Turnover
≈ €60,000 estimated
The micro format states no turnover.
FG Lab
Lifetime
1 annual account with figurespeak €9,618 (2025)
€9,618
peak €6,430 (2025)
€6,430
peak €8,430 (2025)
€8,430
€6,189
Board1 name since 2025
1 directorGODFROID Florent Jean Tadeuz
Documentsfilings and deeds
10-07-202621 days before the deadline
2025micro format
Incorporation 14-051 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€2,000 1,200 shares
Checked score
91
Excellent
Financially stronger than 73% of micro companies in other professional activities (NACE 74)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 5,430 companies (NACE 74, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
06-2026: 0.5%
07-2026: 0.5%● unchanged vs 06-2026highest value
08-2026: 0.1%▼ -0.4 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.2%▲ +0.1 percentage points vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Size: total assets €14,619
lowers risk
Sector: Other professional, scientific and technical activities (NACE 74)
Liquidity: current ratio 1.97, cash €11,862
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 74, micro). It does better than 59% of them on solvency, 72% on liquidity and 88% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as FG Lab has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of FG Lab itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for FG Lab. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.97, above the usual 1.5. Short-term debt is 42.3% and cash 81.1% of total assets. 42.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
21 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered office moved from Genappe to Loupoigne
New registered office: Rue des Bassins, 19 à 1471 Loupoigne · Previous registered office: Rue des Lilas, 11-0002 à 1470 Genappe · General meeting of 07-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1023240528
Incorporation
Founding capital of €2,000, 1,200 shares · Founder: GODFROID Florent Jean Tadeuz · Appointment: GODFROID Florent Jean Tadeuz (director) · published on 14-05-2025 · Gazette deed
First establishment
Rue des Bassins 19, Genappe
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FG Lab Genappe | €14,619 | €9,618 | 57.7% | - |
| Blueprint-E Hulshout | €15,404 | €11,737 | 56.9% | - |
| One Tale Studio Waterloo | €16,622 | €6,230 | 36.9% | - |
| New North Ghent | €14,379 | €12,566 | 61.8% | - |
| Cloos Quentin Bastogne | €18,324 | €11,097 | 69.7% | - |
| Frozen Media Lievegem | €18,092 | €8,933 | 51.4% | - |
| Lies to meet you BV Tremelo | €18,465 | €12,820 | 57.1% | - |
These companies have the same main activity as FG Lab: graphic design and visual communication (NACE 74120). They are comparable in size and age: total assets between €14,400 and €18,500, founded in 2025.
Official details
Source: KBO- Status
- Active since 12-05-2025Normal situation
- Activity
- Graphic design and visual communicationNACE 74120and 3 others
- Establishment unit
- 2.373.443.0151471 Genappe, since 12-05-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Annual accounts 2025
- €14,619
- Filing
- Filed on 10-07-2026, 21 days before the end of the filing period
Insights on FG Lab
FG Lab has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,430 and a net result of €6,430.
Its solvency ranks better than 58% of 4,362 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FG Lab
- What is the company number of FG Lab?
- The company number of FG Lab is 1023.240.528. The VAT number is the same number with BE in front: BE 1023.240.528.
- Where is FG Lab based?
- The registered office is at Rue des Bassins 19, 1471 Genappe.Company details
- What does FG Lab do?
- According to the KBO register, the main activity is graphic design and visual communication (NACE 74120).
- What is the legal form of FG Lab?
- FG Lab is a private limited company (BV).
- When was FG Lab founded?
- FG Lab was founded on 12-05-2025.
- Is FG Lab still active?
- Yes, FG Lab is an active enterprise in the KBO register.
- What is the turnover of FG Lab?
- The turnover in financial year 2025 is ≈ €60,000. This figure is estimated from the gross margin of €9,618 and 41 comparable companies (NACE 74). It probably lies between €30,000 and €110,000. It is a rough estimate.Financials
- Is FG Lab profitable?
- In financial year 2025, FG Lab made a profit of €6,430.
- Where can I find the annual accounts of FG Lab?
- FG Lab filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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