FGA IMMO
ActiveSummary
The computed 12-month bankruptcy probability of FGA IMMO is 7.3% (elevated). The 2025 annual accounts show negative equity (-€84,069) and a net result of -€114,069. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Turnover and EBIT margin not published: the micro schema does not require them.
Peer companies
Historical observationOf the 490 companies that looked in July 2024 the way this one looks now, 6.1% went bankrupt within 24 months and 89% are still going.
- Small
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 7.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 490 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €62,789 |
| Other operating charges640/8 | €6,471 |
| Gross operating margin9900 | -€22,243 |
| Operating profit (loss)9901 | -€91,503 |
| Financial charges65/66B | €22,566 |
| Recurring financial charges65 | €22,566 |
| Profit (loss) for the period before taxes9903 | -€114,069 |
| Profit (loss) for the period9904 | -€114,069 |
| Profit (loss) for the period to be appropriated9905 | -€114,069 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €525,104 | |
| Fixed assets21/28 | €519,231 | |
| Tangible fixed assets22/27 | €519,231 | |
| Land and buildings22 | €519,231 | |
| Current assets29/58 | €5,873 | |
| Amounts receivable within one year40/41 | €1,023 | |
| Trade receivables40 | €1,023 | |
| Cash at bank and in hand54/58 | €4,851 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €525,104 | |
| Equity10/15 | -€84,069 | |
| Contributions10/11 | €30,000 | |
| Profit (loss) carried forward14 | -€114,069 | |
| Amounts payable17/49 | €609,173 | |
| Amounts payable after more than one year17 | €467,091 | |
| Financial debts170/4 | €467,091 | |
| Amounts payable within one year42/48 | €142,082 | |
| Current portion of amounts payable after more than one year42 | €18,192 | |
| Trade debts44 | €6,210 | |
| Suppliers440/4 | €6,210 | |
| Other amounts payable47/48 | €117,679 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€114,069 |
| + Depreciation and write-downs630 | €62,789 |
| Operating cash flow (approximation) | -€51,279 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0284/00W003 | Brussels | 190 m² | 1 · 60 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.