FHINVEST
ActiveFHINVEST has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.65M and a net result of €122k. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 57% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
94
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▲+1
Solvency99▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 7.83 against 6.23 in 2024), and 37.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62.9%
Return on assets
4.6%
Age of the figures
11 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 d early
2024
33 d early
2023
34 d early
2022
19 d early
2021
26 d early
2020
39 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.65M▲ 8.0%
2024 · €1.52M
2018: €279k
2019: €302k
2020: €1.53M
2021: €1.45M
2022: €1.43M
2023: €1.41M
2024: €1.52M
2018 → 2025
Total assets
€2.62M▼ 4.0%
2024 · €2.73M
2018: €492k
2019: €456k
2020: €1.68M
2021: €1.57M
2022: €1.53M
2023: €2.76M
2024: €2.73M
2018 → 2025
Net result
€122k▲ 9.8%
2024 · €111k
2018: €45k
2019: €23k
2020: €1.23M
2021: €-89k
2022: €-8k
2023: €-13k
2024: €111k
2018 → 2025
Working capital
€1.13M▼ 1.7%
2024 · €1.15M
2018: €71k
2019: €84k
2020: €1.36M
2021: €1.27M
2022: €1.25M
2023: €1.14M
2024: €1.15M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.45M-€1.43M▼ 1.3%€1.41M▼ 0.9%€1.52M▲ 7.8%€1.65M▲ 8.0%
Operating result€-96k-€-25k▲ 73.8%€-7k▲ 71.8%€160k€136k▼ 14.9%
Net result€-89k-€-8k▲ 90.4%€-13k▼ 53.2%€111k€122k▲ 9.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.62M
Fixed assets
€1.33M▼ 2.5%
Current assets
€1.29M▼ 5.5%
Equity and liabilities €2.62M
Equity
€1.65M▲ 8.0%
Debt
€973k▼ 19.1%
The debt ratio falls from 44.1% to 37.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€172k▼
2024 · €189k
Cash flow
€158k▲
2024 · €140k
Solvency
62.9%▲
2024 · 55.9%
Current ratio
7.83▲
2024 · 6.23
Quick ratio
6.64▲
2024 · 4.63
Debt / equity
0.59▼
2024 · 0.79
ROE
7.4%▲
2024 · 7.3%
ROA
4.6%▲
2024 · 4.1%
Interest coverage
4.13▲
2024 · 3.63
Debt
€973k▼
2024 · €1.20M
Debt ≤ 1 year
€165k▼
2024 · €220k
Debt > 1 year
€802k▼
2024 · €981k
Income taxes
€42k▲
2024 · €589
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.73M€2.62M▼
Fixed assets21/28€1.36M€1.33M▼
Tangible fixed assets22/27€290k€256k▼
Land and buildings22€165k€154k▼
Furniture and vehicles24€33k€19k▼
Other tangible fixed assets26€92k€82k▼
Financial fixed assets28€1.07M€1.07M=
Current assets29/58€1.37M€1.29M▼
Stocks and contracts in progress3€351k€197k▼
Stocks30/36€351k€197k▼
Amounts receivable within one year40/41€937k€923k▼
Trade receivables40€5k€211▼
Other amounts receivable41€932k€923k▼
Current investments50/53€50k-
Cash at bank and in hand54/58€22k€169k▲
Deferred charges and accrued income490/1€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€2.73M€2.62M▼
Equity10/15€1.52M€1.65M▲
Contributions10/11€20k€20k=
Reserves13€24k€134k▲
Tax-exempt reserves132€24k€134k▲
Profit (loss) carried forward14€1.48M€1.49M▲
Amounts payable17/49€1.20M€973k▼
Amounts payable after more than one year17€981k€802k▼
Financial debts170/4€977k€799k▼
Other amounts payable178/9€4k€4k=
Amounts payable within one year42/48€220k€165k▼
Current portion of amounts payable after more than one year42€121k€153k▲
Financial debts43€80k-
Credit institutions430/8€80k-
Trade debts44€8k€1k▼
Suppliers440/4€8k€1k▼
Taxes, remuneration and social security45€11k€10k▼
Taxes450/3€11k€10k▼
Accrued charges and deferred income492/3€2k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€36k▲
Other operating charges640/8€5k€3k▼
Gross operating margin9900€194k€175k▼
Operating profit (loss)9901€160k€136k▼
Financial income75/76B€3k€69k▲
Recurring financial income75€3k€69k▲
Financial charges65/66B€52k€42k▼
Recurring financial charges65€52k€42k▼
Profit (loss) for the period before taxes9903€111k€164k▲
Income taxes67/77€589€42k▲
Profit (loss) for the period9904€111k€122k▲
Transfer to tax-exempt reserves689-€110k
Profit (loss) for the period to be appropriated9905€111k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.48M€1.49M▲
Profit (loss) brought forward from the previous period14P€1.37M€1.48M▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €111k
Net result €111k after 3 loss-making years.
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-89k ▼107%
Net result drops to €-89k, the lowest in the series; recovery starts the following year.
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €1.23M ▲5189%
Net result €1.23M, the highest in the series.
30-09
Financial
Liquidity times 9current ratio 43.16
Current ratio from 4.62 to 43.16.
30-09
Financial
Equity above €1MEq €1.53M ▲407%
3 profitable years in a row build equity to €1.53M.
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Liquidity doublescurrent ratio 4.62
Current ratio from 1.98 to 4.62; short-term debt falls from €72k to €23k.
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Pétrieux(BEC) 967532 TournaiGround area
6,860 m²
Parcel 57007D0345/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
FHINVEST
since 20072.166.080.076
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57007D0345/00F000 | Wallonia | 6,860 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
984500T76BY04081C851
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Of 82,241 companies in sector 70200 we hold annual accounts for 52,386. 22,297 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-10-2007
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68321Property management for co-owned buildings (syndics)
68322Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.