FIAL
ActiveThe computed 12-month bankruptcy probability of FIAL is 2.1% (moderate). The 2024 annual accounts show equity of €31k and a net result of €8k. Equity is growing by ~32.6% per year across the filed fiscal years. Its solvency ranks better than 53% of 26043 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+7
Solvency61▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.6 against 0.35 in 2023; short-term debt: 38.5% and cash: 17.5% of total assets), and 63.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
36.3%
Return on assets
9.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
53 d late
2023
19 d late
2022
7 d late
2021
24 d early
2020
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€31k▲ 35.4%
2023 · €23k
2020: €7k
2021: €22k
2022: €18k
2023: €23k
2020 → 2024
Total assets
€85k▼ 12.3%
2023 · €97k
2020: €100k
2021: €109k
2022: €107k
2023: €97k
2020 → 2024
Net result
€8k▲ 81.8%
2023 · €4k
2020: €-13k
2021: €16k
2022: €-4k
2023: €4k
2020 → 2024
Working capital
€-13k▲ 41.7%
2023 · €-23k
2020: €-30k
2021: €-19k
2022: €-28k
2023: €-23k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7k-€22k▲ 227%€18k▼ 18.4%€23k▲ 24.2%€31k▲ 35.4%
Operating result€-10k-€19k€229▼ 98.8%€8k▲ 3,462%€12k▲ 46.2%
Net result€-13k-€16k€-4k€4k€8k▲ 81.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 46% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €85k
Fixed assets
€65k▼ 22.9%
Current assets
€20k▲ 61.5%
Equity and liabilities €85k
Equity
€31k▲ 35.4%
Debt
€54k▼ 27.0%
The debt ratio falls from 76.5% to 63.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31k▲
2023 · €28k
Cash flow
€28k▲
2023 · €24k
Solvency
36.3%▲
2023 · 23.5%
Current ratio
0.60▲
2023 · 0.35
Quick ratio
0.60▲
2023 · 0.35
Debt / equity
1.75▼
2023 · 3.26
ROE
26.2%▲
2023 · 19.5%
ROA
9.5%▲
2023 · 4.6%
Interest coverage
25.01▲
2023 · 9.64
Debt
€54k▼
2023 · €74k
Debt ≤ 1 year
€33k▼
2023 · €35k
Debt > 1 year
€21k▼
2023 · €40k
Income taxes
€3k▲
2023 · €1k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€97k€85k▼
Fixed assets21/28€85k€65k▼
Intangible fixed assets21€62k€52k▼
Tangible fixed assets22/27€23k€14k▼
Plant, machinery and equipment23€680€500▼
Furniture and vehicles24€22k€13k▼
Current assets29/58€12k€20k▲
Amounts receivable within one year40/41€5k€4k▼
Trade receivables40€2k€0▼
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€7k€15k▲
Deferred charges and accrued income490/1€0€749▲
Equity and liabilities
Total equity and liabilities10/49€97k€85k▼
Equity10/15€23k€31k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€3k€11k▲
Amounts payable17/49€74k€54k▼
Amounts payable after more than one year17€40k€21k▼
Financial debts170/4€40k€21k▼
Amounts payable within one year42/48€35k€33k▼
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€11k€6k▼
Suppliers440/4€11k€6k▼
Taxes, remuneration and social security45€10k€12k▲
Taxes450/3€6k€6k▲
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€3k€4k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€19k▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€29k€35k▲
Operating profit (loss)9901€8k€12k▲
Financial income75/76B€463€137▼
Recurring financial income75€463€137▼
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€6k€11k▲
Income taxes67/77€1k€3k▲
Profit (loss) for the period9904€4k€8k▲
Profit (loss) for the period to be appropriated9905€4k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€11k▲
Profit (loss) brought forward from the previous period14P€-2k€3k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2019
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.
Grand-Rue 461348 Ottignies-Louvain-la-NeuveGround area
4,693 m²
Building footprint
1,480 m²
Volume, LiDAR
21,424 m³
Parcel 25386B0122/00N003, Wallonia · tallest building 19.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
FIAL
since 20192.300.383.308
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25386B0122/00N003 | Wallonia | 4,693 m² | 1 · 1,480 m² | 19.0 m · 5 fl. |
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
Food safety, FASFC
1 siteOttignies-Louvain-la-Neuve2.300.383.308
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Of 2,407 companies in sector 47241 we hold annual accounts for 1,099. 900 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-12-2019
Fiscal year end31-12
Activities, NACEBEL
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:peposhi_68@hotmail.com