Fibco
ActiveThe computed 12-month bankruptcy probability of Fibco is 1.9% (moderate). The 2025 annual accounts show equity of €72k and a net result of €41k. Equity is shrinking by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 36% of 27172 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
89
/ 100
Excellent▲ +43 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency61▲+57
Growth32=
Stability100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 0.52 in 2024), and 65.9% 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
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
34.1%
Return on assets
19.7%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €72k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 6 filingsDeviation from the deadline
2025
27 d late
2024
295 d late
2023
660 d late
2022
on the day
2021
150 d late
2020
92 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
10-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€72k▲ 136%
2024 · €30k
2020: €93k
2021: €120k
2022: €102k
2023: €9k
2024: €30k
2020 → 2025
Total assets
€210k▼ 57.8%
2024 · €498k
2020: €150k
2021: €580k
2022: €566k
2023: €566k
2024: €498k
2020 → 2025
Net result
€41k▲ 95.7%
2024 · €21k
2020: €93k
2021: €27k
2022: €-18k
2023: €-93k
2024: €21k
2020 → 2025
Working capital
€48k
2024 · €-105k
2020: €79k
2021: €10k
2022: €-23k
2023: €-113k
2024: €-105k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€120k-€102k▼ 15.1%€9k▼ 91.0%€30k▲ 229%€72k▲ 136%
Operating result€46k-€-1k€-75k▼ 5,228%€46k€45k▼ 3.8%
Net result€27k-€-18k€-93k▼ 413%€21k€41k▲ 95.7%
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 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €210k
Fixed assets
€24k▼ 93.7%
Current assets
€186k▲ 61.9%
Equity and liabilities €210k
Equity
€72k▲ 136%
Debt
€139k▼ 70.4%
The debt ratio falls from 93.9% to 65.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€63k▼
2024 · €74k
Cash flow
€60k▲
2024 · €49k
Solvency
34.1%▲
2024 · 6.1%
Current ratio
1.35▲
2024 · 0.52
Quick ratio
1.35▲
2024 · 0.52
Debt / equity
1.93▼
2024 · 15.42
ROE
57.7%▼
2024 · 69.6%
ROA
19.7%▲
2024 · 4.2%
Interest coverage
6.60▲
2024 · 2.74
Debt
€139k▼
2024 · €468k
Debt ≤ 1 year
€138k▼
2024 · €220k
Debt > 1 year
€0▼
2024 · €243k
Income taxes
€186▲
2024 · €0
Staff costs
€45k▼
2024 · €96k
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€498k€210k▼
Fixed assets21/28€383k€24k▼
Tangible fixed assets22/27€372k€13k▼
Land and buildings22€343k€0▼
Plant, machinery and equipment23€4k€1k▼
Furniture and vehicles24€414€2k▲
Leasing and similar rights25€24k€9k▼
Financial fixed assets28€11k€11k▲
Current assets29/58€115k€186k▲
Amounts receivable within one year40/41€98k€184k▲
Trade receivables40€9k€33k▲
Other amounts receivable41€89k€150k▲
Cash at bank and in hand54/58€14k€2k▼
Deferred charges and accrued income490/1€2k€564▼
Equity and liabilities
Total equity and liabilities10/49€498k€210k▼
Equity10/15€30k€72k▲
Reserves13€102k€102k=
Distributable reserves133€102k€102k=
Profit (loss) carried forward14€-72k€-30k▲
Amounts payable17/49€468k€139k▼
Amounts payable after more than one year17€243k€0▼
Financial debts170/4€243k€0▼
Amounts payable within one year42/48€220k€138k▼
Current portion of amounts payable after more than one year42€36k€12k▼
Financial debts43€81k€0▼
Credit institutions430/8€26k€0▼
Other loans439€55k€0▼
Trade debts44€72k€24k▼
Suppliers440/4€72k€24k▼
Taxes, remuneration and social security45€31k€17k▼
Taxes450/3€343€9k▲
Remuneration and social security454/9€31k€7k▼
Other amounts payable47/48-€84k
Accrued charges and deferred income492/3€4k€1k▼
Income statement
Code20242025
Non-recurring operating income76A-€43k
Remuneration, social security and pensions62€96k€45k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€18k▼
Other operating charges640/8€11k€4k▼
Gross operating margin9900€182k€112k▼
Operating profit (loss)9901€46k€45k▼
Financial income75/76B€3k€6k▲
Recurring financial income75€3k€6k▲
Financial charges65/66B€29k€10k▼
Recurring financial charges65€27k€10k▼
Non-recurring financial charges66B€2k€0▼
Profit (loss) for the period before taxes9903€21k€42k▲
Income taxes67/77€0€186▲
Profit (loss) for the period9904€21k€41k▲
Profit (loss) for the period to be appropriated9905€21k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-72k€-30k▲
Profit (loss) brought forward from the previous period14P€-93k€-72k▲
The notes to these accounts (12 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 295 days late
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 660 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 1.35
Current ratio from 0.52 to 1.35; short-term debt falls from €220k to €138k.
2024
31-12
Financial
Back to profitnet €21k
Net result €21k after 2 loss-making years.
2023
31-12
Financial
Weakest financial yearnet €-93k
Net result drops to €-93k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 150 days late
2021
31-12
Financial
Equity above €100kEq €120k ▲28.5%
2 profitable years in a row build equity to €120k.
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Lokeren · 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.
Antwerpse Steenweg 419160 LokerenGround area
836 m²
Building footprint
121 m²
Volume, LiDAR
661 m³
Parcel 46014A0248/00V000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fibco
since 20192.294.063.163
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46014A0248/00V000 | Flanders | 836 m² | 1 · 121 m² | 8.5 m · 2 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.
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 8,721 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2019
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43240Other construction installation
43299Specialised construction activities
46150Agents in the wholesale of furniture, household goods and hardware
46190Agents in non-specialised wholesale trade
46499Wholesale of other household goods
70200Business and other management consultancy
70220Business consulting
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.