FIBEPA
ActiveFIBEPA has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €423k and a net result of €94k. Equity is growing by ~35.8% per year across the filed fiscal years. Its solvency ranks better than 75% of 12632 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
96
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+36
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 3.24 against 2.41 in 2024), and 21.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
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
78.2%
Return on assets
17.5%
Age of the figures
8 mo
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
12 d late
2024
2 d early
2023
21 d early
2022
40 d early
2021
31 d early
2020
46 d early
2019
56 d early
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€423k▲ 28.8%
2024 · €328k
2018: €61k
2019: €69k
2020: €62k
2021: €111k
2022: €192k
2023: €286k
2024: €328k
2018 → 2025
Total assets
€540k▲ 13.2%
2024 · €478k
2018: €177k
2019: €158k
2020: €371k
2021: €369k
2022: €413k
2023: €479k
2024: €478k
2018 → 2025
Net result
€94k▲ 124%
2024 · €42k
2018: €24k
2019: €18k
2020: €-7k
2021: €48k
2022: €81k
2023: €94k
2024: €42k
2018 → 2025
Working capital
€197k▲ 58.2%
2024 · €125k
2018: €24k
2019: €27k
2020: €-185k
2021: €-13k
2022: €29k
2023: €103k
2024: €125k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€111k-€192k▲ 73.5%€286k▲ 49.1%€328k▲ 14.8%€423k▲ 28.8%
Operating result€64k-€65k▲ 0.7%€94k▲ 45.9%€106k▲ 12.6%€140k▲ 31.7%
Net result€48k-€81k▲ 68.5%€94k▲ 15.9%€42k▼ 55.1%€94k▲ 124%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 32% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €540k
Fixed assets
€255k▼ 3.5%
Current assets
€285k▲ 33.9%
Equity and liabilities €540k
Equity
€423k▲ 28.8%
Debt
€118k▼ 21.1%
The debt ratio falls from 31.3% to 21.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€150k▲
2024 · €117k
Cash flow
€104k▲
2024 · €53k
Solvency
78.2%▲
2024 · 68.7%
Current ratio
3.24▲
2024 · 2.41
Quick ratio
3.24▲
2024 · 2.41
Debt / equity
0.28▼
2024 · 0.46
ROE
22.4%▲
2024 · 12.9%
ROA
17.5%▲
2024 · 8.8%
Interest coverage
2.05▼
2024 · 2.22
Debt
€118k▼
2024 · €149k
Debt ≤ 1 year
€88k▼
2024 · €88k
Debt > 1 year
€30k▼
2024 · €61k
Income taxes
€24k▲
2024 · €13k
Staff costs
€94k▲
2024 · €90k
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€478k€540k▲
Fixed assets21/28€265k€255k▼
Intangible fixed assets21€11k€7k▼
Tangible fixed assets22/27€54k€48k▼
Land and buildings22€53k€47k▼
Furniture and vehicles24€711€949▲
Financial fixed assets28€200k€200k=
Current assets29/58€213k€285k▲
Amounts receivable after more than one year29-€121k
Other amounts receivable291-€121k
Amounts receivable within one year40/41€62k€72k▲
Trade receivables40€55k€71k▲
Other amounts receivable41€7k€595▼
Current investments50/53€50k€0▼
Cash at bank and in hand54/58€99k€90k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€478k€540k▲
Equity10/15€328k€423k▲
Contributions10/11€6k€6k=
Reserves13€10k€104k▲
Tax-exempt reserves132€9k€9k=
Distributable reserves133€2k€96k▲
Profit (loss) carried forward14€312k€312k▲
Amounts payable17/49€149k€118k▼
Amounts payable after more than one year17€61k€30k▼
Financial debts170/4€61k€30k▼
Amounts payable within one year42/48€88k€88k▼
Current portion of amounts payable after more than one year42€31k€31k▲
Trade debts44€20k€21k▲
Suppliers440/4€20k€21k▲
Taxes, remuneration and social security45€37k€36k▼
Taxes450/3€25k€23k▼
Remuneration and social security454/9€12k€12k▲
Accrued charges and deferred income492/3-€179
Income statement
Code20242025
Non-recurring operating income76A-€11k
Remuneration, social security and pensions62€90k€94k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€209k€246k▲
Operating profit (loss)9901€106k€140k▲
Financial income75/76B€864€52k▲
Recurring financial income75€864€2k▲
Non-recurring financial income76B-€50k
Financial charges65/66B€52k€73k▲
Recurring financial charges65€52k€73k▲
Profit (loss) for the period before taxes9903€55k€119k▲
Income taxes67/77€13k€24k▲
Profit (loss) for the period9904€42k€94k▲
Profit (loss) for the period to be appropriated9905€42k€94k▲
Appropriation of the result
Profit (loss) to be appropriated9906€312k€406k▲
Profit (loss) brought forward from the previous period14P€269k€312k▲
Transfer to equity691/2-€94k
To other reserves6921-€94k
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
Next filing, fiscal year 2026, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
31-12
Financial
Highest result since 2018net €94k ▲124%
Operating result €140k, net result €94k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
15-03
State Gazette act
General meeting · Auditor reappointment
Permanent representative · Mandate compensation
2023
31-12
Financial
Equity above €200kEq €286k ▲49.1%
3 profitable years in a row build equity to €286k.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €192k ▲73.5%
2 profitable years in a row build equity to €192k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
31-12
Financial
Equity above €100kEq €111k ▲77.4%
Equity rises from €62k to €111k.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-7k ▼136%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 15 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneState Gazette actNBB 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, Herve · 3 establishment units since 2005
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.
Trou du Bois 1 B4652 HerveGround area
1.5 ha
Building footprint
5,198 m²
Volume, LiDAR
47,433 m³
3 parcels, Wallonia · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
FIBEPA
since 20052.224.254.738
FIBEPA
since 20132.224.254.639
FIBEPA
since 20252.376.425.566
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62001B0294/00T005 | Wallonia | 1.4 ha | 1 · 5,148 m² | 13.2 m · 3 fl. |
| 63030B0208/00D000 | Wallonia | 1,012 m² | - | - |
| 63085B0715/00V000 | Wallonia | 91 m² | 1 · 50 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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
2549003H9CQVLKF5CE74
Similar companies · same sector, comparable size
Advies- en Boekhoudkantoor Ieper
BE 0882.756.913
Ieper · Eq €423k
V & V BOEKHOUDKANTOOR
BE 0460.005.078
Lier · Eq €423k
RUDI SWINGS
BE 0435.120.818
Bertem · Eq €423k
DUOFISK
BE 0427.957.268
Mechelen · Eq €422k
ACCION
BE 0836.494.841
Antwerpen · Eq €422k
Of 12,122 companies in sector 69201 we hold annual accounts for 7,601. 5,676 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2005
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
74121
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.