FIBER SOLUTIONS

Active

Private limited companyfounded 20187 yrs activeGerechtigheidsstraat 21, 1090 Jette, BelgiumKBO/BCE: BE 0715.568.109

The computed 12-month bankruptcy probability of FIBER SOLUTIONS is 3.9% (moderate). The 2024 annual accounts show equity of €94k and a net result of €38k. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 26% of 36376 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

53 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability81▲+9

Solvency50▲+3

Growth85=

Track record100

Bankruptcy probability, 12 months

3.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €4.5k at 30 days acceptable

Liquidity tight (current ratio 1.28 against 1.2 in 2023; short-term debt: 75.5% and cash: 30.8% of total assets), and 75.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

24.5%

Return on assets

10%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

not confirmed

2024

15 d early

2023

58 d late

2022

49 d early

2021

31 d late

2020

48 d late

2019

71 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€449k▲ 70.8%

2019 · €263k

2019: €263k

2019 → 2020

EBIT margin

4.4%▲ 1.8pp

2019 · 2.6%

2019: 2.6%

2019 → 2020

Net result

€38k▲ 299%

2023 · €10k

2019: €5k 2020: €15k 2021: €209k 2022: €154k 2023: €10k

2019 → 2024

Working capital

€81k▲ 22.6%

2023 · €66k

2019: €-5k 2020: €11k 2021: €186k 2022: €52k 2023: €66k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€449k-

Equity€22k-€228k▲ 950%€112k▼ 51.0%€91k▼ 18.2%€94k▲ 2.6%

Operating result€20k-€282k▲ 1,325%€213k▼ 24.4%€26k▼ 87.8%€70k▲ 170%

Net result€15k-€209k▲ 1,263%€154k▼ 26.2%€10k▼ 93.8%€38k▲ 299%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 170% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €383k

96.7%

Fixed assets €13k▼ 50.1%

Current assets €370k▼ 7.0%

Equity and liabilities €383k

24.5%

75.5%

Equity €94k▲ 2.6%

Debt €289k▼ 12.9%

The debt ratio falls from 78.4% to 75.5%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€83k▲

2023 · €48k

Cash flow

€51k▲

2023 · €32k

Solvency

24.5%▲

2023 · 21.6%

Current ratio

1.28▲

2023 · 1.20

Quick ratio

1.28▲

2023 · 1.20

Debt / equity

3.08▼

2023 · 3.63

ROE

40.9%▲

2023 · 10.5%

ROA

10.0%▲

2023 · 2.3%

Interest coverage

22.57▲

2023 · 11.98

Debt

€289k▼

2023 · €332k

Debt ≤ 1 year

€289k▼

2023 · €332k

Income taxes

€28k▲

2023 · €12k

Staff costs

€290k▼

2023 · €304k

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€423k€383k▼

Fixed assets21/28€25k€13k▼

Tangible fixed assets22/27€23k€11k▼

Plant, machinery and equipment23€13k€9k▼

Furniture and vehicles24€8k€2k▼

Leasing and similar rights25€1k-

Financial fixed assets28€2k€2k▼

Current assets29/58€398k€370k▼

Amounts receivable within one year40/41€177k€225k▲

Trade receivables40€161k€219k▲

Other amounts receivable41€16k€6k▼

Cash at bank and in hand54/58€218k€118k▼

Deferred charges and accrued income490/1€3k€28k▲

Equity and liabilities

Total equity and liabilities10/49€423k€383k▼

Equity10/15€91k€94k▲

Contributions10/11€19k€19k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€71k€73k▲

Amounts payable17/49€332k€289k▼

Amounts payable within one year42/48€332k€289k▼

Current portion of amounts payable after more than one year42€5k-

Trade debts44€46k€129k▲

Suppliers440/4€46k€129k▲

Taxes, remuneration and social security45€70k€71k▲

Taxes450/3€33k€46k▲

Remuneration and social security454/9€37k€25k▼

Other amounts payable47/48€210k€89k▼

Income statement Code20232024

Remuneration, social security and pensions62€304k€290k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€13k▼

Other operating charges640/8€5k€13k▲

Non-recurring operating charges66A€3k-

Gross operating margin9900€361k€386k▲

Operating profit (loss)9901€26k€70k▲

Financial income75/76B€27€37▲

Recurring financial income75€27€37▲

Financial charges65/66B€4k€4k▼

Recurring financial charges65€4k€4k▼

Profit (loss) for the period before taxes9903€22k€66k▲

Income taxes67/77€12k€28k▲

Profit (loss) for the period9904€10k€38k▲

Profit (loss) for the period to be appropriated9905€10k€38k▲

Appropriation of the result

Profit (loss) to be appropriated9906€101k€109k▲

Profit (loss) brought forward from the previous period14P€91k€71k▼

Profit to be distributed694/7€30k€36k▲

Return on contributions (dividend)694€30k€36k▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 9Financial 3Filings 6

2025

16-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

27-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 58 days late

2023

12-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

2021

31-12

Financial Highest result since 2019net €209k ▲1263%

Operating result €282k, net result €209k, both a record.

31-12

Financial Equity above €200kEq €228k ▲950%

3 profitable years in a row build equity to €228k.

17-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 48 days late

2020

31-12

Financial Liquidity triplescurrent ratio 1.55

Current ratio from 0.57 to 1.55.

10-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 71 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2023

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

29-06-2023 EL BODAKHANI Yassine: Resigned as Manager

29-06-2023 MIRA Aziz: Resigned as Manager

29-06-2023 TAHAR Faïssal: Resigned as Manager

Location & real-estate footprint

Registered office, Jette · 1 establishment unit since 2018

establishment The establishment unit on the map

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.

Gerechtigheidsstraat 211090 Jette

Ground area

166 m²

Building footprint