Fibertree
ActiveFibertree has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €136k and a net result of €-2k. Equity is growing by ~23.6% per year across the filed fiscal years. Its solvency ranks better than 58% of 1329 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▼-14
Solvency77▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.18 against 2.13 in 2023; short-term debt: 29.4% and cash: 0.4% of total assets), and 47.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
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
52.1%
Return on assets
-0.7%
Age of the figures
21 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-08-2025, 10 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
10 d late
2023
2 d early
2022
46 d late
2021
54 d late
2020
54 d late
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€136k▼ 1.3%
2023 · €138k
2018: €5k
2019: €9k
2020: €67k
2021: €107k
2022: €127k
2023: €138k
2018 → 2024
Total assets
€261k▼ 8.0%
2023 · €284k
2018: €70k
2019: €57k
2020: €191k
2021: €244k
2022: €243k
2023: €284k
2018 → 2024
Net result
€-2k
2023 · €31k
2018: €-747
2019: €4k
2020: €58k
2021: €40k
2022: €8k
2023: €31k
2018 → 2024
Working capital
€90k▲ 17.0%
2023 · €77k
2018: €-2k
2019: €6k
2020: €41k
2021: €66k
2022: €74k
2023: €77k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€67k-€107k▲ 59.7%€127k▲ 18.7%€138k▲ 8.2%€136k▼ 1.3%
Operating result€87k-€49k▼ 44.0%€15k▼ 69.1%€47k▲ 214%€3k▼ 93.5%
Net result€58k-€40k▼ 30.9%€8k▼ 80.9%€31k▲ 303%€-2k
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 2024; 2024 is 93% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €261k
Fixed assets
€94k▼ 31.9%
Current assets
€167k▲ 14.5%
Equity and liabilities €261k
Equity
€136k▼ 1.3%
Debt
€125k▼ 14.3%
The debt ratio falls from 51.4% to 47.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€58k▼
2023 · €86k
Cash flow
€53k▼
2023 · €69k
Solvency
52.1%▲
2023 · 48.6%
Current ratio
2.18▲
2023 · 2.13
Quick ratio
2.18▲
2023 · 2.13
Debt / equity
0.92▼
2023 · 1.06
ROE
-1.3%▼
2023 · 22.4%
ROA
-0.7%▼
2023 · 10.9%
Interest coverage
13.94▲
2023 · 12.47
Debt
€125k▼
2023 · €146k
Debt ≤ 1 year
€77k▲
2023 · €69k
Debt > 1 year
€48k▼
2023 · €77k
Income taxes
€790▼
2023 · €10k
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€284k€261k▼
Formation expenses20€0€0=
Fixed assets21/28€138k€94k▼
Tangible fixed assets22/27€137k€93k▼
Plant, machinery and equipment23€37k€18k▼
Furniture and vehicles24€101k€76k▼
Financial fixed assets28€200€335▲
Current assets29/58€146k€167k▲
Amounts receivable within one year40/41€137k€164k▲
Trade receivables40€9k€23k▲
Other amounts receivable41€128k€141k▲
Cash at bank and in hand54/58€8k€1k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€284k€261k▼
Equity10/15€138k€136k▼
Contributions10/11€0-
Reserves13€137k€137k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€137k€137k=
Profit (loss) carried forward14€1k€-773▼
Amounts payable17/49€146k€125k▼
Amounts payable after more than one year17€77k€48k▼
Financial debts170/4€77k€48k▼
Amounts payable within one year42/48€69k€77k▲
Current portion of amounts payable after more than one year42€44k€35k▼
Financial debts43€4k€7k▲
Credit institutions430/8€4k€7k▲
Trade debts44€16k€31k▲
Suppliers440/4€16k€31k▲
Taxes, remuneration and social security45€4k€4k▼
Taxes450/3€4k€4k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€55k▲
Other operating charges640/8€922€4k▲
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€88k€62k▼
Operating profit (loss)9901€47k€3k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€7k€4k▼
Recurring financial charges65€7k€4k▼
Profit (loss) for the period before taxes9903€41k€-1k▼
Income taxes67/77€10k€790▼
Profit (loss) for the period9904€31k€-2k▼
Profit (loss) for the period to be appropriated9905€31k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€-773▼
Profit (loss) brought forward from the previous period14P€1k€1k=
Transfer to equity691/2€31k€0▼
To other reserves6921€31k€0▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 10 days late
2024
31-12
Financial
Weakest financial yearnet €-2k ▼106%
Net result drops to €-2k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
2022
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 54 days late
2021
31-12
Financial
Equity above €100kEq €107k ▲59.7%
3 profitable years in a row build equity to €107k.
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 54 days late
2020
31-12
Financial
Highest result since 2018net €58k ▲1483%
Operating result €87k, net result €58k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
02-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 33 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Aalst · 1 establishment unit since 2018
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.
Fritz De Wolfkaai 89300 AalstGround area
2,241 m²
Building footprint
752 m²
Volume, LiDAR
15,580 m³
Parcel 41002A0715/00L004, Flanders · tallest building 28.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Kabellegger
since 20182.272.810.265
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41002A0715/00L004 | Flanders | 2,241 m² | 1 · 752 m² | 28.9 m · 6 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.
Similar companies · same sector, comparable size
DIVAGO
BE 0630.972.330
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BELGASEL
BE 0802.073.303
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BATUKO CONNECT
BE 0808.106.802
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BUDTS PUTBORINGEN
BE 0798.253.877
Nijlen · Eq €146k
dewit
BE 0823.973.923
Tremelo · Eq €146k
Of 337 companies in sector 42219 we hold annual accounts for 149. 112 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-01-2018
Fiscal year end31-12
Activities, NACEBEL
42219Civil engineering
42220Construction of utility projects for electricity and telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.