FIBONACCI SOLUTIONS
ActiveSummary
FIBONACCI SOLUTIONS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60k and a net result of €39k. Equity is shrinking by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 21% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▼-18
Solvency41▲+8
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.17 in 2024; short-term debt: 31.2% and cash: 6.7% of total assets), and 83.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
16.1%
Return on assets
10.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 9 filingsDeviation from the deadline
2025
28 d late
2024
6 d early
2023
30 d late
2022
25 d late
2021
30 d late
2020
30 d late
2019
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€60k▲ 193%
2024 · €20k
2018: €99k
2019: €161k▲ +63.0% vs 2018
2020: €141k▼ -12.4% vs 2019
2021: €182k▲ +29.1% vs 2020highest in 8 years
2022: €83k▼ -54.6% vs 2021
2023: €83k● 0.0% vs 2022
2024: €20k▼ -75.3% vs 2023lowest in 8 years
2025: €60k▲ +193% vs 2024
2018 → 2025
Total assets
€372k▲ 38.5%
2024 · €269k
2018: €136klowest in 8 years
2019: €206k▲ +50.6% vs 2018
2020: €259k▲ +26.1% vs 2019
2021: €227k▼ -12.2% vs 2020
2022: €306k▲ +34.6% vs 2021
2023: €234k▼ -23.5% vs 2022
2024: €269k▲ +14.9% vs 2023
2025: €372k▲ +38.5% vs 2024highest in 8 years
2018 → 2025
Net result
€39k▼ 52.3%
2024 · €83k
2018: €53k
2019: €62k▲ +17.6% vs 2018
2020: €48k▼ -23.3% vs 2019
2021: €57k▲ +20.3% vs 2020
2022: €49k▼ -15.1% vs 2021
2023: €37k▼ -23.2% vs 2022lowest in 8 years
2024: €83k▲ +121% vs 2023highest in 8 years
2025: €39k▼ -52.3% vs 2024
2018 → 2025
Working capital
€34k▼ 11.5%
2024 · €38k
2018: €96k
2019: €158k▲ +64.1% vs 2018
2020: €136k▼ -13.6% vs 2019
2021: €177k▲ +29.8% vs 2020highest in 8 years
2022: €93k▼ -47.7% vs 2021
2023: €98k▲ +5.6% vs 2022
2024: €38k▼ -61.0% vs 2023
2025: €34k▼ -11.5% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€182k-€83k▼ 54.6%€83k=€20k▼ 75.3%€60k▲ 193%
2021: €182khighest in 5 years
2022: €83k▼ -54.6% vs 2021
2023: €83k● 0.0% vs 2022
2024: €20k▼ -75.3% vs 2023lowest in 5 years
2025: €60k▲ +193% vs 2024
Operating result€73k-€64k▼ 11.3%€55k▼ 14.7%€109k▲ 99.2%€56k▼ 48.4%
2021: €73k
2022: €64k▼ -11.3% vs 2021
2023: €55k▼ -14.7% vs 2022lowest in 5 years
2024: €109k▲ +99.2% vs 2023highest in 5 years
2025: €56k▼ -48.4% vs 2024
Net result€57k-€49k▼ 15.1%€37k▼ 23.2%€83k▲ 121%€39k▼ 52.3%
2021: €57k
2022: €49k▼ -15.1% vs 2021
2023: €37k▼ -23.2% vs 2022lowest in 5 years
2024: €83k▲ +121% vs 2023highest in 5 years
2025: €39k▼ -52.3% vs 2024
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 48% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €372k
Fixed assets
€223k ▲ 8,253%
Current assets
€150k ▼ 43.7%
Equity and liabilities €372k
Equity
€60k ▲ 193%
Debt
€313k ▲ 25.7%
Debt's share of the balance-sheet total falls from 92.4% to 83.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€86k▼
2024 · €110k
Cash flow
€69k▼
2024 · €84k
Current ratio
1.29▲
2024 · 1.17
Debt to equity
5.21▼
2024 · 12.15
ROE
65.9%▼
2024 · 405.1%
ROA
10.6%▼
2024 · 30.8%
Interest coverage
18.37▼
2024 · 21.85
Debt ≤ 1 year
€116k▼
2024 · €228k
Debt > 1 year
€178k
Income taxes
€18k▼
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€269k€372k▲
Fixed assets21/28€3k€223k▲
Tangible fixed assets22/27€3k€223k▲
Land and buildings22-€220k
Furniture and vehicles24€3k€2k▼
Current assets29/58€266k€150k▼
Amounts receivable within one year40/41€203k€68k▼
Trade receivables40€95k€68k▼
Other amounts receivable41€108k€0▼
Current investments50/53-€57k
Cash at bank and in hand54/58€63k€25k▼
Deferred charges and accrued income490/1€467€0▼
Equity and liabilities
Total equity and liabilities10/49€269k€372k▲
Equity10/15€20k€60k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€0€39k▲
Amounts payable17/49€249k€313k▲
Amounts payable after more than one year17-€178k
Financial debts170/4-€178k
Amounts payable within one year42/48€228k€116k▼
Current portion of amounts payable after more than one year42-€17k
Trade debts44€21k€45k▲
Suppliers440/4€21k€45k▲
Taxes, remuneration and social security45€46k€51k▲
Taxes450/3€46k€51k▲
Other amounts payable47/48€162k€3k▼
Accrued charges and deferred income492/3€20k€18k▼
Income statement
Code20242025
Non-recurring operating income76A-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€30k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€114k€90k▼
Operating profit (loss)9901€109k€56k▼
Financial income75/76B€3k€6k▲
Recurring financial income75€3k€6k▲
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€107k€58k▼
Income taxes67/77€24k€18k▼
Profit (loss) for the period9904€83k€39k▼
Profit (loss) for the period to be appropriated9905€83k€39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€83k€39k▼
Transfer from equity791/2€62k€0▼
Profit to be distributed694/7€145k€0▼
Return on contributions (dividend)694€145k€0▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €1k | €1k | €30k | ▲ 2,446% |
| Other operating charges640/8 | €886 | €714 | €6k | €4k | €4k | ▼ 1.6% |
| Gross operating margin9900 | €75k | €66k | €62k | €114k | €90k | ▼ 21.3% |
| Operating profit (loss)9901 | €73k | €64k | €55k | €109k | €56k | ▼ 48.4% |
| Financial income75/76B | €2k | €650 | €68 | €3k | €6k | ▲ 123% |
| Recurring financial income75 | €2k | €650 | €68 | €3k | €6k | ▲ 123% |
| Financial charges65/66B | €792 | €460 | €5k | €5k | €5k | ▼ 7.2% |
| Recurring financial charges65 | €792 | €460 | €5k | €5k | €5k | ▼ 7.2% |
| Profit (loss) for the period before taxes9903 | €73k | €64k | €50k | €107k | €58k | ▼ 46.0% |
| Income taxes67/77 | €16k | €16k | €12k | €24k | €18k | ▼ 24.0% |
| Profit (loss) for the period9904 | €57k | €49k | €37k | €83k | €39k | ▼ 52.3% |
| Profit (loss) for the period to be appropriated9905 | €57k | €49k | €37k | €83k | €39k | ▼ 52.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €227k | €306k | €234k | €269k | €372k | ▲ 38.5% |
| Fixed assets21/28 | €6k | €6k | €4k | €3k | €223k | ▲ 8,253% |
| Tangible fixed assets22/27 | €5k | €5k | €4k | €3k | €223k | ▲ 8,253% |
| Land and buildings22 | - | - | - | - | €220k | - |
| Furniture and vehicles24 | €3k | €4k | €4k | €3k | €2k | ▼ 8.8% |
| Other tangible fixed assets26 | €3k | €2k | €0 | - | - | - |
| Financial fixed assets28 | €300 | €300 | €0 | - | - | - |
| Current assets29/58 | €222k | €300k | €230k | €266k | €150k | ▼ 43.7% |
| Amounts receivable within one year40/41 | €23k | €89k | €83k | €203k | €68k | ▼ 66.6% |
| Trade receivables40 | €5k | €81k | €82k | €95k | €68k | ▼ 28.7% |
| Other amounts receivable41 | €18k | €8k | €250 | €108k | €0 | ▼ 100% |
| Current investments50/53 | - | - | - | - | €57k | - |
| Cash at bank and in hand54/58 | €198k | €212k | €147k | €63k | €25k | ▼ 60.2% |
| Deferred charges and accrued income490/1 | €2k | €0 | €233 | €467 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €227k | €306k | €234k | €269k | €372k | ▲ 38.5% |
| Equity10/15 | €182k | €83k | €83k | €20k | €60k | ▲ 193% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €64k | €64k | €64k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €62k | €62k | €64k | €2k | €2k | = |
| Profit (loss) carried forward14 | €100k | €0 | €0 | €0 | €39k | - |
| Amounts payable17/49 | €45k | €223k | €151k | €249k | €313k | ▲ 25.7% |
| Amounts payable after more than one year17 | - | - | - | - | €178k | - |
| Financial debts170/4 | - | - | - | - | €178k | - |
| Amounts payable within one year42/48 | €45k | €208k | €133k | €228k | €116k | ▼ 49.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €17k | - |
| Trade debts44 | €5k | €9k | €49k | €21k | €45k | ▲ 113% |
| Suppliers440/4 | €5k | €9k | €49k | €21k | €45k | ▲ 113% |
| Advances received on contracts in progress46 | - | €23k | €0 | - | - | - |
| Taxes, remuneration and social security45 | €23k | €28k | €29k | €46k | €51k | ▲ 11.5% |
| Taxes450/3 | €23k | €28k | €29k | €46k | €51k | ▲ 11.5% |
| Other amounts payable47/48 | €17k | €148k | €54k | €162k | €3k | ▼ 98.4% |
| Accrued charges and deferred income492/3 | - | €15k | €19k | €20k | €18k | ▼ 11.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €57k | €49k | €37k | €83k | €39k | ▼ 52.3% |
| + Depreciation and write-downs630 | €1k | €1k | €1k | €1k | €30k | ▲ 2,446% |
| Operating cash flow (approximation) | €59k | €50k | €39k | €84k | €69k | ▼ 17.6% |
| Investment in fixed assets (approximation) | - | €-1k | €836 | €0 | €-250k | - |
| Change in cash | - | €14k | €-64k | €-84k | €-38k | ▲ 55.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €83k ▲121%
Operating result €109k, net result €83k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €37k ▼23.2%
Net result drops to €37k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 4.92
Current ratio from 2.16 to 4.92; short-term debt falls from €118k to €45k.
31-12
Financial
Equity above €150kEq €182k ▲29.1%
4 profitable years in a row build equity to €182k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2019
31-12
Financial
Equity above €150kEq €161k ▲63%
2 profitable years in a row build equity to €161k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Tournai · 1 establishment unit since 2016
Ground area
5,720 m²
Building footprint
1,315 m²
Volume, LiDAR
14,615 m³
2 parcels, Wallonia · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
FIBONACCI SOLUTIONS
since 20162.258.507.220
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57031B0362/00T004 | Wallonia | 2,944 m² | 1 · 1,086 m² | 14.9 m · 4 fl. |
| 57078D0423/00C004 | Wallonia | 2,776 m² | 1 · 229 m² | 14.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
TSP Consultancy
BE 0789.474.486
Roeselare · Eq €59,952
VALUEACT
BE 0819.570.123
Oudergem · Eq €59,956
OMTREK
BE 1019.934.610
Sint-Martens-Latem · Eq €59,956
accuraatt
BE 1012.439.082
Merelbeke-Melle · Eq €59,957
Sano Vida Invest
BE 0792.904.526
Ravels · Eq €59,944
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 39,025 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.