FIBRIUM
ActiveSummary
The computed 12-month bankruptcy probability of FIBRIUM is 2.6% (moderate). The 2025 annual accounts show equity of €72,159 and a net result of -€29,836. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 71% of 28254 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency91▲+4
Growth52=
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 2.78 against 2.37 in 2024; short-term debt: 30.1% and cash: 13.6% of total assets), and 34% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
66%
Return on assets
-27.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year -€29,836
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
30 d late
2022
on the day
2021
11 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€72,159▼ 29.3%
2024 · €101,994
Total assets
€109,348▼ 33.1%
2024 · €163,380
Net result
-€29,836▲ 67.3%
2024 · -€91,155
Working capital
€58,566▼ 30.3%
2024 · €83,990
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€71,665-€88,631▲ 23.7%€102,177▲ 15.3%-€90,078-€27,411▲ 69.6%
Net result€52,502above the sector's middle half-€63,777above the sector's middle half▲ 21.5%€72,870above the sector's middle half▲ 14.3%-€91,155below the sector's middle half-€29,836below the sector's middle half▲ 67.3%
Equity€56,502within the sector's middle half-€120,279within the sector's middle half▲ 113%€193,149above the sector's middle half▲ 60.6%€101,994within the sector's middle half▼ 47.2%€72,159within the sector's middle half▼ 29.3%
Total assets€102,454within the sector's middle half-€237,217within the sector's middle half▲ 132%€301,801above the sector's middle half▲ 27.2%€163,380within the sector's middle half▼ 45.9%€109,348within the sector's middle half▼ 33.1%
Debt€45,952-€116,938▲ 154%€108,652▼ 7.1%€61,385▼ 43.5%€37,189▼ 39.4%
Working capital€51,767within the sector's middle half-€89,880above the sector's middle half▲ 73.6%€169,376above the sector's middle half▲ 88.4%€83,990within the sector's middle half▼ 50.4%€58,566within the sector's middle half▼ 30.3%
Solvency55.1%within the sector's middle half-50.7%within the sector's middle half▼ 4.4pp64.0%within the sector's middle half▲ 13.3pp62.4%within the sector's middle half▼ 1.6pp66.0%within the sector's middle half▲ 3.6pp
Current ratio2.13within the sector's middle half-1.77within the sector's middle half▼ 0.362.56within the sector's middle half▲ 0.792.37within the sector's middle half▼ 0.192.78within the sector's middle half▲ 0.41
Return on assets (ROA)51.2%above the sector's middle half-26.9%above the sector's middle half▼ 24.4pp24.1%above the sector's middle half▼ 2.7pp-55.8%below the sector's middle half▼ 79.9pp-27.3%below the sector's middle half▲ 28.5pp
Staff (FTE)1-1.4▲ 40.0%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €27,411 in 2025 against €90,078 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €109,348
Fixed assets
€17,919 ▼ 0.5%
Current assets
€91,429 ▼ 37.1%
Equity and liabilities €109,348
Equity
€72,159 ▼ 29.3%
Debt
€37,189 ▼ 39.4%
Debt's share of the balance-sheet total falls from 37.6% to 34.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€19,325▲
2024 · -€83,286
Cash flow
-€21,750▲
2024 · -€84,363
Debt to equity
0.52▼
2024 · 0.60
ROE
-41.3%▲
2024 · -89.4%
Interest coverage
-9.49▲
2024 · -107.65
Debt ≤ 1 year
€32,863▼
2024 · €61,385
Debt > 1 year
€4,326
Income taxes
€442▲
2024 · €441
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,597 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.8%
went bankrupt
9.2%
stopped otherwise
87%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,597 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2,672 | €54,371 | €512 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €254 | €2,479 | €6,626 | €6,792 | €8,085 | ▲ 19.0% |
| Other operating charges640/8 | €391 | €911 | €3,011 | €3,172 | €4,148 | ▲ 30.8% |
| Gross operating margin9900 | €74,982 | €146,392 | €112,327 | -€80,115 | -€15,178 | ▲ 81.1% |
| Operating profit (loss)9901 | €71,665 | €88,631 | €102,177 | -€90,078 | -€27,411 | ▲ 69.6% |
| Financial income75/76B | €2 | €2 | €0 | €138 | €53 | ▼ 61.4% |
| Recurring financial income75 | €2 | €2 | €0 | €138 | €53 | ▼ 61.4% |
| Financial charges65/66B | €3 | €535 | €1,122 | €774 | €2,036 | ▲ 163% |
| Recurring financial charges65 | €3 | €535 | €1,122 | €774 | €2,036 | ▲ 163% |
| Profit (loss) for the period before taxes9903 | €71,664 | €88,098 | €101,055 | -€90,714 | -€29,394 | ▲ 67.6% |
| Income taxes67/77 | €19,161 | €24,321 | €28,185 | €441 | €442 | ▲ 0.2% |
| Profit (loss) for the period9904 | €52,502 | €63,777 | €72,870 | -€91,155 | -€29,836 | ▲ 67.3% |
| Profit (loss) for the period to be appropriated9905 | €52,502 | €63,777 | €72,870 | -€91,155 | -€29,836 | ▲ 67.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €102,454 | €237,217 | €301,801 | €163,380 | €109,348 | ▼ 33.1% |
| Fixed assets21/28 | €4,736 | €30,400 | €23,773 | €18,004 | €17,919 | ▼ 0.5% |
| Tangible fixed assets22/27 | €4,736 | €30,400 | €23,773 | €18,004 | €17,919 | ▼ 0.5% |
| Plant, machinery and equipment23 | €4,736 | €9,371 | €7,145 | €5,778 | €3,211 | ▼ 44.4% |
| Furniture and vehicles24 | - | €21,029 | €16,628 | €12,227 | €14,708 | ▲ 20.3% |
| Current assets29/58 | €97,718 | €206,818 | €278,028 | €145,375 | €91,429 | ▼ 37.1% |
| Amounts receivable within one year40/41 | €52,171 | €185,746 | €99,417 | €102,484 | €72,202 | ▼ 29.5% |
| Trade receivables40 | €48,204 | €176,945 | €94,694 | €52,034 | €35,040 | ▼ 32.7% |
| Other amounts receivable41 | €3,966 | €8,801 | €4,723 | €50,450 | €37,162 | ▼ 26.3% |
| Cash at bank and in hand54/58 | €44,556 | €17,919 | €170,478 | €30,598 | €14,901 | ▼ 51.3% |
| Deferred charges and accrued income490/1 | €991 | €3,153 | €8,134 | €12,294 | €4,326 | ▼ 64.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €102,454 | €237,217 | €301,801 | €163,380 | €109,348 | ▼ 33.1% |
| Equity10/15 | €56,502 | €120,279 | €193,149 | €101,994 | €72,159 | ▼ 29.3% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Reserves13 | €50,000 | €110,000 | €180,000 | €180,000 | €180,000 | = |
| Distributable reserves133 | €50,000 | €110,000 | €180,000 | €180,000 | €180,000 | = |
| Profit (loss) carried forward14 | €2,502 | €6,279 | €9,149 | -€82,006 | -€111,841 | ▼ 36.4% |
| Amounts payable17/49 | €45,952 | €116,938 | €108,652 | €61,385 | €37,189 | ▼ 39.4% |
| Amounts payable after more than one year17 | - | - | - | - | €4,326 | - |
| Financial debts170/4 | - | - | - | - | €4,326 | - |
| Amounts payable within one year42/48 | €45,952 | €116,938 | €108,652 | €61,385 | €32,863 | ▼ 46.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €2,612 | - |
| Trade debts44 | €15,477 | €44,448 | €39,974 | €20,877 | €26,426 | ▲ 26.6% |
| Suppliers440/4 | €15,477 | €44,448 | €39,974 | €20,877 | €26,426 | ▲ 26.6% |
| Taxes, remuneration and social security45 | €19,379 | €57,139 | €65,128 | €40,509 | €3,826 | ▼ 90.6% |
| Taxes450/3 | €19,161 | €49,867 | €61,878 | €37,557 | €1,826 | ▼ 95.1% |
| Remuneration and social security454/9 | €218 | €7,272 | €3,250 | €2,952 | €2,000 | ▼ 32.3% |
| Other amounts payable47/48 | €11,096 | €15,352 | €3,550 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52,502 | €63,777 | €72,870 | -€91,155 | -€29,836 | ▲ 67.3% |
| + Depreciation and write-downs630 | €254 | €2,479 | €6,626 | €6,792 | €8,085 | ▲ 19.0% |
| Operating cash flow (approximation) | €52,757 | €66,255 | €79,497 | -€84,363 | -€21,750 | ▲ 74.2% |
| Investment in fixed assets (approximation) | - | -€28,143 | €0 | -€1,023 | -€8,000 | ▼ 682% |
| Change in cash | - | -€26,637 | €152,559 | -€139,880 | -€15,697 | ▲ 88.8% |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€91,155
Net result drops to -€91,155, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2021net €72,870 ▲14.3%
Operating result €102,177, net result €72,870, both a record.
31-12
Financial
Equity above €150,000Eq €193,149 ▲60.6%
3 profitable years in a row build equity to €193,149.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100,000Eq €120,279 ▲113%
2 profitable years in a row build equity to €120,279.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Ronse · 1 establishment unit since 2021
Ground area
144 m²
Building footprint
58 m²
Volume, LiDAR
548 m³
Parcel 45423E0385/00F002, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
FIBRIUM
since 20212.317.679.594
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45423E0385/00F002 | Flanders | 143 m² | 1 · 58 m² | 13.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 22,831 companies in sector 43211 we hold annual accounts for 10,335. 8,779 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
Founded31-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Contact
E-mail
fibrium@outlook.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0768898214
Also
9925:BE0768898214
Registered
24-03-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.