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FIDACK

Active
Private limited companyfounded 200521 yrs activePotteel 44, 1730 Asse, BelgiumKBO/BCE: BE 0871.756.618
Summary

FIDACK has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €749,608 and a net result of -€71,283. Equity remains stable across the filed fiscal years (±1.8% per year). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability18▲+2
Solvency83▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity short (current ratio 0.31 against 0.46 in 2024; short-term debt: 7% and cash: 1.9% of total assets), and 42.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
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 2025
Solvency, return and age of the figures
Solvency
57.5%
Return on assets
-5.5%
Age of the figures
18 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 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€71,283
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
3 d early
2023
5 d early
2022
27 d early
2021
3 d early
2020
27 d late
2019
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 2 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 28 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
neutral · 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

History

FIDACK was incorporated on 8 February 2005.1 Total assets went from EUR 1.2 million in 2019 to EUR 1.3 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€749,608▼ 8.7%
2024 · €820,891
Total assets
€1.3m▼ 5.4%
2024 · €1.4m
Net result
-€71,283▲ 9.0%
2024 · -€78,330
Working capital
-€62,861▼ 26.3%
2024 · -€49,754
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€297,108€127,455▼ 57.1%-€32,934-€47,501▼ 44.2%-€40,849▲ 14.0%
Net result€187,182€98,455▼ 47.4%-€61,131-€78,330▼ 28.1%-€71,283▲ 9.0%
Equity€861,896▲ 27.7%€960,352▲ 11.4%€899,221▼ 6.4%€820,891▼ 8.7%€749,608▼ 8.7%
Total assets€1.4m▼ 0.7%€1.5m▲ 13.3%€1.4m▼ 6.0%€1.4m▼ 4.8%€1.3m▼ 5.4%
Debt€94,709▼ 74.5%€177,821▲ 87.8%€147,854▼ 16.9%€158,686▲ 7.3%€156,866▼ 1.1%
Working capital€204,698-€8,994-€24,200▼ 169%-€49,754▼ 106%-€62,861▼ 26.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000Operating result 2021: €297,108€297,108Net result 2021: €187,182€187,182Operating result 2022: €127,455€127,455Net result 2022: €98,455€98,455Operating result 2023: -€32,934-€32,934Net result 2023: -€61,131-€61,131Operating result 2024: -€47,501-€47,501Net result 2024: -€78,330-€78,330Operating result 2025: -€40,849-€40,849Net result 2025: -€71,283-€71,28320212022202320242025-€80,000-€60,000-€40,000-€20,000€0Operating result 2023: -€32,934-€32,900Net result 2023: -€61,131-€61,100Operating result 2024: -€47,501-€47,500Net result 2024: -€78,330-€78,300Operating result 2025: -€40,849-€40,800Net result 2025: -€71,283-€71,300202320242025
The operating result stays negative: a loss of €40,849 in 2025 against €47,501 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets €1.3m ▼ 4.5%
Current assets €28,782 ▼ 32.5%
Equity and liabilities €1.3m
Equity €749,608 ▼ 8.7%
Provisions €396,414 ▼ 0.4%
Debt €156,866 ▼ 1.1%
Debt's share of the balance-sheet total rises from 11.5% to 12.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€23,141▲
2024 · €16,214
Cash flow
-€7,294▲
2024 · -€14,615
Current ratio
0.31▼
2024 · 0.46
Debt to equity
0.21▲
2024 · 0.19
ROE
-9.5%▲
2024 · -9.5%
ROA
-5.5%▲
2024 · -5.7%
Interest coverage
0.68▲
2024 · 0.50
Debt ≤ 1 year
€91,644▼
2024 · €92,417
Debt > 1 year
€65,222▼
2024 · €66,270
Income taxes
€224▼
2024 · €3,513
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 8,616 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.4m€1.3m▼
Fixed assets21/28€1.3m€1.3m▼
Tangible fixed assets22/27€1.3m€1.3m▼
Land and buildings22€1.0m€1.0m▼
Leasing and similar rights25€189,796€165,362▼
Other tangible fixed assets26€99,994€89,320▼
Current assets29/58€42,662€28,782▼
Amounts receivable within one year40/41€179€0▼
Other amounts receivable41€179€0▼
Current investments50/53€0-
Cash at bank and in hand54/58€38,747€25,068▼
Deferred charges and accrued income490/1€3,736€3,714▼
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.3m▼
Equity10/15€820,891€749,608▼
Contributions10/11€754,400€754,400=
Reserves13€202,400€191,376▼
Tax-exempt reserves132€202,400€191,376▼
Profit (loss) carried forward14-€135,909-€196,168▼
Provisions and deferred taxes16€397,894€396,414▼
Provisions for liabilities and charges160/5€330,427€332,622▲
Other liabilities and charges164/5€330,427€332,622▲
Deferred taxes168€67,467€63,792▼
Amounts payable17/49€158,686€156,866▼
Amounts payable after more than one year17€66,270€65,222▼
Financial debts170/4€66,270€65,222▼
Amounts payable within one year42/48€92,417€91,644▼
Current portion of amounts payable after more than one year42€950€1,047▲
Trade debts44€1,951€477▼
Suppliers440/4€1,951€477▼
Taxes, remuneration and social security45€3,600€3,824▲
Taxes450/3€3,600€3,824▲
Other amounts payable47/48€85,916€86,296▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63,715€63,990▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€1,895€2,195▲
Other operating charges640/8€10,312€10,507▲
Gross operating margin9900€28,421€35,843▲
Operating profit (loss)9901-€47,501-€40,849▲
Financial income75/76B€1,281€0▼
Recurring financial income75€1,281€0▼
Financial charges65/66B€32,272€33,885▲
Recurring financial charges65€32,272€33,885▲
Profit (loss) for the period before taxes9903-€78,492-€74,734▲
Transfer from deferred taxes780€3,675€3,675=
Income taxes67/77€3,513€224▼
Profit (loss) for the period9904-€78,330-€71,283▲
Transfer from tax-exempt reserves789€11,024€11,024=
Profit (loss) for the period to be appropriated9905-€67,305-€60,259▲
Appropriation of the result
Profit (loss) to be appropriated9906-€135,909-€196,168▼
Profit (loss) brought forward from the previous period14P-€68,604-€135,909▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€196,572€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53,128€76,700€63,023€63,715€63,990▲ 0.4%
Provisions for liabilities and charges: additions (uses and reversals)635/8-€1,951€2,319€1,895€2,195▲ 15.8%
Other operating charges640/8-€7,407€7,264€10,312€10,507▲ 1.9%
Gross operating margin9900€370,976€213,514€39,672€28,421€35,843▲ 26.1%
Operating profit (loss)9901€297,108€127,455-€32,934-€47,501-€40,849▲ 14.0%
Financial income75/76B-€1,281€1,281€1,281€0▼ 100%
Recurring financial income75€1,609€1,281€1,281€1,281€0▼ 100%
Financial charges65/66B-€32,993€33,092€32,272€33,885▲ 5.0%
Recurring financial charges65€33,675€32,993€33,092€32,272€33,885▲ 5.0%
Profit (loss) for the period before taxes9903€265,041€95,744-€64,745-€78,492-€74,734▲ 4.8%
Transfer from deferred taxes780-€2,948€3,675€3,675€3,675=
Transfer to deferred taxes680-€0----
Income taxes67/77€94€237€61€3,513€224▼ 93.6%
Profit (loss) for the period9904€187,182€98,455-€61,131-€78,330-€71,283▲ 9.0%
Transfer from tax-exempt reserves789-€8,845€11,024€11,024€11,024=
Transfer to tax-exempt reserves689-€0----
Profit (loss) for the period to be appropriated9905-€46,112€107,300-€50,106-€67,305-€60,259▲ 10.5%
Line20212022202320242025Change
Assets
Total assets20/58€1.4m€1.5m€1.4m€1.4m€1.3m▼ 5.4%
Fixed assets21/28€1.2m€1.4m€1.4m€1.3m€1.3m▼ 4.5%
Tangible fixed assets22/27€1.2m€1.4m€1.4m€1.3m€1.3m▼ 4.5%
Land and buildings22-€1.1m€1.1m€1.0m€1.0m▼ 2.4%
Leasing and similar rights25-€238,665€214,230€189,796€165,362▼ 12.9%
Other tangible fixed assets26-€112,826€102,288€99,994€89,320▼ 10.7%
Current assets29/58€208,507€100,717€56,449€42,662€28,782▼ 32.5%
Amounts receivable within one year40/41€31,309€148€187€179€0▼ 100%
Trade receivables40-€0----
Other amounts receivable41-€148€187€179€0▼ 100%
Current investments50/53€25,925€25,925€25,000€0--
Cash at bank and in hand54/58€151,272€74,644€29,099€38,747€25,068▼ 35.3%
Deferred charges and accrued income490/1--€2,163€3,736€3,714▼ 0.6%
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.5m€1.4m€1.4m€1.3m▼ 5.4%
Equity10/15€861,896€960,352€899,221€820,891€749,608▼ 8.7%
Contributions10/11-€754,400€754,400€754,400€754,400=
Reserves13€233,294€224,449€213,425€202,400€191,376▼ 5.4%
Tax-exempt reserves132-€224,449€213,425€202,400€191,376▼ 5.4%
Profit (loss) carried forward14-€125,798-€18,498-€68,604-€135,909-€196,168▼ 44.3%
Provisions and deferred taxes16€402,027€401,030€399,674€397,894€396,414▼ 0.4%
Provisions for liabilities and charges160/5-€326,214€328,532€330,427€332,622▲ 0.7%
Environmental obligations163-€326,214----
Other liabilities and charges164/5--€328,532€330,427€332,622▲ 0.7%
Deferred taxes168-€74,816€71,142€67,467€63,792▼ 5.4%
Amounts payable17/49€94,709€177,821€147,854€158,686€156,866▼ 1.1%
Amounts payable after more than one year17€90,900€68,111€67,205€66,270€65,222▼ 1.6%
Financial debts170/4-€68,111€67,205€66,270€65,222▼ 1.6%
Amounts payable within one year42/48€3,809€109,711€80,649€92,417€91,644▼ 0.8%
Current portion of amounts payable after more than one year42-€875€919€950€1,047▲ 10.2%
Trade debts44€0€552€2,286€1,951€477▼ 75.6%
Suppliers440/4-€552€2,286€1,951€477▼ 75.6%
Taxes, remuneration and social security45-€6,000€3,600€3,600€3,824▲ 6.2%
Taxes450/3-€6,000€3,600€3,600€3,824▲ 6.2%
Other amounts payable47/48-€102,283€73,844€85,916€86,296▲ 0.4%
Line20212022202320242025Change
Profit (loss) for the period9904€187,182€98,455-€61,131-€78,330-€71,283▲ 9.0%
+ Depreciation and write-downs630€53,128€76,700€63,023€63,715€63,990▲ 0.4%
Operating cash flow (approximation)€240,310€175,155€1,892-€14,615-€7,294▲ 50.1%
Investment in fixed assets (approximation)--€365,061-€14,837-€8,224-€3,286▲ 60.0%
Change in cash--€76,628-€45,545€9,649-€13,679▼ 242%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
30-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
28-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Weakest financial yearnet -€78,330
Net result drops to -€78,330, the lowest in the series; recovery starts the following year.
2023
26-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
04-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
28-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial Back to profitnet €187,182
Net result €187,182 after one loss-making year.
31-03
Financial Liquidity times 179current ratio 54.74
Current ratio from 0.31 to 54.74; short-term debt falls from €258,037 to €3,809.
2020
27-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2019
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
27-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
27-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Asse
exact location from the address register On OpenStreetMap
Ground area
737 m²
Building footprint
179 m²
Volume, LiDAR
928 m³
Parcel 23322E0054/00L000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23322E0054/00L000 Flanders 737 m² 1 · 179 m² 7.2 m · 2 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded08-02-2005
Fiscal year end31-03
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.