FIDAGH
ActiveSummary
FIDAGH has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €23.6m and a net result of -€734,535. Equity is shrinking by ~40.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability16▲+12
Solvency100▲+3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500,000 at 30 days acceptable
Liquidity ample (current ratio 1.79 against 2.92 in 2023; short-term debt: 20.6% and cash: 0.8% of total assets), and 22.9% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€734,535
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 16-07-2026, 15 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
15 d early
2024
48 d early
2023
47 d early
2022
38 d early
2021
31 d early
2020
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 33 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, full schema, statutory accounts
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€734,535▲ 81.5%
2023 · -€4.0m
Working capital
€5.0m▼ 70.2%
2023 · €16.7m
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
Line20202021202220232024
Operating result-€453,395▼ 41.3%-€579,659▼ 27.8%-€5.2m▼ 794%-€866,390▲ 83.3%-€2.2m▼ 157%
Net result-€867,566▲ 70.8%-€232,484▲ 73.2%-€211.2m▼ 90,761%-€4.0m▲ 98.1%-€734,535▲ 81.5%
Equity€317.8m▼ 0.3%€317.6m▼ 0.1%€28.3m▼ 91.1%€24.4m▼ 14.0%€23.6m▼ 3.0%
Total assets€318.5m▼ 0.5%€320.0m▲ 0.5%€155.9m▼ 51.3%€33.9m▼ 78.3%€30.6m▼ 9.6%
Debt€697,839▼ 50.2%€2.4m▲ 246%€127.6m▲ 5,180%€9.5m▼ 92.5%€7.0m▼ 26.4%
Working capital€8.8m▼ 15.3%€8.1m▼ 8.7%€62.6m▲ 677%€16.7m▼ 73.3%€5.0m▼ 70.2%
Staff (FTE)0.5
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2.2m in 2024 against €866,390 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €30.6m
Fixed assets
€19.3m ▲ 128%
Current assets
€11.3m ▼ 55.6%
Equity and liabilities €30.6m
Equity
€23.6m ▼ 3.0%
Debt
€7.0m ▼ 26.4%
Debt's share of the balance-sheet total falls from 28.1% to 22.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€2.2m▼
2023 · -€865,119
Cash flow
-€734,416▲
2023 · -€4.0m
Current ratio
1.79▼
2023 · 2.92
Debt to equity
0.30▼
2023 · 0.39
ROE
-3.1%▲
2023 · -16.3%
ROA
-2.4%▲
2023 · -11.7%
Interest coverage
-189.57▼
2023 · -61.21
Debt ≤ 1 year
€6.3m▼
2023 · €8.7m
Debt > 1 year
€533,999▼
2023 · €547,211
Income taxes
€152,467▲
2023 · €74,338
Staff costs
€32,322
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €476 | - | - | €37,062 | - |
| Other operating income74 | - | €476 | - | - | €37,062 | - |
| Operating charges60/66A | - | €580,134 | €5.2m | €866,390 | €2.3m | ▲ 162% |
| Services and other goods61 | - | €230,602 | €3.0m | €875,220 | €533,959 | ▼ 39.0% |
| Remuneration, social security and pensions62 | - | - | - | - | €32,322 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €226,222 | €311,496 | €3,267 | €1,270 | €119 | ▼ 90.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €674,031 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€13,004 | -€10,160 | -€11,061 | - | - |
| Other operating charges640/8 | - | €51,040 | €180,826 | €960 | €1,001 | ▲ 4.2% |
| Non-recurring operating charges66A | - | - | €2.0m | - | €1.0m | - |
| Operating profit (loss)9901 | -€453,395 | -€579,659 | -€5.2m | -€866,390 | -€2.2m | ▼ 157% |
| Financial income75/76B | - | €422,018 | €529,957 | €1.0m | €634,881 | ▼ 37.0% |
| Recurring financial income75 | €373,243 | €422,018 | €389,305 | €1.0m | €634,881 | ▼ 37.0% |
| Income from financial fixed assets750 | - | €136,783 | €141,194 | €1,168 | €962 | ▼ 17.6% |
| Income from current assets751 | - | €240,115 | €247,925 | €696,581 | €633,914 | ▼ 9.0% |
| Other financial income752/9 | - | €45,120 | €185 | €309,685 | €5 | ▼ 100.0% |
| Non-recurring financial income76B | - | - | €140,652 | - | - | - |
| Financial charges65/66B | - | €31,988 | €206.6m | €4.0m | -€1.0m | ▼ 125% |
| Recurring financial charges65 | €786,550 | €31,988 | €218,760 | €4.0m | -€1.0m | ▼ 125% |
| Debt charges650 | €10,192 | €13,368 | €197,097 | €14,134 | €11,760 | ▼ 16.8% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | €4.0m | -€1.0m | ▼ 126% |
| Other financial charges652/9 | - | €18,620 | €21,664 | €17,960 | €5,786 | ▼ 67.8% |
| Non-recurring financial charges66B | - | - | €206.4m | - | - | - |
| Profit (loss) for the period before taxes9903 | -€866,702 | -€189,629 | -€211.2m | -€3.9m | -€582,068 | ▲ 85.1% |
| Income taxes67/77 | €864 | €42,855 | €791 | €74,338 | €152,467 | ▲ 105% |
| Taxes670/3 | - | €42,855 | €791 | €74,338 | €152,467 | ▲ 105% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €0 | - |
| Profit (loss) for the period9904 | -€867,566 | -€232,484 | -€211.2m | -€4.0m | -€734,535 | ▲ 81.5% |
| Profit (loss) for the period to be appropriated9905 | -€867,566 | -€232,484 | -€211.2m | -€4.0m | -€734,535 | ▲ 81.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €318.5m | €320.0m | €155.9m | €33.9m | €30.6m | ▼ 9.6% |
| Formation expenses20 | €869,020 | €2.0m | €0 | €0 | €0 | = |
| Fixed assets21/28 | €308.7m | €308.7m | €7.7m | €8.5m | €19.3m | ▲ 128% |
| Intangible fixed assets21 | - | €2,659 | €1,389 | €119 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €8,780 | €4,143 | - | €0 | €0 | - |
| Plant, machinery and equipment23 | - | €2,147 | - | - | - | - |
| Furniture and vehicles24 | - | €1,996 | - | €0 | €0 | - |
| Financial fixed assets28 | €308.7m | €308.7m | €7.7m | €8.5m | €19.3m | ▲ 128% |
| Affiliated companies280/1 | - | €306.9m | €7.6m | €8.4m | €19.3m | ▲ 130% |
| Participating interests280 | - | €306.9m | €7.6m | €8.4m | €19.3m | ▲ 130% |
| Companies linked by participating interests282/3 | - | - | - | €0 | €0 | - |
| Participating interests282 | - | - | - | €0 | €0 | - |
| Other financial fixed assets284/8 | - | €1.8m | €28,337 | €95,837 | €95,837 | = |
| Shares284 | - | €1.8m | €28,337 | €95,837 | €95,837 | = |
| Current assets29/58 | €8.9m | €9.3m | €148.2m | €25.4m | €11.3m | ▼ 55.6% |
| Amounts receivable after more than one year29 | - | €8.1m | €12.2m | €15.8m | €6.2m | ▼ 60.8% |
| Other amounts receivable291 | - | €8.1m | €12.2m | €15.8m | €6.2m | ▼ 60.8% |
| Amounts receivable within one year40/41 | €183,710 | €186,994 | €134.1m | €6.2m | €295,995 | ▼ 95.2% |
| Trade receivables40 | - | - | - | €0 | €58,850 | - |
| Other amounts receivable41 | - | €186,994 | €134.1m | €6.2m | €237,146 | ▼ 96.2% |
| Current investments50/53 | - | - | - | €0 | €4.3m | - |
| Other investments51/53 | - | - | - | €0 | €4.3m | - |
| Cash at bank and in hand54/58 | €58,223 | €690,088 | €1.5m | €2.9m | €258,902 | ▼ 91.2% |
| Deferred charges and accrued income490/1 | - | €277,855 | €484,991 | €411,692 | €218,308 | ▼ 47.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €318.5m | €320.0m | €155.9m | €33.9m | €30.6m | ▼ 9.6% |
| Equity10/15 | €317.8m | €317.6m | €28.3m | €24.4m | €23.6m | ▼ 3.0% |
| Contributions10/11 | €11.9m | €11.9m | €11.9m | €11.9m | €11.9m | = |
| Capital10 | - | €11.9m | €11.9m | €11.9m | €11.9m | = |
| Issued capital100 | - | €11.9m | €11.9m | €11.9m | €11.9m | = |
| Reserves13 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Non-distributable reserves130/1 | - | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Legal reserve130 | - | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Distributable reserves133 | - | €94,498 | €94,498 | €94,498 | €94,498 | = |
| Profit (loss) carried forward14 | €304.6m | €304.4m | €15.1m | €11.1m | €10.4m | ▼ 6.6% |
| Provisions and deferred taxes16 | €34,225 | €21,221 | €11,061 | €0 | - | - |
| Provisions for liabilities and charges160/5 | - | €21,221 | €11,061 | €0 | - | - |
| Other liabilities and charges164/5 | - | €21,221 | €11,061 | €0 | - | - |
| Amounts payable17/49 | €697,839 | €2.4m | €127.6m | €9.5m | €7.0m | ▼ 26.4% |
| Amounts payable after more than one year17 | €509,606 | €552,837 | €41.1m | €547,211 | €533,999 | ▼ 2.4% |
| Other amounts payable178/9 | - | €552,837 | €41.1m | €547,211 | €533,999 | ▼ 2.4% |
| Amounts payable within one year42/48 | €106,417 | €1.2m | €85.7m | €8.7m | €6.3m | ▼ 27.5% |
| Trade debts44 | €106,417 | €697,282 | €1.4m | €363,143 | €302,570 | ▼ 16.7% |
| Suppliers440/4 | - | €697,282 | €1.4m | €363,143 | €302,570 | ▼ 16.7% |
| Taxes, remuneration and social security45 | - | - | - | - | €0 | - |
| Taxes450/3 | - | - | - | - | €0 | - |
| Remuneration and social security454/9 | - | - | - | - | €0 | - |
| Other amounts payable47/48 | - | €520,000 | €84.3m | €8.3m | €6.0m | ▼ 27.9% |
| Accrued charges and deferred income492/3 | - | €645,803 | €847,641 | €292,407 | €174,090 | ▼ 40.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€867,566 | -€232,484 | -€211.2m | -€4.0m | -€734,535 | ▲ 81.5% |
| + Depreciation and write-downs630 | €226,222 | €311,496 | €3,267 | €1,270 | €119 | ▼ 90.7% |
| Operating cash flow (approximation) | -€641,344 | €79,012 | -€211.2m | -€4.0m | -€734,416 | ▲ 81.5% |
| Investment in fixed assets (approximation) | - | -€309,519 | €301.1m | -€827,503 | -€10.9m | ▼ 1,213% |
| Change in cash | - | €631,865 | €812,877 | €1.4m | -€2.7m | ▼ 287% |
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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · consolidated
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet -€211.2m
Net result drops to -€211.2m, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated
2020
31-12
Financial
Liquidity triplescurrent ratio 83.85
Current ratio from 32.17 to 83.85; short-term debt falls from €333,952 to €106,417.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 18 acts read
About the unread acts
We know of 18 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
18 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, Charleroi · 1 establishment unit since 1987
Ground area
2.2 ha
Building footprint
4,626 m²
Volume, LiDAR
28,752 m³
2 parcels, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
37
companies at this address
See who is registered here
1 establishment unit
Rue du Colombier 9, 6041 Charleroi
since 19872.033.335.081
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52028D0137/00B002 | Wallonia | 1.4 ha | 1 · 2,777 m² | 5.5 m · 1 fl. |
| 52028B0299/04G000 | Wallonia | 7,777 m² | 1 · 1,849 m² | 10.7 m · 3 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.
Structure & network
Heads the group
FIDAGH
9 companies
Group, risk and exposure
Owners and holdings
3 owners · 6 holdings · 9 subsidiaries in the treeOwners 3
- Sourceaccounts CMHC 202533.33%
- Sourceaccounts EMHC 202533.33%
- Sourceaccounts JMHC 202533.33%
Holdings 6
-
100%
-
100%
-
100%
-
100%
-
85%
- EQUILIS BELGIUMsubsidiarySourceLEI registerconsolidated
All subsidiaries, including indirect ones 9
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- BLL FOOD 100%
- Canada inc -FicaCA 100%
- NIVSTORE 100%
- Ville2 PLUS 100%
BRICOLAGH 85%3 subsidiaries
- BRICOBRAIN 100%
- BRICOTAM 100%
- GILLAGH 100%
- EQUILIS BELGIUM consolidated
According to the 2024 annual accounts of FIDAGH and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
9676006P038B0JYLI540
Identification & contact
Identification
Legal formPublic limited company
Founded23-12-1986
Fiscal year end31-12
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?
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.