FIDE

Active

Private limited companyfounded 200817 yrs activeMoldergem(SDB) 40, 9630 Zwalm, BelgiumKBO/BCE: BE 0807.334.760

FIDE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178k and a net result of €-11k. Equity is shrinking by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 58% of 4422 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

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Checked score

Score 2025

54 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability21▼-61

Solvency73▼-10

Growth32▼-20

Track record100

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €9k at 30 days acceptable

Liquidity ample (current ratio 1.63 against 2.27 in 2024; short-term debt: 50.8% and cash: 22.3% of total assets), but 52.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 81

Relative position

BE, all sectors

reference

Sector 81

higher

← fewer bankruptcies more bankruptcies →

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

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-06-2026, 54 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

54 d early

2024

28 d late

2023

49 d early

2022

31 d early

← before the deadline after the deadline →

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 months

Position in the running window

16-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€178k▼ 22.2%

2024 · €230k

2023: €225k 2024: €230k

2023 → 2025

Total assets

€372k▼ 5.6%

2024 · €395k

2023: €356k 2024: €395k

2023 → 2025

Net result

€-11k

2024 · €41k

2023: €45k 2024: €41k

2023 → 2025

Working capital

€120k▼ 42.3%

2024 · €208k

2023: €197k 2024: €208k

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€225k-€230k▲ 1.9%€178k▼ 22.2%

Operating result€66k-€55k▼ 17.7%€-8k

Net result€45k-€41k▼ 8.8%€-11k

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €8k after €55k in 2024, the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €372k

17.0%

83.0%

Fixed assets €63k▲ 173%

Current assets €309k▼ 16.8%

Equity and liabilities €372k

47.9%

52.1%

Equity €178k▼ 22.2%

Debt €194k▲ 17.4%

The debt ratio rises from 41.8% to 52.1%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€4k▼

2024 · €60k

Cash flow

€468▼

2024 · €47k

Solvency

47.9%▼

2024 · 58.2%

Current ratio

1.63▼

2024 · 2.27

Quick ratio

1.63▼

2024 · 2.27

Debt / equity

1.09▲

2024 · 0.72

ROE

-6.1%▼

2024 · 17.9%

ROA

-2.9%▼

2024 · 10.4%

Interest coverage

0.72▼

2024 · 27.07

Debt

€194k▲

2024 · €165k

Debt ≤ 1 year

€189k▲

2024 · €163k

Income taxes

€245▼

2024 · €18k

Staff costs

€504k▼

2024 · €549k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€395k€372k▼

Fixed assets21/28€23k€63k▲

Tangible fixed assets22/27€21k€61k▲

Land and buildings22€14k€12k▼

Plant, machinery and equipment23€3k€6k▲

Furniture and vehicles24€5k€44k▲

Financial fixed assets28€2k€2k=

Current assets29/58€372k€309k▼

Amounts receivable within one year40/41€165k€126k▼

Trade receivables40€161k€104k▼

Other amounts receivable41€4k€22k▲

Current investments50/53€170k€100k▼

Cash at bank and in hand54/58€27k€83k▲

Deferred charges and accrued income490/1€10k€0▼

Equity and liabilities

Total equity and liabilities10/49€395k€372k▼

Equity10/15€230k€178k▼

Contributions10/11€2k€2k=

Reserves13€228k€187k▼

Distributable reserves133€228k€187k▼

Profit (loss) carried forward14€0€-11k▼

Amounts payable17/49€165k€194k▲

Amounts payable within one year42/48€163k€189k▲

Financial debts43€0-

Credit institutions430/8€0-

Trade debts44€15k€17k▲

Suppliers440/4€15k€17k▲

Taxes, remuneration and social security45€77k€61k▼

Taxes450/3€15k€8k▼

Remuneration and social security454/9€61k€53k▼

Other amounts payable47/48€72k€111k▲

Accrued charges and deferred income492/3€2k€5k▲

Income statement Code20242025

Non-recurring operating income76A€0-

Remuneration, social security and pensions62€549k€504k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€11k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€839€0▼

Other operating charges640/8€4k€1k▼

Non-recurring operating charges66A€0-

Gross operating margin9900€614k€509k▼

Operating profit (loss)9901€55k€-8k▼

Financial income75/76B€6k€2k▼

Recurring financial income75€6k€2k▼

Financial charges65/66B€2k€5k▲

Recurring financial charges65€2k€5k▲

Profit (loss) for the period before taxes9903€59k€-11k▼

Income taxes67/77€18k€245▼

Profit (loss) for the period9904€41k€-11k▼

Profit (loss) for the period to be appropriated9905€41k€-11k▼

Appropriation of the result

Profit (loss) to be appropriated9906€41k€-11k▼

Transfer from equity791/2€37k€40k▲

Transfer to equity691/2€41k€0▼

To other reserves6921€41k€0▼

Profit to be distributed694/7€37k€40k▲

Return on contributions (dividend)694€37k€40k▲

Social balance

Average headcount (FTE)908712.2-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

07-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €-11k ▼126%

Net result drops to €-11k, the lowest in the series.

28-08

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 28 days late

2024

12-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

30-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

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, Zwalm · 1 establishment unit since 2008

establishment The establishment unit on the map

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.

Moldergem(SDB) 409630 Zwalm

Ground area

1,039 m²

Building footprint

204 m²

Volume, LiDAR

1,213 m³

Parcel 45046A0177/00F000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Fide

Moldergem(SDB) 40, 9630 ZwalmSpecialised construction activities

since 20082.174.932.119

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
45046A0177/00F000	Flanders	1,039 m²	1 · 204 m²	9.2 m · 2 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

Of 7,010 companies in sector 81220 we hold annual accounts for 2,414. 1,889 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded23-10-2008

Fiscal year end31-12

Activities, NACEBEL

81210General cleaning of buildings

81220Other building cleaning and industrial cleaning

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.