Fidebat
ActiveFidebat has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €237k and a net result of €-143k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 70% of 4829 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-15
Solvency93▼-6
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.8 against 2.32 in 2023), and 43.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2024Solvency, return and age of the figures
Solvency
56.5%
Return on assets
-34.2%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-05-2025, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
86 d early
2023
40 d early
2022
79 d early
2021
31 d late
2020
26 d late
2019
3 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-143k
2023 · €11k
2018: €-48k
2019: €58k
2020: €44k
2021: €5k
2022: €11k
2023: €11k
2018 → 2024
Working capital
€119k▼ 49.3%
2023 · €235k
2018: €136k
2019: €191k
2020: €146k
2021: €164k
2022: €218k
2023: €235k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€250k-€226k▼ 9.5%€369k▲ 63.2%€380k▲ 3.0%€237k▼ 37.7%
Operating result€60k-€15k▼ 74.6%€33k▲ 118%€30k▼ 9.5%€-136k
Net result€44k-€5k▼ 88.7%€11k▲ 120%€11k▲ 1.7%€-143k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €136k after €30k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €419k
Fixed assets
€151k▼ 25.5%
Current assets
€268k▼ 35.0%
Equity and liabilities €419k
Equity
€237k▼ 37.7%
Debt
€182k▼ 22.4%
The debt ratio rises from 38.2% to 43.5%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-83k▼
2023 · €78k
Cash flow
€-91k▼
2023 · €59k
Solvency
56.5%▼
2023 · 61.8%
Current ratio
1.80▼
2023 · 2.32
Quick ratio
1.21▼
2023 · 1.78
Debt / equity
0.77▲
2023 · 0.62
ROE
-60.6%▼
2023 · 2.9%
ROA
-34.2%▼
2023 · 1.8%
Interest coverage
-11.66▼
2023 · 12.29
Debt
€182k▼
2023 · €235k
Debt ≤ 1 year
€149k▼
2023 · €178k
Debt > 1 year
€33k▼
2023 · €57k
Income taxes
€637▼
2023 · €13k
Staff costs
€792k▲
2023 · €743k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€615k€419k▼
Fixed assets21/28€203k€151k▼
Tangible fixed assets22/27€199k€147k▼
Plant, machinery and equipment23€66k€48k▼
Furniture and vehicles24€133k€100k▼
Financial fixed assets28€4k€4k=
Current assets29/58€412k€268k▼
Stocks and contracts in progress3€97k€88k▼
Stocks30/36€19k€26k▲
Contracts in progress37€78k€63k▼
Amounts receivable within one year40/41€176k€169k▼
Trade receivables40€157k€135k▼
Other amounts receivable41€19k€33k▲
Cash at bank and in hand54/58€129k€1k▼
Deferred charges and accrued income490/1€10k€10k▼
Equity and liabilities
Total equity and liabilities10/49€615k€419k▼
Equity10/15€380k€237k▼
Contributions10/11€106k€106k=
Capital10€106k€106k=
Issued capital100€106k€106k=
Revaluation surpluses12€93k€74k▼
Reserves13€181k€123k▼
Non-distributable reserves130/1€11k€11k=
Legal reserve130€11k€11k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€152k€94k▼
Profit (loss) carried forward14€234€-66k▼
Amounts payable17/49€235k€182k▼
Amounts payable after more than one year17€57k€33k▼
Financial debts170/4€57k€33k▼
Amounts payable within one year42/48€178k€149k▼
Current portion of amounts payable after more than one year42€23k€24k▲
Financial debts43€1k€1k=
Credit institutions430/8€1k€1k=
Trade debts44€89k€57k▼
Suppliers440/4€89k€57k▼
Taxes, remuneration and social security45€18k€49k▲
Taxes450/3€5k€19k▲
Remuneration and social security454/9€13k€30k▲
Other amounts payable47/48€46k€18k▼
Income statement
Code20232024
Remuneration, social security and pensions62€743k€792k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€53k▲
Other operating charges640/8€4k€4k▼
Non-recurring operating charges66A€4k-
Gross operating margin9900€829k€713k▼
Operating profit (loss)9901€30k€-136k▼
Financial income75/76B€488€137▼
Recurring financial income75€488€137▼
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€24k€-143k▼
Income taxes67/77€13k€637▼
Profit (loss) for the period9904€11k€-143k▼
Profit (loss) for the period to be appropriated9905€11k€-143k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€-143k▼
Profit (loss) brought forward from the previous period14P€98€234▲
Transfer from equity791/2-€77k
Transfer to equity691/2€11k-
To other reserves6921€11k-
Social balance
Average headcount (FTE)908720.519.5▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-143k ▼1388%
Net result drops to €-143k, the lowest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
13-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 3 days late
2019
31-12
Financial
Back to profitnet €58k
Net result €58k after one loss-making year.
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 8 days late
2018
23-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Courcelles · 1 establishment unit since 1983
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.
Rue Joseph Vanderick(CO) 1796180 CourcellesGround area
131 m²
Building footprint
140 m²
Parcel 52015C1227/00R004, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Joseph Vanderick(CO) 179, 6180 Courcelles
since 19832.021.717.550
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52015C1227/00R004 | Wallonia | 131 m² | 1 · 140 m² | - |
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.
Recognitions · licences · registrations
Recognised contractor
8 categoriesFidebat SA22388
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 11,546 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-09-1978
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
45211
70111
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.