FIDECO

Inactive

Private limited company (pre-2019)founded 1985Rue de Botrange,Sourbrodt 77, 4950 Waimes, BelgiumKBO/BCE: BE 0426.801.087

Inactive since 18-07-2026; last annual accounts for fiscal year 2025.

Risk analysis Watch Report Compare

FIDECOInactive

Risk analysis Report Compare

Signals

1 signal. The signal on the left, the evidence on the right.

○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 17-07-2026, 14 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

14 d early

2024

3 d early

2023

36 d early

2022

30 d late

2021

20 d early

2020

61 d late

2019

31 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 7 days after 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 (1)

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

On 11 January 1985, FIDECO was incorporated.¹ Total assets went from EUR 98,205 in 2018 to EUR 282,695 in 2025 and headcount from 1.6 full-time equivalents in 2018 to 1.8 in 2021.²

Financials · fiscal year 2025, abbreviated schema

Turnover

€1,441▼ 87.7%

2024 · €11,705

EBIT margin

9926.6%▲ 10046.3pp

2024 · -119.7%

Net result

€99,870

2024 · -€14,975

Working capital

€272,625▲ 57.8%

2024 · €172,755

Trend over the years

Chart Table

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

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Turnover€11,705€1,441▼ 87.7%

Operating result€72,681▲ 91.2%€50,521▼ 30.5%€104,212▲ 106%-€14,007€143,013

Net result€43,941▲ 95.9%€30,231▼ 31.2%€69,411▲ 130%-€14,975€99,870

EBIT margin-119.7%9926.6%▲ 10046.3pp

Equity€88,089▲ 99.5%€118,320▲ 34.3%€187,730▲ 58.7%€172,755▼ 8.0%€272,625▲ 57.8%

Total assets€124,926▲ 6.4%€141,512▲ 13.3%€205,790▲ 45.4%€173,569▼ 15.7%€282,695▲ 62.9%

Debt€36,836▼ 49.7%€23,192▼ 37.0%€18,059▼ 22.1%€813▼ 95.5%€10,070▲ 1,138%

Working capital€82,693▲ 148%€118,320▲ 43.1%€187,730▲ 58.7%€172,755▼ 8.0%€272,625▲ 57.8%

Staff (FTE)1.8▲ 12.5%

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 returns to profit in 2025: €143,013 after a loss of €14,007 in 2024, the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Equity and liabilities €282,695

96.4%

Equity €272,625 ▲ 57.8%

Debt €10,070 ▲ 1,138%

Debt's share of the balance-sheet total rises from 0.5% to 3.6%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

Current ratio

28.07

Debt to equity

0.04▲

2024 · 0.00

ROE

36.6%▲

2024 · -8.7%

ROA

35.3%▲

2024 · -8.6%

Debt ≤ 1 year

€10,070▲

2024 · €813

Income taxes

€42,524▲

2024 · €236

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines

Balance sheet Code20242025

Assets

Total assets20/58€173,569€282,695▲

Current assets29/58€173,569€282,695▲

Amounts receivable within one year40/41€3,635€10,818▲

Trade receivables40€2,940€10,818▲

Other amounts receivable41€695-

Current investments50/53€57€56▼

Cash at bank and in hand54/58€169,877€271,821▲

Equity and liabilities

Total equity and liabilities10/49€173,569€282,695▲

Equity10/15€172,755€272,625▲

Contributions10/11€18,592€18,592=

Capital10€18,592€18,592=

Issued capital100€18,592€18,592=

Reserves13€167,839€254,029▲

Non-distributable reserves130/1€1,859€1,859=

Legal reserve130€1,859€1,859=

Distributable reserves133€165,980€252,170▲

Profit (loss) carried forward14-€13,676€4▲

Amounts payable17/49€813€10,070▲

Amounts payable within one year42/48€813€10,070▲

Trade debts44€191€663▲

Suppliers440/4€191€663▲

Taxes, remuneration and social security45€236€9,407▲

Taxes450/3€236€9,407▲

Other amounts payable47/48€386-

Income statement Code20242025

Turnover70€11,705€1,441▼

Non-recurring operating income76A-€155,000

Goods, raw materials, services and sundry goods60/61€25,734€20,550▼

Other operating charges640/8€2,047€2,742▲

Non-recurring operating charges66A€100€100=

Gross operating margin9900-€11,860€145,855▲

Operating profit (loss)9901-€14,007€143,013▲

Financial income75/76B€0-

Recurring financial income75€0-

Financial charges65/66B€732€619▼

Recurring financial charges65€732€619▼

Profit (loss) for the period before taxes9903-€14,739€142,394▲

Income taxes67/77€236€42,524▲

Profit (loss) for the period9904-€14,975€99,870▲

Profit (loss) for the period to be appropriated9905-€14,975€99,870▲

Appropriation of the result

Profit (loss) to be appropriated9906-€13,676€86,194▲

Profit (loss) brought forward from the previous period14P€1,299-€13,676▼

Transfer to equity691/2-€86,190

To other reserves6921-€86,190

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

Line	2021	2022	2023	2024	2025	Change
Turnover70	-	-	-	€11,705	€1,441	▼ 87.7%
Non-recurring operating income76A	-	€2,473	-	-	€155,000	-
Goods, raw materials, services and sundry goods60/61	-	-	-	€25,734	€20,550	▼ 20.1%
Remuneration, social security and pensions62	€33,833	€549	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€5,396	€5,396	-	-	-	-
Other operating charges640/8	€2,749	€2,162	€1,976	€2,047	€2,742	▲ 34.0%
Non-recurring operating charges66A	-	€4,850	€363	€100	€100	=
Gross operating margin9900	€114,660	€63,478	€106,551	-€11,860	€145,855	▲ 1,330%
Operating profit (loss)9901	€72,681	€50,521	€104,212	-€14,007	€143,013	▲ 1,121%
Financial income75/76B	€3	-	-	€0	-	-
Recurring financial income75	€3	-	-	€0	-	-
Financial charges65/66B	€691	€560	€683	€732	€619	▼ 15.5%
Recurring financial charges65	€691	€560	€683	€732	€619	▼ 15.5%
Profit (loss) for the period before taxes9903	€71,993	€49,961	€103,529	-€14,739	€142,394	▲ 1,066%
Income taxes67/77	€28,052	€19,730	€34,119	€236	€42,524	▲ 17,886%
Profit (loss) for the period9904	€43,941	€30,231	€69,411	-€14,975	€99,870	▲ 767%
Profit (loss) for the period to be appropriated9905	€43,941	€30,231	€69,411	-€14,975	€99,870	▲ 767%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€124,926	€141,512	€205,790	€173,569	€282,695	▲ 62.9%
Fixed assets21/28	€5,396	-	-	-	-	-
Tangible fixed assets22/27	€5,396	-	-	-	-	-
Furniture and vehicles24	€5,396	-	-	-	-	-
Current assets29/58	€119,529	€141,512	€205,790	€173,569	€282,695	▲ 62.9%
Amounts receivable within one year40/41	€22,205	€28,651	€4,240	€3,635	€10,818	▲ 198%
Trade receivables40	€10,267	€28,651	€3,993	€2,940	€10,818	▲ 268%
Other amounts receivable41	€11,939	-	€247	€695	-	-
Current investments50/53	€58	€57	€57	€57	€56	▼ 0.7%
Cash at bank and in hand54/58	€96,068	€112,217	€200,475	€169,877	€271,821	▲ 60.0%
Deferred charges and accrued income490/1	€1,198	€586	€1,018	-	-	-
Equity and liabilities
Total equity and liabilities10/49	€124,926	€141,512	€205,790	€173,569	€282,695	▲ 62.9%
Equity10/15	€88,089	€118,320	€187,730	€172,755	€272,625	▲ 57.8%
Contributions10/11	€18,592	€18,592	€18,592	€18,592	€18,592	=
Capital10	€18,592	€18,592	€18,592	€18,592	€18,592	=
Issued capital100	€18,592	€18,592	€18,592	€18,592	€18,592	=
Reserves13	€68,209	€98,429	€167,839	€167,839	€254,029	▲ 51.4%
Non-distributable reserves130/1	€1,859	€1,859	€1,859	€1,859	€1,859	=
Legal reserve130	€1,859	€1,859	€1,859	€1,859	€1,859	=
Distributable reserves133	€66,350	€96,570	€165,980	€165,980	€252,170	▲ 51.9%
Profit (loss) carried forward14	€1,288	€1,298	€1,299	-€13,676	€4	▲ 100%
Amounts payable17/49	€36,836	€23,192	€18,059	€813	€10,070	▲ 1,138%
Amounts payable within one year42/48	€36,836	€23,192	€18,059	€813	€10,070	▲ 1,138%
Trade debts44	€17,081	€142	€1,410	€191	€663	▲ 246%
Suppliers440/4	€17,081	€142	€1,410	€191	€663	▲ 246%
Taxes, remuneration and social security45	€19,755	€22,812	€16,591	€236	€9,407	▲ 3,879%
Taxes450/3	€19,755	€22,812	€16,591	€236	€9,407	▲ 3,879%
Other amounts payable47/48	-	€238	€59	€386	-	-

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€43,941	€30,231	€69,411	-€14,975	€99,870	▲ 767%
+ Depreciation and write-downs630	€5,396	€5,396	-	-	-	-
Operating cash flow (approximation)	€49,337	€35,627	€69,411	-€14,975	€99,870	▲ 767%
Change in cash	-	€16,148	€88,258	-€30,598	€101,944	▲ 433%

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

Download as CSV

Timeline · acts, filings and financial milestones

All 17Financial 7Filings 10

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

2026

17-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Back to profitnet €99,870

Net result €99,870 after one loss-making year.

31-12

Financial Equity above €200,000Eq €272,625 ▲57.8%

Equity rises from €172,755 to €272,625.

28-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet -€14,975

Net result drops to -€14,975, the lowest in the series.

31-12

Financial Liquidity times 19current ratio 213.37

Current ratio from 11.40 to 213.37; short-term debt falls from €18,059 to €813.

25-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Equity above €150,000Eq €187,730 ▲58.7%

6 profitable years in a row build equity to €187,730.

30-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 30 days late

2022

31-12

Financial Equity above €100,000Eq €118,320 ▲34.3%

5 profitable years in a row build equity to €118,320.

11-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Liquidity doublescurrent ratio 3.24

Current ratio from 1.46 to 3.24; short-term debt falls from €73,266 to €36,836.

Show earlier events

30-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 61 days late

2020

31-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 31 days late

2019

13-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

03-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

31-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 31 days late

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, Waimes

exact location from the address register On OpenStreetMap

Ground area

6,652 m²

Building footprint

286 m²

Volume, LiDAR

2,276 m³

Parcel 63552C0047/00D000, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
63552C0047/00D000	Wallonia	6,652 m²	1 · 286 m²	9.9 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.

Identification & contact

Identification

Legal formPrivate limited company (pre-2019)

Founded11-01-1985

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.

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