Checked.be
Active
BE 0476.364.030Private limited company
FideCon
Binnenvaartstraat 83 ·2000 Antwerpen, Belgium· 24 yrs active
Sector: Engineering and related technical consultancy, excluding land surveyors
(71121)
Conclusion
FideCon has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €223k and a net result of €12k. Equity is shrinking by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 66% of 1933 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €223k |
| Net result | €12k |
| Better than sector | 66% |
| Active | 24 yrs |
Financial profile
56
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
56
Profitability
26
Solvency
65
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2001, 24 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
56
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€13k
estimate, not credit advice
Score history
56
2022
46
2023
68
2024
56
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.43 (< 1.0)
-10
Quick ratio
Quick ratio 0.43 (< 0.6)
-5
Leverage
Debt/equity 0.65 (< 1.0)
+10
Profitability
ROE 5%
+3
Interest coverage
Interest coverage 5.7× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 30-01-2026 with the NBB · fiscal year 2025 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile
Too volatile to project: the yearly deviation from the trend is ~58% of the level (threshold 35%). We therefore deliberately show no projection line.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 71, Architectural and engineering activities; technical testing and analysis · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 60.6% | 46.8% | |
| Net result | €12k | €30k | |
| Equity | €223k | €213k | |
| Gross operating margin | €61k | €124k | |
| Total assets | €369k | €610k |
€58k
-66.4%
22-25
€12k
-87.1%
22-25
€40k
-66.9%
22-25
€369k
-11.3%
22-25
€223k
+0.8%
22-25
€-82k
+20.9%
22-25
€8k
-82.4%
22-25
€49k
-
22-25
€145k
-25.2%
22-25
€145k
-25.2%
22-25
€3k
-92.5%
22-25
0.43
-6.6%
22-25
0.43
-6.6%
22-25
60.6%
+13.7%
22-25
0.65
-25.8%
22-25
5.3%
-87.2%
22-25
3.2%
-85.5%
22-25
5.69
-73.3%
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €58k | €172k | €56k | €75k |
| Net profit | €12k | €92k | €3k | €21k |
| Cash flow | €40k | €120k | €45k | €62k |
| Staff costs | - | - | - | - |
| Income taxes | €8k | €43k | €2k | €5k |
| Dividends | - | - | €49k | - |
| Total assets | €369k | €416k | €646k | €673k |
| Equity | €223k | €222k | €310k | €357k |
| Debt | €145k | €194k | €336k | €316k |
| of which ≤ 1y | €145k | €194k | €333k | €282k |
| of which > 1y | - | - | €3k | €34k |
| Working capital | €-82k | €-104k | €-258k | €-221k |
| Employees (FTE) | - | - | - | - |
Note: these years are not on the same basis. The filed schemas differ (abbreviated schema, micro schema), so the columns are not directly comparable.
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 0.43 | 0.46 | 0.23 | 0.22 |
| Quick ratio | 0.43 | 0.46 | 0.23 | 0.22 |
| Working capital ratio | -22.3% | -25.0% | -39.9% | -32.8% |
| Solvency | 60.6% | 53.3% | 48.0% | 53.0% |
| Debt / equity | 0.65 | 0.88 | 1.08 | 0.89 |
| Long-term debt ratio | - | - | 0.01 | 0.10 |
| Interest coverage | 5.69 | 21.35 | 6.44 | 9.53 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 3.2% | 22.0% | 0.4% | 3.2% |
| ROE | 5.3% | 41.3% | 0.9% | 6.0% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €369k | €416k | €646k | €673k |
| Fixed assets | 21/28 | €306k | €326k | €571k | €612k |
| Tangible fixed assets | 22/27 | €275k | €295k | €540k | €581k |
| Financial fixed assets | 28 | €31k | €31k | €31k | €31k |
| Current assets | 29/58 | €63k | €90k | €75k | €61k |
| Amounts receivable within one year | 40/41 | €31k | €56k | €36k | €34k |
| Cash & bank | 54/58 | €31k | €34k | €35k | €23k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €369k | €416k | €646k | €673k |
| Equity | 10/15 | €223k | €222k | €310k | €357k |
| Contributions / capital | 10/11 | €34k | €44k | €224k | €224k |
| Reserves | 13 | €181k | €169k | €78k | €124k |
| Accumulated profits (losses) | 14 | €9k | €9k | €9k | €9k |
| Amounts payable | 17/49 | €145k | €194k | €336k | €316k |
| Amounts payable after one year | 17 | - | - | €3k | €34k |
| Amounts payable within one year | 42/48 | €145k | €194k | €333k | €282k |
| Trade debts payable within one year | 44 | €68k | €82k | €76k | €70k |
| Income statement | |||||
| Gross operating margin | 9900 | €61k | €177k | €61k | €81k |
| Operating result | 9901 | €30k | €143k | €14k | €35k |
| Financial income | 75 | €0 | - | - | €0 |
| Financial charges | 65 | €10k | €8k | €9k | €8k |
| Result before taxes | 9903 | €19k | €135k | €5k | €27k |
| Income taxes | 67/77 | €8k | €43k | €2k | €5k |
| Net result for the period | 9904 | €12k | €92k | €3k | €21k |
| Result to be appropriated | 9905 | €12k | €92k | €3k | €21k |
Legal Structure
| NACE primary | Engineering and related technical consultancy, excluding land surveyors(71121) |
| Legal form | Private limited company(610) |
| Incorporation | 28-12-2001 |
| Status | Active |
| Postal code | 2000 |
Establishment units
Binnenvaartstraat 83, 2000 Antwerpen
since 20022.095.611.853
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0157/09B000 | Flanders | 2,293 m² | 1 · 2,312 m² | 9.8 m · 1 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Highest result since 2022net €92k ▲3138%
Operating result €143k, net result €92k, both a record.
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €3k ▼86.8%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
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.
Belgian State Gazette reading coverage
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Engineering and related technical consultancy, excluding land surveyors7112174203Pre-press and pre-media services18130Photography, excluding press photography74201Other professional, scientific and technical activities74202Other photographic activities74209Specialised image, lighting and sound technical services90393
Names & trade names
| Legal nameNL | FideCon |
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