Fides
ActiveFrom the official registers: KBO 20 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Fides has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.4m and a net result of €273,040. Equity has been stable since 2018 (±2.5% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 14-10-1993 Normal situation
- Legal form
- Non-profit association
- Registered office
- Rue Bruyère de Jurbise(MJ) 44, 7020 Mons
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- Glorieux RudyChair
- Accaputo CarinaDirector
- Glorieux CharlotteDirector
- Marcel COLARTDirector
- ScauflaireDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €16,328
- ▼ 3.9%
- Turnover
- ≈ €110,000
- estimated
- Surplus
- €273,040
- ▼ 84.6%
- Equity
- €10.4m
- ▲ 4.6%
- Total assets
- €10.4m
- ▲ 4.6%
Score breakdownraises riskNo registered site in the KBOlowers riskLegal form: non-profit associationSize: total assets €10.4mEquity €10.4m (100.0% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, medium-sized). It does better than 74% of them on solvency, 87% on liquidity, 16% on profitability and 68% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 14 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials · financial year 2025, full format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 14-07-2026
- Format
- full format
- Reference
- 2026-00293298
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €64,843, larger than the loss of €61,827 in 2024. It is the lowest result since 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Companies with the same profile, two years later
Historical observationIn July 2024, 1,887 companies had the same profile as Fides has now. Two years later, 0.1% had gone bankrupt and 97.9% were still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of Fides itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,887 companies, not a prediction for Fides. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0.01m | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | €0.02m | ▲ 9.9% |
| Other operating charges640/8 | - | - | - | €0.04m | €0.04m | €0.02m | €0.06m | €0.07m | ▲ 1.4% |
| Gross operating margin9900 | €0.02m | €0.01m | €0.01m | €0.01m | €0.09m | €0.09m | €0.02m | €0.02m | ▼ 3.9% |
| Operating profit (loss)9901 | -€0.005m | -€0.2m | -€0.07m | -€0.05m | €0.04m | €0.06m | -€0.06m | -€0.06m | ▼ 4.9% |
| Financial income75/76B | - | - | - | €0 | €0.002m | €0.06m | €1.9m | €0.4m | ▼ 80.3% |
| Recurring financial income75 | €0.002m | €0.2m | - | €0 | €0.002m | €0.06m | €1.9m | €0.4m | ▼ 80.3% |
| Financial charges65/66B | - | - | - | €0.002m | €0.004m | €0.001m | €0.001m | €0.001m | ▲ 111% |
| Recurring financial charges65 | €34 | €42 | €0.001m | €0.002m | €0.004m | €0.001m | €0.001m | €0.001m | ▲ 111% |
| Profit (loss) for the period before taxes9903 | -€0.003m | €0.02m | -€0.07m | -€0.05m | €0.03m | €0.1m | €1.8m | €0.3m | ▼ 83.3% |
| Income taxes67/77 | - | - | - | - | €479 | €0.02m | €0.03m | €0.03m | ▼ 1.1% |
| Profit (loss) for the period9904 | -€0.004m | €0.02m | -€0.07m | -€0.05m | €0.03m | €0.1m | €1.8m | €0.3m | ▼ 84.6% |
| Profit (loss) for the period to be appropriated9905 | -€0.004m | €0.02m | -€0.07m | -€0.05m | €0.03m | €0.1m | €1.8m | €0.3m | ▼ 84.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €8.5m | €9.2m | €9.2m | €9.7m | €8.9m | €9.4m | €9.9m | €10.4m | ▲ 4.6% |
| Fixed assets21/28 | €0.9m | €0.9m | €0.8m | €0.8m | €0.8m | €0.6m | €0.6m | €0.6m | ▼ 2.4% |
| Tangible fixed assets22/27 | €0.9m | €0.9m | €0.8m | €0.8m | €0.8m | €0.6m | €0.6m | €0.6m | ▼ 2.4% |
| Land and buildings22 | - | - | - | €0.8m | €0.8m | €0.6m | €0.6m | €0.6m | ▼ 2.4% |
| Plant, machinery and equipment23 | - | - | - | - | - | €0.001m | €0.001m | €452 | ▼ 31.8% |
| Other tangible fixed assets26 | - | - | - | - | - | €0.006m | €0.02m | €0.02m | ▼ 2.2% |
| Current assets29/58 | €7.6m | €8.3m | €8.4m | €8.9m | €8.1m | €8.9m | €9.3m | €9.8m | ▲ 5.0% |
| Amounts receivable within one year40/41 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Other amounts receivable41 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Current investments50/53 | €4.9m | €4.8m | €5.2m | €6.0m | €5.1m | €7.4m | €8.6m | €9.0m | ▲ 5.1% |
| Cash at bank and in hand54/58 | €2.7m | €3.5m | €3.1m | €2.9m | €3.0m | €1.4m | €0.7m | €0.7m | ▲ 4.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.007m | €0.007m | €0.02m | €0.02m | ▼ 12.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €8.5m | €9.2m | €9.2m | €9.7m | €8.9m | €9.4m | €9.9m | €10.4m | ▲ 4.6% |
| Equity10/15 | €8.5m | €9.0m | €9.2m | €9.7m | €8.8m | €9.4m | €9.9m | €10.4m | ▲ 4.6% |
| Contributions10/11 | - | - | - | - | €6.5m | €6.5m | €6.5m | €6.5m | = |
| Capital10 | - | - | - | - | €6.5m | €6.5m | €6.5m | €6.5m | = |
| Revaluation surpluses12 | - | - | - | €2.1m | €1.2m | €1.7m | €0.4m | €0.6m | ▲ 44.9% |
| Profit (loss) carried forward14 | €1.2m | €1.2m | €1.1m | €1.1m | €1.1m | €1.2m | €3.0m | €3.3m | ▲ 9.1% |
| Amounts payable17/49 | €0.003m | €0.2m | €0.05m | €0.06m | €0.05m | €0.003m | €0.003m | €0.002m | ▼ 30.2% |
| Amounts payable within one year42/48 | €0.003m | €0.002m | €0.001m | €0.003m | €0.002m | €0.003m | €0.003m | €0.002m | ▼ 30.2% |
| Trade debts44 | €0.003m | €0.002m | €0.001m | €0.003m | €0.002m | €0.003m | €0.003m | €0.002m | ▼ 30.2% |
| Suppliers440/4 | - | - | - | €0.003m | €0.002m | €0.003m | €0.003m | €0.002m | ▼ 30.2% |
| Accrued charges and deferred income492/3 | - | - | - | €0.06m | €0.05m | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.004m | €0.02m | -€0.07m | -€0.05m | €0.03m | €0.1m | €1.8m | €0.3m | ▼ 84.6% |
| + Depreciation and write-downs630 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | €0.02m | ▲ 9.9% |
| Operating cash flow (approximation) | €0.02m | €0.04m | -€0.05m | -€0.03m | €0.05m | €0.1m | €1.8m | €0.3m | ▼ 83.8% |
| Investment in fixed assets (approximation) | - | -€0.01m | -€243 | €0 | €0 | €0.2m | -€0.01m | -€0.002m | ▲ 88.0% |
| Change in cash | - | €0.8m | -€0.4m | -€0.2m | €0.04m | -€1.5m | -€0.7m | €0.03m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 14-07-2026 | 2026-00293298 | NBB |
| 31-12-2024 | full format | 27-06-2025 | 2025-00211738 | |
| 31-12-2023 | full format | 23-07-2024 | 2024-00290156 | |
| 31-12-2022 | full format | 20-06-2023 | 2023-00145284 | |
| 31-12-2021 | full format | 26-07-2022 | 2022-20250335 | |
| 31-12-2020 | full format | 03-08-2021 | 2021-46200061 | |
| 31-12-2019 | full format | 04-08-2020 | 2020-39100158 | |
| 31-12-2018 | full format | 28-05-2019 | 2019-14900148 | |
| 31-12-2017 | full format | 27-06-2018 | 2018-24200571 | |
| 31-12-2016 | full format | 24-05-2017 | 2017-13300040 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 5
Other functions 2
Mandate history
- Board
- Other function
- began earlier
| Name | Functions and periods |
|---|---|
| Accaputo Carina |
|
| Glorieux Charlotte |
|
| Glorieux Rudy |
|
| Marcel COLART |
|
| Scauflaire |
|
| Scauflaire Roger |
|
The board according to the articles of association
Board and representation
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “après paiement de toutes inscription privilégiées ou hypothécaire, transcriptions saisies ou autres empêchements, exécuter tout jugement…”
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Fonctions administrateurs, honorifiques et exercées à titre gratuit”“Trois ans,voire plus,maximum six ans, temps achèvement mandat”“Secrétaire président ad interim en absence président, si nombre permet”“Majorité présente ou représentée, procès-verbaux registre spécial signés président et secrétaire”
- Power of attorneyA power of attorney lets someone perform specific acts on the company's behalf.
- One provision in the deed
Audit, dissolution and liquidation
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- One provision in the deed
Articles of association, deed of 17-07-2023
Owners and capital
Owners
This non-profit association has no shareholders or capital.
Members according to the articles of association
- Membership ruleThe articles set who can become a member or partner, and on what terms.
- “Plénitude des droits, membres effectifs”“Infractions graves ou actes préjudiciables intérêts ou renom, deux tiers voix présentes ou représentées”“Retraite de plein droit”2 more provisions on this in the deed
- Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
- “Pouvoirs organe d'administration, les plus étendus pour gestion et administration”“Conflit intérêts administrateur, non applicable opérations habituelles conclues conditions et garanties normales marché pour opérations même…”“Présentation rapport activité,compte annuel recettes et dépenses,budget exercice suivant, jours,heure et lieu mentionnés convocation”“Compétences réservées assemblée générale organe souverain”“Vote et majorité, régulièrement constituée quel que soit nombre présents ou représentés”“Approbation comptes et budget, assemblée générale ordinaire”Liquidation distribution: “Tous cas dissolution volontaire ou judiciaire,quelque moment ou cause, actif social net après acquittement dettes et apurement charges”“Préciser mesures propres à application,exécution et interprétation statuts, règlement ordre intérieur”“Droits membres sortants et ayants droit”“Mises de fonds en commun, fonds social suffisant selon objectifs”10 more provisions in the deed, see the deed of 17-07-2023
Articles of association, deed of 17-07-2023 (in French)
Group and network
Connections & network
2 connected companiesThe connected companies are in the list below.
History
Acts, filings and financial milestones
29-07
Gazette deed
Reappointments: Accaputo Carina, Colart Marcel and 3 othersAppointments: Glorieux Rudy, Accaputo Carina and Scauflaire Roger9 points ▸
- General meeting, 24-06-2026
- Director reappointment, Accaputo Carina (director)
- Director reappointment, Colart Marcel (director)
- Director reappointment, Glorieux Charlotte (director)
- Director reappointment, Glorieux Rudy (director)
- Director reappointment, Scauflaire (director)
- Director appointment, Glorieux Rudy (chair)
- Director appointment, Accaputo Carina (treasurer)
- Director appointment, Scauflaire Roger (secretary)
17-07
Gazette deed
Amendment of the articlesGeneral meeting1 point ▸
- General meeting, 01-06-2023
25-08
Gazette deed
Registered officeRegistered-office move2 points ▸
- General meeting, 30-06-2022
- Registered-office move, Bruyère de Jurbise,44 à 7020 Nimy
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBThe scores and ratios are Checked's own calculations, not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Sites & property
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 53048D0180/00D003 | Wallonia | 3,567 m² | 1 · 186 m² | 7.7 m · 2 |