FIDOUCIA
ActiveFIDOUCIA has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-213k) and a net result of €-73k. Equity is shrinking by ~37.3% per year across the filed fiscal years. Its solvency ranks better than 12% of 18035 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
7
/ 100
Critical▼ -9 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency35▼-2
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.57 against 0.64 in 2024), and equity is negative.
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
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 2025Solvency, return and age of the figures
Solvency
-53.5%
Return on assets
-18.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€213k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
60 d late
2023
29 d late
2022
25 d late
2021
31 d late
2020
241 d late
2019
153 d late
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-213k▼ 52.0%
2024 · €-140k
2018: €92k
2019: €43k
2020: €-30k
2021: €-89k
2022: €-139k
2023: €-158k
2024: €-140k
2018 → 2025
Total assets
€399k▼ 5.9%
2024 · €424k
2018: €260k
2019: €324k
2020: €384k
2021: €397k
2022: €426k
2023: €473k
2024: €424k
2018 → 2025
Net result
€-73k
2024 · €18k
2018: €2k
2019: €-49k
2020: €-73k
2021: €-59k
2022: €-50k
2023: €-19k
2024: €18k
2018 → 2025
Working capital
€-263k▼ 30.6%
2024 · €-201k
2018: €84k
2019: €8k
2020: €-84k
2021: €-164k
2022: €-216k
2023: €-226k
2024: €-201k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-89k-€-139k▼ 56.7%€-158k▼ 13.6%€-140k▲ 11.3%€-213k▼ 52.0%
Operating result€-56k-€-47k▲ 16.6%€-13k▲ 73.2%€25k€-68k
Net result€-59k-€-50k▲ 13.9%€-19k▲ 62.5%€18k€-73k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €68k after €25k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €399k
Fixed assets
€50k▼ 18.7%
Current assets
€349k▼ 3.8%
Key figures and ratios
EBITDA
€-56k▼
2024 · €40k
Cash flow
€-61k▼
2024 · €32k
Solvency
-53.5%▼
2024 · -33.1%
Current ratio
0.57▼
2024 · 0.64
Quick ratio
0.04▼
2024 · 0.04
Debt / equity
-2.87▲
2024 · -4.02
ROE
34.2%▲
2024 · -12.7%
ROA
-18.3%▼
2024 · 4.2%
Interest coverage
-10.69▼
2024 · 5.42
Debt
€612k▲
2024 · €564k
Debt ≤ 1 year
€612k▲
2024 · €564k
Income taxes
€-370▼
2024 · €260
Staff costs
€109k▼
2024 · €112k
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€424k€399k▼
Fixed assets21/28€61k€50k▼
Tangible fixed assets22/27€56k€45k▼
Land and buildings22€17k€14k▼
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€21k€15k▼
Other tangible fixed assets26€16k€14k▼
Financial fixed assets28€5k€5k=
Current assets29/58€363k€349k▼
Stocks and contracts in progress3€338k€323k▼
Stocks30/36€338k€323k▼
Amounts receivable within one year40/41€21k€25k▲
Trade receivables40€21k€25k▲
Other amounts receivable41€40-
Cash at bank and in hand54/58€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€424k€399k▼
Equity10/15€-140k€-213k▼
Contributions10/11€60k€60k=
Reserves13€9k€9k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€-209k€-282k▼
Amounts payable17/49€564k€612k▲
Amounts payable within one year42/48€564k€612k▲
Financial debts43€125k€125k=
Credit institutions430/8€125k€125k=
Trade debts44€69k€97k▲
Suppliers440/4€69k€97k▲
Taxes, remuneration and social security45€30k€23k▼
Taxes450/3€9k€11k▲
Remuneration and social security454/9€21k€12k▼
Other amounts payable47/48€340k€367k▲
Income statement
Code20242025
Remuneration, social security and pensions62€112k€109k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€12k▼
Other operating charges640/8€6k€4k▼
Gross operating margin9900€157k€58k▼
Operating profit (loss)9901€25k€-68k▼
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€18k€-73k▼
Income taxes67/77€260€-370▼
Profit (loss) for the period9904€18k€-73k▼
Profit (loss) for the period to be appropriated9905€18k€-73k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-209k€-282k▼
Profit (loss) brought forward from the previous period14P€-227k€-209k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Back to profitnet €18k
Net result €18k after 5 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 241 days late
2020
31-12
Financial
Weakest financial yearnet €-73k
Net result drops to €-73k, the lowest in the series; recovery starts the following year.
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Aalst · 1 establishment unit since 2007
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.
Vredeplein 29300 AalstGround area
692 m²
Building footprint
662 m²
Volume, LiDAR
7,235 m³
Parcel 41002A0009/00R000, Flanders · tallest building 16.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
FIDOUCIA
since 20072.165.968.626
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41002A0009/00R000indicative | Flanders | 692 m² | 1 · 662 m² | 16.5 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,790 EUR awarded · 2,790 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,790 EUR | 2,790 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 519 companies in sector 47714 we hold annual accounts for 263. 216 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-10-2007
Fiscal year end31-12
Activities, NACEBEL
47714Retail trade
52425
47715Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.