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FIDUBEEZ

Active
Private limited company (pre-2019)founded 1995active for 31 yearsAvenue Reine Elisabeth(BZ) 40, 5000 Namur, Belgium21 active companies are registered at this addressKBO/BCE: BE 0454.319.789
Summary

FIDUBEEZ has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,092 and a net result of €22,256. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 35% of 1,056 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, full format

Turnover
≈ €77,000
Estimated: probably between €56,000 and €110,000
EBIT margin
Not included in this filing
Net result
€22,256
2024 · -€810
Working capital
€25,989▲ 280%
2024 · €6,837
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 121 times 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€30,618 2025 Net result€22,256 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€9,223-€4,946-€809€2,533-€2,662€253€30,618▲ 121×
Net result-€7,865-€5,403below the sector's middle half-€835below the sector's middle half€2,156below the sector's middle half-€408below the sector's middle half-€810below the sector's middle half▼ 98.6%€22,256below the sector's middle half
Equity€1,331-€6,734below the sector's middle half▲ 406%€5,899below the sector's middle half▼ 12.4%€8,055below the sector's middle half▲ 36.6%€7,647below the sector's middle half▼ 5.1%€6,837below the sector's middle half▼ 10.6%€29,092below the sector's middle half▲ 326%
Total assets€25,584-€36,987below the sector's middle half▲ 44.6%€72,336below the sector's middle half▲ 95.6%€153,384below the sector's middle half▲ 112%€191,909below the sector's middle half▲ 25.1%€141,693below the sector's middle half▼ 26.2%€176,979below the sector's middle half▲ 24.9%
Debt€24,254-€30,253▲ 24.7%€66,437▲ 120%€145,329▲ 119%€184,262▲ 26.8%€134,856▼ 26.8%€147,887▲ 9.7%
Working capital€1,331-€6,010within the sector's middle half▲ 352%-€20,562below the sector's middle half-€11,429below the sector's middle half▲ 44.4%-€1,923within the sector's middle half▲ 83.2%€6,837within the sector's middle half€25,989within the sector's middle half▲ 280%
Solvency5.2%-18.2%within the sector's middle half▲ 13.0pp8.2%below the sector's middle half▼ 10.1pp5.3%below the sector's middle half▼ 2.9pp4.0%below the sector's middle half▼ 1.3pp4.8%below the sector's middle half▲ 0.8pp16.4%within the sector's middle half▲ 11.6pp
Current ratio1.05-1.20within the sector's middle half▲ 0.140.69below the sector's middle half▼ 0.510.92below the sector's middle half▲ 0.230.99within the sector's middle half▲ 0.071.05within the sector's middle half▲ 0.061.18within the sector's middle half▲ 0.13
Return on assets (ROA)-30.7%-14.6%within the sector's middle half▲ 45.3pp-1.2%below the sector's middle half▼ 15.8pp1.4%below the sector's middle half▲ 2.6pp-0.2%below the sector's middle half▼ 1.6pp-0.6%below the sector's middle half▼ 0.4pp12.6%within the sector's middle half▲ 13.1pp
above within below the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €176,979
Fixed assets €3,103
Current assets €173,876
Equity and liabilities €176,979
Equity €29,092 ▲ 326%
Debt €147,887 ▲ 9.7%
Debt's share of the balance-sheet total falls from 95.2% to 83.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€31,355▲
2024 · €9,823
Cash flow
€22,992▲
2024 · €8,760
Debt to equity
5.08▼
2024 · 19.73
ROE
76.5%▲
2024 · -11.9%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€147,887▲
2024 · €134,856
Income taxes
€8,316▲
2024 · €1,017
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95.1% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
3.7% stopped otherwise
95.1% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,818 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€141,693€176,979▲
Fixed assets21/28-€3,103
Tangible fixed assets22/27€0€3,103▲
Furniture and vehicles24-€3,103
Current assets29/58€141,693€173,876▲
Amounts receivable within one year40/41€36,329€59,509▲
Trade receivables40€36,329€59,509▲
Cash at bank and in hand54/58€105,363€114,367▲
Equity and liabilities
Total equity and liabilities10/49€141,693€176,979▲
Equity10/15€6,837€29,092▲
Contributions10/11€18,592€18,592=
Capital10€18,592€18,592=
Issued capital100€18,592€18,592=
Reserves13€369€369=
Non-distributable reserves130/1€369€369=
Legal reserve130€369€369=
Profit (loss) carried forward14-€12,124€10,132▲
Amounts payable17/49€134,856€147,887▲
Amounts payable within one year42/48€134,856€147,887▲
Trade debts44€26,224€100,927▲
Suppliers440/4€26,224€100,927▲
Taxes, remuneration and social security45€3,819€24,216▲
Taxes450/3€3,819€24,216▲
Other amounts payable47/48€104,813€22,744▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,570€736▼
Other operating charges640/8€401€302▼
Gross operating margin9900€10,224€31,657▲
Operating profit (loss)9901€253€30,618▲
Financial charges65/66B€46€46▲
Recurring financial charges65€46€46▲
Profit (loss) for the period before taxes9903€207€30,572▲
Income taxes67/77€1,017€8,316▲
Profit (loss) for the period9904-€810€22,256▲
Profit (loss) for the period to be appropriated9905-€810€22,256▲
Appropriation of the result
Profit (loss) to be appropriated9906-€12,124€10,132▲
Profit (loss) brought forward from the previous period14P-€11,314-€12,124▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€117€356€700€6,977€9,914€9,570€736▼ 92.3%
Other operating charges640/8---€769€576€401€302▼ 24.5%
Gross operating margin9900-€9,055€5,364€2,667€10,279€7,828€10,224€31,657▲ 210%
Operating profit (loss)9901-€9,223€4,946-€809€2,533-€2,662€253€30,618▲ 121×
Financial income75/76B----€3,856---
Recurring financial income75€1,419€505--€3,856---
Financial charges65/66B---€125€69€46€46▲ 0.2%
Recurring financial charges65€60€48€26€125€69€46€46▲ 0.2%
Profit (loss) for the period before taxes9903-€7,865€5,403-€835€2,408€1,125€207€30,572▲ 148×
Income taxes67/77---€252€1,533€1,017€8,316▲ 717%
Profit (loss) for the period9904-€7,865€5,403-€835€2,156-€408-€810€22,256-
Profit (loss) for the period to be appropriated9905-€7,865€5,403-€835€2,156-€408-€810€22,256-
Line2019202020212022202320242025Change
Assets
Total assets20/58€25,584€36,987€72,336€153,384€191,909€141,693€176,979▲ 24.9%
Fixed assets21/28-€724€26,461€19,484€9,570-€3,103-
Tangible fixed assets22/27€0€724€26,461€19,484€9,570€0€3,103-
Furniture and vehicles24---€19,484€9,570-€3,103-
Current assets29/58€25,584€36,263€45,875€133,900€182,339€141,693€173,876▲ 22.7%
Amounts receivable within one year40/41€25,448€20,558€15,839€83,166€100,887€36,329€59,509▲ 63.8%
Trade receivables40---€78,628€21,443€36,329€59,509▲ 63.8%
Other amounts receivable41---€4,538€79,444---
Cash at bank and in hand54/58€137€15,705€30,036€50,733€81,452€105,363€114,367▲ 8.5%
Equity and liabilities
Total equity and liabilities10/49€25,584€36,987€72,336€153,384€191,909€141,693€176,979▲ 24.9%
Equity10/15€1,331€6,734€5,899€8,055€7,647€6,837€29,092▲ 326%
Contributions10/11€18,592€18,592€18,592€18,592€18,592€18,592€18,592=
Capital10---€18,592€18,592€18,592€18,592=
Issued capital100---€18,592€18,592€18,592€18,592=
Reserves13€369€369€369€369€369€369€369=
Non-distributable reserves130/1---€369€369€369€369=
Legal reserve130---€369€369€369€369=
Profit (loss) carried forward14-€17,630-€12,227-€13,062-€10,906-€11,314-€12,124€10,132-
Amounts payable17/49€24,254€30,253€66,437€145,329€184,262€134,856€147,887▲ 9.7%
Amounts payable within one year42/48€24,254€30,253€66,437€145,329€184,262€134,856€147,887▲ 9.7%
Trade debts44€23,887€24,231€25,376€116,185€182,747€26,224€100,927▲ 285%
Suppliers440/4---€116,185€182,747€26,224€100,927▲ 285%
Taxes, remuneration and social security45---€252€1,516€3,819€24,216▲ 534%
Taxes450/3---€252€1,516€3,819€24,216▲ 534%
Other amounts payable47/48---€28,892-€104,813€22,744▼ 78.3%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€7,865€5,403-€835€2,156-€408-€810€22,256-
+ Depreciation and write-downs630€117€356€700€6,977€9,914€9,570€736▼ 92.3%
Operating cash flow (approximation)-€7,748€5,759-€134€9,133€9,506€8,760€22,992▲ 162%
Investment in fixed assets (approximation)---€26,438€0€0---
Change in cash-€15,569€14,331€20,697€30,719€23,911€9,004▼ 62.3%

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

Latest 10 of 30 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 18-06-2026 2026-00172874
31-12-2024 full format 14-03-2025 2025-00049230
31-12-2023 full format 27-08-2024 2024-00385372
30-06-2022 full format 02-08-2022 2022-20266621
30-06-2021 full format 03-08-2021 2021-46700554
30-06-2020 full format 31-07-2020 2020-38600033
30-06-2019 full format 06-08-2019 2019-44200104
30-06-2018 full format 08-08-2018 2018-44600217
30-06-2017 full format 14-07-2017 2017-31500590
30-06-2016 full format 10-08-2016 2016-41700304

Show all 30 filings

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Of the 12,107 active companies whose main activity is certified accountants and tax accountants (NACE 69201), figures are known for 7,765. 5,207 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.