FIDULUX
ActiveSummary
FIDULUX has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54,405 and a net result of €38,185. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 23% of 13085 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72=
Solvency48▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.1 in 2024; short-term debt: 75.8% and cash: 39.1% of total assets), and 76.7% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.3%
Return on assets
16.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 13085 sector peers (2025).
NBB · sector comparisonPosition among 13085 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 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
46 d late
2024
3 d early
2023
on the day
2022
3 d early
2021
9 d late
2020
on the day
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Turnover
€0
Total assets
€233,555▼ 34.3%
2024 · €355,553
Net result
€38,185▲ 366%
2024 · €8,195
Working capital
€49,621▲ 222%
2024 · €15,402
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€0
Operating result€42,183▲ 102%€21,731▼ 48.5%€18,229▼ 16.1%€25,957▲ 42.4%€82,276▲ 217%
Net result€19,774within the sector's middle half▲ 354%€10,477within the sector's middle half▼ 47.0%€3,975below the sector's middle half▼ 62.1%€8,195below the sector's middle half▲ 106%€38,185within the sector's middle half▲ 366%
Equity€51,852within the sector's middle half▲ 32.2%€52,829within the sector's middle half▲ 1.9%€55,144within the sector's middle half▲ 4.4%€63,339within the sector's middle half▲ 14.9%€54,405within the sector's middle half▼ 14.1%
Total assets€419,190within the sector's middle half▲ 4.3%€359,958within the sector's middle half▼ 14.1%€382,654within the sector's middle half▲ 6.3%€355,553within the sector's middle half▼ 7.1%€233,555within the sector's middle half▼ 34.3%
Debt€367,338▲ 1.2%€307,130▼ 16.4%€327,511▲ 6.6%€292,214▼ 10.8%€179,150▼ 38.7%
Working capital-€8,842below the sector's middle half▼ 68.8%€11,761within the sector's middle half€10,868below the sector's middle half▼ 7.6%€15,402within the sector's middle half▲ 41.7%€49,621within the sector's middle half▲ 222%
Solvency12.4%below the sector's middle half▲ 2.6pp14.7%below the sector's middle half▲ 2.3pp14.4%below the sector's middle half▼ 0.3pp17.8%below the sector's middle half▲ 3.4pp23.3%below the sector's middle half▲ 5.5pp
Current ratio0.95below the sector's middle half▼ 0.011.07below the sector's middle half▲ 0.121.07below the sector's middle half▼ 0.011.10below the sector's middle half▲ 0.031.28within the sector's middle half▲ 0.18
Return on assets (ROA)4.7%within the sector's middle half▲ 3.6pp2.9%below the sector's middle half▼ 1.8pp1.0%below the sector's middle half▼ 1.9pp2.3%below the sector's middle half▲ 1.3pp16.3%within the sector's middle half▲ 14.0pp
Staff (FTE)5.8▲ 7.4%5.7▼ 1.7%5▼ 12.3%4.6▼ 8.0%4.2▼ 8.7%
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 217% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €233,555
Fixed assets
€6,914 ▼ 96.3%
Current assets
€226,641 ▲ 32.9%
Equity and liabilities €233,555
Equity
€54,405 ▼ 14.1%
Debt
€179,150 ▼ 38.7%
Debt's share of the balance-sheet total falls from 82.2% to 76.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€85,917▲
2024 · €62,437
Cash flow
€41,826▼
2024 · €44,675
Debt to equity
3.29▼
2024 · 4.61
ROE
70.2%▲
2024 · 12.9%
Interest coverage
3.92▼
2024 · 9.42
Debt ≤ 1 year
€177,020▲
2024 · €155,177
Debt > 1 year
€0▼
2024 · €134,755
Income taxes
€23,941▲
2024 · €12,010
Staff costs
€379,055▲
2024 · €224,526
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95% 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%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €0 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €0 | - | - | - |
| Remuneration, social security and pensions62 | - | €209,587 | €227,418 | €224,526 | €379,055 | ▲ 68.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €52,593 | €46,468 | €34,694 | €36,481 | €3,641 | ▼ 90.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€1,036 | -€1,966 | €2,502 | -€2,203 | ▼ 188% |
| Other operating charges640/8 | - | €14,388 | €12,632 | €13,697 | €19,081 | ▲ 39.3% |
| Non-recurring operating charges66A | - | €6,395 | - | - | - | - |
| Gross operating margin9900 | €278,003 | €297,533 | €291,007 | €303,162 | €481,850 | ▲ 58.9% |
| Operating profit (loss)9901 | €42,183 | €21,731 | €18,229 | €25,957 | €82,276 | ▲ 217% |
| Financial income75/76B | - | €1,669 | €820 | €874 | €1,753 | ▲ 101% |
| Recurring financial income75 | €792 | €1,669 | €820 | €874 | €1,753 | ▲ 101% |
| Financial charges65/66B | - | €8,573 | €8,809 | €6,626 | €21,903 | ▲ 231% |
| Recurring financial charges65 | €9,174 | €8,573 | €8,809 | €6,626 | €21,903 | ▲ 231% |
| Profit (loss) for the period before taxes9903 | €33,801 | €14,826 | €10,240 | €20,204 | €62,126 | ▲ 207% |
| Income taxes67/77 | €14,027 | €4,350 | €6,265 | €12,010 | €23,941 | ▲ 99.3% |
| Profit (loss) for the period9904 | €19,774 | €10,477 | €3,975 | €8,195 | €38,185 | ▲ 366% |
| Profit (loss) for the period to be appropriated9905 | €30,422 | €10,477 | €3,975 | €8,195 | €38,185 | ▲ 366% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €419,190 | €359,958 | €382,654 | €355,553 | €233,555 | ▼ 34.3% |
| Fixed assets21/28 | €250,647 | €190,211 | €211,006 | €184,974 | €6,914 | ▼ 96.3% |
| Tangible fixed assets22/27 | €250,647 | €190,211 | €211,006 | €184,974 | €6,914 | ▼ 96.3% |
| Land and buildings22 | - | €151,455 | €134,581 | €131,022 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | €15,353 | €10,864 | €2,999 | €1,299 | ▼ 56.7% |
| Furniture and vehicles24 | - | €15,450 | €24,661 | €17,855 | €288 | ▼ 98.4% |
| Leasing and similar rights25 | - | - | €32,835 | €26,232 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | €7,954 | €8,065 | €6,866 | €5,327 | ▼ 22.4% |
| Current assets29/58 | €168,544 | €169,747 | €171,648 | €170,579 | €226,641 | ▲ 32.9% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €98,957 | €111,643 | €104,499 | €102,487 | €124,896 | ▲ 21.9% |
| Trade receivables40 | - | €100,283 | €94,921 | €93,811 | €124,545 | ▲ 32.8% |
| Other amounts receivable41 | - | €11,360 | €9,579 | €8,677 | €352 | ▼ 95.9% |
| Cash at bank and in hand54/58 | €58,581 | €46,787 | €52,913 | €54,492 | €91,330 | ▲ 67.6% |
| Deferred charges and accrued income490/1 | - | €11,317 | €14,236 | €13,600 | €10,415 | ▼ 23.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €419,190 | €359,958 | €382,654 | €355,553 | €233,555 | ▼ 34.3% |
| Equity10/15 | €51,852 | €52,829 | €55,144 | €63,339 | €54,405 | ▼ 14.1% |
| Contributions10/11 | - | €10,050 | €10,050 | €10,050 | €9,526 | ▼ 5.2% |
| Reserves13 | €41,802 | €42,779 | €45,094 | €53,289 | €44,879 | ▼ 15.8% |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | €2,000 | €1,896 | ▼ 5.2% |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | €2,000 | €1,896 | ▼ 5.2% |
| Distributable reserves133 | - | €40,779 | €43,094 | €51,289 | €42,983 | ▼ 16.2% |
| Profit (loss) carried forward14 | €0 | - | €0 | €0 | - | - |
| Amounts payable17/49 | €367,338 | €307,130 | €327,511 | €292,214 | €179,150 | ▼ 38.7% |
| Amounts payable after more than one year17 | €189,953 | €148,676 | €166,690 | €134,755 | €0 | ▼ 100% |
| Financial debts170/4 | - | €148,676 | €166,690 | €134,755 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €177,386 | €157,987 | €160,780 | €155,177 | €177,020 | ▲ 14.1% |
| Current portion of amounts payable after more than one year42 | - | €47,767 | €35,371 | €31,935 | €1,871 | ▼ 94.1% |
| Financial debts43 | - | €28,769 | €34,231 | €33,434 | €37,354 | ▲ 11.7% |
| Credit institutions430/8 | - | €28,769 | €34,231 | €33,434 | €37,354 | ▲ 11.7% |
| Trade debts44 | €16,566 | €10,521 | €14,318 | €15,254 | €11,881 | ▼ 22.1% |
| Suppliers440/4 | - | €10,521 | €14,318 | €15,254 | €11,881 | ▼ 22.1% |
| Taxes, remuneration and social security45 | - | €53,938 | €63,126 | €63,249 | €74,118 | ▲ 17.2% |
| Taxes450/3 | - | €30,436 | €33,189 | €36,536 | €48,348 | ▲ 32.3% |
| Remuneration and social security454/9 | - | €23,502 | €29,938 | €26,713 | €25,770 | ▼ 3.5% |
| Other amounts payable47/48 | - | €16,992 | €13,735 | €11,306 | €51,796 | ▲ 358% |
| Accrued charges and deferred income492/3 | - | €467 | €41 | €2,282 | €2,130 | ▼ 6.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,774 | €10,477 | €3,975 | €8,195 | €38,185 | ▲ 366% |
| + Depreciation and write-downs630 | €52,593 | €46,468 | €34,694 | €36,481 | €3,641 | ▼ 90.0% |
| Operating cash flow (approximation) | €72,367 | €56,944 | €38,669 | €44,675 | €41,826 | ▼ 6.4% |
| Investment in fixed assets (approximation) | - | €13,968 | -€55,490 | -€10,448 | €174,419 | ▲ 1,769% |
| Change in cash | - | -€11,794 | €6,126 | €1,579 | €36,838 | ▲ 2,233% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
15-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 46 days late
08-05
State Gazette act
Appointment: WISLET Chelsea (director)2 facts ▸
State Gazette act
Appointment: WISLET Chelsea (director)
2 facts ▸
- General meeting, 24-03-2026
- Director appointment, WISLET Chelsea (director)
2025
31-12
Financial
Highest result since 2019net €38,185 ▲366%
Operating result €82,276, net result €38,185, both a record.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €3,975 ▼62.1%
Net result drops to €3,975, the lowest in the series; recovery starts the following year.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
06-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 310 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
WISLET Chelsea
CurrentDirector · since 24-03-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Vielsalm · 3 establishment units since 2009
Ground area
2,031 m²
Building footprint
175 m²
3 parcels, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
3 establishment units
Fidulux
since 2009unit no. 2.179.080.848
Fidulux
since 2009unit no. 2.179.081.046
Fidulux
since 2020unit no. 2.309.359.964
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63082D0222/00D000 | Wallonia | 960 m² | - | - |
| 82032E0804/00P000 | Wallonia | 835 m² | 1 · 116 m² | - |
| 62026D1046/00L004 | Wallonia | 236 m² | 1 · 59 m² | - |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| WISLET Chelsea |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
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Recognitions · licences · registrations
Legal Entity Identifier
9845003FNCODF53A7554
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Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded17-05-2000
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471850362
Also
9925:BE0471850362
Registered
30-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.