FIELD OPERATIONS · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of FIELD OPERATIONS is 1.3% (low). The 2025 annual accounts show negative equity (€-170k) and a net result of €13k. Equity is shrinking by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 109 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

1.3% Low

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Annual accounts: weaker financial profile +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

2 signals · with evidence

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 109 sector peers (2025).

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-06-2025	31-01-2026	27-01-2026	4 d early	2026-00016713
30-06-2024	31-01-2025	30-01-2025	1 d early	2025-00017236
30-06-2023	31-01-2024	30-01-2024	1 d early	2024-00019152
30-06-2022	31-01-2023	30-01-2023	1 d early	2023-00015905
30-06-2021	31-01-2022	28-01-2022	3 d early	2022-02600035
30-06-2020	31-01-2021	27-01-2021	4 d early	2021-02200269
30-06-2019	31-01-2020	29-01-2020	2 d early	2020-02900233
30-06-2018	31-01-2019	21-01-2019	10 d early	2019-01900321
30-06-2017	31-01-2018	31-01-2018	on the day	2018-04000060
30-06-2016	31-01-2017	21-12-2016	41 d early	2016-71000154

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Established

Founded in 2014, 11 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.

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€13k-22.5%

Working capital€-174k+9.0%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 27-01-2026 with the NBB · fiscal year 2025 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~22.3%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

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 41, Construction of buildings · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-1201.5%	25.5%	better than 5% of 109 sector peers
Net result	€13k	€20k	better than 44% of 109 sector peers
Equity	€-170k	€76k	better than 5% of 109 sector peers
Gross operating margin	€18k	€79k	better than 23% of 109 sector peers
Total assets	€14k	€311k	better than 5% of 109 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P5

Stable position over 2020-2025 · n=109-333

Net result P44

Improving position over 2020-2025 · n=109-333

Equity P5

Stable position over 2020-2025 · n=109-333

Gross operating margin P23

Stable position over 2020-2025 · n=109-333

Describes the position versus peers, not a forecast.

EBITDA

€17k

-40.2% 19-25

Net profit

€13k

-22.5% 19-25

Cash flow

€17k

-40.3% 19-25

Total assets

€14k

-50.0% 19-25

Equity

€-170k

+7.3% 19-25

Working capital

€-174k

+9.0% 19-25

Employees (FTE)

1

0.0% 19-25

Income taxes

€2k

-8.1% 19-25

Debt

€184k

-13.0% 19-25

Debt ≤ 1y

€184k

-13.0% 19-25

Current ratio

0.05

-44.4% 19-25

Quick ratio

0.05

-44.4% 19-25

Solvency

-1201.5%

-85.3% 19-25

Debt / equity

-1.08

+6.2% 19-25

ROE

-7.8%

+16.4% 19-25

ROA

94.3%

+54.9% 19-25

Interest coverage

397.88

-35.8% 19-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	verkort
Revenue	-
EBITDA	€17k
Net profit	€13k
Cash flow	€17k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€14k
Equity	€-170k
Debt	€184k
of which ≤ 1y	€184k
of which > 1y	-
Working capital	€-174k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	0.05
Quick ratio	0.05
Working capital ratio	-1233.5%
Solvency	-1201.5%
Debt / equity	-1.08
Long-term debt ratio	-
Interest coverage	397.88
Gross margin	-
Net margin	-
ROA	94.3%
ROE	-7.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €5k · 32.0% Current assets €10k · 68.1%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€14k
Fixed assets	21/28	€5k
Tangible fixed assets	22/27	€5k
Current assets	29/58	€10k
Amounts receivable within one year	40/41	€4k
Cash & bank	54/58	€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€14k
Equity	10/15	€-170k
Contributions / capital	10/11	€7k
Reserves	13	€2k
Accumulated profits (losses)	14	€-179k
Amounts payable	17/49	€184k
Amounts payable within one year	42/48	€184k
Trade debts payable within one year	44	€2k
Income statement
Gross operating margin	9900	€18k
Operating result	9901	€13k
Financial charges	65	€43
Result before taxes	9903	€13k
Net result for the period	9904	€13k
Result to be appropriated	9905	€13k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

8 / 100 Critical

050100

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.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

9 companies at this address See who is registered here

Establishment units

1 location

FIELD OPERATIONS

Lange Slachterijstraat 36, 2060 AntwerpenHandel in eigen onroerend goed

since 20142.238.572.730

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area475 m²

Buildings1

Building footprint475 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11807G0422/00W018	Flanders	475 m²	1 · 475 m²	-

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts

All acts · 1 updated 2 years ago

2024

12-02-2024 Publication in the Belgian Official Gazette, Minor change Minor change·Michaël Michoel

Summary: Statutes changeNotary: Michaël Michoel · Antwerpen

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

40 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 8

Profitability 0

Solvency 33

Growth 58

Stability 100

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Credit advice

verdict per customer and amount

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Company registry

Company registry (CBE)

Crossroads Bank

Activities

Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110

Primary activity highlighted.

Names & trade names

Legal nameNL

FIELD OPERATIONS

Registered office

Lange Slachterijstraat 36

2060 Antwerpen, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.