Fien-S
ActiveFien-S has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.06M and a net result of €4k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 62% of 9690 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability2▼-98
Solvency60▲+2
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity short (current ratio 0.65 against 0.5 in 2023), and 54.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
45.1%
Return on assets
0.2%
Age of the figures
20 mo
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €1.1M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
12 d late
2022
23 d late
2021
17 d late
2020
39 d early
2019
4 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.06M▲ 0.4%
2023 · €1.06M
2018: €509k
2019: €500k
2020: €497k
2021: €494k
2022: €499k
2023: €1.06M
2018 → 2024
Total assets
€2.35M▲ 2.6%
2023 · €2.29M
2018: €2.56M
2019: €2.50M
2020: €2.43M
2021: €2.37M
2022: €2.32M
2023: €2.29M
2018 → 2024
Net result
€4k▼ 99.3%
2023 · €559k
2018: €9k
2019: €-9k
2020: €-3k
2021: €-3k
2022: €5k
2023: €559k
2018 → 2024
Working capital
€-127k▼ 5.5%
2023 · €-120k
2018: €-691k
2019: €-683k
2020: €-675k
2021: €-665k
2022: €-655k
2023: €-120k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€497k-€494k▼ 0.6%€499k▲ 1.0%€1.06M▲ 112%€1.06M▲ 0.4%
Operating result€23k-€22k▼ 4.6%€29k▲ 31.3%€39k▲ 36.5%€28k▼ 27.4%
Net result€-3k-€-3k▲ 13.7%€5k€559k▲ 11,052%€4k▼ 99.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 27% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.35M
Fixed assets
€2.12M▼ 2.6%
Current assets
€236k▲ 97.7%
Equity and liabilities €2.35M
Equity
€1.06M▲ 0.4%
Debt
€1.29M▲ 4.5%
The debt ratio rises from 53.9% to 54.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€104k▼
2023 · €114k
Cash flow
€80k▼
2023 · €634k
Solvency
45.1%▼
2023 · 46.1%
Current ratio
0.65▲
2023 · 0.50
Quick ratio
0.65▲
2023 · 0.50
Debt / equity
1.22▲
2023 · 1.17
ROE
0.4%▼
2023 · 52.8%
ROA
0.2%▼
2023 · 24.4%
Interest coverage
4.57▼
2023 · 5.12
Debt
€1.29M▲
2023 · €1.24M
Debt ≤ 1 year
€362k▲
2023 · €239k
Debt > 1 year
€923k▼
2023 · €990k
Income taxes
€2k▼
2023 · €58k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.29M€2.35M▲
Fixed assets21/28€2.17M€2.12M▼
Tangible fixed assets22/27€2.14M€2.09M▼
Land and buildings22€2.14M€2.09M▼
Financial fixed assets28€31k€31k=
Current assets29/58€119k€236k▲
Current investments50/53€20k€100k▲
Cash at bank and in hand54/58€97k€133k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€2.29M€2.35M▲
Equity10/15€1.06M€1.06M▲
Contributions10/11€500k€500k=
Reserves13€558k€562k▲
Non-distributable reserves130/1€460€460=
Reserves not available under the articles1311€460€460=
Distributable reserves133€558k€562k▲
Amounts payable17/49€1.24M€1.29M▲
Amounts payable after more than one year17€990k€923k▼
Financial debts170/4€990k€923k▼
Amounts payable within one year42/48€239k€362k▲
Current portion of amounts payable after more than one year42€70k€72k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€56k€460▼
Taxes450/3€56k€460▼
Other amounts payable47/48€112k€288k▲
Accrued charges and deferred income492/3€7k€6k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€76k▲
Other operating charges640/8€6k€3k▼
Gross operating margin9900€120k€107k▼
Operating profit (loss)9901€39k€28k▼
Financial income75/76B€600k€686▼
Recurring financial income75€600k€686▼
Financial charges65/66B€22k€23k▲
Recurring financial charges65€22k€23k▲
Profit (loss) for the period before taxes9903€617k€6k▼
Income taxes67/77€58k€2k▼
Profit (loss) for the period9904€559k€4k▼
Profit (loss) for the period to be appropriated9905€559k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€558k€4k▼
Profit (loss) brought forward from the previous period14P€-2k€0▲
Transfer to equity691/2€558k€4k▼
To other reserves6921€558k€4k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 12 days late
2023
31-12
Financial
Highest result since 2018net €559k ▲11052%
Operating result €39k, net result €559k, both a record.
31-12
Financial
Equity above €1MEq €1.06M ▲112%
2 profitable years in a row build equity to €1.06M.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
31-12
Financial
Weakest financial yearnet €-9k ▼196%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Lennik · 1 establishment unit since 2017
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.
Gustaaf Breynaertstraat 831750 LennikGround area
3,647 m²
Building footprint
415 m²
Volume, LiDAR
2,282 m³
Parcel 23072A0086/00H000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fien-S
since 20172.271.039.917
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23072A0086/00H000 | Flanders | 3,647 m² | 1 · 415 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,287 companies in sector 68110 we hold annual accounts for 5,353. 3,171 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-11-2017
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.