Fierce Enterprise
ActiveFierce Enterprise has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €989k and a net result of €164k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 49% of 679 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
61
/ 100
Healthy▲ +46 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+83
Solvency28▲+11
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity short (current ratio 0.48 against 0.42 in 2024), and 74.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
25.8%
Return on assets
4.3%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-05-2026, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
86 d early
2024
38 d early
2023
29 d early
2022
4 d early
2021
23 d late
2020
26 d late
2019
46 d early
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€989k▲ 19.8%
2024 · €825k
2018: €372k
2019: €434k
2020: €403k
2021: €550k
2022: €625k
2023: €855k
2024: €825k
2018 → 2025
Total assets
€3.84M▼ 0.8%
2024 · €3.87M
2018: €965k
2019: €886k
2020: €774k
2021: €800k
2022: €1.02M
2023: €2.30M
2024: €3.87M
2018 → 2025
Net result
€164k
2024 · €-19k
2018: €25k
2019: €80k
2020: €-13k
2021: €165k
2022: €92k
2023: €248k
2024: €-19k
2018 → 2025
Working capital
€-320k▲ 35.0%
2024 · €-493k
2018: €-49k
2019: €11k
2020: €-10k
2021: €175k
2022: €303k
2023: €2k
2024: €-493k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€550k-€625k▲ 13.5%€855k▲ 36.9%€825k▼ 3.5%€989k▲ 19.8%
Operating result€164k-€86k▼ 47.6%€331k▲ 285%€96k▼ 71.0%€320k▲ 233%
Net result€165k-€92k▼ 44.3%€248k▲ 170%€-19k€164k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 233% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.84M
Fixed assets
€3.55M▲ 1.1%
Current assets
€292k▼ 19.3%
Equity and liabilities €3.84M
Equity
€989k▲ 19.8%
Debt
€2.85M▼ 6.4%
The debt ratio falls from 78.7% to 74.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€495k▲
2024 · €220k
Cash flow
€339k▲
2024 · €105k
Solvency
25.8%▲
2024 · 21.3%
Current ratio
0.48▲
2024 · 0.42
Quick ratio
0.47▲
2024 · 0.42
Debt / equity
2.88▼
2024 · 3.69
ROE
16.6%▲
2024 · -2.3%
ROA
4.3%▲
2024 · -0.5%
Interest coverage
3.18▲
2024 · 1.60
Debt
€2.85M▼
2024 · €3.04M
Debt ≤ 1 year
€612k▼
2024 · €855k
Debt > 1 year
€2.20M▲
2024 · €2.16M
Income taxes
€748▲
2024 · €711
Staff costs
€350k▲
2024 · €261k
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€3.87M€3.84M▼
Fixed assets21/28€3.51M€3.55M▲
Tangible fixed assets22/27€3.51M€3.55M▲
Land and buildings22€3.19M€3.22M▲
Plant, machinery and equipment23€15k€31k▲
Furniture and vehicles24€298k€299k▲
Current assets29/58€362k€292k▼
Stocks and contracts in progress3€6k€7k▲
Stocks30/36€6k€7k▲
Amounts receivable within one year40/41€25k€54k▲
Trade receivables40€948€0▼
Other amounts receivable41€24k€54k▲
Current investments50/53€0-
Cash at bank and in hand54/58€303k€223k▼
Deferred charges and accrued income490/1€28k€9k▼
Equity and liabilities
Total equity and liabilities10/49€3.87M€3.84M▼
Equity10/15€825k€989k▲
Contributions10/11€200k€200k=
Capital10€200k€200k=
Issued capital100€200k€200k=
Reserves13€625k€789k▲
Non-distributable reserves130/1€20k€20k=
Legal reserve130€20k€20k=
Distributable reserves133€605k€769k▲
Profit (loss) carried forward14€0-
Investment grants15€0-
Provisions and deferred taxes16€0-
Deferred taxes168€0-
Amounts payable17/49€3.04M€2.85M▼
Amounts payable after more than one year17€2.16M€2.20M▲
Financial debts170/4€2.16M€2.20M▲
Amounts payable within one year42/48€855k€612k▼
Current portion of amounts payable after more than one year42€158k€219k▲
Financial debts43€167k€4k▼
Credit institutions430/8€167k€4k▼
Trade debts44€412k€261k▼
Suppliers440/4€359k€261k▼
Bills of exchange payable441€53k€0▼
Taxes, remuneration and social security45€39k€52k▲
Taxes450/3€806€2k▲
Remuneration and social security454/9€39k€50k▲
Other amounts payable47/48€78k€76k▼
Accrued charges and deferred income492/3€33k€38k▲
Income statement
Code20242025
Remuneration, social security and pensions62€261k€350k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€124k€176k▲
Other operating charges640/8€46k€66k▲
Gross operating margin9900€527k€911k▲
Operating profit (loss)9901€96k€320k▲
Financial income75/76B€18k€597▼
Recurring financial income75€18k€597▼
Financial charges65/66B€138k€156k▲
Recurring financial charges65€138k€156k▲
Profit (loss) for the period before taxes9903€-23k€164k▲
Transfer from deferred taxes780€5k€0▼
Income taxes67/77€711€748▲
Profit (loss) for the period9904€-19k€164k▲
Profit (loss) for the period to be appropriated9905€-19k€164k▲
Appropriation of the result
Profit (loss) to be appropriated9906€605k€164k▼
Profit (loss) brought forward from the previous period14P€624k€0▼
Transfer to equity691/2€605k€164k▼
To other reserves6921€605k€164k▼
Social balance
Average headcount (FTE)90876.28.4▲
The notes to these accounts (13 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
06-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €164k
Net result €164k after one loss-making year.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-19k ▼108%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €248k ▲170%
Operating result €331k, net result €248k, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
31-12
Financial
Back to profitnet €165k
Net result €165k after one loss-making year.
31-12
Financial
Equity above €500kEq €550k ▲36.5%
Equity rises from €403k to €550k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2004
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.
Fonsnylaan 8-91060 Sint-Gillis (bij-Brussel)Ground area
486 m²
Building footprint
313 m²
Volume, LiDAR
6,048 m³
Parcel 21562A0392/00H000, Brussels · tallest building 32.1 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Fierce Enterprise
since 20042.134.601.202
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0392/00H000 | Brussels | 486 m² | 1 · 312 m² | 32.1 m · 8 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Gillis2.134.601.202
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F.B.M. - BELGIQUE
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Of 2,384 companies in sector 55100 we hold annual accounts for 1,507. 959 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-08-2003
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
55101Hotels
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.