FIERENS
ActiveSummary
FIERENS has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.38M and a net result of €354k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 77% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-4
Solvency93▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 3.05 against 6.39 in 2024; short-term debt: 31.6% and cash: 24.5% of total assets), and 31.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
68.2%
Return on assets
17.5%
Age of the figures
9 mo
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 10-04-2026, 112 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
112 d early
2024
129 d early
2023
146 d early
2022
26 d early
2021
80 d early
2020
99 d early
2019
64 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.38M▼ 7.6%
2024 · €1.50M
2018: €1.08M
2019: €1.24M
2020: €1.24M
2021: €1.14M
2022: €1.30M
2023: €1.46M
2024: €1.50M
2018 → 2025
Total assets
€2.03M▲ 14.8%
2024 · €1.77M
2018: €1.24M
2019: €1.41M
2020: €1.34M
2021: €1.30M
2022: €1.52M
2023: €1.63M
2024: €1.77M
2018 → 2025
Net result
€354k▼ 3.0%
2024 · €365k
2018: €166k
2019: €165k
2020: €189k
2021: €281k
2022: €268k
2023: €296k
2024: €365k
2018 → 2025
Working capital
€1.31M▼ 7.9%
2024 · €1.43M
2018: €950k
2019: €1.12M
2020: €1.16M
2021: €1.09M
2022: €1.23M
2023: €1.42M
2024: €1.43M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.14M-€1.30M▲ 13.3%€1.46M▲ 12.8%€1.50M▲ 2.5%€1.38M▼ 7.6%
Operating result€387k-€364k▼ 5.8%€413k▲ 13.4%€510k▲ 23.5%€496k▼ 2.9%
Net result€281k-€268k▼ 4.5%€296k▲ 10.5%€365k▲ 23.3%€354k▼ 3.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.03M
Fixed assets
€75k ▼ 3.5%
Current assets
€1.95M ▲ 15.6%
Equity and liabilities €2.03M
Equity
€1.38M ▼ 7.6%
Debt
€644k ▲ 139%
Debt's share of the balance-sheet total rises from 15.2% to 31.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€519k▼
2024 · €530k
Cash flow
€377k▼
2024 · €385k
Current ratio
3.05▼
2024 · 6.39
Quick ratio
2.40▼
2024 · 5.17
Debt to equity
0.47▲
2024 · 0.18
ROE
25.6%▲
2024 · 24.4%
ROA
17.5%▼
2024 · 20.7%
Interest coverage
126.71▲
2024 · 96.74
Debt ≤ 1 year
€641k▲
2024 · €264k
Income taxes
€163k▼
2024 · €165k
Staff costs
€428k▼
2024 · €434k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.77M€2.03M▲
Fixed assets21/28€78k€75k▼
Intangible fixed assets21-€6k
Tangible fixed assets22/27€78k€69k▼
Land and buildings22€14k€10k▼
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€61k€55k▼
Current assets29/58€1.69M€1.95M▲
Stocks and contracts in progress3€322k€416k▲
Stocks30/36€284k€297k▲
Contracts in progress37€38k€119k▲
Amounts receivable within one year40/41€62k€115k▲
Trade receivables40€39k€115k▲
Other amounts receivable41€23k€0▼
Current investments50/53€612k€913k▲
Cash at bank and in hand54/58€682k€498k▼
Deferred charges and accrued income490/1€12k€12k▲
Equity and liabilities
Total equity and liabilities10/49€1.77M€2.03M▲
Equity10/15€1.50M€1.38M▼
Contributions10/11€25k€25k=
Reserves13€1.47M€1.36M▼
Distributable reserves133€1.47M€1.36M▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€269k€644k▲
Amounts payable within one year42/48€264k€641k▲
Trade debts44€7k€8k▲
Suppliers440/4€7k€8k▲
Taxes, remuneration and social security45€61k€94k▲
Taxes450/3€41k€71k▲
Remuneration and social security454/9€20k€22k▲
Other amounts payable47/48€196k€539k▲
Accrued charges and deferred income492/3€5k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€434k€428k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€23k▲
Other operating charges640/8€6k€8k▲
Gross operating margin9900€970k€955k▼
Operating profit (loss)9901€510k€496k▼
Financial income75/76B€26k€26k▲
Recurring financial income75€26k€26k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€530k€518k▼
Income taxes67/77€165k€163k▼
Profit (loss) for the period9904€365k€354k▼
Profit (loss) for the period to be appropriated9905€365k€354k▼
Appropriation of the result
Profit (loss) to be appropriated9906€365k€354k▼
Transfer from equity791/2€329k€468k▲
Transfer to equity691/2€365k€354k▼
To other reserves6921€365k€354k▼
Profit to be distributed694/7€329k€468k▲
Return on contributions (dividend)694€329k€468k▲
Social balance
Average headcount (FTE)90876.05.8▼
The notes to these accounts (10 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
10-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €365k ▲23.3%
Operating result €510k, net result €365k, both a record.
07-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €165k ▼0.7%
Net result drops to €165k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Mechelen · 1 establishment unit since 1985
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.
Gentsesteenweg 1072800 MechelenGround area
5,512 m²
Building footprint
376 m²
Volume, LiDAR
3,697 m³
Parcel 12404G0323/00L003, Flanders · tallest building 14.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Gentsesteenweg 107, 2800 Mechelen
since 19852.025.999.210
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12404G0323/00L003 | Flanders | 5,512 m² | 1 · 376 m² | 14.2 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 4,470 EUR awarded · 7,470 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,470 EUR | 2,610 EUR |
| 2023 | 1 | 0 EUR | 3,540 EUR |
| 2022 | 1 | 3,000 EUR | 1,320 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 1,316 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-12-1984
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.