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FIERNO

Active
Private limited companyfounded 20251 yr activeBedevaartstraat 12, 8490 Jabbeke, BelgiumKBO/BCE: BE 1024.981.578
Summary

The computed 12-month bankruptcy probability of FIERNO is 1.6% (moderate). The 2025 annual accounts show equity of €34,582 and a net result of €14,582. Its solvency ranks better than 12% of 28184 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability72
Solvency32
Growth-
Track record67
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.16; short-term debt: 67.7% and cash: 1% of total assets), and 93.2% of the assets are financed with debt.
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Signals

Five 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
6.8%
Return on assets
2.8%
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 12% of 28184 sector peers (2025).
NBB · sector comparison
Position among 28184 sector peers
Solvency
better than 12%
← 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 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

FIERNO was incorporated on 1 July 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€34,582
Total assets
€511,956
Net result
€14,582
Working capital
€56,215

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €511,956
Fixed assets €109,375
Current assets €402,581
Equity and liabilities €511,956
Equity €34,582
Debt €477,374
Debt finances 93.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€34,675
Cash flow
€26,574
Current ratio
1.16
Quick ratio
0.88
Debt to equity
13.80
ROE
42.2%
ROA
2.8%
Interest coverage
13.41
Debt ≤ 1 year
€346,366
Debt > 1 year
€131,008
Income taxes
€5,514

Peer companies

Historical observation

Of the 139 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 99% are still going.

  • Small
  • under 2 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
0% went bankrupt
0.7% stopped otherwise
99% still going

For this company itself Checked computes a higher bankruptcy probability: 1.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 139 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
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€511,956
Fixed assets21/28€109,375
Tangible fixed assets22/27€109,375
Plant, machinery and equipment23€82,177
Furniture and vehicles24€27,198
Current assets29/58€402,581
Stocks and contracts in progress3€96,500
Stocks30/36€96,500
Amounts receivable within one year40/41€299,673
Trade receivables40€216,286
Other amounts receivable41€83,386
Cash at bank and in hand54/58€4,959
Deferred charges and accrued income490/1€1,449
Equity and liabilities
Total equity and liabilities10/49€511,956
Equity10/15€34,582
Contributions10/11€20,000
Profit (loss) carried forward14€14,582
Amounts payable17/49€477,374
Amounts payable after more than one year17€131,008
Financial debts170/4€131,008
Amounts payable within one year42/48€346,366
Current portion of amounts payable after more than one year42€22,511
Trade debts44€306,236
Suppliers440/4€306,236
Taxes, remuneration and social security45€17,619
Taxes450/3€17,619
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,993
Other operating charges640/8€874
Gross operating margin9900€35,549
Operating profit (loss)9901€22,682
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€2,586
Recurring financial charges65€2,586
Profit (loss) for the period before taxes9903€20,096
Income taxes67/77€5,514
Profit (loss) for the period9904€14,582
Profit (loss) for the period to be appropriated9905€14,582
Appropriation of the result
Profit (loss) to be appropriated9906€14,582

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,993
Other operating charges640/8€874
Gross operating margin9900€35,549
Operating profit (loss)9901€22,682
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€2,586
Recurring financial charges65€2,586
Profit (loss) for the period before taxes9903€20,096
Income taxes67/77€5,514
Profit (loss) for the period9904€14,582
Profit (loss) for the period to be appropriated9905€14,582
Line2025
Assets
Total assets20/58€511,956
Fixed assets21/28€109,375
Tangible fixed assets22/27€109,375
Plant, machinery and equipment23€82,177
Furniture and vehicles24€27,198
Current assets29/58€402,581
Stocks and contracts in progress3€96,500
Stocks30/36€96,500
Amounts receivable within one year40/41€299,673
Trade receivables40€216,286
Other amounts receivable41€83,386
Cash at bank and in hand54/58€4,959
Deferred charges and accrued income490/1€1,449
Equity and liabilities
Total equity and liabilities10/49€511,956
Equity10/15€34,582
Contributions10/11€20,000
Profit (loss) carried forward14€14,582
Amounts payable17/49€477,374
Amounts payable after more than one year17€131,008
Financial debts170/4€131,008
Amounts payable within one year42/48€346,366
Current portion of amounts payable after more than one year42€22,511
Trade debts44€306,236
Suppliers440/4€306,236
Taxes, remuneration and social security45€17,619
Taxes450/3€17,619
Line2025
Profit (loss) for the period9904€14,582
+ Depreciation and write-downs630€11,993
Operating cash flow (approximation)€26,574

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Jabbeke · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
1,310 m²
Building footprint
503 m²
Volume, LiDAR
1,773 m³
Parcel 31041A0687/00V000, Flanders · tallest building 5.3 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
FIERNO
Bedevaartstraat 12, 8490 JabbekeGeneral electrical installation work
since 20252.375.427.357
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31041A0687/00V000 Flanders 1,310 m² 1 · 503 m² 5.3 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 8,154 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded01-07-2025
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1024981578
Registered 24-11-2025

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.