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FIERS

Active Private limited company (pre-2019)founded 1978active for 47 yearsNinoofsesteenweg 557A, 9600 RonseKBO/BCE: BE 0418.917.264 #2 company by total assets in Ronse, Other services sector

Lifetime

20 annual accounts with figures on one time axis, 45 filings since 1979
peak €749,760 (2025)
€749,760▲ 47.8%
lowest -€11,051 (2018)
€7,033▼ 58.0%
peak €444,350 (2025)
€444,350▲ 1.6%
€2.6m▼ 6.4%
peak 5 FTE (2008)
3 FTEunchanged
Board1 name since 2021
1 director
Owners
  
Documentsfilings and deeds
13-07-202618 days before the deadline
2025abbreviated format
Gross margin from €507,168 to €749,760Result from €16,735 to €7,033

Key points

from the 2025 annual accounts

Equity

€444,350 ▲ 1.6%

FIERS has made a profit without a break since 2019.

Turnover

≈ €2.9m estimated

The accounts state no turnover.

Debts

€2.6m 79% of the balance sheet
Financial debts 63%Suppliers 9%Taxes and wages 1%Other 27%

Of this, €1.8m falls due within a year.

Staff

3 FTE from 5 in 2008

Between 2008 and 2025, 40% of the full-time equivalents disappeared.

Filings

45 annual accounts since 1979
AprilJune31 JulyOctober1980199520102025

Two of the last ten came late. The 2016 accounts came latest: 57 days after the end of the period.

Position in the sector

13.7%

Lower solvency than 83% of companies in repair of computers and personal goods. Sector median 43.5% · 1,295 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,986 companies had the same profile as FIERS has now. Each dot stands for 10 companies, two years later.

96.4%
were still trading
2.4%
stopped another way
1.1%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,986 companies, not a prediction for FIERS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
  • 100%annual accounts 2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0418917264
First establishment Ninoofsesteenweg 557, Ronse
All 54 events

Comparable companies

same main activity, similar in size and age
Company
FIERS Ronse €3.2m €0.7m 13.7% 3
Garage Heyndrickx Roeselare €3.0m €0.7m 70.0% 3.2
GARAGE WILLEMS M. Lokeren €3.0m €0.9m 21.1% 4
GARAGE BOLS Ravels €2.9m €0.9m 36.7% 3.5
STATION GARAGE HUMA Dilbeek €2.8m €0.9m 72.9% 3.7
Garage Cappon Ichtegem €2.9m €0.6m 58.3% 3
H.M.K. Saint-Vith €2.9m €1.0m 81.0% 3

These companies have the same main activity as FIERS: general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311). They are comparable in size and age: total assets between €2.8m and €3m, founded between 1968 and 1991.

Official details

Source: KBO
Status
Active since 28-11-1978Normal situation
Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes)NACE 95311and 2 others
Establishment unit
2.015.628.3269600 Ronse, since 01-02-1995
Financial year end
31 December
Peppol
Reachable since 12-01-2026
Company details

Annual accounts 2025

€3.2m▲ 0.5%
Employeeson 31-12-2025
3=
Filing
Filed on 13-07-2026, 18 days before the end of the filing period
Financials

Insights on FIERS

FIERS files the abbreviated format. That format states no turnover. The gross margin rose from €282,017 in 2006 to €749,760 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FIERS

What is the company number of FIERS?
The company number of FIERS is 0418.917.264. The VAT number is the same number with BE in front: BE 0418.917.264.
Where is FIERS based?
The registered office is at Ninoofsesteenweg 557A, 9600 Ronse.Company details
What does FIERS do?
According to the KBO register, the main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311).
What is the legal form of FIERS?
FIERS is a private limited company (pre-2019) (BVBA).
When was FIERS founded?
FIERS was founded on 28-11-1978.
Is FIERS still active?
Yes, FIERS is an active enterprise in the KBO register.
How many employees does FIERS have?
FIERS had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FIERS?
The turnover in financial year 2025 is ≈ €2.9m. This figure is estimated from the gross margin of €749,760 and 35 comparable companies (NACE 953). It probably lies between €2.1m and €3.8m.
Is FIERS profitable?
In financial year 2025, FIERS made a profit of €7,033.
Where can I find the annual accounts of FIERS?
FIERS filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FIERS due?
FIERS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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