FIEVET CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of FIEVET CONCEPT is 4.2% (elevated). The 2024 annual accounts show equity of €21k and a net result of €-17k. Equity is shrinking by ~19.9% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency71▼-15
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 5.26 against 8.86 in 2023; short-term debt: 13.5% and cash: 15.6% of total assets), but 53.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
46.4%
Return on assets
-39%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
21222324
2021 to 2024 · latest year €-17k
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 10-06-2025, 51 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
6 d late
2022
30 d late
2021
57 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€21k▼ 45.7%
2023 · €38k
2021: €29k
2022: €49k▲ +68.2% vs 2021highest in 4 years
2023: €38k▼ -21.8% vs 2022
2024: €21k▼ -45.7% vs 2023lowest in 4 years
2021 → 2024
Total assets
€45k▼ 28.1%
2023 · €62k
2021: €65k
2022: €83k▲ +27.7% vs 2021highest in 4 years
2023: €62k▼ -24.7% vs 2022
2024: €45k▼ -28.1% vs 2023lowest in 4 years
2021 → 2024
Net result
€-17k▼ 63.9%
2023 · €-11k
2021: €27khighest in 4 years
2022: €20k▼ -26.7% vs 2021
2023: €-11k▼ -154% vs 2022
2024: €-17k▼ -63.9% vs 2023lowest in 4 years
2021 → 2024
Working capital
€26k▼ 36.3%
2023 · €40k
2021: €34k
2022: €54k▲ +60.4% vs 2021highest in 4 years
2023: €40k▼ -25.5% vs 2022
2024: €26k▼ -36.3% vs 2023lowest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€29k-€49k▲ 68.2%€38k▼ 21.8%€21k▼ 45.7%
2021: €29k
2022: €49k▲ +68.2% vs 2021highest in 4 years
2023: €38k▼ -21.8% vs 2022
2024: €21k▼ -45.7% vs 2023lowest in 4 years
Operating result€27k-€29k▲ 6.1%€-11k€-17k▼ 59.1%
2021: €27k
2022: €29k▲ +6.1% vs 2021highest in 4 years
2023: €-11k▼ -138% vs 2022
2024: €-17k▼ -59.1% vs 2023lowest in 4 years
Net result€27k-€20k▼ 26.7%€-11k€-17k▼ 63.9%
2021: €27khighest in 4 years
2022: €20k▼ -26.7% vs 2021
2023: €-11k▼ -154% vs 2022
2024: €-17k▼ -63.9% vs 2023lowest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17k in 2024 against €11k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €45k
Fixed assets
€13k ▼ 22.6%
Current assets
€32k ▼ 30.2%
Equity and liabilities €45k
Equity
€21k ▼ 45.7%
Debt
€24k ▼ 0.4%
Debt's share of the balance-sheet total rises from 38.7% to 53.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-12k▼
2023 · €-7k
Cash flow
€-12k▼
2023 · €-7k
Current ratio
5.26▼
2023 · 8.86
Quick ratio
2.38▼
2023 · 4.05
Debt to equity
1.16▲
2023 · 0.63
ROE
-84.0%▼
2023 · -27.9%
ROA
-39.0%▼
2023 · -17.1%
Interest coverage
-116.23▼
2023 · -38.39
Debt ≤ 1 year
€6k▲
2023 · €5k
Debt > 1 year
€18k▼
2023 · €19k
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 · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€62k€45k▼
Fixed assets21/28€17k€13k▼
Tangible fixed assets22/27€15k€11k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€10k€8k▼
Financial fixed assets28€2k€2k=
Current assets29/58€45k€32k▼
Stocks and contracts in progress3€25k€17k▼
Stocks30/36€25k€17k▼
Amounts receivable within one year40/41€2k€5k▲
Trade receivables40€688€4k▲
Other amounts receivable41€884€433▼
Cash at bank and in hand54/58€19k€7k▼
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€62k€45k▼
Equity10/15€38k€21k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€36k€19k▼
Amounts payable17/49€24k€24k▼
Amounts payable after more than one year17€19k€18k▼
Financial debts170/4€19k€18k▼
Amounts payable within one year42/48€5k€6k▲
Trade debts44€613€458▼
Suppliers440/4€613€458▼
Taxes, remuneration and social security45€350€663▲
Taxes450/3€350€663▲
Other amounts payable47/48€4k€5k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€814€722▼
Gross operating margin9900€-6k€-11k▼
Operating profit (loss)9901€-11k€-17k▼
Financial charges65/66B€177€102▼
Recurring financial charges65€177€102▼
Profit (loss) for the period before taxes9903€-11k€-17k▼
Income taxes67/77€-433-
Profit (loss) for the period9904€-11k€-17k▼
Profit (loss) for the period to be appropriated9905€-11k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€19k▼
Profit (loss) brought forward from the previous period14P€47k€36k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €5k | - | - | - |
| Remuneration, social security and pensions62 | €5k | €5k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €2k | €4k | €5k | ▲ 32.8% |
| Other operating charges640/8 | €679 | €869 | €814 | €722 | ▼ 11.3% |
| Non-recurring operating charges66A | €2k | €363 | - | - | - |
| Gross operating margin9900 | €39k | €37k | €-6k | €-11k | ▼ 86.8% |
| Operating profit (loss)9901 | €27k | €29k | €-11k | €-17k | ▼ 59.1% |
| Financial charges65/66B | €106 | €71 | €177 | €102 | ▼ 42.2% |
| Recurring financial charges65 | €106 | €71 | €177 | €102 | ▼ 42.2% |
| Profit (loss) for the period before taxes9903 | €27k | €29k | €-11k | €-17k | ▼ 57.5% |
| Income taxes67/77 | - | €9k | €-433 | - | - |
| Profit (loss) for the period9904 | €27k | €20k | €-11k | €-17k | ▼ 63.9% |
| Profit (loss) for the period to be appropriated9905 | €27k | €20k | €-11k | €-17k | ▼ 63.9% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €65k | €83k | €62k | €45k | ▼ 28.1% |
| Fixed assets21/28 | €15k | €15k | €17k | €13k | ▼ 22.6% |
| Tangible fixed assets22/27 | €13k | €12k | €15k | €11k | ▼ 26.2% |
| Plant, machinery and equipment23 | €8k | €6k | €4k | €3k | ▼ 40.6% |
| Furniture and vehicles24 | €5k | €6k | €10k | €8k | ▼ 20.0% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €50k | €68k | €45k | €32k | ▼ 30.2% |
| Stocks and contracts in progress3 | €26k | €14k | €25k | €17k | ▼ 29.7% |
| Stocks30/36 | €26k | €14k | €25k | €17k | ▼ 29.7% |
| Amounts receivable within one year40/41 | €2k | €70 | €2k | €5k | ▲ 204% |
| Trade receivables40 | €908 | - | €688 | €4k | ▲ 531% |
| Other amounts receivable41 | €1k | €70 | €884 | €433 | ▼ 51.1% |
| Cash at bank and in hand54/58 | €21k | €53k | €19k | €7k | ▼ 63.5% |
| Deferred charges and accrued income490/1 | - | €1k | - | €3k | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €65k | €83k | €62k | €45k | ▼ 28.1% |
| Equity10/15 | €29k | €49k | €38k | €21k | ▼ 45.7% |
| Contributions10/11 | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €27k | €47k | €36k | €19k | ▼ 48.2% |
| Amounts payable17/49 | €36k | €34k | €24k | €24k | ▼ 0.4% |
| Amounts payable after more than one year17 | €20k | €20k | €19k | €18k | ▼ 5.3% |
| Financial debts170/4 | €20k | €20k | €19k | €18k | ▼ 5.3% |
| Amounts payable within one year42/48 | €16k | €14k | €5k | €6k | ▲ 17.7% |
| Trade debts44 | €4k | €1k | €613 | €458 | ▼ 25.3% |
| Suppliers440/4 | €4k | €1k | €613 | €458 | ▼ 25.3% |
| Advances received on contracts in progress46 | - | €490 | - | - | - |
| Taxes, remuneration and social security45 | €4k | €9k | €350 | €663 | ▲ 89.3% |
| Taxes450/3 | €3k | €9k | €350 | €663 | ▲ 89.3% |
| Remuneration and social security454/9 | €1k | - | - | - | - |
| Other amounts payable47/48 | €8k | €3k | €4k | €5k | ▲ 18.0% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27k | €20k | €-11k | €-17k | ▼ 63.9% |
| + Depreciation and write-downs630 | €4k | €2k | €4k | €5k | ▲ 32.8% |
| Operating cash flow (approximation) | €31k | €22k | €-7k | €-12k | ▼ 83.5% |
| Investment in fixed assets (approximation) | - | €-2k | €-6k | €-2k | ▲ 73.8% |
| Change in cash | - | €31k | €-33k | €-12k | ▲ 63.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Rebecq · 1 establishment unit since 2021
Ground area
663 m²
Building footprint
141 m²
Parcel 25090C0060/00F000, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Fievet Concept
since 20212.314.547.781
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25090C0060/00F000 | Wallonia | 663 m² | 1 · 141 m² | - |
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.
Identification & contact
Identification
Legal formPrivate limited company
Founded28-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
82100Office administrative and support services
96230Day spas, saunas and steam baths
Contact
Phone
+3200000000
Scores and ratios are computed by Checked and are not a credit decision.