FIFO
ActiveFIFO has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €478k and a net result of €-25k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 78% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▼-2
Solvency92▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.96 against 3.1 in 2024; short-term debt: 32.7% and cash: 0.6% of total assets), and 32.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-25k
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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
56 d late
2022
7 d late
2021
107 d late
2020
240 d late
2019
31 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€478k▼ 5.0%
2024 · €503k
2018: €421k
2019: €421k
2020: €484k
2021: €518k
2022: €546k
2023: €521k
2024: €503k
2018 → 2025
Total assets
€710k▼ 2.2%
2024 · €726k
2018: €610k
2019: €568k
2020: €621k
2021: €662k
2022: €694k
2023: €721k
2024: €726k
2018 → 2025
Net result
€-25k▼ 41.7%
2024 · €-18k
2018: €13k
2019: €709
2020: €62k
2021: €-79k
2022: €28k
2023: €-25k
2024: €-18k
2018 → 2025
Working capital
€454k▼ 3.2%
2024 · €470k
2018: €523k
2019: €528k
2020: €592k
2021: €515k
2022: €524k
2023: €479k
2024: €470k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€518k-€546k▲ 5.4%€521k▼ 4.6%€503k▼ 3.4%€478k▼ 5.0%
Operating result€33k-€29k▼ 12.0%€-29k€-12k▲ 56.3%€-21k▼ 64.8%
Net result€-79k-€28k€-25k€-18k▲ 29.1%€-25k▼ 41.7%
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 €21k in 2025 against €12k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €710k
Fixed assets
€23k▼ 30.0%
Current assets
€687k▼ 0.9%
Equity and liabilities €710k
Equity
€478k▼ 5.0%
Debt
€232k▲ 4.0%
The debt ratio rises from 30.8% to 32.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-11k▼
2024 · €-2k
Cash flow
€-15k▼
2024 · €-8k
Solvency
67.3%▼
2024 · 69.2%
Current ratio
2.96▼
2024 · 3.10
Quick ratio
2.96▼
2024 · 3.10
Debt / equity
0.49▲
2024 · 0.44
ROE
-5.3%▼
2024 · -3.5%
ROA
-3.5%▼
2024 · -2.4%
Interest coverage
-0.82▼
2024 · -0.17
Debt
€232k▲
2024 · €223k
Debt ≤ 1 year
€232k▲
2024 · €223k
Staff costs
€207k▲
2024 · €205k
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€726k€710k▼
Fixed assets21/28€33k€23k▼
Tangible fixed assets22/27€33k€23k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€31k€22k▼
Current assets29/58€693k€687k▼
Amounts receivable after more than one year29€540k€540k=
Other amounts receivable291€540k€540k=
Amounts receivable within one year40/41€105k€134k▲
Trade receivables40€137€29k▲
Other amounts receivable41€105k€105k=
Cash at bank and in hand54/58€43k€4k▼
Deferred charges and accrued income490/1€5k€9k▲
Equity and liabilities
Total equity and liabilities10/49€726k€710k▼
Equity10/15€503k€478k▼
Contributions10/11€240k€240k=
Reserves13€306k€306k=
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Distributable reserves133€301k€301k=
Profit (loss) carried forward14€-43k€-68k▼
Amounts payable17/49€223k€232k▲
Amounts payable within one year42/48€223k€232k▲
Trade debts44€1k€8k▲
Suppliers440/4€1k€8k▲
Taxes, remuneration and social security45€37k€44k▲
Taxes450/3€15k€16k▲
Remuneration and social security454/9€22k€29k▲
Other amounts payable47/48€185k€180k▼
Income statement
Code20242025
Remuneration, social security and pensions62€205k€207k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Other operating charges640/8€867€1k▲
Gross operating margin9900€203k€198k▼
Operating profit (loss)9901€-12k€-21k▼
Financial income75/76B€8k€8k▲
Recurring financial income75€8k€8k▲
Financial charges65/66B€14k€13k▼
Recurring financial charges65€14k€13k▼
Profit (loss) for the period before taxes9903€-18k€-25k▼
Profit (loss) for the period9904€-18k€-25k▼
Profit (loss) for the period to be appropriated9905€-18k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-43k€-68k▼
Profit (loss) brought forward from the previous period14P€-25k€-43k▼
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 107 days late
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 240 days late
2021
31-12
Financial
Weakest financial yearnet €-79k ▼227%
Net result drops to €-79k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €518k ▲7%
Equity rises from €484k to €518k.
2020
30-11
Financial
Highest result since 2018net €62k ▲8694%
Operating result €63k, net result €62k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-11
Financial
Liquidity doublescurrent ratio 16.91
Current ratio from 7.88 to 16.91; short-term debt falls from €76k to €33k.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 62 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Herent · 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.
Elststraat 1183020 HerentGround area
2,225 m²
Building footprint
1,439 m²
Volume, LiDAR
7,486 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FIFO
since 20042.206.995.468
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24505F0167/00R006 | Flanders | 1,717 m² | 1 · 1,320 m² | 7.7 m · 2 fl. |
| 24422E0133/00T005 | Flanders | 508 m² | 1 · 119 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
CHICKENDALES
BE 0477.718.169
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ROGER VDK+
BE 0679.720.570
Roeselare · Eq €472k
LE ROI DU POULET
BE 0867.529.792
Nivelles · Eq €471k
CORNELIS KIP
BE 0740.885.604
Tessenderlo-Ham · Eq €469k
VITAPRIM
BE 0795.363.277
Mouscron · Eq €490k
Of 3,827 companies in sector 47210 we hold annual accounts for 966. 552 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-08-2004
Fiscal year end31-12
Activities, NACEBEL
47210Retail sale of fruit and vegetables
46319Wholesale of fruit and vegetables, excluding potatoes
46391Wholesale trade
47110Non-specialised retail sale with food, beverages or tobacco predominating
47111Retail trade
51310
51391
52111
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.