FILBECO
ActiveSummary
FILBECO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €354,590 and a net result of €36,643. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 45% of 9634 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability44▼-32
Solvency59▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.01 against 1.2 in 2023; short-term debt: 56.3% and cash: 17.3% of total assets), and 66.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
91 d late
2023
76 d late
2022
31 d late
2021
27 d late
2020
24 d late
2019
101 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 58 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€354,590▲ 11.5%
2023 · €317,947
Total assets
€1.1m▲ 25.5%
2023 · €837,873
Net result
€36,643▼ 53.3%
2023 · €78,547
Working capital
€7,315▼ 90.7%
2023 · €79,068
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€52,436▲ 51.0%€86,472▲ 64.9%€28,163▼ 67.4%€149,938▲ 432%€110,533▼ 26.3%
Net result€27,064within the sector's middle half▲ 1,105%€43,748within the sector's middle half▲ 61.6%€5,092within the sector's middle half▼ 88.4%€78,547within the sector's middle half▲ 1,442%€36,643within the sector's middle half▼ 53.3%
Equity€190,559within the sector's middle half▲ 16.6%€234,307within the sector's middle half▲ 23.0%€239,399within the sector's middle half▲ 2.2%€317,947within the sector's middle half▲ 32.8%€354,590within the sector's middle half▲ 11.5%
Total assets€651,036within the sector's middle half▼ 11.5%€660,622within the sector's middle half▲ 1.5%€648,836within the sector's middle half▼ 1.8%€837,873within the sector's middle half▲ 29.1%€1.1mwithin the sector's middle half▲ 25.5%
Debt€448,859▼ 19.9%€414,697▼ 7.6%€397,819▼ 4.1%€508,309▲ 27.8%€685,393▲ 34.8%
Working capital€178,623within the sector's middle half▲ 18.3%€188,852within the sector's middle half▲ 5.7%€150,996within the sector's middle half▼ 20.0%€79,068within the sector's middle half▼ 47.6%€7,315below the sector's middle half▼ 90.7%
Solvency29.3%within the sector's middle half▲ 7.0pp35.5%within the sector's middle half▲ 6.2pp36.9%within the sector's middle half▲ 1.4pp37.9%within the sector's middle half▲ 1.1pp33.7%within the sector's middle half▼ 4.2pp
Current ratio1.80within the sector's middle half▲ 0.231.77within the sector's middle half▼ 0.021.58within the sector's middle half▼ 0.201.20within the sector's middle half▼ 0.381.01below the sector's middle half▼ 0.18
Return on assets (ROA)4.2%within the sector's middle half▲ 3.9pp6.6%within the sector's middle half▲ 2.5pp0.8%within the sector's middle half▼ 5.8pp9.4%within the sector's middle half▲ 8.6pp3.5%within the sector's middle half▼ 5.9pp
Staff (FTE)3.2within the sector's middle half▲ 28.0%3.1within the sector's middle half▼ 3.1%3.1within the sector's middle half=3.5within the sector's middle half▲ 12.9%4.5within the sector's middle half▲ 28.6%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
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 2024; 2024 is 26% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.1m
Fixed assets
€452,719 ▲ 27.0%
Current assets
€598,882 ▲ 24.4%
Equity and liabilities €1.1m
Equity
€354,590 ▲ 11.5%
Provisions
€11,618 =
Debt
€685,393 ▲ 34.8%
Debt's share of the balance-sheet total rises from 60.7% to 65.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€131,037▼
2023 · €171,257
Cash flow
€57,147▼
2023 · €99,867
Quick ratio
0.90▼
2023 · 1.07
Debt to equity
1.93▲
2023 · 1.60
ROE
10.3%▼
2023 · 24.7%
Interest coverage
2.50▼
2023 · 5.44
Debt ≤ 1 year
€591,566▲
2023 · €402,306
Debt > 1 year
€67,173▼
2023 · €96,260
Income taxes
€21,450▼
2023 · €39,912
Staff costs
€190,946▲
2023 · €147,107
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.8%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 10,905 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €35,827 | - |
| Remuneration, social security and pensions62 | - | €120,651 | €135,623 | €147,107 | €190,946 | ▲ 29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €69,710 | €20,459 | €19,222 | €21,319 | €20,504 | ▼ 3.8% |
| Other operating charges640/8 | - | €7,233 | €6,620 | €5,929 | €12,139 | ▲ 105% |
| Gross operating margin9900 | €230,882 | €234,814 | €189,627 | €324,293 | €334,123 | ▲ 3.0% |
| Operating profit (loss)9901 | €52,436 | €86,472 | €28,163 | €149,938 | €110,533 | ▼ 26.3% |
| Financial income75/76B | - | €41 | €135 | €22 | €27 | ▲ 19.9% |
| Recurring financial income75 | €8 | €41 | €135 | €22 | €27 | ▲ 19.9% |
| Financial charges65/66B | - | €21,444 | €18,289 | €31,501 | €52,467 | ▲ 66.6% |
| Recurring financial charges65 | €21,487 | €21,444 | €18,289 | €31,501 | €52,467 | ▲ 66.6% |
| Profit (loss) for the period before taxes9903 | €30,957 | €65,068 | €10,009 | €118,459 | €58,093 | ▼ 51.0% |
| Income taxes67/77 | €3,893 | €21,320 | €4,917 | €39,912 | €21,450 | ▼ 46.3% |
| Profit (loss) for the period9904 | €27,064 | €43,748 | €5,092 | €78,547 | €36,643 | ▼ 53.3% |
| Profit (loss) for the period to be appropriated9905 | €27,064 | €43,748 | €5,092 | €78,547 | €36,643 | ▼ 53.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €651,036 | €660,622 | €648,836 | €837,873 | €1.1m | ▲ 25.5% |
| Fixed assets21/28 | €248,116 | €227,657 | €235,838 | €356,499 | €452,719 | ▲ 27.0% |
| Tangible fixed assets22/27 | €248,116 | €227,657 | €235,838 | €356,499 | €452,719 | ▲ 27.0% |
| Land and buildings22 | - | €196,300 | €196,300 | €284,254 | €383,654 | ▲ 35.0% |
| Plant, machinery and equipment23 | - | €10,141 | €28,930 | €72,245 | €69,065 | ▼ 4.4% |
| Furniture and vehicles24 | - | €21,216 | €10,608 | - | - | - |
| Current assets29/58 | €402,920 | €432,964 | €412,998 | €481,374 | €598,882 | ▲ 24.4% |
| Stocks and contracts in progress3 | €82,203 | €47,890 | €41,283 | €51,107 | €66,592 | ▲ 30.3% |
| Stocks30/36 | - | €47,890 | €41,283 | €51,107 | €66,592 | ▲ 30.3% |
| Amounts receivable within one year40/41 | €249,360 | €327,862 | €270,435 | €327,586 | €344,088 | ▲ 5.0% |
| Trade receivables40 | - | €248,015 | €206,315 | €263,670 | €301,172 | ▲ 14.2% |
| Other amounts receivable41 | - | €79,847 | €64,120 | €63,916 | €42,916 | ▼ 32.9% |
| Cash at bank and in hand54/58 | €69,612 | €56,213 | €97,266 | €101,841 | €181,974 | ▲ 78.7% |
| Deferred charges and accrued income490/1 | - | €1,000 | €4,015 | €840 | €6,226 | ▲ 641% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €651,036 | €660,622 | €648,836 | €837,873 | €1.1m | ▲ 25.5% |
| Equity10/15 | €190,559 | €234,307 | €239,399 | €317,947 | €354,590 | ▲ 11.5% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €41,860 | €41,860 | €41,860 | €114,860 | €150,860 | ▲ 31.3% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €40,000 | €40,000 | €114,860 | €150,860 | ▲ 31.3% |
| Profit (loss) carried forward14 | €130,099 | €173,847 | €178,939 | €184,487 | €185,130 | ▲ 0.3% |
| Provisions and deferred taxes16 | €11,618 | €11,618 | €11,618 | €11,618 | €11,618 | = |
| Provisions for liabilities and charges160/5 | - | €11,618 | €11,618 | €11,618 | €11,618 | = |
| Major repairs and maintenance162 | - | €11,618 | €11,618 | €11,618 | €11,618 | = |
| Amounts payable17/49 | €448,859 | €414,697 | €397,819 | €508,309 | €685,393 | ▲ 34.8% |
| Amounts payable after more than one year17 | €220,298 | €165,758 | €127,437 | €96,260 | €67,173 | ▼ 30.2% |
| Financial debts170/4 | - | €165,758 | €127,437 | €96,260 | €67,173 | ▼ 30.2% |
| Amounts payable within one year42/48 | €224,298 | €244,113 | €262,003 | €402,306 | €591,566 | ▲ 47.0% |
| Current portion of amounts payable after more than one year42 | - | €52,247 | €35,990 | €30,444 | €29,216 | ▼ 4.0% |
| Trade debts44 | €30,177 | €67,280 | €76,857 | €100,862 | €56,237 | ▼ 44.2% |
| Suppliers440/4 | - | €67,280 | €76,857 | €100,862 | €56,237 | ▼ 44.2% |
| Taxes, remuneration and social security45 | - | €48,363 | €53,139 | €64,604 | €110,691 | ▲ 71.3% |
| Taxes450/3 | - | €25,980 | €33,120 | €44,519 | €67,904 | ▲ 52.5% |
| Remuneration and social security454/9 | - | €22,383 | €20,019 | €20,086 | €42,787 | ▲ 113% |
| Other amounts payable47/48 | - | €76,223 | €96,016 | €206,396 | €395,422 | ▲ 91.6% |
| Accrued charges and deferred income492/3 | - | €4,826 | €8,379 | €9,742 | €26,654 | ▲ 174% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,064 | €43,748 | €5,092 | €78,547 | €36,643 | ▼ 53.3% |
| + Depreciation and write-downs630 | €69,710 | €20,459 | €19,222 | €21,319 | €20,504 | ▼ 3.8% |
| Operating cash flow (approximation) | €96,773 | €64,207 | €24,315 | €99,867 | €57,147 | ▼ 42.8% |
| Investment in fixed assets (approximation) | - | €0 | -€27,403 | -€141,981 | -€116,723 | ▲ 17.8% |
| Change in cash | - | -€13,399 | €41,053 | €4,576 | €80,133 | ▲ 1,651% |
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
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 91 days late
2024
15-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 76 days late
2023
31-12
Financial
Highest result since 2018net €78,547 ▲1,442%
Operating result €149,938, net result €78,547, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 27 days late
2021
31-12
Financial
Equity above €200,000Eq €234,307 ▲23%
4 profitable years in a row build equity to €234,307.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 101 days late
2019
31-12
Financial
Weakest financial yearnet €2,247 ▼95%
Net result drops to €2,247, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 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, Denderleeuw · 2 establishment units since 2007
Ground area
3,703 m²
Building footprint
2,327 m²
Volume, LiDAR
5,853 m³
3 parcels, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
Filbeco
since 20072.165.100.871
Steenweg 137, 9473 Denderleeuw
since 20122.219.695.144
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43302C0204/00D004 | Flanders | 1,514 m² | 1 · 1,209 m² | - |
| 41402B0628/00E003 | Flanders | 1,420 m² | 1 · 977 m² | 7.5 m · 2 fl. |
| 41076B0549/00M002 | Flanders | 769 m² | 1 · 140 m² | - |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels 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
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyDenderleeuw2.219.695.144
Similar companies · same sector, comparable size
FRN
BE 0561.806.875
Herent · Eq €355,980
OILSCOPE
BE 0448.260.259
Hemiksem · Eq €352,597
TRQ
BE 0883.042.468
Dilbeek · Eq €357,886
GULLO
BE 0875.471.124
Genk · Eq €358,565
TRANSPAAN
BE 0441.696.428
Heist-op-den-Berg · Eq €359,789
Of 1,265 companies in sector 47300 we hold annual accounts for 951. 716 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
Founded12-07-2007
Fiscal year end31-12
Activities, NACEBEL 2025
47300Retail sale of automotive fuel
49500Land transport and transport via pipelines
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0890785246
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.