FILTRATION, SERVICES, INDUSTRIEL, TERTIAIRE
ActiveSummary
The computed 12-month bankruptcy probability of FILTRATION, SERVICES, INDUSTRIEL, TERTIAIRE is 2.8% (moderate). The 2024 annual accounts show equity of €7k and a net result of €-2k. Its solvency ranks better than 25% of 15869 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▼-19
Solvency31▼-16
Growth32
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.99 against 1.17 in 2023; short-term debt: 88.7% and cash: 6.9% of total assets), and 94.2% 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.
+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
5.8%
Return on assets
-1.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 15869 sector peers (2024).
NBB · sector comparisonPosition among 15869 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
63 d late
2023
49 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€94k
EBIT margin
8.9%
Net result
€-2k
2023 · €8k
2023: €8k
2023 → 2024
Working capital
€-1k
2023 · €3k
2023: €3k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Turnover€94k-
Equity€9k-€7k▼ 22.2%
Operating result€8k-€5k▼ 44.0%
Net result€8k-€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 44% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €116k
Fixed assets
€14k ▼ 10.9%
Current assets
€102k ▲ 352%
Equity and liabilities €116k
Equity
€7k ▼ 22.2%
Debt
€109k ▲ 265%
Debt's share of the balance-sheet total rises from 77.6% to 94.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€10k▼
2023 · €12k
Cash flow
€3k▼
2023 · €11k
Current ratio
0.99▼
2023 · 1.17
Debt to equity
16.26▲
2023 · 3.47
ROE
-28.5%▼
2023 · 88.4%
ROA
-1.7%▼
2023 · 19.8%
Interest coverage
8.75▼
2023 · 16.36
Debt ≤ 1 year
€103k▲
2023 · €19k
Debt > 1 year
€6k▼
2023 · €11k
Income taxes
€6k
Staff costs
€24k
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 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€39k€116k▲
Fixed assets21/28€16k€14k▼
Tangible fixed assets22/27€16k€14k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€16k€12k▼
Financial fixed assets28-€205
Current assets29/58€22k€102k▲
Amounts receivable within one year40/41€20k€90k▲
Trade receivables40€11k€66k▲
Other amounts receivable41€9k€24k▲
Cash at bank and in hand54/58€3k€8k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€39k€116k▲
Equity10/15€9k€7k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€8k€6k▼
Amounts payable17/49€30k€109k▲
Amounts payable after more than one year17€11k€6k▼
Financial debts170/4€11k€6k▼
Amounts payable within one year42/48€19k€103k▲
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€5k€71k▲
Suppliers440/4€5k€71k▲
Taxes, remuneration and social security45€10k€25k▲
Taxes450/3€10k€19k▲
Remuneration and social security454/9-€6k
Other amounts payable47/48-€3k
Income statement
Code20232024
Turnover70€94k-
Goods, raw materials, services and sundry goods60/61€82k-
Remuneration, social security and pensions62-€24k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€191€425▲
Gross operating margin9900€12k€34k▲
Operating profit (loss)9901€8k€5k▼
Financial income75/76B€10€9▼
Recurring financial income75€10€9▼
Financial charges65/66B€735€1k▲
Recurring financial charges65€735€1k▲
Profit (loss) for the period before taxes9903€8k€4k▼
Income taxes67/77-€6k
Profit (loss) for the period9904€8k€-2k▼
Profit (loss) for the period to be appropriated9905€8k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€6k▼
Profit (loss) brought forward from the previous period14P-€8k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 63 days late
2024
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
NBB filing
Directors · office · real estate
Directors
2 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, Honnelles · 1 establishment unit since 2023
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.
Rue du Château de Roisin(ROI) 77387 HonnellesGround area
2,090 m²
Building footprint
252 m²
Parcel 53069D0769/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
F.S.I.T.
since 20232.342.997.782
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53069D0769/00A000 | Wallonia | 2,090 m² | 1 · 252 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Metaal precisie
BE 0803.749.225
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VANDENBERGHE KLAAS
BE 0762.826.410
Kortemark · Eq €6,883
Technical Office Solutions
BE 0820.174.788
Puurs-Sint-Amands · Eq €7,062
BUTEOCOM
BE 0777.674.140
Sint-Katelijne-Waver · Eq €6,390
C3 MANAGEMENT
BE 0700.639.809
Kraainem · Eq €7,121
Of 1,075 companies in sector 46140 we hold annual accounts for 644. 208 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-03-2023
Fiscal year end31-12
Abbreviation FR
F.S.I.T.
Activities, NACEBEL 2025
43990Other specialised construction activities
46140Agents in the wholesale of industrial machinery, ships and aircraft
43240Other construction installation
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesE-mail:samuel.bossier-FSIT@outlook.com
E-mail:Samuel.bossier@filtrationservices.be
Phone:0033 6 59 88 64 60
Phone:0499051511