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FIORETTI

Active
Public limited companyfounded 199333 yrs activeKouter 18B, 9000 Gent, BelgiumKBO/BCE: BE 0449.260.250
Summary

FIORETTI has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€96,278) and a net result of -€21,181. Equity is shrinking by ~22.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability10▼-19
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.02 in 2024; short-term debt: 95.4% and cash: 0.3% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 33 years 0 40 y
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 2025
Solvency, return and age of the figures
Solvency
-49.2%
Return on assets
-10.8%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€96,278
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 d early
2024
14 d early
2023
61 d early
2022
59 d early
2021
5 d early
2020
65 d early
2019
3 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 31 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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 months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 26 January 1993, FIORETTI was incorporated.1 Total assets went from EUR 199,501 in 2018 to EUR 195,797 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€96,278▼ 28.2%
2024 · -€75,098
Total assets
€195,797▼ 1.2%
2024 · €198,169
Net result
-€21,181▼ 221%
2024 · -€6,597
Working capital
-€186,137▼ 6.5%
2024 · -€174,851
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€10,795▲ 32.7%-€10,245▲ 5.1%-€13,090▼ 27.8%-€6,547▲ 50.0%-€21,136▼ 223%
Net result-€10,827▲ 32.7%-€10,245▲ 5.4%-€13,156▼ 28.4%-€6,597▲ 49.9%-€21,181▼ 221%
Equity-€45,101▼ 31.6%-€55,345▼ 22.7%-€68,501▼ 23.8%-€75,098▼ 9.6%-€96,278▼ 28.2%
Total assets€195,728▼ 2.8%€195,755=€196,316▲ 0.3%€198,169▲ 0.9%€195,797▼ 1.2%
Debt€240,829▲ 2.2%€251,100▲ 4.3%€264,817▲ 5.5%€273,267▲ 3.2%€292,076▲ 6.9%
Working capital-€144,854▼ 8.2%-€155,099▼ 7.1%-€167,860▼ 8.2%-€174,851▼ 4.2%-€186,137▼ 6.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2021: -€10,795-€10,795Net result 2021: -€10,827-€10,827Operating result 2022: -€10,245-€10,245Net result 2022: -€10,245-€10,245Operating result 2023: -€13,090-€13,090Net result 2023: -€13,156-€13,156Operating result 2024: -€6,547-€6,547Net result 2024: -€6,597-€6,597Operating result 2025: -€21,136-€21,136Net result 2025: -€21,181-€21,18120212022202320242025-€30,000-€20,000-€10,000€0Operating result 2023: -€13,090-€13,100Net result 2023: -€13,156-€13,200Operating result 2024: -€6,547-€6,550Net result 2024: -€6,597-€6,600Operating result 2025: -€21,136-€21,100Net result 2025: -€21,181-€21,200202320242025
The operating result stays negative: a loss of €21,136 in 2025 against €6,547 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €195,797
Fixed assets €195,193 =
Current assets €604 ▼ 79.7%
Key figures and ratios
2025 value · change against 2024
Solvency
-49.2%▼
2024 · -37.9%
Current ratio
0.00▼
2024 · 0.02
Debt to equity
-3.03▲
2024 · -3.64
ROA
-10.8%▼
2024 · -3.3%
Debt ≤ 1 year
€186,741▲
2024 · €177,828
Debt > 1 year
€95,439=
2024 · €95,439
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€198,169€195,797▼
Fixed assets21/28€195,193€195,193=
Tangible fixed assets22/27€195,193€195,193=
Land and buildings22€195,193€195,193=
Current assets29/58€2,976€604▼
Cash at bank and in hand54/58€2,404€604▼
Deferred charges and accrued income490/1€572€0▼
Equity and liabilities
Total equity and liabilities10/49€198,169€195,797▼
Equity10/15-€75,098-€96,278▼
Contributions10/11€99,157€99,157=
Capital10€99,157€99,157=
Issued capital100€99,157€99,157=
Reserves13€685€685=
Distributable reserves133€685€685=
Profit (loss) carried forward14-€174,940-€196,121▼
Amounts payable17/49€273,267€292,076▲
Amounts payable after more than one year17€95,439€95,439=
Financial debts170/4€95,439€95,439=
Amounts payable within one year42/48€177,828€186,741▲
Trade debts44€387€0▼
Suppliers440/4€387€0▼
Other amounts payable47/48€177,440€186,741▲
Accrued charges and deferred income492/3€0€9,895▲
Income statement Code20242025
Other operating charges640/8€3,249€13,047▲
Gross operating margin9900-€3,298-€8,089▼
Operating profit (loss)9901-€6,547-€21,136▼
Financial charges65/66B€50€45▼
Recurring financial charges65€50€45▼
Profit (loss) for the period before taxes9903-€6,597-€21,181▼
Profit (loss) for the period9904-€6,597-€21,181▼
Profit (loss) for the period to be appropriated9905-€6,597-€21,181▼
Appropriation of the result
Profit (loss) to be appropriated9906-€174,940-€196,121▼
Profit (loss) brought forward from the previous period14P-€168,343-€174,940▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€3,191€1,227€4,488€3,249€13,047▲ 302%
Gross operating margin9900-€7,604-€9,018-€8,601-€3,298-€8,089▼ 145%
Operating profit (loss)9901-€10,795-€10,245-€13,090-€6,547-€21,136▼ 223%
Financial charges65/66B€32€0€66€50€45▼ 9.2%
Recurring financial charges65€32€0€66€50€45▼ 9.2%
Profit (loss) for the period before taxes9903-€10,827-€10,245-€13,156-€6,597-€21,181▼ 221%
Profit (loss) for the period9904-€10,827-€10,245-€13,156-€6,597-€21,181▼ 221%
Profit (loss) for the period to be appropriated9905-€10,827-€10,245-€13,156-€6,597-€21,181▼ 221%
Line20212022202320242025Change
Assets
Total assets20/58€195,728€195,755€196,316€198,169€195,797▼ 1.2%
Fixed assets21/28€195,193€195,193€195,193€195,193€195,193=
Tangible fixed assets22/27€195,193€195,193€195,193€195,193€195,193=
Land and buildings22€195,193€195,193€195,193€195,193€195,193=
Financial fixed assets28€0-----
Current assets29/58€535€562€1,123€2,976€604▼ 79.7%
Amounts receivable within one year40/41€0-----
Other amounts receivable41€0-----
Cash at bank and in hand54/58€535€15€1,123€2,404€604▼ 74.9%
Deferred charges and accrued income490/1-€548€0€572€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€195,728€195,755€196,316€198,169€195,797▼ 1.2%
Equity10/15-€45,101-€55,345-€68,501-€75,098-€96,278▼ 28.2%
Contributions10/11€99,157€99,157€99,157€99,157€99,157=
Capital10€99,157€99,157€99,157€99,157€99,157=
Issued capital100€99,157€99,157€99,157€99,157€99,157=
Reserves13€685€685€685€685€685=
Distributable reserves133€685€685€685€685€685=
Profit (loss) carried forward14-€144,943-€155,187-€168,343-€174,940-€196,121▼ 12.1%
Amounts payable17/49€240,829€251,100€264,817€273,267€292,076▲ 6.9%
Amounts payable after more than one year17€95,439€95,439€95,439€95,439€95,439=
Financial debts170/4€95,439€95,439€95,439€95,439€95,439=
Amounts payable within one year42/48€145,390€155,661€168,984€177,828€186,741▲ 5.0%
Trade debts44€1,542€2,314€4,136€387€0▼ 100%
Suppliers440/4€1,542€2,314€4,136€387€0▼ 100%
Other amounts payable47/48€143,848€153,348€164,848€177,440€186,741▲ 5.2%
Accrued charges and deferred income492/3€0-€394€0€9,895-
Line20212022202320242025Change
Profit (loss) for the period9904-€10,827-€10,245-€13,156-€6,597-€21,181▼ 221%
Operating cash flow (approximation)-€10,827-€10,245-€13,156-€6,597-€21,181▼ 221%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€521€1,109€1,281-€1,800▼ 241%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet -€21,181
Net result drops to -€21,181, the lowest in the series.
17-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
02-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
27-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
28-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
16-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 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, Gent · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
2,300 m²
Building footprint
138 m²
Parcel 44803C1206/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
FIORETTI NV
Kouter 18B, 9000 GentInsurance, reinsurance and pension funding, except compulsory social security
since 19932.064.984.894
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44803C1206/00A000 Flanders 2,300 m² 1 · 138 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 formPublic limited company
Founded26-01-1993
Fiscal year end31-12

Scores and ratios are computed by Checked and are not a credit decision.