FIREKILLSHOP
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 23-07-2026 at the NBB all 8 filings
Turnover
≈ €300,000
Estimated: probably between €150,000 and €430,000
Total assets
€29,907▲ 49.5%
2024 · €20,003
Net result
€59,184▲ 165%
2024 · €22,301
Working capital
€2,768
2024 · -€57,446
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€60,457
▲ 148%
2025
20182025
Net result
€59,184
▲ 165%
2025
middle half of the sector
20182025
Equity
€210
2025
lowest quarter of the sector
20182025
Total assets
€29,907
▲ 49.5%
2025
lowest quarter of the sector
20182025
Debt
€29,698
▼ 62.4%
2025
20182025
Working capital
€2,768
2025
middle half of the sector
20182025
Solvency
0.7%
▲ 295.5pp
2025
lowest quarter of the sector
20182025
Current ratio
1.10
▲ 0.84
2025
middle half of the sector
20182025
Return on assets (ROA)
197.9%
▲ 86.4pp
2025
highest quarter of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€79,585--€11,842▲ 85.1%€2,975-€23,429-€2,527▲ 89.2%-€15,494▼ 513%€24,376€60,457▲ 148%
Net result-€80,204--€13,381▲ 83.3%€1,733below the sector's middle half-€28,211below the sector's middle half-€5,523below the sector's middle half▲ 80.4%-€17,689below the sector's middle half▼ 220%€22,301above the sector's middle half€59,184within the sector's middle half▲ 165%
Equity-€18,204--€31,585▼ 73.5%-€29,852below the sector's middle half▲ 5.5%-€58,063below the sector's middle half▼ 94.5%-€63,586below the sector's middle half▼ 9.5%-€81,275below the sector's middle half▼ 27.8%-€58,974below the sector's middle half▲ 27.4%€210below the sector's middle half
Total assets€77,568-€73,651▼ 5.0%€108,805below the sector's middle half▲ 47.7%€92,360below the sector's middle half▼ 15.1%€85,633within the sector's middle half▼ 7.3%€80,539within the sector's middle half▼ 5.9%€20,003below the sector's middle half▼ 75.2%€29,907below the sector's middle half▲ 49.5%
Debt€95,772-€105,236▲ 9.9%€138,657▲ 31.8%€150,423▲ 8.5%€149,219▼ 0.8%€161,815▲ 8.4%€78,977▼ 51.2%€29,698▼ 62.4%
Working capital€9,596--€44,618-€31,216below the sector's middle half▲ 30.0%-€55,554below the sector's middle half▼ 78.0%-€56,338below the sector's middle half▼ 1.4%-€73,794below the sector's middle half▼ 31.0%-€57,446below the sector's middle half▲ 22.2%€2,768within the sector's middle half
Solvency-23.5%--42.9%▼ 19.4pp-27.4%below the sector's middle half▲ 15.4pp-62.9%below the sector's middle half▼ 35.4pp-74.3%below the sector's middle half▼ 11.4pp-100.9%below the sector's middle half▼ 26.7pp-294.8%below the sector's middle half▼ 193.9pp0.7%below the sector's middle half▲ 295.5pp
Current ratio1.21-0.56▼ 0.650.77below the sector's middle half▲ 0.210.62below the sector's middle half▼ 0.150.60below the sector's middle half▼ 0.020.52below the sector's middle half▼ 0.080.26below the sector's middle half▼ 0.261.10within the sector's middle half▲ 0.84
Return on assets (ROA)-103.4%--18.2%▲ 85.2pp1.6%within the sector's middle half▲ 19.8pp-30.5%below the sector's middle half▼ 32.1pp-6.4%below the sector's middle half▲ 24.1pp-22.0%below the sector's middle half▼ 15.5pp111.5%above the sector's middle half▲ 133.5pp197.9%above the sector's middle half▲ 86.4pp
Staff (FTE)1below the sector's middle half1.3below the sector's middle half▲ 30.0%
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 148% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Equity and liabilities €29,907
Equity
€210
Debt
€29,698
Debt's share of the balance-sheet total is 99.3%.
Key figures and ratios
Debt ≤ 1 year
€27,139▼
2024 · €77,450
The equity ratios are withheld because equity of €210 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| in full-time equivalents | 1 |
| Average over the year, in full-time equivalents | 1.3 |
| On a permanent contract | 1 |
| Joined | 0 |
| Left | 1 |
Source: social balance sheet in the 2021 annual accounts
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €73,750 | -€6,296 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,480 | €10,966 | €11,172 | €4,877 | €1,494 | €103 | €0 | - | - |
| Other operating charges640/8 | - | - | - | €184 | €188 | €645 | €451 | €320 | ▼ 29.1% |
| Non-recurring operating charges66A | - | - | - | - | - | €2,705 | €0 | - | - |
| Gross operating margin9900 | -€71,134 | -€350 | €59,701 | €55,381 | -€7,142 | -€12,041 | €24,827 | €60,777 | ▲ 145% |
| Operating profit (loss)9901 | -€79,585 | -€11,842 | €2,975 | -€23,429 | -€2,527 | -€15,494 | €24,376 | €60,457 | ▲ 148% |
| Financial income75/76B | - | - | - | €365 | €991 | €7 | €124 | €399 | ▲ 222% |
| Recurring financial income75 | - | €230 | €375 | €365 | €991 | €7 | €124 | €399 | ▲ 222% |
| Financial charges65/66B | - | - | - | €5,147 | €3,987 | €2,202 | €2,199 | €1,673 | ▼ 23.9% |
| Recurring financial charges65 | €619 | €1,769 | €1,616 | €5,147 | €3,162 | €2,202 | €2,199 | €1,673 | ▼ 23.9% |
| Non-recurring financial charges66B | - | - | - | - | €825 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€80,204 | -€13,381 | €1,733 | -€28,211 | -€5,523 | -€17,689 | €22,301 | €59,184 | ▲ 165% |
| Profit (loss) for the period9904 | -€80,204 | -€13,381 | €1,733 | -€28,211 | -€5,523 | -€17,689 | €22,301 | €59,184 | ▲ 165% |
| Profit (loss) for the period to be appropriated9905 | -€80,204 | -€13,381 | €1,733 | -€28,211 | -€5,523 | -€17,689 | €22,301 | €59,184 | ▲ 165% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €77,568 | €73,651 | €108,805 | €92,360 | €85,633 | €80,539 | €20,003 | €29,907 | ▲ 49.5% |
| Fixed assets21/28 | €21,183 | €17,646 | €6,473 | €1,597 | €103 | €0 | - | - | - |
| Intangible fixed assets21 | €15,932 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €5,252 | €17,646 | €6,473 | €1,597 | €103 | €0 | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €1,390 | €103 | €0 | - | - | - |
| Furniture and vehicles24 | - | - | - | €206 | - | - | - | - | - |
| Current assets29/58 | €56,385 | €56,005 | €102,332 | €90,763 | €85,530 | €80,539 | €20,003 | €29,907 | ▲ 49.5% |
| Stocks and contracts in progress3 | €32,485 | €23,953 | €23,369 | €15,826 | €7,854 | €0 | - | - | - |
| Stocks30/36 | - | - | - | €15,826 | €7,854 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €7,076 | €23,958 | €73,901 | €67,634 | €73,110 | €79,183 | €17,805 | €24,526 | ▲ 37.7% |
| Trade receivables40 | - | - | - | €67,129 | €72,100 | €77,376 | €0 | €424 | - |
| Other amounts receivable41 | - | - | - | €505 | €1,010 | €1,808 | €17,805 | €24,102 | ▲ 35.4% |
| Cash at bank and in hand54/58 | €16,824 | €8,095 | €5,061 | €7,303 | €4,566 | €1,356 | €2,074 | €4,858 | ▲ 134% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €124 | €524 | ▲ 322% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €77,568 | €73,651 | €108,805 | €92,360 | €85,633 | €80,539 | €20,003 | €29,907 | ▲ 49.5% |
| Equity10/15 | -€18,204 | -€31,585 | -€29,852 | -€58,063 | -€63,586 | -€81,275 | -€58,974 | €210 | - |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Profit (loss) carried forward14 | -€80,204 | -€93,585 | -€91,852 | -€120,063 | -€125,586 | -€143,275 | -€120,974 | -€61,790 | ▲ 48.9% |
| Amounts payable17/49 | €95,772 | €105,236 | €138,657 | €150,423 | €149,219 | €161,815 | €78,977 | €29,698 | ▼ 62.4% |
| Amounts payable within one year42/48 | €46,789 | €100,623 | €133,548 | €146,317 | €141,868 | €154,334 | €77,450 | €27,139 | ▼ 65.0% |
| Trade debts44 | €11,219 | €60,623 | €5,455 | €398 | €6,865 | €107,930 | €16,403 | €128 | ▼ 99.2% |
| Suppliers440/4 | - | - | - | €398 | €6,865 | €107,930 | €16,403 | €128 | ▼ 99.2% |
| Taxes, remuneration and social security45 | - | - | - | €8,915 | - | - | €3,192 | €3,195 | ▲ 0.1% |
| Taxes450/3 | - | - | - | €1,803 | - | - | €3,192 | €3,195 | ▲ 0.1% |
| Remuneration and social security454/9 | - | - | - | €7,112 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €137,003 | €135,003 | €46,403 | €57,854 | €23,816 | ▼ 58.8% |
| Accrued charges and deferred income492/3 | - | - | - | €4,106 | €7,351 | €7,481 | €1,528 | €2,559 | ▲ 67.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€80,204 | -€13,381 | €1,733 | -€28,211 | -€5,523 | -€17,689 | €22,301 | €59,184 | ▲ 165% |
| + Depreciation and write-downs630 | €7,480 | €10,966 | €11,172 | €4,877 | €1,494 | €103 | €0 | - | - |
| Operating cash flow (approximation) | -€72,725 | -€2,415 | €12,906 | -€23,335 | -€4,030 | -€17,586 | €22,301 | €59,184 | ▲ 165% |
| Investment in fixed assets (approximation) | - | -€7,428 | €0 | €0 | €0 | €0 | - | - | - |
| Change in cash | - | -€8,729 | -€3,034 | €2,242 | -€2,737 | -€3,210 | €718 | €2,784 | ▲ 288% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,153 companies had the same profile as FIREKILLSHOP has now. Two years later, 96.1% were still going and 1.7% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
96.1%
was still going
2.2%
stopped otherwise
1.7%
went bankrupt
That fits the bankruptcy probability of FIREKILLSHOP itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,153 companies, not a prediction for FIREKILLSHOP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 23-07-2026 | 2026-00325639 | |
| 31-12-2024 | micro format | 03-07-2025 | 2025-00248538 | |
| 31-12-2023 | micro format | 08-07-2024 | 2024-00224797 | |
| 31-12-2022 | micro format | 28-08-2023 | 2023-00368567 | |
| 31-12-2021 | abbreviated format | 25-08-2022 | 2022-20315544 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-58600539 | |
| 31-12-2019 | abbreviated format | 10-09-2020 | 2020-52000385 | |
| 31-12-2018 | abbreviated format | 30-07-2019 | 2019-39600580 |