FIRENO
ActiveFIRENO has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28k and a net result of €-44. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 79% of 27319 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
70
/ 100
Healthy▼ -30 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-73
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 4.19 against 5.36 in 2024), and 25.5% 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 43
Relative position
BE, all sectors
reference
Sector 43
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 · 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 2025Solvency, return and age of the figures
Solvency
74.5%
Return on assets
-0.1%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-04-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
18 d early
2023
33 d early
2022
27 d early
2021
19 d early
2020
32 d early
2019
13 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€25k
EBIT margin
-28.1%
Net result
€-44
2024 · €4k
2018: €3k
2019: €-7k
2020: €7k
2021: €1k
2022: €4k
2023: €174
2024: €4k
2018 → 2025
Working capital
€26k▼ 0.3%
2024 · €26k
2018: €13k
2019: €10k
2020: €17k
2021: €17k
2022: €20k
2023: €21k
2024: €26k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€24k▲ 11.6%€24k▲ 0.7%€28k▲ 17.2%€28k▼ 0.2%
Operating result€2k-€6k▲ 207%€261▼ 95.5%€6k▲ 2,367%€230▼ 96.4%
Net result€1k-€4k▲ 187%€174▼ 95.8%€4k▲ 2,297%€-44
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 2025; 2025 is 96% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €38k
Fixed assets
€4k▲ 25.2%
Current assets
€34k▲ 6.6%
Equity and liabilities €38k
Equity
€28k▼ 0.2%
Debt
€10k▲ 42.2%
The debt ratio rises from 19.4% to 25.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€2k▼
2024 · €10k
Cash flow
€2k▼
2024 · €7k
Solvency
74.5%▼
2024 · 80.6%
Current ratio
4.19▼
2024 · 5.36
Quick ratio
3.49▼
2024 · 4.47
Debt / equity
0.34▲
2024 · 0.24
ROE
-0.2%▼
2024 · 14.7%
ROA
-0.1%▼
2024 · 11.8%
Interest coverage
24.81▼
2024 · 150.13
Debt
€10k▲
2024 · €7k
Debt ≤ 1 year
€8k▲
2024 · €6k
Income taxes
€211▼
2024 · €2k
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€35k€38k▲
Fixed assets21/28€3k€4k▲
Tangible fixed assets22/27€3k€3k▲
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€765€575▼
Financial fixed assets28€175€175=
Current assets29/58€32k€34k▲
Stocks and contracts in progress3€5k€6k▲
Stocks30/36€2k€4k▲
Contracts in progress37€4k€2k▼
Amounts receivable within one year40/41€17k€9k▼
Trade receivables40€16k€7k▼
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€9k€18k▲
Deferred charges and accrued income490/1€757€3k▲
Equity and liabilities
Total equity and liabilities10/49€35k€38k▲
Equity10/15€28k€28k▼
Contributions10/11€19k€19k=
Reserves13€10k€10k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€75€30▼
Amounts payable17/49€7k€10k▲
Amounts payable within one year42/48€6k€8k▲
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45-€765
Taxes450/3-€765
Other amounts payable47/48€3k€2k▼
Accrued charges and deferred income492/3€799€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€1k€968▼
Gross operating margin9900€11k€3k▼
Operating profit (loss)9901€6k€230▼
Financial income75/76B€0€11▲
Recurring financial income75€0€11▲
Financial charges65/66B€64€74▲
Recurring financial charges65€64€74▲
Profit (loss) for the period before taxes9903€6k€166▼
Income taxes67/77€2k€211▼
Profit (loss) for the period9904€4k€-44▼
Profit (loss) for the period to be appropriated9905€4k€-44▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€30▼
Profit (loss) brought forward from the previous period14P€63€75▲
Transfer from equity791/2€0-
Transfer to equity691/2€4k€0▼
To other reserves6921€4k€0▼
The notes to these accounts (11 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
22-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
17-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-7k ▼355%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity times 11current ratio 43.91
Current ratio from 3.84 to 43.91; short-term debt falls from €5k to €225.
17-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 17 days late
2018
23-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-04
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
5 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, Wetteren · 1 establishment unit since 2010
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.
Serskampstraat 29230 WetterenGround area
661 m²
Building footprint
158 m²
Volume, LiDAR
812 m³
Parcel 42303F0335/02L000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FIRENO
since 20102.193.073.988
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42303F0335/02L000 | Flanders | 661 m² | 1 · 158 m² | 7.7 m · 2 fl. |
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
B.S.O. @ HOME RENO
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BE 0460.905.396
Riemst · Eq €28k
HARDY PROJECTS
BE 1022.789.972
Zonhoven · Eq €28k
IOSIAG CARRELAGE
BE 0797.852.417
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ATHOIS TRAVAUX
BE 0743.422.153
Ath · Eq €28k
Of 7,248 companies in sector 43350 we hold annual accounts for 2,334. 1,871 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-10-2010
Fiscal year end30-09
Activities, NACEBEL
43350Other building finishing work
43120Site preparation
43211General electrical installation work
43221Plumbing work
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
43331Floor and wall tiling
43341Painting of buildings
79120Travel agency, tour operator and other reservation service and related activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.