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FIRESYSTEM

Active
Rue des Waréchaix(GOE) 8/B ·7040 Quévy, Belgium
BE 1005.217.235
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age2 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of FIRESYSTEM is 2.4% (moderate). The 2025 annual accounts show equity of €59k and a net result of €29k. Its solvency ranks better than 85% of 2852 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Trust signals

3 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.4% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€29k+4.6%
Working capital€42k+229.6%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 07-05-2026 with the NBB · fiscal year 2025 · micro
€0€10k€20k€30k€40kOperating result 2024: €35k€35kNet result 2024: €27k€27kOperating result 2025: €37k€37kNet result 2025: €29k€29k20242025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 75.5% 43.4%
better than 85% of 2852 sector peers
Net result €29k €14k
better than 69% of 2851 sector peers
Equity €59k €44k
better than 61% of 2852 sector peers
Gross operating margin €44k €39k
better than 54% of 2849 sector peers
Total assets €78k €115k
better than 35% of 2852 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€44k
+8.3% +94% vs sector
Net profit
€29k
+4.6% far above sector median
Cash flow
€36k
+7.9% +92% vs sector
Total assets
€78k
+48.5% -84% vs sector
Equity
€59k
+94.3% -81% vs sector
Working capital
€42k
+229.6% -83% vs sector
Income taxes
€7k
+0.9% +20% vs sector
Debt
€19k
-13.9% -90% vs sector
Debt ≤ 1y
€19k
-13.9% -81% vs sector
Current ratio
3.20
+103.1% ≈ vs sector
Quick ratio
2.75
+99.8% +19% vs sector
Solvency
75.5%
+30.8% +23% vs sector
Debt / equity
0.32
-55.7% -48% vs sector
ROE
48.5%
-46.2% far above sector median
ROA
36.6%
-29.6% far above sector median
Interest coverage
52.63
-97.3% far above sector median
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€44k
Net profit€29k
Cash flow€36k
Staff costs-
Income taxes€7k
Dividends-
Total assets€78k
Equity€59k
Debt€19k
of which ≤ 1y€19k
of which > 1y-
Working capital€42k
Employees (FTE)-
Ratios (computed)
2025
Current ratio3.20
Quick ratio2.75
Working capital ratio53.8%
Solvency75.5%
Debt / equity0.32
Long-term debt ratio-
Interest coverage52.63
Gross margin-
Net margin-
ROA36.6%
ROE48.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€78k
Fixed assets 21/28€17k
Intangible fixed assets 21€3k
Tangible fixed assets 22/27€14k
Current assets 29/58€61k
Stocks & contracts in progress 3€9k
Amounts receivable within one year 40/41€12k
Cash & bank 54/58€41k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€78k
Equity 10/15€59k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€56k
Amounts payable 17/49€19k
Amounts payable within one year 42/48€19k
Trade debts payable within one year 44€5k
Income statement
Gross operating margin 9900€44k
Operating result 9901€37k
Financial income 75€159
Financial charges 65€837
Result before taxes 9903€36k
Income taxes 67/77€7k
Net result for the period 9904€29k
Result to be appropriated 9905€29k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
100 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
FIRESYSTEM
Rue des Waréchaix(GOE) 8/B, 7040 QuévySanitaire werkzaamheden
since 20242.355.678.949
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area617 m²
Buildings1
Building footprint102 m²
Volume (LiDAR)428 m³
Tallest building5.6 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53032A0054/00G000 Wallonia 617 m² 1 · 102 m² 5.6 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health100Profitability100Solvency100Growth78Stability82
92 / 100

Exceptional profile, strong across almost every axis.

Health 100
Profitability 100
Solvency 100
Growth 78
Stability 82

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Loodgieterswerk43221Sanitaire werkzaamheden43221
Primary activity highlighted.
Names & trade names
Legal nameFR FIRESYSTEM
Registered office
Rue des Waréchaix(GOE) 8/B
7040 Quévy, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.