FIRM
ActiveSummary
FIRM has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €45,659 and a net result of €34,223. Equity is growing by ~91.1% per year across the filed fiscal years. Its solvency ranks better than 56% of 11620 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
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Signals
This company filed its last 3 accounts on average 42 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Turnover70 | €158,243 | €123,673 | €144,419 | ▲ 16.8% |
| Goods, raw materials, services and sundry goods60/61 | €146,646 | €99,621 | €98,473 | ▼ 1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,179 | €2,318 | €2,469 | ▲ 6.5% |
| Other operating charges640/8 | €1,552 | €429 | €692 | ▲ 61.4% |
| Gross operating margin9900 | €11,597 | €24,051 | €45,946 | ▲ 91.0% |
| Operating profit (loss)9901 | €7,867 | €21,305 | €42,785 | ▲ 101% |
| Financial income75/76B | - | - | €573 | - |
| Recurring financial income75 | - | - | €573 | - |
| Financial charges65/66B | €53 | €608 | €563 | ▼ 7.4% |
| Recurring financial charges65 | €53 | €608 | €563 | ▼ 7.4% |
| Profit (loss) for the period before taxes9903 | €7,814 | €20,697 | €42,794 | ▲ 107% |
| Income taxes67/77 | €3,215 | €5,861 | €8,572 | ▲ 46.3% |
| Profit (loss) for the period9904 | €4,599 | €14,836 | €34,223 | ▲ 131% |
| Profit (loss) for the period to be appropriated9905 | €4,599 | €14,836 | €34,223 | ▲ 131% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €29,445 | €42,604 | €74,621 | ▲ 75.1% |
| Fixed assets21/28 | €6,100 | €3,782 | €14,853 | ▲ 293% |
| Tangible fixed assets22/27 | €6,100 | €3,782 | €12,497 | ▲ 230% |
| Plant, machinery and equipment23 | €4,004 | €2,210 | €11,449 | ▲ 418% |
| Furniture and vehicles24 | €2,096 | €1,572 | €1,048 | ▼ 33.3% |
| Financial fixed assets28 | - | - | €2,357 | - |
| Current assets29/58 | €23,346 | €38,822 | €59,768 | ▲ 54.0% |
| Amounts receivable within one year40/41 | - | €5,244 | €26,458 | ▲ 405% |
| Trade receivables40 | - | €4,808 | €15,431 | ▲ 221% |
| Other amounts receivable41 | - | €436 | €11,027 | ▲ 2,431% |
| Cash at bank and in hand54/58 | €23,346 | €33,579 | €33,310 | ▼ 0.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €29,445 | €42,604 | €74,621 | ▲ 75.1% |
| Equity10/15 | €6,599 | €21,436 | €45,659 | ▲ 113% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €4,000 | €14,000 | €26,000 | ▲ 85.7% |
| Distributable reserves133 | €4,000 | €14,000 | €26,000 | ▲ 85.7% |
| Profit (loss) carried forward14 | €599 | €5,436 | €17,659 | ▲ 225% |
| Amounts payable17/49 | €22,846 | €21,168 | €28,963 | ▲ 36.8% |
| Amounts payable within one year42/48 | €22,846 | €21,168 | €28,963 | ▲ 36.8% |
| Trade debts44 | €10,099 | €360 | - | - |
| Suppliers440/4 | €10,099 | €360 | - | - |
| Taxes, remuneration and social security45 | €3,215 | €11,474 | €18,963 | ▲ 65.3% |
| Taxes450/3 | €3,215 | €11,474 | €18,963 | ▲ 65.3% |
| Other amounts payable47/48 | €9,533 | €9,335 | €10,000 | ▲ 7.1% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,599 | €14,836 | €34,223 | ▲ 131% |
| + Depreciation and write-downs630 | €2,179 | €2,318 | €2,469 | ▲ 6.5% |
| Operating cash flow (approximation) | €6,778 | €17,154 | €36,692 | ▲ 114% |
| Investment in fixed assets (approximation) | - | €0 | -€13,540 | - |
| Change in cash | - | €10,233 | -€269 | ▼ 103% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0032/00R008 | Brussels | 312 m² | 1 · 265 m² | 28.1 m · 8 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.