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FIRO TECH

Active Private limited companyfounded 2024active for 2 yearsExpoelstraat 25, 2811 MechelenKBO/BCE: BE 1011.981.994

Lifetime

1 annual account with figures
peak €8,840 (2025)
€8,840 
peak €268 (2025)
€268 
peak €2,268 (2025)
€2,268 
€20,897 
Board2 names since 2024
2 directors and 1 other
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €60,000 estimated

The micro format states no turnover.

Debts

€20,897 90% of the balance sheet
Suppliers 14%Taxes and wages 16%Other 69%

Position in the sector

€2,268

Less equity than 89% of companies in fabricated metal products. Sector median €72,830 · 2,346 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,135 companies had the same profile as FIRO TECH has now. Each dot stands for 6 companies, two years later.

92.0%
were still trading
2.3%
stopped another way
5.2%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,135 companies, not a prediction for FIRO TECH. 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.

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Signals

Board and ownership

Director
Director
  • 50 sharesdeed of 30-07-2024
  • 50 sharesdeed of 30-07-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1011981994
Incorporation Founding capital of €2,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 30-07-2024 · Gazette deed
First establishment Expoelstraat 25, Mechelen
All 4 events

Comparable companies

same main activity, similar in size and age
Company
FIRO TECH Mechelen €23,165 €8,840 9.8% -
Maes Hekwerken Hulshout €23,673 €9,259 -287.0% -
JMVDM Heist-op-den-Berg €27,719 €12,294 19.3% -
ATELIERS COKAIKO Blegny €30,185 €11,980 18.8% -
STEEL DYNAMICS Brussels €27,232 €10,334 43.2% -
DWO DESIGN Maldegem €22,927 €15,418 63.8% -
Peco Creations Maaseik €25,836 €8,735 34.4% -

These companies have the same main activity as FIRO TECH: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €22,900 and €30,200, founded between 2023 and 2025.

Official details

Source: KBO
Status
Active since 26-07-2024Normal situation
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Establishment unit
2.362.112.9202811 Mechelen, since 26-07-2024
Financial year end
31 December
Peppol
Reachable since 12-08-2024
Company details

Annual accounts 2025

€23,165
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on FIRO TECH

FIRO TECH has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,268 and a net result of €268.

Its solvency ranks better than 15% of 2,343 sector peers (NACE 25, financial year 2025).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FIRO TECH

What is the company number of FIRO TECH?
The company number of FIRO TECH is 1011.981.994. The VAT number is the same number with BE in front: BE 1011.981.994.
Where is FIRO TECH based?
The registered office is at Expoelstraat 25, 2811 Mechelen.Company details
What does FIRO TECH do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of FIRO TECH?
FIRO TECH is a private limited company (BV).
When was FIRO TECH founded?
FIRO TECH was founded on 26-07-2024.
Is FIRO TECH still active?
Yes, FIRO TECH is an active enterprise in the KBO register.
What is the turnover of FIRO TECH?
The turnover in financial year 2025 is ≈ €60,000. This figure is estimated from the gross margin of €8,840 and 35 comparable companies (NACE 25). It probably lies between €25,000 and €120,000. It is a rough estimate.Financials
Is FIRO TECH profitable?
In financial year 2025, FIRO TECH made a profit of €268.
Where can I find the annual accounts of FIRO TECH?
FIRO TECH filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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