FIRON
ActiveFIRON has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87k and a net result of €20k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 34% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+4
Solvency57▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.04 against 1.74 in 2024; short-term debt: 32.2% and cash: 4.4% of total assets), but 67.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-10-2025, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
2 d early
2023
1 d early
2022
2 d late
2021
3 d early
2020
9 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€87k▼ 0.2%
2024 · €88k
2019: €68k
2020: €70k
2021: €71k
2022: €70k
2023: €87k
2024: €88k
2019 → 2025
Total assets
€270k▼ 8.9%
2024 · €297k
2019: €197k
2020: €156k
2021: €163k
2022: €145k
2023: €280k
2024: €297k
2019 → 2025
Net result
€20k▲ 58.4%
2024 · €12k
2019: €33k
2020: €22k
2021: €16k
2022: €9k
2023: €37k
2024: €12k
2019 → 2025
Working capital
€90k▲ 21.4%
2024 · €74k
2019: €54k
2020: €53k
2021: €58k
2022: €61k
2023: €63k
2024: €74k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€71k-€70k▼ 1.8%€87k▲ 24.9%€88k▲ 0.6%€87k▼ 0.2%
Operating result€17k-€10k▼ 43.2%€40k▲ 315%€19k▼ 52.6%€25k▲ 33.2%
Net result€16k-€9k▼ 46.4%€37k▲ 330%€12k▼ 66.6%€20k▲ 58.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 33% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €270k
Fixed assets
€93k▼ 24.1%
Current assets
€177k▲ 1.8%
Equity and liabilities €270k
Equity
€87k▼ 0.2%
Debt
€183k▼ 12.5%
The debt ratio falls from 70.5% to 67.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€57k▲
2024 · €50k
Cash flow
€52k▲
2024 · €44k
Solvency
32.3%▲
2024 · 29.5%
Current ratio
2.04▲
2024 · 1.74
Quick ratio
2.04▲
2024 · 1.74
Debt / equity
2.10▼
2024 · 2.39
ROE
22.7%▲
2024 · 14.3%
ROA
7.3%▲
2024 · 4.2%
Interest coverage
8.36▲
2024 · 6.86
Debt
€183k▼
2024 · €209k
Debt ≤ 1 year
€87k▼
2024 · €100k
Debt > 1 year
€96k▼
2024 · €109k
Income taxes
€1k▼
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€297k€270k▼
Fixed assets21/28€123k€93k▼
Tangible fixed assets22/27€122k€93k▼
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€9k€9k▼
Leasing and similar rights25€105k€78k▼
Financial fixed assets28€147€147=
Current assets29/58€174k€177k▲
Amounts receivable after more than one year29€122k€125k▲
Other amounts receivable291€122k€125k▲
Amounts receivable within one year40/41€28k€41k▲
Trade receivables40€20k€35k▲
Other amounts receivable41€8k€6k▼
Cash at bank and in hand54/58€25k€12k▼
Equity and liabilities
Total equity and liabilities10/49€297k€270k▼
Equity10/15€88k€87k▼
Contributions10/11€9k€9k=
Reserves13€51k€51k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€15k€15k=
Distributable reserves133€35k€35k=
Profit (loss) carried forward14€28k€28k▼
Amounts payable17/49€209k€183k▼
Amounts payable after more than one year17€109k€96k▼
Financial debts170/4€109k€96k▼
Amounts payable within one year42/48€100k€87k▼
Current portion of amounts payable after more than one year42€14k€13k▼
Trade debts44€67k€48k▼
Suppliers440/4€67k€48k▼
Taxes, remuneration and social security45€6k€5k▼
Taxes450/3€6k€5k▼
Other amounts payable47/48€13k€20k▲
Income statement
Code20242025
Non-recurring operating income76A-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€32k▲
Other operating charges640/8€493€505▲
Gross operating margin9900€51k€58k▲
Operating profit (loss)9901€19k€25k▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€7k€7k▼
Recurring financial charges65€7k€7k▼
Profit (loss) for the period before taxes9903€14k€21k▲
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€12k€20k▲
Profit (loss) for the period to be appropriated9905€12k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€40k€48k▲
Profit (loss) brought forward from the previous period14P€27k€28k▲
Profit to be distributed694/7€12k€20k▲
Directors or managers695€12k€20k▲
The notes to these accounts (10 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
2025
23-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2019net €37k ▲330%
Operating result €40k, net result €37k, both a record.
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
31-03
Financial
Weakest financial yearnet €9k ▼46.4%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-09
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
1 act for this company is 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, Brecht · 1 establishment unit since 2003
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.
Van De Reydtlaan 272960 BrechtGround area
1,419 m²
Building footprint
154 m²
Volume, LiDAR
894 m³
Parcel 11009M0078/00M000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Van De Reydtlaan 27, 2960 Brecht
since 20032.123.229.337
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11009M0078/00M000 | Flanders | 1,419 m² | 1 · 154 m² | 8.5 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,500 EUR awarded · 1,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,500 EUR | 1,500 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Similar companies · same sector, comparable size
Centrafort
BE 0770.729.039
Ittre · Eq €87k
ALAIN DESMET VERWARMING & SANITAIR
BE 0808.494.010
Halle · Eq €87k
RENISAN
BE 0818.275.370
Nijlen · Eq €87k
BRISACK CHAUFFAGE
BE 0713.585.646
Sambreville · Eq €87k
E.S.D.V.
BE 0886.643.643
Ternat · Eq €87k
Of 9,531 companies in sector 43222 we hold annual accounts for 5,661. 4,876 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-02-2003
Fiscal year end31-03
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.