FISCADV
ActiveFISCADV has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €182k. Equity is shrinking by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 9% of 12675 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency30=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.81 against 0.68 in 2024; short-term debt: 56.9% and cash: 7.1% of total assets), and 95.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
4.6%
Return on assets
43.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 12675 sector peers (2025).
NBB · sector comparisonPosition among 12675 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
3 d early
2024
25 d early
2023
11 d early
2022
20 d early
2021
2 d early
2020
43 d early
2019
47 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€182k▲ 82.9%
2024 · €99k
2019: €26k
2020: €53k
2021: €55k
2022: €59k
2023: €65k
2024: €99k
2019 → 2025
Working capital
€-45k▲ 26.7%
2024 · €-61k
2019: €-72k
2020: €-10k
2021: €116k
2022: €-43k
2023: €-58k
2024: €-61k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€152k-€19k▼ 87.5%€19k=€19k=€19k=
Operating result€66k-€77k▲ 15.8%€87k▲ 13.0%€130k▲ 50.0%€233k▲ 78.6%
Net result€55k-€59k▲ 7.7%€65k▲ 9.5%€99k▲ 53.1%€182k▲ 82.9%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 79% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €390k
Fixed assets
€198k▼ 15.1%
Current assets
€192k▲ 51.4%
Equity and liabilities €416k
Equity
€19k=
Debt
€397k▲ 5.5%
The debt ratio rises from 95.2% to 95.4%. Debt is higher.
Key figures and ratios
EBITDA
€282k▲
2024 · €175k
Cash flow
€231k▲
2024 · €145k
Solvency
4.6%▼
2024 · 4.8%
Current ratio
0.81▲
2024 · 0.68
Quick ratio
0.81▲
2024 · 0.68
Debt / equity
20.90▲
2024 · 19.81
ROE
958.1%▲
2024 · 523.8%
ROA
43.8%▲
2024 · 25.2%
Interest coverage
80.18▲
2024 · 39.96
Debt
€397k▲
2024 · €376k
Debt ≤ 1 year
€237k▲
2024 · €188k
Debt > 1 year
€160k▼
2024 · €189k
Income taxes
€48k▲
2024 · €27k
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€395k€416k▲
Formation expenses20€35k€26k▼
Fixed assets21/28€233k€198k▼
Tangible fixed assets22/27€232k€197k▼
Plant, machinery and equipment23€202k€175k▼
Furniture and vehicles24€31k€22k▼
Financial fixed assets28€1k€1k=
Current assets29/58€127k€192k▲
Amounts receivable within one year40/41€96k€160k▲
Trade receivables40€96k€145k▲
Other amounts receivable41-€15k
Cash at bank and in hand54/58€30k€29k▼
Deferred charges and accrued income490/1€591€3k▲
Equity and liabilities
Total equity and liabilities10/49€395k€416k▲
Equity10/15€19k€19k=
Contributions10/11€19k€19k=
Profit (loss) carried forward14€383€383=
Amounts payable17/49€376k€397k▲
Amounts payable after more than one year17€189k€160k▼
Financial debts170/4€189k€160k▼
Amounts payable within one year42/48€188k€237k▲
Current portion of amounts payable after more than one year42€31k€30k▼
Trade debts44-€2k
Suppliers440/4-€2k
Advances received on contracts in progress46-€1k
Taxes, remuneration and social security45€17k€15k▼
Taxes450/3€17k€15k▼
Other amounts payable47/48€139k€189k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€50k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-20k
Other operating charges640/8€755€895▲
Gross operating margin9900€176k€264k▲
Operating profit (loss)9901€130k€233k▲
Financial income75/76B-€85
Recurring financial income75-€85
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€126k€229k▲
Income taxes67/77€27k€48k▲
Profit (loss) for the period9904€99k€182k▲
Profit (loss) for the period to be appropriated9905€99k€182k▲
Appropriation of the result
Profit (loss) to be appropriated9906€100k€182k▲
Profit (loss) brought forward from the previous period14P€383€383=
Profit to be distributed694/7€99k€182k▲
Return on contributions (dividend)694€99k€182k▲
The notes to these accounts (7 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €182k ▲82.9%
Operating result €233k, net result €182k, both a record.
06-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 2.79
Current ratio from 0.88 to 2.79; short-term debt falls from €86k to €65k.
31-12
Financial
Equity above €150kEq €152k ▲80.1%
3 profitable years in a row build equity to €152k.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Braine-l'Alleud · 1 establishment unit since 2018
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.
Route du Lion 2171420 Braine-l'AlleudGround area
915 m²
Building footprint
71 m²
Volume, LiDAR
521 m³
Parcel 25742B0055/02A000, Wallonia · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FISCADV
since 20182.281.274.407
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25742B0055/02A000 | Wallonia | 915 m² | 1 · 71 m² | 9.7 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.
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Of 12,172 companies in sector 69201 we hold annual accounts for 7,638. 4,317 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-10-2018
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.