FISCALIA
ActiveSummary
FISCALIA has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €715,276 and a net result of €139,256. Equity is growing by ~28.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability87▼-2
Solvency98▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 4.99 against 8.46 in 2023; short-term debt: 17% and cash: 69.9% of total assets), and 26.6% of the assets are financed with debt.
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Signals
Five 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
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
73.4%
Return on assets
14.3%
Age of the figures
21 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
6 d early
2023
2 d early
2022
31 d early
2021
31 d early
2020
31 d early
2019
17 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€715,276▲ 12.5%
2023 · €636,021
Total assets
€975,001▲ 22.0%
2023 · €799,114
Net result
€139,256▲ 5.0%
2023 · €132,618
Working capital
€659,747▼ 4.6%
2023 · €691,224
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€115,744▲ 30.3%€101,875▼ 12.0%€373,809▲ 267%€197,194▼ 47.2%€204,815▲ 3.9%
Net result€76,746above the sector's middle half▲ 29.7%€59,293within the sector's middle half▼ 22.7%€272,180above the sector's middle half▲ 359%€132,618above the sector's middle half▼ 51.3%€139,256above the sector's middle half▲ 5.0%
Equity€262,778above the sector's middle half▲ 24.5%€288,071above the sector's middle half▲ 9.6%€560,251above the sector's middle half▲ 94.5%€636,021above the sector's middle half▲ 13.5%€715,276above the sector's middle half▲ 12.5%
Total assets€445,148within the sector's middle half▲ 7.9%€503,547above the sector's middle half▲ 13.1%€707,595above the sector's middle half▲ 40.5%€799,114above the sector's middle half▲ 12.9%€975,001above the sector's middle half▲ 22.0%
Debt€182,370▼ 9.5%€215,476▲ 18.2%€76,964▼ 64.3%€92,712▲ 20.5%€189,344▲ 104%
Working capital€184,520above the sector's middle half▲ 58.2%€233,706above the sector's middle half▲ 26.7%€611,038above the sector's middle half▲ 161%€691,224above the sector's middle half▲ 13.1%€659,747above the sector's middle half▼ 4.6%
Solvency59.0%within the sector's middle half▲ 7.9pp57.2%within the sector's middle half▼ 1.8pp79.2%above the sector's middle half▲ 22.0pp79.6%above the sector's middle half▲ 0.4pp73.4%within the sector's middle half▼ 6.2pp
Current ratio2.06within the sector's middle half▲ 0.432.08within the sector's middle half▲ 0.038.94above the sector's middle half▲ 6.858.46above the sector's middle half▼ 0.484.99above the sector's middle half▼ 3.46
Return on assets (ROA)17.2%within the sector's middle half▲ 2.9pp11.8%within the sector's middle half▼ 5.5pp38.5%above the sector's middle half▲ 26.7pp16.6%within the sector's middle half▼ 21.9pp14.3%within the sector's middle half▼ 2.3pp
Staff (FTE)0.5below the sector's middle half=1▲ 100%1.3▲ 30.0%1.3=1▼ 23.1%
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
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 2024; 2024 is 4% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €975,001
Fixed assets
€149,977 ▲ 888%
Current assets
€825,024 ▲ 5.2%
Equity and liabilities €975,001
Equity
€715,276 ▲ 12.5%
Provisions
€70,380 =
Debt
€189,344 ▲ 104%
Debt's share of the balance-sheet total rises from 11.6% to 19.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€232,428▲
2023 · €208,890
Cash flow
€166,869▲
2023 · €144,314
Debt to equity
0.26▲
2023 · 0.15
ROE
19.5%▼
2023 · 20.9%
Interest coverage
60.78▼
2023 · 124.40
Debt ≤ 1 year
€165,278▲
2023 · €92,712
Debt > 1 year
€24,067
Income taxes
€61,755▲
2023 · €60,865
Staff costs
€30,147▼
2023 · €37,590
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,340 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% | 1.8% |
| 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 31,371 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €38,774 | €42,942 | €37,590 | €30,147 | ▼ 19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,228 | €37,200 | €27,537 | €11,696 | €27,614 | ▲ 136% |
| Other operating charges640/8 | - | €8,158 | €2,196 | €1,913 | €6,130 | ▲ 220% |
| Non-recurring operating charges66A | - | €68 | - | €147 | €346 | ▲ 135% |
| Gross operating margin9900 | €183,350 | €186,075 | €446,483 | €248,540 | €269,052 | ▲ 8.3% |
| Operating profit (loss)9901 | €115,744 | €101,875 | €373,809 | €197,194 | €204,815 | ▲ 3.9% |
| Financial income75/76B | - | €13 | €5 | €3 | €21 | ▲ 499% |
| Recurring financial income75 | - | €13 | €5 | €3 | €21 | ▲ 499% |
| Financial charges65/66B | - | €4,563 | €3,705 | €3,715 | €3,824 | ▲ 2.9% |
| Recurring financial charges65 | €3,706 | €4,563 | €3,705 | €1,679 | €3,824 | ▲ 128% |
| Non-recurring financial charges66B | - | - | - | €2,036 | - | - |
| Profit (loss) for the period before taxes9903 | €112,038 | €97,326 | €370,109 | €193,483 | €201,011 | ▲ 3.9% |
| Transfer to deferred taxes680 | - | - | €70,380 | - | - | - |
| Income taxes67/77 | €35,292 | €38,033 | €27,548 | €60,865 | €61,755 | ▲ 1.5% |
| Profit (loss) for the period9904 | €76,746 | €59,293 | €272,180 | €132,618 | €139,256 | ▲ 5.0% |
| Transfer to tax-exempt reserves689 | - | - | €211,141 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €76,746 | €59,293 | €61,038 | €132,618 | €139,256 | ▲ 5.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €445,148 | €503,547 | €707,595 | €799,114 | €975,001 | ▲ 22.0% |
| Fixed assets21/28 | €86,355 | €54,365 | €19,593 | €15,177 | €149,977 | ▲ 888% |
| Tangible fixed assets22/27 | €84,319 | €52,329 | €17,557 | €15,177 | €149,977 | ▲ 888% |
| Land and buildings22 | - | €8,242 | - | - | - | - |
| Plant, machinery and equipment23 | - | €10,558 | €4,493 | €6,297 | €9,162 | ▲ 45.5% |
| Furniture and vehicles24 | - | €33,528 | €13,064 | €8,880 | €140,815 | ▲ 1,486% |
| Financial fixed assets28 | €2,036 | €2,036 | €2,036 | - | - | - |
| Current assets29/58 | €358,794 | €449,182 | €688,002 | €783,937 | €825,024 | ▲ 5.2% |
| Amounts receivable within one year40/41 | €130,971 | €139,256 | €127,055 | €145,231 | €142,942 | ▼ 1.6% |
| Trade receivables40 | - | €44,524 | €41,618 | €54,301 | €49,847 | ▼ 8.2% |
| Other amounts receivable41 | - | €94,732 | €85,436 | €90,930 | €93,095 | ▲ 2.4% |
| Current investments50/53 | €400 | €400 | €400 | €400 | €400 | = |
| Cash at bank and in hand54/58 | €226,752 | €308,857 | €559,878 | €637,610 | €681,683 | ▲ 6.9% |
| Deferred charges and accrued income490/1 | - | €670 | €670 | €696 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €445,148 | €503,547 | €707,595 | €799,114 | €975,001 | ▲ 22.0% |
| Equity10/15 | €262,778 | €288,071 | €560,251 | €636,021 | €715,276 | ▲ 12.5% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €243,268 | €268,268 | €540,409 | €616,161 | €695,361 | ▲ 12.9% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | - | €211,141 | €211,141 | €211,141 | = |
| Distributable reserves133 | - | €266,408 | €327,408 | €405,020 | €484,220 | ▲ 19.6% |
| Profit (loss) carried forward14 | €910 | €1,203 | €1,242 | €1,259 | €1,315 | ▲ 4.4% |
| Provisions and deferred taxes16 | - | - | €70,380 | €70,380 | €70,380 | = |
| Deferred taxes168 | - | - | €70,380 | €70,380 | €70,380 | = |
| Amounts payable17/49 | €182,370 | €215,476 | €76,964 | €92,712 | €189,344 | ▲ 104% |
| Amounts payable after more than one year17 | €8,097 | - | - | - | €24,067 | - |
| Financial debts170/4 | - | - | - | - | €24,067 | - |
| Amounts payable within one year42/48 | €174,273 | €215,476 | €76,964 | €92,712 | €165,278 | ▲ 78.3% |
| Current portion of amounts payable after more than one year42 | - | €8,097 | - | - | €19,878 | - |
| Trade debts44 | €47,379 | €34,607 | €12,846 | €16,962 | €864 | ▼ 94.9% |
| Suppliers440/4 | - | €34,607 | €12,846 | €16,962 | €864 | ▼ 94.9% |
| Taxes, remuneration and social security45 | - | €56,277 | €24,980 | €47,032 | €66,973 | ▲ 42.4% |
| Taxes450/3 | - | €47,080 | €14,880 | €36,446 | €56,171 | ▲ 54.1% |
| Remuneration and social security454/9 | - | €9,197 | €10,100 | €10,585 | €10,802 | ▲ 2.0% |
| Other amounts payable47/48 | - | €116,495 | €39,138 | €28,719 | €77,563 | ▲ 170% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €76,746 | €59,293 | €272,180 | €132,618 | €139,256 | ▲ 5.0% |
| + Depreciation and write-downs630 | €34,228 | €37,200 | €27,537 | €11,696 | €27,614 | ▲ 136% |
| Operating cash flow (approximation) | €110,973 | €96,493 | €299,716 | €144,314 | €166,869 | ▲ 15.6% |
| Investment in fixed assets (approximation) | - | -€5,210 | €7,235 | -€7,279 | -€162,414 | ▼ 2,131% |
| Change in cash | - | €82,104 | €251,021 | €77,733 | €44,073 | ▼ 43.3% |
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
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €272,180 ▲359%
Operating result €373,809, net result €272,180, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 8.94
Current ratio from 2.08 to 8.94; short-term debt falls from €215,476 to €76,964.
31-12
Financial
Equity above €500,000Eq €560,251 ▲94.5%
5 profitable years in a row build equity to €560,251.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
31-12
Financial
Equity above €200,000Eq €211,032 ▲30.4%
2 profitable years in a row build equity to €211,032.
11-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 11 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Welkenraedt · 1 establishment unit since 2012
Ground area
1,056 m²
Building footprint
113 m²
Volume, LiDAR
761 m³
Parcel 63032C0062/00E003, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Rue du Château de Ruyff 16, 4841 Welkenraedt
since 20122.227.985.674
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63032C0062/00E003 | Wallonia | 1,056 m² | 1 · 113 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 12,174 companies in sector 69201 we hold annual accounts for 7,641. 5,004 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-10-1986
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0429589145
Also
9925:BE0429589145
Registered
25-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.