FISCOGED
ActiveSummary
FISCOGED has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €178,600 and a net result of €116,787. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 16% of 15375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability85▲+5
Solvency44▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.59 in 2023; short-term debt: 30.3% and cash: 4.2% of total assets), and 80.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 →
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 15375 sector peers (2024).
NBB · sector comparisonPosition among 15375 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
22 d early
2022
25 d early
2021
23 d late
2020
19 d early
2019
49 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 4 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 (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
In the rankings
#4 company by total assets in Anderlues, Professional and technical services sector#6 company by equity in Anderlues, Professional and technical services sector
Equity
€178,600▲ 50.6%
2023 · €118,600
Total assets
€917,765▼ 0.8%
2023 · €925,005
Net result
€116,787▲ 45.2%
2023 · €80,422
Working capital
€117,749▼ 8.9%
2023 · €129,323
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€114,234▲ 41.8%€93,277▼ 18.3%€82,423▼ 11.6%€138,739▲ 68.3%€178,741▲ 28.8%
Net result€62,994above the sector's middle half▲ 53.1%€49,661within the sector's middle half▼ 21.2%€45,466within the sector's middle half▼ 8.4%€80,422above the sector's middle half▲ 76.9%€116,787above the sector's middle half▲ 45.2%
Equity€122,728within the sector's middle half▲ 105%€171,589within the sector's middle half▲ 39.8%€117,055within the sector's middle half▼ 31.8%€118,600within the sector's middle half▲ 1.3%€178,600within the sector's middle half▲ 50.6%
Total assets€1.1mabove the sector's middle half▲ 1.8%€1.1mabove the sector's middle half▼ 4.1%€1.1mabove the sector's middle half▼ 3.1%€925,005above the sector's middle half▼ 13.3%€917,765above the sector's middle half▼ 0.8%
Debt€1.0m▼ 4.0%€929,103▼ 9.4%€949,372▲ 2.2%€806,405▼ 15.1%€739,165▼ 8.3%
Working capital€196,639above the sector's middle half▲ 37.3%€221,516above the sector's middle half▲ 12.7%€148,094within the sector's middle half▼ 33.1%€129,323within the sector's middle half▼ 12.7%€117,749within the sector's middle half▼ 8.9%
Solvency10.7%below the sector's middle half▲ 5.4pp15.6%below the sector's middle half▲ 4.9pp11.0%below the sector's middle half▼ 4.6pp12.8%below the sector's middle half▲ 1.8pp19.5%below the sector's middle half▲ 6.6pp
Current ratio1.99within the sector's middle half▲ 0.082.19within the sector's middle half▲ 0.201.52within the sector's middle half▼ 0.671.59within the sector's middle half▲ 0.071.42within the sector's middle half▼ 0.16
Return on assets (ROA)5.5%within the sector's middle half▲ 1.8pp4.5%within the sector's middle half▼ 1.0pp4.3%within the sector's middle half▼ 0.2pp8.7%within the sector's middle half▲ 4.4pp12.7%within the sector's middle half▲ 4.0pp
Staff (FTE)5.3above the sector's middle half▲ 23.3%6.4▲ 20.8%6.7▲ 4.7%6.5▼ 3.0%6.7▲ 3.1%
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
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 29% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €917,765
Fixed assets
€522,297 ▼ 9.2%
Current assets
€395,468 ▲ 13.1%
Equity and liabilities €917,765
Equity
€178,600 ▲ 50.6%
Debt
€739,165 ▼ 8.3%
Debt's share of the balance-sheet total falls from 87.2% to 80.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€244,741▲
2023 · €206,299
Cash flow
€182,787▲
2023 · €147,981
Debt to equity
4.14▼
2023 · 6.80
ROE
65.4%▼
2023 · 67.8%
Interest coverage
23.44▲
2023 · 10.59
Debt ≤ 1 year
€277,719▲
2023 · €220,208
Debt > 1 year
€461,446▼
2023 · €586,197
Income taxes
€54,154▲
2023 · €41,555
Staff costs
€284,813▲
2023 · €272,070
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,706 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,706 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 | - | €244,338 | €274,717 | €272,070 | €284,813 | ▲ 4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €77,674 | €74,274 | €74,243 | €67,559 | €66,000 | ▼ 2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€3,335 | €5,567 | -€13,222 | €2,245 | ▲ 117% |
| Other operating charges640/8 | - | €8,021 | €3,409 | €18,190 | €3,977 | ▼ 78.1% |
| Non-recurring operating charges66A | - | €156 | €73 | - | €420 | - |
| Gross operating margin9900 | €394,320 | €416,730 | €440,431 | €483,336 | €536,197 | ▲ 10.9% |
| Operating profit (loss)9901 | €114,234 | €93,277 | €82,423 | €138,739 | €178,741 | ▲ 28.8% |
| Financial income75/76B | - | €1,729 | €6,103 | €2,722 | €2,640 | ▼ 3.0% |
| Recurring financial income75 | €228 | €1,729 | €6,103 | €2,722 | €2,640 | ▼ 3.0% |
| Financial charges65/66B | - | €15,149 | €13,463 | €19,484 | €10,441 | ▼ 46.4% |
| Recurring financial charges65 | €16,266 | €15,149 | €13,463 | €19,484 | €10,441 | ▼ 46.4% |
| Profit (loss) for the period before taxes9903 | €98,195 | €79,857 | €75,063 | €121,977 | €170,940 | ▲ 40.1% |
| Income taxes67/77 | €35,201 | €30,196 | €29,596 | €41,555 | €54,154 | ▲ 30.3% |
| Profit (loss) for the period9904 | €62,994 | €49,661 | €45,466 | €80,422 | €116,787 | ▲ 45.2% |
| Profit (loss) for the period to be appropriated9905 | €62,994 | €49,661 | €45,466 | €80,422 | €116,787 | ▲ 45.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.1m | €1.1m | €925,005 | €917,765 | ▼ 0.8% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €752,621 | €692,820 | €632,514 | €575,474 | €522,297 | ▼ 9.2% |
| Intangible fixed assets21 | €401,308 | €345,280 | €290,003 | €242,975 | €195,948 | ▼ 19.4% |
| Tangible fixed assets22/27 | €351,313 | €347,539 | €341,611 | €331,599 | €325,449 | ▼ 1.9% |
| Land and buildings22 | - | €342,011 | €335,887 | €325,663 | €319,946 | ▼ 1.8% |
| Plant, machinery and equipment23 | - | €0 | €0 | €0 | €0 | - |
| Furniture and vehicles24 | - | €5,528 | €5,725 | €5,935 | €5,503 | ▼ 7.3% |
| Financial fixed assets28 | - | - | €900 | €900 | €900 | = |
| Current assets29/58 | €395,645 | €407,872 | €433,913 | €349,531 | €395,468 | ▲ 13.1% |
| Amounts receivable after more than one year29 | - | €15,000 | €15,000 | €0 | - | - |
| Trade receivables290 | - | €0 | - | - | - | - |
| Other amounts receivable291 | - | €15,000 | €15,000 | €0 | - | - |
| Amounts receivable within one year40/41 | €73,442 | €73,162 | €64,219 | €47,003 | €54,985 | ▲ 17.0% |
| Trade receivables40 | - | €64,554 | €53,497 | €41,185 | €53,724 | ▲ 30.4% |
| Other amounts receivable41 | - | €8,607 | €10,723 | €5,818 | €1,262 | ▼ 78.3% |
| Current investments50/53 | €273,849 | €289,599 | €301,911 | €274,600 | €287,744 | ▲ 4.8% |
| Cash at bank and in hand54/58 | €30,208 | €19,058 | €35,708 | €10,661 | €38,823 | ▲ 264% |
| Deferred charges and accrued income490/1 | - | €11,053 | €17,075 | €17,267 | €13,915 | ▼ 19.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €1.1m | €925,005 | €917,765 | ▼ 0.8% |
| Equity10/15 | €122,728 | €171,589 | €117,055 | €118,600 | €178,600 | ▲ 50.6% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | - | - | €100,000 | €160,000 | ▲ 60.0% |
| Distributable reserves133 | - | - | - | €100,000 | €160,000 | ▲ 60.0% |
| Profit (loss) carried forward14 | €104,128 | €152,989 | €98,455 | €0 | - | - |
| Amounts payable17/49 | €1.0m | €929,103 | €949,372 | €806,405 | €739,165 | ▼ 8.3% |
| Amounts payable after more than one year17 | €826,437 | €742,747 | €659,879 | €586,197 | €461,446 | ▼ 21.3% |
| Financial debts170/4 | - | €742,747 | €659,879 | €586,197 | €461,446 | ▼ 21.3% |
| Amounts payable within one year42/48 | €199,007 | €186,356 | €285,819 | €220,208 | €277,719 | ▲ 26.1% |
| Current portion of amounts payable after more than one year42 | - | €83,690 | €82,868 | €74,549 | €124,751 | ▲ 67.3% |
| Trade debts44 | €22,007 | €17,269 | €16,981 | €8,508 | €14,369 | ▲ 68.9% |
| Suppliers440/4 | - | €17,269 | €16,981 | €8,508 | €14,369 | ▲ 68.9% |
| Advances received on contracts in progress46 | - | - | - | €1,559 | €2,087 | ▲ 33.8% |
| Taxes, remuneration and social security45 | - | €84,166 | €83,197 | €54,037 | €77,013 | ▲ 42.5% |
| Taxes450/3 | - | €52,916 | €46,399 | €24,751 | €42,771 | ▲ 72.8% |
| Remuneration and social security454/9 | - | €31,251 | €36,798 | €29,285 | €34,242 | ▲ 16.9% |
| Other amounts payable47/48 | - | €1,230 | €102,773 | €81,555 | €59,499 | ▼ 27.0% |
| Accrued charges and deferred income492/3 | - | €0 | €3,674 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,994 | €49,661 | €45,466 | €80,422 | €116,787 | ▲ 45.2% |
| + Depreciation and write-downs630 | €77,674 | €74,274 | €74,243 | €67,559 | €66,000 | ▼ 2.3% |
| Operating cash flow (approximation) | €140,669 | €123,935 | €119,709 | €147,981 | €182,787 | ▲ 23.5% |
| Investment in fixed assets (approximation) | - | -€14,472 | -€13,938 | -€10,519 | -€12,823 | ▼ 21.9% |
| Change in cash | - | -€11,150 | €16,649 | -€25,046 | €28,162 | ▲ 212% |
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
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €116,787 ▲45.2%
Operating result €178,741, net result €116,787, both a record.
31-12
Financial
Equity above €150,000Eq €178,600 ▲50.6%
6 profitable years in a row build equity to €178,600.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Equity above €150,000Eq €171,589 ▲39.8%
3 profitable years in a row build equity to €171,589.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100,000Eq €122,728 ▲105%
2 profitable years in a row build equity to €122,728.
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Anderlues · 2 establishment units since 2019
Ground area
4,409 m²
Building footprint
502 m²
Volume, LiDAR
3,046 m³
2 parcels, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
FISCOGED
since 20192.287.289.001
FISCOGED
since 20192.287.289.197
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56058B0276/00S000 | Wallonia | 2,996 m² | 1 · 184 m² | 9.8 m · 3 fl. |
| 56302D0508/00L000 | Wallonia | 1,413 m² | 1 · 318 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GESTCONSULT
BE 0860.637.250
Braine-l'Alleud · Eq €178,467
Mavie Recruitment srl
BE 0889.040.335
Brussel · Eq €178,798
4S ADVISING
BE 0777.766.586
Braine-l'Alleud · Eq €178,816
FISCOWEL
BE 0865.627.109
Welkenraedt · Eq €178,947
Accountantskantoor De Rop
BE 0454.380.563
Opwijk · Eq €178,978
Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 6,484 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
Founded26-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0723635440
Also
9925:BE0723635440
Registered
20-08-2025
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.