FISCOMA
ActiveFrom the official registers: KBO 24 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
FISCOMA has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,634 and a net result of €44,179. Equity remains stable across the filed financial years (±1.5% per year). Its solvency ranks better than 17% of 15,743 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
KBO- Status
- Active since 25-10-2000 Normal situation
- Legal form
- Private limited company
- Registered office
- Rue des Verts Pacages(TSL) 19, 1457 Walhain
- Activity
- Certified accountants and tax accountants NACE 69201
- Establishment unit
- 2.202.558.511 1457 Walhain, since 12-10-2000
- Financial year end
- 30 September
- Peppol
- Reachable since 01-10-2025
Who decides
- BUREAU BEAMDirector · permanent representative MEUNIER Armand Jean-Marie André Marcel
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €97,264
- ▲ 19.8%
- Turnover
- ≈ €200,000
- estimated
- Profit
- €44,179
- ▲ 66.9%
- Equity
- €26,634
- ▲ 18.6%
- Total assets
- €178,117
- ▼ 4.7%
- Staff
- ≈ 0.8 FTE
- estimated
Why 85raises riskLast filed accounts filed 31 days late; 2 of the last 3 lateLiquidity: current ratio 0.71, cash €2,220, halvedlowers riskSector: Legal and accounting activities (NACE 69)Size: total assets €178,117Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro): better than 19% on solvency, 7% on liquidity, 63% on profitability and 64% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 8 days after the deadline; the sector median (NACE 69) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00127868.
Annual accounts 2025
- Financial year ended
- 30-09-2025
- Filed on
- 31-05-2026
- Format
- micro format
- Reference
- 2026-00127868
2020 to 2025, 5 financial years 2019 to 2025, 6 financial years
The operating result rises in 2025; 2025 is 53% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95.1% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,445 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 3,818 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €32,171 | €31,242 | ▼ 2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €612 | €619 | €619 | €619 | €16,773 | €17,448 | ▲ 4.0% |
| Other operating charges640/8 | - | - | €1,175 | €171 | €679 | €275 | ▼ 59.5% |
| Gross operating margin9900 | €23,886 | €25,648 | €32,455 | €31,427 | €81,196 | €97,264 | ▲ 19.8% |
| Operating profit (loss)9901 | €23,242 | €25,029 | €30,661 | €30,637 | €31,573 | €48,300 | ▲ 53.0% |
| Financial charges65/66B | - | - | €288 | €318 | €4,926 | €4,121 | ▼ 16.4% |
| Recurring financial charges65 | €228 | €322 | €288 | €318 | €4,926 | €4,121 | ▼ 16.4% |
| Profit (loss) for the period before taxes9903 | €23,014 | €24,707 | €30,372 | €30,319 | €26,646 | €44,179 | ▲ 65.8% |
| Income taxes67/77 | €7 | €139 | €120 | €170 | €175 | - | - |
| Profit (loss) for the period9904 | €23,007 | €24,568 | €30,252 | €30,149 | €26,472 | €44,179 | ▲ 66.9% |
| Profit (loss) for the period to be appropriated9905 | €23,007 | €24,568 | €30,252 | €30,149 | €26,472 | €44,179 | ▲ 66.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €50,876 | €52,170 | €67,183 | €68,120 | €186,812 | €178,117 | ▼ 4.7% |
| Fixed assets21/28 | - | €1,239 | €619 | - | €133,545 | €116,098 | ▼ 13.1% |
| Intangible fixed assets21 | - | - | - | - | €132,000 | €115,325 | ▼ 12.6% |
| Tangible fixed assets22/27 | - | €1,239 | €619 | - | €1,545 | €773 | ▼ 50.0% |
| Plant, machinery and equipment23 | - | - | €619 | - | €1,545 | €773 | ▼ 50.0% |
| Current assets29/58 | €50,876 | €50,932 | €66,563 | €68,120 | €53,266 | €62,019 | ▲ 16.4% |
| Amounts receivable within one year40/41 | €49,922 | €28,700 | €59,854 | €62,869 | €45,542 | €57,935 | ▲ 27.2% |
| Trade receivables40 | - | - | €23,437 | €19,912 | €45,057 | €41,353 | ▼ 8.2% |
| Other amounts receivable41 | - | - | €36,417 | €42,957 | €485 | €16,582 | ▲ 34× |
| Cash at bank and in hand54/58 | €954 | €22,231 | €6,709 | €5,251 | €5,449 | €2,220 | ▼ 59.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2,276 | €1,864 | ▼ 18.1% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €50,876 | €52,170 | €67,183 | €68,120 | €186,812 | €178,117 | ▼ 4.7% |
| Equity10/15 | €21,150 | €21,717 | €21,970 | €22,119 | €22,455 | €26,634 | ▲ 18.6% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Issued capital100 | - | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €698 | €1,266 | €1,519 | €1,668 | €2,003 | €6,183 | ▲ 209% |
| Amounts payable17/49 | €29,727 | €30,453 | €45,213 | €46,001 | €164,357 | €151,483 | ▼ 7.8% |
| Amounts payable after more than one year17 | - | - | - | - | €82,949 | €64,602 | ▼ 22.1% |
| Financial debts170/4 | - | - | - | - | €82,949 | €64,602 | ▼ 22.1% |
| Amounts payable within one year42/48 | €29,727 | €30,453 | €45,213 | €46,001 | €81,408 | €86,881 | ▲ 6.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €17,673 | €18,347 | ▲ 3.8% |
| Trade debts44 | €4,833 | €5,553 | €14,332 | €15,831 | €7,940 | €5,352 | ▼ 32.6% |
| Suppliers440/4 | - | - | €14,332 | €15,831 | €7,940 | €5,352 | ▼ 32.6% |
| Taxes, remuneration and social security45 | - | - | €120 | €170 | €3,030 | €7,719 | ▲ 155% |
| Taxes450/3 | - | - | €120 | - | €4 | €642 | ▲ 143× |
| Remuneration and social security454/9 | - | - | - | €170 | €3,025 | €7,077 | ▲ 134% |
| Other amounts payable47/48 | - | - | €30,760 | €30,000 | €52,766 | €55,463 | ▲ 5.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,007 | €24,568 | €30,252 | €30,149 | €26,472 | €44,179 | ▲ 66.9% |
| + Depreciation and write-downs630 | €612 | €619 | €619 | €619 | €16,773 | €17,448 | ▲ 4.0% |
| Operating cash flow (approximation) | €23,620 | €25,187 | €30,872 | €30,768 | €43,244 | €61,627 | ▲ 42.5% |
| Investment in fixed assets (approximation) | - | - | €0 | - | - | €0 | - |
| Change in cash | - | €21,277 | -€15,522 | -€1,458 | - | -€3,229 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 31-05-2026 | 2026-00127868 | |
| 30-09-2024 | micro format | 30-04-2025 | 2025-00092390 | |
| 30-09-2022 | micro format | 29-06-2023 | 2023-00170996 | |
| 30-09-2021 | micro format | 29-04-2022 | 2022-20020324 | |
| 30-09-2020 | micro format | 29-04-2021 | 2021-12000445 | |
| 30-09-2019 | micro format | 30-04-2020 | 2020-11200558 | |
| 30-09-2018 | micro format | 27-03-2019 | 2019-08000531 | |
| 30-09-2017 | full format | 30-05-2018 | 2018-14400337 | |
| 30-09-2016 | full format | 31-05-2017 | 2017-14500068 | |
| 30-09-2015 | full format | 22-05-2016 | 2016-12700114 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BUREAU BEAM |
|
How the board is organised
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, organe d'administration”“Gratuit ou remunere, assemblee generale”
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale, formes prévues pour modifications aux statuts”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments”
Articles of association, deed of 18-12-2023 (in French)
Owners and capital
Owners
1 ownerChain of control
- BUREAU BEAM
- FISCOMA
Owners 1
-
100%
Capital and shareholders
- BUREAU BEAM (BE 0899.215.833) all shares
- 18-12-2023 Converted to unavailable equity · €20,451.21
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives avec mentions CSA”
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions, courrier électronique, ou courrier ordinaire même jour pour personnes sans adresse…”
- Membership ruleWho can become a member or partner, and on what terms.
- “Loi relative aux professions d’expert-comptable et de conseiller fiscal, experts-comptables certifiés, conseillers fiscaux certifiés…”
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 18-12-2023 (in French)
Group and network
Connections & network
2 connected companiesHistory
Acts, filings and financial milestones
18-12
Gazette deed
Resignation: BUREAU BEAM (manager)Appointments: BUREAU BEAM (director) and MEUNIER Armand Jean-Marie André Marcel (sole director) · Permanent representative: MEUNIER Armand Jean-Marie André Marcel · Capital14 facts ▸
- Capital
- Registered office clause, “unanimité, conserver” (deed in French)
- Director resignation, BUREAU BEAM (manager)
- Director appointment, BUREAU BEAM (director (not named in the articles))
- Permanent representative, MEUNIER Armand Jean-Marie André Marcel
- Director discharge, BUREAU BEAM
- General meeting, 11-12-2023
- Shareholding, 750, “sans désignation de valeur nominale” (deed in French)
- Director appointment, MEUNIER Armand Jean-Marie André Marcel (sole director)
- Other provision, “ordre du jour et délibérations, adapter statuts au Code des sociétés et des associations” (deed in French)
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- +2 further facts in this act
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- FISCOMA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Tuesday of February at 15:00
Articles of association, deed of 18-12-2023 (in French)
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25104B0392/00S000 | Wallonia | 941 m² | 1 · 104 m² | 7.1 m · 2 |