FISCOMUST
ActiveFISCOMUST has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €117k and a net result of €-14k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 3253 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-62
Solvency99▼-1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.03 against 3.07 in 2024), and 36.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 →
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
79 d late
2022
17 d late
2021
58 d late
2020
181 d late
2019
122 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-14k
2024 · €16k
2018: €25k
2019: €22k
2020: €10k
2021: €12k
2022: €-4k
2023: €3k
2024: €16k
2018 → 2025
Working capital
€121k▼ 7.0%
2024 · €130k
2018: €84k
2019: €114k
2020: €100k
2021: €124k
2022: €100k
2023: €110k
2024: €130k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€115k-€111k▼ 3.9%€114k▲ 3.1%€131k▲ 14.1%€117k▼ 10.8%
Operating result€19k-€4k▼ 81.1%€10k▲ 178%€25k▲ 153%€-11k
Net result€12k-€-4k€3k€16k▲ 366%€-14k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11k after €25k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €183k
Fixed assets
€2k▼ 51.8%
Current assets
€181k▼ 6.3%
Equity and liabilities €183k
Equity
€117k▼ 10.8%
Provisions
€2k=
Debt
€65k▼ 0.6%
The debt ratio rises from 33.0% to 35.4%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-8k▼
2024 · €30k
Cash flow
€-10k▼
2024 · €21k
Solvency
63.7%▼
2024 · 66.2%
Current ratio
3.03▼
2024 · 3.07
Quick ratio
3.03▼
2024 · 3.07
Debt / equity
0.56▲
2024 · 0.50
ROE
-12.1%▼
2024 · 12.4%
ROA
-7.7%▼
2024 · 8.2%
Interest coverage
-4.17▼
2024 · 64.45
Debt
€65k▼
2024 · €65k
Debt ≤ 1 year
€60k▼
2024 · €63k
Income taxes
€938▼
2024 · €8k
Staff costs
€48k▲
2024 · €45k
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€197k€183k▼
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€193k€181k▼
Amounts receivable within one year40/41€180k€170k▼
Trade receivables40€108k€105k▼
Other amounts receivable41€71k€65k▼
Cash at bank and in hand54/58€2k€459▼
Deferred charges and accrued income490/1€11k€11k▼
Equity and liabilities
Total equity and liabilities10/49€197k€183k▼
Equity10/15€131k€117k▼
Contributions10/11€88k€88k=
Capital10€88k€88k=
Issued capital100€88k€88k=
Reserves13€888€888=
Non-distributable reserves130/1€888€888=
Legal reserve130€888€888=
Profit (loss) carried forward14€42k€28k▼
Provisions and deferred taxes16€2k€2k=
Provisions for liabilities and charges160/5€2k€2k=
Pensions and similar obligations160€2k€2k=
Amounts payable17/49€65k€65k▼
Amounts payable within one year42/48€63k€60k▼
Trade debts44€28k€26k▼
Suppliers440/4€28k€26k▼
Taxes, remuneration and social security45€34k€33k▼
Taxes450/3€26k€16k▼
Remuneration and social security454/9€9k€16k▲
Other amounts payable47/48€325€509▲
Accrued charges and deferred income492/3€2k€5k▲
Income statement
Code20242025
Remuneration, social security and pensions62€45k€48k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-10k€13k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€67k€58k▼
Operating profit (loss)9901€25k€-11k▼
Financial income75/76B€10€3▼
Recurring financial income75€10€3▼
Financial charges65/66B€461€2k▲
Recurring financial charges65€461€2k▲
Profit (loss) for the period before taxes9903€25k€-13k▼
Income taxes67/77€8k€938▼
Profit (loss) for the period9904€16k€-14k▼
Profit (loss) for the period to be appropriated9905€16k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€28k▼
Profit (loss) brought forward from the previous period14P€26k€42k▲
The notes to these accounts (4 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-14k ▼187%
Net result drops to €-14k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
18-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 79 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 17 days late
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 58 days late
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 181 days late
2020
31-12
Financial
Equity above €100kEq €103k ▲10.3%
3 profitable years in a row build equity to €103k.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 85 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 57 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Andenne · 1 establishment unit since 1996
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.
Jodion 1425300 Andenne1 establishment unit
Jodion 142, 5300 Andenne
since 19962.239.700.108
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Of 12,122 companies in sector 69201 we hold annual accounts for 7,600. 6,491 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-12-1996
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
74121
74124
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filings
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.