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FISKAPLUS

Active
Private limited companyfounded 2006active for 20 yearsHalensebaan 82, 3473 Kortenaken, BelgiumKBO/BCE: BE 0881.351.601

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 69 days after the deadline Filed on 8 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00551312.

Annual accounts 2025 filed on 08-10-2026 at the NBB all 19 filings

Turnover
≈ €2.1m
Estimated: probably between €1.4m and €3.4m
Total assets
€3.0m▲ 8.9%
2024 · €2.8m
Net result
€237,567▲ 12.2%
2024 · €211,808
Working capital
€497,989▲ 13.9%
2024 · €437,116
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 16% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.

Operating result€0.4m 2025 Net result€0.2m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.1m-€0.2m▲ 50.0%€0.2m▲ 29.0%€0.2m▼ 9.8%€0.3m▲ 30.7%€0.3m▲ 21.1%€0.3m▲ 0.9%€0.4m▲ 15.9%
Net result€0.07m-€0.1m▲ 72.6%€0.2mwithin the sector's middle half▲ 37.4%€0.1mwithin the sector's middle half▼ 11.0%€0.2mwithin the sector's middle half▲ 22.9%€0.2mwithin the sector's middle half▲ 27.1%€0.2mwithin the sector's middle half▼ 5.4%€0.2mwithin the sector's middle half▲ 12.2%
Equity€0.7m-€0.8m▲ 16.8%€1.0mabove the sector's middle half▲ 20.0%€1.1mabove the sector's middle half▲ 14.8%€1.3mabove the sector's middle half▲ 15.9%€1.5mabove the sector's middle half▲ 17.4%€1.7mabove the sector's middle half▲ 14.0%€2.0mabove the sector's middle half▲ 13.8%
Total assets€1.7m-€1.8m▲ 4.3%€2.1mwithin the sector's middle half▲ 17.0%€2.1mwithin the sector's middle half▲ 2.6%€2.4mwithin the sector's middle half▲ 13.6%€2.6mwithin the sector's middle half▲ 7.4%€2.8mabove the sector's middle half▲ 6.0%€3.0mabove the sector's middle half▲ 8.9%
Debt€1.0m-€1.0m▼ 3.1%€1.1m▲ 14.9%€1.0m▼ 7.8%€1.1m▲ 11.3%€1.1m▼ 3.7%€1.0m▼ 5.0%€1.1m▲ 1.0%
Working capital€0.5m-€0.5m▲ 1.8%€0.6mabove the sector's middle half▲ 32.0%€0.6mabove the sector's middle half▼ 10.8%€0.6mabove the sector's middle half▲ 16.2%€0.5mwithin the sector's middle half▼ 23.0%€0.4mwithin the sector's middle half▼ 12.4%€0.5mabove the sector's middle half▲ 13.9%
Solvency40.3%-45.1%▲ 4.8pp46.2%within the sector's middle half▲ 1.1pp51.7%within the sector's middle half▲ 5.5pp52.8%within the sector's middle half▲ 1.0pp57.7%within the sector's middle half▲ 4.9pp62.1%within the sector's middle half▲ 4.4pp64.9%within the sector's middle half▲ 2.8pp
Current ratio2.99-2.58▼ 0.422.57within the sector's middle half▼ 0.012.34within the sector's middle half▼ 0.232.39within the sector's middle half▲ 0.052.06within the sector's middle half▼ 0.332.03within the sector's middle half▼ 0.031.88within the sector's middle half▼ 0.15
Return on assets (ROA)4.0%-6.6%▲ 2.6pp7.7%within the sector's middle half▲ 1.1pp6.7%within the sector's middle half▼ 1.0pp7.2%within the sector's middle half▲ 0.5pp8.6%within the sector's middle half▲ 1.3pp7.6%within the sector's middle half▼ 0.9pp7.9%within the sector's middle half▲ 0.2pp
Staff (FTE)5.3-6.5▲ 22.6%9above the sector's middle half▲ 38.5%9above the sector's middle half=9.2above the sector's middle half▲ 2.2%9.1above the sector's middle half▼ 1.1%8above the sector's middle half▼ 12.1%9.4above the sector's middle half▲ 17.5%
above within below The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.0m
Fixed assets €2.0m ▲ 2.4%
Current assets €1.1m ▲ 23.2%
Equity and liabilities €3.0m
Equity €2.0m ▲ 13.8%
Provisions €4,960 ▼ 16.7%
Debt €1.1m ▲ 1.0%
Debt's share of the balance-sheet total falls from 37.7% to 35.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€529,274▲
2024 · €448,259
Cash flow
€391,991▲
2024 · €336,543
Debt to equity
0.54▼
2024 · 0.61
ROE
12.1%▼
2024 · 12.3%
Interest coverage
17.35▲
2024 · 11.22
Debt ≤ 1 year
€565,173▲
2024 · €425,505
Debt > 1 year
€491,154▼
2024 · €620,369
Income taxes
€111,718▲
2024 · €83,785
Staff costs
€668,437▲
2024 · €506,020
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as FISKAPLUS: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €2m and €3.5m, founded between 2000 and 2010.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
FISKAPLUS Kortenaken2006€3.0m€2.0m€1.2m€0.2m9.42025
VDVACCOUNTANTS Sint-Lievens-Houtem2000€3.0m€2.0m€1.1m€0.3m7.92025
Fiducia Consult & Invest Oostende2008€2.3m€1.1m€0.9m€0.2m102024
JEAN-BERNARD LEVEUGLE Awans2000€2.5m€1.4m€0.9m€0.3m92025
A.A. FIDEXCO (Advice & Accountancy) Binche2010€2.7m€1.6m€1.0m€0.3m7.62025
Accratio Mechelen2010€3.5m€0.4m€1.8m-€0.1m10.12025
FK BOEKHOUDING Gent2009€2.0m€1.3m€1.0m€0.2m9.52025

They were chosen from the 7,241 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 31,368 companies had the same profile as FISKAPLUS has now. Two years later, 0.5% had gone bankrupt and 93.5% were 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
93.5% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of FISKAPLUS itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for FISKAPLUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Subsidies and aid

Flemish government

2022 · 1 entry · €150 awarded · €150 paid
Schemes
1 entry · €150 · €150 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines

Source: Annual accounts 2025 at the NBB, filed on 08-10-2026.

Balance sheet Code20242025
Assets
Total assets20/58€2.8m€3.0m▲
Fixed assets21/28€1.9m€2.0m▲
Tangible fixed assets22/27€1.9m€2.0m▲
Land and buildings22€1.9m€1.9m▲
Plant, machinery and equipment23€0.001m€0.005m▲
Furniture and vehicles24€0.003m€0.003m▼
Current assets29/58€0.9m€1.1m▲
Amounts receivable within one year40/41€0.2m€0.4m▲
Trade receivables40€0.2m€0.3m▲
Other amounts receivable41€0.01m€0.03m▲
Current investments50/53€0.2m€0.3m▲
Cash at bank and in hand54/58€0.5m€0.4m▼
Deferred charges and accrued income490/1-€0.002m
Equity and liabilities
Total equity and liabilities10/49€2.8m€3.0m▲
Equity10/15€1.7m€2.0m▲
Contributions10/11€0.03m€0.03m=
Reserves13€0.5m€0.7m▲
Tax-exempt reserves132€0.2m€0.2m▼
Distributable reserves133€0.3m€0.5m▲
Profit (loss) carried forward14€1.2m€1.2m=
Provisions and deferred taxes16€0.006m€0.005m▼
Deferred taxes168€0.006m€0.005m▼
Amounts payable17/49€1.0m€1.1m▲
Amounts payable after more than one year17€0.6m€0.5m▼
Financial debts170/4€0.6m€0.5m▼
Amounts payable within one year42/48€0.4m€0.6m▲
Current portion of amounts payable after more than one year42€0.2m€0.2m▲
Trade debts44€0.1m€0.2m▲
Suppliers440/4€0.1m€0.2m▲
Advances received on contracts in progress46€410€410=
Taxes, remuneration and social security45€0.2m€0.2m▲
Taxes450/3€0.07m€0.1m▲
Remuneration and social security454/9€0.08m€0.1m▲
Other amounts payable47/48€0.001m-
Income statement Code20242025
Remuneration, social security and pensions62€0.5m€0.7m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.2m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.001m-€0.002m▼
Other operating charges640/8€0.01m€0.009m▼
Gross operating margin9900€1.0m€1.2m▲
Operating profit (loss)9901€0.3m€0.4m▲
Financial income75/76B€0.01m€0.004m▼
Recurring financial income75€0.01m€0.004m▼
Financial charges65/66B€0.04m€0.03m▼
Recurring financial charges65€0.04m€0.03m▼
Profit (loss) for the period before taxes9903€0.3m€0.3m▲
Transfer from deferred taxes780€0.001m€0.001m=
Income taxes67/77€0.08m€0.1m▲
Profit (loss) for the period9904€0.2m€0.2m▲
Transfer from tax-exempt reserves789€0.002m€0.002m=
Profit (loss) for the period to be appropriated9905€0.2m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.3m€1.4m▲
Profit (loss) brought forward from the previous period14P€1.0m€1.2m▲
Transfer to equity691/2€0.05m€0.2m▲
To other reserves6921€0.05m€0.2m▲
Social balance sheet
Average headcount (FTE)90878.09.4▲

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€0.5m€0.6m€0.6m€0.5m€0.7m▲ 32.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m€0.05m€0.07m€0.08m€0.09m€0.1m€0.2m▲ 23.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€0.2m€0.03m-€0.3m€0.001m-€0.002m-
Other operating charges640/8---€0.007m€0.02m€0.02m€0.01m€0.009m▼ 19.5%
Gross operating margin9900€0.6m€0.7m€0.8m€1.0m€1.0m€0.7m€1.0m€1.2m▲ 24.6%
Operating profit (loss)9901€0.1m€0.2m€0.2m€0.2m€0.3m€0.3m€0.3m€0.4m▲ 15.9%
Financial income75/76B---€0.003m€0.003m€0.02m€0.01m€0.004m▼ 64.2%
Recurring financial income75€0.002m€0.004m€0.006m€0.003m€0.003m€0.02m€0.01m€0.004m▼ 64.2%
Financial charges65/66B---€0.03m€0.02m€0.03m€0.04m€0.03m▼ 23.6%
Recurring financial charges65€0.03m€0.03m€0.03m€0.03m€0.02m€0.03m€0.04m€0.03m▼ 23.6%
Profit (loss) for the period before taxes9903€0.09m€0.2m€0.2m€0.2m€0.2m€0.3m€0.3m€0.3m▲ 18.2%
Transfer from deferred taxes780---€0.001m€0.001m€0.001m€0.001m€0.001m=
Income taxes67/77€0.02m€0.04m€0.05m€0.04m€0.07m€0.08m€0.08m€0.1m▲ 33.3%
Profit (loss) for the period9904€0.07m€0.1m€0.2m€0.1m€0.2m€0.2m€0.2m€0.2m▲ 12.2%
Transfer from tax-exempt reserves789---€0.002m€0.002m€0.002m€0.002m€0.002m=
Profit (loss) for the period to be appropriated9905€0.07m€0.1m€0.2m€0.1m€0.2m€0.2m€0.2m€0.2m▲ 12.1%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.7m€1.8m€2.1m€2.1m€2.4m€2.6m€2.8m€3.0m▲ 8.9%
Fixed assets21/28€1.0m€1.0m€1.1m€1.2m€1.3m€1.6m€1.9m€2.0m▲ 2.4%
Tangible fixed assets22/27€1.0m€1.0m€1.1m€1.2m€1.3m€1.6m€1.9m€2.0m▲ 2.4%
Land and buildings22---€1.2m€1.3m€1.6m€1.9m€1.9m▲ 2.3%
Plant, machinery and equipment23---€0.002m€0.002m€0.002m€0.001m€0.005m▲ 442%
Furniture and vehicles24---€0.008m€0.01m€0.007m€0.003m€0.003m▼ 27.3%
Current assets29/58€0.7m€0.8m€1.0m€1.0m€1.1m€1.0m€0.9m€1.1m▲ 23.2%
Amounts receivable within one year40/41€0.2m€0.2m€0.3m€0.3m€0.3m€0.3m€0.2m€0.4m▲ 68.4%
Trade receivables40---€0.2m€0.2m€0.2m€0.2m€0.3m▲ 63.9%
Other amounts receivable41---€0.05m€0.03m€0.08m€0.01m€0.03m▲ 140%
Current investments50/53€0.05m€0.05m€0.05m€0.05m€0.06m€0.3m€0.2m€0.3m▲ 54.8%
Cash at bank and in hand54/58€0.5m€0.5m€0.7m€0.6m€0.8m€0.4m€0.5m€0.4m▼ 9.4%
Deferred charges and accrued income490/1---€0.006m€0.005m€0.007m-€0.002m-
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.8m€2.1m€2.1m€2.4m€2.6m€2.8m€3.0m▲ 8.9%
Equity10/15€0.7m€0.8m€1.0m€1.1m€1.3m€1.5m€1.7m€2.0m▲ 13.8%
Contributions10/11€0.03m€0.03m-€0.03m€0.03m€0.03m€0.03m€0.03m=
Reserves13€0.3m€0.3m€0.3m€0.3m€0.4m€0.4m€0.5m€0.7m▲ 49.0%
Non-distributable reserves130/1---€0.003m€0.003m€0.003m---
Reserves not available under the articles1311---€0.003m€0.003m€0.003m---
Tax-exempt reserves132---€0.2m€0.2m€0.2m€0.2m€0.2m▼ 1.0%
Distributable reserves133---€0.1m€0.2m€0.2m€0.3m€0.5m▲ 83.2%
Profit (loss) carried forward14€0.3m€0.5m€0.6m€0.7m€0.9m€1.0m€1.2m€1.2m=
Provisions and deferred taxes16€0.02m€0.01m€0.01m€0.009m€0.008m€0.007m€0.006m€0.005m▼ 16.7%
Deferred taxes168---€0.009m€0.008m€0.007m€0.006m€0.005m▼ 16.7%
Amounts payable17/49€1.0m€1.0m€1.1m€1.0m€1.1m€1.1m€1.0m€1.1m▲ 1.0%
Amounts payable after more than one year17€0.8m€0.7m€0.7m€0.6m€0.7m€0.6m€0.6m€0.5m▼ 20.8%
Financial debts170/4---€0.6m€0.7m€0.6m€0.6m€0.5m▼ 20.8%
Amounts payable within one year42/48€0.2m€0.3m€0.4m€0.4m€0.5m€0.5m€0.4m€0.6m▲ 32.8%
Current portion of amounts payable after more than one year42---€0.1m€0.1m€0.1m€0.2m€0.2m▲ 0.6%
Trade debts44€0.02m€0.06m€0.09m€0.07m€0.09m€0.09m€0.1m€0.2m▲ 62.8%
Suppliers440/4---€0.07m€0.09m€0.09m€0.1m€0.2m▲ 62.8%
Advances received on contracts in progress46---€410€410€410€410€410=
Taxes, remuneration and social security45---€0.2m€0.2m€0.2m€0.2m€0.2m▲ 46.7%
Taxes450/3---€0.2m€0.1m€0.2m€0.07m€0.1m▲ 71.7%
Remuneration and social security454/9---€0.08m€0.09m€0.09m€0.08m€0.1m▲ 24.7%
Other amounts payable47/48------€0.001m--
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€67,898€117,192€160,985€143,332€176,117€223,799€211,808€237,567▲ 12.2%
+ Depreciation and write-downs630€144,419€95,318€52,850€68,356€81,140€88,669€124,736€154,424▲ 23.8%
Operating cash flow (approximation)€212,318€212,509€213,835€211,688€257,257€312,468€336,543€391,991▲ 16.5%
Investment in fixed assets (approximation)--€93,451-€106,805-€173,430-€233,351-€413,336-€387,414-€200,912▲ 48.1%
Change in cash-€23,617€218,557-€64,270€131,635-€385,581€90,184-€44,294-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 19 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 08-10-2026 2026-00551312 NBB
31-12-2024 abbreviated format 29-09-2025 2025-00510338 PDF
31-12-2023 abbreviated format 30-08-2024 2024-00404899 PDF
31-12-2022 abbreviated format 19-06-2023 2023-00135134 PDF
31-12-2021 abbreviated format 19-07-2022 2022-20198145 PDF
31-12-2020 abbreviated format 26-08-2021 2021-56000059 PDF
31-12-2019 abbreviated format 16-06-2020 2020-16900424 PDF
31-12-2018 micro format 13-09-2019 2019-64100453 PDF
31-12-2017 micro format 25-09-2018 2018-64100584 PDF
31-12-2016 micro format 26-09-2017 2017-62200397 PDF

Show all 19 filings

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