FISSE
ActiveFISSE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.83M and a net result of €242k. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 17% of 3569 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
76
/ 100
Excellent▲ +15 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability66▲+38
Solvency23=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.09 in 2023), and 84.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
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
15.7%
Return on assets
2.1%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 3569 sector peers (2024).
NBB · sector comparisonPosition among 3569 sector peers
Solvency
better than 17%
← 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 05-06-2025, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d early
2023
67 d early
2022
68 d early
2021
52 d early
2020
15 d early
2019
17 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€242k▲ 167%
2023 · €91k
2018: €169k
2019: €201k
2020: €-5k
2021: €-184k
2022: €329k
2023: €91k
2018 → 2024
Working capital
€304k▼ 42.3%
2023 · €526k
2018: €-446k
2019: €-293k
2020: €-592k
2021: €-876k
2022: €-72k
2023: €526k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€773k-€1.15M▲ 49.1%€1.46M▲ 26.6%€1.60M▲ 9.8%€1.83M▲ 14.3%
Operating result€-49k-€-180k▼ 265%€348k€323k▼ 7.3%€565k▲ 74.9%
Net result€-5k-€-184k▼ 3,325%€329k€91k▼ 72.4%€242k▲ 167%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 75% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11.64M
Fixed assets
€5.38M▲ 12.5%
Current assets
€6.26M▲ 1.1%
Equity and liabilities €11.64M
Equity
€1.83M▲ 14.3%
Provisions
€59k▼ 35.0%
Debt
€9.75M▲ 5.0%
The debt ratio falls from 84.6% to 83.8%: equity grows faster than debt.
Key figures and ratios
EBITDA
€1.62M▲
2023 · €1.49M
Cash flow
€1.30M▲
2023 · €1.26M
Solvency
15.7%▲
2023 · 14.6%
Current ratio
1.05▼
2023 · 1.09
Quick ratio
1.04▼
2023 · 1.08
Debt / equity
5.33▼
2023 · 5.79
ROE
13.2%▲
2023 · 5.7%
ROA
2.1%▲
2023 · 0.8%
Interest coverage
6.40▼
2023 · 7.34
Debt
€9.75M▲
2023 · €9.28M
Debt ≤ 1 year
€5.96M▲
2023 · €5.67M
Debt > 1 year
€3.79M▲
2023 · €3.35M
Income taxes
€147k▲
2023 · €86k
Staff costs
€2.17M▲
2023 · €2.03M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€10.98M€11.64M▲
Fixed assets21/28€4.78M€5.38M▲
Intangible fixed assets21€948€423▼
Tangible fixed assets22/27€4.59M€5.16M▲
Land and buildings22€2.41M€2.60M▲
Plant, machinery and equipment23€445k€598k▲
Furniture and vehicles24€110k€109k▼
Leasing and similar rights25€1.51M€1.77M▲
Other tangible fixed assets26€116k-
Assets under construction and advance payments27-€74k
Financial fixed assets28€191k€221k▲
Current assets29/58€6.20M€6.26M▲
Stocks and contracts in progress3€78k€50k▼
Stocks30/36€78k€50k▼
Amounts receivable within one year40/41€5.65M€5.59M▼
Trade receivables40€5.04M€4.96M▼
Other amounts receivable41€609k€637k▲
Cash at bank and in hand54/58€450k€606k▲
Deferred charges and accrued income490/1€14k€10k▼
Equity and liabilities
Total equity and liabilities10/49€10.98M€11.64M▲
Equity10/15€1.60M€1.83M▲
Contributions10/11€20k€20k=
Revaluation surpluses12€324k€206k▼
Reserves13€943k€1.20M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€475k€619k▲
Distributable reserves133€466k€584k▲
Profit (loss) carried forward14€239k€337k▲
Investment grants15€76k€62k▼
Provisions and deferred taxes16€91k€59k▼
Deferred taxes168€91k€59k▼
Amounts payable17/49€9.28M€9.75M▲
Amounts payable after more than one year17€3.35M€3.79M▲
Financial debts170/4€3.35M€3.79M▲
Amounts payable within one year42/48€5.67M€5.96M▲
Current portion of amounts payable after more than one year42€838k€986k▲
Financial debts43€1.50M€1.50M=
Credit institutions430/8€1.50M€1.50M=
Trade debts44€3.16M€3.33M▲
Suppliers440/4€3.16M€3.33M▲
Taxes, remuneration and social security45€146k€95k▼
Taxes450/3€62k€20k▼
Remuneration and social security454/9€85k€76k▼
Other amounts payable47/48€26k€45k▲
Accrued charges and deferred income492/3€265k-
Income statement
Code20232024
Non-recurring operating income76A€94k-
Remuneration, social security and pensions62€2.03M€2.17M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.17M€1.05M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€27k€27k▼
Non-recurring operating charges66A€71k€98k▲
Gross operating margin9900€3.62M€3.91M▲
Operating profit (loss)9901€323k€565k▲
Financial income75/76B€61k€50k▼
Recurring financial income75€61k€49k▼
Non-recurring financial income76B-€742
Financial charges65/66B€203k€253k▲
Recurring financial charges65€203k€253k▲
Profit (loss) for the period before taxes9903€181k€362k▲
Transfer from deferred taxes780€19k€27k▲
Transfer to deferred taxes680€22k-
Income taxes67/77€86k€147k▲
Profit (loss) for the period9904€91k€242k▲
Transfer from tax-exempt reserves789€56k€58k▲
Transfer to tax-exempt reserves689€165k€202k▲
Profit (loss) for the period to be appropriated9905€-18k€98k▲
Appropriation of the result
Profit (loss) to be appropriated9906€239k€337k▲
Profit (loss) brought forward from the previous period14P€258k€239k▼
Social balance
Average headcount (FTE)908736.141.3▲
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €329k
Net result €329k after 2 loss-making years.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €-184k
Net result drops to €-184k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €1MEq €1.15M ▲49.1%
Equity rises from €773k to €1.15M.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 17 days late
2019
13-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
08-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Perwez · 2 establishment units since 2000
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.
Rue de Jausselette 40A1360 PerwezGround area
7.4 ha
Building footprint
1,199 m²
Volume, LiDAR
6,608 m³
2 parcels, Wallonia · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
FISSE
since 20002.095.008.968
FISSE
since 20112.205.831.369
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92019C0040/00R002 | Wallonia | 5.0 ha | 1 · 1,103 m² | 7.1 m · 2 fl. |
| 25084D0181/00D000 | Wallonia | 2.4 ha | 1 · 95 m² | 11.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
5 categoriesFISSE SRL35941
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Of 2,316 companies in sector 42110 we hold annual accounts for 1,088. 563 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-08-2000
Fiscal year end31-12
Activities, NACEBEL
42110Construction of roads and motorways
43120Site preparation
45112
45230
01410Raising of dairy cattle
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.