FIT THINGS
Judicial reorganisationThe file of FIT THINGS contains 2 judicial reorganisations, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (€-395k) and a net result of €-335k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 404 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency67=
Growth78=
Stability60
Credit verdict
No credit on open account
Liquidity ample (current ratio 2.53 against 3.58 in 2024), but equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€395k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
25 d early
2021
23 d early
2020
50 d early
2019
56 d early
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-395k▼ 555%
2024 · €-60k
2018: €-849k
2019: €-948k
2020: €51k
2021: €58k
2022: €76k
2023: €105k
2024: €-60k
2018 → 2025
Total assets
€945k▲ 58.4%
2024 · €596k
2018: €729k
2019: €785k
2020: €168k
2021: €202k
2022: €289k
2023: €355k
2024: €596k
2018 → 2025
Net result
€-335k▼ 26.0%
2024 · €-265k
2018: €-467k
2019: €-74k
2020: €1.15M
2021: €7k
2022: €18k
2023: €29k
2024: €-265k
2018 → 2025
Working capital
€214k▲ 46.4%
2024 · €146k
2018: €-1.28M
2019: €-1.38M
2020: €31k
2021: €31k
2022: €45k
2023: €-20k
2024: €146k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€76k▲ 31.0%€105k▲ 38.3%€-60k€-395k▼ 555%
Operating result€29k-€19k▼ 35.8%€31k▲ 63.9%€-343k€-268k▲ 21.8%
Net result€7k-€18k▲ 156%€29k▲ 61.8%€-265k€-335k▼ 26.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €268k in 2025 against €343k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €945k
Fixed assets
€591k▲ 50.2%
Current assets
€354k▲ 74.3%
Key figures and ratios
EBITDA
€-141k▲
2024 · €-295k
Cash flow
€-208k▲
2024 · €-218k
Solvency
-41.8%▼
2024 · -10.1%
Current ratio
2.53▼
2024 · 3.58
Quick ratio
0.67▼
2024 · 1.19
Debt / equity
-3.39▲
2024 · -10.90
ROE
84.7%▼
2024 · 440.6%
ROA
-35.4%▲
2024 · -44.5%
Interest coverage
-2.11▲
2024 · -14.43
Debt
€1.34M▲
2024 · €657k
Debt ≤ 1 year
€140k▲
2024 · €57k
Debt > 1 year
€1.20M▲
2024 · €600k
Income taxes
€302▼
2024 · €313
Staff costs
€54k▲
2024 · €43k
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€596k€945k▲
Fixed assets21/28€394k€591k▲
Intangible fixed assets21€229k€353k▲
Tangible fixed assets22/27€149k€223k▲
Plant, machinery and equipment23€513€213▼
Furniture and vehicles24€6k€3k▼
Other tangible fixed assets26€143k€220k▲
Financial fixed assets28€15k€15k=
Current assets29/58€203k€354k▲
Stocks and contracts in progress3€136k€260k▲
Stocks30/36€136k€260k▲
Amounts receivable within one year40/41€50k€87k▲
Trade receivables40€40k€79k▲
Other amounts receivable41€9k€8k▼
Cash at bank and in hand54/58€16k€5k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€596k€945k▲
Equity10/15€-60k€-395k▼
Contributions10/11€162k€162k=
Capital10€162k€162k=
Issued capital100€162k€162k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-228k€-563k▼
Amounts payable17/49€657k€1.34M▲
Amounts payable after more than one year17€600k€1.20M▲
Financial debts170/4-€1.20M
Other amounts payable178/9€600k-
Amounts payable within one year42/48€57k€140k▲
Financial debts43-€11k
Credit institutions430/8-€11k
Trade debts44€34k€94k▲
Suppliers440/4€34k€94k▲
Taxes, remuneration and social security45€12k€14k▲
Taxes450/3€6k€8k▲
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€12k€21k▲
Income statement
Code20242025
Remuneration, social security and pensions62€43k€54k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€127k▲
Other operating charges640/8€1k€544▼
Non-recurring operating charges66A€37k-
Gross operating margin9900€-215k€-87k▲
Operating profit (loss)9901€-343k€-268k▲
Financial income75/76B€98k€587▼
Recurring financial income75€50€587▲
Non-recurring financial income76B€98k-
Financial charges65/66B€20k€67k▲
Recurring financial charges65€20k€67k▲
Profit (loss) for the period before taxes9903€-265k€-334k▼
Income taxes67/77€313€302▼
Profit (loss) for the period9904€-265k€-335k▼
Profit (loss) for the period to be appropriated9905€-265k€-335k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-228k€-563k▼
Profit (loss) brought forward from the previous period14P€37k€-228k▼
The notes to these accounts (10 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 3.58
Current ratio from 0.92 to 3.58; short-term debt falls from €250k to €57k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €105k ▲38.3%
4 profitable years in a row build equity to €105k.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €1.15M
Net result €1.15M after 2 loss-making years.
31-12
Financial
Liquidity times 12current ratio 1.27
Current ratio from 0.11 to 1.27; short-term debt falls from €1.54M to €117k.
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
06-02
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collectif · event 03-02-2020
2019
17-09
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collectif · event 09-09-2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Aalst · 1 establishment unit since 2016
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.
Wijngaardveld 229300 AalstGround area
8,478 m²
Building footprint
3,552 m²
Volume, LiDAR
25,035 m³
Parcel 41303D0057/00Z000, Flanders · tallest building 27.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FIT THINGS
since 20162.251.278.542
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41303D0057/00Z000 | Flanders | 8,478 m² | 1 · 3,552 m² | 27.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 11,515 EUR awarded · 10,527 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 10,375 EUR | 9,387 EUR |
| 2022 | 1 | 1,140 EUR | 1,140 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies voor internationaal ondernemen
Similar companies · same sector, comparable size
Braco
BE 0400.276.735
Aalst · Eq €89k
RENOPACK
BE 0682.764.093
Wommelgem · Eq €86k
ACHTEC
BE 0739.761.788
Frasnes-lez-Anvaing · Eq €134k
Diaper Care Holding
BE 0712.634.452
Brasschaat · Eq €69k
PACKAGING RECOVERY ORGANISATION EUROPE
BE 0454.492.807
Brussel · Eq €171k
Of 45 companies in sector 28291 we hold annual accounts for 39. 17 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-03-2016
Fiscal year end31-12
Activities, NACEBEL
28291Manufacture of machinery and equipment not elsewhere classified
28299Manufacture of machinery and equipment not elsewhere classified
28990Manufacture of machinery and equipment not elsewhere classified
46642Wholesale trade
46649Wholesale of other machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.