FITA COMPOST
ActiveFITA COMPOST has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.16M and a net result of €102k. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 82% of 217 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-2
Solvency94▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 2.72 against 1.7 in 2024; short-term debt: 15.6% and cash: 25% of total assets), and 31.4% 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.6%
Return on assets
6%
Age of the figures
9 mo
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 38
Relative position
BE, all sectors
reference
Sector 38
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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
24 d late
2024
11 d late
2023
26 d late
2022
14 d early
2021
11 d early
2020
39 d early
2019
11 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.16M▲ 6.6%
2024 · €1.09M
2018: €554k
2019: €619k
2020: €692k
2021: €781k
2022: €796k
2023: €964k
2024: €1.09M
2018 → 2025
Total assets
€1.70M▼ 2.6%
2024 · €1.74M
2018: €1.77M
2019: €1.64M
2020: €2.25M
2021: €2.19M
2022: €2.21M
2023: €2.09M
2024: €1.74M
2018 → 2025
Net result
€102k▼ 19.4%
2024 · €127k
2018: €179k
2019: €65k
2020: €223k
2021: €135k
2022: €73k
2023: €348k
2024: €127k
2018 → 2025
Working capital
€455k▲ 90.7%
2024 · €239k
2018: €95k
2019: €45k
2020: €69k
2021: €146k
2022: €44k
2023: €116k
2024: €239k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€781k-€796k▲ 1.9%€964k▲ 21.2%€1.09M▲ 13.2%€1.16M▲ 6.6%
Operating result€187k-€121k▼ 35.5%€531k▲ 340%€198k▼ 62.6%€160k▼ 19.3%
Net result€135k-€73k▼ 46.0%€348k▲ 376%€127k▼ 63.5%€102k▼ 19.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.70M
Fixed assets
€977k▼ 15.8%
Current assets
€720k▲ 23.6%
Equity and liabilities €1.70M
Equity
€1.16M▲ 6.6%
Debt
€533k▼ 18.1%
The debt ratio falls from 37.3% to 31.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€352k▼
2024 · €456k
Cash flow
€294k▼
2024 · €385k
Solvency
68.6%▲
2024 · 62.7%
Current ratio
2.72▲
2024 · 1.70
Quick ratio
2.68▲
2024 · 1.67
Debt / equity
0.46▼
2024 · 0.60
ROE
8.8%▼
2024 · 11.7%
ROA
6.0%▼
2024 · 7.3%
Interest coverage
31.48▼
2024 · 32.11
Debt
€533k▼
2024 · €651k
Debt ≤ 1 year
€264k▼
2024 · €343k
Debt > 1 year
€268k▼
2024 · €307k
Income taxes
€46k▼
2024 · €57k
Staff costs
€196k▲
2024 · €195k
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€1.74M€1.70M▼
Fixed assets21/28€1.16M€977k▼
Intangible fixed assets21€7k€7k▲
Tangible fixed assets22/27€1.15M€970k▼
Land and buildings22€616k€561k▼
Plant, machinery and equipment23€303k€195k▼
Furniture and vehicles24€84k€42k▼
Leasing and similar rights25€150k€172k▲
Financial fixed assets28€483€618▲
Current assets29/58€582k€720k▲
Stocks and contracts in progress3€10k€10k=
Stocks30/36€10k€10k=
Amounts receivable within one year40/41€252k€247k▼
Trade receivables40€180k€134k▼
Other amounts receivable41€72k€112k▲
Cash at bank and in hand54/58€286k€424k▲
Deferred charges and accrued income490/1€34k€39k▲
Equity and liabilities
Total equity and liabilities10/49€1.74M€1.70M▼
Equity10/15€1.09M€1.16M▲
Contributions10/11€20k€20k=
Reserves13€1.07M€1.14M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€1.07M€1.14M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€651k€533k▼
Amounts payable after more than one year17€307k€268k▼
Financial debts170/4€307k€268k▼
Amounts payable within one year42/48€343k€264k▼
Current portion of amounts payable after more than one year42€186k€97k▼
Trade debts44€57k€94k▲
Suppliers440/4€57k€94k▲
Taxes, remuneration and social security45€89k€28k▼
Taxes450/3€69k€5k▼
Remuneration and social security454/9€20k€23k▲
Other amounts payable47/48€11k€47k▲
Accrued charges and deferred income492/3€658€977▲
Income statement
Code20242025
Remuneration, social security and pensions62€195k€196k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€258k€192k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€0▼
Other operating charges640/8€19k€32k▲
Gross operating margin9900€673k€579k▼
Operating profit (loss)9901€198k€160k▼
Financial income75/76B€23€4▼
Recurring financial income75€23€4▼
Financial charges65/66B€14k€11k▼
Recurring financial charges65€14k€11k▼
Profit (loss) for the period before taxes9903€184k€149k▼
Income taxes67/77€57k€46k▼
Profit (loss) for the period9904€127k€102k▼
Profit (loss) for the period to be appropriated9905€127k€102k▼
Appropriation of the result
Profit (loss) to be appropriated9906€127k€102k▼
Transfer from equity791/2€0€30k▲
Transfer to equity691/2€127k€102k▼
To other reserves6921€127k€102k▼
Profit to be distributed694/7€0€30k▲
Return on contributions (dividend)694€0€30k▲
Social balance
Average headcount (FTE)90872.52.9▲
The notes to these accounts (25 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
31-12
Financial
Equity above €1MEq €1.09M ▲13.2%
7 profitable years in a row build equity to €1.09M.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-12
Financial
Highest result since 2018net €348k ▲376%
Operating result €531k, net result €348k, both a record.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 11 days late
2019
31-12
Financial
Weakest financial yearnet €65k ▼63.6%
Net result drops to €65k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial 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, Tielt · 2 establishment units since 2008
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.
Derdewijkstraat 328700 TieltGround area
7,466 m²
Building footprint
591 m²
Volume, LiDAR
2,672 m³
2 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Fita Compost
since 20082.171.550.777
Fita Compost
since 20162.258.756.846
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37013C0459/00D002 | Flanders | 5,004 m² | 1 · 340 m² | 8.2 m · 1 fl. |
| 37015B0420/00K000 | Flanders | 2,462 m² | 1 · 250 m² | 6.7 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 242 EUR awarded · 242 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 242 EUR | 242 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesTielt2.258.756.846
Tielt2.171.550.777
Similar companies · same sector, comparable size
DEVOGELAERE RECYCLAGE
BE 0475.258.824
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SHIP - INDUSTRIAL CUTTING
BE 0837.029.826
Aalst · Eq €1.16M
ROMETA
BE 0448.495.039
Westerlo · Eq €1.15M
Reconversiemaatschappij Duurzaam Leefmilieu
BE 0822.054.412
Oudsbergen · Eq €1.14M
RETRIMEUSE
BE 0861.538.360
Flémalle · Eq €1.19M
Of 979 companies in sector 38210 we hold annual accounts for 586. 412 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-06-2008
Fiscal year end31-12
Activities, NACEBEL
20150Manufacture of chemicals and chemical products
38210Materials recovery from waste
38213Waste collection, recovery and disposal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.