Fitter&Fitter
ActiveSummary
Fitter&Fitter has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-14k) and a net result of €-66. Equity is shrinking by ~43% per year across the filed fiscal years. Its solvency ranks better than 11% of 2304 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+68
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.62 against 0.36 in 2024; short-term debt: 29.9% and cash: 24.3% of total assets), 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.
−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 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-86.4%
Return on assets
-0.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-14k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 7 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
58 d late
2022
61 d late
2021
74 d late
2020
89 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-14k▼ 0.5%
2024 · €-14k
2019: €12k
2020: €11k
2021: €12k
2022: €-608
2023: €-9k
2024: €-14k
2019 → 2025
Total assets
€16k▲ 77.7%
2024 · €9k
2019: €32k
2020: €34k
2021: €36k
2022: €12k
2023: €8k
2024: €9k
2019 → 2025
Net result
€-66▲ 98.5%
2024 · €-4k
2019: €4k
2020: €-1k
2021: €1k
2022: €-13k
2023: €-9k
2024: €-4k
2019 → 2025
Working capital
€3k
2024 · €-9k
2019: €12k
2020: €11k
2021: €6k
2022: €-5k
2023: €-14k
2024: €-9k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€12k-€-608€-9k▼ 1,451%€-14k▼ 45.7%€-14k▼ 0.5%
Operating result€2k-€-12k€-8k▲ 31.8%€-4k▲ 53.9%€-132▲ 96.6%
Net result€1k-€-13k€-9k▲ 30.4%€-4k▲ 51.1%€-66▲ 98.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €132 in 2025 against €4k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16k
Fixed assets
€8k ▲ 107%
Current assets
€8k ▲ 54.4%
Key figures and ratios
EBITDA
€2k▲
2024 · €-2k
Cash flow
€2k▲
2024 · €-2k
Solvency
-86.4%▲
2024 · -152.8%
Current ratio
1.62▲
2024 · 0.36
Debt to equity
-2.16▼
2024 · -1.65
ROA
-0.4%▲
2024 · -47.9%
Interest coverage
16.53▲
2024 · -6.63
Debt
€30k▲
2024 · €23k
Debt ≤ 1 year
€5k▼
2024 · €14k
Debt > 1 year
€25k▲
2024 · €9k
Income taxes
€107▼
2024 · €138
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€9k€16k▲
Fixed assets21/28€4k€8k▲
Tangible fixed assets22/27€4k€8k▲
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€3k€7k▲
Current assets29/58€5k€8k▲
Amounts receivable within one year40/41€4k€4k▲
Trade receivables40€4k€4k▲
Other amounts receivable41€204€115▼
Cash at bank and in hand54/58€243€4k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€9k€16k▲
Equity10/15€-14k€-14k▼
Contributions10/11€8k€8k=
Reserves13€4k€4k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€-26k€-26k▼
Amounts payable17/49€23k€30k▲
Amounts payable after more than one year17€9k€25k▲
Financial debts170/4€9k€25k▲
Amounts payable within one year42/48€14k€5k▼
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Taxes, remuneration and social security45€138€106▼
Taxes450/3€138€106▼
Other amounts payable47/48€7k€585▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€834€858▲
Gross operating margin9900€-1k€3k▲
Operating profit (loss)9901€-4k€-132▲
Financial income75/76B€0€304▲
Recurring financial income75€0€304▲
Financial charges65/66B€292€131▼
Recurring financial charges65€292€131▼
Profit (loss) for the period before taxes9903€-4k€41▲
Income taxes67/77€138€107▼
Profit (loss) for the period9904€-4k€-66▲
Profit (loss) for the period to be appropriated9905€-4k€-66▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-26k▼
Profit (loss) brought forward from the previous period14P€-22k€-26k▼
The notes to these accounts (6 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Liquidity quadruplescurrent ratio 1.62
Current ratio from 0.36 to 1.62; short-term debt falls from €14k to €5k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Weakest financial yearnet €-13k ▼1068%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
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, Geel · 1 establishment unit since 2019
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.
Violetstraat 302440 GeelGround area
380 m²
Building footprint
136 m²
Volume, LiDAR
709 m³
Parcel 13376G0589/00T000, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Fitter & Fitter
since 20192.289.057.270
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13376G0589/00T000 | Flanders | 380 m² | 1 · 135 m² | 8.4 m · 1 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 · 1 entry · 87 EUR awarded · 87 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 87 EUR | 87 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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ENFORMA
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Of 1,518 companies in sector 93130 we hold annual accounts for 687. 435 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
93130Fitness centres
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.