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FIWA

Active
Private limited companyfounded 199036 yrs activeBeekstraat 8, 1742 Ternat, BelgiumKBO/BCE: BE 0439.908.361
Summary

FIWA has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,635 and a net result of €3,431. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 77% of 14009 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Certified accountants and tax accountants
NACE 69201NACE 74122
1 site
Size
€43,269total assets 2025
Equity
€34,635
Profit
€3,431
Turnover not published (abridged schema)
Financial health
94 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts 38 d early0 of 2 deeds read
Why 94+ Sector Legal and accounting activities (NACE 69)+ Founded in 1990+ Figures for FY 2025 (filed 24-12-2025)+ Equity €34,635 (80.0% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Better than 49% of its sector peers (NACE 69, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 100+3
equity 80.0% of total assets
Liquidity 57-7
short-term debt 19.3% · cash 10.4%
Profitability 79-5
return on assets 7.9%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (19,732 companies)
Last 11 months 12-2025: < 0.1%lowest value 01-2026: < 0.1%▲ +15.6% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%● 0.0% vs 02-2026 04-2026: < 0.1%● 0.0% vs 03-2026 05-2026: < 0.1%● 0.0% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%● 0.0% vs 06-2026 08-2026: < 0.1%● 0.0% vs 07-2026 09-2026: < 0.1%▲ +2.7% vs 08-2026 10-2026: < 0.1%▲ +2.6% vs 09-2026highest value
  • Sector Legal and accounting activities (NACE 69) lowers the probability
  • Founded in 1990 lowers the probability for this profile
  • Figures for FY 2025 (filed 24-12-2025) lowers the probability
  • Equity €34,635 (80.0% of total assets) lowers the probability
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 4.91 against 5.39 in 2024; short-term debt: 19.3% and cash: 10.4% of total assets), and 20% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 69, micro). Better than this share of them on solvency 86%, liquidity 42%, profitability 32%, growth against the median 37%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Sector Legal and accounting activities (NACE 69)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Founded in 1990
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Figures for FY 2025 (filed 24-12-2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €34,635 (80.0% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-12-2025, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 d early
2024
48 d early
2023
50 d early
2022
48 d early
2021
52 d early
2020
57 d early
2019
47 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 49 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 14 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close02-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Among the weakest 15% on net resultsector median €37,570 · 14,010 companies €3,431 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €3,431 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€43,269
Profit
€3,431
Solvency
80.0%
Total assets▼ 9.5%
Net result
20192025
Go to Financials

Timeline

Events
11
Since
2016
Next accounts
by 31-01-2027
  1. 24-12-2025Annual accounts filed
  2. 14-12-2024Annual accounts filed
  3. 12-12-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Certified accountants and tax accountantsNACE 69201
Founded
10-03-1990
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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