FIZZY
ActiveSummary
FIZZY has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55,401 and a net result of €19,432. Equity is shrinking by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 73% of 7997 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Other business support services
NACE 82990NACE 74879
1 site
How big
€74,892total assets 2025
- Equity
- €55,401
- Profit
- €19,432
Turnover not published (abridged schema)
Who decides
Accounts filed 31 d late0 of 2 deeds read
Why 88- Higher-failure-rate region+ Lower-risk legal form+ Long track record+ Lower-failure-rate sector+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+92
Solvency99▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 3.68 against 4.34 in 2024; short-term debt: 26% and cash: 7.9% of total assets), and 26% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
74%
Return on assets
25.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
27 d late
2023
27 d late
2022
31 d late
2021
29 d late
2020
31 d late
2019
80 d late
← 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 37 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
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. Usually files around 29 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €19,432
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €74,892Profit €19,432Solvency 74.0%Liquidity 3.68
Total assets
€74,892▲ 28.1%
2018 - 2025
Net result
€19,432
2018 - 2025
Equity
€55,401▲ 20.5%
2018 - 2025
Solvency
74.0%▼ 4.7pp
2018 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€21,502▼ 309%-€5,436▲ 74.7%€1,416-€7,518€17,501
Net result-€19,359below the sector's middle half-€4,401below the sector's middle half▲ 77.3%€1,505within the sector's middle half-€4,841below the sector's middle half€19,432within the sector's middle half
Equity€53,707within the sector's middle half▼ 26.5%€49,306within the sector's middle half▼ 8.2%€50,811within the sector's middle half▲ 3.1%€45,969within the sector's middle half▼ 9.5%€55,401within the sector's middle half▲ 20.5%
Total assets€62,444within the sector's middle half▼ 27.7%€55,389below the sector's middle half▼ 11.3%€65,800within the sector's middle half▲ 18.8%€58,455within the sector's middle half▼ 11.2%€74,892within the sector's middle half▲ 28.1%
Debt€8,737▼ 34.6%€6,083▼ 30.4%€14,989▲ 146%€12,485▼ 16.7%€19,492▲ 56.1%
Working capital€30,604within the sector's middle half▼ 52.2%€29,835within the sector's middle half▼ 2.5%€46,922within the sector's middle half▲ 57.3%€41,690within the sector's middle half▼ 11.2%€52,280within the sector's middle half▲ 25.4%
Solvency86.0%above the sector's middle half▲ 1.5pp89.0%above the sector's middle half▲ 3.0pp77.2%above the sector's middle half▼ 11.8pp78.6%above the sector's middle half▲ 1.4pp74.0%within the sector's middle half▼ 4.7pp
Current ratio4.50above the sector's middle half▼ 1.295.90above the sector's middle half▲ 1.404.13above the sector's middle half▼ 1.774.34above the sector's middle half▲ 0.213.68within the sector's middle half▼ 0.66
Return on assets (ROA)-31.0%below the sector's middle half▼ 32.4pp-7.9%below the sector's middle half▲ 23.1pp2.3%within the sector's middle half▲ 10.2pp-8.3%below the sector's middle half▼ 10.6pp25.9%within the sector's middle half▲ 34.2pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €17,501 after a loss of €7,518 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74,892
Fixed assets
€3,121 ▼ 27.1%
Current assets
€71,771 ▲ 32.5%
Equity and liabilities €74,892
Equity
€55,401 ▲ 20.5%
Debt
€19,492 ▲ 56.1%
Debt's share of the balance-sheet total rises from 21.4% to 26.0%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€19,526▲
2024 · -€5,328
Cash flow
€21,456▲
2024 · -€2,651
Debt to equity
0.35▲
2024 · 0.27
ROE
35.1%▲
2024 · -10.5%
Interest coverage
42.48▲
2024 · -20.25
Debt ≤ 1 year
€19,492▲
2024 · €12,485
Income taxes
€943
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,956 | €7,078 | €2,305 | €2,190 | €2,025 | ▼ 7.6% |
| Other operating charges640/8 | €193 | €66 | - | - | - | - |
| Non-recurring operating charges66A | €483 | - | - | - | - | - |
| Gross operating margin9900 | -€15,870 | €1,708 | €3,721 | -€5,328 | €19,526 | ▲ 466% |
| Operating profit (loss)9901 | -€21,502 | -€5,436 | €1,416 | -€7,518 | €17,501 | ▲ 333% |
| Financial income75/76B | €2,937 | €1,485 | €2,141 | €2,940 | €3,333 | ▲ 13.4% |
| Recurring financial income75 | €2,937 | €1,485 | €2,141 | €2,940 | €3,333 | ▲ 13.4% |
| Financial charges65/66B | €794 | €450 | €1,901 | €263 | €460 | ▲ 74.7% |
| Recurring financial charges65 | €794 | €450 | €1,901 | €263 | €460 | ▲ 74.7% |
| Profit (loss) for the period before taxes9903 | -€19,359 | -€4,401 | €1,655 | -€4,841 | €20,375 | ▲ 521% |
| Income taxes67/77 | - | - | €150 | - | €943 | - |
| Profit (loss) for the period9904 | -€19,359 | -€4,401 | €1,505 | -€4,841 | €19,432 | ▲ 501% |
| Profit (loss) for the period to be appropriated9905 | -€19,359 | -€4,401 | €1,505 | -€4,841 | €19,432 | ▲ 501% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €62,444 | €55,389 | €65,800 | €58,455 | €74,892 | ▲ 28.1% |
| Fixed assets21/28 | €23,103 | €19,470 | €3,888 | €4,279 | €3,121 | ▼ 27.1% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €23,103 | €19,210 | €3,888 | €4,279 | €3,121 | ▼ 27.1% |
| Furniture and vehicles24 | €23,103 | €19,210 | €3,888 | €4,279 | €3,121 | ▼ 27.1% |
| Financial fixed assets28 | - | €260 | - | - | - | - |
| Current assets29/58 | €39,341 | €35,918 | €61,911 | €54,176 | €71,771 | ▲ 32.5% |
| Amounts receivable within one year40/41 | €26,539 | €29,443 | €61,131 | €53,271 | €65,865 | ▲ 23.6% |
| Trade receivables40 | €23 | €9,202 | €13,533 | €3,854 | €6,939 | ▲ 80.1% |
| Other amounts receivable41 | €26,516 | €20,241 | €47,598 | €49,418 | €58,926 | ▲ 19.2% |
| Cash at bank and in hand54/58 | €12,802 | €6,475 | €780 | €905 | €5,907 | ▲ 553% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €62,444 | €55,389 | €65,800 | €58,455 | €74,892 | ▲ 28.1% |
| Equity10/15 | €53,707 | €49,306 | €50,811 | €45,969 | €55,401 | ▲ 20.5% |
| Contributions10/11 | €4,958 | €4,958 | €4,958 | €4,958 | €4,958 | = |
| Reserves13 | €49,696 | €49,696 | €51,201 | €51,201 | €60,632 | ▲ 18.4% |
| Non-distributable reserves130/1 | €9,696 | €9,696 | €496 | €2,496 | €2,496 | = |
| Reserves not available under the articles1311 | €496 | €496 | €496 | €496 | €496 | = |
| Other1319 | €9,200 | €9,200 | - | €2,000 | €2,000 | = |
| Distributable reserves133 | €40,000 | €40,000 | €50,705 | €48,705 | €58,136 | ▲ 19.4% |
| Profit (loss) carried forward14 | -€947 | -€5,348 | -€5,348 | -€10,189 | -€10,189 | = |
| Amounts payable17/49 | €8,737 | €6,083 | €14,989 | €12,485 | €19,492 | ▲ 56.1% |
| Amounts payable within one year42/48 | €8,737 | €6,083 | €14,989 | €12,485 | €19,492 | ▲ 56.1% |
| Trade debts44 | €8,109 | €3,267 | €13,538 | €11,364 | €5,465 | ▼ 51.9% |
| Suppliers440/4 | €8,109 | €3,267 | €13,538 | €11,364 | €5,465 | ▼ 51.9% |
| Taxes, remuneration and social security45 | €628 | €2,815 | €1,451 | €1,121 | €4,026 | ▲ 259% |
| Taxes450/3 | €628 | €2,815 | €1,451 | €1,121 | €4,026 | ▲ 259% |
| Other amounts payable47/48 | - | - | - | - | €10,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,359 | -€4,401 | €1,505 | -€4,841 | €19,432 | ▲ 501% |
| + Depreciation and write-downs630 | €4,956 | €7,078 | €2,305 | €2,190 | €2,025 | ▼ 7.6% |
| Operating cash flow (approximation) | -€14,403 | €2,677 | €3,810 | -€2,651 | €21,456 | ▲ 909% |
| Investment in fixed assets (approximation) | - | -€3,445 | €13,277 | -€2,581 | -€867 | ▲ 66.4% |
| Change in cash | - | -€6,327 | -€5,695 | €125 | €5,002 | ▲ 3,908% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
A.J.C.
BE 0443.330.085
Ramillies · Eq €55,383
Mobarra
BE 1009.191.265
Herent · Eq €55,426
DPS INTERNATIONAL
BE 0632.636.770
Liège · Eq €55,349
MARCHAL FLOORS
BE 0774.380.395
Wavre · Eq €55,458
Aliro
BE 1017.367.375
Tienen · Eq €55,334
Of 24,531 companies in this sector we hold annual accounts for 9,422. 6,998 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
14 eventsLatest 31-08-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €19,432
Net result €19,432 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Back to profitnet €1,505
Net result €1,505 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet -€19,359
Net result drops to -€19,359, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
2019
31-12
Financial
Back to profitnet €7,036
Net result €7,036 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Coöperatieve vennootschap met onbeperkte aansprakelijkheid · founded 25-06-1989Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formCoöperatieve vennootschap met onbeperkte aansprakelijkheid
Founded25-06-1989
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0438088919
Also
9925:BE0438088919
Registered
28-08-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 1998
Ground area
588 m²
Building footprint
445 m²
Volume, LiDAR
3,272 m³
2 parcels, Brussels · tallest building 16.3 m, ±3 floors. Linked by address, not a title deed.
56
companies at this address
See who is registered here
1 establishment unit
Haanstraat 16, 1180 Ukkel
since 1998unit no. 2.044.610.243
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0134/00D008 | Brussels | 301 m² | 1 · 169 m² | 12.9 m · 3 fl. |
| 21362B0225/00L004 | Brussels | 287 m² | 1 · 276 m² | 16.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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