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FKSL

Active
Private limited companyfounded 20251 yr activeBrugsesteenweg 167, 8460 Oudenburg, BelgiumKBO/BCE: BE 1023.823.617
Summary

The computed 12-month bankruptcy probability of FKSL is 2.3% (moderate). The 2025 annual accounts show equity of €17,348 and a net result of €7,348. The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability79
Solvency44
Growth-
Track record67
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.81; short-term debt: 54.4% and cash: 29.9% of total assets), and 80.6% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 29-06-2026, 32 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
32 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

FKSL was incorporated on 28 May 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€17,348
Total assets
€89,518
Net result
€7,348
Working capital
-€9,158

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €89,518
Fixed assets €50,019
Current assets €39,500
Equity and liabilities €89,518
Equity €17,348
Debt €72,171
Debt finances 80.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€17,230
Cash flow
€13,321
Current ratio
0.81
Debt to equity
4.16
ROE
42.4%
ROA
8.2%
Interest coverage
21.85
Debt ≤ 1 year
€48,658
Debt > 1 year
€23,513
Income taxes
€3,120

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
97% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 2,390 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€89,518
Fixed assets21/28€50,019
Tangible fixed assets22/27€49,884
Furniture and vehicles24€45,343
Other tangible fixed assets26€4,540
Financial fixed assets28€135
Current assets29/58€39,500
Cash at bank and in hand54/58€26,721
Deferred charges and accrued income490/1€12,778
Equity and liabilities
Total equity and liabilities10/49€89,518
Equity10/15€17,348
Contributions10/11€10,000
Reserves13€7,348
Distributable reserves133€7,348
Amounts payable17/49€72,171
Amounts payable after more than one year17€23,513
Financial debts170/4€23,513
Amounts payable within one year42/48€48,658
Current portion of amounts payable after more than one year42€31,350
Trade debts44€9,431
Suppliers440/4€9,431
Taxes, remuneration and social security45€7,337
Taxes450/3€7,337
Other amounts payable47/48€540
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,974
Other operating charges640/8€788
Gross operating margin9900€18,018
Operating profit (loss)9901€11,256
Financial charges65/66B€789
Recurring financial charges65€789
Profit (loss) for the period before taxes9903€10,467
Income taxes67/77€3,120
Profit (loss) for the period9904€7,348
Profit (loss) for the period to be appropriated9905€7,348
Appropriation of the result
Profit (loss) to be appropriated9906€7,348
Transfer to equity691/2€7,348
To other reserves6921€7,348

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,974
Other operating charges640/8€788
Gross operating margin9900€18,018
Operating profit (loss)9901€11,256
Financial charges65/66B€789
Recurring financial charges65€789
Profit (loss) for the period before taxes9903€10,467
Income taxes67/77€3,120
Profit (loss) for the period9904€7,348
Profit (loss) for the period to be appropriated9905€7,348
Line2025
Assets
Total assets20/58€89,518
Fixed assets21/28€50,019
Tangible fixed assets22/27€49,884
Furniture and vehicles24€45,343
Other tangible fixed assets26€4,540
Financial fixed assets28€135
Current assets29/58€39,500
Cash at bank and in hand54/58€26,721
Deferred charges and accrued income490/1€12,778
Equity and liabilities
Total equity and liabilities10/49€89,518
Equity10/15€17,348
Contributions10/11€10,000
Reserves13€7,348
Distributable reserves133€7,348
Amounts payable17/49€72,171
Amounts payable after more than one year17€23,513
Financial debts170/4€23,513
Amounts payable within one year42/48€48,658
Current portion of amounts payable after more than one year42€31,350
Trade debts44€9,431
Suppliers440/4€9,431
Taxes, remuneration and social security45€7,337
Taxes450/3€7,337
Other amounts payable47/48€540
Line2025
Profit (loss) for the period9904€7,348
+ Depreciation and write-downs630€5,974
Operating cash flow (approximation)€13,321

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
29-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Oudenburg · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
2,288 m²
Building footprint
186 m²
Volume, LiDAR
723 m³
Parcel 35015A0430/00L000, Flanders · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FKSL
Brugsesteenweg 167, 8460 OudenburgFreight transport by road
since 20252.374.157.548
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35015A0430/00L000 Flanders 2,288 m² 1 · 186 m² 5.6 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Oudenburg2.374.157.548
2 permissions
Erkenning · Vervoer gemedicineerd diervoeder en/of tussenproduct · since 01-12-2025
Vervoer van diervoeders · since 30-06-2025

Similar companies · same sector and region

The National Bank holds 1 filing for this company, but none with figures Checked can read, so a size comparison is not possible. These companies share only the sector and the region. Of 12,573 companies in this sector we hold annual accounts for 8,205. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded28-05-2025
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
43320Joinery installation
43990Other specialised construction activities
46832Wholesale of timber
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1023823617
Also 9925:BE1023823617
Registered 30-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.