Summary
FNGA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.0m and a net result of -€6,884. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 45% of 9866 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
28 d early
2022
46 d early
2021
9 d late
2020
27 d late
2019
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator 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 What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€1.0m▼ 0.7%
2023 · €1.0m
Net result
-€6,884
2023 · €89,023
Total assets
€2.0m▲ 0.5%
2023 · €2.0m
Solvency
49.4%▼ 0.6pp
2023 · 50.0%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€50,596▲ 21.5%€247,351▲ 389%€200,707▼ 18.9%€139,274▼ 30.6%€17,613▼ 87.4%
Net result€40,707▲ 32.1%€198,794▲ 388%€131,714▼ 33.7%€89,023▼ 32.4%-€6,884
Equity€592,838▲ 7.4%€791,632▲ 33.5%€923,346▲ 16.6%€1.0m▲ 9.6%€1.0m▼ 0.7%
Total assets€1.2m▲ 5.9%€2.1m▲ 72.7%€1.9m▼ 5.3%€2.0m▲ 4.1%€2.0m▲ 0.5%
Debt€597,456▲ 4.5%€1.3m▲ 112%€1.0m▼ 19.1%€1.0m▼ 0.9%€1.0m▲ 1.7%
Working capital-€151,431▲ 4.2%-€443,401▼ 193%-€310,194▲ 30.0%-€259,832▲ 16.2%-€273,605▼ 5.3%
Solvency49.8%▲ 0.7pp38.5%▼ 11.3pp47.4%▲ 8.9pp50.0%▲ 2.5pp49.4%▼ 0.6pp
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 87% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.0m
Fixed assets
€1.8m ▼ 4.0%
Current assets
€276,019 ▲ 43.0%
Equity and liabilities €2.0m
Equity
€1.0m ▼ 0.7%
Debt
€1.0m ▲ 1.7%
Debt's share of the balance-sheet total rises from 50.0% to 50.6%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-0.7%▼
2023 · 8.8%
ROA
-0.3%▼
2023 · 4.4%
Debt ≤ 1 year
€549,624▲
2023 · €452,877
Debt > 1 year
€481,434▼
2023 · €556,927
Income taxes
€512▼
2023 · €34,668
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,157 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,310 | €50,937 | €78,739 | €81,019 | €86,033 | ▲ 6.2% |
| Other operating charges640/8 | - | €2,850 | €3,482 | €1,041 | €5,458 | ▲ 424% |
| Gross operating margin9900 | €74,873 | €301,137 | €282,928 | €221,335 | €109,103 | ▼ 50.7% |
| Operating profit (loss)9901 | €50,596 | €247,351 | €200,707 | €139,274 | €17,613 | ▼ 87.4% |
| Financial income75/76B | - | €0 | €0 | €198 | €37 | ▼ 81.2% |
| Recurring financial income75 | €0 | €0 | €0 | €198 | €37 | ▼ 81.2% |
| Financial charges65/66B | - | €14,751 | €13,943 | €15,781 | €24,022 | ▲ 52.2% |
| Recurring financial charges65 | €9,465 | €14,751 | €13,943 | €15,781 | €24,022 | ▲ 52.2% |
| Profit (loss) for the period before taxes9903 | €41,131 | €232,600 | €186,764 | €123,691 | -€6,372 | ▼ 105% |
| Income taxes67/77 | €424 | €33,806 | €55,050 | €34,668 | €512 | ▼ 98.5% |
| Profit (loss) for the period9904 | €40,707 | €198,794 | €131,714 | €89,023 | -€6,884 | ▼ 108% |
| Profit (loss) for the period to be appropriated9905 | €40,707 | €198,794 | €131,714 | €89,023 | -€6,884 | ▼ 108% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €2.1m | €1.9m | €2.0m | €2.0m | ▲ 0.5% |
| Fixed assets21/28 | €1.1m | €1.8m | €1.8m | €1.8m | €1.8m | ▼ 4.0% |
| Tangible fixed assets22/27 | €512,856 | €1.3m | €1.2m | €1.3m | €1.2m | ▼ 5.7% |
| Land and buildings22 | - | €1.2m | €1.2m | €1.2m | €1.2m | ▼ 5.1% |
| Plant, machinery and equipment23 | - | €1,253 | €3,322 | €2,319 | €1,498 | ▼ 35.4% |
| Furniture and vehicles24 | - | €27,266 | €28,823 | €20,699 | €12,575 | ▼ 39.2% |
| Financial fixed assets28 | €570,000 | €570,000 | €570,000 | €570,000 | €570,000 | = |
| Current assets29/58 | €107,438 | €220,876 | €173,076 | €193,045 | €276,019 | ▲ 43.0% |
| Amounts receivable within one year40/41 | €90,273 | €100,282 | €85,121 | €151,318 | €243,919 | ▲ 61.2% |
| Trade receivables40 | - | €97,782 | €85,121 | €145,200 | €218,415 | ▲ 50.4% |
| Other amounts receivable41 | - | €2,500 | €0 | €6,118 | €25,504 | ▲ 317% |
| Current investments50/53 | €13,014 | €113,714 | €74,714 | €37,611 | €10,048 | ▼ 73.3% |
| Cash at bank and in hand54/58 | €3,977 | €796 | €12,081 | €2,752 | €20,521 | ▲ 646% |
| Deferred charges and accrued income490/1 | - | €6,085 | €1,160 | €1,364 | €1,531 | ▲ 12.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €2.1m | €1.9m | €2.0m | €2.0m | ▲ 0.5% |
| Equity10/15 | €592,838 | €791,632 | €923,346 | €1.0m | €1.0m | ▼ 0.7% |
| Contributions10/11 | - | €588,600 | €588,600 | €588,600 | €588,600 | = |
| Reserves13 | €4,238 | €203,032 | €334,746 | €423,769 | €423,769 | = |
| Distributable reserves133 | - | €203,032 | €334,746 | €423,769 | €423,769 | = |
| Profit (loss) carried forward14 | -€67,290 | - | - | - | -€6,884 | - |
| Amounts payable17/49 | €597,456 | €1.3m | €1.0m | €1.0m | €1.0m | ▲ 1.7% |
| Amounts payable after more than one year17 | €288,587 | €600,251 | €539,945 | €556,927 | €481,434 | ▼ 13.6% |
| Financial debts170/4 | - | €600,251 | €539,945 | €556,927 | €481,434 | ▼ 13.6% |
| Amounts payable within one year42/48 | €258,869 | €664,277 | €483,270 | €452,877 | €549,624 | ▲ 21.4% |
| Current portion of amounts payable after more than one year42 | - | €59,539 | €60,305 | €74,200 | €75,493 | ▲ 1.7% |
| Financial debts43 | - | €202 | €235 | €0 | €144 | - |
| Credit institutions430/8 | - | €202 | €0 | - | €144 | - |
| Other loans439 | - | - | €235 | €0 | - | - |
| Trade debts44 | €20,258 | €325,825 | €184,674 | €183,782 | €221,109 | ▲ 20.3% |
| Suppliers440/4 | - | €325,825 | €184,674 | €183,782 | €221,109 | ▲ 20.3% |
| Taxes, remuneration and social security45 | - | €63,883 | €62,683 | €37,625 | €13,645 | ▼ 63.7% |
| Taxes450/3 | - | €63,883 | €62,683 | €37,625 | €13,645 | ▼ 63.7% |
| Other amounts payable47/48 | - | €214,829 | €175,373 | €157,270 | €239,234 | ▲ 52.1% |
| Accrued charges and deferred income492/3 | - | €0 | - | €3,915 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,707 | €198,794 | €131,714 | €89,023 | -€6,884 | ▼ 108% |
| + Depreciation and write-downs630 | €21,310 | €50,937 | €78,739 | €81,019 | €86,033 | ▲ 6.2% |
| Operating cash flow (approximation) | €62,017 | €249,731 | €210,453 | €170,042 | €79,149 | ▼ 53.5% |
| Investment in fixed assets (approximation) | - | -€803,364 | -€16,941 | -€140,577 | -€13,514 | ▲ 90.4% |
| Change in cash | - | -€3,182 | €11,286 | -€9,329 | €17,769 | ▲ 290% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€6,884
Net result drops to -€6,884, the lowest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €1mEq €1.0m ▲9.6%
6 profitable years in a row build equity to €1.0m.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
31-12
Financial
Highest result since 2018net €198,794 ▲388%
Operating result €247,351, net result €198,794, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Anderlecht · 2 establishment units since 2011
Ground area
2,618 m²
Building footprint
396 m²
Volume, LiDAR
4,578 m³
2 parcels, Brussels, Wallonia · tallest building 21.8 m, ±6 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
2 establishment units
FNGA
since 20112.206.109.897
Rue d'Hurbize 8, 1440 Braine-le-Château
since 20122.324.906.886
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25015C0268/00M000 | Wallonia | 2,420 m² | 1 · 215 m² | 7.0 m · 2 fl. |
| 21304B0130/00E003 | Brussels | 197 m² | 1 · 181 m² | 21.8 m · 6 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
95%
According to the 2024 annual accounts of FNGA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
GISMACO
BE 0878.558.989
Brugge · Eq €1,005,286
TIL-INVEST
BE 0469.571.060
Lokeren · Eq €1,004,972
ESTHIO INVEST
BE 0717.748.530
Wielsbeke · Eq €1,006,050
MANATILE
BE 0450.711.191
Asse · Eq €1,006,066
CANDICO
BE 0508.517.550
Brugge · Eq €1,006,313
Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 12,656 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68110Buying and selling of own real estate
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0842300983
Also
9925:BE0842300983
Registered
03-05-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.