FORDIBEL
ActiveSummary
FORDIBEL has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.60M and a net result of €134k. Equity is growing by ~28.9% per year across the filed fiscal years. Its solvency ranks better than 72% of 2045 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+38
Solvency86▲+15
Growth73▲+10
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.55 in 2024; short-term debt: 38.3% and cash: 6.2% of total assets), and 39.3% of the assets are financed with debt.
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
60.7%
Return on assets
3.1%
Age of the figures
9 mo
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
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
20 d early
2023
41 d early
2022
18 d early
2021
51 d late
2020
10 d late
2019
69 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, full schema
Turnover
€5.11M▼ 7.6%
2024 · €5.53M
2021: €3.61M
2022: €5.75M
2023: €8.04M
2024: €5.53M
2021 → 2025
EBIT margin
3.2%▲ 3.1pp
2024 · 0.1%
2021: 11.7%
2022: 6.8%
2023: 17.7%
2024: 0.1%
2021 → 2025
Net result
€134k▲ 1,289%
2024 · €10k
2018: €38k
2019: €2k
2020: €516k
2021: €319k
2022: €302k
2023: €1.08M
2024: €10k
2018 → 2025
Working capital
€1.53M▲ 0.4%
2024 · €1.53M
2018: €424k
2019: €168k
2020: €566k
2021: €768k
2022: €974k
2023: €1.65M
2024: €1.53M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€3.61M-€5.75M▲ 59.2%€8.04M▲ 39.8%€5.53M▼ 31.2%€5.11M▼ 7.6%
Equity€1.12M-€1.41M▲ 25.5%€2.48M▲ 75.5%€2.47M▼ 0.1%€2.60M▲ 4.9%
Operating result€424k-€388k▼ 8.4%€1.42M▲ 266%€4k▼ 99.7%€164k▲ 3,943%
Net result€319k-€302k▼ 5.4%€1.08M▲ 256%€10k▼ 99.1%€134k▲ 1,289%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3,943% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.27M
Fixed assets
€1.10M ▲ 3.2%
Current assets
€3.17M ▼ 26.6%
Equity and liabilities €4.27M
Equity
€2.60M ▲ 4.9%
Provisions
€37k ▼ 48.9%
Debt
€1.64M ▼ 42.3%
Debt's share of the balance-sheet total falls from 52.8% to 38.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€170k▲
2024 · €4k
Cash flow
€140k▲
2024 · €10k
Current ratio
1.94▲
2024 · 1.55
Quick ratio
1.89▲
2024 · 1.53
Debt to equity
0.63▼
2024 · 1.15
ROE
5.2%▲
2024 · 0.4%
ROA
3.1%▲
2024 · 0.2%
Interest coverage
20.32▲
2024 · 0.55
Debt ≤ 1 year
€1.64M▼
2024 · €2.79M
Debt > 1 year
€4k▼
2024 · €53k
Income taxes
€63k▲
2024 · €20k
Staff costs
€939k▲
2024 · €856k
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 · 81 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.39M€4.27M▼
Fixed assets21/28€1.07M€1.10M▲
Tangible fixed assets22/27€3k€8k▲
Plant, machinery and equipment23€0€1k▲
Furniture and vehicles24€3k€7k▲
Other tangible fixed assets26€0-
Financial fixed assets28€1.07M€1.10M▲
Affiliated companies280/1€1.04M€1.07M▲
Participating interests280€336k€366k▲
Amounts receivable281€700k€700k=
Other financial fixed assets284/8€31k€31k=
Amounts receivable and cash guarantees285/8€31k€31k=
Current assets29/58€4.32M€3.17M▼
Stocks and contracts in progress3€39k€73k▲
Stocks30/36€39k€73k▲
Raw materials and consumables30/31€39k€73k▲
Amounts receivable within one year40/41€4.18M€2.82M▼
Trade receivables40€1.86M€1.12M▼
Other amounts receivable41€2.32M€1.70M▼
Cash at bank and in hand54/58€78k€267k▲
Deferred charges and accrued income490/1€17k€10k▼
Equity and liabilities
Total equity and liabilities10/49€5.39M€4.27M▼
Equity10/15€2.47M€2.60M▲
Contributions10/11€21k€21k=
Reserves13€2.45M€2.45M=
Distributable reserves133€2.45M€2.45M=
Profit (loss) carried forward14-€122k
Provisions and deferred taxes16€72k€37k▼
Provisions for liabilities and charges160/5€72k€37k▼
Other liabilities and charges164/5€72k€37k▼
Amounts payable17/49€2.84M€1.64M▼
Amounts payable after more than one year17€53k€4k▼
Financial debts170/4€53k€4k▼
Credit institutions173€53k€4k▼
Amounts payable within one year42/48€2.79M€1.64M▼
Current portion of amounts payable after more than one year42€137k€67k▼
Financial debts43€176k€289k▲
Credit institutions430/8€176k€289k▲
Trade debts44€2.25M€1.12M▼
Suppliers440/4€2.25M€1.12M▼
Taxes, remuneration and social security45€230k€141k▼
Taxes450/3€148k€28k▼
Remuneration and social security454/9€82k€113k▲
Other amounts payable47/48-€19k
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Operating income70/76A€5.51M€5.18M▼
Turnover70€5.53M€5.11M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-59k€0▲
Other operating income74€31k€42k▲
Non-recurring operating income76A-€22k
Operating charges60/66A€5.50M€5.01M▼
Goods for resale, raw materials and consumables60€3.44M€2.15M▼
Purchases600/8€3.44M€2.19M▼
Change in stocks: decrease (increase)609€4k€-33k▼
Services and other goods61€1.14M€1.91M▲
Remuneration, social security and pensions62€856k€939k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€132€6k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-9k-
Provisions for liabilities and charges: additions (uses and reversals)635/8€10k€-35k▼
Other operating charges640/8€66k€45k▼
Operating profit (loss)9901€4k€164k▲
Financial income75/76B€48k€43k▼
Recurring financial income75€48k€43k▼
Income from financial fixed assets750€7k€7k=
Income from current assets751€42k€36k▼
Other financial income752/9€58-
Financial charges65/66B€23k€9k▼
Recurring financial charges65€23k€9k▼
Debt charges650€8k€8k▲
Other financial charges652/9€15k€772▼
Profit (loss) for the period before taxes9903€29k€197k▲
Income taxes67/77€20k€63k▲
Taxes670/3€20k€63k▲
Profit (loss) for the period9904€10k€134k▲
Profit (loss) for the period to be appropriated9905€10k€134k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€134k▲
Transfer from equity791/2€2k-
From reserves792€2k-
Profit to be distributed694/7€11k€12k▲
Employees696€11k€12k▲
Social balance
Average headcount (FTE)908710.611.0▲
The notes to these accounts (64 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
31-12
Financial
Highest result since 2018net €1.08M ▲256%
Operating result €1.42M, net result €1.08M, both a record.
31-12
Financial
Equity above €2MEq €2.48M ▲75.5%
6 profitable years in a row build equity to €2.48M.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema · 51 days late
2021
31-12
Financial
Equity above €1MEq €1.12M ▲37.1%
4 profitable years in a row build equity to €1.12M.
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 10 days late
2020
31-12
Financial
Equity above €500kEq €820k ▲158%
3 profitable years in a row build equity to €820k.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 69 days late
2019
31-12
Financial
Weakest financial yearnet €2k ▼94.1%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
Show earlier events
10-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Herstal · 1 establishment unit since 2005
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.
Rue d'Abhooz 314040 HerstalGround area
7,839 m²
Building footprint
828 m²
Parcel 62312A0453/00W002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Fordibel
since 20052.144.291.304
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62312A0453/00W002 | Wallonia | 7,839 m² | 1 · 828 m² | - |
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.
Recognitions · licences · registrations
Recognised contractor
3 categoriesFORDIBEL SRL29314
Similar companies · same sector, comparable size
GRENSON & FILS
BE 0836.062.004
Andenne · Eq €2.57M
LABOREX
BE 0414.476.347
Aalst · Eq €2.56M
AMCAL
BE 0422.544.272
Lichtervelde · Eq €2.72M
Fugro Belgium
BE 0403.026.288
Ottignies-Louvain-la-Neuve · Eq €2.73M
OPTIMO
BE 0844.342.933
Lummen · Eq €2.86M
Of 607 companies in sector 43130 we hold annual accounts for 302. 103 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
Founded20-12-2004
Fiscal year end31-12
Activities, NACEBEL 2025
43130Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
5 entriesE-mail:info@fordibel.be
Phone:010/45.22.42
Fax:010/81.35.56
Phone:014/85.45.10
Fax:04/85.45.11