FORTIVA
ActiveSummary
The computed 12-month bankruptcy probability of FORTIVA is 5.9% (elevated). The 2025 annual accounts show equity of €787k and a net result of €145k. Equity remains stable across the filed fiscal years (±1.4% per year). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+62
Solvency52▲+5
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
5.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days only on tighter terms
Liquidity short (current ratio 0.48 against 0.01 in 2024; short-term debt: 5.3% and cash: 2.6% of total assets), and 72.6% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.4%
Return on assets
5%
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 22-09-2026, 53 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 · 4 filingsDeviation from the deadline
2025
53 d late
2024
61 d late
2023
68 d late
2022
70 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, micro schema
Equity
€787k▲ 22.5%
2024 · €642k
2022: €739k
2023: €777k
2024: €642k
2022 → 2025
Total assets
€2.87M=
2024 · €2.87M
2022: €1.38M
2023: €1.43M
2024: €2.87M
2022 → 2025
Net result
€145k
2024 · €-135k
2022: €39k
2023: €39k
2024: €-135k
2022 → 2025
Working capital
€-78k▲ 48.8%
2024 · €-153k
2022: €-73k
2023: €-5k
2024: €-153k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€739k-€777k▲ 5.2%€642k▼ 17.4%€787k▲ 22.5%
Operating result€49k-€52k▲ 6.3%€-137k€147k
Net result€39k-€39k▼ 0.4%€-135k€145k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €147k after a loss of €137k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.87M
Fixed assets
€2.80M ▼ 2.5%
Current assets
€73k ▲ 4,252%
Equity and liabilities €2.87M
Equity
€787k ▲ 22.5%
Debt
€2.08M ▼ 6.5%
Debt's share of the balance-sheet total falls from 77.6% to 72.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€218k▲
2024 · €-67k
Cash flow
€215k▲
2024 · €-64k
Current ratio
0.48▲
2024 · 0.01
Debt to equity
2.64▼
2024 · 3.46
ROE
18.4%▲
2024 · -21.0%
ROA
5.0%▲
2024 · -4.7%
Interest coverage
800.98▲
2024 · -488.25
Debt ≤ 1 year
€152k▼
2024 · €155k
Debt > 1 year
€1.93M▼
2024 · €2.07M
Income taxes
€2k▲
2024 · €-3k
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 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.87M€2.87M=
Fixed assets21/28€2.87M€2.80M▼
Tangible fixed assets22/27€2.87M€2.80M▼
Land and buildings22€2.87M€2.80M▼
Current assets29/58€2k€73k▲
Cash at bank and in hand54/58€2k€73k▲
Equity and liabilities
Total equity and liabilities10/49€2.87M€2.87M=
Equity10/15€642k€787k▲
Contributions10/11€700k€700k=
Profit (loss) carried forward14€-58k€87k▲
Amounts payable17/49€2.23M€2.08M▼
Amounts payable after more than one year17€2.07M€1.93M▼
Financial debts170/4€745k€704k▼
Other amounts payable178/9€1.33M€1.23M▼
Amounts payable within one year42/48€155k€152k▼
Trade debts44€11k€1k▼
Suppliers440/4€11k€1k▼
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€144k€148k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€71k€71k=
Other operating charges640/8-€12k
Gross operating margin9900€-67k€230k▲
Operating profit (loss)9901€-137k€147k▲
Financial charges65/66B€137€272▲
Recurring financial charges65€137€272▲
Profit (loss) for the period before taxes9903€-138k€147k▲
Income taxes67/77€-3k€2k▲
Profit (loss) for the period9904€-135k€145k▲
Profit (loss) for the period to be appropriated9905€-135k€145k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-58k€87k▲
Profit (loss) brought forward from the previous period14P€77k€-58k▼
The notes to these accounts (5 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
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 53 days late
2025
31-12
Financial
Back to profitnet €145k
Net result €145k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-135k ▼450%
Net result drops to €-135k, the lowest in the series; recovery starts the following year.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brussel · 1 establishment unit since 2022
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.
Oorlogskruisenlaan 3011120 BrusselGround area
417 m²
Building footprint
196 m²
Volume, LiDAR
2,995 m³
Parcel 21819D0202/00E003, Brussels · tallest building 18.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
FORTIVA
since 20222.329.404.025
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819D0202/00E003 | Brussels | 417 m² | 1 · 196 m² | 18.6 m · 5 fl. |
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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.