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FORTUIN Architecten

Active
Private limited company (pre-2019)founded 20187 yrs activeSint-Kristoffelstraat 6, 9401 Ninove, BelgiumKBO/BCE: BE 0716.843.361
Summary

The computed 12-month bankruptcy probability of FORTUIN Architecten is 3.5% (moderate). The 2024 annual accounts show equity of €276,539 and a net result of €42,973. Equity is growing by ~29% per year across the filed fiscal years. Its solvency ranks better than 67% of 11615 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
FORTUIN ArchitectenActiveChecked score 51/100
Risk analysis ReportCompare

Overview

Activity
Activities of building architects
NACE 71111
1 site
Size
€390,769total assets 2024
Equity
€276,539
Profit
€42,973
Turnover not published (abridged schema)
Financial health
51 Fair Checked score 2024
Bankruptcy chance 12 m
3.5%
Structure
Holdings
1
Accounts 65 d overdue0 of 1 deed read
Why 51- Liquidity: current ratio 1.65- Figures for FY 2024 (filed 16-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 77 days late; 3 of the last 3 late+ Sector Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 67% of its sector peers (NACE 71, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Strong
Solvency 96+10
equity 70.8% of total assets
Liquidity 88+40
short-term debt 19.6%
Profitability 82-3
return on assets 11.0%
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,689 companies)
Last 24 months 11-2024: 2.0% 12-2024: 0.7%▼ -64.2% vs 11-2024 01-2025: 0.7%▼ -1.3% vs 12-2024lowest value 02-2025: 0.7%▲ +0.9% vs 01-2025 03-2025: 0.8%▲ +6.3% vs 02-2025 04-2025: 0.8%▲ +1.2% vs 03-2025 05-2025: 0.8%▲ +3.5% vs 04-2025 06-2025: 0.8%▼ -2.3% vs 05-2025 07-2025: 0.8%▼ -1.2% vs 06-2025 08-2025: 1.1%▲ +40.2% vs 07-2025 09-2025: 1.3%▲ +24.3% vs 08-2025 10-2025: 2.1%▲ +54.6% vs 09-2025 11-2025: 1.7%▼ -19.7% vs 10-2025 12-2025: 1.7%● 0.0% vs 11-2025 01-2026: 1.7%● 0.0% vs 12-2025 02-2026: 1.7%● 0.0% vs 01-2026 03-2026: 1.7%▲ +0.7% vs 02-2026 04-2026: 1.6%▼ -2.2% vs 03-2026 05-2026: 1.6%▼ -0.7% vs 04-2026 06-2026: 1.6%▼ -2.1% vs 05-2026 07-2026: 1.4%▼ -8.6% vs 06-2026 08-2026: 1.9%▲ +33.7% vs 07-2026 09-2026: 2.4%▲ +22.2% vs 08-2026 10-2026: 3.5%▲ +47.7% vs 09-2026highest value
  • Liquidity: current ratio 1.65 raises the probability
  • Figures for FY 2024 (filed 16-10-2025) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 77 days late; 3 of the last 3 late raises the probability
  • Sector Architectural and engineering activities; technical testing and analysis (NACE 71) lowers the probability
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 1.65 against 1.61 in 2023; short-term debt: 19.6% of total assets), and 29.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 71, micro). Better than this share of them on solvency 70%, liquidity 79%, profitability 53%, growth against the median 65%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.65
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 16-10-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 77 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Sector Architectural and engineering activities; technical testing and analysis (NACE 71)
In the bankruptcy model this factor lowers the probability.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-10-2025, 77 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 · 6 filings
Deviation from the deadline
2025
not confirmed
2024
77 d late
2023
96 d late
2022
77 d late
2021
146 d late
2020
94 d late
2019
68 d late
← 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 93 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Highest result since 2019net €50,872 ▲3.6%

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • Positive: Among the best 14% on equitysector median €67,084 · 11,624 companies €276,539 View
  • Positive: 6 profitable years in a rowprofit 2024: €42,973 6 years View

By topic

Financials

Fiscal year
2024
Total assets
€390,769
Profit
€42,973
Solvency
70.8%
Total assets▲ 1.6%
Net result
20192024
Go to Financials

Timeline

Events
10
Since
2020
  1. 16-10-2025Annual accounts filed
  2. 04-11-2024Annual accounts filed
  3. 31-12-2023Highest result since 2019
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Activities of building architectsNACE 71111
Founded
26-12-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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