FSA

Active

Private limited companyfounded 1998active for 27 yearsVorstlaan 24, 1170 Watermaal-Bosvoorde, Belgium87 active companies are registered at this addressKBO/BCE: BE 0464.690.772

Summary

The computed 12-month bankruptcy probability of FSA is 2.5% (moderate). The latest annual accounts of FSA were filed more than 90 days after the deadline. The 2024 annual accounts show equity of €4.4m and a net result of €7,153. Equity remains stable across the filed financial years (±2% per year). Its solvency ranks better than 89% of 1,081 sector peers (NACE 73, financial year 2024). The company has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals.

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FSAActive

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Activity

Market research and public opinion polling

NACE 73200Business and other management consultancy NACE 70200

1 site

Size

€4.9mtotal assets 2024

Equity: €4.4m
Profit: €7,153

Financial health

Bankruptcy probabilitywithin 12 months: 2.5%

2024 figures too old to score

Structure

Accounts filed 165 days late0 of 6 deeds read

Signalsraises riskFigures for financial year 2024 (filed 16-07-2025)1 financial year not filed after the legal deadline; latest accounts 166 days late; 3 of the last 3 lateLiquidity: current ratio 1.83, cash €116,244, halvedFiled more than 90 days latelowers riskEquity €4.4m (89.7% of total assets)Show the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2024 are too old to assess current financial health.

Filing: Filed more than 90 days late

Financial strength, FY 2024 · tick = 2022

Strong

Solvency 100=

equity 89.7% of total assets

Liquidity 53-2

short-term debt 9.7% · cash 2.4%

Profitability 69=

return on assets 0.1%

Bankruptcy probability, 12 months

2.5% 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% (718 companies, NACE 73, small)

Last 24 months 11-2024: 3.0% 12-2024: 3.0%● unchanged vs 11-2024 01-2025: 3.0%● unchanged vs 12-2024 02-2025: 3.0%● unchanged vs 01-2025 03-2025: 4.2%▲ +1.2 percentage points vs 02-2025highest value 04-2025: 3.8%▼ -0.4 percentage points vs 03-2025 05-2025: 3.8%● unchanged vs 04-2025 06-2025: 3.8%● unchanged vs 05-2025 07-2025: 3.8%● unchanged vs 06-2025 08-2025: 1.2%▼ -2.6 percentage points vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.3%▲ +0.1 percentage points vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.2%▼ -0.1 percentage points vs 11-2025 01-2026: 0.8%▼ -0.4 percentage points vs 12-2025lowest value 02-2026: 1.0%▲ +0.2 percentage points vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.3%▲ +0.3 percentage points vs 03-2026 05-2026: 1.2%▼ -0.1 percentage points vs 04-2026 06-2026: 1.5%▲ +0.3 percentage points vs 05-2026 07-2026: 2.8%▲ +1.3 percentage points vs 06-2026 08-2026: 2.8%● unchanged vs 07-2026 09-2026: 2.8%● unchanged vs 08-2026 10-2026: 2.5%▼ -0.3 percentage points vs 09-2026

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Signals

Five signals.

lowers riskraises risk

Figures for financial year 2024 (filed 16-07-2025)

NBB · annual accounts

1 financial year not filed after the legal deadline; latest accounts 166 days late; 3 of the last 3 late

NBB · filings

Liquidity: current ratio 1.83, cash €116,244, halved

NBB · annual accounts

Equity €4.4m (89.7% of total assets)

NBB · annual accounts

Filed more than 90 days late

The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 15-07-2025, 165 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 10 filings

Deviation from the deadline

2024

165 days late

2022

568 days late

2021

368 days late

2020

335 days late

2019

581 days late

2018

748 days late

2017

152 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 417 days after the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

15-07-2025 Annual accounts filedfinancial year 2024 · full…
18-02-2025 Annual accounts filedfinancial year 2022 · full…
30-06-2024 Weakest financial yearnet €7,153 ▼40.4%

Key points

Caution: Latest accounts filed lateafter the legal deadline 165 days View
Positive: Among the best 11% on solvencysector median 44.2% · 1,081 companies 89.7% View
Positive: 5 profitable years in a rowprofit 2024: €7,153 5 years View