FSB GROUP
The computed 12-month bankruptcy probability of FSB GROUP is 6.5% (elevated). The 2024 annual accounts show equity of €3k and a net result of €2k. Equity is shrinking by ~98.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 26% of 2254 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €3k |
| Net result | €2k |
| Better than sector | 26% |
| Active | 4 yrs |
Mixed profile: strong on stability, weaker on solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 8.0% | 27.4% | |
| Net result | €2k | €6k | |
| Equity | €3k | €17k | |
| Gross operating margin | €37k | €28k | |
| Staff costs | €20k | €36k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €81k |
| EBITDA | €14k |
| Net profit | €2k |
| Cash flow | €5k |
| Staff costs | €20k |
| Income taxes | €695 |
| Dividends | - |
| Total assets | €33k |
| Equity | €3k |
| Debt | €31k |
| of which ≤ 1y | €31k |
| of which > 1y | - |
| Working capital | €-2k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.92 |
| Quick ratio | 0.92 |
| Working capital ratio | -6.9% |
| Solvency | 8.0% |
| Debt / equity | 11.45 |
| Long-term debt ratio | - |
| Interest coverage | 77.30 |
| Gross margin | 45.8% |
| Net margin | 2.8% |
| ROA | 6.7% |
| ROE | 83.4% |
| EBITDA margin | 16.8% |
| Days sales outstanding | 93d |
| Days payable outstanding | 22d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €33k |
| Fixed assets | 21/28 | €5k |
| Tangible fixed assets | 22/27 | €5k |
| Current assets | 29/58 | €28k |
| Amounts receivable within one year | 40/41 | €25k |
| Cash & bank | 54/58 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €33k |
| Equity | 10/15 | €3k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €-2k |
| Amounts payable | 17/49 | €31k |
| Amounts payable within one year | 42/48 | €31k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Turnover | 70 | €81k |
| Gross operating margin | 9900 | €37k |
| Operating result | 9901 | €11k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €175 |
| Result before taxes | 9903 | €3k |
| Income taxes | 67/77 | €695 |
| Net result for the period | 9904 | €2k |
| Result to be appropriated | 9905 | €2k |
| NACE primary | Road freight transport(49410) |
| Legal form | Private limited company(610) |
| Incorporation | 23-08-2021 |
| Status | Active |
| Postal code | 1081 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21011A0040/00A013 | Brussels | 946 m² | 1 · 482 m² | 23.5 m · 7 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
03-04-2024 Registered office moved from Schaerbeek to koekelberg
- AVENUE ZENOBE GRAMME 3-1030 SCHAERBEEK → Avenue du Pantheon 88 bte 1 à 1081 koekelberg
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Avenue du Pantheon 88 bte 1 \u00E0 1081 koekelberg",
"city": "koekelberg",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Avenue du Pantheon",
"country": "BE",
"postcode": "1081",
"box_number": "1",
"street_number": "88",
"locality_suffix": null
},
"old_address": {
"raw": "AVENUE ZENOBE GRAMME 3-1030 SCHAERBEEK",
"city": "Schaerbeek",
"region": "brussels_hoofdstedelijk_gewest",
"street": "AVENUE ZENOBE GRAMME",
"country": "BE",
"postcode": "1030",
"box_number": null,
"street_number": "3",
"locality_suffix": "(SCH)"
},
"effective_date": "2024-03-07",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-04-03",
"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2024-03-07",
"unanimous": true
},
"subject_company": {
"kbo": "0772.778.610",
"name_full": "FSB GROUP",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Barchid Hait",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad",
"Annexes du Moniteur belge"
]
}27-12-2023 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
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"subscribers": [
{
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"kind": "person",
"name": "Tisghiti Mohamed-Samir",
"share_class": null,
"liberation_pct": null,
"contribution_kind": null,
"n_shares_subscribed": 10,
"contribution_amount_eur": null
}
],
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-12-27",
"filing_date": "2023-12-15",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2023-12-14",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": "2023-12-14"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0772.778.610",
"name_full": "FSB GROUP",
"legal_form": "SOCIETE A RESPONSABILITE LIMITEE",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"shareholders_after": [
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Tisghiti Mohamed-Samir",
"role": "aandeelhouder",
"n_shares": 10,
"share_class": null
},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Barchid Ha\u00EFt",
"role": "aandeelhouder",
"n_shares": null,
"share_class": null
}
],
"share_classes_after": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | FSB GROUP |