FSB PERFORMANCE
ActiveSummary
FSB PERFORMANCE has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€3,879) and a net result of €2,029. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 242 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability77▲+77
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.77 against 0.71 in 2025; short-term debt: 130.5% and cash: 2.8% of total assets), and equity is negative.
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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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 2026Solvency, return and age of the figures
Solvency
-30.5%
Return on assets
16%
Age of the figures
6 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 242 sector peers (2026).
NBB · sector comparisonPosition among 242 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 09-06-2026, 144 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
144 d early
2025
17 d early
2024
30 d early
2023
13 d early
2022
3 d early
2021
2 d early
2020
9 d 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 29 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 14 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, abbreviated schema
Equity
-€3,879▲ 34.3%
2025 · -€5,908
Total assets
€12,703▼ 12.1%
2025 · €14,456
Net result
€2,029
2025 · -€4,009
Working capital
-€3,879▲ 34.3%
2025 · -€5,908
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€9,332▼ 45.5%-€3,444-€6,396▼ 85.7%-€3,819▲ 40.3%€2,104
Net result€9,058within the sector's middle half▼ 45.6%-€3,851below the sector's middle half-€6,850below the sector's middle half▼ 77.9%-€4,009below the sector's middle half▲ 41.5%€2,029
Equity€8,802below the sector's middle half€4,951below the sector's middle half▼ 43.8%-€1,899below the sector's middle half-€5,908below the sector's middle half▼ 211%-€3,879▲ 34.3%
Total assets€54,838below the sector's middle half▲ 40.1%€52,764below the sector's middle half▼ 3.8%€31,536below the sector's middle half▼ 40.2%€14,456below the sector's middle half▼ 54.2%€12,703▼ 12.1%
Debt€46,037▲ 16.9%€47,813▲ 3.9%€33,435▼ 30.1%€20,364▼ 39.1%€16,582▼ 18.6%
Working capital€8,802below the sector's middle half€4,951below the sector's middle half▼ 43.8%-€1,899below the sector's middle half-€5,908below the sector's middle half▼ 211%-€3,879▲ 34.3%
Solvency16.1%below the sector's middle half▲ 16.7pp9.4%below the sector's middle half▼ 6.7pp-6.0%below the sector's middle half▼ 15.4pp-40.9%below the sector's middle half▼ 34.8pp-30.5%▲ 10.3pp
Current ratio1.19within the sector's middle half▲ 0.201.10within the sector's middle half▼ 0.090.94below the sector's middle half▼ 0.160.71below the sector's middle half▼ 0.230.77▲ 0.06
Return on assets (ROA)16.5%above the sector's middle half▼ 26.0pp-7.3%below the sector's middle half▼ 23.8pp-21.7%below the sector's middle half▼ 14.4pp-27.7%below the sector's middle half▼ 6.0pp16.0%▲ 43.7pp
Staff (FTE)5within the sector's middle half=4.8within the sector's middle half▼ 4.0%3.1within the sector's middle half▼ 35.4%1.3below the sector's middle half▼ 58.1%0▼ 100%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2026: €2,104 after a loss of €3,819 in 2025.
Key figures and ratios
Debt to equity
-4.27▼
2025 · -3.45
Debt ≤ 1 year
€16,582▼
2025 · €20,364
Staff costs
-€2,624▼
2025 · €53,374
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,798 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.5%
went bankrupt
5.3%
stopped otherwise
91%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,798 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €203,409 | €203,716 | €84,388 | €53,374 | -€2,624 | ▼ 105% |
| Other operating charges640/8 | €2,683 | €1,648 | €2,981 | €6,340 | €520 | ▼ 91.8% |
| Gross operating margin9900 | €215,424 | €201,920 | €80,973 | €55,895 | €0 | ▼ 100% |
| Operating profit (loss)9901 | €9,332 | -€3,444 | -€6,396 | -€3,819 | €2,104 | ▲ 155% |
| Financial income75/76B | - | - | €1 | €0 | - | - |
| Recurring financial income75 | - | - | €1 | €0 | - | - |
| Financial charges65/66B | €274 | €407 | €454 | €190 | €75 | ▼ 60.5% |
| Recurring financial charges65 | €274 | €407 | €454 | €190 | €75 | ▼ 60.5% |
| Profit (loss) for the period before taxes9903 | €9,058 | -€3,851 | -€6,850 | -€4,009 | €2,029 | ▲ 151% |
| Profit (loss) for the period9904 | €9,058 | -€3,851 | -€6,850 | -€4,009 | €2,029 | ▲ 151% |
| Profit (loss) for the period to be appropriated9905 | €9,058 | -€3,851 | -€6,850 | -€4,009 | €2,029 | ▲ 151% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €54,838 | €52,764 | €31,536 | €14,456 | €12,703 | ▼ 12.1% |
| Current assets29/58 | €54,838 | €52,764 | €31,536 | €14,456 | €12,703 | ▼ 12.1% |
| Amounts receivable within one year40/41 | €52,804 | €49,129 | €31,494 | €11,254 | €12,342 | ▲ 9.7% |
| Trade receivables40 | €51,593 | €43,918 | €29,783 | €9,050 | €10,290 | ▲ 13.7% |
| Other amounts receivable41 | €1,211 | €5,211 | €1,711 | €2,204 | €2,052 | ▼ 6.9% |
| Cash at bank and in hand54/58 | €2,035 | €3,635 | €42 | €3,201 | €361 | ▼ 88.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €54,838 | €52,764 | €31,536 | €14,456 | €12,703 | ▼ 12.1% |
| Equity10/15 | €8,802 | €4,951 | -€1,899 | -€5,908 | -€3,879 | ▲ 34.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | - | - | - | - | - |
| Distributable reserves133 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€11,658 | -€15,509 | -€22,359 | -€26,368 | -€24,339 | ▲ 7.7% |
| Amounts payable17/49 | €46,037 | €47,813 | €33,435 | €20,364 | €16,582 | ▼ 18.6% |
| Amounts payable within one year42/48 | €46,037 | €47,813 | €33,435 | €20,364 | €16,582 | ▼ 18.6% |
| Trade debts44 | €26,872 | €26,454 | €22,722 | €6,050 | €0 | ▼ 100% |
| Suppliers440/4 | €26,872 | €26,454 | €22,722 | €6,050 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €12,876 | €16,347 | €5,702 | €0 | - | - |
| Taxes450/3 | €9,654 | €15,557 | €2,911 | €0 | - | - |
| Remuneration and social security454/9 | €3,222 | €790 | €2,791 | €0 | - | - |
| Other amounts payable47/48 | €6,288 | €5,011 | €5,011 | €14,314 | €16,582 | ▲ 15.8% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,058 | -€3,851 | -€6,850 | -€4,009 | €2,029 | ▲ 151% |
| Operating cash flow (approximation) | €9,058 | -€3,851 | -€6,850 | -€4,009 | €2,029 | ▲ 151% |
| Change in cash | - | €1,600 | -€3,593 | €3,159 | -€2,841 | ▼ 190% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-03
Financial
Back to profitnet €2,029
Net result €2,029 after 3 loss-making years.
2025
14-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
18-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Back to profitnet €16,650
Net result €16,650 after 2 loss-making years.
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 9 days late
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Bonheiden · 1 establishment unit since 2026
Ground area
138 m²
Parcel 12005C0107/00L003, Flanders. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
FSB PERFORMANCE
since 20262.387.752.493
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12005C0107/00L003 | Flanders | 138 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AUTO EXPERT
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BE 0751.464.047
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AUTO NAMUR
BE 0712.856.958
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Autoservice Hoboken
BE 0607.883.459
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GMotors
BE 0767.456.971
Sambreville · Eq €5,000
Of 10,663 companies in sector 47811 we hold annual accounts for 5,225. 1,534 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-03-2004
Fiscal year end31-03
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
47521Retail sale of hardware, building materials, paint and glass (general range)
47812Retail trade
49410Freight transport by road
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID
0208:0864418468
Also
9925:BE0864418468
Registered
28-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.