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FSC HEATING SERVICE

Active
Private limited companyfounded 2023active for 3 yearsHeirweg 76, 9270 Laarne, BelgiumKBO/BCE: BE 0798.901.896
Summary

FSC HEATING SERVICE has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139,961 and a net result of €11,272. Equity is growing by about 35% per year across the filed financial years. Its solvency ranks better than 19% of 34,263 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
Plumbing work
NACE 43221Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
1 site
Size
€860,674total assets 2025
Equity
€139,961
Profit
€11,272
Turnover not published (micro format)
Financial health
64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Structure
Accounts filed 24 days late1 of 2 deeds read
Why 64raises riskFounded in 20231 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed 24-08-2026)Size: total assets €860,674Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 37% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 41-15
equity 16.3% of total assets
Liquidity 51-18
short-term debt 23.5% · cash 7.5%
Profitability 65-28
return on assets 1.3%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,541 companies, NACE 43, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.8%▲ +0.1 percentage points vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.9%▲ +0.1 percentage points vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 0.4%▼ -0.5 percentage points vs 06-2025lowest value 08-2025: 0.4%● unchanged vs 07-2025lowest value 09-2025: 0.4%● unchanged vs 08-2025lowest value 10-2025: 0.4%● unchanged vs 09-2025lowest value 11-2025: 0.8%▲ +0.4 percentage points vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.2 percentage points vs 03-2026 05-2026: 1.3%▲ +0.3 percentage points vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.4%▲ +0.1 percentage points vs 06-2026 08-2026: 2.2%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 1.2%▼ -1.0 percentage point vs 08-2026 10-2026: 1.2%● unchanged vs 09-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.77, compared with 1.82 in 2024; short-term debt: 23.5% and cash: 7.5% of total assets), and 83.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 18% on solvency, 45% on liquidity, 31% on profitability and 53% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Founded in 2023
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 24-08-2026)
NBB · annual accounts
lowers risk · Size: total assets €860,674
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 34263 sector peers (2025).
NBB · sector comparison
Position among 34263 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
24 days late
2024
41 days early
2023
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 16 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (3 of the last 3 filed years within 53 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet €11,272 ▼86.1%
  3. Registered officeRegistered-office move

Key points

  • Caution: Result fell in 2025from €80,853 to €11,272 ▼ 86.1% View
  • Caution: Among the weakest 19% on solvencysector median 47.0% · 34,263 companies 16.3% View
  • Total assets 20253 financial years filed €860,674 View

By topic

Financials

Financial year
2025
Total assets
€860,674
Profit
€11,272
Solvency
16.3%
Total assets▲ 105%
Net result
20232025
Go to Financials

Timeline

Events
7
Since
2024
Next accounts
by 31-07-2027
  1. 20-06-2025Annual accounts filed
  2. 31-12-2024Highest result from 2023 to 2025
  3. 31-12-2024Equity above €100,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Plumbing workNACE 43221
Founded
27-02-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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