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FSD Group

Active
Private limited companyfounded 2009active for 16 yearsPaapsemlaan 11, 1070 Anderlecht, Belgium33 active companies are registered at this addressKBO/BCE: BE 0820.116.984
Summary

FSD Group has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €818,959 and a net result of -€41,723. Equity is shrinking by about 28% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 70% of 3,821 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200Insurance agents and brokers NACE 66220
1 site
Size
€1.7mturnover 2025
Staff
6.5 FTE
Equity
€818,959
Loss
-€41,723
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Holdings
1
Auditor: BOGAERT & BOSMANS Bedrijfsrevisoren – Réviseurs d'EntreprisesAccounts 32 days early2 of 31 deeds read
Why 85raises riskSize: turnover €1.7m, 6.5 FTE, total assets €1.1mLoss of €41,723 (financial year 2025)lowers riskEquity €818,959 (76.0% of total assets)Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 70, micro)
Financial strength · tick = 2024
Strong
Solvency 100+100
equity 76.0% of total assets
Liquidity 47+24
short-term debt 19.1% · cash 2.4%
Profitability 35-7
return on assets -3.9%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,366 companies, NACE 70, micro)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025highest value 03-2025: 1.2%▼ -0.1 percentage points vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.1%▼ -0.1 percentage points vs 05-2025 07-2025: 1.3%▲ +0.2 percentage points vs 06-2025 08-2025: 1.2%▼ -0.1 percentage points vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.1%▼ -0.1 percentage points vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 0.4%▼ -0.7 percentage points vs 06-2026lowest value 08-2026: 0.4%● unchanged vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.65, compared with 0.34 in 2024, above the usual 1.5; short-term debt: 19.1% and cash: 2.4% of total assets), and 24% of the assets are financed with debt and provisions.
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 70, micro): better than 86% on solvency, 27% on liquidity, 18% on profitability and 86% on growth.

The bankruptcy probability was computed on 16-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Size: turnover €1.7m, 6.5 FTE, total assets €1.1m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €818,959 (76.0% of total assets)
NBB · annual accounts
raises risk · Loss of €41,723 (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
31 days early
2023
26 days early
2022
60 days late
2021
60 days late
2020
86 days late
2019
122 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 34 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% 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 6 July (5 of the last 5 filed years within 85 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Appointments: Vyvey & C°. Bedrijfsrevisoren BV…Permanent representative: Vincent Koopman
  3. Liquidity more than quadruplescurrent ratio 1.65

Key points

  • Caution: From profit to loss in 2025after €21,470 in 2024 -€41,723 View
  • Caution: Among the weakest 16% on net resultsector median €54,924 · 3,820 companies -€41,723 View
  • New directorlatest change 18-12-2025 · 1 in office 1 joined View

By topic

Financials

Financial year
2025
Turnover
€1.7m
Loss
-€41,723
Solvency
76.0%
Turnover▲ 20.1%
Net result
20182025
Go to Financials

Board & ownership

Board
1 member
Auditor
BOGAERT & BOSMANS Bedrijfsrevisoren…
  • Maud MartensDirector
Go to Board & ownership

Timeline

Events
22
Since
2011
Next accounts
by 31-07-2027
  1. 31-12-2025Equity above €500,000
  2. 17-11-2025Appointment: BOGAERT & BOSMANS Bedrijfsrevisoren – Réviseurs…
  3. 30-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Business and other management consultancyNACE 70200
Founded
28-10-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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