FSI AUTOMATION
ActiveSummary
FSI AUTOMATION has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €-6k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 51% of 2544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▼-48
Solvency64▼-4
Growth52=
Track record94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 1.22 in 2024; short-term debt: 40% and cash: 67.3% of total assets), but 60.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
39.3%
Return on assets
-6.9%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year €-6k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
27 d late
2024
29 d late
2023
30 d late
2022
176 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€36k▼ 15.0%
2024 · €42k
2022: €33k
2023: €43k
2024: €42k
2022 → 2025
Total assets
€91k▼ 7.3%
2024 · €98k
2022: €91k
2023: €109k
2024: €98k
2022 → 2025
Net result
€-6k▼ 1,199%
2024 · €-487
2022: €30k
2023: €10k
2024: €-487
2022 → 2025
Working capital
€45k▲ 675%
2024 · €6k
2022: €2k
2023: €-2k
2024: €6k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€33k-€43k▲ 30.9%€42k▼ 1.1%€36k▼ 15.0%
Operating result€40k-€14k▼ 64.8%€895▼ 93.6%€-4k
Net result€30k-€10k▼ 66.0%€-487€-6k▼ 1,199%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €895 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91k
Fixed assets
€10k ▼ 85.2%
Current assets
€81k ▲ 155%
Equity and liabilities €91k
Equity
€36k ▼ 15.0%
Debt
€55k ▼ 1.6%
Debt's share of the balance-sheet total rises from 57.2% to 60.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2024 · €25k
Cash flow
€299▼
2024 · €24k
Current ratio
2.23▲
2024 · 1.22
Debt to equity
1.55▲
2024 · 1.34
ROE
-17.7%▼
2024 · -1.2%
ROA
-6.9%▼
2024 · -0.5%
Interest coverage
1.25▼
2024 · 9.94
Debt ≤ 1 year
€36k▲
2024 · €26k
Debt > 1 year
€19k▼
2024 · €30k
Income taxes
€226▲
2024 · €-1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€98k€91k▼
Fixed assets21/28€66k€10k▼
Tangible fixed assets22/27€66k€10k▼
Plant, machinery and equipment23€8k€4k▼
Furniture and vehicles24€58k€6k▼
Current assets29/58€32k€81k▲
Amounts receivable within one year40/41€16k€19k▲
Trade receivables40€16k€19k▲
Other amounts receivable41€5€0▼
Cash at bank and in hand54/58€16k€61k▲
Deferred charges and accrued income490/1€317€897▲
Equity and liabilities
Total equity and liabilities10/49€98k€91k▼
Equity10/15€42k€36k▼
Contributions10/11€3k€3k=
Reserves13€40k€40k=
Distributable reserves133€40k€40k=
Profit (loss) carried forward14€-487€-7k▼
Amounts payable17/49€56k€55k▼
Amounts payable after more than one year17€30k€19k▼
Financial debts170/4€30k€19k▼
Amounts payable within one year42/48€26k€36k▲
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€3k€8k▲
Suppliers440/4€3k€8k▲
Taxes, remuneration and social security45€8k€11k▲
Taxes450/3€8k€11k▲
Other amounts payable47/48€5k€7k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€7k▼
Other operating charges640/8€855€2k▲
Non-recurring operating charges66A-€19k
Gross operating margin9900€26k€24k▼
Operating profit (loss)9901€895€-4k▼
Financial income75/76B-€8
Recurring financial income75-€8
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-2k€-6k▼
Income taxes67/77€-1k€226▲
Profit (loss) for the period9904€-487€-6k▼
Profit (loss) for the period to be appropriated9905€-487€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-487€-7k▼
Profit (loss) brought forward from the previous period14P-€-487
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
23-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 176 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Verviers · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue Edouard Cordonnier 234800 VerviersGround area
5.7 ha
Building footprint
116 m²
Volume, LiDAR
534 m³
2 parcels, Wallonia · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FSI AUTOMATION
since 20222.333.591.356
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63576A0378/00A000 | Wallonia | 5.6 ha | - | - |
| 63576A0287/00E000 | Wallonia | 919 m² | 1 · 116 m² | 6.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
AJAR & CO
BE 0750.999.635
Halle · Eq €36,160
KRYSZON
BE 0821.384.617
Plombières · Eq €34,806
PLUG & WORK
BE 0464.099.666
Ukkel · Eq €34,365
IDSM
BE 0875.203.185
Perwez · Eq €37,819
SL Computer
BE 0832.761.232
Sint-Jans-Molenbeek · Eq €37,933
Of 863 companies in sector 95100 we hold annual accounts for 265. 209 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
95100Repair and maintenance of computers and communication equipment
77222Rental and leasing activities
90393Specialised image, lighting and sound technical services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:francois.simonis@icloud.com