Financials
- Financial year
- 2024
- Total assets
- €51,671
- Loss
- -€12,756
- Solvency
- 25.5%
Total assets▼ 38.4%
Net result
20232024
FSK Finance
ActiveSummary
The computed 12-month bankruptcy probability of FSK Finance is 8.0% (elevated). The 2024 annual accounts show equity of €13,193 and a net result of -€12,756. The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activity not known1 site
Size
€51,671total assets 2024
- Equity
- €13,193
- Loss
- -€12,756
Turnover not published (micro format)
Structure
2025 accounts not filed, 88 days past the deadline1 deed in the Belgian Official Gazette
Why 33raises riskFigures for financial year 2024 (filed 06-11-2025)1 financial year not filed after the legal deadline; last filed accounts filed 92 days late; 2 of the last 3 lateNo main activity registeredFounded in 2022Show the evidence
Checked score
Score 2024
33
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 26% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Weak
Solvency
51-5
equity 25.5% of total assets
Liquidity
64+18
short-term debt 40.3% · cash 26.3%
Profitability
0-100
return on assets -24.7%
Bankruptcy probability, 12 months
8.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 4.6%
12-2024: 4.5%▼ -0.1 percentage points vs 11-2024
01-2025: 4.4%▼ -0.1 percentage points vs 12-2024
02-2025: 4.4%● unchanged vs 01-2025
03-2025: 4.4%● unchanged vs 02-2025
04-2025: 4.5%▲ +0.1 percentage points vs 03-2025
05-2025: 4.4%▼ -0.1 percentage points vs 04-2025
06-2025: 4.4%● unchanged vs 05-2025
07-2025: 4.5%▲ +0.1 percentage points vs 06-2025
08-2025: 5.5%▲ +1.0 percentage point vs 07-2025
09-2025: 5.9%▲ +0.4 percentage points vs 08-2025
10-2025: 7.5%▲ +1.6 percentage points vs 09-2025
11-2025: 7.6%▲ +0.1 percentage points vs 10-2025
12-2025: 3.4%▼ -4.2 percentage points vs 11-2025
01-2026: 3.3%▼ -0.1 percentage points vs 12-2025lowest value
02-2026: 3.4%▲ +0.1 percentage points vs 01-2026
03-2026: 3.6%▲ +0.2 percentage points vs 02-2026
04-2026: 3.6%● unchanged vs 03-2026
05-2026: 3.6%● unchanged vs 04-2026
06-2026: 3.7%▲ +0.1 percentage points vs 05-2026
07-2026: 3.8%▲ +0.1 percentage points vs 06-2026
08-2026: 5.1%▲ +1.3 percentage points vs 07-2026
09-2026: 5.7%▲ +0.6 percentage points vs 08-2026
10-2026: 8.0%▲ +2.3 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 2.29, compared with 1.0 in 2023, above the usual 1.5; short-term debt: 40.3% and cash: 26.3% of total assets), but 74.5% 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 (no NACE code, micro): better than 31% on solvency, 61% on liquidity, 4% on profitability and 9% on growth.
The bankruptcy probability was computed on 26-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 88 days later.
NBB · 2 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline27-10-2026 today
raises risk · 2024 accounts filed 92 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
92 days late
2023
121 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 107 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Liquidity more than doubledcurrent ratio 2.29
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Timeline
- Events
- 3
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 14-07-2022
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about FSK Finance
- What is the company number of FSK Finance?
- 0788.587.432. In Belgium the VAT number is the company number with BE in front: BE 0788.587.432.
- Where is FSK Finance based?
- The registered office is at Voormuide 9, 9000 Gent.Company details
- What is the legal form of FSK Finance?
- Private limited company (BV).
- When was FSK Finance founded?
- On 14-07-2022.
- Is FSK Finance still active?
- Yes, FSK Finance is an active enterprise in the KBO register.
- What is the turnover of FSK Finance?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is FSK Finance profitable?
- In financial year 2024, FSK Finance made a loss of €12,756.
- Where can I find the annual accounts of FSK Finance?
- FSK Finance filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.