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FTDN

Active
Private limited company (pre-2019)founded 20178 yrs activeJachtlaan 133-135, 1040 Etterbeek, BelgiumKBO/BCE: BE 0684.541.074
Summary

The computed 12-month bankruptcy probability of FTDN is 1.8% (moderate). The 2024 annual accounts show equity of €42,181 and a net result of €4,010. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 70% of 26040 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability51▲+8
Solvency82▲+19
Growth59▲+7
Track record100
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 2.33 against 1.62 in 2023; short-term debt: 43% and cash: 30% of total assets), and 43% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 →
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 2024
Solvency, return and age of the figures
Solvency
57%
Return on assets
5.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 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 · 7 filings
Deviation from the deadline
2025
not confirmed
2024
46 d late
2023
30 d late
2022
30 d late
2021
31 d late
2020
234 d late
2019
14 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 64 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

FTDN was incorporated on 9 November 2017.1 Revenue fell from EUR 215,790 in 2018 to EUR 180,177 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€180,177▲ 23.3%
2019 · €146,099
EBIT margin
2.3%▼ 13.5pp
2019 · 15.8%
Net result
€4,010▲ 92.9%
2023 · €2,079
Working capital
€42,181▲ 10.5%
2023 · €38,171
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€180,177
Operating result€11,507▼ 50.2%€9,896▼ 14.0%€16,912▲ 70.9%€3,235▼ 80.9%€4,127▲ 27.6%
Net result€10,318▼ 37.8%-€917€2,342€2,079▼ 11.2%€4,010▲ 92.9%
EBIT margin2.3%
Equity€34,668▲ 42.4%€33,751▼ 2.6%€36,093▲ 6.9%€38,171▲ 5.8%€42,181▲ 10.5%
Total assets€39,667▲ 3.6%€35,856▼ 9.6%€49,185▲ 37.2%€99,813▲ 103%€73,983▼ 25.9%
Debt€4,999▼ 64.1%€2,105▼ 57.9%€13,092▲ 522%€61,641▲ 371%€31,801▼ 48.4%
Working capital€34,668▲ 42.4%€33,751▼ 2.6%€36,093▲ 6.9%€38,171▲ 5.8%€42,181▲ 10.5%
Staff (FTE)1
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000€15,000Operating result 2020: €11,507€11,507Net result 2020: €10,318€10,318Operating result 2021: €9,896€9,896Net result 2021: -€917-€917Operating result 2022: €16,912€16,912Net result 2022: €2,342€2,342Operating result 2023: €3,235€3,235Net result 2023: €2,079€2,079Operating result 2024: €4,127€4,127Net result 2024: €4,010€4,01020202021202220232024€0€5,000€10,000€15,000Operating result 2022: €16,912€16,900Net result 2022: €2,342€2,340Operating result 2023: €3,235€3,230Net result 2023: €2,079€2,080Operating result 2024: €4,127€4,130Net result 2024: €4,010€4,010202220232024
The operating result recovers in 2024; 2024 is 28% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €73,983
Equity €42,181 ▲ 10.5%
Debt €31,801 ▼ 48.4%
Debt's share of the balance-sheet total falls from 61.8% to 43.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
Current ratio
2.33▲
2023 · 1.62
Quick ratio
2.27▲
2023 · 1.59
Debt to equity
0.75▼
2023 · 1.61
ROE
9.5%▲
2023 · 5.4%
ROA
5.4%▲
2023 · 2.1%
Debt ≤ 1 year
€31,801▼
2023 · €61,641
Staff costs
€25,152▲
2023 · €18,451
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.5% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.8% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 26,964 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€99,813€73,983▼
Current assets29/58€99,813€73,983▼
Amounts receivable after more than one year29€45,000€45,000=
Other amounts receivable291€45,000€45,000=
Stocks and contracts in progress3€1,639€1,782▲
Stocks30/36€1,639€1,782▲
Amounts receivable within one year40/41€16,258€4,982▼
Trade receivables40€12,930-
Other amounts receivable41€3,328€4,982▲
Cash at bank and in hand54/58€36,915€22,219▼
Equity and liabilities
Total equity and liabilities10/49€99,813€73,983▼
Equity10/15€38,171€42,181▲
Contributions10/11€6,200€6,200=
Capital10-€6,200
Issued capital100-€6,200
Reserves13€1,264€1,264=
Non-distributable reserves130/1€1,264€1,264=
Reserves not available under the articles1311€1,264€1,264=
Profit (loss) carried forward14€30,708€34,718▲
Amounts payable17/49€61,641€31,801▼
Amounts payable within one year42/48€61,641€31,801▼
Trade debts44€40,357€14,208▼
Suppliers440/4€40,357€14,208▼
Taxes, remuneration and social security45€20,273€16,581▼
Taxes450/3€7,961€9,532▲
Remuneration and social security454/9€12,312€7,049▼
Other amounts payable47/48€1,012€1,012=
Income statement Code20232024
Turnover70-€180,177
Goods, raw materials, services and sundry goods60/61-€150,878
Remuneration, social security and pensions62€18,451€25,152▲
Other operating charges640/8€1,056€20▼
Gross operating margin9900€22,742€29,299▲
Operating profit (loss)9901€3,235€4,127▲
Financial charges65/66B€1,156€118▼
Recurring financial charges65€1,156€118▼
Profit (loss) for the period before taxes9903€2,079€4,010▲
Profit (loss) for the period9904€2,079€4,010▲
Profit (loss) for the period to be appropriated9905€2,079€4,010▲
Appropriation of the result
Profit (loss) to be appropriated9906€30,708€34,718▲
Profit (loss) brought forward from the previous period14P€28,629€30,708▲
Line20202021202220232024Change
Turnover70----€180,177-
Goods, raw materials, services and sundry goods60/61----€150,878-
Remuneration, social security and pensions62--€23,438€18,451€25,152▲ 36.3%
Other operating charges640/8--€1,674€1,056€20▼ 98.1%
Gross operating margin9900€11,507€9,896€42,024€22,742€29,299▲ 28.8%
Operating profit (loss)9901€11,507€9,896€16,912€3,235€4,127▲ 27.6%
Financial income75/76B-€779----
Recurring financial income75€779€779----
Financial charges65/66B-€355€1,117€1,156€118▼ 89.8%
Recurring financial charges65€239€355€1,117€1,156€118▼ 89.8%
Profit (loss) for the period before taxes9903€12,046€10,319€15,795€2,079€4,010▲ 92.9%
Income taxes67/77€1,728€11,236€13,453---
Profit (loss) for the period9904€10,318-€917€2,342€2,079€4,010▲ 92.9%
Profit (loss) for the period to be appropriated9905€10,318-€917€2,342€2,079€4,010▲ 92.9%
Line20202021202220232024Change
Assets
Total assets20/58€39,667€35,856€49,185€99,813€73,983▼ 25.9%
Current assets29/58€39,667€35,856€49,185€99,813€73,983▼ 25.9%
Amounts receivable after more than one year29-€30,000€45,000€45,000€45,000=
Other amounts receivable291-€30,000€45,000€45,000€45,000=
Stocks and contracts in progress3€1,897€1,733€2,596€1,639€1,782▲ 8.7%
Stocks30/36-€1,733€2,596€1,639€1,782▲ 8.7%
Amounts receivable within one year40/41€174€1,005-€16,258€4,982▼ 69.4%
Trade receivables40---€12,930--
Other amounts receivable41-€1,005-€3,328€4,982▲ 49.7%
Cash at bank and in hand54/58€6,829€3,118€1,589€36,915€22,219▼ 39.8%
Equity and liabilities
Total equity and liabilities10/49€39,667€35,856€49,185€99,813€73,983▼ 25.9%
Equity10/15€34,668€33,751€36,093€38,171€42,181▲ 10.5%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Capital10----€6,200-
Issued capital100----€6,200-
Reserves13€1,264€1,264€1,264€1,264€1,264=
Non-distributable reserves130/1-€1,264€1,264€1,264€1,264=
Reserves not available under the articles1311-€1,264€1,264€1,264€1,264=
Profit (loss) carried forward14€27,204€26,287€28,629€30,708€34,718▲ 13.1%
Amounts payable17/49€4,999€2,105€13,092€61,641€31,801▼ 48.4%
Amounts payable within one year42/48€4,999€2,105€13,092€61,641€31,801▼ 48.4%
Trade debts44---€40,357€14,208▼ 64.8%
Suppliers440/4---€40,357€14,208▼ 64.8%
Taxes, remuneration and social security45-€2,105€12,541€20,273€16,581▼ 18.2%
Taxes450/3-€2,105€12,541€7,961€9,532▲ 19.7%
Remuneration and social security454/9---€12,312€7,049▼ 42.7%
Other amounts payable47/48--€551€1,012€1,012=
Line20202021202220232024Change
Profit (loss) for the period9904€10,318-€917€2,342€2,079€4,010▲ 92.9%
Operating cash flow (approximation)€10,318-€917€2,342€2,079€4,010▲ 92.9%
Change in cash--€3,711-€1,529€35,326-€14,696▼ 142%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
15-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial Back to profitnet €2,342
Net result €2,342 after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
22-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 234 days late
2021
31-12
Financial Weakest financial yearnet -€917
Net result drops to -€917, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 17.03
Current ratio from 7.94 to 17.03; short-term debt falls from €4,999 to €2,105.
2020
31-12
Financial Liquidity triplescurrent ratio 7.94
Current ratio from 2.75 to 7.94; short-term debt falls from €13,922 to €4,999.
14-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 14 days late
14-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 380 days late
2019
31-12
Financial Highest result since 2018net €16,597 ▲969%
Operating result €23,124, net result €16,597, both a record.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
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, Etterbeek · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
75 m²
Building footprint
63 m²
Volume, LiDAR
859 m³
Parcel 21364B0183/00H003, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
FTDN
Jachtlaan 133-135, 1040 EtterbeekRetail trade
since 20182.273.354.158
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21364B0183/00H003 Brussels 75 m² 1 · 63 m² 17.8 m · 5 fl.
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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Etterbeek2.273.354.158
1 permission
Toelating · Detailhandel · since 10-01-2019

Similar companies · same sector, comparable size

Of 10,510 companies in sector 47110 we hold annual accounts for 5,850. 4,573 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 (pre-2019)
Founded09-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.