FTS
The file of FTS contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 1.3% (low). The 2025 annual accounts show negative equity (€-19k) and a net result of €22k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2891 sector peers (fiscal year 2025).
| Equity | €-19k |
| Net result | €22k |
| Better than sector | 5% |
| Active | 9 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -27.6% | 43.4% | |
| Net result | €22k | €13k | |
| Equity | €-19k | €44k | |
| Gross operating margin | €27k | €39k | |
| Staff costs | €2k | €30k |
Show 15 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €25k |
| Net profit | €22k |
| Cash flow | €27k |
| Staff costs | €2k |
| Income taxes | €169 |
| Dividends | - |
| Total assets | €68k |
| Equity | €-19k |
| Debt | €87k |
| of which ≤ 1y | €87k |
| of which > 1y | - |
| Working capital | €-32k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.64 |
| Quick ratio | 0.49 |
| Working capital ratio | -46.4% |
| Solvency | -27.6% |
| Debt / equity | -4.63 |
| Long-term debt ratio | - |
| Interest coverage | 38.00 |
| Gross margin | - |
| Net margin | - |
| ROA | 32.6% |
| ROE | -118.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €68k |
| Fixed assets | 21/28 | €13k |
| Intangible fixed assets | 21 | €2k |
| Tangible fixed assets | 22/27 | €10k |
| Financial fixed assets | 28 | €500 |
| Current assets | 29/58 | €55k |
| Stocks & contracts in progress | 3 | €12k |
| Amounts receivable within one year | 40/41 | €39k |
| Cash & bank | 54/58 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €68k |
| Equity | 10/15 | €-19k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €17k |
| Accumulated profits (losses) | 14 | €-55k |
| Amounts payable | 17/49 | €87k |
| Amounts payable within one year | 42/48 | €87k |
| Trade debts payable within one year | 44 | €31k |
| Income statement | ||
| Gross operating margin | 9900 | €27k |
| Operating result | 9901 | €21k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €664 |
| Result before taxes | 9903 | €22k |
| Income taxes | 67/77 | €169 |
| Net result for the period | 9904 | €22k |
| Result to be appropriated | 9905 | €22k |
-
Samuel De GreefDirectorState Gazette act 23018953 (08-02-2023)Current10-12-2022 → present
2 events
- 10-12-2022 Appointed· Director
- 10-12-2022 Resigned· Director
Former directors (1)
-
Jan De GreefDirectorState Gazette act 22151865 (27-12-2022)Former- → 10-12-2022
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | STEFFI VANHULLE GROTE BAAN 68, 9120 BEVEREN-
WAAS |
13-08-2024 → present | Belgian State Gazette |
| NACE primary | Algemene elektrotechnische installatiewerken(43211) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 12-04-2017 |
| Status | Active |
| Postal code | 1850 |
| First BS signal | 20-08-2024 |
| Latest BS signal | 01-10-2024 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23403F0082/00S002 | Flanders | 4,917 m² | 1 · 2,968 m² | 7.3 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 1 further earlier event in this file, covering 13-08-2024 to 24-09-2024.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
08-02-2023 1 director appointed, 1 resigning
- Samuel De Greef, Bestuurder
- Samuel De Greef, Bestuurder
Technical details
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},
"act_meta": {
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"filing_date": "2023-01-31",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
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"date": "2023-01-24",
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}
],
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}27-12-2022 Jan De Greef resigns as director
- Jan De Greef, Bestuurder
Technical details
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}
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},
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],
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}| Legal nameNL | FTS |