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 520 sector peers (fiscal year 2025).
| Equity | €-19k |
| Net result | €22k |
| Better than sector | 5% |
| Active | 9 yrs |
Fragile profile — watch profitability in particular.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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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% | 45.7% | |
| Net result | €22k | €12k | |
| Equity | €-19k | €40k | |
| Gross operating margin | €27k | €34k | |
| Staff costs | €2k | €24k |
| Fiscal year | 2025 |
|---|---|
| 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) | — |
| 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 |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | STEFFI VANHULLE GROTE BAAN 68, 9120 BEVEREN-
WAAS |
13-08-2024 → present | Belgian State Gazette |
| NACE primary | Specialised construction(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.
08-02-2023 1 director appointed, 1 resigning
- Samuel De Greef — Bestuurder
- Samuel De Greef — Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": "87120729152",
"name": "Samuel De Greef",
"address": "Chauss\u00E9e Maieur Habils 120, 1430 Rebecq",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2022-12-10",
"evidence_quote": "De vergaderir\u0131g kiest als bestuurders de volgende persorien: de heer Samuel De Greef, met nationaal nummer: 87120729152, wonend te Chauss\u00E9e Maieur Habils 120 te 1430 Rebecq.",
"decharge_status": null,
"mandate_duration": {
"kind": "until_date",
"value": "2022-12-10"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
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"name": "Samuel De Greef",
"address": "Chauss\u00E9e Maieur Habils 120, 1430 Rebecq",
"birth_date": null,
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},
"reason": "end_of_term",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2022-12-10",
"evidence_quote": "Zijn mardaat als bestuurder gaat in per 10/12/2022.",
"decharge_status": null,
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"rep_rotation_new_rep": null,
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-02-08",
"filing_date": "2023-01-31",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2023-01-24",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0675.804.938",
"name_full": "FTS",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Samuel De Greef",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}27-12-2022 Jan De Greef resigns as director
- Jan De Greef — Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Jan De Greef",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "voluntary",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2022-12-10",
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-12-27",
"filing_date": "2022-12-15",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "enig_aandeelhouder_schriftelijk",
"date": "2022-12-15",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0675.804.938",
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"publication_proxy": {
"kind": "none",
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"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | FTS |