Turnover
The micro format states no turnover.
The micro format states no turnover.
Of this, €25,088 falls due within a year.
The last five annual accounts were filed 3 to 44 days before the end of the period.
The dashed line is the sector median: 0.6% across 2,522 companies (NACE 55, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 (NACE 55, micro). It does better than 48% of them on solvency, 67% on liquidity, 44% on profitability and 35% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 1,548 companies had the same profile as FUARTE has now. Each dot stands for 4 companies, two years later.
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FUARTE itself is lower: 0.5% within 12 months. It rests on far more data about FUARTE than the profile alone.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,548 companies, not a prediction for FUARTE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.89 (1.05 in 2024), below 1. Short-term debt is 26.9% and cash 11.5% of total assets. 80.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 6 accounts on average 20 days before the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| FUARTE Oudsbergen | €93,274 | €16,950 | 19.6% | - |
| LA DOLCE VITA Dilsen-Stokkem | €101,203 | €19,512 | 81.7% | - |
| Laethemgoed Zwalm | €153,943 | €12,457 | 4.3% | - |
| Nest Antwerp Antwerp | €78,050 | €23,112 | 16.0% | - |
| OCEAN ZERO Pont-à-Celles | €170,088 | €31,269 | 12.9% | - |
| TOP-VAKANTIEHUIZEN Harelbeke | €50,126 | €15,098 | 56.9% | - |
| KDY IMMO Chaudfontaine | €142,953 | €26,002 | -8.0% | - |
These companies have the same main activity as FUARTE: other holiday and short-stay accommodation (NACE 55209). They are comparable in size and age: total assets between €50,100 and €170,000, founded between 2015 and 2022.
FUARTE files the micro format. That format states no turnover. The gross margin fell from €41,848 in 2020 to €16,950 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €87,000. Estimated: probably between €49,000 and €140,000.
Higher than 51% of 1,609 companies in 2025.
Higher than 60% of 1,562 companies in 2025.
Higher than 36% of 1,582 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
93,274 | 111,027 | 55,005 | 49,147 | 48,144 | 63,829 | |
20 |
0 | 32 | 227 | 421 | 421 | 615 | |
21/28 |
70,967 | 77,301 | 17,151 | 24,050 | 20,544 | 20,254 | |
21 |
287 | 602 | 917 | 1,232 | 1,232 | 1,546 | |
22/27 |
70,250 | 76,269 | 15,804 | 22,388 | 18,883 | 18,278 | |
22 |
25,536 | 30,668 | 8,415 | 9,159 | 5,654 | 7,586 | |
23 |
32,895 | 36,930 | - | 691 | 691 | 3,029 | |
24 |
11,819 | 8,672 | 7,390 | 12,538 | 12,538 | 7,663 | |
28 |
430 | 430 | 430 | 430 | 430 | 430 | |
29/58 |
22,307 | 33,693 | 37,627 | 24,677 | 27,179 | 42,960 | |
40/41 |
10,940 | 26,560 | 29,277 | 17,058 | 15,522 | 20,496 | |
40 |
10,399 | 25,751 | 28,843 | 17,058 | 15,522 | 20,496 | |
41 |
541 | 809 | 434 | - | - | - | |
54/58 |
10,761 | 7,133 | 7,542 | 7,258 | 10,011 | 21,551 | |
490/1 |
606 | 0 | 808 | 361 | 1,647 | 912 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
93,274 | 111,027 | 55,005 | 49,147 | 48,144 | 63,829 | |
10/15 |
18,277 | 19,552 | 16,666 | 7,084 | 9,254 | 16,725 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
13,352 | 13,352 | 10,525 | 10,525 | 10,525 | 10,525 | |
133 |
13,352 | 13,352 | 10,525 | 10,525 | 10,525 | 10,525 | |
14 |
-1,275 | 0 | -59 | -9,641 | -7,471 | - | |
17/49 |
74,997 | 91,475 | 38,339 | 42,063 | 38,890 | 47,104 | |
17 |
49,009 | 58,650 | 13,836 | 16,847 | 19,771 | 22,610 | |
170/4 |
49,009 | 58,650 | 13,836 | 16,847 | 19,771 | 22,610 | |
42/48 |
25,088 | 32,202 | 23,464 | 25,215 | 19,119 | 24,494 | |
42 |
9,641 | 9,222 | 3,011 | 2,924 | 2,839 | 2,757 | |
44 |
1,142 | 5,839 | 8,239 | 10,144 | 2,577 | 2,524 | |
440/4 |
1,142 | 5,839 | 8,239 | 10,144 | 2,577 | 2,524 | |
45 |
1,575 | 1,401 | 2,587 | 1,600 | 952 | 4,251 | |
450/3 |
575 | 201 | 2,587 | - | 752 | 4,251 | |
454/9 |
1,000 | 1,200 | - | 1,600 | 200 | - | |
47/48 |
12,730 | 15,741 | 9,627 | 10,548 | 12,751 | 14,962 | |
492/3 |
900 | 622 | 1,039 | - | - | - | |
| Income statement | |||||||
76A |
10,403 | 168 | - | 300 | 1,906 | - | |
9900 |
16,950 | 35,494 | 20,433 | -602 | 2,988 | 41,848 | |
630 |
15,491 | 29,006 | 8,686 | - | 9,383 | 29,337 | |
640/8 |
784 | 627 | 739 | 792 | 265 | 675 | |
66A |
62 | - | - | - | - | - | |
9901 |
613 | 5,862 | 11,008 | -1,393 | -6,660 | 11,836 | |
75/76B |
2,175 | 0 | 87 | 0 | 6 | 193 | |
75 |
2,175 | 0 | 87 | 0 | 6 | 193 | |
65/66B |
3,487 | 2,675 | 1,227 | 777 | 817 | 1,505 | |
65 |
3,487 | 2,675 | 1,227 | 777 | 817 | 1,505 | |
9903 |
-700 | 3,187 | 9,869 | -2,170 | -7,471 | 10,525 | |
67/77 |
575 | 301 | 287 | - | - | - | |
9904 |
-1,275 | 2,886 | 9,582 | -2,170 | -7,471 | 10,525 | |
9905 |
-1,275 | 2,886 | 9,582 | -2,170 | -7,471 | 10,525 | |
| Appropriation of the result | |||||||
9906 |
-1,275 | 2,827 | -59 | -9,641 | -7,471 | 10,525 | |
14P |
0 | -59 | -9,641 | -7,471 | - | - | |
691/2 |
0 | 2,827 | - | - | - | 10,525 | |
6921 |
0 | 2,827 | - | - | - | 10,525 | |
| Document | |||||||
The notes to these accounts have 16 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 27-04-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 27-04-2026 | 2026-00088580 | |
| 30-09-2024 | micro format | 17-03-2025 | 2025-00048613 | |
| 30-09-2023 | micro format | 26-04-2024 | 2024-00077828 | |
| 30-09-2022 | micro format | 30-03-2023 | 2023-00048401 | |
| 30-09-2021 | micro format | 30-03-2022 | 2022-09400333 | |
| 30-09-2020 | micro format | 22-04-2021 | 2021-11000248 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €759 | €759 |
| 2022 | 1 | €300 | €300 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 16,104 | 34,868 | 19,694 | - | 2,723 | 41,173 | ||
| 14,216 | 31,892 | 18,268 | - | 1,912 | 39,862 | ||
| 10,784 | 89,848 | 1,594 | 3,505 | 12,201 | 49,235 | ||
| 3,628 | -409 | 285 | -2,753 | -11,541 | - | ||
| -2,781 | 1,491 | 14,163 | -539 | 8,060 | 18,466 | ||
| 19.6% | 17.6% | 30.3% | 14.4% | 19.2% | 26.2% | ||
| 0.89 | 1.05 | 1.60 | 0.98 | 1.42 | 1.75 | ||
| 4.10 | 4.68 | 2.30 | 5.94 | 4.20 | 2.82 | ||
| -7.0% | 14.8% | 57.5% | -30.6% | -80.7% | 62.9% | ||
| -1.4% | 2.6% | 17.4% | -4.4% | -15.5% | 16.5% | ||
| 4.62 | 13.03 | 16.05 | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €10,784 | €89,848 | €1,594 | €3,505 |
| €15,491 | €29,006 | €8,686 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 90% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 82.4% to 80.4%. Equity and debt are lower.
FUARTE has no parent and no holdings in its annual accounts. HENDRIKX Ann is the only director. FUARTE shares no director with another company.
| Ministeries van de Vlaamse Gemeenschap
establishment since 01-01-2008 |
founded in 1980 0316.380.841 |
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Ophovenstraat 211 registered office 3670 Oudsbergen | 07-12-2018 | 2.282.610.730 | Itinerant retailer Retail with processing activity |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 72011C0969/00S000 | 197 m² | 1 · 104 m² | 19.4 m · 1 |
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