Financials
- Fiscal year
- 2024
- Total assets
- €134,770
- Loss
- -€5,665
- Solvency
- 81.8%
Total assets▼ 8.0%
Net result
20182024
FUEL WAY
ActiveSummary
FUEL WAY has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €110,212 and a net result of -€5,665. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 89% of 26069 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Retail sale of automotive fuel
NACE 47300
1 site
Size
€134,770total assets 2024
- Equity
- €110,212
- Loss
- -€5,665
Turnover not published (abridged schema)
Structure
Accounts 66 d overdue0 of 3 deeds read
Why 71- 1 financial year not filed after the legal deadline; latest accounts 73 days late; 3 of the last 3 late- Figures for FY 2024 (filed 16-10-2025)+ Liquidity: current ratio 6.64, cash €88,216+ Equity €110,212 (81.8% of total assets)Show the evidence
Checked score
Score 2024
71
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 59% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
100=
equity 81.8% of total assets
Liquidity
98+1
short-term debt 13.9% · cash 65.5%
Profitability
27-45
return on assets -4.2%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%highest value
12-2024: 0.3%▼ -70.8% vs 11-2024
01-2025: 0.2%▼ -14.3% vs 12-2024
02-2025: 0.2%● 0.0% vs 01-2025
03-2025: 0.2%▼ -0.8% vs 02-2025
04-2025: 0.2%▼ -1.3% vs 03-2025
05-2025: 0.2%▼ -3.4% vs 04-2025
06-2025: 0.2%▲ +1.8% vs 05-2025
07-2025: 0.2%▼ -3.5% vs 06-2025lowest value
08-2025: 0.3%▲ +52.7% vs 07-2025
09-2025: 0.4%▲ +20.4% vs 08-2025
10-2025: 0.7%▲ +70.3% vs 09-2025
11-2025: 0.3%▼ -54.4% vs 10-2025
12-2025: 0.3%● 0.0% vs 11-2025
01-2026: 0.3%▼ -13.2% vs 12-2025
02-2026: 0.3%● 0.0% vs 01-2026
03-2026: 0.3%▼ -6.2% vs 02-2026
04-2026: 0.3%▼ -1.2% vs 03-2026
05-2026: 0.2%▼ -7.5% vs 04-2026
06-2026: 0.2%▲ +1.7% vs 05-2026
07-2026: 0.2%▲ +2.9% vs 06-2026
08-2026: 0.3%▲ +27.5% vs 07-2026
09-2026: 0.4%▲ +14.6% vs 08-2026
10-2026: 0.6%▲ +68.1% vs 09-2026
- Liquidity: current ratio 6.64, cash €88,216 lowers the probability
- 1 financial year not filed after the legal deadline; latest accounts 73 days late; 3 of the last 3 late raises the probability
- Figures for FY 2024 (filed 16-10-2025) raises the probability
- Equity €110,212 (81.8% of total assets) lowers the probability
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 6.64 against 6.11 in 2023; short-term debt: 13.9% and cash: 65.5% of total assets), and 18.2% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 92%, liquidity 96%, profitability 23%, growth against the median 25%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-10-2025, 73 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
73 d late
2023
107 d late
2022
98 d late
2021
92 d late
2020
31 d late
2019
130 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 89 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€5,665
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2016
- 12-10-2025Annual accounts filed
- 31-12-2024Weakest financial year
- 15-11-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of automotive fuelNACE 47300
- Founded
- 04-06-2014
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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