Fuesion
ActiveSummary
Fuesion has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-16k) and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▼-3
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.01 in 2024; short-term debt: 186.3% and cash: 0.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-86.3%
Return on assets
-14.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-16k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 6 filingsDeviation from the deadline
2025
28 d late
2024
17 d early
2023
9 d late
2022
6 d early
2021
41 d early
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-16k▼ 20.5%
2024 · €-13k
2020: €31k
2021: €33k▲ +6.8% vs 2020highest in 6 years
2022: €1k▼ -96.9% vs 2021
2023: €-10k▼ -1077% vs 2022
2024: €-13k▼ -28.3% vs 2023
2025: €-16k▼ -20.5% vs 2024lowest in 6 years
2020 → 2025
Total assets
€18k▼ 19.6%
2024 · €23k
2020: €73k
2021: €99k▲ +35.3% vs 2020highest in 6 years
2022: €48k▼ -51.1% vs 2021
2023: €65k▲ +34.6% vs 2022
2024: €23k▼ -65.1% vs 2023
2025: €18k▼ -19.6% vs 2024lowest in 6 years
2020 → 2025
Net result
€-3k▲ 7.1%
2024 · €-3k
2020: €36khighest in 6 years
2021: €2k▼ -94.1% vs 2020
2022: €-32k▼ -1613% vs 2021lowest in 6 years
2023: €-11k▲ +65.0% vs 2022
2024: €-3k▲ +74.3% vs 2023
2025: €-3k▲ +7.1% vs 2024
2020 → 2025
Working capital
€-34k▲ 5.2%
2024 · €-36k
2020: €12k
2021: €38k▲ +217% vs 2020highest in 6 years
2022: €-4k▼ -112% vs 2021
2023: €-41k▼ -832% vs 2022lowest in 6 years
2024: €-36k▲ +13.0% vs 2023
2025: €-34k▲ +5.2% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€1k▼ 96.9%€-10k€-13k▼ 28.3%€-16k▼ 20.5%
2021: €33khighest in 5 years
2022: €1k▼ -96.9% vs 2021
2023: €-10k▼ -1077% vs 2022
2024: €-13k▼ -28.3% vs 2023
2025: €-16k▼ -20.5% vs 2024lowest in 5 years
Operating result€5k-€-31k€-9k▲ 70.3%€-2k▲ 73.9%€-2k▲ 2.9%
2021: €5khighest in 5 years
2022: €-31k▼ -762% vs 2021lowest in 5 years
2023: €-9k▲ +70.3% vs 2022
2024: €-2k▲ +73.9% vs 2023
2025: €-2k▲ +2.9% vs 2024
Net result€2k-€-32k€-11k▲ 65.0%€-3k▲ 74.3%€-3k▲ 7.1%
2021: €2khighest in 5 years
2022: €-32k▼ -1613% vs 2021lowest in 5 years
2023: €-11k▲ +65.0% vs 2022
2024: €-3k▲ +74.3% vs 2023
2025: €-3k▲ +7.1% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €2k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18k
Fixed assets
€18k ▼ 20.3%
Current assets
€414 ▲ 31.8%
Key figures and ratios
EBITDA
€6k▲
2024 · €6k
Cash flow
€6k▲
2024 · €5k
Solvency
-86.3%▼
2024 · -57.6%
Current ratio
0.01▲
2024 · 0.01
Debt to equity
-2.16▲
2024 · -2.74
ROA
-14.7%▼
2024 · -12.7%
Interest coverage
42.18▲
2024 · 19.45
Debt
€34k▼
2024 · €36k
Debt ≤ 1 year
€34k▼
2024 · €36k
Income taxes
€185▲
2024 · €176
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet
Code20242025
Assets
Total assets20/58€23k€18k▼
Fixed assets21/28€22k€18k▼
Tangible fixed assets22/27€22k€18k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€18k€14k▼
Current assets29/58€314€414▲
Cash at bank and in hand54/58€314€28▼
Deferred charges and accrued income490/1-€386
Equity and liabilities
Total equity and liabilities10/49€23k€18k▼
Equity10/15€-13k€-16k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-33k€-36k▼
Amounts payable17/49€36k€34k▼
Amounts payable within one year42/48€36k€34k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€1k€893▼
Taxes450/3€1k€893▼
Other amounts payable47/48€32k€32k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲
Other operating charges640/8€2k€873▼
Gross operating margin9900€8k€7k▼
Operating profit (loss)9901€-2k€-2k▲
Financial charges65/66B€298€153▼
Recurring financial charges65€298€153▼
Profit (loss) for the period before taxes9903€-3k€-3k▲
Income taxes67/77€176€185▲
Profit (loss) for the period9904€-3k€-3k▲
Profit (loss) for the period to be appropriated9905€-3k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-36k▼
Profit (loss) brought forward from the previous period14P€-30k€-33k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €3k | €6k | €8k | €9k | ▲ 7.2% |
| Other operating charges640/8 | €733 | €5k | €3k | €2k | €873 | ▼ 50.4% |
| Gross operating margin9900 | €9k | €-24k | €-1k | €8k | €7k | ▼ 2.9% |
| Operating profit (loss)9901 | €5k | €-31k | €-9k | €-2k | €-2k | ▲ 2.9% |
| Financial income75/76B | €100 | €27 | €510 | - | - | - |
| Recurring financial income75 | €100 | €27 | €510 | - | - | - |
| Financial charges65/66B | €692 | €996 | €2k | €298 | €153 | ▼ 48.6% |
| Recurring financial charges65 | €692 | €996 | €2k | €298 | €153 | ▼ 48.6% |
| Profit (loss) for the period before taxes9903 | €4k | €-32k | €-11k | €-3k | €-3k | ▲ 7.9% |
| Income taxes67/77 | €2k | - | €92 | €176 | €185 | ▲ 5.5% |
| Profit (loss) for the period9904 | €2k | €-32k | €-11k | €-3k | €-3k | ▲ 7.1% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-32k | €-11k | €-3k | €-3k | ▲ 7.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €99k | €48k | €65k | €23k | €18k | ▼ 19.6% |
| Fixed assets21/28 | €5k | €9k | €31k | €22k | €18k | ▼ 20.3% |
| Intangible fixed assets21 | €1k | €533 | - | - | - | - |
| Tangible fixed assets22/27 | €4k | €8k | €31k | €22k | €18k | ▼ 20.3% |
| Plant, machinery and equipment23 | €1k | €4k | €5k | €4k | €4k | ▼ 6.5% |
| Furniture and vehicles24 | €3k | €4k | €25k | €18k | €14k | ▼ 23.7% |
| Current assets29/58 | €94k | €40k | €34k | €314 | €414 | ▲ 31.8% |
| Amounts receivable within one year40/41 | €64k | €40k | €34k | - | - | - |
| Trade receivables40 | €64k | €40k | €34k | - | - | - |
| Other amounts receivable41 | - | - | €157 | - | - | - |
| Cash at bank and in hand54/58 | €30k | €18 | €9 | €314 | €28 | ▼ 91.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €386 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €99k | €48k | €65k | €23k | €18k | ▼ 19.6% |
| Equity10/15 | €33k | €1k | €-10k | €-13k | €-16k | ▼ 20.5% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Profit (loss) carried forward14 | €13k | €-19k | €-30k | €-33k | €-36k | ▼ 8.1% |
| Amounts payable17/49 | €66k | €47k | €75k | €36k | €34k | ▼ 4.9% |
| Amounts payable after more than one year17 | €10k | €3k | - | - | - | - |
| Financial debts170/4 | €10k | €3k | - | - | - | - |
| Amounts payable within one year42/48 | €56k | €44k | €75k | €36k | €34k | ▼ 4.9% |
| Current portion of amounts payable after more than one year42 | €7k | €7k | €4k | - | - | - |
| Financial debts43 | - | €447 | €69 | - | - | - |
| Credit institutions430/8 | - | €447 | €69 | - | - | - |
| Trade debts44 | €2k | €2k | €4k | €2k | €1k | ▼ 32.7% |
| Suppliers440/4 | €2k | €2k | €4k | €2k | €1k | ▼ 32.7% |
| Taxes, remuneration and social security45 | €17k | €7k | €92 | €1k | €893 | ▼ 35.2% |
| Taxes450/3 | €17k | €7k | €92 | €1k | €893 | ▼ 35.2% |
| Other amounts payable47/48 | €29k | €28k | €67k | €32k | €32k | ▼ 1.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-32k | €-11k | €-3k | €-3k | ▲ 7.1% |
| + Depreciation and write-downs630 | €4k | €3k | €6k | €8k | €9k | ▲ 7.2% |
| Operating cash flow (approximation) | €6k | €-29k | €-6k | €5k | €6k | ▲ 15.0% |
| Investment in fixed assets (approximation) | - | €-6k | €-28k | €0 | €-4k | - |
| Change in cash | - | €-30k | €-9 | €305 | €-286 | ▼ 194% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Antwerpen · 1 establishment unit since 2019
Ground area
1,598 m²
Building footprint
458 m²
Volume, LiDAR
8,105 m³
Parcel 11051B0151/00W002, Flanders · tallest building 22.5 m, ±6 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Fuesion
since 20192.291.157.024
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051B0151/00W002 | Flanders | 1,598 m² | 1 · 458 m² | 22.5 m · 6 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.
Similar companies · same sector, comparable size
VALMI
BE 0827.565.396
Ukkel · Eq €1,046
Cubicus
BE 0669.484.694
Elsene · Eq €1,048
Braingain
BE 0745.470.932
Tervuren · Eq €1,048
TED
BE 0890.898.775
Sint-Jans-Molenbeek · Eq €1,040
JLL CONSEILS
BE 0705.964.317
Jalhay · Eq €1,055
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 5,062 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
Founded05-07-2019
Fiscal year end31-12
Abbreviation NL
FS
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.