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Fugro Belgium

Active
Private limited companyfounded 1929active for 97 yearsRue du Bosquet 9, 1348 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0403.026.288
Summary

The computed 12-month bankruptcy probability of Fugro Belgium is 1.8% (moderate). The 2024 annual accounts show equity of €2.7m and a net result of -€200,402. Equity remains stable across the filed financial years (±1.3% per year). The company has been active since 1929 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other technical testing and analysis
NACE 71209Specialised construction activities NACE 43130
Oldest company in Walloon Brabant, Architecture and engineering sector1 site
Size
€15.8mturnover 2024
Staff
80.1 FTE
Equity
€2.7m
Loss
-€200,402
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.8%
Structure
Parent
FUGRO HOLDING BELGIUM · 100%
Holdings
1
Accounts 74 days overdue3 of 19 deeds read
Why 54raises risk1 financial year not filed after the legal deadline; latest accounts 316 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 12-06-2026)Liquidity: current ratio 1.38, cash €286,713, halvedlowers riskFounded in 1929Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 40% of its sector peers (NACE 71, medium-sized)
Financial strength · tick = 2023
Weak
Solvency 65-2
equity 39.8% of total assets
Liquidity 31-16
short-term debt 48.8% · cash 4.2%
Profitability 24+24
return on assets -2.9%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (163 companies, NACE 71, medium-sized)
Last 24 months 11-2024: 0.8%lowest value 12-2024: 1.0%▲ +0.2 percentage points vs 11-2024 01-2025: 1.7%▲ +0.7 percentage points vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 1.5%▼ -0.2 percentage points vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.5%● unchanged vs 06-2025 08-2025: 2.3%▲ +0.8 percentage points vs 07-2025highest value 09-2025: 1.0%▼ -1.3 percentage points vs 08-2025 10-2025: 1.1%▲ +0.1 percentage points vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.4%▲ +0.3 percentage points vs 11-2025 01-2026: 2.2%▲ +0.8 percentage points vs 12-2025 02-2026: 2.2%● unchanged vs 01-2026 03-2026: 2.2%● unchanged vs 02-2026 04-2026: 2.0%▼ -0.2 percentage points vs 03-2026 05-2026: 2.0%● unchanged vs 04-2026 06-2026: 2.0%● unchanged vs 05-2026 07-2026: 0.9%▼ -1.1 percentage points vs 06-2026 08-2026: 1.3%▲ +0.4 percentage points vs 07-2026 09-2026: 1.4%▲ +0.1 percentage points vs 08-2026 10-2026: 1.8%▲ +0.4 percentage points vs 09-2026
Credit of up to €140,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.38, compared with 1.45 in 2023, below the usual 1.5; short-term debt: 48.8% and cash: 4.2% of total assets), and 60.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 71, medium-sized): better than 54% on solvency, 30% on liquidity, 18% on profitability and 57% on growth.

The bankruptcy probability was computed on 13-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 316 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 12-06-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.38, cash €286,713, halved
NBB · annual accounts
lowers risk · Founded in 1929
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 74 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline13-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-06-2026, 316 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
316 days late
2023
377 days late
2022
360 days late
2021
547 days late
2020
4 days late
2019
7 days 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 269 days after the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Permanent representatives: Katja Fenton and Barbara…Reappointment: Fugro Holding Belgium SA…
  2. Annual accounts filedfinancial year 2024 · unclassified…
  3. Permanent representatives: Gabriël Jacobus (nom d'usage…Gazette deed

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2024 -€200,402 View
  • Positive: Result rose in 2024from -€1.7m to -€200,402 ▲ 87.9% View
  • Positive: Oldest company in Walloon Brabant, Architecture and engineering sectorin the Checked rankings No. 1 View
  • Caution: Accounts not fileddeadline was 31-07-2026 74 days late View
  • Board changedlatest change 09-06-2026 · 2 in office 2 joined · 1 left View
  • Controlled by FUGRO HOLDING BELGIUMultimately: FUGRO CONSULTANTS INTERNATIONAL 100% View
  • Active since 1929founded 31-05-1929 97 years View

By topic

Financials

Financial year
2024
Turnover
€15.8m
Loss
-€200,402
Solvency
39.8%
Turnover▲ 21.4%
Net result
20202024
Go to Financials

Board & ownership

Board
2 members
Parent
FUGRO HOLDING BELGIUM · 100%
  • Gabriël Jacobus StemmetDirector
  • Fugro Holding Belgium SADirector
Go to Board & ownership

Timeline

Events
53
Since
1978
  1. 02-01-2026Resignation: Xavier Raucroix (director)
  2. 12-08-2025Annual accounts filed
  3. 25-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other technical testing and analysisNACE 71209
Founded
31-05-1929
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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