Fungizmo
ActiveFungizmo has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €879k and a net result of €176k. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 49% of 8072 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
76
/ 100
Excellent▲ +18 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency65▼-4
Growth78▲+26
Stability94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity short (current ratio 0.61 against 1.24 in 2023), and 46.9% of the assets are financed with debt.
Credit advice 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
Sector 70
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
53.1%
Return on assets
10.7%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
28 d early
2022
34 d early
2021
33 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€879k▲ 25.1%
2023 · €703k
2021: €560k
2022: €704k
2023: €703k
2021 → 2024
Total assets
€1.66M▼ 1.0%
2023 · €1.67M
2021: €1.60M
2022: €1.76M
2023: €1.67M
2021 → 2024
Net result
€176k
2023 · €-1k
2021: €2k
2022: €144k
2023: €-1k
2021 → 2024
Working capital
€-14k
2023 · €4k
2021: €-13k
2022: €131k
2023: €4k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€560k-€704k▲ 25.7%€703k▼ 0.2%€879k▲ 25.1%
Operating result€3k-€18k▲ 523%€2▼ 100.0%€-3k
Net result€2k-€144k▲ 7,681%€-1k€176k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €3k after €2 in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.66M
Fixed assets
€1.63M▼ 0.9%
Current assets
€22k▼ 3.7%
Equity and liabilities €1.66M
Equity
€879k▲ 25.1%
Debt
€777k▼ 19.9%
The debt ratio falls from 58.0% to 46.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€12k▲
2023 · €5k
Cash flow
€192k▲
2023 · €4k
Solvency
53.1%▲
2023 · 42.0%
Current ratio
0.61▼
2023 · 1.24
Quick ratio
0.61▼
2023 · 1.24
Debt / equity
0.88▼
2023 · 1.38
ROE
20.1%▲
2023 · -0.2%
ROA
10.7%▲
2023 · -0.1%
Interest coverage
4.84▼
2023 · 6.86
Debt
€777k▼
2023 · €970k
Debt ≤ 1 year
€36k▲
2023 · €18k
Debt > 1 year
€741k▼
2023 · €951k
Income taxes
€18k▲
2023 · €278
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.67M€1.66M▼
Fixed assets21/28€1.65M€1.63M▼
Tangible fixed assets22/27€69k€54k▼
Plant, machinery and equipment23€1k€224▼
Furniture and vehicles24€68k€53k▼
Financial fixed assets28€1.58M€1.58M=
Current assets29/58€23k€22k▼
Amounts receivable within one year40/41€10k€11k▲
Trade receivables40€10k€11k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€12k€10k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€1.67M€1.66M▼
Equity10/15€703k€879k▲
Contributions10/11€558k€558k=
Reserves13€146k€321k▲
Distributable reserves133€146k€321k▲
Profit (loss) carried forward14€-1k€0▲
Amounts payable17/49€970k€777k▼
Amounts payable after more than one year17€951k€741k▼
Financial debts170/4€951k€741k▼
Amounts payable within one year42/48€18k€36k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€5k€23k▲
Taxes450/3€5k€23k▲
Other amounts payable47/48€2k€598▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€15k▲
Other operating charges640/8-€3k
Gross operating margin9900€5k€15k▲
Operating profit (loss)9901€2€-3k▼
Financial income75/76B€0€200k▲
Recurring financial income75€0€200k▲
Financial charges65/66B€798€2k▲
Recurring financial charges65€798€2k▲
Profit (loss) for the period before taxes9903€-796€194k▲
Income taxes67/77€278€18k▲
Profit (loss) for the period9904€-1k€176k▲
Profit (loss) for the period to be appropriated9905€-1k€176k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€175k▲
Profit (loss) brought forward from the previous period14P-€-1k
Transfer to equity691/2€0€175k▲
To other reserves6921€0€175k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €176k
Net result €176k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-1k ▼101%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity times 8current ratio 4.03
Current ratio from 0.48 to 4.03.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tielt · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Deinsesteenweg 1958700 TieltGround area
1,417 m²
Building footprint
289 m²
Volume, LiDAR
1,441 m³
Parcel 37001C0612/00G000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fungizmo
since 20202.312.197.215
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37001C0612/00G000 | Flanders | 1,417 m² | 1 · 289 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 29,153 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:09/2287090