Furka DB
ActiveThe computed 12-month bankruptcy probability of Furka DB is 1.7% (moderate). For Furka DB, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €6k and a net result of €-11k. Equity is shrinking by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 27% of 1448 sector peers (fiscal year 2023). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0▼-25
Solvency49▼-51
Growth32=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
24.2%
Return on assets
-45.8%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-09-2024, 60 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
not filed
2023
60 d late
2022
53 d early
2021
20 d late
2018
35 d late
2017
45 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€6k▼ 65.4%
2022 · €17k
2018: €19k
2021: €18k
2022: €17k
2018 → 2023
Total assets
€25k▲ 42.9%
2022 · €17k
2018: €22k
2021: €20k
2022: €17k
2018 → 2023
Net result
€-11k▼ 1,205%
2022 · €-863
2018: €4k
2021: €-1k
2022: €-863
2018 → 2023
Working capital
€6k▼ 66.1%
2021 · €18k
2018: €19k
2021: €18k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018202120222023Trend
Equity€19k-€18k▼ 5.6%€17k▼ 4.8%€6k▼ 65.4%
Operating result€4k-€-663€-822▼ 23.9%€-11k▼ 1,266%
Net result€4k-€-1k€-863▲ 35.6%€-11k▼ 1,205%
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 €11k in 2023 against €822 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
Equity and liabilities €25k
Equity
€6k
Debt
€19k
Debt finances 75.8% of the balance-sheet total.
Key figures and ratios
Solvency
24.2%▼
2022 · 100.0%
Current ratio
1.32
Quick ratio
1.32
Debt / equity
3.13
ROE
-189.1%▼
2022 · -5.0%
ROA
-45.8%▼
2022 · -5.0%
Debt
€19k
Debt ≤ 1 year
€19k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€17k€25k▲
Current assets29/58€17k€25k▲
Amounts receivable within one year40/41€17k€10k▼
Trade receivables40-€506
Other amounts receivable41€17k€10k▼
Cash at bank and in hand54/58€59€14k▲
Equity and liabilities
Total equity and liabilities10/49€17k€25k▲
Equity10/15€17k€6k▼
Contributions10/11€23k€23k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-8k€-20k▼
Amounts payable17/49-€19k
Amounts payable within one year42/48-€19k
Trade debts44-€16k
Suppliers440/4-€16k
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Income statement
Code20222023
Other operating charges640/8€765-
Gross operating margin9900€-57€-11k▼
Operating profit (loss)9901€-822€-11k▼
Financial charges65/66B€42€46▲
Recurring financial charges65€42€46▲
Profit (loss) for the period before taxes9903€-863€-11k▼
Profit (loss) for the period9904€-863€-11k▼
Profit (loss) for the period to be appropriated9905€-863€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-20k▼
Profit (loss) brought forward from the previous period14P€-7k€-8k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
2023
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 20 days late
2019
04-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 35 days late
2018
14-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 45 days late
2017
05-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 36 days late
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 395 days late
2014
16-10
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 77 days late
2013
04-10
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 65 days late
2012
26-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Kortrijk · 2 establishment units since 1996
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.
Ten Houtedreef(Kor) 168500 KortrijkGround area
3,468 m²
Building footprint
1,131 m²
Volume, LiDAR
7,103 m³
2 parcels, Flanders · tallest building 14.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Furka DB
since 19962.077.448.505
Bar Paravang
since 20242.364.291.559
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354C0868/00M011 | Flanders | 1,979 m² | 1 · 931 m² | 8.7 m · 2 fl. |
| 34353B0029/00N002 | Flanders | 1,489 m² | 1 · 201 m² | 14.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortrijk2.364.291.559
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BERT DESMET LAND- EN TUINBOUWMACHINES
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ELECTROMECANIQUE SCHYNS
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Of 3,713 companies in sector 33120 we hold annual accounts for 1,342. 461 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-1995
Fiscal year end31-12
Activities, NACEBEL
33120Repair and maintenance of machinery
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.