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Fusion-V

Active
Private limited companyfounded 20224 yrs activeKoningin Fabiolalaan 1, 9000 Gent, BelgiumKBO/BCE: BE 0781.769.619
Summary

The computed 12-month bankruptcy probability of Fusion-V is 4.0% (moderate). The latest annual accounts of Fusion-V were filed more than 90 days after the deadline. The 2023 annual accounts show equity of €27,554 and a net result of €8,863. The company has been active since 2022 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: Filed more than 90 days late
Axes, FY 2023
Profitability81
Solvency100
Growth-
Track record79
Bankruptcy probability, 12 months
4.0% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2023
Solvency, return and age of the figures
Solvency
79.8%
Return on assets
25.7%
Age of the figures
33 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 14-10-2025, 440 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2023
440 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2023 accounts 440 days after the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 9 February 2022, Fusion-V was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023

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Financials · fiscal year 2023, micro schema

Equity
€27,554
Total assets
€34,547
Net result
€8,863
Working capital
€27,554

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €34,547
Equity €27,554
Debt €6,992
Debt finances 20.2% of the balance-sheet total.
Key figures and ratios
2023 value
EBITDA
€10,971
Cash flow
€8,961
Current ratio
4.94
Quick ratio
2.53
Debt to equity
0.25
ROE
32.2%
ROA
25.7%
Interest coverage
3.71
Debt ≤ 1 year
€6,992
Annual accounts
Filed annual accounts As filed with the NBB · 2023 · 28 lines
Balance sheet Code2023
Assets
Total assets20/58€34,547
Current assets29/58€34,547
Stocks and contracts in progress3€16,857
Stocks30/36€16,857
Amounts receivable within one year40/41€16,889
Other amounts receivable41€16,889
Cash at bank and in hand54/58€801
Equity and liabilities
Total equity and liabilities10/49€34,547
Equity10/15€27,554
Contributions10/11€1,500
Profit (loss) carried forward14€26,054
Amounts payable17/49€6,992
Amounts payable within one year42/48€6,992
Trade debts44€6,992
Suppliers440/4€6,992
Income statement Code2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€97
Other operating charges640/8€430
Gross operating margin9900€11,401
Operating profit (loss)9901€10,874
Financial income75/76B€951
Recurring financial income75€951
Financial charges65/66B€2,961
Recurring financial charges65€2,961
Profit (loss) for the period before taxes9903€8,863
Profit (loss) for the period9904€8,863
Profit (loss) for the period to be appropriated9905€8,863
Appropriation of the result
Profit (loss) to be appropriated9906€26,054
Profit (loss) brought forward from the previous period14P€17,191

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€97
Other operating charges640/8€430
Gross operating margin9900€11,401
Operating profit (loss)9901€10,874
Financial income75/76B€951
Recurring financial income75€951
Financial charges65/66B€2,961
Recurring financial charges65€2,961
Profit (loss) for the period before taxes9903€8,863
Profit (loss) for the period9904€8,863
Profit (loss) for the period to be appropriated9905€8,863
Line2023
Assets
Total assets20/58€34,547
Current assets29/58€34,547
Stocks and contracts in progress3€16,857
Stocks30/36€16,857
Amounts receivable within one year40/41€16,889
Other amounts receivable41€16,889
Cash at bank and in hand54/58€801
Equity and liabilities
Total equity and liabilities10/49€34,547
Equity10/15€27,554
Contributions10/11€1,500
Profit (loss) carried forward14€26,054
Amounts payable17/49€6,992
Amounts payable within one year42/48€6,992
Trade debts44€6,992
Suppliers440/4€6,992
Line2023
Profit (loss) for the period9904€8,863
+ Depreciation and write-downs630€97
Operating cash flow (approximation)€8,961

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
14-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 440 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Gent · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
55 m²
Building footprint
55 m²
Volume, LiDAR
747 m³
Parcel 44809I0284/00K000, Flanders · tallest building 18.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Koningin Fabiolalaan 1, 9000 Gent
Retail trade
since 20222.329.911.294
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44809I0284/00K000 Flanders 55 m² 1 · 55 m² 18.0 m · 5 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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid
Year Entries awardedpaid
2024 1 2,000 EUR2,000 EUR
Schemes
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Identification & contact

Identification
Legal formPrivate limited company
Founded09-02-2022
Fiscal year end31-12
Contact
E-mail haseeb4777@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0781769619
Also 9925:BE0781769619
Registered 19-06-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.