FUSOR
ActiveFUSOR has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110k and a net result of €81k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 46% of 16942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+15
Solvency81▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.91 against 1.21 in 2024; short-term debt: 43.8% and cash: 30.5% of total assets), and 44.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.7%
Return on assets
40.7%
Age of the figures
9 mo
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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €110k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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
24 d late
2024
31 d late
2023
61 d late
2022
28 d late
2021
31 d late
2020
31 d late
2019
77 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€81k▲ 402%
2024 · €16k
2018: €-99k
2019: €-72k
2020: €54k
2021: €55k
2022: €58k
2023: €-13k
2024: €16k
2018 → 2025
Working capital
€79k▲ 401%
2024 · €16k
2018: €-38k
2019: €-110k
2020: €-57k
2021: €-7k
2022: €49k
2023: €8k
2024: €16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1k-€60k▲ 4,139%€47k▼ 21.8%€50k▲ 6.5%€110k▲ 122%
Operating result€63k-€82k▲ 29.5%€-10k€21k€103k▲ 385%
Net result€55k-€58k▲ 5.8%€-13k€16k€81k▲ 402%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 385% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €198k
Fixed assets
€32k▼ 10.0%
Current assets
€165k▲ 83.1%
Equity and liabilities €198k
Equity
€110k▲ 122%
Debt
€88k▲ 14.3%
The debt ratio falls from 60.7% to 44.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€111k▲
2024 · €30k
Cash flow
€89k▲
2024 · €24k
Solvency
55.7%▲
2024 · 39.3%
Current ratio
1.91▲
2024 · 1.21
Quick ratio
1.91▲
2024 · 1.21
Debt / equity
0.79▼
2024 · 1.54
ROE
73.1%▲
2024 · 32.3%
ROA
40.7%▲
2024 · 12.7%
Interest coverage
95.49▲
2024 · 19.77
Debt
€88k▲
2024 · €77k
Debt ≤ 1 year
€87k▲
2024 · €75k
Debt > 1 year
€937▼
2024 · €2k
Income taxes
€21k▲
2024 · €4k
Staff costs
€120k▲
2024 · €111k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€126k€198k▲
Fixed assets21/28€36k€32k▼
Intangible fixed assets21€28k€24k▼
Tangible fixed assets22/27€8k€8k▼
Furniture and vehicles24€8k€8k▼
Financial fixed assets28€115€115=
Current assets29/58€90k€165k▲
Amounts receivable within one year40/41€57k€89k▲
Trade receivables40€30k€22k▼
Other amounts receivable41€27k€67k▲
Cash at bank and in hand54/58€33k€60k▲
Deferred charges and accrued income490/1-€16k
Equity and liabilities
Total equity and liabilities10/49€126k€198k▲
Equity10/15€50k€110k▲
Contributions10/11€6k€6k=
Reserves13-€18k
Distributable reserves133-€18k
Profit (loss) carried forward14€43k€86k▲
Amounts payable17/49€77k€88k▲
Amounts payable after more than one year17€2k€937▼
Financial debts170/4€2k€937▼
Amounts payable within one year42/48€75k€87k▲
Current portion of amounts payable after more than one year42€1k€1k▲
Trade debts44€17k€4k▼
Suppliers440/4€17k€4k▼
Taxes, remuneration and social security45€42k€60k▲
Taxes450/3€14k€42k▲
Remuneration and social security454/9€29k€18k▼
Other amounts payable47/48€15k€22k▲
Income statement
Code20242025
Non-recurring operating income76A€2k€1k▼
Remuneration, social security and pensions62€111k€120k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€1k€4k▲
Gross operating margin9900€142k€235k▲
Operating profit (loss)9901€21k€103k▲
Financial income75/76B€4€11▲
Recurring financial income75€4€11▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€20k€102k▲
Income taxes67/77€4k€21k▲
Profit (loss) for the period9904€16k€81k▲
Profit (loss) for the period to be appropriated9905€16k€81k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€124k▲
Profit (loss) brought forward from the previous period14P€40k€43k▲
Transfer to equity691/2-€18k
To other reserves6921-€18k
Profit to be distributed694/7€13k€20k▲
Directors or managers695€13k€20k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Highest result since 2018net €81k ▲402%
Operating result €103k, net result €81k, both a record.
31-12
Financial
Equity above €100kEq €110k ▲122%
2 profitable years in a row build equity to €110k.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 2.12
Current ratio from 0.89 to 2.12; short-term debt falls from €68k to €44k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €54k
Net result €54k after 2 loss-making years.
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 77 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Braine-l'Alleud · 2 establishment units since 2010
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.
Rue du Faisan 71420 Braine-l'AlleudGround area
7,799 m²
Building footprint
360 m²
Volume, LiDAR
3,604 m³
2 parcels, Wallonia · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
FUSOR
since 20102.195.342.305
FUSOR
since 20162.256.442.209
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25087C0580/00E000 | Wallonia | 7,343 m² | 1 · 285 m² | 13.1 m · 3 fl. |
| 25014N0923/00A000 | Wallonia | 455 m² | 1 · 75 m² | 11.7 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.
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Of 16,869 companies in sector 62100 we hold annual accounts for 8,779. 6,962 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-09-2010
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
62020IT consultancy
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:bruno@fusor.be
Phone:0477/90.60.50