FVC Support
ActiveSummary
FVC Support has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €262,921 and a net result of €91,651. Equity is growing by ~69.1% per year across the filed fiscal years. Its solvency ranks better than 79% of 3321 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+1
Solvency100▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity ample (current ratio 4.38 against 3.54 in 2024; short-term debt: 22.9% and cash: 11.6% of total assets), and 22.9% of the assets are financed with debt.
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Signals
Four 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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
77.1%
Return on assets
26.9%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
31 d early
2024
33 d early
2023
30 d early
2022
46 d early
2021
28 d early
2020
17 d early
2019
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2025, abbreviated schema
Equity
€262,921▲ 53.5%
2024 · €171,270
Total assets
€340,812▲ 42.8%
2024 · €238,638
Net result
€91,651▲ 57.7%
2024 · €58,132
Working capital
€262,899▲ 53.5%
2024 · €171,243
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€296€46,576▲ 15,646%€69,207▲ 48.6%€76,741▲ 10.9%€114,377▲ 49.0%
Net result€146€35,979▲ 24,555%€53,247▲ 48.0%€58,132▲ 9.2%€91,651▲ 57.7%
Equity€11,562▲ 1.3%€59,891▲ 418%€113,138▲ 88.9%€171,270▲ 51.4%€262,921▲ 53.5%
Total assets€42,485▲ 142%€69,827▲ 64.4%€157,161▲ 125%€238,638▲ 51.8%€340,812▲ 42.8%
Debt€30,923▲ 403%€9,936▼ 67.9%€44,023▲ 343%€67,368▲ 53.0%€77,891▲ 15.6%
Working capital€11,432▲ 2.2%€59,866▲ 424%€113,138▲ 89.0%€171,243▲ 51.4%€262,899▲ 53.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 49% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €340,812
Fixed assets
€22 ▼ 18.9%
Current assets
€340,789 ▲ 42.8%
Equity and liabilities €340,812
Equity
€262,921 ▲ 53.5%
Debt
€77,891 ▲ 15.6%
Debt's share of the balance-sheet total falls from 28.2% to 22.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€114,382▲
2024 · €76,741
Cash flow
€91,656▲
2024 · €58,132
Current ratio
4.38▲
2024 · 3.54
Debt to equity
0.30▼
2024 · 0.39
ROE
34.9%▲
2024 · 33.9%
ROA
26.9%▲
2024 · 24.4%
Interest coverage
827.96▲
2024 · 137.03
Debt ≤ 1 year
€77,891▲
2024 · €67,368
Income taxes
€27,745▲
2024 · €18,120
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €105 | €105 | €25 | €0 | €5 | ▲ 26,050% |
| Other operating charges640/8 | €857 | €1,095 | €1,105 | €2,276 | €1,616 | ▼ 29.0% |
| Gross operating margin9900 | €1,257 | €47,775 | €70,337 | €79,017 | €115,998 | ▲ 46.8% |
| Operating profit (loss)9901 | €296 | €46,576 | €69,207 | €76,741 | €114,377 | ▲ 49.0% |
| Financial income75/76B | - | - | €0 | €71 | €5,157 | ▲ 7,134% |
| Recurring financial income75 | - | - | €0 | €71 | €5,157 | ▲ 7,134% |
| Financial charges65/66B | €150 | €261 | €138 | €560 | €138 | ▼ 75.3% |
| Recurring financial charges65 | €150 | €261 | €138 | €560 | €138 | ▼ 75.3% |
| Profit (loss) for the period before taxes9903 | €146 | €46,315 | €69,069 | €76,252 | €119,396 | ▲ 56.6% |
| Income taxes67/77 | - | €10,336 | €15,822 | €18,120 | €27,745 | ▲ 53.1% |
| Profit (loss) for the period9904 | €146 | €35,979 | €53,247 | €58,132 | €91,651 | ▲ 57.7% |
| Profit (loss) for the period to be appropriated9905 | €146 | €35,979 | €53,247 | €58,132 | €91,651 | ▲ 57.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €42,485 | €69,827 | €157,161 | €238,638 | €340,812 | ▲ 42.8% |
| Fixed assets21/28 | €129 | €25 | - | €28 | €22 | ▼ 18.9% |
| Tangible fixed assets22/27 | €129 | €25 | - | €28 | €22 | ▼ 18.9% |
| Furniture and vehicles24 | €129 | €25 | - | €28 | €22 | ▼ 18.9% |
| Current assets29/58 | €42,356 | €69,802 | €157,161 | €238,611 | €340,789 | ▲ 42.8% |
| Amounts receivable after more than one year29 | - | - | - | €5,500 | €254,500 | ▲ 4,527% |
| Other amounts receivable291 | - | - | - | €5,500 | €254,500 | ▲ 4,527% |
| Amounts receivable within one year40/41 | €40,912 | €65,205 | €59,062 | €50,131 | €36,522 | ▼ 27.1% |
| Trade receivables40 | €40,895 | €65,175 | €59,016 | €49,186 | €36,522 | ▼ 25.7% |
| Other amounts receivable41 | €17 | €31 | €46 | €945 | - | - |
| Current investments50/53 | - | - | - | €177,860 | - | - |
| Cash at bank and in hand54/58 | €272 | €2,135 | €94,647 | - | €39,609 | - |
| Deferred charges and accrued income490/1 | €1,172 | €2,462 | €3,452 | €5,120 | €10,158 | ▲ 98.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €42,485 | €69,827 | €157,161 | €238,638 | €340,812 | ▲ 42.8% |
| Equity10/15 | €11,562 | €59,891 | €113,138 | €171,270 | €262,921 | ▲ 53.5% |
| Contributions10/11 | €6,200 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €1,101 | €1,101 | €1,101 | €1,101 | €1,101 | = |
| Distributable reserves133 | €1,101 | €1,101 | €1,101 | €1,101 | €1,101 | = |
| Profit (loss) carried forward14 | €4,260 | €40,239 | €93,487 | €151,619 | €243,270 | ▲ 60.4% |
| Amounts payable17/49 | €30,923 | €9,936 | €44,023 | €67,368 | €77,891 | ▲ 15.6% |
| Amounts payable within one year42/48 | €30,923 | €9,936 | €44,023 | €67,368 | €77,891 | ▲ 15.6% |
| Trade debts44 | €11,680 | - | €26 | €12 | €2,100 | ▲ 17,254% |
| Suppliers440/4 | €11,680 | - | €26 | €12 | €2,100 | ▲ 17,254% |
| Taxes, remuneration and social security45 | €6,507 | €9,936 | €27,912 | €48,760 | €61,457 | ▲ 26.0% |
| Taxes450/3 | €6,507 | €9,936 | €27,912 | €48,760 | €61,457 | ▲ 26.0% |
| Other amounts payable47/48 | €12,736 | - | €16,084 | €18,596 | €14,334 | ▼ 22.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €146 | €35,979 | €53,247 | €58,132 | €91,651 | ▲ 57.7% |
| + Depreciation and write-downs630 | €105 | €105 | €25 | €0 | €5 | ▲ 26,050% |
| Operating cash flow (approximation) | €251 | €36,084 | €53,272 | €58,132 | €91,656 | ▲ 57.7% |
| Investment in fixed assets (approximation) | - | €0 | - | - | €0 | - |
| Change in cash | - | €1,863 | €92,513 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2019net €91,651 ▲57.7%
Operating result €114,377, net result €91,651, both a record.
31-12
Financial
Equity above €200,000Eq €262,921 ▲53.5%
5 profitable years in a row build equity to €262,921.
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €150,000Eq €171,270 ▲51.4%
4 profitable years in a row build equity to €171,270.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €100,000Eq €113,138 ▲88.9%
3 profitable years in a row build equity to €113,138.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 5current ratio 7.03
Current ratio from 1.37 to 7.03; short-term debt falls from €30,923 to €9,936.
03-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €146
Net result €146 after one loss-making year.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€1,813
Net result drops to -€1,813, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Merelbeke-Melle · 1 establishment unit since 2018
Ground area
899 m²
Building footprint
157 m²
Volume, LiDAR
675 m³
Parcel 44058B0237/00G000, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
FVC Support
since 20182.276.029.972
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44058B0237/00G000 | Flanders | 899 m² | 1 · 157 m² | 6.1 m · 1 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
2025 · 1 entry · 30 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 30 EUR | 0 EUR |
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Fiduciaire A. CHARLIER
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GNCM
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Of 12,174 companies in sector 69201 we hold annual accounts for 7,638. 6,177 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0693676197
Also
9925:BE0693676197
Registered
21-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.