Skip to content

Fyat

Active
Private limited companyfounded 20188 yrs activeWondelgemkaai 15, 9000 Gent, BelgiumKBO/BCE: BE 0704.681.937
Summary

Fyat has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2,733 and a net result of €21,917. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency100▲+100
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 92
Relative position
BE, all sectors
reference
Gambling and betting activities (NACE 92)
about 50% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Age of the figures
Age of the figures
22 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 18-06-2026, 12 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
12 d early
2024
12 d early
2023
19 d early
2022
25 d early
2021
36 d early
2020
26 d early
2019
20 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 21 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today. Usually files around 12 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today30-11-2026 close30-06-2027 deadline
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

Fyat was incorporated on 17 September 2018.1 Total assets fell from EUR 3,690 in 2019 to EUR 3,136 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet

Equity
€2,733
2023 · -€19,185
Total assets
€3,136▼ 54.9%
2023 · €6,950
Net result
€21,917
2023 · -€6,997
Working capital
€2,733
2023 · -€17,512
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 92, Gambling and betting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€2,747▲ 36.8%-€3,801▼ 38.4%-€2,808▲ 26.1%-€5,169▼ 84.1%€22,147
Net result-€2,759within the sector's middle half▲ 36.7%-€3,893within the sector's middle half▼ 41.1%-€7,374below the sector's middle half▼ 89.4%-€6,997within the sector's middle half▲ 5.1%€21,917within the sector's middle half
Equity-€921below the sector's middle half-€4,814below the sector's middle half▼ 423%-€12,188below the sector's middle half▼ 153%-€19,185below the sector's middle half▼ 57.4%€2,733below the sector's middle half
Total assets€402below the sector's middle half▼ 89.1%€428below the sector's middle half▲ 6.5%€42,275below the sector's middle half▲ 9,768%€6,950below the sector's middle half▼ 83.6%€3,136below the sector's middle half▼ 54.9%
Debt€1,323▼ 28.5%€5,242▲ 296%€54,462▲ 939%€26,135▼ 52.0%€404▼ 98.5%
Working capital-€921within the sector's middle half-€4,769within the sector's middle half▼ 418%-€7,725below the sector's middle half▼ 62.0%-€17,512below the sector's middle half▼ 127%€2,733within the sector's middle half
Solvency-28.8%below the sector's middle half-276.0%below the sector's middle half▼ 247.2pp
Current ratio0.85below the sector's middle half0.28below the sector's middle half▼ 0.56
Return on assets (ROA)-17.4%below the sector's middle half-100.7%below the sector's middle half▼ 83.2pp
above within below the middle half (P25 to P75) of NACE 92, Gambling and betting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2020: -€2,747-€2,747Net result 2020: -€2,759-€2,759Operating result 2021: -€3,801-€3,801Net result 2021: -€3,893-€3,893Operating result 2022: -€2,808-€2,808Net result 2022: -€7,374-€7,374Operating result 2023: -€5,169-€5,169Net result 2023: -€6,997-€6,997Operating result 2024: €22,147€22,147Net result 2024: €21,917€21,91720202021202220232024-€10,000€0€10,000€20,000Operating result 2022: -€2,808-€2,810Net result 2022: -€7,374-€7,370Operating result 2023: -€5,169-€5,170Net result 2023: -€6,997-€7,000Operating result 2024: €22,147€22,100Net result 2024: €21,917€21,900202220232024
The operating result returns to profit in 2024: €22,147 after a loss of €5,169 in 2023, the highest result in the available series.
Balance-sheet composition
Equity and liabilities €3,136
Equity €2,733
Debt €404
Debt finances 12.9% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€404▼
2023 · €24,462
Ratios withheld: a balance sheet total of €3,136 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% 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
1.6% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 26,975 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 25 lines
Balance sheet Code20232024
Assets
Total assets20/58€6,950€3,136▼
Current assets29/58€6,950€3,136▼
Cash at bank and in hand54/58€6,950€3,136▼
Equity and liabilities
Total equity and liabilities10/49€6,950€3,136▼
Equity10/15-€19,185€2,733▲
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€25,385-€3,467▲
Amounts payable17/49€26,135€404▼
Amounts payable within one year42/48€24,462€404▼
Trade debts44-€404
Suppliers440/4-€404
Other amounts payable47/48€24,462€0▼
Accrued charges and deferred income492/3€1,672€0▼
Income statement Code20232024
Other operating charges640/8€516€1,042▲
Gross operating margin9900-€4,653€23,189▲
Operating profit (loss)9901-€5,169€22,147▲
Financial income75/76B€9€0▼
Recurring financial income75€9€0▼
Financial charges65/66B€1,837€230▼
Recurring financial charges65€1,837€230▼
Profit (loss) for the period before taxes9903-€6,997€21,917▲
Profit (loss) for the period9904-€6,997€21,917▲
Profit (loss) for the period to be appropriated9905-€6,997€21,917▲
Appropriation of the result
Profit (loss) to be appropriated9906-€25,385-€3,467▲
Profit (loss) brought forward from the previous period14P-€18,388-€25,385▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8-€468€469€516€1,042▲ 102%
Gross operating margin9900-€2,076-€3,333-€2,338-€4,653€23,189▲ 598%
Operating profit (loss)9901-€2,747-€3,801-€2,808-€5,169€22,147▲ 528%
Financial income75/76B---€9€0▼ 100%
Recurring financial income75---€9€0▼ 100%
Financial charges65/66B-€92€4,567€1,837€230▼ 87.5%
Recurring financial charges65€12€92€4,567€1,837€230▼ 87.5%
Profit (loss) for the period before taxes9903-€2,759-€3,893-€7,374-€6,997€21,917▲ 413%
Profit (loss) for the period9904-€2,759-€3,893-€7,374-€6,997€21,917▲ 413%
Profit (loss) for the period to be appropriated9905-€2,759-€3,893-€7,374-€6,997€21,917▲ 413%
Line20202021202220232024Change
Assets
Total assets20/58€402€428€42,275€6,950€3,136▼ 54.9%
Current assets29/58€402€428€42,275€6,950€3,136▼ 54.9%
Cash at bank and in hand54/58€402€428€42,275€6,950€3,136▼ 54.9%
Equity and liabilities
Total equity and liabilities10/49€402€428€42,275€6,950€3,136▼ 54.9%
Equity10/15-€921-€4,814-€12,188-€19,185€2,733▲ 114%
Contributions10/11-€6,200€6,200€6,200€6,200=
Profit (loss) carried forward14-€7,121-€11,014-€18,388-€25,385-€3,467▲ 86.3%
Amounts payable17/49€1,323€5,242€54,462€26,135€404▼ 98.5%
Amounts payable within one year42/48€1,323€5,197€50,000€24,462€404▼ 98.3%
Trade debts44€1,235€109€0-€404-
Suppliers440/4-€109€0-€404-
Other amounts payable47/48-€5,088€50,000€24,462€0▼ 100%
Accrued charges and deferred income492/3-€45€4,462€1,672€0▼ 100%
Line20202021202220232024Change
Profit (loss) for the period9904-€2,759-€3,893-€7,374-€6,997€21,917▲ 413%
Operating cash flow (approximation)-€2,759-€3,893-€7,374-€6,997€21,917▲ 413%
Change in cash-€26€41,846-€35,325-€3,814▲ 89.2%

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-06-2027
2026
18-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
18-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-11
Financial Back to profitnet €21,917
Net result €21,917 after 5 loss-making years.
30-11
Financial Liquidity times 27current ratio 7.77
Current ratio from 0.28 to 7.77; short-term debt falls from €24,462 to €404.
11-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
05-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-11
Financial Weakest financial yearnet -€7,374
Net result drops to -€7,374, the lowest in the series; recovery starts the following year.
25-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
04-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
10-06
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 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
3,685 m²
Building footprint
2,252 m²
Parcel 44813S0395/00P003, Flanders. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
Fyat
Wondelgemkaai 15, 9000 GentComputer programming, consultancy and related activities
since 20182.279.869.885
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44813S0395/00P003 Flanders 3,685 m² 1 · 2,252 m² -
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.

Similar companies · same sector, comparable size

Of 505 companies in this sector we hold annual accounts for 301. 29 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded17-09-2018
Fiscal year end30-11
Activities, NACEBEL 2025
92000Gambling and betting activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0704681937
Also 9925:BE0704681937
Registered 10-12-2025

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

Register as of 1 October 2026 · Peppol Directory

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