FYD CONCEPT
ActiveSummary
FYD CONCEPT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €117k and a net result of €455k. Equity is growing by ~19.6% per year across the filed fiscal years. Its solvency ranks better than 22% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency45▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 0.99 in 2024; short-term debt: 79.9% and cash: 31.5% of total assets), and 79.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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
20.1%
Return on assets
78.7%
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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
29 d late
2024
29 d late
2023
29 d late
2022
28 d late
2021
52 d early
2020
18 d late
2019
42 d late
← before the deadline
after the deadline →
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
25-09-2026 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
€455k▲ 11.4%
2024 · €409k
2018: €212k
2019: €264k▲ +24.2% vs 2018
2020: €262k▼ -0.6% vs 2019
2021: €193k▼ -26.3% vs 2020lowest in 8 years
2022: €316k▲ +63.8% vs 2021
2023: €372k▲ +17.4% vs 2022
2024: €409k▲ +10.0% vs 2023
2025: €455k▲ +11.4% vs 2024highest in 8 years
2018 → 2025
Working capital
€37k
2024 · €-5k
2018: €6k
2019: €21k▲ +264% vs 2018
2020: €39k▲ +83.7% vs 2019
2021: €54k▲ +40.7% vs 2020
2022: €67k▲ +23.2% vs 2021highest in 8 years
2023: €11k▼ -83.1% vs 2022
2024: €-5k▼ -143% vs 2023lowest in 8 years
2025: €37k▲ +854% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€67k▲ 10.7%€79k▲ 17.3%€94k▲ 19.5%€117k▲ 23.8%
2021: €61klowest in 5 years
2022: €67k▲ +10.7% vs 2021
2023: €79k▲ +17.3% vs 2022
2024: €94k▲ +19.5% vs 2023
2025: €117k▲ +23.8% vs 2024highest in 5 years
Operating result€205k-€318k▲ 54.7%€378k▲ 18.9%€413k▲ 9.4%€461k▲ 11.4%
2021: €205klowest in 5 years
2022: €318k▲ +54.7% vs 2021
2023: €378k▲ +18.9% vs 2022
2024: €413k▲ +9.4% vs 2023
2025: €461k▲ +11.4% vs 2024highest in 5 years
Net result€193k-€316k▲ 63.8%€372k▲ 17.4%€409k▲ 10.0%€455k▲ 11.4%
2021: €193klowest in 5 years
2022: €316k▲ +63.8% vs 2021
2023: €372k▲ +17.4% vs 2022
2024: €409k▲ +10.0% vs 2023
2025: €455k▲ +11.4% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 11% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €578k
Fixed assets
€80k ▼ 19.4%
Current assets
€499k ▲ 21.7%
Equity and liabilities €578k
Equity
€117k ▲ 23.8%
Debt
€462k ▲ 11.4%
Debt's share of the balance-sheet total falls from 81.5% to 79.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€488k▲
2024 · €435k
Cash flow
€483k▲
2024 · €431k
Current ratio
1.08▲
2024 · 0.99
Debt to equity
3.96▼
2024 · 4.41
ROE
390.9%▼
2024 · 434.5%
ROA
78.7%▼
2024 · 80.3%
Interest coverage
2646.02▼
2024 · 8760.81
Debt ≤ 1 year
€462k▲
2024 · €415k
Income taxes
€6k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€509k€578k▲
Fixed assets21/28€99k€80k▼
Tangible fixed assets22/27€99k€80k▼
Plant, machinery and equipment23€16k€19k▲
Furniture and vehicles24€83k€60k▼
Financial fixed assets28€179€179=
Current assets29/58€410k€499k▲
Amounts receivable within one year40/41€133k€315k▲
Trade receivables40€121k€273k▲
Other amounts receivable41€12k€42k▲
Cash at bank and in hand54/58€275k€182k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€509k€578k▲
Equity10/15€94k€117k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€74k€96k▲
Amounts payable17/49€415k€462k▲
Amounts payable within one year42/48€415k€462k▲
Trade debts44€21k€27k▲
Suppliers440/4€21k€27k▲
Taxes, remuneration and social security45€194€2k▲
Taxes450/3€194€2k▲
Other amounts payable47/48€394k€433k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€27k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€437k€490k▲
Operating profit (loss)9901€413k€461k▲
Financial income75/76B€2k€960▼
Recurring financial income75€2k€960▼
Financial charges65/66B€50€184▲
Recurring financial charges65€50€184▲
Profit (loss) for the period before taxes9903€415k€461k▲
Income taxes67/77€6k€6k▼
Profit (loss) for the period9904€409k€455k▲
Profit (loss) for the period to be appropriated9905€409k€455k▲
Appropriation of the result
Profit (loss) to be appropriated9906€467k€529k▲
Profit (loss) brought forward from the previous period14P€58k€74k▲
Profit to be distributed694/7€394k€433k▲
Directors or managers695€394k€433k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €18k | €10k | €22k | €27k | ▲ 24.7% |
| Other operating charges640/8 | €2k | €3k | €2k | €2k | €2k | ▲ 1.5% |
| Gross operating margin9900 | €227k | €338k | €390k | €437k | €490k | ▲ 12.1% |
| Operating profit (loss)9901 | €205k | €318k | €378k | €413k | €461k | ▲ 11.4% |
| Financial income75/76B | €0 | €149 | €195 | €2k | €960 | ▼ 39.2% |
| Recurring financial income75 | €0 | €149 | €195 | €2k | €960 | ▼ 39.2% |
| Financial charges65/66B | €688 | €441 | €203 | €50 | €184 | ▲ 271% |
| Recurring financial charges65 | €688 | €441 | €203 | €50 | €184 | ▲ 271% |
| Profit (loss) for the period before taxes9903 | €205k | €318k | €378k | €415k | €461k | ▲ 11.2% |
| Income taxes67/77 | €12k | €1k | €6k | €6k | €6k | ▼ 0.2% |
| Profit (loss) for the period9904 | €193k | €316k | €372k | €409k | €455k | ▲ 11.4% |
| Profit (loss) for the period to be appropriated9905 | €193k | €316k | €372k | €409k | €455k | ▲ 11.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €324k | €439k | €476k | €509k | €578k | ▲ 13.7% |
| Fixed assets21/28 | €18k | €179 | €67k | €99k | €80k | ▼ 19.4% |
| Tangible fixed assets22/27 | €18k | - | €67k | €99k | €80k | ▼ 19.5% |
| Plant, machinery and equipment23 | €565 | - | €1k | €16k | €19k | ▲ 21.4% |
| Furniture and vehicles24 | €17k | - | €66k | €83k | €60k | ▼ 27.3% |
| Financial fixed assets28 | €179 | €179 | €179 | €179 | €179 | = |
| Current assets29/58 | €306k | €439k | €409k | €410k | €499k | ▲ 21.7% |
| Amounts receivable within one year40/41 | €199k | €116k | €121k | €133k | €315k | ▲ 136% |
| Trade receivables40 | €175k | €91k | €106k | €121k | €273k | ▲ 125% |
| Other amounts receivable41 | €24k | €25k | €15k | €12k | €42k | ▲ 251% |
| Cash at bank and in hand54/58 | €106k | €321k | €287k | €275k | €182k | ▼ 33.8% |
| Deferred charges and accrued income490/1 | €1k | €1k | €1k | €2k | €2k | ▲ 15.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €324k | €439k | €476k | €509k | €578k | ▲ 13.7% |
| Equity10/15 | €61k | €67k | €79k | €94k | €117k | ▲ 23.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | €19k | €19k | - | - | - | - |
| Issued capital100 | €19k | €19k | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €40k | €47k | €58k | €74k | €96k | ▲ 30.4% |
| Amounts payable17/49 | €263k | €372k | €397k | €415k | €462k | ▲ 11.4% |
| Amounts payable after more than one year17 | €11k | - | - | - | - | - |
| Financial debts170/4 | €11k | - | - | - | - | - |
| Amounts payable within one year42/48 | €252k | €372k | €397k | €415k | €462k | ▲ 11.4% |
| Current portion of amounts payable after more than one year42 | €17k | €11k | - | - | - | - |
| Trade debts44 | €53k | €49k | €37k | €21k | €27k | ▲ 27.5% |
| Suppliers440/4 | €53k | €49k | €37k | €21k | €27k | ▲ 27.5% |
| Taxes, remuneration and social security45 | €900 | €900 | - | €194 | €2k | ▲ 966% |
| Taxes450/3 | - | - | - | €194 | €2k | ▲ 966% |
| Remuneration and social security454/9 | €900 | €900 | - | - | - | - |
| Other amounts payable47/48 | €180k | €310k | €360k | €394k | €433k | ▲ 10.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €193k | €316k | €372k | €409k | €455k | ▲ 11.4% |
| + Depreciation and write-downs630 | €20k | €18k | €10k | €22k | €27k | ▲ 24.7% |
| Operating cash flow (approximation) | €213k | €334k | €382k | €431k | €483k | ▲ 12.1% |
| Investment in fixed assets (approximation) | - | €0 | €-77k | €-53k | €-8k | ▲ 85.0% |
| Change in cash | - | €215k | €-34k | €-12k | €-93k | ▼ 692% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Highest result since 2018net €455k ▲11.4%
Operating result €461k, net result €455k, both a record.
31-12
Financial
Equity above €100kEq €117k ▲23.8%
8 profitable years in a row build equity to €117k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €193k ▼26.3%
Net result drops to €193k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 7 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Wemmel · 1 establishment unit since 2012
Ground area
203 m²
Building footprint
87 m²
Volume, LiDAR
838 m³
Parcel 22662B0375/00B006, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
FYD Concept
since 20122.210.488.953
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0375/00B006 | Flanders | 203 m² | 1 · 87 m² | 13.6 m · 3 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.
Recognitions · licences · registrations
Recognised contractor
2 categoriesFYD CONCEPT BV44287
Legal Entity Identifier
254900J5QCYFWP1PAK73
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Of 8,454 companies in sector 43120 we hold annual accounts for 3,231. 2,652 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
Founded16-05-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
Contact
E-mail
marechal_flo@hotmail.com
Phone
0476950502
Scores and ratios are computed by Checked and are not a credit decision.