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Fyxt

Active
Public limited companyfounded 2011active for 15 yearsCaseelstraat 10, 8790 Waregem, BelgiumKBO/BCE: BE 0838.620.131
Summary

Fyxt has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €258,348 and a net result of €140,530. Equity is shrinking by about 5.2% per year across the filed financial years. Its solvency ranks better than 19% of 2,396 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Plastering work
NACE 43310Insulation installation NACE 43230
1 site
Size
€1.4mtotal assets 2025
Staff
19.3 FTE
Equity
€258,348
Profit
€140,530
Financial health
81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Largest shareholder
CAMINO · 50%
Accounts 51 days early0 of 6 deeds read
Why 81raises riskSector: Specialised construction activities (NACE 43)Equity €258,348 (18.1% of total assets)Size: 19.3 FTE, total assets €1.4mlowers riskFounded in 2011Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 47% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Average
Solvency 43+5
equity 18.1% of total assets
Liquidity 18-2
short-term debt 81.0% · cash 10.0%
Profitability 81+27
return on assets 9.9%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,644 companies, NACE 43, small)
Last 24 months 11-2024: 0.5%lowest value 12-2024: 0.5%● unchanged vs 11-2024lowest value 01-2025: 0.5%● unchanged vs 12-2024lowest value 02-2025: 0.5%● unchanged vs 01-2025lowest value 03-2025: 0.5%● unchanged vs 02-2025lowest value 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.6%▲ +0.1 percentage points vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026highest value 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.5%▼ -0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.19, compared with 1.1 in 2024, below the usual 1.5; short-term debt: 81% and cash: 10% of total assets), and 81.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 19% on solvency, 10% on liquidity, 74% on profitability and 86% on growth.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Equity €258,348 (18.1% of total assets)
NBB · annual accounts
raises risk · Size: 19.3 FTE, total assets €1.4m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2011
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2396 sector peers (2025).
NBB · sector comparison
Position among 2396 sector peers
Solvency
better than 19%
← weakest strongest →
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
51 days early
2024
45 days early
2023
37 days early
2022
47 days early
2021
2 days late
2020
1 day early
2019
9 days 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 27 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
13-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Equity above €200,000equity €258,348 ▲34%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Result rose in 2025from €60,858 to €140,530 ▲ 131% View
  • Caution: Among the weakest 19% on solvencysector median 42.4% · 2,396 companies 18.1% View
  • Positive: 7 profitable years in a rowprofit 2025: €140,530 7 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€1.4m
Profit
€140,530
Solvency
18.1%
Total assets▼ 4.3%
Net result
20192025
Go to Financials

Timeline

Events
18
Since
2013
Next accounts
by 31-07-2027
  1. 24-06-2024Annual accounts filed
  2. 14-06-2023Annual accounts filed
  3. 31-12-2022Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Plastering workNACE 43310
Founded
22-07-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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