Financials
- Financial year
- 2024
- Total assets
- €49,520
- Loss
- -€1,028
- Solvency
- 64.9%
Total assets▲ 22.2%
Net result
20202024
F.G. SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of F.G. SERVICES is 6.3% (elevated). The 2024 annual accounts show equity of €32,131 and a net result of -€1,028. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 70% of 35,976 sector peers (NACE 43, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Plumbing work
NACE 43221
1 site
Size
€49,520total assets 2024
- Equity
- €32,131
- Loss
- -€1,028
Turnover not published (micro format)
Structure
Accounts 85 days overdue0 of 2 deeds read
Why 36raises risk1 financial year not filed after the legal deadline; latest accounts 63 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 04-10-2025)Liquidity: current ratio 2.78Founded in 2020Show the evidence
Checked score
Score 2024
36
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 46% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Strong
Solvency
90-10
equity 64.9% of total assets
Liquidity
69+15
short-term debt 35.1%
Profitability
32-68
return on assets -2.1%
Bankruptcy probability, 12 months
6.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.8%
12-2024: 1.8%● unchanged vs 11-2024
01-2025: 1.8%● unchanged vs 12-2024lowest value
02-2025: 1.8%● unchanged vs 01-2025
03-2025: 1.9%▲ +0.1 percentage points vs 02-2025
04-2025: 1.9%● unchanged vs 03-2025
05-2025: 2.0%▲ +0.1 percentage points vs 04-2025
06-2025: 2.1%▲ +0.1 percentage points vs 05-2025
07-2025: 2.0%▼ -0.1 percentage points vs 06-2025
08-2025: 2.5%▲ +0.5 percentage points vs 07-2025
09-2025: 2.6%▲ +0.1 percentage points vs 08-2025
10-2025: 3.5%▲ +0.9 percentage points vs 09-2025
11-2025: 4.6%▲ +1.1 percentage points vs 10-2025
12-2025: 4.6%● unchanged vs 11-2025
01-2026: 4.6%● unchanged vs 12-2025
02-2026: 4.6%● unchanged vs 01-2026
03-2026: 4.6%● unchanged vs 02-2026
04-2026: 4.6%● unchanged vs 03-2026
05-2026: 4.5%▼ -0.1 percentage points vs 04-2026
06-2026: 4.0%▼ -0.5 percentage points vs 05-2026
07-2026: 3.9%▼ -0.1 percentage points vs 06-2026
08-2026: 4.6%▲ +0.7 percentage points vs 07-2026
09-2026: 4.7%▲ +0.1 percentage points vs 08-2026
10-2026: 6.3%▲ +1.6 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 2.78, compared with 5.93 in 2023, above the usual 1.5; short-term debt: 35.1% of total assets), and 35.1% 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, micro): better than 71% on solvency, 67% on liquidity, 17% on profitability and 28% on growth.
The bankruptcy probability was computed on 23-10-2026 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.
raises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 85 days later.
NBB · 5 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline24-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
63 days late
2023
28 days late
2022
31 days late
2021
79 days late
2020
2 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 41 days after 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 (1)
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet -€1,028
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Timeline
- Events
- 8
- Since
- 2021
- 31-12-2023Back to profit
- 31-08-2023Annual accounts filed
- 18-10-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Plumbing workNACE 43221
- Founded
- 17-03-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about F.G. SERVICES
- What is the company number of F.G. SERVICES?
- 0745.475.286. In Belgium the VAT number is the company number with BE in front: BE 0745.475.286.
- Where is F.G. SERVICES based?
- The registered office is at Chemin du Stoquois 12, 1430 Rebecq.Company details
- What does F.G. SERVICES do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of F.G. SERVICES?
- Private limited company (BV).
- When was F.G. SERVICES founded?
- On 17-03-2020.
- Is F.G. SERVICES still active?
- Yes, F.G. SERVICES is an active enterprise in the KBO register.
- What is the turnover of F.G. SERVICES?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is F.G. SERVICES profitable?
- In financial year 2024, F.G. SERVICES made a loss of €1,028.
- Where can I find the annual accounts of F.G. SERVICES?
- F.G. SERVICES filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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