FADC
ActiveSummary
FADC has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €460k and a net result of €7k. Equity is growing by ~31.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-26
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 19.75 against 4.63 in 2024; short-term debt: 1.6% and cash: 4.3% of total assets), and 1.7% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
98.3%
Return on assets
1.4%
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
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
29 d early
2023
27 d late
2022
100 d early
2021
82 d early
2020
23 d late
2019
37 d early
← 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
Equity
€460k▲ 1.5%
2024 · €453k
2018: €89klowest in 8 years
2019: €91k▲ +2.4% vs 2018
2020: €94k▲ +4.0% vs 2019
2021: €97k▲ +2.3% vs 2020
2022: €161k▲ +66.4% vs 2021
2023: €338k▲ +110% vs 2022
2024: €453k▲ +34.1% vs 2023
2025: €460k▲ +1.5% vs 2024highest in 8 years
2018 → 2025
Total assets
€467k▼ 9.2%
2024 · €515k
2018: €432k
2019: €448k▲ +3.9% vs 2018
2020: €425k▼ -5.1% vs 2019
2021: €408k▼ -4.0% vs 2020lowest in 8 years
2022: €466k▲ +14.2% vs 2021
2023: €479k▲ +2.7% vs 2022
2024: €515k▲ +7.6% vs 2023highest in 8 years
2025: €467k▼ -9.2% vs 2024
2018 → 2025
Net result
€7k▼ 94.1%
2024 · €115k
2018: €6k
2019: €2k▼ -64.2% vs 2018
2020: €4k▲ +69.9% vs 2019
2021: €2k▼ -41.7% vs 2020lowest in 8 years
2022: €64k▲ +2894% vs 2021
2023: €177k▲ +176% vs 2022highest in 8 years
2024: €115k▼ -35.0% vs 2023
2025: €7k▼ -94.1% vs 2024
2018 → 2025
Working capital
€143k▲ 3.6%
2024 · €138k
2018: €-27k
2019: €-42k▼ -55.8% vs 2018
2020: €-51k▼ -19.4% vs 2019
2021: €-67k▼ -32.9% vs 2020lowest in 8 years
2022: €15k▲ +122% vs 2021
2023: €62k▲ +316% vs 2022
2024: €138k▲ +122% vs 2023
2025: €143k▲ +3.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€97k-€161k▲ 66.4%€338k▲ 110%€453k▲ 34.1%€460k▲ 1.5%
2021: €97klowest in 5 years
2022: €161k▲ +66.4% vs 2021
2023: €338k▲ +110% vs 2022
2024: €453k▲ +34.1% vs 2023
2025: €460k▲ +1.5% vs 2024highest in 5 years
Operating result€17k-€96k▲ 473%€260k▲ 172%€171k▼ 34.2%€11k▼ 93.6%
2021: €17k
2022: €96k▲ +473% vs 2021
2023: €260k▲ +172% vs 2022highest in 5 years
2024: €171k▼ -34.2% vs 2023
2025: €11k▼ -93.6% vs 2024lowest in 5 years
Net result€2k-€64k▲ 2,894%€177k▲ 176%€115k▼ 35.0%€7k▼ 94.1%
2021: €2klowest in 5 years
2022: €64k▲ +2894% vs 2021
2023: €177k▲ +176% vs 2022highest in 5 years
2024: €115k▼ -35.0% vs 2023
2025: €7k▼ -94.1% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 94% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €467k
Fixed assets
€316k ▼ 6.5%
Current assets
€151k ▼ 14.5%
Equity and liabilities €467k
Equity
€460k ▲ 1.5%
Debt
€8k ▼ 87.5%
Debt's share of the balance-sheet total falls from 12.1% to 1.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33k▼
2024 · €197k
Cash flow
€29k▼
2024 · €141k
Current ratio
19.75▲
2024 · 4.63
Debt to equity
0.02▼
2024 · 0.14
ROE
1.5%▼
2024 · 25.4%
ROA
1.4%▼
2024 · 22.4%
Interest coverage
16.56▼
2024 · 111.72
Debt ≤ 1 year
€8k▼
2024 · €38k
Income taxes
€4k▼
2024 · €56k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€515k€467k▼
Fixed assets21/28€338k€316k▼
Tangible fixed assets22/27€338k€316k▼
Land and buildings22€330k€310k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€6k€5k▼
Current assets29/58€177k€151k▼
Amounts receivable within one year40/41€48k€29k▼
Trade receivables40€48k€3k▼
Other amounts receivable41-€26k
Current investments50/53€100k€102k▲
Cash at bank and in hand54/58€27k€20k▼
Deferred charges and accrued income490/1€1k€198▼
Equity and liabilities
Total equity and liabilities10/49€515k€467k▼
Equity10/15€453k€460k▲
Contributions10/11€100k€100k=
Reserves13€350k€356k▲
Distributable reserves133€350k€356k▲
Profit (loss) carried forward14€3k€4k▲
Amounts payable17/49€62k€8k▼
Amounts payable after more than one year17€24k-
Financial debts170/4€24k-
Amounts payable within one year42/48€38k€8k▼
Current portion of amounts payable after more than one year42€3k-
Trade debts44€20k€6k▼
Suppliers440/4€20k€6k▼
Taxes, remuneration and social security45€13k€958▼
Taxes450/3€13k€958▼
Other amounts payable47/48€2k€951▼
Accrued charges and deferred income492/3€201€118▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€22k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€200k€36k▼
Operating profit (loss)9901€171k€11k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€171k€11k▼
Income taxes67/77€56k€4k▼
Profit (loss) for the period9904€115k€7k▼
Profit (loss) for the period to be appropriated9905€115k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€118k€10k▼
Profit (loss) brought forward from the previous period14P€3k€3k▲
Transfer to equity691/2€115k€7k▼
To other reserves6921€115k€7k▼
The notes to these accounts (5 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 | €26k | €25k | €24k | €26k | €22k | ▼ 14.2% |
| Other operating charges640/8 | €2k | €2k | €3k | €3k | €3k | ▲ 1.2% |
| Gross operating margin9900 | €45k | €124k | €287k | €200k | €36k | ▼ 82.1% |
| Operating profit (loss)9901 | €17k | €96k | €260k | €171k | €11k | ▼ 93.6% |
| Financial income75/76B | - | €0 | €55 | €1k | €2k | ▲ 74.2% |
| Recurring financial income75 | - | €0 | €55 | €1k | €2k | ▲ 74.2% |
| Financial charges65/66B | €13k | €7k | €5k | €2k | €2k | ▲ 12.8% |
| Recurring financial charges65 | €13k | €7k | €5k | €2k | €2k | ▲ 12.8% |
| Profit (loss) for the period before taxes9903 | €4k | €89k | €255k | €171k | €11k | ▼ 93.6% |
| Income taxes67/77 | €2k | €24k | €78k | €56k | €4k | ▼ 92.5% |
| Profit (loss) for the period9904 | €2k | €64k | €177k | €115k | €7k | ▼ 94.1% |
| Profit (loss) for the period to be appropriated9905 | €2k | €64k | €177k | €115k | €7k | ▼ 94.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €408k | €466k | €479k | €515k | €467k | ▼ 9.2% |
| Fixed assets21/28 | €403k | €379k | €362k | €338k | €316k | ▼ 6.5% |
| Tangible fixed assets22/27 | €403k | €379k | €362k | €338k | €316k | ▼ 6.5% |
| Land and buildings22 | €399k | €375k | €353k | €330k | €310k | ▼ 6.0% |
| Plant, machinery and equipment23 | €2k | €2k | €1k | €2k | €1k | ▼ 30.1% |
| Furniture and vehicles24 | €2k | €1k | €9k | €6k | €5k | ▼ 25.0% |
| Financial fixed assets28 | €74 | €74 | - | - | - | - |
| Current assets29/58 | €5k | €87k | €116k | €177k | €151k | ▼ 14.5% |
| Amounts receivable within one year40/41 | - | €698 | €56k | €48k | €29k | ▼ 39.0% |
| Trade receivables40 | - | €698 | €56k | €48k | €3k | ▼ 94.3% |
| Other amounts receivable41 | - | - | - | - | €26k | - |
| Current investments50/53 | - | - | - | €100k | €102k | ▲ 1.6% |
| Cash at bank and in hand54/58 | €5k | €81k | €58k | €27k | €20k | ▼ 27.1% |
| Deferred charges and accrued income490/1 | - | €5k | €2k | €1k | €198 | ▼ 85.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €408k | €466k | €479k | €515k | €467k | ▼ 9.2% |
| Equity10/15 | €97k | €161k | €338k | €453k | €460k | ▲ 1.5% |
| Contributions10/11 | €100k | €100k | €100k | €100k | €100k | = |
| Reserves13 | - | €60k | €235k | €350k | €356k | ▲ 1.9% |
| Distributable reserves133 | - | €60k | €235k | €350k | €356k | ▲ 1.9% |
| Profit (loss) carried forward14 | €-3k | €726 | €3k | €3k | €4k | ▲ 7.9% |
| Amounts payable17/49 | €312k | €305k | €141k | €62k | €8k | ▼ 87.5% |
| Amounts payable after more than one year17 | €239k | €233k | €87k | €24k | - | - |
| Financial debts170/4 | €145k | €105k | €27k | €24k | - | - |
| Other amounts payable178/9 | €94k | €128k | €60k | - | - | - |
| Amounts payable within one year42/48 | €72k | €72k | €54k | €38k | €8k | ▼ 80.0% |
| Current portion of amounts payable after more than one year42 | €39k | €40k | €3k | €3k | - | - |
| Financial debts43 | - | €349 | €126 | - | - | - |
| Credit institutions430/8 | - | €349 | €126 | - | - | - |
| Trade debts44 | €5k | €5k | €13k | €20k | €6k | ▼ 71.2% |
| Suppliers440/4 | €5k | €5k | €13k | €20k | €6k | ▼ 71.2% |
| Taxes, remuneration and social security45 | €1k | €24k | €37k | €13k | €958 | ▼ 92.6% |
| Taxes450/3 | €1k | €24k | €37k | €13k | €958 | ▼ 92.6% |
| Other amounts payable47/48 | €28k | €4k | €372 | €2k | €951 | ▼ 51.5% |
| Accrued charges and deferred income492/3 | €36 | €40 | - | €201 | €118 | ▼ 41.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €64k | €177k | €115k | €7k | ▼ 94.1% |
| + Depreciation and write-downs630 | €26k | €25k | €24k | €26k | €22k | ▼ 14.2% |
| Operating cash flow (approximation) | €29k | €90k | €201k | €141k | €29k | ▼ 79.6% |
| Investment in fixed assets (approximation) | - | €-793 | €-8k | €-1k | €0 | ▲ 100% |
| Change in cash | - | €76k | €-23k | €-31k | €-7k | ▲ 75.8% |
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
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 19.75
Current ratio from 4.63 to 19.75; short-term debt falls from €38k to €8k.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 4.63
Current ratio from 2.16 to 4.63; short-term debt falls from €54k to €38k.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Highest result since 2018net €177k ▲176%
Operating result €260k, net result €177k, both a record.
31-12
Financial
Equity above €200kEq €338k ▲110%
6 profitable years in a row build equity to €338k.
22-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 17current ratio 1.21
Current ratio from 0.07 to 1.21.
31-12
Financial
Equity above €150kEq €161k ▲66.4%
5 profitable years in a row build equity to €161k.
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €2k ▼41.7%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
Show earlier events
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
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 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.
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Directors · office · real estate
Directors
5 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, Chaudfontaine · 1 establishment unit since 2022
Ground area
2,767 m²
Building footprint
264 m²
Volume, LiDAR
1,016 m³
Parcel 62104D0337/00G024, Wallonia · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
-
since 20222.330.343.935
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62104D0337/00G024 | Wallonia | 2,767 m² | 1 · 264 m² | 6.5 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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 35,330 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
Founded13-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
Contact
E-mail
am@fidufer.eu
Phone
+32494515160
Scores and ratios are computed by Checked and are not a credit decision.