FADEM · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

FADEM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €79k and a net result of €29k. Its solvency ranks better than 36% of 1407 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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.

How we compute the deadline

There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2024	31-07-2025	28-08-2025	28 d late	2025-00418062

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Young company

Founded in 2023, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Financials

Equity€79k

Net result€29k

Total assets€324k

Solvency24.4%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 28-08-2025 with the NBB · fiscal year 2024 · verkort

Sector comparison

Fiscal year 2024 · NACE 64, Financial services · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	24.4%	37.4%	better than 36% of 1407 sector peers
Net result	€29k	€46k	better than 43% of 1406 sector peers
Equity	€79k	€362k	better than 24% of 1407 sector peers
Gross operating margin	€60k	€65k	better than 48% of 1405 sector peers
Employees (FTE)	0.0	0.0	better than 35% of 426 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	verkort
Revenue	n/a
EBITDA	n/a
Net profit	€29k
Cash flow	n/a
Staff costs	-
Income taxes	€11k
Dividends	-
Total assets	€324k
Equity	€79k
Debt	€245k
of which ≤ 1y	€245k
of which > 1y	-
Working capital	n/a
Employees (FTE)	0.0

Ratios (computed)

	2024
Current ratio	n/a
Quick ratio	n/a
Working capital ratio	n/a
Solvency	24.4%
Debt / equity	n/a
Long-term debt ratio	n/a
Interest coverage	n/a
Gross margin	n/a
Net margin	n/a
ROA	9.0%
ROE	36.8%
EBITDA margin	n/a
Days sales outstanding	n/a
Days payable outstanding	n/a
Inventory turnover	n/a
Days inventory (DSI)	n/a

Balance-sheet composition 2024

Assets

Fixed assets €300k · 93.2% Current assets €22k · 6.8%

Equity & liabilities

Equity €79k · 24.4% Debt €245k · 75.6%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€324k
Fixed assets	21/28	€300k
Formation expenses	20	€2k
Financial fixed assets	28	€300k
Current assets	29/58	€22k
Amounts receivable within one year	40/41	€15k
Cash & bank	54/58	€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€324k
Equity	10/15	€79k
Contributions / capital	10/11	€50k
Reserves	13	€29k
Amounts payable	17/49	€245k
Amounts payable within one year	42/48	€245k
Trade debts payable within one year	44	€1k
Income statement
Gross operating margin	9900	€60k
Operating result	9901	€59k
Financial charges	65	€19k
Result before taxes	9903	€40k
Income taxes	67/77	€11k
Net result for the period	9904	€29k
Result to be appropriated	9905	€29k

Ratios computed by Checked.

Health barometer

FY 2024 · computed

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Boomsesteenweg 1762610 Antwerpen

Establishment units

1 location

FADEM

Boomsesteenweg 176, 2610 AntwerpenHoldings

since 20232.350.100.756

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area1.1 ha

Buildings1

Building footprint6,928 m²

Volume (LiDAR)48,676 m³

Tallest building13.4 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11462A0098/00F003	Flanders	1.1 ha	1 · 6,928 m²	13.4 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts

Address history · 1

21-05-2024

Registered-office move

All acts · 1 updated 2 years ago

2024

21-05-2024 Registered office moved from EDEGEM to Antwerpen Registered-office change

KONTICHSTRAAT 49 -2650 EDEGEM → Boomsesteenweg 176 -2610 Antwerpen

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

64 / 100

This figure rests on 3 of 5 axes. Too few to say where this company is strong or weak.

Computed on 3 of 5 axes. Not measured: health, growth. An unmeasured axis is not a zero: no data was read for it.

Health -

Profitability 100

Solvency 25

Growth -

Stability 67

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