Summary
FATES is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €9.61M and a net result of €37k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 57% of 5547 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
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. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 27-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
14 d early
2023
7 d early
2022
299 d late
2021
664 d late
2020
11 d early
2019
1 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 30-12-2026 and is due by 30-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-12-2026 close30-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€9.61M▲ 0.4%
2024 · €9.57M
Net result
€37k▼ 85.8%
2024 · €262k
Total assets
€16.26M▼ 0.8%
2024 · €16.39M
Solvency
59.1%▲ 0.7pp
2024 · 58.4%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€16k-€-334k€110k€331k▲ 202%€68k▼ 79.4%
Net result€665k-€-370k€150k€262k▲ 75.4%€37k▼ 85.8%
Equity€9.53M-€9.16M▼ 3.9%€9.31M▲ 1.6%€9.57M▲ 2.8%€9.61M▲ 0.4%
Total assets€17.84M-€16.76M▼ 6.0%€16.31M▼ 2.7%€16.39M▲ 0.5%€16.26M▼ 0.8%
Debt€7.76M-€7.07M▼ 8.9%€6.50M▼ 8.0%€6.25M▼ 3.8%€6.15M▼ 1.6%
Working capital€2.27M-€1.69M▼ 25.5%€1.71M▲ 1.5%€1.97M▲ 15.0%€1.90M▼ 3.3%
Solvency53.4%-54.7%▲ 1.2pp57.1%▲ 2.4pp58.4%▲ 1.3pp59.1%▲ 0.7pp
Staff (FTE)0000
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.26M
Fixed assets
€13.71M ▼ 0.9%
Current assets
€2.55M ▼ 0.2%
Equity and liabilities €16.26M
Equity
€9.61M ▲ 0.4%
Provisions
€495k ▼ 12.4%
Debt
€6.15M ▼ 1.6%
Debt's share of the balance-sheet total falls from 38.1% to 37.9%. Equity is higher and debt is lower.
Key figures and ratios
ROE
0.4%▼
2024 · 2.7%
ROA
0.2%▼
2024 · 1.6%
Debt ≤ 1 year
€643k▲
2024 · €583k
Debt > 1 year
€5.34M▼
2024 · €5.53M
Income taxes
€32k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | €339k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22k | €511k | €140k | €147k | €139k | ▼ 5.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €-51k | - |
| Other operating charges640/8 | €12k | €19k | €20k | €21k | €18k | ▼ 13.0% |
| Gross operating margin9900 | €49k | €195k | €269k | €499k | €175k | ▼ 65.0% |
| Operating profit (loss)9901 | €16k | €-334k | €110k | €331k | €68k | ▼ 79.4% |
| Financial income75/76B | €858k | €144k | €163k | €173k | €178k | ▲ 2.6% |
| Recurring financial income75 | €858k | €144k | €163k | €173k | €178k | ▲ 2.6% |
| Financial charges65/66B | €143k | €199k | €131k | €170k | €196k | ▲ 15.5% |
| Recurring financial charges65 | €143k | €199k | €131k | €170k | €196k | ▲ 15.5% |
| Profit (loss) for the period before taxes9903 | €731k | €-389k | €143k | €335k | €50k | ▼ 85.1% |
| Transfer from deferred taxes780 | €1k | €20k | €30k | €19k | €19k | = |
| Transfer to deferred taxes680 | €0 | - | - | €85k | €0 | ▼ 100% |
| Income taxes67/77 | €67k | €451 | €23k | €7k | €32k | ▲ 359% |
| Profit (loss) for the period9904 | €665k | €-370k | €150k | €262k | €37k | ▼ 85.8% |
| Transfer from tax-exempt reserves789 | €844 | €57k | €78k | €56k | €56k | = |
| Transfer to tax-exempt reserves689 | €0 | - | - | €254k | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €666k | €-313k | €228k | €64k | €93k | ▲ 45.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17.84M | €16.76M | €16.31M | €16.39M | €16.26M | ▼ 0.8% |
| Fixed assets21/28 | €14.16M | €14.05M | €13.94M | €13.84M | €13.71M | ▼ 0.9% |
| Tangible fixed assets22/27 | €3.89M | €3.76M | €3.65M | €3.55M | €3.42M | ▼ 3.8% |
| Land and buildings22 | €3.53M | €3.44M | €3.37M | €3.28M | €3.18M | ▼ 3.0% |
| Plant, machinery and equipment23 | €323k | €297k | €264k | €269k | €235k | ▼ 12.7% |
| Furniture and vehicles24 | €33k | €23k | €13k | €3k | €1k | ▼ 53.4% |
| Financial fixed assets28 | €10.27M | €10.29M | €10.29M | €10.28M | €10.29M | ▲ 0.1% |
| Current assets29/58 | €3.68M | €2.71M | €2.37M | €2.55M | €2.55M | ▼ 0.2% |
| Amounts receivable after more than one year29 | €190k | €190k | €190k | €420k | €420k | = |
| Other amounts receivable291 | €190k | €190k | €190k | €420k | €420k | = |
| Amounts receivable within one year40/41 | €1.47M | €1.38M | €1.26M | €1.10M | €842k | ▼ 23.3% |
| Trade receivables40 | €0 | €9k | €686 | €2k | €1k | ▼ 40.3% |
| Other amounts receivable41 | €1.47M | €1.38M | €1.26M | €1.10M | €841k | ▼ 23.3% |
| Current investments50/53 | €406k | €371k | €406k | €406k | €406k | = |
| Cash at bank and in hand54/58 | €1.60M | €747k | €502k | €609k | €858k | ▲ 40.9% |
| Deferred charges and accrued income490/1 | €12k | €15k | €13k | €19k | €20k | ▲ 10.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17.84M | €16.76M | €16.31M | €16.39M | €16.26M | ▼ 0.8% |
| Equity10/15 | €9.53M | €9.16M | €9.31M | €9.57M | €9.61M | ▲ 0.4% |
| Contributions10/11 | €4.61M | €4.61M | €4.61M | €4.61M | €4.61M | = |
| Reserves13 | €2.67M | €2.68M | €2.83M | €3.10M | €3.13M | ▲ 1.2% |
| Non-distributable reserves130/1 | €461k | €461k | €461k | €461k | €461k | = |
| Reserves not available under the articles1311 | €461k | €461k | €461k | €461k | €461k | = |
| Tax-exempt reserves132 | €1.43M | €1.37M | €1.29M | €1.49M | €1.43M | ▼ 3.8% |
| Distributable reserves133 | €778k | €852k | €1.08M | €1.14M | €1.24M | ▲ 8.2% |
| Profit (loss) carried forward14 | €2.25M | €1.86M | €1.86M | €1.86M | €1.86M | = |
| Provisions and deferred taxes16 | €549k | €529k | €499k | €565k | €495k | ▼ 12.4% |
| Provisions for liabilities and charges160/5 | €69k | €69k | €69k | €69k | €18k | ▼ 74.5% |
| Pensions and similar obligations160 | €51k | €51k | €51k | €51k | €0 | ▼ 100% |
| Major repairs and maintenance162 | €18k | €18k | €18k | €18k | €18k | = |
| Deferred taxes168 | €480k | €461k | €430k | €496k | €478k | ▼ 3.8% |
| Amounts payable17/49 | €7.76M | €7.07M | €6.50M | €6.25M | €6.15M | ▼ 1.6% |
| Amounts payable after more than one year17 | €6.20M | €5.89M | €5.71M | €5.53M | €5.34M | ▼ 3.3% |
| Financial debts170/4 | €2.90M | €2.59M | €2.41M | €2.23M | €2.04M | ▼ 8.3% |
| Other amounts payable178/9 | €3.30M | €3.30M | €3.30M | €3.30M | €3.30M | = |
| Amounts payable within one year42/48 | €1.41M | €1.02M | €658k | €583k | €643k | ▲ 10.4% |
| Current portion of amounts payable after more than one year42 | - | €178k | €180k | €182k | €184k | ▲ 1.1% |
| Trade debts44 | €957 | €8k | €26k | €0 | €2k | - |
| Suppliers440/4 | €957 | €8k | €26k | €0 | €2k | - |
| Taxes, remuneration and social security45 | €68k | €294 | €30k | €7k | €29k | ▲ 345% |
| Taxes450/3 | €68k | €294 | €29k | €6k | €28k | ▲ 407% |
| Remuneration and social security454/9 | - | - | €1k | €1k | €1k | = |
| Other amounts payable47/48 | €1.34M | €834k | €423k | €394k | €427k | ▲ 8.5% |
| Accrued charges and deferred income492/3 | €147k | €158k | €134k | €142k | €167k | ▲ 17.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €665k | €-370k | €150k | €262k | €37k | ▼ 85.8% |
| + Depreciation and write-downs630 | €22k | €511k | €140k | €147k | €139k | ▼ 5.0% |
| Operating cash flow (approximation) | €687k | €141k | €289k | €409k | €176k | ▼ 56.8% |
| Investment in fixed assets (approximation) | - | €-401k | €-30k | €-44k | €-13k | ▲ 70.8% |
| Change in cash | - | €-851k | €-245k | €107k | €249k | ▲ 132% |
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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 299 days late
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 664 days late
2023
30-12
Financial
Back to profitnet €150k
Net result €150k after one loss-making year.
2022
30-12
Financial
Weakest financial yearnet €-370k
Net result drops to €-370k, the lowest in the series; recovery starts the following year.
2021
30-12
Financial
Highest result since 2018net €665k ▲50.8%
Net result €665k, the highest in the series.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 1 day late
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Destelbergen · 1 establishment unit since 2007
Ground area
1,365 m²
Building footprint
249 m²
Volume, LiDAR
1,322 m³
Parcel 44013A0399/00R000, Flanders · tallest building 13.2 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
FATES
since 20072.169.109.347
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44013A0399/00R000 | Flanders | 1,365 m² | 1 · 249 m² | 13.2 m · 2 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 24,730 companies in sector 64210 we hold annual accounts for 19,766. 6,152 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
Founded28-11-2007
Fiscal year end30-12
Activities, NACEBEL 2025
64210Activities of holding companies
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.