FBJ RUN
ActiveFBJ RUN has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82k and a net result of €-2k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 57% of 18281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-38
Solvency67▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.5 against 1.45 in 2024; short-term debt: 52% and cash: 4% of total assets), and 57.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.4%
Return on assets
-1.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
57 d late
2023
64 d late
2022
32 d late
2021
152 d late
2020
210 d late
2019
31 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€82k▼ 2.8%
2024 · €85k
2018: €10k
2019: €7k
2020: €60k
2021: €63k
2022: €52k
2023: €72k
2024: €85k
2018 → 2025
Total assets
€195k▼ 8.2%
2024 · €212k
2018: €160k
2019: €197k
2020: €188k
2021: €206k
2022: €176k
2023: €213k
2024: €212k
2018 → 2025
Net result
€-2k
2024 · €13k
2018: €-15k
2019: €-3k
2020: €53k
2021: €3k
2022: €-11k
2023: €20k
2024: €13k
2018 → 2025
Working capital
€50k▲ 6.1%
2024 · €47k
2018: €-2k
2019: €-3k
2020: €50k
2021: €41k
2022: €26k
2023: €37k
2024: €47k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€52k▼ 17.6%€72k▲ 39.2%€85k▲ 17.4%€82k▼ 2.8%
Operating result€-2k-€-16k▼ 705%€24k€11k▼ 56.6%€-9k
Net result€3k-€-11k€20k€13k▼ 38.2%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9k after €11k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €195k
Fixed assets
€43k▼ 25.8%
Current assets
€152k▼ 1.6%
Equity and liabilities €195k
Equity
€82k▼ 2.8%
Debt
€112k▼ 11.8%
The debt ratio falls from 60.0% to 57.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9k▼
2024 · €26k
Cash flow
€15k▼
2024 · €28k
Solvency
42.4%▲
2024 · 40.0%
Current ratio
1.50▲
2024 · 1.45
Quick ratio
0.15▼
2024 · 0.18
Debt / equity
1.36▼
2024 · 1.50
ROE
-2.9%▼
2024 · 14.8%
ROA
-1.2%▼
2024 · 5.9%
Interest coverage
2.54▼
2024 · 11.55
Debt
€112k▼
2024 · €127k
Debt ≤ 1 year
€101k▼
2024 · €107k
Debt > 1 year
€11k▼
2024 · €21k
Income taxes
€2k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€212k€195k▼
Fixed assets21/28€58k€43k▼
Tangible fixed assets22/27€53k€38k▼
Land and buildings22€7k€6k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€42k€29k▼
Financial fixed assets28€5k€5k=
Current assets29/58€154k€152k▼
Stocks and contracts in progress3€135k€136k▲
Stocks30/36€135k€136k▲
Amounts receivable within one year40/41€2k€6k▲
Trade receivables40€156€156=
Other amounts receivable41€1k€6k▲
Cash at bank and in hand54/58€10k€8k▼
Deferred charges and accrued income490/1€7k€1k▼
Equity and liabilities
Total equity and liabilities10/49€212k€195k▼
Equity10/15€85k€82k▼
Contributions10/11€20k€20k=
Reserves13€582€582=
Tax-exempt reserves132€582€582=
Profit (loss) carried forward14€64k€61k▼
Amounts payable17/49€127k€112k▼
Amounts payable after more than one year17€21k€11k▼
Financial debts170/4€21k€11k▼
Amounts payable within one year42/48€107k€101k▼
Current portion of amounts payable after more than one year42€9k€10k▲
Financial debts43-€15k
Credit institutions430/8-€15k
Trade debts44€50k€39k▼
Suppliers440/4€50k€39k▼
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€7k€3k▼
Other amounts payable47/48€41k€36k▼
Income statement
Code20242025
Remuneration, social security and pensions62€8k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€36k€11k▼
Operating profit (loss)9901€11k€-9k▼
Financial income75/76B€10k€11k▲
Recurring financial income75€10k€11k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€18k€-740▼
Income taxes67/77€5k€2k▼
Profit (loss) for the period9904€13k€-2k▼
Profit (loss) for the period to be appropriated9905€13k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€61k▼
Profit (loss) brought forward from the previous period14P€51k€64k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 210 days late
2020
31-12
Financial
Back to profitnet €53k
Net result €53k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
14-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 45 days late
2017
25-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 86 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Harelbeke · 1 establishment unit since 2009
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.
Brugsesteenweg 838531 HarelbekeGround area
328 m²
Building footprint
427 m²
Volume, LiDAR
1,817 m³
Parcel 34017A0439/00V000, Flanders · tallest building 10.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Running center Hulste
since 20092.175.958.339
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34017A0439/00V000 | Flanders | 328 m² | 1 · 427 m² | 10.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Greber
BE 0845.994.705
Meerhout · Eq €79k
HAPPY EXPERIENCE
BE 0750.589.166
Ukkel · Eq €86k
ANNEM
BE 0893.226.874
Sint-Lambrechts-Woluwe · Eq €87k
GRASLEI
BE 0474.217.459
Gent · Eq €87k
NANTAS
BE 0842.673.741
Harelbeke · Eq €88k
Of 657 companies in sector 47715 we hold annual accounts for 187. 158 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-10-2008
Fiscal year end31-12
Activities, NACEBEL
47715Retail trade
47639Retail sale of other sporting goods
47640Retail trade
47721Retail sale of footwear
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.