Checked.be
Active
BE 0645.820.159Private limited company
FDGLex
Camille Lemonnierstraat 48 ·1050 Elsene, Belgium· 10 yrs active
Sector: Activities of lawyers
(69101)
Conclusion
FDGLex has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €117k and a net result of €485k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 36% of 1002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €117k |
| Net result | €485k |
| Staff (FTE) | 1 |
| Better than sector | 36% |
Financial profile
70
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
76
Profitability
100
Solvency
23
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2016, 10 years in business.
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.
Checked score
76
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€9k
estimate, not credit advice
Score history
68
2022
68
2023
75
2024
76
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.02 (≥ 1.0)
+5
Quick ratio
Quick ratio 1.02 (≥ 1.0)
+5
Leverage
Debt/equity 4.74 (> 3.0)
-10
Profitability
ROE 413% (≥ 10%)
+10
Interest coverage
Interest coverage 11655.6× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 05-01-2026 with the NBB · fiscal year 2025 · full schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 4 fiscal years (±0%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 69, Legal and accounting activities · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 17.4% | 32.5% | |
| Net result | €485k | €128k | |
| Equity | €117k | €248k | |
| Gross operating margin | €682k | €461k | |
| Staff costs | €27k | €400k |
€654k
+81.7%
22-25
€485k
+87.0%
22-25
€492k
+84.6%
22-25
€674k
+52.7%
22-25
€117k
+0.1%
22-25
€9k
+62.3%
22-25
1
-33.3%
22-25
€27k
-60.2%
22-25
€162k
+73.3%
22-25
€485k
+86.5%
22-25
€557k
+71.7%
22-25
€557k
+71.7%
22-25
1.02
-0.1%
22-25
1.02
-0.1%
22-25
17.4%
-34.4%
22-25
4.74
+71.5%
22-25
413.2%
+86.7%
22-25
72.0%
+22.4%
22-25
11655.63
-92.9%
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - |
| EBITDA | €654k | €360k | €681k | €769k |
| Net profit | €485k | €259k | €495k | €565k |
| Cash flow | €492k | €266k | €502k | €574k |
| Staff costs | €27k | €68k | €92k | €95k |
| Income taxes | €162k | €93k | €179k | €194k |
| Dividends | €485k | €260k | €495k | €471k |
| Total assets | €674k | €442k | €678k | €666k |
| Equity | €117k | €117k | €118k | €117k |
| Debt | €557k | €324k | €560k | €548k |
| of which ≤ 1y | €557k | €324k | €560k | €548k |
| of which > 1y | - | - | - | - |
| Working capital | €9k | €5k | €53k | €46k |
| Employees (FTE) | 1.0 | 1.5 | 2.0 | 2.0 |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.02 | 1.02 | 1.09 | 1.08 |
| Quick ratio | 1.02 | 1.02 | 1.09 | 1.08 |
| Working capital ratio | 1.3% | 1.2% | 7.8% | 6.9% |
| Solvency | 17.4% | 26.6% | 17.4% | 17.6% |
| Debt / equity | 4.74 | 2.77 | 4.75 | 4.67 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | 11655.63 | 163493.80 | 366061.80 | 464.48 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 72.0% | 58.8% | 73.1% | 84.8% |
| ROE | 413.2% | 221.3% | 420.7% | 481.1% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €674k | €442k | €678k | €666k |
| Fixed assets | 21/28 | €109k | €112k | €65k | €72k |
| Tangible fixed assets | 22/27 | €52k | €56k | €9k | €16k |
| Financial fixed assets | 28 | €56k | €56k | €56k | €56k |
| Current assets | 29/58 | €566k | €330k | €612k | €594k |
| Amounts receivable within one year | 40/41 | €340k | €186k | €428k | €285k |
| Cash & bank | 54/58 | €225k | €143k | €184k | €305k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €674k | €442k | €678k | €666k |
| Equity | 10/15 | €117k | €117k | €118k | €117k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €97k | €97k | €97k | €97k |
| Amounts payable | 17/49 | €557k | €324k | €560k | €548k |
| Amounts payable within one year | 42/48 | €557k | €324k | €560k | €548k |
| Trade debts payable within one year | 44 | €12k | €24k | €3k | €10k |
| Income statement | |||||
| Gross operating margin | 9900 | €682k | €429k | €775k | €866k |
| Operating result | 9901 | €647k | €353k | €674k | €760k |
| Financial income | 75 | €0 | €6 | €1 | €9 |
| Financial charges | 65 | €56 | €2 | €2 | €2k |
| Result before taxes | 9903 | €647k | €353k | €674k | €758k |
| Income taxes | 67/77 | €162k | €93k | €179k | €194k |
| Net result for the period | 9904 | €485k | €259k | €495k | €565k |
| Result to be appropriated | 9905 | €485k | €259k | €495k | €565k |
Legal Structure
| NACE primary | Activities of lawyers(69101) |
| Legal form | Private limited company(610) |
| Incorporation | 11-01-2016 |
| Status | Active |
| Postal code | 1050 |
Establishment units
Camille Lemonnierstraat 48, 1050 Elsene
since 20162.249.673.092
Real-estate footprint
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0319/00W000 | Brussels | 212 m² | 1 · 129 m² | 14.8 m · 4 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
30-06
Financial
Weakest financial yearnet €259k ▼47.6%
Net result drops to €259k, the lowest in the series; recovery starts the following year.
18-01
State Gazette act
Director changes
Matthieu DERYNCK
08-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 9 days late
2021
04-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 2 years ago
2024
18-01-2024 Change in the board of directors
Notary:
Matthieu DERYNCK · BruxellesFirm:
Van Halteren, Notaires Associés
Technical details
{
"events": [],
"notary": {
"name": "Matthieu DERYNCK",
"firm_city": null,
"firm_name": "Van Halteren, Notaires Associ\u00E9s",
"office_city": "Bruxelles",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-18",
"filing_date": "2024-01-16",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-18",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-18",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-18",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-18",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0645.820.159",
"name_full": "FDGLex",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Matthieu DERYNCK",
"org_rep_person_name": null,
"person_role_at_subject": "notaire"
},
"co_filed_documents": [
"exp\u00E9dition",
"annexe"
],
"corrected_publication_numac": null
}Credit advice
Company registry (CBE)
Activities
Activities of lawyers69101
Names & trade names
| Legal nameFR | FDGLex |
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