FICCIT
ActiveSummary
The computed 12-month bankruptcy probability of FICCIT is 1.6% (moderate). The 2025 annual accounts show equity of €901k and a net result of €210k. Equity is growing by ~56.6% per year across the filed fiscal years. Its solvency ranks better than 67% of 7453 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-14
Solvency85▼-1
Growth78=
Track record94
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 3.18 against 5.7 in 2024; short-term debt: 7.5% and cash: 11.8% of total assets), and 40.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
59.7%
Return on assets
13.9%
Age of the figures
9 mo
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 17-03-2026, 136 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
136 d early
2024
89 d late
2023
12 d late
2022
69 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€901k▲ 30.5%
2024 · €690k
2022: €55k
2023: €320k
2024: €690k
2022 → 2025
Total assets
€1.51M▲ 33.6%
2024 · €1.13M
2022: €641k
2023: €842k
2024: €1.13M
2022 → 2025
Net result
€210k▼ 43.5%
2024 · €372k
2022: €45k
2023: €267k
2024: €372k
2022 → 2025
Working capital
€246k▼ 39.6%
2024 · €408k
2022: €-27k
2023: €167k
2024: €408k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€55k-€320k▲ 482%€690k▲ 116%€901k▲ 30.5%
Operating result€124k-€418k▲ 236%€508k▲ 21.4%€334k▼ 34.3%
Net result€45k-€267k▲ 492%€372k▲ 39.4%€210k▼ 43.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.51M
Fixed assets
€1.15M ▲ 81.1%
Current assets
€359k ▼ 27.4%
Equity and liabilities €1.51M
Equity
€901k ▲ 30.5%
Debt
€607k ▲ 38.6%
Debt's share of the balance-sheet total rises from 38.8% to 40.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€491k▼
2024 · €568k
Cash flow
€367k▼
2024 · €432k
Current ratio
3.18▼
2024 · 5.70
Debt to equity
0.67▲
2024 · 0.63
ROE
23.3%▼
2024 · 53.9%
ROA
13.9%▼
2024 · 33.0%
Interest coverage
18.52▼
2024 · 46.36
Debt ≤ 1 year
€113k▲
2024 · €87k
Debt > 1 year
€479k▲
2024 · €343k
Income taxes
€99k▼
2024 · €127k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.13M€1.51M▲
Fixed assets21/28€634k€1.15M▲
Intangible fixed assets21€911€836▼
Tangible fixed assets22/27€633k€1.15M▲
Land and buildings22€466k€1.01M▲
Plant, machinery and equipment23€10k€13k▲
Furniture and vehicles24€140k€113k▼
Leasing and similar rights25€17k€9k▼
Current assets29/58€494k€359k▼
Stocks and contracts in progress3€1k€0▼
Stocks30/36€1k€0▼
Amounts receivable within one year40/41€32k€75k▲
Trade receivables40€2k€15k▲
Other amounts receivable41€30k€60k▲
Current investments50/53€300k€100k▼
Cash at bank and in hand54/58€155k€178k▲
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€1.13M€1.51M▲
Equity10/15€690k€901k▲
Contributions10/11€10k€10k=
Reserves13€680k€891k▲
Distributable reserves133€680k€891k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€438k€607k▲
Amounts payable after more than one year17€343k€479k▲
Financial debts170/4€158k€294k▲
Other amounts payable178/9€185k€185k=
Amounts payable within one year42/48€87k€113k▲
Current portion of amounts payable after more than one year42€33k€51k▲
Trade debts44€13k€1k▼
Suppliers440/4€13k€1k▼
Advances received on contracts in progress46€4k€3k▼
Taxes, remuneration and social security45€28k€51k▲
Taxes450/3€28k€51k▲
Other amounts payable47/48€8k€7k▼
Accrued charges and deferred income492/3€8k€15k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€157k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€571k€495k▼
Operating profit (loss)9901€508k€334k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€12k€27k▲
Recurring financial charges65€12k€27k▲
Profit (loss) for the period before taxes9903€499k€309k▼
Income taxes67/77€127k€99k▼
Profit (loss) for the period9904€372k€210k▼
Profit (loss) for the period to be appropriated9905€372k€210k▼
Appropriation of the result
Profit (loss) to be appropriated9906€372k€210k▼
Transfer to equity691/2€370k€210k▼
To other reserves6921€370k€210k▼
Profit to be distributed694/7€2k€0▼
Return on contributions (dividend)694€2k€0▼
The notes to these accounts (13 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
17-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 89 days late
2024
31-12
Financial
Highest result since 2022net €372k ▲39.4%
Operating result €508k, net result €372k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 5.70
Current ratio from 2.31 to 5.70; short-term debt falls from €127k to €87k.
31-12
Financial
Equity above €500kEq €690k ▲116%
3 profitable years in a row build equity to €690k.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 2.31
Current ratio from 0.79 to 2.31; short-term debt falls from €130k to €127k.
31-12
Financial
Equity above €200kEq €320k ▲482%
2 profitable years in a row build equity to €320k.
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 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, Merelbeke-Melle · 1 establishment unit since 2021
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.
Hof Resselaar 159820 Merelbeke-MelleGround area
2,026 m²
Building footprint
412 m²
Volume, LiDAR
1,855 m³
Parcel 44412B0527/00A002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FICCIT
since 20212.316.547.466
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44412B0527/00A002 | Flanders | 2,026 m² | 1 · 412 m² | 8.8 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMerelbeke-Melle2.316.547.466
Similar companies · same sector, comparable size
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BE 0809.156.974
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ModuleHome
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BOProjects
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Brecht · Eq €898,352
Robert Gatelier et Fils
BE 0465.766.680
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STABIC
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 6,844 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
68121Development of residential building projects
43320Joinery installation
43350Other building finishing work
43990Other specialised construction activities
47210Retail sale of fruit and vegetables
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.