FIETO
The computed 12-month bankruptcy probability of FIETO is 2.1% (moderate). The 2023 annual accounts show equity of €73k and a net result of €4k. Equity is shrinking by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 72% of 4886 sector peers (fiscal year 2023). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €73k |
| Net result | €4k |
| Staff (FTE) | 4.7 |
| Better than sector | 72% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 41.3% | 16.6% | |
| Net result | €4k | €2k | |
| Equity | €73k | €11k | |
| Gross operating margin | €65k | €41k | |
| Staff costs | €36k | €47k |
Show 12 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €27k |
| Net profit | €4k |
| Cash flow | €25k |
| Staff costs | €36k |
| Income taxes | €133 |
| Dividends | €28k |
| Total assets | €178k |
| Equity | €73k |
| Debt | €104k |
| of which ≤ 1y | €68k |
| of which > 1y | €37k |
| Working capital | €36k |
| Employees (FTE) | 4.7 |
| 2023 | |
|---|---|
| Current ratio | 1.53 |
| Quick ratio | 1.36 |
| Working capital ratio | 20.3% |
| Solvency | 41.3% |
| Debt / equity | 1.42 |
| Long-term debt ratio | 0.50 |
| Interest coverage | 12.82 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.0% |
| ROE | 4.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €178k |
| Fixed assets | 21/28 | €74k |
| Tangible fixed assets | 22/27 | €72k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €104k |
| Stocks & contracts in progress | 3 | €12k |
| Amounts receivable within one year | 40/41 | €22k |
| Cash & bank | 54/58 | €70k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €178k |
| Equity | 10/15 | €73k |
| Contributions / capital | 10/11 | €9k |
| Reserves | 13 | €65k |
| Amounts payable | 17/49 | €104k |
| Amounts payable after one year | 17 | €37k |
| Amounts payable within one year | 42/48 | €68k |
| Trade debts payable within one year | 44 | €12k |
| Income statement | ||
| Gross operating margin | 9900 | €65k |
| Operating result | 9901 | €6k |
| Financial income | 75 | €167 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €4k |
| Income taxes | 67/77 | €133 |
| Net result for the period | 9904 | €4k |
| Result to be appropriated | 9905 | €4k |
| NACE primary | Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112) |
| Legal form | Private limited company(610) |
| Incorporation | 22-01-2010 |
| Status | Active |
| Postal code | 9506 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41065A0351/00G000 | Flanders | 587 m² | 1 · 196 m² | 8.3 m · 2 fl. |
| 41362B0728/00A000 | Flanders | 120 m² | 1 · 120 m² | 14.0 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
29-12-2023 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Bernard DE LAFONTEYNE",
"firm_city": null,
"firm_name": null,
"office_city": "Wichelen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-29",
"filing_date": "2023-12-27",
"act_kind_objet": "ONTSLAGEN, BENOEMINGEN, STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN), WIJZIGING RECHTSVORM"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-12-18",
"unanimous": true
},
"agm_change": null,
"detected_kind": "statutes_change",
"other_address": null,
"mandate_renewal": {
"period_end": null,
"mandate_kind": "bestuurder",
"period_start": null,
"remuneration_eur": null,
"remuneration_kind": "gratuit",
"person_or_entity_kbo": null,
"person_or_entity_name": "VERBEKEN Tom"
},
"subject_company": {
"kbo": "0822.519.418",
"name_full": "FIETO",
"legal_form": "BV"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"afschrift van de aktestatutenwijziging",
"geco\u00F6rdineerde statuten"
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": {
"role": "bestuurder",
"organ": "bestuursorgaan",
"person_name": "VAN KERKHOVEN Sofie"
},
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}| Legal nameNL | FIETO |