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Figes

Active
Private limited companyfounded 197353 yrs activeAvenue de France 23, 1400 Nivelles, BelgiumKBO/BCE: BE 0412.966.018
Summary

Figes has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €333k and a net result of €-9k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 95% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability30▲+1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
short-term debt: 0.7% and cash: 98.7% of total assets, and 0.7% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 53 years 0 60 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.3%
Return on assets
-2.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year €-9k
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 08-05-2026, 84 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
84 d early
2024
73 d early
2023
30 d early
2022
25 d early
2021
34 d early
2020
2 d early
2019
38 d early
← 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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€333k▼ 2.7%
2024 · €342k
2018: €368khighest in 8 years 2019: €345k▼ -6.4% vs 2018 2020: €331k▼ -3.9% vs 2019 2021: €306k▼ -7.7% vs 2020 2022: €291k▼ -4.8% vs 2021lowest in 8 years 2023: €353k▲ +21.3% vs 2022 2024: €342k▼ -3.2% vs 2023 2025: €333k▼ -2.7% vs 2024
2018 → 2025
Total assets
€335k▼ 2.7%
2024 · €344k
2018: €388khighest in 8 years 2019: €348k▼ -10.3% vs 2018 2020: €333k▼ -4.4% vs 2019 2021: €308k▼ -7.4% vs 2020 2022: €294k▼ -4.6% vs 2021lowest in 8 years 2023: €355k▲ +20.6% vs 2022 2024: €344k▼ -2.9% vs 2023 2025: €335k▼ -2.7% vs 2024
2018 → 2025
Net result
€-9k▲ 15.8%
2024 · €-11k
2018: €41k 2019: €-24k▼ -158% vs 2018 2020: €-13k▲ +43.7% vs 2019 2021: €-26k▼ -92.3% vs 2020lowest in 8 years 2022: €-15k▲ +42.0% vs 2021 2023: €62k▲ +519% vs 2022highest in 8 years 2024: €-11k▼ -118% vs 2023 2025: €-9k▲ +15.8% vs 2024
2018 → 2025
Working capital
€333k▼ 2.7%
2024 · €342k
2018: €358khighest in 8 years 2019: €337k▼ -5.8% vs 2018 2020: €328k▼ -2.9% vs 2019 2021: €306k▼ -6.6% vs 2020 2022: €291k▼ -4.8% vs 2021lowest in 8 years 2023: €353k▲ +21.3% vs 2022 2024: €342k▼ -3.2% vs 2023 2025: €333k▼ -2.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€306k-€291k▼ 4.8%€353k▲ 21.3%€342k▼ 3.2%€333k▼ 2.7% 2021: €306k 2022: €291k▼ -4.8% vs 2021lowest in 5 years 2023: €353k▲ +21.3% vs 2022highest in 5 years 2024: €342k▼ -3.2% vs 2023 2025: €333k▼ -2.7% vs 2024
Operating result€-27k-€-16k▲ 40.3%€60k€-19k€-16k▲ 12.7% 2021: €-27klowest in 5 years 2022: €-16k▲ +40.3% vs 2021 2023: €60k▲ +467% vs 2022highest in 5 years 2024: €-19k▼ -131% vs 2023 2025: €-16k▲ +12.7% vs 2024
Net result€-26k-€-15k▲ 42.0%€62k€-11k€-9k▲ 15.8% 2021: €-26klowest in 5 years 2022: €-15k▲ +42.0% vs 2021 2023: €62k▲ +519% vs 2022highest in 5 years 2024: €-11k▼ -118% vs 2023 2025: €-9k▲ +15.8% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€-25k€0€25k€50kOperating result 2021: €-27k€-27kNet result 2021: €-26k€-26kOperating result 2022: €-16k€-16kNet result 2022: €-15k€-15kOperating result 2023: €60k€60kNet result 2023: €62k€62kOperating result 2024: €-19k€-19kNet result 2024: €-11k€-11kOperating result 2025: €-16k€-16kNet result 2025: €-9k€-9k20212022202320242025€-25k€0€25k€50kOperating result 2023: €60k€60kNet result 2023: €62k€62kOperating result 2024: €-19k€-19kNet result 2024: €-11k€-11kOperating result 2025: €-16k€-16kNet result 2025: €-9k€-9.4k202320242025
The operating result stays negative: a loss of €16k in 2025 against €19k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €335k
Equity €333k ▼ 2.7%
Debt €2k ▲ 7.3%
Debt's share of the balance-sheet total rises from 0.6% to 0.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.01▲
2024 · 0.01
ROE
-2.8%▲
2024 · -3.3%
ROA
-2.8%▲
2024 · -3.2%
Debt ≤ 1 year
€2k▲
2024 · €2k
Income taxes
€165▲
2024 · €97
A ratio outside any meaningful range has been withheld (balance sheet total €335k, equity €333k).
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 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€344k€335k▼
Current assets29/58€344k€335k▼
Amounts receivable within one year40/41€1k€1k▼
Other amounts receivable41€1k€1k▼
Cash at bank and in hand54/58€338k€331k▼
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€344k€335k▼
Equity10/15€342k€333k▼
Contributions10/11€202k€202k=
Reserves13€152k€152k=
Non-distributable reserves130/1€13k€13k=
Reserves not available under the articles1311€13k€13k=
Distributable reserves133€138k€138k=
Profit (loss) carried forward14€-11k€-21k▼
Amounts payable17/49€2k€2k▲
Amounts payable within one year42/48€2k€2k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Other amounts payable47/48€213€370▲
Income statement Code20242025
Other operating charges640/8€615€736▲
Gross operating margin9900€-18k€-16k▲
Operating profit (loss)9901€-19k€-16k▲
Financial income75/76B€8k€7k▼
Recurring financial income75€8k€7k▼
Financial charges65/66B€9€0▼
Recurring financial charges65€9€0▼
Profit (loss) for the period before taxes9903€-11k€-9k▲
Income taxes67/77€97€165▲
Profit (loss) for the period9904€-11k€-9k▲
Profit (loss) for the period to be appropriated9905€-11k€-9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-21k▼
Profit (loss) brought forward from the previous period14P€11€-11k▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k-----
Other operating charges640/8€546€548€598€615€736▲ 19.5%
Gross operating margin9900€-23k€-16k€60k€-18k€-16k▲ 13.8%
Operating profit (loss)9901€-27k€-16k€60k€-19k€-16k▲ 12.7%
Financial income75/76B€2k€2k€2k€8k€7k▼ 7.2%
Recurring financial income75€2k€2k€2k€8k€7k▼ 7.2%
Financial charges65/66B---€9€0▼ 100%
Recurring financial charges65---€9€0▼ 100%
Profit (loss) for the period before taxes9903€-25k€-15k€62k€-11k€-9k▲ 16.5%
Income taxes67/77€114€116€154€97€165▲ 69.8%
Profit (loss) for the period9904€-26k€-15k€62k€-11k€-9k▲ 15.8%
Profit (loss) for the period to be appropriated9905€-26k€-15k€62k€-11k€-9k▲ 15.8%
Line20212022202320242025Change
Assets
Total assets20/58€308k€294k€355k€344k€335k▼ 2.7%
Current assets29/58€308k€294k€355k€344k€335k▼ 2.7%
Amounts receivable within one year40/41€242€849€293€1k€1k▼ 13.0%
Trade receivables40-€849----
Other amounts receivable41€242-€293€1k€1k▼ 13.0%
Cash at bank and in hand54/58€307k€293k€351k€338k€331k▼ 2.3%
Deferred charges and accrued income490/1€449€554€3k€5k€3k▼ 29.7%
Equity and liabilities
Total equity and liabilities10/49€308k€294k€355k€344k€335k▼ 2.7%
Equity10/15€306k€291k€353k€342k€333k▼ 2.7%
Contributions10/11€202k€202k€202k€202k€202k=
Reserves13€152k€152k€152k€152k€152k=
Non-distributable reserves130/1€13k€13k€13k€13k€13k=
Reserves not available under the articles1311€13k€13k€13k€13k€13k=
Distributable reserves133€138k€138k€138k€138k€138k=
Profit (loss) carried forward14€-47k€-62k€11€-11k€-21k▼ 84.3%
Amounts payable17/49€2k€3k€1k€2k€2k▲ 7.3%
Amounts payable within one year42/48€2k€3k€1k€2k€2k▲ 7.3%
Trade debts44€1k€2k€1k€2k€2k▲ 0.3%
Suppliers440/4€1k€2k€1k€2k€2k▲ 0.3%
Taxes, remuneration and social security45€123€426€118---
Taxes450/3€123€426€118---
Other amounts payable47/48€1k€218€226€213€370▲ 73.5%
Line20212022202320242025Change
Profit (loss) for the period9904€-26k€-15k€62k€-11k€-9k▲ 15.8%
+ Depreciation and write-downs630€4k-----
Operating cash flow (approximation)€-22k€-15k€62k€-11k€-9k▲ 15.8%
Change in cash-€-15k€59k€-13k€-8k▲ 41.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
19-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €62k
Net result €62k after 4 loss-making years.
31-12
Financial Liquidity doublescurrent ratio 245.55
Current ratio from 100.45 to 245.55; short-term debt falls from €3k to €1k.
06-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Liquidity doublescurrent ratio 272.29
Current ratio from 112.71 to 272.29; short-term debt falls from €3k to €1k.
23-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Liquidity times 6current ratio 112.71
Current ratio from 19.17 to 112.71; short-term debt falls from €20k to €3k.
Show earlier events
26-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

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.

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Directors · office · real estate

Directors
4 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, Nivelles · 1 establishment unit since 1973
seat establishment The establishment unit on the map
Ground area
3,457 m²
Building footprint
305 m²
Parcel 25072B0385/00A019, Wallonia. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
KiwiChic
Avenue de France 23, 1400 NivellesNACE 72100
since 19732.384.071.344
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25072B0385/00A019 Wallonia 3,457 m² 1 · 305 m² -
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.

Recognitions · licences · registrations

Legal Entity Identifier

967600ZIEXRKG4JLIB46
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 9,862 companies in sector 73110 we hold annual accounts for 3,753. 2,480 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
Founded30-01-1973
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
62100Computer programming
62200Computer consultancy and computer facilities management
63910Web portal activities
85599Other education
Contact
E-mail philippe.vanhoolandt@outlook.com
Phone 0494272878

Scores and ratios are computed by Checked and are not a credit decision.