FISCOBEL
ActiveSummary
FISCOBEL has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €97k and a net result of €12k. Equity is growing by ~26.9% per year across the filed fiscal years. Its solvency ranks better than 94% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▼-16
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 13.87 against 3.4 in 2023; short-term debt: 6.2% and cash: 17.1% of total assets), and 6.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-08-2025, 14 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
not confirmed
2024
14 d late
2023
35 d late
2022
25 d late
2021
22 d early
2020
7 d early
2019
8 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€89k
EBIT margin
46.9%
Net result
€12k▼ 60.6%
2023 · €31k
2018: €26k
2019: €25k
2020: €38k
2021: €38k
2022: €26k
2023: €31k
2018 → 2024
Working capital
€83k▲ 32.7%
2023 · €62k
2018: €-22k
2019: €-7k
2020: €6k
2021: €26k
2022: €62k
2023: €62k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€30k-€68k▲ 127%€94k▲ 38.3%€84k▼ 9.9%€97k▲ 14.5%
Operating result€50k-€49k▼ 1.7%€36k▼ 28.2%€42k▲ 19.4%€17k▼ 60.4%
Net result€38k-€38k▼ 0.3%€26k▼ 31.7%€31k▲ 19.7%€12k▼ 60.6%
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 2024; 2024 is 60% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €103k
Fixed assets
€14k ▼ 36.7%
Current assets
€89k ▲ 0.9%
Equity and liabilities €103k
Equity
€97k ▲ 14.5%
Debt
€6k ▼ 75.3%
Debt's share of the balance-sheet total falls from 23.5% to 6.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25k▼
2023 · €52k
Cash flow
€20k▼
2023 · €41k
Current ratio
13.87▲
2023 · 3.40
Debt to equity
0.07▼
2023 · 0.31
ROE
12.7%▼
2023 · 36.8%
ROA
11.9%▼
2023 · 28.1%
Interest coverage
69.97▲
2023 · 56.00
Debt ≤ 1 year
€6k▼
2023 · €26k
Income taxes
€4k▼
2023 · €10k
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 · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€110k€103k▼
Fixed assets21/28€22k€14k▼
Intangible fixed assets21€21k€14k▼
Tangible fixed assets22/27€1k-
Furniture and vehicles24€1k-
Current assets29/58€88k€89k▲
Amounts receivable within one year40/41€78k€71k▼
Trade receivables40€26k€11k▼
Other amounts receivable41€52k€61k▲
Cash at bank and in hand54/58€11k€18k▲
Equity and liabilities
Total equity and liabilities10/49€110k€103k▼
Equity10/15€84k€97k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€64k€76k▲
Amounts payable17/49€26k€6k▼
Amounts payable within one year42/48€26k€6k▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€22k€4k▼
Taxes450/3€22k€4k▼
Income statement
Code20232024
Non-recurring operating income76A€12k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€8k▼
Other operating charges640/8€1k€6k▲
Gross operating margin9900€53k€30k▼
Operating profit (loss)9901€42k€17k▼
Financial charges65/66B€932€356▼
Recurring financial charges65€932€356▼
Profit (loss) for the period before taxes9903€41k€16k▼
Income taxes67/77€10k€4k▼
Profit (loss) for the period9904€31k€12k▼
Profit (loss) for the period to be appropriated9905€31k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€104k€76k▼
Profit (loss) brought forward from the previous period14P€73k€64k▼
Profit to be distributed694/7€40k-
Return on contributions (dividend)694€40k-
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
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
31-12
Financial
Weakest financial yearnet €12k ▼60.6%
Net result drops to €12k, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 13.87
Current ratio from 3.40 to 13.87; short-term debt falls from €26k to €6k.
04-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 35 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 3.13
Current ratio from 1.34 to 3.13; short-term debt falls from €75k to €29k.
09-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €38k ▲55.1%
Operating result €50k, net result €38k, both a record.
08-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 8 days late
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Watermaal-Bosvoorde · 1 establishment unit since 1986
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.
Berensheide 211170 Watermaal-BosvoordeGround area
142 m²
Building footprint
65 m²
Volume, LiDAR
626 m³
Parcel 21017D0343/00C002, Brussels · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Berensheide 21, 1170 Watermaal-Bosvoorde
since 19862.029.117.066
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0343/00C002 | Brussels | 142 m² | 1 · 65 m² | 12.7 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
NEOCOM
BE 0461.577.567
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Fisco Meuse Mehaigne
BE 0675.469.990
Eghezée · Eq €96,744
@TheOffice
BE 1013.353.654
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Fisca M@x
BE 0844.532.775
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NOVA INVEST & MANAGEMENT
BE 0535.736.245
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 6,468 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
Founded10-03-1986
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.