FISCUNA
ActiveSummary
FISCUNA has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €725k and a net result of €-5k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 59% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-1
Solvency67▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.47 against 0.51 in 2024; short-term debt: 8.5% and cash: 2.9% of total assets), and 58.4% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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 · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-04-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
38 d early
2023
37 d early
2022
on the day
2021
61 d early
2020
24 d early
2019
36 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€725k▼ 0.7%
2024 · €730k
2018: €317k
2019: €331k
2020: €368k
2021: €463k
2022: €741k
2023: €725k
2024: €730k
2018 → 2025
Total assets
€1.74M▼ 1.1%
2024 · €1.76M
2018: €1.43M
2019: €1.39M
2020: €1.37M
2021: €2.03M
2022: €2.07M
2023: €1.81M
2024: €1.76M
2018 → 2025
Net result
€-5k
2024 · €5k
2018: €-41k
2019: €13k
2020: €38k
2021: €95k
2022: €277k
2023: €-16k
2024: €5k
2018 → 2025
Working capital
€-79k▼ 63.1%
2024 · €-48k
2018: €-203k
2019: €-51k
2020: €-40k
2021: €155k
2022: €-81k
2023: €-26k
2024: €-48k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€463k-€741k▲ 59.8%€725k▼ 2.2%€730k▲ 0.7%€725k▼ 0.7%
Operating result€113k-€388k▲ 243%€-3k€11k€2k▼ 78.2%
Net result€95k-€277k▲ 191%€-16k€5k€-5k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 78% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.74M
Fixed assets
€1.67M ▼ 2.2%
Current assets
€70k ▲ 37.6%
Equity and liabilities €1.74M
Equity
€725k ▼ 0.7%
Provisions
€9k ▼ 8.3%
Debt
€1.01M ▼ 1.3%
Debt's share of the balance-sheet total falls from 58.0% to 57.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€72k▼
2024 · €80k
Cash flow
€65k▼
2024 · €75k
Current ratio
0.47▼
2024 · 0.51
Debt to equity
1.39▼
2024 · 1.40
ROE
-0.7%▼
2024 · 0.7%
ROA
-0.3%▼
2024 · 0.3%
Interest coverage
8.88▲
2024 · 8.61
Debt ≤ 1 year
€148k▲
2024 · €99k
Debt > 1 year
€862k▼
2024 · €924k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.76M€1.74M▼
Fixed assets21/28€1.71M€1.67M▼
Tangible fixed assets22/27€1.37M€1.30M▼
Land and buildings22€1.37M€1.30M▼
Financial fixed assets28€346k€378k▲
Current assets29/58€51k€70k▲
Amounts receivable within one year40/41€21k€19k▼
Trade receivables40€6k€19k▲
Other amounts receivable41€15k€481▼
Cash at bank and in hand54/58€30k€50k▲
Equity and liabilities
Total equity and liabilities10/49€1.76M€1.74M▼
Equity10/15€730k€725k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€328k€328k=
Reserves13€214k€212k▼
Tax-exempt reserves132€214k€212k▼
Profit (loss) carried forward14€126k€123k▼
Provisions and deferred taxes16€10k€9k▼
Deferred taxes168€10k€9k▼
Amounts payable17/49€1.02M€1.01M▼
Amounts payable after more than one year17€924k€862k▼
Financial debts170/4€895k€833k▼
Other amounts payable178/9€29k€29k=
Amounts payable within one year42/48€99k€148k▲
Financial debts43€62k€62k=
Credit institutions430/8€62k€62k=
Trade debts44€23k€19k▼
Suppliers440/4€23k€19k▼
Other amounts payable47/48€13k€67k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€70k=
Other operating charges640/8€16k€9k▼
Gross operating margin9900€97k€81k▼
Operating profit (loss)9901€11k€2k▼
Financial income75/76B€3k-
Recurring financial income75€3k-
Financial charges65/66B€9k€8k▼
Recurring financial charges65€9k€8k▼
Profit (loss) for the period before taxes9903€4k€-6k▼
Transfer from deferred taxes780€817€817=
Profit (loss) for the period9904€5k€-5k▼
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€7k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€126k€123k▼
Profit (loss) brought forward from the previous period14P€118k€126k▲
The notes to these accounts (9 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
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
24-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €277k ▲191%
Operating result €388k, net result €277k, both a record.
30-09
Financial
Equity above €500kEq €741k ▲59.8%
4 profitable years in a row build equity to €741k.
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Liquidity triplescurrent ratio 1.83
Current ratio from 0.64 to 1.83.
06-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
Show earlier events
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2013
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.
Bosdamlaan(BEV) 209120 Beveren-Kruibeke-ZwijndrechtGround area
1,414 m²
Building footprint
313 m²
Volume, LiDAR
2,036 m³
2 parcels, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FISCUNA
since 20132.301.291.544
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46502D0522/00K000 | Flanders | 1,038 m² | 1 · 246 m² | 9.3 m · 2 fl. |
| 11056B0776/00K002 | Flanders | 376 m² | 1 · 67 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ANTWERP PACKAGING and LOGISTICS
BE 0881.776.916
Antwerpen · Eq €724,758
P96
BE 0651.737.951
Leuven · Eq €724,537
OPTIEK LOOK
BE 0430.796.695
Antwerpen · Eq €724,992
ARBIMO
BE 0749.436.153
Mons · Eq €725,403
SOCRATIS
BE 0477.596.425
Brussel · Eq €723,621
Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 4,292 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 formPublic limited company
Founded28-10-2002
Fiscal year end30-09
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.