FIZAINE
ActiveSummary
FIZAINE has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €745k and a net result of €130k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 25% of 572 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability41▼-15
Solvency38▲+4
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.07 in 2023; short-term debt: 80.3% and cash: 3.4% of total assets), and 86.7% of the assets are financed with debt.
Credit advice 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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← 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 2024Solvency, return and age of the figures
Solvency
13.3%
Return on assets
2.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
44 d early
2022
3 d early
2021
4 d early
2020
29 d early
2019
14 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€8.58M▼ 4.4%
2020 · €8.98M
2020: €8.98M
2020 → 2021
EBIT margin
0.5%▼ 0.8pp
2020 · 1.3%
2020: 1.3%
2020 → 2021
Net result
€130k▼ 50.1%
2023 · €260k
2018: €10k
2019: €157k
2020: €34k
2021: €4k
2022: €706
2023: €260k
2018 → 2024
Working capital
€594k▲ 23.5%
2023 · €481k
2018: €438k
2019: €454k
2020: €506k
2021: €403k
2022: €416k
2023: €481k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€8.98M-€8.58M▼ 4.4%
Equity€550k-€554k▲ 0.8%€555k▲ 0.1%€715k▲ 28.8%€745k▲ 4.2%
Operating result€113k-€40k▼ 64.3%€41k▲ 1.9%€496k▲ 1,103%€382k▼ 23.0%
Net result€34k-€4k▼ 87.5%€706▼ 83.2%€260k▲ 36,739%€130k▼ 50.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 23% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.59M
Fixed assets
€509k ▼ 24.9%
Current assets
€5.08M ▼ 27.8%
Equity and liabilities €5.59M
Equity
€745k ▲ 4.2%
Debt
€4.85M ▼ 30.8%
Debt's share of the balance-sheet total falls from 90.7% to 86.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€546k▼
2023 · €634k
Cash flow
€294k▼
2023 · €398k
Current ratio
1.13▲
2023 · 1.07
Quick ratio
0.56▲
2023 · 0.54
Debt to equity
6.51▼
2023 · 9.79
ROE
17.4%▼
2023 · 36.4%
ROA
2.3%▼
2023 · 3.4%
Interest coverage
2.27▼
2023 · 3.98
Debt ≤ 1 year
€4.49M▼
2023 · €6.56M
Debt > 1 year
€351k▼
2023 · €440k
Income taxes
€59k▼
2023 · €120k
Staff costs
€530k▼
2023 · €676k
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 · 58 lines
Balance sheet
Code20232024
Assets
Total assets20/58€7.72M€5.59M▼
Fixed assets21/28€677k€509k▼
Tangible fixed assets22/27€641k€509k▼
Plant, machinery and equipment23€263k€224k▼
Furniture and vehicles24€34k€28k▼
Other tangible fixed assets26€344k€256k▼
Financial fixed assets28€36k€0▼
Current assets29/58€7.04M€5.08M▼
Stocks and contracts in progress3€3.48M€2.57M▼
Stocks30/36€3.48M€2.57M▼
Amounts receivable within one year40/41€3.07M€2.28M▼
Trade receivables40€1.30M€513k▼
Other amounts receivable41€1.78M€1.77M▼
Cash at bank and in hand54/58€455k€190k▼
Deferred charges and accrued income490/1€32k€40k▲
Equity and liabilities
Total equity and liabilities10/49€7.72M€5.59M▼
Equity10/15€715k€745k▲
Contributions10/11€25k€25k=
Reserves13€690k€720k▲
Distributable reserves133€690k€720k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€7.00M€4.85M▼
Amounts payable after more than one year17€440k€351k▼
Financial debts170/4€440k€351k▼
Amounts payable within one year42/48€6.56M€4.49M▼
Current portion of amounts payable after more than one year42€91k€89k▼
Financial debts43€487k€539k▲
Credit institutions430/8€487k€539k▲
Trade debts44€4.73M€2.57M▼
Suppliers440/4€4.73M€2.57M▼
Advances received on contracts in progress46€84k€117k▲
Taxes, remuneration and social security45€156k€65k▼
Taxes450/3€99k€4k▼
Remuneration and social security454/9€57k€61k▲
Other amounts payable47/48€1.02M€1.11M▲
Accrued charges and deferred income492/3€3k€7k▲
Income statement
Code20232024
Remuneration, social security and pensions62€676k€530k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€138k€165k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€62k€98k▲
Other operating charges640/8€12k€26k▲
Non-recurring operating charges66A€12k€0▼
Gross operating margin9900€1.40M€1.20M▼
Operating profit (loss)9901€496k€382k▼
Financial income75/76B€43k€48k▲
Recurring financial income75€43k€48k▲
Financial charges65/66B€159k€241k▲
Recurring financial charges65€159k€241k▲
Profit (loss) for the period before taxes9903€380k€189k▼
Income taxes67/77€120k€59k▼
Profit (loss) for the period9904€260k€130k▼
Profit (loss) for the period to be appropriated9905€260k€130k▼
Appropriation of the result
Profit (loss) to be appropriated9906€715k€130k▼
Profit (loss) brought forward from the previous period14P€455k€0▼
Transfer to equity691/2€615k€30k▼
To other reserves6921€615k€30k▼
Profit to be distributed694/7€100k€100k=
Return on contributions (dividend)694€100k€100k=
Social balance
Average headcount (FTE)908712.010.6▼
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €260k ▲36739%
Operating result €496k, net result €260k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €706 ▼83.2%
Net result drops to €706, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 14 days late
2019
31-12
Financial
Equity above €500kEq €517k ▲16.2%
2 profitable years in a row build equity to €517k.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
28-07
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
3 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 1978
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.
Chaussée de Bruxelles 226-2281400 NivellesGround area
8,866 m²
Building footprint
1,314 m²
Volume, LiDAR
11,053 m³
2 parcels, Wallonia · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FIZAINE
since 19782.014.426.318
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782C0030/00E002 | Wallonia | 7,577 m² | 1 · 1,169 m² | 12.5 m · 3 fl. |
| 25004B0035/00G002 | Wallonia | 1,289 m² | 1 · 145 m² | 8.9 m · 2 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.
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Of 7,375 companies in sector 95311 we hold annual accounts for 2,959. 1,873 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
Founded06-12-1977
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47300Retail sale of automotive fuel
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.