Formidabel
ActiveSummary
The computed 12-month bankruptcy probability of Formidabel is 5.0% (elevated). The 2025 annual accounts show negative equity (€-42k) and a net result of €-4k. Equity is shrinking by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 18280 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
24
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record94
Bankruptcy probability, 12 months
5.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-42k
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 06-07-2026, 25 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
25 d early
2024
18 d late
2023
1 d early
2022
30 d late
2021
165 d late
← 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-42k▼ 11.2%
2024 · €-38k
2021: €24k
2022: €-28k
2023: €-34k
2024: €-38k
2021 → 2025
Total assets
€46▲ 108%
2024 · €22
2021: €230k
2022: €42
2023: €14
2024: €22
2021 → 2025
Net result
€-4k▼ 7.1%
2024 · €-4k
2021: €-26k
2022: €-52k
2023: €-6k
2024: €-4k
2021 → 2025
Working capital
€-42k▼ 11.2%
2024 · €-38k
2021: €24k
2022: €-28k
2023: €-34k
2024: €-38k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€-28k€-34k▼ 22.6%€-38k▼ 11.7%€-42k▼ 11.2%
Operating result€-25k-€-52k▼ 103%€-6k▲ 88.0%€-2k▲ 59.7%€-3k▼ 23.4%
Net result€-26k-€-52k▼ 101%€-6k▲ 88.0%€-4k▲ 36.5%€-4k▼ 7.1%
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 stays negative: a loss of €3k in 2025 against €2k in 2024; the loss grows.
Key figures and ratios
Debt
€42k▲
2024 · €38k
Debt ≤ 1 year
€42k▲
2024 · €38k
Ratios withheld: a balance sheet total of €46 is too small for a meaningful ratio.
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 · 21 lines
Balance sheet
Code20242025
Assets
Total assets20/58€22€46▲
Current assets29/58€22€46▲
Cash at bank and in hand54/58€22€46▲
Equity and liabilities
Total equity and liabilities10/49€22€46▲
Equity10/15€-38k€-42k▼
Contributions10/11€50k€50k=
Profit (loss) carried forward14€-88k€-92k▼
Amounts payable17/49€38k€42k▲
Amounts payable within one year42/48€38k€42k▲
Trade debts44€731€85▼
Suppliers440/4€731€85▼
Other amounts payable47/48€37k€42k▲
Income statement
Code20242025
Gross operating margin9900€-2k€-3k▼
Operating profit (loss)9901€-2k€-3k▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-4k€-4k▼
Profit (loss) for the period9904€-4k€-4k▼
Profit (loss) for the period to be appropriated9905€-4k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-88k€-92k▼
Profit (loss) brought forward from the previous period14P€-84k€-88k▼
The notes to these accounts (1 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 18 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
12-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 165 days late
2022
31-12
Financial
Weakest financial yearnet €-52k
Net result drops to €-52k, the lowest in the series; recovery starts the following year.
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, Herent · 1 establishment unit since 2021
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.
Radioweg 183020 HerentGround area
9,235 m²
Building footprint
805 m²
Volume, LiDAR
6,360 m³
Parcel 24111B0179/00C002, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Beestig
since 20212.326.277.952
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24111B0179/00C002 | Flanders | 9,235 m² | 1 · 805 m² | 11.4 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.
Similar companies · same sector, comparable size
Trimsalon Evelien & Lisa
BE 1002.736.807
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Tajo Invest
BE 0765.440.064
Kontich · Eq €23,654
Aqua arthropoda
BE 0789.525.758
Niel · Eq €23,428
EQUINAD
BE 0751.853.433
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ANIJENIE
BE 0453.854.585
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Of 1,330 companies in sector 47762 we hold annual accounts for 479. 294 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
Founded08-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47762Retail sale of pets, pet food and pet supplies
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.