FPD5
ActiveThe computed 12-month bankruptcy probability of FPD5 is 3.1% (moderate). The 2025 annual accounts show negative equity (€-56k) and a net result of €-17k. Equity is shrinking by ~51% per year across the filed fiscal years. Its solvency ranks better than 5% of 9167 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
30
/ 100
Weak
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
3.1%
Moderate
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
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
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 →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-56k
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 13-07-2026, 18 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
18 d early
2024
24 d early
2023
on the day
2022
13 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-56k▼ 42.3%
2024 · €-39k
2022: €-10k
2023: €-23k
2024: €-39k
2022 → 2025
Total assets
€4k▼ 35.8%
2024 · €7k
2022: €3k
2023: €5k
2024: €7k
2022 → 2025
Net result
€-17k▼ 1.1%
2024 · €-16k
2022: €-20k
2023: €-13k
2024: €-16k
2022 → 2025
Working capital
€911▼ 66.6%
2024 · €3k
2022: €-366
2023: €-1k
2024: €3k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-10k-€-23k▼ 125%€-39k▼ 71.9%€-56k▼ 42.3%
Operating result€-20k-€-12k▲ 40.6%€-14k▼ 17.1%€-14k▼ 2.1%
Net result€-20k-€-13k▲ 37.0%€-16k▼ 29.2%€-17k▼ 1.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2025 against €14k in 2024; the loss grows.
Key figures and ratios
EBITDA
€-14k▼
2024 · €-14k
Cash flow
€-16k▼
2024 · €-16k
Interest coverage
-5.72▼
2024 · -5.37
Debt
€60k▲
2024 · €46k
Debt ≤ 1 year
€3k▼
2024 · €4k
Debt > 1 year
€57k▲
2024 · €42k
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€7k€4k▼
Formation expenses20€405€201▼
Current assets29/58€7k€4k▼
Amounts receivable within one year40/41€399€2k▲
Trade receivables40-€132
Other amounts receivable41€399€2k▲
Cash at bank and in hand54/58€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€7k€4k▼
Equity10/15€-39k€-56k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-49k€-66k▼
Amounts payable17/49€46k€60k▲
Amounts payable after more than one year17€42k€57k▲
Other amounts payable178/9€42k€57k▲
Amounts payable within one year42/48€4k€3k▼
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€203€203=
Other operating charges640/8€387€400▲
Gross operating margin9900€-13k€-13k▼
Operating profit (loss)9901€-14k€-14k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-16k€-17k▼
Profit (loss) for the period9904€-16k€-17k▼
Profit (loss) for the period to be appropriated9905€-16k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-49k€-66k▼
Profit (loss) brought forward from the previous period14P€-33k€-49k▼
The notes to these accounts (4 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 1.72
Current ratio from 0.76 to 1.72; short-term debt falls from €5k to €4k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated 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, Brussel · 1 establishment unit since 2022
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.
Marnixlaan 281000 BrusselGround area
594 m²
Building footprint
592 m²
Volume, LiDAR
12,540 m³
Parcel 21805E0497/00C000, Brussels · tallest building 28.3 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
FPD5
since 20222.327.537.269
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0497/00C000 | Brussels | 594 m² | 1 · 592 m² | 28.3 m · 8 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 and region
"IMMOBEL" OU "COMPAGNIE IMMOBILIERE DE BELGIQUE" OU "IMMOBILIEN VENNOOTSCHAP VAN BELGIE"
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Brussel
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 9,695 companies in sector 68121 we hold annual accounts for 7,383.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2022
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.