FSTR
ActiveFSTR has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1k and a net result of €-7k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 11% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
7
/ 100
Critical▼ -74 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency14▼-47
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.91 against 1.2 in 2023), and 92.3% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
7.7%
Return on assets
-42%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 20785 sector peers (2024).
NBB · sector comparisonPosition among 20785 sector peers
Solvency
better than 11%
← weakest
strongest →
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 24-07-2025, 7 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
12 d early
2022
59 d late
2021
584 d late
2020
944 d late
2019
1308 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1k▼ 84.5%
2023 · €9k
2018: €1k
2019: €1k
2020: €1k
2021: €-169
2022: €5k
2023: €9k
2018 → 2024
Total assets
€17k▼ 27.1%
2023 · €24k
2018: €3k
2019: €3k
2020: €3k
2021: €1k
2022: €27k
2023: €24k
2018 → 2024
Net result
€-7k
2023 · €3k
2018: €-3k
2019: €0
2020: €0
2021: €-1k
2022: €5k
2023: €3k
2018 → 2024
Working capital
€-1k
2023 · €3k
2018: €-108
2019: €-108
2020: €-108
2021: €-108
2022: €5k
2023: €3k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1k-€-169€5k€9k▲ 67.7%€1k▼ 84.5%
Operating result€0-€-1k€5k€4k▼ 28.8%€-7k
Net result€0-€-1k€5k€3k▼ 32.3%€-7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €7k after €4k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17k
Fixed assets
€3k▼ 51.2%
Current assets
€14k▼ 19.6%
Equity and liabilities €17k
Equity
€1k▼ 84.5%
Debt
€16k▲ 5.6%
The debt ratio rises from 63.7% to 92.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-4k▼
2023 · €5k
Cash flow
€-4k▼
2023 · €5k
Solvency
7.7%▼
2023 · 36.3%
Current ratio
0.91▼
2023 · 1.20
Quick ratio
0.91▼
2023 · 1.20
Debt / equity
11.94▲
2023 · 1.76
ROE
-544.0%▼
2023 · 40.4%
ROA
-42.0%▼
2023 · 14.6%
Interest coverage
-17.89▼
2023 · 27.31
Debt
€16k▲
2023 · €15k
Debt ≤ 1 year
€16k▲
2023 · €15k
Income taxes
€0▼
2023 · €123
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€24k€17k▼
Fixed assets21/28€6k€3k▼
Tangible fixed assets22/27€6k€3k▼
Furniture and vehicles24€6k€3k▼
Current assets29/58€18k€14k▼
Amounts receivable within one year40/41€17k€14k▼
Trade receivables40€11k€8k▼
Other amounts receivable41€6k€5k▼
Cash at bank and in hand54/58€953€628▼
Equity and liabilities
Total equity and liabilities10/49€24k€17k▼
Equity10/15€9k€1k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€2k€-5k▼
Amounts payable17/49€15k€16k▲
Amounts payable within one year42/48€15k€16k▲
Trade debts44€540€3k▲
Suppliers440/4€540€3k▲
Taxes, remuneration and social security45€4k€22▼
Taxes450/3€4k€22▼
Remuneration and social security454/9€0-
Other amounts payable47/48€10k€13k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€3k▲
Other operating charges640/8€638€141▼
Gross operating margin9900€5k€-4k▼
Operating profit (loss)9901€4k€-7k▼
Financial income75/76B€20€0▼
Recurring financial income75€20€0▼
Financial charges65/66B€177€231▲
Recurring financial charges65€177€231▲
Profit (loss) for the period before taxes9903€4k€-7k▼
Income taxes67/77€123€0▼
Profit (loss) for the period9904€3k€-7k▼
Profit (loss) for the period to be appropriated9905€3k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-5k▼
Profit (loss) brought forward from the previous period14P€-1k€2k▲
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
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-7k ▼309%
Net result drops to €-7k, the lowest in the series.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
06-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 584 days late
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 944 days late
29-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1308 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after 4 loss-making years.
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 directors, no change since 2023
DE BEUKELAER David
CurrentDirector · since 16-01-2023
DE WISPELAERE Isa
CurrentDirector · since 16-01-2023
19-01-2023
DE BEUKELAER David: Resigned as Director
19-01-2023
HERNANDEZ RAMON Santiago: Resigned as Director
19-01-2023
Thimo THOEYE: Resigned as Director
16-01-2023
DE BEUKELAER David: Appointed as Director
16-01-2023
DE WISPELAERE Isa: Appointed as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2016
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.
Klinkkouterstraat 249040 GentGround area
227 m²
Building footprint
89 m²
Volume, LiDAR
676 m³
Parcel 44432C1149/00R003, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FSTR
since 20162.251.799.471
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C1149/00R003 | Flanders | 227 m² | 1 · 89 m² | 10.9 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
Promizhe
BE 1003.754.020
La Bruyère · Eq €1k
DAW'S SOFTWARE
BE 1024.652.570
Thimister-Clermont · Eq €1k
Binary Bridge
BE 0805.011.017
Ninove · Eq €1k
Ariadne Innovation
BE 0754.797.382
Kortrijk · Eq €1k
BEN MNGMT
BE 0790.464.282
Ans · Eq €1k
Of 16,811 companies in sector 62100 we hold annual accounts for 8,748. 1,161 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-04-2016
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.