FVI INVEST
ActiveFVI INVEST has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.14M and a net result of €-730k. Its solvency ranks better than 60% of 4512 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▲+1
Solvency75▼-22
Growth32
Track record82
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €420k at 30 days only on tighter terms
Liquidity ample (current ratio 7.96 against 0.2 in 2024; short-term debt: 3.9% and cash: 0% of total assets), and 49.6% of the assets are financed with debt.
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
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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.4%
Return on assets
-5.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2425
2024 to 2025 · latest year €-730k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-730k▼ 5.1%
2024 · €-695k
2024: €-695k
2024 → 2025
Working capital
€3.90M
2024 · €-1.27M
2024: €-1.27M
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€7.89M-€7.14M▼ 9.5%
Operating result€-823k-€-799k▲ 2.9%
Net result€-695k-€-730k▼ 5.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €799k in 2025 against €823k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.18M
Fixed assets
€9.72M▼ 8.8%
Current assets
€4.46M▲ 1,307%
Equity and liabilities €14.18M
Equity
€7.14M▼ 9.5%
Provisions
€1.16M▼ 7.7%
Debt
€5.88M▲ 221%
The debt ratio rises from 16.7% to 41.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-138k▼
2024 · €-28k
Cash flow
€-68k▼
2024 · €100k
Solvency
50.4%▼
2024 · 71.9%
Current ratio
7.96▲
2024 · 0.20
Quick ratio
7.96▲
2024 · 0.20
Debt / equity
0.82▲
2024 · 0.23
ROE
-10.2%▼
2024 · -8.8%
ROA
-5.1%▲
2024 · -6.3%
Interest coverage
-0.98▲
2024 · -15.52
Debt
€5.88M▲
2024 · €1.83M
Debt ≤ 1 year
€560k▼
2024 · €1.59M
Debt > 1 year
€5.32M▲
2024 · €245k
Income taxes
€931▲
2024 · €-7k
Staff costs
€9k▼
2024 · €29k
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€10.97M€14.18M▲
Fixed assets21/28€10.66M€9.72M▼
Intangible fixed assets21€3.43M€2.76M▼
Tangible fixed assets22/27€7.18M€6.91M▼
Land and buildings22€7.09M€6.88M▼
Plant, machinery and equipment23€9k€7k▼
Furniture and vehicles24€81k€21k▼
Financial fixed assets28€53k€53k=
Current assets29/58€317k€4.46M▲
Amounts receivable after more than one year29€185k€4.41M▲
Other amounts receivable291€185k€4.41M▲
Amounts receivable within one year40/41€116k€50k▼
Trade receivables40€722-
Other amounts receivable41€116k€50k▼
Cash at bank and in hand54/58€14k€970▼
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€10.97M€14.18M▲
Equity10/15€7.89M€7.14M▼
Contributions10/11€3.27M€3.27M=
Capital10€3.27M€3.27M=
Issued capital100€3.27M€3.27M=
Reserves13€3.72M€3.45M▼
Non-distributable reserves130/1€57k€57k=
Legal reserve130€57k€57k=
Tax-exempt reserves132€3.66M€3.39M▼
Profit (loss) carried forward14€829k€370k▼
Investment grants15€78k€61k▼
Provisions and deferred taxes16€1.25M€1.16M▼
Deferred taxes168€1.25M€1.16M▼
Amounts payable17/49€1.83M€5.88M▲
Amounts payable after more than one year17€245k€5.32M▲
Financial debts170/4€245k€5.32M▲
Amounts payable within one year42/48€1.59M€560k▼
Current portion of amounts payable after more than one year42-€133k
Trade debts44€1.52M€39k▼
Suppliers440/4€1.52M€39k▼
Advances received on contracts in progress46€60k€60k▼
Taxes, remuneration and social security45€8k€2k▼
Taxes450/3€3k€2k▼
Remuneration and social security454/9€4k-
Other amounts payable47/48-€327k
Income statement
Code20242025
Non-recurring operating income76A-€7k
Remuneration, social security and pensions62€29k€9k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€795k€662k▼
Other operating charges640/8€16k€207k▲
Non-recurring operating charges66A€11k€124k▲
Gross operating margin9900€27k€202k▲
Operating profit (loss)9901€-823k€-799k▲
Financial income75/76B€37k€115k▲
Recurring financial income75€37k€115k▲
Financial charges65/66B€30k€141k▲
Recurring financial charges65€2k€141k▲
Non-recurring financial charges66B€28k-
Profit (loss) for the period before taxes9903€-817k€-825k▼
Transfer from deferred taxes780€115k€96k▼
Income taxes67/77€-7k€931▲
Profit (loss) for the period9904€-695k€-730k▼
Transfer from tax-exempt reserves789€328k€271k▼
Transfer to tax-exempt reserves689€37k-
Profit (loss) for the period to be appropriated9905€-403k€-459k▼
Appropriation of the result
Profit (loss) to be appropriated9906€829k€370k▼
Profit (loss) brought forward from the previous period14P€1.23M€829k▼
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (28 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Liquidity times 40current ratio 7.96
Current ratio from 0.20 to 7.96; short-term debt falls from €1.59M to €560k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Knokke-Heist · 1 establishment unit since 2024
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.
Camille Lemonnierlaan 58300 Knokke-HeistGround area
1,154 m²
Building footprint
322 m²
Volume, LiDAR
511 m³
Parcel 31332G0715/00S017, Flanders · tallest building 3.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FVI INVEST
since 20242.364.183.770
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31332G0715/00S017 | Flanders | 1,154 m² | 1 · 322 m² | 3.9 m · 1 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
STRATOS KVK
BE 0821.487.654
Antwerpen · Eq €7.10M
GEDEVCO
BE 0881.304.188
Gent · Eq €7.20M
NELSON OPERATION
BE 0699.489.071
Sint-Gillis (bij-Brussel) · Eq €7.08M
WALCA
BE 0861.626.254
De Panne · Eq €7.07M
ARRAKIS
BE 0440.481.750
Gent · Eq €7.05M
Of 7,322 companies in sector 68110 we hold annual accounts for 5,381. 1,479 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-09-2024
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
47110Non-specialised retail sale with food, beverages or tobacco predominating
47111Retail trade
47120Other non-specialised retail sale
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.