Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FITCO from Schilde, company number BE0441624667, closed financial year 2025 with a result of € -85,203 after tax. For that financial year FITCO recorded a gross margin of € 77,592 and equity of € 395,892. Compared with financial year 2024, the result moved from € 39,970 to € -85,203. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 26, 2026.
€ 395,892
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -85,203
▼ still € 39,970 profit in 2024
Profit after tax over the fiscal year.
€ 83,314
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 375,392.
People and assets in 2025
€ 26,277
▲ € 21,257 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 810,901
▼ 13% vs 2024
€ 125,528 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 229,283
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,156
▼ 32% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 334,922 | - | - | |
| Gross margin | € 152,371 | € 187,885 | € 173,011 | € 77,592 | ▼ 55% |
| Profit after taxes | € 45,346 | € 71,392 | € 39,970 | € -85,203 | ▼ € 125,173 |
| Equity | € 369,732 | € 441,124 | € 481,095 | € 395,892 | ▼ 18% |
| Total debts | € 694,889 | € 1,742,487 | € 1,426,273 | € 2,499,153 | ▲ 75% |
| Cash | € 141,081 | € 802,586 | € 68,553 | € 83,314 | ▲ 22% |
| Land & buildings | € 693,645 | € 1,201,635 | € 1,662,781 | € 2,650,428 | ▲ 59% |
| Retained profit | € 349,232 | € 420,624 | € 460,595 | € 375,392 | ▼ 18% |
| Bank debt | € 521,377 | € 1,055,814 | € 929,744 | € 810,901 | ▼ 13% |
| Balance sheet total | € 1,064,621 | € 2,183,611 | € 1,907,368 | € 2,895,045 | ▲ 52% |
Key figures of FITCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to FITCO?
What happened at FITCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 85,203 (▼ € 125,173 vs 2024). Source: NBB ↗
- New establishment in Schilde. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,346 profit in 2022 to € 85,203 loss in 2025.
Paid € 91,139 in corporate taxes since 2022.
Best year ever: 2023, with € 71,392 profit.
Management
Behind FITCO is Patrick Van Looveren.
Directors
According to the 2025 annual accounts
Patrick Van Looveren
bestuurder
Establishments
Establishment units
Physical locations of this company
De Loock 20
2970 Schilde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.624.667
- VAT number
- BE 0441.624.667
- Registered office
- De Loock 20, 2970 Schilde
- Names & denominations
- FITCO · MSC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 October 1990
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Activiteiten van reclamebureaus
Publiciteitsagentschappen
Gespecialiseerde beeld-, verlichtings- en geluidstechnieken
Diensten verwant aan de scheppende en uitvoerende kunst