Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FISCO-INVEST from Oudenaarde, company number BE0463499157, closed financial year 2025 with a result of € 5.1 million after tax. For that financial year FISCO-INVEST recorded a gross margin of € 349,109 and equity of € 12.7 million. Compared with financial year 2024, the result moved from € 1.2 million to € 5.1 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 23, 2025.
€ 12.7 million
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.1 million
▲ € 3.9 million vs 2024
Profit after tax over the fiscal year.
€ 290,217
▲ € 229,664 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 883,608 paid out
17 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 920,307
▼ 20% vs 2024
€ 235,262 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1,467
▲ € 1,347 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 698,414
▲ 129% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 277,603 | € 345,960 | € 375,101 | € 349,109 | ▼ 7% |
| Profit after taxes | € 3,102,134 | € 926,476 | € 1,164,909 | € 5,085,332 | ▲ € 3.9 million |
| Equity | € 9,213,101 | € 12,546,391 | € 14,275,959 | € 12,707,856 | ▼ 11% |
| Total debts | € 2,800,396 | € 2,680,707 | € 2,639,038 | € 3,142,014 | ▲ 19% |
| Cash | € 170,048 | € 111,055 | € 60,553 | € 290,217 | ▲ € 229,664 |
| Land & buildings | € 6,585,365 | € 6,591,777 | € 6,532,547 | € 6,462,262 | ▼ 1% |
| Retained profit | € 5,772,483 | € 6,548,959 | € 7,263,868 | € 11,465,592 | ▲ 58% |
| Dividend | € 560,566 | € 150,000 | € 450,000 | € 883,608 | ▲ 96% |
| Bank debt | € 2,142,264 | € 2,159,215 | € 1,152,441 | € 920,307 | ▼ 20% |
| Balance sheet total | € 14,508,920 | € 17,692,037 | € 19,348,429 | € 18,250,765 | ▼ 6% |
Key figures of FISCO-INVEST, 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 FISCO-INVEST?
What happened at FISCO-INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5.1 million (▲ € 3.9 million vs 2024). Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.1 million profit in 2022 to € 5.1 million profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2025, with € 5.1 million profit.
Paid out € 2 million in dividends to the owners in total.
Management
Behind FISCO-INVEST is LUDO VANDER HAEGHEN. It owns 100% of ACCOUNTANTSGROEP, 33.3% of ACCOUNTANTSGROEP PARTNERS and 25% of CHRISTACOR itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Aalststraat 2
9700 Oudenaarde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0463.499.157
- VAT number
- BE 0463.499.157
- Registered office
- Aalststraat 2, 9700 Oudenaarde
- Names & denominations
- FISCO-INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 June 1998
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Handel in eigen onroerend goed
Activiteiten van holdings
Ontwikkeling van residentiële bouwprojecten
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Ontwikkeling van niet-residentiële bouwprojecten
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van (gecertificeerde) (fiscaal) accountants
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
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