Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
FIRECO SYSTEMS from Hasselt, company number BE0464227251, closed financial year 2025 with a result of € 447,626 after tax. For that financial year FIRECO SYSTEMS recorded a gross margin of € 1.2 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 287,801 to € 447,626. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 1.5 million
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 447,626
▲ 56% vs 2024
Profit after tax over the fiscal year.
€ 908,165
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.4 million.
People and assets in 2025
3.6
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 415,081
▲ 17% vs 2024
€ 115,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 104,530
▲ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 790,095
▼ 26% vs 2024
€ 162,515 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.6 million
▲ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,699
▼ 6% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 667,768 | € 686,134 | € 1,096,428 | € 1,208,523 | ▲ 10% |
| Profit after taxes | € 255,472 | € 202,368 | € 287,801 | € 447,626 | ▲ 56% |
| Equity | € 1,069,264 | € 1,021,632 | € 1,059,433 | € 1,507,059 | ▲ 42% |
| Total debts | € 1,038,218 | € 1,836,854 | € 2,293,161 | € 2,427,964 | ▲ 6% |
| Cash | € 716,734 | € 1,648,606 | € 1,353,939 | € 908,165 | ▼ 33% |
| Land & buildings | € 558,215 | € 540,065 | € 549,567 | € 507,093 | ▼ 8% |
| Retained profit | € 1,007,290 | € 959,658 | € 997,460 | € 1,445,086 | ▲ 45% |
| Dividend | € 0 | € 250,000 | € 250,000 | € 0 | ▼ 100% |
| Bank debt | € 417,524 | € 368,296 | € 1,068,668 | € 790,095 | ▼ 26% |
| Balance sheet total | € 2,107,482 | € 2,858,486 | € 3,352,594 | € 3,998,898 | ▲ 19% |
| Employees (FTE) | 3.1 | 3 | 3.4 | 3.6 | ▲ 0.2 |
Key figures of FIRECO SYSTEMS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to FIRECO SYSTEMS?
What happened at FIRECO SYSTEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Management Rudi CommV stepped down as director. NBB
- CHRISTIAN BARIBBI stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 447,626 (▲ 56% vs 2024). Source: NBB ↗
- Iris Masselin became a director. NBB
- Management Rudi CommV became a director. NBB
- CHRISTIAN BARIBBI became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 255,472 profit in 2022 to € 447,626 profit in 2025.
Paid € 367,955 in corporate taxes since 2022.
Best year ever: 2025, with € 447,626 profit.
On average € 335,700 of value added per employee in 2025.
A new publication or filing at FIRECO SYSTEMS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind FIRECO SYSTEMS is Iris Masselin.
Directors
According to the 2025 annual accounts
Iris Masselin
Director
since 2026
Managing director · represented by Rudi Roger Masselin
since 2022 · until 2028
CHRISTIAN BARIBBI
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Diestersteenweg 303
3510 Hasselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0464.227.251
- VAT number
- BE 0464.227.251
- Registered office
- Diestersteenweg 303, 3510 Hasselt
- Names & denominations
- FIRECO SYSTEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 1998
- Peppol
- Active · Active since 19 Sept 2025
- Contact
- fireco.be
- Activities · NACE
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