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Complete company report
Generated 21-08-2026
Active BE 0439.607.562Public limited company

FIN - COL

Kortrijkstraat(Z) 11 ·8550 Zwevegem, Belgium· 36 yrs active
Sector: Activiteiten van hoofdkantoren (70100)
Conclusion Checked

The computed 12-month bankruptcy probability of FIN - COL is 0.1% (very low). The 2025 annual accounts show equity of €745k and a net result of €-2.58M. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 11% of 310 sector peers (fiscal year 2025). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.
Key figures
Equity €745k
Net result €-2.58M
Staff (FTE) 3.7
Better than sector 11%
Financial profile 5 of 5 axes measured · computed by Checked
Health10Profitability33Solvency2Growth32Stability100
35 / 100

Fragile profile, watch solvency in particular.

All 5 axes are computed from data Checked has read.

Health 10
Profitability 33
Solvency 2
Growth 32
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Long track record −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 1989, 36 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2025 · computed
10 / 100 Critical
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 24-04-2026 with the NBB · fiscal year 2025 · volledig
The figures below are the statutory (non-consolidated) annual accounts. This company also files consolidated accounts; the group figures can differ substantially.
€-4.00M€-2.00M€0€2.00MRevenue 2021: €1.37M€1.37MOperating result 2021: €350k€350kNet result 2021: €-79k€-79kRevenue 2022: €1.47M€1.47MOperating result 2022: €479k€479kNet result 2022: €5k€5kRevenue 2023: €1.70M€1.70MOperating result 2023: €856k€856kNet result 2023: €-17k€-17kRevenue 2024: €1.50M€1.50MOperating result 2024: €619k€619kNet result 2024: €-190k€-190kRevenue 2025: €1.29M€1.29MOperating result 2025: €417k€417kNet result 2025: €-2.58M€-2.58M20212022202320242025
RevenueOperating resultNet result
No trend projection for this company: it files both statutory and consolidated annual accounts. The statutory figures above track the parent, and they jump when activities move inside the group, not when the business grows or shrinks. A trend through such a series measures a restructuring, not a business trajectory.
Sector comparison
Fiscal year 2025 · NACE 70, Head offices & management consulting · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 3.3% 42.2%
better than 11% of 310 sector peers
Net result €-2.58M €55k
better than 5% of 309 sector peers
Equity €745k €213k
better than 66% of 310 sector peers
Staff costs €318k €176k
higher than 65% of 78 sector peers
Employees (FTE) 3.7 1.6
better than 70% of 90 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€1.29M
-14.0% 18-25
EBITDA
€496k
-29.2% 18-25
Net profit
€-2.58M
-1259.7% 18-25
Cash flow
€-2.50M
-2225.2% 18-25
Total assets
€22.43M
+1.8% 18-25
Equity
€745k
-77.6% 18-25
Working capital
€-5.44M
-113.6% 18-25
Employees (FTE)
4
+54.2% 18-25
Show 14 other metrics
Staff costs
€318k
+13.6% 18-25
Income taxes
€1k
+6.1% 18-25
Debt
€21.69M
+16.0% 18-25
Debt ≤ 1y
€5.64M
+114.9% 18-25
Debt > 1y
€15.95M
0.0% 18-25
Current ratio
0.03
+21.0% 18-25
Quick ratio
0.03
+21.0% 18-25
Solvency
3.3%
-78.0% 18-25
Debt / equity
29.10
+418.0% 18-25
ROE
-346.7%
-5973.7% 18-25
ROA
-11.5%
-1235.3% 18-25
Net margin
-200.1%
-1481.2% 18-25
EBITDA margin
38.5%
-17.6% 18-25
Interest coverage
1.49
+107.8% 18-25
Figures by fiscal year
Fiscal year2025
Depositvolledig
Revenue€1.29M
EBITDA€496k
Net profit€-2.58M
Cash flow€-2.50M
Staff costs€318k
Income taxes€1k
Dividends-
Total assets€22.43M
Equity€745k
Debt€21.69M
of which ≤ 1y€5.64M
of which > 1y€15.95M
Working capital€-5.44M
Employees (FTE)3.7
Ratios (computed)
2025
Current ratio0.03
Quick ratio0.03
Working capital ratio-24.3%
Solvency3.3%
Debt / equity29.10
Long-term debt ratio21.40
Interest coverage1.49
Gross margin-
Net margin-200.1%
ROA-11.5%
ROE-346.7%
EBITDA margin38.5%
Days sales outstanding40d
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€22.43M
Fixed assets 21/28€22.24M
Intangible fixed assets 21€120k
Tangible fixed assets 22/27€57k
Financial fixed assets 28€22.06M
Current assets 29/58€195k
Amounts receivable within one year 40/41€148k
Cash & bank 54/58€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€22.43M
Equity 10/15€745k
Contributions / capital 10/11€1.86M
Reserves 13€186k
Accumulated profits (losses) 14€-1.72M
Amounts payable 17/49€21.69M
Amounts payable after one year 17€15.95M
Amounts payable within one year 42/48€5.64M
Trade debts payable within one year 44€370k
Income statement
Turnover 70€1.29M
Operating result 9901€417k
Financial income 75€14
Financial charges 65€336k
Result before taxes 9903€-2.58M
Income taxes 67/77€1k
Net result for the period 9904€-2.58M
Result to be appropriated 9905€-2.58M
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • Thomas Beauduin
    Director
    State Gazette act 22128175 (27-10-2022)
    Current
    27-10-2022 → present
Former directors (1)
  • Charles Beauduin
    Director
    State Gazette act 22128175 (27-10-2022)
    Former
    - → 27-10-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Activiteiten van hoofdkantoren(70100)
Legal form Public limited company(014)
Incorporation18-12-1989
StatusActive
Postal code8550
Establishment units 1 location
FIN-COL NV
Zuidstraat 18, 8560 Wevelgemhet invullen van aangifteformulieren voor de loon- en inkomstenbelasting voor particulieren en bedrijven
since 19902.046.491.944
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34041C0880/00N000 Flanders 2.5 ha 1 · 114 m² -
34042D0275/00P000 Flanders 3,475 m² 1 · 779 m² 17.4 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
24-04-2026
NBB filing Annual accounts filed
fiscal year 2025 · volledig
2025
29-04-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
2024
24-04-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
2023
18-04-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2022
27-10-2022
State Gazette act Director changes
25-04-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
01-04-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
30-04-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
29-04-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
06-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · consolidatie
27-04-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
Belgian State Gazette reading coverage 0 of 12 acts read

We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 3 years ago
2022
27-10-2022 3 directors appointed, 1 resigning, 4 reappointed Director changes
  • Xavier-Francis Verstraete, Gedelegeerd bestuurder
  • Xavier-Francis Verstraete, Voorzitter
  • Thomas Beauduin, Bestuurder
  • Charles Beauduin, Bestuurder
  • Xavier-Francis Verstraete, Bestuurder
  • Thimacon BV, Bestuurder
  • Luc Vandewalle, Bestuurder
  • Xavier-Francis Verstraete, Bestuurder
Technical details 
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Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Activiteiten van hoofdkantoren70100Coördinatiecentra74152Holdings64200Activiteiten van holdings64210
Primary activity highlighted.
Names & trade names
Legal nameNL FIN - COL
Registered office
Kortrijkstraat(Z) 11
8550 Zwevegem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative