Summary
FINACKET is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €43,640 and a net result of -€48,327. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 14% of 3001 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Financials · fiscal year 2025, micro schema
Equity
€43,640▼ 52.5%
2024 · €91,967
Net result
-€48,327
2024 · €849
Total assets
€719,800▼ 5.9%
2024 · €765,170
Solvency
6.1%▼ 6.0pp
2024 · 12.0%
Trend over the years
2021 to 2025, 5 fiscal years 2020 to 2025, 6 fiscal years
The operating result turns negative in 2025: a loss of €22,145 after €23,150 in 2024, the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Operating result-€22,145
2025
Net result-€48,327
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€719,800
2025
Equity€43,640
2025
Debt€676,160
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€230,050
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-6.7%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency6.1%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.18
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)2.7
2025
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202020212022202320242025
Operating result€14,757-€44,968▲ 205%€55,416▲ 23.2%€11,691▼ 78.9%€23,150▲ 98.0%-€22,145
Net result€10,183within the sector's middle half-€34,100within the sector's middle half▲ 235%€42,227within the sector's middle half▲ 23.8%€1,608below the sector's middle half▼ 96.2%€849below the sector's middle half▼ 47.2%-€48,327below the sector's middle half
Equity€13,183below the sector's middle half-€47,283within the sector's middle half▲ 259%€89,510within the sector's middle half▲ 89.3%€91,118within the sector's middle half▲ 1.8%€91,967within the sector's middle half▲ 0.9%€43,640within the sector's middle half▼ 52.5%
Total assets€176,237within the sector's middle half-€178,050within the sector's middle half▲ 1.0%€199,972within the sector's middle half▲ 12.3%€565,263within the sector's middle half▲ 183%€765,170above the sector's middle half▲ 35.4%€719,800within the sector's middle half▼ 5.9%
Debt€163,053-€130,767▼ 19.8%€110,463▼ 15.5%€474,145▲ 329%€673,203▲ 42.0%€676,160▲ 0.4%
Working capital-€23,007below the sector's middle half-€9,250within the sector's middle half€46,587within the sector's middle half▲ 404%€29,934within the sector's middle half▼ 35.7%-€188,530below the sector's middle half-€230,050below the sector's middle half▼ 22.0%
Solvency7.5%below the sector's middle half-26.6%within the sector's middle half▲ 19.1pp44.8%within the sector's middle half▲ 18.2pp16.1%below the sector's middle half▼ 28.6pp12.0%below the sector's middle half▼ 4.1pp6.1%below the sector's middle half▼ 6.0pp
Current ratio0.55below the sector's middle half-1.22within the sector's middle half▲ 0.672.03within the sector's middle half▲ 0.811.57within the sector's middle half▼ 0.460.23below the sector's middle half▼ 1.340.18below the sector's middle half▼ 0.05
Return on assets (ROA)5.8%within the sector's middle half-19.2%within the sector's middle half▲ 13.4pp21.1%above the sector's middle half▲ 2.0pp0.3%below the sector's middle half▼ 20.8pp0.1%below the sector's middle half▼ 0.2pp-6.7%below the sector's middle half▼ 6.8pp
Staff (FTE)1.11.3▲ 18.2%1.8▲ 38.5%2.7▲ 50.0%
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €719,800
Fixed assets
€667,618 ▼ 5.8%
Current assets
€52,182 ▼ 7.7%
Equity and liabilities €719,800
Equity
€43,640 ▼ 52.5%
Debt
€676,160 ▲ 0.4%
Debt's share of the balance-sheet total rises from 88.0% to 93.9%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-110.7%▼
2024 · 0.9%
Debt ≤ 1 year
€282,231▲
2024 · €245,070
Debt > 1 year
€393,818▼
2024 · €428,022
Income taxes
€624▼
2024 · €4,781
Staff costs
€168,417▲
2024 · €103,854
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €23,561 | €64,800 | €103,854 | €168,417 | ▲ 62.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,133 | €21,196 | €21,304 | €25,244 | €39,255 | €41,012 | ▲ 4.5% |
| Other operating charges640/8 | - | €1,180 | €1,055 | €51,649 | €8,659 | €2,610 | ▼ 69.9% |
| Gross operating margin9900 | €31,516 | €67,344 | €101,337 | €153,384 | €174,918 | €189,894 | ▲ 8.6% |
| Operating profit (loss)9901 | €14,757 | €44,968 | €55,416 | €11,691 | €23,150 | -€22,145 | ▼ 196% |
| Financial income75/76B | - | - | €7 | €142 | €180 | €4 | ▼ 97.9% |
| Recurring financial income75 | - | - | €7 | €142 | €180 | €4 | ▼ 97.9% |
| Financial charges65/66B | - | €1,200 | €1,075 | €6,991 | €17,699 | €25,561 | ▲ 44.4% |
| Recurring financial charges65 | €1,621 | €1,200 | €1,075 | €6,991 | €17,699 | €25,561 | ▲ 44.4% |
| Profit (loss) for the period before taxes9903 | €13,136 | €43,768 | €54,348 | €4,842 | €5,631 | -€47,702 | ▼ 947% |
| Income taxes67/77 | €2,952 | €9,668 | €12,122 | €3,234 | €4,781 | €624 | ▼ 86.9% |
| Profit (loss) for the period9904 | €10,183 | €34,100 | €42,227 | €1,608 | €849 | -€48,327 | ▼ 5,790% |
| Profit (loss) for the period to be appropriated9905 | €10,183 | €34,100 | €42,227 | €1,608 | €849 | -€48,327 | ▼ 5,790% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €176,237 | €178,050 | €199,972 | €565,263 | €765,170 | €719,800 | ▼ 5.9% |
| Fixed assets21/28 | €147,739 | €126,542 | €108,196 | €482,952 | €708,630 | €667,618 | ▼ 5.8% |
| Intangible fixed assets21 | €101,871 | €90,671 | €79,471 | €68,271 | €57,071 | €45,871 | ▼ 19.6% |
| Tangible fixed assets22/27 | €45,708 | €35,711 | €28,565 | €414,521 | €651,399 | €621,587 | ▼ 4.6% |
| Land and buildings22 | - | - | - | €396,700 | €611,637 | €597,526 | ▼ 2.3% |
| Plant, machinery and equipment23 | - | - | - | - | €1,740 | €1,323 | ▼ 23.9% |
| Furniture and vehicles24 | - | €32,496 | €25,729 | €15,363 | €35,944 | €21,038 | ▼ 41.5% |
| Other tangible fixed assets26 | - | €3,215 | €2,836 | €2,458 | €2,079 | €1,700 | ▼ 18.2% |
| Financial fixed assets28 | €160 | €160 | €160 | €160 | €160 | €160 | = |
| Current assets29/58 | €28,498 | €51,507 | €91,776 | €82,311 | €56,540 | €52,182 | ▼ 7.7% |
| Amounts receivable within one year40/41 | €16,924 | €13,641 | €22,266 | €32,343 | €48,497 | €44,431 | ▼ 8.4% |
| Trade receivables40 | - | €13,641 | €22,266 | €24,600 | €31,419 | €32,285 | ▲ 2.8% |
| Other amounts receivable41 | - | - | - | €7,742 | €17,079 | €12,146 | ▼ 28.9% |
| Cash at bank and in hand54/58 | €8,394 | €35,163 | €66,610 | €46,320 | €4,943 | €3,401 | ▼ 31.2% |
| Deferred charges and accrued income490/1 | - | €2,704 | €2,900 | €3,648 | €3,099 | €4,350 | ▲ 40.3% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €176,237 | €178,050 | €199,972 | €565,263 | €765,170 | €719,800 | ▼ 5.9% |
| Equity10/15 | €13,183 | €47,283 | €89,510 | €91,118 | €91,967 | €43,640 | ▼ 52.5% |
| Contributions10/11 | - | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €10,183 | €44,283 | €86,510 | €88,118 | €88,967 | €40,640 | ▼ 54.3% |
| Amounts payable17/49 | €163,053 | €130,767 | €110,463 | €474,145 | €673,203 | €676,160 | ▲ 0.4% |
| Amounts payable after more than one year17 | €111,548 | €88,510 | €65,273 | €421,769 | €428,022 | €393,818 | ▼ 8.0% |
| Financial debts170/4 | - | €88,510 | €65,273 | €421,769 | €428,022 | €393,818 | ▼ 8.0% |
| Amounts payable within one year42/48 | €51,505 | €42,257 | €45,189 | €52,377 | €245,070 | €282,231 | ▲ 15.2% |
| Current portion of amounts payable after more than one year42 | - | €23,038 | €29,077 | €41,061 | €43,782 | €34,940 | ▼ 20.2% |
| Financial debts43 | - | - | - | €2,955 | €40,000 | €48,449 | ▲ 21.1% |
| Credit institutions430/8 | - | - | - | €2,955 | €40,000 | €40,127 | ▲ 0.3% |
| Other loans439 | - | - | - | - | - | €8,322 | - |
| Trade debts44 | €1,327 | €1,160 | €1,973 | €2,944 | €8,260 | €8,904 | ▲ 7.8% |
| Suppliers440/4 | - | €1,160 | €1,973 | €2,944 | €8,260 | €8,904 | ▲ 7.8% |
| Taxes, remuneration and social security45 | - | €12,620 | €11,073 | €2,119 | €18,198 | €33,661 | ▲ 85.0% |
| Taxes450/3 | - | €12,620 | €11,073 | €2,119 | €3,600 | €8,643 | ▲ 140% |
| Remuneration and social security454/9 | - | - | - | - | €14,598 | €25,018 | ▲ 71.4% |
| Other amounts payable47/48 | - | €5,438 | €3,066 | €3,297 | €134,830 | €156,278 | ▲ 15.9% |
| Accrued charges and deferred income492/3 | - | - | - | - | €111 | €111 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,183 | €34,100 | €42,227 | €1,608 | €849 | -€48,327 | ▼ 5,790% |
| + Depreciation and write-downs630 | €16,133 | €21,196 | €21,304 | €25,244 | €39,255 | €41,012 | ▲ 4.5% |
| Operating cash flow (approximation) | €26,317 | €55,296 | €63,531 | €26,852 | €40,104 | -€7,315 | ▼ 118% |
| Investment in fixed assets (approximation) | - | €0 | -€2,958 | -€400,000 | -€264,933 | €0 | ▲ 100% |
| Change in cash | - | €26,769 | €31,447 | -€20,290 | -€41,377 | -€1,542 | ▲ 96.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 1,506 companies in this sector we hold annual accounts for 941. 553 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 3 entries · €149 awarded · €149 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | €51 | €51 |
| 2023 | 1 | €50 | €50 |
| 2022 | 1 | €48 | €48 |