Result
-€106,925 -€106,925
From profit to loss in 2025, after a profit of €22,659 in 2024.
FINOMARKER
Lifetime
10 annual accounts with figures on one time axispeak €186,369 (2024)
€79,978▼ 57.1%
lowest -€106,925 (2025)
-€106,925▼ €129,584
peak €551,528 (2025)
€551,528▲ 53.9%
€261,966▲ 87.1%
peak 1 FTE (2020)
-not published
Board7 names since 2019
3 directorsStarfisk Group and 2 others
Owners5 names in the annual accounts
34.7%2BE.ADVISED and 1 other
Documentsfilings and deeds
31-07-2026on the last day
2025abbreviated format
Gross margin from €186,369 to €79,978Loss of €106,925Capital increase of €300,000 to €676,560 28-071 director appointed, 2 resignations 28-04Capital increase of €125,520 to €376,560 26-02Registered office moved from Bruges to Destelbergen 05-02
Key points
from the 2025 annual accountsDebts
€261,966 ▲ 87.1%
Debts rose by €121,940 in 2025.
Investments
€385,311 5.5 × depreciation
Green is investment, beige is depreciation.
Filings
10 annual accounts 4 late
The 2019 accounts came latest: 101 days after the end of the period.
At the same address
13 companies
Position in the sector
-€106,925
Lower net result than 91% of companies in computing infrastructure and information services. Sector median €23,365 · 571 companies.
Equity +54%: capital increase
Checked score
69
Healthy
Financially stronger than 45% of micro companies in computing infrastructure and information services (NACE 63)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 2,947 companies (NACE 63, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 3.6%▲ +2.3 percentage points vs 02-2025
04-2025: 3.5%▼ -0.1 percentage points vs 03-2025
05-2025: 3.5%● unchanged vs 04-2025
06-2025: 3.6%▲ +0.1 percentage points vs 05-2025
07-2025: 3.9%▲ +0.3 percentage points vs 06-2025highest value
08-2025: 0.9%▼ -3.0 percentage points vs 07-2025
09-2025: 0.9%● unchanged vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 0.2%▼ -0.7 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.7%▲ +0.5 percentage points vs 07-2026
09-2026: 0.7%● unchanged vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Loss of €106,925 (financial year 2025)
1 change of registered office in 24 months
Liquidity: current ratio 0.61, cash €6,185, halved
lowers risk
Size: total assets €813,494
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 63, micro). It does better than 63% of them on solvency, 23% on liquidity, 14% on profitability and 80% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 376 companies had the same profile as FINOMARKER has now. Each dot is one company, two years later.
91.8%
were still trading
7.2%
stopped another way
0.8%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FINOMARKER itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 376 companies, not a prediction for FINOMARKER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.61 (0.71 in 2024), below 1. Short-term debt is 19.9% and cash 0.8% of total assets. 32.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €551,528
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
29 days late
2022
30 days late
2021
31 days late
2020
134 days early
2019
101 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- 2BE.ADVISED 34.7%equity €214,524 (2025) · 2025 annual accounts of 2BE.ADVISED
- Amotek Technologies 25%score 87equity €3.3m (2025) · 31-03-2025 annual accounts of Amotek Technologies
- Starfisk Group 13.32%equity €198,402 (2024) · 2024 annual accounts of Starfisk Group
Recent changes
Permanent representative: Jasper De Vis
Resignation: JDV Consult (director) · Gazette deed
Capital increase · Amendment of the articles
Capital from 863.668,21 to 1.001.560,00 · Capital from 676.560,00 to 863.668,21 · General meeting of 26-08-2026 · Gazette deed
Resignation: Starfisk Group (managing director)
Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0534440405
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FINOMARKER Destelbergen | €813,494 | €79,978 | 67.8% | - |
| VILNA GAON Hannut | €679,747 | €89,012 | 42.1% | - |
| COSTSAVE Roeselare | €668,724 | €100,008 | 45.3% | - |
| URA INVEST Ghent | €675,365 | €113,908 | 86.4% | - |
| JBR MANAGEMENT Uccle | €704,511 | €62,373 | 18.3% | - |
| 3L-NJ Solutions Ostend | €952,460 | €109,174 | 45.9% | - |
| KROSBOW Tongeren-Borgloon | €670,113 | €69,032 | 78.7% | - |
These companies have the same main activity as FINOMARKER: computing infrastructure, data processing, hosting and related activities (NACE 63100). They are comparable in size and age: total assets between €669,000 and €952,000, founded between 2009 and 2016.
Official details
Source: KBO- Status
- Active since 21-03-2013Normal situation
- Registered office
- 15 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Computing infrastructure, data processing, hosting and related activitiesNACE 63100and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2024
- Establishment unit
- 2.219.418.5949070 Destelbergen, since 18-05-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Annual accounts 2025
- ≈ €220,000estimated
- €813,494▲ 63.2%
- ≈ 1.7 FTEestimated
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on FINOMARKER
FINOMARKER files the abbreviated format. That format states no turnover. The gross margin rose from -€35,294 in 2016 to €79,978 in 2025.
In June 2022, the Official Gazette published the appointment of APIRIUM as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FINOMARKER
- What is the company number of FINOMARKER?
- The company number of FINOMARKER is 0534.440.405. The VAT number is the same number with BE in front: BE 0534.440.405.
- Where is FINOMARKER based?
- The registered office is at Dendermondesteenweg 530, 9070 Destelbergen.Company details
- What does FINOMARKER do?
- According to the KBO register, the main activity is computing infrastructure, data processing, hosting and related activities (NACE 63100).
- What is the legal form of FINOMARKER?
- FINOMARKER is a public limited company (NV).
- When was FINOMARKER founded?
- FINOMARKER was founded on 21-03-2013.
- Is FINOMARKER still active?
- Yes, FINOMARKER is an active enterprise in the KBO register.
- How many employees does FINOMARKER have?
- FINOMARKER had an average of 2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does FINOMARKER fall under?
- In its 2024 annual accounts, FINOMARKER states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of FINOMARKER?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €79,978 and 1,300 comparable companies of the same size. It probably lies between €140,000 and €430,000. It is a rough estimate.
- Is FINOMARKER profitable?
- In financial year 2025, FINOMARKER made a loss of €106,925.
- Where can I find the annual accounts of FINOMARKER?
- FINOMARKER filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FINOMARKER due?
- FINOMARKER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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