FINADEL
ActiveSummary
FINADEL has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,113 and a net result of €64,629. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency53▲+15
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.13 in 2024; short-term debt: 71.6% and cash: 58.7% of total assets), and 71.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.4%
Return on assets
101.2%
Age of the figures
9 mo
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 14-07-2026, 17 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
17 d early
2024
34 d early
2023
23 d late
2022
1 d late
2021
19 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 1 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€18,113▼ 45.9%
2024 · €33,485
Total assets
€63,844▼ 74.7%
2024 · €252,242
Net result
€64,629▲ 4.0%
2024 · €62,114
Working capital
€14,806▼ 49.3%
2024 · €29,226
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€36,197-€114,383▲ 216%€76,276▼ 33.3%€74,469▼ 2.4%€83,019▲ 11.5%
Net result€28,707within the sector's middle half-€90,066above the sector's middle half▲ 214%€61,362above the sector's middle half▼ 31.9%€62,114above the sector's middle half▲ 1.2%€64,629above the sector's middle half▲ 4.0%
Equity€31,707within the sector's middle half-€121,773within the sector's middle half▲ 284%€183,135above the sector's middle half▲ 50.4%€33,485within the sector's middle half▼ 81.7%€18,113within the sector's middle half▼ 45.9%
Total assets€38,374below the sector's middle half-€130,939within the sector's middle half▲ 241%€190,975within the sector's middle half▲ 45.9%€252,242within the sector's middle half▲ 32.1%€63,844within the sector's middle half▼ 74.7%
Debt€6,667-€9,166▲ 37.5%€7,840▼ 14.5%€218,757▲ 2,690%€45,731▼ 79.1%
Working capital€28,084within the sector's middle half-€118,520above the sector's middle half▲ 322%€180,288above the sector's middle half▲ 52.1%€29,226within the sector's middle half▼ 83.8%€14,806within the sector's middle half▼ 49.3%
Solvency82.6%above the sector's middle half-93.0%above the sector's middle half▲ 10.4pp95.9%above the sector's middle half▲ 2.9pp13.3%below the sector's middle half▼ 82.6pp28.4%within the sector's middle half▲ 15.1pp
Current ratio5.21above the sector's middle half-13.93above the sector's middle half▲ 8.7224.00above the sector's middle half▲ 10.071.13within the sector's middle half▼ 22.861.32within the sector's middle half▲ 0.19
Return on assets (ROA)74.8%above the sector's middle half-68.8%above the sector's middle half▼ 6.0pp32.1%above the sector's middle half▼ 36.7pp24.6%within the sector's middle half▼ 7.5pp101.2%above the sector's middle half▲ 76.6pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support 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.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63,844
Fixed assets
€3,307 ▼ 22.3%
Current assets
€60,537 ▼ 75.6%
Equity and liabilities €63,844
Equity
€18,113 ▼ 45.9%
Debt
€45,731 ▼ 79.1%
Debt's share of the balance-sheet total falls from 86.7% to 71.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€85,480▲
2024 · €76,543
Cash flow
€67,090▲
2024 · €64,188
Debt to equity
2.52▼
2024 · 6.53
ROE
356.8%▲
2024 · 185.5%
Interest coverage
838.21▼
2024 · 1391.69
Debt ≤ 1 year
€45,731▼
2024 · €218,757
Income taxes
€24,003▲
2024 · €15,891
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,713 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,263 | €1,114 | €1,166 | €2,074 | €2,461 | ▲ 18.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €2 | - | - | - | - | - |
| Other operating charges640/8 | €50 | €147 | €356 | €545 | €559 | ▲ 2.6% |
| Gross operating margin9900 | €37,512 | €115,644 | €77,798 | €77,088 | €86,040 | ▲ 11.6% |
| Operating profit (loss)9901 | €36,197 | €114,383 | €76,276 | €74,469 | €83,019 | ▲ 11.5% |
| Financial income75/76B | - | - | €1,455 | €3,591 | €5,715 | ▲ 59.1% |
| Recurring financial income75 | - | - | €1,455 | €3,591 | €5,715 | ▲ 59.1% |
| Financial charges65/66B | €100 | €92 | €121 | €55 | €102 | ▲ 85.4% |
| Recurring financial charges65 | €100 | €92 | €121 | €55 | €102 | ▲ 85.4% |
| Profit (loss) for the period before taxes9903 | €36,097 | €114,292 | €77,610 | €78,005 | €88,632 | ▲ 13.6% |
| Income taxes67/77 | €7,390 | €24,226 | €16,248 | €15,891 | €24,003 | ▲ 51.1% |
| Profit (loss) for the period9904 | €28,707 | €90,066 | €61,362 | €62,114 | €64,629 | ▲ 4.0% |
| Profit (loss) for the period to be appropriated9905 | €28,707 | €90,066 | €61,362 | €62,114 | €64,629 | ▲ 4.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €38,374 | €130,939 | €190,975 | €252,242 | €63,844 | ▼ 74.7% |
| Fixed assets21/28 | €3,623 | €3,253 | €2,847 | €4,259 | €3,307 | ▼ 22.3% |
| Tangible fixed assets22/27 | €3,623 | €3,253 | €2,847 | €4,259 | €3,307 | ▼ 22.3% |
| Plant, machinery and equipment23 | €3,623 | €3,253 | €2,847 | - | - | - |
| Furniture and vehicles24 | - | - | - | €4,259 | €3,307 | ▼ 22.3% |
| Current assets29/58 | €34,751 | €127,686 | €188,128 | €247,983 | €60,537 | ▼ 75.6% |
| Amounts receivable within one year40/41 | €14,943 | €14,555 | €15,024 | €27,456 | €21,796 | ▼ 20.6% |
| Trade receivables40 | €14,793 | €14,555 | €12,486 | €13,843 | €20,041 | ▲ 44.8% |
| Other amounts receivable41 | €150 | - | €2,538 | €13,614 | €1,755 | ▼ 87.1% |
| Current investments50/53 | - | - | €100,000 | €178,000 | - | - |
| Cash at bank and in hand54/58 | €19,808 | €112,824 | €72,782 | €41,271 | €37,478 | ▼ 9.2% |
| Deferred charges and accrued income490/1 | - | €307 | €322 | €1,256 | €1,262 | ▲ 0.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €38,374 | €130,939 | €190,975 | €252,242 | €63,844 | ▼ 74.7% |
| Equity10/15 | €31,707 | €121,773 | €183,135 | €33,485 | €18,113 | ▼ 45.9% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €28,707 | €118,773 | €180,135 | €30,485 | €15,113 | ▼ 50.4% |
| Amounts payable17/49 | €6,667 | €9,166 | €7,840 | €218,757 | €45,731 | ▼ 79.1% |
| Amounts payable within one year42/48 | €6,667 | €9,166 | €7,840 | €218,757 | €45,731 | ▼ 79.1% |
| Financial debts43 | €1,009 | €14 | €291 | - | €450 | - |
| Credit institutions430/8 | €1,009 | €14 | €291 | - | €450 | - |
| Trade debts44 | - | €158 | €479 | €69 | €804 | ▲ 1,066% |
| Suppliers440/4 | - | €158 | €479 | €69 | €804 | ▲ 1,066% |
| Taxes, remuneration and social security45 | €5,658 | €8,994 | €7,070 | €6,923 | €8,393 | ▲ 21.2% |
| Taxes450/3 | €5,658 | €8,994 | €7,070 | €6,923 | €8,393 | ▲ 21.2% |
| Other amounts payable47/48 | - | - | - | €211,765 | €36,083 | ▼ 83.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,707 | €90,066 | €61,362 | €62,114 | €64,629 | ▲ 4.0% |
| + Depreciation and write-downs630 | €1,263 | €1,114 | €1,166 | €2,074 | €2,461 | ▲ 18.7% |
| Operating cash flow (approximation) | €29,970 | €91,180 | €62,529 | €64,188 | €67,090 | ▲ 4.5% |
| Investment in fixed assets (approximation) | - | -€744 | -€760 | -€3,485 | -€1,510 | ▲ 56.7% |
| Change in cash | - | €93,016 | -€40,043 | -€31,511 | -€3,792 | ▲ 88.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-12
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
15-12
State Gazette act
General meeting · Director resignation
Permanent representative · Director discharge
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
07-05
State Gazette act
General meeting · Director appointment
Mandate confirmation · Ratification
2023
31-12
Financial
Equity above €150,000Eq €183,135 ▲50.4%
3 profitable years in a row build equity to €183,135.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
31-12
Financial
Highest result since 2021net €90,066 ▲214%
Operating result €114,383, net result €90,066, both a record.
31-12
Financial
Liquidity triplescurrent ratio 13.93
Current ratio from 5.21 to 13.93.
31-12
Financial
Equity above €100,000Eq €121,773 ▲284%
2 profitable years in a row build equity to €121,773.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2021
Ground area
122 m²
Building footprint
71 m²
Volume, LiDAR
679 m³
Parcel 21612C0056/02N063, Brussels · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
FINADEL SRL
since 20212.311.727.160
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0056/02N063 | Brussels | 122 m² | 1 · 71 m² | 13.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
30 locations
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Of 24,518 companies in sector 82990 we hold annual accounts for 9,421. 5,651 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0760984992
Also
9925:BE0760984992
Registered
20-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.