Finadon
Finadon is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2023 annual accounts show negative equity (€-954) and a net result of €-954. Its solvency ranks better than 5% of 608 sector peers (fiscal year 2023). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-954 |
| Net result | €-954 |
| Better than sector | 5% |
| Active | 3 yrs |
Mixed profile: strong on profitability, weaker on health.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -23.5% | 38.1% | |
| Net result | €-954 | €23k | |
| Equity | €-954 | €51k | |
| Gross operating margin | €52 | €67k | |
| Staff costs | €461 | €70k |
| Fiscal year | 2023 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €-954 |
| Cash flow | n/a |
| Staff costs | €461 |
| Income taxes | - |
| Dividends | - |
| Total assets | €4k |
| Equity | €-954 |
| Debt | €5k |
| of which ≤ 1y | €5k |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | -23.5% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | -23.5% |
| ROE | 100.0% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4k |
| Fixed assets | 21/28 | €4k |
| Tangible fixed assets | 22/27 | €3k |
| Financial fixed assets | 28 | €500 |
| Current assets | 29/58 | €421 |
| Amounts receivable within one year | 40/41 | €106 |
| Cash & bank | 54/58 | €315 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4k |
| Equity | 10/15 | €-954 |
| Accumulated profits (losses) | 14 | €-954 |
| Amounts payable | 17/49 | €5k |
| Amounts payable within one year | 42/48 | €5k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €52 |
| Operating result | 9901 | €-733 |
| Financial charges | 65 | €221 |
| Result before taxes | 9903 | €-954 |
| Net result for the period | 9904 | €-954 |
| Result to be appropriated | 9905 | €-954 |
| NACE primary | 66300 |
| Legal form | Private limited company(610) |
| Incorporation | 28-11-2022 |
| Status | Active |
| Postal code | - |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13052A0040/00L002 | Flanders | 619 m² | 1 · 83 m² | 5.9 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
12-04-2024 Registered office moved from Herentals to Westerlo
- 2200 Herentals, Diamantstraat 8 bus 281 → 2260 Westerlo, Olenseweg 9
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "2260 Westerlo, Olenseweg 9",
"city": "Westerlo",
"region": "vlaams_gewest",
"street": "Olenseweg",
"country": "BE",
"postcode": "2260",
"box_number": null,
"street_number": "9",
"locality_suffix": null
},
"old_address": {
"raw": "2200 Herentals, Diamantstraat 8 bus 281",
"city": "Herentals",
"region": "vlaams_gewest",
"street": "Diamantstraat",
"country": "BE",
"postcode": "2200",
"box_number": "281",
"street_number": "8",
"locality_suffix": null
},
"effective_date": "2024-03-01",
"evidence_quote": "Uittreksel uit de notulen van de vergadering van de enige bestuurder gehouden op 08 maart 2024 te 2200 Herentals, Diamantstraat 8 bus 281: De zetel van de vennootschap is sedert 1/03/2024 verplaatst van 2200 Herentals, Diamantstraat 8 bus 281 naar 2260 Westerlo, Olenseweg 9 bij beslissing van de bes",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-04-12",
"filing_date": "2024-04-03",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enige_bestuurder",
"date": "2024-03-08",
"unanimous": null
},
"subject_company": {
"kbo": "0794.154.737",
"name_full": "Finadon",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Caroline Piedfort",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Finadon |