FINALE 24
FINALE 24 has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.01M and a net result of €120k. Equity is shrinking by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 26547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
| Equity | €1.01M |
| Net result | €120k |
| Better than sector | 95% |
| Active | 23 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 92.3% | 47.4% | |
| Net result | €120k | €10k | |
| Equity | €1.01M | €60k | |
| Gross operating margin | €221k | €39k | |
| Total assets | €1.10M | €141k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | full schema | full schema | full schema |
| Revenue | - | - | - | - | - |
| EBITDA | €219k | €302k | €917k | €849k | €393k |
| Net profit | €120k | €203k | €624k | €551k | €263k |
| Cash flow | €135k | €210k | €628k | €585k | €313k |
| Staff costs | - | €0 | €76k | €132k | €81k |
| Income taxes | €49k | €91k | €286k | €265k | €88k |
| Dividends | €26k | €833 | - | - | €200k |
| Total assets | €1.10M | €999k | €1.10M | €2.58M | €1.81M |
| Equity | €1.01M | €918k | €716k | €1.96M | €1.41M |
| Debt | €85k | €81k | €382k | €619k | €401k |
| of which ≤ 1y | €85k | €81k | €382k | €619k | €401k |
| of which > 1y | - | - | - | - | - |
| Working capital | €952k | €893k | €685k | €1.64M | €1.08M |
| Employees (FTE) | - | - | 1.0 | 2.8 | 2.2 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 12.25 | 12.02 | 2.79 | 3.65 | 3.71 |
| Quick ratio | 10.34 | 9.94 | 2.79 | 2.27 | 2.75 |
| Working capital ratio | 86.9% | 89.4% | 62.3% | 63.7% | 59.9% |
| Solvency | 92.3% | 91.9% | 65.2% | 76.0% | 77.8% |
| Debt / equity | 0.08 | 0.09 | 0.53 | 0.32 | 0.28 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 5.33 | 495.02 | 196.43 | 337.59 | 521.17 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 11.0% | 20.3% | 56.8% | 21.4% | 14.5% |
| ROE | 11.9% | 22.1% | 87.2% | 28.1% | 18.7% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.10M | €999k | €1.10M | €2.58M | €1.81M |
| Fixed assets | 21/28 | €59k | €25k | €32k | €315k | €324k |
| Tangible fixed assets | 22/27 | €59k | €25k | €32k | €315k | €324k |
| Financial fixed assets | 28 | €129 | €129 | €129 | €129 | €129 |
| Current assets | 29/58 | €1.04M | €974k | €1.07M | €2.26M | €1.49M |
| Stocks & contracts in progress | 3 | €162k | €169k | - | €858k | €383k |
| Amounts receivable within one year | 40/41 | €103k | €101k | €265k | €380k | €106k |
| Investments | 50/53 | €270k | €300k | - | - | - |
| Cash & bank | 54/58 | €498k | €402k | €799k | €1.02M | €993k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.10M | €999k | €1.10M | €2.58M | €1.81M |
| Equity | 10/15 | €1.01M | €918k | €716k | €1.96M | €1.41M |
| Contributions / capital | 10/11 | €478 | €478 | €478 | €10k | €10k |
| Reserves | 13 | €947k | €853k | €650k | €552k | €2k |
| Accumulated profits (losses) | 14 | €64k | €64k | €65k | €1.36M | €1.36M |
| Amounts payable | 17/49 | €85k | €81k | €382k | €619k | €401k |
| Amounts payable within one year | 42/48 | €85k | €81k | €382k | €619k | €401k |
| Trade debts payable within one year | 44 | €57k | €49k | €351k | €239k | €62k |
| Income statement | ||||||
| Gross operating margin | 9900 | €221k | €305k | €1.32M | €988k | €487k |
| Operating result | 9901 | €204k | €295k | €913k | €815k | €342k |
| Financial income | 75 | €7k | €34 | €2k | €3k | €10k |
| Financial charges | 65 | €41k | €610 | €5k | €3k | €753 |
| Result before taxes | 9903 | €170k | €294k | €910k | €816k | €351k |
| Income taxes | 67/77 | €49k | €91k | €286k | €265k | €88k |
| Net result for the period | 9904 | €120k | €203k | €624k | €551k | €263k |
| Result to be appropriated | 9905 | €120k | €203k | €624k | €551k | €263k |
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 11-12-2002 |
| Status | Active |
| Postal code | 4700 |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
23-05-2023 Registered office moved from Jalhay to Eupen
- 4845 Jalhay, route de Verviers 105 → 4700 Eupen, Textilstrasse, 8
Technical details
{
"events": [
{
"kind": "zetel_transfer_cross_border_in",
"seat_type": "siege_social",
"new_address": {
"raw": "4700 Eupen, Textilstrasse, 8",
"city": "Eupen",
"region": "waals_gewest",
"street": "Textilstrasse",
"country": "BE",
"postcode": "4700",
"box_number": null,
"street_number": "8",
"locality_suffix": null
},
"old_address": {
"raw": "4845 Jalhay, route de Verviers 105",
"city": "Jalhay",
"region": "waals_gewest",
"street": "route de Verviers",
"country": "BE",
"postcode": "4845",
"box_number": null,
"street_number": "105",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"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": "not_specified",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Anne-Catherine GOBLET",
"firm_city": null,
"firm_name": "RAXHON \u0026 GOBLET-notaires, associ\u00E9s",
"office_city": "Verviers",
"is_associated": true
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-05-23",
"filing_date": "2023-05-12",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e g\u00E9n\u00E9rale extraordinaire",
"date": "2023-05-12",
"unanimous": true
},
"subject_company": {
"kbo": "0478.992.829",
"name_full": "FINALE 24",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": []
}| Legal nameFR | FINALE 24 |