Finalions
ActiveSummary
Finalions has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34.0m and a net result of €169,497. Equity is growing by ~67% per year across the filed fiscal years. Its solvency ranks better than 90% of 4613 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability19▼-14
Solvency100=
Growth85▲+7
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
short-term debt: 0.4% and cash: 0.8% of total assets, and 6.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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
93.8%
Return on assets
0.5%
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 13-07-2026, 18 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
18 d early
2024
17 d early
2023
30 d early
2022
7 d early
2021
31 d early
← 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 21 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 13 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#1 company by equity in Schoten, Real estate sector#2 company by total assets in Schoten, Real estate sector
Turnover
€247,580▲ 61.2%
2024 · €153,552
EBIT margin
-114.4%▲ 16.8pp
2024 · -131.1%
Net result
€169,497▼ 99.1%
2024 · €19.1m
Working capital
€21.9m▼ 7.4%
2024 · €23.6m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate 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
Turnover€153,552€247,580▲ 61.2%
Operating result-€124,021--€197,803▼ 59.5%-€77,020▲ 61.1%-€201,338▼ 161%-€283,136▼ 40.6%
Net result-€150,601below the sector's middle half--€675,928below the sector's middle half▼ 349%€186,453above the sector's middle half€19.1mabove the sector's middle half▲ 10,159%€169,497within the sector's middle half▼ 99.1%
EBIT margin-131.1%-114.4%▲ 16.8pp
Equity€7.1mabove the sector's middle half-€6.4mabove the sector's middle half▼ 9.6%€10.6mabove the sector's middle half▲ 65.5%€33.8mabove the sector's middle half▲ 219%€34.0mabove the sector's middle half▲ 0.5%
Total assets€9.2mabove the sector's middle half-€10.0mabove the sector's middle half▲ 8.3%€12.7mabove the sector's middle half▲ 27.1%€36.1mabove the sector's middle half▲ 184%€36.2mabove the sector's middle half▲ 0.2%
Debt€2.2m-€3.6m▲ 66.3%€2.1m▼ 40.7%€2.3m▲ 9.1%€2.3m▼ 4.0%
Working capital€6.1mabove the sector's middle half-€5.4mabove the sector's middle half▼ 12.3%€8.5mabove the sector's middle half▲ 57.8%€23.6mabove the sector's middle half▲ 179%€21.9mabove the sector's middle half▼ 7.4%
Solvency76.4%above the sector's middle half-63.8%above the sector's middle half▼ 12.6pp83.1%above the sector's middle half▲ 19.3pp93.5%above the sector's middle half▲ 10.4pp93.8%above the sector's middle half▲ 0.3pp
Current ratio70.15above the sector's middle half
Return on assets (ROA)-1.6%below the sector's middle half--6.7%below the sector's middle half▼ 5.1pp1.5%within the sector's middle half▲ 8.2pp52.9%above the sector's middle half▲ 51.5pp0.5%within the sector's middle half▼ 52.5pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2024 Net result +10,159% on 2023. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €283,136 in 2025 against €201,338 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36.2m
Fixed assets
€14.2m ▲ 15.6%
Current assets
€22.0m ▼ 7.7%
Equity and liabilities €36.2m
Equity
€34.0m ▲ 0.5%
Debt
€2.3m ▼ 4.0%
Debt's share of the balance-sheet total falls from 6.5% to 6.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
-€68,263▲
2024 · -€76,260
Cash flow
€384,371▼
2024 · €19.3m
Debt to equity
0.07▼
2024 · 0.07
ROE
0.5%▼
2024 · 56.6%
Debt ≤ 1 year
€137,462▼
2024 · €231,097
Debt > 1 year
€2.1m=
2024 · €2.1m
Income taxes
€105,694▲
2024 · €94,115
A ratio outside any meaningful range has been withheld (balance sheet total €36.2m, equity €34.0m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 720 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Large
- solvency 30% or more
- a profit under 5% of the balance sheet
- without age
0.6%
went bankrupt
4.3%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 720 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 |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €174,193 | €269,390 | ▲ 54.6% |
| Turnover70 | - | - | - | €153,552 | €247,580 | ▲ 61.2% |
| Other operating income74 | - | - | - | €20,642 | €21,810 | ▲ 5.7% |
| Operating charges60/66A | - | - | - | €375,531 | €552,526 | ▲ 47.1% |
| Services and other goods61 | - | - | - | €230,683 | €320,001 | ▲ 38.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €97,806 | €96,975 | €117,592 | €125,078 | €214,874 | ▲ 71.8% |
| Other operating charges640/8 | €1,630 | €60,324 | €16,428 | €19,770 | €17,651 | ▼ 10.7% |
| Gross operating margin9900 | -€24,585 | -€40,505 | €57,000 | - | - | - |
| Operating profit (loss)9901 | -€124,021 | -€197,803 | -€77,020 | -€201,338 | -€283,136 | ▼ 40.6% |
| Financial income75/76B | €35,758 | €119,145 | €227,371 | €19.6m | €717,890 | ▼ 96.3% |
| Recurring financial income75 | €35,758 | €119,145 | €227,371 | €19.6m | €717,890 | ▼ 96.3% |
| Income from financial fixed assets750 | - | - | - | €58,654 | €148,510 | ▲ 153% |
| Income from current assets751 | - | - | - | €412,891 | €340,939 | ▼ 17.4% |
| Other financial income752/9 | - | - | - | €19.1m | €228,442 | ▼ 98.8% |
| Financial charges65/66B | €62,029 | €597,580 | -€36,102 | €182,641 | €159,563 | ▼ 12.6% |
| Recurring financial charges65 | €62,029 | €597,580 | -€36,102 | €182,641 | €159,563 | ▼ 12.6% |
| Debt charges650 | - | - | - | €17,657 | €0 | ▼ 100% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | €25,410 | €97,554 | ▲ 284% |
| Other financial charges652/9 | - | - | - | €139,574 | €62,008 | ▼ 55.6% |
| Profit (loss) for the period before taxes9903 | -€150,292 | -€676,238 | €186,453 | €19.2m | €275,191 | ▼ 98.6% |
| Income taxes67/77 | €309 | -€309 | €0 | €94,115 | €105,694 | ▲ 12.3% |
| Taxes670/3 | - | - | - | €94,115 | €112,303 | ▲ 19.3% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €6,609 | - |
| Profit (loss) for the period9904 | -€150,601 | -€675,928 | €186,453 | €19.1m | €169,497 | ▼ 99.1% |
| Profit (loss) for the period to be appropriated9905 | -€150,601 | -€675,928 | €186,453 | €19.1m | €169,497 | ▼ 99.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.2m | €10.0m | €12.7m | €36.1m | €36.2m | ▲ 0.2% |
| Fixed assets21/28 | €3.1m | €4.6m | €4.2m | €12.3m | €14.2m | ▲ 15.6% |
| Tangible fixed assets22/27 | €2.8m | €4.0m | €4.2m | €4.4m | €6.0m | ▲ 36.0% |
| Land and buildings22 | €2.7m | €3.9m | €4.2m | €4.3m | €5.9m | ▲ 37.2% |
| Furniture and vehicles24 | €43,112 | €51,663 | €38,814 | €82,212 | €56,649 | ▼ 31.1% |
| Other tangible fixed assets26 | - | €3,488 | €3,488 | €7,008 | €14,568 | ▲ 108% |
| Financial fixed assets28 | €300,000 | €600,000 | €0 | €7.9m | €8.2m | ▲ 4.2% |
| Companies linked by participating interests282/3 | - | - | - | €7.9m | €8.2m | ▲ 4.2% |
| Participating interests282 | - | - | - | €7.9m | €8.2m | ▲ 4.2% |
| Current assets29/58 | €6.2m | €5.4m | €8.5m | €23.8m | €22.0m | ▼ 7.7% |
| Amounts receivable after more than one year29 | - | - | €760,000 | €2.7m | €3.1m | ▲ 13.0% |
| Other amounts receivable291 | - | - | €760,000 | €2.7m | €3.1m | ▲ 13.0% |
| Stocks and contracts in progress3 | - | - | - | €0 | €0 | - |
| Amounts receivable within one year40/41 | €158,129 | €561,321 | €1.3m | €2.9m | €4.2m | ▲ 40.8% |
| Trade receivables40 | - | €35 | €3,678 | €112,309 | €292,204 | ▲ 160% |
| Other amounts receivable41 | €158,129 | €561,286 | €1.3m | €2.8m | €3.9m | ▲ 36.1% |
| Current investments50/53 | €5.9m | €4.7m | €5.5m | €17.3m | €14.5m | ▼ 16.5% |
| Other investments51/53 | - | - | - | €17.3m | €14.5m | ▼ 16.5% |
| Cash at bank and in hand54/58 | €151,963 | €136,406 | €923,100 | €847,722 | €306,360 | ▼ 63.9% |
| Deferred charges and accrued income490/1 | €1,435 | €3,317 | €9,206 | €2,886 | €5,246 | ▲ 81.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.2m | €10.0m | €12.7m | €36.1m | €36.2m | ▲ 0.2% |
| Equity10/15 | €7.1m | €6.4m | €10.6m | €33.8m | €34.0m | ▲ 0.5% |
| Contributions10/11 | €7.2m | €7.2m | €11.2m | €15.3m | €15.3m | = |
| Reserves13 | - | - | - | €18.5m | €18.6m | ▲ 0.9% |
| Distributable reserves133 | - | - | - | €18.5m | €18.6m | ▲ 0.9% |
| Profit (loss) carried forward14 | -€150,601 | -€826,530 | -€640,076 | €0 | - | - |
| Amounts payable17/49 | €2.2m | €3.6m | €2.1m | €2.3m | €2.3m | ▼ 4.0% |
| Amounts payable after more than one year17 | €2.1m | €3.5m | €2.1m | €2.1m | €2.1m | = |
| Financial debts170/4 | €2.1m | €3.5m | €2.1m | €2.1m | €2.1m | = |
| Credit institutions173 | - | - | - | €2.1m | €2.1m | = |
| Amounts payable within one year42/48 | €59,697 | €77,672 | €34,513 | €231,097 | €137,462 | ▼ 40.5% |
| Trade debts44 | €5,997 | €3,089 | €25,931 | €24,244 | €110,900 | ▲ 357% |
| Suppliers440/4 | €5,997 | €3,089 | €25,931 | €24,244 | €110,900 | ▲ 357% |
| Advances received on contracts in progress46 | - | €26,452 | €7,437 | €9,485 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | - | €26,562 | - |
| Taxes450/3 | - | - | - | - | €26,562 | - |
| Other amounts payable47/48 | €53,699 | €48,131 | €1,145 | €197,368 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€150,601 | -€675,928 | €186,453 | €19.1m | €169,497 | ▼ 99.1% |
| + Depreciation and write-downs630 | €97,806 | €96,975 | €117,592 | €125,078 | €214,874 | ▲ 71.8% |
| Operating cash flow (approximation) | -€52,795 | -€578,954 | €304,046 | €19.3m | €384,371 | ▼ 98.0% |
| Investment in fixed assets (approximation) | - | -€1.6m | €232,900 | -€8.2m | -€2.1m | ▲ 74.0% |
| Change in cash | - | -€15,557 | €786,693 | -€75,378 | -€541,362 | ▼ 618% |
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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2021net €19.1m ▲10,159%
Net result €19.1m, the highest in the series.
31-12
Financial
Equity above €25mEq €33.8m ▲219%
2 profitable years in a row build equity to €33.8m.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €186,453
Net result €186,453 after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 246.54
Current ratio from 70.15 to 246.54; short-term debt falls from €77,672 to €34,513.
31-12
Financial
Equity above €10mEq €10.6m ▲65.5%
Equity rises from €6.4m to €10.6m.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€675,928
Net result drops to -€675,928, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
4 acts for this company are 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, Schoten · 1 establishment unit since 2020
Ground area
1,982 m²
Building footprint
243 m²
Volume, LiDAR
1,570 m³
Parcel 11040D0143/00Y003, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Finalions
since 20202.315.973.285
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0143/00Y003 | Flanders | 1,982 m² | 1 · 243 m² | 9.6 m · 2 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
Owners and holdings
1 owner · 1 holdingOwners 1
- Sourceown accounts 2025share not stated
Holdings 1
-
28%
According to the 2025 annual accounts of Finalions and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
894500GDK5UVD00VW315
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Of 12,042 companies in sector 68203 we hold annual accounts for 6,005. 804 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
Founded30-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0760700427
Also
9925:BE0760700427
Registered
19-05-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.