Active BE 0760.700.427Private limited company

Finalions

Bosschaert de Bouwellei 24 ·2900 Schoten, Belgium· 5 yrs active

Sector: Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen (68203)

Conclusion Checked

The computed 12-month bankruptcy probability of Finalions is 0.5% (very low). The 2024 annual accounts show equity of €33.79M and a net result of €19.13M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 92% of 776 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€33.79M
Net result	€19.13M
Better than sector	92%
Active	5 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

82 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 73

Profitability 67

Solvency 100

Growth 78

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

0.5% Very low

0%0,5%1,5%4%10%≥25%

Young company +Lower-failure-rate sector −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2020, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

73 / 100 Healthy

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview4 NBB filings

Annual accounts filed on 14-07-2025 with the NBB · fiscal year 2024 · volledig

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

volatile Too volatile to project: the yearly deviation from the trend is ~35% of the level (threshold 35%). We therefore deliberately show no projection line.

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).

Sector comparison

Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	93.5%	16.5%	better than 92% of 776 sector peers
Net result	€19.13M	€-2k	better than 95% of 774 sector peers
Equity	€33.79M	€136k	better than 95% of 776 sector peers
Total assets	€36.13M	€1.72M	better than 94% of 776 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€154k

- 21-24

EBITDA

€-76k

- 21-24

Net profit

€19.13M

+10158.8% 21-24

Cash flow

€19.25M

+6232.2% 21-24

Total assets

€36.13M

+183.9% 21-24

Equity

€33.79M

+219.5% 21-24

Working capital

€23.60M

+178.5% 21-24

Income taxes

€94k

- 21-24

Debt

€2.35M

+9.1% 21-24

Debt ≤ 1y

€231k

+569.6% 21-24

Debt > 1y

€2.12M

0.0% 21-24

Current ratio

103.14

-58.2% 21-24

Quick ratio

103.14

-58.2% 21-24

Solvency

93.5%

+12.5% 21-24

Debt / equity

0.07

-65.8% 21-24

ROE

56.6%

+3111.3% 21-24

ROA

52.9%

+3513.1% 21-24

Net margin

12456.9%

- 21-24

EBITDA margin

-49.7%

- 21-24

Interest coverage

-4.32

-284.3% 21-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	volledig
Revenue	€154k
EBITDA	€-76k
Net profit	€19.13M
Cash flow	€19.25M
Staff costs	-
Income taxes	€94k
Dividends	-
Total assets	€36.13M
Equity	€33.79M
Debt	€2.35M
of which ≤ 1y	€231k
of which > 1y	€2.12M
Working capital	€23.60M
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	103.14
Quick ratio	103.14
Working capital ratio	65.3%
Solvency	93.5%
Debt / equity	0.07
Long-term debt ratio	0.06
Interest coverage	-4.32
Gross margin	-
Net margin	12456.9%
ROA	52.9%
ROE	56.6%
EBITDA margin	-49.7%
Days sales outstanding	267d
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €12.30M · 34.0% Current assets €23.83M · 66.0%

Equity & liabilities

Equity €33.79M · 93.5% Debt €2.35M · 6.5%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€36.13M
Fixed assets	21/28	€12.30M
Tangible fixed assets	22/27	€4.41M
Financial fixed assets	28	€7.89M
Current assets	29/58	€23.83M
Stocks & contracts in progress	3	€0
Amounts receivable within one year	40/41	€2.95M
Investments	50/53	€17.32M
Cash & bank	54/58	€848k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€36.13M
Equity	10/15	€33.79M
Contributions / capital	10/11	€15.31M
Reserves	13	€18.48M
Accumulated profits (losses)	14	€0
Amounts payable	17/49	€2.35M
Amounts payable after one year	17	€2.12M
Amounts payable within one year	42/48	€231k
Trade debts payable within one year	44	€24k
Income statement
Turnover	70	€154k
Operating result	9901	€-201k
Financial income	75	€19.61M
Financial charges	65	€183k
Result before taxes	9903	€19.22M
Income taxes	67/77	€94k
Net result for the period	9904	€19.13M
Result to be appropriated	9905	€19.13M

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen(68203)
Legal form	Private limited company(610)
Incorporation	30-12-2020
Status	Active
Postal code	2900

Establishment units 1 location

Finalions

Bosschaert de Bouwellei 24, 2900 SchotenOp lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven uit verscheidene economische sectoren...

since 20202.315.973.285

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11040D0143/00Y003	Flanders	1,982 m²	1 · 243 m²	9.6 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

14-07-2025

NBB filing Annual accounts filed

fiscal year 2024 · volledig

27-01-2025

State Gazette act Capital & shares

Frank Liesse

2024

01-07-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

2023

08-08-2023

State Gazette act Capital & shares

Ellen VERHAERT

24-07-2023

NBB filing Annual accounts filed

fiscal year 2022 · verkort

2022

30-06-2022

NBB filing Annual accounts filed

fiscal year 2021 · verkort

Belgisch Staatsblad, acts 2 acts

Capital history · 2

27-01-2025

Capital change

08-08-2023

Capital change

All acts · 2 updated 1 year ago

2025

27-01-2025 All shares are now held by a single shareholder Capital & shares·Frank Liesse

Notary: Frank Liesse · AntwerpenFirm: Celis & Liesse, geassocieerde notarissen

Original publication ↗

Technical details

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2023

08-08-2023 Capital increase of €4,000,000 Capital & shares·Ellen VERHAERT

Inbreng in geld · Apport en numéraire

Notary: Ellen VERHAERT · AntwerpenFirm: Ellen VERHAERT, Notarisvennootschap

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

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Company registry (CBE) Crossroads Bank

Activities

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen68203Activiteiten van holdings64210Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201

Primary activity highlighted.

Names & trade names

Legal nameNL

Finalions

Registered office

Bosschaert de Bouwellei 24

2900 Schoten, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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