FINALYSE
ActiveSummary
FINALYSE has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €220,789 and a net result of €542,666. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 3221 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+87
Solvency31▲+19
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity tight (current ratio 1.29 against 0.99 in 2024; short-term debt: 75.3% and cash: 0.6% of total assets), and 94.1% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
5.9%
Return on assets
14.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 3221 sector peers (2025).
NBB · sector comparisonPosition among 3221 sector peers
Solvency
better than 12%
← weakest
strongest →
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
37 d early
2023
6 d early
2022
67 d early
2021
61 d early
2020
32 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#5 fastest grower in Sint-Joost-ten-Node, Professional and technical services sector#7 employer in Sint-Joost-ten-Node, Professional and technical services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€542,666
2024 · -€678,809
Working capital
€817,506
2024 · -€16,682
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€166,140▼ 46.6%€37,592▼ 77.4%€45,052▲ 19.8%-€679,726€553,772
Net result€129,563▼ 47.0%-€463-€7,887▼ 1,603%-€678,809▼ 8,507%€542,666
Equity€365,282▲ 55.0%€364,819▼ 0.1%€356,932▼ 2.2%-€321,877€220,789
Total assets€2.9m▲ 5.6%€2.7m▼ 4.1%€3.3m▲ 20.7%€2.4m▼ 26.3%€3.7m▲ 52.0%
Debt€2.5m▲ 0.9%€2.4m▼ 4.7%€3.0m▲ 24.2%€2.8m▼ 6.5%€3.4m▲ 24.6%
Working capital€615,405▲ 49.0%€759,292▲ 23.4%€661,784▼ 12.8%-€16,682€817,506
Staff (FTE)35.6▼ 1.7%39.5▲ 11.0%43.1▲ 9.1%50.6▲ 17.4%52.9▲ 4.5%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €553,772 after a loss of €679,726 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.7m
Fixed assets
€101,020 ▼ 30.3%
Current assets
€3.6m ▲ 57.2%
Equity and liabilities €3.7m
Equity
€220,789
Provisions
€50,000
Debt
€3.4m
Debt finances 92.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€598,861▲
2024 · -€626,506
Cash flow
€587,755▲
2024 · -€625,589
Current ratio
1.29▲
2024 · 0.99
Debt to equity
15.61▲
2024 · -8.60
ROE
245.8%
ROA
14.6%▲
2024 · -27.8%
Interest coverage
10.57▲
2024 · -9.25
Debt ≤ 1 year
€2.8m▲
2024 · €2.3m
Debt > 1 year
€50,154▼
2024 · €84,873
Income taxes
€1,558▲
2024 · -€1,203
Staff costs
€4.2m▲
2024 · €4.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 164 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- solvency under 10%
- a profit of 5% of the balance sheet or more
- without age
1.2%
went bankrupt
1.8%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 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% | 1.6% |
| 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 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 164 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2.6m | €3.3m | €3.6m | €4.2m | €4.2m | ▲ 1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €63,419 | €63,257 | €61,024 | €53,220 | €45,089 | ▼ 15.3% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €50,000 | - |
| Other operating charges640/8 | €45,428 | €45,157 | €63,220 | €50,041 | €26,583 | ▼ 46.9% |
| Gross operating margin9900 | €2.9m | €3.4m | €3.7m | €3.6m | €4.9m | ▲ 36.1% |
| Operating profit (loss)9901 | €166,140 | €37,592 | €45,052 | -€679,726 | €553,772 | ▲ 181% |
| Financial income75/76B | €19,416 | €19,938 | €30,517 | €67,436 | €47,095 | ▼ 30.2% |
| Recurring financial income75 | €19,416 | €19,938 | €30,517 | €67,436 | €47,095 | ▼ 30.2% |
| Financial charges65/66B | €31,486 | €28,464 | €57,662 | €67,722 | €56,643 | ▼ 16.4% |
| Recurring financial charges65 | €31,486 | €28,464 | €57,662 | €67,722 | €56,643 | ▼ 16.4% |
| Profit (loss) for the period before taxes9903 | €154,070 | €29,066 | €17,907 | -€680,012 | €544,224 | ▲ 180% |
| Income taxes67/77 | €24,507 | €29,529 | €25,794 | -€1,203 | €1,558 | ▲ 230% |
| Profit (loss) for the period9904 | €129,563 | -€463 | -€7,887 | -€678,809 | €542,666 | ▲ 180% |
| Profit (loss) for the period to be appropriated9905 | €129,563 | -€463 | -€7,887 | -€678,809 | €542,666 | ▲ 180% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.9m | €2.7m | €3.3m | €2.4m | €3.7m | ▲ 52.0% |
| Fixed assets21/28 | €293,613 | €243,872 | €197,131 | €144,953 | €101,020 | ▼ 30.3% |
| Tangible fixed assets22/27 | €286,271 | €236,530 | €194,079 | €141,901 | €97,968 | ▼ 31.0% |
| Furniture and vehicles24 | €54,849 | €39,800 | €32,041 | €14,258 | €4,133 | ▼ 71.0% |
| Other tangible fixed assets26 | €231,422 | €196,730 | €162,038 | €127,643 | €93,835 | ▼ 26.5% |
| Financial fixed assets28 | €7,342 | €7,342 | €3,052 | €3,052 | €3,052 | = |
| Current assets29/58 | €2.6m | €2.5m | €3.1m | €2.3m | €3.6m | ▲ 57.2% |
| Amounts receivable after more than one year29 | €1.0m | €500,000 | €1.5m | €760,000 | €1.6m | ▲ 108% |
| Other amounts receivable291 | €1.0m | €500,000 | €1.5m | €760,000 | €1.6m | ▲ 108% |
| Amounts receivable within one year40/41 | €1.4m | €1.7m | €1.5m | €1.5m | €1.9m | ▲ 29.4% |
| Trade receivables40 | €1.3m | €1.7m | €1.5m | €1.5m | €1.9m | ▲ 29.4% |
| Other amounts receivable41 | €39,246 | €32,072 | €21,793 | - | - | - |
| Cash at bank and in hand54/58 | €160,200 | €229,705 | €44,341 | €13,555 | €21,258 | ▲ 56.8% |
| Deferred charges and accrued income490/1 | €51,905 | €61,863 | €40,553 | €31,934 | €81,652 | ▲ 156% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.9m | €2.7m | €3.3m | €2.4m | €3.7m | ▲ 52.0% |
| Equity10/15 | €365,282 | €364,819 | €356,932 | -€321,877 | €220,789 | ▲ 169% |
| Contributions10/11 | €280,000 | €280,000 | €280,000 | €280,000 | €280,000 | = |
| Capital10 | €280,000 | €280,000 | €280,000 | €280,000 | €280,000 | = |
| Issued capital100 | €280,000 | €280,000 | €280,000 | €280,000 | €280,000 | = |
| Reserves13 | €85,282 | €84,819 | €76,932 | €28,000 | €28,000 | = |
| Non-distributable reserves130/1 | €28,000 | €28,000 | €28,000 | €28,000 | €28,000 | = |
| Legal reserve130 | €28,000 | €28,000 | €28,000 | €28,000 | €28,000 | = |
| Distributable reserves133 | €57,282 | €56,819 | €48,932 | - | - | - |
| Profit (loss) carried forward14 | - | - | - | -€629,877 | -€87,211 | ▲ 86.2% |
| Provisions and deferred taxes16 | - | - | - | - | €50,000 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €50,000 | - |
| Other liabilities and charges164/5 | - | - | - | - | €50,000 | - |
| Amounts payable17/49 | €2.5m | €2.4m | €3.0m | €2.8m | €3.4m | ▲ 24.6% |
| Amounts payable after more than one year17 | €185,739 | €152,675 | €119,038 | €84,873 | €50,154 | ▼ 40.9% |
| Financial debts170/4 | €185,739 | €152,675 | €119,038 | €84,873 | €50,154 | ▼ 40.9% |
| Amounts payable within one year42/48 | €2.0m | €1.7m | €2.5m | €2.3m | €2.8m | ▲ 20.8% |
| Current portion of amounts payable after more than one year42 | - | - | €225,730 | €267,792 | €326,799 | ▲ 22.0% |
| Financial debts43 | €598,765 | €599,304 | €425,000 | €535,000 | €375,000 | ▼ 29.9% |
| Credit institutions430/8 | €598,765 | €599,304 | €425,000 | €535,000 | €375,000 | ▼ 29.9% |
| Trade debts44 | €1.2m | €836,868 | €1.2m | €616,765 | €1.4m | ▲ 123% |
| Suppliers440/4 | €1.2m | €836,868 | €1.2m | €616,765 | €1.4m | ▲ 123% |
| Taxes, remuneration and social security45 | €189,780 | €307,987 | €637,244 | €897,318 | €721,111 | ▼ 19.6% |
| Taxes450/3 | €10,521 | €64,691 | €93,238 | €167,498 | €77,339 | ▼ 53.8% |
| Remuneration and social security454/9 | €179,259 | €243,296 | €544,006 | €729,820 | €643,772 | ▼ 11.8% |
| Accrued charges and deferred income492/3 | €357,997 | €485,670 | €382,945 | €365,275 | €597,583 | ▲ 63.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €129,563 | -€463 | -€7,887 | -€678,809 | €542,666 | ▲ 180% |
| + Depreciation and write-downs630 | €63,419 | €63,257 | €61,024 | €53,220 | €45,089 | ▼ 15.3% |
| Operating cash flow (approximation) | €192,982 | €62,794 | €53,137 | -€625,589 | €587,755 | ▲ 194% |
| Investment in fixed assets (approximation) | - | -€13,516 | -€14,283 | -€1,042 | -€1,156 | ▼ 10.9% |
| Change in cash | - | €69,505 | -€185,364 | -€30,786 | €7,703 | ▲ 125% |
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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €542,666
Net result €542,666 after 3 loss-making years.
31-12
Financial
Equity above €200,000Eq €220,789
Equity rises from -€321,877 to €220,789.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€678,809
Net result drops to -€678,809, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €244,507
Net result €244,507 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €235,719
Equity rises from -€8,788 to €235,719.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Sint-Joost-ten-Node · 1 establishment unit since 2002
Ground area
1,978 m²
Building footprint
1,248 m²
Volume, LiDAR
35,787 m³
Parcel 21572B0357/00M000, Brussels · tallest building 42.2 m, ±12 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
FINALYSE
since 20022.099.156.610
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21572B0357/00M000 | Brussels | 1,978 m² | 1 · 1,248 m² | 42.2 m · 12 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Part of the group
FINAVEST
4 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- FINAVEST
- FINALYSE GROUP
- FINALYSE
Highest known parent: FINAVEST. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of FINALYSE 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
549300FBCAFN8FUJXJ38
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 39,440 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded19-06-2002
Fiscal year end31-12
Activities, NACEBEL 2025
66199Other activities auxiliary to financial services, excluding insurance and pension funding
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0477765976
Registered
09-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.