FINAO
ActiveFINAO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €18.45M and a net result of €17.55M. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 7954 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
35 d early
2023
51 d early
2022
39 d early
2021
54 d early
2020
45 d early
2019
29 d early
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€18.45M▲ 1,946%
2024 · €902k
2018: €612k
2019: €628k
2020: €637k
2021: €662k
2022: €1,000k
2023: €835k
2024: €902k
2018 → 2025
Net result
€17.55M▲ 26,429%
2024 · €66k
2018: €19k
2019: €15k
2020: €10k
2021: €24k
2022: €338k
2023: €46k
2024: €66k
2018 → 2025
Total assets
€18.67M▲ 1,489%
2024 · €1.17M
2018: €969k
2019: €940k
2020: €909k
2021: €868k
2022: €1.15M
2023: €1.19M
2024: €1.17M
2018 → 2025
Solvency
98.8%▲ 22.1pp
2024 · 76.7%
2018: 63.1%
2019: 66.8%
2020: 70.1%
2021: 76.2%
2022: 86.9%
2023: 70.5%
2024: 76.7%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€662k-€1,000k▲ 51.1%€835k▼ 16.4%€902k▲ 7.9%€18.45M▲ 1,946%
Operating result€8k-€20k▲ 159%€46k▲ 128%€92k▲ 102%€103k▲ 11.7%
Net result€24k-€338k▲ 1,282%€46k▼ 86.3%€66k▲ 42.7%€17.55M▲ 26,429%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 12% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18.67M
Fixed assets
€17.50M▲ 36,814%
Current assets
€1.17M▲ 3.9%
Equity and liabilities €18.67M
Equity
€18.45M▲ 1,946%
Debt
€223k▼ 18.5%
The debt ratio falls from 23.3% to 1.2%: equity grows while debt is paid down.
Key figures and ratios
Solvency
98.8%▲
2024 · 76.7%
ROE
95.1%▲
2024 · 7.3%
ROA
94.0%▲
2024 · 5.6%
Debt
€223k▼
2024 · €273k
Debt ≤ 1 year
€221k▼
2024 · €273k
Income taxes
€31k▲
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.17M€18.67M▲
Fixed assets21/28€47k€17.50M▲
Tangible fixed assets22/27€15k€5k▼
Furniture and vehicles24€15k€5k▼
Financial fixed assets28€33k€17.49M▲
Current assets29/58€1.13M€1.17M▲
Amounts receivable within one year40/41€435k€732k▲
Trade receivables40€70k€61k▼
Other amounts receivable41€366k€671k▲
Current investments50/53€240k€400k▲
Cash at bank and in hand54/58€449k€21k▼
Deferred charges and accrued income490/1€3k€19k▲
Equity and liabilities
Total equity and liabilities10/49€1.17M€18.67M▲
Equity10/15€902k€18.45M▲
Contributions10/11€130k€130k=
Reserves13€234k€234k=
Distributable reserves133€234k€234k=
Profit (loss) carried forward14€537k€18.08M▲
Amounts payable17/49€273k€223k▼
Amounts payable within one year42/48€273k€221k▼
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€26k€12k▼
Taxes450/3€26k€12k▼
Other amounts payable47/48€244k€208k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€10k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€108k€115k▲
Operating profit (loss)9901€92k€103k▲
Financial income75/76B€19k€17.49M▲
Recurring financial income75€19k€17.49M▲
Financial charges65/66B€25k€15k▼
Recurring financial charges65€25k€15k▼
Profit (loss) for the period before taxes9903€87k€17.58M▲
Income taxes67/77€20k€31k▲
Profit (loss) for the period9904€66k€17.55M▲
Profit (loss) for the period to be appropriated9905€66k€17.55M▲
Appropriation of the result
Profit (loss) to be appropriated9906€537k€18.08M▲
Profit (loss) brought forward from the previous period14P€471k€537k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €17.55M ▲26429%
Operating result €103k, net result €17.55M, both a record.
31-12
Financial
Equity above €10MEq €18.45M ▲1946%
8 profitable years in a row build equity to €18.45M.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 5current ratio 7.29
Current ratio from 1.60 to 7.29; short-term debt falls from €196k to €150k.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 1.60
Current ratio from 0.57 to 1.60; short-term debt falls from €248k to €196k.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €10k ▼37.8%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Bornem
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vitsdam(BOR) 12880 BornemGround area
1,118 m²
Building footprint
137 m²
Volume, LiDAR
705 m³
Parcel 12007A0218/00B000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007A0218/00B000 | Flanders | 1,118 m² | 1 · 137 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,641 companies in sector 64210 we hold annual accounts for 19,693. 4,447 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-2004
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.