FINAP
ActiveFINAP 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 €7.46M and a net result of €35k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 95% of 8589 sector peers (fiscal year 2025). The company has been active since 1989 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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
57 d late
2023
12 d early
2022
31 d late
2021
31 d late
2020
90 d late
2019
56 d late
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€7.46M▲ 0.5%
2024 · €7.42M
2018: €7.21M
2019: €7.24M
2020: €7.27M
2021: €7.31M
2022: €7.34M
2023: €7.38M
2024: €7.42M
2018 → 2025
Net result
€35k▼ 24.8%
2024 · €46k
2018: €38k
2019: €29k
2020: €25k
2021: €43k
2022: €33k
2023: €34k
2024: €46k
2018 → 2025
Total assets
€7.62M▲ 0.9%
2024 · €7.55M
2018: €7.40M
2019: €7.35M
2020: €7.33M
2021: €7.35M
2022: €7.38M
2023: €7.54M
2024: €7.55M
2018 → 2025
Solvency
97.9%▼ 0.4pp
2024 · 98.3%
2018: 97.4%
2019: 98.5%
2020: 99.1%
2021: 99.4%
2022: 99.5%
2023: 97.8%
2024: 98.3%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7.31M-€7.34M▲ 0.4%€7.38M▲ 0.5%€7.42M▲ 0.6%€7.46M▲ 0.5%
Operating result€62k-€48k▼ 21.8%€51k▲ 4.5%€54k▲ 6.2%€47k▼ 12.2%
Net result€43k-€33k▼ 24.4%€34k▲ 5.1%€46k▲ 35.6%€35k▼ 24.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.62M
Fixed assets
€7.09M▼ 0.1%
Current assets
€528k▲ 15.6%
Equity and liabilities €7.62M
Equity
€7.46M▲ 0.5%
Debt
€161k▲ 24.4%
The debt ratio rises from 1.7% to 2.1%: debt grows faster than equity.
Key figures and ratios
Solvency
97.9%▼
2024 · 98.3%
ROE
0.5%▼
2024 · 0.6%
ROA
0.5%▼
2024 · 0.6%
Debt
€161k▲
2024 · €130k
Debt ≤ 1 year
€161k▲
2024 · €130k
Income taxes
€17k▼
2024 · €19k
Staff costs
€152k=
2024 · €152k
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€7.55M€7.62M▲
Fixed assets21/28€7.10M€7.09M▼
Tangible fixed assets22/27€62k€57k▼
Land and buildings22€62k€57k▼
Financial fixed assets28€7.03M€7.03M=
Current assets29/58€457k€528k▲
Amounts receivable within one year40/41€29k€140k▲
Trade receivables40€26k€137k▲
Other amounts receivable41€3k€3k▼
Current investments50/53-€380k
Cash at bank and in hand54/58€425k€8k▼
Deferred charges and accrued income490/1€3k€479▼
Equity and liabilities
Total equity and liabilities10/49€7.55M€7.62M▲
Equity10/15€7.42M€7.46M▲
Contributions10/11€4.33M€4.33M=
Capital10€4.33M€4.33M=
Issued capital100€4.33M€4.33M=
Reserves13€3.10M€3.13M▲
Non-distributable reserves130/1€140k€143k▲
Legal reserve130€140k€143k▲
Distributable reserves133€2.96M€2.99M▲
Amounts payable17/49€130k€161k▲
Amounts payable within one year42/48€130k€161k▲
Trade debts44€47k€68k▲
Suppliers440/4€47k€68k▲
Taxes, remuneration and social security45€32k€41k▲
Taxes450/3€15k€25k▲
Remuneration and social security454/9€17k€15k▼
Other amounts payable47/48€50k€52k▲
Income statement
Code20242025
Remuneration, social security and pensions62€152k€152k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€5k€5k▲
Gross operating margin9900€215k€208k▼
Operating profit (loss)9901€54k€47k▼
Financial income75/76B€14k€7k▼
Recurring financial income75€14k€7k▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€66k€51k▼
Income taxes67/77€19k€17k▼
Profit (loss) for the period9904€46k€35k▼
Profit (loss) for the period to be appropriated9905€46k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€35k▼
Transfer to equity691/2€46k€35k▼
To the legal reserve6920€3k€3k=
To other reserves6921€44k€32k▼
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Highest result since 2018net €46k ▲35.6%
Net result €46k, the highest in the series.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet €25k ▼14.6%
Net result drops to €25k, the lowest in the series; recovery starts the following year.
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
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
6 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, Liedekerke · 1 establishment unit since 1989
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.
Affligemsestraat 5021770 LiedekerkeGround area
2,549 m²
Building footprint
265 m²
Volume, LiDAR
1,543 m³
Parcel 23044A0103/00H000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Affligemsestraat 502, 1770 Liedekerke
since 19892.046.184.712
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23044A0103/00H000 | Flanders | 2,548 m² | 1 · 265 m² | 10.2 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 24,640 companies in sector 64210 we hold annual accounts for 19,693. 6,888 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-10-1989
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.