Equity
€6,296 from €72,544 in 2023
Equity fell by 91% in 2 years.
FINARTECH DEVELOPMENT
Lifetime
5 annual accounts with figures on one time axispeak €81,638 (2025)
€81,638▲ 66.7%
peak €58,506 (2025)
€58,506▲ 93.4%
peak €72,544 (2023)
€6,296▼ 50.8%
€94,337▼ 31.8%
Board1 name since 2020
1 director
Documentsfilings and deeds
12-01-202619 days before the deadline
2025financial year
Gross margin from €48,972 to €81,638Result from €30,246 to €58,506Dividend €65,000Equity from €12,790 to €6,296Debts from €138,298 to €94,337
Key points
from the 2025 annual accountsTurnover
≈ €190,000 estimated
The accounts state no turnover.
Debts
€94,337 94% of the balance sheet
Financial debts 1%Suppliers 1%Taxes and wages 29%Other 69%
Of this, €94,137 falls due within a year.
Filings
5 annual accounts 4 late
The 2024 accounts came latest: 59 days after the end of the period.
Starting capital
€3,000 100 shares
Position in the sector
€6,296
Less equity than 89% of companies in computer programming and consultancy. Sector median €877,604 · 750 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as FINARTECH DEVELOPMENT has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,153 companies, not a prediction for FINARTECH DEVELOPMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0743382858
Incorporation
Founding capital of €3,000, 100 shares · Founder: · Appointment: (sole director) · published on 10-02-2020 · Gazette deed
First establishment
Avenue Gevaert 134, Rixensart
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FINARTECH DEVELOPMENT Rixensart | €100,633 | €81,638 | 6.3% | - |
| SYLPHANY Wavre | €122,222 | €85,395 | 3.3% | - |
| FONTECHS Rebecq | €96,285 | €89,031 | 46.2% | - |
| Citendo La Hulpe | €84,936 | €68,798 | 7.0% | - |
| AVPINTO Auderghem | €105,704 | €78,429 | 6.1% | - |
| The Bit Barn Heist-op-den-Berg | €102,906 | €89,078 | 2.9% | - |
| This Might Work Heist-op-den-Berg | €97,311 | €87,183 | 33.7% | - |
These companies have the same main activity as FINARTECH DEVELOPMENT: computer programming (NACE 62100). They are comparable in size and age: total assets between €84,900 and €122,000, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 06-02-2020Normal situation
- Activity
- Computer programmingNACE 62100
- Establishment unit
- 2.299.201.8861332 Rixensart, since 06-02-2020
- Financial year end
- 30 June
- Peppol
- Reachable since 18-09-2025
Annual accounts to 30-06-2025
- €100,633▼ 33.4%
- Filing
- Filed on 12-01-2026, 19 days before the end of the filing period
Insights on FINARTECH DEVELOPMENT
FINARTECH DEVELOPMENT has existed since 2020. The gross margin grew from €36,772 in 2021 to €81,638 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FINARTECH DEVELOPMENT
- What is the company number of FINARTECH DEVELOPMENT?
- The company number of FINARTECH DEVELOPMENT is 0743.382.858. The VAT number is the same number with BE in front: BE 0743.382.858.
- Where is FINARTECH DEVELOPMENT based?
- The registered office is at Avenue Gevaert 134, 1332 Rixensart.Company details
- What does FINARTECH DEVELOPMENT do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of FINARTECH DEVELOPMENT?
- FINARTECH DEVELOPMENT is a private limited company (BV).
- When was FINARTECH DEVELOPMENT founded?
- FINARTECH DEVELOPMENT was founded on 06-02-2020.
- Is FINARTECH DEVELOPMENT still active?
- Yes, FINARTECH DEVELOPMENT is an active enterprise in the KBO register.
- What is the turnover of FINARTECH DEVELOPMENT?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €81,638 and 41 comparable companies (NACE 62100). It probably lies between €160,000 and €240,000.Financials
- Is FINARTECH DEVELOPMENT profitable?
- In financial year 2025, FINARTECH DEVELOPMENT made a profit of €58,506.
- Where can I find the annual accounts of FINARTECH DEVELOPMENT?
- FINARTECH DEVELOPMENT filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FINARTECH DEVELOPMENT due?
- FINARTECH DEVELOPMENT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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