FINATUM
ActiveSummary
The computed 12-month bankruptcy probability of FINATUM is 3.1% (moderate). The 2024 annual accounts show negative equity (-€138,277) and a net result of -€12,973. Equity is shrinking by ~11.1% per year across the filed fiscal years. The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 33 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 6,943 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.1% 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 6,943 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €449 | €566 | €672 | €636 | ▼ 5.4% |
| Gross operating margin9900 | -€6,011 | -€2,136 | -€1,362 | -€3,070 | -€1,290 | ▲ 58.0% |
| Operating profit (loss)9901 | -€6,458 | -€2,584 | -€1,928 | -€3,742 | -€1,926 | ▲ 48.5% |
| Financial income75/76B | - | €4,208 | €22,357 | €8,846 | €67,783 | ▲ 666% |
| Recurring financial income75 | €23,120 | €4,208 | €22,357 | €8,846 | €67,783 | ▲ 666% |
| Financial charges65/66B | - | €2,024 | €41,256 | €5,871 | €78,830 | ▲ 1,243% |
| Recurring financial charges65 | €34,426 | €2,024 | €41,256 | €5,871 | €78,830 | ▲ 1,243% |
| Profit (loss) for the period before taxes9903 | -€17,765 | -€400 | -€20,827 | -€766 | -€12,973 | ▼ 1,593% |
| Income taxes67/77 | €0 | €0 | €0 | €1 | - | - |
| Profit (loss) for the period9904 | -€17,765 | -€400 | -€20,828 | -€768 | -€12,973 | ▼ 1,590% |
| Profit (loss) for the period to be appropriated9905 | -€17,765 | -€400 | -€20,828 | -€768 | -€12,973 | ▼ 1,590% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €670 | €12,643 | €11,468 | €20,802 | €12,727 | ▼ 38.8% |
| Current assets29/58 | €670 | €12,643 | €11,468 | €20,802 | €12,727 | ▼ 38.8% |
| Amounts receivable within one year40/41 | - | - | - | - | €17 | - |
| Other amounts receivable41 | - | - | - | - | €17 | - |
| Cash at bank and in hand54/58 | €351 | €12,366 | €11,142 | €20,455 | €12,359 | ▼ 39.6% |
| Deferred charges and accrued income490/1 | - | €278 | €326 | €347 | €350 | ▲ 0.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €670 | €12,643 | €11,468 | €20,802 | €12,727 | ▼ 38.8% |
| Equity10/15 | -€103,308 | -€103,708 | -€124,536 | -€125,303 | -€138,277 | ▼ 10.4% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Profit (loss) carried forward14 | -€121,858 | -€122,258 | -€143,086 | -€143,853 | -€156,827 | ▼ 9.0% |
| Amounts payable17/49 | €103,978 | €116,351 | €136,003 | €146,105 | €151,003 | ▲ 3.4% |
| Amounts payable after more than one year17 | €103,953 | €116,003 | €136,003 | €146,003 | €151,003 | ▲ 3.4% |
| Other amounts payable178/9 | - | €116,003 | €136,003 | €146,003 | €151,003 | ▲ 3.4% |
| Amounts payable within one year42/48 | €25 | €348 | - | €102 | - | - |
| Trade debts44 | €25 | €348 | - | €102 | - | - |
| Suppliers440/4 | - | €348 | - | €102 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,765 | -€400 | -€20,828 | -€768 | -€12,973 | ▼ 1,590% |
| Operating cash flow (approximation) | -€17,765 | -€400 | -€20,828 | -€768 | -€12,973 | ▼ 1,590% |
| Change in cash | - | €12,014 | -€1,223 | €9,312 | -€8,095 | ▼ 187% |
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
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12021I0335/00H000 | Flanders | 231 m² | 1 · 231 m² | 17.5 m · 5 fl. |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Legal Entity Identifier
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.