FINBOR
ActiveSummary
FINBOR has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133k and a net result of €47k. Equity is growing by ~47.3% per year across the filed fiscal years. Its solvency ranks better than 33% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+8
Solvency58▲+13
Growth53▲+18
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.85 against 0.71 in 2024; short-term debt: 15.3% and cash: 9.2% of total assets), and 67.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
32.8%
Return on assets
11.8%
Age of the figures
9 mo
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 01-06-2026, 60 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
60 d early
2024
57 d early
2023
27 d early
2022
32 d early
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€191k▲ 9.0%
2024 · €175k
2022: €251k
2023: €126k
2024: €175k
2022 → 2025
EBIT margin
38.3%▲ 10.0pp
2024 · 28.3%
2022: 24.3%
2023: 12.4%
2024: 28.3%
2022 → 2025
Net result
€47k▲ 63.3%
2024 · €29k
2022: €44k
2023: €11k
2024: €29k
2022 → 2025
Working capital
€-9k▲ 66.2%
2024 · €-27k
2022: €30k
2023: €43k
2024: €-27k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€251k-€126k▼ 49.9%€175k▲ 39.4%€191k▲ 9.0%
Equity€46k-€56k▲ 23.2%€85k▲ 51.9%€133k▲ 55.8%
Operating result€61k-€16k▼ 74.5%€50k▲ 218%€73k▲ 47.6%
Net result€44k-€11k▼ 75.8%€29k▲ 176%€47k▲ 63.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 48% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €404k
Fixed assets
€351k ▼ 0.4%
Current assets
€53k ▼ 21.6%
Equity and liabilities €404k
Equity
€133k ▲ 55.8%
Debt
€271k ▼ 19.0%
Debt's share of the balance-sheet total falls from 79.7% to 67.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€89k▲
2024 · €59k
Cash flow
€64k▲
2024 · €38k
Current ratio
0.85▲
2024 · 0.71
Debt to equity
2.04▼
2024 · 3.93
ROE
35.8%▲
2024 · 34.2%
ROA
11.8%▲
2024 · 6.9%
Interest coverage
12.34▲
2024 · 5.34
Debt ≤ 1 year
€62k▼
2024 · €94k
Debt > 1 year
€208k▼
2024 · €225k
Income taxes
€18k▲
2024 · €10k
Staff costs
€41k▼
2024 · €94k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€420k€404k▼
Fixed assets21/28€353k€351k▼
Tangible fixed assets22/27€353k€351k▼
Land and buildings22€341k€328k▼
Plant, machinery and equipment23€1k€5k▲
Furniture and vehicles24€410€9k▲
Other tangible fixed assets26€11k€9k▼
Current assets29/58€67k€53k▼
Amounts receivable within one year40/41€36k€16k▼
Trade receivables40€36k€15k▼
Other amounts receivable41€170€58▼
Cash at bank and in hand54/58€31k€37k▲
Deferred charges and accrued income490/1€172-
Equity and liabilities
Total equity and liabilities10/49€420k€404k▼
Equity10/15€85k€133k▲
Contributions10/11€2k€2k=
Reserves13€83k€131k▲
Non-distributable reserves130/1€200€200=
Reserves not available under the articles1311€200€200=
Tax-exempt reserves132€83k€130k▲
Amounts payable17/49€335k€271k▼
Amounts payable after more than one year17€225k€208k▼
Financial debts170/4€225k€208k▼
Amounts payable within one year42/48€94k€62k▼
Current portion of amounts payable after more than one year42€17k€17k=
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€19k€13k▼
Taxes450/3€19k€13k▼
Other amounts payable47/48€55k€31k▼
Accrued charges and deferred income492/3€15k€1k▼
Income statement
Code20242025
Turnover70€175k€191k▲
Goods, raw materials, services and sundry goods60/61€36k€86k▲
Remuneration, social security and pensions62€94k€41k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€16k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€154k€134k▼
Operating profit (loss)9901€50k€73k▲
Financial income75/76B€382€0▼
Recurring financial income75€382€0▼
Financial charges65/66B€11k€7k▼
Recurring financial charges65€11k€7k▼
Profit (loss) for the period before taxes9903€39k€66k▲
Income taxes67/77€10k€18k▲
Profit (loss) for the period9904€29k€47k▲
Transfer to tax-exempt reserves689€29k€47k▲
Profit (loss) for the period to be appropriated9905€0€0=
Appropriation of the result
Profit (loss) to be appropriated9906€0€0=
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (7 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2022net €47k ▲63.3%
Operating result €73k, net result €47k, both a record.
31-12
Financial
Equity above €100kEq €133k ▲55.8%
4 profitable years in a row build equity to €133k.
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €11k ▼75.8%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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 · 1 establishment unit since 2021
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.
Louis De Baerdemaekerstraat(HIN) 772880 BornemGround area
743 m²
Building footprint
95 m²
Volume, LiDAR
480 m³
Parcel 12015A0286/00C000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FINBOR
since 20212.312.543.742
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12015A0286/00C000 | Flanders | 743 m² | 1 · 95 m² | 8.3 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.
Similar companies · same sector, comparable size
4MAS
BE 0460.741.288
Roeselare · Eq €132,611
V.D.V.
BE 0448.643.905
Kruisem · Eq €132,626
BACOLOU Consulting
BE 0798.801.829
Ath · Eq €132,632
Balans Invest
BE 0811.392.627
Beveren-Kruibeke-Zwijndrecht · Eq €132,633
ACCENT MANAGEMENT
BE 0812.677.183
Berlaar · Eq €132,598
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,862 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.