FINBuild
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
FINBuild has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79,729 and a net result of €38,385. Its solvency ranks better than 25% of 11,221 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 15-09-2023 Normal situation
- Legal form
- Private limited company
- Registered office
- Dorpshart 25, 2870 Puurs-Sint-Amands
- Activity
- Renting and operating of own or leased non-residential real estate, excluding land NACE 68203
- Establishment unit
- 2.349.427.102 2870 Puurs-Sint-Amands, since 15-09-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 04-02-2026
Who decides
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €101,215
- ▲ 288%
- Turnover
- ≈ €140,000
- estimated
- Profit
- €38,385
- Equity
- €79,729
- ▲ 92.8%
- Total assets
- €1.3m
- ▲ 4.3%
Why 92raises riskEquity €79,729 (5.9% of total assets)lowers riskSize: total assets €1.3mSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed 05-07-2026)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 27% on solvency, 76% on liquidity, 41% on profitability and 91% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 17 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, abbreviated format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 05-07-2026
- Format
- abbreviated format
- Reference
- 2026-00252969
2024 to 2025, 2 financial years
The operating result returns to profit in 2025: €72,087 after a loss of €27,985 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,514 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 95.7% are still going.
- Small
- 2 to 5 years old
- solvency under 10%
- a profit under 5% of the balance sheet
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,514 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 | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53,391 | €28,037 | ▼ 47.5% |
| Other operating charges640/8 | €678 | €1,092 | ▲ 60.9% |
| Gross operating margin9900 | €26,084 | €101,215 | ▲ 288% |
| Operating profit (loss)9901 | -€27,985 | €72,087 | - |
| Financial charges65/66B | €30,671 | €33,702 | ▲ 9.9% |
| Recurring financial charges65 | €30,671 | €33,702 | ▲ 9.9% |
| Profit (loss) for the period before taxes9903 | -€58,656 | €38,385 | - |
| Profit (loss) for the period9904 | -€58,656 | €38,385 | - |
| Profit (loss) for the period to be appropriated9905 | -€58,656 | €38,385 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.3m | €1.3m | ▲ 4.3% |
| Fixed assets21/28 | €1.1m | €1.1m | ▲ 3.0% |
| Tangible fixed assets22/27 | €1.1m | €1.1m | ▲ 3.0% |
| Land and buildings22 | €1.1m | €1.1m | ▲ 3.0% |
| Current assets29/58 | €0.2m | €0.2m | ▲ 12.2% |
| Stocks and contracts in progress3 | €0.1m | €0 | ▼ 100% |
| Stocks30/36 | €0.1m | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €0.005m | €0.01m | ▲ 153% |
| Trade receivables40 | - | €0.01m | - |
| Other amounts receivable41 | €0.005m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.07m | €0.2m | ▲ 166% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.3m | €1.3m | ▲ 4.3% |
| Equity10/15 | €0.04m | €0.08m | ▲ 92.8% |
| Contributions10/11 | €0.1m | €0.1m | = |
| Profit (loss) carried forward14 | -€0.06m | -€0.02m | ▲ 65.4% |
| Amounts payable17/49 | €1.2m | €1.3m | ▲ 1.3% |
| Amounts payable after more than one year17 | €1.1m | €1.1m | ▼ 3.3% |
| Financial debts170/4 | €0.9m | €0.9m | ▼ 4.0% |
| Other amounts payable178/9 | €0.2m | €0.2m | = |
| Amounts payable within one year42/48 | €0.1m | €0.2m | ▲ 35.0% |
| Current portion of amounts payable after more than one year42 | €0.03m | €0.04m | ▲ 3.7% |
| Trade debts44 | €0.1m | €0.2m | ▲ 42.8% |
| Suppliers440/4 | €0.1m | €0.2m | ▲ 42.8% |
| Taxes, remuneration and social security45 | - | €0.002m | - |
| Taxes450/3 | - | €0.002m | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€58,656 | €38,385 | - |
| + Depreciation and write-downs630 | €53,391 | €28,037 | ▼ 47.5% |
| Operating cash flow (approximation) | -€5,265 | €66,422 | - |
| Investment in fixed assets (approximation) | - | -€61,575 | - |
| Change in cash | - | €115,164 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| FINEZ |
|
| Tisjust |
|
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking, 1”
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Indien geen andere vereffenaar benoemd, bestuurder(s) in functie”
Articles of association, deed of 19-09-2023
Owners and capital
Owners
2 ownersChain of control
- FINEZ
- FINBuild
Owners 2
- FINEZparentSourceaccounts FINEZ 202551%
-
49%
Capital and shareholders
- 19-09-2023 Incorporation · €100,000 · 100 shares
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register aandelen op naam met vermeldingen Wetboek van vennootschappen en verenigingen,inzage aandeelhouders betreffende hun…”
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Erfgenamen en legatarissen die geen aandeelhouder van rechtswege worden vragen toestemming medeaandeelhouders zelfde formaliteiten, prijs…”“Prijs geboden door kandidaat-overnemer, elke overdracht onder levenden,ten bezwarende en kosteloze titel,vrijwillig en…”
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 19-09-2023 (in Dutch)
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
19-09
Gazette deed
IncorporationAppointments: FINEZ (director) and TISJUST (director) · Founder · Founding capital12 facts ▸
- Incorporation, “FINBuild” (deed in Dutch)
- Founder, FINEZ
- Founder, TISJUST
- Founding capital, €100,000
- Other provision, “statuten vastgesteld, comparanten verklaren statuten luiden als volgt” (deed in Dutch)
- Capital
- Registered office clause, “2870 Puurs-Sint-Amands,Dorpshart 25” (deed in Dutch)
- Board rule, 2
- Director appointment, FINEZ (director)
- Director appointment, TISJUST (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Other provision, “voorafgaande toelatingen of vergunningen, in uitvoering van voorwerp” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Onderneming in onroerende goederen in de meest ruime zin; Verhuur en handel in onroerende goederen; Alle studies en operaties met betrekking…”
9 activities
- Onderneming in onroerende goederen in de meest ruime zin
- Verhuur en handel in onroerende goederen
- Alle studies en operaties met betrekking tot alle onroerende goederen en rechten en tot alle roerende goederen en rechten welke daaruit voortvloeien,zoals aankoop,de bouw,de verbouwing,de aanpassing,de huur en onderhuur,de ruiling,de verkoop en,in het algemeen,alle operaties die rechtstreeks en onrechtstreeks betrekking hebben op het beheer of op het productief maken,voor zichzelf of voor anderen van alle bestaande of onbebouwde onroerende eigendommen
- Handel in onroerend goed voor eigen rekening
- Verhuur van eigen onroerend goed
- Het aanleggen,het oordeelkundig beheer en het uitbreiden van een roerend en onroerend vermogen
- Handelsbemiddeling in de meest ruime zin
- Adviesbureau op het gebied van bedrijfsvoering en beheer
- Managementactiviteiten van holdings
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FINBuild
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan mag administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren vestigen in België of…”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Monday of June at 18:00
Articles of association, deed of 19-09-2023 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12030B0828/00A000 | Flanders | 1,471 m² | 1 · 559 m² | 11.4 m · 1 |