FINCA
ActiveFINCA has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €-1k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 31% of 688 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▲+9
Solvency33▼-1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.18 against 0.33 in 2024; short-term debt: 25.6% and cash: 0% of total assets), and 92% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
8%
Return on assets
-0.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-1k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
40 d late
2023
61 d late
2022
49 d late
2021
22 d late
2020
10 d late
2019
31 d early
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€0
EBIT margin
Not included in this filing
Net result
€-1k▲ 89.4%
2024 · €-10k
2018: €-1k
2019: €-10k
2020: €59k
2021: €-22k
2022: €8k
2023: €394
2024: €-10k
2018 → 2025
Working capital
€-117k▼ 193%
2024 · €-40k
2018: €-108k
2019: €-120k
2020: €131k
2021: €-11k
2022: €-12k
2023: €-19k
2024: €-40k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€55k▲ 16.6%€56k▲ 0.7%€46k▼ 17.5%€45k▼ 2.2%
Operating result€-9k-€15k€8k▼ 50.0%€-4k€9k
Net result€-22k-€8k€394▼ 95.0%€-10k€-1k▲ 89.4%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €9k after a loss of €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €557k
Fixed assets
€531k▲ 11.6%
Current assets
€25k▲ 28.3%
Equity and liabilities €557k
Equity
€45k▼ 2.2%
Provisions
€23k▼ 3.4%
Debt
€489k▲ 14.6%
The debt ratio rises from 86.0% to 87.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€21k▲
2024 · €8k
Cash flow
€11k▲
2024 · €2k
Solvency
8.0%▼
2024 · 9.2%
Current ratio
0.18▼
2024 · 0.33
Quick ratio
0.18▼
2024 · 0.33
Debt / equity
10.91▲
2024 · 9.31
ROE
-2.3%▲
2024 · -21.3%
ROA
-0.2%▲
2024 · -2.0%
Interest coverage
1.94▲
2024 · 1.18
Debt
€489k▲
2024 · €427k
Debt ≤ 1 year
€143k▲
2024 · €60k
Debt > 1 year
€346k▼
2024 · €367k
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€496k€557k▲
Fixed assets21/28€476k€531k▲
Tangible fixed assets22/27€476k€531k▲
Land and buildings22€474k€531k▲
Plant, machinery and equipment23€1k€474▼
Furniture and vehicles24€754€493▼
Current assets29/58€20k€25k▲
Amounts receivable within one year40/41€14k€25k▲
Trade receivables40€14k€25k▲
Other amounts receivable41€802-
Cash at bank and in hand54/58€313€122▼
Deferred charges and accrued income490/1€5k-
Equity and liabilities
Total equity and liabilities10/49€496k€557k▲
Equity10/15€46k€45k▼
Contributions10/11€99k€99k=
Reserves13€71k€69k▼
Tax-exempt reserves132€71k€69k▼
Profit (loss) carried forward14€-124k€-123k▲
Provisions and deferred taxes16€24k€23k▼
Deferred taxes168€24k€23k▼
Amounts payable17/49€427k€489k▲
Amounts payable after more than one year17€367k€346k▼
Financial debts170/4€367k€346k▼
Amounts payable within one year42/48€60k€143k▲
Current portion of amounts payable after more than one year42€24k€26k▲
Trade debts44€18k€76k▲
Suppliers440/4€18k€76k▲
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€16k€40k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€9k€24k▲
Operating profit (loss)9901€-4k€9k▲
Financial income75/76B-€14
Recurring financial income75-€14
Financial charges65/66B€7k€11k▲
Recurring financial charges65€7k€11k▲
Profit (loss) for the period before taxes9903€-11k€-2k▲
Transfer from deferred taxes780€798€798=
Profit (loss) for the period9904€-10k€-1k▲
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€-7k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-124k€-123k▲
Profit (loss) brought forward from the previous period14P€-117k€-124k▼
The notes to these accounts (8 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 40 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
18-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 49 days late
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 22 days late
2021
31-12
Financial
Weakest financial yearnet €-22k ▼137%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 10 days late
2020
31-12
Financial
Back to profitnet €59k
Net result €59k after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 3 days late
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Chaudfontaine · 1 establishment unit since 2009
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.
Rue de Henne 524053 ChaudfontaineGround area
1,670 m²
Building footprint
154 m²
Parcel 62030B0003/00M006, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Henne 52, 4053 Chaudfontaine
since 20092.188.313.565
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62030B0003/00M006 | Wallonia | 1,670 m² | 1 · 154 m² | - |
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
Finnix
BE 1022.443.346
Zwalm · Eq €45k
MOULIN DE L'EPINE
BE 0713.814.585
Bouillon · Eq €45k
NELY
BE 1001.224.595
Rochefort · Eq €44k
SAMEN AAN ZEE
BE 0544.673.311
Koksijde · Eq €46k
DEN MIERHOOP
BE 1020.359.826
Nieuwerkerken (Limb.) · Eq €44k
Of 3,000 companies in sector 55203 we hold annual accounts for 690. 491 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-10-2009
Fiscal year end31-12
Activities, NACEBEL
55203Holiday cottages, homes and apartments
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.