FinCat
ActiveSummary
FinCat has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €348k and a net result of €14k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 88% of 9518 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-9
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 47.23 against 27.37 in 2023; short-term debt: 1.8% and cash: 43.5% of total assets), and 12% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-06-2025, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
33 d early
2023
21 d early
2022
27 d early
2021
35 d early
2020
27 d early
2019
11 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€348k▼ 8.6%
2023 · €381k
2018: €202k
2019: €247k
2020: €303k
2021: €327k
2022: €368k
2023: €381k
2018 → 2024
Total assets
€395k▼ 10.3%
2023 · €441k
2018: €331k
2019: €322k
2020: €378k
2021: €400k
2022: €431k
2023: €441k
2018 → 2024
Net result
€14k▼ 69.8%
2023 · €47k
2018: €46k
2019: €47k
2020: €56k
2021: €66k
2022: €75k
2023: €47k
2018 → 2024
Working capital
€336k▼ 8.2%
2023 · €366k
2018: €161k
2019: €216k
2020: €281k
2021: €313k
2022: €351k
2023: €366k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€303k-€327k▲ 8.0%€368k▲ 12.5%€381k▲ 3.5%€348k▼ 8.6%
Operating result€80k-€95k▲ 18.8%€106k▲ 11.9%€67k▼ 36.6%€12k▼ 81.6%
Net result€56k-€66k▲ 18.1%€75k▲ 13.0%€47k▼ 36.6%€14k▼ 69.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 82% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €395k
Fixed assets
€52k ▼ 14.3%
Current assets
€343k ▼ 9.7%
Equity and liabilities €395k
Equity
€348k ▼ 8.6%
Debt
€47k ▼ 21.0%
Debt's share of the balance-sheet total falls from 13.6% to 12.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€21k▼
2023 · €76k
Cash flow
€23k▼
2023 · €56k
Current ratio
47.23▲
2023 · 27.37
Debt to equity
0.14▼
2023 · 0.16
ROE
4.1%▼
2023 · 12.4%
ROA
3.6%▼
2023 · 10.7%
Interest coverage
9.90▼
2023 · 33.15
Debt ≤ 1 year
€7k▼
2023 · €14k
Debt > 1 year
€40k▼
2023 · €46k
Income taxes
€7k▼
2023 · €19k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€441k€395k▼
Fixed assets21/28€61k€52k▼
Tangible fixed assets22/27€61k€52k▼
Land and buildings22€57k€50k▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€379k€343k▼
Amounts receivable after more than one year29€24k€93k▲
Trade receivables290€18k-
Other amounts receivable291€6k€93k▲
Amounts receivable within one year40/41-€25k
Other amounts receivable41-€25k
Current investments50/53€88k€43k▼
Cash at bank and in hand54/58€264k€172k▼
Deferred charges and accrued income490/1€3k€10k▲
Equity and liabilities
Total equity and liabilities10/49€441k€395k▼
Equity10/15€381k€348k▼
Contributions10/11€12k€12k=
Reserves13€339k€307k▼
Distributable reserves133€339k€307k▼
Profit (loss) carried forward14€29k€29k▼
Amounts payable17/49€60k€47k▼
Amounts payable after more than one year17€46k€40k▼
Financial debts170/4€46k€40k▼
Amounts payable within one year42/48€14k€7k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€2k€460▼
Suppliers440/4€2k€460▼
Taxes, remuneration and social security45€5k-
Taxes450/3€5k-
Other amounts payable47/48€637€830▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€78k€23k▼
Operating profit (loss)9901€67k€12k▼
Financial income75/76B€1k€11k▲
Recurring financial income75€1k€11k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€66k€21k▼
Income taxes67/77€19k€7k▼
Profit (loss) for the period9904€47k€14k▼
Profit (loss) for the period to be appropriated9905€47k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€78k€44k▼
Profit (loss) brought forward from the previous period14P€30k€29k▼
Transfer from equity791/2€34k€46k▲
Transfer to equity691/2€47k€14k▼
To other reserves6921€47k€14k▼
Profit to be distributed694/7€34k€47k▲
Return on contributions (dividend)694€34k€47k▲
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
2025
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €14k ▼69.8%
Net result drops to €14k, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €75k ▲13%
Operating result €106k, net result €75k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 9current ratio 32.98
Current ratio from 3.83 to 32.98; short-term debt falls from €57k to €7k.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
10-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2011
Ground area
795 m²
Building footprint
250 m²
Volume, LiDAR
2,325 m³
Parcel 11003A0359/00W000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
FinCat
since 20112.202.477.743
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003A0359/00W000 | Flanders | 795 m² | 1 · 250 m² | 10.9 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
699400ZNLVUY3272LN40
Similar companies · same sector, comparable size
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Knokke-Heist · Eq €348,019
HUBERT VAN LAEREN
BE 0881.579.748
Koksijde · Eq €348,267
BODEPO
BE 0476.298.704
Evergem · Eq €348,708
TARIF SOINS
BE 0778.240.007
Mons · Eq €348,787
Of 11,218 companies in sector 82100 we hold annual accounts for 3,511. 2,209 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
Founded02-09-2011
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.