FINCOL
ActiveSummary
FINCOL has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.5m and a net result of €65,771. Equity remains stable across the filed fiscal years (±0% per year). The computed 12-month bankruptcy probability is 1.2% (low).
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Signals
This company filed its last 7 accounts on average 17 days after 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 (2)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 1,639 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.2% 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 497,662 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% | 1.7% |
| 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 75% 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 1,639 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 | - | - | - | - | €2,939 | - |
| Gross operating margin9900 | -€111 | -€55 | -€57 | -€64 | -€64 | ▼ 0.3% |
| Operating profit (loss)9901 | -€111 | -€55 | -€57 | -€64 | -€3,002 | ▼ 4,621% |
| Financial income75/76B | - | €81 | - | €9,488 | €102,867 | ▲ 984% |
| Recurring financial income75 | €354 | €81 | - | €9,488 | €102,867 | ▲ 984% |
| Financial charges65/66B | - | €1,038 | €806 | €354 | €3,400 | ▲ 860% |
| Recurring financial charges65 | €398 | €1,038 | €806 | €354 | €3,400 | ▲ 860% |
| Profit (loss) for the period before taxes9903 | -€8,770 | -€1,012 | -€863 | €9,071 | €96,464 | ▲ 963% |
| Income taxes67/77 | - | - | - | €1,960 | €30,693 | ▲ 1,466% |
| Profit (loss) for the period9904 | -€8,770 | -€1,012 | -€863 | €7,110 | €65,771 | ▲ 825% |
| Profit (loss) for the period to be appropriated9905 | -€8,770 | -€1,012 | -€863 | €7,110 | €65,771 | ▲ 825% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.5m | €5.5m | €5.5m | €5.5m | €5.5m | ▲ 1.2% |
| Current assets29/58 | €5.5m | €5.5m | €5.5m | €5.5m | €5.5m | ▲ 1.2% |
| Amounts receivable within one year40/41 | €120,581 | €65 | €12 | €886 | €167 | ▼ 81.2% |
| Other amounts receivable41 | - | €65 | €12 | €886 | €167 | ▼ 81.2% |
| Current investments50/53 | €992,196 | €991,833 | €991,470 | €991,470 | €5.5m | ▲ 455% |
| Cash at bank and in hand54/58 | €4.3m | €4.5m | €4.5m | €4.5m | €22,602 | ▼ 99.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.5m | €5.5m | €5.5m | €5.5m | €5.5m | ▲ 1.2% |
| Equity10/15 | €5.5m | €5.5m | €5.5m | €5.5m | €5.5m | ▲ 1.2% |
| Contributions10/11 | - | - | €2.0m | €2.0m | €2.0m | = |
| Reserves13 | €2.1m | €2.1m | €141,505 | €148,616 | €214,386 | ▲ 44.3% |
| Non-distributable reserves130/1 | - | €2.1m | €129,732 | €129,732 | €129,732 | = |
| Reserves not available under the articles1311 | - | €2.1m | €129,732 | €129,732 | €129,732 | = |
| Tax-exempt reserves132 | - | €11,773 | €11,773 | €11,773 | €11,773 | = |
| Distributable reserves133 | - | - | - | €7,110 | €72,881 | ▲ 925% |
| Profit (loss) carried forward14 | €3.4m | €3.4m | €3.4m | €3.4m | €3.4m | = |
| Amounts payable17/49 | €111 | - | - | - | - | - |
| Amounts payable within one year42/48 | €111 | - | - | - | - | - |
| Trade debts44 | €111 | - | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,770 | -€1,012 | -€863 | €7,110 | €65,771 | ▲ 825% |
| Operating cash flow (approximation) | -€8,770 | -€1,012 | -€863 | €7,110 | €65,771 | ▲ 825% |
| Change in cash | - | €119,756 | -€447 | €6,236 | -€4.4m | ▼ 71,423% |
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 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92095B0004/00H002 | Wallonia | 5,268 m² | 1 · 3,923 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.