FINE CAPITAL MANAGEMENT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €22k and a net result of €14k. Equity is growing by ~99.8% per year across the filed fiscal years. Its solvency ranks better than 14% of 8018 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 06-07-2026, 25 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
25 d early
2024
24 d early
2023
29 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€22k▲ 185%
2024 · €8k
2023: €7k
2024: €8k
2023 → 2025
Net result
€14k▲ 1,181%
2024 · €1k
2023: €4k
2024: €1k
2023 → 2025
Total assets
€297k▲ 0.1%
2024 · €296k
2023: €420k
2024: €296k
2023 → 2025
Solvency
7.4%▲ 4.8pp
2024 · 2.6%
2023: 1.6%
2024: 2.6%
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€7k-€8k▲ 16.9%€22k▲ 185%
Operating result€13k-€11k▼ 18.5%€19k▲ 73.9%
Net result€4k-€1k▼ 69.0%€14k▲ 1,181%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 74% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €297k
Fixed assets
€272k▲ 1.5%
Current assets
€25k▼ 13.2%
Equity and liabilities €297k
Equity
€22k▲ 185%
Debt
€275k▼ 4.8%
The debt ratio falls from 97.4% to 92.6%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
7.4%▲
2024 · 2.6%
ROE
64.9%▲
2024 · 14.5%
ROA
4.8%▲
2024 · 0.4%
Debt
€275k▼
2024 · €289k
Debt ≤ 1 year
€75k▼
2024 · €84k
Debt > 1 year
€196k=
2024 · €196k
Income taxes
€6k▲
2024 · €1k
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€296k€297k▲
Fixed assets21/28€268k€272k▲
Tangible fixed assets22/27-€4k
Land and buildings22-€2k
Other tangible fixed assets26-€2k
Financial fixed assets28€268k€268k=
Current assets29/58€28k€25k▼
Amounts receivable within one year40/41€25k€2k▼
Trade receivables40€24k-
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€3k€23k▲
Deferred charges and accrued income490/1€12€12=
Equity and liabilities
Total equity and liabilities10/49€296k€297k▲
Equity10/15€8k€22k▲
Contributions10/11€3k€3k=
Reserves13€5k€19k▲
Distributable reserves133€5k€19k▲
Amounts payable17/49€289k€275k▼
Amounts payable after more than one year17€196k€196k=
Financial debts170/4€196k€196k=
Amounts payable within one year42/48€84k€75k▼
Current portion of amounts payable after more than one year42€33k€33k=
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€6k€882▼
Taxes450/3€3k€882▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€43k€37k▼
Accrued charges and deferred income492/3€9k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€332
Other operating charges640/8€64€210▲
Gross operating margin9900€11k€19k▲
Operating profit (loss)9901€11k€19k▲
Financial income75/76B€6k-
Recurring financial income75€6k-
Non-recurring financial income76B€6k-
Financial charges65/66B€15k€-2k▼
Recurring financial charges65€15k€-2k▼
Profit (loss) for the period before taxes9903€2k€20k▲
Income taxes67/77€1k€6k▲
Profit (loss) for the period9904€1k€14k▲
Profit (loss) for the period to be appropriated9905€1k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€14k▲
Transfer to equity691/2€1k€14k▲
To other reserves6921€1k€14k▲
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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €14k ▲1181%
Operating result €19k, net result €14k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €1k ▼69%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · 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, Zulte · 1 establishment unit since 2023
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.
Brandstraat 709870 ZulteGround area
980 m²
Building footprint
137 m²
Volume, LiDAR
761 m³
Parcel 44037B0377/00L000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FINE CAPITAL MANAGEMENT
since 20232.340.124.703
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44037B0377/00L000 | Flanders | 980 m² | 1 · 137 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.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 7,730 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-01-2023
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
01210Crop and animal production, hunting and related service activities
01610Support activities for crop production
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.