FINE GLOBAL SOLUTIONS
ActiveFINE GLOBAL SOLUTIONS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €38k and a net result of €42k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▲+49
Solvency41▲+19
Growth85▲+30
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 0.97 in 2023; short-term debt: 84.3% and cash: 9.1% of total assets), and 84.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
15.7%
Return on assets
17.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
54 d late
2023
37 d early
2022
200 d late
2021
25 d late
2020
29 d late
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€593k▲ 261%
2019 · €164k
2018: €240k
2019: €164k
2018 → 2020
EBIT margin
-1.2%▼ 17.0pp
2019 · 15.8%
2018: 3.0%
2019: 15.8%
2018 → 2020
Net result
€42k▲ 1,241%
2023 · €3k
2018: €7k
2019: €26k
2020: €-9k
2021: €-32k
2022: €-4k
2023: €3k
2018 → 2024
Working capital
€36k
2023 · €-5k
2018: €11k
2019: €37k
2020: €29k
2021: €-3k
2022: €-8k
2023: €-5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€593k-
Equity€28k-€-4k€-8k▼ 110%€-5k▲ 40.4%€38k
Operating result€-7k-€-31k▼ 339%€-3k▲ 89.4%€4k€50k▲ 1,038%
Net result€-9k-€-32k▼ 249%€-4k▲ 87.2%€3k€42k▲ 1,241%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 1,038% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €240k
Fixed assets
€2k▲ 194%
Current assets
€238k▲ 48.1%
Equity and liabilities €240k
Equity
€38k
Debt
€202k
Debt finances 84.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€50k
Cash flow
€43k
Solvency
15.7%▲
2023 · -2.9%
Current ratio
1.18▲
2023 · 0.97
Quick ratio
1.18▲
2023 · 0.97
Debt / equity
5.37▲
2023 · -35.60
ROE
112.4%
ROA
17.6%▲
2023 · 2.0%
Interest coverage
6.76
Debt
€202k▲
2023 · €166k
Debt ≤ 1 year
€202k▲
2023 · €166k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€161k€240k▲
Fixed assets21/28€592€2k▲
Tangible fixed assets22/27-€1k
Furniture and vehicles24-€1k
Financial fixed assets28€592€592=
Current assets29/58€161k€238k▲
Amounts receivable within one year40/41€152k€216k▲
Trade receivables40€147k€210k▲
Other amounts receivable41€4k€6k▲
Cash at bank and in hand54/58€9k€22k▲
Equity and liabilities
Total equity and liabilities10/49€161k€240k▲
Equity10/15€-5k€38k▲
Contributions10/11€62k€62k=
Reserves13€35k€35k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Distributable reserves133€29k€29k=
Profit (loss) carried forward14€-102k€-60k▲
Amounts payable17/49€166k€202k▲
Amounts payable within one year42/48€166k€202k▲
Trade debts44€158k€161k▲
Suppliers440/4€158k€161k▲
Taxes, remuneration and social security45-€13k
Remuneration and social security454/9-€13k
Other amounts payable47/48€8k€27k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€336
Other operating charges640/8-€538
Gross operating margin9900€4k€51k▲
Operating profit (loss)9901€4k€50k▲
Financial charges65/66B€1k€7k▲
Recurring financial charges65€1k€7k▲
Profit (loss) for the period before taxes9903€3k€42k▲
Profit (loss) for the period9904€3k€42k▲
Profit (loss) for the period to be appropriated9905€3k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-102k€-60k▲
Profit (loss) brought forward from the previous period14P€-105k€-102k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Highest result since 2018net €42k ▲1241%
Operating result €50k, net result €42k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
16-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 200 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 3 loss-making years.
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Liquidity times 8current ratio 10.58
Current ratio from 1.31 to 10.58; short-term debt falls from €36k to €4k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
26-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 26 days late
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 7 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Wezembeek-Oppem · 1 establishment unit since 1990
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.
Gergelstraat 1261970 Wezembeek-OppemGround area
1,248 m²
Building footprint
238 m²
Volume, LiDAR
807 m³
2 parcels, Flanders, Wallonia · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CHANG
since 19902.049.452.523
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62081C0454/00D000 | Wallonia | 969 m² | 1 · 148 m² | - |
| 22006B0073/00S000 | Flanders | 280 m² | 1 · 90 m² | 12.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
9845001C1C1FED040106
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Of 4,431 companies in sector 46180 we hold annual accounts for 1,887. 1,316 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-04-1990
Fiscal year end31-12
Abbreviation FR
F.G.S.
Activities, NACEBEL
45192
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.