FINEC
ActiveFINEC has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.23M and a net result of €134k. Equity is growing by ~3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270k at 30 days acceptable
Liquidity ample (current ratio 19.74 against 19.84 in 2024; short-term debt: 4.4% and cash: 51.5% of total assets), and 4.4% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.6%
Return on assets
4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
26 d late
2023
65 d late
2022
29 d late
2021
31 d late
2020
30 d late
2019
47 d late
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.23M▲ 4.3%
2024 · €3.10M
2018: €2.58M
2019: €2.65M
2020: €2.67M
2021: €2.71M
2022: €2.76M
2023: €2.85M
2024: €3.10M
2018 → 2025
Total assets
€3.39M▲ 4.5%
2024 · €3.24M
2018: €2.62M
2019: €2.69M
2020: €2.71M
2021: €2.75M
2022: €2.79M
2023: €2.94M
2024: €3.24M
2018 → 2025
Net result
€134k▼ 46.9%
2024 · €252k
2018: €53k
2019: €73k
2020: €22k
2021: €35k
2022: €57k
2023: €86k
2024: €252k
2018 → 2025
Working capital
€2.79M▲ 8.0%
2024 · €2.59M
2018: €1.58M
2019: €1.68M
2020: €1.81M
2021: €1.93M
2022: €2.09M
2023: €2.26M
2024: €2.59M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.71M-€2.76M▲ 2.1%€2.85M▲ 3.1%€3.10M▲ 8.8%€3.23M▲ 4.3%
Operating result€31k-€64k▲ 106%€104k▲ 63.2%€357k▲ 245%€183k▼ 48.7%
Net result€35k-€57k▲ 61.2%€86k▲ 50.4%€252k▲ 193%€134k▼ 46.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 49% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.39M
Fixed assets
€443k▼ 14.4%
Current assets
€2.94M▲ 8.1%
Equity and liabilities €3.39M
Equity
€3.23M▲ 4.3%
Debt
€151k▲ 8.5%
The debt ratio rises from 4.3% to 4.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€258k▼
2024 · €432k
Cash flow
€208k▼
2024 · €327k
Solvency
95.6%▼
2024 · 95.7%
Current ratio
19.74▼
2024 · 19.84
Quick ratio
19.74▼
2024 · 19.84
Debt / equity
0.05▲
2024 · 0.04
ROE
4.1%▼
2024 · 8.1%
ROA
4.0%▼
2024 · 7.8%
Interest coverage
582.07▼
2024 · 1024.44
Debt
€151k▲
2024 · €139k
Debt ≤ 1 year
€149k▲
2024 · €137k
Income taxes
€64k▼
2024 · €121k
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€3.24M€3.39M▲
Fixed assets21/28€517k€443k▼
Tangible fixed assets22/27€516k€442k▼
Land and buildings22€417k€375k▼
Plant, machinery and equipment23€99k€67k▼
Financial fixed assets28€1k€1k=
Current assets29/58€2.72M€2.94M▲
Amounts receivable after more than one year29€650k€550k▼
Other amounts receivable291€650k€550k▼
Amounts receivable within one year40/41€521k€637k▲
Trade receivables40€295k€328k▲
Other amounts receivable41€226k€309k▲
Cash at bank and in hand54/58€1.54M€1.74M▲
Deferred charges and accrued income490/1€13k€12k▼
Equity and liabilities
Total equity and liabilities10/49€3.24M€3.39M▲
Equity10/15€3.10M€3.23M▲
Contributions10/11€1.30M€1.30M=
Capital10€1.30M€1.30M=
Issued capital100€1.30M€1.30M=
Reserves13€380k€514k▲
Non-distributable reserves130/1€130k€130k=
Legal reserve130€130k€130k=
Distributable reserves133€250k€384k▲
Profit (loss) carried forward14€1.42M€1.42M=
Amounts payable17/49€139k€151k▲
Amounts payable within one year42/48€137k€149k▲
Trade debts44€84k€122k▲
Suppliers440/4€84k€122k▲
Taxes, remuneration and social security45€40k€13k▼
Taxes450/3€40k€13k▼
Other amounts payable47/48€13k€14k▲
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€74k▼
Other operating charges640/8€42k€49k▲
Gross operating margin9900€474k€307k▼
Operating profit (loss)9901€357k€183k▼
Financial income75/76B€16k€15k▼
Recurring financial income75€16k€15k▼
Financial charges65/66B€422€443▲
Recurring financial charges65€422€443▲
Profit (loss) for the period before taxes9903€373k€198k▼
Income taxes67/77€121k€64k▼
Profit (loss) for the period9904€252k€134k▼
Profit (loss) for the period to be appropriated9905€252k€134k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.67M€1.55M▼
Profit (loss) brought forward from the previous period14P€1.42M€1.42M▲
Transfer to equity691/2€250k€134k▼
To other reserves6921€250k€134k▼
The notes to these accounts (4 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Highest result since 2018net €252k ▲193%
Operating result €357k, net result €252k, both a record.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 100.41
Current ratio from 46.19 to 100.41; short-term debt falls from €43k to €21k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €22k ▼69.4%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 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, Brussel
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.
Zoomlaan 21000 BrusselGround area
260 m²
Building footprint
262 m²
Volume, LiDAR
2,094 m³
Parcel 21822R0250/00Z003, Brussels · tallest building 17.5 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0250/00Z003 | Brussels | 259 m² | 1 · 262 m² | 17.5 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.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-12-1986
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 39 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.