FINÉCAP
ActiveSummary
FINÉCAP has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€186,776) and a net result of -€67,020. Equity is shrinking by about 47% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- -€186,776
- Loss
- -€67,020
- FAYT Valentin Joël EmmanuëlDirector
- GUYAUX FlorentDirector
- MUSCH Louise Cécile OliviaDirector
Why 54raises riskCapped at 59: negative equityNegative equity -€186,7761 of the last 3 latelowers riskSize: total assets €1.5mNo main activity registeredShow the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 11% on solvency, 90% on liquidity, 19% on profitability and 8% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average on the deadline day; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Liquidity more than 1695 timescurrent ratio 78.44
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result stays negative: a loss of €19,851 in 2025 against €36,634 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 1,251 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 96.6% are still going.
- Small
- 2 to 5 years old
- negative equity
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,251 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 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,185 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,927 | €7,354 | - | - |
| Other operating charges640/8 | €814 | €1,916 | €1,204 | ▼ 37.2% |
| Gross operating margin9900 | -€66,041 | -€27,364 | -€18,647 | ▲ 31.9% |
| Operating profit (loss)9901 | -€72,783 | -€36,634 | -€19,851 | ▲ 45.8% |
| Financial income75/76B | €8 | - | €4 | - |
| Recurring financial income75 | €8 | - | €4 | - |
| Financial charges65/66B | €5,304 | €8,042 | €47,173 | ▲ 487% |
| Recurring financial charges65 | €5,304 | €8,042 | €47,173 | ▲ 487% |
| Profit (loss) for the period before taxes9903 | -€78,079 | -€44,676 | -€67,020 | ▼ 50.0% |
| Profit (loss) for the period9904 | -€78,079 | -€44,676 | -€67,020 | ▼ 50.0% |
| Profit (loss) for the period to be appropriated9905 | -€78,079 | -€44,676 | -€67,020 | ▼ 50.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €0.2m | €0.3m | €1.5m | ▲ 441% |
| Fixed assets21/28 | €0.2m | €0.3m | €0.9m | ▲ 234% |
| Tangible fixed assets22/27 | €0.2m | €0.3m | €0.9m | ▲ 234% |
| Land and buildings22 | €0.2m | €0.3m | €0.9m | ▲ 234% |
| Current assets29/58 | €0.03m | €0.005m | €0.6m | ▲ 112× |
| Amounts receivable within one year40/41 | - | - | €0.002m | - |
| Trade receivables40 | - | - | €0.002m | - |
| Other amounts receivable41 | - | - | €27 | - |
| Cash at bank and in hand54/58 | €0.03m | €0.005m | €0.6m | ▲ 112× |
| Deferred charges and accrued income490/1 | - | - | €353 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €0.2m | €0.3m | €1.5m | ▲ 441% |
| Equity10/15 | -€0.08m | -€0.1m | -€0.2m | ▼ 56.0% |
| Contributions10/11 | €0.003m | €0.003m | €0.003m | = |
| Profit (loss) carried forward14 | -€0.08m | -€0.1m | -€0.2m | ▼ 54.6% |
| Amounts payable17/49 | €0.3m | €0.4m | €1.6m | ▲ 322% |
| Amounts payable after more than one year17 | €0.3m | €0.3m | €1.6m | ▲ 487% |
| Financial debts170/4 | €0.2m | €0.2m | €1.5m | ▲ 856% |
| Other amounts payable178/9 | €0.1m | €0.1m | €0.1m | = |
| Amounts payable within one year42/48 | €0.009m | €0.1m | €0.007m | ▼ 93.4% |
| Current portion of amounts payable after more than one year42 | €0.007m | €0.007m | €0.007m | ▲ 3.3% |
| Financial debts43 | - | €4 | - | - |
| Credit institutions430/8 | - | €4 | - | - |
| Trade debts44 | - | €0.1m | - | - |
| Suppliers440/4 | - | €0.1m | - | - |
| Other amounts payable47/48 | €0.003m | €0.004m | €230 | ▼ 93.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€78,079 | -€44,676 | -€67,020 | ▼ 50.0% |
| + Depreciation and write-downs630 | €5,927 | €7,354 | - | - |
| Operating cash flow (approximation) | -€72,152 | -€37,322 | -€67,020 | ▼ 79.6% |
| Investment in fixed assets (approximation) | - | -€99,521 | -€618,977 | ▼ 522% |
| Change in cash | - | -€22,360 | €566,541 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00214126 |
| 31-12-2024 | micro format | 01-07-2025 | 2025-00231981 |
| 31-12-2023 | micro format | 30-09-2024 | 2024-00488648 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| FAYT Valentin Joël Emmanuël |
|
| GUYAUX Florent |
|
| MUSCH Louise Cécile Olivia |
|
| FAYT Valentin |
|
Owners and capital
Capital and shareholders
- GUYAUX Florent 15 shares
- MUSCH Louise 15 shares
- FAYT Valentin to GUYAUX Florent
- FAYT Valentin to MUSCH Louise
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
18-03
Gazette deed
Resignation: FAYT Valentin (director)Share transfer · Shareholding8 facts ▸
- General meeting, 18-12-2024
- Share transfer, FAYT Valentin → GUYAUX Florent
- Share transfer, FAYT Valentin → MUSCH Louise
- Shareholding, “actions”, 18-12-2024 (deed in French) (2 times)
- Director resignation, FAYT Valentin (director)
- Other provision, “décharge du mandat de l'administrateur sortant, à analyser” (deed in French)
- Director in office, GUYAUX Florent (director)
- Director in office, MUSCH Louise (director)
21-11
Gazette deed
IncorporationAppointments: FAYT Valentin Joël Emmanuël, MUSCH Louise Cécile Olivia and GUYAUX Florent · Founder · Capital14 facts ▸
- Incorporation, “FINÉCAP” (deed in French)
- Founder, FAYT Valentin Joël Emmanuël (comparant)
- Founder, GUYAUX Florent (comparant)
- Founder, MUSCH Louise Cécile Olivia (comparant)
- Other provision, “avertissement fondateurs et plan financier, 5:16,2° Code des Sociétés et des Associations” (deed in French)
- Capital
- Founding capital, €3,000
- Bank account, “BELFIUS, compte spécial au nom de la société en formation” (deed in French)
- Board rule, 3, “assemblée” (deed in French)
- Director appointment, FAYT Valentin Joël Emmanuël (director (not named in the articles))
- Director appointment, MUSCH Louise Cécile Olivia (director (not named in the articles))
- Director appointment, GUYAUX Florent (director (not named in the articles))
- +2 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 56015A0793/00W003 | Wallonia | 1,478 m² | 1 · 97 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L'achat,la vente,la gestion,la construction,le leasing,la transformation,l'aménagement,la décoration,la location,la…” (deed in French)
4 activities (deed in French)
- L'achat,la vente,la gestion,la construction,le leasing,la transformation,l'aménagement,la décoration,la location,la sous-location,l'exploitation,l'échange,la division,le lotissement,la promotion et en général tout ce qui se rattache directement ou indirectement à la mise en valeur de propriétés immobilières,bâties ou non bâties.
- Faire en tous lieux,de toutes les manières,et suivant les modalités les mieux appropriées,toutes opérations industrielles,commerciales,financières,mobilières et immobilières se rattachant directement ou indirectement à l'objet ou pouvant en faciliter la réalisation.
- Prendre ou donner en bail,aliéner,acquérir tous immeubles et fonds de commerce,acquérir,exploiter,concéder ou céder tous brevets ou entreprises existantes ou à créer dont l'objet serait similaire,analogue ou connexe au sien ou serait susceptible de constituer pour elle un débouché.
- Au cas où la prestation de certains actes serait soumise à des conditions préalables d'accès à la profession,la société subordonnera son action,en ce qui concerne la prestation de ces actes,à la réalisation de ces conditions.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FINÉCAP
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs,succursales,agences,ateliers ou dépôts en tous lieux en Belgique ou à l'étranger par simple décision…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “L'assemblée qui nomme le ou les administrateur(s) fixe leur nombre, la durée de leur mandat et, en cas de pluralité, leurs pouvoirs. A…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Personnes physiques ou morales,actionnaires ou non, 1” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cessions entre vifs ou transmissions pour cause de mort sans agrément uniquement à un actionnaire, frais procédure et expertise moitié…” (deed in French)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Administrateurs en fonction désignés liquidateurs en vertu des statuts si aucun autre désigné,sans préjudice faculté assemblée de désigner…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed