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Finefloor

Active Private limited companyfounded 2003active for 23 yearsStoopkensstraat 77, 3320 HoegaardenKBO/BCE: BE 0480.137.132

Lifetime

20 annual accounts with figures on one time axis, 22 filings since 2004
peak €395,558 (2021)
€162,280▲ 21.9%
lowest -€13,257 (2008)
€75,596▲ 24.7%
peak €735,273 (2024)
€656,477▼ 10.7%
€957,933▲ 0.5%
peak 0.9 FTE (2006)
-not published
Board1 name since 2012
1 director
Documentsfilings and deeds
13-08-202613 days late
2025abbreviated format
Gross margin from €133,177 to €162,280Dividend €154,392Investments €61,886Cash from €120,803 to €285,243

Key points

from the 2025 annual accounts

Equity

€656,477 ▼ 10.7%
735,2732024+75,596Profit-154,392Dividend656,4772025

Finefloor paid out €154,392 in dividends. That is 204% of the 2025 profit.

Investments

€61,886 3.8 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Filings

22 annual accounts since 2004
AprilJune31 JulyOctober20102020

Ten of the last ten came late. The 2024 accounts came latest: 60 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,768 companies had the same profile as Finefloor has now. Each dot stands for 37 companies, two years later.

96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,768 companies, not a prediction for Finefloor. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0480137132
Amendment of the articles · Legal-form change · Resignations & appointments Change of role: , from statutory manager to statutory director · Director discharge: (manager) · General meeting of 22-12-2023 · Gazette deed
Capital decrease of €43,900 to €18,600 Capital from €62,500 to €18,600 · Legal-form conversion: from public limited company to private limited company (pre-2019) · General meeting of 04-10-2018 · Gazette deed
First establishment Stoopkensstraat 77, Hoegaarden
All 33 events

Comparable companies

same main activity, similar in size and age
Company
Finefloor Hoegaarden €1.6m €162,280 40.7% -
THYS HOUT Kapellen €1.9m €256,997 81.9% 1.2
OST Houtzagerij en houthandel Maaseik €2.2m €164,301 71.6% 0.4
PROPERTYCAREPLUS Hotton €1.6m €262,077 0.9% -
EDE Consulting Geraardsbergen €1.1m €269,481 89.0% -
EDWARDS Ypres €1.4m €373,457 26.4% 5.3
G2 INVEST Roeselare €1.1m €70,697 34.8% -

These companies have the same main activity as Finefloor: sawmilling and planing of wood (NACE 16110). They are comparable in size and age: total assets between €1.1m and €2.2m, founded between 1996 and 2006.

Official details

Source: KBO
Status
Active since 02-05-2003Normal situation
Activity
Sawmilling and planing of woodNACE 16110
Establishment unit
2.131.609.9393320 Hoegaarden, since 21-05-2003
Financial year end
31 December
Peppol
Reachable since 25-06-2026
Company details

Annual accounts 2025

≈ €410,000estimated
€1.6m▼ 4.4%
Filing
Filed on 13-08-2026
Financials

Insights on Finefloor

Finefloor files the abbreviated format. That format states no turnover. The gross margin rose from €25,499 in 2006 to €162,280 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Finefloor

What is the company number of Finefloor?
The company number of Finefloor is 0480.137.132. The VAT number is the same number with BE in front: BE 0480.137.132.
Where is Finefloor based?
The registered office is at Stoopkensstraat 77, 3320 Hoegaarden.Company details
What does Finefloor do?
According to the KBO register, the main activity is sawmilling and planing of wood (NACE 16110).
What is the legal form of Finefloor?
Finefloor is a private limited company (BV).
When was Finefloor founded?
Finefloor was founded on 02-05-2003.
Is Finefloor still active?
Yes, Finefloor is an active enterprise in the KBO register.
How many employees does Finefloor have?
Finefloor had an average of 0.2 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of Finefloor?
The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €162,280 and 1,653 comparable companies of the same size. It probably lies between €250,000 and €770,000. It is a rough estimate.
Is Finefloor profitable?
In financial year 2025, Finefloor made a profit of €75,596.
Where can I find the annual accounts of Finefloor?
Finefloor filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Finefloor due?
Finefloor must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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