Ten of the last ten came late. The 2024 accounts came latest: 60 days after the end of the period.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0480137132
Amendment of the articles · Legal-form change · Resignations & appointments
Change of role: Hidden nameVisible after signing in, from statutory manager to statutory director · Director discharge: Name after signing inVisible after signing in (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
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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