Fines Services
ActiveSummary
Fines Services has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €213k and a net result of €38k. Equity is growing by ~29.2% per year across the filed fiscal years. Its solvency ranks better than 76% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▼-14
Solvency100▲+2
Growth52=
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 4.26 against 2.97 in 2024; short-term debt: 20.4% and cash: 40.8% of total assets), and 22.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
77.8%
Return on assets
13.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
28 d early
2024
7 d early
2023
12 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€213k▲ 21.3%
2024 · €176k
2023: €111klowest in 3 years
2024: €176k▲ +59.0% vs 2023
2025: €213k▲ +21.3% vs 2024highest in 3 years
2023 → 2025
Total assets
€274k▲ 13.7%
2024 · €241k
2023: €163klowest in 3 years
2024: €241k▲ +48.2% vs 2023
2025: €274k▲ +13.7% vs 2024highest in 3 years
2023 → 2025
Net result
€38k▼ 42.6%
2024 · €65k
2023: €111khighest in 3 years
2024: €65k▼ -40.9% vs 2023
2025: €38k▼ -42.6% vs 2024lowest in 3 years
2023 → 2025
Working capital
€183k▲ 41.7%
2024 · €129k
2023: €90klowest in 3 years
2024: €129k▲ +43.4% vs 2023
2025: €183k▲ +41.7% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€111k-€176k▲ 59.0%€213k▲ 21.3%
2023: €111klowest in 3 years
2024: €176k▲ +59.0% vs 2023
2025: €213k▲ +21.3% vs 2024highest in 3 years
Operating result€143k-€84k▼ 41.6%€50k▼ 40.7%
2023: €143khighest in 3 years
2024: €84k▼ -41.6% vs 2023
2025: €50k▼ -40.7% vs 2024lowest in 3 years
Net result€111k-€65k▼ 40.9%€38k▼ 42.6%
2023: €111khighest in 3 years
2024: €65k▼ -40.9% vs 2023
2025: €38k▼ -42.6% vs 2024lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 41% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €274k
Fixed assets
€36k ▼ 24.4%
Current assets
€239k ▲ 22.9%
Equity and liabilities €274k
Equity
€213k ▲ 21.3%
Debt
€61k ▼ 6.9%
Debt's share of the balance-sheet total falls from 27.1% to 22.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€61k▼
2024 · €94k
Cash flow
€49k▼
2024 · €76k
Current ratio
4.26▲
2024 · 2.97
Debt to equity
0.29▼
2024 · 0.37
ROE
17.6%▼
2024 · 37.1%
ROA
13.7%▼
2024 · 27.1%
Interest coverage
503.55▼
2024 · 643.11
Debt ≤ 1 year
€56k▼
2024 · €65k
Income taxes
€12k▼
2024 · €18k
Staff costs
€0=
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€241k€274k▲
Fixed assets21/28€47k€36k▼
Tangible fixed assets22/27€47k€36k▼
Furniture and vehicles24€37k€27k▼
Other tangible fixed assets26€10k€9k▼
Current assets29/58€194k€239k▲
Amounts receivable within one year40/41€158k€127k▼
Trade receivables40€28k€12k▼
Other amounts receivable41€131k€115k▼
Cash at bank and in hand54/58€36k€112k▲
Deferred charges and accrued income490/1-€84
Equity and liabilities
Total equity and liabilities10/49€241k€274k▲
Equity10/15€176k€213k▲
Contributions10/11€100€100=
Reserves13€176k€213k▲
Distributable reserves133€176k€213k▲
Amounts payable17/49€65k€61k▼
Amounts payable within one year42/48€65k€56k▼
Trade debts44€12k€3k▼
Suppliers440/4€12k€3k▼
Taxes, remuneration and social security45€48k€45k▼
Taxes450/3€41k€37k▼
Remuneration and social security454/9€7k€7k=
Other amounts payable47/48€5k€9k▲
Accrued charges and deferred income492/3-€5k
Income statement
Code20242025
Remuneration, social security and pensions62€0€0=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€95k€63k▼
Operating profit (loss)9901€84k€50k▼
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€146€121▼
Recurring financial charges65€146€121▼
Profit (loss) for the period before taxes9903€83k€49k▼
Income taxes67/77€18k€12k▼
Profit (loss) for the period9904€65k€38k▼
Profit (loss) for the period to be appropriated9905€65k€38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€65k€38k▼
Transfer to equity691/2€65k€38k▼
To other reserves6921€65k€38k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €0 | €0 | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €11k | €11k | ▲ 7.6% |
| Other operating charges640/8 | €1k | €1k | €2k | ▲ 82.0% |
| Gross operating margin9900 | €148k | €95k | €63k | ▼ 33.7% |
| Operating profit (loss)9901 | €143k | €84k | €50k | ▼ 40.7% |
| Financial income75/76B | €0 | €2 | - | - |
| Recurring financial income75 | €0 | €2 | - | - |
| Financial charges65/66B | €74 | €146 | €121 | ▼ 17.3% |
| Recurring financial charges65 | €74 | €146 | €121 | ▼ 17.3% |
| Profit (loss) for the period before taxes9903 | €143k | €83k | €49k | ▼ 40.8% |
| Income taxes67/77 | €32k | €18k | €12k | ▼ 34.2% |
| Profit (loss) for the period9904 | €111k | €65k | €38k | ▼ 42.6% |
| Profit (loss) for the period to be appropriated9905 | €111k | €65k | €38k | ▼ 42.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €163k | €241k | €274k | ▲ 13.7% |
| Fixed assets21/28 | €21k | €47k | €36k | ▼ 24.4% |
| Tangible fixed assets22/27 | €21k | €47k | €36k | ▼ 24.4% |
| Furniture and vehicles24 | €14k | €37k | €27k | ▼ 27.6% |
| Other tangible fixed assets26 | €6k | €10k | €9k | ▼ 12.6% |
| Current assets29/58 | €142k | €194k | €239k | ▲ 22.9% |
| Amounts receivable within one year40/41 | €69k | €158k | €127k | ▼ 19.9% |
| Trade receivables40 | €69k | €28k | €12k | ▼ 57.5% |
| Other amounts receivable41 | - | €131k | €115k | ▼ 11.9% |
| Cash at bank and in hand54/58 | €73k | €36k | €112k | ▲ 211% |
| Deferred charges and accrued income490/1 | - | - | €84 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €163k | €241k | €274k | ▲ 13.7% |
| Equity10/15 | €111k | €176k | €213k | ▲ 21.3% |
| Contributions10/11 | €100 | €100 | €100 | = |
| Reserves13 | €111k | €176k | €213k | ▲ 21.3% |
| Distributable reserves133 | €111k | €176k | €213k | ▲ 21.3% |
| Amounts payable17/49 | €52k | €65k | €61k | ▼ 6.9% |
| Amounts payable within one year42/48 | €52k | €65k | €56k | ▼ 14.2% |
| Trade debts44 | €325 | €12k | €3k | ▼ 75.6% |
| Suppliers440/4 | €325 | €12k | €3k | ▼ 75.6% |
| Taxes, remuneration and social security45 | €30k | €48k | €45k | ▼ 7.0% |
| Taxes450/3 | €26k | €41k | €37k | ▼ 8.2% |
| Remuneration and social security454/9 | €4k | €7k | €7k | = |
| Other amounts payable47/48 | €22k | €5k | €9k | ▲ 67.5% |
| Accrued charges and deferred income492/3 | - | - | €5k | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €111k | €65k | €38k | ▼ 42.6% |
| + Depreciation and write-downs630 | €4k | €11k | €11k | ▲ 7.6% |
| Operating cash flow (approximation) | €115k | €76k | €49k | ▼ 35.5% |
| Investment in fixed assets (approximation) | - | €-37k | €0 | ▲ 100% |
| Change in cash | - | €-37k | €76k | ▲ 306% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €38k ▼42.6%
Net result drops to €38k, the lowest in the series.
31-12
Financial
Equity above €200kEq €213k ▲21.3%
3 profitable years in a row build equity to €213k.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €176k ▲59%
2 profitable years in a row build equity to €176k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Staden · 2 establishment units since 2022
Ground area
3,602 m²
Building footprint
917 m²
Volume, LiDAR
5,460 m³
2 parcels, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Finest Connect
since 20222.363.478.046
Finest Connect
since 20222.363.478.145
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36019A1260/00C000 | Flanders | 2,335 m² | 1 · 768 m² | 7.3 m · 2 fl. |
| 36006A0188/00F000 | Flanders | 1,266 m² | 1 · 148 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,511. 2,432 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.