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FINESCO BELGIUM

Active Private limited company (pre-2019)founded 1986active for 39 yearsChaussée Romaine 35, 7080 FrameriesKBO/BCE: BE 0429.953.389

Lifetime

20 annual accounts with figures on one time axis, 37 filings since 1987
peak €93,962 (2025)
€93,962▲ 41.4%
lowest -€73,855 (2024)
-€116▲ €73,739
peak €78,782 (2018)
-€68,787▼ €116
€427,867▼ 0.4%
Board4 names since 2018
- 
Documentsfilings and deeds
02-06-202659 days before the deadline
2025financial year
Turnover from €66,460 to €93,962Gross margin from €19,770 to €36,146Loss of €116Cash from €2,980 to €4,762

Key points

from the 2025 annual accounts

Equity

-€68,787
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€76,539 in three years
-2,5682023-73,8552024-1162025

Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.

Debts

€427,867 119% of the balance sheet
Financial debts 70%Suppliers 7%Other 23%

Of this, €127,479 falls due within a year.

Payment terms

178 days to suppliers
Suppliers
45 to 178

FINESCO BELGIUM pays its suppliers 133 days later than in 2024.

Filings

37 annual accounts since 1987
AprilJune31 JulyOctober1990200020102020

The 2022 accounts came 121 days late. The other nine of the last ten were filed on time.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,796 companies had the same profile as FINESCO BELGIUM has now. Each dot stands for 7 companies, two years later.

90.3%
were still trading
6.0%
stopped another way
2.1%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a small loss

Another 1.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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 3.0% 3.1%
10 5.6% 6.2%

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 2,796 companies, not a prediction for FINESCO BELGIUM. 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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Signals

Board and ownership

last known board
Manager, until 2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0429953389
Resignation: (director) Director discharge: · General meeting of 22-12-2020 · Gazette deed
Appointment: (director and manager) Permanent representative: · General meeting of 13-09-2018 · Gazette deed
Registered office moved from Baudour to Noirchain New registered office: Chaussée Romaine 35, 7080 NOIRCHAIN · Previous registered office: Avenue Louis Gobelet 162, 7331 BAUDOUR · Resignations: (manager) and (manager) · General meeting of 15-02-2018 · Gazette deed
All 48 events

Official details

Source: KBO
Status
Active since 27-11-1986Normal situation
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Reachable since 02-12-2025
Company details

Annual accounts 2025

€359,080▼ 0.5%
Filing
Filed on 02-06-2026, 59 days before the end of the filing period
Financials

Insights on FINESCO BELGIUM

FINESCO BELGIUM has existed since 1986. Turnover grew from €34,029 in 2006 to €93,962 in 2025.

Turnover has grown every year since 2020.

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 FINESCO BELGIUM

What is the company number of FINESCO BELGIUM?
The company number of FINESCO BELGIUM is 0429.953.389. The VAT number is the same number with BE in front: BE 0429.953.389.
Where is FINESCO BELGIUM based?
The registered office is at Chaussée Romaine 35, 7080 Frameries.Company details
What is the legal form of FINESCO BELGIUM?
FINESCO BELGIUM is a private limited company (pre-2019) (BVBA).
When was FINESCO BELGIUM founded?
FINESCO BELGIUM was founded on 27-11-1986.
Is FINESCO BELGIUM still active?
Yes, FINESCO BELGIUM is an active enterprise in the KBO register.
What is the turnover of FINESCO BELGIUM?
The turnover of FINESCO BELGIUM was €93,962 in financial year 2025, according to the filed annual accounts.Financials
Is FINESCO BELGIUM profitable?
In financial year 2025, FINESCO BELGIUM made a loss of €116.
Where can I find the annual accounts of FINESCO BELGIUM?
FINESCO BELGIUM filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FINESCO BELGIUM due?
FINESCO BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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