Summary
Finexcon is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €198,409 and a net result of €57,867. Equity is growing by ~28.9% per year across the filed fiscal years. Its solvency ranks better than 69% of 5565 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 · 7 filingsDeviation from the deadline
2025
28 d early
2024
34 d early
2023
22 d early
2022
31 d early
2021
30 d late
2020
4 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€198,409▲ 41.2%
2024 · €140,542
Net result
€57,867▲ 174%
2024 · €21,096
Total assets
€275,614▲ 33.7%
2024 · €206,211
Solvency
72.0%▲ 3.8pp
2024 · 68.2%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€167,801€152,002▼ 9.4%€155,519▲ 2.3%€205,216▲ 32.0%
Operating result€35,540▼ 31.6%€34,162▼ 3.9%€25,099▼ 26.5%€37,454▲ 49.2%€81,425▲ 117%
Net result€18,529▼ 47.3%€23,989▲ 29.5%€18,803▼ 21.6%€21,096▲ 12.2%€57,867▲ 174%
Equity€76,654▲ 31.9%€100,643▲ 31.3%€119,446▲ 18.7%€140,542▲ 17.7%€198,409▲ 41.2%
Total assets€147,626▲ 13.5%€177,789▲ 20.4%€176,642▼ 0.6%€206,211▲ 16.7%€275,614▲ 33.7%
Debt€70,972▼ 1.3%€77,146▲ 8.7%€57,196▼ 25.9%€65,668▲ 14.8%€77,205▲ 17.6%
Working capital€71,030▼ 14.0%€114,768▲ 61.6%€145,127▲ 26.5%€183,457▲ 26.4%€238,942▲ 30.2%
Solvency51.9%▲ 7.2pp56.6%▲ 4.7pp67.6%▲ 11.0pp68.2%▲ 0.5pp72.0%▲ 3.8pp
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 117% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €275,614
Equity
€198,409 ▲ 41.2%
Debt
€77,205 ▲ 17.6%
Debt's share of the balance-sheet total falls from 31.8% to 28.0%. Equity and debt are higher.
Key figures and ratios
ROE
29.2%▲
2024 · 15.0%
ROA
21.0%▲
2024 · 10.2%
Debt ≤ 1 year
€36,672▲
2024 · €22,685
Debt > 1 year
€40,000=
2024 · €40,000
Income taxes
€23,603▲
2024 · €10,883
Staff costs
€0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €167,801 | €152,002 | €155,519 | €205,216 | ▲ 32.0% |
| Non-recurring operating income76A | - | - | €6,787 | €4,642 | €0 | ▼ 100% |
| Goods, raw materials, services and sundry goods60/61 | - | €114,080 | €132,926 | €137,381 | €138,279 | ▲ 0.7% |
| Remuneration, social security and pensions62 | - | - | - | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,387 | €17,935 | €14,485 | €1,327 | €68 | ▼ 94.9% |
| Other operating charges640/8 | €1,004 | €1,624 | €2,277 | €1,311 | €1,232 | ▼ 6.0% |
| Non-recurring operating charges66A | €1,048 | - | - | - | - | - |
| Gross operating margin9900 | €48,978 | €53,721 | €41,860 | €40,092 | €82,726 | ▲ 106% |
| Operating profit (loss)9901 | €35,540 | €34,162 | €25,099 | €37,454 | €81,425 | ▲ 117% |
| Financial income75/76B | - | €958 | €5,034 | €2,871 | €3,338 | ▲ 16.3% |
| Recurring financial income75 | - | €958 | €5,034 | €2,871 | €3,338 | ▲ 16.3% |
| Financial charges65/66B | €8,481 | €1,029 | €859 | €8,345 | €3,293 | ▼ 60.5% |
| Recurring financial charges65 | €8,481 | €1,029 | €859 | €8,345 | €3,293 | ▼ 60.5% |
| Profit (loss) for the period before taxes9903 | €27,058 | €34,091 | €29,274 | €31,979 | €81,470 | ▲ 155% |
| Income taxes67/77 | €8,530 | €10,101 | €10,471 | €10,883 | €23,603 | ▲ 117% |
| Profit (loss) for the period9904 | €18,529 | €23,989 | €18,803 | €21,096 | €57,867 | ▲ 174% |
| Profit (loss) for the period to be appropriated9905 | €18,529 | €23,989 | €18,803 | €21,096 | €57,867 | ▲ 174% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €147,626 | €177,789 | €176,642 | €206,211 | €275,614 | ▲ 33.7% |
| Fixed assets21/28 | €46,167 | €29,337 | €14,852 | €68 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €46,167 | €29,337 | €14,852 | €68 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | €273 | - | - | - |
| Furniture and vehicles24 | €46,167 | €29,337 | €14,579 | €68 | €0 | ▼ 100% |
| Current assets29/58 | €101,459 | €148,452 | €161,789 | €206,143 | €275,614 | ▲ 33.7% |
| Amounts receivable after more than one year29 | - | €67,096 | €89,960 | €115,218 | €120,852 | ▲ 4.9% |
| Trade receivables290 | - | - | - | €115,218 | €120,852 | ▲ 4.9% |
| Other amounts receivable291 | - | €67,096 | €89,960 | - | - | - |
| Amounts receivable within one year40/41 | €51,682 | €19,582 | €29,111 | €35,780 | €49,243 | ▲ 37.6% |
| Trade receivables40 | €44,044 | €16,828 | €29,111 | €35,780 | €49,243 | ▲ 37.6% |
| Other amounts receivable41 | €7,638 | €2,754 | - | - | - | - |
| Cash at bank and in hand54/58 | €47,361 | €59,358 | €42,718 | €55,145 | €105,519 | ▲ 91.3% |
| Deferred charges and accrued income490/1 | €2,416 | €2,416 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €147,626 | €177,789 | €176,642 | €206,211 | €275,614 | ▲ 33.7% |
| Equity10/15 | €76,654 | €100,643 | €119,446 | €140,542 | €198,409 | ▲ 41.2% |
| Contributions10/11 | €6,200 | €6,200 | €8,060 | €8,060 | €6,200 | ▼ 23.1% |
| Capital10 | €6,200 | €6,200 | - | - | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | €12,400 | €12,400 | - | - | - | - |
| Reserves13 | €70,454 | €94,443 | €111,386 | €132,482 | €192,209 | ▲ 45.1% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Legal reserve130 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €68,594 | €92,583 | €111,386 | €132,482 | €192,209 | ▲ 45.1% |
| Amounts payable17/49 | €70,972 | €77,146 | €57,196 | €65,668 | €77,205 | ▲ 17.6% |
| Amounts payable after more than one year17 | €40,000 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Financial debts170/4 | €40,000 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Amounts payable within one year42/48 | €30,429 | €33,684 | €16,662 | €22,685 | €36,672 | ▲ 61.7% |
| Trade debts44 | €1,552 | €5,174 | €547 | €1,375 | €2,959 | ▲ 115% |
| Suppliers440/4 | €1,552 | €5,174 | €547 | €1,375 | €2,959 | ▲ 115% |
| Taxes, remuneration and social security45 | €28,877 | €28,510 | €16,115 | €21,310 | €33,713 | ▲ 58.2% |
| Taxes450/3 | €28,834 | €28,405 | €16,036 | €21,310 | €33,642 | ▲ 57.9% |
| Remuneration and social security454/9 | €44 | €105 | €79 | - | €71 | - |
| Accrued charges and deferred income492/3 | €543 | €3,462 | €533 | €2,983 | €533 | ▼ 82.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,529 | €23,989 | €18,803 | €21,096 | €57,867 | ▲ 174% |
| + Depreciation and write-downs630 | €11,387 | €17,935 | €14,485 | €1,327 | €68 | ▼ 94.9% |
| Operating cash flow (approximation) | €29,915 | €41,924 | €33,288 | €22,423 | €57,935 | ▲ 158% |
| Investment in fixed assets (approximation) | - | -€1,105 | €0 | €13,457 | €0 | ▼ 100% |
| Change in cash | - | €11,998 | -€16,640 | €12,426 | €50,375 | ▲ 305% |
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 · abbreviated schema
2025
31-12
Financial
Highest result since 2019net €57,867 ▲174%
Operating result €81,425, net result €57,867, both a record.
31-12
Financial
Equity above €150,000Eq €198,409 ▲41.2%
7 profitable years in a row build equity to €198,409.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity doublescurrent ratio 9.71
Current ratio from 4.41 to 9.71; short-term debt falls from €33,684 to €16,662.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €100,000Eq €100,643 ▲31.3%
4 profitable years in a row build equity to €100,643.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
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, Kinrooi · 1 establishment unit since 2019
Ground area
1,222 m²
Building footprint
202 m²
Volume, LiDAR
948 m³
Parcel 72026A0985/00E000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Finexcon
since 20192.288.463.293
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72026A0985/00E000 | Flanders | 1,222 m² | 1 · 202 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 13,527 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
Founded28-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0725782011
Registered
31-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.