FINFEL
ActiveFINFEL has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.16M and a net result of €3.97M. Equity is growing by ~3.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
93
/ 100
Excellent▲ +31 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency100=
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €390k at 30 days acceptable
Liquidity ample (current ratio 12.28 against 6.28 in 2024), and 18.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
81.6%
Return on assets
78%
Age of the figures
8 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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
22 d late
2023
13 d early
2022
3 d late
2021
19 d late
2020
8 d early
2019
on the day
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3.97M
2024 · €-72k
2018: €11k
2019: €11k
2020: €12k
2021: €11k
2022: €-2k
2023: €4k
2024: €-72k
2018 → 2025
Working capital
€4.68M▲ 3,008%
2024 · €151k
2018: €1.33M
2019: €1.04M
2020: €943k
2021: €220k
2022: €219k
2023: €223k
2024: €151k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€251k-€250k▼ 0.7%€254k▲ 1.7%€182k▼ 28.4%€4.16M▲ 2,189%
Operating result€-2k-€-2k▼ 0.2%€5k€-75k€-542k▼ 623%
Net result€11k-€-2k€4k€-72k€3.97M
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €542k in 2025 against €75k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €5.10M
Equity
€4.16M▲ 2,189%
Provisions
€525k
Debt
€415k▲ 1,357%
The debt ratio falls from 13.6% to 8.1%: equity grows faster than debt.
Key figures and ratios
Solvency
81.6%▼
2024 · 86.4%
Current ratio
12.28▲
2024 · 6.28
Quick ratio
12.28▲
2024 · 6.28
Debt / equity
0.10▼
2024 · 0.16
ROE
95.6%▲
2024 · -39.8%
ROA
78.0%▲
2024 · -34.4%
Debt
€415k▲
2024 · €29k
Debt ≤ 1 year
€415k▲
2024 · €29k
Income taxes
€431k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€210k€5.10M▲
Fixed assets21/28€31k-
Financial fixed assets28€31k-
Current assets29/58€179k€5.10M▲
Amounts receivable within one year40/41€309-
Other amounts receivable41€309-
Current investments50/53-€5.03M
Cash at bank and in hand54/58€179k€54k▼
Deferred charges and accrued income490/1-€16k
Equity and liabilities
Total equity and liabilities10/49€210k€5.10M▲
Equity10/15€182k€4.16M▲
Contributions10/11€178k€178k=
Capital10€178k€178k=
Issued capital100€178k€178k=
Reserves13€18k€3.99M▲
Non-distributable reserves130/1€18k€18k=
Legal reserve130€18k€18k=
Distributable reserves133-€3.97M
Profit (loss) carried forward14€-14k€-14k=
Provisions and deferred taxes16-€525k
Provisions for liabilities and charges160/5-€525k
Other liabilities and charges164/5-€525k
Amounts payable17/49€29k€415k▲
Amounts payable within one year42/48€29k€415k▲
Trade debts44€28k-
Suppliers440/4€28k-
Taxes, remuneration and social security45-€415k
Taxes450/3-€415k
Other amounts payable47/48€501€501=
Income statement
Code20242025
Provisions for liabilities and charges: additions (uses and reversals)635/8-€525k
Other operating charges640/8€437€400▼
Non-recurring operating charges66A€73k-
Gross operating margin9900€-2k€-17k▼
Operating profit (loss)9901€-75k€-542k▼
Financial income75/76B€3k€4.96M▲
Recurring financial income75€3k€69k▲
Non-recurring financial income76B-€4.89M
Financial charges65/66B€637€12k▲
Recurring financial charges65€637€12k▲
Profit (loss) for the period before taxes9903€-72k€4.40M▲
Income taxes67/77-€431k
Profit (loss) for the period9904€-72k€3.97M▲
Profit (loss) for the period to be appropriated9905€-72k€3.97M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€3.96M▲
Profit (loss) brought forward from the previous period14P€58k€-14k▼
Transfer to equity691/2-€3.97M
To other reserves6921-€3.97M
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €3.97M
Net result €3.97M after one loss-making year.
31-12
Financial
Equity above €2MEq €4.16M ▲2189%
Equity rises from €182k to €4.16M.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
31-12
Financial
Weakest financial yearnet €-72k ▼1799%
Net result drops to €-72k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 174.86
Current ratio from 50.05 to 174.86; short-term debt falls from €4k to €1k.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 19 days late
2021
31-12
Financial
Liquidity times 31current ratio 50.05
Current ratio from 1.61 to 50.05; short-term debt falls from €1.56M to €4k.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
GUNSETT Viviane Angèle
CurrentDirector · since 24-05-2023
SEYSSENS Roland
CurrentDirector · since 24-05-2023
24-05-2023
GUNSETT Viviane Angèle: Appointed as Director
24-05-2023
SEYSSENS Roland: Appointed as Director
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ninoofsesteenweg 11101080 Sint-Jans-MolenbeekGround area
364 m²
Building footprint
250 m²
Volume, LiDAR
1,579 m³
Parcel 21524C0041/00M017, Brussels · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FINFEL
since 20162.258.097.246
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0041/00M017 | Brussels | 364 m² | 1 · 250 m² | 10.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-02-2016
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.