FINFISCO
ActiveSummary
FINFISCO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61k and a net result of €182k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 14% of 3200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+1
Solvency34=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.81 in 2024; short-term debt: 78% and cash: 11.5% of total assets), and 91.5% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
8.5%
Return on assets
25.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 3200 sector peers (2025).
NBB · sector comparisonPosition among 3200 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
29 d late
2024
30 d late
2023
30 d late
2022
28 d late
2021
31 d late
2020
30 d late
2019
91 d late
← 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
History
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€182k▲ 11.0%
2024 · €164k
Working capital
€-119k▼ 33.3%
2024 · €-89k
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
Operating result€111k▲ 24.0%€140k▲ 25.7%€75k▼ 46.3%€191k▲ 154%€205k▲ 7.5%
Net result€89k▲ 14.3%€124k▲ 38.5%€63k▼ 48.8%€164k▲ 159%€182k▲ 11.0%
Equity€59k▼ 1.2%€62k▲ 3.9%€61k▼ 0.3%€61k▼ 0.3%€61k=
Total assets€553k▼ 1.8%€619k▲ 11.8%€719k▲ 16.2%€689k▼ 4.1%€720k▲ 4.5%
Debt€472k▼ 1.5%€537k▲ 13.8%€640k▲ 19.1%€613k▼ 4.3%€646k▲ 5.5%
Working capital€-47k▼ 26.1%€-88k▼ 88.4%€-135k▼ 52.2%€-89k▲ 33.6%€-119k▼ 33.3%
Staff (FTE)11▲ 22.2%11.3▲ 2.7%11.3=11.3=11.6▲ 2.7%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €720k
Fixed assets
€278k ▼ 9.2%
Current assets
€443k ▲ 15.5%
Equity and liabilities €720k
Equity
€61k =
Provisions
€13k ▼ 14.4%
Debt
€646k ▲ 5.5%
Debt's share of the balance-sheet total rises from 88.9% to 89.7%. Debt is higher.
Key figures and ratios
EBITDA
€238k▼
2024 · €239k
Cash flow
€216k▲
2024 · €212k
Current ratio
0.79▼
2024 · 0.81
Debt to equity
10.55▲
2024 · 10.01
ROE
297.4%▲
2024 · 268.1%
ROA
25.3%▲
2024 · 23.8%
Interest coverage
18.18▼
2024 · 24.52
Debt ≤ 1 year
€562k▲
2024 · €473k
Debt > 1 year
€81k▼
2024 · €134k
Income taxes
€21k▲
2024 · €20k
Staff costs
€798k▲
2024 · €747k
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €534k | €632k | €705k | €747k | €798k | ▲ 6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31k | €30k | €40k | €48k | €33k | ▼ 30.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €3k | €4k | €9k | €13k | €7k | ▼ 43.9% |
| Other operating charges640/8 | €2k | €2k | €2k | €2k | €2k | ▼ 4.1% |
| Gross operating margin9900 | €680k | €808k | €831k | €1.00M | €1.05M | ▲ 4.4% |
| Operating profit (loss)9901 | €111k | €140k | €75k | €191k | €205k | ▲ 7.5% |
| Financial income75/76B | €3k | €2k | €9k | €1k | €21k | ▲ 1,680% |
| Recurring financial income75 | €3k | €2k | €2k | €1k | €786 | ▼ 33.8% |
| Non-recurring financial income76B | - | - | €7k | - | €20k | - |
| Financial charges65/66B | €16k | €7k | €10k | €10k | €25k | ▲ 159% |
| Recurring financial charges65 | €6k | €6k | €8k | €10k | €13k | ▲ 34.6% |
| Non-recurring financial charges66B | €10k | €960 | €2k | - | €12k | - |
| Profit (loss) for the period before taxes9903 | €97k | €134k | €75k | €182k | €201k | ▲ 10.3% |
| Transfer from deferred taxes780 | €2k | €2k | €2k | €2k | €2k | = |
| Income taxes67/77 | €10k | €13k | €13k | €20k | €21k | ▲ 4.1% |
| Profit (loss) for the period9904 | €89k | €124k | €63k | €164k | €182k | ▲ 11.0% |
| Transfer from tax-exempt reserves789 | €4k | €4k | €4k | €4k | €4k | = |
| Profit (loss) for the period to be appropriated9905 | €94k | €128k | €68k | €169k | €187k | ▲ 10.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €553k | €619k | €719k | €689k | €720k | ▲ 4.5% |
| Fixed assets21/28 | €247k | €266k | €323k | €306k | €278k | ▼ 9.2% |
| Intangible fixed assets21 | €21k | €14k | €7k | €1 | €1 | = |
| Tangible fixed assets22/27 | €221k | €248k | €311k | €301k | €273k | ▼ 9.3% |
| Plant, machinery and equipment23 | €6k | €8k | €37k | €33k | €65k | ▲ 95.7% |
| Furniture and vehicles24 | €16k | €16k | €66k | €74k | €18k | ▼ 75.5% |
| Other tangible fixed assets26 | €199k | €225k | €208k | €193k | €190k | ▼ 1.8% |
| Financial fixed assets28 | €5k | €5k | €5k | €5k | €5k | = |
| Current assets29/58 | €306k | €352k | €396k | €383k | €443k | ▲ 15.5% |
| Amounts receivable within one year40/41 | €220k | €280k | €290k | €261k | €356k | ▲ 36.4% |
| Trade receivables40 | €220k | €220k | €268k | €229k | €298k | ▲ 29.9% |
| Other amounts receivable41 | - | €60k | €21k | €32k | €58k | ▲ 82.4% |
| Cash at bank and in hand54/58 | €77k | €63k | €98k | €110k | €83k | ▼ 24.8% |
| Deferred charges and accrued income490/1 | €9k | €9k | €8k | €12k | €3k | ▼ 72.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €553k | €619k | €719k | €689k | €720k | ▲ 4.5% |
| Equity10/15 | €59k | €62k | €61k | €61k | €61k | = |
| Contributions10/11 | €77k | €77k | €77k | €77k | €77k | = |
| Capital10 | €72k | €72k | €72k | €72k | €72k | = |
| Issued capital100 | €72k | €72k | €72k | €72k | €72k | = |
| Outside capital11 | €5k | €5k | €5k | €5k | €5k | = |
| Share premium1100/10 | €5k | €5k | €5k | €5k | €5k | = |
| Reserves13 | €56k | €58k | €58k | €58k | €58k | = |
| Non-distributable reserves130/1 | €6k | €7k | €7k | €7k | €7k | = |
| Legal reserve130 | €6k | €7k | €7k | €7k | €7k | = |
| Tax-exempt reserves132 | €44k | €40k | €35k | €31k | €26k | ▼ 14.4% |
| Distributable reserves133 | €6k | €11k | €15k | €20k | €24k | ▲ 22.5% |
| Profit (loss) carried forward14 | €-74k | €-74k | €-74k | €-74k | €-74k | = |
| Provisions and deferred taxes16 | €22k | €19k | €17k | €15k | €13k | ▼ 14.4% |
| Deferred taxes168 | €22k | €19k | €17k | €15k | €13k | ▼ 14.4% |
| Amounts payable17/49 | €472k | €537k | €640k | €613k | €646k | ▲ 5.5% |
| Amounts payable after more than one year17 | €117k | €90k | €87k | €134k | €81k | ▼ 40.0% |
| Financial debts170/4 | €117k | €90k | €87k | €134k | €81k | ▼ 40.0% |
| Amounts payable within one year42/48 | €353k | €441k | €531k | €473k | €562k | ▲ 18.8% |
| Current portion of amounts payable after more than one year42 | €26k | €27k | €30k | €68k | €63k | ▼ 6.3% |
| Financial debts43 | €79k | €83k | €97k | €105k | €116k | ▲ 11.0% |
| Credit institutions430/8 | €79k | €83k | €97k | €105k | €116k | ▲ 11.0% |
| Trade debts44 | €73k | €79k | €202k | €24k | €71k | ▲ 190% |
| Suppliers440/4 | €73k | €79k | €202k | €24k | €71k | ▲ 190% |
| Taxes, remuneration and social security45 | €85k | €131k | €137k | €112k | €129k | ▲ 15.6% |
| Taxes450/3 | €20k | €50k | €68k | €16k | €44k | ▲ 170% |
| Remuneration and social security454/9 | €66k | €80k | €69k | €95k | €85k | ▼ 10.8% |
| Other amounts payable47/48 | €90k | €122k | €64k | €164k | €182k | ▲ 10.8% |
| Accrued charges and deferred income492/3 | €2k | €7k | €22k | €6k | €4k | ▼ 32.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €89k | €124k | €63k | €164k | €182k | ▲ 11.0% |
| + Depreciation and write-downs630 | €31k | €30k | €40k | €48k | €33k | ▼ 30.6% |
| Operating cash flow (approximation) | €120k | €154k | €103k | €212k | €216k | ▲ 1.5% |
| Investment in fixed assets (approximation) | - | €-50k | €-96k | €-31k | €-5k | ▲ 82.6% |
| Change in cash | - | €-14k | €35k | €12k | €-27k | ▼ 322% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-09
State Gazette act
Incorporation · Founder
Founding capital · Bank account
23-09
State Gazette act
Registered-office move · Power of attorney
22-09
State Gazette act
Incorporation · Duration
Partner · Capital
21-09
State Gazette act
Board meeting · Registered-office move
Power of attorney
21-09
State Gazette act
Board meeting · Registered-office move
Power of attorney
21-09
State Gazette act
Board meeting · Registered-office move
Power of attorney
17-09
State Gazette act
General meeting · Registered-office move
Power of attorney · Other statement
17-09
State Gazette act
Incorporation · Founder
Founding capital · Fiscal year
11-09
State Gazette act
Incorporation · Name clause
Registered office clause · Duration
08-09
State Gazette act
Incorporation · Legal form clause
Name clause · Registered office clause
08-09
State Gazette act
Legal form clause · Registered office clause
Duration · Partner
01-09
State Gazette act
Legal form clause · Name clause
Registered office clause · Duration
Show earlier events
31-08
State Gazette act
General meeting · Registered-office move
Power of attorney
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 29 days late
26-08
State Gazette act
Board meeting · Registered-office move
Power of attorney
14-08
State Gazette act
General meeting · Registered-office move
Power of attorney
14-08
State Gazette act
General meeting · Director resignation
Registered-office move · Share transfer
10-08
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
10-08
State Gazette act
General meeting · Dissolution
Liquidation closure · Net-asset statement
07-08
State Gazette act
General meeting · Registered-office move
07-08
State Gazette act
General meeting · Board meeting
Director resignation · Power of attorney
07-08
State Gazette act
General meeting · Registered-office move
Power of attorney
09-07
State Gazette act
Incorporation · Founder
Founding capital · Director appointment
09-07
State Gazette act
Incorporation · Founder
Founding capital · Director appointment
06-07
State Gazette act
Incorporation · Founder
Founding capital · Director appointment
25-03
State Gazette act
General meeting · Registered-office move
Power of attorney
20-03
State Gazette act
Incorporation · Founder
Founding capital · Bank account
09-02
State Gazette act
General meeting · Merger
Dissolution · Accounting effect
09-02
State Gazette act
General meeting · Merger
Accounting effect · Dissolution
2025
31-12
Financial
Highest result since 2018net €182k ▲11%
Operating result €205k, net result €182k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Zonhoven · 1 establishment unit since 2011
Ground area
2,781 m²
Building footprint
334 m²
Volume, LiDAR
2,510 m³
Parcel 71443F0049/00K000, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
FINFISCO
since 20112.200.725.013
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71443F0049/00K000 | Flanders | 2,781 m² | 1 · 334 m² | 11.7 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 7,710 EUR awarded · 7,710 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 4,854 EUR | 4,854 EUR |
| 2024 | 2 | 2,661 EUR | 2,661 EUR |
| 2022 | 1 | 195 EUR | 195 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 39,092 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded14-07-2011
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.