Summary
FINFORMA 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 €138,613 and a net result of €60,688. Equity is growing by ~34.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 1502 sector peers (fiscal year 2025). The company has been active since 2012 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 · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
on the day
2023
6 d early
2022
11 d early
2021
38 d early
2020
11 d early
2019
60 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 2 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% 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. Usually files around 26 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€138,613▲ 77.9%
2024 · €77,925
Net result
€60,688▲ 2,441%
2024 · €2,388
Total assets
€200,264▲ 83.3%
2024 · €109,247
Solvency
69.2%▼ 2.1pp
2024 · 71.3%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€13,691▼ 9.5%€25,205▲ 84.1%€27,178▲ 7.8%€5,690▼ 79.1%€83,019▲ 1,359%
Net result€8,584below the sector's middle half▼ 36.0%€18,084within the sector's middle half▲ 111%€18,486within the sector's middle half▲ 2.2%€2,388below the sector's middle half▼ 87.1%€60,688within the sector's middle half▲ 2,441%
Equity€38,967below the sector's middle half▲ 28.3%€57,052below the sector's middle half▲ 46.4%€75,538below the sector's middle half▲ 32.4%€77,925below the sector's middle half▲ 3.2%€138,613within the sector's middle half▲ 77.9%
Total assets€211,327below the sector's middle half▲ 17.9%€194,909below the sector's middle half▼ 7.8%€111,888below the sector's middle half▼ 42.6%€109,247below the sector's middle half▼ 2.4%€200,264below the sector's middle half▲ 83.3%
Debt€172,359▲ 15.8%€137,858▼ 20.0%€36,351▼ 73.6%€31,321▼ 13.8%€61,651▲ 96.8%
Working capital€42,924within the sector's middle half▲ 18.7%€58,218within the sector's middle half▲ 35.6%€75,538within the sector's middle half▲ 29.7%€77,925within the sector's middle half▲ 3.2%€138,613within the sector's middle half▲ 77.9%
Solvency18.4%within the sector's middle half▲ 1.5pp29.3%within the sector's middle half▲ 10.8pp67.5%within the sector's middle half▲ 38.2pp71.3%above the sector's middle half▲ 3.8pp69.2%above the sector's middle half▼ 2.1pp
Current ratio1.26within the sector's middle half=1.43within the sector's middle half▲ 0.173.08within the sector's middle half▲ 1.653.49above the sector's middle half▲ 0.413.25above the sector's middle half▼ 0.24
Return on assets (ROA)4.1%within the sector's middle half▼ 3.4pp9.3%within the sector's middle half▲ 5.2pp16.5%within the sector's middle half▲ 7.2pp2.2%within the sector's middle half▼ 14.3pp30.3%above the sector's middle half▲ 28.1pp
Staff (FTE)0.8below the sector's middle half▲ 14.3%0.8below the sector's middle half=0.8below the sector's middle half=1.7within the sector's middle half▲ 113%2.1within the sector's middle half▲ 23.5%
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,359% 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 €200,264
Equity
€138,613 ▲ 77.9%
Debt
€61,651 ▲ 96.8%
Debt's share of the balance-sheet total rises from 28.7% to 30.8%. Equity and debt are higher.
Key figures and ratios
ROE
43.8%▲
2024 · 3.1%
Debt ≤ 1 year
€61,651▲
2024 · €31,321
Income taxes
€22,896▲
2024 · €2,182
Staff costs
€89,565▲
2024 · €70,194
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 | €33,336 | €33,784 | €47,589 | €70,194 | €89,565 | ▲ 27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,285 | €800 | €0 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €30,000 | €70,000 | €95,000 | €6,079 | ▼ 93.6% |
| Other operating charges640/8 | €560 | €510 | €546 | €549 | €462 | ▼ 15.9% |
| Non-recurring operating charges66A | €0 | - | - | - | - | - |
| Gross operating margin9900 | €48,872 | €90,298 | €145,314 | €171,434 | €179,124 | ▲ 4.5% |
| Operating profit (loss)9901 | €13,691 | €25,205 | €27,178 | €5,690 | €83,019 | ▲ 1,359% |
| Financial income75/76B | €110 | €688 | €610 | €0 | €1,592 | - |
| Recurring financial income75 | €110 | €688 | €610 | €0 | €1,592 | - |
| Financial charges65/66B | €1,606 | €1,128 | €1,282 | €1,120 | €1,026 | ▼ 8.4% |
| Recurring financial charges65 | €1,606 | €1,128 | €1,282 | €1,120 | €1,026 | ▼ 8.4% |
| Profit (loss) for the period before taxes9903 | €12,195 | €24,765 | €26,506 | €4,570 | €83,584 | ▲ 1,729% |
| Income taxes67/77 | €3,611 | €6,681 | €8,020 | €2,182 | €22,896 | ▲ 949% |
| Profit (loss) for the period9904 | €8,584 | €18,084 | €18,486 | €2,388 | €60,688 | ▲ 2,441% |
| Profit (loss) for the period to be appropriated9905 | €8,584 | €18,084 | €18,486 | €2,388 | €60,688 | ▲ 2,441% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €211,327 | €194,909 | €111,888 | €109,247 | €200,264 | ▲ 83.3% |
| Fixed assets21/28 | €800 | €0 | - | - | - | - |
| Intangible fixed assets21 | €800 | €0 | - | - | - | - |
| Current assets29/58 | €210,527 | €194,909 | €111,888 | €109,247 | €200,264 | ▲ 83.3% |
| Amounts receivable after more than one year29 | €0 | - | - | - | - | - |
| Other amounts receivable291 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €200,000 | €189,657 | €103,714 | €95,645 | €183,557 | ▲ 91.9% |
| Other amounts receivable41 | €200,000 | €189,657 | €103,714 | €95,645 | €183,557 | ▲ 91.9% |
| Cash at bank and in hand54/58 | - | €141 | €0 | €1 | €115 | ▲ 16,881% |
| Deferred charges and accrued income490/1 | €10,527 | €5,111 | €8,175 | €13,601 | €16,592 | ▲ 22.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €211,327 | €194,909 | €111,888 | €109,247 | €200,264 | ▲ 83.3% |
| Equity10/15 | €38,967 | €57,052 | €75,538 | €77,925 | €138,613 | ▲ 77.9% |
| Contributions10/11 | €9,200 | €9,200 | €9,200 | €9,200 | €9,200 | = |
| Reserves13 | €980 | €47,852 | €66,338 | €68,725 | €129,413 | ▲ 88.3% |
| Non-distributable reserves130/1 | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | €0 | - | - | - | - | - |
| Distributable reserves133 | €980 | €47,852 | €66,338 | €68,725 | €129,413 | ▲ 88.3% |
| Profit (loss) carried forward14 | €28,787 | €0 | - | - | - | - |
| Amounts payable17/49 | €172,359 | €137,858 | €36,351 | €31,321 | €61,651 | ▲ 96.8% |
| Amounts payable after more than one year17 | €4,577 | €1,167 | €0 | - | - | - |
| Financial debts170/4 | €4,577 | €1,167 | €0 | - | - | - |
| Amounts payable within one year42/48 | €167,602 | €136,691 | €36,351 | €31,321 | €61,651 | ▲ 96.8% |
| Current portion of amounts payable after more than one year42 | €3,280 | €3,410 | €1,167 | €0 | - | - |
| Financial debts43 | €4,944 | €8,010 | €11,426 | €8,148 | €33,924 | ▲ 316% |
| Credit institutions430/8 | €4,944 | €8,010 | €11,426 | €8,148 | €33,924 | ▲ 316% |
| Trade debts44 | €215 | €174 | €571 | €3,002 | €7,110 | ▲ 137% |
| Suppliers440/4 | €215 | €174 | €571 | €3,002 | €7,110 | ▲ 137% |
| Taxes, remuneration and social security45 | €13,209 | €12,223 | €11,431 | €20,171 | €20,617 | ▲ 2.2% |
| Taxes450/3 | €6,603 | €5,519 | €1,801 | €5,071 | €2,318 | ▼ 54.3% |
| Remuneration and social security454/9 | €6,606 | €6,703 | €9,630 | €15,100 | €18,299 | ▲ 21.2% |
| Other amounts payable47/48 | €145,955 | €112,875 | €11,756 | €0 | - | - |
| Accrued charges and deferred income492/3 | €180 | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,584 | €18,084 | €18,486 | €2,388 | €60,688 | ▲ 2,441% |
| + Depreciation and write-downs630 | €1,285 | €800 | €0 | - | - | - |
| Operating cash flow (approximation) | €9,869 | €18,884 | €18,486 | €2,388 | €60,688 | ▲ 2,441% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | - | -€141 | €1 | €115 | ▲ 16,781% |
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
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 18 days late
2025
31-12
Financial
Highest result since 2018net €60,688 ▲2,441%
Operating result €83,019, net result €60,688, both a record.
31-12
Financial
Equity above €100,000Eq €138,613 ▲77.9%
8 profitable years in a row build equity to €138,613.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity doublescurrent ratio 3.08
Current ratio from 1.43 to 3.08; short-term debt falls from €136,691 to €36,351.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 60 days late
2019
06-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 37 days late
2017
13-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 135 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Maaseik · 1 establishment unit since 2012
Ground area
235 m²
Building footprint
95 m²
Volume, LiDAR
709 m³
Parcel 72021E0919/00L004, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Finforma
since 20122.212.558.815
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72021E0919/00L004 | Flanders | 234 m² | 1 · 95 m² | 11.4 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.
Structure & network
Owners and holdings
1 ownerOwners 1
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 4,674 companies in sector 66220 we hold annual accounts for 3,222. 2,800 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
Founded08-08-2012
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0847997655
Registered
26-08-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.