Debts
Of this, €64,123 falls due within a year.
Of this, €64,123 falls due within a year.
Six of the last ten came late. The 2019 accounts came latest: 196 days after the end of the period.
Lower solvency than 88% of companies in specialised construction. Sector median 46.7% · 35,156 companies.
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 12% of them on solvency, 9% on liquidity, 31% on profitability and 5% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 1,037 companies had the same profile as FINISHOME has now. Each dot stands for 3 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FINISHOME itself: 1.0% within 12 months.
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.
| 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 1,037 companies, not a prediction for FINISHOME. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 37 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| FINISHOME Houthalen-Helchteren | €77,154 | €13,220 | 6.4% | - |
| PLEISTERWERKEN JOMAR Beernem | €75,020 | €13,821 | 36.6% | - |
| RAHIM PLEISTERWERKEN Aalter | €84,569 | €14,918 | 83.5% | - |
| PLAFONNERINGSWERKEN BILLIAU Hove | €76,741 | €12,134 | 82.8% | - |
| Nomako Haacht | €63,713 | €12,154 | 36.5% | - |
| BEZETTINGSWERKEN VAN DEN BOGERD Hoogstraten | €82,991 | €10,890 | 33.7% | - |
| EURO GYP Ixelles | €84,535 | €9,211 | 45.2% | - |
These companies have the same main activity as FINISHOME: plastering work (NACE 43310). They are comparable in size and age: total assets between €63,700 and €84,600, founded between 2012 and 2015.
FINISHOME files the micro format. That format states no turnover. The gross margin rose from €1,557 in 2015 to €13,220 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €130,000. Estimated: probably between €78,000 and €280,000.
Higher than 12% of 35,156 companies in 2025.
Higher than 15% of 34,529 companies in 2025.
Higher than 18% of 34,730 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
77,154 | 94,526 | 144,344 | 60,172 | 10,835 | 18,005 | 40,123 | 14,301 | 29,168 | 16,680 | 25,479 | |
21/28 |
23,250 | 36,393 | 49,750 | 11,465 | 826 | 2,419 | 4,121 | 7,266 | 8,110 | 9,231 | 1,655 | |
22/27 |
20,280 | 33,423 | 46,780 | 11,465 | 826 | 2,192 | 3,894 | 7,266 | 8,110 | 9,231 | 1,655 | |
23 |
980 | 1,595 | 1,355 | 1,099 | 826 | 2,192 | 3,894 | 5,516 | 4,610 | 3,981 | 1,655 | |
24 |
19,133 | 31,269 | 44,475 | 10,365 | - | - | - | 1,750 | 3,500 | 5,250 | - | |
26 |
167 | 559 | 950 | - | - | - | - | - | - | - | - | |
28 |
2,970 | 2,970 | 2,970 | - | - | 227 | 227 | - | - | - | - | |
29/58 |
53,904 | 58,133 | 94,595 | 48,707 | 10,009 | 15,585 | 36,002 | 7,034 | 21,058 | 7,449 | 23,825 | |
3 |
- | - | - | - | - | - | - | 3,750 | - | - | 3,340 | |
30/36 |
- | - | - | - | - | - | - | 3,750 | - | - | 3,340 | |
40/41 |
45,253 | 47,811 | 73,453 | 38,853 | 6,696 | 15,321 | 21,581 | 1,543 | 3,885 | 202 | 2,500 | |
40 |
44,369 | 45,991 | 73,341 | 38,761 | 5,364 | 14,645 | 20,137 | - | 3,000 | - | - | |
41 |
884 | 1,820 | 112 | 91 | 1,333 | 675 | 1,444 | 1,543 | 885 | 202 | 2,500 | |
54/58 |
6,633 | 7,371 | 16,915 | 9,855 | 3,312 | 265 | 14,421 | 1,741 | 17,173 | 7,247 | 17,984 | |
490/1 |
2,018 | 2,950 | 4,226 | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
77,154 | 94,526 | 144,344 | 60,172 | 10,835 | 18,005 | 40,123 | 14,301 | 29,168 | 16,680 | 25,479 | |
10/15 |
4,944 | 26,106 | 26,013 | 33,177 | 2,612 | 13,843 | 31,666 | 14,268 | 12,941 | 12,284 | 13,543 | |
10/11 |
- | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,400 | |
10 |
- | 18,600 | 18,600 | 18,600 | 18,600 | - | - | - | - | - | - | |
100 |
- | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | - | 6,200 | |
14 |
4,944 | 7,506 | 7,413 | 14,577 | -15,988 | -4,757 | 13,066 | -4,332 | -5,659 | -6,316 | 1,143 | |
17/49 |
72,210 | 68,420 | 118,331 | 26,995 | 8,223 | 4,161 | 8,457 | 33 | 16,227 | 4,396 | 11,936 | |
17 |
8,087 | 15,018 | 21,950 | - | - | - | - | - | - | - | - | |
170/4 |
8,087 | 15,018 | 21,950 | - | - | - | - | - | - | - | - | |
42/48 |
64,123 | 53,402 | 96,381 | 26,995 | 8,223 | 4,161 | 8,457 | 33 | 16,227 | 4,396 | 11,936 | |
42 |
6,932 | 6,932 | 6,932 | - | - | - | - | - | - | - | - | |
43 |
- | - | - | 3 | - | - | - | - | - | - | - | |
430/8 |
- | - | - | 3 | - | - | - | - | - | - | - | |
44 |
1,462 | 4,841 | 16,014 | 1,348 | 476 | 79 | 2,283 | - | 6,600 | - | 1,719 | |
440/4 |
1,462 | 4,841 | 16,014 | 1,348 | 476 | 79 | 2,283 | - | 6,600 | - | 1,719 | |
45 |
630 | 630 | 16,435 | 7,144 | 352 | 4,082 | 6,174 | 33 | 3,033 | 33 | - | |
450/3 |
630 | 630 | 14,060 | 4,819 | 352 | 4,082 | 4,082 | 33 | 33 | 33 | - | |
454/9 |
- | - | 2,375 | 2,325 | - | - | 2,092 | - | 3,000 | - | - | |
47/48 |
55,100 | 41,000 | 57,000 | 18,500 | 7,395 | - | - | - | 6,594 | 4,363 | 10,217 | |
| Income statement | ||||||||||||
76A |
- | - | - | 3,998 | 232 | 2,773 | - | - | - | - | - | |
9900 |
13,220 | 17,944 | 7,863 | 37,037 | -9,457 | -14,364 | 57,157 | 5,272 | 3,934 | -4,244 | 1,557 | |
62 |
- | - | - | - | - | - | 25,238 | - | - | - | - | |
630 |
14,283 | 14,281 | 12,622 | 4,382 | 1,366 | 2,051 | 4,145 | 3,890 | 3,281 | 2,849 | 414 | |
640/8 |
162 | 1,555 | 1,421 | 1,701 | 470 | 1,174 | 2,160 | - | - | - | - | |
9901 |
-1,225 | 2,108 | -6,180 | 30,955 | -11,293 | -17,588 | 25,614 | 1,382 | 653 | -7,093 | 1,144 | |
75/76B |
- | - | - | - | 509 | - | - | - | 3 | - | - | |
75 |
- | - | - | - | 509 | - | - | - | 3 | - | - | |
65/66B |
1,337 | 1,385 | 984 | 389 | 447 | 234 | 4,134 | 55 | - | 23 | 0 | |
65 |
1,337 | 1,385 | 984 | 389 | 447 | 234 | 4,134 | 55 | - | 23 | 0 | |
9903 |
-2,562 | 722 | -7,164 | 30,565 | -11,232 | -17,822 | 21,480 | 1,327 | 656 | -7,115 | 1,143 | |
67/77 |
- | 630 | - | - | - | - | 4,082 | - | - | 344 | - | |
9904 |
-2,562 | 93 | -7,164 | 30,565 | -11,232 | -17,822 | 17,397 | 1,327 | 656 | -7,459 | 1,143 | |
9905 |
-2,562 | 93 | -7,164 | 30,565 | -11,232 | -17,822 | 17,397 | 1,327 | 656 | -7,459 | 1,143 | |
| Appropriation of the result | ||||||||||||
9906 |
4,944 | 7,506 | 7,413 | 14,577 | -15,988 | -4,757 | 13,066 | -4,332 | -5,659 | -6,316 | 1,143 | |
14P |
7,506 | 7,413 | 14,577 | -15,988 | -4,757 | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||
9087 |
- | - | - | - | - | - | 1 | - | - | - | - | |
Hours worked1013 |
- | - | - | - | - | - | 1,620 | - | - | - | - | |
| Document | ||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 25-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-07-2026 | 2026-00351365 | |
| 31-12-2024 | full format | 26-08-2025 | 2025-00414205 | |
| 31-12-2023 | micro format | 30-09-2024 | 2024-00491301 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00311275 | |
| 31-12-2021 | micro format | 16-06-2022 | 2022-20086847 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-59400185 | |
| 31-12-2019 | micro format | 12-02-2021 | 2021-05300275 | |
| 31-12-2018 | micro format | 12-08-2019 | 2019-45500186 | |
| 31-12-2017 | micro format | 09-07-2018 | 2018-31600587 | |
| 31-12-2016 | full format | 09-08-2017 | 2017-43000508 | |
| 31-12-2015 | full format | 05-07-2016 | 2016-27500141 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13,058 | 16,389 | 6,442 | 35,337 | -9,927 | -15,538 | 29,759 | 5,272 | 3,934 | -4,244 | 1,557 | ||
| 11,721 | 14,374 | 5,458 | 34,947 | -9,866 | -15,771 | 21,542 | 5,217 | 3,937 | -4,611 | 1,557 | ||
| 1,140 | 925 | 50,907 | 15,020 | -227 | 349 | 1,000 | 3,046 | 2,160 | 10,425 | 2,068 | ||
| -739 | -9,543 | 7,060 | 6,542 | 3,047 | -14,156 | 12,680 | -15,432 | 9,925 | -10,737 | - | ||
| -10,219 | 4,731 | -1,787 | 21,712 | 1,785 | 11,424 | 27,544 | 7,002 | 4,831 | 3,053 | 11,889 | ||
| 6.4% | 27.6% | 18.0% | 55.1% | 24.1% | 76.9% | 78.9% | 99.8% | 44.4% | 73.6% | 53.2% | ||
| 0.84 | 1.09 | 0.98 | 1.80 | 1.22 | 3.75 | 4.26 | - | 1.30 | 1.69 | 2.00 | ||
| 0.84 | 1.09 | 0.98 | 1.80 | 1.22 | 3.75 | 4.26 | - | 1.30 | 1.69 | 1.72 | ||
| 14.61 | 2.62 | 4.55 | 0.81 | 3.15 | 0.30 | 0.27 | 0.00 | 1.25 | 0.36 | 0.88 | ||
| -51.8% | 0.4% | -27.5% | 92.1% | -430.0% | -128.7% | 54.9% | 9.3% | 5.1% | -60.7% | 8.4% | ||
| -3.3% | 0.1% | -5.0% | 50.8% | -103.7% | -99.0% | 43.4% | 9.3% | 2.3% | -44.7% | 4.5% | ||
| 9.77 | 11.83 | 6.55 | 90.76 | -22.19 | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,140 | €925 | €47,937 | €15,020 | - |
| Financial fixed assets | - | - | €2,970 | - | - |
| €14,283 | €14,281 | €12,622 | €4,382 | €1,366 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €1,225, after a profit of €2,108 in 2024.
Debt's share of the balance-sheet total rises from 72.4% to 93.6%. Equity is lower and debt is higher.
FINISHOME has no parent and no holdings in its annual accounts. CELIKU Mishel is the only director. FINISHOME shares no director with another company.
| Elpé
establishment since 26-02-2007 · founded in 2007 |
3.1 FTE (2025) 0886.838.732 |
| Vereniging van Mede-eigenaars Residentie CICERO te 3530 Houthalen-Helchteren, Weg naar Zwartberg 58
registered office since 01-06-1999 |
founded in 1999 0568.927.467 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Weg naar Zwartberg 58 registered office 3530 Houthalen-Helchteren | ||
| Rue Adolphe Bastin 24 5000 Namur | 12-02-2015 | 2.284.948.529 |
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72452E1153/00D062 | Flanders | 1,456 m² | 1 · 490 m² | 13.3 m · 2 |
| 92094A0232/00S006 | Wallonia | 161 m² | 1 · 60 m² | 12.0 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0597.930.566
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