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FINJAN

Active
Private limited company (pre-2019)founded 1994active for 31 yearsGraaf van Hoornestraat 1, 2000 Antwerpen, BelgiumKBO/BCE: BE 0453.946.043

From the official registers: KBO 30 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of FINJAN is 5.2% (elevated). The 2024 annual accounts show equity of €151,540 and a net result of -€1,534. Equity is shrinking by about 19% per year across the filed financial years. Its solvency ranks better than 35% of 2,936 sector peers (NACE 56, financial year 2024). The company has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 08-12-1994 Normal situation
Legal form
Private limited company (pre-2019)
Registered office
Graaf van Hoornestraat 1, 2000 Antwerpen
Activity
Limited-service restaurants, excluding mobile food services NACE 56112and 1 other
Establishment units
2.070.483.311 2000 Antwerpen, since 27-02-1995
2.367.002.908 2000 Antwerpen, since 18-12-2024
Financial year end
31 December
Peppol
Reachable since 01-12-2025

Who decides

Board

How it is doing

36 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.2%
Annual accounts 2024
Gross margin
€562,360
▼ 21.4%
Turnover
≈ €1.6m
estimated
Loss
€1,534
▼ 95.1%
Equity
€151,540
▼ 17.2%
Total assets
€800,379
▲ 20.6%
Staff
12 FTE
▼ 9.8%
2025 accounts not filed, 93 days past the deadline
Filed on 07-01-2026PDF
Why 36raises riskFigures for financial year 2024 (filed 14-01-2026)1 financial year not filed after the legal deadline; last filed accounts filed 160 days late; 3 of the last 3 lateSector: Food and beverage service activities (NACE 56)lowers riskFounded in 1994Show the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 27% of its sector peers (NACE 56, small)
Financial strength · tick = 2023
Weak
Solvency 44-9
equity 18.9% of total assets
Liquidity 27-25
short-term debt 55.2% · cash 4.3%
Profitability 50+12
return on assets -0.2%
Bankruptcy probability, 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,615 companies, NACE 56, small)
Last 24 months 11-2024: 1.6% 12-2024: 2.0%▲ +0.4 percentage points vs 11-2024 01-2025: 1.3%▼ -0.7 percentage points vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.2%▼ -0.1 percentage points vs 04-2025 06-2025: 1.1%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 1.2%▲ +0.1 percentage points vs 06-2025 08-2025: 1.7%▲ +0.5 percentage points vs 07-2025 09-2025: 2.0%▲ +0.3 percentage points vs 08-2025 10-2025: 2.4%▲ +0.4 percentage points vs 09-2025 11-2025: 2.5%▲ +0.1 percentage points vs 10-2025 12-2025: 3.1%▲ +0.6 percentage points vs 11-2025 01-2026: 6.1%▲ +3.0 percentage points vs 12-2025highest value 02-2026: 3.4%▼ -2.7 percentage points vs 01-2026 03-2026: 3.3%▼ -0.1 percentage points vs 02-2026 04-2026: 3.3%● unchanged vs 03-2026 05-2026: 3.3%● unchanged vs 04-2026 06-2026: 3.2%▼ -0.1 percentage points vs 05-2026 07-2026: 3.1%▼ -0.1 percentage points vs 06-2026 08-2026: 4.2%▲ +1.1 percentage points vs 07-2026 09-2026: 4.7%▲ +0.5 percentage points vs 08-2026 10-2026: 5.2%▲ +0.5 percentage points vs 09-2026
Credit of up to €5,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity insufficient (current ratio 0.74, compared with 0.65 in 2023, below 1; short-term debt: 55.2% and cash: 4.3% of total assets), and 81.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 56, small): better than 37% on solvency, 18% on liquidity, 28% on profitability and 24% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 14-01-2026)
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 160 days late; 3 of the last 3 late
NBB · filings
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€1,534
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 160 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-01-2026, 160 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
160 days late
2023
141 days late
2022
144 days late
2021
142 days late
2020
121 days late
2019
75 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 131 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Caution: 2 loss-making years in a rowloss financial year 2024 -€1,534 View

Documents

Annual accounts at the NBB

All 30 annual accounts

Articles and registers

Key facts about FINJAN

What is the company number of FINJAN?
0453.946.043. In Belgium the VAT number is the company number with BE in front: BE 0453.946.043.
Where is FINJAN based?
The registered office is at Graaf van Hoornestraat 1, 2000 Antwerpen.Company details
What does FINJAN do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of FINJAN?
Private limited company (pre-2019) (BVBA).
When was FINJAN founded?
On 08-12-1994.
Is FINJAN still active?
Yes, FINJAN is an active enterprise in the KBO register.
How many employees does FINJAN have?
On average 12 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of FINJAN?
≈ €1.6m in financial year 2024. Estimated from the gross margin of €562,360: probably between €1.3m and €1.8m, based on 35 comparable companies, NACE 56112.
Is FINJAN profitable?
In financial year 2024, FINJAN made a loss of €1,534.
Where can I find the annual accounts of FINJAN?
FINJAN filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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