FINMALT
ActiveSummary
FINMALT has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.24M and a net result of €131k. Its solvency ranks better than 30% of 918 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability44▼-4
Solvency44▲+6
Growth52
Track record82
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days only on tighter terms
Liquidity short (current ratio 0.73 against 0.88 in 2024; short-term debt: 11.6% and cash: 2.4% of total assets), and 81.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more 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
18.6%
Return on assets
1.1%
Age of the figures
9 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 08-06-2026, 53 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
53 d early
2024
31 d early
← 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
Financials · fiscal year 2025, abbreviated schema
Equity
€2.24M▲ 6.2%
2024 · €2.11M
Total assets
€12.04M▼ 24.9%
2024 · €16.02M
Net result
€131k▼ 68.0%
2024 · €410k
Working capital
€-375k▲ 39.8%
2024 · €-623k
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
Line20242025
Operating result€889k-€502k▼ 43.5%
Net result€410k-€131k▼ 68.0%
Equity€2.11M-€2.24M▲ 6.2%
Total assets€16.02M-€12.04M▼ 24.9%
Debt€13.91M-€9.67M▼ 30.4%
Working capital€-623k-€-375k▲ 39.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 44% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.04M
Fixed assets
€11.02M ▼ 4.2%
Current assets
€1.02M ▼ 77.5%
Equity and liabilities €12.04M
Equity
€2.24M ▲ 6.2%
Provisions
€120k
Debt
€9.67M ▼ 30.4%
Debt's share of the balance-sheet total falls from 86.8% to 80.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.11M▼
2024 · €1.51M
Cash flow
€737k▼
2024 · €1.03M
Current ratio
0.73▼
2024 · 0.88
Debt to equity
4.32▼
2024 · 6.59
ROE
5.9%▼
2024 · 19.4%
ROA
1.1%▼
2024 · 2.6%
Interest coverage
2.86▼
2024 · 3.07
Debt ≤ 1 year
€1.39M▼
2024 · €5.14M
Debt > 1 year
€8.28M▼
2024 · €8.65M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €616k | €606k | ▼ 1.6% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €120k | - |
| Other operating charges640/8 | €890 | €1k | ▲ 41.2% |
| Gross operating margin9900 | €1.51M | €1.23M | ▼ 18.4% |
| Operating profit (loss)9901 | €889k | €502k | ▼ 43.5% |
| Financial income75/76B | €11k | €16k | ▲ 53.7% |
| Recurring financial income75 | €11k | €16k | ▲ 53.7% |
| Financial charges65/66B | €490k | €387k | ▼ 20.9% |
| Recurring financial charges65 | €490k | €387k | ▼ 20.9% |
| Profit (loss) for the period before taxes9903 | €410k | €131k | ▼ 68.0% |
| Profit (loss) for the period9904 | €410k | €131k | ▼ 68.0% |
| Profit (loss) for the period to be appropriated9905 | €410k | €131k | ▼ 68.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €16.02M | €12.04M | ▼ 24.9% |
| Fixed assets21/28 | €11.50M | €11.02M | ▼ 4.2% |
| Tangible fixed assets22/27 | €11.50M | €11.02M | ▼ 4.2% |
| Plant, machinery and equipment23 | €11.50M | €10.90M | ▼ 5.3% |
| Assets under construction and advance payments27 | - | €122k | - |
| Current assets29/58 | €4.51M | €1.02M | ▼ 77.5% |
| Amounts receivable within one year40/41 | €313k | €331k | ▲ 5.7% |
| Trade receivables40 | €313k | €323k | ▲ 3.2% |
| Other amounts receivable41 | - | €8k | - |
| Current investments50/53 | €3.00M | €400k | ▼ 86.7% |
| Cash at bank and in hand54/58 | €1.19M | €284k | ▼ 76.1% |
| Deferred charges and accrued income490/1 | €11k | €56 | ▼ 99.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €16.02M | €12.04M | ▼ 24.9% |
| Equity10/15 | €2.11M | €2.24M | ▲ 6.2% |
| Contributions10/11 | €1.70M | €1.70M | = |
| Reserves13 | - | €131k | - |
| Distributable reserves133 | - | €131k | - |
| Profit (loss) carried forward14 | €410k | €410k | = |
| Provisions and deferred taxes16 | - | €120k | - |
| Provisions for liabilities and charges160/5 | - | €120k | - |
| Major repairs and maintenance162 | - | €120k | - |
| Amounts payable17/49 | €13.91M | €9.67M | ▼ 30.4% |
| Amounts payable after more than one year17 | €8.65M | €8.28M | ▼ 4.2% |
| Financial debts170/4 | €8.65M | €8.28M | ▼ 4.2% |
| Amounts payable within one year42/48 | €5.14M | €1.39M | ▼ 72.9% |
| Current portion of amounts payable after more than one year42 | €5.06M | €367k | ▼ 92.7% |
| Financial debts43 | - | €650k | - |
| Other loans439 | - | €650k | - |
| Trade debts44 | - | €313k | - |
| Suppliers440/4 | - | €313k | - |
| Taxes, remuneration and social security45 | €82k | €60k | ▼ 26.8% |
| Taxes450/3 | €82k | €59k | ▼ 27.9% |
| Remuneration and social security454/9 | €582 | €1k | ▲ 126% |
| Accrued charges and deferred income492/3 | €123k | €3k | ▼ 97.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €410k | €131k | ▼ 68.0% |
| + Depreciation and write-downs630 | €616k | €606k | ▼ 1.6% |
| Operating cash flow (approximation) | €1.03M | €737k | ▼ 28.2% |
| Investment in fixed assets (approximation) | - | €-122k | - |
| Change in cash | - | €-907k | - |
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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
NBB filing
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Antwerpen · 1 establishment unit since 2023
Ground area
2,372 m²
Building footprint
792 m²
Volume, LiDAR
15,969 m³
Parcel 11303B0445/00F008, Flanders · tallest building 23.9 m, ±7 floors. Linked by address, not a title deed.
101
companies at this address
See who is registered here
1 establishment unit
Finmalt
since 20232.353.287.504
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303B0445/00F008 | Flanders | 2,372 m² | 1 · 792 m² | 23.9 m · 7 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.
Similar companies · same sector, comparable size
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GIJSELS
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GHENT COAL PREPARATION PLANT
BE 0433.932.270
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Of 1,187 companies in sector 77399 we hold annual accounts for 710. 372 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
Founded12-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
77399Renting and leasing of other machinery, equipment and tangible goods
33200Installation of industrial machinery and equipment
Contact
E-mail
secretariaat@fineg.be
Phone
03/820.05.56
Scores and ratios are computed by Checked and are not a credit decision.