Finmate
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00485157.
Annual accounts 2025 filed on 31-08-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | 2025 |
|---|---|
| Gross operating margin9900 | -€1,753 |
| Operating profit (loss)9901 | -€1,753 |
| Financial charges65/66B | €50 |
| Recurring financial charges65 | €50 |
| Profit (loss) for the period before taxes9903 | -€1,803 |
| Profit (loss) for the period9904 | -€1,803 |
| Profit (loss) for the period to be appropriated9905 | -€1,803 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €697 | |
| Current assets29/58 | €697 | |
| Amounts receivable within one year40/41 | €640 | |
| Other amounts receivable41 | €640 | |
| Cash at bank and in hand54/58 | €57 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €697 | |
| Equity10/15 | €697 | |
| Contributions10/11 | €2,500 | |
| Profit (loss) carried forward14 | -€1,803 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€1,803 |
| Operating cash flow (approximation) | -€1,803 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,223 companies had the same profile as Finmate has now. Two years later, 87.8% were still going and 3.4% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Finmate itself: 3.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 3,223 companies, not a prediction for Finmate. 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00485157 |