Finnco Technics
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 26-06-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 53% higher than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| full-time | 1 | 1 |
| part-time | - | 0 |
| in full-time equivalents | 1 | 1 |
| Average over the year, in full-time equivalents | 0.8 | 1.1 |
| On a permanent contract | 1 | 1 |
| Joined | 2 | 2 |
| Left | 1 | 2 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €47,104 | €30,542 |
| Depreciation and write-downs of the year | €11,003 | €10,157 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2025 · 1 entry · €1,000 awarded · €1,000 paid| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €112,542 | €79,805 | ▼ 29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,003 | €10,157 | ▼ 7.7% |
| Other operating charges640/8 | €1,187 | €1,447 | ▲ 21.9% |
| Gross operating margin9900 | €170,837 | €161,926 | ▼ 5.2% |
| Operating profit (loss)9901 | €46,105 | €70,518 | ▲ 52.9% |
| Financial income75/76B | €921 | €2,085 | ▲ 126% |
| Recurring financial income75 | €921 | €2,085 | ▲ 126% |
| Financial charges65/66B | €7,449 | €4,896 | ▼ 34.3% |
| Recurring financial charges65 | €7,449 | €4,896 | ▼ 34.3% |
| Profit (loss) for the period before taxes9903 | €39,577 | €67,706 | ▲ 71.1% |
| Income taxes67/77 | €9,042 | €12,555 | ▲ 38.8% |
| Profit (loss) for the period9904 | €30,535 | €55,152 | ▲ 80.6% |
| Profit (loss) for the period to be appropriated9905 | €30,535 | €55,152 | ▲ 80.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €185,233 | €255,467 | ▲ 37.9% |
| Fixed assets21/28 | €36,101 | €56,486 | ▲ 56.5% |
| Tangible fixed assets22/27 | €36,101 | €56,486 | ▲ 56.5% |
| Plant, machinery and equipment23 | €8,330 | €10,391 | ▲ 24.7% |
| Furniture and vehicles24 | €27,771 | €46,095 | ▲ 66.0% |
| Current assets29/58 | €149,132 | €198,981 | ▲ 33.4% |
| Stocks and contracts in progress3 | €34,367 | €58,664 | ▲ 70.7% |
| Stocks30/36 | €24,079 | €34,225 | ▲ 42.1% |
| Contracts in progress37 | €10,288 | €24,439 | ▲ 138% |
| Amounts receivable within one year40/41 | €69,515 | €87,973 | ▲ 26.6% |
| Trade receivables40 | €46,645 | €43,566 | ▼ 6.6% |
| Other amounts receivable41 | €22,870 | €44,407 | ▲ 94.2% |
| Cash at bank and in hand54/58 | €43,445 | €49,913 | ▲ 14.9% |
| Deferred charges and accrued income490/1 | €1,804 | €2,431 | ▲ 34.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €185,233 | €255,467 | ▲ 37.9% |
| Equity10/15 | €33,535 | €88,687 | ▲ 164% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | €30,535 | €85,687 | ▲ 181% |
| Distributable reserves133 | €30,535 | €85,687 | ▲ 181% |
| Amounts payable17/49 | €151,698 | €166,781 | ▲ 9.9% |
| Amounts payable after more than one year17 | €17,356 | €11,299 | ▼ 34.9% |
| Financial debts170/4 | €17,356 | €11,299 | ▼ 34.9% |
| Amounts payable within one year42/48 | €128,815 | €151,674 | ▲ 17.7% |
| Current portion of amounts payable after more than one year42 | €5,783 | €6,057 | ▲ 4.7% |
| Trade debts44 | €28,754 | €50,064 | ▲ 74.1% |
| Suppliers440/4 | €28,754 | €50,064 | ▲ 74.1% |
| Taxes, remuneration and social security45 | €19,279 | €20,553 | ▲ 6.6% |
| Taxes450/3 | €9,042 | €11,597 | ▲ 28.3% |
| Remuneration and social security454/9 | €10,237 | €8,956 | ▼ 12.5% |
| Other amounts payable47/48 | €75,000 | €75,000 | = |
| Accrued charges and deferred income492/3 | €5,526 | €3,807 | ▼ 31.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €30,535 | €55,152 | ▲ 80.6% |
| + Depreciation and write-downs630 | €11,003 | €10,157 | ▼ 7.7% |
| Operating cash flow (approximation) | €41,538 | €65,309 | ▲ 57.2% |
| Investment in fixed assets (approximation) | - | -€30,542 | - |
| Change in cash | - | €6,467 | - |
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, 39,278 companies had the same profile as Finnco Technics has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Finnco Technics itself: 1.3% 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 39,278 companies, not a prediction for Finnco Technics. 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.