FinNic
FinNic has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51k and a net result of €109k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 50% of 8442 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €51k |
| Net result | €109k |
| Better than sector | 50% |
| Active | 12 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 52.8% | 53.1% | |
| Net result | €109k | €38k | |
| Equity | €51k | €353k | |
| Gross operating margin | €160k | €87k | |
| Total assets | €98k | €919k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €158k | €120k | €123k | €124k | €95k |
| Net profit | €109k | €81k | €91k | €97k | €75k |
| Cash flow | €125k | €96k | €99k | €97k | €76k |
| Staff costs | - | - | - | - | - |
| Income taxes | €31k | €22k | €25k | €27k | €19k |
| Dividends | €85k | €80k | €90k | €90k | €80k |
| Total assets | €98k | €156k | €144k | €151k | €116k |
| Equity | €51k | €27k | €26k | €25k | €18k |
| Debt | €46k | €129k | €117k | €126k | €98k |
| of which ≤ 1y | €46k | €129k | €117k | €126k | €98k |
| of which > 1y | - | - | - | - | - |
| Working capital | €12k | €-25k | €-32k | €22k | €17k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.27 | 0.81 | 0.73 | 1.18 | 1.17 |
| Quick ratio | 1.27 | 0.81 | 0.73 | 1.18 | 1.17 |
| Working capital ratio | 12.8% | -16.0% | -22.0% | 14.8% | 14.4% |
| Solvency | 52.8% | 17.5% | 18.3% | 16.4% | 15.5% |
| Debt / equity | 0.90 | 4.72 | 4.47 | 5.09 | 5.44 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 75.07 | 86.04 | 250.92 | 465.68 | 206.38 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 111.9% | 51.9% | 63.7% | 64.0% | 64.9% |
| ROE | 212.1% | 297.2% | 348.5% | 390.0% | 417.5% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €98k | €156k | €144k | €151k | €116k |
| Fixed assets | 21/28 | €39k | €52k | €58k | €3k | €1k |
| Tangible fixed assets | 22/27 | €39k | €52k | €58k | €3k | €1k |
| Current assets | 29/58 | €59k | €104k | €85k | €149k | €114k |
| Amounts receivable within one year | 40/41 | - | - | €20k | €18k | €23k |
| Cash & bank | 54/58 | €59k | €104k | €61k | €124k | €91k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €98k | €156k | €144k | €151k | €116k |
| Equity | 10/15 | €51k | €27k | €26k | €25k | €18k |
| Contributions / capital | 10/11 | €12k | €12k | €12k | €12k | €12k |
| Reserves | 13 | €3k | €3k | €3k | €3k | €3k |
| Accumulated profits (losses) | 14 | €36k | €12k | €11k | €9k | €3k |
| Amounts payable | 17/49 | €46k | €129k | €117k | €126k | €98k |
| Amounts payable within one year | 42/48 | €46k | €129k | €117k | €126k | €98k |
| Trade debts payable within one year | 44 | €598 | €374 | €438 | €297 | €302 |
| Income statement | ||||||
| Gross operating margin | 9900 | €160k | €121k | €125k | €126k | €97k |
| Operating result | 9901 | €143k | €105k | €116k | €124k | €95k |
| Financial income | 75 | €96 | €195 | €83 | €0 | €1 |
| Financial charges | 65 | €2k | €1k | €492 | €267 | €462 |
| Result before taxes | 9903 | €141k | €103k | €116k | €123k | €95k |
| Income taxes | 67/77 | €31k | €22k | €25k | €27k | €19k |
| Net result for the period | 9904 | €109k | €81k | €91k | €97k | €75k |
| Result to be appropriated | 9905 | €109k | €81k | €91k | €97k | €75k |
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 17-05-2014 |
| Status | Active |
| Postal code | 2820 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12005C0146/00E000 | Flanders | 5,958 m² | 1 · 177 m² | 8.2 m · 2 fl. |
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.
08-06-2023 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Els DE BLOCK",
"firm_city": null,
"firm_name": "Els De Block en Tim Vandersteen, geassocieerde notarissen",
"office_city": "Temse",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2023-06-08",
"filing_date": "2023-06-06",
"act_kind_objet": "WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN"
},
"decision": {
"body": "algemene_vergadering",
"date": "2023-06-05",
"unanimous": true
},
"agm_change": null,
"detected_kind": "statutes_change",
"other_address": null,
"mandate_renewal": null,
"subject_company": {
"kbo": "0552.798.644",
"name_full": "FinNic",
"legal_form": "BV"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"de expeditie van de akte",
"de geco\u00F6rdineerde statuten"
],
"fiscal_year_change": {
"new_end_mm_dd": "31",
"old_end_mm_dd": null,
"new_start_mm_dd": "01",
"old_start_mm_dd": null,
"first_full_new_year": null,
"transition_period_end": null
},
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}| Legal nameNL | FinNic |