Financials
- Fiscal year
- 2025
- Turnover
- €570,372
- Loss
- -€208,855
- Solvency
- -13.5%
FINOFIN
ActiveSummary
The computed 12-month bankruptcy probability of FINOFIN is 11.2% (high). The 2025 annual accounts show negative equity (-€208,855) and a net result of -€208,855. Its solvency ranks better than 12% of 5080 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Freight transport by road
NACE 49410Warehousing and support activities for transportation NACE 52260
#5 company by total assets in Vorst, Transport and storage sector1 site
Size
€570,372turnover 2025
- Equity
- -€208,855
- Loss
- -€208,855
Structure
Accounts filed 53 d late1 of 4 deeds read
Why 31- Liquidity: current ratio 9.25- Sector Land transport and transport via pipelines (NACE 49)- 1 change of registered office in 24 months- Latest accounts 53 days late; 1 of the last 3 lateShow the evidence
Checked score
Score 2025
31
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 40% of its sector peers (NACE 49, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
11
equity -13.5% of total assets
Liquidity
100
short-term debt 10.1%
Profitability
4
return on assets -13.5%
Bankruptcy probability, 12 months
11.2%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
06-2025: 6.7%lowest value
07-2025: 6.8%▲ +2.0% vs 06-2025
08-2025: 6.9%▲ +1.5% vs 07-2025
09-2025: 7.3%▲ +5.0% vs 08-2025
10-2025: 7.3%▲ +0.3% vs 09-2025
11-2025: 7.8%▲ +7.4% vs 10-2025
12-2025: 8.1%▲ +3.7% vs 11-2025
01-2026: 8.1%● 0.0% vs 12-2025
02-2026: 7.9%▼ -2.4% vs 01-2026
03-2026: 7.9%● 0.0% vs 02-2026
04-2026: 8.3%▲ +5.1% vs 03-2026
05-2026: 8.4%▲ +1.1% vs 04-2026
06-2026: 8.4%● 0.0% vs 05-2026
07-2026: 8.4%● 0.0% vs 06-2026
08-2026: 8.4%● 0.0% vs 07-2026
09-2026: 8.4%● 0.0% vs 08-2026
10-2026: 11.2%▲ +33.1% vs 09-2026highest value
- Liquidity: current ratio 9.25 raises the probability
- Sector Land transport and transport via pipelines (NACE 49) raises the probability
- 1 change of registered office in 24 months raises the probability
- Latest accounts 53 days late; 1 of the last 3 late raises the probability
No credit on open account
Liquidity ample (current ratio 9.25; short-term debt: 10.1% of total assets), but equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 49, micro). Better than this share of them on solvency 11%, liquidity 97%, profitability 12%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
53 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · micro…
- Resignation: ZHU Qing (director)Director discharge · Power of…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2026
- 22-09-2026Annual accounts filed
- 31-08-2026Resignation: ZHU Qing (director)
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Freight transport by roadNACE 49410
- Founded
- 14-05-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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