Summary
FINOVER is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €111,046 and a net result of €238,671. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 26% of 2463 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
54 d late
2023
97 d late
2022
70 d late
2021
72 d late
2020
89 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 72 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
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. Usually files around 9 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€111,046▲ 8.5%
2024 · €102,375
Net result
€238,671▼ 15.4%
2024 · €282,077
Total assets
€535,934▼ 7.0%
2024 · €576,136
Solvency
20.7%▲ 3.0pp
2024 · 17.8%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€292,243▼ 26.8%€411,111▲ 40.7%€186,495▼ 54.6%€314,476▲ 68.6%€256,202▼ 18.5%
Net result€282,808above the sector's middle half▼ 28.0%€406,427above the sector's middle half▲ 43.7%€172,382above the sector's middle half▼ 57.6%€282,077above the sector's middle half▲ 63.6%€238,671above the sector's middle half▼ 15.4%
Equity€71,489within the sector's middle half▲ 12.3%€77,916within the sector's middle half▲ 9.0%€85,298within the sector's middle half▲ 9.5%€102,375within the sector's middle half▲ 20.0%€111,046within the sector's middle half▲ 8.5%
Total assets€722,112above the sector's middle half▼ 3.7%€733,165above the sector's middle half▲ 1.5%€706,695above the sector's middle half▼ 3.6%€576,136within the sector's middle half▼ 18.5%€535,934within the sector's middle half▼ 7.0%
Debt€650,623▼ 5.1%€655,249▲ 0.7%€621,397▼ 5.2%€473,761▼ 23.8%€424,888▼ 10.3%
Working capital-€14,123below the sector's middle half▼ 157%€27,610within the sector's middle half-€15,461below the sector's middle half-€24,285below the sector's middle half▼ 57.1%€13,624within the sector's middle half
Solvency9.9%below the sector's middle half▲ 1.4pp10.6%below the sector's middle half▲ 0.7pp12.1%below the sector's middle half▲ 1.4pp17.8%below the sector's middle half▲ 5.7pp20.7%within the sector's middle half▲ 3.0pp
Current ratio0.97within the sector's middle half▼ 0.021.05within the sector's middle half▲ 0.080.97within the sector's middle half▼ 0.090.93within the sector's middle half▼ 0.031.04within the sector's middle half▲ 0.10
Return on assets (ROA)39.2%above the sector's middle half▼ 13.2pp55.4%above the sector's middle half▲ 16.3pp24.4%above the sector's middle half▼ 31.0pp49.0%above the sector's middle half▲ 24.6pp44.5%above the sector's middle half▼ 4.4pp
Staff (FTE)0.70.8▲ 14.3%1.1▲ 37.5%
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €535,934
Fixed assets
€168,007 ▼ 27.2%
Current assets
€367,926 ▲ 6.5%
Equity and liabilities €535,934
Equity
€111,046 ▲ 8.5%
Debt
€424,888 ▼ 10.3%
Debt's share of the balance-sheet total falls from 82.2% to 79.3%. Equity is higher and debt is lower.
Key figures and ratios
ROE
214.9%▼
2024 · 275.5%
Debt ≤ 1 year
€354,303▼
2024 · €369,772
Debt > 1 year
€66,066▼
2024 · €102,332
Income taxes
€21,713▲
2024 · €18,456
Staff costs
€43,724▲
2024 · €40,199
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €32,406 | €29,700 | €37,559 | €40,199 | €43,724 | ▲ 8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €82,306 | €42,207 | €63,841 | €79,919 | €81,142 | ▲ 1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €113,500 | - | €114,319 | - |
| Other operating charges640/8 | €5,429 | €5,153 | €3,389 | €4,577 | €4,030 | ▼ 11.9% |
| Gross operating margin9900 | €412,383 | €488,170 | €404,784 | €439,171 | €499,417 | ▲ 13.7% |
| Operating profit (loss)9901 | €292,243 | €411,111 | €186,495 | €314,476 | €256,202 | ▼ 18.5% |
| Financial income75/76B | €8,527 | €8,855 | €8,391 | €6,782 | €7,345 | ▲ 8.3% |
| Recurring financial income75 | €8,527 | €8,855 | €8,391 | €6,782 | €7,345 | ▲ 8.3% |
| Financial charges65/66B | €3,125 | €3,680 | €7,163 | €20,725 | €3,164 | ▼ 84.7% |
| Recurring financial charges65 | €3,125 | €3,680 | €7,163 | €20,725 | €3,164 | ▼ 84.7% |
| Profit (loss) for the period before taxes9903 | €297,645 | €416,286 | €187,723 | €300,532 | €260,384 | ▼ 13.4% |
| Income taxes67/77 | €14,837 | €9,859 | €15,341 | €18,456 | €21,713 | ▲ 17.6% |
| Profit (loss) for the period9904 | €282,808 | €406,427 | €172,382 | €282,077 | €238,671 | ▼ 15.4% |
| Profit (loss) for the period to be appropriated9905 | €282,808 | €406,427 | €172,382 | €282,077 | €238,671 | ▼ 15.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €722,112 | €733,165 | €706,695 | €576,136 | €535,934 | ▼ 7.0% |
| Fixed assets21/28 | €218,100 | €201,207 | €246,761 | €230,649 | €168,007 | ▼ 27.2% |
| Intangible fixed assets21 | €6,000 | €4,000 | €42,219 | €37,579 | €25,979 | ▼ 30.9% |
| Tangible fixed assets22/27 | €212,100 | €197,207 | €204,541 | €193,070 | €142,028 | ▼ 26.4% |
| Land and buildings22 | €132,245 | €135,794 | €112,431 | €106,112 | €79,974 | ▼ 24.6% |
| Furniture and vehicles24 | €79,855 | €61,413 | €92,111 | €86,957 | €62,054 | ▼ 28.6% |
| Current assets29/58 | €504,012 | €531,958 | €459,934 | €345,487 | €367,926 | ▲ 6.5% |
| Amounts receivable after more than one year29 | €72,044 | €68,720 | €65,313 | €61,819 | €133,236 | ▲ 116% |
| Other amounts receivable291 | €72,044 | €68,720 | €65,313 | €61,819 | €133,236 | ▲ 116% |
| Amounts receivable within one year40/41 | €154,272 | €237,608 | €264,798 | €161,595 | €175,041 | ▲ 8.3% |
| Trade receivables40 | €53,912 | €82,532 | €106,714 | €71,415 | €49,661 | ▼ 30.5% |
| Other amounts receivable41 | €100,360 | €155,076 | €158,085 | €90,179 | €125,380 | ▲ 39.0% |
| Current investments50/53 | €220,000 | €220,000 | €106,500 | €106,500 | €50,000 | ▼ 53.1% |
| Cash at bank and in hand54/58 | €57,696 | €5,629 | €8,323 | €15,574 | €9,649 | ▼ 38.0% |
| Deferred charges and accrued income490/1 | - | - | €15,000 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €722,112 | €733,165 | €706,695 | €576,136 | €535,934 | ▼ 7.0% |
| Equity10/15 | €71,489 | €77,916 | €85,298 | €102,375 | €111,046 | ▲ 8.5% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €65,289 | €71,716 | €79,098 | €96,175 | €104,846 | ▲ 9.0% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €8,202 | €8,202 | €8,202 | €8,202 | €8,202 | = |
| Distributable reserves133 | €55,226 | €61,653 | €69,036 | €86,112 | €94,783 | ▲ 10.1% |
| Amounts payable17/49 | €650,623 | €655,249 | €621,397 | €473,761 | €424,888 | ▼ 10.3% |
| Amounts payable after more than one year17 | €125,716 | €145,557 | €142,797 | €102,332 | €66,066 | ▼ 35.4% |
| Financial debts170/4 | €125,716 | €145,557 | €142,797 | €102,332 | €66,066 | ▼ 35.4% |
| Amounts payable within one year42/48 | €518,135 | €504,348 | €475,396 | €369,772 | €354,303 | ▼ 4.2% |
| Current portion of amounts payable after more than one year42 | €38,863 | €27,078 | €39,727 | €40,465 | €36,266 | ▼ 10.4% |
| Financial debts43 | - | - | €15,000 | - | €30,000 | - |
| Credit institutions430/8 | - | - | €15,000 | - | €30,000 | - |
| Taxes, remuneration and social security45 | €25,428 | €26,126 | €29,365 | €22,896 | €15,919 | ▼ 30.5% |
| Taxes450/3 | €22,531 | €24,364 | €24,813 | €19,349 | €10,771 | ▼ 44.3% |
| Remuneration and social security454/9 | €2,897 | €1,762 | €4,552 | €3,547 | €5,149 | ▲ 45.1% |
| Other amounts payable47/48 | €453,844 | €451,144 | €391,304 | €306,411 | €272,117 | ▼ 11.2% |
| Accrued charges and deferred income492/3 | €6,772 | €5,345 | €3,204 | €1,657 | €4,519 | ▲ 173% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €282,808 | €406,427 | €172,382 | €282,077 | €238,671 | ▼ 15.4% |
| + Depreciation and write-downs630 | €82,306 | €42,207 | €63,841 | €79,919 | €81,142 | ▲ 1.5% |
| Operating cash flow (approximation) | €365,115 | €448,634 | €236,224 | €361,996 | €319,813 | ▼ 11.7% |
| Investment in fixed assets (approximation) | - | -€25,314 | -€109,395 | -€63,808 | -€18,500 | ▲ 71.0% |
| Change in cash | - | -€52,067 | €2,694 | €7,250 | -€5,925 | ▼ 182% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Equity above €100,000Eq €102,375 ▲20%
7 profitable years in a row build equity to €102,375.
05-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 97 days late
2023
31-12
Financial
Weakest financial yearnet €172,382 ▼57.6%
Net result drops to €172,382, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Highest result since 2018net €406,427 ▲43.7%
Operating result €411,111, net result €406,427, both a record.
11-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 72 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Hasselt · 1 establishment unit since 2008
Ground area
595 m²
Building footprint
185 m²
Volume, LiDAR
953 m³
Parcel 71327G0011/00A002, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
FINOVER
since 20082.170.360.647
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0011/00A002 | Flanders | 595 m² | 1 · 185 m² | 8.6 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,280 EUR awarded · 1,280 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 211 EUR | 211 EUR |
| 2024 | 1 | 372 EUR | 372 EUR |
| 2023 | 1 | 367 EUR | 367 EUR |
| 2022 | 1 | 330 EUR | 330 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
5493006KXKYEQH0XNS48
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Of 4,674 companies in sector 66220 we hold annual accounts for 3,222. 2,734 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
Founded17-03-2008
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
E-invoicing
Not found in the Peppol register
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.