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Complete company report
Generated 15-08-2026
Active BE 0767.551.003Private limited company

FINPAR VII

Marnixlaan 24 ·1000 Brussel, Belgium· 5 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of FINPAR VII is 4.0% (elevated). The 2025 annual accounts show negative equity (€-8.31M) and a net result of €160k. Equity is shrinking by ~10.8% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €-8.31M
Net result €160k
Active 5 yrs
Publications 3
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health23Profitability0Solvency50Growth58Stability94
45 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 23
Profitability 0
Solvency 50
Growth 58
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
4.0% Elevated
0%0,5%1,5%4%10%≥25%
Young company +No NACE activity registered +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2025 · computed
23 / 100 Critical
050100
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview5 NBB filings
Annual accounts filed on 02-01-2026 with the NBB · fiscal year 2025 · ander
€-2.00M€-1.00M€0Operating result 2023: €-55k€-55kNet result 2023: €-1.38M€-1.38MOperating result 2024: €-62k€-62kNet result 2024: €-1.96M€-1.96MOperating result 2025: €-65k€-65kNet result 2025: €160k€160k202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~10.8%/year over 3 fiscal years, indicative, assuming unchanged policy.
€-12.00M€-10.00M€-8.00M€-6.00M2026: €-9.22M (€-9.88M - €-8.55M)2027: €-10.12M (€-10.78M - €-9.45M)2028: €-11.02M (€-11.68M - €-10.35M)2023: €-6.51M2024: €-8.47M2025: €-8.31M202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).

Net profit
€160k
- 23-25
Total assets
€64.97M
-1.2% 23-25
Equity
€-8.31M
+1.9% 23-25
Working capital
€2.41M
- 23-25
Debt
€73.28M
-1.3% 23-25
Debt ≤ 1y
€13k
- 23-25
Debt > 1y
€71.27M
0.0% 23-25
Current ratio
189.76
- 23-25
Quick ratio
189.76
- 23-25
Solvency
-12.8%
+0.7% 23-25
Debt / equity
-8.81
-0.6% 23-25
ROE
-1.9%
- 23-25
ROA
0.2%
- 23-25
Figures by fiscal year
Fiscal year2025
Depositander
Revenue-
EBITDA-
Net profit€160k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€64.97M
Equity€-8.31M
Debt€73.28M
of which ≤ 1y-
of which > 1y€71.27M
Working capital-
Employees (FTE)-
Ratios (computed)
2025
Current ratio-
Quick ratio-
Working capital ratio-
Solvency-12.8%
Debt / equity-8.81
Long-term debt ratio-8.57
Interest coverage-
Gross margin-
Net margin-
ROA0.2%
ROE-1.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€64.97M
Fixed assets 21/28€63.57M
Financial fixed assets 28€63.57M
Current assets 29/58€1.40M
Amounts receivable within one year 40/41€1.01M
Cash & bank 54/58€384k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€64.97M
Equity 10/15€-8.31M
Contributions / capital 10/11€13.03M
Accumulated profits (losses) 14€-21.35M
Amounts payable 17/49€73.28M
Amounts payable after one year 17€71.27M
Income statement
Operating result 9901€-65k
Financial income 75€3.37M
Financial charges 65€2.55M
Result before taxes 9903€160k
Net result for the period 9904€160k
Result to be appropriated 9905€160k
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary -
Legal form Private limited company(610)
Incorporation27-04-2021
StatusActive
Postal code1000
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21805E0512/00G000
ProtectedMonumentVoormalige zetel van de bank LambertSource ↗
 Brussels 1.0 ha 1 · 4,485 m² 37.0 m · 11 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates 8 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
02-01-2026
NBB filing Annual accounts filed
fiscal year 2025 · ander
2024
10-12-2024
NBB filing Annual accounts filed
fiscal year 2024 · ander
29-01-2024
State Gazette act Director changes
02-01-2024
NBB filing Annual accounts filed
fiscal year 2023 · ander
2023
06-04-2023
State Gazette act Director changes
14-03-2023
NBB filing Annual accounts filed
fiscal year 2022 · ander
2022
31-03-2022
NBB filing Annual accounts filed
fiscal year 2021 · ander
2021
24-11-2021
State Gazette act Capital & shares
Catherine HATERT
Belgisch Staatsblad, acts 3 acts
Capital history · 1
24-11-2021
Capital change
All acts · 3 updated 2 years ago
2024
29-01-2024 4 reappointed Director changes
  • PwC Reviseurs d'Entreprises, Commissaris
  • Yves Croonenberghs, Bestuurder
  • Xavier Likin, Bestuurder
  • Priscilla Maters, Bestuurder
Technical details 
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      "evidence_quote": "Xavier Likin et Priscilla Maters pour une dur\u00E9e ind\u00E9termin\u00E9e.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
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      "rep_rotation_new_rep": null,
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    },
    {
      "kind": "director_renew",
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      "person": {
        "rrn": null,
        "name": "Priscilla Maters",
        "address": null,
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        "birth_place": null
      },
      "reason": null,
      "subkind": "renewal",
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      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Xavier Likin et Priscilla Maters pour une dur\u00E9e ind\u00E9termin\u00E9e.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2024-01-29",
    "filing_date": "2024-01-19",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2023-12-08",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0767.551.003",
    "name_full": "FINPAR VII",
    "legal_form": "SRL"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Xavier Likin",
    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2023
06-04-2023 Change in the board of directors Director changes
Technical details 
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    "firm_city": null,
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  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2023-04-06",
    "filing_date": "2023-03-29",
    "act_kind_objet": "Objet de l\u0027acte:"
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  "decisions": [
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      "date": "2023-03-01",
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  "is_correction": false,
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    "legal_form": "SRL"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Xavier Likin",
    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2021
24-11-2021 Capital increase of €9,341,180 to €13,032,450 Capital & shares·Catherine HATERT
  • €3.691.270 → €13.032.450
  • Inbreng in geld · Apport en numéraire
  • 2 kapitaalbewegingen in deze akte
Notary: Catherine HATERT · Saint-Josse-ten-Noode
Technical details 
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    {
      "kind": "capital_decrease",
      "after_eur": 3691270.0,
      "delta_eur": -20370.0,
      "before_eur": 3711640.0,
      "share_emission": {
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      },
      "decrease_purpose": "loss_absorption",
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    {
      "kind": "share_class_creation",
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    {
      "kind": "capital_increase",
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      "share_emission": {
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  "notary": {
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  "act_meta": {
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    },
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      "capital_share_eur": null,
      "voting_rights_per_share": 1.0
    },
    {
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      "class_name": "C",
      "capital_share_eur": null,
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    }
  ]
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR FINPAR VII
Registered office
Marnixlaan 24
1000 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative