Financials
- Fiscal year
- 2025
- Total assets
- €61.1m
- Loss
- -€515,867
- Solvency
- 7.3%
Total assets▼ 1.3%
Net result
20242025
FINPAR X
ActiveSummary
FINPAR X has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.5m and a net result of -€515,867. The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Activity
Activity not known
Size
€61.1mtotal assets 2025
- Equity
- €4.5m
- Loss
- -€515,867
Structure
- Parent
- GROEP BRUSSEL LAMBERT · 98.07%
- Holdings
- 2
Accounts 118 d early0 of 1 deed read
Why 65- Liquidity: current ratio 70.65, cash €92,044- Founded in 2024- No establishment unit in the KBO+ Size: total assets €61.1mShow the evidence
Checked score
Score 2025
65
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 26% of its sector peers (no NACE code, large)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
32-1
equity 7.3% of total assets
Liquidity
50=
short-term debt 0.0% · cash 0.2%
Profitability
35+2
return on assets -0.8%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2025: 1.0%lowest value
06-2025: 1.0%● 0.0% vs 05-2025lowest value
07-2025: 1.0%● 0.0% vs 06-2025lowest value
08-2025: 1.1%▲ +8.4% vs 07-2025
09-2025: 1.1%▲ +0.6% vs 08-2025
10-2025: 1.1%▲ +5.5% vs 09-2025
11-2025: 1.1%● 0.0% vs 10-2025
12-2025: 1.1%▲ +0.2% vs 11-2025
01-2026: 1.1%▼ -6.1% vs 12-2025
02-2026: 1.0%▼ -1.9% vs 01-2026
03-2026: 1.1%▲ +4.3% vs 02-2026
04-2026: 1.1%▲ +1.9% vs 03-2026
05-2026: 1.1%▲ +1.1% vs 04-2026
06-2026: 1.3%▲ +13.3% vs 05-2026
07-2026: 1.9%▲ +49.2% vs 06-2026
08-2026: 1.9%▲ +3.0% vs 07-2026
09-2026: 2.2%▲ +15.3% vs 08-2026highest value
10-2026: 1.0%▼ -55.1% vs 09-2026
- Size: total assets €61.1m lowers the probability for this profile
- Liquidity: current ratio 70.65, cash €92,044 raises the probability
- Founded in 2024 raises the probability for this profile
- No establishment unit in the KBO raises the probability
Credit up to €290,000 at 30 days only on tighter terms
Liquidity ample (current ratio 70.65 against 3.9 in 2024; short-term debt: 0% and cash: 0.2% of total assets), but 92.7% of the assets are financed with debt.
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 (no NACE code, large). Better than this share of them on solvency 9%, liquidity 54%, profitability 29%, growth against the median 11%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. 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
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2425
2024 to 2025 · latest year -€515,867
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-01-2026, 118 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
118 d early
2024
141 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 130 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-09-2026 close06-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Liquidity times 18current ratio 70.65
- Annual accounts filedfiscal year 2024 · full…
Key points
By topic
Board & ownership
- Parent
- GROEP BRUSSEL LAMBERT · 98.07%
- Known shareholders
- 100%
Network & group
- Holdings
- 2
2 holdings
Timeline
- Events
- 3
- Since
- 2024
- Next accounts
- by 30-04-2027
- 02-01-2026Annual accounts filed
- 30-09-2025Liquidity times 18
- 10-12-2024Annual accounts filed
Company details
- Legal form
- Private limited company
- Founded
- 29-04-2024
- Year ends
- 30-09
- Peppol
- Not found in the Peppol directory
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