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FINPLAS

Active
Private limited companyfounded 20233 yrs activePlas 48, 1840 Londerzeel, BelgiumKBO/BCE: BE 0798.083.831
Summary

The computed 12-month bankruptcy probability of FINPLAS is 3.9% (moderate). The annual accounts of FINPLAS for fiscal year 2024 show a net loss of 185% of the equity at the start of that year. The 2024 annual accounts show equity of €29,626 and a net result of -€44,382. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability26▼-3
Solvency28=
Growth52
Track record94
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
cash: 9% of total assets, and 97% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
3%
Return on assets
-4.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-04-2025, 98 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
98 d early
2023
87 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 6 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 (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

FINPLAS was incorporated on 3 February 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€29,626▲ 23.4%
2023 · €24,009
Total assets
€1.0m▲ 28.2%
2023 · €782,300
Net result
-€44,382▼ 70.8%
2023 · -€25,991
Working capital
€47,239
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€2,646--€3,897▼ 47.3%
Net result-€25,991--€44,382▼ 70.8%
Equity€24,009-€29,626▲ 23.4%
Total assets€782,300-€1.0m▲ 28.2%
Debt€758,292-€973,573▲ 28.4%
Working capital€47,239-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0Operating result 2023: -€2,646-€2,646Net result 2023: -€25,991-€25,991Operating result 2024: -€3,897-€3,897Net result 2024: -€44,382-€44,38220232024-€60,000-€40,000-€20,000€0Operating result 2023: -€2,646-€2,650Net result 2023: -€25,991-€26,000Operating result 2024: -€3,897-€3,900Net result 2024: -€44,382-€44,40020232024
The operating result stays negative: a loss of €3,897 in 2024 against €2,646 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.0m
Fixed assets €913,340 ▲ 24.7%
Current assets €89,859 ▲ 80.5%
Equity and liabilities €1.0m
Equity €29,626 ▲ 23.4%
Debt €973,573 ▲ 28.4%
Debt's share of the balance-sheet total rises from 96.9% to 97.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Debt to equity
32.86▲
2023 · 31.58
ROE
-149.8%▼
2023 · -108.3%
ROA
-4.4%▼
2023 · -3.3%
Debt > 1 year
€973,573▲
2023 · €755,747
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 27 lines
Balance sheet Code20232024
Assets
Total assets20/58€782,300€1.0m▲
Fixed assets21/28€732,516€913,340▲
Tangible fixed assets22/27-€3,720
Other tangible fixed assets26-€3,720
Financial fixed assets28€732,516€909,620▲
Current assets29/58€49,784€89,859▲
Cash at bank and in hand54/58€49,784€89,859▲
Equity and liabilities
Total equity and liabilities10/49€782,300€1.0m▲
Equity10/15€24,009€29,626▲
Contributions10/11€50,000€100,000▲
Profit (loss) carried forward14-€25,991-€70,374▼
Amounts payable17/49€758,292€973,573▲
Amounts payable after more than one year17€755,747€973,573▲
Financial debts170/4€755,747€973,170▲
Trade debts175-€403
Amounts payable within one year42/48€2,545-
Other amounts payable47/48€2,545-
Income statement Code20232024
Other operating charges640/8€384€387▲
Gross operating margin9900-€2,262-€3,509▼
Operating profit (loss)9901-€2,646-€3,897▼
Financial charges65/66B€23,345€40,485▲
Recurring financial charges65€23,345€40,485▲
Profit (loss) for the period before taxes9903-€25,991-€44,382▼
Profit (loss) for the period9904-€25,991-€44,382▼
Profit (loss) for the period to be appropriated9905-€25,991-€44,382▼
Appropriation of the result
Profit (loss) to be appropriated9906-€25,991-€70,374▼
Profit (loss) brought forward from the previous period14P--€25,991

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Other operating charges640/8€384€387▲ 0.8%
Gross operating margin9900-€2,262-€3,509▼ 55.2%
Operating profit (loss)9901-€2,646-€3,897▼ 47.3%
Financial charges65/66B€23,345€40,485▲ 73.4%
Recurring financial charges65€23,345€40,485▲ 73.4%
Profit (loss) for the period before taxes9903-€25,991-€44,382▼ 70.8%
Profit (loss) for the period9904-€25,991-€44,382▼ 70.8%
Profit (loss) for the period to be appropriated9905-€25,991-€44,382▼ 70.8%
Line20232024Change
Assets
Total assets20/58€782,300€1.0m▲ 28.2%
Fixed assets21/28€732,516€913,340▲ 24.7%
Tangible fixed assets22/27-€3,720-
Other tangible fixed assets26-€3,720-
Financial fixed assets28€732,516€909,620▲ 24.2%
Current assets29/58€49,784€89,859▲ 80.5%
Cash at bank and in hand54/58€49,784€89,859▲ 80.5%
Equity and liabilities
Total equity and liabilities10/49€782,300€1.0m▲ 28.2%
Equity10/15€24,009€29,626▲ 23.4%
Contributions10/11€50,000€100,000▲ 100%
Profit (loss) carried forward14-€25,991-€70,374▼ 171%
Amounts payable17/49€758,292€973,573▲ 28.4%
Amounts payable after more than one year17€755,747€973,573▲ 28.8%
Financial debts170/4€755,747€973,170▲ 28.8%
Trade debts175-€403-
Amounts payable within one year42/48€2,545--
Other amounts payable47/48€2,545--
Line20232024Change
Profit (loss) for the period9904-€25,991-€44,382▼ 70.8%
Operating cash flow (approximation)-€25,991-€44,382▼ 70.8%
Investment in fixed assets (approximation)--€180,824-
Change in cash-€40,075-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
24-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 87 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Londerzeel · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
293 m²
Building footprint
291 m²
Volume, LiDAR
1,305 m³
Parcel 23080A0115/00F000, Flanders · tallest building 5.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Plas 48, 1840 Londerzeel
Financial service activities, except insurance and pension funding
since 20232.342.736.872
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23080A0115/00F000 Flanders 293 m² 1 · 291 m² 5.9 m · 1 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded03-02-2023
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.