Financials
- Fiscal year
- 2025
- Total assets
- €977,003
- Loss
- -€566,142
- Solvency
- -49.8%
FINRACK
ActiveSummary
FINRACK has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€486,142) and a net result of -€566,142. Its solvency ranks better than 9% of 3324 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Activity
Computer consultancy and computer facilities management
NACE 62200IT consultancy NACE 62020Other business support services NACE 82990
1 site
Size
€977,003total assets 2025
- Staff
- 2.8 FTE
- Equity
- -€486,142
- Loss
- -€566,142
Turnover not published (abridged schema)
Structure
Accounts 38 d early0 of 2 deeds read
Why 53Capped at 59: negative equity- Founded in 2024+ Sector Computer programming, consultancy and related activities (NACE 62)+ Legal form Public limited company+ No annual accounts with figuresShow the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 14% of its sector peers (NACE 62, without accounts)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength
Weak
Solvency
0
equity -49.8% of total assets
Liquidity
71
short-term debt 35.5% · cash 29.9%
Profitability
0
return on assets -57.9%
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2025: 0.3%lowest value
06-2025: 0.3%▲ +2.1% vs 05-2025
07-2025: 0.3%● 0.0% vs 06-2025
08-2025: 0.3%▲ +3.3% vs 07-2025
09-2025: 0.3%▲ +0.6% vs 08-2025
10-2025: 0.4%▲ +11.7% vs 09-2025
11-2025: 0.4%▲ +14.4% vs 10-2025
12-2025: 0.5%▲ +7.2% vs 11-2025
01-2026: 0.5%▼ -2.9% vs 12-2025
02-2026: 0.5%▲ +0.2% vs 01-2026
03-2026: 0.5%▲ +9.7% vs 02-2026
04-2026: 0.5%▲ +5.5% vs 03-2026
05-2026: 0.5%▲ +1.5% vs 04-2026
06-2026: 0.5%▼ -1.6% vs 05-2026
07-2026: 0.5%● 0.0% vs 06-2026
08-2026: 0.5%▲ +2.0% vs 07-2026highest value
09-2026: 0.5%● 0.0% vs 08-2026highest value
10-2026: 0.5%● 0.0% vs 09-2026highest value
- Sector Computer programming, consultancy and related activities (NACE 62) lowers the probability
- Founded in 2024 raises the probability for this profile
- Legal form Public limited company lowers the probability
- No annual accounts with figures lowers the probability
No credit on open account
Liquidity ample (current ratio 1.69; short-term debt: 35.5% and cash: 29.9% 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 62, without accounts). Better than this share of them on solvency 3%, liquidity 35%, profitability 5%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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
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 23-06-2026, 38 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
38 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · abbreviated…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
- 23-06-2026Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Founded
- 10-04-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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