Finso
ActiveFinso has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67k and a net result of €-100. Equity is growing by ~22.9% per year across the filed fiscal years. Its solvency ranks better than 60% of 687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-16
Solvency63▲+6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.94 against 1.13 in 2024; short-term debt: 42.3% and cash: 0.4% of total assets), and 61.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
38.1%
Return on assets
-0.1%
Age of the figures
9 mo
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
27 d late
2024
60 d late
2023
161 d late
2022
276 d late
2021
10 d late
2020
61 d late
2019
2 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€67k▼ 0.1%
2024 · €67k
2019: €14k
2020: €24k
2021: €35k
2022: €39k
2023: €39k
2024: €67k
2019 → 2025
Total assets
€176k▼ 16.8%
2024 · €211k
2019: €161k
2020: €178k
2021: €188k
2022: €198k
2023: €214k
2024: €211k
2019 → 2025
Net result
€-100
2024 · €28k
2019: €7k
2020: €10k
2021: €11k
2022: €4k
2023: €16k
2024: €28k
2019 → 2025
Working capital
€-5k
2024 · €13k
2019: €-28k
2020: €-32
2021: €-8k
2022: €-16k
2023: €-19k
2024: €13k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€39k▲ 11.4%€39k=€67k▲ 73.0%€67k▼ 0.1%
Operating result€18k-€10k▼ 45.4%€25k▲ 154%€47k▲ 87.9%€6k▼ 86.7%
Net result€11k-€4k▼ 62.8%€16k▲ 291%€28k▲ 82.5%€-100
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 87% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €176k
Fixed assets
€106k▲ 7.3%
Current assets
€70k▼ 37.9%
Equity and liabilities €176k
Equity
€67k▼ 0.1%
Debt
€109k▼ 24.5%
The debt ratio falls from 68.3% to 61.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€30k▼
2024 · €67k
Cash flow
€23k▼
2024 · €48k
Solvency
38.1%▲
2024 · 31.7%
Current ratio
0.94▼
2024 · 1.13
Quick ratio
0.94▼
2024 · 1.13
Debt / equity
1.63▼
2024 · 2.15
ROE
-0.1%▼
2024 · 42.2%
ROA
-0.1%▼
2024 · 13.4%
Interest coverage
8.34▼
2024 · 20.75
Debt
€109k▼
2024 · €144k
Debt ≤ 1 year
€74k▼
2024 · €100k
Debt > 1 year
€34k▼
2024 · €45k
Income taxes
€5k▼
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€211k€176k▼
Fixed assets21/28€99k€106k▲
Intangible fixed assets21€902€55▼
Tangible fixed assets22/27€77k€85k▲
Plant, machinery and equipment23€8k€6k▼
Furniture and vehicles24€9k€5k▼
Other tangible fixed assets26€60k€74k▲
Financial fixed assets28€21k€21k=
Current assets29/58€113k€70k▼
Amounts receivable within one year40/41€100k€69k▼
Trade receivables40€55k€19k▼
Other amounts receivable41€46k€49k▲
Cash at bank and in hand54/58€11k€655▼
Deferred charges and accrued income490/1€754€471▼
Equity and liabilities
Total equity and liabilities10/49€211k€176k▼
Equity10/15€67k€67k▼
Contributions10/11€6k€6k=
Reserves13€61k€61k=
Distributable reserves133€61k€61k=
Profit (loss) carried forward14€0€-100▼
Amounts payable17/49€144k€109k▼
Amounts payable after more than one year17€45k€34k▼
Financial debts170/4€45k€34k▼
Amounts payable within one year42/48€100k€74k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€27k€3k▼
Suppliers440/4€27k€3k▼
Advances received on contracts in progress46€830€400▼
Taxes, remuneration and social security45€46k€34k▼
Taxes450/3€46k€25k▼
Remuneration and social security454/9€0€9k▲
Other amounts payable47/48€16k€27k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€23k▲
Other operating charges640/8€2k€5k▲
Gross operating margin9900€69k€35k▼
Operating profit (loss)9901€47k€6k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€45k€4k▼
Income taxes67/77€17k€5k▼
Profit (loss) for the period9904€28k€-100▼
Profit (loss) for the period to be appropriated9905€28k€-100▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€-100▼
Transfer to equity691/2€28k€0▼
To other reserves6921€28k€0▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet €-100 ▼100%
Net result drops to €-100, the lowest in the series.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
08-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 161 days late
2024
31-12
Financial
Highest result since 2019net €28k ▲82.5%
Operating result €47k, net result €28k, both a record.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 276 days late
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Damme · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Spegelsweg 18340 DammeGround area
569 m²
Building footprint
185 m²
Volume, LiDAR
868 m³
Parcel 31023C0215/02G000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Finso
since 20182.277.380.351
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31023C0215/02G000 | Flanders | 569 m² | 1 · 185 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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).
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 255 EUR awarded · 255 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 255 EUR | 255 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteDamme2.277.380.351
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Of 1,856 companies in sector 55204 we hold annual accounts for 450. 351 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-06-2018
Fiscal year end31-12
Activities, NACEBEL
55204Guest rooms (bed and breakfast)
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.