Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of FinSource België is 0.4% (very low). The 2024 annual accounts show equity of €322k and a net result of €72k. Its solvency ranks better than 84% of 1396 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Signals
1 signal · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 22-07-2025 | 9 d early | 2025-00292123 |
| 31-12-2023 | 31-07-2024 | 17-07-2024 | 14 d early | 2024-00252149 |
| 31-12-2022 | 31-07-2023 | 20-07-2023 | 11 d early | 2023-00254182 |
| 31-12-2021 | 31-07-2022 | 25-07-2022 | 6 d early | 2022-20217009 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Annual accounts & ratios
Source: NBB · 2024| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 79.3% | 43.5% | |
| Net result | €72k | €42k | |
| Equity | €322k | €163k | |
| Gross operating margin | €115k | €72k | |
| Total assets | €406k | €607k |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €113k |
| Net profit | €72k |
| Cash flow | €88k |
| Staff costs | - |
| Income taxes | €24k |
| Dividends | - |
| Total assets | €406k |
| Equity | €322k |
| Debt | €84k |
| of which ≤ 1y | €64k |
| of which > 1y | €20k |
| Working capital | €168k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 3.64 |
| Quick ratio | 3.64 |
| Working capital ratio | 41.5% |
| Solvency | 79.3% |
| Debt / equity | 0.26 |
| Long-term debt ratio | 0.06 |
| Interest coverage | 73.87 |
| Gross margin | - |
| Net margin | - |
| ROA | 17.7% |
| ROE | 22.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €406k |
| Fixed assets | 21/28 | €174k |
| Formation expenses | 20 | €290 |
| Tangible fixed assets | 22/27 | €174k |
| Current assets | 29/58 | €232k |
| Amounts receivable within one year | 40/41 | €32k |
| Cash & bank | 54/58 | €200k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €406k |
| Equity | 10/15 | €322k |
| Contributions / capital | 10/11 | €2k |
| Reserves | 13 | €320k |
| Amounts payable | 17/49 | €84k |
| Amounts payable after one year | 17 | €20k |
| Amounts payable within one year | 42/48 | €64k |
| Trade debts payable within one year | 44 | €4k |
| Income statement | ||
| Gross operating margin | 9900 | €115k |
| Operating result | 9901 | €98k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €96k |
| Income taxes | 67/77 | €24k |
| Net result for the period | 9904 | €72k |
| Result to be appropriated | 9905 | €72k |
Health barometer
FY 2024 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Structure & network
Connections & network
1 connected companyOwnership & control
1 partyEach band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Locations & real estate
Registered office
from the Crossroads BankThis address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tallinnstraat 162000 AntwerpenEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1457/19S000 | Flanders | 183 m² | 1 · 1,197 m² | 1.8 m |
Publications
Lifecycle & Insolvency Signals
Belgisch Staatsblad · acts
1 acts24-06-2022 Registered office moved within Antwerpen
- Paul Smekensplein 30 bus 304 -2000 Antwerpen → Tallinnstraat 16 bus 301-2000 Antwerpen
Analysis
Snowflake analysis
financial profile on 5 axesStrong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
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AI due-diligence brief
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Credit advice
verdict per customer and amountSimilar
Similar companies
Comparable size, same sectorCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | FinSource België |