FinTrack
ActiveSummary
FinTrack has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79,253 and a net result of €7,179. Its solvency ranks better than 28% of 21,110 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €79,253
- Profit
- €7,179
- Holdings
- 1
Why 84raises riskFounded in 2024Liquidity: current ratio 0.51, cash €12,234lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €249,114Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 30% on solvency, 15% on liquidity, 20% on profitability and 56% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 21 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointment: DEGENEFFE Miguel Adrien Victor…
Financials · financial year 2025, micro format
2025 annual accounts filed late (21 days) Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00413208.
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 95% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,546 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,977 | €16,772 | ▲ 140% |
| Other operating charges640/8 | €1,853 | €1,241 | ▼ 33.1% |
| Gross operating margin9900 | €168,943 | €26,404 | ▼ 84.4% |
| Operating profit (loss)9901 | €160,114 | €8,391 | ▼ 94.8% |
| Financial income75/76B | €1 | €10,397 | ▲ 9,539× |
| Recurring financial income75 | €1 | €10,397 | ▲ 9,539× |
| Financial charges65/66B | €71,630 | €8,975 | ▼ 87.5% |
| Recurring financial charges65 | €3,339 | €8,975 | ▲ 169% |
| Non-recurring financial charges66B | €68,291 | - | - |
| Profit (loss) for the period before taxes9903 | €88,485 | €9,814 | ▼ 88.9% |
| Income taxes67/77 | €18,411 | €2,634 | ▼ 85.7% |
| Profit (loss) for the period9904 | €70,074 | €7,179 | ▼ 89.8% |
| Profit (loss) for the period to be appropriated9905 | €70,074 | €7,179 | ▼ 89.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €265,325 | €249,114 | ▼ 6.1% |
| Fixed assets21/28 | €165,168 | €199,874 | ▲ 21.0% |
| Tangible fixed assets22/27 | €165,168 | €149,874 | ▼ 9.3% |
| Land and buildings22 | €90,000 | €90,000 | = |
| Plant, machinery and equipment23 | - | €1,136 | - |
| Furniture and vehicles24 | €75,168 | €58,739 | ▼ 21.9% |
| Financial fixed assets28 | - | €50,000 | - |
| Current assets29/58 | €100,157 | €49,239 | ▼ 50.8% |
| Amounts receivable within one year40/41 | €68 | €11,347 | ▲ 166× |
| Trade receivables40 | - | €11,150 | - |
| Other amounts receivable41 | €68 | €197 | ▲ 189% |
| Current investments50/53 | €86,848 | €25,659 | ▼ 70.5% |
| Cash at bank and in hand54/58 | €13,241 | €12,234 | ▼ 7.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €265,325 | €249,114 | ▼ 6.1% |
| Equity10/15 | €72,074 | €79,253 | ▲ 10.0% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Reserves13 | €70,074 | €77,253 | ▲ 10.2% |
| Distributable reserves133 | €70,074 | €77,253 | ▲ 10.2% |
| Amounts payable17/49 | €193,251 | €169,861 | ▼ 12.1% |
| Amounts payable after more than one year17 | €99,617 | €73,093 | ▼ 26.6% |
| Financial debts170/4 | €99,617 | €73,093 | ▼ 26.6% |
| Amounts payable within one year42/48 | €93,634 | €96,768 | ▲ 3.3% |
| Current portion of amounts payable after more than one year42 | €26,000 | €26,525 | ▲ 2.0% |
| Trade debts44 | €3,385 | €1,051 | ▼ 69.0% |
| Suppliers440/4 | €3,385 | €1,051 | ▼ 69.0% |
| Taxes, remuneration and social security45 | €32,952 | €31,967 | ▼ 3.0% |
| Taxes450/3 | €32,952 | €31,967 | ▼ 3.0% |
| Other amounts payable47/48 | €31,296 | €37,225 | ▲ 18.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €70,074 | €7,179 | ▼ 89.8% |
| + Depreciation and write-downs630 | €6,977 | €16,772 | ▲ 140% |
| Operating cash flow (approximation) | €77,050 | €23,951 | ▼ 68.9% |
| Investment in fixed assets (approximation) | - | -€51,479 | - |
| Change in cash | - | -€1,007 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 21-08-2026 | 2026-00413208 |
| 31-12-2024 | micro format | 20-08-2025 | 2025-00389358 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DEGENEFFE Miguel Adrien Victor Laurent Diego |
|
Owners and capital
Capital and shareholders
- DEGENEFFE Miguel Adrien Victor Laurent Diego 1,000 shares (100%) · €2,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 19-04-2024 Incorporation · €2,000 · 1,000 shares
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
50%
According to the 2025 annual accounts of FinTrack and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
On 17 April 2024, FinTrack was incorporated as a private limited company by one natural person, with a starting capital of €2,000.12 DEGENEFFE Miguel Adrien Victor Laurent Diego has served as director of the company since 2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Acts, filings and financial milestones
19-04
Gazette deed
IncorporationAppointment: DEGENEFFE Miguel Adrien Victor Laurent Diego (director) · Founder · Founding capital10 facts ▸
- Incorporation, “FinTrack” (deed in Dutch)
- Founder, DEGENEFFE Miguel Adrien Victor Laurent Diego
- Founding capital, €2,000
- Shareholding, 1000
- Other provision, “eerste boekjaar en eerste algemene vergadering”, 31-12-2024 (deed in Dutch)
- Registered office clause, “3800 Sint-Truiden (Ordingen), Hogeweg 51” (deed in Dutch)
- Board rule, 1
- Director appointment, DEGENEFFE Miguel Adrien Victor Laurent Diego (director (not named in the articles))
- Other provision, “geen bestuursverbod, geen strafrechtelijk of burgerrechtelijk bestuursverbod onderneming uitbaten of functie bestuurder commissaris zaakvoerder uitoefenen perso…” (deed in Dutch)
- Pre-incorporation commitments, “takeover, verbintenissen verplichtingen activiteiten in naam en voor rekening vennootschap in oprichting” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71048B0120/00V002 | Flanders | 995 m² | 1 · 148 m² | 6.1 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De ontwikkeling van softwareprogramma's, met een specifieke focus op blockchain-technologieën en financiële markten; Omzetten van complexe…” (deed in Dutch)
8 activities (deed in Dutch)
- De ontwikkeling van softwareprogramma's, met een specifieke focus op blockchain-technologieën en financiële markten.
- Omzetten van complexe data in waardevolle informatie, waardoor gebruikers toegang krijgen tot essentiële inzichten in real-time.
- Inkomsten genereren door middel van het aanbieden van informatieve tools aan het publiek via een maandelijks abonnementsmodel en door middel van advertentie-inkomsten.
- Betalingen in cryptocurrencies accepteren, gezien de doelgroep grotendeels bestaat uit cryptocurrency investeerders.
- Alle handelingen met betrekking tot de cryptocurrency-markt, alsook het genereren van inkomsten via de aangeboden diensten, de inkomsten verhandelen op zowel de crypto- als aandelenmarkt.
- Het ontwikkelen van eigen handelsbots en deze trading bots inzetten voor eigen beleggingsactiviteiten.
- Adviesverlening over investeringsstrategie
- De ontwikkeling van alle IT-producten, inclusief internet gerelateerde producten, ontwikkeling van computerproducten en programma’s voor gegevensbeheer, verwerking van data, creatie, ontwerp, ontwikkeling, hosting, beheer van implementatiesites.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FinTrack
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, natuurlijke personen of rechtspersonen” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Voor de helft ten laste van overdrager en voor andere helft ten laste van koper(s) naar evenredigheid bij meer kopers,ook bij weigering…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Nieuwe aandelen waarop in geld wordt ingeschreven, Inbreng in geld met uitgifte van nieuwe aandelen – recht van voorkeur” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 20:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Indien geen andere vereffenaar benoemd, bestuurder(s) in functie als vereffenaar(s)” (deed in Dutch)