FINTREST
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
31 d late
2022
121 d late
2021
131 d late
2020
54 d late
2019
159 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 88 days after 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)
Financials · fiscal year 2024, micro schema
Equity
€381,734▲ 217%
2023 · €120,330
Total assets
€414,606▲ 163%
2023 · €157,568
Net result
€261,404▲ 421%
2023 · €50,179
Working capital
€381,734▲ 329%
2023 · €89,024
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
Line20202021202220232024
Operating result€141,298▲ 21.4%€50,154▼ 64.5%€28,100▼ 44.0%€73,834▲ 163%€385,788▲ 423%
Net result€128,249▲ 14.8%€50,000▼ 61.0%€13,038▼ 73.9%€50,179▲ 285%€261,404▲ 421%
Equity€127,113▲ 28.6%€92,113▼ 27.5%€70,151▼ 23.8%€120,330▲ 71.5%€381,734▲ 217%
Total assets€245,891▲ 31.1%€162,656▼ 33.9%€122,459▼ 24.7%€157,568▲ 28.7%€414,606▲ 163%
Debt€118,778▲ 33.9%€70,543▼ 40.6%€52,308▼ 25.8%€37,238▼ 28.8%€32,871▼ 11.7%
Working capital€92,360▲ 57.8%€47,138▼ 49.0%€27,555▼ 41.5%€89,024▲ 223%€381,734▲ 329%
Staff (FTE)1.3▲ 44.4%2▲ 53.8%1.8▼ 10.0%1▼ 44.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 423% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €414,606
Equity
€381,734 ▲ 217%
Debt
€32,871 ▼ 11.7%
Debt's share of the balance-sheet total falls from 23.6% to 7.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€391,283▲
2023 · €88,475
Cash flow
€266,900▲
2023 · €64,820
Current ratio
12.61▲
2023 · 3.44
Debt to equity
0.09▼
2023 · 0.31
ROE
68.5%▲
2023 · 41.7%
ROA
63.0%▲
2023 · 31.8%
Interest coverage
272.68▲
2023 · 82.47
Debt ≤ 1 year
€32,871▼
2023 · €36,504
Debt > 1 year
€0▼
2023 · €735
Income taxes
€122,948▲
2023 · €22,587
Staff costs
€2,914▼
2023 · €37,788
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €67,653 | €82,184 | €37,788 | €2,914 | ▼ 92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,581 | €5,000 | €12,729 | €14,641 | €5,496 | ▼ 62.5% |
| Other operating charges640/8 | - | €2,287 | €11,660 | €5,673 | €42,145 | ▲ 643% |
| Gross operating margin9900 | €204,469 | €125,095 | €134,674 | €131,936 | €436,343 | ▲ 231% |
| Operating profit (loss)9901 | €141,298 | €50,154 | €28,100 | €73,834 | €385,788 | ▲ 423% |
| Financial income75/76B | - | €1 | €0 | €4 | €0 | ▼ 100% |
| Recurring financial income75 | - | €1 | €0 | €4 | €0 | ▼ 100% |
| Financial charges65/66B | - | €155 | €1,925 | €1,073 | €1,435 | ▲ 33.8% |
| Recurring financial charges65 | €468 | €155 | €1,925 | €1,073 | €1,435 | ▲ 33.8% |
| Profit (loss) for the period before taxes9903 | €140,830 | €50,000 | €26,175 | €72,765 | €384,353 | ▲ 428% |
| Income taxes67/77 | €12,581 | - | €13,137 | €22,587 | €122,948 | ▲ 444% |
| Profit (loss) for the period9904 | €128,249 | €50,000 | €13,038 | €50,179 | €261,404 | ▲ 421% |
| Profit (loss) for the period to be appropriated9905 | €128,249 | €50,000 | €13,038 | €50,179 | €261,404 | ▲ 421% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €245,891 | €162,656 | €122,459 | €157,568 | €414,606 | ▲ 163% |
| Fixed assets21/28 | €34,753 | €44,975 | €45,062 | €32,041 | €0 | ▼ 100% |
| Intangible fixed assets21 | €34,753 | €29,753 | €24,583 | €19,583 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | - | €15,222 | €20,478 | €12,458 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | €3,945 | €5,470 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €15,222 | €16,533 | €6,987 | €0 | ▼ 100% |
| Current assets29/58 | €211,138 | €117,681 | €77,397 | €125,527 | €414,606 | ▲ 230% |
| Amounts receivable within one year40/41 | €619 | €283 | €5,646 | €40,947 | €200,000 | ▲ 388% |
| Trade receivables40 | - | - | €5,646 | €18,931 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €283 | €0 | €22,016 | €200,000 | ▲ 808% |
| Cash at bank and in hand54/58 | €210,519 | €117,398 | €70,656 | €81,831 | €214,606 | ▲ 162% |
| Deferred charges and accrued income490/1 | - | - | €1,095 | €2,749 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €245,891 | €162,656 | €122,459 | €157,568 | €414,606 | ▲ 163% |
| Equity10/15 | €127,113 | €92,113 | €70,151 | €120,330 | €381,734 | ▲ 217% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €65,113 | €30,113 | €8,151 | €58,330 | €319,734 | ▲ 448% |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | - | €23,913 | €1,951 | €52,130 | €313,534 | ▲ 501% |
| Profit (loss) carried forward14 | -€17,568 | - | €0 | €0 | - | - |
| Amounts payable17/49 | €118,778 | €70,543 | €52,308 | €37,238 | €32,871 | ▼ 11.7% |
| Amounts payable after more than one year17 | - | - | €2,465 | €735 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | €2,465 | €735 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €118,778 | €70,543 | €49,843 | €36,504 | €32,871 | ▼ 10.0% |
| Current portion of amounts payable after more than one year42 | - | - | €1,685 | €1,730 | €0 | ▼ 100% |
| Trade debts44 | €388 | €8,232 | €3,807 | €2,229 | €6,743 | ▲ 202% |
| Suppliers440/4 | - | €8,232 | €3,807 | €2,229 | €6,743 | ▲ 202% |
| Taxes, remuneration and social security45 | - | €10,943 | €9,337 | €32,544 | €22,948 | ▼ 29.5% |
| Taxes450/3 | - | €1,199 | €473 | €23,060 | €22,948 | ▼ 0.5% |
| Remuneration and social security454/9 | - | €9,743 | €8,864 | €9,484 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €51,368 | €35,014 | €0 | €3,180 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €128,249 | €50,000 | €13,038 | €50,179 | €261,404 | ▲ 421% |
| + Depreciation and write-downs630 | €5,581 | €5,000 | €12,729 | €14,641 | €5,496 | ▼ 62.5% |
| Operating cash flow (approximation) | €133,830 | €55,000 | €25,767 | €64,820 | €266,900 | ▲ 312% |
| Investment in fixed assets (approximation) | - | -€15,222 | -€12,816 | -€1,620 | €26,545 | ▲ 1,738% |
| Change in cash | - | -€93,121 | -€46,741 | €11,175 | €132,775 | ▲ 1,088% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €261,404 ▲421%
Operating result €385,788, net result €261,404, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 12.61
Current ratio from 3.44 to 12.61; short-term debt falls from €36,504 to €32,871.
31-12
Financial
Equity above €200,000Eq €381,734 ▲217%
7 profitable years in a row build equity to €381,734.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 3.44
Current ratio from 1.55 to 3.44; short-term debt falls from €49,843 to €36,504.
31-12
Financial
Equity above €100,000Eq €120,330 ▲71.5%
6 profitable years in a row build equity to €120,330.
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 121 days late
2022
31-12
Financial
Weakest financial yearnet €13,038 ▼73.9%
Net result drops to €13,038, the lowest in the series.
09-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 131 days late
2021
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 54 days late
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 159 days late
Show earlier events
2020
31-12
Financial
Equity above €100,000Eq €127,113 ▲28.6%
3 profitable years in a row build equity to €127,113.
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 85 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Owners and holdings
1 ownerOwners 1
- Sourceaccounts FINALAN 202350%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.