Firnass
ActiveSummary
Firnass has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€13,746) and a net result of -€1,951. Equity has been shrinking by about 18% per year since 2018. The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Official details
Source: KBO- Status
- Active since 29-07-1991 Normal situation
- Activity
- “Het aan- en verkopen van vliegtuigen, helikopters en andere toestellen voor de uitvaart zoals…” (deed in Dutch)From the articles, 17 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.054.700.718 8700 Tielt, since 25-10-1991
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.9%
- Gross margin
- -€1,898
- ▲ 23.3%
- Loss
- €1,951
- ▼ 27.6%
- Equity
- -€13,746
- ▼ 16.5%
- Total assets
- €15
- ▲ 843%
- Negative equity on 31-12-2025
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskCapped at 59: negative equityLoss of €1,951, the second in a row (financial year 2025)Negative equity -€13,746lowers riskSize: total assets €15Founded in 1991Show the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 (no NACE code, micro). It does better than 5% of them on solvency, 35% on liquidity, 4% on profitability and 19% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 45 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Change of role: CALLEWAERT Philip, from director to statutory director
- · Gazette deed Incorporation
Key facts about Firnass
- What is the company number of Firnass?
- The company number of Firnass is 0444.803.297. The VAT number is the same number with BE in front: BE 0444.803.297.
- Where is Firnass based?
- The registered office is at Klijtenstraat 63, 8700 Tielt.Company details
- What is the legal form of Firnass?
- The legal form of Firnass is Private limited company (BV).
- When was Firnass founded?
- Firnass was founded on 29-07-1991.
- Is Firnass still active?
- Yes, Firnass is an active enterprise in the KBO register.
- What is the turnover of Firnass?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is Firnass profitable?
- In financial year 2025, Firnass made a loss of €1,951.
- Where can I find the annual accounts of Firnass?
- Firnass filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Firnass due?
- Firnass must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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