FNAK
ActiveFNAK has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €74k. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 83% of 6974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 6.97 against 6.11 in 2024; short-term debt: 14% and cash: 73.7% of total assets), and 14% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86%
Return on assets
85.2%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
24 d late
2024
42 d early
2023
54 d early
2022
53 d early
2021
30 d early
2020
54 d early
2019
37 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€74k▲ 15.1%
2024 · €65k
2019: €40k
2020: €72k
2021: €19k
2022: €72k
2023: €67k
2024: €65k
2019 → 2025
Total assets
€87k▲ 12.8%
2024 · €77k
2019: €77k
2020: €101k
2021: €152k
2022: €95k
2023: €79k
2024: €77k
2019 → 2025
Net result
€74k▲ 15.1%
2024 · €64k
2019: €27k
2020: €32k
2021: €38k
2022: €54k
2023: €67k
2024: €64k
2019 → 2025
Working capital
€72k▲ 17.0%
2024 · €62k
2019: €19k
2020: €69k
2021: €16k
2022: €69k
2023: €63k
2024: €62k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€72k▲ 288%€67k▼ 7.7%€65k▼ 2.9%€74k▲ 15.1%
Operating result€48k-€68k▲ 41.2%€85k▲ 24.1%€83k▼ 1.9%€96k▲ 15.5%
Net result€38k-€54k▲ 42.2%€67k▲ 24.4%€64k▼ 3.8%€74k▲ 15.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 15% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €87k
Fixed assets
€2k▼ 26.4%
Current assets
€84k▲ 14.3%
Equity and liabilities €87k
Equity
€74k▲ 15.1%
Debt
€12k▲ 0.3%
The debt ratio falls from 15.8% to 14.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€97k▲
2024 · €84k
Cash flow
€75k▲
2024 · €65k
Solvency
86.0%▲
2024 · 84.2%
Current ratio
6.97▲
2024 · 6.11
Quick ratio
6.97▲
2024 · 6.11
Debt / equity
0.16▼
2024 · 0.19
ROE
99.1%=
2024 · 99.1%
ROA
85.2%▲
2024 · 83.5%
Interest coverage
35.16▼
2024 · 46.95
Debt
€12k▲
2024 · €12k
Debt ≤ 1 year
€12k▲
2024 · €12k
Income taxes
€20k▲
2024 · €17k
Staff costs
€250
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€77k€87k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€0-
Current assets29/58€74k€84k▲
Amounts receivable within one year40/41€21k€16k▼
Trade receivables40€20k€16k▼
Other amounts receivable41€512€511▼
Cash at bank and in hand54/58€53k€64k▲
Deferred charges and accrued income490/1€681€4k▲
Equity and liabilities
Total equity and liabilities10/49€77k€87k▲
Equity10/15€65k€74k▲
Profit (loss) carried forward14€65k€74k▲
Amounts payable17/49€12k€12k▲
Amounts payable within one year42/48€12k€12k▲
Financial debts43€461€48▼
Credit institutions430/8€461€48▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€9k€10k▲
Taxes450/3€9k€10k▲
Other amounts payable47/48€313€144▼
Income statement
Code20242025
Non-recurring operating income76A-€1k
Remuneration, social security and pensions62-€250
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€838€744▼
Other operating charges640/8€1k€922▼
Gross operating margin9900€86k€98k▲
Operating profit (loss)9901€83k€96k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€82k€93k▲
Income taxes67/77€17k€20k▲
Profit (loss) for the period9904€64k€74k▲
Profit (loss) for the period to be appropriated9905€64k€74k▲
Appropriation of the result
Profit (loss) to be appropriated9906€131k€138k▲
Profit (loss) brought forward from the previous period14P€67k€65k▼
Profit to be distributed694/7€66k€64k▼
Return on contributions (dividend)694€66k€64k▼
The notes to these accounts (5 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Highest result since 2019net €74k ▲15.1%
Operating result €96k, net result €74k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 4.04
Current ratio from 1.12 to 4.04; short-term debt falls from €133k to €23k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 3.58
Current ratio from 1.60 to 3.58; short-term debt falls from €32k to €27k.
24-06
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
3 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, Middelkerke · 1 establishment unit since 2019
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.
Havenzijde 928434 MiddelkerkeGround area
252 m²
Building footprint
64 m²
Parcel 35009B0581/00W004, Flanders. Linked by address, not a title deed.
1 establishment unit
FNAK BVBA
since 20192.283.254.591
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35009B0581/00W004 | Flanders | 252 m² | 1 · 64 m² | - |
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.
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Of 13,426 companies in sector 73300 we hold annual accounts for 6,900. 5,608 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-01-2019
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.