FUNALYTICS
ActiveSummary
FUNALYTICS has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144,015 and a net result of €10,888. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 67% of 11,191 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €144,015
- Profit
- €10,888
Why 92raises riskLast filed accounts filed 33 days late; 2 of the last 3 latelowers riskFounded in 1990Liquidity: current ratio 1.07, cash €32,099Legal form: public limited companyShow the evidence
Checked score
About 1 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 68, micro): better than 66% on solvency, 71% on liquidity, 46% on profitability and 59% on growth.
The bankruptcy probability was computed on 26-10-2026 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 7 accounts on average 42 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (33 days) Filed on 2 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00509553.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 1% 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 68, Real estate 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 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 20 years or older
- 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 bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 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 17,042 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,855 | €15,167 | €12,992 | €10,976 | €12,753 | €13,577 | €9,911 | €10,757 | ▲ 8.5% |
| Other operating charges640/8 | - | - | - | €3,723 | €4,704 | €4,277 | €4,564 | €3,866 | ▼ 15.3% |
| Gross operating margin9900 | €26,858 | €24,096 | €54,633 | €62,277 | €46,772 | €39,510 | €36,602 | €36,467 | ▼ 0.4% |
| Operating profit (loss)9901 | €4,665 | €5,248 | €32,696 | €47,577 | €29,315 | €21,657 | €22,126 | €21,843 | ▼ 1.3% |
| Financial income75/76B | - | - | - | - | €66 | €76 | €115 | €1 | ▼ 99.5% |
| Recurring financial income75 | €138 | €21 | €231 | - | €66 | €76 | €115 | €1 | ▼ 99.5% |
| Financial charges65/66B | - | - | - | €7,352 | €6,016 | €7,246 | €4,979 | €8,399 | ▲ 68.7% |
| Recurring financial charges65 | €1,642 | €2,451 | €2,955 | €7,352 | €6,016 | €7,246 | €4,979 | €8,399 | ▲ 68.7% |
| Profit (loss) for the period before taxes9903 | €3,161 | €2,818 | €29,973 | €40,225 | €23,365 | €14,486 | €17,262 | €13,445 | ▼ 22.1% |
| Income taxes67/77 | €761 | €726 | €252 | €543 | €557 | €2,783 | €4,510 | €2,556 | ▼ 43.3% |
| Profit (loss) for the period9904 | €2,400 | €2,092 | €29,721 | €39,681 | €22,808 | €11,703 | €12,752 | €10,888 | ▼ 14.6% |
| Profit (loss) for the period to be appropriated9905 | €2,400 | €2,092 | €29,721 | €39,681 | €22,808 | €11,703 | €12,752 | €10,888 | ▼ 14.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €168,703 | €151,053 | €267,890 | €272,805 | €305,827 | €284,619 | €287,333 | €274,742 | ▼ 4.4% |
| Fixed assets21/28 | €150,422 | €137,179 | €260,430 | €251,707 | €252,525 | €240,022 | €227,678 | €220,438 | ▼ 3.2% |
| Tangible fixed assets22/27 | €148,682 | €135,439 | €258,691 | €249,968 | €250,786 | €238,282 | €225,938 | €218,698 | ▼ 3.2% |
| Land and buildings22 | - | - | - | €240,450 | €232,609 | €225,352 | €218,294 | €211,236 | ▼ 3.2% |
| Furniture and vehicles24 | - | - | - | €869 | €10,980 | €7,566 | €4,111 | €5,762 | ▲ 40.1% |
| Other tangible fixed assets26 | - | - | - | €8,648 | €7,197 | €5,365 | €3,533 | €1,701 | ▼ 51.9% |
| Financial fixed assets28 | €1,740 | €1,740 | €1,740 | €1,740 | €1,740 | €1,740 | €1,740 | €1,740 | = |
| Current assets29/58 | €18,281 | €13,874 | €7,460 | €21,098 | €53,302 | €44,597 | €59,655 | €54,304 | ▼ 9.0% |
| Amounts receivable within one year40/41 | €12,597 | €5,458 | €3,946 | €2,201 | €32,816 | €14,577 | €7,188 | €8,625 | ▲ 20.0% |
| Trade receivables40 | - | - | - | €718 | €30,098 | €8,967 | €1,184 | - | - |
| Other amounts receivable41 | - | - | - | €1,482 | €2,718 | €5,610 | €6,004 | €8,625 | ▲ 43.7% |
| Cash at bank and in hand54/58 | €4,480 | €7,237 | €3,098 | €18,531 | €19,523 | €19,738 | €45,483 | €32,099 | ▼ 29.4% |
| Deferred charges and accrued income490/1 | - | - | - | €366 | €963 | €10,281 | €6,984 | €13,581 | ▲ 94.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €168,703 | €151,053 | €267,890 | €272,805 | €305,827 | €284,619 | €287,333 | €274,742 | ▼ 4.4% |
| Equity10/15 | €25,369 | €27,461 | €57,182 | €96,863 | €119,672 | €128,375 | €137,127 | €144,015 | ▲ 5.0% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€42,831 | -€40,739 | -€11,018 | €28,663 | €51,472 | €60,175 | €68,927 | €75,815 | ▲ 10.0% |
| Amounts payable17/49 | €143,334 | €123,592 | €210,708 | €175,942 | €186,156 | €156,244 | €150,206 | €130,727 | ▼ 13.0% |
| Amounts payable after more than one year17 | €5,555 | €3,018 | €118,510 | €110,985 | €102,010 | €94,135 | €86,151 | €78,057 | ▼ 9.4% |
| Financial debts170/4 | - | - | - | €110,985 | €102,010 | €94,135 | €86,151 | €78,057 | ▼ 9.4% |
| Amounts payable within one year42/48 | €136,702 | €119,445 | €90,585 | €62,183 | €82,448 | €61,006 | €62,277 | €50,707 | ▼ 18.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,891 | €7,768 | €7,875 | €7,984 | €8,201 | ▲ 2.7% |
| Trade debts44 | €571 | €848 | - | €427 | €18,828 | €8,338 | €6,584 | €3,181 | ▼ 51.7% |
| Suppliers440/4 | - | - | - | €427 | €18,828 | €8,338 | €6,584 | €3,181 | ▼ 51.7% |
| Taxes, remuneration and social security45 | - | - | - | €543 | €557 | €5,183 | €12,293 | €10,516 | ▼ 14.5% |
| Taxes450/3 | - | - | - | €543 | €557 | €5,183 | €9,993 | €10,516 | ▲ 5.2% |
| Remuneration and social security454/9 | - | - | - | - | - | - | €2,300 | - | - |
| Other amounts payable47/48 | - | - | - | €54,322 | €55,295 | €39,609 | €35,416 | €28,808 | ▼ 18.7% |
| Accrued charges and deferred income492/3 | - | - | - | €2,773 | €1,697 | €1,102 | €1,779 | €1,964 | ▲ 10.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,400 | €2,092 | €29,721 | €39,681 | €22,808 | €11,703 | €12,752 | €10,888 | ▼ 14.6% |
| + Depreciation and write-downs630 | €14,855 | €15,167 | €12,992 | €10,976 | €12,753 | €13,577 | €9,911 | €10,757 | ▲ 8.5% |
| Operating cash flow (approximation) | €17,255 | €17,260 | €42,712 | €50,658 | €35,561 | €25,280 | €22,663 | €21,646 | ▼ 4.5% |
| Investment in fixed assets (approximation) | - | -€1,925 | -€136,243 | -€2,253 | -€13,571 | -€1,074 | €2,433 | -€3,518 | - |
| Change in cash | - | €2,757 | -€4,140 | €15,433 | €992 | €215 | €25,745 | -€13,384 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 02-09-2026 | 2026-00509553 |
| 31-12-2024 | micro format | 20-08-2025 | 2025-00394492 |
| 31-12-2023 | micro format | 03-10-2024 | 2024-00492252 |
| 31-12-2022 | micro format | 24-08-2023 | 2023-00349562 |
| 31-12-2021 | micro format | 02-09-2022 | 2022-20402739 |
| 31-12-2020 | micro format | 28-10-2021 | 2021-74000552 |
| 31-12-2019 | micro format | 28-08-2020 | 2020-47400565 |
| 31-12-2018 | micro format | 01-07-2019 | 2019-26000245 |
| 31-12-2017 | micro format | 30-08-2018 | 2018-56500082 |
| 31-12-2016 | micro format | 27-06-2017 | 2017-23300160 |
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
Owners and capital
Capital and shareholders
- 19-12-2023 Capital stated in the deed · €62,000 · 1,300 shares
Group and network
Connections & network
No directors read yet: 1 of 7 Gazette acts processed.
History
Acts, filings and financial milestones
19-12
Gazette deed
Amendment of the articles · NameName change · Capital · Registered office clause7 facts ▸
- General meeting, “ASSEMBLEE GENERALE EXTRAORDINAIRE” (deed in French)
- Amendment of the articles (2 times)
- Name change
- Capital, €62,000
- Registered office clause, “4100 Seraing, rue Naviron”, 15, “QUATRIEME RESOLUTION fixe adresse siège” (deed in French)
- Other provision, “site internet et adresse électronique, CINQUIEME RESOLUTION déclare” (deed in French)
- Other provision, “unanimité votes, toutes décisions prises unanimité voix” (deed in French)
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62358H0110/00E112 | Wallonia | 820 m² | 1 · 161 m² | 6.0 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes transactions et affaires immobilières généralement quelconques et notamment l'achat,la construction,l'aménagement,la transformation…” (deed in French)
4 activities (deed in French)
- Toutes transactions et affaires immobilières généralement quelconques et notamment l'achat,la construction,l'aménagement,la transformation de tous immeubles en vue de leur location ou mise en vente ;
- La gestion et l'administration de tous biens meubles ou immeubles généralement quelconques ;
- Le conseil,l’assistance ainsi que la fourniture de services à toute personne et ce plus principalement dans les domaines administratifs,financiers,juridiques et immobiliers ;
- Le conseil,l’assistance ainsi que la fourniture de tout service généralement quelconque dans tout ce qui se rattache de près ou de loin à l’informatique et aux différents domaines apparentés ou qui en dépendent.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FUNALYTICS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, établir ou supprimer des sièges administratifs,agences,ateliers,dépôts et succursales tant en Belgique qu’à l’étranger” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Conseil, six ans au plus” (deed in French)“Administrateur, sauf décision contraire de assemblée générale” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, tout actionnaire peut prendre connaissance” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Actions” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Comme en matière de modification aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Organe administration en fonction comme collège liquidateurs, assemblée décide seuls conjointement ou collégialement” (deed in French)1 more provision on this in the deed