FUNCKE EN CO
ActiveFUNCKE EN CO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €165k and a net result of €20k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 83% of 8967 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▲+9
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 6.43 against 7.4 in 2023; short-term debt: 14.9% and cash: 4.6% of total assets), and 14.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
30 d late
2022
68 d late
2021
113 d late
2019
478 d late
2016
141 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€165k▲ 14.0%
2023 · €145k
2019: €119k
2021: €129k
2022: €140k
2023: €145k
2019 → 2024
Total assets
€194k▲ 17.0%
2023 · €166k
2019: €142k
2021: €165k
2022: €188k
2023: €166k
2019 → 2024
Net result
€20k▲ 258%
2023 · €6k
2019: €-5k
2021: €8k
2022: €11k
2023: €6k
2019 → 2024
Working capital
€157k▲ 17.1%
2023 · €134k
2019: €104k
2021: €119k
2022: €125k
2023: €134k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220232024Trend
Equity€119k-€129k▲ 9.0%€140k▲ 8.1%€145k▲ 3.5%€165k▲ 14.0%
Operating result€-4k-€7k€7k▼ 4.9%€20k▲ 180%€25k▲ 27.2%
Net result€-5k-€8k€11k▲ 42.5%€6k▼ 49.8%€20k▲ 258%
Turnover and EBIT margin not published: the 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 27% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €194k
Fixed assets
€8k▼ 23.9%
Current assets
€185k▲ 19.9%
Equity and liabilities €194k
Equity
€165k▲ 14.0%
Debt
€29k▲ 38.0%
The debt ratio rises from 12.6% to 14.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€28k▲
2023 · €24k
Cash flow
€23k▲
2023 · €9k
Solvency
85.1%▼
2023 · 87.4%
Current ratio
6.43▼
2023 · 7.40
Quick ratio
6.43▼
2023 · 7.40
Debt / equity
0.17▲
2023 · 0.14
ROE
12.3%▲
2023 · 3.9%
ROA
10.4%▲
2023 · 3.4%
Interest coverage
161.80▼
2023 · 3309.05
Debt
€29k▲
2023 · €21k
Debt ≤ 1 year
€29k▲
2023 · €21k
Income taxes
€12k▼
2023 · €20k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€166k€194k▲
Fixed assets21/28€11k€8k▼
Tangible fixed assets22/27€8k€5k▼
Furniture and vehicles24€8k€5k▼
Financial fixed assets28€3k€3k=
Current assets29/58€155k€185k▲
Amounts receivable within one year40/41€121k€153k▲
Trade receivables40€895€29k▲
Other amounts receivable41€120k€124k▲
Current investments50/53€18k€23k▲
Cash at bank and in hand54/58€15k€9k▼
Deferred charges and accrued income490/1€746-
Equity and liabilities
Total equity and liabilities10/49€166k€194k▲
Equity10/15€145k€165k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€139k€159k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€18k€18k=
Distributable reserves133€119k€139k▲
Amounts payable17/49€21k€29k▲
Amounts payable within one year42/48€21k€29k▲
Financial debts43€309-
Credit institutions430/8€309-
Trade debts44€8k€8k▲
Suppliers440/4€8k€8k▲
Taxes, remuneration and social security45€12k€21k▲
Taxes450/3€12k€21k▲
Other amounts payable47/48€560-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€584€108▼
Gross operating margin9900€24k€28k▲
Operating profit (loss)9901€20k€25k▲
Financial income75/76B€6k€7k▲
Recurring financial income75€6k€7k▲
Financial charges65/66B€598€171▼
Recurring financial charges65€7€171▲
Non-recurring financial charges66B€591-
Profit (loss) for the period before taxes9903€26k€32k▲
Income taxes67/77€20k€12k▼
Profit (loss) for the period9904€6k€20k▲
Profit (loss) for the period to be appropriated9905€6k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€20k▲
Transfer to equity691/2€5k€20k▲
To other reserves6921€5k€20k▲
Profit to be distributed694/7€800-
Return on contributions (dividend)694€800-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
20-03
State Gazette act
Registered officeGeneral meeting · Registered-office move · Power of attorney4 facts ▸
State Gazette act
Registered office
General meeting · Registered-office move · Power of attorney4 facts ▸
- General meeting, 01/01/2026
- Registered-office move, Zennegatvaart 21WB, 2800 Mechelen
- Power of attorney, BV Taofisc
- Permanent representative, Hans Van Praet
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2019net €20k ▲258%
Operating result €25k, net result €20k, both a record.
31-12
Financial
Equity above €150kEq €165k ▲14%
4 profitable years in a row build equity to €165k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 7.40
Current ratio from 3.61 to 7.40; short-term debt falls from €48k to €21k.
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 68 days late
2022
21-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 113 days late
2021
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
21-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 478 days late
2017
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 141 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
2014
30-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
30-09
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 61 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2003
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
11-02-2003
Resigned as Manager
Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 1999
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.
Zennegatvaart 21WB2800 Mechelen1 establishment unit
Funcke & Co
since 19992.134.535.181
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Of 9,863 companies in sector 73110 we hold annual accounts for 3,754. 2,902 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded29-07-1999
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filings
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.