FUNCO
ActiveFUNCO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €439k and a net result of €72k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 25.25 against 25.86 in 2024; short-term debt: 4% and cash: 75.1% of total assets), and 4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
96%
Return on assets
15.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
1 d early
2023
on the day
2022
3 d early
2021
2 d early
2020
3 d late
2019
1 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€439k▲ 19.5%
2024 · €368k
2018: €231k
2019: €278k
2020: €213k
2021: €260k
2022: €281k
2023: €322k
2024: €368k
2018 → 2025
Total assets
€458k▲ 19.7%
2024 · €382k
2018: €355k
2019: €376k
2020: €310k
2021: €306k
2022: €344k
2023: €344k
2024: €382k
2018 → 2025
Net result
€72k▲ 58.2%
2024 · €45k
2018: €24k
2019: €47k
2020: €24k
2021: €47k
2022: €48k
2023: €42k
2024: €45k
2018 → 2025
Working capital
€439k▲ 19.7%
2024 · €367k
2018: €207k
2019: €241k
2020: €151k
2021: €207k
2022: €235k
2023: €292k
2024: €367k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€260k-€281k▲ 7.9%€322k▲ 14.7%€368k▲ 14.1%€439k▲ 19.5%
Operating result€73k-€73k▲ 0.7%€63k▼ 13.5%€63k▼ 0.5%€104k▲ 65.5%
Net result€47k-€48k▲ 0.7%€42k▼ 11.3%€45k▲ 7.7%€72k▲ 58.2%
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 66% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €458k
Equity
€439k▲ 19.5%
Debt
€18k▲ 22.7%
The debt ratio rises from 3.9% to 4.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€105k▲
2024 · €68k
Cash flow
€72k▲
2024 · €51k
Solvency
96.0%▼
2024 · 96.1%
Current ratio
25.25▼
2024 · 25.86
Quick ratio
20.39▼
2024 · 20.68
Debt / equity
0.04▲
2024 · 0.04
ROE
16.3%▲
2024 · 12.4%
ROA
15.7%▲
2024 · 11.9%
Interest coverage
247.52▲
2024 · 135.52
Debt
€18k▲
2024 · €15k
Debt ≤ 1 year
€18k▲
2024 · €15k
Income taxes
€34k▲
2024 · €22k
Staff costs
€315▼
2024 · €629
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€382k€458k▲
Fixed assets21/28€622€0▼
Tangible fixed assets22/27€622€0▼
Land and buildings22€0-
Furniture and vehicles24€622€0▼
Current assets29/58€382k€458k▲
Stocks and contracts in progress3€76k€88k▲
Stocks30/36€76k€88k▲
Amounts receivable within one year40/41€24k€25k▲
Trade receivables40€24k€24k=
Other amounts receivable41-€1k
Current investments50/53€0-
Cash at bank and in hand54/58€281k€344k▲
Deferred charges and accrued income490/1€0€426▲
Equity and liabilities
Total equity and liabilities10/49€382k€458k▲
Equity10/15€368k€439k▲
Contributions10/11€32k€32k=
Reserves13€335k€407k▲
Distributable reserves133€335k€407k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€15k€18k▲
Amounts payable within one year42/48€15k€18k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€3k€12k▲
Suppliers440/4€3k€12k▲
Taxes, remuneration and social security45€8k€6k▼
Taxes450/3€8k€6k▼
Other amounts payable47/48€3k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€629€315▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€622▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€28k€0▼
Gross operating margin9900€99k€107k▲
Operating profit (loss)9901€63k€104k▲
Financial income75/76B€5k€2k▼
Recurring financial income75€5k€2k▼
Financial charges65/66B€504€425▼
Recurring financial charges65€504€425▼
Profit (loss) for the period before taxes9903€68k€106k▲
Income taxes67/77€22k€34k▲
Profit (loss) for the period9904€45k€72k▲
Profit (loss) for the period to be appropriated9905€45k€72k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€72k▲
Transfer from equity791/2€0-
Transfer to equity691/2€45k€72k▲
To other reserves6921€45k€72k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (9 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
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €72k ▲58.2%
Operating result €104k, net result €72k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 14.30
Current ratio from 5.18 to 14.30; short-term debt falls from €56k to €22k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 9.61
Current ratio from 3.50 to 9.61; short-term debt falls from €61k to €24k.
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Rijkevorsel · 1 establishment unit since 1990
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.
Dorp 222310 RijkevorselGround area
448 m²
Building footprint
163 m²
Volume, LiDAR
1,196 m³
Parcel 13037H0565/00L000, Flanders · tallest building 13.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FUNCO BVBA
since 19902.047.917.052
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13037H0565/00L000 | Flanders | 448 m² | 1 · 163 m² | 13.8 m · 2 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteRijkevorsel2.047.917.052
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Of 418 companies in sector 47260 we hold annual accounts for 264. 168 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-04-1990
Fiscal year end31-12
Activities, NACEBEL
47260Retail trade
47620Retail trade
47621Retail sale of newspapers and periodicals
52470
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.