FUNERARIA
ActiveSummary
FUNERARIA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€236,398) and a net result of -€49,660. Equity is shrinking by ~44.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 5587 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 8 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
61 d late
2022
29 d late
2021
26 d late
2020
30 d late
2019
21 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€236,398▼ 26.6%
2024 · -€186,738
Net result
-€49,660▼ 15.4%
2024 · -€43,039
Total assets
€540,177▼ 0.4%
2024 · €542,529
Solvency
-43.8%▼ 9.3pp
2024 · -34.4%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€44,198▲ 34.7%-€20,638▲ 53.3%-€53,189▼ 158%-€41,931▲ 21.2%-€48,777▼ 16.3%
Net result-€46,045below the sector's middle half▲ 34.2%-€22,211below the sector's middle half▲ 51.8%-€58,789below the sector's middle half▼ 165%-€43,039below the sector's middle half▲ 26.8%-€49,660below the sector's middle half▼ 15.4%
Equity-€62,699below the sector's middle half▼ 276%-€84,910below the sector's middle half▼ 35.4%-€143,699below the sector's middle half▼ 69.2%-€186,738below the sector's middle half▼ 30.0%-€236,398below the sector's middle half▼ 26.6%
Total assets€551,054within the sector's middle half▲ 1.6%€565,747within the sector's middle half▲ 2.7%€539,433within the sector's middle half▼ 4.7%€542,529within the sector's middle half▲ 0.6%€540,177below the sector's middle half▼ 0.4%
Debt€613,753▲ 9.8%€650,657▲ 6.0%€683,132▲ 5.0%€729,267▲ 6.8%€776,575▲ 6.5%
Working capital-€554,008below the sector's middle half▼ 10.9%-€576,051below the sector's middle half▼ 4.0%-€637,318below the sector's middle half▼ 10.6%-€682,943below the sector's middle half▼ 7.2%-€735,716below the sector's middle half▼ 7.7%
Solvency-11.4%below the sector's middle half▼ 8.3pp-15.0%below the sector's middle half▼ 3.6pp-26.6%below the sector's middle half▼ 11.6pp-34.4%below the sector's middle half▼ 7.8pp-43.8%below the sector's middle half▼ 9.3pp
Current ratio0.06below the sector's middle half▲ 0.020.09below the sector's middle half▲ 0.030.05below the sector's middle half▼ 0.040.05below the sector's middle half=0.05below the sector's middle half=
Return on assets (ROA)-8.4%below the sector's middle half▲ 4.5pp-3.9%below the sector's middle half▲ 4.4pp-10.9%below the sector's middle half▼ 7.0pp-7.9%below the sector's middle half▲ 3.0pp-9.2%below the sector's middle half▼ 1.3pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €48,777 in 2025 against €41,931 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €540,177
Fixed assets
€503,796 ▼ 0.2%
Current assets
€36,380 ▼ 2.9%
Key figures and ratios
Debt ≤ 1 year
€772,096▲
2024 · €720,423
Debt > 1 year
€4,479▼
2024 · €8,844
Income taxes
€536▼
2024 · €652
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,037 | €9,292 | €1,668 | €1,668 | €1,252 | ▼ 24.9% |
| Gross operating margin9900 | -€33,162 | -€11,347 | -€51,521 | -€40,264 | -€47,524 | ▼ 18.0% |
| Operating profit (loss)9901 | -€44,198 | -€20,638 | -€53,189 | -€41,931 | -€48,777 | ▼ 16.3% |
| Financial income75/76B | €10 | - | - | - | - | - |
| Recurring financial income75 | €10 | - | - | - | - | - |
| Financial charges65/66B | €1,358 | €943 | €4,634 | €455 | €347 | ▼ 23.7% |
| Recurring financial charges65 | €1,358 | €943 | €4,634 | €455 | €347 | ▼ 23.7% |
| Profit (loss) for the period before taxes9903 | -€45,547 | -€21,581 | -€57,823 | -€42,387 | -€49,124 | ▼ 15.9% |
| Income taxes67/77 | €498 | €630 | €966 | €652 | €536 | ▼ 17.8% |
| Profit (loss) for the period9904 | -€46,045 | -€22,211 | -€58,789 | -€43,039 | -€49,660 | ▼ 15.4% |
| Profit (loss) for the period to be appropriated9905 | -€46,045 | -€22,211 | -€58,789 | -€43,039 | -€49,660 | ▼ 15.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €551,054 | €565,747 | €539,433 | €542,529 | €540,177 | ▼ 0.4% |
| Fixed assets21/28 | €517,676 | €508,384 | €506,716 | €505,049 | €503,796 | ▼ 0.2% |
| Tangible fixed assets22/27 | €14,676 | €5,384 | €3,716 | €2,049 | €796 | ▼ 61.1% |
| Plant, machinery and equipment23 | €7,052 | €5,384 | €3,716 | €2,049 | €796 | ▼ 61.1% |
| Leasing and similar rights25 | €7,624 | - | - | - | - | - |
| Financial fixed assets28 | €503,000 | €503,000 | €503,000 | €503,000 | €503,000 | = |
| Current assets29/58 | €33,379 | €57,363 | €32,717 | €37,480 | €36,380 | ▼ 2.9% |
| Amounts receivable within one year40/41 | €31,275 | €56,366 | €31,200 | €31,306 | €31,200 | ▼ 0.3% |
| Trade receivables40 | €31,200 | €31,200 | €31,200 | €31,200 | €31,200 | = |
| Other amounts receivable41 | €75 | €25,166 | - | €106 | - | - |
| Cash at bank and in hand54/58 | €2,103 | €997 | €1,517 | €6,174 | €4,360 | ▼ 29.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | €820 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €551,054 | €565,747 | €539,433 | €542,529 | €540,177 | ▼ 0.4% |
| Equity10/15 | -€62,699 | -€84,910 | -€143,699 | -€186,738 | -€236,398 | ▼ 26.6% |
| Contributions10/11 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Capital10 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Issued capital100 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Profit (loss) carried forward14 | -€262,699 | -€284,910 | -€343,699 | -€386,738 | -€436,398 | ▼ 12.8% |
| Amounts payable17/49 | €613,753 | €650,657 | €683,132 | €729,267 | €776,575 | ▲ 6.5% |
| Amounts payable after more than one year17 | €26,367 | €17,244 | €13,098 | €8,844 | €4,479 | ▼ 49.4% |
| Financial debts170/4 | €26,367 | €17,244 | €13,098 | €8,844 | €4,479 | ▼ 49.4% |
| Amounts payable within one year42/48 | €587,386 | €633,413 | €670,034 | €720,423 | €772,096 | ▲ 7.2% |
| Current portion of amounts payable after more than one year42 | €13,566 | €7,809 | €4,146 | €4,254 | €4,365 | ▲ 2.6% |
| Trade debts44 | €22,531 | €21,793 | €15,833 | €15,076 | €14,808 | ▼ 1.8% |
| Suppliers440/4 | €22,531 | €21,793 | €15,833 | €15,076 | €14,808 | ▼ 1.8% |
| Taxes, remuneration and social security45 | €809 | €5,113 | €1,329 | €1,448 | €1,246 | ▼ 14.0% |
| Taxes450/3 | €809 | €5,113 | €1,329 | €1,448 | €1,246 | ▼ 14.0% |
| Other amounts payable47/48 | €550,481 | €598,699 | €648,727 | €699,645 | €751,677 | ▲ 7.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€46,045 | -€22,211 | -€58,789 | -€43,039 | -€49,660 | ▼ 15.4% |
| + Depreciation and write-downs630 | €11,037 | €9,292 | €1,668 | €1,668 | €1,252 | ▼ 24.9% |
| Operating cash flow (approximation) | -€35,008 | -€12,920 | -€57,121 | -€41,371 | -€48,408 | ▼ 17.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€1,106 | €519 | €4,658 | -€1,814 | ▼ 139% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 21 days late
2019
31-12
Financial
Weakest financial yearnet -€79,920
Net result drops to -€79,920, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Waterloo · 1 establishment unit since 2017
Ground area
1,202 m²
Building footprint
202 m²
Volume, LiDAR
1,382 m³
Parcel 25763L0130/00D002, Wallonia · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue Lord Uxbridge 4, 1410 Waterloo
since 20172.269.177.616
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763L0130/00D002 | Wallonia | 1,202 m² | 1 · 201 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
- Sourceown accounts 2025Equity -€396,893Result €96,98424%
According to the 2025 annual accounts of FUNERARIA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 10,616 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-09-2017
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0680971177
Also
9925:BE0680971177
Registered
17-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.