FunQ
ActiveFunQ has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €257k and a net result of €47k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 18% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▼-2
Solvency38=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 4.73 against 4.94 in 2024; short-term debt: 10.1% and cash: 7% of total assets), but 87.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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
12.6%
Return on assets
2.3%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 31642 sector peers (2025).
NBB · sector comparisonPosition among 31642 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 09-10-2025, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
20 d early
2023
32 d early
2022
33 d early
2021
25 d early
2020
33 d early
2019
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€257k▲ 22.4%
2024 · €210k
2019: €112k
2020: €160k
2021: €169k
2022: €158k
2023: €191k
2024: €210k
2019 → 2025
Total assets
€2.04M▲ 22.5%
2024 · €1.66M
2019: €1.17M
2020: €1.17M
2021: €1.42M
2022: €1.30M
2023: €1.23M
2024: €1.66M
2019 → 2025
Net result
€47k▲ 134%
2024 · €20k
2019: €66k
2020: €74k
2021: €9k
2022: €9k
2023: €34k
2024: €20k
2019 → 2025
Working capital
€768k▲ 34.8%
2024 · €570k
2019: €306k
2020: €320k
2021: €479k
2022: €395k
2023: €374k
2024: €570k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€169k-€158k▼ 6.5%€191k▲ 21.2%€210k▲ 9.5%€257k▲ 22.4%
Operating result€29k-€29k▲ 1.6%€64k▲ 117%€36k▼ 43.0%€80k▲ 121%
Net result€9k-€9k▲ 6.7%€34k▲ 263%€20k▼ 40.0%€47k▲ 134%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 121% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.04M
Fixed assets
€1.06M▲ 12.1%
Current assets
€974k▲ 36.3%
Equity and liabilities €2.04M
Equity
€257k▲ 22.4%
Provisions
€11k▲ 58.1%
Debt
€1.77M▲ 22.4%
The debt ratio falls from 87.0% to 86.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€195k▲
2024 · €141k
Cash flow
€162k▲
2024 · €125k
Solvency
12.6%▼
2024 · 12.6%
Current ratio
4.73▼
2024 · 4.94
Quick ratio
4.73▼
2024 · 4.94
Debt / equity
6.90=
2024 · 6.90
ROE
18.3%▲
2024 · 9.6%
ROA
2.3%▲
2024 · 1.2%
Interest coverage
5.24▼
2024 · 5.63
Debt
€1.77M▲
2024 · €1.45M
Debt ≤ 1 year
€206k▲
2024 · €145k
Debt > 1 year
€1.57M▲
2024 · €1.30M
Income taxes
€13k▲
2024 · €8k
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€1.66M€2.04M▲
Fixed assets21/28€949k€1.06M▲
Tangible fixed assets22/27€949k€1.06M▲
Land and buildings22€898k€1.02M▲
Plant, machinery and equipment23€29k€19k▼
Furniture and vehicles24€22k€23k▲
Other tangible fixed assets26-€3k
Financial fixed assets28-€225
Current assets29/58€715k€974k▲
Amounts receivable after more than one year29€511k€704k▲
Other amounts receivable291€511k€704k▲
Amounts receivable within one year40/41€58k€68k▲
Trade receivables40€10k€2k▼
Other amounts receivable41€48k€66k▲
Current investments50/53€50k€50k=
Cash at bank and in hand54/58€79k€142k▲
Deferred charges and accrued income490/1€16k€11k▼
Equity and liabilities
Total equity and liabilities10/49€1.66M€2.04M▲
Equity10/15€210k€257k▲
Contributions10/11€19k€19k=
Reserves13€191k€238k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€26k€42k▲
Distributable reserves133€163k€194k▲
Provisions and deferred taxes16€7k€11k▲
Deferred taxes168€7k€11k▲
Amounts payable17/49€1.45M€1.77M▲
Amounts payable after more than one year17€1.30M€1.57M▲
Financial debts170/4€1.30M€1.57M▲
Amounts payable within one year42/48€145k€206k▲
Current portion of amounts payable after more than one year42€102k€128k▲
Trade debts44€15k€35k▲
Suppliers440/4€15k€35k▲
Advances received on contracts in progress46€1k€0▼
Taxes, remuneration and social security45€23k€43k▲
Taxes450/3€23k€43k▲
Other amounts payable47/48€3k€510▼
Accrued charges and deferred income492/3€8k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€26k
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105k€115k▲
Other operating charges640/8€10k€10k▲
Gross operating margin9900€151k€206k▲
Operating profit (loss)9901€36k€80k▲
Financial income75/76B€14k€20k▲
Recurring financial income75€14k€20k▲
Financial charges65/66B€25k€37k▲
Recurring financial charges65€25k€37k▲
Profit (loss) for the period before taxes9903€26k€63k▲
Transfer from deferred taxes780€2k€541▼
Transfer to deferred taxes680-€4k
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€20k€47k▲
Transfer from tax-exempt reserves789-€2k
Transfer to tax-exempt reserves689-€18k
Profit (loss) for the period to be appropriated9905€20k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€31k▲
Transfer to equity691/2€20k€31k▲
To other reserves6921€20k€31k▲
The notes to these accounts (19 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
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Equity above €200kEq €210k ▲9.5%
6 profitable years in a row build equity to €210k.
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
06-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Weakest financial yearnet €9k ▼88.3%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Highest result since 2019net €74k ▲11.5%
Operating result €118k, net result €74k, both a record.
31-03
Financial
Equity above €150kEq €160k ▲42.6%
2 profitable years in a row build equity to €160k.
2019
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
13-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
15-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Koksijde · 1 establishment unit since 2008
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.
Willem Elsschotlaan(Kok) 248670 KoksijdeGround area
4,088 m²
Building footprint
2,470 m²
Volume, LiDAR
37,745 m³
2 parcels, Flanders · tallest building 20.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Stasegemsestraat(Kor) 131, 8500 Kortrijk
since 20082.192.123.487
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0085/00X032 | Flanders | 3,485 m² | 1 · 2,352 m² | 20.8 m · 5 fl. |
| 38343A0564/00S000 | Flanders | 603 m² | 1 · 117 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
YTREZA
BE 0775.929.625
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The Legal Trap
BE 0726.514.360
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X - TENSION
BE 0466.373.129
Gent · Eq €257k
Nicolas Van Houtryve
BE 0561.849.635
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Bauwens Consulting
BE 0785.912.905
Gent · Eq €257k
Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 38,827 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-09-2008
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68110Buying and selling of own real estate
69101Activities of lawyers
69109Other legal services
90201Performing arts by independent artists
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.