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FUNZER

Active
Private limited companyfounded 20223 yrs activeSprietstraat 3, 8890 Moorslede, BelgiumKBO/BCE: BE 0793.486.229
Summary

The computed 12-month bankruptcy probability of FUNZER is 2.3% (moderate). The 2025 annual accounts show equity of €352,274 and a net result of €7,246. Equity remains stable across the filed fiscal years (±0% per year). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability71▲+5
Solvency100=
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity ample (current ratio 3.79 against 1.41 in 2024; short-term debt: 1.9% and cash: 0.1% of total assets), and 1.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
98.1%
Return on assets
2%
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 09-07-2026, 22 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
22 d early
2024
29 d late
2023
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 12 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 29 August (3 of the last 3 filed years within 51 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 10 November 2022, FUNZER was incorporated as a Private limited company.1 Total assets went from EUR 360,427 in 2023 to EUR 359,104 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€352,274▲ 2.1%
2024 · €345,028
Total assets
€359,104▲ 0.4%
2024 · €357,782
Net result
€7,246
2024 · -€6,922
Working capital
€19,042▲ 268%
2024 · €5,171
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€53,653--€6,932▲ 87.1%€7,309
Net result-€54,050--€6,922▲ 87.2%€7,246
Equity€351,950-€345,028▼ 2.0%€352,274▲ 2.1%
Total assets€360,427-€357,782▼ 0.7%€359,104▲ 0.4%
Debt€8,477-€12,754▲ 50.5%€6,830▼ 46.4%
Working capital€4,418-€5,171▲ 17.1%€19,042▲ 268%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0Operating result 2023: -€53,653-€53,653Net result 2023: -€54,050-€54,050Operating result 2024: -€6,932-€6,932Net result 2024: -€6,922-€6,922Operating result 2025: €7,309€7,309Net result 2025: €7,246€7,246202320242025-€60,000-€40,000-€20,000€0Operating result 2023: -€53,653-€53,700Net result 2023: -€54,050-€54,000Operating result 2024: -€6,932-€6,930Net result 2024: -€6,922-€6,920Operating result 2025: €7,309€7,310Net result 2025: €7,246€7,250202320242025
The operating result returns to profit in 2025: €7,309 after a loss of €6,932 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €359,104
Fixed assets €333,232 ▼ 1.9%
Current assets €25,871 ▲ 44.3%
Equity and liabilities €359,104
Equity €352,274 ▲ 2.1%
Debt €6,830 ▼ 46.4%
Debt's share of the balance-sheet total falls from 3.6% to 1.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€13,934▲
2024 · €4,395
Cash flow
€13,871▲
2024 · €4,405
Current ratio
3.79▲
2024 · 1.41
Debt to equity
0.02▼
2024 · 0.04
ROE
2.1%▲
2024 · -2.0%
ROA
2.0%▲
2024 · -1.9%
Interest coverage
53.39▲
2024 · 42.55
Debt ≤ 1 year
€6,830▼
2024 · €12,754
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,549 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
1.8% went bankrupt
3.1% stopped otherwise
94% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,549 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€357,782€359,104▲
Fixed assets21/28€339,857€333,232▼
Tangible fixed assets22/27€339,857€333,232▼
Land and buildings22€339,567€333,136▼
Furniture and vehicles24€291€96▼
Current assets29/58€17,924€25,871▲
Amounts receivable within one year40/41€16,130€24,378▲
Trade receivables40€0-
Other amounts receivable41€16,130€24,378▲
Cash at bank and in hand54/58€18€468▲
Deferred charges and accrued income490/1€1,776€1,025▼
Equity and liabilities
Total equity and liabilities10/49€357,782€359,104▲
Equity10/15€345,028€352,274▲
Contributions10/11€406,000€406,000=
Profit (loss) carried forward14-€60,972-€53,726▲
Amounts payable17/49€12,754€6,830▼
Amounts payable within one year42/48€12,754€6,830▼
Trade debts44€207€733▲
Suppliers440/4€207€733▲
Other amounts payable47/48€12,546€6,096▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,327€6,625▼
Other operating charges640/8€1,226€1,262▲
Gross operating margin9900€5,621€15,196▲
Operating profit (loss)9901-€6,932€7,309▲
Financial income75/76B€113€198▲
Recurring financial income75€113€198▲
Financial charges65/66B€103€261▲
Recurring financial charges65€103€261▲
Profit (loss) for the period before taxes9903-€6,922€7,246▲
Profit (loss) for the period9904-€6,922€7,246▲
Profit (loss) for the period to be appropriated9905-€6,922€7,246▲
Appropriation of the result
Profit (loss) to be appropriated9906-€60,972-€53,726▲
Profit (loss) brought forward from the previous period14P-€54,050-€60,972▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59,738€11,327€6,625▼ 41.5%
Other operating charges640/8€1,696€1,226€1,262▲ 3.0%
Gross operating margin9900€7,781€5,621€15,196▲ 170%
Operating profit (loss)9901-€53,653-€6,932€7,309▲ 205%
Financial income75/76B-€113€198▲ 75.0%
Recurring financial income75-€113€198▲ 75.0%
Financial charges65/66B€396€103€261▲ 153%
Recurring financial charges65€396€103€261▲ 153%
Profit (loss) for the period before taxes9903-€54,050-€6,922€7,246▲ 205%
Profit (loss) for the period9904-€54,050-€6,922€7,246▲ 205%
Profit (loss) for the period to be appropriated9905-€54,050-€6,922€7,246▲ 205%
Line202320242025Change
Assets
Total assets20/58€360,427€357,782€359,104▲ 0.4%
Fixed assets21/28€347,533€339,857€333,232▼ 1.9%
Tangible fixed assets22/27€347,533€339,857€333,232▼ 1.9%
Land and buildings22€346,909€339,567€333,136▼ 1.9%
Furniture and vehicles24€624€291€96▼ 66.9%
Current assets29/58€12,894€17,924€25,871▲ 44.3%
Amounts receivable within one year40/41€3,445€16,130€24,378▲ 51.1%
Trade receivables40€3,445€0--
Other amounts receivable41-€16,130€24,378▲ 51.1%
Cash at bank and in hand54/58€519€18€468▲ 2,470%
Deferred charges and accrued income490/1€8,931€1,776€1,025▼ 42.3%
Equity and liabilities
Total equity and liabilities10/49€360,427€357,782€359,104▲ 0.4%
Equity10/15€351,950€345,028€352,274▲ 2.1%
Contributions10/11€406,000€406,000€406,000=
Profit (loss) carried forward14-€54,050-€60,972-€53,726▲ 11.9%
Amounts payable17/49€8,477€12,754€6,830▼ 46.4%
Amounts payable within one year42/48€8,477€12,754€6,830▼ 46.4%
Trade debts44€499€207€733▲ 254%
Suppliers440/4€499€207€733▲ 254%
Other amounts payable47/48€7,977€12,546€6,096▼ 51.4%
Line202320242025Change
Profit (loss) for the period9904-€54,050-€6,922€7,246▲ 205%
+ Depreciation and write-downs630€59,738€11,327€6,625▼ 41.5%
Operating cash flow (approximation)€5,688€4,405€13,871▲ 215%
Investment in fixed assets (approximation)--€3,652€0▲ 100%
Change in cash--€500€450▲ 190%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €7,246
Net result €7,246 after 2 loss-making years.
31-12
Financial Liquidity triplescurrent ratio 3.79
Current ratio from 1.41 to 3.79; short-term debt falls from €12,754 to €6,830.
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Moorslede · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
9,575 m²
Building footprint
154 m²
Volume, LiDAR
876 m³
Parcel 36012C0738/00H000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
FUNZER
Sprietstraat 3, 8890 MoorsledeHoldings
since 20222.341.414.110
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36012C0738/00H000 Flanders 9,575 m² 1 · 154 m² 9.7 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded10-11-2022
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0793486229
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.