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FUNZER

Active
Private limited companyfounded 2022active for 3 yearsSprietstraat 3, 8890 Moorslede, BelgiumKBO/BCE: BE 0793.486.229
Summary

FUNZER has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €352,274 and a net result of €7,246. Equity remains stable across the filed financial years (±0% per year). The computed 12-month bankruptcy probability is 0.6% (low).

Financials · financial year 2025, micro format

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

2023 to 2025, 3 financial years

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.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€7,309 2025 Net result€7,246 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial 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 format does not require them.
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 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94.4% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.3% went bankrupt
3.2% stopped otherwise
94.4% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 2,546 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-
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-
Profit (loss) for the period9904-€54,050-€6,922€7,246-
Profit (loss) for the period to be appropriated9905-€54,050-€6,922€7,246-
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-
+ 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-
Change in cash--€500€450-

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

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 micro format 09-07-2026 2026-00274052
31-12-2024 micro format 29-08-2025 2025-00438861
31-12-2023 micro format 28-08-2024 2024-00386884

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.