Fyn
ActiveThe computed 12-month bankruptcy probability of Fyn is 1.8% (moderate). The 2024 annual accounts show equity of €45k and a net result of €10k. Equity is growing by ~37.1% per year across the filed fiscal years. Its solvency ranks better than 35% of 26056 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency10▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity short (current ratio 0.39 against 0.32 in 2023), and 84.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
15.5%
Return on assets
3.4%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
28 d late
2022
31 d late
2021
39 d late
2020
27 d late
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€45k▲ 27.8%
2023 · €35k
2019: €7k
2020: €11k
2021: €21k
2022: €20k
2023: €35k
2019 → 2024
Total assets
€289k▼ 4.4%
2023 · €303k
2019: €361k
2020: €365k
2021: €346k
2022: €324k
2023: €303k
2019 → 2024
Net result
€10k▼ 34.5%
2023 · €15k
2019: €305
2020: €4k
2021: €11k
2022: €-998
2023: €15k
2019 → 2024
Working capital
€-19k▲ 1.5%
2023 · €-19k
2019: €-19k
2020: €-20k
2021: €-19k
2022: €-28k
2023: €-19k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€11k-€21k▲ 102%€20k▼ 4.7%€35k▲ 73.8%€45k▲ 27.8%
Operating result€12k-€19k▲ 62.8%€4k▼ 81.3%€27k▲ 634%€18k▼ 31.9%
Net result€4k-€11k▲ 168%€-998€15k€10k▼ 34.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 32% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €289k
Fixed assets
€277k▼ 5.6%
Current assets
€12k▲ 32.6%
Equity and liabilities €289k
Equity
€45k▲ 27.8%
Debt
€244k▼ 8.7%
The debt ratio falls from 88.4% to 84.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€34k▼
2023 · €43k
Cash flow
€26k▼
2023 · €31k
Solvency
15.5%▲
2023 · 11.6%
Current ratio
0.39▲
2023 · 0.32
Quick ratio
0.39▲
2023 · 0.32
Debt / equity
5.44▼
2023 · 7.61
ROE
21.8%▼
2023 · 42.5%
ROA
3.4%▼
2023 · 4.9%
Interest coverage
7.78▼
2023 · 9.17
Debt
€244k▼
2023 · €268k
Debt ≤ 1 year
€31k▲
2023 · €29k
Debt > 1 year
€213k▼
2023 · €238k
Income taxes
€4k▼
2023 · €7k
Staff costs
€92=
2023 · €92
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€303k€289k▼
Fixed assets21/28€294k€277k▼
Tangible fixed assets22/27€294k€277k▼
Land and buildings22€294k€277k▼
Current assets29/58€9k€12k▲
Amounts receivable within one year40/41€5k€9k▲
Trade receivables40€5k€6k▲
Other amounts receivable41€14€3k▲
Cash at bank and in hand54/58€3k€3k▼
Deferred charges and accrued income490/1€490€791▲
Equity and liabilities
Total equity and liabilities10/49€303k€289k▼
Equity10/15€35k€45k▲
Contributions10/11€6k€6k=
Reserves13€30k€40k▲
Distributable reserves133€30k€40k▲
Profit (loss) carried forward14€-998€-998=
Amounts payable17/49€268k€244k▼
Amounts payable after more than one year17€238k€213k▼
Financial debts170/4€238k€213k▼
Amounts payable within one year42/48€29k€31k▲
Current portion of amounts payable after more than one year42€24k€25k▲
Financial debts43-€5k
Credit institutions430/8-€5k
Advances received on contracts in progress46€2k€2k=
Taxes, remuneration and social security45€813-
Taxes450/3€813-
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3€1k-
Income statement
Code20232024
Remuneration, social security and pensions62€92€92=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€16k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k-
Other operating charges640/8€739€818▲
Gross operating margin9900€45k€35k▼
Operating profit (loss)9901€27k€18k▼
Financial income75/76B€93-
Recurring financial income75€93-
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€22k€14k▼
Income taxes67/77€7k€4k▼
Profit (loss) for the period9904€15k€10k▼
Profit (loss) for the period to be appropriated9905€15k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€9k▼
Profit (loss) brought forward from the previous period14P€-998€-998=
Transfer to equity691/2€15k€10k▼
To other reserves6921€15k€10k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-998 ▼109%
Net result drops to €-998, the lowest in the series; recovery starts the following year.
08-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 39 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Hasselt · 1 establishment unit since 2018
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.
Kapelveldstraat 233500 HasseltGround area
702 m²
Building footprint
122 m²
Volume, LiDAR
843 m³
Parcel 71323C0960/00X000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kapelveldstraat 23, 3500 Hasselt
since 20182.283.447.997
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C0960/00X000 | Flanders | 702 m² | 1 · 122 m² | 9.2 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.
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Belga Veilingen
BE 0548.748.794
Heusden-Zolder · Eq €45k
BASS FREAKS
BE 0423.982.446
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Pro Commerce
BE 0770.451.501
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Of 12,965 companies in sector 47120 we hold annual accounts for 2,177. 1,498 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-12-2018
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
53200Other postal and courier activities
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.