FYNF
ActiveSummary
FYNF has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.4m and a net result of €50,082. Equity remains stable across the filed financial years (±0.7% per year). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €5.4m
- Profit
- €50,082
- Largest shareholder
- TARRAZU · 43.7%
Why 89raises riskLiquidity: current ratio 255.21, cash €26,996, halvedFounded in 2023lowers riskSize: total assets €6.6mNo main activity registeredShow the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, small): better than 82% on solvency, 54% on liquidity, 21% on profitability and 53% on growth.
The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 28 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Weakest financial yearnet €24,180 ▼78.2%
Financials · financial year 2025, micro format
2025 annual accounts filed late (26 days) Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00427548.
2023 to 2025, 3 financial years
The operating result returns to profit in 2025: €1,890 after a loss of €13,021 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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 2,686 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 96.8% are still going.
- Medium-sized
- solvency 30% or more
- a profit under 5% of the balance sheet
- without age
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 2,686 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,834 | €13,881 | €13,881 | = |
| Other operating charges640/8 | €4,869 | €5,121 | €1,565 | ▼ 69.4% |
| Gross operating margin9900 | -€11,751 | €5,981 | €17,336 | ▲ 190% |
| Operating profit (loss)9901 | -€30,454 | -€13,021 | €1,890 | - |
| Financial income75/76B | €228,408 | €50,284 | €64,039 | ▲ 27.4% |
| Recurring financial income75 | €228,408 | €50,284 | €64,039 | ▲ 27.4% |
| Financial charges65/66B | €87,114 | €13,084 | €12,527 | ▼ 4.3% |
| Recurring financial charges65 | €87,114 | €13,084 | €12,527 | ▼ 4.3% |
| Profit (loss) for the period before taxes9903 | €110,840 | €24,180 | €53,403 | ▲ 121% |
| Income taxes67/77 | - | - | €3,321 | - |
| Profit (loss) for the period9904 | €110,840 | €24,180 | €50,082 | ▲ 107% |
| Profit (loss) for the period to be appropriated9905 | €110,840 | €24,180 | €50,082 | ▲ 107% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €5.8m | €5.8m | €6.6m | ▲ 13.8% |
| Fixed assets21/28 | €0.7m | €0.7m | €0.8m | ▲ 13.3% |
| Tangible fixed assets22/27 | €0.5m | €0.5m | €0.5m | ▼ 2.6% |
| Land and buildings22 | €0.5m | €0.5m | €0.5m | ▼ 2.6% |
| Financial fixed assets28 | €0.2m | €0.2m | €0.3m | ▲ 67.7% |
| Current assets29/58 | €5.1m | €5.2m | €5.9m | ▲ 13.9% |
| Amounts receivable after more than one year29 | €2.8m | €2.8m | €2.8m | = |
| Trade receivables290 | €2.8m | €2.8m | €2.8m | = |
| Amounts receivable within one year40/41 | €0.02m | €0.02m | €0.01m | ▼ 46.8% |
| Other amounts receivable41 | €0.02m | €0.02m | €0.01m | ▼ 46.8% |
| Current investments50/53 | €2.2m | €2.2m | €3.0m | ▲ 34.9% |
| Cash at bank and in hand54/58 | €0.1m | €0.07m | €0.03m | ▼ 62.8% |
| Deferred charges and accrued income490/1 | €0.01m | €0.01m | €0.01m | = |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €5.8m | €5.8m | €6.6m | ▲ 13.8% |
| Equity10/15 | €5.4m | €5.4m | €5.4m | ▲ 0.9% |
| Contributions10/11 | €0.6m | €0.6m | €0.6m | = |
| Reserves13 | €0.1m | €0.1m | €4.8m | ▲ 4,731% |
| Non-distributable reserves130/1 | - | - | €0.8m | - |
| Own shares acquired1312 | - | - | €0.8m | - |
| Distributable reserves133 | €0.1m | €0.1m | €4.0m | ▲ 3,949% |
| Profit (loss) carried forward14 | €4.6m | €4.6m | €0 | ▼ 100% |
| Amounts payable17/49 | €0.5m | €0.5m | €1.2m | ▲ 166% |
| Amounts payable after more than one year17 | €0.5m | €0.4m | €1.2m | ▲ 174% |
| Financial debts170/4 | €0.5m | €0.4m | €1.2m | ▲ 174% |
| Amounts payable within one year42/48 | €0.02m | €0.02m | €0.02m | ▲ 13.1% |
| Current portion of amounts payable after more than one year42 | €0.02m | €0.02m | €0.02m | ▲ 2.8% |
| Trade debts44 | €0.001m | €50 | €0 | ▼ 100% |
| Suppliers440/4 | €0.001m | €50 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | €0.002m | - |
| Taxes450/3 | - | - | €0.002m | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €110,840 | €24,180 | €50,082 | ▲ 107% |
| + Depreciation and write-downs630 | €13,834 | €13,881 | €13,881 | = |
| Operating cash flow (approximation) | €124,674 | €38,060 | €63,962 | ▲ 68.1% |
| Investment in fixed assets (approximation) | - | €0 | -€105,000 | - |
| Change in cash | - | -€54,509 | -€45,655 | ▲ 16.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 26-08-2026 | 2026-00427548 |
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00430732 |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00404392 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
1 ownerOwners 1
-
43.7%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
The network starts from this company’s shareholders. What else they own or run appears here as nodes.
History
Acts, filings and financial milestones
About the unread acts
We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 20 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11463D0420/00M000 | Flanders | 1,014 m² | 1 · 128 m² | 14.0 m |