Fin - S
ActiveFin - S has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €157k and a net result of €30k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 24% of 37976 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
83
/ 100
Excellent▲ +2 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability94▼-6
Solvency66▲+12
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 4.25 against 2.45 in 2023), but 74.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 37976 sector peers (2024).
NBB · sector comparisonPosition among 37976 sector peers
Solvency
better than 24%
← weakest
strongest →
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €157k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
53 d late
2023
59 d late
2022
6 d early
2021
127 d late
2020
94 d late
2019
79 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€157k▲ 23.2%
2023 · €127k
2018: €117k
2019: €110k
2020: €119k
2021: €109k
2022: €104k
2023: €127k
2018 → 2024
Total assets
€607k▼ 1.2%
2023 · €615k
2018: €679k
2019: €659k
2020: €663k
2021: €642k
2022: €599k
2023: €615k
2018 → 2024
Net result
€30k▼ 32.0%
2023 · €43k
2018: €31k
2019: €-7k
2020: €9k
2021: €-9k
2022: €-5k
2023: €43k
2018 → 2024
Working capital
€144k▲ 64.8%
2023 · €88k
2018: €83k
2019: €90k
2020: €63k
2021: €62k
2022: €73k
2023: €88k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€119k-€109k▼ 7.9%€104k▼ 5.0%€127k▲ 22.5%€157k▲ 23.2%
Operating result€21k-€-4k€910€63k▲ 6,806%€53k▼ 15.0%
Net result€9k-€-9k€-5k▲ 41.9%€43k€30k▼ 32.0%
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 falls in 2024; 2024 is 15% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €607k
Fixed assets
€419k▼ 10.3%
Current assets
€189k▲ 27.4%
Equity and liabilities €607k
Equity
€157k▲ 23.2%
Provisions
€70k=
Debt
€380k▼ 8.8%
The debt ratio falls from 67.9% to 62.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€101k▼
2023 · €108k
Cash flow
€77k▼
2023 · €88k
Solvency
25.8%▲
2023 · 20.7%
Current ratio
4.25▲
2023 · 2.45
Quick ratio
4.25▲
2023 · 2.45
Debt / equity
2.42▼
2023 · 3.28
ROE
18.8%▼
2023 · 34.1%
ROA
4.9%▼
2023 · 7.1%
Interest coverage
17.45▲
2023 · 17.21
Debt
€380k▼
2023 · €417k
Debt ≤ 1 year
€44k▼
2023 · €61k
Debt > 1 year
€336k▼
2023 · €357k
Income taxes
€18k▲
2023 · €13k
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€615k€607k▼
Fixed assets21/28€466k€419k▼
Tangible fixed assets22/27€466k€419k▼
Land and buildings22€407k€382k▼
Furniture and vehicles24€37k€18k▼
Other tangible fixed assets26€22k€19k▼
Current assets29/58€148k€189k▲
Amounts receivable within one year40/41€18k€22k▲
Trade receivables40€17k€21k▲
Other amounts receivable41€1k€1k=
Cash at bank and in hand54/58€127k€167k▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€615k€607k▼
Equity10/15€127k€157k▲
Contributions10/11€19k€20k▲
Reserves13€2k-
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Profit (loss) carried forward14€107k€136k▲
Provisions and deferred taxes16€70k€70k=
Provisions for liabilities and charges160/5€70k€70k=
Pensions and similar obligations160€70k€70k=
Amounts payable17/49€417k€380k▼
Amounts payable after more than one year17€357k€336k▼
Financial debts170/4€357k€336k▼
Amounts payable within one year42/48€61k€44k▼
Current portion of amounts payable after more than one year42€21k€21k▼
Trade debts44€695€12k▲
Suppliers440/4€695€12k▲
Taxes, remuneration and social security45€8k€10k▲
Taxes450/3€8k€10k▲
Other amounts payable47/48€30k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€48k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€112k€107k▼
Operating profit (loss)9901€63k€53k▼
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€57k€48k▼
Income taxes67/77€13k€18k▲
Profit (loss) for the period9904€43k€30k▼
Profit (loss) for the period to be appropriated9905€43k€30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€127k€136k▲
Profit (loss) brought forward from the previous period14P€83k€107k▲
Transfer from equity791/2-€2k
Transfer to equity691/2-€2k
To contributions691-€2k
Profit to be distributed694/7€20k-
Return on contributions (dividend)694€20k-
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
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
31-12
Financial
Equity above €150kEq €157k ▲23.2%
2 profitable years in a row build equity to €157k.
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 59 days late
2023
31-12
Financial
Back to profitnet €43k
Net result €43k after 2 loss-making years.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 127 days late
2021
31-12
Financial
Weakest financial yearnet €-9k ▼207%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
02-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 94 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
18-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 79 days late
2019
13-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
18-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2024
CHOUT Alexander Anataljevitch
CurrentDirector · since 24-12-2024
WOUTERS Vicky Françoise Riet
CurrentDirector · since 24-12-2024
24-12-2024
CHOUT Alexander Anataljevitch: Appointed as Director
24-12-2024
WOUTERS Vicky Françoise Riet: Appointed as Director
Not every act has been read: a resignation may be missing here
3 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 2006
Ground area
1,517 m²
Building footprint
173 m²
Volume, LiDAR
1,400 m³
Parcel 11322E0055/00T000, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Fin-S
since 20062.155.376.919
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0055/00T000 | Flanders | 1,517 m² | 1 · 173 m² | 10.6 m · 3 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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Of 82,169 companies in sector 70200 we hold annual accounts for 52,388. 40,623 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2006
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.