FinFides
ActiveSummary
FinFides has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €181k and a net result of €84k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 34% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▼-8
Solvency65▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 0.85 in 2023; short-term debt: 15.4% and cash: 18.7% of total assets), and 60.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
36 d early
2022
42 d early
2021
32 d early
2020
40 d early
2019
42 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€181k▲ 87.1%
2023 · €97k
2019: €81k
2020: €166k
2021: €260k
2022: €93k
2023: €97k
2019 → 2024
Total assets
€456k▲ 93.4%
2023 · €236k
2019: €123k
2020: €200k
2021: €298k
2022: €416k
2023: €236k
2019 → 2024
Net result
€84k▼ 10.5%
2023 · €94k
2019: €75k
2020: €84k
2021: €94k
2022: €76k
2023: €94k
2019 → 2024
Working capital
€18k
2023 · €-21k
2019: €79k
2020: €163k
2021: €257k
2022: €86k
2023: €-21k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€166k-€260k▲ 56.8%€93k▼ 64.4%€97k▲ 4.6%€181k▲ 87.1%
Operating result€110k-€115k▲ 5.1%€104k▼ 9.6%€124k▲ 19.0%€114k▼ 8.0%
Net result€84k-€94k▲ 11.5%€76k▼ 18.7%€94k▲ 23.3%€84k▼ 10.5%
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 8% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €456k
Fixed assets
€367k ▲ 210%
Current assets
€89k ▼ 24.3%
Equity and liabilities €456k
Equity
€181k ▲ 87.1%
Debt
€274k ▲ 97.9%
Debt's share of the balance-sheet total rises from 58.9% to 60.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€115k▼
2023 · €135k
Cash flow
€85k▼
2023 · €105k
Current ratio
1.26▲
2023 · 0.85
Debt to equity
1.51▲
2023 · 1.43
ROE
46.6%▼
2023 · 97.3%
ROA
18.5%▼
2023 · 40.0%
Interest coverage
12.80▼
2023 · 32.19
Debt ≤ 1 year
€70k▼
2023 · €138k
Debt > 1 year
€202k
Income taxes
€25k▼
2023 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€236k€456k▲
Fixed assets21/28€119k€367k▲
Tangible fixed assets22/27€119k€367k▲
Land and buildings22€68k€68k=
Furniture and vehicles24€817€195▼
Other tangible fixed assets26€7k€7k=
Assets under construction and advance payments27€43k€292k▲
Current assets29/58€117k€89k▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€22k€60▼
Trade receivables40€21k€0▼
Other amounts receivable41€1k€60▼
Current investments50/53€52k€0▼
Cash at bank and in hand54/58€32k€85k▲
Deferred charges and accrued income490/1€11k€3k▼
Equity and liabilities
Total equity and liabilities10/49€236k€456k▲
Equity10/15€97k€181k▲
Contributions10/11€19k€19k=
Reserves13€78k€163k▲
Distributable reserves133€78k€163k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€139k€274k▲
Amounts payable after more than one year17-€202k
Financial debts170/4-€202k
Amounts payable within one year42/48€138k€70k▼
Current portion of amounts payable after more than one year42-€26k
Financial debts43€4€15▲
Credit institutions430/8€4€15▲
Trade debts44€7k€1k▼
Suppliers440/4€7k€1k▼
Taxes, remuneration and social security45€10k€10k▼
Taxes450/3€10k€10k▼
Other amounts payable47/48€121k€33k▼
Accrued charges and deferred income492/3€967€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€622▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€3k
Gross operating margin9900€137k€119k▼
Operating profit (loss)9901€124k€114k▼
Financial income75/76B€7k€4k▼
Recurring financial income75€7k€731▼
Non-recurring financial income76B-€4k
Financial charges65/66B€4k€9k▲
Recurring financial charges65€4k€9k▲
Profit (loss) for the period before taxes9903€126k€109k▼
Income taxes67/77€32k€25k▼
Profit (loss) for the period9904€94k€84k▼
Profit (loss) for the period to be appropriated9905€94k€84k▼
Appropriation of the result
Profit (loss) to be appropriated9906€94k€84k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€4k€84k▲
To other reserves6921€4k€84k▲
Profit to be distributed694/7€90k€0▼
Return on contributions (dividend)694€90k€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €181k ▲87.1%
6 profitable years in a row build equity to €181k.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2019net €94k ▲23.3%
Operating result €124k, net result €94k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €260k ▲56.8%
3 profitable years in a row build equity to €260k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €166k ▲104%
2 profitable years in a row build equity to €166k.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lint · 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.
Schranshoevelaan 5D2547 LintGround area
6,672 m²
Parcel 11025D0548/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
FinFides
since 20182.275.197.356
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11025D0548/00A000 | Flanders | 6,672 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 195 EUR awarded · 195 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 195 EUR | 195 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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ERBIUM
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,599 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-04-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.