FINFREE
The computed 12-month bankruptcy probability of FINFREE is 2.8% (moderate). The 2023 annual accounts show negative equity (€-125) and a net result of €-1k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-125 |
| Net result | €-1k |
| Active | 3 yrs |
| Locations | 1 |
Mixed profile: strong on profitability, weaker on health.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-101 |
| Net profit | €-1k |
| Cash flow | €-127 |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €873 |
| Equity | €-125 |
| Debt | €999 |
| of which ≤ 1y | €999 |
| of which > 1y | - |
| Working capital | €-125 |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.87 |
| Quick ratio | 0.87 |
| Working capital ratio | -14.4% |
| Solvency | -14.4% |
| Debt / equity | -7.97 |
| Long-term debt ratio | - |
| Interest coverage | -3.95 |
| Gross margin | - |
| Net margin | - |
| ROA | -128.8% |
| ROE | 897.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (16 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €873 |
| Current assets | 29/58 | €873 |
| Cash & bank | 54/58 | €873 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €873 |
| Equity | 10/15 | €-125 |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €-1k |
| Amounts payable | 17/49 | €999 |
| Amounts payable within one year | 42/48 | €999 |
| Trade debts payable within one year | 44 | €999 |
| Income statement | ||
| Gross operating margin | 9900 | €-101 |
| Operating result | 9901 | €-1k |
| Financial charges | 65 | €26 |
| Result before taxes | 9903 | €-1k |
| Net result for the period | 9904 | €-1k |
| Result to be appropriated | 9905 | €-1k |
| NACE primary | Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 12-04-2023 |
| Status | Active |
| Postal code | 1190 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0028/00G003 | Brussels | 1,894 m² | 1 · 682 m² | 8.8 m · 3 fl. |
| 21562A0139/00N000 | Brussels | 77 m² | 1 · 80 m² | 14.7 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
25-11-2024 Discharge granted to the board
Technical details
{
"events": [
{
"kind": "substantive_delegation",
"role": "commissaris",
"person": {
"rrn": null,
"name": "VANWASSENHOVEN Melvin",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": {
"kbo": "0786.438.584",
"name": "TAX \u0026 LEGAL SOLUTIONS",
"address": "Square Charles-Maurice Wiser 13, 1040 Etterbeek",
"country": "BE",
"legal_form": null
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "L\u0027assembl\u00E9e et les administrateurs d\u00E9cident, \u00E0 l\u0027unanimit\u00E9, de donner mandat \u00E0 la soci\u00E9t\u00E9 TAX \u0026 LEGAL SOLUTIONS dont l\u0027administrateur est Monsieur VANWASSENHOVEN Melvin et dont le si\u00E8ge social est situ\u00E9 \u00E0 Square Charles-Maurice Wiser 13 \u00E0 1040 Etterbeek, immatricul\u00E9e \u00E0 la Banque Carrefour des Entrep",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_granted",
"role": "commissaris",
"person": {
"rrn": null,
"name": "VANWASSENHOVEN Melvin",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": null,
"filing_date": "2024-09-16",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2024-09-16",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0800.679.570",
"name_full": "FINFREE",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0786.438.584",
"org_name": "TAX \u0026 LEGAL SOLUTIONS",
"person_name": null,
"org_rep_person_name": "VANWASSENHOVEN Melvin",
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameFR | FINFREE |