Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2021; threshold 65 %.
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Late annual account NBB
Fiscal year 2021 was filed 290 days after the legal deadline.
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Legal situation KBO
Gerechtelijke ontbinding of nietigheid according to the CBE.
Financials
Financial year 2021
FINEXCO from Elsene, company number BE0433273660, closed financial year 2021 with a result of € 14,720 after tax. For that financial year FINEXCO recorded a gross margin of € 17,909 and equity of € 18,849. Compared with financial year 2020, the result moved from € 36,111 to € 14,720. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 17, 2023.
€ 18,849
▲ 1% vs 2020
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,720
▼ 59% vs 2020
Profit after tax over the fiscal year.
€ 3,930
▼ 11% vs 2020
Cash and bank balances on the last day of the fiscal year.
€ 14,500 paid out
99 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2021
€ 2,451
▲ 187% vs 2020
Loans from banks and other lenders, long and short.
€ 43,118
▼ 4% vs 2020
Supplier invoices still open on the last day of the fiscal year.
€ 56,488
▲ 49% vs 2020
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2018 | 2019 | 2020 | 2021 | Change 2020 → 2021 | |
|---|---|---|---|---|---|
| Gross margin | € 60,519 | € 25,154 | € 39,407 | € 17,909 | ▼ 55% |
| Profit after taxes | € 37,261 | € 684 | € 36,111 | € 14,720 | ▼ 59% |
| Equity | € 17,834 | € 18,518 | € 18,630 | € 18,849 | ▲ 1% |
| Total debts | € 120,568 | € 111,384 | € 132,907 | € 174,981 | ▲ 32% |
| Cash | € 101 | - | € 4,420 | € 3,930 | ▼ 11% |
| Retained profit | € 10,698 | € 11,382 | € 11,494 | € 11,713 | ▲ 2% |
| Dividend | € 38,000 | € 0 | € 36,000 | € 14,500 | ▼ 60% |
| Bank debt | € 1,441 | € 685 | € 852 | € 2,451 | ▲ 187% |
| Balance sheet total | € 138,403 | € 129,902 | € 151,536 | € 193,830 | ▲ 28% |
Key figures of FINEXCO, fiscal years 2018 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 31 July 2023.
What happened to FINEXCO?
What happened at FINEXCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
FINEXCO is active according to the CBE. Legal situation: Gerechtelijke ontbinding of nietigheid.
- New annual accounts for financial year 2021: profit of € 14,720 (▼ 59% vs 2020). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 37,261 profit in 2018 to € 14,720 profit in 2021.
Paid € 3,589 in corporate taxes since 2018.
Best year ever: 2018, with € 37,261 profit.
Paid out € 88,500 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Renbaanlaan 60 box 10
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.273.660
- VAT number
- BE 0433.273.660
- Registered office
- Renbaanlaan 60 bus 10, 1050 Elsene
- Names & denominations
- FINEXCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Gerechtelijke ontbinding of nietigheid
- Start date
- 1 January 1988
- Peppol
- Not registered
- Activities · NACE
Accountants en belastingconsulenten
Accountants