In liquidation · Gerechtelijke ontbinding of nietigheid (CBE)

FINEXCO

BE0433273660

Rechtspersoon Private limited company

FINEXCO is an accounting firm in Elsene. Private Limited, started on 1 January 1988.

Renbaanlaan 60 box 10, 1050 Elsene

Start date

1 January 1988

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 19 % of short-term debt in 2021; threshold 65 %.

  • Late annual account NBB

    Fiscal year 2021 was filed 290 days after the legal deadline.

  • 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.

What it is worth Growing

€ 18,849

▲ 1% vs 2020

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 14,720

▼ 59% vs 2020

Profit after tax over the fiscal year.

Cash in the bank

€ 3,930

▼ 11% vs 2020

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 14,500 paid out

99 % of the profit went to the shareholders, the rest stayed in the company.

Debts at end 2021

Bank debt

€ 2,451

▲ 187% vs 2020

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 43,118

▼ 4% vs 2020

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 56,488

▲ 49% vs 2020

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2018201920202021Change 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

Registered office

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.

All companies at this address →

+1 more

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

Frequently asked questions

What does FINEXCO do?
FINEXCO is an accounting firm in Elsene. Private Limited, started on 1 January 1988.
What is the address of FINEXCO?
The registered office of FINEXCO is located at Renbaanlaan 60 box 10, 1050 Elsene.
Is FINEXCO still active?
Not as usual. The CBE lists FINEXCO with legal situation “Gerechtelijke ontbinding of nietigheid”.
Is FINEXCO registered on Peppol?
No, FINEXCO is currently not registered on the Peppol network.
What is the enterprise number of FINEXCO?
The enterprise number of FINEXCO is BE0433273660.
When was FINEXCO founded?
FINEXCO was founded on 1 January 1988.