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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Busy address KBO
50 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
FINASGI from Watermaal-Bosvoorde, company number BE0444329284, closed financial year 2024 with a result of € 8,077 after tax. For that financial year FINASGI recorded a gross margin of € 11,971 and equity of € -174,021. Compared with financial year 2023, the result moved from € 34,184 to € 8,077. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2025.
€ -174,021
▲ € 8,077 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,077
▼ 76% vs 2023
Profit after tax over the fiscal year.
€ 38,094
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -239,021.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 416,732
▲ 1% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,582 | € 221,399 | € 38,090 | € 11,971 | ▼ 69% |
| Profit after taxes | € -3,544 | € 80,648 | € 34,184 | € 8,077 | ▼ 76% |
| Equity | € -296,930 | € -216,282 | € -182,098 | € -174,021 | ▲ € 8,077 |
| Total debts | € 338,670 | € 657,995 | € 730,738 | € 721,286 | ▼ 1% |
| Cash | € 104 | € 38,348 | € 38,094 | € 38,094 | |
| Land & buildings | € 21,108 | € 17,214 | € 13,320 | € 9,426 | ▼ 29% |
| Retained profit | € -361,930 | € -281,282 | € -247,098 | € -239,021 | ▲ € 8,077 |
| Balance sheet total | € 41,740 | € 441,713 | € 548,640 | € 547,266 |
Key figures of FINASGI, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to FINASGI?
What happened at FINASGI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 8,077 (▼ 76% vs 2023). filed late Source: NBB ↗
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,544 loss in 2021 to € 8,077 profit in 2024.
Best year ever: 2022, with € 80,648 profit.
Management
Behind FINASGI is Gunhan Karakullukcu.
Directors
According to the 2024 annual accounts
Gunhan Karakullukcu
Director
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 166 box 25
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 50 companies are registered at this address.
All companies at this address →HLB LEGAL SERVICES
€ 8,327 gross margin · 2025
Glaverbel
Chambre des Urbanistes de Belgique
IM Ultrasonic Belgium
€ -11,018 gross margin · 2025
AGENCE ET PROMOTION IMMOBILIERES
€ 28,264 gross margin · 2025
+45 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
- 0444.329.284
- VAT number
- BE 0444.329.284
- Registered office
- Terhulpsesteenweg 166 bus 25, 1170 Watermaal-Bosvoorde
- Names & denominations
- FINASGI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 1991
- Peppol
- Not registered
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