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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Fine Work from Ittre, company number BE0544701916, closed financial year 2025 with a result of € -6,905 after tax. For that financial year Fine Work recorded a gross margin of € 786 and equity of € 34,993. Compared with financial year 2024, the result moved from € -5,432 to € -6,905. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 16, 2026.
€ 34,993
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,905
▼ 27 % more loss than in 2024
Profit after tax over the fiscal year.
€ 600
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 16,393.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 6,335
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 29,435
▲ 266% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 7,069 | € 13,645 | € 1,090 | € 786 | ▼ 28% |
| Profit after taxes | € 662 | € 6,660 | € -5,432 | € -6,905 | ▼ € 1,472 |
| Equity | € 40,669 | € 47,330 | € 41,897 | € 34,993 | ▼ 16% |
| Total debts | € 49,020 | € 49,642 | € 53,178 | € 33,437 | ▼ 37% |
| Cash | € 2,357 | - | - | € 600 | |
| Retained profit | € 22,069 | € 28,730 | € 23,297 | € 16,393 | ▼ 30% |
| Bank debt | € 0 | € 7,928 | € 8,037 | € 29,435 | ▲ 266% |
| Balance sheet total | € 89,689 | € 96,972 | € 95,075 | € 68,430 | ▼ 28% |
Key figures of Fine Work, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Fine Work?
What happened at Fine Work in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,905. filed late Source: NBB ↗
- Etienne Borri became a director. NBB
- New establishment in Ittre. KBO
- Start of the company according to the CBE. KBO
In short
From € 662 profit in 2022 to € 6,905 loss in 2025.
Paid € 4,361 in corporate taxes since 2022.
Best year ever: 2023, with € 6,660 profit.
Management
Behind Fine Work is Etienne Borri.
Directors
According to the 2025 annual accounts
Etienne Borri
Manager
since 2023
Establishments
Establishment units
Physical locations of this company
Rue de la Grange à la Dîme 12
1461 Ittre
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0544.701.916
- VAT number
- BE 0544.701.916
- Registered office
- Rue de la Grange à la Dîme 12, 1461 Ittre
- Names & denominations
- Fine Work
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 2014
- Peppol
- Active · Active since 15 Jul 2025
- Activities · NACE
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