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 1 of the last 1 fiscal years.
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Busy address KBO
49 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FINRACK from Elsene, company number BE1008242942, closed financial year 2025 with a result of € -566,142 after tax. For that financial year FINRACK recorded a gross margin of € -170,711 and equity of € -486,142. The company made a loss. 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 June 23, 2026.
€ -486,142
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -566,142
Profit after tax over the fiscal year.
€ 291,986
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -566,142.
People and assets in 2025
€ 225,786
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,795
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
Loans from banks and other lenders, long and short.
€ 280,450
Supplier invoices still open on the last day of the fiscal year.
€ 50,416
Taxes, VAT and social contributions still to pay.
What happened to FINRACK?
What happened at FINRACK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Febe DE LILLE stepped down as director. NBB
- Robert MASSE stepped down as director. NBB
- Xavier CORMAN stepped down as director. NBB
- David VAN DER LOOVEN stepped down as director. NBB
- Jean-Claude MARIE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 566,142. Source: NBB ↗
- Febe DE LILLE became a director. NBB
- Robert MASSE became a director. NBB
Management
Directors
According to the 2025 annual accounts
Febe DE LILLE
Administrateur
since 2024 · until 2028
Robert MASSE
Administrateur
since 2024 · until 2028
Xavier CORMAN
Administrateur délégué
since 2024 · until 2028
David VAN DER LOOVEN
Administrateur
since 2024 · until 2028
Jean-Claude MARIE
Administrateur
since 2024 · until 2028
Establishments
Establishment units
Physical locations of this company
Arnaud Fraiteurlaan 15 box 23
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
All companies at this address →COTY BELGIUM
€ 28.9 million revenue · 2025
TEAM POWER
€ 62,115 gross margin · 2025
DE CROMBRUGGHE & PARTNERS
€ 176,212 gross margin · 2025
FONDS SOCIAL DES SOCIETES SOPRA STERIA BENELUX SA/NV ETSPRA STERIAPSF LUXEMBOURG SA
Tamahris
€ 2.5 million gross margin · 2025
+44 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
finrack.com
Registered
2019-06-25
Registrar
GoDaddy.com, LLC
Expires
2027-06-25
Website info
Features
Security
Network
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- CORMAN Xavier Gontran André(oprichter) 50%
- RODRIGUEZ Eric Alain Sébastien(oprichter) 50%
Details
- Company number
- 1008.242.942
- VAT number
- BE 1008.242.942
- Registered office
- Arnaud Fraiteurlaan 15 bus 23, 1050 Elsene
- Names & denominations
- FINRACK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 2024
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- finrack.com
- Activities · NACE
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