ACTIVE

Finex (SA)

Financial year 2025 · closed on 30/06/2025
Net result
656,5 k €
+128.7% YoY
Gross margin
2 M €
+31.2% YoY
Equity
1,2 M €
+3.2% YoY
Workforce
16,2 ETP
+14.1% YoY

What does Finex do?

Finex is a Public limited company incorporated in 1947. Its registered office is in Evergem. It employs on average 16,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0400.029.582
Incorporation
23/01/1947
Legal form
Public limited company
Registered office
Zwedenstraat 3
9940 Evergem · FlandreSee on map
Contributed capital
160 000,00 €
Latest accounts
30/06/2025
Average workforce
16,2 ETP
Joint committees (2)
  • 118
  • 220
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin2 M €1,5 M €1,3 M €1,4 M €896,4 k €780,4 k €1,1 M €941,5 k €1,1 M €892,2 k €682,4 k €337,5 k €330,8 k €278,7 k €508,1 k €689,3 k €807,7 k €642,3 k €588,2 k €
EBITDA1,1 M €722,4 k €569,4 k €667,9 k €329,5 k €238,2 k €577,4 k €468,7 k €592,3 k €574,5 k €418,3 k €99,2 k €113 k €82,1 k €392,3 k €535,4 k €676,4 k €494,9 k €387,9 k €
Operating result875,9 k €534,4 k €389,8 k €499,9 k €155,5 k €94,8 k €419,7 k €384,9 k €482 k €455,2 k €325,3 k €46 k €67,9 k €51,9 k €292,8 k €433,7 k €503 k €241,9 k €214,2 k €
Net result656,5 k €287,1 k €306,2 k €435,8 k €95,5 k €35,2 k €368,7 k €355 k €437,1 k €403,7 k €256,1 k €6,4 k €38 k €21,5 k €250,1 k €394,1 k €330,6 k €158 k €137,1 k €
Balance sheet
Equity1,2 M €1,2 M €1,2 M €1,2 M €1,1 M €1,2 M €1,1 M €1,1 M €1,1 M €1 M €981,8 k €875,7 k €869,3 k €831,2 k €1,1 M €974,7 k €914,2 k €783,6 k €625,7 k €
Total assets5,7 M €5,2 M €5,7 M €4,3 M €3,9 M €4,2 M €4 M €2,7 M €2,5 M €2,2 M €1,9 M €1,7 M €1,8 M €2 M €2,2 M €2,4 M €2,3 M €2 M €2,6 M €
Cash804,3 k €540 k €682,4 k €347 k €325,8 k €82,5 k €408,6 k €762,4 k €556,5 k €228,3 k €168,2 k €77,8 k €41,7 k €103,6 k €68 k €129,9 k €447,7 k €84,9 k €190,6 k €
Debts4,2 M €4 M €4,5 M €3,1 M €2,8 M €3,1 M €2,9 M €1,6 M €1,4 M €1,1 M €967,3 k €835,8 k €957,3 k €1,1 M €1,1 M €1,4 M €1,4 M €1,2 M €1,8 M €
Other
Workforce16,2 ETP14,2 ETP13,1 ETP13,7 ETP13,3 ETP13,2 ETP13,1 ETP12,2 ETP10,7 ETP7,2 ETP5,9 ETP5,1 ETP4,9 ETP4,9 ETP4,1 ETP3,8 ETP3,6 ETP4,1 ETP4,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 4 active · 16 ended

Active mandates

GENTIS SWEETS

Managing director · since 01 juillet 2024 · until 05 novembre 2029 · 1001.256.665

Represented by Peter Destrooper

Active
BNP Paribas Fortis Private Equity Management

Director · since 15 décembre 2023 · until 05 novembre 2029 · 0438.091.788

Represented by Sofie Vermeulen

Active
BRUYNEEL - DEMETS

Director · since 15 décembre 2023 · until 05 novembre 2029 · 0461.086.134

Represented by Tom Vandecasteele

Active
OXYGENIUM HOLDING

Director · since 15 décembre 2023 · until 05 novembre 2029 · 0643.671.214

Represented by Wim Van Roy

Active

Ended mandates

BORVAN

Director · since 19 décembre 2019 · until 03 novembre 2025 · 0431.426.997

Represented by Rik VANDECASTEELE

Ended
RIK VANDECASTEELE

Managing director · since 19 décembre 2019 · until 03 novembre 2025 · 0426.223.047

Represented by Tom Vandecasteele

Ended
BORVAN

Director · since 29 décembre 2014 · until 02 novembre 2020 · 0431.426.997

Represented by Rik Vandecasteele

Ended
BRUYNEEL - DEMETS

Director · since 29 décembre 2014 · until 19 décembre 2019 · 0461.086.134

Represented by Tom Vandecasteele

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/12/202518/12/202409/10/202316/12/202228/01/202215/12/2020
General meeting22/12/202517/12/202409/10/202315/12/202230/12/202130/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged modelCorrection30/06/202522/12/202522/12/2025DutchPDF
Abridged model30/06/202512/11/202517/11/2025DutchPDF
Abridged model30/06/202417/12/202418/12/2024DutchPDF
Abridged model30/06/202309/10/202309/10/2023DutchPDF
Abridged model30/06/202215/12/202216/12/2022DutchPDF
Abridged model30/06/202130/12/202128/01/2022DutchPDF
Abridged model30/06/202030/11/202015/12/2020DutchPDF
Abridged model30/06/201917/12/201915/01/2020DutchPDF
Abridged model30/06/201803/12/201821/12/2018DutchPDF
Abridged model30/06/201706/11/201719/12/2017DutchPDF
Abridged model30/06/201607/11/201616/12/2016DutchPDF
Abridged model30/06/201530/12/201501/02/2016DutchPDF
Abridged model30/06/201429/12/201426/01/2015DutchPDF
Abridged model30/06/201304/11/201305/12/2013DutchPDF
Abridged model30/06/201226/11/201219/12/2012DutchPDF
Abridged model30/06/201107/11/201108/12/2011DutchPDF
Abridged model30/06/201028/12/201027/01/2011DutchPDF
Abridged model30/06/200902/11/200915/01/2010DutchPDF
Abridged model30/06/200830/11/200831/12/2008DutchPDF
Abridged model30/06/200730/11/200728/02/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 4 active · 16 ended

Active mandates

GENTIS SWEETS

Managing director · since 01 juillet 2024 · until 05 novembre 2029 · 1001.256.665

Represented by Peter Destrooper

Active
BNP Paribas Fortis Private Equity Management

Director · since 15 décembre 2023 · until 05 novembre 2029 · 0438.091.788

Represented by Sofie Vermeulen

Active
BRUYNEEL - DEMETS

Director · since 15 décembre 2023 · until 05 novembre 2029 · 0461.086.134

Represented by Tom Vandecasteele

Active
OXYGENIUM HOLDING

Director · since 15 décembre 2023 · until 05 novembre 2029 · 0643.671.214

Represented by Wim Van Roy

Active

Ended mandates

BORVAN

Director · since 19 décembre 2019 · until 03 novembre 2025 · 0431.426.997

Represented by Rik VANDECASTEELE

Ended
RIK VANDECASTEELE

Managing director · since 19 décembre 2019 · until 03 novembre 2025 · 0426.223.047

Represented by Tom Vandecasteele

Ended
BORVAN

Director · since 29 décembre 2014 · until 02 novembre 2020 · 0431.426.997

Represented by Rik Vandecasteele

Ended
BRUYNEEL - DEMETS

Director · since 29 décembre 2014 · until 19 décembre 2019 · 0461.086.134

Represented by Tom Vandecasteele

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares08/03/2023
    KAPITAAL - AANDELEN
    PDF
  • Mandates19/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025656,5 k €
  2. 2024
    Annual accounts 2024287,1 k €
  3. 2023
    Annual accounts 2023306,2 k €
  4. 2022
    Annual accounts 2022435,8 k €
  5. 2021
    Annual accounts 202195,5 k €
  6. 2020
    Annual accounts 202035,2 k €
  7. 2019
    Annual accounts 2019368,7 k €
  8. 2018
    Annual accounts 2018355 k €
  9. 2017
    Annual accounts 2017437,1 k €
  10. 2016
    Annual accounts 2016403,7 k €
  11. 2015
    Annual accounts 2015256,1 k €
  12. 2014
    Annual accounts 20146,4 k €
  13. 2013
    Annual accounts 201338 k €
  14. 2012
    Annual accounts 201221,5 k €
  15. 2011
    Annual accounts 2011250,1 k €
  16. 2010
    Annual accounts 2010394,1 k €
  17. 2009
    Annual accounts 2009330,6 k €
  18. 2008
    Annual accounts 2008158 k €
  19. 2007
    Annual accounts 2007137,1 k €
  20. 23/01/1947
    IncorporationPublic limited company