Finelac
0400.173.104 · rovalta.com · 24/09/2026
ACTIVE
Finelac
Financial year 2025 · closed on 31/12/2025
Net result
548,1 k €
+838.5% YoY
Gross margin
490,5 k €
+353.3% YoY
Equity
7,2 M €
+8.0% YoY
Overview
What does Finelac do?
Finelac is a Public limited company incorporated in 1943. Its main activity is: Growing of cereals (except rice), leguminous crops and oil seeds. Its registered office is in Wetteren.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0400.173.104
Incorporation
15/01/1943
Legal form
Public limited company
Registered office
Oudenhoek 36
9230 Wetteren · FlandreSee on map
9230 Wetteren · FlandreSee on map
Contributed capital
3 264 212,02 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (2)
- 144
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 490,5 k € | +353% | 108,2 k € | +8.1% | 100,1 k € | +150% | 40,1 k € | -76.3% | 168,8 k € | -54.7% | 372,4 k € | -22.3% | 479,4 k € | +281% | 125,7 k € | -91.5% | 1,5 M € | +320% | 352,8 k € | -27.9% | 489,3 k € | +35.5% | 361,1 k € | -17.3% | 436,7 k € | -18.0% | 532,6 k € | +64.4% | 324,1 k € | +31.1% | 247,1 k € | -12.2% | 281,4 k € | +95.1% | 144,3 k € | -59.8% | 358,8 k € |
| EBITDA | 464,9 k € | +486% | 79,4 k € | +3.8% | 76,5 k € | +310% | 18,7 k € | -87.4% | 147,7 k € | -58.4% | 355,2 k € | -23.4% | 463,5 k € | +640% | 62,6 k € | -94.8% | 1,2 M € | +1008% | 109,4 k € | -50.7% | 221,9 k € | +157% | 86,3 k € | -46.2% | 160,6 k € | -46.9% | 302,4 k € | +185% | 106,2 k € | +41.9% | 74,8 k € | -24.4% | 99 k € | +3772% | 2,6 k € | -98.7% | 192,7 k € |
| Operating result | 403,3 k € | +14257% | 2,8 k € | -61.9% | 7,4 k € | +115% | -48,5 k € | -161% | 79,1 k € | -72.3% | 285,8 k € | -28.4% | 398,9 k € | +10784% | -3,7 k € | -100% | 1,1 M € | +3245% | 34 k € | -77.4% | 150,2 k € | +930% | 14,6 k € | -82.1% | 81,3 k € | -64.1% | 226,4 k € | +668% | 29,5 k € | +222% | 9,2 k € | -60.7% | 23,3 k € | +129% | -79 k € | -175% | 105,5 k € |
| Net result | 548,1 k € | +838% | 58,4 k € | -3.5% | 60,5 k € | +5061% | -1,2 k € | -101% | 82,1 k € | -67.5% | 252,8 k € | -10.9% | 283,6 k € | +12.3% | 252,5 k € | -69.5% | 829,1 k € | +308% | -398,7 k € | -181% | 494,7 k € | +49.6% | 330,8 k € | +36.0% | 243,2 k € | -34.6% | 371,8 k € | +110% | 177,4 k € | -88.8% | 1,6 M € | +1220% | 120,4 k € | -83.7% | 737,6 k € | -73.2% | 2,7 M € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 7,2 M € | +8.0% | 6,7 M € | +0.9% | 6,6 M € | +0.9% | 6,5 M € | -0.0% | 6,5 M € | +1.3% | 6,5 M € | +4.1% | 6,2 M € | +4.8% | 5,9 M € | +4.5% | 5,7 M € | -52.5% | 11,9 M € | -2.6% | 12,3 M € | +4.2% | 11,8 M € | +2.9% | 11,4 M € | -3.3% | 11,8 M € | +3.2% | 11,4 M € | +1.6% | 11,3 M € | +16.4% | 9,7 M € | +2.7% | 9,4 M € | +8.5% | 8,7 M € |
| Total assets | 7,3 M € | +7.8% | 6,7 M € | +1.3% | 6,7 M € | +0.9% | 6,6 M € | -0.3% | 6,6 M € | +1.1% | 6,5 M € | +4.4% | 6,3 M € | -1.7% | 6,4 M € | -52.0% | 13,3 M € | +10.0% | 12,1 M € | -3.2% | 12,5 M € | +2.9% | 12,1 M € | +4.9% | 11,5 M € | -3.7% | 12 M € | +2.6% | 11,7 M € | +2.0% | 11,4 M € | +16.3% | 9,8 M € | -8.2% | 10,7 M € | +8.8% | 9,9 M € |
| Cash | 581,4 k € | +301% | 145,1 k € | +25.7% | 115,4 k € | -84.8% | 756,9 k € | -5.9% | 804,8 k € | +16.2% | 692,6 k € | +52.0% | 455,8 k € | +56.6% | 291,1 k € | -77.5% | 1,3 M € | +2412% | 51,6 k € | -65.6% | 149,7 k € | +171% | 55,3 k € | +23.4% | 44,8 k € | +40.6% | 31,9 k € | -74.9% | 127,1 k € | -84.4% | 813 k € | +136% | 344,3 k € | +845% | 36,5 k € | +68.9% | 21,6 k € |
| Debts | 73,2 k € | -9.2% | 80,6 k € | +57.1% | 51,3 k € | +3.3% | 49,7 k € | -26.9% | 68 k € | -9.6% | 75,2 k € | +48.6% | 50,6 k € | -88.5% | 440,4 k € | -94.2% | 7,6 M € | +6300% | 118,6 k € | -39.1% | 194,8 k € | -42.0% | 335,5 k € | +237% | 99,4 k € | -34.0% | 150,6 k € | -29.1% | 212,3 k € | +19.7% | 177,3 k € | +10.6% | 160,4 k € | -87.4% | 1,3 M € | +11.3% | 1,1 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | 0,2 ETP | – | – | – | – | – | 1,6 ETP | -66.7% | 4,8 ETP | 0.0% | 4,8 ETP | -14.3% | 5,6 ETP | -3.4% | 5,8 ETP | 0.0% | 5,8 ETP | +20.8% | 4,8 ETP | 0.0% | 4,8 ETP | +33.3% | 3,6 ETP | -10.0% | 4,0 ETP | -2.4% | 4,1 ETP | -4.7% | 4,3 ETP | |||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 35 ended
Active mandates
Catherine Gilain-Pycke
ActiveDaisy Davignon-Pycke
ActiveMagda Schockaert
ActiveWerner Pycke
ActiveEnded mandates
Catherine Gilain-Pycke
EndedCatherine Gilain-Pycke
EndedDaisy Davignon-Pycke
EndedDaisy Davignon-Pycke
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 07/07/2026 | 08/07/2025 | 25/06/2024 | 28/06/2023 | 14/07/2022 | 07/07/2021 |
| General meeting | 24/06/2026 | 23/06/2025 | 05/06/2024 | 19/06/2023 | 27/06/2022 | 25/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 24/06/2026 | 07/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 23/06/2025 | 08/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 05/06/2024 | 25/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 19/06/2023 | 28/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 27/06/2022 | 14/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 25/06/2021 | 07/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 24/06/2020 | 01/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 19/06/2019 | 01/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 07/06/2018 | 12/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 27/06/2017 | 24/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 30/06/2016 | 25/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 05/08/2015 | 05/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 19/08/2014 | 28/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 15/07/2013 | 16/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 25/06/2012 | 31/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 06/06/2011 | 05/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 18/08/2010 | 25/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 03/08/2009 | 21/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 03/06/2008 | 03/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 04/06/2007 | 04/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 35 ended
Active mandates
Catherine Gilain-Pycke
ActiveDaisy Davignon-Pycke
ActiveMagda Schockaert
ActiveWerner Pycke
ActiveEnded mandates
Catherine Gilain-Pycke
EndedCatherine Gilain-Pycke
EndedDaisy Davignon-Pycke
EndedDaisy Davignon-Pycke
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates21/10/2025ONTSLAGEN - BENOEMINGEN
- Other16/02/2024ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates15/07/2019ONTSLAGEN - BENOEMINGEN
- Capital / shares16/01/2018KAPITAAL - AANDELEN
- Capital / shares24/02/2015KAPITAAL - AANDELEN
- Registered office25/07/2014MAATSCHAPPELIJKE ZETEL
- Capital / shares03/01/2014KAPITAAL - AANDELEN
- Mandates03/10/2013ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025548,1 k €↑
- 2024Annual accounts 202458,4 k €↓
- 2023Annual accounts 202360,5 k €↑
- 2022Annual accounts 2022-1,2 k €↓
- 2021Annual accounts 202182,1 k €↓
- 2020Annual accounts 2020252,8 k €↓
- 2019Annual accounts 2019283,6 k €↑
- 2018Annual accounts 2018252,5 k €↓
- 2017Annual accounts 2017829,1 k €↑
- 2016Annual accounts 2016-398,7 k €↓
- 2015Annual accounts 2015494,7 k €↑
- 2014Annual accounts 2014330,8 k €↑
- 2013Annual accounts 2013243,2 k €↓
- 2012Annual accounts 2012371,8 k €↑
- 2011Annual accounts 2011177,4 k €↓
- 2010Annual accounts 20101,6 M €↑
- 2009Annual accounts 2009120,4 k €↓
- 2007Annual accounts 2007737,6 k €↓
- 2006Annual accounts 20062,7 M €
- 15/01/1943IncorporationPublic limited company