ACTIVE

Finnhouse Belgie

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Financial year 2025 · closed on 31/12/2025

Net result

203,8 k €

-49.9% YoY

Gross margin

51 k €

-17.6% YoY

Equity

10 M €

+2.1% YoY

What does Finnhouse Belgie do?

Finnhouse Belgie is a Public limited company incorporated in 1978. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Schilde.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0418.511.943

Incorporation

20/04/1978

Legal form

Public limited company

Registered office

Rodedreef 10
2970 Schilde · FlandreSee on map

Contributed capital

182 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate 64200Activities of holding companies 64210Activities of holding companies

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	51 k €	-17.6%	61,8 k €	-39.4%	102,1 k €	+8.7%	93,9 k €	+74.2%	53,9 k €	+36.6%	39,4 k €	+202%	13 k €	-95.7%	304,9 k €	-42.7%	532,2 k €	+932%	51,6 k €	-57.3%	120,8 k €	-19.9%	150,7 k €	+51.0%	99,8 k €	+1843%	5,1 k €	+111%	-47,2 k €	+8.9%	-51,8 k €	+21.2%	-65,8 k €	-5601%	-1,2 k €	-104%	30,3 k €	-40.5%	51 k €
EBITDA	41 k €	+26.3%	32,4 k €	-51.5%	66,9 k €	+33.0%	50,3 k €	+130%	21,9 k €	+414%	4,3 k €	+230%	-3,3 k €	-101%	295,3 k €	-42.2%	510,9 k €	+2739%	18 k €	-79.6%	88,4 k €	-23.7%	115,8 k €	+78.2%	65 k €	+1884%	-3,6 k €	+94.0%	-61,1 k €	-12.2%	-54,4 k €	+23.0%	-70,7 k €	-297%	-17,8 k €	-179%	22,6 k €	-51.5%	46,6 k €
Operating result	9,5 k €	+1125%	775,1 €	-96.7%	23,3 k €	+5036%	453,5 €	+102%	-27,7 k €	+45.4%	-50,8 k €	+16.7%	-60,9 k €	-124%	254,9 k €	-46.6%	477,5 k €	+697%	-80 k €	-232%	-24,1 k €	-1130%	-2 k €	+96.3%	-52,7 k €	+64.8%	-149,8 k €	-8.0%	-138,7 k €	-97.0%	-70,4 k €	+17.8%	-85,7 k €	-37.8%	-62,2 k €	-185%	-21,8 k €	-520%	-3,5 k €
Net result	203,8 k €	-49.9%	406,6 k €	+280%	106,9 k €	+5.3%	101,5 k €	-67.7%	314,4 k €	+283%	82,1 k €	+120%	-405,7 k €	-118%	2,3 M €	+180%	813,4 k €	+48.2%	548,9 k €	-78.6%	2,6 M €	+465%	453,8 k €	+29.0%	351,7 k €	+170%	130,3 k €	-89.6%	1,2 M €	+189%	431,9 k €	-61.6%	1,1 M €	+493%	189,4 k €	-38.3%	307,2 k €	+29.9%	236,4 k €
Balance sheet
Equity	10 M €	+2.1%	9,8 M €	-12.1%	11,1 M €	-1.3%	11,2 M €	-2.6%	11,5 M €	+0.6%	11,5 M €	-1.4%	11,6 M €	-3.4%	12,1 M €	+23.3%	9,8 M €	+9.1%	9 M €	+3.5%	8,7 M €	+42.1%	6,1 M €	+8.0%	5,6 M €	+6.6%	5,3 M €	+2.5%	5,2 M €	+31.9%	3,9 M €	+12.4%	3,5 M €	+47.7%	2,4 M €	+8.7%	2,2 M €	+16.5%	1,9 M €
Total assets	11,6 M €	+1.0%	11,4 M €	-0.2%	11,5 M €	-2.2%	11,7 M €	-2.3%	12 M €	-0.7%	12,1 M €	+0.3%	12,1 M €	-7.7%	13,1 M €	+20.7%	10,8 M €	+4.5%	10,4 M €	-4.0%	10,8 M €	+20.3%	9 M €	+4.2%	8,6 M €	+2.3%	8,4 M €	+29.8%	6,5 M €	+26.5%	5,1 M €	+9.3%	4,7 M €	+14.0%	4,1 M €	+8.4%	3,8 M €	+7.1%	3,5 M €
Cash	87,6 k €	-13.7%	101,5 k €	-18.6%	124,7 k €	+92.9%	64,6 k €	+10.0%	58,8 k €	-34.7%	90 k €	-84.6%	584,5 k €	-82.7%	3,4 M €	+471%	592,7 k €	-8.1%	645 k €	+692%	81,4 k €	-79.3%	392,5 k €	+47.9%	265,3 k €	+351%	58,8 k €	-87.4%	467,4 k €	+42.4%	328,3 k €	-53.8%	710,3 k €	+3007%	22,9 k €	+133%	9,8 k €	-41.5%	16,8 k €
Debts	1,5 M €	-8.3%	1,7 M €	+354%	364,7 k €	-24.1%	480,3 k €	+3.7%	463,4 k €	-25.5%	622,3 k €	+49.3%	416,7 k €	-53.7%	900 k €	-3.8%	935,2 k €	-33.1%	1,4 M €	-33.9%	2,1 M €	-25.9%	2,9 M €	-3.1%	2,9 M €	-5.3%	3,1 M €	+148%	1,3 M €	+9.9%	1,1 M €	+0.4%	1,1 M €	-31.6%	1,7 M €	+9.0%	1,5 M €	-3.3%	1,6 M €
Other
Workforce	–		0,5 ETP	-16.7%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	+200%	0,2 ETP		–		–		–		–		–		–		–		–		–		–		–		0,1 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 19 ended

Active mandates

Bernadette Margaretha Ma Zwaans

Director · since 20 avril 2024 · until 22 mai 2030

Active

Christine Schless

Director · since 22 mai 2013 · until 22 mai 2030

Active

Hendrikus Zwaans

Director · since 22 mai 2013 · until 22 mai 2030

Active

Paulus Hermanus Zwaans

Managing director · since 22 mai 2013 · until 22 mai 2030

Active

Ended mandates

Bernadette Zwaans

Director · since 12 avril 2024 · until 22 mai 2030

Ended

Christine Schless

Director · since 22 mai 2013 · until 22 mai 2019

Ended

Christine Schless

Director · since 22 mai 2013 · until 30 juin 2019

Ended

Christine Schless

Director · since 22 mai 2013 · until 22 mai 2025

Ended

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	30/07/2026	30/04/2025	23/04/2024	31/03/2023	10/05/2022	28/07/2021
General meeting	30/06/2026	31/03/2025	12/04/2024	29/03/2023	11/04/2022	22/05/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	30/07/2026	Dutch	PDF
Abridged model	31/12/2024	31/03/2025	30/04/2025	Dutch	PDF
Abridged model	31/12/2023	12/04/2024	23/04/2024	Dutch	PDF
Abridged model	31/12/2022	29/03/2023	31/03/2023	Dutch	PDF
Abridged model	31/12/2021	11/04/2022	10/05/2022	Dutch	PDF
Abridged model	31/12/2020	22/05/2021	28/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	27/07/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	18/07/2019	Dutch	PDF
Abridged model	31/12/2017	22/05/2018	21/06/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/08/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	22/05/2015	19/06/2015	Dutch	PDF
Abridged model	31/12/2013	22/05/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	22/05/2013	17/06/2013	Dutch	PDF
Abridged model	31/12/2011	22/05/2012	03/07/2012	Dutch	PDF
Abridged model	31/12/2010	23/05/2011	17/06/2011	Dutch	PDF
Abridged model	31/12/2009	22/05/2010	14/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/01/2009	06/07/2009	Dutch	PDF
Abridged model	31/12/2007	22/05/2008	04/06/2008	Dutch	PDF
Abridged model	31/12/2006	22/05/2007	25/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/12/2025 · 4 active · 19 ended

Active mandates

Bernadette Margaretha Ma Zwaans

Director · since 20 avril 2024 · until 22 mai 2030

Active

Christine Schless

Director · since 22 mai 2013 · until 22 mai 2030

Active

Hendrikus Zwaans

Director · since 22 mai 2013 · until 22 mai 2030

Active

Paulus Hermanus Zwaans

Managing director · since 22 mai 2013 · until 22 mai 2030

Active

Ended mandates

Bernadette Zwaans

Director · since 12 avril 2024 · until 22 mai 2030

Ended

Christine Schless

Director · since 22 mai 2013 · until 22 mai 2019

Ended

Christine Schless

Director · since 22 mai 2013 · until 30 juin 2019

Ended

Christine Schless

Director · since 22 mai 2013 · until 22 mai 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other12/04/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates16/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/06/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/06/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/09/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/01/2009
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 2025203,8 k €↓
2024
Annual accounts 2024406,6 k €↑
2023
Annual accounts 2023106,9 k €↑
2022
Annual accounts 2022101,5 k €↓
2021
Annual accounts 2021314,4 k €↑
2020
Annual accounts 202082,1 k €↑
2019
Annual accounts 2019-405,7 k €↓
2018
Annual accounts 20182,3 M €↑
2017
Annual accounts 2017813,4 k €↑
2016
Annual accounts 2016548,9 k €↓
2015
Annual accounts 20152,6 M €↑
2014
Annual accounts 2014453,8 k €↑
2013
Annual accounts 2013351,7 k €↑
2012
Annual accounts 2012130,3 k €↓
2011
Annual accounts 20111,2 M €↑
2010
Annual accounts 2010431,9 k €↓
2009
Annual accounts 20091,1 M €↑
2008
Annual accounts 2008189,4 k €↓
2007
Annual accounts 2007307,2 k €↑
2006
Annual accounts 2006236,4 k €
20/04/1978
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Finnhouse Belgie

Overview

What does Finnhouse Belgie do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline