ACTIVE

FINLAB

Financial year 2025 · Closed on 31/12/2025

Net result1,3 M €-4,2 %over 1 year

Revenue1,2 M €+3,6 %over 1 year

Equity147,4 M €+0,9 %over 1 year

Identity

Source · BCE/KBO

FINLAB is a Public limited company incorporated in 1983. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Leuven.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0425.285.315
Incorporation: 29/12/1983
Legal form: Public limited company
Registered office: Kapeldreef 75
3001 Leuven · FlandreSee on map
Contributed capital: 134 000 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities 71408Architectural and engineering activities; technical testing and analysis 77229Rental of video tapes and disks 77299Rental and leasing of other personal and household goods

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 12 financial years

	2025		2024		2023		2022		2019
Income statement
Revenue	1,2 M €	+3.6%	1,2 M €	+3.8%	1,1 M €	+7.0%	1 M €	+8.3%	962,2 k €
EBITDA	1,2 M €	+3.6%	1,1 M €	+3.9%	1,1 M €	+6.5%	1 M €	+8.9%	932,5 k €
Operating result	-971,1 k €	+18.8%	-1,2 M €	+4.9%	-1,3 M €	+5.9%	-1,3 M €	-1.0%	-1,3 M €
Net result	1,3 M €	-4.2%	1,3 M €	+30.0%	1 M €	+125%	454 k €	+24.2%	365,4 k €
Balance sheet
Equity	147,4 M €	+0.9%	146,2 M €	+0.9%	144,8 M €	+24.3%	116,6 M €	+12.9%	103,2 M €
Total assets	147,8 M €	+0.7%	146,8 M €	+1.0%	145,4 M €	+24.5%	116,8 M €	+12.9%	103,5 M €
Cash	734,7 k €	-21.8%	939,1 k €	-62.0%	2,5 M €	-60.5%	6,3 M €	+56.7%	4 M €
Debts	167,6 k €	-64.3%	469,7 k €	+11.4%	421,4 k €	+547%	65,1 k €	-9.6%	72 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Johan Hanssens	Director12/10/2018 → 25/04/2030
Bart Van Bael	Director28/04/2011 → 26/04/2029
Katleen Van Havere	Director23/12/2021 → 22/04/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Participatiemaatschappij Vlaanderen0455.777.660Represented by Steven Adons	Director28/04/2016 → 2018 accounts
Filip Merckx	Director23/04/2015 → 2016 accounts

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COOPERATIEF ONDERNEMEN IN RATIONEEL ENERGIEGEBRUIK● Active	0845.955.806
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FIDIMEC● Active	0471.513.733
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IMEC GROEP BTW eenheid● Active	0834.775.664
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imec.istart Partners● Active	0671.820.119
IMEC MNO Group● Active	1014.026.518
imec.xpand● Active	0671.931.371
imec.xpand II● Active	0784.720.102
International Microelectronics and Packaging Society - Benelux● Active	0416.290.841
Interuniversitair Micro-Electronica Centrum● Active	0425.260.668
Lam Research Belgium● Active	0561.862.008
Micron Technology Belgium● Active	0821.825.075
Roger Van Overstraeten Society● Active	0472.880.542
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XPAND Partners● Active	0671.820.020

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	20/05/2026	22/05/2025	24/05/2024	23/05/2023	13/06/2022	25/05/2021
General meeting	23/04/2026	24/04/2025	25/04/2024	27/04/2023	28/04/2022	22/04/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	23/04/2026	20/05/2026	Dutch	PDF
Full model	31/12/2024	24/04/2025	22/05/2025	Dutch	PDF
Full model	31/12/2023	25/04/2024	24/05/2024	Dutch	PDF
Full model	31/12/2022	27/04/2023	23/05/2023	Dutch	PDF
Full model	31/12/2021	28/04/2022	13/06/2022	Dutch	PDF
Full model	31/12/2020	22/04/2021	25/05/2021	Dutch	PDF
Full model	31/12/2019	23/04/2020	12/05/2020	Dutch	PDF
Full model	31/12/2018	25/04/2019	21/05/2019	Dutch	PDF
Full model	31/12/2017	26/04/2018	28/05/2018	Dutch	PDF
Full model	31/12/2016	27/04/2017	29/05/2017	Dutch	PDF
Full model	31/12/2015	28/04/2016	27/05/2016	Dutch	PDF
Full model	31/12/2014	23/04/2015	08/05/2015	Dutch	PDF
Full model	31/12/2013	24/04/2014	09/05/2014	Dutch	PDF
Full model	31/12/2012	25/04/2013	14/05/2013	Dutch	PDF
Full model	31/12/2011	26/04/2012	04/05/2012	Dutch	PDF
Full model	31/12/2010	28/04/2011	25/05/2011	Dutch	PDF
Full model	31/12/2009	22/04/2010	30/06/2010	Dutch	PDF
Full model	31/12/2008	23/04/2009	19/05/2009	Dutch	PDF
Full model	31/12/2007	24/04/2008	23/05/2008	Dutch	PDF
Full model	31/12/2006	26/04/2007	31/05/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Johan Hanssens	Director12/10/2018 → 25/04/2030
Bart Van Bael	Director28/04/2011 → 26/04/2029
Katleen Van Havere	Director23/12/2021 → 22/04/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Participatiemaatschappij Vlaanderen0455.777.660Represented by Steven Adons	Director28/04/2016 → 2018 accounts
Filip Merckx	Director23/04/2015 → 2016 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates13/07/2026
Ontslag - benoeming commissaris
PDF
Mandates29/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/01/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/01/2019
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings12 filings

Mandates

Johan Hanssens

Bart Van Bael

Katleen Van Havere

Participatiemaatschappij Vlaanderen

Filip Merckx

André Vinck

198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

FINLAB

Kapeldreef 75, 3001 Heverlee

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kapeldreef 75, 3001 HeverleeCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00117317

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
FINLABCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00117317

Events

2025
Annual accounts 20251,3 M €↓
2024
Annual accounts 20241,3 M €↑
25/04/2024
reconductionJohan Hanssens · bestuurder
2023
Annual accounts 20231 M €↑
27/04/2023
reconductionBart Van Bael · bestuurder
27/04/2023
nominationEY Bedrijfsrevisoren BV · commissaris
2022
Annual accounts 2022454 k €↑
2019
Annual accounts 2019365,4 k €↓
2018
Annual accounts 2018976,5 k €↓
2017
Annual accounts 20171,5 M €↓
2016
Annual accounts 20161,7 M €↑
2015
Annual accounts 2015369,8 k €↓
2014
Annual accounts 2014724,8 k €↑
2013
Annual accounts 2013715,5 k €↓
2012
Annual accounts 2012777,8 k €
29/12/1983
IncorporationPublic limited company

FINLAB

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events