ACTIVE

FINASPAN

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Financial year 2025 · Closed on 31/12/2025

Net result1 M €+44,1 %over 1 year

Revenue12,4 M €+7,0 %over 1 year

Equity9,1 M €+11,1 %over 1 year

Workforce33,3 ETP+0,9 %over 1 year

Identity

Source · BCE/KBO

FINASPAN is a Public limited company incorporated in 1985. Its main activity is: Manufacture of veneer sheets and wood-based panels. Its registered office is in Boortmeerbeek. It employs on average 33,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0427.433.864
Incorporation: 21/06/1985
Legal form: Public limited company
Registered office: Stationsstraat 92
3191 Boortmeerbeek · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 33,3 ETP

Activities (NACE)

16210Manufacture of veneer sheets and wood-based panels· main 16210Manufacture of veneer sheets and wood-based panels 20200Manufacture of pesticides and other agrochemical products

Joint committees (2)

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	12,4 M €	+7.0%	11,6 M €	-11.6%	13,2 M €	+11.8%	11,8 M €	+12.9%	10,4 M €
EBITDA	1,8 M €	-4.1%	1,8 M €	-19.8%	2,3 M €	+68.3%	1,4 M €	-3.4%	1,4 M €
Operating result	1,3 M €	+26.5%	1 M €	-47.4%	1,9 M €	+80.8%	1,1 M €	-13.1%	1,2 M €
Net result	1 M €	+44.1%	698,4 k €	-55.0%	1,6 M €	+99.8%	776,3 k €	-14.2%	904,5 k €
Balance sheet
Equity	9,1 M €	+11.1%	8,2 M €	+7.9%	7,6 M €	+23.7%	6,1 M €	+12.4%	5,5 M €
Total assets	11,1 M €	+6.0%	10,5 M €	+3.0%	10,2 M €	+17.5%	8,7 M €	+12.5%	7,7 M €
Cash	3,9 M €	-18.6%	4,8 M €	+22.1%	3,9 M €	+43.8%	2,7 M €	+28.0%	2,1 M €
Debts	2 M €	-11.8%	2,3 M €	-11.3%	2,6 M €	+4.4%	2,5 M €	+12.9%	2,2 M €
Other
Workforce	33,3 ETP	+0.9%	33,0 ETP	0.0%	33,0 ETP	+8.6%	30,4 ETP	+0.7%	30,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CAROLINE MARIEN	MandateDirector2021 accountsended
CHARLES MARIEN	MandateDirector2021 accountsended
LOUIS MARIEN	Mandate
MARTIN HANKAR	MandateDirector2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SOPHIE² MARIEN	Mandate2006 accounts

Other companies at this address

Stationsstraat 92 3191 Boortmeerbeek

Company	CBE no.
FINAMAR● Active	0427.500.675
Immobiliën Heverveld● Active	0422.649.388
MARFIN HOLDING● Active	0766.599.017

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	06/10/2026	15/07/2025	26/06/2024	14/06/2023	14/06/2022	01/10/2021
General meeting	15/05/2026	15/07/2025	26/06/2024	19/05/2023	20/05/2022	28/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/05/2026	06/10/2026	Dutch	PDF
Full model	31/12/2024	15/07/2025	15/07/2025	Dutch	PDF
Full model	31/12/2023	26/06/2024	26/06/2024	Dutch	PDF
Full model	31/12/2022	19/05/2023	14/06/2023	Dutch	PDF
Full model	31/12/2021	20/05/2022	14/06/2022	Dutch	PDF
Full modelCorrection	31/12/2020	28/05/2021	01/10/2021	Dutch	PDF
Full model	31/12/2020	28/05/2021	10/06/2021	Dutch	PDF
Full model	31/12/2019	28/05/2020	24/06/2020	Dutch	PDF
Full model	31/12/2018	17/05/2019	03/06/2019	Dutch	PDF
Full model	31/12/2017	18/05/2018	04/06/2018	Dutch	PDF
Full model	31/12/2016	19/05/2017	12/06/2017	Dutch	PDF
Full model	31/12/2015	20/05/2016	10/06/2016	Dutch	PDF
Full model	31/12/2014	17/05/2015	21/05/2015	Dutch	PDF
Full model	31/12/2013	16/05/2014	04/06/2014	Dutch	PDF
Full model	31/12/2012	17/05/2013	11/06/2013	Dutch	PDF
Full model	31/12/2011	18/05/2012	14/06/2012	Dutch	PDF
Full model	31/12/2010	20/05/2011	24/06/2011	Dutch	PDF
Full model	31/12/2009	15/05/2010	28/06/2010	Dutch	PDF
Full model	31/12/2008	16/05/2009	18/06/2009	Dutch	PDF
Full model	31/12/2007	16/05/2008	13/06/2008	Dutch	PDF
Full model	31/12/2006	18/05/2007	11/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

4 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CAROLINE MARIEN	MandateDirector2021 accountsended
CHARLES MARIEN	MandateDirector2021 accountsended
LOUIS MARIEN	Mandate
MARTIN HANKAR	MandateDirector2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SOPHIE² MARIEN	Mandate2006 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates14/10/2026
DIVERSEN, ADRES ANDERS DAN DE ZETEL, ONTSLAGEN, BENOEMINGEN
PDF
Mandates30/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/12/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/05/2010
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

Filings20 filings

Mandates

CAROLINE MARIEN

CHARLES MARIEN

LOUIS MARIEN

MARTIN HANKAR

SOPHIE² MARIEN

198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

FINASPAN

Stationsstraat 92, 3191 Hever

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Stationsstraat 92, 3191 HeverCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00547995

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
FINASPANCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00547995

Events

2025
Annual accounts 20251 M €↑
2024
Annual accounts 2024698,4 k €↓
2023
Annual accounts 20231,6 M €↑
2022
Annual accounts 2022776,3 k €↓
2021
Annual accounts 2021904,5 k €↑
2020
Annual accounts 2020259,4 k €↑
2019
Annual accounts 2019188,4 k €↓
2018
Annual accounts 2018308,5 k €↓
2017
Annual accounts 2017378,8 k €↑
2016
Annual accounts 2016285,4 k €↑
2015
Annual accounts 201534,2 k €↑
2014
Annual accounts 2014-110,6 k €↑
2013
Annual accounts 2013-164,2 k €↓
2012
Annual accounts 20121,4 M €↑
2011
Annual accounts 2011-32,3 k €↓
2010
Annual accounts 201072,3 k €↑
2009
Annual accounts 2009-183,9 k €↑
2008
Annual accounts 2008-576,7 k €↓
2007
Annual accounts 200775,8 k €↓
2006
Annual accounts 200680,4 k €
21/06/1985
IncorporationPublic limited company

FINASPAN

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