FINART
0429.486.405 · rovalta.com · 23/09/2026
NORMAL SITUATION
FINART
Financial year 2024 · closed on 30/09/2024
Net result
382,8 k €
+168.9% YoY
Gross margin
-52,1 k €
-485.5% YoY
Equity
320,5 k €
-53.4% YoY
Company — Normal situation.
Overview
What does FINART do?
FINART is a company registered in Belgium.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0429.486.405
Legal form
Private limited company
Contributed capital
3 679 330,86 €
Latest accounts
30/09/2024
Joint committees (3)
- 200
- 2000
- 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowHealthy social debts
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Financials
Trend over 16 financial years
| 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||
| Gross margin | -52,1 k € | -485% | -8,9 k € | -116% | 55 k € | – | – | – | – | – | – | – | – | – | – | 77,6 k € | +111% | 36,9 k € | -57.0% | 85,7 k € | |||||||||||
| EBITDA | -53,9 k € | +13.0% | -61,9 k € | -178% | -22,3 k € | +82.7% | -129,3 k € | -361% | 49,4 k € | -47.4% | 94 k € | +20.3% | 78,1 k € | +0.1% | 78,1 k € | -8.2% | 85 k € | +153% | 33,6 k € | -31.4% | 49 k € | -18.4% | 60,1 k € | -28.5% | 84 k € | +9.6% | 76,7 k € | +113% | 35,9 k € | -57.6% | 84,8 k € |
| Operating result | -63,9 k € | +14.2% | -74,5 k € | -205% | -24,4 k € | +81.7% | -133,6 k € | -399% | 44,7 k € | -40.5% | 75 k € | +29.8% | 57,8 k € | -1.8% | 58,8 k € | -11.5% | 66,5 k € | +236% | 19,8 k € | -59.7% | 49 k € | -18.4% | 60,1 k € | -28.5% | 84 k € | +9.6% | 76,7 k € | +113% | 35,9 k € | -57.6% | 84,8 k € |
| Net result | 382,8 k € | +169% | 142,4 k € | +125% | -565,7 k € | -458% | 158,1 k € | +111% | -1,4 M € | +33.1% | -2,1 M € | -11694% | 18,4 k € | +12.7% | 16,3 k € | -13.5% | 18,9 k € | +182% | -22,9 k € | -504% | 5,7 k € | -71.9% | 20,2 k € | -45.0% | 36,7 k € | -2.3% | 37,6 k € | +305% | 9,3 k € | -84.0% | 57,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||
| Equity | 320,5 k € | -53.4% | 687,7 k € | -77.8% | 3,1 M € | -15.4% | 3,7 M € | -0.1% | 3,7 M € | -28.0% | 5,1 M € | -29.5% | 7,2 M € | +0.3% | 7,2 M € | +0.2% | 7,2 M € | +0.3% | 7,2 M € | -0.3% | 7,2 M € | +0.1% | 7,2 M € | +955% | 681,2 k € | +5.7% | 644,5 k € | +6.2% | 606,9 k € | +1.6% | 597,6 k € |
| Total assets | 340,4 k € | -61.7% | 888,8 k € | -73.6% | 3,4 M € | -17.7% | 4,1 M € | -31.7% | 6 M € | -19.7% | 7,4 M € | -23.3% | 9,7 M € | +1.1% | 9,6 M € | +4.7% | 9,2 M € | +14.5% | 8 M € | +1.5% | 7,9 M € | -0.8% | 7,9 M € | +491% | 1,3 M € | +0.7% | 1,3 M € | -3.9% | 1,4 M € | -0.2% | 1,4 M € |
| Cash | 197,8 k € | +644% | 26,6 k € | -57.0% | 61,8 k € | -97.3% | 2,3 M € | +813091% | 281,8 € | -96.6% | 8,3 k € | +2475% | 323,1 € | -91.8% | 3,9 k € | -51.6% | 8,1 k € | +108% | 3,9 k € | -32.4% | 5,8 k € | -1.7% | 5,9 k € | +200% | 2 k € | -15.0% | 2,3 k € | -63.6% | 6,3 k € | -51.2% | 13 k € |
| Debts | 17,8 k € | -82.4% | 101,1 k € | -37.3% | 161,4 k € | -47.8% | 309,2 k € | -86.6% | 2,3 M € | -1.7% | 2,3 M € | -4.9% | 2,5 M € | +3.8% | 2,4 M € | +21.0% | 2 M € | +139% | 820,7 k € | +20.5% | 681 k € | -9.1% | 749,1 k € | +13.3% | 661,2 k € | -3.9% | 688,2 k € | -11.8% | 780 k € | -1.5% | 792,3 k € |
| Other | |||||||||||||||||||||||||||||||
| Workforce | – | 0,3 ETP | -70.0% | 1,0 ETP | 0.0% | 1,0 ETP | -63.0% | 2,7 ETP | -10.0% | 3,0 ETP | 0.0% | 3,0 ETP | 0.0% | 3,0 ETP | +7.1% | 2,8 ETP | -6.7% | 3,0 ETP | 0.0% | 3,0 ETP | 0.0% | 3,0 ETP | – | – | – | – | |||||
Governance
Board of directors
Seen on filing of 30/09/2024 · 2 active · 15 ended
Active mandates
Geert Behaegel
ActiveLieve Govaere
ActiveEnded mandates
Geert Behaegel
EndedGeert BEHAEGEL
EndedLieve Govaere
EndedLieve GOVAERE
EndedFinancials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Full model | Full model | Full model |
| Start of the financial year | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 | 01/10/2018 |
| Closing of the financial year | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 | 30/09/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 31/03/2025 | 29/04/2024 | 23/03/2023 | 28/04/2022 | 29/04/2021 | 30/04/2020 |
| General meeting | 29/03/2025 | 30/03/2024 | 25/02/2023 | 31/03/2022 | 30/03/2021 | 07/04/2020 |
| 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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Annual accounts filings
38 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/09/2024 | 29/03/2025 | 31/03/2025 | Dutch | |
| Abridged model | 30/09/2023 | 30/03/2024 | 29/04/2024 | Dutch | |
| Abridged model | 30/09/2022 | 25/02/2023 | 23/03/2023 | Dutch | |
| Full model | 30/09/2021 | 31/03/2022 | 28/04/2022 | Dutch | |
| Full model | 30/09/2020 | 30/03/2021 | 29/04/2021 | Dutch | |
| Full model | 30/09/2019 | 07/04/2020 | 30/04/2020 | Dutch | |
| Full model | 30/09/2018 | 02/03/2019 | 29/03/2019 | Dutch | |
| Full model | 30/09/2017 | 16/03/2018 | 05/04/2018 | Dutch | |
| Full model | 30/09/2016 | 25/02/2017 | 17/03/2017 | Dutch | |
| Full model | 30/09/2015 | 27/02/2016 | 29/02/2016 | Dutch | |
| Full model | 30/09/2014 | 28/02/2015 | 20/03/2015 | Dutch | |
| Full model | 30/09/2013 | 22/02/2014 | 10/03/2014 | Dutch | |
| Full model | 30/09/2012 | 23/02/2013 | 07/03/2013 | Dutch | |
| Full model | 30/09/2011 | 21/12/2011 | 24/02/2012 | Dutch | |
| Full model | 30/09/2010 | 26/02/2011 | 24/03/2011 | Dutch | |
| Abridged model | 30/09/2009 | 27/03/2010 | 28/04/2010 | Dutch | |
| Abridged model | 30/09/2008 | 28/02/2009 | 24/03/2009 | Dutch | |
| Abridged model | 30/09/2007 | 23/02/2008 | 25/03/2008 | Dutch | |
| Abridged model | 30/09/2006 | 24/02/2007 | 02/03/2007 | Dutch | |
| Abridged model | 30/09/2005 | 25/02/2006 | 02/03/2006 | Dutch | |
| Abridged model | 30/09/2004 | 26/02/2005 | 02/03/2005 | Dutch | |
| Abridged model | 30/09/2003 | 28/02/2004 | 02/03/2004 | Dutch | |
| Abridged model | 30/09/2002 | 22/02/2003 | 27/03/2003 | Dutch | |
| Abridged model | 30/09/2001 | 23/02/2002 | 07/03/2002 | Dutch |
Valuation
Estimate
Indicative valuation
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 30/09/2024 · 2 active · 15 ended
Active mandates
Geert Behaegel
ActiveLieve Govaere
ActiveEnded mandates
Geert Behaegel
EndedGeert BEHAEGEL
EndedLieve Govaere
EndedLieve GOVAERE
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Court decision14/10/2025RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
- Mandates18/07/2023DIVERSEN, ONTSLAGEN, BENOEMINGEN, ALGEMENE
- Other21/02/2012STATUTENWIJZIGING - OMZETTING IN BESLOTEN VENNOOTSCHAP MET |
- Other03/02/2011STATUTENWIJZIGING E
- Mandates18/03/2005ONTSLAGEN - 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
- 2024Annual accounts 2024382,8 k €↑
- 2023Annual accounts 2023142,4 k €↑
- 2022Annual accounts 2022-565,7 k €↓
- 2021Annual accounts 2021158,1 k €↑
- 2018Annual accounts 2018-1,4 M €↑
- 2017Annual accounts 2017-2,1 M €↓
- 2016Annual accounts 201618,4 k €↑
- 2015Annual accounts 201516,3 k €↓
- 2014Annual accounts 201418,9 k €↑
- 2013Annual accounts 2013-22,9 k €↓
- 2012Annual accounts 20125,7 k €↓
- 2011Annual accounts 201120,2 k €↓
- 2010Annual accounts 201036,7 k €↓
- 2009Annual accounts 200937,6 k €↑
- 2008Annual accounts 20089,3 k €↓
- 2007Annual accounts 200757,9 k €