ACTIVE

FINALE

Financial year 2025 · closed on 31/12/2025
Net result
-4,2 k €
+50.4% YoY
Gross margin
67,8 k €
+30.1% YoY
Equity
814,4 k €
-0.5% YoY

What does FINALE do?

FINALE is a Public limited company incorporated in 1988. Its registered office is in Knokke-Heist.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0434.508.035
Incorporation
07/06/1988
Legal form
Public limited company
Registered office
De Kinkhoorn 7
8301 Knokke-Heist · FlandreSee on map
Contributed capital
61 973,38 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin67,8 k €52,1 k €44,6 k €61,3 k €87,3 k €131,1 k €64,3 k €1 M €103,4 k €130,8 k €133 k €128 k €134,7 k €139,2 k €152 k €154 k €135,6 k €133,4 k €118,1 k €
EBITDA53,9 k €39,4 k €33,1 k €50 k €76,3 k €121 k €55,4 k €1 M €117,6 k €85,6 k €118,4 k €113,5 k €117,6 k €125 k €138,3 k €140 k €122 k €121,4 k €106,5 k €
Operating result-4,3 k €-15,3 k €-18 k €6 k €33,5 k €77,4 k €11,5 k €957,3 k €49,9 k €16,6 k €51,3 k €48,7 k €51,6 k €58,2 k €70,8 k €71,3 k €53,7 k €52,3 k €48 k €
Net result-4,2 k €-8,5 k €-18,1 k €3,7 k €21 k €47,8 k €2,5 k €617,9 k €27,2 k €2,8 k €-14,9 k €12,3 k €14,8 k €15,2 k €28,9 k €-23,1 k €-456 €-30,8 k €2,3 k €
Balance sheet
Equity814,4 k €818,6 k €827,1 k €845,2 k €841,5 k €809,8 k €762 k €759,5 k €141,6 k €114,4 k €111,6 k €126,4 k €114,2 k €99,3 k €84,1 k €55,2 k €78,2 k €78,7 k €109,5 k €
Total assets962,7 k €1 M €1,1 M €1 M €1 M €1,1 M €1,9 M €2 M €1,2 M €1,2 M €1,3 M €1,3 M €1,4 M €1,5 M €1,5 M €1,6 M €1,7 M €1,7 M €1,6 M €
Cash332,2 k €352,4 k €1,4 k €6,4 k €1,7 k €5,8 k €682,7 k €772,7 k €39,5 k €12,3 k €6,1 k €4,8 k €8 k €8,7 k €20 k €25,2 k €13,7 k €25,1 k €16 k €
Debts148,4 k €206 k €246,7 k €189,1 k €205,7 k €328,3 k €1,2 M €1,2 M €1 M €1,1 M €1,2 M €1,2 M €1,3 M €1,4 M €1,5 M €1,6 M €1,6 M €1,7 M €1,5 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

Frans De Valck

Director · since 18 décembre 2023 · until 18 décembre 2029

Active

Ended mandates

FRANS DE VALCK

Director · since 31 août 2018 · until 30 mai 2024

Ended
Frans De Valck

Managing director · since 31 mai 2018 · until 30 mai 2024

Ended
Jeannine Stuyck

Director · since 31 mai 2018 · until 30 mai 2024

Ended
Frans De Valck

Managing director · since 30 mai 2012 · until 30 mai 2018

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date11/08/202629/07/202524/07/202429/06/202319/08/202220/08/2021
General meeting30/05/202630/05/202530/05/202430/05/202330/05/202230/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/05/202611/08/2026DutchPDF
Micro model31/12/202430/05/202529/07/2025DutchPDF
Micro model31/12/202330/05/202424/07/2024DutchPDF
Micro model31/12/202230/05/202329/06/2023DutchPDF
Micro model31/12/202130/05/202219/08/2022DutchPDF
Micro model31/12/202030/05/202120/08/2021DutchPDF
Micro model31/12/201930/05/202031/08/2020DutchPDF
Micro model31/12/201831/05/201927/08/2019DutchPDF
Micro model31/12/201730/05/201831/08/2018DutchPDF
Micro model31/12/201630/05/201728/08/2017DutchPDF
Abridged model31/12/201530/05/201626/08/2016DutchPDF
Abridged model31/12/201430/05/201531/08/2015DutchPDF
Abridged model31/12/201330/05/201429/08/2014DutchPDF
Abridged model31/12/201230/05/201328/08/2013DutchPDF
Abridged model31/12/201130/05/201228/08/2012DutchPDF
Abridged model31/12/201030/05/201131/08/2011DutchPDF
Abridged model31/12/200930/05/201030/08/2010DutchPDF
Abridged model31/12/200830/05/200931/08/2009DutchPDF
Abridged model31/12/200730/05/200829/08/2008DutchPDF
Abridged model31/12/200630/05/200730/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

Frans De Valck

Director · since 18 décembre 2023 · until 18 décembre 2029

Active

Ended mandates

FRANS DE VALCK

Director · since 31 août 2018 · until 30 mai 2024

Ended
Frans De Valck

Managing director · since 31 mai 2018 · until 30 mai 2024

Ended
Jeannine Stuyck

Director · since 31 mai 2018 · until 30 mai 2024

Ended
Frans De Valck

Managing director · since 30 mai 2012 · until 30 mai 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office11/04/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/09/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/01/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates15/10/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/12/2009
    MAATSCHAPPELIJKE ZETEL
    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

Timeline

  1. 2025
    Annual accounts 2025-4,2 k €
  2. 2024
    Annual accounts 2024-8,5 k €
  3. 2023
    Annual accounts 2023-18,1 k €
  4. 2022
    Annual accounts 20223,7 k €
  5. 2021
    Annual accounts 202121 k €
  6. 2019
    Annual accounts 201947,8 k €
  7. 2018
    Annual accounts 20182,5 k €
  8. 2017
    Annual accounts 2017617,9 k €
  9. 2016
    Annual accounts 201627,2 k €
  10. 2015
    Annual accounts 20152,8 k €
  11. 2014
    Annual accounts 2014-14,9 k €
  12. 2013
    Annual accounts 201312,3 k €
  13. 2012
    Annual accounts 201214,8 k €
  14. 2011
    Annual accounts 201115,2 k €
  15. 2010
    Annual accounts 201028,9 k €
  16. 2009
    Annual accounts 2009-23,1 k €
  17. 2008
    Annual accounts 2008-456 €
  18. 2007
    Annual accounts 2007-30,8 k €
  19. 2006
    Annual accounts 20062,3 k €
  20. 07/06/1988
    IncorporationPublic limited company