ACTIVE

FINORIM

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-41,9 k €

+40.1% YoY

Gross margin

43,1 k €

+0.8% YoY

Equity

288,2 k €

-12.7% YoY

What does FINORIM do?

FINORIM is a Public limited company incorporated in 1988. Its main activity is: Real estate agencies. Its registered office is in Saint-Josse-ten-Noode.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.306.702

Incorporation

16/09/1988

Legal form

Public limited company

Registered office

Rue Bonneels 13
1210 Saint-Josse-ten-Noode · BruxellesSee on map

Contributed capital

148 800,00 €

Latest accounts

31/12/2025

Activities (NACE)

68310Real estate agencies· main 68311Real estate agencies 70200Management consultancy activities 70220Business and other management consultancy activities 70311Activities of head offices; management consultancy activities

Joint committees (2)

Signals

Solid equityHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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	43,1 k €	+0.8%	42,7 k €	+198%	14,3 k €	-26.3%	19,4 k €	-26.9%	26,6 k €	+3.3%	25,7 k €	-59.0%	62,8 k €	-15.5%	74,3 k €	+23.3%	60,2 k €	-16.5%	72,1 k €	+28.8%	56 k €	+10.9%	50,5 k €	+8.0%	46,7 k €	-48.2%	90,3 k €	+2.5%	88,1 k €	+15.5%	76,3 k €	-3.0%	78,6 k €	-15.0%	92,5 k €	+22.7%	75,3 k €	-19.7%	93,8 k €
EBITDA	-26,4 k €	-10.0%	-24 k €	+57.0%	-55,8 k €	-69.6%	-32,9 k €	-138%	-13,8 k €	-168%	20,3 k €	-64.9%	57,6 k €	-16.3%	68,9 k €	+24.2%	55,5 k €	+282%	14,5 k €	+286%	-7,8 k €	-120%	39,3 k €	+188%	13,7 k €	-48.8%	26,7 k €	+6.9%	25 k €	+94.4%	12,8 k €	-21.0%	16,3 k €	-54.5%	35,8 k €	+79.2%	20 k €	-45.5%	36,6 k €
Operating result	-36,3 k €	-7.1%	-34 k €	+49.9%	-67,8 k €	-46.8%	-46,2 k €	-63.5%	-28,2 k €	-608%	5,6 k €	-86.7%	41,9 k €	-24.7%	55,6 k €	+27.2%	43,7 k €	+1161%	3,5 k €	+117%	-20,3 k €	-220%	16,8 k €	+276%	-9,5 k €	-469%	2,6 k €	+149%	-5,2 k €	+68.4%	-16,6 k €	-419%	-3,2 k €	-120%	15,9 k €	+10057%	157 €	-99.4%	24,4 k €
Net result	-41,9 k €	+40.1%	-69,9 k €	-4.8%	-66,7 k €	-13.9%	-58,5 k €	-17.7%	-49,7 k €	-462%	13,7 k €	-79.8%	68,1 k €	-21.8%	87 k €	+106%	42,2 k €	+5130%	806,2 €	+104%	-22,9 k €	-285%	12,4 k €	+183%	-14,9 k €	-177%	-5,4 k €	+67.7%	-16,7 k €	-118%	92,9 k €	+662%	-16,5 k €	-1524%	1,2 k €	+108%	-13,7 k €	-304%	6,7 k €
Balance sheet
Equity	288,2 k €	-12.7%	330 k €	+65.1%	199,9 k €	-25.0%	266,6 k €	-18.0%	325,1 k €	-13.3%	374,8 k €	+3.8%	361,1 k €	+17.6%	307 k €	+39.6%	220 k €	+23.7%	177,8 k €	+0.5%	177 k €	-11.4%	199,9 k €	+6.6%	187,5 k €	-7.4%	202,4 k €	-2.6%	207,8 k €	-7.4%	224,4 k €	+70.7%	131,5 k €	-11.2%	148 k €	+0.8%	146,9 k €	-8.5%	160,6 k €
Total assets	550 k €	-5.3%	581 k €	-0.6%	584,8 k €	+5.3%	555,2 k €	-5.4%	587,2 k €	-6.1%	625,2 k €	-2.7%	642,2 k €	-1.1%	649,6 k €	+85.7%	349,8 k €	-3.2%	361,4 k €	-0.5%	363,4 k €	-3.4%	376,1 k €	-5.4%	397,4 k €	-12.1%	452 k €	+1.9%	443,4 k €	-11.3%	499,9 k €	-9.9%	555 k €	-0.2%	556 k €	-2.0%	567,5 k €	-20.5%	714,3 k €
Cash	1,5 k €		–		6 k €	+385%	1,2 k €	-69.5%	4,1 k €	-63.1%	11 k €	+4.2%	10,5 k €	+391%	2,1 k €	+67.2%	1,3 k €	-51.3%	2,6 k €	+1315%	186,3 €	-92.5%	2,5 k €	+73.0%	1,4 k €	+888%	144,9 €	-14.0%	168,6 €	-94.6%	3,1 k €	+149%	1,2 k €	-60.2%	3,1 k €	+36.6%	2,3 k €	-24.3%	3 k €
Debts	261,8 k €	+4.3%	251 k €	-34.8%	384,8 k €	+33.3%	288,7 k €	+10.1%	262,1 k €	+4.7%	250,3 k €	-10.9%	281,1 k €	-18.0%	342,6 k €	+164%	129,8 k €	-29.3%	183,6 k €	-1.5%	186,4 k €	+5.8%	176,2 k €	-16.0%	209,9 k €	-15.9%	249,6 k €	+5.9%	235,6 k €	-14.5%	275,5 k €	-35.0%	423,6 k €	+3.8%	408 k €	-3.0%	420,7 k €	-24.0%	553,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 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 · 1 active · 16 ended

Active mandates

Marc PELLEGRINI

Director · since 13 décembre 2023

Active

Ended mandates

Marc PELLEGRINI

Managing director · since 26 mai 2014 · until 26 mai 2020

Ended

Matteo PELLEGRINI

Director · since 26 mai 2014 · until 26 mai 2020

Ended

Matteo PELLEGRINI

Director · since 26 mai 2014 · until 13 décembre 2023

Ended

Serge PELLEGRINI

Director · since 26 mai 2014 · until 26 mai 2020

Ended

At this address

Other companies at this address

Company	CBE no.
SEMALU● Active	0425.229.390
TANKING RESEARCH● Active	0432.062.150
WILDERNESS● Active	0803.247.694
Winners Team● Active	0458.226.317
WODBOX● Bankrupt	0542.758.649

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	10/08/2026	02/06/2025	20/06/2024	27/07/2023	13/06/2022	30/06/2021
General meeting	26/05/2026	27/05/2025	28/05/2024	30/05/2023	31/05/2022	25/05/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/05/2026	10/08/2026	French	PDF
Micro model	31/12/2024	27/05/2025	02/06/2025	French	PDF
Micro model	31/12/2023	28/05/2024	20/06/2024	French	PDF
Micro model	31/12/2022	30/05/2023	27/07/2023	French	PDF
Micro model	31/12/2021	31/05/2022	13/06/2022	French	PDF
Micro model	31/12/2020	25/05/2021	30/06/2021	French	PDF
Micro model	31/12/2019	26/05/2020	10/08/2020	French	PDF
Micro model	31/12/2018	28/05/2019	04/06/2019	French	PDF
Micro model	31/12/2017	29/05/2018	14/06/2018	French	PDF
Micro model	31/12/2016	30/05/2017	21/06/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	11/08/2016	French	PDF
Abridged model	31/12/2014	26/05/2015	16/06/2015	French	PDF
Abridged model	31/12/2013	27/05/2014	13/06/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	26/07/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	16/07/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	09/08/2011	French	PDF
Abridged model	31/12/2009	25/05/2010	21/06/2010	French	PDF
Abridged model	31/12/2008	26/05/2009	22/06/2009	French	PDF
Abridged model	31/12/2007	27/05/2008	23/06/2008	French	PDF
Abridged model	31/12/2006	29/05/2007	06/06/2007	French	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 · 1 active · 16 ended

Active mandates

Marc PELLEGRINI

Director · since 13 décembre 2023

Active

Ended mandates

Marc PELLEGRINI

Managing director · since 26 mai 2014 · until 26 mai 2020

Ended

Matteo PELLEGRINI

Director · since 26 mai 2014 · until 26 mai 2020

Ended

Matteo PELLEGRINI

Director · since 26 mai 2014 · until 13 décembre 2023

Ended

Serge PELLEGRINI

Director · since 26 mai 2014 · until 26 mai 2020

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates12/09/2014
DEMISSIONS, NOMINATIONS
PDF
Capital / shares06/01/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates14/08/2008
DEMISSIONS, NOMINATIONS
PDF
Restructuring09/07/2007
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring17/04/2007
DIVERS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates05/11/2002
DEMISSIONS, NOMINATIONS
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 2025-41,9 k €↑
2024
Annual accounts 2024-69,9 k €↓
2023
Annual accounts 2023-66,7 k €↓
2022
Annual accounts 2022-58,5 k €↓
2021
Annual accounts 2021-49,7 k €↓
2020
Annual accounts 202013,7 k €↓
2019
Annual accounts 201968,1 k €↓
2018
Annual accounts 201887 k €↑
2017
Annual accounts 201742,2 k €↑
2016
Annual accounts 2016806,2 €↑
2015
Annual accounts 2015-22,9 k €↓
2014
Annual accounts 201412,4 k €↑
2013
Annual accounts 2013-14,9 k €↓
2012
Annual accounts 2012-5,4 k €↑
2011
Annual accounts 2011-16,7 k €↓
2010
Annual accounts 201092,9 k €↑
2009
Annual accounts 2009-16,5 k €↓
2008
Annual accounts 20081,2 k €↑
2007
Annual accounts 2007-13,7 k €↓
2006
Annual accounts 20066,7 k €
16/09/1988
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

FINORIM

Overview

What does FINORIM do?

Trend over 20 financial years

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