ACTIVE

FIN - ART

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Financial year 2025 · Closed on 31/12/2025

Net result-201,3 k €-82,5 %over 1 year
Gross margin875,7 k €-0,4 %over 1 year
Equity14,3 M €-1,4 %over 1 year
Workforce1,9 ETP+5,6 %over 1 year

Identity

Source · BCE/KBO

FIN - ART is a Public limited company incorporated in 1989. Its registered office is in Harelbeke. It employs on average 1,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0439.607.661
Incorporation
18/12/1989
Legal form
Public limited company
Registered office
Kantstraat 1
8531 Harelbeke · FlandreSee on map
Contributed capital
8 127 407,25 €
Latest accounts
31/12/2025
Average workforce
1,9 ETP
Joint committees (2)
  • 200
  • 218
Signals
Solid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 10 financial years

20252024202320222021
Income statement
Gross margin875,7 k €879,3 k €–––
EBITDA526,4 k €558,8 k €547,4 k €402,6 k €1,6 M €
Operating result147,2 k €164,2 k €143,2 k €-18,1 k €1,2 M €
Net result-201,3 k €-110,3 k €-134,2 k €3,1 M €616,8 k €
Balance sheet
Equity14,3 M €14,5 M €14,7 M €14,8 M €11,7 M €
Total assets22,9 M €23,7 M €25 M €26,3 M €23,2 M €
Cash97,4 k €116,1 k €267,4 k €3,9 M €284,8 k €
Debts7,4 M €8 M €9,1 M €10,3 M €10,2 M €
Other
Workforce1,9 ETP1,8 ETP1,8 ETP1,8 ETP1,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 21 ended

Active mandates

Guy Verstraete

Managing director · since 28 juin 2024 · until 30 mai 2029

Active
Philippe Jonas

Director · since 28 juin 2024 · until 30 mai 2029

Active

Ended mandates

Guy Verstraete

Chairman of the board of directors · since 19 juin 2018 · until 29 mai 2024

Ended
Guy Verstraete

Managing director · since 19 juin 2018 · until 29 mai 2024

Ended
Jonas Philippe

Director · since 19 juin 2018 · until 29 mai 2024

Ended
MASUREEL INTERNATIONAL

Director · since 19 juin 2018 · until 05 novembre 2019 · 0439.285.680

Represented by Guy Verstraete

Ended

Other companies at this address

Kantstraat 1 8531 Harelbeke
CompanyCBE no.
FINEDIS● Active
0509.947.311
MASUREEL INTERNATIONAL● Active
0439.285.680

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelFull modelFull modelFull modelFull 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 date28/07/202608/07/202515/07/202404/07/202331/08/202231/08/2021
General meeting25/06/202623/06/202528/06/202405/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202628/07/2026DutchPDF
Abridged model31/12/202423/06/202508/07/2025DutchPDF
Full model31/12/202328/06/202415/07/2024DutchPDF
Full model31/12/202205/06/202304/07/2023DutchPDF
Full model31/12/202130/06/202231/08/2022DutchPDF
Full model31/12/202030/06/202131/08/2021DutchPDF
Full model31/12/201930/06/202016/07/2020DutchPDF
Full model31/12/201831/07/201928/08/2019DutchPDF
Full model31/12/201719/06/201826/06/2018DutchPDF
Full model31/12/201614/08/201729/08/2017DutchPDF
Full model31/12/201501/07/201606/07/2016DutchPDF
Full model31/12/201421/08/201531/08/2015DutchPDF
Abridged model31/12/201328/05/201421/08/2014DutchPDF
Abridged model30/06/201221/09/201218/12/2012DutchPDF
Abridged model30/06/201116/03/201222/05/2012DutchPDF
Abridged model30/06/201028/03/201115/04/2011DutchPDF
Abridged model30/06/200903/04/201008/04/2010DutchPDF
Abridged model30/06/200803/04/200911/05/2009DutchPDF
Abridged model30/06/200708/12/200729/02/2008DutchPDF
Abridged model30/06/200609/12/200630/01/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 21 ended

Active mandates

Guy Verstraete

Managing director · since 28 juin 2024 · until 30 mai 2029

Active
Philippe Jonas

Director · since 28 juin 2024 · until 30 mai 2029

Active

Ended mandates

Guy Verstraete

Chairman of the board of directors · since 19 juin 2018 · until 29 mai 2024

Ended
Guy Verstraete

Managing director · since 19 juin 2018 · until 29 mai 2024

Ended
Jonas Philippe

Director · since 19 juin 2018 · until 29 mai 2024

Ended
MASUREEL INTERNATIONAL

Director · since 19 juin 2018 · until 05 novembre 2019 · 0439.285.680

Represented by Guy Verstraete

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other30/01/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Mandates09/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares15/01/2018
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring31/01/2017
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring29/11/2016
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates19/07/2013
    ONTSLAGEN - BENOEMINGEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

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 2025-201,3 k €↓
  2. 2024
    Annual accounts 2024-110,3 k €↑
  3. 2023
    Annual accounts 2023-134,2 k €↓
  4. 2022
    Annual accounts 20223,1 M €↑
  5. 2021
    Annual accounts 2021616,8 k €↑
  6. 2011
    Annual accounts 2011128,2 k €↑
  7. 2010
    Annual accounts 201051 k €↑
  8. 2009
    Annual accounts 200920,3 k €↑
  9. 2008
    Annual accounts 200813,8 k €↓
  10. 2007
    Annual accounts 200762,4 k €
  11. 18/12/1989
    IncorporationPublic limited company