ACTIVE

FISCO

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Financial year 2025 · closed on 31/12/2025

Net result

38,6 k €

-1.6% YoY

Revenue

40 k €

-38.6% YoY

Equity

517,3 k €

-1.3% YoY

What does FISCO do?

FISCO is a Private limited company incorporated in 1990. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0440.321.008

Incorporation

26/04/1990

Legal form

Private limited company

Registered office

Brusselsesteenweg 704 B
9050 Gent · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

69201Accounting, bookkeeping and auditing activities; tax consultancy· main 69202Accounting, bookkeeping and auditing activities; tax consultancy 74121Specialised design activities 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ 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
Revenue	40 k €	-38.6%	65,1 k €	-63.6%	178,8 k €	+21.6%	147,1 k €	-2.5%	150,8 k €		–		–		–		145,2 k €	-2.0%	148,1 k €		–		–		–		–		–		–		–		–		–		–
EBITDA	62,4 k €	-33.0%	93,1 k €	-30.6%	134,2 k €	+34.9%	99,5 k €	+28.5%	77,4 k €	-41.5%	132,3 k €	+6.9%	123,7 k €	+67.1%	74 k €	-7.6%	80,1 k €	+3.0%	77,8 k €	+25.3%	62,1 k €	+0.4%	61,8 k €	+18.9%	52 k €	-11.5%	58,8 k €	-3.2%	60,7 k €	-42.4%	105,5 k €	+37.1%	76,9 k €	+5.3%	73 k €	+50.2%	48,6 k €	+71.9%	28,3 k €
Operating result	48 k €	-7.5%	51,9 k €	-61.1%	133,5 k €	+40.0%	95,3 k €	+30.1%	73,2 k €	-39.3%	120,7 k €	+4.2%	115,9 k €	+115%	53,8 k €	-10.2%	60 k €	-8.2%	65,3 k €	+41.2%	46,3 k €	-16.7%	55,5 k €	+21.7%	45,7 k €	-11.3%	51,5 k €	-3.7%	53,5 k €	-39.3%	88,1 k €	+74.1%	50,6 k €	+8.4%	46,6 k €	+107%	22,5 k €	+95.6%	11,5 k €
Net result	38,6 k €	-1.6%	39,2 k €	-62.1%	103,4 k €	+43.5%	72,1 k €	+35.0%	53,4 k €	-36.0%	83,3 k €	-3.4%	86,3 k €	+130%	37,5 k €	-2.6%	38,5 k €	-10.8%	43,1 k €	+64.4%	26,2 k €	-33.1%	39,2 k €	+2.5%	38,2 k €	-25.3%	51,2 k €	+38.1%	37 k €	-41.2%	63 k €	+61.7%	39 k €	+12.2%	34,7 k €	+123%	15,6 k €	+55.8%	10 k €
Balance sheet
Equity	517,3 k €	-1.3%	524,2 k €	+0.5%	521,3 k €	+7.7%	484,2 k €	+5.3%	459,9 k €	+13.1%	406,5 k €	+25.8%	323,2 k €	+36.4%	236,9 k €	+18.8%	199,4 k €	-49.9%	398,4 k €	+12.1%	355,2 k €	+8.0%	329 k €	+2.9%	319,8 k €	-2.1%	326,6 k €	+8.7%	300,4 k €	+14.1%	263,4 k €	+12.6%	234 k €	+14.7%	204 k €	+18.8%	171,7 k €	+10.0%	156,1 k €
Total assets	724,9 k €	+5.5%	686,8 k €	+4.1%	659,7 k €	+17.2%	563 k €	+13.2%	497,6 k €	+9.8%	453 k €	+26.2%	358,9 k €	+16.3%	308,7 k €	-38.4%	500,9 k €	+5.4%	475,3 k €	+11.4%	426,6 k €	+4.8%	407 k €	+5.6%	385,5 k €	-2.6%	395,8 k €	+4.6%	378,3 k €	-2.3%	387,2 k €	+17.5%	329,5 k €	+15.2%	286 k €	+9.0%	262,4 k €	+21.3%	216,4 k €
Cash	231 k €	-24.1%	304,4 k €	-45.6%	559,5 k €	+21.1%	462,2 k €	+19.9%	385,3 k €	+24.4%	309,8 k €	+44.0%	215,1 k €	+24.8%	172,4 k €	-52.7%	364,3 k €	+7.0%	340,4 k €	+19.3%	285,3 k €	-5.1%	300,5 k €	+3.1%	291,6 k €	+2.1%	285,6 k €	+15.8%	246,7 k €	+15.1%	214,3 k €	+14.4%	187,3 k €	+85.2%	101,2 k €	+50.1%	67,4 k €	+35.3%	49,8 k €
Debts	207,5 k €	+35.8%	152,9 k €	+13.0%	135,3 k €	+71.6%	78,8 k €	+109%	37,6 k €	-19.1%	46,5 k €	+30.6%	35,6 k €	-50.4%	71,8 k €	-76.1%	301,1 k €	+298%	75,7 k €	+6.1%	71,4 k €	-8.4%	77,9 k €	+18.7%	65,6 k €	-3.6%	68,1 k €	-12.5%	77,8 k €	-37.0%	123,5 k €	+35.9%	90,9 k €	+27.5%	71,3 k €	-19.8%	88,8 k €	+47.4%	60,3 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	+17.6%	1,7 ETP	-22.7%	2,2 ETP

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 · 10 ended

Active mandates

Geert Van Hoecke

Mandate

Active

Ended mandates

Geert Van Hoecke

Manager · since 23 décembre 2013

Ended

Brigitte BAUWENS

Director · since 29 mai 2011 · until 23 décembre 2013

Ended

Brigitte BAUWENS

Director · since 29 mai 2011 · until 28 mai 2017

Ended

Geert VAN HOECKE

Managing director · since 29 mai 2011 · until 23 décembre 2013

Ended

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	27/06/2026	05/07/2025	11/07/2024	16/08/2023	15/06/2022	28/06/2021
General meeting	22/05/2026	23/05/2025	24/05/2024	26/05/2023	28/05/2022	29/05/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	22/05/2026	27/06/2026	Dutch	PDF
Micro model	31/12/2024	23/05/2025	05/07/2025	Dutch	PDF
Micro model	31/12/2023	24/05/2024	11/07/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	16/08/2023	Dutch	PDF
Micro model	31/12/2021	28/05/2022	15/06/2022	Dutch	PDF
Micro model	31/12/2020	29/05/2021	28/06/2021	Dutch	PDF
Micro model	31/12/2019	30/05/2020	29/08/2020	Dutch	PDF
Micro model	31/12/2018	25/05/2019	22/07/2019	Dutch	PDF
Micro model	31/12/2017	26/05/2018	16/06/2018	Dutch	PDF
Micro model	31/12/2016	27/05/2017	14/06/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	12/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/05/2015	25/06/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	02/07/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	15/07/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	20/07/2012	Dutch	PDF
Abridged model	31/12/2010	28/05/2011	21/06/2011	Dutch	PDF
Abridged model	31/12/2009	29/05/2010	07/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	29/07/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	23/07/2008	Dutch	PDF
Abridged model	31/12/2006	26/05/2007	14/06/2007	Dutch	PDF

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 · 10 ended

Active mandates

Geert Van Hoecke

Mandate

Active

Ended mandates

Geert Van Hoecke

Manager · since 23 décembre 2013

Ended

Brigitte BAUWENS

Director · since 29 mai 2011 · until 23 décembre 2013

Ended

Brigitte BAUWENS

Director · since 29 mai 2011 · until 28 mai 2017

Ended

Geert VAN HOECKE

Managing director · since 29 mai 2011 · until 23 décembre 2013

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/01/2018
KAPITAAL - AANDELEN
PDF
Mandates08/01/2014
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates18/01/2013
ONTSLAGEN - BENOEMINGEN
PDF
Other19/05/2011
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares21/08/2006
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates16/11/2005
ONTSLAGEN - BENOEMINGEN
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 202538,6 k €↓
2024
Annual accounts 202439,2 k €↓
2023
Annual accounts 2023103,4 k €↑
2022
Annual accounts 202272,1 k €↑
2021
Annual accounts 202153,4 k €↓
2020
Annual accounts 202083,3 k €↓
2019
Annual accounts 201986,3 k €↑
2018
Annual accounts 201837,5 k €↓
2017
Annual accounts 201738,5 k €↓
2016
Annual accounts 201643,1 k €↑
2015
Annual accounts 201526,2 k €↓
2014
Annual accounts 201439,2 k €↑
2013
Annual accounts 201338,2 k €↓
2012
Annual accounts 201251,2 k €↑
2011
Annual accounts 201137 k €↓
2010
Annual accounts 201063 k €↑
2009
Annual accounts 200939 k €↑
2008
Annual accounts 200834,7 k €↑
2007
Annual accounts 200715,6 k €↑
2006
Annual accounts 200610 k €
26/04/1990
IncorporationPrivate 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

FISCO

Overview

What does FISCO do?

Trend over 20 financial years

Indicative valuation

Board of directors

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