ACTIVE

FINLECO

Financial year 2025 · Closed on 30/12/2025

Net result790,5 k €-29,0 %over 1 year
Gross margin962,5 k €-5,3 %over 1 year
Equity6,4 M €-8,5 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

FINLECO is a Private limited company incorporated in 1990. Its main activity is: Security and commodity contracts brokerage. Its registered office is in Knokke-Heist.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0442.419.473
Incorporation
21/11/1990
Legal form
Private limited company
Registered office
Helmweg 15
8300 Knokke-Heist · FlandreSee on map
Contributed capital
80 565,40 €
Latest accounts
30/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 16 financial years

20252024202320222021
Income statement
Gross margin962,5 k €1 M €842,1 k €927,6 k €1,1 M €
EBITDA942,7 k €994,8 k €824,7 k €912,4 k €1,1 M €
Operating result843,8 k €894,9 k €723,4 k €808,5 k €967,2 k €
Net result790,5 k €1,1 M €991,6 k €405,3 k €664,8 k €
Balance sheet
Equity6,4 M €7 M €6,2 M €5,3 M €4,9 M €
Total assets8,5 M €8,2 M €7,3 M €6,6 M €6,7 M €
Cash26,8 k €9,1 k €44,9 k €119,6 k €145,7 k €
Debts1,9 M €991,9 k €939,5 k €1,1 M €1,1 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/12/2025

2 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Dominique Verhaegen
Directorsince 22/12/2017Manager22/12/2017 → 2018 accountsended
Luc Marie Boelaert
Directorsince 23/11/2023

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Luc Boelaert
Statutaire Bestuurder22/12/2017 → 2021 accountsDirector22/12/2017 → 2024 accountsManaging director22/12/2017 → 2019 accountsManager22/12/2017 → 2018 accounts

Other companies at this address

Helmweg 15 8300 Knokke-Heist
CompanyCBE no.
0721.478.674
ELBEE INVEST● Active
1019.296.091
EMORAL● Active
0875.033.139
GROEP FINLECO● Active
0649.849.916

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Closing of the financial year30/12/202530/12/202430/12/202330/12/202230/12/202130/12/2020
Length of the financial year13 months13 months13 months13 months13 months13 months
Filing date22/06/202626/06/202521/06/202426/06/202308/07/202218/06/2021
General meeting10/06/202604/06/202518/06/202404/06/202328/06/202201/06/2021
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/12/202510/06/202622/06/2026DutchPDF
Abridged model30/12/202404/06/202526/06/2025DutchPDF
Abridged model30/12/202318/06/202421/06/2024DutchPDF
Abridged model30/12/202204/06/202326/06/2023DutchPDF
Abridged model30/12/202128/06/202208/07/2022DutchPDF
Abridged model30/12/202001/06/202118/06/2021DutchPDF
Abridged model30/12/201930/06/202013/07/2020DutchPDF
Abridged model30/12/201814/06/201921/06/2019DutchPDF
Abridged model30/12/201730/06/201811/07/2018DutchPDF
Abridged model30/12/201626/06/201727/06/2017DutchPDF
Abridged model30/12/201527/06/201627/07/2016DutchPDF
Abridged model30/12/201422/06/201525/06/2015DutchPDF
Abridged model30/12/201330/06/201411/07/2014DutchPDF
Abridged model30/12/201229/06/201303/07/2013DutchPDF
Abridged model30/12/201109/05/201205/06/2012DutchPDF
Abridged model30/12/201030/06/201113/07/2011DutchPDF
Abridged model30/12/200912/05/201002/06/2010DutchPDF
Abridged model30/12/200830/06/200902/07/2009DutchPDF
Abridged model30/12/200730/06/200818/07/2008DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 30/12/2025

2 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Dominique Verhaegen
Directorsince 22/12/2017Manager22/12/2017 → 2018 accountsended
Luc Marie Boelaert
Directorsince 23/11/2023

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Luc Boelaert
Statutaire Bestuurder22/12/2017 → 2021 accountsDirector22/12/2017 → 2024 accountsManaging director22/12/2017 → 2019 accountsManager22/12/2017 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates01/12/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office04/03/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares30/01/2018
    KAPITAAL - AANDELEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates02/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/11/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares31/01/2014
    KAPITAAL - AANDELEN
    PDF
  • Registered office28/10/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/09/2009
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings16 filings
Mandates
Dominique Verhaegen
Luc Marie Boelaert
Luc Boelaert
Jan De Reu
Nicole Paynon
Nicole Paynjon
1990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
FINLECO
Helmweg 15, 8300 Knokke-Heist
Director
Director
Statutaire BestuurderDirectorManaging directorManager
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Helmweg 15, 8300 Knokke-HeistCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00194683

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
FINLECOCurrent
accounts 2007 → 2025
Accounts 2025 · 2026-00194683

Events

  1. 2025
    Annual accounts 2025790,5 k €↓
  2. 2024
    Annual accounts 20241,1 M €↑
  3. 2023
    Annual accounts 2023991,6 k €↑
  4. 2022
    Annual accounts 2022405,3 k €↓
  5. 2021
    Annual accounts 2021664,8 k €↑
  6. 2018
    Annual accounts 201887,8 k €↑
  7. 2017
    Annual accounts 201758,6 k €↓
  8. 2015
    Annual accounts 2015164,5 k €↑
  9. 2014
    Annual accounts 2014140,7 k €↑
  10. 2013
    Annual accounts 201367,6 k €↓
  11. 2012
    Annual accounts 2012101,6 k €↑
  12. 2011
    Annual accounts 2011-63,6 k €↑
  13. 2010
    Annual accounts 2010-71,3 k €↓
  14. 2009
    Annual accounts 200936,4 k €↓
  15. 2008
    Annual accounts 200859,3 k €↓
  16. 2007
    Annual accounts 20071,4 M €
  17. 21/11/1990
    IncorporationPrivate limited company