ACTIVE

FINGAS

Financial year 2025 · closed on 30/09/2025
Net result
362,7 k €
+0.9% YoY
Gross margin
832,5 k €
+1.2% YoY
Equity
7,5 M €
+2.6% YoY
Workforce
2,4 ETP

What does FINGAS do?

FINGAS is a Public limited company incorporated in 1991. Its registered office is in Gent. It employs on average 2,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0446.241.867
Incorporation
27/12/1991
Legal form
Public limited company
Registered office
Wiedauwkaai 109
9000 Gent · FlandreSee on map
Contributed capital
3 650 000,00 €
Latest accounts
30/09/2025
Average workforce
2,4 ETP
Joint committees (1)
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022200920082007
Income statement
Gross margin832,5 k €822,5 k €404,9 k €659,3 k €502,8 k €359,2 k €79,3 k €
EBITDA562,4 k €550,8 k €147,7 k €411,4 k €237 k €138,7 k €-68,3 k €
Operating result524,6 k €519,4 k €125,4 k €395,8 k €216,6 k €128,7 k €-79 k €
Net result362,7 k €359,5 k €87,1 k €270,9 k €318,5 k €134,5 k €-128,8 k €
Balance sheet
Equity7,5 M €7,4 M €7,1 M €7,1 M €2,4 M €2,1 M €1,9 M €
Total assets8,5 M €7,6 M €7,3 M €7,3 M €3,7 M €4,1 M €4,9 M €
Cash472,5 k €148,5 k €197,7 k €118,4 k €6,9 k €25,6 k €142,5 k €
Debts931,6 k €226,1 k €185,1 k €253,8 k €1,3 M €2,1 M €2,9 M €
Other
Workforce2,4 ETP0,0 ETP2,4 ETP2,4 ETP4,4 ETP4,0 ETP3,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 4 active · 18 ended

Active mandates

Nummer 9

Director · since 01 avril 2024 · until 12 février 2027 · 1007.804.561

Represented by Ingeborg SYMONS

Active
Christina Symons

Director · since 09 octobre 2023 · until 09 février 2029

Active
Daisy Van Driessche

Director · since 09 octobre 2023 · until 09 février 2029

Active
Ingeborg Symons

Director · since 09 octobre 2023 · until 01 avril 2024

Active

Ended mandates

Daisy Van Driessche

Managing director · since 09 octobre 2023 · until 09 février 2029

Ended
Ingeborg Symons

Managing director · since 09 octobre 2023 · until 09 février 2029

Ended
Christina Symons

Director · since 04 janvier 2018 · until 10 février 2023

Ended
Daisy Van Driessche

Chairman of the board of directors · since 04 janvier 2018 · until 10 février 2023

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/12/202521/11/202413/11/202323/12/202210/01/202221/12/2020
General meeting03/12/202514/11/202409/11/202309/12/202205/01/202211/12/2020
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
Abridged model30/09/202503/12/202515/12/2025DutchPDF
Abridged model30/09/202414/11/202421/11/2024DutchPDF
Abridged model30/09/202309/11/202313/11/2023DutchPDF
Abridged model30/09/202209/12/202223/12/2022DutchPDF
Abridged model30/09/202105/01/202210/01/2022DutchPDF
Abridged model30/09/202011/12/202021/12/2020DutchPDF
Abridged model30/09/201904/12/201923/12/2019DutchPDF
Abridged model30/09/201808/03/201922/03/2019DutchPDF
Abridged model30/09/201704/01/201802/02/2018DutchPDF
Abridged model30/09/201610/02/201716/02/2017DutchPDF
Abridged model30/09/201511/12/201515/12/2015DutchPDF
Abridged model30/09/201412/12/201409/01/2015DutchPDF
Abridged model30/09/201314/02/201418/02/2014DutchPDF
Abridged model30/09/201208/02/201311/02/2013DutchPDF
Abridged model30/09/201110/02/201213/02/2012DutchPDF
Abridged model30/09/201011/02/201114/02/2011DutchPDF
Abridged model30/09/200912/02/201027/03/2010DutchPDF
Abridged model30/09/200813/02/200918/03/2009DutchPDF
Abridged model30/09/200708/02/200827/03/2008DutchPDF
Abridged model30/09/200609/02/200730/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 30/09/2025 · 4 active · 18 ended

Active mandates

Nummer 9

Director · since 01 avril 2024 · until 12 février 2027 · 1007.804.561

Represented by Ingeborg SYMONS

Active
Christina Symons

Director · since 09 octobre 2023 · until 09 février 2029

Active
Daisy Van Driessche

Director · since 09 octobre 2023 · until 09 février 2029

Active
Ingeborg Symons

Director · since 09 octobre 2023 · until 01 avril 2024

Active

Ended mandates

Daisy Van Driessche

Managing director · since 09 octobre 2023 · until 09 février 2029

Ended
Ingeborg Symons

Managing director · since 09 octobre 2023 · until 09 février 2029

Ended
Christina Symons

Director · since 04 janvier 2018 · until 10 février 2023

Ended
Daisy Van Driessche

Chairman of the board of directors · since 04 janvier 2018 · until 10 février 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/02/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/04/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares14/10/2011
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates17/04/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares18/11/2005
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025362,7 k €
  2. 2024
    Annual accounts 2024359,5 k €
  3. 2023
    Annual accounts 202387,1 k €
  4. 2022
    Annual accounts 2022270,9 k €
  5. 2009
    Annual accounts 2009318,5 k €
  6. 2008
    Annual accounts 2008134,5 k €
  7. 2007
    Annual accounts 2007-128,8 k €
  8. 27/12/1991
    IncorporationPublic limited company