ACTIVE

FINNLINES BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result
9,9 k €
-95,2 %over 1 year
Revenue
2,4 M €
-0,3 %over 1 year
Equity
518,6 k €
+1,9 %over 1 year
Workforce
19,8 ETP
+20,0 %over 1 year

Identity

Source · BCE/KBO

FINNLINES BELGIUM is a Public limited company incorporated in 1997. Its main activity is: Support activities for transportation. Its registered office is in Beveren. It employs on average 19,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0462.166.990
Incorporation
19/12/1997
Legal form
Public limited company
Registered office
Blikken(VER) ..
9130 Beveren · FlandreSee on map
Contributed capital
61 973,38 €
Latest accounts
31/12/2025
Average workforce
19,8 ETP
Joint committees (1)
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue2,4 M €2,4 M €2,1 M €1,8 M €1,7 M €
EBITDA66,2 k €335,5 k €94,7 k €163,6 k €216,3 k €
Operating result59,4 k €323,3 k €69,4 k €155,4 k €213,7 k €
Net result9,9 k €205 k €40,1 k €146,6 k €203,6 k €
Balance sheet
Equity518,6 k €508,7 k €303,7 k €263,6 k €117,1 k €
Total assets822,7 k €829,4 k €633,5 k €649,1 k €457 k €
Cash34,2 k €66,4 k €145,8 k €88,8 k €138,7 k €
Debts304,1 k €320,7 k €285,8 k €377,7 k €339,8 k €
Other
Workforce19,8 ETP16,5 ETP15,7 ETP13,4 ETP12,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 39 ended

Active mandates

Luc HENS

Managing director · since 08 mai 2025 · until 07 mai 2031

Active
Thomas DOEPEL

Director · since 01 mars 2025 · until 28 février 2031

Active
FOQUE & PARTNERS

Commissaris · since 10 mai 2024 · until 13 mai 2027 · 0454.040.964

Represented by Elke (A02557) DE VRIENDT

Active
Merja Marita KALLIO-MANNILA

Director · since 28 septembre 2023 · until 18 octobre 2029

Active

Ended mandates

Luc HENS

Gedeleerd bestuurder · since 08 mai 2025 · until 07 mai 2031

Ended
Merja Kallio-Mannila

Director · since 28 septembre 2023 · until 28 septembre 2029

Ended
Merja Marita KALLIO-MANNILA

Chairman of the board of directors · since 28 septembre 2023 · until 18 octobre 2029

Ended
FOQUE & PARTNERS

Commissaris · since 27 mai 2021 · until 09 mai 2024 · 0454.040.964

Represented by Elke (A02557) DE VRIENDT

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull 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 date30/06/202629/08/202526/06/202411/05/202331/05/202220/06/2021
General meeting30/06/202630/07/202520/06/202411/05/202312/05/202227/05/2021
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
Full model31/12/202530/06/202630/06/2026DutchPDF
Full model31/12/202430/07/202529/08/2025DutchPDF
Full model31/12/202320/06/202426/06/2024DutchPDF
Full model31/12/202211/05/202311/05/2023DutchPDF
Full model31/12/202112/05/202231/05/2022DutchPDF
Full model31/12/202027/05/202120/06/2021DutchPDF
Full model31/12/201914/05/202026/06/2020DutchPDF
Full model31/12/201809/05/201924/06/2019DutchPDF
Full model31/12/201711/05/201822/06/2018DutchPDF
Full model31/12/201629/06/201718/07/2017DutchPDF
Full model31/12/201511/05/201621/06/2016DutchPDF
Full model31/12/201415/05/201507/07/2015DutchPDF
Full model31/12/201308/05/201424/06/2014DutchPDF
Abridged model31/12/201211/06/201310/07/2013DutchPDF
Abridged model31/12/201128/06/201205/07/2012DutchPDF
Abridged model31/12/201028/06/201125/07/2011DutchPDF
Abridged model31/12/200917/05/201016/06/2010DutchPDF
Abridged model31/12/200830/06/200915/07/2009DutchPDF
Abridged model31/12/200712/06/200818/07/2008DutchPDF
Abridged model31/12/200614/06/200706/07/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 39 ended

Active mandates

Luc HENS

Managing director · since 08 mai 2025 · until 07 mai 2031

Active
Thomas DOEPEL

Director · since 01 mars 2025 · until 28 février 2031

Active
FOQUE & PARTNERS

Commissaris · since 10 mai 2024 · until 13 mai 2027 · 0454.040.964

Represented by Elke (A02557) DE VRIENDT

Active
Merja Marita KALLIO-MANNILA

Director · since 28 septembre 2023 · until 18 octobre 2029

Active

Ended mandates

Luc HENS

Gedeleerd bestuurder · since 08 mai 2025 · until 07 mai 2031

Ended
Merja Kallio-Mannila

Director · since 28 septembre 2023 · until 28 septembre 2029

Ended
Merja Marita KALLIO-MANNILA

Chairman of the board of directors · since 28 septembre 2023 · until 18 octobre 2029

Ended
FOQUE & PARTNERS

Commissaris · since 27 mai 2021 · until 09 mai 2024 · 0454.040.964

Represented by Elke (A02557) DE VRIENDT

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/01/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/08/2013
    ONTSLAGEN - BENOEMINGEN
    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 20259,9 k €↓
  2. 2024
    Annual accounts 2024205 k €↑
  3. 2023
    Annual accounts 202340,1 k €↓
  4. 2022
    Annual accounts 2022146,6 k €↓
  5. 2021
    Annual accounts 2021203,6 k €↑
  6. 2020
    Annual accounts 2020-291,2 k €↓
  7. 2019
    Annual accounts 2019-241,9 k €↓
  8. 2018
    Annual accounts 2018-68,2 k €↓
  9. 2017
    Annual accounts 20173,5 k €↑
  10. 2016
    Annual accounts 2016-22,4 k €↑
  11. 2015
    Annual accounts 2015-151,8 k €↓
  12. 2014
    Annual accounts 20141,2 M €↑
  13. 2013
    Annual accounts 2013-528,4 k €↓
  14. 2012
    Annual accounts 2012-345,2 k €↓
  15. 2011
    Annual accounts 201145,5 k €↑
  16. 2010
    Annual accounts 2010-295,3 k €↓
  17. 2009
    Annual accounts 20091,1 M €↑
  18. 2008
    Annual accounts 2008-618 k €↓
  19. 2007
    Annual accounts 2007-95,2 k €↓
  20. 2006
    Annual accounts 20063,7 k €
  21. 19/12/1997
    IncorporationPublic limited company