ACTIVE

FIN.CO

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

12,3 M €

+830.1% YoY

Revenue

3,5 k €

Equity

225,2 M €

+6.8% YoY

Workforce

1,7 ETP

+13.3% YoY

What does FIN.CO do?

FIN.CO is a Public limited company incorporated in 1998. Its registered office is in Antwerpen. It employs on average 1,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.527.159

Incorporation

05/11/1998

Legal form

Public limited company

Registered office

Noorderlaan 79 box 8
2030 Antwerpen · FlandreSee on map

Contributed capital

22 378 411,47 €

Latest accounts

31/12/2025

Average workforce

1,7 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	3,5 k €		0 €	-100%	25,3 k €	-56.6%	58,1 k €	+55.5%	37,4 k €	+55.8%	24 k €	-84.7%	157,3 k €	-27.8%	218 k €	+9.0%	200 k €	+100%	100 k €	0.0%	100 k €	0.0%	100 k €	0.0%	100 k €	0.0%	100 k €	0.0%	100 k €	0.0%	100 k €	+33.3%	75 k €	-79.3%	363,1 k €
EBITDA	-1,4 M €	-19.1%	-1,2 M €	+31.4%	-1,7 M €	-8.7%	-1,6 M €	+24.2%	-2,1 M €	-113%	-973 k €	+16.9%	-1,2 M €	-37.9%	-848,6 k €	+27.0%	-1,2 M €	-16.1%	-1 M €	-27.7%	-783,8 k €	-41.8%	-552,8 k €	-0.2%	-551,8 k €	+22.3%	-710,6 k €	+38.6%	-1,2 M €	-164%	-438,5 k €	+4.8%	-460,7 k €	+31.0%	-667,8 k €
Operating result	-1,4 M €	-20.7%	-1,2 M €	+30.8%	-1,7 M €	-7.9%	-1,6 M €	+24.0%	-2,1 M €	-113%	-987,8 k €	+16.6%	-1,2 M €	-37.8%	-859,7 k €	+26.6%	-1,2 M €	-15.9%	-1 M €	-27.3%	-794 k €	-40.0%	-567,1 k €	+1.0%	-572,7 k €	+22.2%	-736,4 k €	+37.6%	-1,2 M €	-175%	-428,3 k €	+13.7%	-496 k €	+28.4%	-693 k €
Net result	12,3 M €	+830%	-1,7 M €	-111%	15,7 M €	-8.3%	17,1 M €	-27.4%	23,5 M €	+124%	10,5 M €	-23.0%	13,6 M €	+127%	6 M €	+25.3%	4,8 M €	-33.9%	7,2 M €	-65.2%	20,8 M €	+191%	7,1 M €	+62.2%	4,4 M €	+95.5%	2,3 M €	-70.6%	7,7 M €	+10.6%	6,9 M €	+20.0%	5,8 M €	+103%	2,8 M €
Balance sheet
Equity	225,2 M €	+6.8%	210,9 M €	-0.8%	212,6 M €	+8.0%	196,9 M €	+8.0%	182,2 M €	+26.5%	144 M €	+7.9%	133,5 M €	+11.4%	119,9 M €	-26.9%	163,9 M €	+2.2%	160,4 M €	+3.9%	154,3 M €	+14.5%	134,7 M €	+4.3%	129,2 M €	+2.5%	126 M €	+1.8%	123,8 M €	+6.6%	116,1 M €	+6.3%	109,2 M €	+105%	53,4 M €
Total assets	227,9 M €	+8.0%	211 M €	-0.8%	212,6 M €	+6.6%	199,5 M €	+6.9%	186,5 M €	+29.4%	144,2 M €	+7.9%	133,7 M €	-21.5%	170,3 M €	+3.0%	165,3 M €	+2.3%	161,7 M €	+3.8%	155,7 M €	+14.1%	136,5 M €	+4.6%	130,5 M €	+3.4%	126,2 M €	+1.8%	123,9 M €	+6.6%	116,3 M €	+6.2%	109,4 M €	+104%	53,6 M €
Cash	8,1 M €	-81.9%	44,8 M €	-13.2%	51,6 M €	+47.9%	34,9 M €	-27.9%	48,4 M €	+50.3%	32,2 M €	-0.7%	32,4 M €	-21.0%	41 M €	+30.1%	31,5 M €	-15.8%	37,5 M €	+13.5%	33 M €	+52.9%	21,6 M €	-25.2%	28,9 M €	-14.7%	33,8 M €	-3.9%	35,2 M €	+19.7%	29,4 M €	+1.1%	29,1 M €	-22.0%	37,3 M €
Debts	2,7 M €	+1992%	129 k €	+73.0%	74,6 k €	-97.1%	2,6 M €	-40.2%	4,3 M €	+2655%	156,1 k €	+13.3%	137,8 k €	-99.7%	50,4 M €	+3552%	1,4 M €	+5.2%	1,3 M €	-1.2%	1,3 M €	-21.6%	1,7 M €	+31.3%	1,3 M €	+891%	130,2 k €	-2.9%	134,1 k €	-2.9%	138,1 k €	-10.8%	154,8 k €	+5.0%	147,4 k €
Other
Workforce	1,7 ETP	+13.3%	1,5 ETP	+400%	0,3 ETP	-80.0%	1,5 ETP	-25.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-9.1%	2,2 ETP	+22.2%	1,8 ETP	+50.0%	1,2 ETP	+20.0%	1,0 ETP	-9.1%	1,1 ETP	+10.0%	1,0 ETP	0.0%	1,0 ETP	+25.0%	0,8 ETP	-60.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 25 ended

Active mandates

Hubert Plouvier

Director · since 21 avril 2026

Active

Ended mandates

KRUG

Director · since 24 octobre 2024 · until 28 juin 2030 · 0479.958.374

Represented by Daniel KRUG

Ended

Benoït VERWILGHEN

Director · since 01 janvier 2023 · until 22 juin 2029

Ended

ALFIN

Chairman of the board of directors · since 13 juin 2008 · until 13 juin 2014 · 0867.463.971

Represented by Jean-Michel Ancion

Ended

ALFIN

Chairman of the board of directors · since 13 juin 2008 · until 26 juin 2026 · 0867.463.971

Represented by Jean-Michel Ancion

Ended

At this address

Other companies at this address

Company	CBE no.
AGS Europe● Active	0789.788.945
Aquamarine Seafood● Active	0673.844.548
B & B SLASOFT● Active	0477.094.696
Container Inspection en Marine Services● Active	0420.005.743
Finco Management● Active	0786.509.949
Finco Private Equity III● Active	0787.858.744
Gateway Cargo Systems● Active	0788.548.137
HSL BELGIUM● Active	0651.934.030
INDEPENDENT MARITIME CONSULTANTS EN SURVEYORS● Active	0441.337.627
IT PRO● Bankrupt	0446.491.988
JGI● Active	0457.089.833
Kisa● Active	0810.334.931
Make III● Active	0787.829.545
Mega Beroepsvereniging● Active	0410.255.362
Mibeco● Active	0456.591.074
MY MOMENT● Active	1017.869.597
NMT BELGIUM● Active	0479.184.948
PLOUVIER CHARTERING● Active	0404.542.062
PLOUVIER GROUP● Active	0806.429.690
RECK & CO. (BELGIUM)● Active	0888.567.213

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	08/07/2026	28/08/2025	12/07/2024	11/07/2023	13/07/2022	28/07/2021
General meeting	30/06/2026	27/06/2025	28/06/2024	10/07/2023	06/07/2022	06/07/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

34 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	08/07/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	28/08/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	12/07/2024	Dutch	PDF
Full model	31/12/2022	10/07/2023	11/07/2023	Dutch	PDF
Full model	31/12/2021	06/07/2022	13/07/2022	Dutch	PDF
Full model	31/12/2020	06/07/2021	28/07/2021	Dutch	PDF
Full model	31/12/2019	15/07/2020	22/07/2020	Dutch	PDF
Consolidated accounts	31/12/2019	15/07/2020	22/07/2020	Dutch	PDF
Full model	31/12/2018	02/07/2019	18/07/2019	Dutch	PDF
Consolidated accounts	31/12/2018	02/07/2019	18/07/2019	Dutch	PDF
Full model	31/12/2017	26/06/2018	20/07/2018	Dutch	PDF
Consolidated accounts	31/12/2017	26/06/2018	20/07/2018	Dutch	PDF
Full model	31/12/2016	10/07/2017	25/07/2017	Dutch	PDF
Consolidated accounts	31/12/2016	10/07/2017	25/07/2017	Dutch	PDF
Full model	31/12/2015	19/07/2016	26/07/2016	Dutch	PDF
Consolidated accounts	31/12/2015	19/07/2016	26/07/2016	Dutch	PDF
Full model	31/12/2014	26/06/2015	30/06/2015	Dutch	PDF
Consolidated accounts	31/12/2014	26/06/2015	30/06/2015	Dutch	PDF
Full model	31/12/2013	25/07/2014	30/07/2014	Dutch	PDF
Consolidated accounts	31/12/2013	25/07/2014	30/07/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	09/07/2013	Dutch	PDF
Consolidated accounts	31/12/2012	28/06/2013	10/07/2013	Dutch	PDF
Full model	31/12/2011	29/06/2012	24/07/2012	Dutch	PDF
Consolidated accounts	31/12/2011	29/06/2012	24/07/2012	Dutch	PDF

View all 34 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 25 ended

Active mandates

Hubert Plouvier

Director · since 21 avril 2026

Active

Ended mandates

KRUG

Director · since 24 octobre 2024 · until 28 juin 2030 · 0479.958.374

Represented by Daniel KRUG

Ended

Benoït VERWILGHEN

Director · since 01 janvier 2023 · until 22 juin 2029

Ended

ALFIN

Chairman of the board of directors · since 13 juin 2008 · until 13 juin 2014 · 0867.463.971

Represented by Jean-Michel Ancion

Ended

ALFIN

Chairman of the board of directors · since 13 juin 2008 · until 26 juin 2026 · 0867.463.971

Represented by Jean-Michel Ancion

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/10/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates14/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Registered office13/10/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/08/2021
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

21/04/2026
nominationHubert Plouvier — enige bestuurder
2025
Annual accounts 202512,3 M €↑
16/10/2025
augmentation_capital
16/10/2025
augmentation_capital
11/02/2025
nominationCamille Lammens — Fund Investment Manager
11/02/2025
nominationKristof Verluyten — Gevolmachtigde
2024
Annual accounts 2024-1,7 M €↓
24/10/2024
nominationBV KRUG — niet-statutaire bestuurder
24/10/2024
nominationDaniel Krug — vaste vertegenwoordiger van de rechtspersoon BV Krug
28/06/2024
reconductionGrant Thornton Bedrijfsrevisoren CVBA — commissaris
2023
Annual accounts 202315,7 M €↓
01/01/2023
nominationBenoït VERWILGHEN — niet-statutaire bestuurder
2022
Annual accounts 202217,1 M €↓
2021
Annual accounts 202123,5 M €↑
2019
Annual accounts 201910,5 M €↓
2018
Annual accounts 201813,6 M €↑
2017
Annual accounts 20176 M €↑
2016
Annual accounts 20164,8 M €↓
2015
Annual accounts 20157,2 M €↓
2014
Annual accounts 201420,8 M €↑
2013
Annual accounts 20137,1 M €↑
2012
Annual accounts 20124,4 M €↑
2011
Annual accounts 20112,3 M €↓
2010
Annual accounts 20107,7 M €↑
2009
Annual accounts 20096,9 M €↑
2008
Annual accounts 20085,8 M €↑
2007
Annual accounts 20072,8 M €
05/11/1998
IncorporationPublic 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

FIN.CO

Overview

What does FIN.CO do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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