ACTIVE

FINDECO

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Financial year 2025 · closed on 30/12/2025

Net result

40,3 k €

-6.5% YoY

Gross margin

173,1 k €

+1.0% YoY

Equity

914,7 k €

+0.0% YoY

Workforce

1,0 ETP

0.0% YoY

What does FINDECO do?

FINDECO is a Private limited company incorporated in 1998. Its main activity is: Activities of holding companies. Its registered office is in Tielt. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0465.032.153

Incorporation

30/12/1998

Legal form

Private limited company

Registered office

Pittemsesteenweg 13
8700 Tielt · FlandreSee on map

Contributed capital

495 787,05 €

Latest accounts

30/12/2025

Average workforce

1,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities 74855Other professional, scientific and technical activities 82100Office administrative and support activities 82110Combined office administrative service activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	173,1 k €	+1.0%	171,5 k €	+7.3%	159,9 k €	+31.8%	121,3 k €	+13.2%	107,2 k €	+22.1%	87,7 k €	+17.6%	74,6 k €	-26.3%	101,2 k €	+78.8%	56,6 k €	-13.2%	65,2 k €	+32.7%	49,2 k €	+19.7%	41,1 k €	-35.7%	63,9 k €	-0.5%	64,2 k €	-12.6%	73,5 k €	-1.7%	74,7 k €	+116%	34,6 k €	-45.1%	62,9 k €
EBITDA	110,6 k €	-3.5%	114,7 k €	+106%	55,7 k €	+166%	20,9 k €	-56.0%	47,5 k €	+100%	23,7 k €	+58.2%	15 k €	-64.5%	42,1 k €	+107%	20,4 k €	-47.1%	38,5 k €	-5.1%	40,6 k €	+1.4%	40 k €	+74.9%	22,9 k €	-36.7%	36,1 k €	-18.3%	44,2 k €	+23.1%	35,9 k €	+37.3%	26,1 k €	-46.3%	48,7 k €
Operating result	101,8 k €	-10.6%	113,9 k €	+105%	55,7 k €	+166%	20,9 k €	-56.0%	47,5 k €	+123%	21,2 k €	+69.6%	12,5 k €	-69.4%	40,9 k €	+152%	16,3 k €	-51.1%	33,3 k €	-1.7%	33,8 k €	-0.7%	34,1 k €	+72.2%	19,8 k €	-41.8%	34 k €	-19.9%	42,4 k €	+25.5%	33,8 k €	+40.7%	24 k €	-46.0%	44,5 k €
Net result	40,3 k €	-6.5%	43,1 k €	+479%	7,4 k €	+55.8%	4,8 k €	-98.6%	353,9 k €	+6577%	-5,5 k €	+57.7%	-12,9 k €	-234%	9,6 k €	+173%	-13,2 k €	-396%	4,4 k €	-26.3%	6 k €	-37.0%	9,6 k €	+289%	-5,1 k €	-183%	6,1 k €	-67.8%	18,9 k €	+55.6%	12,1 k €	+390%	2,5 k €	-85.2%	16,8 k €
Balance sheet
Equity	914,7 k €	+0.0%	914,4 k €	+0.3%	911,3 k €	+0.8%	903,8 k €	-9.5%	999 k €	+61.9%	617,2 k €	-0.9%	622,6 k €	-2.0%	635,6 k €	+1.5%	625,9 k €	-2.1%	639,1 k €	+0.7%	634,6 k €	+1.0%	628,6 k €	+1.5%	619 k €	-0.8%	624,1 k €	+1.0%	618 k €	+1.5%	609,1 k €	+2.0%	597 k €	+0.4%	594,5 k €
Total assets	2,5 M €	-2.0%	2,6 M €	+3.6%	2,5 M €	+63.3%	1,5 M €	+1.0%	1,5 M €	+40.0%	1,1 M €	+1.0%	1,1 M €	+0.1%	1,1 M €	+4.1%	1 M €	-0.2%	1 M €	+3.5%	990,6 k €	+0.2%	988,4 k €	+1.1%	977,6 k €	-0.6%	983,5 k €	+4.1%	944,8 k €	+0.7%	937,9 k €	-1.0%	947,7 k €	+0.7%	941,1 k €
Cash	62,1 k €	-59.5%	153,4 k €	+144%	62,8 k €	-28.3%	87,7 k €	-41.0%	148,6 k €	+2.3%	145,2 k €	+2.5%	141,7 k €	+32.4%	107 k €	+2.6%	104,3 k €	+4.3%	100 k €	+99.4%	50,2 k €	+5.2%	47,7 k €	+86.2%	25,6 k €	-58.3%	61,5 k €	+404%	12,2 k €	+9.5%	11,1 k €	-6.8%	12 k €	+180%	4,3 k €
Debts	1,5 M €	-2.8%	1,6 M €	+4.1%	1,5 M €	+155%	600,1 k €	+22.3%	490,5 k €	+12.8%	434,7 k €	+3.7%	419,4 k €	+4.9%	399,7 k €	+0.4%	398,2 k €	+3.0%	386,6 k €	+8.6%	356 k €	-1.1%	359,8 k €	+3.8%	346,6 k €	-3.6%	359,4 k €	+16.5%	308,4 k €	+0.1%	308 k €	-7.4%	332,8 k €	-4.0%	346,6 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	-44.4%	1,8 ETP	-10.0%	2,0 ETP	+53.8%	1,3 ETP	-13.3%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	+15.4%	1,3 ETP	+30.0%	1,0 ETP	0.0%	1,0 ETP		–		0,4 ETP	-60.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+233%	0,3 ETP	-50.0%	0,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/12/2025 · 2 active · 16 ended

Active mandates

Barlot

Director · since 20 décembre 2023 · 0656.841.537

Represented by BART DE MEULEMEESTER

Active

IMMO DECO

Director · since 20 décembre 2023 · 0862.263.484

Represented by JOKE VERWEIRDER

Active

Ended mandates

Barlot

Managing director · since 03 juin 2017 · until 03 juin 2023 · 0656.841.537

Represented by BART DE MEULEMEESTER

Ended

Barlot

Director · since 03 juin 2017 · until 03 juin 2023 · 0656.841.537

Represented by BART DE MEULEMEESTER

Ended

Barlot

Managing director · since 03 juin 2017 · until 03 juin 2023 · 0656.841.537

Represented by DE MEULEMEESTER BART

Ended

Barlot

Managing director · since 03 juin 2017 · until 03 juin 2023 · 0656.841.537

Represented by Bart De Meulemeester

Ended

At this address

Other companies at this address

Company	CBE no.
DEVE LOGISTICS● Active	0479.046.178
FINDECO GROUP● Active	1015.397.681
Immo De Spinde● Active	0762.681.207
Transdeco● Active	0405.222.844

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Closing of the financial year	30/12/2025	30/12/2024	30/12/2023	30/12/2022	30/12/2021	30/12/2020
Length of the financial year	13 months	13 months	13 months	13 months	13 months	13 months
Filing date	08/07/2026	10/06/2025	12/06/2024	05/06/2023	09/06/2022	07/06/2021
General meeting	06/06/2026	07/06/2025	01/06/2024	03/06/2023	04/06/2022	05/06/2021
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
Abridged model	30/12/2025	06/06/2026	08/07/2026	Dutch	PDF
Abridged model	30/12/2024	07/06/2025	10/06/2025	Dutch	PDF
Abridged model	30/12/2023	01/06/2024	12/06/2024	Dutch	PDF
Abridged model	30/12/2022	03/06/2023	05/06/2023	Dutch	PDF
Abridged model	30/12/2021	04/06/2022	09/06/2022	Dutch	PDF
Abridged model	30/12/2020	05/06/2021	07/06/2021	Dutch	PDF
Abridged model	30/12/2019	06/06/2020	08/07/2020	Dutch	PDF
Abridged model	30/12/2018	01/06/2019	04/06/2019	Dutch	PDF
Abridged model	30/12/2017	02/06/2018	11/06/2018	Dutch	PDF
Abridged model	30/12/2016	03/06/2017	29/06/2017	Dutch	PDF
Abridged model	30/12/2015	29/04/2016	03/06/2016	Dutch	PDF
Abridged model	30/12/2014	23/02/2015	18/11/2015	Dutch	PDF
Abridged model	30/12/2013	07/06/2014	29/08/2014	Dutch	PDF
Abridged model	30/12/2012	01/06/2013	24/07/2013	Dutch	PDF
Abridged model	30/12/2011	02/06/2012	09/01/2013	Dutch	PDF
Abridged model	30/12/2010	04/06/2011	31/12/2011	Dutch	PDF
Abridged model	30/12/2009	05/06/2010	13/07/2010	Dutch	PDF
Abridged model	30/12/2008	06/06/2009	27/07/2009	Dutch	PDF
Abridged model	30/12/2007	10/09/2008	26/09/2008	Dutch	PDF
Abridged model	30/12/2006	02/06/2007	03/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 30/12/2025 · 2 active · 16 ended

Active mandates

Barlot

Director · since 20 décembre 2023 · 0656.841.537

Represented by BART DE MEULEMEESTER

Active

IMMO DECO

Director · since 20 décembre 2023 · 0862.263.484

Represented by JOKE VERWEIRDER

Active

Ended mandates

Barlot

Managing director · since 03 juin 2017 · until 03 juin 2023 · 0656.841.537

Represented by BART DE MEULEMEESTER

Ended

Barlot

Director · since 03 juin 2017 · until 03 juin 2023 · 0656.841.537

Represented by BART DE MEULEMEESTER

Ended

Barlot

Managing director · since 03 juin 2017 · until 03 juin 2023 · 0656.841.537

Represented by DE MEULEMEESTER BART

Ended

Barlot

Managing director · since 03 juin 2017 · until 03 juin 2023 · 0656.841.537

Represented by Bart De Meulemeester

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/05/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/03/2012
ONTSLAGEN - BENOEMINGEN
PDF
Registered office13/06/2007
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/08/2005
MAATSCHAPPELIJKE ZETEL - 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 202540,3 k €↓
2024
Annual accounts 202443,1 k €↑
2023
Annual accounts 20237,4 k €↑
2022
Annual accounts 20224,8 k €↓
2021
Annual accounts 2021353,9 k €↑
2018
Annual accounts 2018-5,5 k €↑
2017
Annual accounts 2017-12,9 k €↓
2016
Annual accounts 20169,6 k €↑
2015
Annual accounts 2015-13,2 k €↓
2014
Annual accounts 20144,4 k €↓
2013
Annual accounts 20136 k €↓
2012
Annual accounts 20129,6 k €↑
2011
Annual accounts 2011-5,1 k €↓
2010
Annual accounts 20106,1 k €↓
2009
Annual accounts 200918,9 k €↑
2008
Annual accounts 200812,1 k €↑
2007
Annual accounts 20072,5 k €↓
2006
Annual accounts 200616,8 k €
30/12/1998
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

FINDECO

Overview

What does FINDECO 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