ACTIVE

FIDUSCA

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Financial year 2025 · closed on 30/11/2025

Net result

774,8 k €

+4.2% YoY

Gross margin

1,2 M €

+817.1% YoY

Equity

98,7 M €

+0.8% YoY

Workforce

1,5 ETP

+25.0% YoY

What does FIDUSCA do?

FIDUSCA is a Public limited company incorporated in 1999. Its main activity is: Activities of holding companies. Its registered office is in Knokke-Heist. It employs on average 1,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.379.166

Incorporation

30/06/1999

Legal form

Public limited company

Registered office

Schotspad 14
8300 Knokke-Heist · FlandreSee on map

Contributed capital

19 219 683,35 €

Latest accounts

30/11/2025

Average workforce

1,5 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 68310Real estate agencies 68311Real estate agencies

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,2 M €	+817%	-172,5 k €	-61.2%	-107 k €	-38.5%	-77,3 k €	+33.2%	-115,7 k €	-281%	63,9 k €	-64.6%	180,4 k €	-32.0%	265,3 k €	-2.2%	271,3 k €	+50.8%	179,9 k €	+16.2%	154,8 k €	+11.3%	139,1 k €	-15.6%	164,7 k €	-38.8%	268,9 k €	-34.7%	411,5 k €	+49.6%	275,1 k €	+6.7%	257,9 k €	-9.0%	283,3 k €	+12.2%	252,4 k €	+25.1%	201,7 k €
EBITDA	739,7 k €	+370%	-273,8 k €	-29.7%	-211,1 k €	+11.2%	-237,6 k €	-83.7%	-129,4 k €	-363%	49,2 k €	-70.3%	166 k €	-31.6%	242,8 k €	-4.1%	253,1 k €	+45.0%	174,6 k €	+21.9%	143,2 k €	+12.3%	127,5 k €	-16.9%	153,4 k €	-40.5%	258 k €	-34.9%	396,1 k €	+49.1%	265,6 k €	+6.1%	250,3 k €	-8.8%	274,6 k €	+12.1%	245 k €	+22.7%	199,7 k €
Operating result	587 k €	+237%	-429,9 k €	-14.6%	-375 k €	-2.2%	-367,1 k €	-62.7%	-225,6 k €	-387%	-46,3 k €	-166%	70,5 k €	-56.0%	160 k €	-10.4%	178,6 k €	+76.3%	101,3 k €	+119%	46,3 k €	+51.2%	30,6 k €	-45.7%	56,4 k €	-62.0%	148,7 k €	-48.4%	288,3 k €	+72.3%	167,3 k €	+15.1%	145,3 k €	-13.5%	168 k €	-6.5%	179,6 k €	+33.7%	134,3 k €
Net result	774,8 k €	+4.2%	743,2 k €	+218%	233,4 k €	+183%	-281,6 k €	-102%	18 M €	+11802%	151,2 k €	-99.7%	44 M €	+4657%	924,4 k €	-28.4%	1,3 M €	+21.0%	1,1 M €	+103%	525,9 k €	-44.6%	950,1 k €	-15.6%	1,1 M €	-12.5%	1,3 M €	-85.3%	8,7 M €	+639%	1,2 M €	-36.7%	1,9 M €	+138%	784,7 k €	-67.9%	2,4 M €	+735%	293 k €
Balance sheet
Equity	98,7 M €	+0.8%	98 M €	+0.8%	97,2 M €	-0.1%	97,3 M €	-0.3%	97,6 M €	+8.5%	89,9 M €	+0.2%	89,8 M €	+96.0%	45,8 M €	+2.1%	44,9 M €	+3.0%	43,6 M €	+2.5%	42,5 M €	+1.3%	42 M €	+2.3%	41,1 M €	+2.8%	39,9 M €	+3.3%	38,6 M €	+29.2%	29,9 M €	+4.1%	28,7 M €	+7.0%	26,9 M €	+3.0%	26,1 M €	+10.4%	23,6 M €
Total assets	117,7 M €	+7.0%	110,1 M €	+4.4%	105,5 M €	-0.2%	105,6 M €	-2.3%	108,2 M €	+17.9%	91,7 M €	-6.1%	97,7 M €	+101%	48,7 M €	+0.6%	48,4 M €	-0.2%	48,5 M €	+0.5%	48,3 M €	-1.0%	48,7 M €	+0.3%	48,6 M €	+5.7%	46 M €	+3.1%	44,6 M €	+24.8%	35,7 M €	+2.9%	34,7 M €	+6.6%	32,6 M €	+1.3%	32,1 M €	+8.4%	29,7 M €
Cash	5,5 M €	-35.2%	8,5 M €	+78.6%	4,7 M €	-20.4%	6 M €	-36.6%	9,4 M €	-76.5%	39,9 M €	-1.7%	40,6 M €	+2050%	1,9 M €	+9.7%	1,7 M €	+25.1%	1,4 M €	+27.4%	1,1 M €	+4.1%	1 M €	-33.1%	1,6 M €	-33.8%	2,3 M €	+80.5%	1,3 M €	+1.3%	1,3 M €	+69.2%	757,3 k €	-69.8%	2,5 M €	-15.7%	3 M €	+607%	421,1 k €
Debts	10,3 M €	+156%	4 M €	-16.2%	4,8 M €	-0.4%	4,8 M €	-54.1%	10,5 M €	+488%	1,8 M €	-77.1%	7,8 M €	+171%	2,9 M €	-17.4%	3,5 M €	-28.4%	4,9 M €	-14.5%	5,7 M €	-14.8%	6,7 M €	-10.8%	7,5 M €	+24.3%	6,1 M €	+1.8%	5,9 M €	+2.2%	5,8 M €	-3.0%	6 M €	+4.9%	5,7 M €	-5.7%	6,1 M €	+0.7%	6 M €
Other
Workforce	1,5 ETP	+25.0%	1,2 ETP	0.0%	1,2 ETP	+140%	0,5 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/11/2025 · 4 active · 22 ended

Active mandates

Nexus8

Director · since 21 septembre 2023 · until 05 mai 2028 · 0764.303.580

Represented by Nathan Poulet

Active

Marc Poulet

Director · since 24 mai 2023 · until 05 mai 2028

Active

Pascal Poulet

Director · since 24 mai 2023 · until 05 mai 2028

Active

BIGTREE

Director · since 01 juillet 2022 · until 05 mai 2028 · 0774.349.614

Represented by Poulet Bryan

Active

Ended mandates

Marc Poulet

Managing director · since 24 mai 2023 · until 05 mai 2028

Ended

Nathan Poulet

Director · since 01 juillet 2022 · until 21 septembre 2023

Ended

Nathan Poulet

Director · since 01 juillet 2022 · until 05 mai 2028

Ended

Marc Poulet

Managing director · since 24 septembre 2020 · until 24 septembre 2026

Ended

At this address

Other companies at this address

Company	CBE no.
FIDUSCA GROUP● Active	0782.922.533
HOEFMAN● Active	0416.921.143

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	01/12/2024	01/12/2023	01/12/2022	01/12/2021	01/12/2020	01/12/2019
Closing of the financial year	30/11/2025	30/11/2024	30/11/2023	30/11/2022	30/11/2021	30/11/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	05/05/2025	01/07/2024	29/06/2023	03/10/2022	29/06/2021
General meeting	01/06/2026	10/04/2025	27/05/2024	24/05/2023	30/06/2022	31/05/2021
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	30/11/2025	01/06/2026	30/06/2026	Dutch	PDF
Abridged model	30/11/2024	10/04/2025	05/05/2025	Dutch	PDF
Abridged model	30/11/2023	27/05/2024	01/07/2024	Dutch	PDF
Abridged model	30/11/2022	24/05/2023	29/06/2023	Dutch	PDF
Abridged model	30/11/2021	30/06/2022	03/10/2022	Dutch	PDF
Abridged model	30/11/2020	31/05/2021	29/06/2021	Dutch	PDF
Abridged model	30/11/2019	02/05/2020	05/05/2020	Dutch	PDF
Abridged model	30/11/2018	03/05/2019	11/05/2019	Dutch	PDF
Abridged model	30/11/2017	04/05/2018	07/05/2018	Dutch	PDF
Abridged model	30/11/2016	05/05/2017	12/05/2017	Dutch	PDF
Abridged model	30/11/2015	06/05/2016	13/05/2016	Dutch	PDF
Abridged model	30/11/2014	02/05/2015	04/05/2015	Dutch	PDF
Abridged model	30/11/2013	02/05/2014	14/05/2014	Dutch	PDF
Abridged model	30/11/2012	03/05/2013	16/05/2013	Dutch	PDF
Abridged model	30/11/2011	04/05/2012	15/05/2012	Dutch	PDF
Abridged model	30/11/2010	06/05/2011	20/05/2011	Dutch	PDF
Abridged model	30/11/2009	07/05/2010	19/05/2010	Dutch	PDF
Abridged model	30/11/2008	04/05/2009	08/05/2009	Dutch	PDF
Abridged model	30/11/2007	02/05/2008	08/05/2008	Dutch	PDF
Abridged model	30/11/2006	04/05/2007	22/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 30/11/2025 · 4 active · 22 ended

Active mandates

Nexus8

Director · since 21 septembre 2023 · until 05 mai 2028 · 0764.303.580

Represented by Nathan Poulet

Active

Marc Poulet

Director · since 24 mai 2023 · until 05 mai 2028

Active

Pascal Poulet

Director · since 24 mai 2023 · until 05 mai 2028

Active

BIGTREE

Director · since 01 juillet 2022 · until 05 mai 2028 · 0774.349.614

Represented by Poulet Bryan

Active

Ended mandates

Marc Poulet

Managing director · since 24 mai 2023 · until 05 mai 2028

Ended

Nathan Poulet

Director · since 01 juillet 2022 · until 21 septembre 2023

Ended

Nathan Poulet

Director · since 01 juillet 2022 · until 05 mai 2028

Ended

Marc Poulet

Managing director · since 24 septembre 2020 · until 24 septembre 2026

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring20/03/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring20/01/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates11/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares02/09/2021
KAPITAAL - AANDELEN
PDF
Mandates12/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/09/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates08/06/2017
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 2025774,8 k €↑
2024
Annual accounts 2024743,2 k €↑
2023
Annual accounts 2023233,4 k €↑
24/05/2023
reconductionMarc Poulet — bestuurder
24/05/2023
reconductionPascal Poulet — bestuurder
2022
Annual accounts 2022-281,6 k €↓
01/07/2022
nominationBryan Poulet — vaste vertegenwoordiger van de BV BIGTREE
01/07/2022
nominationNathan Poulet — bestuurder
01/07/2022
nominationPascal Poulet — gedelegeerd bestuurder
2021
Annual accounts 202118 M €↑
2020
Annual accounts 2020151,2 k €↓
2019
Annual accounts 201944 M €↑
2018
Annual accounts 2018924,4 k €↓
2017
Annual accounts 20171,3 M €↑
05/05/2017
nominationPascal Poulet — bestuurder
2016
Annual accounts 20161,1 M €↑
2015
Annual accounts 2015525,9 k €↓
2014
Annual accounts 2014950,1 k €↓
2013
Annual accounts 20131,1 M €↓
2012
Annual accounts 20121,3 M €↓
2011
Annual accounts 20118,7 M €↑
2010
Annual accounts 20101,2 M €↓
2009
Annual accounts 20091,9 M €↑
2008
Annual accounts 2008784,7 k €↓
2007
Annual accounts 20072,4 M €↑
2006
Annual accounts 2006293 k €
30/06/1999
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

FIDUSCA

Overview

What does FIDUSCA do?

Trend over 20 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