ACTIVE

FINACOR

Financial year 2024 · closed on 31/12/2024
Net result
9,9 k €
+72.9% YoY
Gross margin
14,1 k €
+66.3% YoY
Equity
61,3 k €
+19.3% YoY

What does FINACOR do?

FINACOR is a Private limited company incorporated in 2000. Its registered office is in Kortemark.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0471.316.070
Incorporation
29/02/2000
Legal form
Private limited company
Registered office
Stationsstraat 13
8610 Kortemark · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin14,1 k €8,5 k €5,7 k €11,6 k €21,1 k €10,3 k €3,2 k €6,9 k €8 k €13,9 k €13,7 k €8,4 k €291,5 €21,7 k €4,1 k €14,2 k €3,1 k €7 k €13,3 k €
EBITDA14 k €8,4 k €5,6 k €11,5 k €18,3 k €10 k €2,2 k €5,7 k €6,8 k €12,2 k €12,7 k €9,5 k €3,4 k €13,3 k €3,5 k €13,7 k €2,5 k €5,6 k €14 k €
Operating result14 k €8,3 k €4,4 k €10,3 k €17,2 k €8,7 k €306,5 €1,6 k €2,3 k €6,6 k €7,5 k €4,8 k €424,4 €10,4 k €1,7 k €8,1 k €-3,1 k €-4,6 k €3,8 k €
Net result9,9 k €5,7 k €3,3 k €7,5 k €12,9 k €6 k €1 k €-54,5 €-19,2 k €3,7 k €3,8 k €2,1 k €-775,5 €7 k €-1,7 k €914,9 €-1,5 k €-4,7 k €1,4 k €
Balance sheet
Equity61,3 k €51,4 k €45,7 k €42,3 k €34,8 k €21,9 k €15,9 k €14,9 k €14,9 k €21,8 k €18,1 k €14,3 k €12,1 k €12,9 k €12,5 k €14,1 k €13,2 k €14,8 k €19,5 k €
Total assets90,2 k €71,3 k €62,9 k €74,1 k €61,5 k €48 k €39,6 k €37,9 k €31,5 k €53,2 k €63,6 k €64,4 k €72,1 k €70,7 k €60,8 k €62,6 k €62,1 k €57 k €69,3 k €
Cash75 k €57,8 k €47,7 k €59,6 k €48,8 k €34,9 k €22,1 k €10,3 k €2,8 k €898,6 €885,6 €5,9 k €4,5 k €10 k €7,3 k €14,9 k €2,3 k €5,6 k €3,4 k €
Debts28,9 k €17,9 k €17 k €31,2 k €25,1 k €23,5 k €20,7 k €20,1 k €13,4 k €27,5 k €41,4 k €45,9 k €53,9 k €48 k €46,5 k €46,6 k €46,2 k €35,8 k €39,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 5 ended

Active mandates

TOM (001-001) LALOO

Director

Active

Ended mandates

Tom Laloo

Manager · since 16 octobre 2005

Ended
JO VOLCERYCK

Manager

Ended
JO VOLCKERYCK

Mandate

Ended
TOM LALOO

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
LAVAREALActive
0676.498.784
NordvestActive
0439.711.094
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/09/202505/10/202429/09/202313/10/202230/09/202129/11/2020
General meeting31/08/202506/09/202406/06/202306/06/202206/06/202108/09/2020
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
Micro model31/12/202431/08/202528/09/2025DutchPDF
Micro model31/12/202306/09/202405/10/2024DutchPDF
Micro model31/12/202206/06/202329/09/2023DutchPDF
Micro model31/12/202106/06/202213/10/2022DutchPDF
Micro model31/12/202006/06/202130/09/2021DutchPDF
Micro model31/12/201908/09/202029/11/2020DutchPDF
Micro model31/12/201806/06/201913/10/2019DutchPDF
Micro model31/12/201706/06/201830/09/2018DutchPDF
Micro model31/12/201606/06/201730/09/2017DutchPDF
Abridged model31/12/201506/06/201630/09/2016DutchPDF
Abridged model31/12/201406/06/201530/09/2015DutchPDF
Abridged model31/12/201306/06/201414/08/2014DutchPDF
Abridged model31/12/201206/06/201327/08/2013DutchPDF
Abridged model31/12/201106/06/201231/08/2012DutchPDF
Abridged model31/12/201006/06/201129/09/2011DutchPDF
Abridged model31/12/200906/06/201031/08/2010DutchPDF
Abridged model31/12/200806/06/200929/08/2009DutchPDF
Abridged model31/12/200702/06/200828/08/2008DutchPDF
Abridged modelCorrection31/12/200604/06/200729/11/2007DutchPDF
Abridged model31/12/200604/06/200726/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2024 · 1 active · 5 ended

Active mandates

TOM (001-001) LALOO

Director

Active

Ended mandates

Tom Laloo

Manager · since 16 octobre 2005

Ended
JO VOLCERYCK

Manager

Ended
JO VOLCKERYCK

Mandate

Ended
TOM LALOO

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office22/09/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office03/07/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates15/04/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/02/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/01/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/02/2005
    DIVERSEN
    PDF
  • Registered office06/09/2004
    MAATSCHAPPELIJKE ZETEL
    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. 2024
    Annual accounts 20249,9 k €
  2. 2023
    Annual accounts 20235,7 k €
  3. 2022
    Annual accounts 20223,3 k €
  4. 2021
    Annual accounts 20217,5 k €
  5. 2020
    Annual accounts 202012,9 k €
  6. 2019
    Annual accounts 20196 k €
  7. 2018
    Annual accounts 20181 k €
  8. 2017
    Annual accounts 2017-54,5 €
  9. 2016
    Annual accounts 2016-19,2 k €
  10. 2015
    Annual accounts 20153,7 k €
  11. 2014
    Annual accounts 20143,8 k €
  12. 2013
    Annual accounts 20132,1 k €
  13. 2012
    Annual accounts 2012-775,5 €
  14. 2011
    Annual accounts 20117 k €
  15. 2010
    Annual accounts 2010-1,7 k €
  16. 2009
    Annual accounts 2009914,9 €
  17. 2008
    Annual accounts 2008-1,5 k €
  18. 2007
    Annual accounts 2007-4,7 k €
  19. 2006
    Annual accounts 20061,4 k €
  20. 29/02/2000
    IncorporationPrivate limited company