ACTIVE

FINAWIRS

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Financial year 2025 · closed on 31/12/2025

Net result

1,5 M €

-74.6% YoY

Revenue

1,1 M €

+0.8% YoY

Equity

6,2 M €

-29.1% YoY

What does FINAWIRS do?

FINAWIRS is a Public limited company incorporated in 2000. Its main activity is: Management consultancy activities. Its registered office is in Flémalle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.400.501

Incorporation

10/03/2000

Legal form

Public limited company

Registered office

Rue des Awirs(AWR) 198
4400 Flémalle · Wallonie

Contributed capital

1 000 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	1,1 M €	+0.8%	1,1 M €	+5.3%	1,0 M €	+0.4%	1,0 M €	-1.9%	1,0 M €	+43.1%	714,1 k €	+0.2%	712,8 k €	-0.2%	714,4 k €	+3.9%	687,8 k €	+6.6%	645,3 k €	+16.3%	554,7 k €	+6.5%	520,6 k €	+18.9%	437,7 k €	+261%	121,3 k €	+34.1%	90,4 k €	-4.6%	94,8 k €	-2.3%	97,0 k €	-20.0%	121,3 k €	+37.5%	88,2 k €
EBITDA	335,2 k €	-44.3%	601,8 k €	+317%	144,2 k €	-16.0%	171,7 k €	-1.8%	174,9 k €	+252%	-115,2 k €	-160%	193,3 k €	+30.2%	148,4 k €	-33.3%	222,6 k €	-10.4%	248,4 k €	+103%	122,5 k €	+27.9%	95,8 k €	+24.3%	77,1 k €	+103%	37,9 k €	+151%	-74,5 k €	-295%	38,3 k €	-7.6%	41,4 k €	-40.2%	69,2 k €	+151%	27,6 k €
Operating result	319,8 k €	-45.5%	586,5 k €	+330%	136,2 k €	-20.1%	170,4 k €	+4.0%	163,9 k €	+230%	-126,5 k €	-174%	170,6 k €	+49.8%	113,9 k €	-39.4%	187,8 k €	-12.8%	215,3 k €	+108%	103,3 k €	+19.7%	86,3 k €	+25.4%	68,8 k €	+122%	31,0 k €	+142%	-74,5 k €	-295%	38,3 k €	-7.6%	41,4 k €	-40.2%	69,2 k €	+151%	27,6 k €
Net result	1,5 M €	-74.6%	5,8 M €	+5067%	-116,3 k €	-120%	579,0 k €	-0.4%	581,3 k €	+330%	-252,6 k €	-116%	1,6 M €	+3191%	-51,9 k €	-102%	3,1 M €	-70.4%	10,4 M €	+24090%	-43,2 k €	-114%	298,4 k €	+22.3%	244,1 k €	-76.6%	1,0 M €	+719%	127,5 k €	-25.2%	170,4 k €	+1.2%	168,4 k €	-0.1%	168,6 k €	+624%	-32,2 k €
Balance sheet
Equity	6,2 M €	-29.1%	8,7 M €	+3.3%	8,4 M €	-40.0%	14,0 M €	-2.6%	14,4 M €	-0.2%	14,4 M €	-5.6%	15,3 M €	+7.0%	14,3 M €	-4.4%	14,9 M €	+12.1%	13,3 M €	+138%	5,6 M €	-7.7%	6,0 M €	+5.2%	5,8 M €	-3.0%	5,9 M €	+21.4%	4,9 M €	+2.7%	4,8 M €	+3.7%	4,6 M €	+3.8%	4,4 M €	+4.0%	4,2 M €
Total assets	17,3 M €	-0.4%	17,4 M €	-9.4%	19,2 M €	+0.5%	19,1 M €	+1.4%	18,8 M €	+1.0%	18,6 M €	-1.9%	19,0 M €	+6.0%	17,9 M €	-6.1%	19,1 M €	+6.8%	17,9 M €	+78.1%	10,0 M €	+15.9%	8,7 M €	+2.0%	8,5 M €	+2.6%	8,3 M €	+42.5%	5,8 M €	+2.0%	5,7 M €	+2.4%	5,6 M €	+3.5%	5,4 M €	+3.5%	5,2 M €
Cash	9,2 k €	-89.0%	83,8 k €	-37.3%	133,7 k €	+149%	53,7 k €	-91.4%	621,3 k €	+153%	246,0 k €	+32.4%	185,7 k €	+909%	18,4 k €	-77.6%	82,2 k €	-46.8%	154,5 k €	+391%	31,5 k €	-85.2%	212,4 k €	-37.9%	342,2 k €	+241%	100,5 k €	+170%	37,2 k €	-63.7%	102,5 k €	+60.5%	63,8 k €	+13.4%	56,3 k €	+139%	23,6 k €
Debts	11,0 M €	+29.1%	8,5 M €	-19.6%	10,6 M €	+118%	4,9 M €	+15.4%	4,2 M €	+5.8%	4,0 M €	+14.9%	3,5 M €	+2.5%	3,4 M €	-12.2%	3,8 M €	-9.0%	4,2 M €	+3.4%	4,1 M €	+83.1%	2,2 M €	-4.8%	2,3 M €	+23.8%	1,9 M €	+105%	924,8 k €	-1.5%	938,8 k €	-3.6%	974,2 k €	+1.8%	956,5 k €	+1.3%	944,0 k €
Other
Workforce	–		–		–		–		0,3 ETP	-40.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP		–		0,5 ETP	+150%	0,2 ETP		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 29 ended

Active mandates

LA FERME D'ELBECK

Director · since 07 mai 2025 · until 19 juin 2026 · 0747.785.668

Represented by Pierre PORTIER

Active

P4WARD

Director · since 07 mai 2025 · until 19 juin 2026 · 1023.185.001

Represented by Paul PORTIER

Active

Françoise BELFROID

Director · since 28 juin 2023 · until 19 juin 2026

Active

Germain PORTIER

Managing director · since 28 juin 2023 · until 19 juin 2026

Active

Raphaël GRIMONT

Managing director · since 28 juin 2023 · until 19 juin 2026

Active

SOGINVEST

Director · since 28 juin 2023 · until 19 juin 2026 · 0455.682.739

Represented by ANDRE KILESSE

Active

Ended mandates

Françoise BELFROID

Director · since 28 juin 2023 · until 17 juin 2026

Ended

Germain PORTIER

Managing director · since 28 juin 2023 · until 17 juin 2026

Ended

Paul PORTIER

Vice-chairman of the board of directors · since 28 juin 2023 · until 17 juin 2026

Ended

Pierre PORTIER

Vice-chairman of the board of directors · since 28 juin 2023 · until 17 juin 2026

Ended

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	23/06/2026	04/07/2025	02/07/2024	20/06/2023	13/07/2022	28/06/2021
General meeting	19/06/2026	20/06/2025	30/06/2024	16/06/2023	17/06/2022	18/06/2021
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

29 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	23/06/2026	French	PDF
Full model	31/12/2024	20/06/2025	04/07/2025	French	PDF
Full model	31/12/2023	30/06/2024	02/07/2024	French	PDF
Full model	31/12/2022	16/06/2023	20/06/2023	French	PDF
Full model	31/12/2021	17/06/2022	13/07/2022	French	PDF
Full model	31/12/2020	18/06/2021	28/06/2021	French	PDF
Full model	31/12/2019	26/06/2020	06/07/2020	French	PDF
Full model	31/12/2018	28/06/2019	02/07/2019	French	PDF
m120-f-p	31/12/2018	28/06/2019	01/08/2019	French	PDF
Full model	31/12/2017	22/06/2018	07/08/2018	French	PDF
m120-f-p	31/12/2017	22/06/2018	26/07/2018	French	PDF
Full model	31/12/2016	23/06/2017	26/06/2017	French	PDF
m120-f-p	31/12/2016	23/06/2017	04/07/2017	French	PDF
Full model	31/12/2015	24/06/2016	28/06/2016	French	PDF
Full model	31/12/2014	26/06/2015	01/07/2015	French	PDF
Full model	31/12/2013	27/06/2014	07/07/2014	French	PDF
Full model	31/12/2012	27/05/2013	16/07/2013	French	PDF
Full model	31/12/2011	22/06/2012	11/07/2012	French	PDF
m120-f-p	31/12/2011	22/06/2012	25/07/2012	French	PDF
Full model	31/12/2010	24/06/2011	08/07/2011	French	PDF
m120-f-p	31/12/2010	24/06/2011	20/07/2011	French	PDF
Full model	31/12/2009	25/06/2010	19/07/2010	French	PDF
m120-f-p	31/12/2009	25/06/2010	18/08/2010	French	PDF
Full model	31/12/2008	26/06/2009	30/07/2009	French	PDF

View all 29 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 6 active · 29 ended

Active mandates

LA FERME D'ELBECK

Director · since 07 mai 2025 · until 19 juin 2026 · 0747.785.668

Represented by Pierre PORTIER

Active

P4WARD

Director · since 07 mai 2025 · until 19 juin 2026 · 1023.185.001

Represented by Paul PORTIER

Active

Françoise BELFROID

Director · since 28 juin 2023 · until 19 juin 2026

Active

Germain PORTIER

Managing director · since 28 juin 2023 · until 19 juin 2026

Active

Raphaël GRIMONT

Managing director · since 28 juin 2023 · until 19 juin 2026

Active

SOGINVEST

Director · since 28 juin 2023 · until 19 juin 2026 · 0455.682.739

Represented by ANDRE KILESSE

Active

Ended mandates

Françoise BELFROID

Director · since 28 juin 2023 · until 17 juin 2026

Ended

Germain PORTIER

Managing director · since 28 juin 2023 · until 17 juin 2026

Ended

Paul PORTIER

Vice-chairman of the board of directors · since 28 juin 2023 · until 17 juin 2026

Ended

Pierre PORTIER

Vice-chairman of the board of directors · since 28 juin 2023 · until 17 juin 2026

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other14/09/2026
Extrait de l'Assemblée Générale ordinaire du 19/06/2026
PDF
Mandates06/03/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates10/08/2023
DEMISSIONS, NOMINATIONS
PDF
Other19/07/2022
ASSEMBLEE GENERALE
PDF
Mandates31/12/2020
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates09/11/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates02/08/2019
DEMISSIONS, NOMINATIONS
PDF
Capital / shares16/11/2017
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 20251,5 M €↓
2024
Annual accounts 20245,8 M €↑
2023
Annual accounts 2023-116,3 k €↓
2022
Annual accounts 2022579,0 k €↓
2021
Annual accounts 2021581,3 k €↑
2020
Annual accounts 2020-252,6 k €↓
2019
Annual accounts 20191,6 M €↑
2018
Annual accounts 2018-51,9 k €↓
2017
Annual accounts 20173,1 M €↓
2016
Annual accounts 201610,4 M €↑
2015
Annual accounts 2015-43,2 k €↓
2014
Annual accounts 2014298,4 k €↑
2013
Annual accounts 2013244,1 k €↓
2012
Annual accounts 20121,0 M €↑
2011
Annual accounts 2011127,5 k €↓
2010
Annual accounts 2010170,4 k €↑
2009
Annual accounts 2009168,4 k €↓
2008
Annual accounts 2008168,6 k €↑
2007
Annual accounts 2007-32,2 k €
10/03/2000
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

FINAWIRS

Overview

What does FINAWIRS do?

Trend over 19 financial years

Indicative valuation

Board of directors

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