ACTIVE

FINPARCO

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Financial year 2025 · closed on 31/12/2025

Net result

1,3 M €

-84.5% YoY

Gross margin

251,7 k €

-11.6% YoY

Equity

13,2 M €

+10.9% YoY

Workforce

0,0 ETP

What does FINPARCO do?

FINPARCO is a Private limited company incorporated in 2000. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.436.331

Incorporation

14/03/2000

Legal form

Private limited company

Registered office

Bourlastraat 3
2000 Antwerpen · FlandreSee on map

Contributed capital

1 165 443,64 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 41001Construction of buildings 41201Construction of residential and non-residential buildings 68100Buying and selling of own real estate+1

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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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	251,7 k €	-11.6%	284,7 k €	-1.4%	288,7 k €	+41.3%	204,2 k €	-35.7%	317,8 k €	+33.2%	238,6 k €	-95.7%	5,5 M €	+1974%	265,0 k €	-3.5%	274,7 k €	-7.7%	297,5 k €	+28.7%	231,2 k €	-9.1%	254,3 k €	+1.6%	250,4 k €	+17.6%	212,9 k €	+9.8%	194,0 k €	-8.7%	212,4 k €	+26.5%	167,9 k €	+8.3%	155,0 k €
EBITDA	162,1 k €	-18.9%	199,9 k €	-8.5%	218,4 k €	+53.5%	142,3 k €	-44.2%	254,9 k €	+41.5%	180,1 k €	-96.7%	5,4 M €	+2428%	215,5 k €	-6.3%	230,0 k €	-5.9%	244,3 k €	+33.7%	182,7 k €	-13.3%	210,7 k €	-14.0%	244,8 k €	+15.2%	212,5 k €	+9.8%	193,6 k €	-8.7%	211,9 k €	+26.5%	167,5 k €	+8.2%	154,8 k €
Operating result	-28,3 k €	-135%	80,7 k €	-22.1%	103,6 k €	+114%	48,4 k €	-70.2%	162,4 k €	+1059%	14,0 k €	-99.7%	5,3 M €	+4440%	117,8 k €	-17.6%	143,0 k €	-5.1%	150,6 k €	+56.9%	96,0 k €	+7.2%	89,6 k €	-29.9%	127,8 k €	+30.8%	97,7 k €	+66.8%	58,6 k €	-5.6%	62,1 k €	-13.1%	71,4 k €	+36.7%	52,2 k €
Net result	1,3 M €	-84.5%	8,4 M €	+280%	2,2 M €	+3348%	-67,7 k €	-103%	2,2 M €	+190%	-2,5 M €	-149%	5,0 M €	+203%	1,7 M €	+237%	490,5 k €	+45.8%	336,5 k €	+7.6%	312,7 k €	+55.6%	200,9 k €	+103%	-7,6 M €	-180183%	4,2 k €	-97.1%	146,8 k €	+725%	-23,5 k €	-1337%	1,9 k €	+114%	-13,8 k €
Balance sheet
Equity	13,2 M €	+10.9%	11,9 M €	+237%	3,5 M €	-62.3%	9,4 M €	-4.9%	9,8 M €	+13.4%	8,7 M €	-22.1%	11,1 M €	+81.8%	6,1 M €	+37.0%	4,5 M €	-13.2%	5,1 M €	+7.0%	4,8 M €	+7.0%	4,5 M €	+4.7%	4,3 M €	+1405%	285,4 k €	+1.5%	281,2 k €	+109%	134,4 k €	-14.9%	157,9 k €	+1.2%	156,0 k €
Total assets	27,5 M €	+9.0%	25,2 M €	+55.0%	16,3 M €	+22.2%	13,3 M €	-17.1%	16,1 M €	+48.4%	10,8 M €	-16.1%	12,9 M €	+58.3%	8,2 M €	+22.6%	6,7 M €	-7.3%	7,2 M €	+1.9%	7,0 M €	+3.8%	6,8 M €	-0.0%	6,8 M €	+135%	2,9 M €	-2.9%	3,0 M €	+0.2%	3,0 M €	+55.7%	1,9 M €	-4.5%	2,0 M €
Cash	1,1 M €	+204%	356,2 k €	+329%	83,1 k €	-51.1%	169,9 k €	-93.4%	2,6 M €	+384%	531,2 k €	-78.5%	2,5 M €	+4521%	53,5 k €	+69.7%	31,6 k €	-75.4%	128,4 k €	+78.5%	71,9 k €	-64.1%	200,4 k €	+65.1%	121,4 k €	+167%	45,5 k €	+171%	16,8 k €	+59.2%	10,5 k €	-66.7%	31,6 k €	-49.4%	62,5 k €
Debts	14,3 M €	+7.7%	13,3 M €	+4.4%	12,7 M €	+221%	4,0 M €	-36.4%	6,2 M €	+187%	2,2 M €	+21.0%	1,8 M €	-12.1%	2,0 M €	-6.9%	2,2 M €	+7.6%	2,0 M €	-9.0%	2,2 M €	-2.5%	2,3 M €	-4.5%	2,4 M €	-3.7%	2,5 M €	-3.3%	2,6 M €	-9.0%	2,8 M €	+62.1%	1,7 M €	-4.9%	1,8 M €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

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 31/12/2025 · 1 active · 2 ended

Active mandates

Christophe Velge

Director · since 01 mars 2000

Active

Ended mandates

Christophe Velge

Administrator - manager · since 01 mars 2000

Ended

Christophe Velge

Manager · since 01 mars 2000

Ended

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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	01/01/2025	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	20/07/2026	30/05/2025	03/07/2024	12/06/2023	27/06/2022	19/08/2021
General meeting	30/06/2026	19/05/2025	19/06/2024	01/06/2023	03/06/2022	30/06/2021
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	31/12/2025	30/06/2026	20/07/2026	Dutch	PDF
Abridged model	31/12/2024	19/05/2025	30/05/2025	Dutch	PDF
Abridged model	31/12/2023	19/06/2024	03/07/2024	Dutch	PDF
Abridged model	31/12/2022	01/06/2023	12/06/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	27/06/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	19/08/2021	Dutch	PDF
Abridged model	31/12/2019	04/05/2020	27/05/2020	Dutch	PDF
Abridged model	31/12/2018	24/05/2019	17/06/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	11/07/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	18/07/2017	Dutch	PDF
Abridged model	31/12/2015	29/06/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	15/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/05/2014	06/05/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	26/07/2013	Dutch	PDF
Abridged model	31/12/2011	26/06/2012	24/07/2012	Dutch	PDF
Abridged model	31/12/2010	06/05/2011	29/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/05/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	04/05/2009	01/07/2009	Dutch	PDF
Abridged model	31/12/2007	05/05/2008	28/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/05/2007	26/06/2007	Dutch	PDF

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 31/12/2025 · 1 active · 2 ended

Active mandates

Christophe Velge

Director · since 01 mars 2000

Active

Ended mandates

Christophe Velge

Administrator - manager · since 01 mars 2000

Ended

Christophe Velge

Manager · since 01 mars 2000

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares30/04/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - KAPITAAL - AANDELEN
PDF
Capital / shares29/06/2015
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares06/06/2011
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Registered office18/06/2008
verplaatsing zetel
PDF
Capital / shares13/01/2006
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 20251,3 M €↓
2024
Annual accounts 20248,4 M €↑
2023
Annual accounts 20232,2 M €↑
2022
Annual accounts 2022-67,7 k €↓
2021
Annual accounts 20212,2 M €↑
2018
Annual accounts 2018-2,5 M €↓
2018
Name changeFinparco
2017
Annual accounts 20175,0 M €↑
2016
Annual accounts 20161,7 M €↑
2015
Annual accounts 2015490,5 k €↑
2014
Annual accounts 2014336,5 k €↑
2013
Annual accounts 2013312,7 k €↑
2012
Annual accounts 2012200,9 k €↑
2011
Annual accounts 2011-7,6 M €↓
2010
Annual accounts 20104,2 k €↓
2009
Annual accounts 2009146,8 k €↑
2008
Annual accounts 2008-23,5 k €↓
2007
Annual accounts 20071,9 k €↑
2006
Annual accounts 2006-13,8 k €
2006
Name changeD & S PROJECTS
14/03/2000
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

FINPARCO

Overview

What does FINPARCO 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