NORMAL SITUATION

FINSTAR GROUP

Financial year 2022 · closed on 30/06/2022
Net result
74,6 k €
-71.8% YoY
Revenue
854,9 k €
-20.2% YoY
Equity
13,8 M €
+0.5% YoY
Workforce
7,4 ETP
+10.4% YoY

Company — Normal situation.

What does FINSTAR GROUP do?

FINSTAR GROUP is a company registered in Belgium. It employs on average 7,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0477.015.712
Legal form
Public limited company
Contributed capital
61 600,00 €
Latest accounts
30/06/2022
Average workforce
7,4 ETP
Joint committees (2)
  • 119
  • 200
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2022202120192018201720162015201420132012201120102009200820072006
Income statement
Revenue854,9 k €1,1 M €
EBITDA118,1 k €134,1 k €-31,9 k €-22,1 k €-13,3 k €-6,1 k €-23,7 k €-6,9 k €-16,8 k €-12,4 k €-6,4 k €-7,6 k €-2,1 k €-2 k €-1,4 k €-2,3 k €
Operating result100,8 k €116,6 k €-31,9 k €-22,1 k €-13,3 k €-6,1 k €-23,7 k €-6,9 k €-16,8 k €-12,4 k €-6,4 k €-7,6 k €-2,1 k €-2 k €-1,4 k €-2,3 k €
Net result74,6 k €264,6 k €1,3 M €619,8 k €683,7 k €1,2 M €1,2 M €1,3 M €1 M €929,4 k €1,1 M €950,5 k €1 M €828 k €308,6 k €267,9 k €
Balance sheet
Equity13,8 M €13,8 M €12,9 M €11,6 M €11 M €10,3 M €9,1 M €7,9 M €6,6 M €5,6 M €5 M €3,9 M €3 M €2 M €1,1 M €816,4 k €
Total assets15,1 M €15,2 M €14,8 M €14,7 M €15,7 M €16,1 M €16 M €15,1 M €6,6 M €6 M €5 M €3,9 M €3 M €2,6 M €1,1 M €817,9 k €
Cash71,2 k €182,1 k €277,9 k €144,1 k €842,5 k €1,2 M €905,6 k €17,5 k €4 M €2,9 M €2,4 M €949,7 k €421,4 k €5,7 k €12,7 k €13,1 k €
Debts1,2 M €1,4 M €1,9 M €3,1 M €4,7 M €5,8 M €6,8 M €7,2 M €7 k €405,7 k €1,2 k €2,8 k €20,1 k €601,8 k €3,1 k €1,4 k €
Other
Workforce7,4 ETP6,7 ETP
Governance

Board of directors

Seen on filing of 30/06/2022 · 2 active · 21 ended

Active mandates

Amir SHEIKH

Managing director · since 12 février 2021 · until 03 décembre 2027

Active
Samir Sheikh

Director · since 12 février 2021 · until 03 décembre 2027

Active

Ended mandates

M.TEFNIN et Co

Director · since 12 février 2019 · until 12 février 2021 · 0457.546.921

Represented by Michel TEFNIN

Ended
M.TEFNIN et Co

Director · since 12 février 2019 · until 12 février 2025 · 0457.546.921

Represented by Michel Tefnin

Ended
Grimobel

Mandate · since 25 janvier 2018 · until 30 juin 2020 · 0421.854.483

Represented by Jos Linkens

Ended
Grimobel

Director · since 25 janvier 2018 · until 30 juin 2020 · 0421.854.483

Represented by Jos Linkens

Ended
Annual accounts

Full financial information

202220212020201920182017
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/07/202101/07/202001/07/201901/07/201801/07/201701/01/2017
Closing of the financial year30/06/202230/06/202130/06/202030/06/201930/06/201830/06/2017
Length of the financial year12 months12 months12 months12 months12 months6 months
Filing date24/02/202329/07/202226/02/202131/01/202014/02/201931/01/2018
General meeting31/01/202327/07/202212/02/202121/01/202012/02/201925/01/2018
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

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/06/202231/01/202324/02/2023FrenchPDF
Full model30/06/202127/07/202229/07/2022FrenchPDF
Full model30/06/202012/02/202126/02/2021FrenchPDF
Full model30/06/201921/01/202031/01/2020FrenchPDF
Full model30/06/201812/02/201914/02/2019FrenchPDF
Full model30/06/201725/01/201831/01/2018FrenchPDF
Full model31/12/201608/05/201726/06/2017FrenchPDF
Full modelCorrection31/12/201509/05/201629/09/2016FrenchPDF
Full model31/12/201509/05/201631/08/2016FrenchPDF
Full model31/12/201411/05/201529/09/2015FrenchPDF
Full model31/12/201323/05/201416/06/2014FrenchPDF
Full model31/12/201205/06/201307/06/2013FrenchPDF
Full model31/12/201104/06/201229/06/2012FrenchPDF
Abridged model31/12/201029/06/201130/06/2011FrenchPDF
Abridged model31/12/200910/05/201029/07/2010FrenchPDF
Abridged model31/12/200830/06/200921/10/2009FrenchPDF
Abridged model31/12/200730/06/200827/08/2008FrenchPDF
Abridged model31/12/200629/06/200731/08/2007FrenchPDF
Abridged model31/12/200526/06/200626/07/2006FrenchPDF
Abridged model31/12/200430/09/200517/10/2005FrenchPDF
Abridged model31/12/200325/10/200403/12/2004FrenchPDF
Abridged model31/12/200224/10/200301/12/2003FrenchPDF
Estimate

Indicative valuation

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 30/06/2022 · 2 active · 21 ended

Active mandates

Amir SHEIKH

Managing director · since 12 février 2021 · until 03 décembre 2027

Active
Samir Sheikh

Director · since 12 février 2021 · until 03 décembre 2027

Active

Ended mandates

M.TEFNIN et Co

Director · since 12 février 2019 · until 12 février 2021 · 0457.546.921

Represented by Michel TEFNIN

Ended
M.TEFNIN et Co

Director · since 12 février 2019 · until 12 février 2025 · 0457.546.921

Represented by Michel Tefnin

Ended
Grimobel

Mandate · since 25 janvier 2018 · until 30 juin 2020 · 0421.854.483

Represented by Jos Linkens

Ended
Grimobel

Director · since 25 janvier 2018 · until 30 juin 2020 · 0421.854.483

Represented by Jos Linkens

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution24/08/2023
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates17/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring26/06/2023
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates17/01/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/04/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring14/02/2020
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring03/01/2020
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates31/05/2019
    DEMISSIONS, NOMINATIONS
    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. 2022
    Annual accounts 202274,6 k €
  2. 2021
    Annual accounts 2021264,6 k €
  3. 2019
    Annual accounts 20191,3 M €
  4. 2018
    Annual accounts 2018619,8 k €
  5. 2017
    Annual accounts 2017683,7 k €
  6. 2016
    Annual accounts 20161,2 M €
  7. 2015
    Annual accounts 20151,2 M €
  8. 2014
    Annual accounts 20141,3 M €
  9. 2013
    Annual accounts 20131 M €
  10. 2012
    Annual accounts 2012929,4 k €
  11. 2011
    Annual accounts 20111,1 M €
  12. 2010
    Annual accounts 2010950,5 k €
  13. 2009
    Annual accounts 20091 M €
  14. 2008
    Annual accounts 2008828 k €
  15. 2007
    Annual accounts 2007308,6 k €
  16. 2006
    Annual accounts 2006267,9 k €