ACTIVE

FINESTRA

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Financial year 2025 · closed on 31/12/2025
Net result
322,2 k €
+38.9% YoY
Gross margin
1,7 M €
+12.4% YoY
Equity
1,1 M €
+18.7% YoY
Workforce
15,6 ETP
-2.5% YoY

What does FINESTRA do?

FINESTRA is a Public limited company incorporated in 2002. Its main activity is: Joinery installation. Its registered office is in Turnhout. It employs on average 15,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0477.934.341
Incorporation
08/07/2002
Legal form
Public limited company
Registered office
Rubensstraat 20
2300 Turnhout · FlandreSee on map
Contributed capital
66 645,87 €
Latest accounts
31/12/2025
Average workforce
15,6 ETP
Activities (NACE)
43320Joinery installation· main43320Joinery installation45421Sale, maintenance and repair of motorcycles and related parts and accessories47529Retail sale of hardware, paints and glass in specialised stores47529Retail sale of hardware, paints and glass in specialised stores45422Sale, maintenance and repair of motorcycles and related parts and accessories
Joint committees (2)
  • 124
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,7 M €1,5 M €1,6 M €1,5 M €1,4 M €1,4 M €1,5 M €1,2 M €998,2 k €1,3 M €1,2 M €1,7 M €1,4 M €1,7 M €1,4 M €1,5 M €1,3 M €952,4 k €950,2 k €495,3 k €
EBITDA541,5 k €404 k €407,7 k €75,4 k €231,4 k €284,8 k €361,1 k €193,9 k €57,9 k €197,7 k €-100,8 k €373,9 k €79,2 k €103,4 k €146,6 k €219,8 k €286,7 k €193,5 k €372 k €159,5 k €
Operating result463,9 k €333 k €342,5 k €2,9 k €145,4 k €169,5 k €240,8 k €85,5 k €-26,6 k €129,5 k €-184 k €249,4 k €-52 k €-61,8 k €-13,7 k €62,9 k €104,9 k €78,6 k €292 k €96,9 k €
Net result322,2 k €231,9 k €229,1 k €6,5 k €97,3 k €104,7 k €148 k €63,9 k €-22,7 k €115,9 k €-190,4 k €174,7 k €-21,5 k €-89,4 k €34,5 k €18,8 k €79,5 k €58,7 k €191,7 k €67,5 k €
Balance sheet
Equity1,1 M €931,8 k €763,1 k €534,8 k €645,1 k €547,8 k €430,7 k €283,6 k €220,6 k €243,3 k €170,2 k €360,6 k €185,8 k €207,4 k €222,2 k €187,7 k €303,9 k €224,4 k €165,7 k €164 k €
Total assets1,9 M €1,7 M €1,5 M €1,5 M €1,8 M €1,5 M €1,5 M €1,2 M €909,4 k €1 M €1,2 M €1,2 M €1,4 M €1,4 M €1,8 M €1,8 M €1,8 M €1,3 M €1,1 M €920 k €
Cash347,5 k €794,1 k €532 k €302,6 k €347,9 k €289,9 k €311 k €292,8 k €98,9 k €182,3 k €139 k €47,4 k €161,3 k €61,2 k €418,4 k €285,1 k €269,4 k €277,3 k €331,7 k €278,3 k €
Debts779,7 k €663,4 k €758,1 k €985,2 k €1,2 M €903,3 k €1 M €893 k €686,1 k €788 k €974,7 k €806,3 k €1,2 M €1,2 M €1,2 M €1,4 M €1,4 M €856,3 k €826,7 k €755,9 k €
Other
Workforce15,6 ETP16,0 ETP16,1 ETP21,1 ETP18,3 ETP18,7 ETP16,9 ETP16,9 ETP16,4 ETP16,7 ETP20,0 ETP21,2 ETP19,2 ETP27,0 ETP22,3 ETP20,6 ETP18,8 ETP14,7 ETP13,0 ETP9,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

GROUP FS

Director · since 02 mai 2012 · 0806.168.681

Represented by Lindsay Lauwers

Active
Stijn van Grinsven

Director

Active

Ended mandates

Stijn van Grinsven

Director · since 01 novembre 2022

Ended
GROUP FS

Manager · since 02 mai 2012 · 0806.168.681

Represented by Stijn van Grinsven

Ended
GROUP FS

Manager · since 02 mai 2012 · 0806.168.681

Represented by Stijn van Grinsven

Ended
GROUP FS

Director · since 02 mai 2012 · until 17 décembre 2026 · 0806.168.681

Represented by Stijn van Grinsven

Ended
At this address

Other companies at this address

CompanyCBE no.
GROUP FS● Active
0806.168.681
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/06/202618/06/202526/02/202421/06/202322/06/202216/06/2021
General meeting16/06/202617/06/202512/02/202420/06/202321/06/202215/06/2021
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
Abridged model31/12/202516/06/202618/06/2026DutchPDF
Abridged model31/12/202417/06/202518/06/2025DutchPDF
Abridged model31/12/202312/02/202426/02/2024DutchPDF
Abridged model31/12/202220/06/202321/06/2023DutchPDF
Abridged model31/12/202121/06/202222/06/2022DutchPDF
Abridged model31/12/202015/06/202116/06/2021DutchPDF
Abridged model31/12/201916/06/202017/06/2020DutchPDF
Abridged model31/12/201818/06/201920/06/2019DutchPDF
Abridged model31/12/201719/06/201827/06/2018DutchPDF
Abridged model31/12/201620/06/201726/06/2017DutchPDF
Abridged model31/12/201521/06/201629/06/2016DutchPDF
Abridged model31/12/201416/06/201517/06/2015DutchPDF
Abridged model31/12/201317/06/201418/06/2014DutchPDF
Abridged model31/12/201218/06/201319/06/2013DutchPDF
Abridged model31/12/201119/06/201221/06/2012DutchPDF
Abridged model31/12/201021/06/201122/06/2011DutchPDF
Abridged model31/12/200915/06/201001/07/2010DutchPDF
Abridged model31/12/200816/06/200917/06/2009DutchPDF
Abridged model31/12/200717/06/200820/06/2008DutchPDF
Abridged model31/12/200619/06/200709/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 2 active · 15 ended

Active mandates

GROUP FS

Director · since 02 mai 2012 · 0806.168.681

Represented by Lindsay Lauwers

Active
Stijn van Grinsven

Director

Active

Ended mandates

Stijn van Grinsven

Director · since 01 novembre 2022

Ended
GROUP FS

Manager · since 02 mai 2012 · 0806.168.681

Represented by Stijn van Grinsven

Ended
GROUP FS

Manager · since 02 mai 2012 · 0806.168.681

Represented by Stijn van Grinsven

Ended
GROUP FS

Director · since 02 mai 2012 · until 17 décembre 2026 · 0806.168.681

Represented by Stijn van Grinsven

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/04/2014
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates22/05/2012
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring21/05/2012
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - KAPITAAL - AANDELEN
    PDF
  • Restructuring27/03/2012
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring08/03/2012
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Other08/03/2012
    DIVERSEN
    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. 2025
    Annual accounts 2025322,2 k €↑
  2. 2024
    Annual accounts 2024231,9 k €↑
  3. 2023
    Annual accounts 2023229,1 k €↑
  4. 2022
    Annual accounts 20226,5 k €↓
  5. 2021
    Annual accounts 202197,3 k €↓
  6. 2020
    Annual accounts 2020104,7 k €↓
  7. 2019
    Annual accounts 2019148 k €↑
  8. 2018
    Annual accounts 201863,9 k €↑
  9. 2017
    Annual accounts 2017-22,7 k €↓
  10. 2016
    Annual accounts 2016115,9 k €↑
  11. 2015
    Annual accounts 2015-190,4 k €↓
  12. 2014
    Annual accounts 2014174,7 k €↑
  13. 2013
    Annual accounts 2013-21,5 k €↑
  14. 2012
    Annual accounts 2012-89,4 k €↓
  15. 2011
    Annual accounts 201134,5 k €↑
  16. 2010
    Annual accounts 201018,8 k €↓
  17. 2009
    Annual accounts 200979,5 k €↑
  18. 2008
    Annual accounts 200858,7 k €↓
  19. 2007
    Annual accounts 2007191,7 k €↑
  20. 2006
    Annual accounts 200667,5 k €
  21. 08/07/2002
    IncorporationPublic limited company