ACTIVE

FINALE 24

Financial year 2025 · Closed on 31/12/2025

Net result120,2 k €-40,8 %over 1 year

Gross margin220,6 k €-27,7 %over 1 year

Equity1 M €+10,2 %over 1 year

Identity

Source · BCE/KBO

FINALE 24 is a Private limited company incorporated in 2002. Its main activity is: Electrical installation. Its registered office is in Eupen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0478.992.829
Incorporation: 11/12/2002
Legal form: Private limited company
Registered office: Textilstrasse 8
4700 Eupen · WallonieSee on map
Contributed capital: 477,72 €
Latest accounts: 31/12/2025

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 27900Manufacture of other electrical equipment 27900Manufacture of other electrical equipment 43212Electrical installation 43212Electrical installation+2

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	220,6 k €	-27.7%	305 k €	-77.0%	1,3 M €	+34.0%	988,4 k €	+103%	487,5 k €
EBITDA	219,1 k €	-27.4%	301,9 k €	-67.1%	916,6 k €	+7.9%	849,4 k €	+116%	392,6 k €
Operating result	203,9 k €	-30.9%	294,8 k €	-67.7%	913 k €	+12.0%	815,2 k €	+138%	342 k €
Net result	120,2 k €	-40.8%	202,8 k €	-67.5%	623,9 k €	+13.3%	550,6 k €	+110%	262,8 k €
Balance sheet
Equity	1 M €	+10.2%	917,8 k €	+28.2%	715,9 k €	-63.4%	2 M €	+38.9%	1,4 M €
Total assets	1,1 M €	+9.8%	998,9 k €	-9.0%	1,1 M €	-57.4%	2,6 M €	+42.3%	1,8 M €
Cash	498,3 k €	+24.0%	401,7 k €	-49.7%	798,7 k €	-21.7%	1 M €	+2.6%	993,4 k €
Debts	84,7 k €	+4.5%	81 k €	-78.8%	382 k €	-38.3%	619,1 k €	+54.4%	400,9 k €
Other
Workforce	–		–		1,0 ETP	-64.3%	2,8 ETP	+27.3%	2,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Raphael FRANSSEN	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ERIC FRANSSEN	Director2023 accountsManager2019 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro 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	02/04/2026	06/06/2025	13/08/2024	16/05/2023	16/06/2022	31/08/2021
General meeting	13/03/2026	02/06/2025	13/06/2024	17/02/2023	07/06/2022	30/08/2021
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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	13/03/2026	02/04/2026	French	PDF
Micro model	31/12/2024	02/06/2025	06/06/2025	French	PDF
Abridged model	31/12/2023	13/06/2024	13/08/2024	French	PDF
Abridged model	31/12/2022	17/02/2023	16/05/2023	French	PDF
Abridged model	31/12/2021	07/06/2022	16/06/2022	French	PDF
Abridged model	31/12/2020	30/08/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	02/06/2020	16/09/2020	French	PDF
Abridged model	31/12/2018	03/06/2019	28/08/2019	French	PDF
Abridged model	31/12/2017	04/06/2018	29/08/2018	French	PDF
Abridged model	31/12/2016	06/06/2017	03/08/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	12/08/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	30/07/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	06/08/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	21/01/2014	French	PDF
Abridged model	31/12/2011	04/06/2012	27/06/2013	French	PDF
Abridged model	31/12/2010	06/06/2011	19/03/2012	French	PDF
Abridged model	31/12/2009	07/06/2010	23/09/2010	French	PDF
Abridged model	31/12/2008	01/06/2009	03/08/2009	French	PDF
Abridged model	31/12/2007	02/06/2008	28/09/2008	French	PDF
Abridged model	31/12/2006	04/06/2007	28/08/2007	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Raphael FRANSSEN	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ERIC FRANSSEN	Director2023 accountsManager2019 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring23/05/2023
SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring27/03/2023
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates12/05/2022
DEMISSIONS, NOMINATIONS
PDF
Registered office21/09/2017
modification de l'adresse du siège social H
PDF
Other20/03/2008
modification de l'objet social
PDF
Other18/12/2002
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Raphael FRANSSEN

ERIC FRANSSEN

2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

FINALE 24

Textilstrasse 8, 4900 SpaRoute de Verviers 105, 4845 Jalhay

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Textilstrasse 8, 4700 EupenCurrent		CBE
Textilstrasse 8, 4900 Spa	accounts 2024 → 2025	Accounts 2025 · 2026-00070881
Route de Verviers 105, 4845 Jalhay	accounts 2021 → 2023	Accounts 2023 · 2024-00341493

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
FINALE 24Current	accounts 2021 → 2025	Accounts 2025 · 2026-00070881

Events

2025
Annual accounts 2025120,2 k €↓
2024
Annual accounts 2024202,8 k €↓
2023
Annual accounts 2023623,9 k €↑
2022
Annual accounts 2022550,6 k €↑
2021
Annual accounts 2021262,8 k €↓
2020
Annual accounts 2020285,7 k €↑
2019
Annual accounts 2019185,1 k €↑
2018
Annual accounts 201887,4 k €↓
2017
Annual accounts 201798,1 k €↑
2016
Annual accounts 201628,8 k €↑
2015
Annual accounts 201520,9 k €↑
2014
Annual accounts 20143,7 k €↓
2013
Annual accounts 201354,6 k €↓
2012
Annual accounts 2012110,9 k €↓
2011
Annual accounts 2011501,9 k €↑
2010
Annual accounts 2010477,7 k €↑
2009
Annual accounts 2009278,1 k €↑
2008
Annual accounts 200849,2 k €↑
2007
Annual accounts 2007234,3 €↑
2006
Annual accounts 2006-1,5 k €
11/12/2002
IncorporationPrivate limited company

FINALE 24

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events