ACTIVE

FinSource

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Financial year 2025 · closed on 31/12/2025
Net result
51 k €
-30.0% YoY
Revenue
8,6 M €
-8.5% YoY
Equity
565,2 k €
+9.9% YoY
Workforce
15,3 ETP
-16.4% YoY

What does FinSource do?

FinSource is a Public limited company incorporated in 2015. Its main activity is: Computer consultancy activities. Its registered office is in Kontich. It employs on average 15,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0628.954.928
Incorporation
28/04/2015
Legal form
Public limited company
Registered office
Veldkant 33 A
2550 Kontich · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
15,3 ETP
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities78100Activities of employment placement agencies78100Activities of employment placement agencies
Joint committees (2)
  • 200
  • 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 9 financial years

202520242023202220212020201920182017
Income statement
Revenue8,6 M €9,4 M €11,4 M €10,5 M €7,4 M €6,7 M €6,8 M €1,9 M €617,8 k €
EBITDA120 k €156,1 k €514,6 k €470,5 k €216,6 k €112 k €43,3 k €-10,7 k €-264,6 k €
Operating result109,2 k €141,3 k €502,5 k €463,5 k €214,1 k €111,2 k €43,1 k €-14,1 k €-268,5 k €
Net result51 k €72,9 k €344,3 k €355,9 k €199,3 k €101,1 k €17,5 k €-34,6 k €-282 k €
Balance sheet
Equity565,2 k €514,2 k €641,4 k €297 k €-58,8 k €-258,1 k €-359,3 k €-376,7 k €-342,1 k €
Total assets1,3 M €1,5 M €2,3 M €1,5 M €937,1 k €762,9 k €590,6 k €1,3 M €239,2 k €
Cash13,7 k €13,9 k €25,3 k €11,2 k €11,6 k €25,4 k €10,9 k €10,8 k €59,3 k €
Debts779,8 k €957,8 k €1,7 M €1,2 M €995,9 k €1 M €949,9 k €1,6 M €569,8 k €
Other
Workforce15,3 ETP18,3 ETP17,2 ETP11,6 ETP5,1 ETP0,5 ETP0,1 ETP–3,0 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 · 1 active · 5 ended

Active mandates

De Cronos Groep

Director · since 27 octobre 2023 · 0467.132.994

Represented by Josephus de Wit

Active

Ended mandates

De Cronos Groep

Director · since 27 octobre 2023 · until 15 mai 2026 · 0467.132.994

Represented by Josephus de Wit

Ended
De Cronos Groep

Director · since 16 mai 2020 · until 15 mai 2026 · 0467.132.994

Represented by Dirk Deroost

Ended
De Cronos Groep

Director · since 24 avril 2015 · until 15 mai 2020 · 0467.132.994

Represented by Dirk Deroost

Ended
Josephus de Wit

Director · since 24 avril 2015 · until 15 mai 2020

Ended
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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 date24/08/202607/07/202511/07/202402/08/202302/08/202219/07/2021
General meeting15/05/202616/05/202517/05/202419/05/202320/05/202221/05/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/05/202624/08/2026DutchPDF
Abridged model31/12/202416/05/202507/07/2025DutchPDF
Abridged model31/12/202317/05/202411/07/2024DutchPDF
Abridged model31/12/202219/05/202302/08/2023DutchPDF
Abridged model31/12/202120/05/202202/08/2022DutchPDF
Abridged model31/12/202021/05/202119/07/2021DutchPDF
Abridged model31/12/201915/05/202009/07/2020DutchPDF
Abridged model31/12/201817/05/201920/06/2019DutchPDF
Abridged model31/12/201718/05/201827/07/2018DutchPDF
Full model31/12/201619/05/201704/07/2017DutchPDF
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 · 1 active · 5 ended

Active mandates

De Cronos Groep

Director · since 27 octobre 2023 · 0467.132.994

Represented by Josephus de Wit

Active

Ended mandates

De Cronos Groep

Director · since 27 octobre 2023 · until 15 mai 2026 · 0467.132.994

Represented by Josephus de Wit

Ended
De Cronos Groep

Director · since 16 mai 2020 · until 15 mai 2026 · 0467.132.994

Represented by Dirk Deroost

Ended
De Cronos Groep

Director · since 24 avril 2015 · until 15 mai 2020 · 0467.132.994

Represented by Dirk Deroost

Ended
Josephus de Wit

Director · since 24 avril 2015 · until 15 mai 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/10/2018
    BENAMING - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/02/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/11/2015
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Other30/04/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202551 k €↓
  2. 2024
    Annual accounts 202472,9 k €↓
  3. 2023
    Annual accounts 2023344,3 k €↓
  4. 2022
    Annual accounts 2022355,9 k €↑
  5. 2021
    Annual accounts 2021199,3 k €↑
  6. 2020
    Annual accounts 2020101,1 k €↑
  7. 2019
    Annual accounts 201917,5 k €↑
  8. 2018
    Annual accounts 2018-34,6 k €↑
  9. 2018
    Name changeFinSource
  10. 2017
    Annual accounts 2017-282 k €
  11. 2017
    Name changeWonderland
  12. 28/04/2015
    IncorporationPublic limited company