ACTIVE

FinAx

Financial year 2025 · Closed on 31/12/2025

Net result216,2 M €+25,0 %over 1 year

Equity444,9 M €+15,4 %over 1 year

Identity

Source · BCE/KBO

FinAx is a Public limited company incorporated in 2018. Its main activity is: Activities of holding companies. Its registered office is in Antwerpen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0718.694.279
Incorporation: 31/12/2018
Legal form: Public limited company
Registered office: Begijnenvest 113
2000 Antwerpen · FlandreSee on map
Contributed capital: 136 811 577,99 €
Latest accounts: 31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 15 filings

Trend over 7 financial years

	2025		2024		2023		2022		2021
Income statement
EBITDA	-305,9 k €	-1.5%	-301,5 k €	-45.1%	-207,8 k €	-20.7%	-172,2 k €	+8.9%	-189 k €
Operating result	-305,9 k €	-1.5%	-301,5 k €	-45.1%	-207,8 k €	-20.7%	-172,2 k €	+8.9%	-189 k €
Net result	216,2 M €	+25.0%	173 M €	+96.4%	88,1 M €	-17.5%	106,7 M €	+24.3%	85,9 M €
Balance sheet
Equity	444,9 M €	+15.4%	385,7 M €	+2.2%	377,4 M €	+1.6%	371,6 M €	+3.5%	358,9 M €
Total assets	445,2 M €	-2.6%	457,1 M €	+21.0%	377,7 M €	+1.6%	371,9 M €	+3.5%	359,1 M €
Cash	78,7 k €	-72.2%	283,3 k €	+9.8%	258,1 k €	+18.8%	217,2 k €	-7.4%	234,7 k €
Debts	233,2 k €	-99.7%	71,4 M €	+31554%	225,6 k €	+9.8%	205,5 k €	+13.0%	181,9 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jacques DELEN	Director01/10/2018 → 24/05/2027
Luc BERTRAND	Director01/10/2018 → 24/05/2027
Christophe MATERS	Director01/01/2024 → 31/05/2027
John-Eric BERTRAND	Director01/01/2024 → 31/05/2027
Michel BUYSSCHAERT	Director22/05/2023 → 31/05/2027
Dirk WOUTERS	Director01/10/2018 → 26/05/2026
Eric PULINX	Director01/10/2018 → 26/05/2026
Frank VERHAEGEN	Director02/04/2019 → 26/05/2026
Piet DEJONGHE	Director01/10/2018 → 26/05/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jan SUYKENS	Director23/05/2022 → 2023 accounts
René HAVAUX	Director23/05/2022 → 22/05/2023
Tom FRANCK	Director25/05/2020 → 2020 accounts

Other companies at this address

Begijnenvest 113 2000 Antwerpen

Company	CBE no.
ACKERMANS & VAN HAAREN● Active	0404.616.494
Ackermans & van Haaren group● Active	1011.663.280
ANFIMA● Active	0426.265.213
BAARBEEK● Active	0872.203.709
BELFIMAS● Active	0460.831.954
BRINVEST● Active	0431.697.411
GREEN OFFSHORE● Active	0832.273.757
GreenStor● Active	0803.082.794
OKSALYS● Active	0425.199.993
SCALDIS INVEST● Active	0460.832.152

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	08/06/2026	03/06/2025	19/06/2024	05/06/2023	07/06/2022	15/06/2021
General meeting	26/05/2026	26/05/2025	27/05/2024	22/05/2023	23/05/2022	25/05/2021
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

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Annual accounts filings

Source · NBB, 15 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/05/2026	08/06/2026	Dutch	PDF
Consolidated accounts	31/12/2025	26/05/2026	08/06/2026	Dutch	PDF
Full model	31/12/2024	26/05/2025	03/06/2025	Dutch	PDF
Consolidated accounts	31/12/2024	26/05/2025	03/06/2025	Dutch	PDF
Full model	31/12/2023	27/05/2024	19/06/2024	Dutch	PDF
Consolidated accounts	31/12/2023	27/05/2024	18/06/2024	Dutch	PDF
Full model	31/12/2022	22/05/2023	05/06/2023	Dutch	PDF
Consolidated accounts	31/12/2022	22/05/2023	05/06/2023	Dutch	PDF
Full model	31/12/2021	23/05/2022	07/06/2022	Dutch	PDF
Consolidated accounts	31/12/2021	23/05/2022	07/06/2022	Dutch	PDF
Full model	31/12/2020	25/05/2021	15/06/2021	Dutch	PDF
Consolidated accounts	31/12/2020	25/05/2021	15/06/2021	Dutch	PDF
Full modelCorrection	31/12/2019	25/05/2020	29/06/2020	Dutch	PDF
Full model	31/12/2019	25/05/2020	04/06/2020	Dutch	PDF
Consolidated accounts	31/12/2019	25/05/2020	04/06/2020	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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

9 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jacques DELEN	Director01/10/2018 → 24/05/2027
Luc BERTRAND	Director01/10/2018 → 24/05/2027
Christophe MATERS	Director01/01/2024 → 31/05/2027
John-Eric BERTRAND	Director01/01/2024 → 31/05/2027
Michel BUYSSCHAERT	Director22/05/2023 → 31/05/2027
Dirk WOUTERS	Director01/10/2018 → 26/05/2026
Eric PULINX	Director01/10/2018 → 26/05/2026
Frank VERHAEGEN	Director02/04/2019 → 26/05/2026
Piet DEJONGHE	Director01/10/2018 → 26/05/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jan SUYKENS	Director23/05/2022 → 2023 accounts
René HAVAUX	Director23/05/2022 → 22/05/2023
Tom FRANCK	Director25/05/2020 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/10/2026
(Her)benoeming gedelegeerd bestuurder
PDF
Mandates22/07/2026
Herbenoeming bestuurders - neerlegging overeenkomstig art. 2:884 WVV
PDF
Mandates25/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other12/03/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates08/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other18/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/07/2023
ONTSLAGEN - BENOEMINGEN
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

Filings7 filings

Mandates

Luc BERTRAND

Jacques DELEN

Christophe MATERS

John-Eric BERTRAND

Michel BUYSSCHAERT

Frank VERHAEGEN

Piet DEJONGHE

Dirk WOUTERS

Eric PULINX

Jan SUYKENS

René HAVAUX

Tom FRANCK

2018201920202021202220232024202520262027

FinAx

Begijnenvest 113, 2000 Antwerp

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Begijnenvest 113, 2000 AntwerpCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00162726

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
FinAxCurrent	accounts 2019 → 2025	Accounts 2025 · 2026-00162726

Events

2025
Annual accounts 2025216,2 M €↑
26/05/2025
reconductionLuc Bertrand · bestuurder, voorzitter
26/05/2025
reconductionJacques Delen · bestuurder
2024
Annual accounts 2024173 M €↑
12/06/2024
nominationDeloitte Bedrijfsrevisoren BV · commissaris
01/01/2024
nominationJohn-Eric Bertrand · bestuurder
01/01/2024
nominationChristophe Maters · bestuurder
2023
Annual accounts 202388,1 M €↓
22/05/2023
reconductionLuc Bertrand · niet-uitvoerend bestuurder, voorzitter
22/05/2023
reconductionJacques Delen · niet-uitvoerend bestuurder
22/05/2023
nominationMichel Buysschaert · uitvoerend bestuurder
2022
Annual accounts 2022106,7 M €↑
10/06/2022
reconductionLuc Bertrand · niet-uitvoerend bestuurder, voorzitter
10/06/2022
reconductionJan Suykens · niet-uitvoerend bestuurder
10/06/2022
reconductionPiet Dejonghe · niet-uitvoerend bestuurder
10/06/2022
reconductionJacques Delen · niet-uitvoerend bestuurder
10/06/2022
reconductionEric Pulinx · onafhankelijk bestuurder
10/06/2022
reconductionFrank Verhaegen · onafhankelijk bestuurder
10/06/2022
reconductionRené Havaux · uitvoerend bestuurder
10/06/2022
reconductionDirk Wouters · uitvoerend bestuurder
2021
Annual accounts 202185,9 M €↑
2020
Annual accounts 20208,6 M €↓
2019
Annual accounts 201968,3 M €
31/12/2018
IncorporationPublic limited company

FinAx

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events