ACTIVE

Funecare

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Financial year 2025 · closed on 31/12/2025
Net result
-3,1 M €
+19.3% YoY
Revenue
14 M €
+12.5% YoY
Equity
3 M €
-10.4% YoY
Workforce
62,7 ETP
+11.6% YoY

What does Funecare do?

Funecare is a Public limited company incorporated in 2009. Its registered office is in Leuven. It employs on average 62,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0819.998.408
Incorporation
23/10/2009
Legal form
Public limited company
Registered office
Philipssite 5 box 1
3001 Leuven · FlandreSee on map
Contributed capital
9 345 825,98 €
Latest accounts
31/12/2025
Average workforce
62,7 ETP
Joint committees (4)
  • 124
  • 12400
  • 320
  • 32000
Signals
Positive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Revenue14 M €12,4 M €––––––––––––––
EBITDA882,2 k €-117,4 k €-1,2 M €-96,7 k €1,1 M €1,3 M €-180,8 k €51,8 k €61,5 k €9,8 k €-2 k €-11,6 k €24,4 k €12,9 k €-1,5 k €-3,5 k €
Operating result-2 M €-3 M €-3,3 M €-2,2 M €827,4 k €1,3 M €-184,1 k €49,3 k €59,8 k €4,1 k €-8,6 k €-20,4 k €15,7 k €10,7 k €-1,5 k €-3,5 k €
Net result-3,1 M €-3,9 M €-2,2 M €-2,3 M €1,4 M €1,2 M €-150,5 k €77,3 k €65,2 k €3,6 k €-10 k €-21,8 k €9,3 k €6,6 k €-1,7 k €-3,7 k €
Balance sheet
Equity3 M €3,3 M €4,6 M €5,1 M €6,3 M €1,7 M €504,7 k €131 k €53,7 k €-11,5 k €-15,1 k €-5,2 k €16,6 k €7,4 k €786,1 €2,5 k €
Total assets28,9 M €29,9 M €22,4 M €20,5 M €21,1 M €11,4 M €2,3 M €166,3 k €94,4 k €66,8 k €70,3 k €31,1 k €56,3 k €29,7 k €2,8 k €4,3 k €
Cash609,1 k €609,1 k €2,8 M €1,2 M €1,3 M €128,7 k €311,8 k €47,4 k €35,8 k €–765 €7 k €10,1 k €8,5 k €2,5 k €4 k €
Debts25,4 M €26,3 M €17,5 M €15,2 M €14,5 M €9,6 M €1,8 M €32 k €40,7 k €78,3 k €85,4 k €36,2 k €39,7 k €22,3 k €2 k €1,7 k €
Other
Workforce62,7 ETP56,2 ETP46,9 ETP40,2 ETP4,5 ETP–––––––0,5 ETP0,5 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 20 ended

Active mandates

Funecap Holding SAS

Director · since 01 décembre 2023 · until 30 novembre 2029 · 1002.062.755

Represented by Thierry GISSEROT

Active
TANDEM MANAGEMENT

Director · since 01 décembre 2023 · until 01 décembre 2029 · 0842.594.260

Represented by Simon DE PATOUL

Active
E-CAPITAL EQUITY MANAGEMENT

Director · since 08 novembre 2019 · until 08 novembre 2026 · 0888.289.475

Represented by Jérôme LAMFALUSSY

Active
Frédéric Cambie

Director · since 08 novembre 2019 · until 08 novembre 2026

Active
Jean-Valéry Duprez

Director · since 08 novembre 2019 · until 08 novembre 2026

Active
LRM Beheer

Director · since 08 novembre 2019 · until 08 novembre 2026 · 0440.550.442

Represented by Dries EVENS

Active

Ended mandates

Funecap Holding SAS

Director · since 01 décembre 2023 · until 30 novembre 2029

Represented by Thierry GISSEROT

Ended
TANDEM MANAGEMENT

Director · since 01 décembre 2023 · until 30 novembre 2029 · 0842.594.260

Represented by Simon de Patoul

Ended
E-CAPITAL EQUITY MANAGEMENT

Director · since 08 novembre 2019 · until 08 novembre 2026 · 0888.289.475

Represented by Jérôme Lamfalussy

Ended
E-CAPITAL EQUITY MANAGEMENT

Director · since 08 novembre 2019 · 0888.289.475

Represented by Jérôme Lamfalussy

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelAbridged modelAbridged modelAbridged modelMicro 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 date23/07/202616/06/202510/07/202424/07/202307/07/202209/07/2021
General meeting30/06/202610/06/202528/06/202430/06/202314/06/202218/06/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202623/07/2026DutchPDF
Full model31/12/202410/06/202516/06/2025DutchPDF
Abridged model31/12/202328/06/202410/07/2024DutchPDF
Abridged model31/12/202230/06/202324/07/2023DutchPDF
Abridged model31/12/202114/06/202207/07/2022DutchPDF
Micro model31/12/202018/06/202109/07/2021DutchPDF
Abridged model31/12/201930/06/202015/07/2020DutchPDF
Micro model30/09/201828/02/201925/03/2019DutchPDF
Micro model30/09/201722/02/201828/03/2018DutchPDF
Abridged model30/09/201623/02/201730/03/2017DutchPDF
Abridged model30/09/201525/02/201623/03/2016DutchPDF
Abridged model30/09/201426/02/201526/03/2015DutchPDF
Abridged model30/09/201327/02/201419/03/2014DutchPDF
Abridged model30/09/201228/02/201304/03/2013DutchPDF
Abridged model30/09/201123/02/201221/03/2012FrenchPDF
Abridged model30/09/201024/02/201104/03/2011FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 6 active · 20 ended

Active mandates

Funecap Holding SAS

Director · since 01 décembre 2023 · until 30 novembre 2029 · 1002.062.755

Represented by Thierry GISSEROT

Active
TANDEM MANAGEMENT

Director · since 01 décembre 2023 · until 01 décembre 2029 · 0842.594.260

Represented by Simon DE PATOUL

Active
E-CAPITAL EQUITY MANAGEMENT

Director · since 08 novembre 2019 · until 08 novembre 2026 · 0888.289.475

Represented by Jérôme LAMFALUSSY

Active
Frédéric Cambie

Director · since 08 novembre 2019 · until 08 novembre 2026

Active
Jean-Valéry Duprez

Director · since 08 novembre 2019 · until 08 novembre 2026

Active
LRM Beheer

Director · since 08 novembre 2019 · until 08 novembre 2026 · 0440.550.442

Represented by Dries EVENS

Active

Ended mandates

Funecap Holding SAS

Director · since 01 décembre 2023 · until 30 novembre 2029

Represented by Thierry GISSEROT

Ended
TANDEM MANAGEMENT

Director · since 01 décembre 2023 · until 30 novembre 2029 · 0842.594.260

Represented by Simon de Patoul

Ended
E-CAPITAL EQUITY MANAGEMENT

Director · since 08 novembre 2019 · until 08 novembre 2026 · 0888.289.475

Represented by Jérôme Lamfalussy

Ended
E-CAPITAL EQUITY MANAGEMENT

Director · since 08 novembre 2019 · 0888.289.475

Represented by Jérôme Lamfalussy

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring10/09/2026
    MET FUSIE GELIJKGESTELDE VERRICHTING (GERUISLOZE FUSIE) -
    PDF
  • Restructuring10/09/2026
    SPLITSING DOOR OVERNAME - ALGEMENE VERGADERING VAN DE
    PDF
  • Restructuring20/05/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring20/05/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates09/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/01/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Restructuring13/08/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring13/08/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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 2025-3,1 M €↑
  2. 2025
    Name changeFunecare
  3. 2024
    Annual accounts 2024-3,9 M €↓
  4. 2023
    Annual accounts 2023-2,2 M €↑
  5. 2022
    Annual accounts 2022-2,3 M €↓
  6. 2021
    Annual accounts 20211,4 M €↑
  7. 2020
    Annual accounts 20201,2 M €↑
  8. 2020
    Name changeGinkgho Funerals
  9. 2019
    Annual accounts 2019-150,5 k €↓
  10. 2019
    Name changeKharon Funerals
  11. 2018
    Annual accounts 201877,3 k €↑
  12. 2017
    Annual accounts 201765,2 k €↑
  13. 2016
    Annual accounts 20163,6 k €↑
  14. 2015
    Annual accounts 2015-10 k €↑
  15. 2014
    Annual accounts 2014-21,8 k €↓
  16. 2013
    Annual accounts 20139,3 k €↑
  17. 2012
    Annual accounts 20126,6 k €↑
  18. 2012
    Name changeKOKOPELE
  19. 2011
    Annual accounts 2011-1,7 k €↑
  20. 2010
    Annual accounts 2010-3,7 k €
  21. 2010
    Name changeKIT PREMIUM
  22. 23/10/2009
    IncorporationPublic limited company