ACTIVE

Finer

Financial year 2025 · closed on 30/09/2025
Net result
37,5 k €
-17.2% YoY
Gross margin
61,3 k €
-18.8% YoY
Equity
302,3 k €
+14.2% YoY

What does Finer do?

Finer is a Private company with limited liability incorporated in 2011. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Wijnegem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0834.628.481
Incorporation
15/03/2011
Legal form
Private company with limited liability
Registered office
Stokerijstraat 25 box 7
2110 Wijnegem · FlandreSee on map
Contributed capital
150 000,00 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120192018201720162015201420132012
Income statement
Gross margin61,3 k €75,5 k €104,4 k €46,6 k €69,9 k €178,5 k €151 k €154 k €136,5 k €135,4 k €143,8 k €176,9 k €248,1 k €
EBITDA60,2 k €73,6 k €98,2 k €44,4 k €66 k €173,4 k €148,4 k €148,9 k €129,8 k €128,4 k €136,2 k €169,5 k €236,9 k €
Operating result59,6 k €73,3 k €97,9 k €44,1 k €65,8 k €64,1 k €39,1 k €44,3 k €43,9 k €42,5 k €50,6 k €83,8 k €102,9 k €
Net result37,5 k €45,3 k €60,4 k €12,3 k €28,9 k €13,1 k €2,4 k €2,6 k €-8,5 k €-10,5 k €-8,2 k €10,6 k €-14,5 k €
Balance sheet
Equity302,3 k €264,8 k €219,5 k €159,1 k €146,8 k €136,9 k €123,8 k €121,4 k €118,8 k €127,4 k €137,9 k €146,1 k €135,5 k €
Total assets490,6 k €484,8 k €448,8 k €367,2 k €328,7 k €1,8 M €1,8 M €1,8 M €1,6 M €1,7 M €1,8 M €1,9 M €1,9 M €
Cash4 k €18,2 k €46 k €29,1 k €10 k €33 k €35,7 k €70,1 k €7,1 k €5,7 k €413,8 €22,5 k €
Debts188,3 k €220 k €229,2 k €208,1 k €181 k €1,6 M €1,7 M €1,7 M €1,5 M €1,6 M €1,6 M €1,7 M €1,8 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 3 ended

Active mandates

Eric Thoelen

Director

Active

Ended mandates

Eric Thoelen

Manager · since 15 mars 2011

Ended
Eric Thoelen

Administrator - manager

Ended
Eric Thoelen

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
HOPPER & FUCHSActive
0783.329.240
MONITORActive
0466.777.559
0873.692.460
MORITZActive
0740.792.364
VOSSEHOLBankrupt
0457.422.504
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/04/202630/04/202530/04/202427/04/202329/04/202230/04/2021
General meeting31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202531/03/202630/04/2026DutchPDF
Micro model30/09/202431/03/202530/04/2025DutchPDF
Micro model30/09/202331/03/202430/04/2024DutchPDF
Micro model30/09/202231/03/202327/04/2023DutchPDF
Micro model30/09/202131/03/202229/04/2022DutchPDF
Micro model30/09/202031/03/202130/04/2021DutchPDF
Micro model30/09/201931/03/202001/04/2020DutchPDF
Micro model30/09/201831/03/201902/04/2019DutchPDF
Micro model30/09/201731/03/201803/04/2018DutchPDF
Abridged model30/09/201631/03/201731/03/2017DutchPDF
Abridged model30/09/201531/03/201631/03/2016DutchPDF
Abridged model30/09/201431/03/201531/03/2015DutchPDF
Abridged model30/09/201331/03/201431/03/2014DutchPDF
Abridged model30/09/201230/03/201302/04/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/09/2025 · 1 active · 3 ended

Active mandates

Eric Thoelen

Director

Active

Ended mandates

Eric Thoelen

Manager · since 15 mars 2011

Ended
Eric Thoelen

Administrator - manager

Ended
Eric Thoelen

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office06/09/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other30/03/2011
    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 202537,5 k €
  2. 2024
    Annual accounts 202445,3 k €
  3. 2023
    Annual accounts 202360,4 k €
  4. 2022
    Annual accounts 202212,3 k €
  5. 2021
    Annual accounts 202128,9 k €
  6. 2019
    Annual accounts 201913,1 k €
  7. 2018
    Annual accounts 20182,4 k €
  8. 2017
    Annual accounts 20172,6 k €
  9. 2016
    Annual accounts 2016-8,5 k €
  10. 2015
    Annual accounts 2015-10,5 k €
  11. 2014
    Annual accounts 2014-8,2 k €
  12. 2013
    Annual accounts 201310,6 k €
  13. 2012
    Annual accounts 2012-14,5 k €
  14. 15/03/2011
    IncorporationPrivate company with limited liability