ACTIVE

FINAO

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result17,5 M €+26 428,9 %over 1 year
Gross margin115 k €+6,2 %over 1 year
Equity18,4 M €+1 946,2 %over 1 year

Identity

Source · BCE/KBO

FINAO is a Private limited company incorporated in 2004. Its main activity is: Activities of holding companies. Its registered office is in Bornem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0863.160.834
Incorporation
03/02/2004
Legal form
Private limited company
Registered office
Vitsdam(BOR) 1 box A
2880 Bornem · FlandreSee on map
Contributed capital
130 000,00 €
Latest accounts
31/12/2025
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 22 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin115 k €108,4 k €60,5 k €34 k €21,4 k €
EBITDA113 k €107 k €59 k €32,6 k €20,1 k €
Operating result103,1 k €92,3 k €45,7 k €20,1 k €7,8 k €
Net result17,5 M €66,1 k €46,3 k €337,9 k €24,4 k €
Balance sheet
Equity18,4 M €901,5 k €835,4 k €999,6 k €661,7 k €
Total assets18,7 M €1,2 M €1,2 M €1,1 M €867,9 k €
Cash21,1 k €449,1 k €827,5 k €1,2 k €306,2 k €
Debts221 k €273,2 k €349,8 k €150,3 k €206,2 k €
Other
Workforce–––––

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

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Philippe Massin
MandateDirector28/01/2008 → 2024 accountsendedManager28/01/2004 → 2018 accountsendedAdministrator - manager28/01/2004 → 2015 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Marianne De Boeck
Director07/12/2023 → 2023 accounts

Other companies at this address

Vitsdam(BOR) 1 2880 Bornem
CompanyCBE no.
MAS Y MAS● Active
0757.909.795

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro 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 date01/07/202626/06/202510/06/202422/06/202307/06/202216/06/2021
General meeting11/05/202604/06/202505/06/202407/06/202301/06/202202/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro modelCorrection31/12/202511/05/202601/07/2026DutchPDF
Micro model31/12/202511/05/202629/06/2026DutchPDF
Micro model31/12/202404/06/202526/06/2025DutchPDF
Micro model31/12/202305/06/202410/06/2024DutchPDF
Micro model31/12/202207/06/202322/06/2023DutchPDF
Micro model31/12/202101/06/202207/06/2022DutchPDF
Micro model31/12/202002/06/202116/06/2021DutchPDF
Micro model31/12/201903/06/202002/07/2020DutchPDF
Micro model31/12/201805/06/201920/06/2019DutchPDF
Abridged model31/12/201706/06/201806/07/2018DutchPDF
Abridged model31/12/201607/06/201729/06/2017DutchPDF
Abridged model31/12/201502/05/201623/06/2016DutchPDF
Abridged model31/12/201402/05/201529/06/2015DutchPDF
Abridged model31/12/201302/05/201412/06/2014DutchPDF
Abridged model31/12/201202/05/201308/07/2013DutchPDF
Abridged model31/12/201102/05/201219/07/2012DutchPDF
Abridged model31/12/201002/05/201127/06/2011DutchPDF
Abridged model31/12/200903/05/201006/07/2010DutchPDF
Abridged model31/12/200802/05/200902/07/2009DutchPDF
Abridged model31/12/200702/05/200814/08/2008DutchPDF
Abridged modelCorrection31/12/200602/05/200721/11/2007DutchPDF
Abridged model31/12/200602/05/200704/07/2007DutchPDF

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

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Philippe Massin
MandateDirector28/01/2008 → 2024 accountsendedManager28/01/2004 → 2018 accountsendedAdministrator - manager28/01/2004 → 2015 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Marianne De Boeck
Director07/12/2023 → 2023 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares02/04/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates14/08/2008
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/02/2004
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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
Filings18 filings
Mandates
Philippe MASSIN
Marianne De Boeck
20042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
FINAO
Vitsdam(BOR) 1 bte A, 2880 Bornem
DirectorAdministrator - managerManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Vitsdam(BOR) 1 bte A, 2880 BornemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00230767

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
FINAOCurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00230767

Events

  1. 2025
    Annual accounts 202517,5 M €↑
  2. 2024
    Annual accounts 202466,1 k €↑
  3. 2023
    Annual accounts 202346,3 k €↓
  4. 2022
    Annual accounts 2022337,9 k €↑
  5. 2021
    Annual accounts 202124,4 k €↑
  6. 2018
    Annual accounts 201818,8 k €↓
  7. 2017
    Annual accounts 201728,1 k €↑
  8. 2016
    Annual accounts 201611,2 k €↑
  9. 2015
    Annual accounts 20154,1 k €↓
  10. 2014
    Annual accounts 20146,8 k €↓
  11. 2013
    Annual accounts 201386,6 k €↓
  12. 2012
    Annual accounts 2012110 k €↑
  13. 2011
    Annual accounts 201197,8 k €↑
  14. 2010
    Annual accounts 201079,6 k €↓
  15. 2009
    Annual accounts 2009140,6 k €↑
  16. 2008
    Annual accounts 200869,1 k €↑
  17. 2007
    Annual accounts 200744,7 k €↑
  18. 2006
    Annual accounts 20068,8 k €
  19. 03/02/2004
    IncorporationPrivate limited company