ACTIVE

FINESS

Financial year 2023 · closed on 31/12/2023
Net result
4,3 k €
-87.6% YoY
Gross margin
17,4 k €
-63.0% YoY
Equity
-271 k €
+1.6% YoY

What does FINESS do?

FINESS is a Private limited company incorporated in 2006. Its main activity is: Electrical installation. Its registered office is in Schilde.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0879.090.511
Incorporation
02/02/2006
Legal form
Private limited company
Registered office
Oudebaan 113
2970 Schilde · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2023
Contacts
4 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin17,4 k €47 k €68,5 k €52,3 k €35,6 k €64,1 k €31,7 k €-66,5 k €37 k €-71,8 k €-49,4 k €-25,3 k €-39,9 k €-78,2 k €30,6 k €-16 k €40,8 k €-30,9 k €
EBITDA10,1 k €41,4 k €62,8 k €50,2 k €33,5 k €49,9 k €30,9 k €-67,7 k €37,2 k €-84,1 k €-53,9 k €-28,8 k €-43 k €-120,8 k €-22,1 k €-70,2 k €2,2 k €-59 k €
Operating result4,6 k €34,8 k €57,9 k €46,5 k €30,5 k €48 k €30,6 k €-71,5 k €28,2 k €-93,6 k €-64,1 k €-52,6 k €-68,3 k €-141,1 k €-29,5 k €-82,7 k €-8,8 k €-69,2 k €
Net result4,3 k €34,7 k €57,8 k €46,2 k €30,3 k €57,3 k €30,6 k €-65,3 k €27,7 k €-82,8 k €58,8 k €-70,4 k €-86,3 k €-140,6 k €-18,7 k €-83,4 k €-8,5 k €-69,1 k €
Balance sheet
Equity-271 k €-275,3 k €-310 k €-367,9 k €-414 k €-444,3 k €-501,6 k €-532,2 k €-467 k €-494,7 k €-411,9 k €-470,7 k €-400,3 k €-314 k €-173,5 k €-154,8 k €-71,4 k €-62,9 k €
Total assets91,3 k €107,7 k €68,3 k €69,8 k €60,9 k €353,9 k €151,3 k €57,9 k €195,7 k €203 k €259 k €584,8 k €615,3 k €619,8 k €231,7 k €209,8 k €175,5 k €119,2 k €
Cash11 k €17,5 k €8,2 k €7,6 k €6,2 k €179,5 €179,5 €76,3 k €2,9 k €58,7 k €3,8 k €12,7 k €37,6 k €6 k €3,9 k €7,3 k €8,7 k €
Debts362,3 k €383 k €378,4 k €437,7 k €474,9 k €798,2 k €652,9 k €590,1 k €662,7 k €697,7 k €670,8 k €1,1 M €1 M €933,8 k €405,2 k €364,5 k €246,9 k €182,2 k €
Other
Workforce0,1 ETP0,8 ETP2,0 ETP1,5 ETP1,0 ETP1,0 ETP
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 31/12/2023 · 1 active · 11 ended

Active mandates

Timmy Schutters

Director · since 01 octobre 2009

Active

Ended mandates

Timmy Schutters

Manager · since 16 décembre 2016

Ended
Timmy Schutters

Manager · since 01 octobre 2009

Ended
Timmy Schutters

Associate · since 01 octobre 2009

Ended
Solange Joossen

Manager · since 26 janvier 2006

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/03/202524/03/202524/03/202524/03/202530/11/202007/09/2020
General meeting14/06/202409/06/202310/06/202211/06/202112/06/202030/06/2019
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202314/06/202424/03/2025DutchPDF
Micro model31/12/202209/06/202324/03/2025DutchPDF
Micro model31/12/202110/06/202224/03/2025DutchPDF
Micro model31/12/202011/06/202124/03/2025DutchPDF
Micro model31/12/201912/06/202030/11/2020DutchPDF
Micro model31/12/201830/06/201907/09/2020DutchPDF
Micro model31/12/201730/06/201830/09/2018DutchPDF
Micro model31/12/201630/06/201731/07/2017DutchPDF
Abridged model31/12/201528/06/201628/07/2016DutchPDF
Abridged model31/12/201412/06/201522/07/2015DutchPDF
Abridged model31/12/201330/06/201430/07/2014DutchPDF
Abridged model31/12/201230/06/201329/07/2013DutchPDF
Abridged model31/12/201108/06/201206/07/2012DutchPDF
Abridged model31/12/201030/06/201104/08/2011DutchPDF
Abridged model31/12/200911/06/201007/07/2010DutchPDF
Abridged model31/12/200812/06/200910/07/2009DutchPDF
Abridged model31/12/200713/06/200810/07/2008DutchPDF
Abridged model31/12/200630/06/200730/07/2007DutchPDF
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 31/12/2023 · 1 active · 11 ended

Active mandates

Timmy Schutters

Director · since 01 octobre 2009

Active

Ended mandates

Timmy Schutters

Manager · since 16 décembre 2016

Ended
Timmy Schutters

Manager · since 01 octobre 2009

Ended
Timmy Schutters

Associate · since 01 octobre 2009

Ended
Solange Joossen

Manager · since 26 janvier 2006

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/01/2024
    WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/12/2016
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/02/2014
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office06/01/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office19/02/2009
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Other14/02/2006
    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. 2023
    Annual accounts 20234,3 k €
  2. 2022
    Annual accounts 202234,7 k €
  3. 2021
    Annual accounts 202157,8 k €
  4. 2020
    Annual accounts 202046,2 k €
  5. 2019
    Annual accounts 201930,3 k €
  6. 2018
    Annual accounts 201857,3 k €
  7. 2017
    Annual accounts 201730,6 k €
  8. 2016
    Annual accounts 2016-65,3 k €
  9. 2016
    Name changeFiness
  10. 2015
    Annual accounts 201527,7 k €
  11. 2014
    Annual accounts 2014-82,8 k €
  12. 2013
    Annual accounts 201358,8 k €
  13. 2012
    Annual accounts 2012-70,4 k €
  14. 2011
    Annual accounts 2011-86,3 k €
  15. 2010
    Annual accounts 2010-140,6 k €
  16. 2009
    Annual accounts 2009-18,7 k €
  17. 2008
    Annual accounts 2008-83,4 k €
  18. 2007
    Annual accounts 2007-8,5 k €
  19. 2006
    Annual accounts 2006-69,1 k €
  20. 02/02/2006
    IncorporationPrivate limited company
  21. 2006
    Name changeFINESS COSMETICS