ACTIVE

FinIT Services

Financial year 2025 · closed on 31/08/2025
Net result
16,8 k €
-77.7% YoY
Gross margin
431,6 k €
-6.7% YoY
Equity
-414 k €
+3.9% YoY
Workforce
4,9 ETP
0.0% YoY

What does FinIT Services do?

FinIT Services is a Public limited company incorporated in 2006. Its registered office is in Gent. It employs on average 4,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0880.889.068
Incorporation
20/04/2006
Legal form
Public limited company
Registered office
Booiebos 3
9031 Gent · FlandreSee on map
Contributed capital
200 000,00 €
Latest accounts
31/08/2025
Average workforce
4,9 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201520142013201220112010200920082007
Income statement
Gross margin431,6 k €462,7 k €386,1 k €355,9 k €
EBITDA62,7 k €122,7 k €66 k €76,9 k €150,9 k €165,2 k €217,6 k €83,1 k €236,9 k €533 k €469 k €443,5 k €494 k €790,9 k €702,8 k €727,8 k €948,1 k €505,1 k €
Operating result26,8 k €80,6 k €25,5 k €42,4 k €116,4 k €127,4 k €144,5 k €-33 k €118,1 k €384,7 k €335,2 k €296,4 k €362,3 k €653,4 k €580,8 k €631,3 k €891,9 k €498,4 k €
Net result16,8 k €75,5 k €15,2 k €32,2 k €2,8 M €-3,6 M €-2,2 M €-307,8 k €-135,8 k €1,8 M €64,4 k €11,5 k €820,2 k €688,2 k €1,1 M €695,5 k €1,2 M €-370,6 k €
Balance sheet
Equity-414 k €-430,8 k €-506,3 k €-521,5 k €-553,7 k €-3,3 M €278 k €2,5 M €2,8 M €6 M €7,3 M €7,3 M €7,3 M €6,4 M €5,7 M €4,7 M €4 M €2,8 M €
Total assets103,1 k €488,6 k €354,4 k €664 k €387,1 k €274,3 k €4 M €13,3 M €13,5 M €16,6 M €16,4 M €16,4 M €16,5 M €16,6 M €16,4 M €16,7 M €16,7 M €29,6 M €
Cash674,4 €284,2 €12,9 k €29,7 k €47,4 k €94,2 k €27,4 k €14,5 k €38,3 k €53 k €43,2 k €16,2 k €17,7 k €121,4 k €124,9 k €118,9 k €53,7 k €462,3 k €
Debts517,1 k €919,4 k €860,6 k €1,2 M €932,5 k €3,6 M €3,7 M €10,8 M €10,6 M €10,6 M €9,2 M €9,1 M €9,2 M €10,1 M €10,6 M €11,8 M €12,5 M €26,3 M €
Other
Workforce4,9 ETP4,9 ETP4,8 ETP3,7 ETP3,4 ETP3,7 ETP4,1 ETP3,8 ETP3,9 ETP4,9 ETP5,5 ETP6,5 ETP7,2 ETP6,0 ETP3,5 ETP2,5 ETP1,6 ETP0,5 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 31/08/2025 · 3 active · 43 ended

Active mandates

CERKO HOLDING

Director · since 30 septembre 2025 · until 11 février 2028 · 0563.927.217

Represented by Alain KEPPENS

Active
ARDIES CONSULTING

Director · since 29 octobre 2021 · until 11 février 2028 · 0507.835.283

Represented by Ardies BART

Active
Ro-C

Director · since 29 octobre 2021 · until 11 février 2028 · 0890.690.424

Represented by Rombaut CHRIS

Active

Ended mandates

ARDIES CONSULTING

Director · since 29 octobre 2021 · until 11 février 2028 · 0507.835.283

Represented by Bart Ardies

Ended
FUNICO

Director · since 29 octobre 2021 · until 11 février 2028 · 0429.032.681

Represented by Janssen MAARTEN

Ended
FUNICO

Director · since 29 octobre 2021 · until 11 février 2028 · 0429.032.681

Represented by Maarten Janssen

Ended
ARDIES CONSULTING

Director · since 20 octobre 2017 · until 10 février 2023 · 0507.835.283

Represented by Bart Adries

Ended
At this address

Other companies at this address

CompanyCBE no.
CERKO HOLDINGActive
0563.927.217
FUNICOActive
0429.032.681
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelFull modelFull model
Start of the financial year01/09/202401/09/202301/09/202201/09/202101/09/202001/09/2019
Closing of the financial year31/08/202531/08/202431/08/202331/08/202231/08/202131/08/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/02/202621/02/202514/03/202424/03/202302/03/202229/01/2021
General meeting13/02/202614/02/202509/02/202410/02/202321/01/202231/12/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/08/202513/02/202623/02/2026DutchPDF
Abridged model31/08/202414/02/202521/02/2025DutchPDF
Abridged model31/08/202309/02/202414/03/2024DutchPDF
Abridged model31/08/202210/02/202324/03/2023DutchPDF
Full model31/08/202121/01/202202/03/2022DutchPDF
Full model31/08/202031/12/202029/01/2021DutchPDF
Full model31/08/201926/02/202020/04/2020DutchPDF
Full model31/08/201826/02/201920/03/2019DutchPDF
Full model31/08/201727/03/201830/03/2018DutchPDF
Full model31/08/201623/06/201721/08/2017DutchPDF
Full model31/08/201526/02/201624/06/2016DutchPDF
Full model31/08/201413/02/201502/03/2015DutchPDF
Full model31/08/201314/02/201414/03/2014DutchPDF
Full model31/08/201215/03/201329/03/2013DutchPDF
Full model31/08/201110/02/201209/03/2012DutchPDF
Full model31/08/201011/02/201110/03/2011DutchPDF
Full model31/08/200912/02/201026/02/2010DutchPDF
Full model31/08/200820/03/200931/03/2009DutchPDF
Full model30/06/200709/11/200711/12/2007DutchPDF
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 31/08/2025 · 3 active · 43 ended

Active mandates

CERKO HOLDING

Director · since 30 septembre 2025 · until 11 février 2028 · 0563.927.217

Represented by Alain KEPPENS

Active
ARDIES CONSULTING

Director · since 29 octobre 2021 · until 11 février 2028 · 0507.835.283

Represented by Ardies BART

Active
Ro-C

Director · since 29 octobre 2021 · until 11 février 2028 · 0890.690.424

Represented by Rombaut CHRIS

Active

Ended mandates

ARDIES CONSULTING

Director · since 29 octobre 2021 · until 11 février 2028 · 0507.835.283

Represented by Bart Ardies

Ended
FUNICO

Director · since 29 octobre 2021 · until 11 février 2028 · 0429.032.681

Represented by Janssen MAARTEN

Ended
FUNICO

Director · since 29 octobre 2021 · until 11 février 2028 · 0429.032.681

Represented by Maarten Janssen

Ended
ARDIES CONSULTING

Director · since 20 octobre 2017 · until 10 février 2023 · 0507.835.283

Represented by Bart Adries

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/01/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates06/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/12/2017
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    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 202516,8 k €
  2. 2024
    Annual accounts 202475,5 k €
  3. 2023
    Annual accounts 202315,2 k €
  4. 2022
    Annual accounts 202232,2 k €
  5. 2021
    Annual accounts 20212,8 M €
  6. 2020
    Annual accounts 2020-3,6 M €
  7. 2019
    Annual accounts 2019-2,2 M €
  8. 2018
    Annual accounts 2018-307,8 k €
  9. 2017
    Annual accounts 2017-135,8 k €
  10. 2015
    Annual accounts 20151,8 M €
  11. 2014
    Annual accounts 201464,4 k €
  12. 2013
    Annual accounts 201311,5 k €
  13. 2012
    Annual accounts 2012820,2 k €
  14. 2011
    Annual accounts 2011688,2 k €
  15. 2010
    Annual accounts 20101,1 M €
  16. 2009
    Annual accounts 2009695,5 k €
  17. 2008
    Annual accounts 20081,2 M €
  18. 2007
    Annual accounts 2007-370,6 k €
  19. 20/04/2006
    IncorporationPublic limited company