ACTIVE

FICAF

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Financial year 2025 · closed on 31/12/2025

Net result

2,6 M €

-0.3% YoY

Revenue

1,5 M €

+2.8% YoY

Equity

31,7 M €

-19.0% YoY

Workforce

10,6 ETP

+8.2% YoY

What does FICAF do?

FICAF is a Public limited company incorporated in 2006. Its registered office is in Zonnebeke. It employs on average 10,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0882.196.588

Incorporation

30/06/2006

Legal form

Public limited company

Registered office

Kasteelstraat 31
8980 Zonnebeke · FlandreSee on map

Contributed capital

20 000 000,00 €

Latest accounts

31/12/2025

Average workforce

10,6 ETP

Joint committees (2)

20000
218

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	1,5 M €	+2.8%	1,5 M €	-30.6%	2,1 M €	+2.9%	2 M €	+11.4%	1,8 M €	+1.2%	1,8 M €	-15.0%	2,1 M €	+0.6%	2,1 M €		–		–		–		–		–		–		–		–		–
EBITDA	819,5 k €	-18.1%	1 M €	-27.8%	1,4 M €	+2.3%	1,4 M €	-14.2%	1,6 M €	-7.8%	1,7 M €	-21.3%	2,2 M €	-2.6%	2,2 M €	-1.1%	2,3 M €	+0.5%	2,2 M €	+3.6%	2,2 M €	+9.8%	2 M €	-1.6%	2 M €	-4.4%	2,1 M €	+83.4%	1,1 M €	+111%	541,2 k €	+168%	202,3 k €
Operating result	330 k €	-5.1%	347,6 k €	-31.2%	505,2 k €	+10.3%	458 k €	-43.4%	808,6 k €	-14.8%	949,5 k €	+15.7%	820,3 k €	-8.4%	895,6 k €	-2.6%	919,4 k €	-0.4%	922,9 k €	-17.7%	1,1 M €	+5.5%	1,1 M €	+54.1%	690,1 k €	-11.9%	783,2 k €	+46.5%	534,6 k €	-1.2%	541,2 k €	+168%	202,3 k €
Net result	2,6 M €	-0.3%	2,6 M €	+27.3%	2 M €	+47.2%	1,4 M €	-5.5%	1,5 M €	-13.8%	1,7 M €	+140%	703,1 k €	-33.8%	1,1 M €	-3.5%	1,1 M €	-1.5%	1,1 M €	+90.1%	587,5 k €	-51.7%	1,2 M €	+16.3%	1 M €	+4.7%	998,8 k €	+8.9%	916,9 k €	+98.9%	460,9 k €	-14.5%	539,2 k €
Balance sheet
Equity	31,7 M €	-19.0%	39,1 M €	+6.0%	36,9 M €	+5.8%	34,9 M €	+2.5%	34 M €	+9.0%	31,2 M €	+4.8%	29,7 M €	+2.4%	29 M €	+3.8%	28 M €	+4.1%	26,9 M €	+4.3%	25,8 M €	+2.3%	25,2 M €	+5.1%	24 M €	+4.6%	22,9 M €	+4.6%	21,9 M €	+99.2%	11 M €	+16.5%	9,4 M €
Total assets	99,1 M €	-13.9%	115,1 M €	+5.6%	109 M €	+24.0%	87,9 M €	+5.0%	83,7 M €	+67.8%	49,9 M €	-19.3%	61,8 M €	+23.4%	50,1 M €	+14.9%	43,6 M €	+10.8%	39,4 M €	+8.7%	36,2 M €	+8.4%	33,4 M €	+9.0%	30,7 M €	+17.7%	26,1 M €	+12.3%	23,2 M €	+86.0%	12,5 M €	+30.3%	9,6 M €
Cash	682,2 k €	-94.2%	11,7 M €	+50.8%	7,8 M €	+367%	1,7 M €	-90.4%	17,4 M €	+189%	6 M €	-56.3%	13,8 M €	+81.6%	7,6 M €	+80.9%	4,2 M €	+726%	508,1 k €	-80.0%	2,5 M €	+353%	559,9 k €	+176%	202,9 k €	-17.8%	246,9 k €	+245%	71,5 k €	-40.8%	120,9 k €	+50.8%	80,1 k €
Debts	67,4 M €	-10.7%	75,5 M €	+4.7%	72,1 M €	+37.0%	52,6 M €	+7.0%	49,2 M €	+164%	18,7 M €	-41.8%	32 M €	+63.3%	19,6 M €	+26.3%	15,5 M €	+24.2%	12,5 M €	+19.6%	10,5 M €	+31.1%	8 M €	+23.2%	6,5 M €	+121%	2,9 M €	+157%	1,1 M €	-22.6%	1,5 M €	+1000%	134,2 k €
Other
Workforce	10,6 ETP	+8.2%	9,8 ETP	+1.0%	9,7 ETP	+1.0%	9,6 ETP	+4.3%	9,2 ETP	+29.6%	7,1 ETP	+24.6%	5,7 ETP	+5.6%	5,4 ETP	+20.0%	4,5 ETP	-23.7%	5,9 ETP	-11.9%	6,7 ETP	+31.4%	5,1 ETP	-3.8%	5,3 ETP	+6.0%	5,0 ETP	+4.2%	4,8 ETP	+92.0%	2,5 ETP	+25.0%	2,0 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 · 3 active · 10 ended

Active mandates

Antony Popelier

Director · since 09 octobre 2023 · until 15 juin 2029

Active

Frans Castelein

Director · since 09 octobre 2023 · until 15 juin 2029

Active

Patrick Reekmans Consulting

Director · since 09 octobre 2023 · until 20 juin 2026 · 0688.934.481

Represented by Patrick Reekmans

Active

Ended mandates

Patrick Reekmans Consulting

Director · since 09 octobre 2023 · until 15 juin 2029 · 0688.934.481

Represented by Patrick REEKMANS

Ended

Antony Popelier

Director · until 01 juin 2024

Ended

Antony Popelier

Director

Ended

Frans Castelein

Director · until 01 juin 2024

Ended

At this address

Other companies at this address

Company	CBE no.
POLCAF● Active	0466.459.142

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/07/2026	26/06/2025	16/07/2024	06/07/2023	24/06/2022	06/07/2021
General meeting	19/06/2026	20/06/2025	29/06/2024	30/06/2023	17/06/2022	28/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	01/07/2026	Dutch	PDF
Full model	31/12/2024	20/06/2025	26/06/2025	Dutch	PDF
Full model	31/12/2023	29/06/2024	16/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	06/07/2023	Dutch	PDF
Full model	31/12/2021	17/06/2022	24/06/2022	Dutch	PDF
Full model	31/12/2020	28/06/2021	06/07/2021	Dutch	PDF
Full model	31/12/2019	19/06/2020	15/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	17/07/2019	Dutch	PDF
Full model	31/12/2017	28/06/2018	18/07/2018	Dutch	PDF
Full model	31/12/2016	29/06/2017	07/07/2017	Dutch	PDF
Abridged model	31/12/2015	29/06/2016	20/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	09/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	09/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	12/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	04/07/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	07/07/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	16/07/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	03/07/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	07/07/2008	Dutch	PDF

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 · 3 active · 10 ended

Active mandates

Antony Popelier

Director · since 09 octobre 2023 · until 15 juin 2029

Active

Frans Castelein

Director · since 09 octobre 2023 · until 15 juin 2029

Active

Patrick Reekmans Consulting

Director · since 09 octobre 2023 · until 20 juin 2026 · 0688.934.481

Represented by Patrick Reekmans

Active

Ended mandates

Patrick Reekmans Consulting

Director · since 09 octobre 2023 · until 15 juin 2029 · 0688.934.481

Represented by Patrick REEKMANS

Ended

Antony Popelier

Director · until 01 juin 2024

Ended

Antony Popelier

Director

Ended

Frans Castelein

Director · until 01 juin 2024

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/07/2026
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares27/07/2009
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other11/07/2006
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

2025
Annual accounts 20252,6 M €↓
2024
Annual accounts 20242,6 M €↑
29/06/2024
nominationNV Callens Vandelanotte — commissaris
2023
Annual accounts 20232 M €↑
2022
Annual accounts 20221,4 M €↓
2021
Annual accounts 20211,5 M €↓
2018
Annual accounts 20181,7 M €↑
2017
Annual accounts 2017703,1 k €↓
2016
Annual accounts 20161,1 M €↓
2015
Annual accounts 20151,1 M €↓
2014
Annual accounts 20141,1 M €↑
2013
Annual accounts 2013587,5 k €↓
2012
Annual accounts 20121,2 M €↑
2011
Annual accounts 20111 M €↑
2010
Annual accounts 2010998,8 k €↑
2009
Annual accounts 2009916,9 k €↑
2008
Annual accounts 2008460,9 k €↓
2007
Annual accounts 2007539,2 k €
30/06/2006
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FICAF

Overview

What does FICAF do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline