ACTIVE

FINMORE

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Financial year 2025 · closed on 30/09/2025
Net result
1,1 M €
+101.6% YoY
Gross margin
1,7 M €
+94.9% YoY
Equity
2,6 M €
+46.0% YoY

What does FINMORE do?

FINMORE is a Private limited company incorporated in 2008. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Schilde.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0898.974.224
Incorporation
26/06/2008
Legal form
Private limited company
Registered office
Heidedreef 33
2970 Schilde · FlandreSee on map
Contributed capital
118 550,00 €
Latest accounts
30/09/2025
Activities (NACE)
82990Other business support service activities n.e.c.· main82990Other business support service activities n.e.c.68201Rental and operating of own or leased real estate68201Rental and operating of own or leased real estate
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021201920182017201520142013201220112009
Income statement
Gross margin1,7 M €846,7 k €789,7 k €416,9 k €325,9 k €201,3 k €207,6 k €213,7 k €200,9 k €203,4 k €229,3 k €179,9 k €264,3 k €185,3 k €
EBITDA1,6 M €837,8 k €781,6 k €409,4 k €318,4 k €194,4 k €201 k €207,3 k €194,4 k €197,8 k €219,3 k €178,4 k €280,8 k €163 k €
Operating result1,6 M €766,9 k €714,9 k €342,5 k €242,1 k €117,1 k €125,5 k €123,7 k €99,8 k €114,2 k €58,2 k €29,2 k €32,1 k €158,7 k €
Net result1,1 M €524,7 k €488,7 k €235,2 k €162,2 k €67,5 k €59,5 k €58 k €36,1 k €46,5 k €6,7 k €723,1 €6,6 k €101,5 k €
Balance sheet
Equity2,6 M €1,8 M €1,3 M €903,1 k €767,9 k €552,8 k €485,3 k €425,7 k €316,6 k €280,5 k €234 k €227,4 k €126,6 k €107,7 k €
Total assets3,1 M €2,1 M €1,7 M €1,3 M €1,3 M €1,2 M €1,2 M €1,3 M €1,4 M €1,4 M €1,5 M €1,6 M €1 M €271,4 k €
Cash1,5 M €1 M €641,5 k €124,7 k €156,7 k €9,7 k €17,3 k €23,6 k €24,7 k €18,8 k €23,7 k €21,1 k €81,7 k €246 k €
Debts494,7 k €300,1 k €342,5 k €334,9 k €403,6 k €520,6 k €669,6 k €763 k €1 M €1,1 M €1,2 M €1,4 M €896,7 k €142 k €
Other
Workforce–0,0 ETP0,0 ETP–––––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 3 ended

Active mandates

Philip Schelfhout

Director · since 30 mars 2017

Active
Christine Verhaert

Director · since 26 juin 2008

Active

Ended mandates

Philip Schelfhout

Manager · since 30 mars 2017

Ended
Philippus Schelfhout

Director · since 30 mars 2017

Ended
Christine Verhaert

Manager · since 26 juin 2008

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date30/04/202630/04/202529/04/202428/04/202329/04/202230/04/2021
General meeting31/03/202631/03/202529/03/202430/03/202330/03/202230/03/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202531/03/202630/04/2026DutchPDF
Abridged model30/09/202431/03/202530/04/2025DutchPDF
Abridged model30/09/202329/03/202429/04/2024DutchPDF
Abridged model30/09/202230/03/202328/04/2023DutchPDF
Abridged model30/09/202130/03/202229/04/2022DutchPDF
Abridged model30/09/202030/03/202130/04/2021DutchPDF
Abridged model30/09/201930/03/202030/04/2020DutchPDF
Abridged model30/09/201830/03/201930/04/2019DutchPDF
Abridged model30/09/201730/03/201830/04/2018DutchPDF
Abridged model30/09/201630/03/201728/04/2017DutchPDF
Abridged model30/09/201507/03/201630/03/2016DutchPDF
Abridged model30/09/201430/03/201529/04/2015DutchPDF
Abridged model30/09/201331/03/201430/04/2014DutchPDF
Abridged model30/09/201229/03/201329/04/2013DutchPDF
Abridged model30/09/201130/03/201230/04/2012DutchPDF
Abridged model31/12/200930/06/201030/07/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 3 ended

Active mandates

Philip Schelfhout

Director · since 30 mars 2017

Active
Christine Verhaert

Director · since 26 juin 2008

Active

Ended mandates

Philip Schelfhout

Manager · since 30 mars 2017

Ended
Philippus Schelfhout

Director · since 30 mars 2017

Ended
Christine Verhaert

Manager · since 26 juin 2008

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/06/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/05/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/03/2012
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
    PDF
  • Other26/01/2011
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other11/07/2008
    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 20251,1 M €↑
  2. 2024
    Annual accounts 2024524,7 k €↑
  3. 2023
    Annual accounts 2023488,7 k €↑
  4. 2022
    Annual accounts 2022235,2 k €↑
  5. 2021
    Annual accounts 2021162,2 k €↑
  6. 2019
    Annual accounts 201967,5 k €↑
  7. 2018
    Annual accounts 201859,5 k €↑
  8. 2017
    Annual accounts 201758 k €↑
  9. 2015
    Annual accounts 201536,1 k €↓
  10. 2014
    Annual accounts 201446,5 k €↑
  11. 2013
    Annual accounts 20136,7 k €↑
  12. 2012
    Annual accounts 2012723,1 €↓
  13. 2011
    Annual accounts 20116,6 k €↓
  14. 2009
    Annual accounts 2009101,5 k €
  15. 26/06/2008
    IncorporationPrivate limited company