FINIMO is a public administration in Verviers. Cooperative, started on 24 April 1996, 1 establishment.

What is the address of FINIMO?

The registered office of FINIMO is located at Place du Marché 55, 4800 Verviers.

Is FINIMO still active?

Yes. According to the CBE (29 October 2026) FINIMO is active, legal situation “Normale toestand”, started on 24 April 1996.

Is FINIMO registered on Peppol?

No, FINIMO is currently not registered on the Peppol network.

What is the enterprise number of FINIMO?

The enterprise number of FINIMO is BE0257884101.

When was FINIMO founded?

FINIMO was founded on 24 April 1996.

Who are the directors of FINIMO?

According to the 2025 annual accounts, the directors of FINIMO are: Jessica KARACOSTAS, ANDRE SAMRAY, ARNAUD DEWEZ, Christian VERDIN, Amaury DELTOUR, Albert ANDRE, STEPHAN GODART, Damien WATHELET.

Is FINIMO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 April 1996; 5 annual accounts filed, latest fiscal year 2025; 15 directors known from the annual account.

How much profit did FINIMO make in 2025?

FINIMO posted a profit after taxes of € 3,725,571 in financial year 2025.

What is the revenue of FINIMO?

As a small company, FINIMO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -119,292.

How much does an employee at FINIMO earn?

The average wage cost per full-time employee at FINIMO was € 145,700 in 2025: staff costs of € 189,445 for 1.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does FINIMO have?

According to the 2025 annual accounts, FINIMO has 1.3 full-time equivalents (FTE).

FINIMO (Cooperative) - Verviers - BE0257884101

Dossier FINIMO, printed on 29 October 2026 from databakkes.be/en/0257884101/finimo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

12 other companies have their registered office at the same address; threshold 10.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

FINIMO from Verviers, company number BE0257884101, closed financial year 2025 with a result of € 3.7 million after tax. For that financial year FINIMO recorded a gross margin of € -119,292 and equity of € 106.3 million. Compared with financial year 2024, the result moved from € 4.2 million to € 3.7 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.

What it is worth Growing

€ 106.3 million

▲ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 3.7 million

▼ 12% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 18.7 million

▲ 15% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 1.5 million paid out

40 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

1.3

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 189,445

▲ 4% vs 2024

€ 145,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 1,338

▼ 47% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 14.7 million

▼ 9% vs 2024

€ 1.8 million is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 29,596

▲ 203% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 29,959

▼ 21% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -91,542 Gross margin 2022: € -91,542 First fiscal year in the series	€ -112,966 Gross margin 2023: € -112,966 ▼ € 21,423 vs 2022 (€ -91,542) Unfavourable step	€ -76,020 Gross margin 2024: € -76,020 ▲ € 36,946 vs 2023 (€ -112,966) Favourable step	€ -119,292 Gross margin 2025: € -119,292 ▼ € 43,272 vs 2024 (€ -76,020) Unfavourable step	▼ € 43,272
Profit after taxes	€ 3,676,178 Profit after taxes 2022: € 3,676,178 First fiscal year in the series	€ 20,837,657 Profit after taxes 2023: € 20,837,657 ▲ € 17.2 million vs 2022 (€ 3,676,178) Favourable step	€ 4,210,324 Profit after taxes 2024: € 4,210,324 ▼ 80% vs 2023 (€ 20,837,657) Unfavourable step	€ 3,725,571 Profit after taxes 2025: € 3,725,571 ▼ 12% vs 2024 (€ 4,210,324) Unfavourable step	▼ 12%
Equity	€ 79,051,872 Equity 2022: € 79,051,872 First fiscal year in the series	€ 99,889,530 Equity 2023: € 99,889,530 ▲ 26% vs 2022 (€ 79,051,872) Favourable step	€ 104,099,853 Equity 2024: € 104,099,853 ▲ 4% vs 2023 (€ 99,889,530) Favourable step	€ 106,325,424 Equity 2025: € 106,325,424 ▲ 2% vs 2024 (€ 104,099,853) Favourable step	▲ 2%
Total debts	€ 18,994,686 Total debts 2022: € 18,994,686 First fiscal year in the series	€ 17,727,092 Total debts 2023: € 17,727,092 ▼ 7% vs 2022 (€ 18,994,686) Favourable step	€ 16,324,538 Total debts 2024: € 16,324,538 ▼ 8% vs 2023 (€ 17,727,092) Favourable step	€ 14,758,084 Total debts 2025: € 14,758,084 ▼ 10% vs 2024 (€ 16,324,538) Favourable step	▼ 10%
Cash	€ 13,311,318 Cash 2022: € 13,311,318 First fiscal year in the series	€ 13,631,171 Cash 2023: € 13,631,171 ▲ 2% vs 2022 (€ 13,311,318) Favourable step	€ 16,296,011 Cash 2024: € 16,296,011 ▲ 20% vs 2023 (€ 13,631,171) Favourable step	€ 18,673,629 Cash 2025: € 18,673,629 ▲ 15% vs 2024 (€ 16,296,011) Favourable step	▲ 15%
Retained profit	€ 28,841,074 Retained profit 2022: € 28,841,074 First fiscal year in the series	€ 49,678,731 Retained profit 2023: € 49,678,731 ▲ 72% vs 2022 (€ 28,841,074) Favourable step	€ 53,889,055 Retained profit 2024: € 53,889,055 ▲ 8% vs 2023 (€ 49,678,731) Favourable step	€ 56,114,626 Retained profit 2025: € 56,114,626 ▲ 4% vs 2024 (€ 53,889,055) Favourable step	▲ 4%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 1,500,000 Dividend 2025: € 1,500,000 Unchanged (€ 0) Unchanged
Bank debt	€ 18,842,558 Bank debt 2022: € 18,842,558 First fiscal year in the series	€ 17,574,529 Bank debt 2023: € 17,574,529 ▼ 7% vs 2022 (€ 18,842,558) Favourable step	€ 16,139,542 Bank debt 2024: € 16,139,542 ▼ 8% vs 2023 (€ 17,574,529) Favourable step	€ 14,689,878 Bank debt 2025: € 14,689,878 ▼ 9% vs 2024 (€ 16,139,542) Favourable step	▼ 9%
Balance sheet total	€ 98,046,559 Balance sheet total 2022: € 98,046,559 First fiscal year in the series	€ 117,616,622 Balance sheet total 2023: € 117,616,622 ▲ 20% vs 2022 (€ 98,046,559) Unchanged	€ 120,424,392 Balance sheet total 2024: € 120,424,392 ▲ 2% vs 2023 (€ 117,616,622) Unchanged	€ 121,083,508 Balance sheet total 2025: € 121,083,508 ▲ 1% vs 2024 (€ 120,424,392) Unchanged	▲ 1%
Employees (FTE)	1.3 Employees (FTE) 2022: 1.3 First fiscal year in the series	1.3 Employees (FTE) 2023: 1.3 Unchanged (1.3) Unchanged	1.3 Employees (FTE) 2024: 1.3 Unchanged (1.3) Unchanged	1.3 Employees (FTE) 2025: 1.3 Unchanged (1.3) Unchanged

Key figures of FINIMO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to FINIMO?

What happened at FINIMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Jessica KARACOSTAS stepped down as director. NBB
2031 ANDRE SAMRAY stepped down as director. NBB
2031 ARNAUD DEWEZ stepped down as director. NBB
2031 Christian VERDIN stepped down as director. NBB
2031 Amaury DELTOUR stepped down as director. NBB
2031 Albert ANDRE stepped down as director. NBB
2031 STEPHAN GODART stepped down as director. NBB
2031 Damien WATHELET stepped down as director. NBB

In short

From € 3.7 million profit in 2022 to € 3.7 million profit in 2025.

Paid € 704,794 in corporate taxes since 2022.

Best year ever: 2023, with € 20.8 million profit.

Paid out € 1.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

FINIMO

I.P.F.W. 12.5%

It owns 12.5% of I.P.F.W. itself.

Directors

According to the 2025 annual accounts

Jessica KARACOSTAS

Director

since 2025 · until 2031

ANDRE SAMRAY

Vice-chairman of the board

since 2025 · until 2031

ARNAUD DEWEZ

Director

since 2025 · until 2031

Christian VERDIN

Director

since 2025 · until 2031

Amaury DELTOUR

Director

since 2025 · until 2031

Albert ANDRE

Director

Also active at: FAGNES ET PLATEAU

since 2025 · until 2031

STEPHAN GODART

Director

since 2025 · until 2031

Damien WATHELET

Director

Also active at: B.E. Fin, Contrat de Rivière de la Meuse Aval et affluents

since 2025 · until 2031

Liliane LANNERS

Director

since 2025 · until 2031

Hubert AUSSEMS

Director

Also active at: Hervian Promotion and Publicity Vehicles

since 2025 · until 2031

JEAN-POL DELLICOUR

Director

since 2025 · until 2031

Audrey BEER

Director

since 2025 · until 2031

CAROLINE CASSART

Director

since 2025 · until 2031

BENOIT DORTHU

Chairman of the board

since 2025 · until 2031

BRUNO GAVRAY

Director

since 2025 · until 2031

Establishments

Establishment units

Physical locations of this company

Registered office

Place du Marché 55

4800 Verviers

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.

All companies at this address →

Ville de Verviers

Commission d'Aide aux Inventeurs

LA SEIGNEURIE DE LA VERVI-RIZ

ECOLE DES JEUNES

LE COMITE DE JUMELAGE VERVIERS - ARLES

+7 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0257.884.101
VAT number: BE 0257.884.101
Registered office: Place du Marché 55, 4800 Verviers
Names & denominations: FINIMO
Enterprise type: Rechtspersoon
Legal form: Cooperative company
Legal situation: Normale toestand
Start date: 24 April 1996
Peppol: Not registered
Activities · NACE: Overig algemeen overheidsbestuur

View on CBE Public ↗ Annual accounts (NBB) ↗

FINIMO

Warning lights

Financials

What happened to FINIMO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions