Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
FININDUS from Zelzate, company number BE0404535926, closed financial year 2025 with a result of € -3.4 million after tax. Compared with financial year 2024, the result moved from € -321,079 to € -3.4 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 18, 2026.
€ 180.4 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.4 million
▼ 959 % more loss than in 2024
Profit after tax over the fiscal year.
€ 40,165
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 151.7 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 623,281
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 99 days on average.
€ 11,663
▼ 95% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € -3,219,931 | € 3,774,691 | € -321,079 | € -3,399,494 | ▼ € 3.1 million |
| Equity | € 180,317,113 | € 184,091,804 | € 183,770,725 | € 180,371,231 | ▼ 2% |
| Total debts | € 446,244 | € 718,983 | € 767,106 | € 638,503 | ▼ 17% |
| Cash | € 30,662 | € 31,351 | € 42,938 | € 40,165 | ▼ 6% |
| Retained profit | € 151,599,728 | € 155,374,419 | € 155,053,340 | € 151,653,846 | ▼ 2% |
| Balance sheet total | € 180,763,356 | € 184,810,786 | € 184,537,831 | € 181,009,734 | ▼ 2% |
Key figures of FININDUS, 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 FININDUS?
What happened at FININDUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3.4 million. Source: NBB ↗
- Gerhardus Marthinus Jacobus VAN DEN BERG stepped down as director. NBB
- Kristian NOTEBAERT stepped down as director. NBB
- Hanna PIORKOWSKA-VERSPORTEN stepped down as director. NBB
- Davy SCHERLIPPENS stepped down as director. NBB
- Koen DE VOLDERE stepped down as director. NBB
- SESEMET BV stepped down as director. NBB
- ERBIUM BV stepped down as director. NBB
In short
From € 3.2 million loss in 2022 to € 3.4 million loss in 2025.
Paid € 466,076 in corporate taxes since 2022.
Best year ever: 2023, with € 3.8 million profit.
Pays suppliers within 99 days on average.
Management
The shares are held by Finocas NV (100%). It owns 50% of GUARANTEED, 36.7% of EXPANITE TECHNOLOGY, 35.7% of REIN4CED, 29.3% of SENTEA, 21.3% of JUUNOO and 20.7% of WIZATA itself.
Directors
According to the 2025 annual accounts
Gerhardus Marthinus Jacobus VAN DEN BERG
Director
since 2024 · until 2026
since 2021 · until 2026
Hanna PIORKOWSKA-VERSPORTEN
Director
since 2020 · until 2026
since 2024 · until 2026
since 2020 · until 2026
Managing director · represented by Sven VANDEPUTTE
Also active at: BEDRIJVENCENTRUM DE PUNT, JuuNoo, CALYOS, VENTORY
since 2020 · until 2026
Director · represented by Ilse EVENEPOEL
since 2020 · until 2026
Director · represented by Marc DE PAUW
Also active at: SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON, Lease.BW, EMG Belgium, ONDERZOEKSCENTRUM VOOR AANWENDING VAN STAAL, B2START, TELEMOND HOLDING
since 2020 · until 2026
Manfred VAN VLIERBERGHE
Director
Also active at: CENTRE DE RECHERCHES METALLURGIQUES - CENTRUM VOOR RESEARCH IN DE METALLURGIE, Vlaams Netwerk van Ondernemingen, FINOCAS, ONDERZOEKSCENTRUM VOOR AANWENDING VAN STAAL, FONDS D'INVESTISSEMENT ET DE CROISSANCE INDUSTRIELLE
since 2021 · until 2026
since 2020 · until 2026
Jan CORNELIS
Chairman of the board
Also active at: FINOCAS, ARCELORMITTAL HOLDING AND SERVICES BELGIUM
since 2024 · until 2026
since 2024 · until 2026
Shareholders
100%
Participations
50%
EXPANITE TECHNOLOGY
36.7%
35.7%
29.3%
21.3%
WIZATA
20.7%
20.3%
17.2%
FORTIUS METALS INC
15.4%
MAGREESOURCE
12.3%
VIKING ANALYTICS
11.9%
IMSYSTEMS HOLDING
11%
M4P MATERIAL SOLUTIONS GMBH
10.4%
TAU ACT
10%
IONOMR INNOVATIONS
8.1%
7.8%
7.4%
POWER TO HYDROGEN
5.3%
IMMATERIAL
5.1%
4.9%
HYSTAR
4.9%
CORROSION RADAR
3.9%
2.9%
Establishments
Establishment units
Physical locations of this company
Pres. J.F. Kennedylaan 3
9060 Zelzate
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.535.926
- VAT number
- BE 0404.535.926
- Registered office
- Pres. J.F. Kennedylaan 3, 9060 Zelzate
- Names & denominations
- FININDUS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 1926
- Peppol
- Active · Active since 20 Oct 2025
- Activities · NACE
Activiteiten van holdings
Holdings