Financials
Financial year 2025
FINOCAS from Zelzate, company number BE0428920241, closed financial year 2025 with a result of € 5.7 million after tax. For that financial year FINOCAS recorded revenue of € 6.9 million and equity of € 576.6 million. Compared with financial year 2024, the result moved from € 4.2 million to € 5.7 million. Profitable, and profit is growing. 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 May 18, 2026.
€ 576.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.7 million
▲ 35% vs 2024
Profit after tax over the fiscal year.
€ 9,718
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 47.2 million.
People and assets in 2025
22.3
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.9 million
▼ 4% vs 2024
€ 130,100 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.
€ 61,490
▲ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 966,697
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 76 days on average.
€ 903,957
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,917,898 | € 6,588,066 | € 6,949,154 | € 6,878,100 | ▼ 1% |
| Profit after taxes | € -189,230 | € 1,488,144 | € 4,219,244 | € 5,686,195 | ▲ 35% |
| Equity | € 240,194,851 | € 241,682,995 | € 570,902,239 | € 576,588,434 | ▲ 1% |
| Total debts | € 2,746,677 | € 2,192,903 | € 2,224,746 | € 1,903,043 | ▼ 14% |
| Cash | € 2,790 | € 22,810 | € 10,047 | € 9,718 | ▼ 3% |
| Land & buildings | € 12,068,795 | € 12,238,666 | € 12,122,516 | € 11,628,483 | ▼ 4% |
| Retained profit | € 35,818,151 | € 37,306,295 | € 41,525,539 | € 47,211,734 | ▲ 14% |
| Balance sheet total | € 242,994,906 | € 243,960,476 | € 573,176,005 | € 578,543,077 | ▲ 1% |
| Employees (FTE) | 19.8 | 21.4 | 22 | 22.3 | ▲ 0.3 |
Key figures of FINOCAS, 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 FINOCAS?
What happened at FINOCAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5.7 million (▲ 35% vs 2024). Source: NBB ↗
- Marc DE PAUW stepped down as director. NBB
- Davy SCHERLIPPENS stepped down as director. NBB
- Koen DE VOLDERE stepped down as director. NBB
- Hanna PIORKOWSKA stepped down as director. NBB
- Manfred VAN VLIERBERGHE stepped down as director. NBB
- Ilse EVENEPOEL stepped down as director. NBB
- Jan CORNELIS stepped down as director. NBB
In short
From € 189,230 loss in 2022 to € 5.7 million profit in 2025.
Paid € 2.5 million in corporate taxes since 2022.
Best year ever: 2025, with € 5.7 million profit.
Pays suppliers within 76 days on average.
Management
The stake of ARCELORMITTAL HOLDING AND SERVICES BELGIUM, ARCELORMITTAL BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FINOCASThe shares are held by ARCELORMITTAL HOLDING AND SERVICES BELGIUM (40.5%) and ARCELORMITTAL BELGIUM (10%). It owns 100% of ENDURES, 100% of FININDUS, 90% of OCAS and 50% of B.I.L. INDUSTRIE itself.
Directors
According to the 2025 annual accounts
Marc DE PAUW
Director
Also active at: FININDUS, i-mens Thuishulp, i-mens, Zelfstandige Thuisverpleging i-mens, i-mens Thuisverpleging, ONDERZOEKSCENTRUM VOOR AANWENDING VAN STAAL, Vrijwilligerswerk i-mens, De Sloep i-mens +6 more
since 2020 · until 2026
since 2020 · until 2026
since 2020 · until 2026
since 2020 · until 2026
Manfred VAN VLIERBERGHE
Director
Also active at: FININDUS, CENTRE DE RECHERCHES METALLURGIQUES - CENTRUM VOOR RESEARCH IN DE METALLURGIE, Vlaams Netwerk van Ondernemingen, ONDERZOEKSCENTRUM VOOR AANWENDING VAN STAAL, FONDS D'INVESTISSEMENT ET DE CROISSANCE INDUSTRIELLE
since 2020 · until 2026
since 2024 · until 2026
since 2024 · until 2026
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Pres. J.F. Kennedylaan 3
9060 Zelzate
Technologiepark-Zwijnaarde 48
9052 Gent
Active since 31 May 2021
Technologiepark-Zwijnaarde 66
9052 Gent
Active since 1 October 2017
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
AS-HOSTINGER, CY
Website info
Features
Security
Details
- Company number
- 0428.920.241
- VAT number
- BE 0428.920.241
- Registered office
- Pres. J.F. Kennedylaan 3, 9060 Zelzate
- Names & denominations
- FINOCAS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 1986
- Peppol
- Active · Active since 20 Oct 2025
- Contact
- ocas.be
- Activities · NACE
Gieten van staal
Gieten van ijzer