FUNICO is registered with the CBE as active in: Vervaardiging van overige artikelen van hout. Public Limited, started on 17 June 1986, 3 establishments.

What is the address of FUNICO?

The registered office of FUNICO is located at Booiebos 3, 9031 Gent.

Is FUNICO still active?

Yes. According to the CBE (29 October 2026) FUNICO is active, legal situation “Normale toestand”, started on 17 June 1986.

Is FUNICO registered on Peppol?

Yes, FUNICO is registered on the Peppol network with ID 0208:0429032681.

What is the enterprise number of FUNICO?

The enterprise number of FUNICO is BE0429032681.

When was FUNICO founded?

FUNICO was founded on 17 June 1986.

Who are the directors of FUNICO?

According to the 2025 annual accounts, the directors of FUNICO are: Sperto BV, Cerko Holding NV, Ardies Consulting BV.

Is FUNICO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 June 1986; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 3 establishments in the CBE.

How much profit did FUNICO make in 2025?

FUNICO posted a profit after taxes of € 108,167 in financial year 2025.

What is the revenue of FUNICO?

In its most recent annual accounts (2025), FUNICO reported revenue of € 18,332,411.

How much does an employee at FUNICO earn?

The average wage cost per full-time employee at FUNICO was € 57,600 in 2025: staff costs of € 6.4 million for 111.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does FUNICO have?

According to the 2025 annual accounts, FUNICO has 111.6 full-time equivalents (FTE).

FUNICO (Public Limited) - Gent - BE0429032681

Dossier FUNICO, printed on 29 October 2026 from databakkes.be/en/0429032681/funico. 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.

Tight liquidity NBB

Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

FUNICO from Gent, company number BE0429032681, closed financial year 2025 with a result of € 108,167 after tax. For that financial year FUNICO recorded revenue of € 18.3 million and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 72,551 to € 108,167. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 23, 2026.

What it is worth Growing

€ 3.9 million

▲ 3% vs 2024

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

Profit Growing

€ 108,167

▲ 49% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 398,859

▼ 5% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 3.1 million.

People and assets in 2025

Full-time equivalents

111.6

▼ 3 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 6.4 million

▲ 7% vs 2024

€ 57,600 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

€ 424,298

▲ 40% vs 2024

Of which on lease € 318,625.

Debts at end 2025

Bank debt ≈ 5 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.

€ 6 million

▲ 1% vs 2024

€ 997,234 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 2.3 million

▲ 6% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 72 days on average.

Taxes and wages

€ 1.1 million

▼ 9% 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
Revenue	€ 17,568,310 Revenue 2022: € 17,568,310 First fiscal year in the series	€ 18,562,522 Revenue 2023: € 18,562,522 ▲ 6% vs 2022 (€ 17,568,310) Favourable step	€ 17,572,180 Revenue 2024: € 17,572,180 ▼ 5% vs 2023 (€ 18,562,522) Unfavourable step	€ 18,332,411 Revenue 2025: € 18,332,411 ▲ 4% vs 2024 (€ 17,572,180) Favourable step	▲ 4%
Profit after taxes	€ 170,739 Profit after taxes 2022: € 170,739 First fiscal year in the series	€ 187,827 Profit after taxes 2023: € 187,827 ▲ 10% vs 2022 (€ 170,739) Favourable step	€ 72,551 Profit after taxes 2024: € 72,551 ▼ 61% vs 2023 (€ 187,827) Unfavourable step	€ 108,167 Profit after taxes 2025: € 108,167 ▲ 49% vs 2024 (€ 72,551) Favourable step	▲ 49%
Equity	€ 3,483,360 Equity 2022: € 3,483,360 First fiscal year in the series	€ 3,671,187 Equity 2023: € 3,671,187 ▲ 5% vs 2022 (€ 3,483,360) Favourable step	€ 3,743,738 Equity 2024: € 3,743,738 ▲ 2% vs 2023 (€ 3,671,187) Favourable step	€ 3,851,905 Equity 2025: € 3,851,905 ▲ 3% vs 2024 (€ 3,743,738) Favourable step	▲ 3%
Total debts	€ 10,179,593 Total debts 2022: € 10,179,593 First fiscal year in the series	€ 13,017,958 Total debts 2023: € 13,017,958 ▲ 28% vs 2022 (€ 10,179,593) Unfavourable step	€ 9,462,851 Total debts 2024: € 9,462,851 ▼ 27% vs 2023 (€ 13,017,958) Favourable step	€ 9,414,327 Total debts 2025: € 9,414,327 ▼ 1% vs 2024 (€ 9,462,851) Favourable step	▼ 1%
Cash	€ 859,116 Cash 2022: € 859,116 First fiscal year in the series	€ 505,514 Cash 2023: € 505,514 ▼ 41% vs 2022 (€ 859,116) Unfavourable step	€ 421,138 Cash 2024: € 421,138 ▼ 17% vs 2023 (€ 505,514) Unfavourable step	€ 398,859 Cash 2025: € 398,859 ▼ 5% vs 2024 (€ 421,138) Unfavourable step	▼ 5%
Land & buildings	€ 385,993 Land & buildings 2022: € 385,993 First fiscal year in the series	€ 733,959 Land & buildings 2023: € 733,959 ▲ 90% vs 2022 (€ 385,993) Unchanged	€ 720,104 Land & buildings 2024: € 720,104 ▼ 2% vs 2023 (€ 733,959) Unchanged	€ 695,615 Land & buildings 2025: € 695,615 ▼ 3% vs 2024 (€ 720,104) Unchanged	▼ 3%
Retained profit	€ 2,694,121 Retained profit 2022: € 2,694,121 First fiscal year in the series	€ 2,881,948 Retained profit 2023: € 2,881,948 ▲ 7% vs 2022 (€ 2,694,121) Favourable step	€ 2,954,499 Retained profit 2024: € 2,954,499 ▲ 3% vs 2023 (€ 2,881,948) Favourable step	€ 3,062,666 Retained profit 2025: € 3,062,666 ▲ 4% vs 2024 (€ 2,954,499) Favourable step	▲ 4%
Bank debt	€ 6,989,440 Bank debt 2022: € 6,989,440 First fiscal year in the series	€ 6,840,550 Bank debt 2023: € 6,840,550 ▼ 2% vs 2022 (€ 6,989,440) Favourable step	€ 6,000,866 Bank debt 2024: € 6,000,866 ▼ 12% vs 2023 (€ 6,840,550) Favourable step	€ 6,034,774 Bank debt 2025: € 6,034,774 ▲ 1% vs 2024 (€ 6,000,866) Unfavourable step	▲ 1%
Balance sheet total	€ 13,662,953 Balance sheet total 2022: € 13,662,953 First fiscal year in the series	€ 16,689,144 Balance sheet total 2023: € 16,689,144 ▲ 22% vs 2022 (€ 13,662,953) Unchanged	€ 13,206,588 Balance sheet total 2024: € 13,206,588 ▼ 21% vs 2023 (€ 16,689,144) Unchanged	€ 13,266,232 Balance sheet total 2025: € 13,266,232 Unchanged (€ 13,206,588) Unchanged
Employees (FTE)	99.1 Employees (FTE) 2022: 99.1 First fiscal year in the series	109.3 Employees (FTE) 2023: 109.3 ▲ 10.2 vs 2022 (99.1) Unchanged	114.6 Employees (FTE) 2024: 114.6 ▲ 5.3 vs 2023 (109.3) Unchanged	111.6 Employees (FTE) 2025: 111.6 ▼ 3 vs 2024 (114.6) Unchanged	▼ 3

Key figures of FUNICO, 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 March 2027.

What happened to FUNICO?

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

2028 Sperto BV stepped down as director. NBB
2028 Cerko Holding NV stepped down as director. NBB
2028 Ardies Consulting BV stepped down as director. NBB
Feb 23, 2026 New annual accounts for financial year 2025: profit of € 108,167 (▲ 49% vs 2024). Source: NBB ↗
2021 Ardies Consulting BV became a director. NBB
2021 Sperto BV became a director. NBB
2021 Cerko Holding NV became a director. NBB
Dec 26, 2016 New establishment in Beersel. KBO

In short

From € 170,739 profit in 2022 to € 108,167 profit in 2025.

Paid € 309,354 in corporate taxes since 2022.

Best year ever: 2023, with € 187,827 profit.

Pays suppliers within 72 days on average.

Original PDFs at the National Bank ↗

Management

Cerko Holding NV 27.6%

FUNICO

FinIt Services 100%

Funico NL BV 100%

Funico France SAS 99.9%

The shares are held by Cerko Holding NV (27.6%). It owns 100% of FinIt Services, 100% of Funico NL BV and 99.9% of Funico France SAS itself.

Directors

According to the 2025 annual accounts

Sperto BV

Director · represented by Alain Keppens

Also active at: Down2Earth Partners, CERKO HOLDING, HENGELHOEF CONCRETE JOINTS, MOVE INTERMODAL GROUP, Down2Earth Partners II, Industrial Automation and Digitalization Group

since 2021 · until 2028

Cerko Holding NV

Director · represented by Chris Rombaut

Also active at: FinIT Services

since 2021 · until 2028

Ardies Consulting BV

Managing director · represented by Bart Ardies

Also active at: Vandenbosch-Polydis, CERKO HOLDING, FinIT Services

since 2021 · until 2028

Shareholders

Cerko Holding NV

27.6%

Participations

FinIt Services

100%

Funico NL BV

100%

Funico France SAS

99.9%

Establishments

Establishment units

Physical locations of this company

Registered office

Booiebos 3

9031 Gent

2.231.409.477

Landegemstraat 3

9031 Gent

Active since 10 June 2014

2.258.845.631

Molenstraat 55

1651 Beersel

Active since 26 December 2016

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

CERKO HOLDING same network

€ 60,280 gross margin · 2025

FinIT Services same network

€ 431,645 gross margin · 2025

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

Details

Company number

0429.032.681

VAT number

BE 0429.032.681

Registered office

Booiebos 3, 9031 Gent

Names & denominations

FUNICO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

17 June 1986

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Vervaardiging van overige artikelen van hout

Overige industrie, neg

Vervaardiging van andere artikelen van hout

Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)

Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2

View on CBE Public ↗ Annual accounts (NBB) ↗

FUNICO

Warning lights

Financials

What happened to FUNICO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions