What does FIN - ART do?

FIN - ART is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 18 December 1989, 1 establishment.

What is the address of FIN - ART?

The registered office of FIN - ART is located at Kantstraat 1, 8531 Harelbeke.

Is FIN - ART still active?

Yes. According to the CBE (30 October 2026) FIN - ART is active, legal situation “Normale toestand”, started on 18 December 1989.

Is FIN - ART registered on Peppol?

Yes, FIN - ART is registered on the Peppol network with ID 0208:0439607661.

What is the enterprise number of FIN - ART?

The enterprise number of FIN - ART is BE0439607661.

When was FIN - ART founded?

FIN - ART was founded on 18 December 1989.

Who are the directors of FIN - ART?

According to the 2025 annual accounts, the directors of FIN - ART are: Philippe Jonas, Guy Verstraete.

Is FIN - ART a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 December 1989; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did FIN - ART make in 2025?

FIN - ART recorded a loss after taxes of € 201,267 in financial year 2025.

What is the revenue of FIN - ART?

As a small company, FIN - ART is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 875,728.

How much does an employee at FIN - ART earn?

The average wage cost per full-time employee at FIN - ART was € 116,300 in 2025: staff costs of € 220,892 for 1.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does FIN - ART have?

According to the 2025 annual accounts, FIN - ART has 1.9 full-time equivalents (FTE).

FIN - ART (Public Limited) - Harelbeke - BE0439607661

Dossier FIN - ART, printed on 30 October 2026 from databakkes.be/en/0439607661/fin-art. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

FIN - ART from Harelbeke, company number BE0439607661, closed financial year 2025 with a result of € -201,267 after tax. For that financial year FIN - ART recorded a gross margin of € 875,728 and equity of € 14.3 million. Compared with financial year 2024, the result moved from € -110,254 to € -201,267. 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 July 28, 2026.

What it is worth Healthy

€ 14.3 million

▼ 1% vs 2024

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

Loss Caution

€ -201,267

▼ 83 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 97,415

▼ 16% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 6.2 million.

People and assets in 2025

Full-time equivalents

1.9

▲ 0.1 vs 2024

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

Wage cost

€ 220,892

▲ 9% vs 2024

€ 116,300 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

€ 42,311

▼ 12% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 30 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.

€ 5.9 million

▼ 2% vs 2024

€ 181,961 is repaid this year. At this pace the long-term loan is gone in ≈ 30 years.

Owed to suppliers

€ 22,219

▲ 141% vs 2024

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

Taxes and wages

€ 46,962

▲ 26% 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	€ 956,630 Revenue 2022: € 956,630 First fiscal year in the series	€ 945,836 Revenue 2023: € 945,836 ▼ 1% vs 2022 (€ 956,630) Unfavourable step	-	-
Gross margin	-	-	€ 879,272 Gross margin 2024: € 879,272 First fiscal year in the series	€ 875,728 Gross margin 2025: € 875,728 Unchanged (€ 879,272) Unfavourable step
Profit after taxes	€ 3,128,931 Profit after taxes 2022: € 3,128,931 First fiscal year in the series	€ -134,159 Profit after taxes 2023: € -134,159 ▼ € 3.3 million vs 2022 (€ 3,128,931) Unfavourable step	€ -110,254 Profit after taxes 2024: € -110,254 ▲ € 23,905 vs 2023 (€ -134,159) Favourable step	€ -201,267 Profit after taxes 2025: € -201,267 ▼ € 91,013 vs 2024 (€ -110,254) Unfavourable step	▼ € 91,013
Equity	€ 14,792,746 Equity 2022: € 14,792,746 First fiscal year in the series	€ 14,658,586 Equity 2023: € 14,658,586 ▼ 1% vs 2022 (€ 14,792,746) Unfavourable step	€ 14,548,332 Equity 2024: € 14,548,332 ▼ 1% vs 2023 (€ 14,658,586) Unfavourable step	€ 14,347,065 Equity 2025: € 14,347,065 ▼ 1% vs 2024 (€ 14,548,332) Unfavourable step	▼ 1%
Total debts	€ 10,394,273 Total debts 2022: € 10,394,273 First fiscal year in the series	€ 9,229,499 Total debts 2023: € 9,229,499 ▼ 11% vs 2022 (€ 10,394,273) Favourable step	€ 8,055,406 Total debts 2024: € 8,055,406 ▼ 13% vs 2023 (€ 9,229,499) Favourable step	€ 7,487,047 Total debts 2025: € 7,487,047 ▼ 7% vs 2024 (€ 8,055,406) Favourable step	▼ 7%
Cash	€ 3,919,348 Cash 2022: € 3,919,348 First fiscal year in the series	€ 267,416 Cash 2023: € 267,416 ▼ 93% vs 2022 (€ 3,919,348) Unfavourable step	€ 116,075 Cash 2024: € 116,075 ▼ 57% vs 2023 (€ 267,416) Unfavourable step	€ 97,415 Cash 2025: € 97,415 ▼ 16% vs 2024 (€ 116,075) Unfavourable step	▼ 16%
Land & buildings	€ 7,557,177 Land & buildings 2022: € 7,557,177 First fiscal year in the series	€ 7,362,630 Land & buildings 2023: € 7,362,630 ▼ 3% vs 2022 (€ 7,557,177) Unchanged	€ 7,111,183 Land & buildings 2024: € 7,111,183 ▼ 3% vs 2023 (€ 7,362,630) Unchanged	€ 6,890,833 Land & buildings 2025: € 6,890,833 ▼ 3% vs 2024 (€ 7,111,183) Unchanged	▼ 3%
Retained profit	€ 6,664,896 Retained profit 2022: € 6,664,896 First fiscal year in the series	€ 6,530,737 Retained profit 2023: € 6,530,737 ▼ 2% vs 2022 (€ 6,664,896) Unfavourable step	€ 6,420,483 Retained profit 2024: € 6,420,483 ▼ 2% vs 2023 (€ 6,530,737) Unfavourable step	€ 6,219,215 Retained profit 2025: € 6,219,215 ▼ 3% vs 2024 (€ 6,420,483) Unfavourable step	▼ 3%
Bank debt	€ 6,902,092 Bank debt 2022: € 6,902,092 First fiscal year in the series	€ 6,403,747 Bank debt 2023: € 6,403,747 ▼ 7% vs 2022 (€ 6,902,092) Favourable step	€ 6,073,922 Bank debt 2024: € 6,073,922 ▼ 5% vs 2023 (€ 6,403,747) Favourable step	€ 5,923,614 Bank debt 2025: € 5,923,614 ▼ 2% vs 2024 (€ 6,073,922) Favourable step	▼ 2%
Balance sheet total	€ 26,336,336 Balance sheet total 2022: € 26,336,336 First fiscal year in the series	€ 24,996,304 Balance sheet total 2023: € 24,996,304 ▼ 5% vs 2022 (€ 26,336,336) Unchanged	€ 23,670,697 Balance sheet total 2024: € 23,670,697 ▼ 5% vs 2023 (€ 24,996,304) Unchanged	€ 22,859,728 Balance sheet total 2025: € 22,859,728 ▼ 3% vs 2024 (€ 23,670,697) Unchanged	▼ 3%
Employees (FTE)	1.8 Employees (FTE) 2022: 1.8 First fiscal year in the series	1.8 Employees (FTE) 2023: 1.8 Unchanged (1.8) Unchanged	1.8 Employees (FTE) 2024: 1.8 Unchanged (1.8) Unchanged	1.9 Employees (FTE) 2025: 1.9 ▲ 0.1 vs 2024 (1.8) Unchanged	▲ 0.1

Key figures of FIN - ART, 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 FIN - ART?

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

2029 Philippe Jonas stepped down as director. NBB
2029 Guy Verstraete stepped down as director. NBB
Jul 28, 2026 New annual accounts for financial year 2025: loss of € 201,267. Source: NBB ↗
2024 Philippe Jonas became a director. NBB
2024 Guy Verstraete became a director. NBB
Jan 12, 1990 New establishment in Harelbeke. KBO
Dec 18, 1989 Start of the company according to the CBE. KBO

In short

From € 3.1 million profit in 2022 to € 201,267 loss in 2025.

Paid € 10,611 in corporate taxes since 2022.

Best year ever: 2022, with € 3.1 million profit.

On average € 460,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

FIN - ART

Masureel International 97.6%

It owns 97.6% of Masureel International itself.

Directors

According to the 2025 annual accounts

Philippe Jonas

Director

Also active at: MASUREEL INTERNATIONAL

since 2024 · until 2029

Guy Verstraete

Managing director

Also active at: MASUREEL INTERNATIONAL, TINT INTERIOR

since 2024 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Kantstraat 1

8531 Harelbeke

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 →

MASUREEL INTERNATIONAL same network

€ 2.9 million gross margin · 2024

FINEDIS

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

Details

Company number

0439.607.661

VAT number

BE 0439.607.661

Registered office

Kantstraat 1, 8531 Harelbeke

Names & denominations

FIN - ART

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

18 December 1989

Peppol

Active · Active since 27 Jul 2026

Activities · NACE

Activiteiten van holdings

Groothandel in behang, verf en woningtextiel

Holdings

Ondersteunende activiteiten in verband met de teelt van gewassen

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Activiteiten van syndici van onroerend goed

Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg

Activiteiten van hoofdkantoren

View on CBE Public ↗ Annual accounts (NBB) ↗

FIN - ART

Warning lights

Financials

What happened to FIN - ART?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions