What is the address of FINRES?

The registered office of FINRES is located at Jozef Van Hovestraat 35, 1950 Kraainem.

Is FINRES still active?

Yes. According to the CBE (30 October 2026) FINRES is active, legal situation “Normale toestand”, started on 31 December 1990.

Is FINRES registered on Peppol?

Yes, FINRES is registered on the Peppol network with ID 0208:0442882204.

What is the enterprise number of FINRES?

The enterprise number of FINRES is BE0442882204.

When was FINRES founded?

FINRES was founded on 31 December 1990.

Who are the directors of FINRES?

According to the 2025 annual accounts, the directors of FINRES are: MAXIMILIEN SCHEPPERS DE BERGSTEIN.

Is FINRES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 December 1990; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did FINRES make in 2025?

FINRES recorded a loss after taxes of € 60,674 in financial year 2025.

What is the revenue of FINRES?

As a small company, FINRES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 198,484.

How much does an employee at FINRES earn?

The average wage cost per full-time employee at FINRES was € 44,500 in 2025: staff costs of € 142,432 for 3.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does FINRES have?

According to the 2025 annual accounts, FINRES has 3.2 full-time equivalents (FTE).

FINRES (Public Limited) - Kraainem - BE0442882204

Q: What does FINRES do?

FINRES is registered with the CBE as active in: Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair. Public Limited, started on 31 December 1990, 1 establishment.

Dossier FINRES, printed on 30 October 2026 from databakkes.be/en/0442882204/finres. 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 41 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 8 to 3.2.

Financials

Financial year 2025

FINRES from Kraainem, company number BE0442882204, closed financial year 2025 with a result of € -60,674 after tax. For that financial year FINRES recorded a gross margin of € 198,484 and equity of € 54,539. Compared with financial year 2024, the result moved from € -12,662 to € -60,674. The company made a loss. The buffer shrank hard: equity is 53 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 7, 2026.

What it is worth Shrank hard

€ 54,539

▼ 53% vs 2024

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

Loss Caution

€ -60,674

▼ 379 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 50,300

▼ 60% 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 € -395,667.

People and assets in 2025

Full-time equivalents

3.2

▼ 0.5 vs 2024

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

Wage cost

€ 142,432

▼ 13% vs 2024

€ 44,500 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

€ 6,673

▲ € 5,730 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 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.

€ 237,045

▼ 14% vs 2024

€ 42,185 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 190,689

▼ 17% vs 2024

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

Taxes and wages

€ 122,082

▲ 68% 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	€ 329,806 Gross margin 2022: € 329,806 First fiscal year in the series	€ 352,731 Gross margin 2023: € 352,731 ▲ 7% vs 2022 (€ 329,806) Favourable step	€ 208,295 Gross margin 2024: € 208,295 ▼ 41% vs 2023 (€ 352,731) Unfavourable step	€ 198,484 Gross margin 2025: € 198,484 ▼ 5% vs 2024 (€ 208,295) Unfavourable step	▼ 5%
Profit after taxes	€ -171,283 Profit after taxes 2022: € -171,283 First fiscal year in the series	€ -139,109 Profit after taxes 2023: € -139,109 ▲ € 32,175 vs 2022 (€ -171,283) Favourable step	€ -12,662 Profit after taxes 2024: € -12,662 ▲ € 126,446 vs 2023 (€ -139,109) Favourable step	€ -60,674 Profit after taxes 2025: € -60,674 ▼ € 48,012 vs 2024 (€ -12,662) Unfavourable step	▼ € 48,012
Equity	€ 266,984 Equity 2022: € 266,984 First fiscal year in the series	€ 127,876 Equity 2023: € 127,876 ▼ 52% vs 2022 (€ 266,984) Unfavourable step	€ 115,213 Equity 2024: € 115,213 ▼ 10% vs 2023 (€ 127,876) Unfavourable step	€ 54,539 Equity 2025: € 54,539 ▼ 53% vs 2024 (€ 115,213) Unfavourable step	▼ 53%
Total debts	€ 483,361 Total debts 2022: € 483,361 First fiscal year in the series	€ 821,191 Total debts 2023: € 821,191 ▲ 70% vs 2022 (€ 483,361) Unfavourable step	€ 587,749 Total debts 2024: € 587,749 ▼ 28% vs 2023 (€ 821,191) Favourable step	€ 556,004 Total debts 2025: € 556,004 ▼ 5% vs 2024 (€ 587,749) Favourable step	▼ 5%
Cash	€ 30,554 Cash 2022: € 30,554 First fiscal year in the series	€ 42,902 Cash 2023: € 42,902 ▲ 40% vs 2022 (€ 30,554) Favourable step	€ 126,326 Cash 2024: € 126,326 ▲ 194% vs 2023 (€ 42,902) Favourable step	€ 50,300 Cash 2025: € 50,300 ▼ 60% vs 2024 (€ 126,326) Unfavourable step	▼ 60%
Retained profit	€ -183,222 Retained profit 2022: € -183,222 First fiscal year in the series	€ -322,331 Retained profit 2023: € -322,331 ▼ € 139,109 vs 2022 (€ -183,222) Unfavourable step	€ -334,993 Retained profit 2024: € -334,993 ▼ € 12,662 vs 2023 (€ -322,331) Unfavourable step	€ -395,667 Retained profit 2025: € -395,667 ▼ € 60,674 vs 2024 (€ -334,993) Unfavourable step	▼ € 60,674
Bank debt	€ 207,949 Bank debt 2022: € 207,949 First fiscal year in the series	€ 314,007 Bank debt 2023: € 314,007 ▲ 51% vs 2022 (€ 207,949) Unfavourable step	€ 276,766 Bank debt 2024: € 276,766 ▼ 12% vs 2023 (€ 314,007) Favourable step	€ 237,045 Bank debt 2025: € 237,045 ▼ 14% vs 2024 (€ 276,766) Favourable step	▼ 14%
Balance sheet total	€ 750,345 Balance sheet total 2022: € 750,345 First fiscal year in the series	€ 949,067 Balance sheet total 2023: € 949,067 ▲ 26% vs 2022 (€ 750,345) Unchanged	€ 702,962 Balance sheet total 2024: € 702,962 ▼ 26% vs 2023 (€ 949,067) Unchanged	€ 610,543 Balance sheet total 2025: € 610,543 ▼ 13% vs 2024 (€ 702,962) Unchanged	▼ 13%
Employees (FTE)	7.5 Employees (FTE) 2022: 7.5 First fiscal year in the series	8 Employees (FTE) 2023: 8 ▲ 0.5 vs 2022 (7.5) Unchanged	3.7 Employees (FTE) 2024: 3.7 ▼ 4.3 vs 2023 (8) Unchanged	3.2 Employees (FTE) 2025: 3.2 ▼ 0.5 vs 2024 (3.7) Unchanged	▼ 0.5

Key figures of FINRES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to FINRES?

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

2030 MAXIMILIEN SCHEPPERS DE BERGSTEIN stepped down as director. NBB
Apr 7, 2026 New annual accounts for financial year 2025: loss of € 60,674. Source: NBB ↗
2024 MAXIMILIEN SCHEPPERS DE BERGSTEIN became a director. NBB
Mar 12, 1991 New establishment in Kraainem. KBO
Dec 31, 1990 Start of the company according to the CBE. KBO

In short

From € 171,283 loss in 2022 to € 60,674 loss in 2025.

Paid € 501 in corporate taxes since 2022.

On average € 62,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

COJEG 13%

The stake of COJEG comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

FINRES

The shares are held by COJEG (13%).

Directors

According to the 2025 annual accounts

MAXIMILIEN SCHEPPERS DE BERGSTEIN

Managing director

Also active at: COJEG, PELBRICK

since 2024 · until 2030

Shareholders

COJEG

13%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Jozef Van Hovestraat 35

1950 Kraainem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

ACTE V SCENE 1

€ 51,566 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

0442.882.204

VAT number

BE 0442.882.204

Registered office

Jozef Van Hovestraat 35, 1950 Kraainem

Names & denominations

FINRES

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

31 December 1990

Peppol

Active · Active since 24 Dec 2025

Activities · NACE

Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair

Groothandel in bouwmaterialen, algemeen assortiment

Niet-gespecialiseerde groothandel

Overige groothandel

View on CBE Public ↗ Annual accounts (NBB) ↗

FINRES

Warning lights

Financials

What happened to FINRES?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions