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 51 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
FINLO from Aalter, company number BE0445434292, closed financial year 2025 with a result of € 36,916 after tax. For that financial year FINLO recorded a gross margin of € -1,120 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 37,179 to € 36,916. The company is profitable. 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 January 14, 2026.
€ 1.3 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,916
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 39,455
▲ 219% 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 € 539,086.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,775 | € -302 | € -1,147 | € -1,120 | ▲ € 27 |
| Profit after taxes | € -3,400 | € 295,184 | € 37,179 | € 36,916 | ▼ 1% |
| Equity | € 913,489 | € 1,208,673 | € 1,245,852 | € 1,282,768 | ▲ 3% |
| Total debts | € 77,501 | € 77,501 | € 77,501 | € 77,501 | |
| Cash | € 16,680 | € 14,897 | € 12,359 | € 39,455 | ▲ 219% |
| Retained profit | € 169,807 | € 464,991 | € 502,170 | € 539,086 | ▲ 7% |
| Balance sheet total | € 990,990 | € 1,286,174 | € 1,323,353 | € 1,360,269 | ▲ 3% |
Key figures of FINLO, 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 January 2027.
What happened to FINLO?
What happened at FINLO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 36,916 (▼ 1% vs 2024). Source: NBB ↗
- Ivan Willems became a director. NBB
- André Vanhulle became a director. NBB
- Bernard Buys became a director. NBB
- New establishment in Aalter. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,400 loss in 2022 to € 36,916 profit in 2025.
Best year ever: 2023, with € 295,184 profit.
Management
Behind FINLO are Ivan Willems, André Vanhulle and Bernard Buys. It owns 40% of Finlo NL BV itself.
Establishments
Establishment units
Physical locations of this company
Brug-Zuid 12
9880 Aalter
Brug-Zuid 29
9880 Aalter
Active since 7 November 1991
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.434.292
- VAT number
- BE 0445.434.292
- Registered office
- Brug-Zuid 12, 9880 Aalter
- Names & denominations
- FINLO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 October 1991
- Peppol
- Not registered
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair