Financials
Financial year 2025
FINITION METAL from Ittre, company number BE0460929251, closed financial year 2025 with a result of € -87,184 after tax. For that financial year FINITION METAL recorded a gross margin of € 268,186 and equity of € 297,436. Compared with financial year 2024, the result moved from € 80,034 to € -87,184. 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 3, 2026.
€ 297,436
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -87,184
▼ still € 80,034 profit in 2024
Profit after tax over the fiscal year.
€ 60,243
▼ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 198,279.
People and assets in 2025
€ 290,476
▼ 15% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 40,821
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10,062
▼ 45% vs 2024
€ 8,597 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 69,337
▲ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 69,150
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 441,999 | € 546,148 | € 509,906 | € 268,186 | ▼ 47% |
| Profit after taxes | € 53,904 | € 39,626 | € 80,034 | € -87,184 | ▼ € 167,218 |
| Equity | € 364,960 | € 404,586 | € 384,620 | € 297,436 | ▼ 23% |
| Total debts | € 69,139 | € 154,903 | € 232,902 | € 166,032 | ▼ 29% |
| Cash | € 137,419 | € 33,720 | € 240,646 | € 60,243 | ▼ 75% |
| Retained profit | € 265,803 | € 305,429 | € 285,463 | € 198,279 | ▼ 31% |
| Dividend | € 0 | € 0 | € 100,000 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 13,775 | € 18,339 | € 10,062 | ▼ 45% |
| Balance sheet total | € 434,099 | € 559,489 | € 617,522 | € 463,468 | ▼ 25% |
| Employees (FTE) | 6 | - | - | - |
Key figures of FINITION METAL, 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 FINITION METAL?
What happened at FINITION METAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 87,184 (▼ € 167,218 vs 2024). Source: NBB ↗
- New establishment in Ittre. KBO
- Start of the company according to the CBE. KBO
In short
From € 53,904 profit in 2022 to € 87,184 loss in 2025.
Paid € 70,487 in corporate taxes since 2022.
Best year ever: 2024, with € 80,034 profit.
On average € 73,700 of value added per employee in 2022.
Management
Behind FINITION METAL are TRAHN NHAN and JEAN GASCARD. JEAN GASCARD is also behind GASCARD G.S.C., G MONTAGES, GASCARD HYDROFER and G METAL.
Directors
According to the 2025 annual accounts
TRAHN NHAN
Director
Establishments
Establishment units
Physical locations of this company
Rue de Tubize 12F
1460 Ittre
Rue de Tubize 12 F
1460 Ittre
Active since 7 July 1997
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.929.251
- VAT number
- BE 0460.929.251
- Registered office
- Rue de Tubize 12F, 1460 Ittre
- Names & denominations
- FINITION METAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 1997
- Peppol
- Active · Active since 13 Aug 2026
- Activities · NACE
Oppervlaktebehandeling en bekleding van metaal
Coating van metalen
Oppervlaktebehandeling van metalen