Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FINAWIRS from Flémalle, company number BE0471400501, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year FINAWIRS recorded revenue of € 1.1 million and equity of € 6.2 million. Compared with financial year 2024, the result moved from € 5.8 million to € 1.5 million. The company is profitable. 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 June 23, 2026.
€ 6.2 million
▼ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▼ 75% vs 2024
Profit after tax over the fiscal year.
€ 9,191
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 1,095
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 37,787
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 43,191
▲ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 108,046
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 5,210
▼ 88% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,002,588 | € 1,006,826 | € 1,060,226 | € 1,068,855 | ▲ 1% |
| Profit after taxes | € 579,046 | € -116,257 | € 5,775,023 | € 1,469,550 | ▼ 75% |
| Equity | € 14,029,563 | € 8,413,306 | € 8,688,329 | € 6,157,878 | ▼ 29% |
| Total debts | € 4,858,639 | € 10,581,383 | € 8,507,827 | € 10,982,798 | ▲ 29% |
| Cash | € 53,708 | € 133,706 | € 83,812 | € 9,191 | ▼ 89% |
| Retained profit | € 13,029,563 | € 7,413,306 | € 7,688,329 | € 5,157,878 | ▼ 33% |
| Dividend | € 950,000 | € 5,500,000 | € 5,500,000 | € 4,000,000 | ▼ 27% |
| Bank debt | € 36,656 | € 38,755 | € 40,932 | € 43,191 | ▲ 6% |
| Balance sheet total | € 19,091,676 | € 19,183,853 | € 17,372,171 | € 17,303,177 |
Key figures of FINAWIRS, 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 FINAWIRS?
What happened at FINAWIRS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.5 million (▼ 75% vs 2024). Source: NBB ↗
- Germain PORTIER stepped down as director. NBB
- Françoise BELFROID stepped down as director. NBB
- La Ferme d'Elbeck SRL stepped down as director. NBB
- P4WARD SRL stepped down as director. NBB
- Raphaël GRIMONT stepped down as director. NBB
- SOGINVEST SRL stepped down as director. NBB
- La Ferme d'Elbeck SRL became a director. NBB
In short
From € 579,046 profit in 2022 to € 1.5 million profit in 2025.
Paid € 42,077 in corporate taxes since 2022.
Best year ever: 2024, with € 5.8 million profit.
Paid out € 16 million in dividends to the owners in total.
Management
The stake of CoGe4 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FINAWIRSThe shares are held by CoGe4 (100%). It owns 100% of GPIMMO, 100% of GROUPE PREFER INDUSTRIES and 50% of LAFOND PORTIER itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2026
Françoise BELFROID
Director
Also active at: ROSE CONSTRUCTION, EMBUILD NAMUR BRABANT WALLON, Le Beau Vallon - Soins spécialisés en santé mentale, Rc RENO, OPUS-INVEST
since 2023 · until 2026
Director · represented by Pierre PORTIER
since 2025 · until 2026
Director · represented by Paul PORTIER
since 2025 · until 2026
Raphaël GRIMONT
Managing director
Also active at: FEDERATION DE L'INDUSTRIE DU BETON - FEDERATIE VAN DE BETONINDUSTRIE, PREFER CONSTRUCT, PREFER PREFAB, GROUPE PREFER INDUSTRIES, GPImmo, CoGe4, PREFER METAL
since 2023 · until 2026
Director · represented by ANDRE KILESSE
Also active at: Polca, PCSI, ORTIS, Barthel PAULS, HOLDING PCS, R-PACK TRADING, BROPTIMIZE ENERGY, CAMAC +6 more
since 2023 · until 2026
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Rue des Awirs(AWR) 198
4400 Flémalle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.400.501
- VAT number
- BE 0471.400.501
- Registered office
- Rue des Awirs(AWR) 198, 4400 Flémalle
- Names & denominations
- FINAWIRS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 March 2000
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
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