Financials
Financial year 2025
Finolas from Brugge, company number BE0794229169, closed financial year 2025 with a result of € 86,161 after tax. For that financial year Finolas recorded a gross margin of € 148,777 and equity of € 184,647. Compared with financial year 2024, the result moved from € 62,771 to € 86,161. Profitable, and profit is growing. 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 March 30, 2026.
€ 184,647
▲ 86% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 86,161
▲ 37% vs 2024
Profit after tax over the fiscal year.
€ 58,179
▲ 106% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
1 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 35,397
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 173,800
▼ 15% vs 2024
€ 31,093 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 171
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 46,653 | € 108,344 | € 148,777 | ▲ 37% |
| Profit after taxes | € 33,207 | € 62,771 | € 86,161 | ▲ 37% |
| Equity | € 37,407 | € 99,319 | € 184,647 | ▲ 86% |
| Total debts | € 209,723 | € 205,507 | € 176,704 | ▼ 14% |
| Cash | € 9,003 | € 28,281 | € 58,179 | ▲ 106% |
| Land & buildings | - | - | € 34,915 | |
| Retained profit | € 32,407 | € 94,319 | € 179,647 | ▲ 90% |
| Dividend | € 800 | € 859 | € 833 | ▼ 3% |
| Bank debt | € 204,635 | € 203,704 | € 173,800 | ▼ 15% |
| Balance sheet total | € 247,130 | € 304,826 | € 361,350 | ▲ 19% |
Key figures of Finolas, fiscal years 2023 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 Finolas?
What happened at Finolas in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 86,161 (▲ 37% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,207 profit in 2023 to € 86,161 profit in 2025.
Paid € 86,607 in corporate taxes since 2023.
Best year ever: 2025, with € 86,161 profit.
Paid out € 2,492 in dividends to the owners in total.
Management
Behind Finolas is Nicolas De Waele. It owns 10% of Assurantie-& financieel adviesburo Rony Stroo & Partners itself.
Directors
According to the 2025 annual accounts
Nicolas De Waele
Director
Establishments
Establishment units
Physical locations of this company
Keizer Karelstraat 19
8000 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0794.229.169
- VAT number
- BE 0794.229.169
- Registered office
- Keizer Karelstraat 19, 8000 Brugge
- Names & denominations
- Finolas
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 2022
- Peppol
- Active · Active since 2 Sept 2023
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