Financials
Financial year 2025
FINCOSOFT from Kortrijk, company number BE0840585766, closed financial year 2025 with a result of € 278,349 after tax. For that financial year FINCOSOFT recorded a gross margin of € 407,477 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 154,823 to € 278,349. 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 April 9, 2026.
€ 1.2 million
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 278,349
▲ 80% vs 2024
Profit after tax over the fiscal year.
€ 137,471
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 55,000 paid out
20 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 28,626
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3,623
▼ 80% vs 2024
Loans from banks and other lenders, long and short.
€ 7,379
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,345
▲ 166% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 237,358 | € 243,226 | € 230,168 | € 407,477 | ▲ 77% |
| Profit after taxes | € 148,207 | € 160,736 | € 154,823 | € 278,349 | ▲ 80% |
| Equity | € 704,212 | € 864,948 | € 994,771 | € 1,218,120 | ▲ 22% |
| Total debts | € 74,872 | € 49,423 | € 30,997 | € 29,347 | ▼ 5% |
| Cash | € 461,064 | € 287,896 | € 351,638 | € 137,471 | ▼ 61% |
| Retained profit | € 691,812 | € 852,548 | € 982,371 | € 1,205,720 | ▲ 23% |
| Dividend | € 0 | € 0 | € 25,000 | € 55,000 | ▲ 120% |
| Bank debt | € 46,468 | € 32,315 | € 18,033 | € 3,623 | ▼ 80% |
| Balance sheet total | € 779,084 | € 914,370 | € 1,025,768 | € 1,247,467 | ▲ 22% |
Key figures of FINCOSOFT, 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 FINCOSOFT?
What happened at FINCOSOFT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 278,349 (▲ 80% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 148,207 profit in 2022 to € 278,349 profit in 2025.
Paid € 354,000 in corporate taxes since 2022.
Best year ever: 2025, with € 278,349 profit.
Paid out € 80,000 in dividends to the owners in total.
Management
Behind FINCOSOFT is Thierry Algoet.
Directors
According to the 2025 annual accounts
Thierry Algoet
Director
Establishments
Establishment units
Physical locations of this company
President Kennedypark(Kor) 13 box c
8500 Kortrijk
President Kennedypark(Kor) 13C
8500 Kortrijk
Active since 2 November 2011
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
- 0840.585.766
- VAT number
- BE 0840.585.766
- Registered office
- President Kennedypark(Kor) 13 bus c, 8500 Kortrijk
- Names & denominations
- FINCOSOFT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 2011
- Peppol
- Active · Active since 10 Feb 2026
- Activities · NACE
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