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 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FINIMMO TOURMALET from Gistel, company number BE0842091246, closed financial year 2025 with a result of € 528,775 after tax. For that financial year FINIMMO TOURMALET recorded a gross margin of € 1.4 million and equity of € 6.8 million. Compared with financial year 2024, the result moved from € 463,473 to € 528,775. 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 January 30, 2026.
€ 6.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 528,775
▲ 14% vs 2024
Profit after tax over the fiscal year.
€ 11,512
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 525,000 paid out
99 % of the profit went to the shareholders, mostly to Finimmo Belgium (100 % of the shares). That is where the money ends up.
People and assets in 2025
1
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 61,359
▲ 2% vs 2024
€ 61,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 9.6 million
▲ 4% vs 2024
€ 745,373 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 96,715
▲ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,502
▼ 37% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,983,545 | € 1,075,329 | € 1,345,588 | € 1,371,491 | ▲ 2% |
| Profit after taxes | € 8,187,604 | € 83,652 | € 463,473 | € 528,775 | ▲ 14% |
| Equity | € 6,784,871 | € 6,785,023 | € 6,788,496 | € 6,792,271 | |
| Total debts | € 2,034,803 | € 12,738,935 | € 11,799,422 | € 11,823,588 | |
| Cash | € 2,165,954 | € 145,642 | € 453,749 | € 11,512 | ▼ 97% |
| Land & buildings | € 1,140,584 | € 13,038,080 | € 12,902,942 | € 13,511,124 | ▲ 5% |
| Retained profit | € 5,884,871 | € 5,885,023 | € 5,888,496 | € 5,892,271 | |
| Dividend | € 5,730,000 | € 82,500 | € 460,000 | € 525,000 | ▲ 14% |
| Bank debt | € 0 | € 8,900,000 | € 9,275,379 | € 9,605,561 | ▲ 4% |
| Balance sheet total | € 8,819,674 | € 19,523,958 | € 18,587,918 | € 18,615,859 | |
| Employees (FTE) | 6.1 | 0 | 0.8 | 1 | ▲ 0.2 |
Key figures of FINIMMO TOURMALET, 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 FINIMMO TOURMALET?
What happened at FINIMMO TOURMALET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 528,775 (▲ 14% vs 2024). Source: NBB ↗
- Luc Grauwet BV became a director. NBB
- Roger Grauwet became a director. NBB
- New establishment in Gistel. KBO
- Start of the company according to the CBE. KBO
In short
From € 8.2 million profit in 2022 to € 528,775 profit in 2025.
Paid € 1.9 million in corporate taxes since 2022.
Best year ever: 2022, with € 8.2 million profit.
On average € 1.4 million of value added per employee in 2025.
Management
The stake of Finimmo Belgium comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FINIMMO TOURMALETBehind FINIMMO TOURMALET are Luc Grauwet BV and Roger Grauwet. The shares are held by Finimmo Belgium (100%). It owns 100% of Finimmo 8900 itself.
Directors
According to the 2025 annual accounts
Director · represented by Luc GRAUWET
Also active at: FINIMMO 9600, FINIMMO 8900, IDE Woods, IDE Group, SOLID, PGS RDB Pallets, 5G Multimodal, Green Nature Energy +10 more
since 2023
Roger Grauwet
Director
Also active at: FINIMMO 9600, PGS RODANAR PALLETS, PGS De Backer Pallets, White Field Development, FINIMMO 8900, PGS SPECIAL PACKAGING, GRACO, PGS RDB Pallets +10 more
since 2023
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Torhoutse Baan 5/02
8470 Gistel
Torhoutse Baan 5 box 2
8470 Gistel
Active since 20 January 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0842.091.246
- VAT number
- BE 0842.091.246
- Registered office
- Torhoutse Baan 5/02, 8470 Gistel
- Names & denominations
- FINIMMO TOURMALET
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2011
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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