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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
43 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FIN LEASE from Etterbeek, company number BE0864040663, closed financial year 2025 with a result of € -17,644 after tax. For that financial year FIN LEASE recorded a gross margin of € 1.7 million and equity of € -1.1 million. Compared with financial year 2024, the result moved from € -31,468 to € -17,644. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ -1.1 million
▼ € 17,644 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,644
▲ 44 % less loss than in 2024
Profit after tax over the fiscal year.
€ 60,057
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
People and assets in 2025
€ 37,108
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11.8 million
▼ 6% vs 2024
€ 753,012 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 2,695
▲ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | - | - | € 1,673,434 | € 1,710,096 | ▲ 2% |
| Profit after taxes | € -181,557 | € -72,751 | € -31,468 | € -17,644 | ▲ € 13,823 |
| Equity | € -1,014,930 | € -1,087,680 | € -1,119,148 | € -1,136,793 | ▼ € 17,644 |
| Total debts | € 23,408,924 | € 22,717,054 | € 22,247,325 | € 21,458,347 | ▼ 4% |
| Cash | € 3,576 | € 9,363 | € 58,850 | € 60,057 | ▲ 2% |
| Land & buildings | € 22,206,290 | € 21,543,048 | € 20,879,805 | € 20,216,563 | ▼ 3% |
| Retained profit | € -1,051,930 | € -1,124,680 | € -1,156,148 | € -1,173,793 | ▼ € 17,644 |
| Bank debt | € 13,910,248 | € 13,195,712 | € 12,499,082 | € 11,759,303 | ▼ 6% |
| Balance sheet total | € 22,393,994 | € 21,629,374 | € 21,128,176 | € 20,321,555 | ▼ 4% |
Key figures of FIN LEASE, 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 FIN LEASE?
What happened at FIN LEASE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 17,644. Source: NBB ↗
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 181,557 loss in 2022 to € 17,644 loss in 2025.
Management
The stake of Axemédia, MAJA Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FIN LEASEBehind FIN LEASE are François LE HODEY and Patrice Le Hodey. The shares are held by Axemédia (95%) and MAJA Group (95%).
Directors
According to the 2025 annual accounts
François LE HODEY
Manager
Also active at: IPM Group, B en M, Axemédia, European Newspaper Publishers'Associatin - Association Européenne des Editeurs de Journaux, CONCEPT MULTEMEDIA BELGIUM, ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS, WORLD OF TRAVEL, M-SKILLS +12 more
Patrice Le Hodey
Manager
Also active at: IPM Group, MOONKYS COMPANY, D.N.A., Axemédia, HYODE, DE ROUCK HOLDING, WantoTravel, SPORT GROUP DEVELOPMENT +4 more
Shareholders
95%
95%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Frankenstraat 79
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
All companies at this address →IPM Group same network
€ 48.8 million revenue · 2025
IPM Petite Ile
€ 2.9 million revenue · 2025
TRAVEL TEAM CONSULT and REPRESENTATIVE
€ 1 million gross margin · 2025
Axemédia same network
€ 1.5 million gross margin · 2025
MICRO - FM
€ 13,547 gross margin · 2025
+38 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0864.040.663
- VAT number
- BE 0864.040.663
- Registered office
- Frankenstraat 79, 1040 Etterbeek
- Names & denominations
- FIN LEASE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 March 2004
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
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