Financials
Financial year 2025
FINEL from Malmedy, company number BE1004268318, closed financial year 2025 with a result of € 204,455 after tax. For that financial year FINEL recorded a gross margin of € 279,291 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 91,850 to € 204,455. Profitable, and profit is growing. 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 July 10, 2026.
€ 1.8 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 204,455
▲ 123% vs 2024
Profit after tax over the fiscal year.
€ 53,934
▲ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 217,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 70,000
▲ 133% vs 2024
Loans from banks and other lenders, long and short.
€ 27,329
▲ € 27,305 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,371
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 131,336 | € 279,291 | ▲ 113% |
| Profit after taxes | € 91,850 | € 204,455 | ▲ 123% |
| Equity | € 1,843,850 | € 1,831,306 | ▼ 1% |
| Total debts | € 56,259 | € 334,700 | ▲ € 278,440 |
| Cash | € 32,069 | € 53,934 | ▲ 68% |
| Retained profit | € 91,850 | € 79,306 | ▼ 14% |
| Dividend | € 0 | € 217,000 | |
| Bank debt | € 30,000 | € 70,000 | ▲ 133% |
| Balance sheet total | € 1,900,110 | € 2,166,005 | ▲ 14% |
Key figures of FINEL, fiscal years 2024 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 FINEL?
What happened at FINEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 204,455 (▲ 123% vs 2024). Source: NBB ↗
- New establishment in Malmedy. KBO
- Start of the company according to the CBE. KBO
- Charles NELLES became a director. NBB
In short
From € 91,850 profit in 2024 to € 204,455 profit in 2025.
Paid € 109,755 in corporate taxes since 2024.
Best year ever: 2025, with € 204,455 profit.
Paid out € 217,000 in dividends to the owners in total.
Management
Behind FINEL are Sylvie HEINRICHS and Charles NELLES. It owns 51% of NELLES FRERES itself.
Directors
According to the 2025 annual accounts
Charles NELLES
Managing director
Also active at: NELLES FRERES, BETON NELLES RECYCLAGE, RESIDENCE, NELLES RECYCLAGE, J.M.M.J., Foncière des Fagnes, ALEXANDRE IMMO, HOLLOGNE DEVELOPPEMENT
since 2024
Establishments
Establishment units
Physical locations of this company
Xhoffraix-Au-dessus des Trous 2
4960 Malmedy
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 1004.268.318
- VAT number
- BE 1004.268.318
- Registered office
- Xhoffraix-Au-dessus des Trous 2, 4960 Malmedy
- Names & denominations
- FINEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 January 2024
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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