FINANCIERE GAEL
InactiveInactive; last annual accounts for fiscal year 2025.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
4 d late
2023
26 d late
2022
13 d late
2021
14 d late
2020
22 d late
2019
14 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2.69M▲ 1,610%
2024 · €158k
2019: €93k
2020: €100k
2021: €109k
2022: €882k
2023: €1.87M
2024: €158k
2019 → 2025
Working capital
€15.36M▲ 26.5%
2024 · €12.14M
2019: €8.61M
2020: €8.74M
2021: €8.85M
2022: €9.77M
2023: €11.96M
2024: €12.14M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10.57M-€11.45M▲ 8.3%€13.32M▲ 16.3%€13.48M▲ 1.2%€16.18M▲ 20.0%
Operating result€-8k-€-8k▼ 4.8%€121k€-5k€502k
Net result€109k-€882k▲ 712%€1.87M▲ 112%€158k▼ 91.6%€2.69M▲ 1,610%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €502k after a loss of €5k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.42M
Fixed assets
€818k ▼ 39.1%
Current assets
€15.60M ▲ 27.4%
Equity and liabilities €16.42M
Equity
€16.18M ▲ 20.0%
Debt
€244k ▲ 137%
Debt's share of the balance-sheet total rises from 0.8% to 1.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€513k▲
2024 · €24k
Cash flow
€2.71M▲
2024 · €187k
Current ratio
64.93
Debt to equity
0.02▲
2024 · 0.01
ROE
16.7%▲
2024 · 1.2%
ROA
16.4%▲
2024 · 1.2%
Interest coverage
497.64▲
2024 · 34.98
Debt ≤ 1 year
€240k▲
2024 · €98k
Income taxes
€210k▲
2024 · €62k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€13.58M€16.42M▲
Fixed assets21/28€1.34M€818k▼
Intangible fixed assets21€35k€23k▼
Tangible fixed assets22/27€500k-
Land and buildings22€500k-
Financial fixed assets28€809k€795k▼
Current assets29/58€12.24M€15.60M▲
Amounts receivable after more than one year29€4.00M€4.00M=
Other amounts receivable291€4.00M€4.00M=
Amounts receivable within one year40/41€77k€4.32M▲
Other amounts receivable41€77k€4.32M▲
Current investments50/53€6.00M€4.40M▼
Cash at bank and in hand54/58€55k€2.30M▲
Deferred charges and accrued income490/1€2.11M€577k▼
Equity and liabilities
Total equity and liabilities10/49€13.58M€16.42M▲
Equity10/15€13.48M€16.18M▲
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Revaluation surpluses12€761k€761k=
Reserves13€12.66M€15.35M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€12.65M€15.35M▲
Amounts payable17/49€103k€244k▲
Amounts payable within one year42/48€98k€240k▲
Trade debts44€3k-
Suppliers440/4€3k-
Taxes, remuneration and social security45€92k€240k▲
Taxes450/3€92k€240k▲
Other amounts payable47/48€3k-
Accrued charges and deferred income492/3€5k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€12k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€27k€515k▲
Operating profit (loss)9901€-5k€502k▲
Financial income75/76B€225k€2.40M▲
Recurring financial income75€225k€327k▲
Non-recurring financial income76B-€2.08M
Financial charges65/66B€687€1k▲
Recurring financial charges65€687€1k▲
Profit (loss) for the period before taxes9903€219k€2.90M▲
Income taxes67/77€62k€210k▲
Profit (loss) for the period9904€158k€2.69M▲
Profit (loss) for the period to be appropriated9905€158k€2.69M▲
Appropriation of the result
Profit (loss) to be appropriated9906€158k€2.69M▲
Transfer to equity691/2€158k€2.69M▲
To other reserves6921€158k€2.69M▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
28-01
State Gazette act
RestructuringMerger · Accounting effect · Shareholding3 facts ▸
State Gazette act
Restructuring
Merger · Accounting effect · Shareholding3 facts ▸
- Merger, fusion par absorption
- Accounting effect, 01-07-2025
- Shareholding, 1250 actions
2025
30-06
Financial
Highest result since 2019net €2.69M ▲1610%
Operating result €502k, net result €2.69M, both a record.
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 4 days late
2024
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 26 days late
2023
13-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 13 days late
2022
14-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 14 days late
2021
22-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 22 days late
2020
14-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 14 days late
2019
12-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 12 days late
2018
21-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 21 days late
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:IM Holding