Skip to content

FINCO

Absorbed by ETABLISSEMENTEN FRANZ COLRUYT KBO/BCE: BE 0429.127.109

Lifetime

15 annual accounts with figures on one time axis, 36 filings since 1987
peak €4.98bn (2023)
€4.98bn▲ 18.8%
peak €68.7m (2022)
€33.9m▼ 50.7%
peak €2.40bn (2023)
€2.40bn▲ 6.4%
€2.58bn▲ 33.3%
peak 186.1 FTE (2009)
8.1 FTE▼ 39.6%
Board8 names since 2017
5 directorsJef Colruyt and 4 others
Owners4 names in the annual accounts
Documentsfilings and deeds
02-10-2024155 days late
2023financial year
Turnover from €1.8m to €925,085Result from €68.7m to €33.9mStaff from 13.4 FTE to 8.1 FTEMerger proposal: to be absorbed by ETABLISSEMENTEN FRANZ COLRUYT 24-08Merger proposal: to be absorbed by ETABLISSEMENTEN FRANZ COLRUYT 24-08Debts from €1.94bn to €2.58bn

Key points

from the 2023 annual accounts, the last ones filed

Staff

8.1 FTE from 186.1 in 2009

Between 2009 and 2023, 96% of the full-time equivalents disappeared.

Payment terms

212 days to suppliers
Suppliers
828 to 212
Customers
61 to 67

FINCO pays its suppliers 616 days earlier than in 2022. Customers pay 6 days later.

Filings

36 annual accounts 37 filings since 1987
deadline1990200020102020

The 2023 accounts came 155 days late. The other nine of the last ten were filed on time.

No score

Board and ownership

SV
Director
JW
Director
SG
Director
JC
Director
KC
Director
Board & ownership

Recent changes

Merger: absorbed by Etablissementen Franz Colruyt Board meeting of 30-09-2023 · Gazette deed
Merger proposal: to be absorbed by ETABLISSEMENTEN FRANZ COLRUYT ETABLISSEMENTEN FRANZ COLRUYT holds 100% of the shares · Gazette deed
2 directors appointed, 1 resignation Resignation: Marc HOFMAN · Appointments: Jo WILLEMYNS and Stefan GOETHAERT · General meeting of 11-07-2022 · Gazette deed
Appointment: Stefaan Vandamme (director) Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor) · General meeting of 16-09-2019 · Gazette deed
All 52 events

Official details

Source: KBO
Status
Absorbed by ETABLISSEMENTEN FRANZ COLRUYTmerger by absorption, October 2023
Activity
“Die Zentralisierung der Finanzoperationen und die Deckung Risiken,die sich aus Wechselkursschwankungen ergeben;” (deed in German)From the articles, 9 activitiesNo NACE code in the KBO yet
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 31-03-2023
Financial year end
30 September
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 30-09-2023

€4.98bn▲ 7.2%
Filing
Filed on 02-10-2024
Financials

Insights on FINCO

Absorbed by ETABLISSEMENTEN FRANZ COLRUYT in October 2023. The last annual accounts are for financial year 2023. The company was dissolved without liquidation.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FINCO

What is the company number of FINCO?
The company number of FINCO is 0429.127.109. The VAT number is the same number with BE in front: BE 0429.127.109.
What is the legal form of FINCO?
Legal form of FINCO: NV.
Is FINCO still active?
No. FINCO is inactive in the KBO register.Company details
How many employees did FINCO have?
FINCO had an average of 8.1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does FINCO fall under?
In its 31-03-2023 annual accounts, FINCO states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of FINCO?
The turnover of FINCO was €925,085 in financial year 2023, according to the filed annual accounts.
Is FINCO profitable?
In financial year 2023, FINCO made a profit of €33.9m.
Where can I find the annual accounts of FINCO?
FINCO filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

Next steps

Keep this company with today's facts in a case file.