Equity
-€629,684 from €3.4m in 2020
Equity fell below zero in 2025.
FINEO
Lifetime
6 annual accounts with figures on one time axispeak -€1.5m (2023)
-not published
lowest -€13.6m (2020)
-€2.5m▼ €857,927
peak €3.4m (2020)
-€629,684▼ €2.6m
€10.6m▼ 6.0%
peak 20.4 FTE (2022)
-not published
Board9 names since 2019
2 directorsFrédéric Thys and 1 other
Owners
Documentsfilings and deeds
27-04-202634 days before the deadline
2025financial year
Turnover from €15.4m to €12.0mLoss of €2.5mMerger: absorbed by AGC GLASS EUROPE 30-12Merger proposal: to be absorbed by AGC Glass Europe SA 01-10Amendment of the articles 29-012 directors resigning 08-01
Key points
from the 2025 annual accounts, the last ones filedLosses
-€39.6m in six years
Every financial year from 2020 to 2025 closed with a loss. 2020 was the heaviest.
Debts
€10.6m 106% of the balance sheet
Financial debts 46%Suppliers 40%Taxes and wages 0%Other 14%
€6.4m of the debts are secured on the company's own assets. In 2021 that was €4.5m.
Investments
€124,264 0.1 × depreciation
Green is investment, beige is depreciation.
Payment terms
110 days to suppliers
FINEO pays its suppliers 22 days later than in 2024. Customers pay 8 days later.
Filings
6 annual accounts 2 late
The 2020 accounts came latest: 47 days after the end of the period.
No scoreNet result -52%: absorbed
Recent changes
Merger: absorbed by AGC GLASS EUROPE
Gazette deed
Merger proposal: to be absorbed by AGC Glass Europe SA
AGC Glass Europe SA holds all the shares · Gazette deed
Amendment of the articles
Contribution: AGC GLASS EUROPE (€22,348,748.17) · AGC GLASS EUROPE is a shareholder · Gazette deed
2 directors resigning
SPARAXIS SA and Jean-Pol Boone (independent director) · Permanent representative: Régis Vankerkove · Director discharge: SPARAXIS SA · Gazette deed
Official details
Source: KBO- Status
- Absorbed by AGC GLASS EUROPEmerger by absorption, December 2025
- Activity
- “La fabrication, le façonnage et la transformation du verre plat, la pose de vitres…” (deed in French)From the articles, 4 activitiesNo NACE code in the KBO yet
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 31-10-2025
- Financial year end
- 31 October
- Peppol
- Not found in the Peppol Directory
Insights on FINEO
Absorbed by AGC GLASS EUROPE in December 2025. The last annual accounts are for financial year 2025.
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 FINEO
- What is the company number of FINEO?
- The company number of FINEO is 0726.525.842. The VAT number is the same number with BE in front: BE 0726.525.842.
- What is the legal form of FINEO?
- Legal form of FINEO: SRL.
- Is FINEO still active?
- No. FINEO is inactive in the KBO register.Company details
- How many employees did FINEO have?
- FINEO had an average of 1.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does FINEO fall under?
- In its 31-10-2025 annual accounts, FINEO states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of FINEO?
- The turnover of FINEO was €12.0m in financial year 2025, according to the filed annual accounts.
- Is FINEO profitable?
- In financial year 2025, FINEO made a loss of €2.5m.
- Where can I find the annual accounts of FINEO?
- FINEO filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.