Summary
FINGAS has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €7.5m and a net result of €362,666. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 85% of 8782 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-12-2025, 136 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
136 d early
2024
160 d early
2023
169 d early
2022
128 d early
2021
110 d early
2020
130 d early
2019
129 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 137 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 15 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0
Total assets
€8.5m▲ 11.8%
2024 · €7.6m
Net result
€362,666▲ 0.9%
2024 · €359,501
Working capital
€156,630▼ 62.9%
2024 · €421,822
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€43,733€395,808▲ 805%€125,429▼ 68.3%€519,435▲ 314%€524,605▲ 1.0%
Net result€31,841within the sector's middle half€270,920above the sector's middle half▲ 751%€87,124within the sector's middle half▼ 67.8%€359,501above the sector's middle half▲ 313%€362,666above the sector's middle half▲ 0.9%
Equity€6.8mabove the sector's middle half▲ 0.5%€7.1mabove the sector's middle half▲ 3.2%€7.1mabove the sector's middle half▲ 1.2%€7.4mabove the sector's middle half▲ 3.1%€7.5mabove the sector's middle half▲ 2.6%
Total assets€6.9mabove the sector's middle half▲ 0.1%€7.3mabove the sector's middle half▲ 5.4%€7.3mabove the sector's middle half▲ 0.3%€7.6mabove the sector's middle half▲ 3.6%€8.5mabove the sector's middle half▲ 11.8%
Debt€101,255▼ 20.8%€257,513▲ 154%€188,848▼ 26.7%€229,864▲ 21.7%€935,396▲ 307%
Working capital€352,300within the sector's middle half▲ 234%€42,859within the sector's middle half▼ 87.8%€169,788within the sector's middle half▲ 296%€421,822within the sector's middle half▲ 148%€156,630within the sector's middle half▼ 62.9%
Solvency98.5%above the sector's middle half▲ 0.4pp96.5%above the sector's middle half▼ 2.1pp97.4%above the sector's middle half▲ 0.9pp97.0%above the sector's middle half▼ 0.5pp89.0%above the sector's middle half▼ 8.0pp
Current ratio5.12above the sector's middle half▲ 3.151.17within the sector's middle half▼ 3.951.93within the sector's middle half▲ 0.763.71within the sector's middle half▲ 1.771.40within the sector's middle half▼ 2.31
Return on assets (ROA)0.5%within the sector's middle half▲ 0.8pp3.7%within the sector's middle half▲ 3.2pp1.2%within the sector's middle half▼ 2.5pp4.7%within the sector's middle half▲ 3.5pp4.3%within the sector's middle half▼ 0.5pp
Staff (FTE)3.4within the sector's middle half▼ 15.0%2.4within the sector's middle half▼ 29.4%2.4within the sector's middle half=0within the sector's middle half▼ 100%2.4above the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.5m
Fixed assets
€7.9m ▲ 13.2%
Current assets
€546,604 ▼ 5.4%
Equity and liabilities €8.5m
Equity
€7.5m ▲ 2.6%
Debt
€935,396 ▲ 307%
Debt's share of the balance-sheet total rises from 3.0% to 11.0%. Equity and debt are higher.
Key figures and ratios
ROE
4.8%▼
2024 · 4.9%
Debt ≤ 1 year
€389,974▲
2024 · €155,757
Debt > 1 year
€541,672▲
2024 · €70,357
Income taxes
€172,832▲
2024 · €168,166
Staff costs
€267,043▲
2024 · €266,040
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,930 | €19,347 | ▲ 560% |
| Remuneration, social security and pensions62 | - | €245,277 | €253,769 | €266,040 | €267,043 | ▲ 0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,104 | €15,591 | €22,256 | €31,390 | €37,835 | ▲ 20.5% |
| Other operating charges640/8 | - | €2,656 | €3,400 | €3,024 | €3,016 | ▼ 0.2% |
| Non-recurring operating charges66A | - | - | - | €2,607 | €0 | ▼ 100% |
| Gross operating margin9900 | €332,218 | €659,332 | €404,854 | €822,497 | €832,499 | ▲ 1.2% |
| Operating profit (loss)9901 | €43,733 | €395,808 | €125,429 | €519,435 | €524,605 | ▲ 1.0% |
| Financial income75/76B | - | €6,035 | €6,567 | €11,528 | €18,420 | ▲ 59.8% |
| Recurring financial income75 | €2,407 | €6,035 | €6,567 | €11,528 | €18,420 | ▲ 59.8% |
| Financial charges65/66B | - | €1,495 | €673 | €3,296 | €7,527 | ▲ 128% |
| Recurring financial charges65 | €1,336 | €1,495 | €673 | €3,296 | €7,527 | ▲ 128% |
| Profit (loss) for the period before taxes9903 | €44,804 | €400,348 | €131,323 | €527,667 | €535,498 | ▲ 1.5% |
| Income taxes67/77 | €12,963 | €129,427 | €44,199 | €168,166 | €172,832 | ▲ 2.8% |
| Profit (loss) for the period9904 | €31,841 | €270,920 | €87,124 | €359,501 | €362,666 | ▲ 0.9% |
| Profit (loss) for the period to be appropriated9905 | €31,841 | €270,920 | €87,124 | €359,501 | €362,666 | ▲ 0.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.9m | €7.3m | €7.3m | €7.6m | €8.5m | ▲ 11.8% |
| Fixed assets21/28 | €6.5m | €7.0m | €7.0m | €7.0m | €7.9m | ▲ 13.2% |
| Intangible fixed assets21 | €4,160 | €2,340 | €520 | €0 | - | - |
| Tangible fixed assets22/27 | €40,172 | €34,104 | €24,182 | €116,092 | €179,544 | ▲ 54.7% |
| Furniture and vehicles24 | - | €34,104 | €24,182 | €116,092 | €179,544 | ▲ 54.7% |
| Financial fixed assets28 | €6.5m | €7.0m | €7.0m | €6.9m | €7.8m | ▲ 12.5% |
| Current assets29/58 | €437,767 | €289,428 | €351,598 | €577,580 | €546,604 | ▼ 5.4% |
| Amounts receivable within one year40/41 | €26,500 | €168,702 | €152,082 | €126,678 | €70,407 | ▼ 44.4% |
| Trade receivables40 | - | €64,130 | €70,180 | €39,930 | €12,100 | ▼ 69.7% |
| Other amounts receivable41 | - | €104,572 | €81,902 | €86,748 | €58,307 | ▼ 32.8% |
| Current investments50/53 | - | - | - | €300,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €404,964 | €118,436 | €197,750 | €148,496 | €472,525 | ▲ 218% |
| Deferred charges and accrued income490/1 | - | €2,290 | €1,766 | €2,406 | €3,673 | ▲ 52.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.9m | €7.3m | €7.3m | €7.6m | €8.5m | ▲ 11.8% |
| Equity10/15 | €6.8m | €7.1m | €7.1m | €7.4m | €7.5m | ▲ 2.6% |
| Contributions10/11 | €3.7m | €3.7m | €3.7m | €3.7m | €3.7m | = |
| Capital10 | - | €3.7m | €3.7m | €3.7m | €3.7m | = |
| Issued capital100 | - | €3.7m | €3.7m | €3.7m | €3.7m | = |
| Reserves13 | €3.2m | €3.4m | €3.5m | €3.7m | €3.9m | ▲ 5.1% |
| Non-distributable reserves130/1 | - | €365,000 | €365,000 | €365,000 | €365,000 | = |
| Legal reserve130 | - | €365,000 | €365,000 | €365,000 | €365,000 | = |
| Tax-exempt reserves132 | - | €173 | €173 | €173 | €173 | = |
| Distributable reserves133 | - | €3.0m | €3.1m | €3.3m | €3.5m | ▲ 5.6% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €101,255 | €257,513 | €188,848 | €229,864 | €935,396 | ▲ 307% |
| Amounts payable after more than one year17 | €11,060 | €7,194 | €3,287 | €70,357 | €541,672 | ▲ 670% |
| Financial debts170/4 | - | €7,194 | €3,287 | €70,357 | €541,672 | ▲ 670% |
| Amounts payable within one year42/48 | €85,468 | €246,569 | €181,810 | €155,757 | €389,974 | ▲ 150% |
| Current portion of amounts payable after more than one year42 | - | €3,866 | €3,907 | €20,107 | €142,737 | ▲ 610% |
| Trade debts44 | €12,860 | €16,997 | €22,273 | €5,942 | €1,874 | ▼ 68.5% |
| Suppliers440/4 | - | €16,997 | €22,273 | €5,942 | €1,874 | ▼ 68.5% |
| Taxes, remuneration and social security45 | - | €91,419 | €84,654 | €129,709 | €128,641 | ▼ 0.8% |
| Taxes450/3 | - | €57,047 | €46,018 | €84,201 | €74,188 | ▼ 11.9% |
| Remuneration and social security454/9 | - | €34,371 | €38,636 | €45,508 | €54,453 | ▲ 19.7% |
| Other amounts payable47/48 | - | €134,287 | €70,977 | €0 | €116,723 | - |
| Accrued charges and deferred income492/3 | - | €3,750 | €3,750 | €3,750 | €3,750 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,841 | €270,920 | €87,124 | €359,501 | €362,666 | ▲ 0.9% |
| + Depreciation and write-downs630 | €12,104 | €15,591 | €22,256 | €31,390 | €37,835 | ▲ 20.5% |
| Operating cash flow (approximation) | €43,945 | €286,511 | €109,381 | €390,891 | €400,502 | ▲ 2.5% |
| Investment in fixed assets (approximation) | - | -€538,549 | €21,455 | -€66,817 | -€962,111 | ▼ 1,340% |
| Change in cash | - | -€286,528 | €79,313 | -€49,254 | €324,029 | ▲ 758% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-08
State Gazette act
Merger · Corporate purpose
Permanent representative · Director in office
11-08
State Gazette act
Merger · Corporate purpose
Permanent representative · Director in office
2025
15-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-09
Financial
Highest result since 2018net €362,666 ▲0.9%
Operating result €524,605, net result €362,666, both a record.
2024
21-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
13-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
10-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €31,841
Net result €31,841 after one loss-making year.
30-09
Financial
Liquidity triplescurrent ratio 5.12
Current ratio from 1.98 to 5.12; short-term debt falls from €108,249 to €85,468.
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-09
Financial
Weakest financial yearnet -€23,514
Net result drops to -€23,514, the lowest in the series; recovery starts the following year.
Show earlier events
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
30-09
Financial
Liquidity doublescurrent ratio 2.34
Current ratio from 1.05 to 2.34.
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1992
Ground area
1,374 m²
Building footprint
376 m²
Volume, LiDAR
2,277 m³
Parcel 44813T0225/00A000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
FINGAS NV
since 19922.055.973.693
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44813T0225/00A000 | Flanders | 1,374 m² | 1 · 376 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
3 holdingsOwners 0
The accounts to 30-09-2025 list no shareholders, and no other source names one.
Holdings 3
-
100%
-
100%
-
100%
According to the annual accounts to 30-09-2025 of FINGAS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 8,423 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-12-1991
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446241867
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationExtraordinary general meeting
1. Verslaggeving door