Finnlayprojects (0827.046.051): financials and annual accounts

Finnlayprojects

Antwerp ·KBO/BCE: BE 0827.046.051

Line	2025	2024	2023	2022	2021	2020	2019	2018	2012
Balance sheet: assets
Total assets`20/58`	307,491	294,474	495,544	373,732	355,623	444,680	424,552	391,260	549,965
Fixed assets`21/28`	76,798	106,009	130,488	44,070	23,167	24,852	26,721	2,102	380,783
Tangible fixed assets`22/27`	72,788	101,999	126,478	40,060	19,157	20,842	26,711	2,102	380,783
Land and buildings`22`	3,183	2,306	2,685	3,065	3,445	-	-	-	365,038
Furniture and vehicles`24`	11,902	20,344	22,797	30,599	2,920	1,654	1,127	2,102	15,745
Leasing and similar rights`25`	57,703	79,349	100,996	6,396	12,792	-	-	-	-
Financial fixed assets`28`	4,010	4,010	4,010	4,010	4,010	4,010	10	-	-
Current assets`29/58`	230,694	188,464	365,056	329,662	332,455	419,828	397,831	389,158	169,182
Amounts receivable within one year`40/41`	200,152	152,418	52,560	54,555	50,985	4,074	24,976	16,335	65,453
Trade receivables`40`	23,741	47,104	49,869	52,457	34,436	0	16,335	16,335	23,083
Other amounts receivable`41`	176,411	105,315	2,691	2,098	16,549	4,074	8,641	-	42,370
Current investments`50/53`	-	0	251,159	218,052	224,071	402,055	353,117	315,253	-
Cash at bank and in hand`54/58`	22,187	32,327	56,494	53,777	55,164	10,815	16,674	56,282	103,729
Deferred charges and accrued income`490/1`	8,354	3,719	4,844	3,277	2,235	2,884	3,064	1,288	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	307,491	294,474	495,544	373,732	355,623	444,680	424,552	391,260	549,965
Equity`10/15`	147,816	117,046	16,376	-27,975	81,782	134,090	90,119	33,749	-7,465
Contributions`10/11`	1,000	1,000	1,000	1,000	101,000	101,000	101,000	101,000	1,000
Issued capital`100`	-	-	-	-	-	-	101,000	101,000	1,000
Reserves`13`	146,816	116,046	15,376	-	-	-	-	-	-
Tax-exempt reserves`132`	52,625	52,625	-	-	-	-	-	-	-
Distributable reserves`133`	94,191	63,421	15,376	-	-	-	-	-	-
Profit (loss) carried forward`14`	-	-	0	-28,975	-19,218	33,090	-10,881	-67,251	-8,465
Provisions and deferred taxes`16`	-	-	-	-	-	-	-	-	99,418
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	-	-	99,418
Amounts payable`17/49`	159,675	177,427	479,169	401,706	273,841	310,590	334,433	357,511	458,012
Amounts payable after more than one year`17`	20,813	39,144	56,643	114,878	112,222	147,564	210,221	225,066	417,804
Financial debts`170/4`	20,813	39,144	56,643	114,878	112,222	147,564	210,221	225,066	417,804
Amounts payable within one year`42/48`	134,057	132,941	422,057	283,362	158,884	163,027	115,363	122,829	40,208
Current portion of amounts payable after more than one year`42`	18,332	17,499	16,704	0	5,725	7,562	7,482	-	1,470
Financial debts`43`	4,406	1,222	84,627	1,261	29,064	26,326	-	-	-
Credit institutions`430/8`	4,406	1,222	84,627	1,261	29,064	26,326	-	-	-
Trade debts`44`	1,132	9,925	3,400	2,903	5,922	6,992	1,703	3,755	30,547
Suppliers`440/4`	1,132	9,925	3,400	2,903	5,922	6,992	1,703	3,755	30,547
Taxes, remuneration and social security`45`	5,616	22,193	2,404	5,221	6,356	11,225	8,384	13,417	5,391
Taxes`450/3`	5,616	22,193	2,404	5,221	6,356	11,225	8,384	13,417	5,391
Other amounts payable`47/48`	104,572	82,103	314,922	273,977	111,816	110,922	97,794	105,657	2,800
Accrued charges and deferred income`492/3`	4,805	5,342	469	3,467	2,735	0	8,850	9,616	-
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	273,000
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	21,343
Gross operating margin`9900`	82,792	153,726	86,733	24,980	-32,657	22,098	53,896	56,012	136,345
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	147,230
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	30,558	30,029	21,812	13,179	7,761	7,009	9,053	696	64,662
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	-	99,418
Other operating charges`640/8`	677	10,086	4,334	7,891	2,381	2,642	4,641	3,585	1,447
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	52,025	-
Operating profit (loss)`9901`	51,557	113,611	60,586	3,910	-42,798	12,447	40,202	-294	-29,183
Financial income`75/76B`	4,820	32,149	15,637	43	2,403	48,134	2,613	-	3,380
Recurring financial income`75`	4,820	32,149	15,637	43	2,403	48,134	2,613	-	3,380
Financial charges`65/66B`	8,322	11,846	9,944	11,245	9,704	12,000	-21,931	56,910	3,996
Recurring financial charges`65`	8,322	11,846	9,944	11,245	9,704	12,000	-21,931	56,910	3,996
Profit (loss) for the period before taxes`9903`	48,055	133,915	66,280	-7,292	-50,099	48,581	64,747	-57,204	-8,456
Income taxes`67/77`	17,285	33,245	21,930	2,464	2,209	4,610	8,376	2,507	9
Profit (loss) for the period`9904`	30,770	100,670	44,350	-9,756	-52,308	43,970	56,370	-59,711	-8,465
Transfer to tax-exempt reserves`689`	0	52,625	-	-	-	-	-	-	-
Profit (loss) for the period to be appropriated`9905`	30,770	48,045	44,350	-9,756	-52,308	43,970	56,370	-59,711	-8,465
Appropriation of the result
Profit (loss) to be appropriated`9906`	30,770	48,045	15,376	-28,975	-19,218	33,090	-10,881	-67,251	-8,465
Profit (loss) brought forward from the previous period`14P`	-	0	-28,975	-19,218	33,090	-	-	-	-
Transfer to equity`691/2`	30,770	48,045	15,376	-	-	-	-	-	-
To other reserves`6921`	30,770	48,045	15,376	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	30-07-2026	2026-00356080	PDF
31-12-2024	micro format	17-07-2025	2025-00279855	PDF
31-12-2023	micro format	22-07-2024	2024-00268389	PDF
31-12-2022	micro format	30-06-2023	2023-00196536	PDF
31-12-2021	micro format	09-08-2022	2022-20278139	PDF
31-12-2020	micro format	31-08-2021	2021-62900469	PDF
31-12-2019	micro format	03-07-2020	2020-25900246	PDF
31-12-2018	micro format	29-10-2019	2019-72300117	PDF
31-03-2012	abbreviated format	01-02-2013	2013-02600255	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2012
EBITDA	82,115	143,640	82,399	17,089	-35,037	19,456	49,255	402	35,479
Cash flow	61,329	130,699	66,163	3,422	-44,547	50,980	65,423	-59,015	56,197
Investment in fixed assets	1,347	6,436	108,231	34,081	6,076	5,140	33,673	-	445,445
Change in cash	-10,140	-24,167	2,716	-1,387	44,349	-5,859	-39,608	-	-
Working capital	96,637	55,523	-57,000	46,300	173,571	256,802	282,468	266,329	128,974
EBIT margin	-	-	-	-	-	-	-	-	-10.7%
Solvency	48.1%	39.7%	3.3%	-7.5%	23.0%	30.2%	21.2%	8.6%	-1.4%
Current ratio	1.72	1.42	0.86	1.16	2.09	2.58	3.45	3.17	4.21
Debt to equity	1.08	1.52	29.26	-	3.35	2.32	3.71	10.59	-
ROE	20.8%	86.0%	270.8%	-	-64.0%	32.8%	62.6%	-176.9%	-
ROA	10.0%	34.2%	8.9%	-2.6%	-14.7%	9.9%	13.3%	-15.3%	-1.5%
Interest coverage	9.87	12.13	8.29	1.52	-3.61	-	-	-	-
Customer credit	-	-	-	-	-	-	-	-	31 days
Supplier credit	-	-	-	-	-	-	-	-	76 days

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€1,347	€6,436	€108,231	€34,081	€6,076
Depreciation and write-downs of the year	€30,558	€30,029	€21,812	€13,179	€7,761

Finnlayprojects

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency48.1%

Current ratio1.72

Return on assets10.0%

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2023, 1 entry, €1,398 awarded, €1,398 paid

Key figures and ratios

Investments

Insights on Finnlayprojects

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