Finelac
ActiveSummary
Finelac has been active since 1943 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.2m and a net result of €548,134, of which €377,702 non-recurring income. Equity has been stable since 2018 (±2% per year). Its solvency ranks better than 95% of 562 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 15-01-1943 Normal situation
- Activity
- Growing of cereals (except rice), leguminous crops and oil seeds NACE 01110
- Establishment units
- 2.004.085.722 9230 Wetteren, since 01-12-1942
- 2.356.612.228 9403 Ninove, since 18-03-2024
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- Magda SchockaertManaging director
- Daisy Davignon-PyckeDirector · since 23-06-2025
- Gilain-Pycke CatherineDirector · since 23-06-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €490,518
- ▲ 353%
- Turnover
- ≈ €1.2m
- estimated
- Profit
- €548,134
- ▲ 838%
- Equity
- €7.2m
- ▲ 8.0%
- Total assets
- €7.3m
- ▲ 7.8%
Score breakdownlowers riskSize: total assets €7.3mFigures for financial year 2025 (filed on 07-07-2026)Equity €7.2m (99.0% of total assets)Sector: Crop and animal production, hunting and related service activities (NACE 01)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, small). It does better than 91% of them on solvency, 77% on liquidity, 72% on profitability and 52% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 27 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Reappointments: Magda Schockaert, C. Pycke and 2 othersAppointment: Magda Schockaert (afgevaardigd bestuurder)
- · Gazette deed Amendment of the articles
Comparable companies
These companies have the same main activity as Finelac: growing of cereals (except rice), leguminous crops and oil seeds (NACE 01110). They are comparable in size and age: total assets between €3.3m and €16m, founded between 1971 and 1981.
| Company | Total assets | Gross margin |
|---|---|---|
| Finelac Wetteren | €7.3m | €0.5m |
| FERME DE LA TOUR Estinnes | €5.7m | €0.4m |
| CHAPEAUVEAU EXPLOITATION Hélécine | €3.6m | €0.4m |
| La Fresnaye Beauvechain | €5.7m | €0.4m |
| Louwet Herstappe | €15.6m | €0.5m |
| LINARIA Ingelmunster | €3.3m | €0.7m |
| DE KRUISBERG Arendonk | €8.3m | €1.2m |
Key facts about Finelac
- What is the company number of Finelac?
- The company number of Finelac is 0400.173.104. The VAT number is the same number with BE in front: BE 0400.173.104.
- Where is Finelac based?
- The registered office is at Oudenhoek 36, 9230 Wetteren.Company details
- What does Finelac do?
- According to the KBO register, the main activity is growing of cereals (except rice), leguminous crops and oil seeds (NACE 01110).
- What is the legal form of Finelac?
- The legal form of Finelac is Public limited company (NV).
- When was Finelac founded?
- Finelac was founded on 15-01-1943.
- Is Finelac still active?
- Yes, Finelac is an active enterprise in the KBO register.
- How many employees does Finelac have?
- Finelac had an average of 0.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of Finelac?
- The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €490,518 and 30 comparable companies (NACE 01). It probably lies between €900,000 and €1.5m.
- Is Finelac profitable?
- In financial year 2025, Finelac made a profit of €548,134.
- Where can I find the annual accounts of Finelac?
- Finelac filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Finelac due?
- Finelac must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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