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FINIPAN

Active
Oostlaan 4 ·8560 Wevelgem, Belgium
KBO/BCE: BE 0435.178.226
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Age37 yrs
Board3
Real estate1 parcel · 4,000 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of FINIPAN is 0.4% (very low). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.

Based on State Gazette and CBE data.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 10 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 23-06-2025 38 d early 2025-00176173
31-12-2023 31-07-2024 26-06-2024 35 d early 2024-00171912
31-12-2022 31-07-2023 27-04-2023 95 d early 2023-00068774
31-12-2021 31-07-2022 30-05-2022 62 d early 2022-20040605
31-12-2020 31-07-2021 29-06-2021 32 d early 2021-28300017
31-12-2019 31-07-2020 25-06-2020 36 d early 2020-20600240
31-12-2018 31-07-2019 25-06-2019 36 d early 2019-23300006
31-12-2017 31-07-2018 23-06-2018 38 d early 2018-23200094
31-12-2016 31-07-2017 12-07-2017 19 d early 2017-31400585
31-12-2015 31-07-2016 30-08-2016 30 d late 2016-54300457

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Long-established
Founded in 1988, 37 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.4% Very low
0%0,5%1,5%4%10%≥25%
Long track record −Lower-risk legal form −Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Annual accounts & ratios

Source: NBB
Financials being processed
NBB has 10 filing(s) on record for this company, latest fiscal year 2024 (verkort). The annual accounts are being processed.
Filings on record
Fiscal year Type Filed Reference
31-12-2024 verkort 23-06-2025 2025-00176173
31-12-2023 verkort 26-06-2024 2024-00171912
31-12-2022 verkort 27-04-2023 2023-00068774
31-12-2021 verkort 30-05-2022 2022-20040605
31-12-2020 verkort 29-06-2021 2021-28300017
31-12-2019 verkort 25-06-2020 2020-20600240
31-12-2018 verkort 25-06-2019 2019-23300006
31-12-2017 verkort 23-06-2018 2018-23200094
31-12-2016 verkort 12-07-2017 2017-31400585
31-12-2015 volledig 30-08-2016 2016-54300457

Directors

Directors & mandates

5 directors
Current directors & mandates
  • BV "DEVAX"Legal entity
    Director· perm. rep.: Axel DEVOS
    State Gazette act 25114524 (10-09-2025)
    Current
    01-07-2025 → present
  • BV "SEASTAR CAPITAL"Legal entity
    Director· perm. rep.: Michael Van Cauwenberge
    State Gazette act 25114524 (10-09-2025)
    Current
    01-07-2025 → present
  • INTERNATIONAL WOOD HOLDINGLegal entity
    Director· perm. rep.: Joost Van Cauwerberge
    State Gazette act 24108931 (18-07-2024)
    Current
    18-07-2024 → present
Former directors (2)
  • Michael Van Cauwenberge
    Director
    State Gazette act 25114524 (10-09-2025)
    Former
    - → 01-07-2025
  • 2ADVISELegal entity
    Director
    State Gazette act 24108931 (18-07-2024)
    Former
    - → 28-06-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Handelsbemiddeling in de groothandel in hout en bouwmaterialen(46130)
Legal form Public limited company(014)
Incorporation02-09-1988
StatusActive
Postal code8560

Structure & network

Locations & real estate

Establishment units

1 location
Oostlaan 4, 8560 Wevelgem
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
since 19882.040.372.432
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area4,000 m²
Buildings1
Building footprint1,106 m²
Volume (LiDAR)1,667 m³
Tallest building7.3 m

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34012A0360/00C000 Flanders 4,000 m² 1 · 1,105 m² 7.3 m
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

3 acts
Address history · 1
23-06-2025
Registered-office move
All acts · 3 updated 11 months ago
2025
10-09-2025 3 directors appointed, 2 resigning Director changes·Orinn Vijnckecorrection
  • Michael Van Cauwenberge, Bestuurder
  • Axel DEVOS, Bestuurder
  • Bart Allossery, Dagelijks bestuur
  • Bart Allossery, Vaste vertegenwoordiger
  • Michael Van Cauwenberge, Bestuurder
Notary: Orinn Vijncke
23-06-2025 Registered office moved from ZOTTEGEM to GULLEGEM Registered-office change
  • 9620 ZOTTEGEM, Hospitaalstraat 2, bus 3 → 8560 GULLEGEM, Oostlaan 4
2024
18-07-2024 1 director appointed, 1 resigning Director changes
  • Joost Van Cauwerberge, Bestuurder
  • 2ADVISE, Bestuurder

Analysis

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Vervaardiging van fineer en van panelen op basis van hout16210Vervaardiging van fineer en van panelen op basis van hout16210Vervaardiging van panelen en platen van hout20200Handelsbemiddeling in hout en bouwmaterialen46130Handelsbemiddeling in de groothandel in hout en bouwmaterialen46130Groothandel in hout46732Groothandel in hout46832Activiteiten van hoofdkantoren70100Activiteiten van hoofdkantoren70100Reclamebureaus73110Activiteiten van reclamebureaus73110
Primary activity highlighted.
Names & trade names
Legal nameNL FINIPAN
Registered office
Oostlaan 4
8560 Wevelgem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.