Summary
FAGRON is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €573.3m and a net result of €50.0m. Equity has been stable since 2018 (±1.2% per year). Its solvency ranks better than 84% of 3,032 sector peers (NACE 64, financial year 2025). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 03-07-2007 Normal situation
- Activity
- Activities of holding companies NACE 64210
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.164.470.074 9810 Nazareth-De Pinte, since 03-07-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 01-10-2025
Board and ownership
Board
- AHOK BVBAChair · permanent representative Koen Hoffman
- Ann DesenderChair
- Karin de JongDirector
Shareholders
- The Goldman Sachs Group, Inc.17.93%annual accounts 2025
- AOC Pharma sarl11%annual accounts 2025
- Mawer Investment Management Ltd.4.93%annual accounts 2025
- Holdings
- Shares in 6 companies including Fagron BV (NL) and FAGRON CAPITAL
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Profit
- €50.0m
- ▲ 47.0%
- Equity
- €573.3m
- ▲ 5.3%
- Total assets
- €606.0m
- ▲ 5.9%
- Employees on 31-12-2025
- 5
- ▲ 25.0%
Standalone figures, without subsidiaries
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
53 days early
2024
70 days early
2023
49 days early
2022
59 days early
2021
58 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 58 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Positive: Largest company by total assets in Nazareth-De Pinte, Finance and insurance sectorin the Checked rankings No. 1 View
- Board changedlatest change 09-06-2026 · 11 in office 4 joined · 2 left View
- Positive: 8 profitable years in a rowprofit 2025: €50.0m 8 years View
- Positive: Result rose in 2025from €34.0m to €50.0m ▲ 47.0% View
- Heads a groupcompanies controlled · known shareholders 44.47% 4 View
- Positive: Always filed on timeaccounts within the deadline every year 5 years View
Recent changes
- · Gazette deed Capital increase to €507,764,714.08
- · Gazette deed 2 directors appointed, 2 directors resigning, 4 reappointedResignations: Els Vandecandelaere LLC (independent director) and Klaus Röhrig (non-executive director) · Permanent representative: Els Vandecandelaere · Appointments: Ira Bindra (niet uitvoerend onafhankelijk bestuurder) and Philipp Klecka (non-executive director)
- · Gazette deed Capital increase to €507,462,601.84
Companies linked to FAGRON
Comparable companies
These companies have the same main activity as FAGRON: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €335m and €1bn, founded between 2004 and 2010.
| Company | Total assets | Turnover |
|---|---|---|
| FAGRON Nazareth-De Pinte | €606.0m | - |
| SAFFELBERG INVESTMENTS Pajottegem | €490.9m | €1.4m |
| ECONOCOM FINANCE Elsene | €948.1m | - |
| VP Capital Turnhout | €386.3m | €2.7m |
| VINCI ENERGIES BELGIUM Brussel | €362.8m | - |
| GHELAMCO GROUP Ieper | €1,004.8m | €1.3m |
| ODDO BHF BELGIUM Elsene | €335.0m | €78 |
Key facts about FAGRON
- What is the company number of FAGRON?
- The company number of FAGRON is 0890.535.026. The VAT number is the same number with BE in front: BE 0890.535.026.
- Where is FAGRON based?
- The registered office is at Venecoweg 20A, 9810 Nazareth-De Pinte.Company details
- What does FAGRON do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of FAGRON?
- The legal form of FAGRON is Public limited company (NV).
- When was FAGRON founded?
- FAGRON was founded on 03-07-2007.
- Is FAGRON still active?
- Yes, FAGRON is an active enterprise in the KBO register.
- How many employees does FAGRON have?
- FAGRON had an average of 4.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does FAGRON fall under?
- In its 2025 annual accounts, FAGRON states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of FAGRON?
- The annual accounts for financial year 2025 state no turnover.
- Is FAGRON profitable?
- In financial year 2025, FAGRON made a profit of €50.0m.
- Where can I find the annual accounts of FAGRON?
- FAGRON filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FAGRON due?
- FAGRON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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