F.A.B. (0435.825.849): financials and annual accounts

F.A.B.

Ixelles ·KBO/BCE: BE 0435.825.849

Line	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	18,663	19,456	21,326	21,900	20,556	29,371	34,509	36,210	19,913	46,940	54,116	63,055	38,434	37,887	38,918	37,843	51,298	83,496	95,586	121,719
Fixed assets`21/28`	5,726	5,868	6,088	6,117	9,494	13,123	15,959	19,386	6,472	7,269	5,675	5,675	1,563	3,423	4,469	4,553	10,483	18,441	26,738	38,773
Intangible fixed assets`21`	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tangible fixed assets`22/27`	51	193	413	442	3,819	7,448	10,284	13,711	797	1,594	-	-	174	533	3,079	3,163	9,093	17,051	25,398	37,433
Land and buildings`22`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,043	2,087	3,130	4,173	5,217	6,260
Plant, machinery and equipment`23`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,664	253	5,124	11,964	19,048	26,132
Furniture and vehicles`24`	51	193	413	442	3,819	7,448	10,284	13,711	797	1,594	-	-	174	533	372	823	839	913	1,133	476
Financial fixed assets`28`	5,675	5,675	5,675	5,675	5,675	5,675	5,675	5,675	5,675	5,675	5,675	5,675	1,390	2,890	1,390	1,390	1,390	1,390	1,340	1,340
Current assets`29/58`	12,937	13,588	15,238	15,783	11,062	16,248	18,550	16,824	13,441	39,671	48,441	57,380	36,870	34,464	34,449	33,291	40,815	65,056	68,848	82,946
Stocks and contracts in progress`3`	6,209	9,244	12,695	7,696	8,293	15,806	12,079	13,319	10,546	12,212	21,453	12,233	14,761	14,067	15,393	19,903	17,171	8,910	21,056	22,740
Stocks`30/36`	6,209	9,244	12,695	7,696	8,293	15,806	12,079	13,319	10,546	12,212	21,453	12,233	14,761	14,067	15,393	19,903	17,171	8,910	21,056	22,740
Amounts receivable within one year`40/41`	1,301	777	70	6,532	294	50	5,102	669	95	15,242	12,881	27,776	19,488	16,839	10,675	11,038	9,758	32,763	36,596	25,885
Trade receivables`40`	1,301	777	70	6,532	294	50	526	669	-	15,108	12,881	27,776	19,488	11,084	10,675	11,038	9,758	16,087	10,003	3,986
Other amounts receivable`41`	-	-	-	-	-	-	4,576	-	95	135	-	-	-	5,755	-	-	-	16,676	26,593	21,900
Cash at bank and in hand`54/58`	-	-	-	-	0	-	-	-	-	-	-	-	-	-	4,577	-	11,147	4,570	3,074	16,688
Deferred charges and accrued income`490/1`	5,428	3,567	2,474	1,556	2,475	392	1,370	2,836	2,801	12,216	14,108	17,371	2,621	3,558	3,804	2,350	2,740	18,813	8,122	17,633
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	18,663	19,456	21,326	21,900	20,556	29,371	34,509	36,210	19,913	46,940	54,116	63,055	38,434	37,887	38,918	37,843	51,298	83,496	95,586	121,719
Equity`10/15`	-77,204	-49,651	-22,826	-18,967	-15,187	-14,236	-11,166	-6,566	-30,566	-37,899	-40,368	-43,810	-36,775	-24,018	3,505	2,839	-3,051	6,393	8,578	65,491
Contributions`10/11`	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592
Issued capital`100`	-	-	-	-	-	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592
Reserves`13`	11,859	11,859	11,859	11,859	11,859	11,859	11,859	11,859	11,859	11,859	11,859	11,859	11,859	11,859	11,859	11,859	11,859	11,859	11,859	11,859
Non-distributable reserves`130/1`	-	-	1,859	1,859	1,859	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859
Reserves not available under the articles`1311`	-	-	1,859	1,859	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	11,859	11,859	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000
Profit (loss) carried forward`14`	-107,656	-80,103	-53,277	-49,418	-45,639	-44,687	-41,617	-37,017	-61,017	-68,350	-70,819	-74,261	-67,226	-54,469	-26,946	-27,612	-33,503	-24,058	-21,873	35,040
Amounts payable`17/49`	95,867	69,107	44,152	40,867	35,743	43,607	45,674	42,776	50,479	84,838	94,484	106,865	75,209	61,905	35,413	35,004	54,349	77,103	87,008	56,228
Amounts payable after more than one year`17`	40,182	18,899	2,643	3,742	5,437	8,040	5,219	9,608	13,239	41,000	45,000	45,000	47,500	34,500	28,500	11,350	-	3,796	11,108	18,627
Financial debts`170/4`	40,182	18,899	2,643	3,742	5,437	8,040	5,219	9,608	13,239	41,000	45,000	45,000	47,500	34,500	28,500	11,350	-	3,796	11,108	18,627
Amounts payable within one year`42/48`	55,376	50,200	41,235	36,851	30,061	31,293	40,301	30,384	36,947	43,838	47,109	61,865	27,709	27,405	6,913	23,654	54,349	73,307	75,900	37,346
Current portion of amounts payable after more than one year`42`	-	-	-	-	1,934	3,285	3,247	3,209	-	-	-	-	-	-	-	-	3,796	8,598	8,327	14,162
Financial debts`43`	31,515	32,533	19,530	16,408	16,058	16,583	26,684	13,804	18,284	24,321	23,963	27,849	14,009	19,785	-	15,745	28,091	27,773	20,885	-
Credit institutions`430/8`	31,515	32,533	19,530	16,408	16,058	16,583	26,684	13,804	18,284	24,321	23,963	27,849	14,009	19,785	-	15,745	28,091	27,773	20,885	-
Trade debts`44`	14,088	9,056	7,489	7,810	1,646	4,767	37	1,877	6,173	-	2,197	15,882	5,643	-	308	117	9,621	20,900	33,306	9,348
Suppliers`440/4`	14,088	9,056	7,489	7,810	1,646	4,767	37	1,877	6,173	-	2,197	15,882	5,643	-	308	117	9,621	20,900	33,306	9,348
Taxes, remuneration and social security`45`	9,772	8,611	14,216	12,633	10,423	6,658	10,334	11,494	12,490	16,659	17,169	16,643	7,824	6,585	6,144	7,791	5,284	16,036	13,382	13,836
Taxes`450/3`	9,772	8,611	12,416	11,333	10,423	6,658	10,334	9,694	12,490	13,896	15,281	16,211	5,063	5,434	4,151	5,015	2,525	11,851	11,342	5,340
Remuneration and social security`454/9`	-	-	1,800	1,300	-	-	-	1,800	-	2,763	1,888	432	2,761	1,151	1,993	2,776	2,759	4,186	2,040	8,496
Other amounts payable`47/48`	-	-	-	-	-	-	-	-	-	2,858	3,781	1,490	233	1,036	460	1	7,557	-	-	-
Accrued charges and deferred income`492/3`	309	8	274	274	246	4,274	154	2,785	293	-	2,375	-	-	-	-	-	-	-	-	255
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	-	-	240,025	270,857	267,856	283,956	319,328	307,001	-	-	-	-
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,700	-	48	18,813	-	-
Gross operating margin`9900`	-11,837	-17,173	6,064	17,127	9,953	9,122	6,654	34,692	37,902	35,750	25,563	21,205	7,474	7,004	27,594	25,350	40,122	17,049	-3,387	52,369
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	-	-	214,462	249,652	260,382	276,952	291,734	281,650	-	-	-	-
Remuneration, social security and pensions`62`	-	-	-	-	-	-	-	-	2,200	20,963	15,773	18,949	16,549	18,880	17,397	17,950	20,557	32,207	31,970	30,347
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	142	220	359	3,707	3,629	3,439	3,428	3,428	797	797	-	174	360	1,494	1,657	6,301	8,271	8,347	13,358	13,586
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	-	8,598	-984	-6,289	992	-3,789	7,456	-1,709	-7,477	6,005	-17,196	-1,339	2,498
Other operating charges`640/8`	8,652	3,232	2,375	9,336	1,921	2,866	1,666	2,103	11,199	5,564	1,589	2,920	1,475	1,956	6,017	1,408	5,453	1,044	1,122	1,624
Operating profit (loss)`9901`	-20,632	-20,625	3,330	4,084	4,403	2,816	1,561	29,161	15,107	9,410	14,490	-1,830	-7,120	-22,781	4,232	7,168	-163	-7,352	-48,498	4,314
Financial income`75/76B`	0	13	6	336	1	3	0	40	813	1	24	292	15	1	-	0	11	44	200	46
Recurring financial income`75`	0	13	6	336	1	3	0	40	813	1	24	292	15	1	-	0	11	44	200	46
Financial charges`65/66B`	6,780	6,074	5,754	6,261	5,238	5,773	5,987	5,083	8,451	6,888	11,019	5,443	5,651	4,744	5,266	6,278	9,340	8,690	9,192	3,941
Recurring financial charges`65`	6,780	6,074	5,754	6,261	5,238	5,773	5,987	5,083	8,451	6,888	11,019	5,443	5,651	4,744	5,266	6,278	9,340	8,690	9,192	3,941
Profit (loss) for the period before taxes`9903`	-27,412	-26,686	-2,419	-1,841	-834	-2,954	-4,426	24,119	7,469	2,523	3,496	-6,982	-12,757	-27,523	666	890	-9,445	2,815	-57,491	419
Income taxes`67/77`	141	140	1,441	1,939	117	116	174	119	136	54	54	53	0	-	-	-5,000	-	5,000	-577	-544
Profit (loss) for the period`9904`	-27,553	-26,825	-3,859	-3,780	-951	-3,070	-4,599	23,999	7,333	2,469	3,442	-7,035	-12,757	-27,523	666	5,890	-9,445	-2,185	-56,913	963
Profit (loss) for the period to be appropriated`9905`	-27,553	-26,825	-3,859	-3,780	-951	-3,070	-4,599	23,999	7,333	2,469	3,442	-7,035	-12,757	-27,523	666	5,890	-9,445	-2,185	-56,913	963
Appropriation of the result
Profit (loss) to be appropriated`9906`	-107,656	-80,103	-53,277	-49,418	-45,639	-44,687	-41,617	-37,017	-61,017	-68,350	-70,819	-74,261	-67,226	-54,469	-26,946	-27,612	-33,503	-24,058	-21,873	35,040
Profit (loss) brought forward from the previous period`14P`	-80,103	-53,277	-49,418	-45,639	-44,687	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	-	-	-	-	-	-	0.5	0.5	0.5	0.5	0.5	-	0.5	0.5	1.1	1.1	1.1
Hours worked`1013`	-	-	-	-	-	-	-	-	-	888	788	952	928	928	-	928	924	1,692	1,840	1,840
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Financial year	Type	Filed	Reference	Document
31-01-2026	micro format	27-08-2026	2026-00491151	PDF
31-01-2025	micro format	29-09-2025	2025-00517778	PDF
31-01-2024	micro format	16-10-2024	2024-00507817	PDF
31-01-2023	micro format	29-09-2023	2023-00472208	PDF
31-01-2022	micro format	31-10-2022	2022-20480885	PDF
31-01-2021	micro format	28-10-2021	2021-74400495	PDF
31-01-2020	micro format	30-11-2020	2020-74600328	PDF
31-01-2019	micro format	10-10-2019	2019-69600364	PDF
31-01-2018	micro format	27-09-2018	2018-67700554	PDF
31-01-2017	micro format	27-09-2017	2017-65100400	PDF
31-01-2016	full format	06-10-2016	2016-65100383	PDF
31-01-2015	full format	27-01-2016	2016-03500430	PDF
31-01-2014	full format	30-09-2014	2014-64100532	PDF
31-01-2013	full format	30-09-2013	2013-61000129	PDF
31-01-2012	full format	31-07-2012	2012-38700022	PDF
31-01-2011	full format	31-10-2011	2011-59000190	PDF
31-01-2010	full format	13-09-2010	2010-53900059	PDF
31-01-2009	full format	29-08-2009	2009-66700302	PDF
31-01-2008	full format	31-07-2008	2008-49900092	PDF
31-01-2007	full format	26-07-2007	2007-46300368	PDF
31-01-2006	full format	20-09-2006	2006-78800706	PDF
31-01-2005	full format	05-10-2005	2005-81301644	PDF
31-01-2004	full format	17-11-2004	2004-79404731	PDF
31-01-2003	full format	11-09-2003	2003-65804828	PDF
31-01-2002	full format	01-10-2002	2002-60000123	PDF
31-12-1999	full format	06-11-2000	2000-69804034	PDF
31-12-1998	full format	19-07-1999	1999-35200455	PDF
31-12-1997	full format	06-10-1998	1998-51204612	PDF
31-12-1996	full format	31-03-1998	1998-05602914	PDF
31-12-1995	full format	11-10-1996	1996-47603744	PDF
31-12-1994	full format	18-09-1995	1995-49902946	PDF
31-12-1993	full format	17-02-1995	1995-02701708	PDF
31-12-1992	full format	04-01-1995	1995-00400287	PDF
31-12-1991	full format	31-05-1994	1994-10304207	PDF
31-12-1990	full format	05-07-1991	1991-16201996	PDF
31-12-1989	full format	03-09-1990	1990-22900676	PDF

Line	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	-20,490	-20,405	3,689	7,791	8,032	6,256	4,988	32,589	15,904	10,208	-	-1,657	-6,761	-21,287	5,889	13,469	8,108	995	-35,140	17,900
Cash flow	-27,411	-26,605	-3,500	-73	2,678	369	-1,171	27,427	8,130	3,266	-	-6,861	-12,397	-26,029	2,323	12,191	-1,174	6,162	-43,556	14,549
Investment in fixed assets (approximation)	0	0	330	330	0	604	0	17,139	0	2,391	-	4,285	-1,500	2,021	1,573	370	313	50	1,322	22,332
Change in cash	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,576	1,497	-13,615	-
Working capital	-42,439	-36,612	-25,996	-21,068	-18,999	-15,045	-21,751	-13,560	-23,506	-4,168	1,332	-4,485	9,161	7,059	27,536	9,636	-13,535	-8,252	-7,052	45,600
EBIT margin	-	-	-	-	-	-	-	-	-	-	6.0%	-0.7%	-2.7%	-8.0%	1.3%	2.3%	-	-	-	-
Solvency	-413.7%	-255.2%	-107.0%	-86.6%	-73.9%	-48.5%	-32.4%	-18.1%	-153.5%	-80.7%	-74.6%	-69.5%	-95.7%	-63.4%	9.0%	7.5%	-5.9%	7.7%	9.0%	53.8%
Current ratio	0.23	0.27	0.37	0.43	0.37	0.52	0.46	0.55	0.36	0.90	1.03	0.93	1.33	1.26	4.98	1.41	0.75	0.89	0.91	2.22
Quick ratio	0.12	0.09	0.06	0.22	0.09	0.01	0.16	0.12	0.08	0.63	0.57	0.73	0.80	0.74	2.76	0.57	0.44	0.77	0.63	1.61
Debt to equity	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10.10	12.33	-	12.06	10.14	0.86
ROE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19.0%	207.5%	-	-34.2%	-663.5%	1.5%
ROA	-147.6%	-137.9%	-18.1%	-17.3%	-4.6%	-10.5%	-13.3%	66.3%	36.8%	5.3%	6.4%	-11.2%	-33.2%	-72.6%	1.7%	15.6%	-18.4%	-2.6%	-59.5%	0.8%
Interest coverage	-3.02	-3.36	0.64	1.24	1.53	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	-	-	-	-	-	-	-	-	20 days	37 days	27 days	14 days	12 days	13 days	-	-	-	-
Supplier credit	-	-	-	-	-	-	-	-	-	-	4 days	23 days	8 days	-	0 days	0 days	-	-	-	-

Item	31-01-2026	31-01-2025	31-01-2024	31-01-2023	31-01-2022
Tangible fixed assets	-	-	€330	€330	-
Depreciation and write-downs of the year	€142	€220	€359	€3,707	€3,629

F.A.B.

Annual accounts 2026

Money flows

Balance sheet

Change in equityin euro

Change in cash

Position in the sector

Solvency-413.7%

Current ratio0.23

Return on assets-147.6%

Staff

Staff cost per FTE

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on F.A.B.

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