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F & G DEVELOPMENT

Active Private limited company (pre-2019)founded 2004active for 22 yearsHof van Kersbeek 39, 3078 KortenbergKBO/BCE: BE 0865.090.243
F & G DEVELOPMENT
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Overview

Lifetime

11 annual accounts with figures on one time axis, 13 filings since 2004
peak €63,094 (2025)
€63,094 
lowest -€8,983 (2019)
€4,728 
peak €12,709 (2008)
€5,313 
€82,421 
peak 0.4 FTE (2019)
-not published
Board1 name since 2025
1 director
Documentsfilings and deeds
09-11-2026101 days late
2025micro format
No annual accounts filed for 2021 to 2024

Key points

from the 2025 annual accounts

Equity

-€17,390
201820192020

Debts exceed assets in financial year 2020.

Debts

€82,421 94% of the balance sheet
After one year 7%Within one year 93%

Of this, €76,371 falls due within a year.

Filings

13 annual accounts 101 days
AprilJune31 JulyOctober20102020

Latest accounts filed late: after the legal deadline.

Turnover not published (micro format)

Bankruptcy probability

No current score
Figures too old
The latest figures are for FY 2020. They are too old for a current score.
Filing: Filed more than 90 days late
Bankruptcy probability within 12 months

Financial strength, FY 2020

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0865090243
Registered office moved from Liège to Everberg New registered office: Hof van Kersbeek, 39-3078 EVERBERG · Previous registered office: Rue Bernalmont, 2-4000 Liège · “L'aménagement et l'ornementation de parcs,jardins,plaines de sport et autres surfaces d'agrément ou de…” (deed in French) · General meeting of 15-06-2017 · Gazette deed
First establishment F&G DEVELOPMENT, Hof van Kersbeek 39, Kortenberg
Incorporation published on 14-05-2004 · Gazette deed
All 22 events

Comparable companies

same main activity, similar in size and age
Company
F & G DEVELOPMENT Kortenberg €87,734 €63,094 6.1% -
PROMASO Antwerp €85,695 €69,342 28.0% -
ETS GUZENDA Péruwelz €93,047 €69,375 -35.4% -
HART & HEMELDONCK Lille €74,606 €65,161 47.7% 0
QUIFIT Wuustwezel €113,878 €65,523 51.1% -
SANTE-ACTIVE Bassenge €117,963 €58,456 88.0% -
BDS Pecq €86,108 €53,100 13.7% -

These companies have the same main activity as F & G DEVELOPMENT: fitness centres (NACE 93130). They are comparable in size and age: total assets between €74,600 and €118,000, founded between 2003 and 2008.

Official details

Source: KBO
Status
Active since 04-05-2004Normal situation
Activity
Fitness centresNACE 93130and 3 others
Joint committee
314Hairdressing and beauty care · annual accounts 2025
Establishment unit
2.150.659.0563078 Kortenberg, since 27-12-2005
Financial year end
31 December
Peppol
Reachable since 16-01-2026
Company details

Annual accounts 2020

-€1,938
€7,460▼ 17.0%
-€17,390▼ 75.1%
€18,358▼ 53.5%
0.4 FTE=
Filing
2025 annual accounts filed on 09-11-2026
Financials

Insights on F & G DEVELOPMENT

F & G DEVELOPMENT files the micro format. That format states no turnover. The gross margin rose from €8,441 in 2006 to €63,094 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 09-11-2026, 101 days late
€63,094
€8,999
€4,728
-€42,136
6.1%
0.45

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €87,734 on 31-12-2025
What the company ownsHow it is paid for

Position in the sector

Compare with sector

6.1%

Higher than 32% of 2,882 companies in 2025.

0.45

Higher than 26% of 2,767 companies in 2025.

5.4%

Higher than 57% of 2,791 companies in 2025.

F & G DEVELOPMENT Middle half of the sector 80% of the sector Micro accounts in sports and recreation (NACE 93)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

€27,051

Staff costs divided by the average number of full-time equivalents.

+1 person

people who joined people who left

In 2025, 1 person joined and nobody left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252020201920182016201520122009200820072006
Balance sheet: assets
20/58 87,73418,35839,47752,55012,1348,57619,31544,07353,49023,18928,496
21/28 53,49974920,75331,1304822,862-22,75331,3025,5149,406
22/27 53,49974920,75331,1304822,862-22,75331,3025,5149,406
24 53,499749--4822,862-1,1832,5415971,018
29/58 34,23517,60918,72421,42011,6525,71419,31521,32022,18817,67519,090
40/41 25,11812,4455,5188,6955,6782,9765,41019,21217,63413,70110,032
40 18,4707,3115,5187,9881,3761,1621,8181,1602,4995811,343
41 6,6485,134-7074,3021,8143,59318,05115,13513,1208,689
54/58 8,2363,28010,8405,9365,3742,7399181,9133,5363,9491,942
490/1 8801,8832,3666,789600-12,9861961,018257,116
Balance sheet: equity and liabilities
10/49 87,73418,35839,47752,55012,1348,57619,31544,07353,49023,18928,496
10/15 5,313-17,390-9,9302,915-11,369-10,447-9,7168,60712,7099,4859,361
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 -18,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 -12,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
13 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
130/1 1,8601,860---------
130 -1,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 1,860----------
14 -2,747-25,450-17,990-5,145-19,429-18,507-17,7765474,6491,4251,301
17/49 82,42135,74849,40749,63523,50319,02329,03035,46640,78113,70419,135
17 -6,56615,42224,113---15,72821,191-4,504
170/4 -6,56615,42224,113---15,72821,191-4,504
42/48 76,37111,41521,09717,91511,14213,79713,83612,53211,1128,2518,631
42 -8,8568,6918,529---5,4635,1034,5044,326
43 ---655-------
430/8 ---655-------
44 22,9751162,7847075671,5011,6724,1362,9273,3492,225
440/4 22,9751162,7847075671,5011,6724,1362,9273,3492,225
46 ---2,987-1,7741,815196---
45 24,3852,4428,4205,03754-2442,7372,9253982,080
450/3 8,5605301,8273,31854-2442,7372,9253982,080
454/9 15,8261,9136,5931,718-------
47/48 29,011-1,202-10,52210,52210,105-157--
492/3 6,05017,76712,8887,60712,3615,22615,1947,2068,4785,4536,000
Income statement
76A --7853,650-------
9900 63,094-1,93825,95833,6352,7775,490-4,4347,98218,8464,5048,441
62 45,98712,32321,4605,121-------
630 7,48534210,37710,3772,3792,3795518,5498,7943,8933,893
640/8 6231,6171,8771,576847-3841,4402,5514631,204
66A -2,489---------
9901 8,999-18,708-7,75616,561-4493,111-5,369-2,0067,5011483,344
75/76B -12,6400-100-5126
75 --0-100-5126
76B -12,640---------
65/66B 5571,1739179073522476911,7541,561514686
65 5571,1739179073522476911,7541,561514686
9903 8,442-7,242-8,67215,654-8002,865-6,060-3,7605,945-3542,664
67/77 3,7132193111,6201230-3412,721-4781,021
9904 4,728-7,460-8,98314,034-9232,864-6,060-4,1013,2231241,643
9905 4,728-7,460-8,98314,034-9232,864-6,060-4,1013,2231241,643
Appropriation of the result
9906 -2,747-25,450-17,990-5,145-19,429-18,507-17,7765474,6491,4251,643
14P -7,475----------
691/2 ----------342
6920 ----------342
Social balance sheet
9087 1.70.40.4--------
Hours worked1013 1,4264847444-------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 2 older financial years (2004-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 09-11-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 101 days after the deadline. Filed on 9 November 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00604870.

Financial year Type Filed Reference Document
31-12-2025 micro format 09-11-2026 2026-00604870 PDF
31-12-2020 micro format 31-12-2021 2021-82500155 PDF
31-12-2019 micro format 03-12-2020 2020-74200534 PDF
31-12-2018 micro format 20-11-2019 2019-74000425 PDF
31-12-2016 micro format 07-09-2017 2017-60600189 PDF
31-12-2015 full format 29-08-2016 2016-54100004 PDF
31-12-2012 full format 31-08-2013 2013-57100412 PDF
31-12-2009 full format 31-08-2010 2010-52000003 PDF
31-12-2008 full format 17-02-2010 2010-04700563 PDF
31-12-2007 full format 13-08-2008 2008-57400060 PDF
31-12-2006 full format 31-08-2007 2007-70200343 PDF
31-12-2005 full format 31-08-2006 2006-77001136 PDF
31-12-2004 full format 04-10-2005 2005-81300240 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252020201920182016201520122009200820072006
16,484-18,3672,62126,9381,9305,490-4,8186,54216,2954,0417,237
12,213-7,1181,39424,4111,4575,244-5,5094,44712,0184,0175,536
60,9851,0910-0--039,4991-
--7,5594,904-2,635---1,623-4132,007-
-42,1366,194-2,3733,505509-8,0835,4788,78911,0769,42410,459
6.1%-94.7%-25.2%5.5%-93.7%-121.8%-50.3%19.5%23.8%40.9%32.9%
0.451.540.891.201.050.411.401.702.002.142.21
15.51--17.03---4.123.211.442.04
89.0%--481.4%----47.6%25.4%1.3%17.6%
5.4%-40.6%-22.8%26.7%-7.6%33.4%-31.4%-9.3%6.0%0.5%5.8%
29.58----------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-2025
Employees at the balance-sheet date2
part-time2
in full-time equivalents1
0.8
On a permanent contract2
Joined1
Left0

Source: social balance sheet in the 2025 annual accounts

Insights on F & G DEVELOPMENT

The operating result for 2025 is €8,999, against a loss of €18,708 in 2020. Comparable figures for the intervening years are unavailable.

Debt's share of the balance-sheet total is 93.9%.

Board & ownership

Board

1 director
Director
listed in the 2025 annual accounts, filed on 09-11-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director
Boardmandate already running before its first mention
Mandates as a list
    • Director, since before 31-12-2025

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€6,200
Source
2020 annual accounts

Network & group

No group

F & G DEVELOPMENT has no parent and no holdings in its annual accounts. is the only director. F & G DEVELOPMENT shares no director with another company.

Timeline

Timeline

22 events since 2004

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 101 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0865090243
2025
Back to profit net €4,728 The net result is €4,728, after 2 loss-making years.
2021
Annual accounts 2020 filed PDFmicro format · 153 days late
2020
Annual accounts 2019 filed PDFmicro format · 125 days late
2019
Weakest financial year net -€8,983 The net result drops to -€8,983, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2018 filed PDFmicro format · 112 days late
2018
Back to profit net €14,034 The net result is €14,034, after one loss-making year.
2017
Annual accounts 2016 filed PDFmicro format · 38 days late
Registered office moved from Liège to EverbergNew registered office: Hof van Kersbeek, 39-3078 EVERBERG · Previous registered office: Rue Bernalmont, 2-4000 Liège · “L'aménagement et l'ornementation de parcs,jardins,plaines de sport et autres surfaces d'agrément ou de…” (deed in French) · General meeting of 15-06-20174 points ▸
  • General meeting, 15-06-2017
  • Incorporation, 16-04-2004
  • Registered-office move, Hof van Kersbeek, 39-3078 EVERBERG
  • Purpose change, “L'aménagement et l'ornementation de parcs,jardins,plaines de sport et autres surfaces d'agrément ou de loisirs; La vente et la pose de tous objets et…” (deed in French)
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2016
Liquidity more than doubled current ratio 1.05 The current ratio rises from 0.41 to 1.05. Short-term debt falls from €13,797 to €11,142.
Annual accounts 2015 filed PDFfull format · 29 days late
2015
Back to profit net €2,864 The net result is €2,864, after 2 loss-making years.
2013
Annual accounts 2012 filed PDFfull format · 31 days late
2010
Annual accounts 2009 filed PDFfull format · 31 days late
Annual accounts 2008 filed PDFfull format · 201 days late
2008
Annual accounts 2007 filed PDFfull format · 13 days late
2007
Annual accounts 2006 filed PDFfull format · 31 days late
2006
Annual accounts 2005 filed PDFfull format
2005
First establishment F&G DEVELOPMENT, Hof van Kersbeek 39, Kortenberg
Annual accounts 2004 filed PDFfull format
2004
Incorporation PDFpublished on 14-05-2004

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

F & G DEVELOPMENT was incorporated on 4 May 2004.1 The registered office was moved to Everberg in 2017.2 Total assets fell from €52,550 in 2018 to €18,358 in 2020.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 05-07-2017
  3. 3National Bank, annual accounts 2018 and 2020

Company details

Identity

Enterprise number
0865.090.243
VAT number
BE 0865.090.243
Peppol ID
0208:0865090243
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
04-05-2004
Financial year
ends on 31 December
Peppol
Reachable since 16-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
F & G DEVELOPMENT in French
Entity type
Legal entity

Activities

NACEBEL 2025
VAT activities
93130 Fitness centres main activity
85510 Sports and recreation education
93121 Football clubs
93199 Other sports activities
Social security (RSZ) activities
93130 Fitness centres main activity
Joint committees annual accounts 2025
JC 314 Hairdressing and beauty care
Codes under NACEBEL 2008
VAT activities
93130 Sports, amusement and recreation activities main activity
85510 Sports and recreation education
93121 Football clubs
93199 Other sports activities
Social security (RSZ) activities
93130 Sports, amusement and recreation activities main activity
Codes under NACEBEL 2003
92621
92622
92623

Registered office and establishments

1 establishment
Establishment Since Unit number
F&G DEVELOPMENT registered office Hof van Kersbeek 39, 3078 Kortenberg 27-12-2005 2.150.659.056

Buildings and parcels at the address

Ground area
706 m²
Buildings
127 m²
Volume, LiDAR
932 m³
Tallest building
9.4 m
Buildings to scale, each on its own parcel
127 m², 9.4 m 127 m², 9.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
24026D0148/00H000706 m² 1 · 127 m² 9.4 m · 3

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