Equity
€1.8m ▲ 26.3%
FAA GROUP has made a profit in every financial year since 2012.
FAA GROUP
Lifetime
13 annual accounts with figures on one time axispeak €1.3m (2024)
€1.3m▲ 27.1%
peak €366,306 (2024)
€366,306▲ 68.3%
peak €1.8m (2024)
€1.8m▲ 26.3%
€988,975▼ 0.9%
peak 3.8 FTE (2024)
3.8 FTE▲ 81.0%
Board1 name since 2022
1 director
Documentsfilings and deeds
20-02-2026204 days late
2024financial year
Gross margin from €1.0m to €1.3mResult from €217,695 to €366,306Staff from 2.1 FTE to 3.8 FTEEquity from €1.4m to €1.8mCash from €834,979 to €222,241
Key points
from the 2024 annual accountsResult
€366,306 ▲ 68.3%
The result rose in 2024 from €217,695 to €366,306.
Turnover
≈ €2.3m estimated
The accounts state no turnover.
Staff
3 employees on 31-12-2024
In 2024, 1 person joined and 1 left.
Filings
13 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
€1.3m
Higher gross margin than 89% of companies in rental and leasing. Sector median €171,799 · 328 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,691 companies had the same profile as FAA GROUP has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,691 companies, not a prediction for FAA GROUP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0839710588
Registered office moved within Brussels
New registered office: Rue Waelhem 114 1030 Bruxelles · Previous registered office: Chussee de Helmet 282 1030 Bruxelles · General meeting of 28-04-2023 · Gazette deed
Registered office moved within Brussels
New registered office: Chaussee de Helmet 282, 1030 Bruxelles · Previous registered office: Rue Waelhem 144 1030 Bruxelles · General meeting of 13-01-2023 · Gazette deed
Company renamed from FAA GAMES to FAA GROUP
Change of role: , from manager to director · “Location et location de bail de tous matériels machines et équipement divers généralement utilisés par les…” (deed in French) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 09-03-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FAA GROUP Schaerbeek | €2.7m | €1.3m | 64.0% | 3.8 |
| VAN ERUM BART Sint-Lievens-Houtem | €2.9m | €0.9m | 35.8% | 3.2 |
| Rentair Willebroek | €2.4m | €1.4m | 56.2% | 3.7 |
| AIR-serv Belgium Turnhout | €3.0m | €1.5m | 66.3% | 3.4 |
| TIELEMAN VERHUUR Aalter | €3.3m | €1.2m | 28.9% | 4 |
| Vantomme Containers Menen | €4.1m | €0.9m | 40.0% | 5.7 |
| Topwerf Antwerp | €3.7m | €1.4m | 14.2% | 6.3 |
These companies have the same main activity as FAA GROUP: renting and leasing of other machinery, equipment and tangible goods (NACE 77399). They are comparable in size and age: total assets between €2.4m and €4.1m, founded between 2008 and 2015.
Official details
Source: KBO- Status
- Active since 14-09-2011Normal situation
- Activity
- Renting and leasing of other machinery, equipment and tangible goodsNACE 77399
- Establishment unit
- 2.203.101.9091030 Schaerbeek, since 14-09-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 14-12-2023
Insights on FAA GROUP
FAA GROUP has existed since 2011. In 2013 the gross margin rose from €176,225 to €540,047.
Solvency rose in 2024 from 58.3% to 64.0% because of the retained profit.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FAA GROUP
- What is the company number of FAA GROUP?
- The company number of FAA GROUP is 0839.710.588. The VAT number is the same number with BE in front: BE 0839.710.588.
- Where is FAA GROUP based?
- The registered office is at Waelhemstraat 114, 1030 Schaerbeek.Company details
- What does FAA GROUP do?
- According to the KBO register, the main activity is renting and leasing of other machinery, equipment and tangible goods (NACE 77399).
- What is the legal form of FAA GROUP?
- FAA GROUP is a private limited company (BV).
- When was FAA GROUP founded?
- FAA GROUP was founded on 14-09-2011.
- Is FAA GROUP still active?
- Yes, FAA GROUP is an active enterprise in the KBO register.
- How many employees does FAA GROUP have?
- FAA GROUP had an average of 3.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of FAA GROUP?
- The turnover in financial year 2024 is ≈ €2.3m. This figure is estimated from the gross margin of €1.3m and 1,585 comparable companies of the same size. It probably lies between €1.5m and €3.7m. It is a rough estimate.
- Is FAA GROUP profitable?
- In financial year 2024, FAA GROUP made a profit of €366,306.
- Where can I find the annual accounts of FAA GROUP?
- FAA GROUP filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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