FAAB
ActiveSummary
FAAB has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €196,348 and a net result of €1,882. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 543 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · financial year 2026, abbreviated format
Turnover
≈ €47,000
Estimated: probably between €24,000 and €120,000
EBIT margin
Not included in this filing
Net result
€1,882▼ 97.7%
2025 · €81,658
Working capital
-€667,925▲ 0.6%
2025 · -€671,778
Trend over the years
2022 to 2026, 5 financial years 2020 to 2026, 7 financial years
The operating result has fallen two years in a row; 2026 is 97% below 2025.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.003m
2026
Net result€0.002m
2026
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.1m
2026
Equity€0.2m
2026
Debt€0.9m
2026
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.7m
2026
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)0.2%
2026
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency18.2%
2026
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.24
2026
Average staff in full-time equivalents (FTE).
Staff (FTE)0
2026
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2020202120222023202420252026
Operating result-€0.01m-€0.03m-€0.02m-€0.009m▲ 60.0%€0.2m€0.1m▼ 30.2%€0.003m▼ 97.2%
Net result-€0.02m-€0.03mabove the sector's middle half-€0.02mbelow the sector's middle half-€0.01mbelow the sector's middle half▲ 60.2%€0.1mabove the sector's middle half€0.08mwithin the sector's middle half▼ 35.7%€0.002m▼ 97.7%
Equity-€0.009m-€0.02mwithin the sector's middle half-€0.005mbelow the sector's middle half-€0.01mbelow the sector's middle half▼ 208%€0.1mwithin the sector's middle half€0.2mwithin the sector's middle half▲ 72.4%€0.2m▲ 1.0%
Total assets€0.2m-€0.2mwithin the sector's middle half▲ 0.6%€0.1mwithin the sector's middle half▼ 17.7%€0.1mwithin the sector's middle half▼ 9.5%€1.1mwithin the sector's middle half▲ 852%€1.1mwithin the sector's middle half▲ 2.2%€1.1m▼ 2.6%
Debt€0.2m-€0.1m▼ 17.4%€0.1m▼ 2.0%€0.1m▼ 1.7%€1.0m▲ 657%€0.9m▼ 5.9%€0.9m▼ 3.3%
Working capital-€0.05m--€0.03mbelow the sector's middle half▲ 37.9%-€0.05mbelow the sector's middle half▼ 54.1%-€0.05mbelow the sector's middle half▲ 1.0%-€0.8mbelow the sector's middle half▼ 1,452%-€0.7mbelow the sector's middle half▲ 10.9%-€0.7m▲ 0.6%
Solvency-6.1%-12.9%within the sector's middle half▲ 19.0pp-3.7%below the sector's middle half▼ 16.5pp-12.6%below the sector's middle half▼ 8.9pp10.4%below the sector's middle half▲ 23.0pp17.6%within the sector's middle half▲ 7.2pp18.2%▲ 0.6pp
Current ratio0.63-0.75below the sector's middle half▲ 0.120.62below the sector's middle half▼ 0.130.62below the sector's middle half=0.22below the sector's middle half▼ 0.400.26below the sector's middle half▲ 0.040.24▼ 0.02
Return on assets (ROA)-10.2%-18.9%above the sector's middle half▲ 29.2pp-19.3%below the sector's middle half▼ 38.2pp-8.5%below the sector's middle half▲ 10.8pp11.8%above the sector's middle half▲ 20.3pp7.4%within the sector's middle half▼ 4.4pp0.2%▼ 7.2pp
Staff (FTE)0.8-1▲ 25.0%0.8▼ 20.0%0.1▼ 87.5%0.1below the sector's middle half=0below the sector's middle half▼ 100%0
above
within
below
the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.1m
Fixed assets
€865,388 ▼ 0.1%
Current assets
€211,098 ▼ 11.5%
Equity and liabilities €1.1m
Equity
€196,348 ▲ 1.0%
Debt
€880,137 ▼ 3.3%
Debt's share of the balance-sheet total falls from 82.4% to 81.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4,039▼
2025 · €113,944
Cash flow
€2,739▼
2025 · €82,693
Debt to equity
4.48▼
2025 · 4.68
ROE
1.0%▼
2025 · 42.0%
Interest coverage
25.64▼
2025 · over 100
Debt ≤ 1 year
€879,023▼
2025 · €910,334
Income taxes
€1,143▼
2025 · €31,120
Staff costs
€0▼
2025 · €284
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €14,294 | €2,609 | €801 | €284 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,613 | €10,428 | €11,053 | €11,053 | €1,067 | €1,035 | €857 | ▼ 17.2% |
| Other operating charges640/8 | - | - | €1,123 | €594 | €753 | €1,270 | €400 | ▼ 68.5% |
| Gross operating margin9900 | €45,455 | €52,773 | €2,985 | €4,854 | €164,463 | €115,499 | €4,439 | ▼ 96.2% |
| Operating profit (loss)9901 | -€13,284 | €30,132 | -€23,485 | -€9,401 | €161,842 | €112,909 | €3,182 | ▼ 97.2% |
| Financial income75/76B | - | - | €0 | €60 | €1 | €0 | - | - |
| Recurring financial income75 | €255 | €65 | €0 | €60 | €1 | €0 | - | - |
| Financial charges65/66B | - | - | €708 | €298 | €520 | €131 | €158 | ▲ 19.9% |
| Recurring financial charges65 | €2,445 | €970 | €708 | €298 | €520 | €131 | €158 | ▲ 19.9% |
| Profit (loss) for the period before taxes9903 | -€15,474 | €29,227 | -€24,193 | -€9,640 | €161,323 | €112,777 | €3,025 | ▼ 97.3% |
| Income taxes67/77 | - | €389 | - | - | €34,246 | €31,120 | €1,143 | ▼ 96.3% |
| Profit (loss) for the period9904 | -€15,474 | €28,838 | -€24,193 | -€9,640 | €127,077 | €81,658 | €1,882 | ▼ 97.7% |
| Profit (loss) for the period to be appropriated9905 | -€15,474 | €28,838 | -€24,193 | -€9,640 | €127,077 | €81,658 | €1,882 | ▼ 97.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.2m | €0.2m | €0.1m | €0.1m | €1.1m | €1.1m | €1.1m | ▼ 2.6% |
| Fixed assets21/28 | €0.06m | €0.06m | €0.05m | €0.03m | €0.9m | €0.9m | €0.9m | ▼ 0.1% |
| Intangible fixed assets21 | €0.003m | €0.006m | €0.004m | €0.003m | €0.002m | €0.001m | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €0.06m | €0.05m | €0.04m | €0.03m | €0 | €0.001m | €328 | ▼ 41.4% |
| Furniture and vehicles24 | - | - | €0.04m | €0.03m | €0 | €0.001m | €328 | ▼ 41.4% |
| Other tangible fixed assets26 | - | - | €0.002m | €0.001m | €0 | - | - | - |
| Financial fixed assets28 | €60 | €60 | €60 | €60 | €0.9m | €0.9m | €0.9m | = |
| Current assets29/58 | €0.09m | €0.1m | €0.08m | €0.08m | €0.2m | €0.2m | €0.2m | ▼ 11.5% |
| Stocks and contracts in progress3 | €0.04m | €0.05m | €0.06m | €0.05m | €0 | - | - | - |
| Stocks30/36 | - | - | €0.06m | €0.05m | €0 | - | - | - |
| Amounts receivable within one year40/41 | €0.03m | €0.005m | €0.01m | €0.009m | €0.02m | €0.009m | €0.02m | ▲ 95.8% |
| Trade receivables40 | - | - | €0.01m | €0.009m | €0.02m | €0.009m | €0.02m | ▲ 95.8% |
| Cash at bank and in hand54/58 | €0.02m | €0.04m | €0.01m | €0.02m | €0.2m | €0.2m | €0.2m | ▼ 15.6% |
| Deferred charges and accrued income490/1 | - | - | €0.001m | €425 | €0.001m | €53 | €71 | ▲ 32.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.2m | €0.2m | €0.1m | €0.1m | €1.1m | €1.1m | €1.1m | ▼ 2.6% |
| Equity10/15 | -€0.009m | €0.02m | -€0.005m | -€0.01m | €0.1m | €0.2m | €0.2m | ▲ 1.0% |
| Contributions10/11 | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Profit (loss) carried forward14 | -€0.02m | €0.01m | -€0.01m | -€0.02m | €0.1m | €0.2m | €0.2m | ▲ 1.0% |
| Amounts payable17/49 | €0.2m | €0.1m | €0.1m | €0.1m | €1.0m | €0.9m | €0.9m | ▼ 3.3% |
| Amounts payable after more than one year17 | €0.02m | €0.004m | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.1m | €0.1m | €0.1m | €0.1m | €1.0m | €0.9m | €0.9m | ▼ 3.4% |
| Current portion of amounts payable after more than one year42 | - | - | €0.004m | €0 | - | - | - | - |
| Trade debts44 | €0.03m | €0.03m | €0.03m | €0.03m | €0.04m | €0.01m | €0.009m | ▼ 12.5% |
| Suppliers440/4 | - | - | €0.03m | €0.03m | €0.04m | €0.01m | €0.009m | ▼ 12.5% |
| Taxes, remuneration and social security45 | - | - | €0.004m | €0.004m | €0.06m | €0.03m | €0.004m | ▼ 87.6% |
| Taxes450/3 | - | - | €135 | €0.003m | €0.06m | €0.03m | €0.002m | ▼ 94.7% |
| Remuneration and social security454/9 | - | - | €0.004m | €0.001m | €0.001m | €0.002m | €0.003m | ▲ 64.2% |
| Other amounts payable47/48 | - | - | €0.1m | €0.09m | €0.9m | €0.9m | €0.9m | ▲ 0.1% |
| Accrued charges and deferred income492/3 | - | - | €0.001m | €0 | - | - | €0.001m | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,474 | €28,838 | -€24,193 | -€9,640 | €127,077 | €81,658 | €1,882 | ▼ 97.7% |
| + Depreciation and write-downs630 | €18,613 | €10,428 | €11,053 | €11,053 | €1,067 | €1,035 | €857 | ▼ 17.2% |
| Operating cash flow (approximation) | €3,139 | €39,266 | -€13,140 | €1,414 | €128,144 | €82,693 | €2,739 | ▼ 96.7% |
| Investment in fixed assets (approximation) | - | -€4,500 | €0 | €0 | -€833,364 | -€694 | €0 | - |
| Change in cash | - | €22,581 | -€30,380 | €11,727 | €164,660 | €41,316 | -€35,834 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2026 | abbreviated format | 12-10-2026 | 2026-00553831 |
| 31-03-2025 | full format | 26-10-2025 | 2025-00549513 |
| 31-03-2024 | full format | 22-10-2024 | 2024-00511152 |
| 31-03-2023 | micro format | 28-10-2023 | 2023-00495397 |
| 31-03-2022 | micro format | 28-10-2022 | 2022-20475119 |
| 31-03-2021 | micro format | 29-10-2021 | 2021-74200325 |
| 31-03-2020 | micro format | 31-12-2020 | 2020-77900186 |
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Of the 2,044 active companies whose main activity is retail sale of cosmetics and toilet articles (NACE 47750), figures are known for 517. 326 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.