FAB
InactiveFrom the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette
Financials · financial year 2025, abbreviated format
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 31-10-2025
- Filed on
- 20-01-2026
- Format
- abbreviated format
- Reference
- 2026-00011261
Turnover
≈ €10,000
Estimated: probably between €4,300 and €26,000
Total assets
€139,555▼ 28.4%
2024 · €194,885
Net result
-€6,123
2024 · €10,326
Working capital
€877▼ 99.2%
2024 · €104,564
Trend over the years
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result turns negative in 2025: a loss of €6,511 after €13,219 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€6,511
2025
Net result-€6,123
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€139,555
2025
Equity-€3,123
2025
Debt€138,678
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€877
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)10.5
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022202320242025
Operating result€141,815-€77,854▼ 45.1%-€344,527€381,687€13,219▼ 96.5%-€6,511
Net result€92,400-€61,636▼ 33.3%-€354,499€351,119€10,326▼ 97.1%-€6,123
Equity€95,400-€107,036▲ 12.2%-€247,464€103,655€113,981▲ 10.0%-€3,123
Total assets€221,976-€417,762▲ 88.2%€361,463▼ 13.5%€209,899▼ 41.9%€194,885▼ 7.2%€139,555▼ 28.4%
Debt€126,576-€310,726▲ 145%€608,927▲ 96.0%€106,244▼ 82.6%€80,904▼ 23.9%€138,678▲ 71.4%
Working capital€82,763-€89,975▲ 8.7%-€205,983€85,240€104,564▲ 22.7%€877▼ 99.2%
Staff (FTE)4.5-6.2▲ 37.8%10.5▲ 69.4%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Key figures and ratios
Solvency
-2.2%▼
2024 · 58.5%
Current ratio
1.01▼
2024 · 2.61
ROA
-4.4%▼
2024 · 5.3%
Debt ≤ 1 year
€138,678▲
2024 · €64,794
No debt to equity: equity is negative, so debt divided by equity means nothing.
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 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €180,000 | €1,909 | - | - |
| Remuneration, social security and pensions62 | - | €476,641 | €752,458 | -€61,569 | €2,888 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,369 | €14,840 | €15,170 | €20,116 | €11,026 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | €4,000 | - |
| Other operating charges640/8 | - | €3,045 | €1,406 | €3,794 | €769 | €522 | ▼ 32.1% |
| Non-recurring operating charges66A | - | - | - | - | - | €3,527 | - |
| Gross operating margin9900 | €495,718 | €572,380 | €424,507 | €344,028 | €27,901 | €1,538 | ▼ 94.5% |
| Operating profit (loss)9901 | €141,815 | €77,854 | -€344,527 | €381,687 | €13,219 | -€6,511 | - |
| Financial income75/76B | - | €18 | €0 | €2,498 | €3,876 | €1,263 | ▼ 67.4% |
| Recurring financial income75 | - | €18 | €0 | €2,498 | €3,876 | €1,263 | ▼ 67.4% |
| Financial charges65/66B | - | €4,093 | €8,286 | €8,717 | €1,203 | €876 | ▼ 27.2% |
| Recurring financial charges65 | €3,525 | €4,093 | €8,286 | €8,717 | €1,203 | €876 | ▼ 27.2% |
| Profit (loss) for the period before taxes9903 | €138,290 | €73,778 | -€352,813 | €375,468 | €15,891 | -€6,123 | - |
| Income taxes67/77 | €45,890 | €12,142 | €1,687 | €24,349 | €5,565 | - | - |
| Profit (loss) for the period9904 | €92,400 | €61,636 | -€354,499 | €351,119 | €10,326 | -€6,123 | - |
| Profit (loss) for the period to be appropriated9905 | €92,400 | €61,636 | -€354,499 | €351,119 | €10,326 | -€6,123 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €221,976 | €417,762 | €361,463 | €209,899 | €194,885 | €139,555 | ▼ 28.4% |
| Fixed assets21/28 | €44,920 | €54,708 | €65,760 | €45,643 | €25,527 | - | - |
| Tangible fixed assets22/27 | €44,920 | €54,708 | €65,760 | €45,643 | €25,527 | - | - |
| Furniture and vehicles24 | - | €54,708 | €65,760 | €45,643 | €25,527 | - | - |
| Current assets29/58 | €177,056 | €363,054 | €295,703 | €164,256 | €169,358 | €139,555 | ▼ 17.6% |
| Amounts receivable within one year40/41 | €97,736 | €181,705 | €168,955 | €8,352 | - | - | - |
| Trade receivables40 | - | €181,705 | €168,955 | €8,352 | - | - | - |
| Current investments50/53 | - | - | - | €134,000 | €136,000 | - | - |
| Cash at bank and in hand54/58 | €78,775 | €178,081 | €107,665 | €21,903 | €30,950 | €139,555 | ▲ 351% |
| Deferred charges and accrued income490/1 | - | €3,268 | €19,084 | - | €2,408 | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €221,976 | €417,762 | €361,463 | €209,899 | €194,885 | €139,555 | ▼ 28.4% |
| Equity10/15 | €95,400 | €107,036 | -€247,464 | €103,655 | €113,981 | -€3,123 | - |
| Contributions10/11 | - | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €92,400 | €104,036 | €104,036 | €104,036 | €110,981 | - | - |
| Distributable reserves133 | - | €104,036 | €104,036 | €104,036 | €110,981 | - | - |
| Profit (loss) carried forward14 | - | - | -€354,499 | -€3,381 | - | -€6,123 | - |
| Provisions and deferred taxes16 | - | - | - | - | - | €4,000 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | €4,000 | - |
| Other liabilities and charges164/5 | - | - | - | - | - | €4,000 | - |
| Amounts payable17/49 | €126,576 | €310,726 | €608,927 | €106,244 | €80,904 | €138,678 | ▲ 71.4% |
| Amounts payable after more than one year17 | €32,284 | €37,648 | €47,241 | €27,229 | €16,110 | - | - |
| Financial debts170/4 | - | €37,648 | €47,241 | €27,229 | €16,110 | - | - |
| Amounts payable within one year42/48 | €94,293 | €273,078 | €501,686 | €79,016 | €64,794 | €138,678 | ▲ 114% |
| Current portion of amounts payable after more than one year42 | - | €18,069 | €379,985 | €20,013 | €11,119 | - | - |
| Trade debts44 | €2,198 | €17,218 | €29,641 | €3,939 | €2,792 | - | - |
| Suppliers440/4 | - | €17,218 | €29,641 | €3,939 | €2,792 | - | - |
| Taxes, remuneration and social security45 | - | €104,929 | €84,197 | €23,648 | €28,528 | €4,880 | ▼ 82.9% |
| Taxes450/3 | - | €58,033 | €13,829 | €23,648 | €28,528 | €4,880 | ▼ 82.9% |
| Remuneration and social security454/9 | - | €46,897 | €70,368 | - | - | - | - |
| Other amounts payable47/48 | - | €132,862 | €7,862 | €31,416 | €22,356 | €133,798 | ▲ 499% |
| Accrued charges and deferred income492/3 | - | - | €60,000 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €92,400 | €61,636 | -€354,499 | €351,119 | €10,326 | -€6,123 | - |
| + Depreciation and write-downs630 | €13,369 | €14,840 | €15,170 | €20,116 | €11,026 | - | - |
| Operating cash flow (approximation) | €105,769 | €76,476 | -€339,330 | €371,235 | €21,352 | -€6,123 | - |
| Investment in fixed assets (approximation) | - | -€24,628 | -€26,222 | €0 | €9,091 | - | - |
| Change in cash | - | €99,306 | -€70,416 | -€85,762 | €9,047 | €108,604 | ▲ 12× |
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 (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-10-2025 | abbreviated format | 20-01-2026 | 2026-00011261 | |
| 31-12-2024 | abbreviated format | 20-06-2025 | 2025-00166451 | |
| 31-12-2023 | abbreviated format | 26-09-2024 | 2024-00475675 | |
| 31-12-2022 | micro format | 29-08-2023 | 2023-00383046 | |
| 31-12-2021 | micro format | 22-06-2022 | 2022-20091278 | |
| 31-12-2020 | micro format | 16-06-2021 | 2021-20400352 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.