Equity
€846,353 ▲ 43.1%
FABA has made a profit in every financial year since 2008.
FABA
Lifetime
18 annual accounts with figures on one time axisGross marginpeak €1.1m (2020)
€452,564▲ 61.1%
Resultpeak €768,478 (2020)
€254,800▲ 88.5%
Equitypeak €846,353 (2026)
€846,353▲ 43.1%
Debts
€1.2m▼ 14.2%
Staffpeak 2.9 FTE (2011)
-not published
Board2 names since 2021
1 directorFilip Boone
Owners
Documentsfilings and deeds
30-10-20261 days before the deadline
2026abbreviated format
Gross margin from €280,977 to €452,564Result from €135,139 to €254,800Equity from €591,553 to €846,353
Key points
from the 2026 annual accountsChecked score
96
Excellent
Financially stronger than 71% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: 0.1%▲ +0.1 percentage points vs 09-2025
11-2025: < 0.1%▼ -0.1 percentage points vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: 0.1%▲ +0.1 percentage points vs 09-2026highest value
11-2026: < 0.1%▼ -0.1 percentage points vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Size: total assets €2.1m
Figures for financial year 2026 (filed on 03-11-2026)
Sector: Activities of head offices; management consultancy activities (NACE 70)
Founded in 2007
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, small). It does better than 39% of them on solvency, 74% on liquidity, 84% on profitability and 86% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as FABA has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.1%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of FABA itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 17,811 companies, not a prediction for FABA. 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
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.17 (0.78 in 2025), below the usual 1.5. Short-term debt is 16.2% and cash 8% of total assets. 59.3% of the assets are financed with debt and provisions.
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
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-10-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
1 day early
2025
2 days early
2024
27 days early
2023
1 day early
2022
17 days early
2020
134 days early
2019
8 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 27 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 29 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0889116351
Environmental permit granted
Slopen van niet vrijstaande gebouwen of constructies, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Lievegem
Company renamed to FABA
Registered office moved to Lembeke · New name: FABA · New registered office: Nieuwstraat 68, 9971 Lembeke · General meeting of 23-09-2021 · Gazette deed
Incorporation
published on 09-05-2007 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| FABA Kaprijke | €2.1m | €452,564 | 40.7% | - |
| SIN CERA Deinze | €2.5m | €452,296 | 38.0% | - |
| SDC INVEST Sint-Niklaas | €1.9m | €473,588 | 87.1% | - |
| ARTA INVEST Ronse | €1.8m | €405,689 | 54.8% | - |
| BE-CONSULT-IT Mol | €2.2m | €440,648 | 38.0% | - |
| EMMACA Knokke-Heist | €1.6m | €436,922 | 97.4% | - |
| VERARTCO Herent | €1.7m | €457,676 | 74.7% | 3 |
These companies have the same main activity as FABA: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €1.6m and €2.5m, founded between 2006 and 2009.
Official details
Source: KBO- Status
- Active since 30-04-2007Normal situation
- Activity
- Activities of head officesNACE 70100and 3 others
- Establishment unit
- 2.190.895.6469971 Kaprijke, since 27-04-2007
- Financial year end
- 31 March
- Peppol
- Reachable since 30-12-2025
Annual accounts to 31-03-2026
- Turnover
- ≈ €710,000estimated
- Total assets
- €2.1m▲ 2.5%
- Filing
- Filed on 30-10-2026, 1 day before the end of the filing period
Insights on FABA
FABA files the abbreviated format. That format states no turnover. The gross margin rose from €394,537 in 2008 to €452,564 in 2026.
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 FABA
- What is the company number of FABA?
- The company number of FABA is 0889.116.351. The VAT number is the same number with BE in front: BE 0889.116.351.
- Where is FABA based?
- The registered office is at Nieuwstraat 68, 9971 Kaprijke.Company details
- What does FABA do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of FABA?
- FABA is a private limited company (BV).
- When was FABA founded?
- FABA was founded on 30-04-2007.
- Is FABA still active?
- Yes, FABA is an active enterprise in the KBO register.
- How many employees does FABA have?
- FABA had an average of 2.4 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of FABA?
- The turnover in financial year 2026 is ≈ €710,000. This figure is estimated from the gross margin of €452,564 and 78 comparable companies (NACE 70). It probably lies between €540,000 and €1.4m.
- Is FABA profitable?
- In financial year 2026, FABA made a profit of €254,800.
- Where can I find the annual accounts of FABA?
- FABA filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of FABA due?
- FABA must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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