Equity
FABA has made a profit in every financial year since 2008.
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).
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).
In July 2024, 17,811 companies had the same profile as FABA has now. Each dot stands for 45 companies, two years later.
That fits the bankruptcy probability of FABA itself: < 0.1% within 12 months.
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.
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.
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.
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.
| 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.
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.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €710,000. Estimated: probably between €540,000 and €1.4m.
Amounts without an identifiable currency are taken as euros.
Higher than 30% of 10,844 companies in 2025.
Higher than 30% of 10,467 companies in 2025.
Higher than 55% of 10,714 companies in 2025.
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
Total assets20/58 |
2.1m | 2.0m | 1.2m | 1.1m | 954,266 | 1.0m | 2.7m | 3.9m | 3.0m | 2.5m | 1.9m | 3.3m | 3.0m | 1.3m | 2.1m | 1.3m | 2.0m | 2.1m | |
Formation expenses20 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Fixed assets21/28 |
1.7m | 1.7m | 1.0m | 929,050 | 793,081 | 264,541 | 31,107 | 53,539 | 66,758 | 97,657 | 59,722 | 102,598 | 146,302 | 192,394 | 241,057 | 277,470 | 280,556 | 318,701 | |
Intangible fixed assets21 |
- | - | - | - | - | 0 | 0 | 0 | 350 | 12,526 | 48,353 | 84,179 | 120,006 | 155,833 | 191,660 | 227,487 | 263,314 | 295,641 | |
Tangible fixed assets22/27 |
937,469 | 976,089 | 1.0m | 929,050 | 793,081 | 264,541 | 31,107 | 53,539 | 66,408 | 85,132 | 11,370 | 18,418 | 26,296 | 36,561 | 49,397 | 49,983 | 17,242 | 23,060 | |
Land and buildings22 |
823,112 | 847,602 | 882,396 | 895,969 | 788,006 | 261,947 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Plant, machinery and equipment23 |
3,068 | 4,756 | 6,646 | 5,101 | 1,509 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Furniture and vehicles24 |
111,288 | 123,731 | 135,050 | 27,980 | 3,567 | 2,594 | 31,107 | 53,539 | 66,408 | 85,132 | 11,370 | 18,418 | 26,296 | 36,561 | 47,533 | 42,527 | 4,195 | 2,576 | |
Other tangible fixed assets26 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Assets under construction and advance payments27 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Financial fixed assets28 |
750,000 | 750,000 | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Current assets29/58 |
393,479 | 303,877 | 203,065 | 136,950 | 161,185 | 759,612 | 2.7m | 3.9m | 2.9m | 2.4m | 1.9m | 3.2m | 2.9m | 1.1m | 1.9m | 979,955 | 1.7m | 1.8m | |
Trade receivables290 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Other amounts receivable291 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Stocks and contracts in progress3 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Stocks30/36 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Contracts in progress37 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Amounts receivable within one year40/41 |
17,792 | 10,398 | 20,456 | 16,850 | 68,299 | 477,003 | 268,282 | 358,925 | 229,863 | 217,413 | 142,087 | 201,220 | 161,810 | 99,104 | 110,592 | 67,111 | 44,018 | 42,999 | |
Trade receivables40 |
17,792 | 950 | 6,436 | 15,507 | 21,312 | 0 | 156,485 | 298,605 | 195,861 | 183,433 | 78,588 | 94,587 | 88,311 | 58,698 | 42,561 | 6,249 | 24,469 | 23,879 | |
Other amounts receivable41 |
- | 9,448 | 14,020 | 1,344 | 46,987 | 477,003 | 111,797 | 60,320 | 34,002 | 33,979 | 63,499 | 106,633 | 73,500 | 40,406 | 68,031 | 60,862 | 19,549 | 19,120 | |
Current investments50/53 |
200,000 | 70,000 | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Cash at bank and in hand54/58 |
166,885 | 214,655 | 177,421 | 116,126 | 88,647 | 279,202 | 2.4m | 3.5m | 2.7m | 2.1m | 1.7m | 3.0m | 2.7m | 1.0m | 1.8m | 907,597 | 1.7m | 1.7m | |
Deferred charges and accrued income490/1 |
8,802 | 8,824 | 5,188 | 3,973 | 4,239 | 3,407 | 193 | 1,005 | 0 | 0 | 0 | 82 | 295 | 706 | 4,720 | 5,247 | 4,553 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
Total equity and liabilities10/49 |
2.1m | 2.0m | 1.2m | 1.1m | 954,266 | 1.0m | 2.7m | 3.9m | 3.0m | 2.5m | 1.9m | 3.3m | 3.0m | 1.3m | 2.1m | 1.3m | 2.0m | 2.1m | |
Equity10/15 |
846,353 | 591,553 | 456,414 | 328,024 | 139,749 | 77,373 | 81,895 | 79,918 | 197,517 | 198,699 | 197,669 | 197,050 | 196,118 | 164,036 | 143,692 | 79,651 | 81,317 | 81,276 | |
Contributions10/11 |
70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | |
Issued capital100 |
- | - | - | - | - | - | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | |
Uncalled capital101 |
- | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Contributions outside capital11 |
- | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Share premium1100/10 |
- | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Revaluation surpluses12 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Reserves13 |
776,353 | 521,553 | 386,414 | 258,024 | 69,749 | 7,000 | 7,000 | 7,000 | 67,000 | 67,000 | 67,000 | 67,000 | 67,000 | 67,000 | 67,000 | 7,000 | 7,000 | 4,664 | |
Non-distributable reserves130/1 |
- | - | - | - | - | 7,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
Legal reserve130 |
- | - | - | - | - | - | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 4,664 | |
Reserves not available under the articles1311 |
- | - | - | - | - | 7,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
Own shares acquired1312 |
- | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Financial assistance1313 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
Other1319 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Tax-exempt reserves132 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Distributable reserves133 |
776,353 | 521,553 | 386,414 | 258,024 | 69,749 | 0 | 0 | 0 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | - | - | - | |
Profit (loss) carried forward14 |
- | - | - | - | - | 373 | 4,895 | 2,918 | 60,517 | 61,699 | 60,669 | 60,050 | 59,118 | 27,036 | 6,692 | 2,651 | 4,317 | 6,613 | |
Investment grants15 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Provisions for liabilities and charges160/5 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Pensions and similar obligations160 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | |
Taxes161 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | |
Major repairs and maintenance162 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | |
Environmental obligations163 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | |
Other liabilities and charges164/5 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | |
Deferred taxes168 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Amounts payable17/49 |
1.2m | 1.4m | 770,743 | 737,975 | 814,517 | 946,780 | 2.6m | 3.8m | 2.8m | 2.3m | 1.7m | 3.1m | 2.8m | 1.2m | 2.0m | 1.2m | 1.9m | 2.0m | |
Amounts payable after more than one year17 |
885,570 | 1.0m | 459,438 | 418,766 | 449,925 | 123,634 | 17,964 | 35,815 | 53,555 | 71,183 | 36,363 | 72,726 | 112,561 | 155,868 | 200,247 | 249,767 | 267,678 | 309,559 | |
Financial debts170/4 |
885,570 | 1.0m | 459,438 | 418,766 | 449,925 | 123,634 | 17,964 | 35,815 | 53,555 | 71,183 | 36,363 | 72,726 | 112,561 | 155,868 | 200,247 | 249,767 | 267,678 | 309,559 | |
Trade debts175 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Advances received on contracts in progress176 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Other amounts payable178/9 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Amounts payable within one year42/48 |
336,278 | 388,990 | 308,595 | 317,290 | 346,487 | 821,895 | 2.6m | 3.8m | 2.8m | 2.2m | 1.7m | 3.1m | 2.7m | 1.0m | 1.8m | 928,007 | 1.6m | 1.7m | |
Current portion of amounts payable after more than one year42 |
131,605 | 148,272 | 49,328 | 31,159 | 30,992 | 31,830 | 17,851 | 17,739 | 17,628 | 53,880 | 36,363 | 39,835 | 43,307 | 44,379 | 49,520 | 49,162 | 41,880 | 41,562 | |
Financial debts43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 167,211 | |
Credit institutions430/8 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | 167,211 | |
Other loans439 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Trade debts44 |
10,268 | 384 | 5,877 | - | 20,483 | 7,164 | 1.4m | 2.6m | 2.2m | 1.5m | 693,386 | 2.6m | 2.5m | 850,447 | 1.4m | 625,840 | 1.3m | 1.3m | |
Suppliers440/4 |
10,268 | 384 | 5,877 | - | 20,483 | 7,164 | 1.4m | 2.6m | 2.2m | 1.5m | 693,386 | 2.6m | 2.5m | 850,447 | 1.4m | 625,840 | 1.3m | 1.3m | |
Bills of exchange payable441 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Advances received on contracts in progress46 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Taxes, remuneration and social security45 |
53,907 | 8,853 | - | 18,545 | 6,855 | 9,902 | 772,732 | 705,781 | 427,106 | 532,212 | 918,707 | 269,176 | 120,639 | 103,960 | 343,204 | 203,127 | 200,512 | 101,983 | |
Taxes450/3 |
53,907 | 8,853 | - | 18,545 | 6,855 | 9,902 | 80,193 | 48,938 | 24,174 | 26,135 | 21,121 | 24,956 | 12,050 | 4,519 | 32,883 | 45,083 | 95,143 | 72,369 | |
Remuneration and social security454/9 |
- | - | - | - | - | 0 | 692,539 | 656,843 | 402,932 | 506,077 | 897,586 | 244,220 | 108,589 | 99,441 | 310,321 | 158,044 | 105,369 | 29,614 | |
Other amounts payable47/48 |
140,499 | 231,481 | 253,390 | 267,586 | 288,157 | 773,000 | 465,071 | 455,296 | 150,724 | 125,246 | 60,206 | 149,055 | 8,926 | 8,359 | 5,219 | 49,878 | 54,878 | 69,700 | |
Accrued charges and deferred income492/3 |
12,747 | 12,507 | 2,711 | 1,920 | 18,105 | 1,250 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||||
Turnover70 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Non-recurring operating income76A |
- | - | - | - | - | 1.2m | 0 | 0 | 0 | 0 | 12,670 | 0 | - | - | - | - | - | - | |
Gross operating margin9900 |
452,564 | 280,977 | 267,167 | 334,616 | 130,502 | 1.1m | 533,046 | 500,315 | 353,250 | 301,881 | 198,681 | 313,403 | 219,638 | 194,216 | 256,062 | 238,457 | 234,890 | 394,537 | |
Goods, raw materials, services and sundry goods60/61 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Remuneration, social security and pensions62 |
- | - | - | - | - | 232 | 142,361 | 126,939 | 156,290 | 101,830 | 97,658 | 100,898 | 103,651 | 95,545 | 84,233 | 96,329 | 94,365 | 140,047 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
66,855 | 66,230 | 69,793 | 57,642 | 37,620 | 42,469 | 23,917 | 24,864 | 35,427 | 60,155 | 44,534 | 53,504 | 51,544 | 52,767 | 56,642 | 54,011 | 46,609 | 74,070 | |
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Provisions for liabilities and charges: additions (uses and reversals)635/8 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Other operating charges640/8 |
2,150 | 2,054 | 3,612 | 1,067 | 715 | 2,063 | 1,208 | 2,200 | 1,375 | 1,892 | 1,763 | 2,651 | 2,715 | 3,172 | 4,154 | 4,609 | 2,981 | 4,355 | |
Operating charges capitalised as restructuring costs649 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Non-recurring operating charges66A |
- | - | - | - | - | 0 | 0 | 0 | 0 | 1,354 | 0 | 76 | - | - | - | - | 396 | 2,115 | |
Operating profit (loss)9901 |
383,559 | 212,692 | 193,762 | 275,907 | 92,166 | 1.0m | 365,560 | 346,312 | 160,158 | 136,651 | 54,725 | 156,349 | 61,728 | 42,732 | 111,032 | 83,508 | 90,935 | 176,065 | |
Financial income75/76B |
2,246 | 1,505 | 1 | 26 | 348 | 3,077 | 945 | 983 | 915 | 1,634 | 2,087 | 1,804 | 2,265 | 5,241 | 2,422 | 678 | 10,166 | 8,111 | |
Recurring financial income75 |
2,246 | 1,505 | 1 | 26 | 348 | 3,077 | 945 | 983 | 915 | 1,634 | 2,087 | 1,804 | 2,265 | 5,241 | 2,422 | 678 | 10,166 | 8,111 | |
Non-recurring financial income76B |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | |
Financial charges65/66B |
5,939 | 13,111 | 4,284 | 4,254 | 3,284 | 2,427 | 9,343 | 4,459 | 6,611 | 6,867 | 6,176 | 12,179 | 14,111 | 17,656 | 15,586 | 16,059 | 18,135 | 28,562 | |
Recurring financial charges65 |
5,939 | 13,111 | 4,284 | 4,254 | 3,284 | 2,427 | 9,343 | 4,459 | 6,611 | 6,867 | 6,176 | 12,179 | 14,111 | 17,656 | 15,586 | 16,059 | 18,135 | 28,562 | |
Non-recurring financial charges66B |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | |
Profit (loss) for the period before taxes9903 |
379,866 | 201,086 | 189,480 | 271,678 | 89,230 | 1.0m | 357,163 | 342,836 | 154,462 | 131,417 | 63,305 | 145,898 | 49,882 | 30,318 | 97,869 | 68,127 | 82,570 | 153,499 | |
Income taxes67/77 |
125,066 | 65,948 | 61,090 | 83,402 | 26,855 | 261,045 | 10,185 | 5,435 | 5,643 | 5,387 | 2,687 | 4,966 | 17,800 | 9,974 | 33,827 | 24,793 | 32,530 | 60,223 | |
Profit (loss) for the period9904 |
254,800 | 135,139 | 128,390 | 188,276 | 62,376 | 768,478 | 346,977 | 337,401 | 148,818 | 126,030 | 60,619 | 140,932 | 32,082 | 20,344 | 64,041 | 43,334 | 50,040 | 93,276 | |
Transfer from tax-exempt reserves789 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Transfer to tax-exempt reserves689 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Profit (loss) for the period to be appropriated9905 |
254,800 | 135,139 | 128,390 | 188,276 | 62,376 | 768,478 | 346,977 | 337,401 | 148,818 | 126,030 | 60,619 | 140,932 | 32,082 | 20,344 | 64,041 | 43,334 | 50,040 | 93,276 | |
| Appropriation of the result | |||||||||||||||||||
Profit (loss) to be appropriated9906 |
254,800 | 135,139 | 128,390 | 188,276 | 62,376 | 773,373 | 349,895 | 397,918 | 210,517 | 186,699 | 120,669 | 200,050 | 59,118 | 27,036 | 66,692 | 47,651 | 56,653 | 93,276 | |
Transfer from equity791/2 |
- | - | - | - | - | 0 | 0 | 60,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
Transfer to equity691/2 |
254,800 | 135,139 | 128,390 | 188,276 | 62,376 | - | - | - | - | - | - | - | - | - | 60,000 | - | 2,336 | 4,664 | |
Addition to contributions691 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |
To the legal reserve6920 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | 2,336 | 4,664 | |
To other reserves6921 |
254,800 | 135,139 | 128,390 | 188,276 | 62,376 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 60,000 | - | - | - | |
Profit to be distributed694/7 |
- | - | - | - | - | 773,000 | 345,000 | 455,000 | 150,000 | 125,000 | 60,000 | 140,000 | - | - | - | 45,000 | 50,000 | 82,000 | |
Return on contributions (dividend)694 |
- | - | - | - | - | 773,000 | 0 | 120,000 | 0 | 0 | 0 | 0 | - | - | - | 45,000 | 50,000 | 82,000 | |
Directors or managers695 |
- | - | - | - | - | 0 | 345,000 | 335,000 | 150,000 | 125,000 | 60,000 | 140,000 | - | - | - | - | - | - | |
Employees696 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||
Average staff (FTE)9087 |
- | - | - | - | - | 0 | 2.4 | 2.6 | 2.7 | 2.3 | 1.8 | 2 | 2.6 | 2.7 | 2.9 | 2.6 | 2.6 | 2.4 | |
Hours worked1013 |
- | - | - | - | - | 0 | 3,838 | 3,556 | 4,146 | 3,197 | 2,992 | 3,051 | 3,170 | 3,332 | 2,711 | 2,921 | 3,009 | 4,687 | |
| Document | |||||||||||||||||||
The notes to these accounts have 9 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 2026 at the NBB, filed on 30-10-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | abbreviated format | 30-10-2026 | 2026-00599454 | |
| 31-03-2025 | abbreviated format | 29-10-2025 | 2025-00555093 | |
| 31-03-2024 | abbreviated format | 04-10-2024 | 2024-00498375 | |
| 31-03-2023 | abbreviated format | 30-10-2023 | 2023-00500962 | |
| 31-03-2022 | abbreviated format | 14-10-2022 | 2022-20460521 | |
| 31-12-2020 | abbreviated format | 19-03-2021 | 2021-08000340 | |
| 31-12-2019 | abbreviated format | 23-07-2020 | 2020-33500476 | |
| 31-12-2018 | abbreviated format | 28-06-2019 | 2019-24900582 | |
| 31-12-2017 | abbreviated format | 14-06-2018 | 2018-18400171 | |
| 31-12-2016 | abbreviated format | 07-07-2017 | 2017-29100288 | |
| 31-12-2015 | abbreviated format | 14-06-2016 | 2016-17700246 | |
| 31-12-2014 | abbreviated format | 13-07-2015 | 2015-29700379 | |
| 31-12-2013 | abbreviated format | 04-06-2014 | 2014-15300432 | |
| 31-12-2012 | abbreviated format | 04-06-2013 | 2013-15600457 | |
| 31-12-2011 | abbreviated format | 07-08-2012 | 2012-40000468 | |
| 31-12-2010 | abbreviated format | 01-06-2011 | 2011-14400263 | |
| 31-12-2009 | abbreviated format | 30-06-2010 | 2010-25300510 | |
| 31-12-2008 | abbreviated format | 28-08-2009 | 2009-70400053 |
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 450,414 | 278,922 | 263,555 | 333,549 | 129,786 | 1.1m | 389,477 | 371,176 | 195,585 | 196,805 | 99,259 | 209,853 | 113,272 | 95,499 | 167,674 | 137,519 | 137,544 | 250,135 | |
| Cash flow | 321,655 | 201,369 | 198,182 | 245,918 | 99,996 | 810,947 | 370,894 | 362,264 | 184,245 | 186,184 | 105,153 | 194,436 | 83,626 | 73,111 | 120,684 | 97,345 | 96,649 | 167,346 | |
| Investment in fixed assets | 29,185 | 768,227 | 164,835 | 193,610 | 566,160 | 290,809 | 1,485 | 11,645 | 4,528 | 100,270 | 1,659 | 9,800 | 5,452 | 9,909 | 20,230 | 50,925 | 8,464 | 392,771 | |
| Change in cash | -47,770 | 37,234 | 61,294 | 27,480 | - | -2.2m | -1.1m | 778,669 | 571,696 | 400,966 | -1.3m | 324,773 | 1.7m | -724,392 | 851,639 | -745,117 | -57,470 | - | |
| Working capital | 57,200 | -85,113 | -105,530 | -180,340 | -185,302 | -62,284 | 68,752 | 62,194 | 184,314 | 172,224 | 174,310 | 167,178 | 162,377 | 127,510 | 102,883 | 51,948 | 68,439 | 72,134 | |
| Solvency | 40.7% | 29.1% | 37.2% | 30.8% | 14.6% | 7.6% | 3.0% | 2.0% | 6.6% | 8.1% | 10.2% | 5.9% | 6.5% | 12.4% | 6.8% | 6.3% | 4.1% | 3.9% | |
| Current ratio | 1.17 | 0.78 | 0.66 | 0.43 | 0.47 | 0.92 | 1.03 | 1.02 | 1.07 | 1.08 | 1.10 | 1.05 | 1.06 | 1.13 | 1.06 | 1.06 | 1.04 | 1.04 | |
| Debt to equity | 1.46 | 2.43 | 1.69 | 2.25 | 5.83 | 12.24 | 32.34 | 47.87 | 14.24 | 11.37 | 8.83 | 15.90 | 14.35 | 7.09 | 13.72 | 14.79 | 23.37 | 24.49 | |
| ROE | 30.1% | 22.8% | 28.1% | 57.4% | 44.6% | 993.2% | 423.7% | 422.2% | 75.3% | 63.4% | 30.7% | 71.5% | 16.4% | 12.4% | 44.6% | 54.4% | 61.5% | 114.8% | |
| ROA | 12.2% | 6.7% | 10.5% | 17.7% | 6.5% | 75.0% | 12.7% | 8.6% | 4.9% | 5.1% | 3.1% | 4.2% | 1.1% | 1.5% | 3.0% | 3.4% | 2.5% | 4.5% | |
| Interest coverage | 75.84 | 21.27 | 61.53 | 78.40 | 39.52 | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | €29,185 | €18,227 | €164,835 | €193,610 | €566,160 |
| Financial fixed assets | - | €750,000 | - | - | - |
| Depreciation and write-downs of the year | €66,855 | €66,230 | €69,793 | €57,642 | €37,620 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is 80% higher than in 2025 and the highest since 2020. It is the second rise in a row, after the fall in 2024.
Debt's share of the balance-sheet total falls from 70.9% to 59.3%. Equity is higher and debt is lower.
Source: lists of holdings in the owners' accounts
FABA has no parent and no holdings in its annual accounts. Filip Boone is the only director.
| JUR-AD DC
registered office since 16-04-2012 |
founded in 2012 0845.277.893 |
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2027 accounts: 31-10-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Nieuwstraat 68 registered office 9971 Kaprijke | 27-04-2007 | 2.190.895.646 |
| 23-11-2021 | Granted | Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 20-09-2021 · project 2021143004 | Lievegem |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 43009B0189/00D000 | 1,266 m² | 1 · 172 m² | 13.1 m · 3 |
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