Summary
FABACO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €35.5m and a net result of €3.7m. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 67% of 2413 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
64 d early
2024
50 d early
2023
57 d early
2022
66 d early
2021
45 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 56 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema, statutory accounts
In the rankings
#1 company by equity in Ypres, Finance and insurance sector#2 company by total assets in Ypres, Finance and insurance sector#8 employer in Ypres, Finance and insurance sector
Equity
€35.5m▲ 11.6%
2024 · €31.8m
Net result
€3.7m▲ 39.1%
2024 · €2.7m
Total assets
€44.6m▲ 10.3%
2024 · €40.4m
Solvency
79.6%▲ 0.9pp
2024 · 78.7%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€1.5m▼ 48.7%€2.4m▲ 64.9%€2.6m▲ 6.0%€3.8m▲ 47.2%€4.9m▲ 28.3%
Operating result€59,807▼ 96.6%€1.4m▲ 2,225%€1.2m▼ 14.3%€2.1m▲ 76.3%€2.7m▲ 27.0%
Net result€11,419▼ 99.8%€1.4m▲ 11,767%€1.5m▲ 12.1%€2.7m▲ 75.7%€3.7m▲ 39.1%
Equity€26.3m=€27.6m▲ 5.2%€29.2m▲ 5.5%€31.8m▲ 9.1%€35.5m▲ 11.6%
Total assets€35.6m▼ 4.9%€36.1m▲ 1.5%€37.4m▲ 3.7%€40.4m▲ 8.0%€44.6m▲ 10.3%
Debt€9.3m▼ 16.5%€8.5m▼ 8.8%€8.3m▼ 2.2%€8.6m▲ 4.3%€9.1m▲ 5.6%
Working capital€5.1m▼ 45.4%€8.4m▲ 65.4%€8.9m▲ 5.6%€11.5m▲ 29.4%€10.6m▼ 7.8%
Solvency73.9%▲ 3.6pp76.6%▲ 2.6pp77.9%▲ 1.3pp78.7%▲ 0.8pp79.6%▲ 0.9pp
Staff (FTE)6=6=5▼ 16.7%6.3▲ 26.0%7.9▲ 25.4%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 27% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44.6m
Fixed assets
€33.5m ▲ 17.3%
Current assets
€11.1m ▼ 6.4%
Equity and liabilities €44.6m
Equity
€35.5m ▲ 11.6%
Provisions
€451 ▼ 18.1%
Debt
€9.1m ▲ 5.6%
Debt's share of the balance-sheet total falls from 21.3% to 20.4%. Equity and debt are higher.
Key figures and ratios
ROE
10.5%▲
2024 · 8.4%
ROA
8.3%▲
2024 · 6.6%
Debt ≤ 1 year
€524,072▲
2024 · €395,866
Debt > 1 year
€8.6m▲
2024 · €8.2m
Income taxes
€600,330▲
2024 · €473,933
Staff costs
€881,952▲
2024 · €730,918
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €1.5m | €2.5m | €2.7m | €3.9m | €5.0m | ▲ 28.3% |
| Turnover70 | €1.5m | €2.4m | €2.6m | €3.8m | €4.9m | ▲ 28.3% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | - | €326 | - |
| Other operating income74 | €51,207 | €40,777 | €70,782 | €52,659 | €60,568 | ▲ 15.0% |
| Non-recurring operating income76A | - | €2,857 | €2,455 | €826 | €7,041 | ▲ 752% |
| Operating charges60/66A | €1.5m | €1.1m | €1.5m | €1.8m | €2.3m | ▲ 29.8% |
| Goods for resale, raw materials and consumables60 | €191,393 | €85,652 | €251,325 | €349,807 | €427,544 | ▲ 22.2% |
| Purchases600/8 | €178,007 | €83,323 | €243,523 | €366,783 | €423,224 | ▲ 15.4% |
| Change in stocks: decrease (increase)609 | €13,386 | €2,330 | €7,802 | -€16,976 | €4,319 | ▲ 125% |
| Services and other goods61 | €262,322 | €265,941 | €475,682 | €518,678 | €815,050 | ▲ 57.1% |
| Remuneration, social security and pensions62 | €621,472 | €655,981 | €652,110 | €730,918 | €881,952 | ▲ 20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €77,502 | €78,390 | €80,313 | €151,190 | €152,340 | ▲ 0.8% |
| Other operating charges640/8 | €13,251 | €14,672 | €16,070 | €20,310 | €21,218 | ▲ 4.5% |
| Non-recurring operating charges66A | €309,659 | €0 | €228 | €0 | - | - |
| Operating profit (loss)9901 | €59,807 | €1.4m | €1.2m | €2.1m | €2.7m | ▲ 27.0% |
| Financial income75/76B | €434,602 | €616,456 | €1.0m | €1.7m | €2.2m | ▲ 33.5% |
| Recurring financial income75 | €434,602 | €616,456 | €1.0m | €1.7m | €2.2m | ▲ 33.5% |
| Income from financial fixed assets750 | €427,849 | €583,288 | €878,263 | €1.4m | €2.1m | ▲ 48.1% |
| Income from current assets751 | €5,659 | €20,775 | €124,753 | €277,444 | €167,895 | ▼ 39.5% |
| Other financial income752/9 | €1,094 | €12,394 | €1,992 | €1,653 | €1,246 | ▼ 24.6% |
| Non-recurring financial income76B | €0 | - | - | - | - | - |
| Financial charges65/66B | €422,316 | €418,605 | €433,533 | €627,799 | €583,408 | ▼ 7.1% |
| Recurring financial charges65 | €422,316 | €418,605 | €433,533 | €627,799 | €583,408 | ▼ 7.1% |
| Debt charges650 | €421,493 | €417,527 | €432,440 | €626,721 | €582,252 | ▼ 7.1% |
| Other financial charges652/9 | €822 | €1,078 | €1,093 | €1,078 | €1,157 | ▲ 7.3% |
| Profit (loss) for the period before taxes9903 | €72,093 | €1.6m | €1.8m | €3.1m | €4.3m | ▲ 37.2% |
| Transfer from deferred taxes780 | €100 | €100 | €100 | €100 | €100 | = |
| Transfer to deferred taxes680 | €0 | - | - | - | - | - |
| Income taxes67/77 | €60,773 | €233,324 | €243,465 | €473,933 | €600,330 | ▲ 26.7% |
| Taxes670/3 | €60,797 | €233,324 | €243,465 | €473,933 | €600,368 | ▲ 26.7% |
| Tax adjustments and reversals of tax provisions77 | €24 | €0 | - | - | €38 | - |
| Profit (loss) for the period9904 | €11,419 | €1.4m | €1.5m | €2.7m | €3.7m | ▲ 39.1% |
| Transfer from tax-exempt reserves789 | - | - | - | €1.1m | €0 | ▼ 100% |
| Transfer to tax-exempt reserves689 | €0 | - | €0 | €968,300 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €11,419 | €1.4m | €1.5m | €2.8m | €3.7m | ▲ 33.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €35.6m | €36.1m | €37.4m | €40.4m | €44.6m | ▲ 10.3% |
| Fixed assets21/28 | €29.1m | €26.9m | €28.1m | €28.6m | €33.5m | ▲ 17.3% |
| Tangible fixed assets22/27 | €990,691 | €1.4m | €2.1m | €2.8m | €2.7m | ▼ 3.3% |
| Land and buildings22 | €396,817 | €364,828 | €633,793 | €2.7m | €2.6m | ▼ 2.8% |
| Furniture and vehicles24 | €104,457 | €93,187 | €86,242 | €48,686 | €33,550 | ▼ 31.1% |
| Assets under construction and advance payments27 | €489,417 | €962,761 | €1.3m | €0 | - | - |
| Financial fixed assets28 | €28.1m | €25.5m | €26.1m | €25.8m | €30.9m | ▲ 19.5% |
| Affiliated companies280/1 | €28.1m | €25.5m | €26.1m | €25.8m | €30.9m | ▲ 19.5% |
| Participating interests280 | €24.7m | €24.7m | €24.7m | €24.7m | €29.2m | ▲ 18.0% |
| Amounts receivable281 | €3.3m | €736,493 | €1.4m | €1.1m | €1.7m | ▲ 52.7% |
| Other financial fixed assets284/8 | €2,400 | €2,400 | €2,400 | €2,400 | €2,400 | = |
| Amounts receivable and cash guarantees285/8 | €2,400 | €2,400 | €2,400 | €2,400 | €2,400 | = |
| Current assets29/58 | €6.5m | €9.2m | €9.3m | €11.8m | €11.1m | ▼ 6.4% |
| Amounts receivable after more than one year29 | €204,554 | €208,788 | €216,513 | €180,000 | €107,527 | ▼ 40.3% |
| Other amounts receivable291 | €204,554 | €208,788 | €216,513 | €180,000 | €107,527 | ▼ 40.3% |
| Stocks and contracts in progress3 | €22,987 | €20,657 | €12,855 | €29,831 | €25,837 | ▼ 13.4% |
| Stocks30/36 | €22,987 | €20,657 | €12,855 | €29,831 | €25,511 | ▼ 14.5% |
| Goods purchased for resale34 | €22,987 | €20,657 | €12,855 | €29,831 | €25,511 | ▼ 14.5% |
| Contracts in progress37 | - | - | - | - | €326 | - |
| Amounts receivable within one year40/41 | €809,027 | €636,797 | €810,107 | €1.2m | €749,915 | ▼ 34.9% |
| Trade receivables40 | €191,204 | €248,888 | €619,091 | €949,951 | €607,839 | ▼ 36.0% |
| Other amounts receivable41 | €617,823 | €387,908 | €191,016 | €201,820 | €142,076 | ▼ 29.6% |
| Current investments50/53 | €854,291 | €1.2m | €7.8m | €10.2m | €6.7m | ▼ 34.6% |
| Other investments51/53 | €854,291 | €1.2m | €7.8m | €10.2m | €6.7m | ▼ 34.6% |
| Cash at bank and in hand54/58 | €4.6m | €7.1m | €381,944 | €195,273 | €3.5m | ▲ 1,688% |
| Deferred charges and accrued income490/1 | €10,471 | €10,526 | €42,341 | €44,753 | €13,107 | ▼ 70.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €35.6m | €36.1m | €37.4m | €40.4m | €44.6m | ▲ 10.3% |
| Equity10/15 | €26.3m | €27.6m | €29.2m | €31.8m | €35.5m | ▲ 11.6% |
| Contributions10/11 | €7.0m | €7.0m | €7.0m | €7.0m | €7.0m | = |
| Reserves13 | €19.3m | €20.6m | €22.1m | €24.8m | €28.5m | ▲ 14.9% |
| Tax-exempt reserves132 | €839,634 | €839,634 | €1.4m | €1.2m | €1.2m | = |
| Distributable reserves133 | €18.4m | €19.8m | €20.8m | €23.5m | €27.2m | ▲ 15.7% |
| Profit (loss) carried forward14 | €12,038 | €12,038 | €12,038 | €12,038 | €12,038 | = |
| Investment grants15 | €9,244 | €8,161 | €7,078 | €5,995 | €4,912 | ▼ 18.1% |
| Provisions and deferred taxes16 | €850 | €750 | €650 | €551 | €451 | ▼ 18.1% |
| Deferred taxes168 | €850 | €750 | €650 | €551 | €451 | ▼ 18.1% |
| Amounts payable17/49 | €9.3m | €8.5m | €8.3m | €8.6m | €9.1m | ▲ 5.6% |
| Amounts payable after more than one year17 | €7.8m | €7.6m | €7.8m | €8.2m | €8.6m | ▲ 4.4% |
| Financial debts170/4 | €7.8m | €7.6m | €7.8m | €8.2m | €8.6m | ▲ 4.4% |
| Credit institutions173 | €531,619 | €42,453 | €0 | - | - | - |
| Other loans174 | €7.3m | €7.6m | €7.8m | €8.2m | €8.6m | ▲ 4.4% |
| Amounts payable within one year42/48 | €1.4m | €841,036 | €426,290 | €395,866 | €524,072 | ▲ 32.4% |
| Current portion of amounts payable after more than one year42 | €1.1m | €489,165 | €42,453 | €0 | - | - |
| Financial debts43 | €0 | - | - | - | - | - |
| Credit institutions430/8 | €0 | - | - | - | - | - |
| Trade debts44 | €27,835 | €67,624 | €110,736 | €24,700 | €121,957 | ▲ 394% |
| Suppliers440/4 | €27,835 | €67,624 | €110,736 | €24,700 | €121,957 | ▲ 394% |
| Taxes, remuneration and social security45 | €327,225 | €284,047 | €259,494 | €355,602 | €384,841 | ▲ 8.2% |
| Taxes450/3 | €223,080 | €160,247 | €152,217 | €214,052 | €208,236 | ▼ 2.7% |
| Remuneration and social security454/9 | €104,145 | €123,799 | €107,277 | €141,550 | €176,605 | ▲ 24.8% |
| Other amounts payable47/48 | €11,136 | €200 | €13,606 | €15,563 | €17,274 | ▲ 11.0% |
| Accrued charges and deferred income492/3 | €0 | €134 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,419 | €1.4m | €1.5m | €2.7m | €3.7m | ▲ 39.1% |
| + Depreciation and write-downs630 | €77,502 | €78,390 | €80,313 | €151,190 | €152,340 | ▲ 0.8% |
| Operating cash flow (approximation) | €88,921 | €1.4m | €1.6m | €2.8m | €3.9m | ▲ 37.1% |
| Investment in fixed assets (approximation) | - | €2.1m | -€1.3m | -€586,751 | -€5.1m | ▼ 769% |
| Change in cash | - | €2.5m | -€6.7m | -€186,671 | €3.3m | ▲ 1,866% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · consolidated
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity doublescurrent ratio 10.96
Current ratio from 4.52 to 10.96; short-term debt falls from €1.4m to €841,036.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €11,419 ▼99.8%
Net result drops to €11,419, the lowest in the series; recovery starts the following year.
Show earlier events
2020
31-12
Financial
Highest result since 2018net €6.3m ▲181%
Net result €6.3m, the highest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 4.76
Current ratio from 1.15 to 4.76; short-term debt falls from €9.3m to €2.5m.
31-12
Financial
Equity above €25mEq €26.3m ▲31.6%
3 profitable years in a row build equity to €26.3m.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ieper · 1 establishment unit since 2000
Ground area
1.1 ha
Building footprint
6,360 m²
Volume, LiDAR
43,105 m³
2 parcels, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
Oude Houtmarktstraat 9, 8900 Ieper
since 20002.097.675.874
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33302A0286/00L003 | Flanders | 1.0 ha | 1 · 6,302 m² | 13.1 m · 2 fl. |
| 33011G0283/00B000 | Flanders | 512 m² | 1 · 58 m² | 13.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
7 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 7
-
100%
-
100%
-
100%
-
100%
-
100%
-
80%
-
80%
According to the 2025 annual accounts of FABACO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,639 EUR awarded · 8,374 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 707 EUR | 707 EUR |
| 2024 | 1 | 614 EUR | 3,524 EUR |
| 2023 | 1 | 0 EUR | 3,825 EUR |
| 2022 | 1 | 318 EUR | 318 EUR |
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 3,244 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-11-2000
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473201830
Registered
28-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.