Summary
FABAMA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.5m and a net result of €232,333. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 3320 sector peers (fiscal year 2024). The company has been active since 1999 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 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
14 d early
2022
40 d early
2021
32 d early
2020
37 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€1.5m▲ 18.3%
2023 · €1.3m
Net result
€232,333▲ 22.7%
2023 · €189,400
Total assets
€1.5m▲ 6.0%
2023 · €1.4m
Solvency
98.4%▲ 10.2pp
2023 · 88.1%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€66,342-€26,468▲ 60.1%€3,206€20,491▲ 539%€14,813▼ 27.7%
Net result€20,074within the sector's middle half▼ 97.3%€112,147within the sector's middle half▲ 459%€112,436above the sector's middle half▲ 0.3%€189,400above the sector's middle half▲ 68.5%€232,333above the sector's middle half▲ 22.7%
Equity€1.2mabove the sector's middle half▼ 35.8%€1.3mabove the sector's middle half▲ 9.7%€1.2mabove the sector's middle half▼ 5.7%€1.3mabove the sector's middle half▲ 6.6%€1.5mabove the sector's middle half▲ 18.3%
Total assets€1.8mwithin the sector's middle half▼ 10.2%€1.5mwithin the sector's middle half▼ 16.1%€1.4mabove the sector's middle half▼ 7.7%€1.4mabove the sector's middle half▲ 1.9%€1.5mabove the sector's middle half▲ 6.0%
Debt€676,223▲ 181%€268,829▼ 60.2%€222,871▼ 17.1%€171,262▼ 23.2%€25,109▼ 85.3%
Working capital€731,839above the sector's middle half▼ 46.8%€843,194above the sector's middle half▲ 15.2%€772,176above the sector's middle half▼ 8.4%€851,122above the sector's middle half▲ 10.2%€1.1mabove the sector's middle half▲ 26.9%
Solvency63.0%within the sector's middle half▼ 25.1pp82.5%above the sector's middle half▲ 19.4pp84.3%above the sector's middle half▲ 1.8pp88.1%above the sector's middle half▲ 3.9pp98.4%above the sector's middle half▲ 10.2pp
Current ratio2.08within the sector's middle half▼ 26.354.14above the sector's middle half▲ 2.054.46above the sector's middle half▲ 0.335.97above the sector's middle half▲ 1.5144.00above the sector's middle half▲ 38.03
Return on assets (ROA)1.1%below the sector's middle half▼ 35.7pp7.3%within the sector's middle half▲ 6.2pp7.9%within the sector's middle half▲ 0.6pp13.1%within the sector's middle half▲ 5.2pp15.2%within the sector's middle half▲ 2.1pp
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 28% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets
€425,420 ▲ 0.9%
Current assets
€1.1m ▲ 8.1%
Equity and liabilities €1.5m
Equity
€1.5m ▲ 18.3%
Debt
€25,109 ▼ 85.3%
Debt's share of the balance-sheet total falls from 11.9% to 1.6%. Equity is higher and debt is lower.
Key figures and ratios
ROE
15.4%▲
2023 · 14.9%
Debt ≤ 1 year
€25,109▼
2023 · €171,262
Income taxes
€23,388▲
2023 · €19,085
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 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,176 | €846 | €546 | €546 | €575 | ▲ 5.4% |
| Other operating charges640/8 | - | €440 | €446 | €698 | €637 | ▼ 8.7% |
| Gross operating margin9900 | -€50,530 | -€25,183 | €4,198 | €21,734 | €16,026 | ▼ 26.3% |
| Operating profit (loss)9901 | -€66,342 | -€26,468 | €3,206 | €20,491 | €14,813 | ▼ 27.7% |
| Financial income75/76B | - | €150,000 | €120,733 | €188,113 | €241,043 | ▲ 28.1% |
| Recurring financial income75 | €90,000 | €150,000 | €120,733 | €188,113 | €241,043 | ▲ 28.1% |
| Financial charges65/66B | - | €17 | €120 | €119 | €135 | ▲ 14.0% |
| Recurring financial charges65 | €6,989 | €17 | €120 | €119 | €135 | ▲ 14.0% |
| Profit (loss) for the period before taxes9903 | €22,239 | €123,515 | €123,819 | €208,485 | €255,721 | ▲ 22.7% |
| Income taxes67/77 | €2,165 | €11,368 | €11,383 | €19,085 | €23,388 | ▲ 22.5% |
| Profit (loss) for the period9904 | €20,074 | €112,147 | €112,436 | €189,400 | €232,333 | ▲ 22.7% |
| Profit (loss) for the period to be appropriated9905 | €20,074 | €112,147 | €112,436 | €189,400 | €232,333 | ▲ 22.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €1.5m | €1.4m | €1.4m | €1.5m | ▲ 6.0% |
| Fixed assets21/28 | €421,967 | €422,758 | €422,213 | €421,667 | €425,420 | ▲ 0.9% |
| Tangible fixed assets22/27 | €300 | €1,091 | €546 | - | €3,753 | - |
| Furniture and vehicles24 | - | €1,091 | €546 | - | €3,753 | - |
| Financial fixed assets28 | €421,667 | €421,667 | €421,667 | €421,667 | €421,667 | = |
| Current assets29/58 | €1.4m | €1.1m | €995,047 | €1.0m | €1.1m | ▲ 8.1% |
| Amounts receivable within one year40/41 | €8,598 | €4,553 | €17,466 | - | - | - |
| Trade receivables40 | - | €4,553 | - | - | - | - |
| Other amounts receivable41 | - | - | €17,466 | - | - | - |
| Current investments50/53 | €1.3m | €998,750 | €948,750 | €999,179 | €1.0m | ▲ 2.6% |
| Cash at bank and in hand54/58 | €113,386 | €108,275 | €28,831 | €22,694 | €79,373 | ▲ 250% |
| Deferred charges and accrued income490/1 | - | €446 | - | €511 | €528 | ▲ 3.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €1.5m | €1.4m | €1.4m | €1.5m | ▲ 6.0% |
| Equity10/15 | €1.2m | €1.3m | €1.2m | €1.3m | €1.5m | ▲ 18.3% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €1.1m | €1.2m | €1.1m | €1.2m | €1.4m | ▲ 19.4% |
| Non-distributable reserves130/1 | - | €72,500 | €13,500 | €13,500 | €13,500 | = |
| Legal reserve130 | - | €72,500 | €13,500 | €13,500 | €13,500 | = |
| Distributable reserves133 | - | €1.1m | €1.1m | €1.2m | €1.4m | ▲ 19.6% |
| Profit (loss) carried forward14 | €13,805 | €13,952 | €14,389 | €14,789 | €15,122 | ▲ 2.3% |
| Amounts payable17/49 | €676,223 | €268,829 | €222,871 | €171,262 | €25,109 | ▼ 85.3% |
| Amounts payable within one year42/48 | €676,223 | €268,829 | €222,871 | €171,262 | €25,109 | ▼ 85.3% |
| Trade debts44 | €12,415 | €6,123 | €2,487 | €1,702 | €2,029 | ▲ 19.2% |
| Suppliers440/4 | - | €6,123 | €2,487 | €1,702 | €2,029 | ▲ 19.2% |
| Taxes, remuneration and social security45 | - | - | €11,383 | €18,900 | €23,075 | ▲ 22.1% |
| Taxes450/3 | - | - | €11,383 | €18,900 | €23,075 | ▲ 22.1% |
| Other amounts payable47/48 | - | €262,706 | €209,000 | €150,661 | €5 | ▼ 100.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,074 | €112,147 | €112,436 | €189,400 | €232,333 | ▲ 22.7% |
| + Depreciation and write-downs630 | €7,176 | €846 | €546 | €546 | €575 | ▲ 5.4% |
| Operating cash flow (approximation) | €27,250 | €112,993 | €112,982 | €189,946 | €232,908 | ▲ 22.6% |
| Investment in fixed assets (approximation) | - | -€1,637 | €0 | €0 | -€4,329 | - |
| Change in cash | - | -€5,112 | -€79,444 | -€6,137 | €56,679 | ▲ 1,024% |
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
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 7current ratio 44.00
Current ratio from 5.97 to 44.00; short-term debt falls from €171,262 to €25,109.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €20,074 ▼97.3%
Net result drops to €20,074, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €750,596 ▲572%
Net result €750,596, the highest in the series.
31-12
Financial
Liquidity times 5current ratio 28.44
Current ratio from 5.26 to 28.44; short-term debt falls from €65,556 to €50,148.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Brussel · 1 establishment unit since 2000
Ground area
1,006 m²
Building footprint
849 m²
Volume, LiDAR
8,888 m³
Parcel 21815D0004/00Z005, Brussels · tallest building 15.3 m, ±4 floors. Linked by address, not a title deed.
17
companies at this address
See who is registered here
1 establishment unit
Pannenhuisstraat 20/24, 1020 Brussel
since 20002.093.660.272
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0004/00Z005 | Brussels | 1,006 m² | 1 · 849 m² | 15.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
30%
According to the 2024 annual accounts of FABAMA 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.
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Of 4,673 companies in sector 66220 we hold annual accounts for 3,222. 1,881 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-11-1999
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
Contact
E-mail
nadine.wynsberghe@wynsberghe.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0467214356
Also
9925:BE0467214356
Registered
12-05-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.