FABAS
Open bankruptcyA bankruptcy procedure is open for FABAS according to publications in the Belgian State Gazette; curator: DIANE OSSIEUR. The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €220k and a net result of €29k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2022, micro schema
Equity
€220k▲ 15.3%
2021 · €191k
2018: €83k
2019: €98k
2020: €113k
2021: €191k
2018 → 2022
Total assets
€365k▼ 15.9%
2021 · €434k
2018: €207k
2019: €222k
2020: €342k
2021: €434k
2018 → 2022
Net result
€29k▼ 62.2%
2021 · €77k
2018: €10k
2019: €15k
2020: €14k
2021: €77k
2018 → 2022
Working capital
€211k▲ 16.1%
2021 · €182k
2018: €74k
2019: €89k
2020: €104k
2021: €182k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€83k-€98k▲ 18.2%€113k▲ 15.3%€191k▲ 68.7%€220k▲ 15.3%
Operating result€9k-€26k▲ 208%€12k▼ 52.4%€108k▲ 767%€34k▼ 69.0%
Net result€10k-€15k▲ 58.6%€14k▼ 8.3%€77k▲ 456%€29k▼ 62.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 69% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €365k
Fixed assets
€9k=
Current assets
€356k▼ 16.2%
Equity and liabilities €365k
Equity
€220k▲ 15.3%
Debt
€145k▼ 40.3%
The debt ratio falls from 56.0% to 39.8%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
60.2%▲
2021 · 44.0%
Current ratio
2.45▲
2021 · 1.75
Quick ratio
2.45▲
2021 · 1.75
Debt / equity
0.66▼
2021 · 1.27
ROE
13.3%▼
2021 · 40.4%
ROA
8.0%▼
2021 · 17.8%
Debt
€145k▼
2021 · €243k
Debt ≤ 1 year
€145k▼
2021 · €243k
Income taxes
€13k▼
2021 · €38k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€434k€365k▼
Fixed assets21/28€9k€9k=
Financial fixed assets28€9k€9k=
Current assets29/58€425k€356k▼
Amounts receivable within one year40/41€346k€275k▼
Trade receivables40€127k€12k▼
Other amounts receivable41€219k€264k▲
Cash at bank and in hand54/58€79k€80k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€434k€365k▼
Equity10/15€191k€220k▲
Contributions10/11€8k€8k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€181k€210k▲
Amounts payable17/49€243k€145k▼
Amounts payable within one year42/48€243k€145k▼
Trade debts44€148k€75k▼
Suppliers440/4€148k€75k▼
Taxes, remuneration and social security45€82k€70k▼
Taxes450/3€82k€70k▼
Other amounts payable47/48€13k-
Income statement
Code20212022
Other operating charges640/8€2k-
Gross operating margin9900€110k€34k▼
Operating profit (loss)9901€108k€34k▼
Financial income75/76B€8k€11k▲
Recurring financial income75€8k€11k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€115k€42k▼
Income taxes67/77€38k€13k▼
Profit (loss) for the period9904€77k€29k▼
Profit (loss) for the period to be appropriated9905€77k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€181k€210k▲
Profit (loss) brought forward from the previous period14P€104k€181k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL FABAS RUE THEODORE VERHAEGEN 196-, 1060 SAINT-GILLES · event 13-10-2025
12-09
KBO administration
Address struck
2024
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 241 days late
17-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 535 days late
2022
31-12
Financial
Equity above €200kEq €220k ▲15.3%
5 profitable years in a row build equity to €220k.
24-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 208 days late
2021
31-12
Financial
Highest result since 2018net €77k ▲456%
Operating result €108k, net result €77k, both a record.
31-12
Financial
Equity above €150kEq €191k ▲68.7%
4 profitable years in a row build equity to €191k.
16-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 200 days late
2020
31-12
Financial
Equity above €100kEq €113k ▲15.3%
3 profitable years in a row build equity to €113k.
16-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 229 days late
2018
05-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 36 days late
16-02
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 200 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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
1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
3,039 m²
Building footprint
2,577 m²
Volume, LiDAR
36,988 m³
2 parcels, Brussels · tallest building 26.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
FABAS
since 20162.253.653.458
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21802B1300/00B000 | Brussels | 2,238 m² | 1 · 2,136 m² | 26.9 m · 4 fl. |
| 21562A0329/00R012 | Brussels | 801 m² | 1 · 441 m² | 22.6 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DIANE OSSIEUR AVENUE H. & F. LIMBOURG 19,
1070 ANDERLECHT |
13-10-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.253.653.458
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Of 430 companies in sector 53100 we hold annual accounts for 126. 81 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-02-2016
Fiscal year end31-12
Activities, NACEBEL
53100Postal and courier activities
49410Freight transport by road
52249Warehousing and support activities for transportation
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.