FAES
ActiveSummary
FAES has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54,882 and a net result of €3,533. Equity is shrinking by ~4.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
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Signals
This company filed its last 7 accounts on average 18 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 1,214 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,214 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,899 | €24,015 | €24,015 | €24,015 | €24,015 | = |
| Other operating charges640/8 | €10,655 | €10,455 | €10,430 | €10,324 | €8,996 | ▼ 12.9% |
| Gross operating margin9900 | €39,117 | €37,974 | €38,152 | €40,436 | €37,537 | ▼ 7.2% |
| Operating profit (loss)9901 | €2,563 | €3,504 | €3,707 | €6,098 | €4,527 | ▼ 25.8% |
| Financial income75/76B | - | - | €0 | €0 | - | - |
| Recurring financial income75 | - | - | €0 | €0 | - | - |
| Financial charges65/66B | €7,144 | €5,758 | €4,272 | €3,186 | €994 | ▼ 68.8% |
| Recurring financial charges65 | €7,144 | €5,758 | €4,272 | €3,186 | €994 | ▼ 68.8% |
| Profit (loss) for the period before taxes9903 | -€4,581 | -€2,253 | -€564 | €2,912 | €3,533 | ▲ 21.3% |
| Profit (loss) for the period9904 | -€4,581 | -€2,253 | -€564 | €2,912 | €3,533 | ▲ 21.3% |
| Profit (loss) for the period to be appropriated9905 | -€4,581 | -€2,253 | -€564 | €2,912 | €3,533 | ▲ 21.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €764,479 | €740,483 | €721,990 | €692,054 | €668,018 | ▼ 3.5% |
| Fixed assets21/28 | €764,032 | €740,018 | €716,003 | €691,989 | €667,974 | ▼ 3.5% |
| Tangible fixed assets22/27 | €763,534 | €739,519 | €715,505 | €691,490 | €667,476 | ▼ 3.5% |
| Land and buildings22 | €763,534 | €739,519 | €715,505 | €691,490 | €667,476 | ▼ 3.5% |
| Financial fixed assets28 | €498 | €498 | €498 | €498 | €498 | = |
| Current assets29/58 | €446 | €465 | €5,987 | €65 | €44 | ▼ 32.7% |
| Amounts receivable within one year40/41 | - | €232 | €0 | - | - | - |
| Trade receivables40 | - | €232 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €446 | €233 | €5,987 | €65 | €44 | ▼ 32.7% |
| Deferred charges and accrued income490/1 | €0 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €764,479 | €740,483 | €721,990 | €692,054 | €668,018 | ▼ 3.5% |
| Equity10/15 | €51,255 | €49,002 | €48,438 | €51,349 | €54,882 | ▲ 6.9% |
| Contributions10/11 | €441,000 | €441,000 | €441,000 | €441,000 | €441,000 | = |
| Capital10 | €441,000 | €441,000 | €441,000 | €441,000 | €441,000 | = |
| Issued capital100 | €441,000 | €441,000 | €441,000 | €441,000 | €441,000 | = |
| Profit (loss) carried forward14 | -€389,745 | -€391,998 | -€392,562 | -€389,651 | -€386,118 | ▲ 0.9% |
| Amounts payable17/49 | €713,224 | €691,481 | €673,553 | €640,704 | €613,136 | ▼ 4.3% |
| Amounts payable after more than one year17 | €84,379 | €57,012 | €28,042 | €0 | - | - |
| Financial debts170/4 | €84,379 | €57,012 | €28,042 | €0 | - | - |
| Amounts payable within one year42/48 | €628,845 | €634,412 | €642,213 | €640,704 | €604,539 | ▼ 5.6% |
| Current portion of amounts payable after more than one year42 | €25,854 | €27,367 | €28,969 | €28,042 | €0 | ▼ 100% |
| Trade debts44 | - | €174 | €641 | €4,604 | €136 | ▼ 97.1% |
| Suppliers440/4 | - | €174 | €641 | €4,604 | €136 | ▼ 97.1% |
| Other amounts payable47/48 | €602,991 | €606,871 | €612,603 | €608,058 | €604,404 | ▼ 0.6% |
| Accrued charges and deferred income492/3 | - | €57 | €3,297 | €0 | €8,596 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,581 | -€2,253 | -€564 | €2,912 | €3,533 | ▲ 21.3% |
| + Depreciation and write-downs630 | €25,899 | €24,015 | €24,015 | €24,015 | €24,015 | = |
| Operating cash flow (approximation) | €21,318 | €21,761 | €23,450 | €26,926 | €27,548 | ▲ 2.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€213 | €5,754 | -€5,922 | -€21 | ▲ 99.6% |
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
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12393F0135/00A003 | Flanders | 1,308 m² | 1 · 290 m² | 12.4 m · 1 fl. |
| 11346B0461/00M003 | Flanders | 643 m² | 1 · 85 m² | 15.3 m · 4 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.