FAES & CO

Active

Public limited companyfounded 1992active for 34 yearsBreemlaan 16, 2530 Boechout, BelgiumKBO/BCE: BE 0447.558.790

Summary

FAES & CO has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.0m and a net result of -€88,710. Equity is shrinking by about 3.7% per year across the filed financial years. Its solvency ranks better than 65% of 19,152 sector peers (NACE 68, financial year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow Report Compare

FAES & COActiveChecked score 55/100

Risk analysis Report Compare

Activity

Renting and operating of own or leased non-residential real estate, excluding land

NACE 68203

Largest company by equity in Boechout, Real estate sector1 site

Size

€5.9mtotal assets 2024

Equity: €3.0m
Loss: -€88,710

Turnover not published (micro format)

Financial health

55 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 0.4%

Structure

Genesia FaesDirector
Guy FaesDirector

2025 accounts not filed, 85 days past the deadline1 of 5 deeds summarised

Why 55raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 03-09-2025)Liquidity: current ratio 0.03, cash €44,376, halvedlowers riskSize: total assets €5.9mFounded in 1992Show the evidence

Checked score

Score 2024

55 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 38% of its sector peers (NACE 68, small)

A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Average

Solvency 75=

equity 50.2% of total assets

Liquidity 40-3

short-term debt 28.2% · cash 0.8%

Profitability 27+12

return on assets -1.5%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,984 companies, NACE 68, small)

Last 24 months 11-2024: 1.0%highest value 12-2024: 0.2%▼ -0.8 percentage points vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.1%▼ -0.3 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.4%▲ +0.1 percentage points vs 09-2026

Credit of up to €160,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity insufficient (current ratio 0.03, compared with 0.07 in 2023, below 1; short-term debt: 28.2% and cash: 0.8% of total assets), and 49.8% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, small): better than 68% on solvency, 33% on liquidity, 19% on profitability and 32% on growth.

The bankruptcy probability was computed on 24-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.

lowers riskraises risk

Figures for financial year 2024 (filed 03-09-2025)

NBB · annual accounts

Liquidity: current ratio 0.03, cash €44,376, halved

NBB · annual accounts

Size: total assets €5.9m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 1992

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

18192021222324

2018 to 2024 · latest year -€88,710

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 85 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline24-10-2026 today

2024 accounts filed 28 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

28 days late

2023

107 days late

2022

67 days late

2021

92 days late

2020

2 days early

2019

91 days late

← 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 64 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

28-08-2025 Annual accounts filedfinancial year 2024 · micro…
15-11-2024 Annual accounts filedfinancial year 2023 · micro…
06-03-2024 Resignations: Guy Faes (manager) and Genesia…Appointments: Guy Faes (director) and…

Key points

Risk: 4 loss-making years in a rowloss financial year 2024 -€88,710 View
Caution: Among the weakest 5% on net resultsector median €4,583 · 19,140 companies -€88,710 View
Caution: 2025 accounts not fileddeadline was 31-07-2026 85 days past the deadline View
Positive: Result rose in 2024from -€241,881 to -€88,710 ▲ 63.3% View

By topic

Financials

Financial year: 2024
Total assets: €5.9m
Loss: -€88,710
Solvency: 50.2%

Total assets▼ 3.9%

Net result

20182024

Go to Financials

Board & ownership

Board: 2 members

Genesia FaesDirector
Guy FaesDirector

Go to Board & ownership

Timeline

Events: 36
Since: 1994

31-12-2023Weakest financial year
06-10-2023Annual accounts filed
31-10-2022Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Renting and operating of own or leased non-residential…NACE 68203
Founded: 03-06-1992
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 40

Annual meeting: Last Friday of May
Purpose: “Overgaan tot aankoop,uitrusten,valoriseren,bouwen,in erfpacht geven of nemen,opstalrecht…” (deed in Dutch)

Go to Articles of association

Key facts about FAES & CO

What is the company number of FAES & CO?: 0447.558.790. In Belgium the VAT number is the company number with BE in front: BE 0447.558.790.
Where is FAES & CO based?: The registered office is at Breemlaan 16, 2530 Boechout.Company details
What does FAES & CO do?: According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of FAES & CO?: Public limited company (NV).
When was FAES & CO founded?: On 03-06-1992.
Is FAES & CO still active?: Yes, FAES & CO is an active enterprise in the KBO register.
What is the turnover of FAES & CO?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is FAES & CO profitable?: In financial year 2024, FAES & CO made a loss of €88,710.
Where can I find the annual accounts of FAES & CO?: FAES & CO filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2024.