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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).

History

FAES & CO was incorporated on 3 June 1992.1 Total assets rose from €5.0m in 2018 to €5.9m in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2024

Acts, filings and financial milestones

2025
28-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 28 days late
2024
15-11
NBB filing Annual accounts filed
financial year 2023 · micro format · 107 days late
06-03
Gazette deed Resignations: Guy Faes (manager) and Genesia Faes (manager)
Appointments: Guy Faes (director) and Genesia Faes (director) · Amendment of the articles · Legal-form conversion10 facts ▸
  • General meeting, 26-02-2024
  • Amendment of the articles (2 times)
  • Legal-form conversion, “naamloze vennootschap” (deed in Dutch)
  • Director resignation, Guy Faes (manager)
  • Director resignation, Genesia Faes (manager)
  • Other provision, “uitoefening mandaat, kwijting ontslagnemende zaakvoerder(s)” (deed in Dutch)
  • Director appointment, Guy Faes (director)
  • Director appointment, Genesia Faes (director)
  • Other provision, “verbintenissen daterend van vóór tijdstip tegenwerpbaarheid omzettingsakte aan derden, aansprakelijkheid gecommanditeerde vennoten” (deed in Dutch)
  • Capital, €1,292,764.73
2023
31-12
Financial Weakest financial yearnet -€241,881
Net result drops to -€241,881, the lowest in the series; recovery starts the following year.
06-10
NBB filing Annual accounts filed
financial year 2022 · micro format · 67 days late
2022
31-10
NBB filing Annual accounts filed
financial year 2021 · micro format · 92 days late
2021
29-07
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
30-10
NBB filing Annual accounts filed
financial year 2019 · micro format · 91 days late
2019
31-12
Financial Highest result from 2018 to 2024net €1.5m ▲1,182%
Operating result €2.3m, net result €1.5m, both a record.
31-12
Financial Liquidity more than 8 timescurrent ratio 2.17
Current ratio from 0.25 to 2.17.
30-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 30 days late
2018
28-09
NBB filing Annual accounts filed
financial year 2017 · micro format · 59 days late
2017
31-08
NBB filing Annual accounts filed
financial year 2016 · micro format · 31 days late
2016
29-08
NBB filing Annual accounts filed
financial year 2015 · abbreviated format · 29 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 32 annual accounts filed, the latest 10 are here; all 32 are under Financials.
1 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

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