Fagus Finance
The computed 12-month bankruptcy probability of Fagus Finance is 0.4% (very low). The 2024 annual accounts show equity of €22.64M and a net result of €1.11M. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 95% of 549 sector peers (fiscal year 2024). The company has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €22.64M |
| Net result | €1.11M |
| Better than sector | 95% |
| Active | 42 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 96.1% | 31.0% | |
| Net result | €1.11M | €47k | |
| Equity | €22.64M | €468k | |
| Total assets | €23.55M | €1.82M |
Show 13 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | €327k |
| EBITDA | €34k |
| Net profit | €1.11M |
| Cash flow | €1.20M |
| Staff costs | - |
| Income taxes | €499 |
| Dividends | €1.10M |
| Total assets | €23.55M |
| Equity | €22.64M |
| Debt | €911k |
| of which ≤ 1y | €570k |
| of which > 1y | €341k |
| Working capital | €-213k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.63 |
| Quick ratio | 0.63 |
| Working capital ratio | -0.9% |
| Solvency | 96.1% |
| Debt / equity | 0.04 |
| Long-term debt ratio | 0.02 |
| Interest coverage | 1.70 |
| Gross margin | - |
| Net margin | 337.9% |
| ROA | 4.7% |
| ROE | 4.9% |
| EBITDA margin | 10.5% |
| Days sales outstanding | 33d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €23.55M |
| Fixed assets | 21/28 | €23.19M |
| Tangible fixed assets | 22/27 | €1.66M |
| Financial fixed assets | 28 | €21.54M |
| Current assets | 29/58 | €358k |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €72k |
| Cash & bank | 54/58 | €285k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €23.55M |
| Equity | 10/15 | €22.64M |
| Contributions / capital | 10/11 | €2.59M |
| Reserves | 13 | €271k |
| Accumulated profits (losses) | 14 | €19.78M |
| Amounts payable | 17/49 | €911k |
| Amounts payable after one year | 17 | €341k |
| Amounts payable within one year | 42/48 | €570k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Turnover | 70 | €327k |
| Operating result | 9901 | €-59k |
| Financial income | 75 | €1.19M |
| Financial charges | 65 | €23k |
| Result before taxes | 9903 | €1.11M |
| Income taxes | 67/77 | €499 |
| Net result for the period | 9904 | €1.11M |
| Result to be appropriated | 9905 | €1.11M |
-
Geert De BrauwerDirectorState Gazette act 21085335 (15-07-2021)Current16-11-2015 → present
2 events
- 15-07-2021 Appointed· Director
- 16-11-2015 Appointed· Director
-
Jan De BrauwerDirectorState Gazette act 21085335 (15-07-2021)Current16-11-2015 → present
2 events
- 15-07-2021 Appointed· Director
- 16-11-2015 Appointed· Director
-
Luk De BrauwerDirectorState Gazette act 21085335 (15-07-2021)Current16-11-2015 → present
2 events
- 15-07-2021 Appointed· Director
- 16-11-2015 Appointed· Director
-
Michel De BrauwerDirectorState Gazette act 21085335 (15-07-2021)Current16-11-2015 → present
2 events
- 15-07-2021 Appointed· Director
- 16-11-2015 Appointed· Managing director
Former directors (1)
-
Charles Prion PansiusDirectorState Gazette act 24025146 (08-02-2024)Former25-11-2015 → 21-02-2024
4 events
- 21-02-2024 Resigned· Director
- 08-02-2024 Appointed· Director
- 28-11-2019 Appointed· Director
- 25-11-2015 Appointed· Board member
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Gunther LoitsCurrent Statutory auditor |
- | 16-11-2015 → present |
| NACE primary | Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen(46392) |
| Legal form | Public limited company(014) |
| Incorporation | 29-12-1983 |
| Status | Active |
| Postal code | 8300 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086B0348/00F000 | Flanders | 4,884 m² | 1 · 1,125 m² | 13.9 m · 4 fl. |
| 24302F0075/00F005 | Flanders | 4,588 m² | 1 · 277 m² | 9.2 m · 2 fl. |
| 31332E1084/00B004 | Flanders | 2,488 m² | 1 · 483 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
12-08-2025 Act object · General meeting · Officer resignation · Officer reappointment
- Act object: Herbenoeming bestuurders - herbenoeming commissaris · Pietercil Delby's
- Publication: 2025-08-12 · Pietercil Delby's
- Filing: 2025-08-05 · Pietercil Delby's
- General meeting: 2025-05-14 · Pietercil Delby's
- Officer resignation: role: bestuurder · Fagus Finance NV
- Officer resignation: role: bestuurder · De Eik N.V.
- Officer reappointment: role: bestuurder, term: 3 years, start_date: 2025-05-14 · Fagus Finance NV
- Officer reappointment: role: bestuurder, term: 3 years, start_date: 2025-05-14 · De Eik N.V.
- Auditor reappointment: term: 3 years · Grant Thornton Bedrijfsrevisoren C.V.
- Permanent representative · Demeulemeester Philip
- Auditor resignation: reason: einde mandaat · Grant Thornton Bedrijfsrevisoren C.V.
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}21-02-2024 1 director appointed, 2 resigning
- Gunther Loits, Commissaris
- Charles Prion Pansius, Bestuurder
- Gunther Loits, Commissaris
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- Charles Prion Pansius, Bestuurder
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- Michel De Brauwer, Bestuurder
- Geert De Brauwer, Bestuurder
- Jan De Brauwer, Bestuurder
- Luk De Brauwer, Bestuurder
- Gunther Loits, Commissaris
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- Charles Prion Pansius, Bestuurder
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- Gunther Loits, Commissaris
- Gunther Loits, Commissaris
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}25-11-2015 Charles Prion Pansius appointed as board member
- Charles Prion Pansius, Board member
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- Michel De Brauwer, Gedelegeerd bestuurder
- Geert De Brauwer, Bestuurder
- Jan De Brauwer, Bestuurder
- Luk De Brauwer, Bestuurder
- Gunther Loits, Commissaris
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}| Legal nameNL | Fagus Finance |