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Active
BE 0425.295.114Public limited company
Fagus Finance
Kustlaan 180 ·8300 Knokke-Heist, Belgium· 42 yrs active
Sector: Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen
(46392)
Conclusion
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.
Based on the State Gazette, CBE and 7 annual accounts.
Key figures
| Equity | €22.64M |
| Net result | €1.11M |
| Better than sector | 95% |
| Active | 42 yrs |
Financial profile
69
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
72
Profitability
59
Solvency
69
Growth
46
Stability
100
Bankruptcy probability (12 mo)
0.4%
Very low
0%0,5%1,5%4%10%≥25%
Long track record
−Multiple establishment units
+Annual accounts: healthy financial profile
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1983, 42 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
72
/ 100
Healthy
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 03-07-2025 with the NBB · fiscal year 2024 · volledig
The figures below are the statutory (non-consolidated) annual accounts. This company also files consolidated accounts; the group figures can differ substantially.
No trend projection for this company: it files both statutory and consolidated annual accounts. The statutory figures above track the parent, and they jump when activities move inside the group, not when the business grows or shrinks. A trend through such a series measures a restructuring, not a business trajectory.
Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (full schema)
| 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 |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€327k
0.0%
18-24
€34k
-
18-24
€1.11M
+64.2%
18-24
€1.20M
+53.4%
18-24
€23.55M
+0.1%
18-24
€22.64M
0.0%
18-24
€-213k
+27.1%
18-24
€499
+5.2%
18-24
Show 13 other metrics
€1.10M
-4.3%
18-24
€911k
+0.8%
18-24
€570k
+5.1%
18-24
€341k
-5.6%
18-24
0.63
+35.7%
18-24
0.63
+35.7%
18-24
96.1%
0.0%
18-24
0.04
+0.8%
18-24
4.9%
+64.1%
18-24
4.7%
+64.1%
18-24
337.9%
+64.2%
18-24
10.5%
-
18-24
1.70
-
18-24
Figures by fiscal year
| 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) | - |
Ratios (computed)
| 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) | - |
Balance-sheet composition 2024
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| 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 |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
Directors derived from a single State Gazette act, under verification
All 4 current directors first appear in the same act (21085335). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.
Current directors & mandates
-
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
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Statutory auditor
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Gunther LoitsCurrent Statutory auditor |
- | 16-11-2015 → present |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Legal Structure
| 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 |
Connections & network
Group structure
We sit on their board · 1 location
→
We sit on their board · 1 location
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Ownership & control
Fagus FinanceBE 0425.295.114
controls
Where this company holds controlthis company sits on their board2
1 location
1 location
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.
Establishment units
Pieterland
since 19842.024.294.978
Pieterland
since 19952.024.295.077
Pieterland
since 20072.159.563.062
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Flanders
3
(100%)
| 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 | - |
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
03-07-2025
NBB filing
Annual accounts filed
03-07-2025
NBB filing
Annual accounts filed
2024
04-07-2024
NBB filing
Annual accounts filed
04-07-2024
NBB filing
Annual accounts filed
21-02-2024
State Gazette act
Director changes
08-02-2024
State Gazette act
Director changes
01-02-2024
State Gazette act
Statutes amendment
2023
25-07-2023
NBB filing
Annual accounts filed
25-07-2023
NBB filing
Annual accounts filed
2022
01-07-2022
NBB filing
Annual accounts filed
01-07-2022
NBB filing
Annual accounts filed
2021
15-07-2021
State Gazette act
Director changes
23-06-2021
NBB filing
Annual accounts filed
23-06-2021
NBB filing
Annual accounts filed
2019
28-11-2019
State Gazette act
Director changes
2018
09-05-2018
State Gazette act
Director changes
2015
25-11-2015
State Gazette act
Director changes
16-11-2015
State Gazette act
Director changes
Belgian State Gazette reading coverage
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.
Belgisch Staatsblad, acts
All acts · 8
updated 2 years ago
2024
21-02-2024 1 director appointed, 2 resigning
- Gunther Loits, Commissaris
- Charles Prion Pansius, Bestuurder
- Gunther Loits, Commissaris
Summary:
v3.2
Technical details
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- Charles Prion Pansius, Bestuurder
Summary:
v3.2
Technical details
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}01-02-2024 Articles of association amended
Summary:
v3.2
Technical details
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15-07-2021 5 directors appointed
- Michel De Brauwer, Bestuurder
- Geert De Brauwer, Bestuurder
- Jan De Brauwer, Bestuurder
- Luk De Brauwer, Bestuurder
- Gunther Loits, Commissaris
Summary:
v3.2
Technical details
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28-11-2019 Charles Prion Pansius appointed as director
- Charles Prion Pansius, Bestuurder
Summary:
v3.2
Technical details
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09-05-2018 1 director appointed, 1 resigning
- Gunther Loits, Commissaris
- Gunther Loits, Commissaris
Summary:
v3.2
Technical details
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25-11-2015 Charles Prion Pansius appointed as board member
- Charles Prion Pansius, Board member
Summary:
v3.2
Technical details
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}16-11-2015 5 directors appointed
- Michel De Brauwer, Gedelegeerd bestuurder
- Geert De Brauwer, Bestuurder
- Jan De Brauwer, Bestuurder
- Luk De Brauwer, Bestuurder
- Gunther Loits, Commissaris
Summary:
v3.2
Technical details
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}Credit advice
Company registry (CBE)
Activities
Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen46392Overige niet-gespecialiseerde groothandel in voedings- en genotmiddelen51392
Primary activity highlighted.
Names & trade names
| Legal nameNL | Fagus Finance |
Registered office
Kustlaan 180 bus 2
8300 Knokke-Heist, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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