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FAHIFANE

Open bankruptcy
Public limited companyfounded 1992Louizalaan 250, 1050 Elsene, BelgiumKBO/BCE: BE 0448.253.727

A bankruptcy procedure is open for FAHIFANE according to publications in the Belgian State Gazette; curator: MéLANIE VALLES RUIZ.

Summary

The file additionally contains 4 interim measures and 1 judicial reorganisation. The 2023 annual accounts show equity of €6.3m and a net result of -€12,511.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
French-language Enterprise Court of Brussels
Declared bankrupt
3 November 2025
Supervising judge
Paul Vanderhoeven
Official Gazette
07-11-2025 (pdf) ↗search the document for 2025/146015

Deadlines

Appeal or third-party opposition until
passed on 22 November 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 3 December 2025art. XX.104 and XX.155 CEL
First verification report
passed on 10 December 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
3 November 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 16 September 1992, FAHIFANE was incorporated.1 Total assets went from EUR 372,120 in 2018 to EUR 9.5 million in 2023.2 The company was declared bankrupt on 3 November 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 07-11-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, full schema

Turnover
€33,350▲ 12.0%
2018 · €29,780
EBIT margin
-77.7%▲ 45.2pp
2018 · -122.9%
Net result
-€12,511▲ 69.6%
2022 · -€41,142
Working capital
-€171,595▲ 11.1%
2022 · -€193,029
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Turnover€33,350▲ 12.0%
Operating result-€25,898▲ 29.2%€50,170€60,633▲ 20.9%€5,705▼ 90.6%€34,462▲ 504%
Net result-€25,958▲ 29.2%€45,361€3,268▼ 92.8%-€41,142-€12,511▲ 69.6%
EBIT margin-77.7%▲ 45.2pp
Equity€94,859▼ 21.5%€1.8m▲ 1,792%€1.8m▲ 0.2%€6.3m▲ 250%€6.3m▼ 0.2%
Total assets€364,358▼ 2.1%€4.1m▲ 1,031%€4.1m▼ 0.8%€8.4m▲ 107%€9.5m▲ 12.8%
Debt€269,499▲ 7.2%€2.3m▲ 763%€2.3m▼ 1.6%€2.2m▼ 6.0%€3.3m▲ 50.9%
Working capital-€264,305▼ 8.0%-€57,544▲ 78.2%-€211,720▼ 268%-€193,029▲ 8.8%-€171,595▲ 11.1%
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000Operating result 2019: -€25,898-€25,898Net result 2019: -€25,958-€25,958Operating result 2020: €50,170€50,170Net result 2020: €45,361€45,361Operating result 2021: €60,633€60,633Net result 2021: €3,268€3,268Operating result 2022: €5,705€5,705Net result 2022: -€41,142-€41,142Operating result 2023: €34,462€34,462Net result 2023: -€12,511-€12,51120192020202120222023-€50,000€0€50,000Operating result 2021: €60,633€60,600Net result 2021: €3,268€3,270Operating result 2022: €5,705€5,700Net result 2022: -€41,142-€41,100Operating result 2023: €34,462€34,500Net result 2023: -€12,511-€12,500202120222023
The operating result recovers in 2023; 2023 is 504% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €9.5m
Fixed assets €8.3m ▼ 1.8%
Current assets €1.2m ▲ 728,153%
Equity and liabilities €9.5m
Equity €6.3m ▼ 0.2%
Debt €3.3m ▲ 50.9%
Debt's share of the balance-sheet total rises from 25.5% to 34.1%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
€214,382▲
2022 · €182,656
Cash flow
€167,409▲
2022 · €135,810
Current ratio
0.88▲
2022 · 0.00
Debt to equity
0.52▲
2022 · 0.34
ROE
-0.2%▲
2022 · -0.7%
ROA
-0.1%▲
2022 · -0.5%
Interest coverage
4.31▲
2022 · 3.90
Debt ≤ 1 year
€1.4m▲
2022 · €193,198
Debt > 1 year
€1.8m▼
2022 · €2.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 44 lines
Balance sheet Code20222023
Assets
Total assets20/58€8.4m€9.5m▲
Fixed assets21/28€8.4m€8.3m▼
Intangible fixed assets21-€49,697
Tangible fixed assets22/27€4.3m€4.1m▼
Land and buildings22€4.2m€4.1m▼
Plant, machinery and equipment23€603€483▼
Other tangible fixed assets26€23,841-
Financial fixed assets28€4.2m€4.2m=
Current assets29/58€170€1.2m▲
Amounts receivable within one year40/41-€1.2m
Other amounts receivable41-€1.2m
Cash at bank and in hand54/58€170€63▼
Equity and liabilities
Total equity and liabilities10/49€8.4m€9.5m▲
Equity10/15€6.3m€6.3m▼
Contributions10/11€247,894€247,894=
Capital10€247,894€247,894=
Issued capital100€247,894€247,894=
Revaluation surpluses12€6.0m€6.0m=
Profit (loss) carried forward14€8,053-€4,458▼
Amounts payable17/49€2.2m€3.3m▲
Amounts payable after more than one year17€2.0m€1.8m▼
Financial debts170/4€2.0m€1.8m▼
Amounts payable within one year42/48€193,198€1.4m▲
Current portion of amounts payable after more than one year42€121,936€124,736▲
Financial debts43-€79,947
Credit institutions430/8-€79,947
Trade debts44€37,212€63,339▲
Suppliers440/4€37,212€63,339▲
Advances received on contracts in progress46€2,400€2,400=
Other amounts payable47/48€31,651€1.1m▲
Accrued charges and deferred income492/3€7,700€16,400▲
Income statement Code20222023
Goods, raw materials, services and sundry goods60/61€48,586€41,611▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€176,951€179,920▲
Gross operating margin9900€182,656€214,382▲
Operating profit (loss)9901€5,705€34,462▲
Financial income75/76B€36€2,716▲
Recurring financial income75€36€2,716▲
Financial charges65/66B€46,882€49,689▲
Recurring financial charges65€46,882€49,689▲
Profit (loss) for the period before taxes9903-€41,142-€12,511▲
Profit (loss) for the period9904-€41,142-€12,511▲
Profit (loss) for the period to be appropriated9905-€41,142-€12,511▲
Appropriation of the result
Profit (loss) to be appropriated9906€8,053-€4,458▼
Profit (loss) brought forward from the previous period14P€49,194€8,053▼

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Turnover70€33,350-----
Goods, raw materials, services and sundry goods60/61--€34,690€48,586€41,611▼ 14.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,005€107,588€118,912€176,951€179,920▲ 1.7%
Gross operating margin9900-€7,765€159,019€179,545€182,656€214,382▲ 17.4%
Operating profit (loss)9901-€25,898€50,170€60,633€5,705€34,462▲ 504%
Financial income75/76B---€36€2,716▲ 7,445%
Recurring financial income75-€2,776-€36€2,716▲ 7,445%
Financial charges65/66B--€57,365€46,882€49,689▲ 6.0%
Recurring financial charges65-€7,585€57,365€46,882€49,689▲ 6.0%
Profit (loss) for the period before taxes9903-€25,958€45,361€3,268-€41,142-€12,511▲ 69.6%
Profit (loss) for the period9904-€25,958€45,361€3,268-€41,142-€12,511▲ 69.6%
Profit (loss) for the period to be appropriated9905-€25,958€45,361€3,268-€41,142-€12,511▲ 69.6%
Line20192020202120222023Change
Assets
Total assets20/58€364,358€4.1m€4.1m€8.4m€9.5m▲ 12.8%
Fixed assets21/28€359,164€4.0m€4.1m€8.4m€8.3m▼ 1.8%
Intangible fixed assets21----€49,697-
Tangible fixed assets22/27€359,164€2.6m€2.7m€4.3m€4.1m▼ 4.7%
Land and buildings22--€2.6m€4.2m€4.1m▼ 4.2%
Plant, machinery and equipment23--€724€603€483▼ 20.0%
Other tangible fixed assets26--€24,705€23,841--
Financial fixed assets28-€1.4m€1.4m€4.2m€4.2m=
Current assets29/58€5,194€75,399€1,109€170€1.2m▲ 728,153%
Amounts receivable within one year40/41-€57,215--€1.2m-
Other amounts receivable41----€1.2m-
Cash at bank and in hand54/58€5,194€17,761€685€170€63▼ 62.6%
Deferred charges and accrued income490/1--€424---
Equity and liabilities
Total equity and liabilities10/49€364,358€4.1m€4.1m€8.4m€9.5m▲ 12.8%
Equity10/15€94,859€1.8m€1.8m€6.3m€6.3m▼ 0.2%
Contributions10/11€247,894€247,894€247,894€247,894€247,894=
Capital10--€247,894€247,894€247,894=
Issued capital100--€247,894€247,894€247,894=
Revaluation surpluses12--€1.5m€6.0m€6.0m=
Profit (loss) carried forward14-€153,035€45,926€49,194€8,053-€4,458▼ 155%
Amounts payable17/49€269,499€2.3m€2.3m€2.2m€3.3m▲ 50.9%
Amounts payable after more than one year17-€2.2m€2.1m€2.0m€1.8m▼ 6.4%
Financial debts170/4--€2.1m€2.0m€1.8m▼ 6.4%
Amounts payable within one year42/48€269,499€132,943€212,828€193,198€1.4m▲ 628%
Current portion of amounts payable after more than one year42--€109,369€121,936€124,736▲ 2.3%
Financial debts43--€13,000-€79,947-
Credit institutions430/8--€13,000-€79,947-
Trade debts44€29,377€15,920€20,140€37,212€63,339▲ 70.2%
Suppliers440/4--€20,140€37,212€63,339▲ 70.2%
Advances received on contracts in progress46--€500€2,400€2,400=
Other amounts payable47/48--€69,819€31,651€1.1m▲ 3,489%
Accrued charges and deferred income492/3--€2,883€7,700€16,400▲ 113%
Line20192020202120222023Change
Profit (loss) for the period9904-€25,958€45,361€3,268-€41,142-€12,511▲ 69.6%
+ Depreciation and write-downs630€17,005€107,588€118,912€176,951€179,920▲ 1.7%
Operating cash flow (approximation)-€8,953€152,949€122,180€135,810€167,409▲ 23.3%
Investment in fixed assets (approximation)--€3.8m-€160,040-€4.5m-€29,940▲ 99.3%
Change in cash-€12,567-€17,076-€516-€106▲ 79.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
07-11
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 03-11-2025
26-09
Interim measure Provisional administrator
Tribunal de l’entreprise francophone de Bruxelles · EMILIE MICHEL
19-09
Interim measure Provisional administrator
Tribunal de l’entreprise francophone de Bruxelles · ALAIN HENDERICKX
19-09
Interim measure Provisional administrator
Tribunal de l’entreprise francophone de Bruxelles · EMMANUELLE BOUILLON
15-04
Interim measure Provisional administrator
Tribunal de l’entreprise francophone de Bruxelles · Nicholas OUCHINSKY
25-02
Judicial reorganisation Court officer appointed
Tribunal de l’entreprise francophone de Bruxelles
2024
08-11
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 100 days late
2023
01-09
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2022
31-12
Financial Weakest financial yearnet -€41,142
Net result drops to -€41,142, the lowest in the series.
31-12
Financial Equity above €5mEq €6.3m ▲250%
Equity rises from €1.8m to €6.3m.
12-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 12 days late
2021
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
31-12
Financial Back to profitnet €45,361
Net result €45,361 after 2 loss-making years.
31-12
Financial Equity above €1mEq €1.8m ▲1,792%
Equity rises from €94,859 to €1.8m.
20-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
11-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
06-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
23-06
NBB filing Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
3,191 m²
Building footprint
944 m²
Volume, LiDAR
35,380 m³
2 parcels, Brussels, Flanders · tallest building 45.4 m, ±14 floors. Linked by address, not a title deed.
98 companies at this address See who is registered here
1 establishment unit
Fahifane
Waterloose Steenweg 258, 1640 Sint-Genesius-RodeReal estate activities
since 19922.177.337.026
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
22552E0043/00E045 Flanders 2,213 m² 1 · 55 m² 11.6 m · 1 fl.
21807G0123/00P004 Brussels 977 m² 1 · 890 m² 45.4 m · 14 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

5 mandates
Role Name Tenure
Curator MéLANIE VALLES RUIZ
DREVE DES RENARDS 8, 1180 UCCLE
03-11-2025 → present
Interim administrator EMILIE MICHEL 26-09-2025 → present
Interim administrator ALAIN HENDERICKX 19-09-2025 → present
Interim administrator EMMANUELLE BOUILLON 19-09-2025 → present
Interim administrator Nicholas OUCHINSKY 15-04-2025 → present

Structure & network

Owners and holdings

1 owner · 1 holding

Chain of control

  1. IMMO DBK 66 100%
  2. FAHIFANE

Highest known parent: IMMO DBK 66. The sources do not say who stands above it.

Owners 1

Holdings 1

According to the 2023 annual accounts of FAHIFANE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded16-09-1992
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.