Faigin
Faigin is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €127k and a net result of €-5k. Equity is shrinking by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 49% of 3135 sector peers (fiscal year 2024). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €127k |
| Net result | €-5k |
| Better than sector | 49% |
| Active | 34 yrs |
Fragile profile, watch health in particular.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 51.7% | 52.4% | |
| Net result | €-5k | €32k | |
| Equity | €127k | €75k | |
| Gross operating margin | €24k | €52k | |
| Total assets | €246k | €191k |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €-5k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €34 |
| Dividends | - |
| Total assets | €246k |
| Equity | €127k |
| Debt | €119k |
| of which ≤ 1y | €101k |
| of which > 1y | €15k |
| Working capital | n/a |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 51.7% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | -2.2% |
| ROE | -4.2% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €246k |
| Fixed assets | 21/28 | €136k |
| Tangible fixed assets | 22/27 | €127k |
| Financial fixed assets | 28 | €9k |
| Current assets | 29/58 | €110k |
| Amounts receivable within one year | 40/41 | €6k |
| Cash & bank | 54/58 | €104k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €246k |
| Equity | 10/15 | €127k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €109k |
| Amounts payable | 17/49 | €119k |
| Amounts payable after one year | 17 | €15k |
| Amounts payable within one year | 42/48 | €101k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €24k |
| Operating result | 9901 | €-3k |
| Financial income | 75 | €3 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €-5k |
| Income taxes | 67/77 | €34 |
| Net result for the period | 9904 | €-5k |
| Result to be appropriated | 9905 | €-5k |
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 18-05-1992 |
| Status | Active |
| Postal code | 8460 |
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. |
|---|---|---|---|---|
| 35015B0494/00A000 | Flanders | 2,189 m² | 1 · 305 m² | 3.4 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
05-01-2026 Registered office moved from Brugge to Roksem
- Kandelaarstraat 8, 8000 Brugge → Brugsesteenweg 234, 8460 Roksem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Roksem",
"region": null,
"street": "Brugsesteenweg",
"country": "BE",
"postcode": "8460",
"box_number": null,
"street_number": "234"
},
"old_address": {
"city": "Brugge",
"region": null,
"street": "Kandelaarstraat",
"country": "BE",
"postcode": "8000",
"box_number": null,
"street_number": "8"
},
"effective_date": "2026-01-01",
"evidence_quote": "De vergadering beslist dat de zetel van de vennootschap zal worden verplaatst van Kandelaarstraat 8, 8000 Brugge naar Brugsesteenweg 234, 8460 Roksem, en dit vanaf 01/01/2026."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0447.415.666",
"name_full": "FAIGIN",
"legal_form": "BV"
}
}03-10-2023 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": true,
"effective_date": "2023-09-28",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0447.415.666",
"name_full": "FAIGIN",
"legal_form": "BV"
},
"signature_regime": "solo",
"special_mandates": [
{
"quote": "volmacht aan de instrumenterende notaris om over te gaan tot het opmaken, ondertekenen en neerleggen op de griffie van de Ondernemingsrechtbank van de geco\u00F6rdineerde tekst der statuten.",
"holder_kbo": null,
"holder_name": "instrumenterende notaris",
"scope_categories": [
"neerlegging",
"opmaken",
"ondertekenen"
],
"with_substitution": false
}
],
"governance_change": {
"admin_delegated_added": []
}
}26-06-2020 Registered office moved from Jabbeke to Brugge
- Vlamingveld 36, 8490 Jabbeke → Kandelaarstraat 8, 8000 Brugge
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Brugge",
"region": null,
"street": "Kandelaarstraat",
"country": "BE",
"postcode": "8000",
"box_number": null,
"street_number": "8"
},
"old_address": {
"city": "Jabbeke",
"region": null,
"street": "Vlamingveld",
"country": "BE",
"postcode": "8490",
"box_number": null,
"street_number": "36"
},
"effective_date": "2020-05-12",
"evidence_quote": "Er blijkt uit de notulen van de bestuurder dat de zetel van de vennootschap vanaf 12 mei 2020 wordt overgebracht van 8490 Jabbeke, Vlamingveld 36 naar 8000 Brugge, Kandelaarstraat 8"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0447.415.666",
"name_full": "FAIGIN",
"legal_form": "BVBA"
}
}18-09-2006 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": false,
"effective_date": "2006-09-18",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0447.415.666",
"name_full": "FAIGIN",
"legal_form": "BVBA"
},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Faigin |