FALE IMMO
Absorbed by JB MGMTFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 08-06-2026 PDF all 42 filings
Turnover
≈ €900
Estimated: probably between €410 and €2,200
EBIT margin
Not included in this filing
Net result
-€4,617▲ 60.5%
2024 · -€11,682
Working capital
-€38,964▼ 51.6%
2023 · -€25,706
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€4,852
▲ 57.4%
2025
20182025
Net result
-€4,617
▲ 60.5%
2025
20182025
Equity
€57,996
▼ 7.4%
2025
20182025
Total assets
€101,902
▲ 1.9%
2025
20182025
Debt
€43,906
▲ 17.4%
2025
20182025
Working capital
-€38,964
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€7,914-€8,253▲ 4.3%€8,050▼ 2.5%€3,859▼ 52.1%€774▼ 80.0%-€4,338-€11,376▼ 162%-€4,852▲ 57.4%
Net result€5,323-€5,436▲ 2.1%€5,866▲ 7.9%€2,662▼ 54.6%€205▼ 92.3%-€4,406-€11,682▼ 165%-€4,617▲ 60.5%
Equity€222,107-€200,543▼ 9.7%€182,409▼ 9.0%€85,559▼ 53.1%€78,700▼ 8.0%€74,294▼ 5.6%€62,612▼ 15.7%€57,996▼ 7.4%
Total assets€274,674-€266,036▼ 3.1%€275,363▲ 3.5%€286,328▲ 4.0%€296,966▲ 3.7%€100,025▼ 66.3%€100,000=€101,902▲ 1.9%
Debt€52,567-€65,493▲ 24.6%€92,954▲ 41.9%€200,769▲ 116%€218,265▲ 8.7%€25,731▼ 88.2%€37,388▲ 45.3%€43,906▲ 17.4%
Working capital€117,455-€97,441▼ 17.0%€80,858▼ 17.0%-€14,441-€21,300▼ 47.5%-€25,706▼ 20.7%-€38,964
The operating result for 2025 is a loss of €4,852, smaller than the loss of €11,376 in 2024.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €101,902
Fixed assets
€100,000
Current assets
€1,902
Equity and liabilities €101,902
Equity
€57,996 ▼ 7.4%
Debt
€43,906 ▲ 17.4%
Debt's share of the balance-sheet total rises from 37.4% to 43.1%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.05
Debt to equity
0.76▲
2024 · 0.60
ROE
-8.0%▲
2024 · -18.7%
ROA
-4.5%▲
2024 · -11.7%
Debt ≤ 1 year
€40,866▲
2024 · €37,388
Debt > 1 year
€3,040
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,551 | €1,551 | €1,551 | €1,551 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €7,661 | €5,157 | €6,198 | €4,504 | €4,970 | ▲ 10.4% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €28 | - | - |
| Gross operating margin9900 | €13,050 | €13,455 | €13,481 | €13,070 | €5,930 | €1,860 | -€6,845 | €118 | - |
| Operating profit (loss)9901 | €7,914 | €8,253 | €8,050 | €3,859 | €774 | -€4,338 | -€11,376 | -€4,852 | ▲ 57.4% |
| Financial income75/76B | - | - | - | - | - | - | - | €2,433 | - |
| Recurring financial income75 | - | - | - | - | - | - | - | €2,433 | - |
| Non-recurring financial income76B | - | - | - | - | - | - | - | €2,433 | - |
| Financial charges65/66B | - | - | - | €228 | €137 | €68 | €305 | €2,198 | ▲ 620% |
| Recurring financial charges65 | €170 | €309 | €48 | €228 | €61 | €68 | €305 | €2,198 | ▲ 620% |
| Non-recurring financial charges66B | - | - | - | - | €76 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €7,744 | €7,944 | €8,002 | €3,631 | €637 | -€4,406 | -€11,682 | -€4,617 | ▲ 60.5% |
| Income taxes67/77 | €2,421 | €2,509 | €2,136 | €969 | €432 | - | - | - | - |
| Profit (loss) for the period9904 | €5,323 | €5,436 | €5,866 | €2,662 | €205 | -€4,406 | -€11,682 | -€4,617 | ▲ 60.5% |
| Profit (loss) for the period to be appropriated9905 | €5,323 | €5,436 | €5,866 | €2,662 | €205 | -€4,406 | -€11,682 | -€4,617 | ▲ 60.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €274,674 | €266,036 | €275,363 | €286,328 | €296,966 | €100,025 | €100,000 | €101,902 | ▲ 1.9% |
| Fixed assets21/28 | €104,652 | €103,102 | €101,551 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Tangible fixed assets22/27 | €104,652 | €103,102 | €101,551 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Land and buildings22 | - | - | - | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Current assets29/58 | €170,022 | €162,935 | €173,812 | €186,328 | €196,966 | €25 | - | €1,902 | - |
| Amounts receivable within one year40/41 | €169,856 | €162,555 | €173,510 | €186,302 | €196,966 | - | - | €1,521 | - |
| Other amounts receivable41 | - | - | - | €186,302 | €196,966 | - | - | €1,521 | - |
| Cash at bank and in hand54/58 | €63 | €379 | €303 | €26 | - | €25 | - | €0 | - |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | - | €380 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €274,674 | €266,036 | €275,363 | €286,328 | €296,966 | €100,025 | €100,000 | €101,902 | ▲ 1.9% |
| Equity10/15 | €222,107 | €200,543 | €182,409 | €85,559 | €78,700 | €74,294 | €62,612 | €57,996 | ▼ 7.4% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €201,656 | €180,092 | €161,958 | €65,108 | €58,249 | €53,843 | €42,161 | €37,545 | ▼ 10.9% |
| Amounts payable17/49 | €52,567 | €65,493 | €92,954 | €200,769 | €218,265 | €25,731 | €37,388 | €43,906 | ▲ 17.4% |
| Amounts payable after more than one year17 | - | - | - | - | - | - | - | €3,040 | - |
| Other amounts payable178/9 | - | - | - | - | - | - | - | €3,040 | - |
| Amounts payable within one year42/48 | €52,567 | €65,493 | €92,954 | €200,769 | €218,265 | €25,731 | €37,388 | €40,866 | ▲ 9.3% |
| Financial debts43 | - | - | - | - | - | - | €3 | - | - |
| Credit institutions430/8 | - | - | - | - | - | - | €3 | - | - |
| Trade debts44 | €206 | €5,024 | €5,270 | €10,028 | €18,064 | €21,892 | €13,135 | €5,867 | ▼ 55.3% |
| Suppliers440/4 | - | - | - | €10,028 | €18,064 | €21,892 | €13,135 | €5,867 | ▼ 55.3% |
| Taxes, remuneration and social security45 | - | - | - | €4,439 | €3,235 | €432 | - | - | - |
| Taxes450/3 | - | - | - | €4,439 | €3,235 | €432 | - | - | - |
| Other amounts payable47/48 | - | - | - | €186,302 | €196,966 | €3,406 | €24,250 | €34,999 | ▲ 44.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,323 | €5,436 | €5,866 | €2,662 | €205 | -€4,406 | -€11,682 | -€4,617 | ▲ 60.5% |
| + Depreciation and write-downs630 | €1,551 | €1,551 | €1,551 | €1,551 | - | - | - | - | - |
| Operating cash flow (approximation) | €6,874 | €6,986 | €7,417 | €4,213 | €205 | -€4,406 | -€11,682 | -€4,617 | ▲ 60.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €316 | -€77 | -€277 | - | - | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 42 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-06-2026 | 2026-00144123 | |
| 31-12-2024 | full format | 25-09-2025 | 2025-00502903 | |
| 31-12-2023 | full format | 29-08-2024 | 2024-00395250 | |
| 31-12-2022 | full format | 31-07-2023 | 2023-00295867 | |
| 31-12-2021 | full format | 30-08-2022 | 2022-20349301 | |
| 31-12-2020 | full format | 22-12-2021 | 2021-81100053 | |
| 31-12-2019 | full format | 09-10-2020 | 2020-60100423 | |
| 31-12-2018 | full format | 27-12-2019 | 2019-77500146 | |
| 31-12-2017 | full format | 31-07-2018 | 2018-43300033 | |
| 31-12-2016 | full format | 29-09-2017 | 2017-63600563 |