FAN

Active

Private limited companyfounded 1996active for 29 yearsSint-Salvatorskerkhof 14, 8000 Brugge, BelgiumKBO/BCE: BE 0459.405.559

From the official registers: KBO 26 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

FAN has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166,363 and a net result of €31,808. Equity is growing by about 42% per year across the filed financial years. Its solvency ranks better than 51% of 16,925 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

FANActiveChecked score 91/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 09-12-1996 Normal situation
Legal form: Private limited company
Registered office: Sint-Salvatorskerkhof 14, 8000 Brugge
Activity: Full-service restaurants NACE 56111and 1 other
Establishment unit: 2.250.169.178 8000 Brugge, since 19-02-2016
Financial year end: 31 December
Peppol: Reachable since 09-10-2024

Company details

Who decides

Board

Stéphane BatsleerDirector

Board & ownership

How it is doing

91 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Annual accounts 2025

Gross margin: €116,672; ▲ 2.1%
Turnover: ≈ €340,000; estimated
Profit: €31,808; ▲ 9.1%
Equity: €166,363; ▲ 23.6%
Total assets: €549,227; ▼ 2.4%
Staff: 0.8 FTE; =

2025 accounts 74 days early

Filed on 18-05-2026PDF

Financials

Why 91raises riskSector: Food and beverage service activities (NACE 56)lowers riskSize: total assets €549,227Founded in 1996Figures for financial year 2025 (filed 27-05-2026)Show the evidence

Checked score

Score 2025

91 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 53% of its sector peers (NACE 56, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 55+6

equity 30.3% of total assets

Liquidity 40+6

short-term debt 57.5% · cash 15.8%

Profitability 76+1

return on assets 5.8%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,780 companies, NACE 56, micro)

Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 0.2%▼ -0.2 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.2%▼ -0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value

Credit of up to €15,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.31, compared with 0.25 in 2024, below 1; short-term debt: 57.5% and cash: 15.8% of total assets), and 69.7% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 51% on solvency, 35% on liquidity, 59% on profitability and 69% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Sector: Food and beverage service activities (NACE 56)

KBO

Size: total assets €549,227

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 1996

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Figures for financial year 2025 (filed 27-05-2026)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-05-2026, 74 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

74 days early

2024

76 days early

2023

70 days early

2022

80 days early

2021

100 days early

2020

127 days early

2019

93 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 89 days before the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 May (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Among the best 13% on equitysector median €28,775 · 16,956 companies €166,363 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Positive: 8 profitable years in a rowprofit 2025: €31,808 8 years View

Documents

Key facts about FAN

What is the company number of FAN?: 0459.405.559. In Belgium the VAT number is the company number with BE in front: BE 0459.405.559.
Where is FAN based?: The registered office is at Sint-Salvatorskerkhof 14, 8000 Brugge.Company details
What does FAN do?: According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of FAN?: Private limited company (BV).
When was FAN founded?: On 09-12-1996.
Is FAN still active?: Yes, FAN is an active enterprise in the KBO register.
How many employees does FAN have?: On average 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FAN?: ≈ €340,000 in financial year 2025. Estimated from the gross margin of €116,672: probably between €280,000 and €410,000, based on 86 comparable companies, NACE 56111.
Is FAN profitable?: In financial year 2025, FAN made a profit of €31,808.
Where can I find the annual accounts of FAN?: FAN filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of FAN due?: By 31-07-2027, for financial year 2026.Timeline