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FAS DEVELOPMENT

Active
Private limited companyfounded 1997active for 29 yearsJean en Pierre Carsoellaan 50, 1180 Ukkel, BelgiumKBO/BCE: BE 0460.281.034

From the official registers: KBO 28 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

FAS DEVELOPMENT has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77,862 and a net result of €6,587. Equity is growing by about 33% per year across the filed financial years. Its solvency ranks better than 29% of 2,073 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

KBO
Status
Active since 25-03-1997 Normal situation
Legal form
Private limited company
Registered office
Jean en Pierre Carsoellaan 50, 1180 Ukkel
Activity
Market research and public opinion polling NACE 73200and 2 others
Establishment unit
2.081.299.603 1180 Ukkel, since 08-04-1997
Financial year end
31 December
Peppol
Reachable since 22-03-2026

Who decides

Board
  • BEUSELINCK FrankDirector
Shareholders
Holdings
Shares in 2 companies JFS AMERICA LTD and Sinep

How it is doing

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€3,010
▼ 35.0%
Turnover
≈ €17,000
estimated
Profit
€6,587
▲ 162%
Equity
€77,862
▲ 9.2%
Total assets
€380,576
▼ 12.6%
2025 accounts 4 days early
Filed on 27-07-2026at the National Bank
Why 69raises riskLiquidity: current ratio 0.01, cash €450, halved1 of the last 3 latelowers riskFounded in 1997Size: total assets €380,576Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 33% of its sector peers (NACE 73, micro)
Financial strength · tick = 2024
Weak
Solvency 45+4
equity 20.5% of total assets
Liquidity 7-12
short-term debt 79.5% · cash 0.1%
Profitability 71+2
return on assets 1.7%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,227 companies, NACE 73, 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: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025lowest value 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▲ +0.1 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.6%● unchanged vs 08-2026highest value 10-2026: 0.6%● unchanged vs 09-2026highest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.01, compared with 0.15 in 2024, below 1; short-term debt: 79.5% and cash: 0.1% of total assets), and 79.5% 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 73, micro): better than 27% on solvency, 6% on liquidity, 41% on profitability and 59% 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.01, cash €450, halved
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
lowers risk · Founded in 1997
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €380,576
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2024
24 days early
2023
54 days late
2022
31 days late
2021
30 days late
2020
30 days late
2019
89 days late
← 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 29 days after the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · 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 30 August (4 of the last 5 filed years within 34 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
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Financials · financial year 2025, abbreviated format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
27-07-2026
Format
abbreviated format
Reference
2026-00349785
Turnover
≈ €17,000
Estimated: probably between €7,900 and €27,000
EBIT margin
Not included in this filing
Net result
€6,587▲ 162%
2024 · €2,514
Working capital
-€301,165▲ 2.3%
2024 · -€308,152
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result has fallen three years in a row; 2025 is 88% below 2024 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€409 2025 Net result€6,587 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€23,126-€20,603▼ 10.9%-€3,842€5,178€30,439▲ 488%€6,629▼ 78.2%€3,544▼ 46.5%€409▼ 88.4%
Net result€17,295-€18,092▲ 4.6%-€4,669below the sector's middle half€2,521within the sector's middle half€23,876within the sector's middle half▲ 847%€119,193above the sector's middle half▲ 399%€2,514within the sector's middle half▼ 97.9%€6,587within the sector's middle half▲ 162%
Equity-€90,252--€72,160▲ 20.0%-€76,829below the sector's middle half▼ 6.5%-€74,308below the sector's middle half▲ 3.3%-€50,432below the sector's middle half▲ 32.1%€68,761within the sector's middle half€71,275within the sector's middle half▲ 3.7%€77,862within the sector's middle half▲ 9.2%
Total assets€576,688-€576,846=€551,905above the sector's middle half▼ 4.3%€525,031above the sector's middle half▼ 4.9%€535,626above the sector's middle half▲ 2.0%€478,006within the sector's middle half▼ 10.8%€435,256within the sector's middle half▼ 8.9%€380,576within the sector's middle half▼ 12.6%
Debt€666,940-€649,006▼ 2.7%€628,735▼ 3.1%€599,339▼ 4.7%€586,058▼ 2.2%€409,245▼ 30.2%€363,981▼ 11.1%€302,714▼ 16.8%
Working capital-€610,223--€593,553▲ 2.7%-€597,255below the sector's middle half▼ 0.6%-€595,993below the sector's middle half▲ 0.2%-€562,356below the sector's middle half▲ 5.6%-€309,249below the sector's middle half▲ 45.0%-€308,152below the sector's middle half▲ 0.4%-€301,165below the sector's middle half▲ 2.3%
Solvency-15.7%--12.5%▲ 3.1pp-13.9%below the sector's middle half▼ 1.4pp-14.2%below the sector's middle half▼ 0.2pp-9.4%below the sector's middle half▲ 4.7pp14.4%below the sector's middle half▲ 23.8pp16.4%below the sector's middle half▲ 2.0pp20.5%within the sector's middle half▲ 4.1pp
Current ratio0.09-0.09=0.05below the sector's middle half▼ 0.040.01below the sector's middle half▼ 0.040.04below the sector's middle half▲ 0.030.24below the sector's middle half▲ 0.200.15below the sector's middle half▼ 0.090.01below the sector's middle half▼ 0.15
Return on assets (ROA)3.0%-3.1%▲ 0.1pp-0.8%below the sector's middle half▼ 4.0pp0.5%within the sector's middle half▲ 1.3pp4.5%within the sector's middle half▲ 4.0pp24.9%above the sector's middle half▲ 20.5pp0.6%within the sector's middle half▼ 24.4pp1.7%within the sector's middle half▲ 1.2pp
above within below the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €380,576
Fixed assets €379,026 ▼ 0.1%
Current assets €1,550 ▼ 97.2%
Equity and liabilities €380,576
Equity €77,862 ▲ 9.2%
Debt €302,714 ▼ 16.8%
Debt's share of the balance-sheet total falls from 83.6% to 79.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€810▼
2024 · €3,731
Cash flow
€6,987▲
2024 · €2,700
Debt to equity
3.89▼
2024 · 5.11
ROE
8.5%▲
2024 · 3.5%
Interest coverage
10.51▼
2024 · 50.45
Debt ≤ 1 year
€302,714▼
2024 · €363,981
Income taxes
€217▼
2024 · €957
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 · 2025 against 2024 · 37 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 27-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€435,256€380,576▼
Fixed assets21/28€379,427€379,026▼
Tangible fixed assets22/27€1,592€1,191▼
Furniture and vehicles24€1,592€1,191▼
Financial fixed assets28€377,835€377,835=
Current assets29/58€55,829€1,550▼
Amounts receivable within one year40/41€3,843€1,100▼
Trade receivables40€3,300€1,100▼
Other amounts receivable41€543-
Cash at bank and in hand54/58€51,985€450▼
Equity and liabilities
Total equity and liabilities10/49€435,256€380,576▼
Equity10/15€71,275€77,862▲
Contributions10/11€18,592€18,592=
Reserves13€1,859€1,859=
Distributable reserves133€1,859€1,859=
Profit (loss) carried forward14€50,824€57,410▲
Amounts payable17/49€363,981€302,714▼
Amounts payable within one year42/48€363,981€302,714▼
Trade debts44€2,395-
Suppliers440/4€2,395-
Taxes, remuneration and social security45-€217
Taxes450/3-€217
Other amounts payable47/48€361,586€302,497▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€186€401▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€900€2,200▲
Gross operating margin9900€4,631€3,010▼
Operating profit (loss)9901€3,544€409▼
Financial income75/76B-€6,471
Recurring financial income75-€6,471
Financial charges65/66B€74€77▲
Recurring financial charges65€74€77▲
Profit (loss) for the period before taxes9903€3,471€6,804▲
Income taxes67/77€957€217▼
Profit (loss) for the period9904€2,514€6,587▲
Profit (loss) for the period to be appropriated9905€2,514€6,587▲
Appropriation of the result
Profit (loss) to be appropriated9906€50,824€57,410▲
Profit (loss) brought forward from the previous period14P€48,310€50,824▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,545€1,484€968€1,238€1,414€1,414€186€401▲ 115%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€28,640--€900€2,200▲ 144%
Other operating charges640/8---€2,500€318€187---
Gross operating margin9900€27,937€24,529€24,613€37,556€32,170€8,230€4,631€3,010▼ 35.0%
Operating profit (loss)9901€23,126€20,603-€3,842€5,178€30,439€6,629€3,544€409▼ 88.4%
Financial income75/76B----€6€114,527-€6,471-
Recurring financial income75€810€834€3-€6€114,527-€6,471-
Non-recurring financial income76B-----€114,527---
Financial charges65/66B---€1,583€6,263€73€74€77▲ 4.2%
Recurring financial charges65€1,023€1,438€65€1,583€6,263€73€74€77▲ 4.2%
Profit (loss) for the period before taxes9903€22,913€19,999-€3,904€3,595€24,182€121,084€3,471€6,804▲ 96.0%
Income taxes67/77€5,618€1,907€765€1,074€306€1,891€957€217▼ 77.3%
Profit (loss) for the period9904€17,295€18,092-€4,669€2,521€23,876€119,193€2,514€6,587▲ 162%
Profit (loss) for the period to be appropriated9905€17,295€18,092-€4,669€2,521€23,876€119,193€2,514€6,587▲ 162%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€576,688€576,846€551,905€525,031€535,626€478,006€435,256€380,576▼ 12.6%
Fixed assets21/28€519,971€521,394€520,426€521,685€511,924€378,010€379,427€379,026▼ 0.1%
Intangible fixed assets21-€2,325€1,744€1,162€581----
Tangible fixed assets22/27€1,289€386-€1,841€1,008€175€1,592€1,191▼ 25.2%
Furniture and vehicles24---€1,841€1,008€175€1,592€1,191▼ 25.2%
Financial fixed assets28€518,682€518,682€518,682€518,682€510,335€377,835€377,835€377,835=
Current assets29/58€56,717€55,453€31,479€3,345€23,702€99,995€55,829€1,550▼ 97.2%
Amounts receivable within one year40/41€52,806€53,640€31,340-€21,917€4,200€3,843€1,100▼ 71.4%
Trade receivables40----€1,800€4,200€3,300€1,100▼ 66.7%
Other amounts receivable41----€20,117-€543--
Cash at bank and in hand54/58€3,911€1,813€139€3,345€1,785€95,795€51,985€450▼ 99.1%
Equity and liabilities
Total equity and liabilities10/49€576,688€576,846€551,905€525,031€535,626€478,006€435,256€380,576▼ 12.6%
Equity10/15-€90,252-€72,160-€76,829-€74,308-€50,432€68,761€71,275€77,862▲ 9.2%
Contributions10/11€18,592€18,592€18,592€18,592€18,592€18,592€18,592€18,592=
Capital10---€18,592-----
Issued capital100---€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----
Legal reserve130---€1,859-----
Reserves not available under the articles1311----€1,859----
Distributable reserves133-----€1,859€1,859€1,859=
Profit (loss) carried forward14-€110,703-€92,611-€97,280-€94,759-€70,883€48,310€50,824€57,410▲ 13.0%
Amounts payable17/49€666,940€649,006€628,735€599,339€586,058€409,245€363,981€302,714▼ 16.8%
Amounts payable within one year42/48€666,940€649,006€628,735€599,339€586,058€409,245€363,981€302,714▼ 16.8%
Trade debts44€500----€384€2,395--
Suppliers440/4-----€384€2,395--
Taxes, remuneration and social security45---€1,074€1,380€1,891-€217-
Taxes450/3---€1,074€1,380€1,891-€217-
Other amounts payable47/48---€598,265€584,678€406,969€361,586€302,497▼ 16.3%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€17,295€18,092-€4,669€2,521€23,876€119,193€2,514€6,587▲ 162%
+ Depreciation and write-downs630€1,545€1,484€968€1,238€1,414€1,414€186€401▲ 115%
Operating cash flow (approximation)€18,840€19,576-€3,702€3,760€25,290€120,607€2,700€6,987▲ 159%
Investment in fixed assets (approximation)--€2,906€0-€2,498€8,348€132,500-€1,603€0-
Change in cash--€2,098-€1,673€3,206-€1,561€94,011-€43,810-€51,536▼ 17.6%

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

Download as CSV

Latest 10 of 28 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 27-07-2026 2026-00349785 NBB
31-12-2024 full format 07-07-2025 2025-00250117 PDF
31-12-2023 full format 23-09-2024 2024-00470700 PDF
31-12-2022 micro format 31-08-2023 2023-00433197 PDF
31-12-2021 micro format 30-08-2022 2022-20394874 PDF
31-12-2020 micro format 30-08-2021 2021-59600239 PDF
31-12-2019 micro format 28-10-2020 2020-65200498 PDF
31-12-2018 micro format 11-09-2019 2019-64000473 PDF
31-12-2017 micro format 24-08-2018 2018-49400357 PDF
31-12-2016 micro format 28-08-2017 2017-48900183 PDF

Show all 28 filings

Similar companies · same sector, comparable size

Of the 2,643 active companies whose main activity is market research and public opinion polling (NACE 73200), figures are known for 1,805. 1,269 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director
BEUSELINCK Frank
Director · in the 2025 annual accounts, filed on 27-07-2026
Current

Mandate history

1 person, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
BEUSELINCK Frank
  • Director, since before 31-12-2025
See the board, name and registered office on a given date →

How the board is organised

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Article 14. Rémunération des administrateurs L’assemblée générale décide si le mandat d’administrateur est ou non exercé gratuitement. Si le…”
Board ruleHow the board is made up, meets and takes decisions.
“Un ou plusieurs administrateurs, assemblée fixe nombre et durée mandat”
“Représentation voyages déplacements, fixe ou proportionnelle”

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Formes prévues pour modifications aux statuts, assemblée générale”
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

Articles of association, deed of 13-12-2023

Owners and capital

Owners

2 owners

Owners 2

Capital and shareholders

Capital over the years
  1. 13-12-2023 Converted to unavailable equity · €20,451

Shares according to the articles of association

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié cédant,moitié acquéreurs proportionnel nombre actions, entre vifs ou mort sans agrément à actionnaire,conjoint…”
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Other provision: “Mise en conformité avec le Code des sociétés et des associations, mettre ses statuts en conformité à l’occasion de la première modification…”
Other provision: “Les actions doivent être entièrement libérées à leur émission, appels de fonds”
Other provision: “Apport en numéraire avec émission de nouvelles actions – droit de préférence, portés à la connaissance par courrier électronique,ou par…”
Other provision: “Compte de capitaux propres statutairement disponible, apports inscrits sur compte disponible susceptible de distribution”
Other provision: “Nominatives, nature des actions”
Other provision: “Nominatifs, nature des autres titres”
Other provision: “Pouvoir d'administration interne, totalité pouvoirs”
Other provision: “Assemblée générale par procédure écrite, acte authentique”
Other provision: “Admission assemblee generale, inscrit en cette qualité dans registre des titres nominatifs relatif à sa catégorie”
Other provision: “Seances_proces-verbaux, registre tenu au siège consignant décisions assemblée générale ou actionnaire unique”
Other provision: “Chaque action donne droit à une voix, deliberations vote”
Other provision: “Organe d'administration, toute assemblée générale ordinaire ou extraordinaire”
Other provision: “Repartition reserves, bénéfice exercice en cours ou exercice précédent tant que comptes annuels non approuvés”
Liquidation distribution: “Après apurement dettes,charges et frais liquidation ou consignation montants nécessaires, actif net réparti entre tous actionnaires en…”
Other provision: “Toutes communications,sommations,assignations,significations valablement faites, exécution des statuts”
Other provision: “Competence judiciaire, tout litige entre société,actionnaires,administrateurs,commissaires et liquidateurs relatifs affaires société et…”
Other provision: “Code des sociétés et des associations, droit commun”
1 more provision in the deed, see the deed of 13-12-2023

Articles of association, deed of 13-12-2023 (in French)

Group and network

Holdings and subsidiaries

2 holdings

Holdings 2

Source for every holding own accounts 2025

  • JFS AMERICA LTDUSsubsidiary
    Equity -€69,919Result -€12,697
    100%
  • Sinepsubsidiary
    Equity €625,733Result €23,220
    100%

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 25 March 1997, FAS DEVELOPMENT was incorporated.1 Total assets went from €576,688 in 2018 to €380,576 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filedNBB
financial year 2025 · abbreviated format
2025
07-07
NBB filing Annual accounts filedPDF
financial year 2024 · full format
2024
23-09
NBB filing Annual accounts filedPDF
financial year 2023 · full format · 54 days late
2023
31-12
Financial Highest result from 2018 to 2025net €119,193 ▲399%
Net result €119,193, the highest in the series.
13-12
Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments
Legal-form conversion · Capital conversion · Capital7 facts ▸
  • Legal-form conversion, “société à responsabilité limitée” (deed in French)
  • Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
  • Other provision, “limitation du compte de capitaux propres statutairement indisponible, disponible pour distribution” (deed in French)
  • Amendment of the articles
  • Capital
  • Director in office, BEUSELINCK Frank (director)
  • Power of attorney (2 times)

Open the act in the Belgian Official Gazette

31-08
NBB filing Annual accounts filedPDF
financial year 2022 · micro format · 31 days late
2022
30-08
NBB filing Annual accounts filedPDF
financial year 2021 · micro format · 30 days late
2021
31-12
Financial Back to profitnet €2,521
Net result €2,521 after one loss-making year.
30-08
NBB filing Annual accounts filedPDF
financial year 2020 · micro format · 30 days late
2020
31-12
Financial Weakest financial yearnet -€4,669
Net result drops to -€4,669, the lowest in the series; recovery starts the following year.
28-10
NBB filing Annual accounts filedPDF
financial year 2019 · micro format · 89 days late
2019
11-09
NBB filing Annual accounts filedPDF
financial year 2018 · micro format · 42 days late
2018
24-08
NBB filing Annual accounts filedPDF
financial year 2017 · micro format · 24 days late
2017
28-08
NBB filing Annual accounts filedPDF
financial year 2016 · micro format · 28 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Register details

Who it is

KBO record
Name FAS DEVELOPMENT in French
Enterprise number 0460.281.034
Legal form Private limited company
Status Active, normale toestand
Founded 25-03-1997
Type Legal entity

Where it is based

Registered office Jean en Pierre Carsoellaan 50, 1180 Ukkel, Belgium
Establishments 1 establishment unit since 1997

What it does

NACEBEL 2025
73200 Market research and public opinion polling main activity
46900 Non-specialised wholesale trade
70200 Business and other management consultancy

Invoicing and payment

VAT number BE 0460.281.034
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0460281034
Also 9925:BE0460281034
Registered 22-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 31 October 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

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

Purpose, financial year and meetings according to the articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Prester tous services,formations et conseils au sens le plus large du terme à toutes professions et entreprises de quelque nature qu’elles…”
17 activities
  1. Prester tous services,formations et conseils au sens le plus large du terme à toutes professions et entreprises de quelque nature qu’elles soient entre autre dans le domaine administratif,commercial,financier,de gestion,de management et d’organisation d’entreprises.
  2. Le courtage ainsi que toutes opérations d’intermédiaires concernant les biens meubles et immeubles.
  3. Le transport maritime,aérien,terrestre,le shipping,le forwarding,le groupage et le stockage,l’affrètement,la gérance et l’exploitation des navires et tous moyens de transport,l’assurance,les changes,le voyage et le tourisme et toutes agences ou représentation des différentes affaires susmentionnées.
  4. Le commerce,l’importation,l’exportation,la commande,l’achat,la vente,la commission,la diffusion et l’introduction dans les marchés,le transport,le transit,l’emballage et le dépôt de diverses marchandises,outillages,productions,fabrications de matières premières.
  5. Tous travaux d’études,d’engineering,de gérance,de participation dans tout genre d’adjudication,d’entreprise et d’exécution de différents projets.
  6. La réalisation,la création,la présentation,l’exploitation de tous spectacles de comédie,de concerts,et d’une manière générale de toutes formes quelconques de spectacles.
  7. L’achat,la vente,le commissionnage et la représentation de tous biens généralement quelconques.
  8. L’acquisition,l’aliénation et la possession de participations dans des entreprises belges et étrangères.
  9. L’achat,la construction,la transformation,l’aménagement,la location,la sous location,l’exploitation directe ou en règle l’échange,la vente et en général,tout ce qui se rattache directement ou indirectement à la mise en valeur de toutes propriétés immobilières,bâties ou non bâties,de biens meubles corporels,de valeurs portefeuille.
  10. La société peut accepter et exercer un mandat d’administrateur dans toutes sociétés,quel qu’en soit son objet.
  11. Toute activité de holding et notamment acheter,vendre toutes valeurs mobilière.
  12. Elle peut accomplir toutes opérations généralement quelconques et notamment,industrielles ou commerciales,immobilières ou mobilières se rapportant directement ou indirectement,à son objet et notamment s’intéresser par tous moyens par voie d’association,de souscription,de participation,d’acquisition,de cession d’apport et de fusion ou autrement dans toutes sociétés ou entreprises existantes ou à créer,en Belgique ou à l’étranger,et dont l’objet serait analogue ou connexe au sien,ou qui serait de nature à favoriser le développement de son activité dans le cadre de son objet.
  13. La société peut constituer toute hypothèque ou toute autre sureté réelle sur les biens sociaux ou se porter caution au profit de tiers.
  14. Elle peut s'intéresser par toutes voies à toute société ou entreprise ayant un objet similaire ou connexe au sien ou dont l'objet serait de nature à faciliter,même indirectement,la réalisation du sien.
  15. Elle peut de même conclure toutes conventions de collaboration,de rationalisation,d'association ou autres avec de telles sociétés ou entreprises.
  16. Elle peut se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne ou société,liée ou non.
  17. Elle peut exercer les fonctions d'administrateur,gérant et liquidateur.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
FAS DEVELOPPEMENT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, transférable en tout endroit de la Région de Bruxelles-Capitale ou de la Région wallonne par simple décision…”

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Tuesday of May at 18:00

Articles of association, deed of 13-12-2023 (in French)

Sites & property

Registered office and establishments
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here
1 establishment unit
FAS DEVELOPMENT
Jean en Pierre Carsoellaan 50, 1180 UkkelManufacture of basic pharmaceutical products and pharmaceutical preparations
since 1997unit no. 2.081.299.603

Buildings and parcels at the address

Ground area
263 m²
Building footprint
72 m²
Building volume
702 m³
Parcel 21612D0081/00W000, Brussels · tallest building 12.2 m.
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21612D0081/00W000 Brussels 263 m² 1 · 72 m² 12.2 m · 3