FAS Group
ActiveSummary
FAS Group has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €177,299 and a net result of €67,936. Its solvency ranks better than 50% of 9,396 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Official details
Source: KBO- Status
- Active since 20-12-2023 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 8 others
- Establishment unit
- 2.353.846.243 9000 Gent, since 20-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2024
Board and ownership
- FAHSSI IsaacDirector · since 19-12-2023
- Elias FahssiDirector · since 01-08-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
- Gross margin
- €165,070
- ▼ 3.0%
- Turnover
- ≈ €540,000
- estimated
- Profit
- €67,936
- ▼ 34.3%
- Equity
- €177,299
- ▲ 62.1%
- Total assets
- €415,039
- ▲ 122%
- Employees on 31-12-2025
- 3
Score breakdownraises riskFounded in 2023Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 2.67, cash €58,094Figures for financial year 2025 (filed on 29-07-2026)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 51% of them on solvency, 55% on liquidity, 74% on profitability and 83% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 2 accounts on average 12 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Appointment: Elias Fahssi (director)
- · Gazette deed IncorporationStarting capital €6,000 · Appointment: FAHSSI Isaac (director)
Comparable companies
These companies have the same main activity as FAS Group: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €372,000 and €512,000, founded between 2023 and 2024.
| Company | Total assets | Gross margin |
|---|---|---|
| FAS Group Gent | €415,039 | €165,070 |
| SCHELDELAND & PARTNERS Wetteren | €408,307 | €157,155 |
| Holderbeke Groep Sint-Lievens-Houtem | €511,545 | €159,611 |
| Algemene Bouwwerken Verkindere Kenneth Langemark-Poelkapelle | €372,136 | €161,454 |
| CD BUILD INVEST Sint-Genesius-Rode | €385,180 | €145,355 |
| Bruneel Arne Poperinge | €475,384 | €146,243 |
| PONCELET Construction Bertrix | €460,685 | €186,043 |
Key facts about FAS Group
- What is the company number of FAS Group?
- The company number of FAS Group is 1003.661.671. The VAT number is the same number with BE in front: BE 1003.661.671.
- Where is FAS Group based?
- The registered office is at Koopvaardijlaan 4, 9000 Gent.Company details
- What does FAS Group do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of FAS Group?
- The legal form of FAS Group is Private limited company (BV).
- When was FAS Group founded?
- FAS Group was founded on 20-12-2023.
- Is FAS Group still active?
- Yes, FAS Group is an active enterprise in the KBO register.
- How many employees does FAS Group have?
- FAS Group had an average of 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FAS Group?
- The turnover in financial year 2025 is ≈ €540,000. This figure is estimated from the gross margin of €165,070 and 98 comparable companies (NACE 41001). It probably lies between €390,000 and €840,000.
- Is FAS Group profitable?
- In financial year 2025, FAS Group made a profit of €67,936.
- Where can I find the annual accounts of FAS Group?
- FAS Group filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FAS Group due?
- FAS Group must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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