Equity
€95,259 from €211,910 in 2008
Equity fell by 55% in 17 years.
FASSBEL
Lifetime
20 annual accounts with figures on one time axis, 24 filings since 2002peak €62,188 (2006)
-€5,105▼ €2,024
lowest -€31,729 (2012)
-€5,436▼ €2,054
peak €211,910 (2008)
€95,259▼ 5.4%
€1,464▲ 4.7%
Board4 names since 2018
1 directorShahriar SOLTANINASSAB
Owners4 names in the annual accounts
100%Fasska and 1 other
Documentsfilings and deeds
23-07-20268 days before the deadline
2025financial year
Gross margin from -€3,081 to -€5,105Loss of €5,436Permanent representative: Debraekeleer Gerre 24-10
Key points
from the 2025 annual accountsChecked score
95
Excellent
Financially stronger than 56% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: 0.1%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025highest value
09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
No main activity registered
lowers risk
Size: total assets €96,723
Liquidity: current ratio 66.06, cash €96,723
Equity €95,259 (98.5% of total assets)
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 (no NACE code, micro). It does better than 81% of them on solvency, 95% on liquidity, 18% on profitability and 30% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as FASSBEL has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FASSBEL itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for FASSBEL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 66.06, above the usual 1.5. Short-term debt is 1.5% and cash 100% of total assets. 1.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5,436
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
5 days late
2023
8 days early
2022
25 days early
2021
2 days late
2020
3 days early
2019
18 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 3 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 24 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0476830917
Permanent representative: Debraekeleer Gerre
Appointment: SD Bedrijfsrevisoren SRL (statutory auditor) · General meeting of 28-06-2024 · Gazette deed
2 directors resigning
Change of role: Shahriar SOLTANINASSAB, from director to sole director · Resignations: Akbar SOLTANINASSAB and Fakhri SALASI · General meeting of 24-11-2023 · Gazette deed
Official details
Source: KBO- Status
- Active since 06-02-2002Normal situation
- Activity
- La production et la commercialisation de préparations alimentaires pour bébés et de préparations alimentaires…From the articles, 7 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.096.025.6869120 Beveren-Kruibeke-Zwijndrecht, since 03-06-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €96,723▼ 5.3%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Companies linked to FASSBEL
Parent and group
Insights on FASSBEL
FASSBEL has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95,259 and a net result of -€5,436.
Equity has been shrinking by about 3.7% per year since 2018. The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FASSBEL
- What is the company number of FASSBEL?
- The company number of FASSBEL is 0476.830.917. The VAT number is the same number with BE in front: BE 0476.830.917.
- Where is FASSBEL based?
- The registered office is at Rue Bon Air 47, 1470 Genappe.Company details
- What is the legal form of FASSBEL?
- FASSBEL is a public limited company (NV).
- When was FASSBEL founded?
- FASSBEL was founded on 06-02-2002.
- Is FASSBEL still active?
- Yes, FASSBEL is an active enterprise in the KBO register.
- What is the turnover of FASSBEL?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is FASSBEL profitable?
- In financial year 2025, FASSBEL made a loss of €5,436.
- Where can I find the annual accounts of FASSBEL?
- FASSBEL filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FASSBEL due?
- FASSBEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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