From the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
FATES is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €9.6m and a net result of €37,221. Equity has been stable since 2018 (±1.6% per year). Its solvency ranks better than 58% of 6,687 sector peers (NACE 64, financial year 2025). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 28-11-2007 Normal situation
- Legal form
- Private limited company
- Registered office
- Volderrede 45, 9070 Destelbergen
- Activity
- Activities of holding companies NACE 64210and 3 others
- Establishment unit
- 2.169.109.347 9070 Destelbergen, since 28-11-2007
- Financial year end
- 30 December
- Peppol
- Reachable since 24-11-2023
Board and ownership
- Meuleman BartDirector · since 01-07-2016
- Van Orshaegen KarolinaDirector
Financial position
- Profit
- €37,221
- ▼ 85.8%
- Equity
- €9.6m
- ▲ 0.4%
- Total assets
- €16.3m
- ▼ 0.8%
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
The company filed its last 7 accounts on average 133 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, abbreviated format
Annual accounts 2025
- Financial year ended
- 30-12-2025
- Filed on
- 27-07-2026
- Format
- abbreviated format
- Reference
- 2026-00335989
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 79% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
- 2021 Net result +53,165% on 2020. The accounts now follow the micro format, last year the abbreviated format.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €235,370 | €1,638 | €0 | - | - | €338,879 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,625 | €15,064 | €22 | €21,578 | €510,760 | €139,878 | €146,522 | €139,236 | ▼ 5.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | - | - | -€51,113 | - |
| Other operating charges640/8 | - | €12,794 | €12 | €11,631 | €18,800 | €19,563 | €21,015 | €18,288 | ▼ 13.0% |
| Gross operating margin9900 | -€23,992 | €387,696 | €1,729 | €48,910 | €195,327 | €269,191 | €498,956 | €174,561 | ▼ 65.0% |
| Operating profit (loss)9901 | -€33,033 | €359,838 | €1,695 | €15,702 | -€334,233 | €109,749 | €331,419 | €68,150 | ▼ 79.4% |
| Financial income75/76B | - | €98,468 | €0 | €858,089 | €143,923 | €163,417 | €173,449 | €178,024 | ▲ 2.6% |
| Recurring financial income75 | €607,424 | €98,468 | €100 | €858,089 | €143,923 | €163,417 | €173,449 | €178,024 | ▲ 2.6% |
| Financial charges65/66B | - | €133,585 | €137 | €142,875 | €199,062 | €130,539 | €169,711 | €196,073 | ▲ 15.5% |
| Recurring financial charges65 | €131,596 | €133,585 | €137 | €142,875 | €199,062 | €130,539 | €169,711 | €196,073 | ▲ 15.5% |
| Profit (loss) for the period before taxes9903 | €442,795 | €324,721 | €1,658 | €730,915 | -€389,372 | €142,627 | €335,157 | €50,101 | ▼ 85.1% |
| Transfer from deferred taxes780 | - | €1,341 | €1 | €1,392 | €20,058 | €30,204 | €18,717 | €18,717 | = |
| Transfer to deferred taxes680 | - | €65,967 | €409 | €0 | - | - | €84,720 | €0 | ▼ 100% |
| Income taxes67/77 | €1,481 | €1,053 | €1 | €67,025 | €451 | €23,271 | €6,880 | €31,597 | ▲ 359% |
| Profit (loss) for the period9904 | €441,314 | €259,042 | €1,249 | €665,283 | -€369,764 | €149,561 | €262,274 | €37,221 | ▼ 85.8% |
| Transfer from tax-exempt reserves789 | - | €690 | €1 | €844 | €56,842 | €78,286 | €56,152 | €56,152 | = |
| Transfer to tax-exempt reserves689 | - | €199,736 | €1,227 | €0 | - | - | €254,159 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €441,314 | - | - | €666,127 | -€312,921 | €227,847 | €64,267 | €93,373 | ▲ 45.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €13.6m | €12.1m | €0.01m | €17.8m | €16.8m | €16.3m | €16.4m | €16.3m | ▼ 0.8% |
| Fixed assets21/28 | €12.4m | €10.3m | €0.01m | €14.2m | €14.0m | €13.9m | €13.8m | €13.7m | ▼ 0.9% |
| Tangible fixed assets22/27 | €0.001m | €0.2m | €210 | €3.9m | €3.8m | €3.6m | €3.6m | €3.4m | ▼ 3.8% |
| Land and buildings22 | - | €0.2m | €173 | €3.5m | €3.4m | €3.4m | €3.3m | €3.2m | ▼ 3.0% |
| Plant, machinery and equipment23 | - | €0.003m | €2 | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 12.7% |
| Furniture and vehicles24 | - | €0.001m | €35 | €0.03m | €0.02m | €0.01m | €0.003m | €0.001m | ▼ 53.4% |
| Financial fixed assets28 | €12.4m | €10.1m | €0.01m | €10.3m | €10.3m | €10.3m | €10.3m | €10.3m | ▲ 0.1% |
| Current assets29/58 | €1.3m | €1.8m | €0.003m | €3.7m | €2.7m | €2.4m | €2.6m | €2.5m | ▼ 0.2% |
| Amounts receivable after more than one year29 | - | - | €190 | €0.2m | €0.2m | €0.2m | €0.4m | €0.4m | = |
| Other amounts receivable291 | - | - | €190 | €0.2m | €0.2m | €0.2m | €0.4m | €0.4m | = |
| Amounts receivable within one year40/41 | - | €0.7m | €0.001m | €1.5m | €1.4m | €1.3m | €1.1m | €0.8m | ▼ 23.3% |
| Trade receivables40 | - | €0.02m | €1 | €0 | €0.009m | €0.001m | €0.002m | €0.001m | ▼ 40.3% |
| Other amounts receivable41 | - | €0.7m | €0.001m | €1.5m | €1.4m | €1.3m | €1.1m | €0.8m | ▼ 23.3% |
| Current investments50/53 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Cash at bank and in hand54/58 | €0.4m | €1.0m | €0.003m | €1.6m | €0.7m | €0.5m | €0.6m | €0.9m | ▲ 40.9% |
| Deferred charges and accrued income490/1 | - | €0.002m | €6 | €0.01m | €0.02m | €0.01m | €0.02m | €0.02m | ▲ 10.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €13.6m | €12.1m | €0.01m | €17.8m | €16.8m | €16.3m | €16.4m | €16.3m | ▼ 0.8% |
| Equity10/15 | €9.5m | €7.6m | €0.008m | €9.5m | €9.2m | €9.3m | €9.6m | €9.6m | ▲ 0.4% |
| Contributions10/11 | €4.6m | €4.6m | €0.005m | €4.6m | €4.6m | €4.6m | €4.6m | €4.6m | = |
| Capital10 | - | €4.6m | - | - | - | - | - | - | - |
| Issued capital100 | - | €4.6m | - | - | - | - | - | - | - |
| Contributions outside capital11 | - | €166 | - | - | - | - | - | - | - |
| Reserves13 | €0.5m | €0.8m | €0.002m | €2.7m | €2.7m | €2.8m | €3.1m | €3.1m | ▲ 1.2% |
| Non-distributable reserves130/1 | - | - | €461 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Legal reserve130 | - | €0.5m | - | - | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €461 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Tax-exempt reserves132 | - | €0.2m | €0.001m | €1.4m | €1.4m | €1.3m | €1.5m | €1.4m | ▼ 3.8% |
| Distributable reserves133 | - | €0.1m | €111 | €0.8m | €0.9m | €1.1m | €1.1m | €1.2m | ▲ 8.2% |
| Profit (loss) carried forward14 | €4.4m | - | €0.002m | €2.3m | €1.9m | €1.9m | €1.9m | €1.9m | = |
| Provisions and deferred taxes16 | - | €0.1m | €0.001m | €0.5m | €0.5m | €0.5m | €0.6m | €0.5m | ▼ 12.4% |
| Provisions for liabilities and charges160/5 | - | €0.07m | €69 | €0.07m | €0.07m | €0.07m | €0.07m | €0.02m | ▼ 74.5% |
| Pensions and similar obligations160 | - | €0.05m | €51 | €0.05m | €0.05m | €0.05m | €0.05m | €0 | ▼ 100% |
| Major repairs and maintenance162 | - | €0.02m | €18 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Deferred taxes168 | - | €0.07m | €481 | €0.5m | €0.5m | €0.4m | €0.5m | €0.5m | ▼ 3.8% |
| Amounts payable17/49 | €4.2m | €4.3m | €0.004m | €7.8m | €7.1m | €6.5m | €6.3m | €6.2m | ▼ 1.6% |
| Amounts payable after more than one year17 | €3.3m | €3.3m | €0.003m | €6.2m | €5.9m | €5.7m | €5.5m | €5.3m | ▼ 3.3% |
| Financial debts170/4 | - | - | - | €2.9m | €2.6m | €2.4m | €2.2m | €2.0m | ▼ 8.3% |
| Other amounts payable178/9 | - | €3.3m | €0.003m | €3.3m | €3.3m | €3.3m | €3.3m | €3.3m | = |
| Amounts payable within one year42/48 | €0.9m | €1.0m | €0.001m | €1.4m | €1.0m | €0.7m | €0.6m | €0.6m | ▲ 10.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 1.1% |
| Trade debts44 | €0.001m | €11 | €2 | €0.001m | €0.008m | €0.03m | €0 | €0.002m | - |
| Suppliers440/4 | - | €11 | €2 | €0.001m | €0.008m | €0.03m | €0 | €0.002m | - |
| Taxes, remuneration and social security45 | - | €0.04m | €1 | €0.07m | €294 | €0.03m | €0.007m | €0.03m | ▲ 345% |
| Taxes450/3 | - | €0.04m | €1 | €0.07m | €294 | €0.03m | €0.006m | €0.03m | ▲ 407% |
| Remuneration and social security454/9 | - | - | - | - | - | €0.001m | €0.001m | €0.001m | = |
| Other amounts payable47/48 | - | €1.0m | €0.001m | €1.3m | €0.8m | €0.4m | €0.4m | €0.4m | ▲ 8.5% |
| Accrued charges and deferred income492/3 | - | - | €137 | €0.1m | €0.2m | €0.1m | €0.1m | €0.2m | ▲ 17.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | €0.3m | €0.001m | €0.7m | -€0.4m | €0.1m | €0.3m | €0.04m | ▼ 85.8% |
| + Depreciation and write-downs630 | €0.008m | €0.02m | €22 | €0.02m | €0.5m | €0.1m | €0.1m | €0.1m | ▼ 5.0% |
| Operating cash flow (approximation) | €0.4m | €0.3m | €0.001m | €0.7m | €0.1m | €0.3m | €0.4m | €0.2m | ▼ 56.8% |
| Investment in fixed assets (approximation) | - | €2.0m | €10.3m | -€14.2m | -€0.4m | -€0.03m | -€0.04m | -€0.01m | ▲ 70.8% |
| Change in cash | - | €0.6m | -€1.0m | €1.6m | -€0.9m | -€0.2m | €0.1m | €0.2m | ▲ 132% |
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 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-12-2025 | abbreviated format | 27-07-2026 | 2026-00335989 | NBB |
| 30-12-2024 | abbreviated format | 16-07-2025 | 2025-00276708 | |
| 30-12-2023 | abbreviated format | 23-07-2024 | 2024-00274285 | |
| 30-12-2022 | abbreviated format | 24-05-2024 | 2024-00095233 | |
| 30-12-2021 | micro format | 24-05-2024 | 2024-00095078 | |
| 30-12-2020 | abbreviated format | 19-07-2021 | 2021-36900450 | |
| 30-12-2019 | abbreviated format | 31-07-2020 | 2020-37400282 | |
| 30-12-2018 | micro format | 15-07-2019 | 2019-34000312 | |
| 30-12-2017 | micro format | 28-06-2018 | 2018-27600279 | |
| 30-12-2016 | abbreviated format | 20-06-2017 | 2017-19100466 |
Comparable companies
These companies have the same main activity as FATES: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €9.5m and €24m, founded between 2007 and 2011.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| FATES Destelbergen | 2007 | €16.3m | €9.6m | €0.2m | €0.04m | 0 | 2025 |
| BEHEER COMPANY VERBAKEL Tongeren-Borgloon | 2007 | €14.2m | €10.3m | €0.1m | €0.02m | 0 | 2025 |
| K-INVEST Evergem | 2009 | €24.3m | €21.5m | €0.1m | €0.03m | 0 | 2025 |
| NITTON Hamme (Vl.) | 2011 | €9.5m | €1.8m | €0.1m | €0.8m | 0 | 2025 |
| ALIMA INVEST Antwerpen | 2007 | €19.4m | €11.7m | €0.2m | €0.1m | 0.3 | 2025 |
| CASELIA Saint-Georges-sur-Meuse | 2007 | €19.1m | €8.2m | €0.3m | €2.2m | 0 | 2025 |
| Allegro LD Brasschaat | 2011 | €9.9m | €9.5m | €0.2m | €0.3m | 0 | 2025 |
They were chosen from the 20,097 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Meuleman Bart |
|
| Van Orshaegen Karolina |
|
The board according to the articles of association
Board and representation
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alone
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, benoemd met of zonder beperking van duur”“Bevoegdheden van het bestuursorgaan, Hij kan bijzondere machten toekennen aan elke mandataris”“Vergoeding van de bestuurders, De algemene vergadering is bevoegd om de financiële en andere voorwaarden vast te stellen waaronder het…”“Het bestuursorgaan bepaalt of zij alleen, dan wel gezamenlijk optreden, dagelijks bestuur”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “De vennootschap kan op elk moment worden ontbonden door beslissing van de algemene vergadering beslissende in de vormen vereist voor de…”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Bij ontbinding van de vennootschap, om welke reden en op welk ogenblik het ook zij, is/zijn de bestuurder(s) in functie aangewezen als…”
- JurisdictionThis court has jurisdiction in a dispute about the company.
- One provision in the deed
Articles of association, deed of 25-02-2026
Owners and capital
Capital transactions
- 25-02-2026 Converted to unavailable equity · €4,611,212.56
- 25-02-2026 Converted to unavailable equity · €461,121.26
- 25-02-2026 Converted to unavailable equity · €5,072,333.82
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Op naam, aandeelhouders mogen kennis nemen van het register betreffende hun effecten”“Vennootschap kan uitoefening van stemrecht schorsen totdat een enkele persoon is aangewezen, vennootschap erkent maar één eigenaar voor elk…”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Nietigheid, onder levenden of door overlijden aan aandeelhouder, echtgenoot van overdrager of erflater, ascendenten en descendenten in…”“Elke overdracht onder levenden, zowel ten bezwarende titel als ten kosteloze titel, zowel vrijwillig als gedwongen (uitsluiting en…”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Volgestort bij uitgifte tenzij bevoegd orgaan anders beslist, enige aandeelhouder-bestuurder bepaalt vrij de later uit te voeren stortingen…”“Voorkeurrecht toe aan eigenaar-pandgever tenzij anders overeengekomen, voorkeurrecht toe aan blote eigenaar tenzij anders overeengekomen…”
- Profit allocationThe articles set how profit is distributed. A BV may only pay out after a balance-sheet and liquidity test.
- “De aanwending van de jaarlijkse nettowinst wordt bepaald door de algemene vergadering, op voorstel van het bestuursorgaan, waarbij elk…”
Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 25-02-2026 (in Dutch)
Group and network
Connections & network
2 current directorsThe network starts from the directors of FATES. Every other company they run is a node.
History
Acts, filings and financial milestones
25-02
Gazette deed
Resignations: Van Orshaegen Karolina (manager) and Meuleman Bart (manager)Appointments: Van Orshaegen Karolina (director) and Meuleman Bart (director) · Legal-form conversion · Capital conversion14 points ▸
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch), mentioned 3 times in the deed
- Reserve release, “statutair onbeschikbare eigen vermogensrekening, opheffing” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital
- Board meeting, “De algemene vergadering besluit de opdracht te geven aan de ondergetekende notaris om de coördinatie van de statuten op te maken en te ondertekenen, in overeens…” (deed in Dutch)
- Director resignation, Van Orshaegen Karolina (manager)
- Director appointment, Van Orshaegen Karolina (director (not named in the articles))
- Director resignation, Meuleman Bart (manager)
- Director appointment, Meuleman Bart (director (not named in the articles))
- Director discharge, Van Orshaegen Karolina
- Director discharge, Meuleman Bart
- The act holds 2 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 20259 activities
- Het deelnemen in of de directie voeren over andere vennootschappen en ondernemingen; het management en het bestuur van om het even welke ondernemingen en vennootschappen, het optreden als vereffenaar
- Het verlenen van technische, administratieve of commerciële bijstand aan alle Belgische en buitenlandse ondernemingen; het verlenen van financiële bijstand
- Zowel in België als in het buitenland, onder eender welke vorm, participaties verwerven en aanhouden
- Haar patrimonium, bestaande uit onroerende en roerende goederen of rechten, te behouden, in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden
- Het aankopen, verkopen, opschikken, uitrusten, valoriseren, bouwen, verhuren, onderverhuren of in huur nemen van onroerende goederen, al dan niet gemeubeld
- De aankoop, verhuur, onderhoud en verkoop van alle roerende goederen - desgevallend ten behoeve van eigen handelsverrichtingen of voor handelsverrichtingen van derden - zoals alle soorten materieel, gereedschappen, machines, installaties en computers, soft- en hardware
- Het aanvragen, verwerven, verhandelen en exploiteren van licenties, octrooien, merken en dergelijke
- Het administratief opvolgen en beheer van bestanden en archieven
- Het begeleiden van kleine, middelgrote en grote ondernemingen in de meest ruime zin
Invoicing and payment
Financial year and general meeting
Accounts at the NBBThe scores and ratios are Checked's own calculations, not a credit decision.
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44013A0399/00R000 | Flanders | 1,365 m² | 1 · 249 m² | 13.2 m · 2 |