FFAB
The computed 12-month bankruptcy probability of FFAB is 2.0% (moderate). The 2025 annual accounts show equity of €49k and a net result of €-30k. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €49k |
| Net result | €-30k |
| Active | 6 yrs |
| Board | 1 |
Fragile profile, watch profitability in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-20k |
| Net profit | €-30k |
| Cash flow | €-22k |
| Staff costs | €0 |
| Income taxes | €262 |
| Dividends | - |
| Total assets | €553k |
| Equity | €49k |
| Debt | €504k |
| of which ≤ 1y | €504k |
| of which > 1y | - |
| Working capital | €20k |
| Employees (FTE) | 0.0 |
| 2025 | |
|---|---|
| Current ratio | 1.04 |
| Quick ratio | 0.43 |
| Working capital ratio | 3.5% |
| Solvency | 8.9% |
| Debt / equity | 10.27 |
| Long-term debt ratio | - |
| Interest coverage | -13.09 |
| Gross margin | - |
| Net margin | - |
| ROA | -5.4% |
| ROE | -61.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €553k |
| Fixed assets | 21/28 | €30k |
| Tangible fixed assets | 22/27 | €30k |
| Current assets | 29/58 | €524k |
| Stocks & contracts in progress | 3 | €307k |
| Amounts receivable within one year | 40/41 | €156k |
| Cash & bank | 54/58 | €61k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €553k |
| Equity | 10/15 | €49k |
| Contributions / capital | 10/11 | €10k |
| Reserves | 13 | €39k |
| Amounts payable | 17/49 | €504k |
| Amounts payable within one year | 42/48 | €504k |
| Trade debts payable within one year | 44 | €86k |
| Income statement | ||
| Gross operating margin | 9900 | €-18k |
| Operating result | 9901 | €-28k |
| Financial income | 75 | €251 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-30k |
| Income taxes | 67/77 | €262 |
| Net result for the period | 9904 | €-30k |
| Result to be appropriated | 9905 | €-30k |
-
Current30-01-2023 → present
Former directors (1)
-
Bert WilmssenDirectorState Gazette act 23020079 (09-02-2023)Former- → 30-01-2023
| NACE primary | Algemene bouw van residentiële gebouwen(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 12-09-2019 |
| Status | Active |
| Postal code | 2242 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11033A0050/00L003 | Flanders | 2,984 m² | 1 · 205 m² | 12.2 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
09-02-2023 1 director appointed, 1 resigning
- Bert Wilmssen, Bestuurder
- Bert Wilmssen, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Bert Wilmssen",
"address": "Nachtegaaldreef 22, 2242 Pulderbos",
"birth_date": null,
"profession": null,
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},
"reason": "de_plein_droit_dissolution",
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2023-01-30",
"evidence_quote": "uit het verslag van de bijzondere algemene vergadering dd. 1 juli 2022, gehouden op de maatschappelijke zetel te Pulderbos, blijkt dat de vergadering met unanimiteit van stemmen heeft beslist om de heer Bert Wilmssen Nachtegaaldreef 22, 2242 Pulderbos, te ontslaan als bestuurder van de vennootschap,",
"decharge_status": null,
"mandate_duration": {
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},
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"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
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},
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"subkind": "regular",
"via_org": {
"kbo": "0879.232.744",
"name": "Wilimmo BV",
"address": "Wechelsebaan 143 bus 3, 2275 Lille",
"country": "BE",
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": "2023-01-30",
"evidence_quote": "Onmiddellijk daaropvolgend beslist de vergadering met unanimiteit van stemmen om : -BV Wilimmo, Wechelsebaan 143 bus 3, 2275 Lille, ondernemingsriummer 0879.232.744, met als vaste vertegenwoordiger de heer Bert Wilmssen te benoemen als bestuurder van de vennootschap, en dit met irigang van heden.",
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},
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2023-01-30",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2022-07-01",
"unanimous": true
},
{
"body": "bijzondere_algemene_vergadering",
"date": "2023-01-30",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0734.397.985",
"name_full": "FFAB",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameNL | FFAB |