F.S.B.
0400.377.594 · rovalta.com · 23/09/2026
ACTIVE
F.S.B.
Financial year 2025 · closed on 31/08/2025
Net result
-130,5 k €
-8.6% YoY
Gross margin
297,9 k €
+3.3% YoY
Equity
-1,6 M €
-9.1% YoY
Overview
What does F.S.B. do?
F.S.B. is a Public limited company incorporated in 1959. Its main activity is: Rental and leasing of construction and civil engineering machinery and equipment. Its registered office is in Antwerpen.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0400.377.594
Incorporation
29/03/1959
Legal form
Public limited company
Registered office
Minderbroedersrui 11
2000 Antwerpen · FlandreSee on map
2000 Antwerpen · FlandreSee on map
Contributed capital
64 000,00 €
Latest accounts
31/08/2025
Activities (NACE)
Joint committees (1)
- 100
Signals
Good liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 297,9 k € | +3.3% | 288,2 k € | +4.1% | 276,9 k € | -49.3% | 545,8 k € | – | – | – | – | – | – | – | – | – | – | – | – | – | 217,6 k € | -25.7% | 293 k € | ||||||||||||||
| EBITDA | 280,9 k € | +3.0% | 272,7 k € | +4.1% | 262 k € | -49.9% | 522,9 k € | +125% | 232 k € | -17.4% | 280,8 k € | +238% | 83,1 k € | -47.0% | 156,7 k € | +4.7% | 149,7 k € | +356% | -58,4 k € | -138% | 153,6 k € | -28.1% | 213,8 k € | +38.1% | 154,9 k € | -20.9% | 195,8 k € | +1.2% | 193,6 k € | -0.3% | 194,2 k € | +53.9% | 126,2 k € | -36.5% | 198,9 k € | -26.6% | 270,8 k € |
| Operating result | 123,1 k € | +7.2% | 114,9 k € | +9.3% | 105,1 k € | -71.3% | 366 k € | +387% | 75,1 k € | -39.4% | 123,9 k € | +351% | -49,4 k € | -903% | 6,2 k € | -77.5% | 27,3 k € | +147% | -58,7 k € | -139% | 152,3 k € | -28.3% | 212,5 k € | +38.4% | 153,6 k € | -21.1% | 194,6 k € | +1.2% | 192,3 k € | -0.3% | 193 k € | +53.9% | 125,4 k € | -36.1% | 196,1 k € | -26.6% | 267 k € |
| Net result | -130,5 k € | -8.6% | -120,2 k € | +17.3% | -145,2 k € | -124% | 609,9 k € | +746% | -94,5 k € | +97.0% | -3,2 M € | -4172% | -73,9 k € | +41.8% | -127 k € | -137% | 341,9 k € | -78.2% | 1,6 M € | +824% | 170 k € | -19.9% | 212,3 k € | +28.0% | 165,9 k € | -27.7% | 229,5 k € | -5.1% | 241,8 k € | +11.1% | 217,6 k € | +258% | 60,8 k € | -77.3% | 268,4 k € | -90.1% | 2,7 M € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | -1,6 M € | -9.1% | -1,4 M € | -9.2% | -1,3 M € | -12.5% | -1,2 M € | +34.3% | -1,8 M € | -5.6% | -1,7 M € | -214% | 1,5 M € | -71.4% | 5,1 M € | -2.4% | 5,3 M € | +9.1% | 4,8 M € | +48.2% | 3,3 M € | +5.5% | 3,1 M € | +7.4% | 2,9 M € | +6.1% | 2,7 M € | +9.2% | 2,5 M € | -9.4% | 2,7 M € | +8.6% | 2,5 M € | +2.5% | 2,5 M € | -45.2% | 4,5 M € |
| Total assets | 2,7 M € | -2.1% | 2,8 M € | -4.0% | 2,9 M € | -15.4% | 3,4 M € | +18.5% | 2,9 M € | -9.1% | 3,2 M € | -49.2% | 6,3 M € | -6.5% | 6,7 M € | +1.6% | 6,6 M € | +12.2% | 5,9 M € | +37.9% | 4,3 M € | -4.3% | 4,5 M € | -0.9% | 4,5 M € | +1.9% | 4,4 M € | +16.0% | 3,8 M € | +3.9% | 3,7 M € | +3.5% | 3,5 M € | -1.9% | 3,6 M € | -39.3% | 5,9 M € |
| Cash | 29,3 k € | -77.2% | 128,5 k € | +2.7% | 125,1 k € | -21.8% | 160 k € | +209% | 51,7 k € | -28.9% | 72,8 k € | +7122% | 1 k € | -69.0% | 3,2 k € | -83.1% | 19,3 k € | -63.9% | 53,4 k € | +308% | 13,1 k € | -40.8% | 22,1 k € | +38.5% | 15,9 k € | +845% | 1,7 k € | -83.1% | 10 k € | -47.2% | 18,9 k € | +653% | 2,5 k € | -95.4% | 54 k € | -90.1% | 546,5 k € |
| Debts | 3,9 M € | +2.7% | 3,8 M € | +0.9% | 3,7 M € | -8.7% | 4,1 M € | -1.1% | 4,1 M € | -3.2% | 4,3 M € | +3.6% | 4,1 M € | +393% | 835 k € | +14.5% | 729 k € | +195% | 246,7 k € | -74.8% | 980,7 k € | -27.5% | 1,4 M € | -15.8% | 1,6 M € | -4.8% | 1,7 M € | +28.2% | 1,3 M € | +58.5% | 830,9 k € | -8.4% | 907,3 k € | -12.0% | 1 M € | -22.9% | 1,3 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | 0,0 ETP | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | ||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/08/2025 · 2 active · 31 ended
Active mandates
Matthias Neirynck
ActiveEnded mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Alexander Van gestel● Active | 1031.563.326 |
CC PARTNERSHIP● Active | 0765.219.835 |
Down2Earth Capital● Liquidation | 0536.345.068 |
Down2Earth Capital II● Active | 0695.614.417 |
Down2Earth Capital III● Active | 1009.238.379 |
Down2Earth Cinvestco● Active | 1011.351.593 |
Down2Earth Cinvestco II● Active | 1018.239.583 |
| 1017.668.768 | |
Down2Earth Cinvestco Partnership● Active | 1009.752.479 |
| 1002.584.872 | |
Down2Earth Investment Fund● Liquidation | 0542.782.504 |
| 0744.580.611 | |
Down2Earth Partners● Active | 0535.891.841 |
Down2Earth Partners II● Active | 1008.963.019 |
Down2Earth Privak● Liquidation | 0536.347.741 |
E2D1● Active | 1019.037.062 |
The Teak Holding● Active | 0791.207.719 |
| 0741.878.962 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Full model | Full model |
| Start of the financial year | 01/09/2024 | 01/09/2023 | 01/09/2022 | 01/09/2021 | 01/09/2020 | 01/09/2019 |
| Closing of the financial year | 31/08/2025 | 31/08/2024 | 31/08/2023 | 31/08/2022 | 31/08/2021 | 31/08/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 03/04/2026 | 29/08/2025 | 04/06/2024 | 16/05/2023 | 30/03/2022 | 06/07/2021 |
| General meeting | 26/01/2026 | 28/02/2025 | 29/02/2024 | 14/02/2023 | 08/02/2022 | 28/02/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/08/2025 | 26/01/2026 | 03/04/2026 | Dutch | |
| Abridged model | 31/08/2024 | 28/02/2025 | 29/08/2025 | Dutch | |
| Abridged model | 31/08/2023 | 29/02/2024 | 04/06/2024 | Dutch | |
| Abridged model | 31/08/2022 | 14/02/2023 | 16/05/2023 | Dutch | |
| Full model | 31/08/2021 | 08/02/2022 | 30/03/2022 | Dutch | |
| Full model | 31/08/2020 | 28/02/2021 | 06/07/2021 | Dutch | |
| Full model | 31/08/2019 | 25/02/2020 | 30/04/2020 | Dutch | |
| Full model | 31/08/2018 | 26/02/2019 | 20/03/2019 | Dutch | |
| Full model | 31/08/2017 | 27/03/2018 | 30/03/2018 | Dutch | |
| Full model | 31/08/2016 | 23/06/2017 | 13/07/2017 | Dutch | |
| Full model | 31/08/2015 | 29/02/2016 | 24/06/2016 | Dutch | |
| Full model | 31/08/2014 | 10/02/2015 | 02/03/2015 | Dutch | |
| Full model | 31/08/2013 | 11/02/2014 | 10/03/2014 | Dutch | |
| Full model | 31/08/2012 | 15/03/2013 | 28/03/2013 | Dutch | |
| Full model | 31/08/2011 | 14/02/2012 | 14/03/2012 | Dutch | |
| Full model | 31/08/2010 | 08/02/2011 | 07/03/2011 | Dutch | |
| Full model | 31/08/2009 | 09/02/2010 | 26/02/2010 | Dutch | |
| Full model | 31/08/2008 | 13/03/2009 | 31/03/2009 | Dutch | |
| Abridged model | 31/12/2007 | 10/06/2008 | 18/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 12/06/2007 | 01/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/08/2025 · 2 active · 31 ended
Active mandates
Matthias Neirynck
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates22/05/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
- Mandates27/01/2022ONTSLAGEN - BENOEMINGEN
- Registered office26/11/2020MAATSCHAPPELIJKE ZETEL
- Mandates16/10/2019MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates19/09/2018ONTSLAGEN - BENOEMINGEN
- Registered office06/12/2017MAATSCHAPPELIJKE ZETEL
- Mandates14/11/2016ONTSLAGEN - BENOEMINGEN
- Mandates18/12/2014ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-130,5 k €↓
- 2024Annual accounts 2024-120,2 k €↑
- 2023Annual accounts 2023-145,2 k €↓
- 2022Annual accounts 2022609,9 k €↑
- 2021Annual accounts 2021-94,5 k €↑
- 2020Annual accounts 2020-3,2 M €↓
- 2019Annual accounts 2019-73,9 k €↑
- 2018Annual accounts 2018-127 k €↓
- 2017Annual accounts 2017341,9 k €↓
- 2015Annual accounts 20151,6 M €↑
- 2014Annual accounts 2014170 k €↓
- 2013Annual accounts 2013212,3 k €↑
- 2012Annual accounts 2012165,9 k €↓
- 2011Annual accounts 2011229,5 k €↓
- 2010Annual accounts 2010241,8 k €↑
- 2009Annual accounts 2009217,6 k €↑
- 2008Annual accounts 200860,8 k €↓
- 2007Annual accounts 2007268,4 k €↓
- 2006Annual accounts 20062,7 M €
- 29/03/1959IncorporationPublic limited company