ACTIVE

FairFin

Financial year 2023 · Closed on 31/12/2023

Net result-21,2 k €-92,8 %over 1 year
Gross margin338,3 k €-22,3 %over 1 year
Equity245 k €-8,0 %over 1 year

Identity

Source · BCE/KBO

FairFin is a Non-profit organization incorporated in 1982. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Schaerbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0423.552.973
Incorporation
27/06/1982
Legal form
Non-profit organization
Registered office
Rue du Progrès 323 box 10
1030 Schaerbeek · BruxellesSee on map
Latest accounts
31/12/2023
Joint committees (2)
  • 329
  • 32901
Signals
Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 17 financial years

20232022202120202019
Income statement
Gross margin338,3 k €435,2 k €356,4 k €344,6 k €280,6 k €
EBITDA-11 k €-1,4 k €-1,7 M €34,3 k €-101,6 k €
Operating result-20,8 k €-10,3 k €-1,8 M €24,5 k €-106,6 k €
Net result-21,2 k €-11 k €-1,8 M €27,1 k €-109,7 k €
Balance sheet
Equity245 k €266,3 k €277,3 k €2 M €2 M €
Total assets302,6 k €351,7 k €425,9 k €2,1 M €2 M €
Cash217,7 k €234,8 k €236,3 k €573,3 k €536,3 k €
Debts57,6 k €49,6 k €48,7 k €41,4 k €40,2 k €
Other
Workforce––––5,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2023

11 active · 13 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Bartholomeus Conix
Directorsince 25/03/2023
Frédéric Madry
Directorsince 25/03/2023
Greg Van Elsen
Directorsince 25/03/2023
Jana Vanderkelen
Directorsince 25/03/2023
Yelter Bollen
Directorsince 25/03/2023
Floris Verbraeken
Directorsince 17/03/2018
Laura Deruytter
Directorsince 17/03/2018
Erik Baelus
Director23/02/2017 → 25/03/2023Chairman of the board of directors2015 accountsended
Erik Van Laecke
Directorsince 23/02/2017
Joost Mulder
Directorsince 23/02/2017
Pieter-Jan Van de Velde
Director21/03/2015 → 25/03/2023

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Emiel Vervliet
Director21/03/2015 → 2018 accounts
Isabel Bombeke
Director23/02/2017 → 2018 accounts
Robert Van Damme
Director23/02/2017 → 2018 accounts

Other companies at this address

Rue du Progrès 323 1030 Schaerbeek
CompanyCBE no.
0466.089.354
0651.600.468
BRENCO● Active
0454.131.234
0880.380.017
CPZ● Active
0419.335.552
CSC-Building● Active
0881.407.920
0846.094.970
EVA BXL● Active
0456.315.912
0637.796.279
FOVIG● Active
0431.976.236
0474.368.206
HISTORIES● Active
0683.950.166
IMMO CSC● Active
0479.478.126
0766.903.873
LIEDTSITE● Liquidation
0640.963.627
0473.325.752
NOOZO● Active
0778.291.475
0475.627.523
0476.429.158
Soo-Fôly● Active
0676.956.763

Full financial information

Source · NBB
202320222021202020192018
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/03/202429/06/202323/06/202225/06/202102/07/202003/07/2019
General meeting23/03/202425/03/202326/03/202220/03/202112/06/202016/03/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202323/03/202429/03/2024DutchPDF
Micro model31/12/202225/03/202329/06/2023DutchPDF
Micro model31/12/202126/03/202223/06/2022DutchPDF
Micro model31/12/202020/03/202125/06/2021DutchPDF
Abridged model31/12/201912/06/202002/07/2020DutchPDF
Abridged model31/12/201816/03/201903/07/2019DutchPDF
Abridged model31/12/201717/03/201830/07/2018DutchPDF
Abridged model31/12/201618/03/201726/07/2017DutchPDF
Abridged model31/12/201519/03/201604/07/2016DutchPDF
Abridged model31/12/201421/03/201505/05/2015DutchPDF
Abridged model31/12/201322/03/201403/06/2014DutchPDF
Abridged model31/12/201223/03/201315/04/2013DutchPDF
Abridged model31/12/201124/03/201219/04/2012DutchPDF
Abridged model31/12/201019/03/201124/03/2011DutchPDF
Abridged model31/12/200913/03/201001/04/2010DutchPDF
Abridged model31/12/200814/03/200903/04/2009DutchPDF
Abridged model31/12/200715/03/200821/05/2008DutchPDF
Abridged model31/12/200617/03/200729/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2023

11 active · 13 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Bartholomeus Conix
Directorsince 25/03/2023
Frédéric Madry
Directorsince 25/03/2023
Greg Van Elsen
Directorsince 25/03/2023
Jana Vanderkelen
Directorsince 25/03/2023
Yelter Bollen
Directorsince 25/03/2023
Floris Verbraeken
Directorsince 17/03/2018
Laura Deruytter
Directorsince 17/03/2018
Erik Baelus
Director23/02/2017 → 25/03/2023Chairman of the board of directors2015 accountsended
Erik Van Laecke
Directorsince 23/02/2017
Joost Mulder
Directorsince 23/02/2017
Pieter-Jan Van de Velde
Director21/03/2015 → 25/03/2023

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Emiel Vervliet
Director21/03/2015 → 2018 accounts
Isabel Bombeke
Director23/02/2017 → 2018 accounts
Robert Van Damme
Director23/02/2017 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/07/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/05/2023
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates06/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/01/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/01/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/03/2017
    Ontslagname uit raad van bestuur - gemandateerde bestuurders
    PDF
  • Other14/07/2016
    ‘0423.552.973
    PDF
  • Other26/05/2015
    Verkiezing leden raad van bestuur
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings17 filings
Mandates
Jana Vanderkelen
Frédéric Madry
Bartholomeus Conix
Yelter Bollen
Greg Van Elsen
Laura Deruytter
Floris Verbraeken
Joost Mulder
Erik Baelus
Erik Van Laecke
Pieter-Jan Van de Velde
Isabel Bombeke
198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
FairFinNETWERK VLAANDEREN
Vooruitgangstraat 333 bte 9, 1030 Schaerbeek
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue du Progrès 323 bte 10, 1030 SchaerbeekCurrent
CBE
Vooruitgangstraat 333 bte 9, 1030 Schaerbeek
accounts 2021 → 2023
Accounts 2023 · 2024-00055044

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
FairFinCurrent
accounts 2011 → 2023
Accounts 2023 · 2024-00055044
NETWERK VLAANDEREN
accounts 2007 → 2010
Accounts 2010 · 2011-07200357

Events

  1. 2023
    Annual accounts 2023-21,2 k €↓
  2. 2022
    Annual accounts 2022-11 k €↑
  3. 2021
    Annual accounts 2021-1,8 M €↓
  4. 2020
    Annual accounts 202027,1 k €↑
  5. 2019
    Annual accounts 2019-109,7 k €↓
  6. 2018
    Annual accounts 2018-29,6 k €↑
  7. 2017
    Annual accounts 2017-38,4 k €↓
  8. 2016
    Annual accounts 2016-12,9 k €↑
  9. 2015
    Annual accounts 2015-21,2 k €↑
  10. 2014
    Annual accounts 2014-34,4 k €↓
  11. 2013
    Annual accounts 2013-5,7 k €↓
  12. 2012
    Annual accounts 201217,1 k €↓
  13. 2011
    Annual accounts 201146,1 k €↑
  14. 2011
    Name changeFairFin
  15. 2010
    Annual accounts 2010-2,5 k €↓
  16. 2009
    Annual accounts 200914,5 k €↓
  17. 2008
    Annual accounts 200839,7 k €↓
  18. 2007
    Annual accounts 200792,7 k €
  19. 27/06/1982
    IncorporationNon-profit organization