ACTIVE

FAES

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Financial year 2025 · closed on 31/12/2025

Net result

1,5 k €

-73.0% YoY

Gross margin

24,2 k €

-17.9% YoY

Equity

173,8 k €

+0.9% YoY

What does FAES do?

FAES is a Private limited company incorporated in 1983. Its main activity is: Construction of buildings. Its registered office is in Puurs-Sint-Amands.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0424.015.704

Incorporation

02/05/1983

Legal form

Private limited company

Registered office

Violetstraat 33
2870 Puurs-Sint-Amands · FlandreSee on map

Contributed capital

107 871,45 €

Latest accounts

31/12/2025

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43320Joinery installation 43320Joinery installation 71111Architectural activities 71111Architectural activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	24,2 k €	-17.9%	29,5 k €	-9.6%	32,7 k €	-26.2%	44,3 k €	+192%	15,1 k €	-62.1%	39,9 k €	+6.6%	37,4 k €	-16.8%	45 k €	-6.0%	47,9 k €	+109%	22,9 k €	+22.0%	18,8 k €	-43.5%	33,3 k €	+292%	8,5 k €	+1.1%	8,4 k €	+845%	-1,1 k €	-111%	10,2 k €	-79.3%	49,5 k €	+179%	17,7 k €
EBITDA	19,3 k €	-22.0%	24,7 k €	-12.0%	28,1 k €	+22.1%	23 k €	+124%	10,3 k €	-71.5%	36 k €	+6.6%	33,7 k €	-18.5%	41,4 k €	-6.1%	44,1 k €	+92.2%	22,9 k €	+51.6%	15,1 k €	-47.0%	28,5 k €	+382%	5,9 k €	-3.1%	6,1 k €	+246%	-4,2 k €	-152%	8 k €	-83.2%	47,8 k €	+181%	17 k €
Operating result	9,1 k €	-37.3%	14,6 k €	-18.1%	17,8 k €	-39.4%	29,3 k €	+6346%	455,1 €	-98.0%	22,2 k €	-5.9%	23,6 k €	-24.5%	31,2 k €	-8.0%	33,9 k €	+277%	9 k €	+80.4%	5 k €	-72.3%	18 k €	+496%	-4,6 k €	-4.4%	-4,4 k €	+70.2%	-14,7 k €	-589%	-2,1 k €	-106%	37,6 k €	+450%	6,8 k €
Net result	1,5 k €	-73.0%	5,6 k €	-13.1%	6,5 k €	-58.4%	15,6 k €	+238%	-11,3 k €	-246%	7,7 k €	+139%	3,2 k €	+2955%	105,6 €	-98.8%	8,9 k €	+192%	-9,7 k €	+34.2%	-14,8 k €	-153%	-5,8 k €	+76.3%	-24,6 k €	+0.8%	-24,8 k €	+34.1%	-37,6 k €	-270%	-10,2 k €	-135%	29,2 k €	+554%	4,5 k €
Balance sheet
Equity	173,8 k €	+0.9%	172,3 k €	-39.9%	286,6 k €	+2.3%	280,2 k €	+5.9%	264,6 k €	+120%	120,5 k €	+6.8%	112,8 k €	+2.9%	109,6 k €	+0.1%	109,5 k €	+8.9%	100,5 k €	-8.8%	110,3 k €	-11.8%	125,1 k €	-4.5%	130,9 k €	+394%	-44,5 k €	-126%	-19,7 k €	-210%	17,9 k €	-36.2%	28,1 k €	+2599%	-1,1 k €
Total assets	377,9 k €	-7.6%	409 k €	-14.7%	479,6 k €	-8.8%	525,7 k €	-8.6%	575 k €	+27.1%	452,5 k €	-29.7%	643,6 k €	+0.7%	639,2 k €	-0.8%	644,4 k €	+39.0%	463,6 k €	-1.6%	471,3 k €	-4.2%	491,7 k €	-12.5%	561,8 k €	+22.3%	459,3 k €	-7.0%	494,1 k €	-1.1%	499,7 k €	+122%	224,6 k €	+4.4%	215,2 k €
Cash	29,7 k €	-41.1%	50,5 k €	-50.4%	101,8 k €	-21.2%	129,1 k €	-29.9%	184,1 k €	+1597%	10,8 k €	-94.2%	186,1 k €	+5.1%	177 k €	+0.0%	177 k €	+2319%	7,3 k €	+52.7%	4,8 k €	-58.2%	11,5 k €	+15.3%	9,9 k €	-33.8%	15 k €	-59.5%	37,1 k €	+229%	11,3 k €	-37.1%	17,9 k €	-20.7%	22,6 k €
Debts	195,6 k €	-14.4%	228,4 k €	+25.6%	181,8 k €	-22.3%	233,9 k €	-21.4%	297,6 k €	-6.5%	318,5 k €	-38.1%	514,7 k €	-0.1%	515,5 k €	-1.1%	520,9 k €	+48.6%	350,7 k €	+1.2%	346,5 k €	-2.0%	353,4 k €	-16.6%	424 k €	-14.9%	498 k €	-2.1%	508,5 k €	+5.5%	481,8 k €	+145%	196,5 k €	-9.2%	216,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Kurt Faes

Director · since 08 décembre 2023

Active

Ended mandates

Kurt Faes

Manager · since 10 février 2006

Ended

Jozef Faes

Manager

Ended

Kurt Faes

Director

Ended

Kurt Faes

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ADVOCATENKANTOOR FAES● Active	0828.254.393

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	12/08/2025	28/06/2024	03/07/2023	14/06/2022	17/06/2021
General meeting	17/08/2026	05/08/2025	24/06/2024	09/06/2023	10/06/2022	11/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	17/08/2026	31/08/2026	Dutch	PDF
Micro model	31/12/2024	05/08/2025	12/08/2025	Dutch	PDF
Micro model	31/12/2023	24/06/2024	28/06/2024	Dutch	PDF
Micro model	31/12/2022	09/06/2023	03/07/2023	Dutch	PDF
Micro model	31/12/2021	10/06/2022	14/06/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	17/06/2021	Dutch	PDF
Micro model	31/12/2019	12/06/2020	10/07/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	08/07/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	11/06/2018	Dutch	PDF
Abridged model	31/12/2016	09/06/2017	27/06/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	04/08/2016	Dutch	PDF
Abridged model	31/12/2014	24/06/2015	16/07/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	10/07/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	18/06/2013	Dutch	PDF
Abridged model	31/12/2011	08/06/2012	18/06/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	22/08/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	12/06/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	21/08/2007	Dutch	PDF

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.

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Kurt Faes

Director · since 08 décembre 2023

Active

Ended mandates

Kurt Faes

Manager · since 10 février 2006

Ended

Jozef Faes

Manager

Ended

Kurt Faes

Director

Ended

Kurt Faes

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office16/02/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates03/07/2012
DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares18/08/2011
KAPITAAL - AANDELEN
PDF
Mandates04/10/2006
ONTSLAGEN - BENOEMINGEN - DOEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates16/08/2006
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 20251,5 k €↓
2024
Annual accounts 20245,6 k €↓
2023
Annual accounts 20236,5 k €↓
2022
Annual accounts 202215,6 k €↑
2021
Annual accounts 2021-11,3 k €↓
2018
Annual accounts 20187,7 k €↑
2017
Annual accounts 20173,2 k €↑
2016
Annual accounts 2016105,6 €↓
2015
Annual accounts 20158,9 k €↑
2014
Annual accounts 2014-9,7 k €↑
2013
Annual accounts 2013-14,8 k €↓
2012
Annual accounts 2012-5,8 k €↑
2011
Annual accounts 2011-24,6 k €↑
2010
Annual accounts 2010-24,8 k €↑
2009
Annual accounts 2009-37,6 k €↓
2008
Annual accounts 2008-10,2 k €↓
2007
Annual accounts 200729,2 k €↑
2006
Annual accounts 20064,5 k €
02/05/1983
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FAES

Overview

What does FAES do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline