ACTIVE

F-A-S

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Financial year 2026 · closed on 31/03/2026
Net result
128,1 k €
-16.9% YoY
Gross margin
386,1 k €
-4.9% YoY
Equity
418,9 k €
+8.3% YoY
Workforce
3,4 ETP
0.0% YoY

What does F-A-S do?

F-A-S is a Private limited company incorporated in 1995. Its registered office is in Torhout. It employs on average 3,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0456.861.684
Incorporation
21/12/1995
Legal form
Private limited company
Registered office
Dijlestraat 8
8820 Torhout · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/03/2026
Average workforce
3,4 ETP
Joint committees (3)
  • 100
  • 201
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202620252024202320222019201520142013201220112009200820072006
Income statement
Gross margin386,1 k €405,9 k €519,8 k €634,1 k €559 k €439,2 k €196,4 k €355,1 k €395,2 k €269,9 k €570,3 k €298,9 k €494 k €275,1 k €126,5 k €
EBITDA141,7 k €172,9 k €288,4 k €292,5 k €247,7 k €204,3 k €117,3 k €183,3 k €230 k €92,8 k €148,3 k €-8,6 k €11,6 k €-2 k €69,6 k €
Operating result140,6 k €171,7 k €287 k €289,9 k €238,6 k €196,5 k €93,6 k €166,1 k €202,4 k €88,1 k €62,1 k €-42,6 k €-11,8 k €-31,6 k €62,1 k €
Net result128,1 k €154,1 k €240,7 k €260,2 k €202 k €160,8 k €74,2 k €105,9 k €159,9 k €39,1 k €19,1 k €-42,4 k €-18,6 k €-29,9 k €38,7 k €
Balance sheet
Equity418,9 k €386,8 k €330,7 k €274 k €253,8 k €222,7 k €80 k €74,9 k €74,1 k €24,2 k €-14,9 k €-34 k €51,9 k €70,5 k €100,3 k €
Total assets699,5 k €616,5 k €794,3 k €691,2 k €616,3 k €546,5 k €278,6 k €304,1 k €378 k €428,1 k €410,2 k €320,4 k €377,8 k €387 k €417 k €
Cash279,9 k €147,8 k €321,5 k €378 k €291,7 k €285,9 k €70,7 k €33,6 k €73,4 k €41,2 k €108,7 k €57,3 k €47,5 k €50,3 k €120,7 k €
Debts279,4 k €227,8 k €462 k €417,2 k €362,4 k €323,9 k €196,6 k €226,4 k €302,6 k €357,7 k €232,2 k €204,3 k €175,9 k €310,4 k €299,2 k €
Other
Workforce3,4 ETP3,4 ETP3,4 ETP4,3 ETP4,0 ETP4,0 ETP1,1 ETP3,5 ETP4,3 ETP4,8 ETP4,3 ETP4,1 ETP4,2 ETP4,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2026 · 1 active · 14 ended

Active mandates

DESCOT

Director · since 31 août 2015 · 0635.702.564

Represented by Desender STEFAAN

Active

Ended mandates

DESCOT

Manager · since 31 août 2015 · 0635.702.564

Represented by Stefaan Desender

Ended
DESCOT

Manager · since 31 août 2015 · 0635.702.564

Represented by Stefaan Desender

Ended
TORFS FRANK AGENCY

Manager · since 01 avril 2012 · 0430.599.727

Represented by Frans Torfs

Ended
Krista BOSMANS

Manager · since 01 janvier 2011

Ended
At this address

Other companies at this address

CompanyCBE no.
DESCOT● Active
0635.702.564
Annual accounts

Full financial information

202620252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/06/202610/06/202524/06/202403/07/202315/09/202208/07/2021
General meeting03/06/202627/05/202517/06/202419/06/202313/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202603/06/202623/06/2026DutchPDF
Abridged model31/03/202527/05/202510/06/2025DutchPDF
Abridged model31/03/202417/06/202424/06/2024DutchPDF
Abridged model31/03/202319/06/202303/07/2023DutchPDF
Abridged model31/03/202213/06/202215/09/2022DutchPDF
Abridged model31/03/202111/06/202108/07/2021DutchPDF
Abridged model31/03/202007/07/202015/07/2020DutchPDF
Abridged model31/03/201930/08/201919/09/2019DutchPDF
Abridged model31/03/201814/06/201826/06/2018DutchPDF
Abridged model31/03/201730/06/201701/08/2017DutchPDF
Abridged model31/03/201621/09/201620/10/2016DutchPDF
Abridged model31/03/201528/08/201523/09/2015DutchPDF
Abridged model31/03/201427/09/201424/10/2014DutchPDF
Abridged model31/03/201330/09/201330/10/2013DutchPDF
Abridged model31/03/201230/09/201229/10/2012DutchPDF
Abridged model31/03/201130/09/201128/10/2011DutchPDF
Abridged model31/12/200926/06/201014/07/2010DutchPDF
Abridged model31/12/200826/06/200916/07/2009DutchPDF
Abridged model31/12/200720/06/200807/07/2008DutchPDF
Abridged modelCorrection31/12/200620/06/200731/10/2007DutchPDF
Abridged model31/12/200620/06/200731/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 31/03/2026 · 1 active · 14 ended

Active mandates

DESCOT

Director · since 31 août 2015 · 0635.702.564

Represented by Desender STEFAAN

Active

Ended mandates

DESCOT

Manager · since 31 août 2015 · 0635.702.564

Represented by Stefaan Desender

Ended
DESCOT

Manager · since 31 août 2015 · 0635.702.564

Represented by Stefaan Desender

Ended
TORFS FRANK AGENCY

Manager · since 01 avril 2012 · 0430.599.727

Represented by Frans Torfs

Ended
Krista BOSMANS

Manager · since 01 janvier 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/10/2021
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/09/2015
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/06/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates01/02/2011
    ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Mandates28/04/2009
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Registered office18/06/2008
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office16/01/2007
    MAATSCHAPPELIJKE ZETEL - BENAMING - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates08/04/2004
    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

Timeline

  1. 2026
    Annual accounts 2026128,1 k €↓
  2. 2025
    Annual accounts 2025154,1 k €↓
  3. 2024
    Annual accounts 2024240,7 k €↓
  4. 2023
    Annual accounts 2023260,2 k €↑
  5. 2022
    Annual accounts 2022202 k €↑
  6. 2019
    Annual accounts 2019160,8 k €↑
  7. 2015
    Annual accounts 201574,2 k €↓
  8. 2014
    Annual accounts 2014105,9 k €↓
  9. 2013
    Annual accounts 2013159,9 k €↑
  10. 2012
    Annual accounts 201239,1 k €↑
  11. 2011
    Annual accounts 201119,1 k €↑
  12. 2009
    Annual accounts 2009-42,4 k €↓
  13. 2008
    Annual accounts 2008-18,6 k €↑
  14. 2007
    Annual accounts 2007-29,9 k €↓
  15. 2006
    Annual accounts 200638,7 k €
  16. 21/12/1995
    IncorporationPrivate limited company