ACTIVE

FAS DEVELOPMENT

Financial year 2025 · closed on 31/12/2025
Net result
6,6 k €
+162.0% YoY
Gross margin
3 k €
-35.0% YoY
Equity
77,9 k €
+9.2% YoY

What does FAS DEVELOPMENT do?

FAS DEVELOPMENT is a Private limited company incorporated in 1997. Its main activity is: Market research and public opinion polling. Its registered office is in Uccle.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0460.281.034
Incorporation
25/03/1997
Legal form
Private limited company
Registered office
Avenue Jean et Pierre Carsoel 50
1180 Uccle · BruxellesSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Joint committees (1)
  • 218
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin3 k €4,6 k €8,2 k €32,2 k €37,6 k €24,6 k €24,5 k €27,9 k €15,9 k €61 k €34 k €23,4 k €270,2 k €11,7 k €57,9 k €-13,7 k €27,6 k €-33,6 k €29,9 k €
EBITDA3 k €4,6 k €8 k €31,9 k €35,1 k €-2,9 k €22,1 k €24,7 k €12,2 k €57,8 k €30,8 k €20,2 k €267 k €8,5 k €50,5 k €-16,2 k €18,8 k €-57 k €15,8 k €
Operating result409,5 €3,5 k €6,6 k €30,4 k €5,2 k €-3,8 k €20,6 k €23,1 k €11 k €56,7 k €30,2 k €2,3 k €262,7 k €4,1 k €8,1 k €-25,1 k €5,1 k €-69,1 k €8,9 k €
Net result6,6 k €2,5 k €119,2 k €23,9 k €2,5 k €-4,7 k €18,1 k €17,3 k €8 k €55,8 k €35,8 k €11,5 k €-130,9 k €2,7 k €3 k €-29,2 k €16,4 k €-72,7 k €-3 k €
Balance sheet
Equity77,9 k €71,3 k €68,8 k €-50,4 k €-74,3 k €-76,8 k €-72,2 k €-90,3 k €-107,5 k €-115,5 k €-171,3 k €-207,1 k €-218,5 k €-87,6 k €-90,3 k €-93,4 k €-64,1 k €-55,8 k €16,9 k €
Total assets380,6 k €435,3 k €478 k €535,6 k €525 k €551,9 k €576,8 k €576,7 k €754,1 k €777 k €724,2 k €758,3 k €743,8 k €1,2 M €1 M €1 M €159,7 k €97,7 k €155,8 k €
Cash449,8 €52 k €95,8 k €1,8 k €3,3 k €139,2 €1,8 k €3,9 k €4,6 k €1,8 k €584,9 €3,7 k €1,3 k €5,2 k €27,3 k €2,2 k €2,3 k €2 k €2,2 k €
Debts302,7 k €364 k €409,2 k €586,1 k €599,3 k €628,7 k €649 k €666,9 k €861,7 k €892,6 k €895,5 k €961,5 k €953,6 k €1,3 M €1,1 M €1,1 M €223,8 k €153,6 k €139 k €
Other
Workforce0,2 ETP0,5 ETP0,5 ETP
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 · 2 ended

Active mandates

Frank BEUSELINCK

Director

Active

Ended mandates

Franck BEUSELINCK

Manager

Ended
Frank BEUSELINCK

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
SinepActive
0400.055.813
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/07/202607/07/202523/09/202431/08/202330/08/202230/08/2021
General meeting18/07/202613/05/202519/09/202430/08/202330/08/202230/08/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/07/202627/07/2026FrenchPDF
Abridged model31/12/202413/05/202507/07/2025FrenchPDF
Abridged model31/12/202319/09/202423/09/2024FrenchPDF
Micro model31/12/202230/08/202331/08/2023FrenchPDF
Micro model31/12/202130/08/202230/08/2022FrenchPDF
Micro model31/12/202030/08/202130/08/2021FrenchPDF
Micro model31/12/201930/07/202028/10/2020FrenchPDF
Micro model31/12/201829/08/201911/09/2019FrenchPDF
Micro model31/12/201722/08/201824/08/2018FrenchPDF
Micro model31/12/201624/08/201728/08/2017FrenchPDF
Abridged model31/12/201523/09/201626/09/2016FrenchPDF
Abridged model31/12/201412/05/201528/09/2015FrenchPDF
Abridged model31/12/201325/09/201429/09/2014FrenchPDF
Abridged model31/12/201205/09/201313/09/2013FrenchPDF
Abridged model31/12/201124/09/201226/09/2012FrenchPDF
Abridged model31/12/201010/05/201131/08/2011FrenchPDF
Abridged model31/12/200911/05/201031/08/2010FrenchPDF
Abridged model31/12/200805/10/200909/11/2009FrenchPDF
Abridged model30/06/200726/12/200722/01/2008FrenchPDF
Abridged model30/06/200602/01/200712/02/2007FrenchPDF
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 · 2 ended

Active mandates

Frank BEUSELINCK

Director

Active

Ended mandates

Franck BEUSELINCK

Manager

Ended
Frank BEUSELINCK

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares07/07/2008
    CAPITAL, ACTIONS - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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. 2025
    Annual accounts 20256,6 k €
  2. 2024
    Annual accounts 20242,5 k €
  3. 2023
    Annual accounts 2023119,2 k €
  4. 2022
    Annual accounts 202223,9 k €
  5. 2021
    Annual accounts 20212,5 k €
  6. 2020
    Annual accounts 2020-4,7 k €
  7. 2019
    Annual accounts 201918,1 k €
  8. 2018
    Annual accounts 201817,3 k €
  9. 2017
    Annual accounts 20178 k €
  10. 2016
    Annual accounts 201655,8 k €
  11. 2015
    Annual accounts 201535,8 k €
  12. 2014
    Annual accounts 201411,5 k €
  13. 2013
    Annual accounts 2013-130,9 k €
  14. 2012
    Annual accounts 20122,7 k €
  15. 2011
    Annual accounts 20113 k €
  16. 2010
    Annual accounts 2010-29,2 k €
  17. 2009
    Annual accounts 200916,4 k €
  18. 2008
    Annual accounts 2008-72,7 k €
  19. 2007
    Annual accounts 2007-3 k €
  20. 25/03/1997
    IncorporationPrivate limited company