ACTIVE

FARES

Financial year 2025 · Closed on 31/12/2025

Net result-3,5 k €-132,0 %over 1 year

Gross margin44,3 k €-12,8 %over 1 year

Equity568,4 k €-31,2 %over 1 year

Identity

Source · BCE/KBO

FARES is a Private limited company incorporated in 1999. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0466.023.830
Incorporation: 30/04/1999
Legal form: Private limited company
Registered office: Amerikalei 33 box 301
2000 Antwerpen · FlandreSee on map
Contributed capital: 343 544,00 €
Latest accounts: 31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

Solid equityLow riskPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	44,3 k €	-12.8%	50,8 k €	+3.5%	49 k €	+64.2%	29,9 k €	-69.2%	96,8 k €
EBITDA	36,9 k €	-17.3%	44,6 k €	+4.8%	42,6 k €	+87.0%	22,8 k €	-75.5%	93,1 k €
Operating result	-9,9 k €	-838%	1,3 k €	-1.9%	1,4 k €	+108%	-18 k €	-133%	54,2 k €
Net result	-3,5 k €	-132%	10,8 k €	-49.7%	21,6 k €	+697%	-3,6 k €	-111%	33,9 k €
Balance sheet
Equity	568,4 k €	-31.2%	826,5 k €	+1.3%	815,7 k €	+2.7%	794,1 k €	-0.5%	797,7 k €
Total assets	861,5 k €	+0.3%	858,6 k €	-27.7%	1,2 M €	-1.9%	1,2 M €	-7.9%	1,3 M €
Cash	28,2 k €	-27.7%	39 k €	-47.8%	74,7 k €	+7.5%	69,5 k €	-48.1%	134 k €
Debts	270,8 k €	+4948%	5,4 k €	-98.5%	348 k €	-11.2%	391,7 k €	-20.4%	491,8 k €

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 31/12/2025

2 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ellie gulickx	Directorsince 28/12/2000Manager28/12/2000 → 2007 accountsended
frank moyaert	Directorsince 27/04/1999Manager27/04/1999 → 2008 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ellie Hendrik Maria Gulickx	Director28/12/2000 → 2019 accountsManager28/12/2000 → 2018 accounts
ELLY GULICKX	Manager28/12/2000 → 2008 accounts
Elly Hendrik Maria Gulickx	Manager28/12/2000 → 2014 accounts

Other companies at this address

Amerikalei 33 2000 Antwerpen

Company	CBE no.
CHOCEN● Active	0757.915.834
Ciné Odéon/Oude God● Active	0404.570.568
Cupola● Active	0453.889.031
DANTRO● Active	0832.647.604
DOMI CURA● Active	0886.049.963
J&K Invest And Management● Active	0721.725.629
Nobel● Active	0413.832.385
Nobel Development● Active	0752.584.594
Vereniging van Mede-eigenaars van het gebouw "Residentie Toen" gelegen te 2000 Antwerpen, Amerikalei 33● Active	0797.836.678
VIRTUAR● Active	0780.463.978

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	22/05/2026	20/05/2025	12/07/2024	19/06/2023	23/08/2022	25/08/2021
General meeting	16/05/2026	17/05/2025	19/06/2024	20/05/2023	31/05/2022	31/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	16/05/2026	22/05/2026	Dutch	PDF
Micro model	31/12/2024	17/05/2025	20/05/2025	Dutch	PDF
Micro model	31/12/2023	19/06/2024	12/07/2024	Dutch	PDF
Micro model	31/12/2022	20/05/2023	19/06/2023	Dutch	PDF
Micro model	31/12/2021	31/05/2022	23/08/2022	Dutch	PDF
Micro model	31/12/2020	31/05/2021	25/08/2021	Dutch	PDF
Abridged model	31/12/2019	16/05/2020	09/06/2020	Dutch	PDF
Abridged model	31/12/2018	15/06/2019	09/07/2019	Dutch	PDF
Abridged model	31/12/2017	19/05/2018	11/06/2018	Dutch	PDF
Abridged model	31/12/2016	20/05/2017	12/06/2017	Dutch	PDF
Abridged model	31/12/2015	21/05/2016	14/06/2016	Dutch	PDF
Abridged model	31/12/2014	16/05/2015	28/05/2015	Dutch	PDF
Abridged model	31/12/2013	17/05/2014	16/06/2014	Dutch	PDF
Abridged model	31/12/2012	18/05/2013	06/06/2013	Dutch	PDF
Abridged model	31/12/2011	19/05/2012	14/06/2012	Dutch	PDF
Abridged model	31/12/2010	21/05/2011	08/06/2011	Dutch	PDF
Abridged model	31/12/2009	15/05/2010	31/05/2010	Dutch	PDF
Abridged model	31/12/2008	28/04/2009	11/05/2009	Dutch	PDF
Abridged model	31/12/2007	05/06/2008	02/07/2008	Dutch	PDF
Abridged model	31/12/2006	16/06/2007	13/07/2007	Dutch	PDF

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 31/12/2025

2 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ellie gulickx	Directorsince 28/12/2000Manager28/12/2000 → 2007 accountsended
frank moyaert	Directorsince 27/04/1999Manager27/04/1999 → 2008 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ellie Hendrik Maria Gulickx	Director28/12/2000 → 2019 accountsManager28/12/2000 → 2018 accounts
ELLY GULICKX	Manager28/12/2000 → 2008 accounts
Elly Hendrik Maria Gulickx	Manager28/12/2000 → 2014 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/05/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/11/2018
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares13/01/2014
KAPITAALVERHOGING - WIJZIGING STATUTEN
PDF
Restructuring20/05/2009
ONTSLAG NIET-STATUTAIRE ZAAKVOERDER - FUSIE DOOR
PDF
Restructuring12/03/2009
FUSIEVOORSTEL
PDF
Capital / shares15/02/2006
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares23/02/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

Filings20 filings

Mandates

ELLIE GULICKX

FRANK MOYAERT

Ellie Hendrik Maria Gulickx

Elly Hendrik Maria Gulickx

ELLY GULICKX

Christiane Jenny Raphaël Declercq

CHRISTIANE DECLERCQ

Frank Ignace Huguette Moyaert

1999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

FARES

Amerikalei 33 bte 301, 2000 Antwerp

DirectorManager

Manager

DirectorManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Amerikalei 33 bte 301, 2000 AntwerpCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00118543

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
FARESCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00118543

Events

2025
Annual accounts 2025-3,5 k €↓
2024
Annual accounts 202410,8 k €↓
2023
Annual accounts 202321,6 k €↑
2022
Annual accounts 2022-3,6 k €↓
2021
Annual accounts 202133,9 k €↑
2020
Annual accounts 202027,8 k €↑
2019
Annual accounts 2019-15,3 k €↓
2018
Annual accounts 201838,1 k €↓
2017
Annual accounts 201742,4 k €↓
2016
Annual accounts 201646,6 k €↓
2015
Annual accounts 201553,2 k €↓
2014
Annual accounts 201462,6 k €↑
2013
Annual accounts 201337,7 k €↓
2012
Annual accounts 201268,4 k €↑
2011
Annual accounts 201165,9 k €↑
2010
Annual accounts 201062,1 k €↑
2009
Annual accounts 200919,2 k €↓
2008
Annual accounts 200865,9 k €↓
2007
Annual accounts 200795,8 k €↑
2006
Annual accounts 2006-6,6 k €
30/04/1999
IncorporationPrivate limited company

FARES

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events