OPENING OF BANKRUPTCY

FOFAN

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Financial year 2024 · closed on 31/12/2024

Net result

-213,8 k €

-1787.7% YoY

Gross margin

595,9 k €

-10.3% YoY

Equity

485,6 k €

-30.6% YoY

Workforce

10,5 ETP

+12.9% YoY

Company — Opening of bankruptcy.

What does FOFAN do?

FOFAN is a Private limited company incorporated in 2014. Its registered office is in Ardooie. It employs on average 10,5 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0550.636.930

Incorporation

09/04/2014

Legal form

Private limited company

Registered office

Oostlaan 1 box 1
8850 Ardooie · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Average workforce

10,5 ETP

Joint committees (2)

Contacts

2 public details availableLog in to view

Signals

Solid equityGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015
Income statement
Gross margin	595,9 k €	-10.3%	664,2 k €	-53.0%	1,4 M €	+91.8%	736,2 k €	+14.6%	642,2 k €	+77.5%	361,8 k €	+81.6%	199,2 k €	+566%	-42,8 k €	-258%	27,1 k €	+2214%	-1,3 k €
EBITDA	-160 k €	-313%	75 k €	-93.1%	1,1 M €	+132%	469,8 k €	+21.7%	386,1 k €	+652%	51,4 k €	-31.2%	74,7 k €	+223%	-60,6 k €	-351%	24,1 k €	+1317%	-2 k €
Operating result	-201 k €	-627%	38,1 k €	-96.2%	1 M €	+169%	373 k €	+99.4%	187,1 k €	+734%	22,4 k €	-56.4%	51,5 k €	+164%	-80,5 k €	-434%	24,1 k €	+663%	-4,3 k €
Net result	-213,8 k €	-1788%	12,7 k €	-98.3%	728,1 k €	+171%	268,8 k €	+101%	133,8 k €	+594%	19,3 k €	-62.0%	50,7 k €	+162%	-81,3 k €	-543%	18,3 k €	+528%	-4,3 k €
Balance sheet
Equity	485,6 k €	-30.6%	699,4 k €	+1.8%	686,7 k €	+134%	293,9 k €	+1070%	25,1 k €	+17.7%	21,3 k €	+936%	2,1 k €	+104%	-48,7 k €	-249%	32,7 k €	+128%	14,3 k €
Total assets	1,3 M €	-31.4%	1,9 M €	-17.1%	2,3 M €	-8.7%	2,5 M €	+45.1%	1,7 M €	+257%	485,2 k €	+5.7%	459,2 k €	+103%	225,8 k €	+343%	50,9 k €	+156%	19,9 k €
Cash	12,6 k €	-88.0%	104,9 k €	-77.7%	471 k €	+11.8%	421,5 k €	+111%	199,5 k €	+186%	69,9 k €	+49.9%	46,6 k €	+1241%	3,5 k €	-92.0%	43,4 k €	+432%	8,2 k €
Debts	817,2 k €	-31.4%	1,2 M €	-25.7%	1,6 M €	-27.6%	2,2 M €	+30.0%	1,7 M €	+268%	463,5 k €	+1.8%	455,3 k €	+65.9%	274,4 k €	+1648%	15,7 k €	+182%	5,6 k €
Other
Workforce	10,5 ETP	+12.9%	9,3 ETP	+47.6%	6,3 ETP	+21.2%	5,2 ETP	-8.8%	5,7 ETP		–		–		–		–		–

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 8 ended

Active mandates

OUTHSIDE PROJECTZ

Mandate · 0797.837.668

Active

Ended mandates

OUTHSIDE PROJECTZ

Director · since 27 mars 2023 · 0797.837.668

Represented by Zoë Noyen

Ended

Joryar

Director · since 31 décembre 2020 · 0754.905.765

Represented by Francis Vangeenberghe

Ended

Francis Vangeenberghe

Director · until 31 décembre 2020

Ended

Francis Vangeenberghe

Director

Ended

At this address

Other companies at this address

Company	CBE no.
OUTHSIDE PROJECTZ● Bankrupt	0797.837.668
RT-AUTOMOTIVE● Bankrupt	0627.859.917
Wisepress● Active	0774.377.526

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2025	30/08/2024	28/03/2023	22/08/2022	30/06/2021	11/09/2020
General meeting	31/08/2025	29/06/2024	16/02/2023	25/06/2022	26/06/2021	27/06/2020
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

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	31/08/2025	30/09/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	16/02/2023	28/03/2023	Dutch	PDF
Abridged model	31/12/2021	25/06/2022	22/08/2022	Dutch	PDF
Abridged model	31/12/2020	26/06/2021	30/06/2021	Dutch	PDF
Micro model	31/12/2019	27/06/2020	11/09/2020	Dutch	PDF
Micro model	31/12/2018	19/04/2019	12/06/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	27/08/2018	Dutch	PDF
Abridged model	30/06/2016	19/11/2016	06/01/2017	Dutch	PDF
Abridged model	30/06/2015	21/11/2015	11/01/2016	Dutch	PDF

Estimate

Indicative valuation

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 31/12/2024 · 1 active · 8 ended

Active mandates

OUTHSIDE PROJECTZ

Mandate · 0797.837.668

Active

Ended mandates

OUTHSIDE PROJECTZ

Director · since 27 mars 2023 · 0797.837.668

Represented by Zoë Noyen

Ended

Joryar

Director · since 31 décembre 2020 · 0754.905.765

Represented by Francis Vangeenberghe

Ended

Francis Vangeenberghe

Director · until 31 décembre 2020

Ended

Francis Vangeenberghe

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/02/2026
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates17/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/01/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office02/02/2017
BENAMING - MAATSCHAPPELIJKE ZETEL - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office21/03/2016
MAATSCHAPPELIJKE ZETEL
PDF
Other25/04/2014
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2024
Annual accounts 2024-213,8 k €↓
2023
Annual accounts 202312,7 k €↓
2022
Annual accounts 2022728,1 k €↑
2021
Annual accounts 2021268,8 k €↑
2020
Annual accounts 2020133,8 k €↑
2019
Annual accounts 201919,3 k €↓
2018
Annual accounts 201850,7 k €↑
2017
Annual accounts 2017-81,3 k €↓
2016
Annual accounts 201618,3 k €↑
2015
Annual accounts 2015-4,3 k €
09/04/2014
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

FOFAN

Overview

What does FOFAN do?

Trend over 10 financial years

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