ACTIVE

FAES

Financial year 2025 · closed on 31/12/2025
Net result
3,5 k €
+21.3% YoY
Gross margin
37,5 k €
-7.2% YoY
Equity
54,9 k €
+6.9% YoY

What does FAES do?

FAES is a Public limited company incorporated in 2004. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0864.144.987
Incorporation
18/03/2004
Legal form
Public limited company
Registered office
Van den Hautelei 2/2
2100 Antwerpen · FlandreSee on map
Contributed capital
441 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin37,5 k €40,4 k €38,2 k €38 k €39,1 k €41,7 k €43 k €37,5 k €49,5 k €46,8 k €43,2 k €23,1 k €74,2 k €9,8 k €21,3 k €5,6 k €1,1 k €5,3 k €-10 k €
EBITDA28,5 k €30,1 k €27,7 k €27,5 k €28,5 k €26,6 k €40,5 k €30,3 k €40,2 k €38,8 k €32,9 k €23,1 k €74,2 k €9,8 k €21,3 k €-4,6 k €1,1 k €5,3 k €-15,7 k €
Operating result4,5 k €6,1 k €3,7 k €3,5 k €2,6 k €242,8 €11,9 k €1,7 k €11,6 k €10,2 k €4 k €-6 k €45,1 k €-17,7 k €-7,4 k €-33,1 k €-26,6 k €-22 k €-42,6 k €
Net result3,5 k €2,9 k €-564,4 €-2,3 k €-4,6 k €-9,5 k €982,3 €-10,4 k €-1,6 k €-4 k €-11 k €-44,6 k €26,7 k €-34,2 k €-25,9 k €-52,7 k €-46,4 k €-42,6 k €-64,2 k €
Balance sheet
Equity54,9 k €51,3 k €48,4 k €49 k €51,3 k €62,7 k €72,2 k €71,2 k €81,6 k €83,3 k €87,3 k €98,2 k €142,8 k €116,1 k €150,3 k €176,2 k €229 k €275,4 k €317,9 k €
Total assets668 k €692,1 k €722 k €740,5 k €764,5 k €816 k €843,1 k €871,6 k €900,6 k €929,5 k €980,4 k €996,9 k €1 M €1 M €1,1 M €1,1 M €1,1 M €1,1 M €1,1 M €
Cash43,8 €65 €6 k €233 €446,4 €146,9 €937,1 €864,5 €1,3 k €1,6 k €1,2 k €738,7 €861,4 €840,5 €1,3 k €61,1 €1,7 k €1,7 k €5,1 k €
Debts604,5 k €640,7 k €670,3 k €691,4 k €713,2 k €753,3 k €770,9 k €800,4 k €819 k €846,2 k €893,1 k €898,7 k €872,5 k €909,8 k €903,2 k €903,4 k €849,4 k €807,8 k €759,6 k €
Other
Workforce1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 20 ended

Active mandates

Caroline Faes

Director · since 26 décembre 2023 · until 26 décembre 2027

Active

Ended mandates

Caroline Faes

Managing director · since 17 juin 2019 · until 16 juin 2024

Ended
Stephanie Faes

Director · since 17 juin 2019 · until 16 juin 2024

Ended
Caroline Faes

Managing director · since 15 août 2016 · until 14 août 2021

Ended
Dimitri Segers

Director · since 01 juillet 2014 · until 15 mars 2015

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro 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 date10/07/202625/06/202516/07/202418/07/202319/07/202220/07/2021
General meeting15/06/202616/06/202517/06/202419/06/202320/06/202221/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202515/06/202610/07/2026DutchPDF
Micro model31/12/202416/06/202525/06/2025DutchPDF
Micro model31/12/202317/06/202416/07/2024DutchPDF
Micro model31/12/202219/06/202318/07/2023DutchPDF
Micro model31/12/202120/06/202219/07/2022DutchPDF
Micro model31/12/202021/06/202120/07/2021DutchPDF
Abridged model31/12/201915/06/202013/07/2020DutchPDF
Abridged model31/12/201824/06/201918/07/2019DutchPDF
Abridged model31/12/201730/06/201831/08/2018DutchPDF
Abridged model31/12/201619/06/201725/08/2017DutchPDF
Abridged model31/12/201520/06/201614/07/2016DutchPDF
Abridged model31/12/201422/06/201524/09/2015DutchPDF
Abridged model31/12/201330/06/201421/08/2014DutchPDF
Abridged model31/12/201217/06/201317/06/2013DutchPDF
Abridged model31/12/201118/06/201219/06/2012DutchPDF
Abridged model31/12/201030/06/201129/08/2011DutchPDF
Abridged model31/12/200930/06/201025/08/2010DutchPDF
Abridged model31/12/200815/06/200929/06/2009DutchPDF
Abridged model31/12/200730/06/200825/08/2008DutchPDF
Abridged model31/12/200630/06/200731/08/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 20 ended

Active mandates

Caroline Faes

Director · since 26 décembre 2023 · until 26 décembre 2027

Active

Ended mandates

Caroline Faes

Managing director · since 17 juin 2019 · until 16 juin 2024

Ended
Stephanie Faes

Director · since 17 juin 2019 · until 16 juin 2024

Ended
Caroline Faes

Managing director · since 15 août 2016 · until 14 août 2021

Ended
Dimitri Segers

Director · since 01 juillet 2014 · until 15 mars 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/04/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office18/10/2016
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/06/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/11/2014
    ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Mandates08/09/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares18/01/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    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 20253,5 k €
  2. 2024
    Annual accounts 20242,9 k €
  3. 2023
    Annual accounts 2023-564,4 €
  4. 2022
    Annual accounts 2022-2,3 k €
  5. 2021
    Annual accounts 2021-4,6 k €
  6. 2019
    Annual accounts 2019-9,5 k €
  7. 2018
    Annual accounts 2018982,3 €
  8. 2017
    Annual accounts 2017-10,4 k €
  9. 2016
    Annual accounts 2016-1,6 k €
  10. 2015
    Annual accounts 2015-4 k €
  11. 2014
    Annual accounts 2014-11 k €
  12. 2013
    Annual accounts 2013-44,6 k €
  13. 2012
    Annual accounts 201226,7 k €
  14. 2011
    Annual accounts 2011-34,2 k €
  15. 2010
    Annual accounts 2010-25,9 k €
  16. 2009
    Annual accounts 2009-52,7 k €
  17. 2008
    Annual accounts 2008-46,4 k €
  18. 2007
    Annual accounts 2007-42,6 k €
  19. 2006
    Annual accounts 2006-64,2 k €
  20. 18/03/2004
    IncorporationPublic limited company