Active · per the CBE, 29 October 2026

F.S.B.

BE0400377594

Rechtspersoon Public limited company 1 establishment

F.S.B. is a construction equipment rental company in Antwerpen. Public Limited, started on 29 March 1959, 1 establishment.

Minderbroedersrui 11, 2000 Antwerpen

Behind the company: Down2Earth Continuation Fund Privak private privak naar Belgisch recht CommV, Matthias Neirynck.

Active for

67 year, 7 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Busy address KBO

    18 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

F.S.B. from Antwerpen, company number BE0400377594, closed financial year 2025 with a result of € -130,469 after tax. For that financial year F.S.B. recorded a gross margin of € 297,873 and equity of € -1.6 million. Compared with financial year 2024, the result moved from € -120,183 to € -130,469. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 3, 2026.

What it is worth Caution

€ -1.6 million

▼ € 130,469 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -130,469

▼ 9 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 29,341

▼ 77% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1.6 million.

Debts at end 2025

Bank debt ≈ 25 years to go

€ 3.8 million

▲ 2% vs 2024

€ 153,704 is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.

Owed to suppliers

€ 66,961

▲ 53% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 11,128

▲ 130% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 545,803 € 276,917 € 288,245 € 297,873 ▲ 3%
Profit after taxes € 609,888 € -145,246 € -120,183 € -130,469 ▼ € 10,286
Equity € -1,166,163 € -1,311,409 € -1,431,592 € -1,562,061 ▼ € 130,469
Total debts € 4,077,108 € 3,723,375 € 3,756,526 € 3,856,939 ▲ 3%
Cash € 159,967 € 125,133 € 128,465 € 29,341 ▼ 77%
Land & buildings € 2,443,271 € 2,286,362 € 2,131,180 € 2,088,520 ▼ 2%
Retained profit € -1,230,163 € -1,375,409 € -1,495,592 € -1,626,061 ▼ € 130,469
Bank debt € 3,973,842 € 3,658,358 € 3,707,800 € 3,778,850 ▲ 2%
Balance sheet total € 3,420,611 € 2,893,101 € 2,778,163 € 2,720,201 ▼ 2%

Key figures of F.S.B., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 March 2027.

What happened to F.S.B.?

What happened at F.S.B. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 130,469. filed late Source: NBB ↗
  • Down2Earth Continuation Fund Privak private privak naar Belgisch recht CommV became a director. NBB
  • Matthias Neirynck became a director. NBB
  • Start of the company according to the CBE. KBO
  • New establishment in Gent. KBO

In short

From € 609,888 profit in 2022 to € 130,469 loss in 2025.

Paid € 186,581 in corporate taxes since 2022.

Best year ever: 2022, with € 609,888 profit.

Management

The stake of Down2Earth Continuation Fund Privak comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

F.S.B.

Behind F.S.B. are Down2Earth Continuation Fund Privak private privak naar Belgisch recht CommV and Matthias Neirynck. The shares are held by Down2Earth Continuation Fund Privak (100%).

Directors

According to the 2025 annual accounts

since 2024

since 2024

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Minderbroedersrui 11

2000 Antwerpen

2.004.443.929

Booiebos 3

9031 Gent

Active since 1 March 1959

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0400.377.594
VAT number
BE 0400.377.594
Registered office
Minderbroedersrui 11, 2000 Antwerpen
Names & denominations
F.S.B.
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
29 March 1959
Peppol
Active · Active since 12 Sept 2025
Activities · NACE

Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Frequently asked questions

What does F.S.B. do?
F.S.B. is a construction equipment rental company in Antwerpen. Public Limited, started on 29 March 1959, 1 establishment.
What is the address of F.S.B.?
The registered office of F.S.B. is located at Minderbroedersrui 11, 2000 Antwerpen.
Is F.S.B. still active?
Yes. According to the CBE (29 October 2026) F.S.B. is active, legal situation “Normale toestand”, started on 29 March 1959.
Is F.S.B. registered on Peppol?
Yes, F.S.B. is registered on the Peppol network with ID 0208:0400377594.
What is the enterprise number of F.S.B.?
The enterprise number of F.S.B. is BE0400377594.
When was F.S.B. founded?
F.S.B. was founded on 29 March 1959.