Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Figures corrected NBB
Corrected annual account filed for 2021.
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Late annual account NBB
Fiscal year 2024 was filed 316 days after the legal deadline.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
Financials
Financial year 2024
Fugro Belgium from Ottignies-Louvain-la-Neuve, company number BE0403026288, closed financial year 2024 with a result of € -200,402 after tax. For that financial year Fugro Belgium recorded revenue of € 15.8 million and equity of € 2.7 million. Compared with financial year 2023, the result moved from € -1.7 million to € -200,402. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.
€ 2.7 million
▼ 7% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -200,402
▲ 88 % less loss than in 2023
Profit after tax over the fiscal year.
€ 286,713
▼ 77% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.4 million.
People and assets in 2024
80.1
▲ 15.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 7.5 million
▲ 24% vs 2023
€ 94,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 39,860
▼ 1% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1.8 million
▲ 53% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 76 days on average.
€ 1.6 million
▼ 3% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 6,609,084 | € 10,912,815 | € 12,985,622 | € 15,760,124 | ▲ 21% |
| Profit after taxes | € -209,110 | € -18,972 | € -1,654,797 | € -200,402 | ▲ € 1.5 million |
| Equity | € 4,601,923 | € 4,582,951 | € 2,928,154 | € 2,727,752 | ▼ 7% |
| Total debts | € 1,274,503 | € 1,849,837 | € 3,863,248 | € 4,128,576 | ▲ 7% |
| Cash | € 530,306 | € 564,298 | € 1,240,002 | € 286,713 | ▼ 77% |
| Land & buildings | € 1,793,501 | € 128,116 | € 109,737 | € 107,206 | ▼ 2% |
| Retained profit | € 4,236,723 | € 4,217,751 | € 2,562,954 | € 2,362,552 | ▼ 8% |
| Balance sheet total | € 5,876,426 | € 6,432,788 | € 6,949,405 | € 6,856,328 | ▼ 1% |
| Employees (FTE) | 45 | 53.7 | 64.8 | 80.1 | ▲ 15.3 |
Key figures of Fugro Belgium, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Fugro Belgium?
What happened at Fugro Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 200,402. filed late Source: NBB ↗
- Fugro Holding Belgium NV stepped down as director. NBB
- Jaco Stemmet became a director. NBB
- Xavier Raucroix stepped down as director. NBB
- Xavier Raucroix became a director. NBB
- New establishment in Ottignies-Louvain-la-Neuve. KBO
- Fugro Holding Belgium NV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 209,110 loss in 2021 to € 200,402 loss in 2024.
Paid € 93,889 in corporate taxes since 2021.
Pays suppliers within 76 days on average.
Management
Behind Fugro Belgium is Jaco Stemmet. The shares are held by Fugro Holding Belgium (100%). It owns 66.5% of Labomosan itself.
Directors
According to the 2024 annual accounts
since 2025
Xavier Raucroix
Managing director
since 2022 · until 2025
Director · represented by Katja Fenton
since 2020 · until 2026
Shareholders
Participations
66.5%
Establishments
Establishment units
Physical locations of this company
Rue du Bosquet 9
1348 Ottignies-Louvain-la-Neuve
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0403.026.288
- VAT number
- BE 0403.026.288
- Registered office
- Rue du Bosquet 9, 1348 Ottignies-Louvain-la-Neuve
- Names & denominations
- Fugro Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 May 1929
- Peppol
- Active · Active since 13 Jan 2026
- Activities · NACE
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