Financials
Financial year 2025
FAG CREATIVE FOODS from Oostende, company number BE0414421018, closed financial year 2025 with a result of € 98,786 after tax. For that financial year FAG CREATIVE FOODS recorded a gross margin of € 1.2 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 302,591 to € 98,786. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 2, 2025.
€ 1.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 98,786
▼ 67% vs 2024
Profit after tax over the fiscal year.
€ 318,397
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 70,000 paid out
71 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
15.5
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 842,854
▲ 4% vs 2024
€ 54,400 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.
€ 86,008
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 657,806
▼ 31% vs 2024
€ 211,308 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 433,281
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,753
▼ 43% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,081,436 | € 1,371,038 | € 1,286,385 | € 1,177,084 | ▼ 8% |
| Profit after taxes | € 23,159 | € 351,011 | € 302,591 | € 98,786 | ▼ 67% |
| Equity | € 1,419,629 | € 1,549,967 | € 1,677,997 | € 1,681,907 | |
| Total debts | € 1,806,497 | € 1,990,658 | € 1,723,225 | € 1,219,631 | ▼ 29% |
| Cash | € 106,098 | € 191,988 | € 357,985 | € 318,397 | ▼ 11% |
| Land & buildings | € 1,032,292 | € 967,104 | € 924,694 | € 883,127 | ▼ 4% |
| Retained profit | € 892,987 | € 1,043,997 | € 1,166,588 | € 1,195,374 | ▲ 2% |
| Dividend | € 0 | € 200,000 | € 180,000 | € 70,000 | ▼ 61% |
| Bank debt | € 1,310,457 | € 1,211,707 | € 957,141 | € 657,806 | ▼ 31% |
| Balance sheet total | € 3,226,126 | € 3,540,625 | € 3,401,222 | € 2,901,538 | ▼ 15% |
| Employees (FTE) | 14.7 | 14.6 | 15.4 | 15.5 | ▲ 0.1 |
Key figures of FAG CREATIVE FOODS, 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 October 2026.
What happened to FAG CREATIVE FOODS?
What happened at FAG CREATIVE FOODS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 98,786 (▼ 67% vs 2024). Source: NBB ↗
- Jean-Jaak became a director. NBB
- Elivest became a director. NBB
- Kreek Partners BV became a director. NBB
- Gascaria BV became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,159 profit in 2022 to € 98,786 profit in 2025.
Paid € 6,180 in corporate taxes since 2022.
Best year ever: 2023, with € 351,011 profit.
On average € 75,900 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of GASCARIA, Kreek Partners comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FAG CREATIVE FOODSBehind FAG CREATIVE FOODS are Jean-Jaak, Kreek Partners BV, Elivest and Gascaria BV. The shares are held by GASCARIA (40%) and Kreek Partners (40%).
Directors
According to the 2025 annual accounts
Director · represented by Jonas Ghesquière
since 2025
Director · represented by Jos Ghesquière
since 2021
Director · represented by Elias Ghesquière
since 2025
Director · represented by Johan Ghesquière
since 2021
Shareholders
40%
40%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Plantijnstraat 8
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0414.421.018
- VAT number
- BE 0414.421.018
- Registered office
- Plantijnstraat 8, 8400 Oostende
- Names & denominations
- FAG CREATIVE FOODS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 1974
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
Vervaardiging van producten van vlees of van vlees van gevogelte
Vervaardiging van verse vleeswaren en van vleesconserven
Detailhandel in vlees en vleesproducten, muv vlees van wild en van gevogelte
Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte
Groothandel in vlees en vleeswaren, exclusief vlees van gevogelte en van wild
Detailhandel in vlees en vleeswaren