Financials
Financial year 2026
FAG CREATIVE FOODS from Oostende, company number BE0414421018, closed financial year 2026 with a result of € 175,258 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 2025, the result moved from € 98,786 to € 175,258. Profitable, and profit is growing. 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 September 29, 2026.
€ 1.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 175,258
▲ 77% vs 2025
Profit after tax over the fiscal year.
€ 289,935
▼ 9% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 160,000 paid out
91 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
13.6
▼ 1.9 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 751,105
▼ 11% vs 2025
€ 55,200 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.
€ 52,634
▼ 39% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 446,495
▼ 32% vs 2025
€ 189,121 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 356,447
▼ 18% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 105,754
▲ 131% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,371,038 | € 1,286,385 | € 1,177,084 | € 1,165,990 | ▼ 1% |
| Profit after taxes | € 351,011 | € 302,591 | € 98,786 | € 175,258 | ▲ 77% |
| Equity | € 1,549,967 | € 1,677,997 | € 1,681,907 | € 1,674,290 | |
| Total debts | € 1,990,658 | € 1,723,225 | € 1,219,631 | € 1,073,952 | ▼ 12% |
| Cash | € 191,988 | € 357,985 | € 318,397 | € 289,935 | ▼ 9% |
| Land & buildings | € 967,104 | € 924,694 | € 883,127 | € 841,689 | ▼ 5% |
| Retained profit | € 1,043,997 | € 1,166,588 | € 1,195,374 | € 1,210,632 | ▲ 1% |
| Dividend | € 200,000 | € 180,000 | € 70,000 | € 160,000 | ▲ 129% |
| Bank debt | € 1,211,707 | € 957,141 | € 657,806 | € 446,495 | ▼ 32% |
| Balance sheet total | € 3,540,625 | € 3,401,222 | € 2,901,538 | € 2,748,241 | ▼ 5% |
| Employees (FTE) | 14.6 | 15.4 | 15.5 | 13.6 | ▼ 1.9 |
Key figures of FAG CREATIVE FOODS, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
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 2026: profit of € 175,258 (▲ 77% vs 2025). Source: NBB ↗
- JEAN-JAAK BV became a director. NBB
- ELIVEST BV 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 € 351,011 profit in 2023 to € 175,258 profit in 2026.
Paid € 6,516 in corporate taxes since 2023.
Best year ever: 2023, with € 351,011 profit.
On average € 85,700 of value added per employee in 2026.
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 BV, KREEK PARTNERS BV, ELIVEST BV and GASCARIA BV. The shares are held by GASCARIA (40%) and Kreek Partners (40%).
Directors
According to the 2026 annual accounts
Director · represented by GHESQUIERE Jonas
since 2025
Director · represented by GHESQUIERE Jos
since 2021
Director · represented by GHESQUIERE Elias
since 2025
Director · represented by GHESQUIERE Johan
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