Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2022 and 2023.
-
Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
-
Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2023
FairFin from Schaarbeek, company number BE0423552973, closed financial year 2023 with a result of € -21,243 after tax. For that financial year FairFin recorded a gross margin of € 338,332 and equity of € 245,016. Compared with financial year 2022, the result moved from € -11,019 to € -21,243. 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 March 29, 2024.
€ 245,016
▼ 8% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,243
▼ 93 % more loss than in 2022
Profit after tax over the fiscal year.
€ 217,665
▼ 7% vs 2022
Cash and bank balances on the last day of the fiscal year.
People and assets in 2023
€ 349,129
▼ 20% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,513
▼ 13% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 16,413
▲ 221% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 35,243
▼ 9% vs 2022
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 356,365 | € 435,199 | € 338,332 | ▼ 22% |
| Profit after taxes | € -1,756,746 | € -11,019 | € -21,243 | ▼ € 10,224 |
| Equity | € 277,278 | € 266,260 | € 245,016 | ▼ 8% |
| Total debts | € 148,573 | € 85,398 | € 57,602 | ▼ 33% |
| Cash | € 236,267 | € 234,784 | € 217,665 | ▼ 7% |
| Retained profit | € 277,278 | € 266,260 | € 245,016 | ▼ 8% |
| Balance sheet total | € 425,852 | € 351,658 | € 302,619 | ▼ 14% |
Key figures of FairFin, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to FairFin?
What happened at FairFin in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 21,243. Source: NBB ↗
- Greg Van Elsen became a director. NBB
- Frédéric Madry became a director. NBB
- Jana Vanderkelen became a director. NBB
- Yelter Bollen became a director. NBB
- Bartholomeus Conix became a director. NBB
- Pieter-Jan Van de Velde stepped down as director. NBB
- Erik Baelus stepped down as director. NBB
In short
From € 1.8 million loss in 2021 to € 21,243 loss in 2023.
A new publication or filing at FairFin? We notify you, reason included.
Follow FairFinDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind FairFin are Greg Van Elsen, Erik Van Laecke, Frédéric Madry, Jana Vanderkelen, Yelter Bollen and Joost Mulder. Erik Van Laecke is also behind SPOREN NAAR WERK and Ligo Centrum voor Basiseducatie Zuid-Oost-Vlaanderen. Frédéric Madry is also behind F'in Common.
Directors
According to the 2023 annual accounts
Greg Van Elsen
Director
since 2023
Erik Van Laecke
Director
Also active at: SPOREN NAAR WERK, Ligo Centrum voor Basiseducatie Zuid-Oost-Vlaanderen
since 2017
since 2023
Jana Vanderkelen
Director
since 2023
Yelter Bollen
Director
since 2023
Joost Mulder
Director
since 2017
Floris Verbraeken
Director
since 2018
Laura Deruytter
Director
since 2018
since 2023
Pieter-Jan Van de Velde
Director
since 2017 · until 2023
Erik Baelus
Director
since 2017 · until 2023
Establishments
Establishment units
Physical locations of this company
Vooruitgangstraat 323 box 10
1030 Schaarbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
All companies at this address →Centrum ter Preventie van Zelfdoding
€ 1.6 million gross margin · 2025
FOVIG
Stan Trefpunt verstandelijke handicap
Sankaa
€ 291,138 gross margin · 2025
BRENCO
€ 161,801 gross margin · 2025
+20 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0423.552.973
- VAT number
- BE 0423.552.973
- Registered office
- Vooruitgangstraat 323 bus 10, 1030 Schaarbeek
- Names & denominations
- FairFin
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 27 June 1982
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- fairfin.be
- Activities · NACE
Overige verenigingen, neg
Overige verenigingen, n.e.g.
Markt- en opinieonderzoek
Overige zakelijke dienstverlening, neg