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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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FIGARO from Merelbeke-Melle, company number BE0429397620, closed financial year 2025 with a result of € 2,630 after tax. For that financial year FIGARO recorded a gross margin of € 33,942 and equity of € 89,303. Compared with financial year 2024, the result moved from € 870 to € 2,630. Profitable, and profit is growing. 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 July 13, 2026.
€ 89,303
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,630
▲ 202% vs 2024
Profit after tax over the fiscal year.
€ 26,833
▲ 114% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -104,697.
People and assets in 2025
€ 3,328
▲ 35% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 717
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,426
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,080
▲ 69% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 25,489 | € 32,461 | € 32,480 | € 33,942 | ▲ 5% |
| Profit after taxes | € -6,279 | € 2,602 | € 870 | € 2,630 | ▲ 202% |
| Equity | € 83,200 | € 85,802 | € 86,673 | € 89,303 | ▲ 3% |
| Total debts | € 168,740 | € 158,566 | € 133,806 | € 124,045 | ▼ 7% |
| Cash | € 2,386 | € 8,454 | € 12,548 | € 26,833 | ▲ 114% |
| Land & buildings | € 238,268 | € 217,103 | € 193,428 | € 171,600 | ▼ 11% |
| Retained profit | € -110,800 | € -108,198 | € -107,327 | € -104,697 | ▲ € 2,630 |
| Balance sheet total | € 251,940 | € 244,368 | € 220,479 | € 213,348 | ▼ 3% |
Key figures of FIGARO, 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 July 2027.
What happened to FIGARO?
What happened at FIGARO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Leentje De Buck stepped down as director. NBB
- Rita Jolie stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2,630 (▲ 202% vs 2024). Source: NBB ↗
- Leentje De Buck became a director. NBB
- Rita Jolie became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,279 loss in 2022 to € 2,630 profit in 2025.
Paid € 251 in corporate taxes since 2022.
Best year ever: 2025, with € 2,630 profit.
Management
Directors
According to the 2025 annual accounts
Leentje De Buck
Managing director
since 2026 · until 2032
Rita Jolie
Director
since 2026 · until 2032
Establishments
Establishment units
Physical locations of this company
Hundelgemsesteenweg 87
9820 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.397.620
- VAT number
- BE 0429.397.620
- Registered office
- Hundelgemsesteenweg 87, 9820 Merelbeke-Melle
- Names & denominations
- FIGARO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 August 1986
- Peppol
- Active · Active since 18 Sept 2025
- Activities · NACE
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