What is the address of FNAD?

The registered office of FNAD is located at Westlaan 387, 8800 Roeselare.

Is FNAD still active?

Yes. According to the CBE (30 October 2026) FNAD is active, legal situation “Normale toestand”, started on 29 March 1990.

Is FNAD registered on Peppol?

No, FNAD is currently not registered on the Peppol network.

What is the enterprise number of FNAD?

The enterprise number of FNAD is BE0440430478.

When was FNAD founded?

FNAD was founded on 29 March 1990.

Who are the directors of FNAD?

According to the 2025 annual accounts, the directors of FNAD are: Nadine BRENDLER, Fernand DEVOLDER, BIKAÏ INVEST BV.

Is FNAD a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 March 1990; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did FNAD make in 2025?

FNAD posted a profit after taxes of € 30,559 in financial year 2025.

What is the revenue of FNAD?

As a small company, FNAD is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 73,549.

FNAD (Public Limited) - Roeselare - BE0440430478

Dossier FNAD, printed on 30 October 2026 from databakkes.be/en/0440430478/fnad. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

FNAD from Roeselare, company number BE0440430478, closed financial year 2025 with a result of € 30,559 after tax. For that financial year FNAD recorded a gross margin of € 73,549 and equity of € 284,646. Compared with financial year 2024, the result moved from € 49,171 to € 30,559. 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 July 29, 2026.

What it is worth Growing

€ 284,646

▲ 12% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 30,559

▼ 38% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 10,749

▼ 47% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -415,354.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 123,545

▼ 15% vs 2024

€ 22,308 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 1,900

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 813

▲ 2% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 51,018 Gross margin 2022: € 51,018 First fiscal year in the series	€ 82,399 Gross margin 2023: € 82,399 ▲ 62% vs 2022 (€ 51,018) Favourable step	€ 94,533 Gross margin 2024: € 94,533 ▲ 15% vs 2023 (€ 82,399) Favourable step	€ 73,549 Gross margin 2025: € 73,549 ▼ 22% vs 2024 (€ 94,533) Unfavourable step	▼ 22%
Profit after taxes	€ 36,397 Profit after taxes 2022: € 36,397 First fiscal year in the series	€ 29,784 Profit after taxes 2023: € 29,784 ▼ 18% vs 2022 (€ 36,397) Unfavourable step	€ 49,171 Profit after taxes 2024: € 49,171 ▲ 65% vs 2023 (€ 29,784) Favourable step	€ 30,559 Profit after taxes 2025: € 30,559 ▼ 38% vs 2024 (€ 49,171) Unfavourable step	▼ 38%
Equity	€ 175,131 Equity 2022: € 175,131 First fiscal year in the series	€ 204,916 Equity 2023: € 204,916 ▲ 17% vs 2022 (€ 175,131) Favourable step	€ 254,087 Equity 2024: € 254,087 ▲ 24% vs 2023 (€ 204,916) Favourable step	€ 284,646 Equity 2025: € 284,646 ▲ 12% vs 2024 (€ 254,087) Favourable step	▲ 12%
Total debts	€ 656,411 Total debts 2022: € 656,411 First fiscal year in the series	€ 578,420 Total debts 2023: € 578,420 ▼ 12% vs 2022 (€ 656,411) Favourable step	€ 511,851 Total debts 2024: € 511,851 ▼ 12% vs 2023 (€ 578,420) Favourable step	€ 427,053 Total debts 2025: € 427,053 ▼ 17% vs 2024 (€ 511,851) Favourable step	▼ 17%
Cash	€ 26,348 Cash 2022: € 26,348 First fiscal year in the series	€ 8,371 Cash 2023: € 8,371 ▼ 68% vs 2022 (€ 26,348) Unfavourable step	€ 20,402 Cash 2024: € 20,402 ▲ 144% vs 2023 (€ 8,371) Favourable step	€ 10,749 Cash 2025: € 10,749 ▼ 47% vs 2024 (€ 20,402) Unfavourable step	▼ 47%
Land & buildings	€ 774,762 Land & buildings 2022: € 774,762 First fiscal year in the series	€ 737,222 Land & buildings 2023: € 737,222 ▼ 5% vs 2022 (€ 774,762) Unchanged	€ 708,100 Land & buildings 2024: € 708,100 ▼ 4% vs 2023 (€ 737,222) Unchanged	€ 678,978 Land & buildings 2025: € 678,978 ▼ 4% vs 2024 (€ 708,100) Unchanged	▼ 4%
Retained profit	€ -524,869 Retained profit 2022: € -524,869 First fiscal year in the series	€ -495,084 Retained profit 2023: € -495,084 ▲ € 29,784 vs 2022 (€ -524,869) Favourable step	€ -445,913 Retained profit 2024: € -445,913 ▲ € 49,171 vs 2023 (€ -495,084) Favourable step	€ -415,354 Retained profit 2025: € -415,354 ▲ € 30,559 vs 2024 (€ -445,913) Favourable step	▲ € 30,559
Bank debt	€ 184,575 Bank debt 2022: € 184,575 First fiscal year in the series	€ 164,827 Bank debt 2023: € 164,827 ▼ 11% vs 2022 (€ 184,575) Favourable step	€ 145,014 Bank debt 2024: € 145,014 ▼ 12% vs 2023 (€ 164,827) Favourable step	€ 123,545 Bank debt 2025: € 123,545 ▼ 15% vs 2024 (€ 145,014) Favourable step	▼ 15%
Balance sheet total	€ 831,543 Balance sheet total 2022: € 831,543 First fiscal year in the series	€ 783,335 Balance sheet total 2023: € 783,335 ▼ 6% vs 2022 (€ 831,543) Unchanged	€ 765,937 Balance sheet total 2024: € 765,937 ▼ 2% vs 2023 (€ 783,335) Unchanged	€ 711,699 Balance sheet total 2025: € 711,699 ▼ 7% vs 2024 (€ 765,937) Unchanged	▼ 7%

Key figures of FNAD, 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 FNAD?

What happened at FNAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 29, 2026 New annual accounts for financial year 2025: profit of € 30,559 (▼ 38% vs 2024). Source: NBB ↗
Mar 29, 1990 Start of the company according to the CBE. KBO

In short

From € 36,397 profit in 2022 to € 30,559 profit in 2025.

Paid € 1,814 in corporate taxes since 2022.

Best year ever: 2024, with € 49,171 profit.

Original PDFs at the National Bank ↗

Management

Nadine BRENDLER Fernand DEVOLDER BIKAÏ INVEST BV

FNAD

Y & D GROUP

IBLO.be

BIKAÏ

Behind FNAD are Nadine BRENDLER, Fernand DEVOLDER and BIKAÏ INVEST BV. Fernand DEVOLDER is also behind Y & D GROUP. BIKAÏ INVEST BV is also behind IBLO.be, BIKAÏ and Y & D GROUP.

Directors

According to the 2025 annual accounts

Nadine BRENDLER

Director

Fernand DEVOLDER

Managing director

Also active at: Y & D GROUP

BIKAÏ INVEST BV

Director · represented by BENOÎT DEVOLDER

Also active at: IBLO.be, BIKAÏ, Y & D GROUP

Establishments

Establishment units

Physical locations of this company

Registered office

Westlaan 387

8800 Roeselare

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0440.430.478
VAT number: BE 0440.430.478
Registered office: Westlaan 387, 8800 Roeselare
Names & denominations: FNAD
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 29 March 1990
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗