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 61 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
FPS - Multiproducts from Waregem, company number BE0443189535, closed financial year 2026 with a result of € 644,069 after tax. For that financial year FPS - Multiproducts recorded a gross margin of € 2.2 million and equity of € 3.5 million. Compared with financial year 2025, the result moved from € 527,696 to € 644,069. 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 23, 2026.
€ 3.5 million
▼ 31% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 644,069
▲ 22% vs 2025
Profit after tax over the fiscal year.
€ 461,525
▲ 212% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 2.2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
10.9
▼ 0.5 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 818,722
▲ 12% vs 2025
€ 75,100 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.
€ 74,386
▼ 26% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 3.7 million
▼ 5% vs 2025
€ 465,772 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.5 million
▲ 98% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 353,431
▲ 21% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 3,228,514 | € 2,673,718 | € 1,931,519 | € 2,189,315 | ▲ 13% |
| Profit after taxes | € 1,565,962 | € 1,050,429 | € 527,696 | € 644,069 | ▲ 22% |
| Equity | € 4,695,686 | € 4,546,114 | € 5,073,810 | € 3,517,879 | ▼ 31% |
| Total debts | € 5,026,765 | € 3,636,276 | € 4,980,783 | € 5,567,853 | ▲ 12% |
| Cash | € 655,165 | € 311,942 | € 148,150 | € 461,525 | ▲ 212% |
| Retained profit | € 4,543,686 | € 4,394,114 | € 4,921,810 | € 3,365,879 | ▼ 32% |
| Dividend | € 1,900,000 | € 1,200,000 | € 0 | € 2,200,000 | |
| Bank debt | € 3,947,475 | € 2,506,990 | € 3,923,446 | € 3,737,051 | ▼ 5% |
| Balance sheet total | € 9,722,450 | € 8,182,390 | € 10,054,593 | € 9,085,732 | ▼ 10% |
| Employees (FTE) | 9.9 | 11.4 | 11.4 | 10.9 | ▼ 0.5 |
Key figures of FPS - Multiproducts, 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 FPS - Multiproducts?
What happened at FPS - Multiproducts in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 644,069 (▲ 22% vs 2025). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.6 million profit in 2023 to € 644,069 profit in 2026.
Paid € 1.5 million in corporate taxes since 2023.
Best year ever: 2023, with € 1.6 million profit.
On average € 200,900 of value added per employee in 2026.
Management
The stake of NIEUWENBURG comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FPS - MultiproductsBehind FPS - Multiproducts are TEKNIK NV, NIEUWENBURG NV, Joke Eeckhout and WHITEFIELD BV. The shares are held by NIEUWENBURG (100%).
Directors
According to the 2026 annual accounts
Director · represented by Yves Demeulenaere
Also active at: STOCKPLASTICS - VORMSPUITWERK, ITENSO, QGD
Managing director · represented by Stefaan Vanassche
Director · represented by Sophie Demeulenaere
Also active at: SALES PROMOTION INTERNATIONAL, STOCKPLASTICS - VORMSPUITWERK, ITENSO, QGD, JuuNoo
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Barrage 107
8793 Waregem
Lindestraat 96
8790 Waregem
Active since 14 April 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.189.535
- VAT number
- BE 0443.189.535
- Registered office
- Barrage 107, 8793 Waregem
- Names & denominations
- FPS - Multiproducts
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 1991
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Groothandel in werkkleding