Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 6 % 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
F D S from Grimbergen, company number BE0443686908, closed financial year 2025 with a result of € -7,545 after tax. For that financial year F D S recorded a gross margin of € -5,309 and equity of € -28,154. Compared with financial year 2024, the result moved from € 22,512 to € -7,545. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 14, 2025.
€ -28,154
▼ € 7,545 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,545
▼ still € 22,512 profit in 2024
Profit after tax over the fiscal year.
€ 1,231
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -46,746.
Debts at end 2025
€ 11,918
▼ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 1,097
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 66,283 | € 33,323 | - | - | |
| Gross margin | € 27,435 | € 2,160 | € 26,601 | € -5,309 | ▼ € 31,910 |
| Profit after taxes | € 14,567 | € -12,242 | € 22,512 | € -7,545 | ▼ € 30,057 |
| Equity | € -30,879 | € -43,121 | € -20,609 | € -28,154 | ▼ € 7,545 |
| Total debts | € 66,435 | € 47,178 | € 26,885 | € 30,942 | ▲ 15% |
| Cash | € 434 | € 15 | € 1,229 | € 1,231 | |
| Retained profit | € -49,471 | € -61,713 | € -39,201 | € -46,746 | ▼ € 7,545 |
| Bank debt | € 41,846 | € 34,031 | € 12,395 | € 11,918 | ▼ 4% |
| Balance sheet total | € 35,556 | € 4,057 | € 6,276 | € 2,788 | ▼ 56% |
Key figures of F D S, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to F D S?
What happened at F D S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,545 (▼ € 30,057 vs 2024). Source: NBB ↗
- New establishment in Grimbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,567 profit in 2022 to € 7,545 loss in 2025.
Best year ever: 2024, with € 22,512 profit.
Establishments
Establishment units
Physical locations of this company
Beukendreef 66
1850 Grimbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.686.908
- VAT number
- BE 0443.686.908
- Registered office
- Beukendreef 66, 1850 Grimbergen
- Names & denominations
- F D S
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 March 1991
- Peppol
- Not registered
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof