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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
F.F. Company from Bornem, company number BE0443899516, closed financial year 2026 with a result of € -424,784 after tax. For that financial year F.F. Company recorded a gross margin of € 592,855 and equity of € -344,991. Compared with financial year 2025, the result moved from € -302,736 to € -424,784. 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 August 31, 2026.
€ -344,991
▼ € 424,784 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -424,784
▼ 40 % more loss than in 2025
Profit after tax over the fiscal year.
€ 80,488
▲ 25% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -444,991.
People and assets in 2026
16.3
▼ 3.7 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 727,294
▲ 13% vs 2025
€ 44,600 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.
€ 58,974
▼ 3% vs 2025
Of which on lease € 52,162.
Debts at end 2026
€ 1.2 million
▲ 120% vs 2025
€ 89,765 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 218,240
▼ 61% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 161,373
▲ 4% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 946,419 | € 888,950 | € 613,119 | € 592,855 | ▼ 3% |
| Profit after taxes | € 80,943 | € 34,814 | € -302,736 | € -424,784 | ▼ € 122,047 |
| Equity | € 347,716 | € 382,529 | € 79,793 | € -344,991 | ▼ € 424,784 |
| Total debts | € 2,338,437 | € 2,328,884 | € 2,993,781 | € 2,925,487 | ▼ 2% |
| Cash | € 103,645 | € 116,450 | € 64,324 | € 80,488 | ▲ 25% |
| Land & buildings | € 264,703 | € 247,629 | € 0 | - | |
| Retained profit | € 247,716 | € 282,529 | € -20,207 | € -444,991 | ▼ € 424,784 |
| Bank debt | € 1,330,942 | € 1,129,253 | € 541,109 | € 1,189,189 | ▲ 120% |
| Balance sheet total | € 2,686,153 | € 2,711,413 | € 3,073,574 | € 2,580,497 | ▼ 16% |
| Employees (FTE) | 15.7 | 14.7 | 20 | 16.3 | ▼ 3.7 |
Key figures of F.F. Company, 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 August 2027.
What happened to F.F. Company?
What happened at F.F. Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- F.F.M. BV stepped down as director. NBB
- Jan Devrieze stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 424,784. Source: NBB ↗
- F.F.M. BV became a director. NBB
- Jan Devrieze became a director. NBB
- New establishment in Heist-op-den-Berg. KBO
- New establishment in Boom. KBO
- New establishment in Kontich. KBO
In short
From € 80,943 profit in 2023 to € 424,784 loss in 2026.
Paid € 52,561 in corporate taxes since 2023.
Best year ever: 2023, with € 80,943 profit.
On average € 36,400 of value added per employee in 2026.
Management
The stake of Degila comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
F.F. CompanyThe shares are held by Degila (100%).
Directors
According to the 2026 annual accounts
Director · represented by Christophe Geeraerts
Also active at: AsterX Immo, RAOUL GAGELMANS, ASTERX HORECA, AsterX Group, AsterX Consult
since 2025 · until 2031
Jan Devrieze
Director
Also active at: HIPPO CAPSA, D.T., Degila, AsterX Immo, KRISOF, APART Real Estate, MORIS, HANTI +3 more
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Puursesteenweg(BOR) 388 B
2880 Bornem
Puursesteenweg(BOR) 388b
2880 Bornem
Active since 24 December 2002
Schanslaan 130
2150 Antwerpen
Active since 21 February 2014
Herman De Nayerstraat 4
2550 Kontich
Active since 1 September 2019
Hollezijp 2A
2850 Boom
Active since 1 January 2021
Liersesteenweg 132 A
2220 Heist-op-den-Berg
Active since 1 March 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.899.516
- VAT number
- BE 0443.899.516
- Registered office
- Puursesteenweg(BOR) 388 B, 2880 Bornem
- Names & denominations
- F.F. Company · F.F.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 April 1991
- Peppol
- Active · Active since 31 Jan 2026
- Activities · NACE
Detailhandel in dranken, algemeen assortiment
Groothandel in dranken, algemeen assortiment
Detailhandel in wijnen en geestrijke dranken