What does FAES & CO do?

FAES & CO is a property company in Boechout. Public Limited, started on 3 June 1992, 1 establishment.

What is the address of FAES & CO?

The registered office of FAES & CO is located at Breemlaan 16, 2530 Boechout.

Is FAES & CO still active?

Yes. According to the CBE (30 October 2026) FAES & CO is active, legal situation “Normale toestand”, started on 3 June 1992.

Is FAES & CO registered on Peppol?

Yes, FAES & CO is registered on the Peppol network with ID 0208:0447558790.

What is the enterprise number of FAES & CO?

The enterprise number of FAES & CO is BE0447558790.

When was FAES & CO founded?

FAES & CO was founded on 3 June 1992.

Who are the directors of FAES & CO?

According to the 2024 annual accounts, the directors of FAES & CO are: Guy Faes, Genesia Faes.

Is FAES & CO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 June 1992; 4 annual accounts filed, latest fiscal year 2024; 2 directors known from the annual account.

How much profit did FAES & CO make in 2024?

FAES & CO recorded a loss after taxes of € 88,710 in financial year 2024.

What is the revenue of FAES & CO?

As a small company, FAES & CO is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 162,180.

FAES & CO (Public Limited) - Boechout - BE0447558790

Dossier FAES & CO, printed on 30 October 2026 from databakkes.be/en/0447558790/faes-co. 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.

Two loss years in a row NBB

Negative result in 2023 and 2024.
Tight liquidity NBB

Cash and receivables cover 3 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

FAES & CO from Boechout, company number BE0447558790, closed financial year 2024 with a result of € -88,710 after tax. For that financial year FAES & CO recorded a gross margin of € 162,180 and equity of € 3 million. Compared with financial year 2023, the result moved from € -241,881 to € -88,710. The company made a loss. 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 August 28, 2025.

What it is worth Healthy

€ 3 million

▼ 3% vs 2023

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

Loss Caution

€ -88,710

▲ 63 % less loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 44,376

▼ 55% vs 2023

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 1.7 million.

People and assets in 2024

Vehicles and equipment

€ 121,248

▼ 24% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 3 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.

€ 805,265

▼ 26% vs 2023

€ 284,063 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 8,047

▼ 66% vs 2023

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

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 70,828 Gross margin 2021: € 70,828 First fiscal year in the series	€ 109,844 Gross margin 2022: € 109,844 ▲ 55% vs 2021 (€ 70,828) Favourable step	€ 26,661 Gross margin 2023: € 26,661 ▼ 76% vs 2022 (€ 109,844) Unfavourable step	€ 162,180 Gross margin 2024: € 162,180 ▲ € 135,519 vs 2023 (€ 26,661) Favourable step	▲ € 135,519
Profit after taxes	€ -175,848 Profit after taxes 2021: € -175,848 First fiscal year in the series	€ -168,016 Profit after taxes 2022: € -168,016 ▲ € 7,832 vs 2021 (€ -175,848) Favourable step	€ -241,881 Profit after taxes 2023: € -241,881 ▼ € 73,866 vs 2022 (€ -168,016) Unfavourable step	€ -88,710 Profit after taxes 2024: € -88,710 ▲ € 153,171 vs 2023 (€ -241,881) Favourable step	▲ € 153,171
Equity	€ 3,459,872 Equity 2021: € 3,459,872 First fiscal year in the series	€ 3,291,856 Equity 2022: € 3,291,856 ▼ 5% vs 2021 (€ 3,459,872) Unfavourable step	€ 3,049,975 Equity 2023: € 3,049,975 ▼ 7% vs 2022 (€ 3,291,856) Unfavourable step	€ 2,961,265 Equity 2024: € 2,961,265 ▼ 3% vs 2023 (€ 3,049,975) Unfavourable step	▼ 3%
Total debts	€ 2,465,486 Total debts 2021: € 2,465,486 First fiscal year in the series	€ 2,252,458 Total debts 2022: € 2,252,458 ▼ 9% vs 2021 (€ 2,465,486) Favourable step	€ 2,336,753 Total debts 2023: € 2,336,753 ▲ 4% vs 2022 (€ 2,252,458) Unfavourable step	€ 2,297,617 Total debts 2024: € 2,297,617 ▼ 2% vs 2023 (€ 2,336,753) Favourable step	▼ 2%
Cash	€ 23,478 Cash 2021: € 23,478 First fiscal year in the series	€ 11,434 Cash 2022: € 11,434 ▼ 51% vs 2021 (€ 23,478) Unfavourable step	€ 98,619 Cash 2023: € 98,619 ▲ € 87,185 vs 2022 (€ 11,434) Favourable step	€ 44,376 Cash 2024: € 44,376 ▼ 55% vs 2023 (€ 98,619) Unfavourable step	▼ 55%
Land & buildings	€ 5,892,663 Land & buildings 2021: € 5,892,663 First fiscal year in the series	€ 6,006,250 Land & buildings 2022: € 6,006,250 ▲ 2% vs 2021 (€ 5,892,663) Unchanged	€ 5,870,170 Land & buildings 2023: € 5,870,170 ▼ 2% vs 2022 (€ 6,006,250) Unchanged	€ 5,722,859 Land & buildings 2024: € 5,722,859 ▼ 3% vs 2023 (€ 5,870,170) Unchanged	▼ 3%
Retained profit	€ 2,167,107 Retained profit 2021: € 2,167,107 First fiscal year in the series	€ 1,999,092 Retained profit 2022: € 1,999,092 ▼ 8% vs 2021 (€ 2,167,107) Unfavourable step	€ 1,757,210 Retained profit 2023: € 1,757,210 ▼ 12% vs 2022 (€ 1,999,092) Unfavourable step	€ 1,668,500 Retained profit 2024: € 1,668,500 ▼ 5% vs 2023 (€ 1,757,210) Unfavourable step	▼ 5%
Bank debt	€ 1,627,985 Bank debt 2021: € 1,627,985 First fiscal year in the series	€ 1,358,569 Bank debt 2022: € 1,358,569 ▼ 17% vs 2021 (€ 1,627,985) Favourable step	€ 1,084,358 Bank debt 2023: € 1,084,358 ▼ 20% vs 2022 (€ 1,358,569) Favourable step	€ 805,265 Bank debt 2024: € 805,265 ▼ 26% vs 2023 (€ 1,084,358) Favourable step	▼ 26%
Balance sheet total	€ 6,808,494 Balance sheet total 2021: € 6,808,494 First fiscal year in the series	€ 6,338,317 Balance sheet total 2022: € 6,338,317 ▼ 7% vs 2021 (€ 6,808,494) Unchanged	€ 6,143,289 Balance sheet total 2023: € 6,143,289 ▼ 3% vs 2022 (€ 6,338,317) Unchanged	€ 5,902,474 Balance sheet total 2024: € 5,902,474 ▼ 4% vs 2023 (€ 6,143,289) Unchanged	▼ 4%

Key figures of FAES & CO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to FAES & CO?

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

Aug 28, 2025 New annual accounts for financial year 2024: loss of € 88,710. filed late Source: NBB ↗
Jun 3, 1992 New establishment in Boechout. KBO
Jun 3, 1992 Start of the company according to the CBE. KBO

In short

From € 175,848 loss in 2021 to € 88,710 loss in 2024.

Paid € 52,575 in corporate taxes since 2021.

Original PDFs at the National Bank ↗

Management

Guy Faes Genesia Faes

FAES & CO

Behind FAES & CO are Guy Faes and Genesia Faes.

Directors

According to the 2024 annual accounts

Guy Faes

Director

Genesia Faes

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Breemlaan 16

2530 Boechout

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

STYVO

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

Details

Company number: 0447.558.790
VAT number: BE 0447.558.790
Registered office: Breemlaan 16, 2530 Boechout
Names & denominations: FAES & CO
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 3 June 1992
Peppol: Active · Active since 4 Aug 2026
Activities · NACE: Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗