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 34 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 8.2 to 6.8.
Financials
Financial year 2025
FASGENT from Gent, company number BE0453168261, closed financial year 2025 with a result of € -20,511 after tax. For that financial year FASGENT recorded a gross margin of € 322,615 and equity of € 811,243. Compared with financial year 2024, the result moved from € 30,312 to € -20,511. 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 July 17, 2026.
€ 811,243
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,511
▼ still € 30,312 profit in 2024
Profit after tax over the fiscal year.
€ 35,048
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 687,296.
People and assets in 2025
6.8
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 331,552
▲ 2% vs 2024
€ 48,800 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.
€ 3,989
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 141,780
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 61,692
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,464,978 | - | - | - | |
| Gross margin | - | € 491,779 | € 396,068 | € 322,615 | ▼ 19% |
| Profit after taxes | € 88,305 | € 52,123 | € 30,312 | € -20,511 | ▼ € 50,824 |
| Equity | € 749,319 | € 801,442 | € 831,754 | € 811,243 | ▼ 2% |
| Total debts | € 467,400 | € 336,563 | € 248,105 | € 214,301 | ▼ 14% |
| Cash | € 38,341 | € 57,342 | € 35,154 | € 35,048 | |
| Retained profit | € 625,372 | € 677,495 | € 707,808 | € 687,296 | ▼ 3% |
| Balance sheet total | € 1,216,719 | € 1,138,005 | € 1,079,860 | € 1,025,544 | ▼ 5% |
| Employees (FTE) | 7.8 | 8.2 | 7.4 | 6.8 | ▼ 0.6 |
Key figures of FASGENT, 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 FASGENT?
What happened at FASGENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- E.A.M. VAN OSTA stepped down as director. NBB
- C.M.F. LIEKENS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 20,511 (▼ € 50,824 vs 2024). Source: NBB ↗
- E.A.M. VAN OSTA became a director. NBB
- C.M.F. LIEKENS became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 88,305 profit in 2022 to € 20,511 loss in 2025.
Paid € 63,363 in corporate taxes since 2022.
Best year ever: 2022, with € 88,305 profit.
On average € 47,400 of value added per employee in 2025.
Management
The stake of Teweka comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FASGENTThe shares are held by Hubo België NV (100%) and Teweka (0.2%).
Directors
According to the 2025 annual accounts
E.A.M. VAN OSTA
Managing director
Also active at: A.I.T. IMPORT, Anciens Etablissements Robert Collette, PADIS, Hubo België, EPSILON, Spabois, SAMBRE - BOIS, Dubomat +51 more
since 2021 · until 2027
C.M.F. LIEKENS
Managing director
Also active at: A.I.T. IMPORT, Anciens Etablissements Robert Collette, PADIS, Hubo België, EPSILON, Spabois, SAMBRE - BOIS, Dubomat +53 more
since 2021 · until 2027
Shareholders
100%
0.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Dendermondsesteenweg 136
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.168.261
- VAT number
- BE 0453.168.261
- Registered office
- Dendermondsesteenweg 136, 9000 Gent
- Names & denominations
- FASGENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 July 1994
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen en glas (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte vanaf 400 m2.