F-A-S is a commercial agency in Torhout. Private Limited, started on 21 December 1995, 1 establishment.

What is the address of F-A-S?

The registered office of F-A-S is located at Dijlestraat 8, 8820 Torhout.

Is F-A-S still active?

Yes. According to the CBE (15 November 2026) F-A-S is active, legal situation “Normale toestand”, started on 21 December 1995.

Is F-A-S registered on Peppol?

Yes, F-A-S is registered on the Peppol network with ID 0208:0456861684.

What is the enterprise number of F-A-S?

The enterprise number of F-A-S is BE0456861684.

When was F-A-S founded?

F-A-S was founded on 21 December 1995.

Who are the directors of F-A-S?

According to the 2026 annual accounts, the directors of F-A-S are: Descot BV.

Is F-A-S a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 December 1995; 5 annual accounts filed, latest fiscal year 2026; 1 directors known from the annual account.

How much profit did F-A-S make in 2026?

F-A-S posted a profit after taxes of € 128,097 in financial year 2026.

What is the revenue of F-A-S?

As a small company, F-A-S is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 386,075.

How much does an employee at F-A-S earn?

The average wage cost per full-time employee at F-A-S was € 71,700 in 2026: staff costs of € 243,814 for 3.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does F-A-S have?

According to the 2026 annual accounts, F-A-S has 3.4 full-time equivalents (FTE).

F-A-S (Private Limited) - Torhout - BE0456861684

Dossier F-A-S, printed on 15 November 2026 from databakkes.be/en/0456861684/f-a-s. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2026

F-A-S from Torhout, company number BE0456861684, closed financial year 2026 with a result of € 128,097 after tax. For that financial year F-A-S recorded a gross margin of € 386,075 and equity of € 418,945. Compared with financial year 2025, the result moved from € 154,142 to € 128,097. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.

What it is worth Growing

€ 418,945

▲ 8% vs 2025

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

Profit Healthy

€ 128,097

▼ 17% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 279,940

▲ 89% vs 2025

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

Where the profit goes Pays out

€ 96,000 paid out

75 % of the profit went to the shareholders, mostly to DESCOT (100 % of the shares). That is where the money ends up.

People and assets in 2026

Full-time equivalents

3.4

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 243,814

▲ 5% vs 2025

€ 71,700 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.

Vehicles and equipment

€ 89

▼ 82% vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 54,165

▲ € 52,964 vs 2025

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

Taxes and wages

€ 40,513

▲ 4% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 634,090 Gross margin 2023: € 634,090 First fiscal year in the series	€ 519,800 Gross margin 2024: € 519,800 ▼ 18% vs 2023 (€ 634,090) Unfavourable step	€ 405,920 Gross margin 2025: € 405,920 ▼ 22% vs 2024 (€ 519,800) Unfavourable step	€ 386,075 Gross margin 2026: € 386,075 ▼ 5% vs 2025 (€ 405,920) Unfavourable step	▼ 5%
Profit after taxes	€ 260,195 Profit after taxes 2023: € 260,195 First fiscal year in the series	€ 240,678 Profit after taxes 2024: € 240,678 ▼ 8% vs 2023 (€ 260,195) Unfavourable step	€ 154,142 Profit after taxes 2025: € 154,142 ▼ 36% vs 2024 (€ 240,678) Unfavourable step	€ 128,097 Profit after taxes 2026: € 128,097 ▼ 17% vs 2025 (€ 154,142) Unfavourable step	▼ 17%
Equity	€ 274,028 Equity 2023: € 274,028 First fiscal year in the series	€ 330,706 Equity 2024: € 330,706 ▲ 21% vs 2023 (€ 274,028) Favourable step	€ 386,848 Equity 2025: € 386,848 ▲ 17% vs 2024 (€ 330,706) Favourable step	€ 418,945 Equity 2026: € 418,945 ▲ 8% vs 2025 (€ 386,848) Favourable step	▲ 8%
Total debts	€ 417,160 Total debts 2023: € 417,160 First fiscal year in the series	€ 463,599 Total debts 2024: € 463,599 ▲ 11% vs 2023 (€ 417,160) Unfavourable step	€ 229,635 Total debts 2025: € 229,635 ▼ 50% vs 2024 (€ 463,599) Favourable step	€ 280,531 Total debts 2026: € 280,531 ▲ 22% vs 2025 (€ 229,635) Unfavourable step	▲ 22%
Cash	€ 378,003 Cash 2023: € 378,003 First fiscal year in the series	€ 321,455 Cash 2024: € 321,455 ▼ 15% vs 2023 (€ 378,003) Unfavourable step	€ 147,751 Cash 2025: € 147,751 ▼ 54% vs 2024 (€ 321,455) Unfavourable step	€ 279,940 Cash 2026: € 279,940 ▲ 89% vs 2025 (€ 147,751) Favourable step	▲ 89%
Land & buildings	€ 1,929 Land & buildings 2023: € 1,929 First fiscal year in the series	€ 1,672 Land & buildings 2024: € 1,672 ▼ 13% vs 2023 (€ 1,929) Unchanged	€ 1,414 Land & buildings 2025: € 1,414 ▼ 15% vs 2024 (€ 1,672) Unchanged	€ 1,157 Land & buildings 2026: € 1,157 ▼ 18% vs 2025 (€ 1,414) Unchanged	▼ 18%
Retained profit	€ 255,478 Retained profit 2023: € 255,478 First fiscal year in the series	€ 312,156 Retained profit 2024: € 312,156 ▲ 22% vs 2023 (€ 255,478) Favourable step	€ 368,298 Retained profit 2025: € 368,298 ▲ 18% vs 2024 (€ 312,156) Favourable step	€ 400,395 Retained profit 2026: € 400,395 ▲ 9% vs 2025 (€ 368,298) Favourable step	▲ 9%
Dividend	€ 240,000 Dividend 2023: € 240,000 First fiscal year in the series	€ 184,000 Dividend 2024: € 184,000 ▼ 23% vs 2023 (€ 240,000) Unchanged	€ 98,000 Dividend 2025: € 98,000 ▼ 47% vs 2024 (€ 184,000) Unchanged	€ 96,000 Dividend 2026: € 96,000 ▼ 2% vs 2025 (€ 98,000) Unchanged	▼ 2%
Balance sheet total	€ 691,188 Balance sheet total 2023: € 691,188 First fiscal year in the series	€ 794,304 Balance sheet total 2024: € 794,304 ▲ 15% vs 2023 (€ 691,188) Unchanged	€ 616,482 Balance sheet total 2025: € 616,482 ▼ 22% vs 2024 (€ 794,304) Unchanged	€ 699,475 Balance sheet total 2026: € 699,475 ▲ 13% vs 2025 (€ 616,482) Unchanged	▲ 13%
Employees (FTE)	4.3 Employees (FTE) 2023: 4.3 First fiscal year in the series	3.4 Employees (FTE) 2024: 3.4 ▼ 0.9 vs 2023 (4.3) Unchanged	3.4 Employees (FTE) 2025: 3.4 Unchanged (3.4) Unchanged	3.4 Employees (FTE) 2026: 3.4 Unchanged (3.4) Unchanged

By gross margin, F-A-S ranks 16th of 122 companies with main activity “Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren” in West Flanders that publish figures (fiscal year 2026).

Key figures of F-A-S, 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.

Ask about F-A-S the way you would ask their accountant.

Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.

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What happened to F-A-S?

What happened at F-A-S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 23, 2026 New annual accounts for financial year 2026: profit of € 128,097 (▼ 17% vs 2025). Source: NBB ↗
2015 Descot BV became a director. NBB
Apr 1, 2011 New establishment in Torhout. KBO
Dec 21, 1995 Start of the company according to the CBE. KBO

In short

From € 260,195 profit in 2023 to € 128,097 profit in 2026.

Paid € 108,843 in corporate taxes since 2023.

Best year ever: 2023, with € 260,195 profit.

On average € 113,600 of value added per employee in 2026.

Original PDFs at the National Bank ↗

Management

DESCOT 99.9%

The stake of DESCOT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

F-A-S

Behind F-A-S is Descot BV. The shares are held by DESCOT (99.9%).

Directors

According to the 2026 annual accounts

Descot BV

Director · represented by Stefaan Desender

since 2015

Shareholders

DESCOT

99.9%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Dijlestraat 8

8820 Torhout

2.211.844.676

Brildam 6A

8820 Torhout

Active since 1 April 2011

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 →

DESCOT same network

€ 370,664 gross margin · 2025

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

Similar companies in West Flanders

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DISTRILED SUD

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All companies with this activity → Largest companies in Torhout →

Details

Company number

0456.861.684

VAT number

BE 0456.861.684

Registered office

Dijlestraat 8, 8820 Torhout

Names & denominations

F-A-S · Maggy's Meubelkoopjes

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

21 December 1995

Peppol

Active · Active since 24 Nov 2023

Activities · NACE

Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren

Handelsbemiddeling in meubels, huishoudelijke artikelen en ijzerwaren

Postorderbedrijven

Overige niet-gespecialiseerde detailhandel

Detailhandel via postorderbedrijven of via internet

Detailhandel in meubels

Detailhandel in huismeubilair

Detailhandel in huismeubilair in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗