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.
€ 418,945
▲ 8% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 128,097
▼ 17% vs 2025
Profit after tax over the fiscal year.
€ 279,940
▲ 89% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 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
3.4
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 89
▼ 82% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 54,165
▲ € 52,964 vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 40,513
▲ 4% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 634,090 | € 519,800 | € 405,920 | € 386,075 | ▼ 5% |
| Profit after taxes | € 260,195 | € 240,678 | € 154,142 | € 128,097 | ▼ 17% |
| Equity | € 274,028 | € 330,706 | € 386,848 | € 418,945 | ▲ 8% |
| Total debts | € 417,160 | € 463,599 | € 229,635 | € 280,531 | ▲ 22% |
| Cash | € 378,003 | € 321,455 | € 147,751 | € 279,940 | ▲ 89% |
| Land & buildings | € 1,929 | € 1,672 | € 1,414 | € 1,157 | ▼ 18% |
| Retained profit | € 255,478 | € 312,156 | € 368,298 | € 400,395 | ▲ 9% |
| Dividend | € 240,000 | € 184,000 | € 98,000 | € 96,000 | ▼ 2% |
| Balance sheet total | € 691,188 | € 794,304 | € 616,482 | € 699,475 | ▲ 13% |
| Employees (FTE) | 4.3 | 3.4 | 3.4 | 3.4 |
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.
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:
- New annual accounts for financial year 2026: profit of € 128,097 (▼ 17% vs 2025). Source: NBB ↗
- Descot BV became a director. NBB
- New establishment in Torhout. KBO
- 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.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of DESCOT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
F-A-SBehind F-A-S is Descot BV. The shares are held by DESCOT (99.9%).
Establishments
Establishment units
Physical locations of this company
Dijlestraat 8
8820 Torhout
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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
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Overige niet-gespecialiseerde detailhandel
Detailhandel via postorderbedrijven of via internet
Detailhandel in meubels
Detailhandel in huismeubilair
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