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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
F&F from Elsene, company number BE0459013502, closed financial year 2024 with a result of € -104,718 after tax. For that financial year F&F recorded a gross margin of € -21,591 and equity of € -1.9 million. Compared with financial year 2023, the result moved from € -112,334 to € -104,718. 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 January 23, 2026.
€ -1.9 million
▼ € 104,718 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -104,718
▲ 7 % less loss than in 2023
Profit after tax over the fiscal year.
€ 5,959
▲ € 5,579 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2 million.
People and assets in 2024
€ 9,690
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 116,981
▲ 104% vs 2023
€ 77,315 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 192,262
▲ 54% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 711,736
▲ 9% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 36,483 | € -82,565 | € -55,815 | € -21,591 | ▲ € 34,224 |
| Profit after taxes | € -551,806 | € -883,165 | € -112,334 | € -104,718 | ▲ € 7,616 |
| Equity | € -786,463 | € -1,669,628 | € -1,781,962 | € -1,886,679 | ▼ € 104,718 |
| Total debts | € 1,938,031 | € 3,079,948 | € 3,510,693 | € 3,758,700 | ▲ 7% |
| Cash | € 755 | € 531 | € 379 | € 5,959 | ▲ € 5,579 |
| Land & buildings | € 85,676 | € 80,676 | € 75,676 | € 75,676 | |
| Retained profit | € -878,745 | € -1,756,909 | € -1,864,243 | € -1,968,960 | ▼ € 104,718 |
| Bank debt | € 115,525 | € 83,676 | € 57,251 | € 116,981 | ▲ 104% |
| Balance sheet total | € 1,151,568 | € 1,609,755 | € 1,928,167 | € 2,046,237 | ▲ 6% |
Key figures of F&F, 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 F&F?
What happened at F&F in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
F&F is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 104,718. filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 551,806 loss in 2021 to € 104,718 loss in 2024.
Paid € 574,163 in corporate taxes since 2021.
Establishments
Establishment units
Physical locations of this company
Mercelisstraat 2
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →CARVIMMO
WINLAY
€ -7,656 gross margin · 2025
BOTKAMP
€ 1.2 million gross margin · 2024
DOUBLE TROUBLE
€ 95,019 gross margin · 2024
LENIMO
€ 144,159 gross margin · 2024
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0459.013.502
- VAT number
- BE 0459.013.502
- Registered office
- Mercelisstraat 2, 1050 Elsene
- Names & denominations
- F&F
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 22 October 1996
- Peppol
- Not registered
- Activities · NACE
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