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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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FAES PROJECTS from Mol, company number BE0465985030, closed financial year 2025 with a result of € 4,931 after tax. For that financial year FAES PROJECTS recorded a gross margin of € 11,592 and equity of € -4,835. Compared with financial year 2024, the result moved from € -4,487 to € 4,931. Profitable, and profit is growing. 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 July 16, 2026.
€ -4,835
▲ € 4,931 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,931
▲ still € 4,487 loss in 2024
Profit after tax over the fiscal year.
€ 15,559
▲ € 13,460 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -23,427.
People and assets in 2025
€ 35,723
▲ € 35,055 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.
€ 956
▼ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -25,960 | € 4,297 | € -3,018 | € 11,592 | ▲ € 14,610 |
| Profit after taxes | € -44,137 | € 5,555 | € -4,487 | € 4,931 | ▲ € 9,418 |
| Equity | € -10,835 | € -5,280 | € -9,767 | € -4,835 | ▲ € 4,931 |
| Total debts | € 58,307 | € 47,553 | € 21,727 | € 59,895 | ▲ 176% |
| Cash | € 31,963 | € 33,445 | € 2,099 | € 15,559 | ▲ € 13,460 |
| Retained profit | € -29,427 | € -23,872 | € -28,359 | € -23,427 | ▲ € 4,931 |
| Balance sheet total | € 47,472 | € 42,273 | € 11,960 | € 55,060 | ▲ € 43,100 |
Key figures of FAES PROJECTS, 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 FAES PROJECTS?
What happened at FAES PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,931. Source: NBB ↗
- Britt Faes became a director. NBB
- New establishment in Mol. KBO
- Start of the company according to the CBE. KBO
- Erik Faes became a director. NBB
In short
From € 44,137 loss in 2022 to € 4,931 profit in 2025.
Best year ever: 2023, with € 5,555 profit.
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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
Behind FAES PROJECTS are Britt Faes and Erik Faes. Britt Faes is also behind B-FAES.
Directors
According to the 2025 annual accounts
since 2017
Erik Faes
Director
since 1999
Establishments
Establishment units
Physical locations of this company
Kapellestraat 46
2400 Mol
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
- 0465.985.030
- VAT number
- BE 0465.985.030
- Registered office
- Kapellestraat 46, 2400 Mol
- Names & denominations
- FAES PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 1999
- Peppol
- Active · Active since 12 Feb 2025
- Activities · NACE
Dakwerkzaamheden
Plaatsen van vloer- en wandtegels
Groothandel in bouwmaterialen, algemeen assortiment