Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
F.S.D.S. from Wavre, company number BE0478559594, closed financial year 2025 with a result of € -132 after tax. For that financial year F.S.D.S. recorded a gross margin of € 25,722 and equity of € 81,899. Compared with financial year 2024, the result moved from € -6,721 to € -132. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 81,899
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -132
▲ 98 % less loss than in 2024
Profit after tax over the fiscal year.
€ 164
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 19,899.
Debts at end 2025
€ 89,045
▼ 11% vs 2024
€ 9,897 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 791
▼ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 75
▲ 6% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 16,030 | € 17,475 | € 19,198 | € 25,722 | ▲ 34% |
| Profit after taxes | € -14,216 | € -9,342 | € -6,721 | € -132 | ▲ € 6,589 |
| Equity | € 98,094 | € 88,752 | € 82,031 | € 81,899 | |
| Total debts | € 358,748 | € 356,105 | € 344,326 | € 326,444 | ▼ 5% |
| Cash | € 31 | € 0 | - | € 164 | |
| Land & buildings | € 477,507 | € 465,258 | € 447,349 | € 428,060 | ▼ 4% |
| Retained profit | € 36,094 | € 26,752 | € 20,031 | € 19,899 | ▼ 1% |
| Bank debt | € 129,507 | € 115,350 | € 99,757 | € 89,045 | ▼ 11% |
| Balance sheet total | € 484,847 | € 471,803 | € 452,243 | € 433,170 | ▼ 4% |
Key figures of F.S.D.S., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to F.S.D.S.?
What happened at F.S.D.S. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Florence Delwiche stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 132. Source: NBB ↗
- Florence Delwiche became a director. NBB
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,216 loss in 2022 to € 132 loss in 2025.
Paid € 332 in corporate taxes since 2022.
A new publication or filing at F.S.D.S.? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Rue Charles Sambon 1 box 2
1300 Wavre
Rue du Commerce 2-4
1300 Wavre
Active since 26 December 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.559.594
- VAT number
- BE 0478.559.594
- Registered office
- Rue Charles Sambon 1 bus 2, 1300 Wavre
- Names & denominations
- F.S.D.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 2002
- Peppol
- Active · Active since 12 Nov 2025