Financials
Financial year 2025
FAIR FOOD from Gent, company number BE0478691337, closed financial year 2025 with a result of € 50,377 after tax. For that financial year FAIR FOOD recorded a gross margin of € 172,833 and equity of € 304,996. Compared with financial year 2024, the result moved from € 59,782 to € 50,377. 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 April 30, 2026.
€ 304,996
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,377
▼ 16% vs 2024
Profit after tax over the fiscal year.
€ 3,857
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 9,000 paid out
18 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 45,961
▼ 1% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 37,978
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 188,270
▼ 17% vs 2024
€ 40,514 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 41,409
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,970
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 153,986 | € 196,943 | € 185,990 | € 172,833 | ▼ 7% |
| Profit after taxes | € 51,073 | € 81,408 | € 59,782 | € 50,377 | ▼ 16% |
| Equity | € 181,328 | € 222,737 | € 263,619 | € 304,996 | ▲ 16% |
| Total debts | € 357,407 | € 289,667 | € 350,626 | € 291,282 | ▼ 17% |
| Cash | € 700 | € 7,339 | € 7,417 | € 3,857 | ▼ 48% |
| Land & buildings | € 329,745 | € 293,139 | € 256,533 | € 219,927 | ▼ 14% |
| Retained profit | € 161,328 | € 202,737 | € 243,619 | € 284,996 | ▲ 17% |
| Dividend | € 25,000 | € 40,000 | € 18,900 | € 9,000 | ▼ 52% |
| Bank debt | € 260,954 | € 225,894 | € 227,295 | € 188,270 | ▼ 17% |
| Balance sheet total | € 538,736 | € 512,404 | € 614,244 | € 596,278 | ▼ 3% |
Key figures of FAIR FOOD, 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 April 2027.
What happened to FAIR FOOD?
What happened at FAIR FOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 50,377 (▼ 16% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,073 profit in 2022 to € 50,377 profit in 2025.
Paid € 67,829 in corporate taxes since 2022.
Best year ever: 2023, with € 81,408 profit.
Paid out € 92,900 in dividends to the owners in total.
Management
Behind FAIR FOOD are Ellen Schaap and Laurent Locquet.
Directors
According to the 2025 annual accounts
Ellen Schaap
Director
Laurent Locquet
Director
Establishments
Establishment units
Physical locations of this company
Hoogstraat 58
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
afoodaffair.be
Registered
2003-10-17
Website info
Features
Security
Details
- Company number
- 0478.691.337
- VAT number
- BE 0478.691.337
- Registered office
- Hoogstraat 58, 9000 Gent
- Names & denominations
- FAIR FOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 November 2002
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- afoodaffair.be
- Activities · NACE
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