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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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Fain Belgium from Nazareth, company number BE0479893147, closed financial year 2025 with a result of € 2.8 million after tax. For that financial year Fain Belgium recorded revenue of € 45.4 million and equity of € 14.5 million. Compared with financial year 2024, the result moved from € 1.6 million to € 2.8 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 14.5 million
▲ 106% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.8 million
▲ 73% vs 2024
Profit after tax over the fiscal year.
€ 228,916
▼ 26% 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 € 11.5 million.
People and assets in 2025
213.9
▲ 111.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 16.5 million
▲ 97% vs 2024
€ 77,000 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.
€ 2.4 million
▲ € 1.8 million vs 2024
Of which on lease € 1.8 million.
Debts at end 2025
€ 11.3 million
▲ € 10 million vs 2024
€ 1.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 5.5 million
▲ 265% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 69 days on average.
€ 2.4 million
▲ 117% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 14,488,971 | € 21,117,751 | € 23,670,652 | € 45,378,478 | ▲ 92% |
| Profit after taxes | € -976,926 | € 1,060,608 | € 1,630,200 | € 2,826,941 | ▲ 73% |
| Equity | € 4,336,888 | € 5,397,496 | € 7,027,696 | € 14,464,960 | ▲ 106% |
| Total debts | € 6,917,225 | € 7,318,409 | € 7,782,002 | € 26,911,015 | ▲ 246% |
| Cash | € 2,851,436 | € 2,119,957 | € 307,449 | € 228,916 | ▼ 26% |
| Land & buildings | € 63,055 | € 52,005 | € 38,769 | € 175,606 | ▲ € 136,837 |
| Retained profit | € 4,254,388 | € 5,314,996 | € 6,945,196 | € 11,533,675 | ▲ 66% |
| Bank debt | € 1,433,526 | € 966,950 | € 1,305,122 | € 11,336,426 | ▲ € 10 million |
| Balance sheet total | € 11,254,113 | € 12,715,905 | € 14,809,698 | € 41,375,975 | ▲ 179% |
| Employees (FTE) | 86.2 | 97.3 | 102.3 | 213.9 | ▲ 111.6 |
Key figures of Fain Belgium, 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 Fain Belgium?
What happened at Fain Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.8 million (▲ 73% vs 2024). Source: NBB ↗
- New establishment in Tournai. KBO
- New establishment in Waremme. KBO
- New establishment in Oudergem. KBO
- Fain Belgium Holding NV became a director. NBB
- New establishment in Herk-de-Stad. KBO
- New establishment in Oostende. KBO
- New establishment in Aartselaar. KBO
In short
From € 976,926 loss in 2022 to € 2.8 million profit in 2025.
Paid € 1.9 million in corporate taxes since 2022.
Best year ever: 2025, with € 2.8 million profit.
Pays suppliers within 69 days on average.
Management
The stake of Fain Belgium Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Fain BelgiumBehind Fain Belgium is Fain Belgium Holding NV. The shares are held by Fain Belgium Holding (100%). It owns 100% of AEM Ascenseurs and 100% of LIFTUP itself.
Directors
According to the 2025 annual accounts
Director · represented by Arne Vandenberghe
since 2023
Shareholders
100%
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Begoniastraat 30 box c
9810 Nazareth
Begoniastraat 30 box C
9810 Nazareth
Active since 15 May 2003
Kuipweg 13
8400 Oostende
Active since 1 January 2021
Langlaarsteenweg 168
2630 Aartselaar
Active since 1 January 2021
Steenweg 3 box .206
3540 Herk-de-Stad
Active since 1 January 2022
Chaussée de Douai(TOU) 225
7500 Tournai
Active since 2 January 2025
Au Fonds Râce 33
4300 Waremme
Active since 2 January 2025
Thomas Balisplein 3
1160 Oudergem
Active since 2 January 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0479.893.147
- VAT number
- BE 0479.893.147
- Registered office
- Begoniastraat 30 bus c, 9810 Nazareth
- Names & denominations
- Fain Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 2003
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
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