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 62 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
F-TECH from Malmedy, company number BE0563917418, closed financial year 2025 with a result of € 136,642 after tax. For that financial year F-TECH recorded a gross margin of € 750,799 and equity of € 653,282. Compared with financial year 2024, the result moved from € 100,020 to € 136,642. 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 21, 2026.
€ 653,282
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 136,642
▲ 37% vs 2024
Profit after tax over the fiscal year.
€ 108,829
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 50,000 paid out
37 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
5.8
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 391,924
▲ 66% vs 2024
€ 67,600 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.
€ 329,708
▲ 173% vs 2024
Of which on lease € 312,390.
Debts at end 2025
€ 973,220
▲ 35% vs 2024
€ 182,858 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 151,656
▲ € 116,221 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 115,875
▲ 42% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 495,914 | € 538,700 | € 504,683 | € 750,799 | ▲ 49% |
| Profit after taxes | € 43,873 | € 72,782 | € 100,020 | € 136,642 | ▲ 37% |
| Equity | € 409,785 | € 473,870 | € 566,886 | € 653,282 | ▲ 15% |
| Total debts | € 1,185,157 | € 1,021,826 | € 960,167 | € 1,350,192 | ▲ 41% |
| Cash | € 58,110 | € 204,233 | € 143,528 | € 108,829 | ▼ 24% |
| Land & buildings | € 780,521 | € 811,545 | € 772,762 | € 720,285 | ▼ 7% |
| Retained profit | € 316,878 | € 388,060 | € 488,080 | € 574,721 | ▲ 18% |
| Dividend | € 1,600 | € 1,600 | € 0 | € 50,000 | |
| Bank debt | € 999,641 | € 780,845 | € 719,978 | € 973,220 | ▲ 35% |
| Balance sheet total | € 1,594,942 | € 1,495,696 | € 1,527,053 | € 2,007,862 | ▲ 31% |
| Employees (FTE) | 6.3 | 5.4 | 5.2 | 5.8 | ▲ 0.6 |
Key figures of F-TECH, 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 F-TECH?
What happened at F-TECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 136,642 (▲ 37% vs 2024). Source: NBB ↗
- Freches Managment SRL became a director. NBB
- Jean-Francois Freches stepped down as director. NBB
- Jean-Francois Freches became a director. NBB
- New establishment in Malmedy. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,873 profit in 2022 to € 136,642 profit in 2025.
Paid € 66,518 in corporate taxes since 2022.
Best year ever: 2025, with € 136,642 profit.
On average € 129,400 of value added per employee in 2025.
Management
Behind F-TECH is Freches Managment SRL.
Directors
According to the 2025 annual accounts
Director
since 2025
Jean-Francois Freches
Director
since 2023 · until 2025
Establishments
Establishment units
Physical locations of this company
Baugnez-Route de Waimes 100
4960 Malmedy
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0563.917.418
- VAT number
- BE 0563.917.418
- Registered office
- Baugnez-Route de Waimes 100, 4960 Malmedy
- Names & denominations
- F-TECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 October 2014
- Peppol
- Active · Active since 3 Nov 2025
- Contact
- [email protected]
- Activities · NACE
Vervaardiging van metalen deuren en vensters
Algemene bouw van residentiële gebouwen
Schrijnwerk
Goederenvervoer door de lucht