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 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 5.6 to 3.9.
Financials
Financial year 2025
Fo Le Fer from Oostkamp, company number BE0639940078, closed financial year 2025 with a result of € 16,914 after tax. For that financial year Fo Le Fer recorded a gross margin of € 343,748 and equity of € -276,520. Compared with financial year 2024, the result moved from € -348,966 to € 16,914. 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 March 5, 2026.
€ -276,520
▲ € 16,914 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,914
▲ still € 348,966 loss in 2024
Profit after tax over the fiscal year.
€ 94,930
▲ € 76,147 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 € -432,674.
People and assets in 2025
3.9
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 264,146
▼ 10% vs 2024
€ 67,700 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.
€ 3,914
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 191,353
▼ 26% vs 2024
€ 42,676 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 59,952
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 94,950
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 417,804 | € 269,915 | € 33,802 | € 343,748 | ▲ € 309,946 |
| Profit after taxes | € 49,270 | € -128,741 | € -348,966 | € 16,914 | ▲ € 365,879 |
| Equity | € 84,273 | € -44,468 | € -293,433 | € -276,520 | ▲ € 16,914 |
| Total debts | € 412,780 | € 544,882 | € 777,797 | € 774,210 | |
| Cash | € 89,831 | € 24,999 | € 18,783 | € 94,930 | ▲ € 76,147 |
| Retained profit | € 28,273 | € -100,468 | € -449,588 | € -432,674 | ▲ € 16,914 |
| Bank debt | € 243,042 | € 281,588 | € 259,631 | € 191,353 | ▼ 26% |
| Balance sheet total | € 497,054 | € 500,414 | € 484,363 | € 497,691 | ▲ 3% |
| Employees (FTE) | 6.5 | 5.6 | 4.8 | 3.9 | ▼ 0.9 |
Key figures of Fo Le Fer, 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 Fo Le Fer?
What happened at Fo Le Fer in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,914. Source: NBB ↗
- Genius Forum CV became a director. NBB
- New establishment in Oostkamp. KBO
- Tanguy Tourain became a director. NBB
- Julie Desmidt became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 49,270 profit in 2022 to € 16,914 profit in 2025.
Paid € 19,865 in corporate taxes since 2022.
Best year ever: 2022, with € 49,270 profit.
On average € 88,100 of value added per employee in 2025.
Management
The stake of Genius Forum comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Fo Le FerBehind Fo Le Fer are Tanguy Tourain, Genius Forum CV and Julie Desmidt. The shares are held by Genius Forum (13.3%).
Directors
According to the 2025 annual accounts
Tanguy Tourain
Director
since 2015
since 2025
Julie Desmidt
Director
since 2015
Shareholders
13.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Legeweg 163 box M
8020 Oostkamp
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Google Workspace
Hosting
COMBELL-AS, BE
Domain
Domain
folefer.com
Registered
2018-08-31
Registrar
Gandi SAS
Expires
2026-08-31
Website info
Features
Security
Details
- Company number
- 0639.940.078
- VAT number
- BE 0639.940.078
- Registered office
- Legeweg 163 bus M, 8020 Oostkamp
- Names & denominations
- Fo Le Fer
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 October 2015
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- folefer.com
- Activities · NACE
Smeden van metaal
Vervaardiging van metalen deuren en vensters
Schrijnwerk
Vervaardiging van andere meubelen, neg