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 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FFX from Herve, company number BE0651558797, closed financial year 2025 with a result of € 32,627 after tax. For that financial year FFX recorded a gross margin of € 284,485 and equity of € 32,073. Compared with financial year 2024, the result moved from € -23,187 to € 32,627. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 32,073
▲ € 32,627 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,627
▲ still € 23,187 loss in 2024
Profit after tax over the fiscal year.
€ 17,537
▼ 7% 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 € 13,473.
People and assets in 2025
€ 176,034
▲ 10% 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.
€ 204,549
▲ 65% vs 2024
Of which on lease € 81,819.
Debts at end 2025
€ 232,066
▲ 7% vs 2024
€ 41,940 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 145,868
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,212
▲ 47% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 205,217 | € 247,724 | € 195,419 | € 284,485 | ▲ 46% |
| Profit after taxes | € 547 | € 2,082 | € -23,187 | € 32,627 | ▲ € 55,814 |
| Equity | € 21,146 | € 22,826 | € -553 | € 32,073 | ▲ € 32,627 |
| Total debts | € 296,270 | € 269,019 | € 438,468 | € 502,657 | ▲ 15% |
| Cash | € 31,756 | € 22,741 | € 18,940 | € 17,537 | ▼ 7% |
| Retained profit | € 1,952 | € 4,034 | € -19,153 | € 13,473 | ▲ € 32,627 |
| Dividend | € 28,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 90,796 | € 109,231 | € 217,377 | € 232,066 | ▲ 7% |
| Balance sheet total | € 317,415 | € 291,845 | € 437,915 | € 534,730 | ▲ 22% |
| Employees (FTE) | 4.3 | 3.9 | - | - |
Key figures of FFX, 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 FFX?
What happened at FFX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,627. Source: NBB ↗
- New establishment in Herve. KBO
- Start of the company according to the CBE. KBO
- Xavier HARTMANN became a director. NBB
In short
From € 547 profit in 2022 to € 32,627 profit in 2025.
Paid € 7,814 in corporate taxes since 2022.
Best year ever: 2025, with € 32,627 profit.
On average € 63,500 of value added per employee in 2023.
Management
Behind FFX is Xavier HARTMANN. Xavier HARTMANN is also behind LIN +.
Directors
According to the 2025 annual accounts
since 2016
Establishments
Establishment units
Physical locations of this company
Rue des Martyrs 14
4650 Herve
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
Microsoft 365
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0651.558.797
- VAT number
- BE 0651.558.797
- Registered office
- Rue des Martyrs 14, 4650 Herve
- Names & denominations
- FFX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2016
- Peppol
- Active · Active since 23 Dec 2025
- Contact
- ffx-toiture.be
- Activities · NACE
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