Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Fezan from Brugge, company number BE0674734176, closed financial year 2025 with a result of € 3,812 after tax. For that financial year Fezan recorded a gross margin of € 188,523 and equity of € 114,583. Compared with financial year 2024, the result moved from € 2,218 to € 3,812. 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 September 19, 2026.
€ 114,583
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,812
▲ 72% vs 2024
Profit after tax over the fiscal year.
€ 82,466
▲ 40% 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 € 108,383.
People and assets in 2025
€ 112,710
▲ € 102,834 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.
€ 3,857
▼ 86% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 442,753
▼ 11% vs 2024
€ 21,297 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.
€ 61,199
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 51,638
▲ 80% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 898,351 | - | - | - | |
| Gross margin | € 38,125 | € 152,629 | € 67,978 | € 188,523 | ▲ 177% |
| Profit after taxes | € 4,873 | € 76,162 | € 2,218 | € 3,812 | ▲ 72% |
| Equity | € 55,105 | € 111,266 | € 110,771 | € 114,583 | ▲ 3% |
| Total debts | € 653,627 | € 731,789 | € 707,038 | € 690,286 | ▼ 2% |
| Cash | € 14,641 | € 49,739 | € 58,857 | € 82,466 | ▲ 40% |
| Land & buildings | € 630,227 | € 614,802 | € 599,377 | € 568,527 | ▼ 5% |
| Retained profit | € 48,317 | € 104,479 | € 104,571 | € 108,383 | ▲ 4% |
| Dividend | € 0 | € 20,000 | € 0 | € 0 | |
| Bank debt | € 526,966 | € 544,318 | € 497,699 | € 442,753 | ▼ 11% |
| Balance sheet total | € 708,731 | € 843,056 | € 817,809 | € 804,869 | ▼ 2% |
Key figures of Fezan, 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 Fezan?
What happened at Fezan in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,812 (▲ 72% vs 2024). filed late Source: NBB ↗
- New establishment in Oostende. KBO
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,873 profit in 2022 to € 3,812 profit in 2025.
Paid € 41,373 in corporate taxes since 2022.
Best year ever: 2023, with € 76,162 profit.
Paid out € 20,000 in dividends to the owners in total.
A new publication or filing at Fezan? We notify you, reason included.
Follow FezanDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Fezan are Wasim Mushtaq and Nawaz Mudassar.
Directors
According to the 2025 annual accounts
Wasim Mushtaq
Director
Nawaz Mudassar
Andere functie
Establishments
Establishment units
Physical locations of this company
Leemputstraat 14
8000 Brugge
Torhoutsesteenweg 152
8400 Oostende
Active since 5 August 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0674.734.176
- VAT number
- BE 0674.734.176
- Registered office
- Leemputstraat 14, 8000 Brugge
- Names & denominations
- Fezan
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 2017
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Activiteiten van eetgelegenheden met volledige bediening
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden