Financials
Financial year 2025
FOG from Wavre, company number BE0677623489, closed financial year 2025 with a result of € -53,067 after tax. For that financial year FOG recorded a gross margin of € 6,817 and equity of € 147,233. Compared with financial year 2024, the result moved from € 60,715 to € -53,067. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 147,233
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -53,067
▼ still € 60,715 profit in 2024
Profit after tax over the fiscal year.
€ 100,026
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 128,633.
People and assets in 2025
€ 1,461
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 437,518
▲ 2% vs 2024
€ 46,491 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 7,911
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,391
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 119,931 | € 122,694 | € 139,593 | € 6,817 | ▼ 95% |
| Profit after taxes | € 7,598 | € 44,583 | € 60,715 | € -53,067 | ▼ € 113,782 |
| Equity | € 153,825 | € 198,408 | € 259,123 | € 147,233 | ▼ 43% |
| Total debts | € 609,655 | € 573,114 | € 478,106 | € 531,024 | ▲ 11% |
| Cash | € 43,052 | € 101,023 | € 114,194 | € 100,026 | ▼ 12% |
| Land & buildings | € 638,953 | € 598,909 | € 571,364 | € 567,857 | ▼ 1% |
| Retained profit | € 135,225 | € 179,808 | € 240,523 | € 128,633 | ▼ 47% |
| Dividend | € 0 | € 0 | € 0 | € 58,824 | |
| Bank debt | € 510,620 | € 470,423 | € 429,894 | € 437,518 | ▲ 2% |
| Balance sheet total | € 763,481 | € 771,522 | € 737,229 | € 678,256 | ▼ 8% |
Key figures of FOG, 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 FOG?
What happened at FOG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 53,067 (▼ € 113,782 vs 2024). Source: NBB ↗
- Vincent Faes became a director. NBB
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,598 profit in 2022 to € 53,067 loss in 2025.
Paid € 39,689 in corporate taxes since 2022.
Best year ever: 2024, with € 60,715 profit.
Paid out € 58,824 in dividends to the owners in total.
Management
Behind FOG is Vincent Faes. Vincent Faes is also behind Up&Co.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Avenue Centremont 10
1300 Wavre
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0677.623.489
- VAT number
- BE 0677.623.489
- Registered office
- Avenue Centremont 10, 1300 Wavre
- Names & denominations
- FOG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 2017
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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