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 24 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
FGLOGO from Colfontaine, company number BE0711852019, closed financial year 2025 with a result of € 43,789 after tax. For that financial year FGLOGO recorded a gross margin of € 115,913 and equity of € 119,476. Compared with financial year 2024, the result moved from € 45,350 to € 43,789. The company is profitable. 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 April 8, 2026.
€ 119,476
▲ 58% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,789
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 43,734
▲ 35% 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 € 99,476.
People and assets in 2025
€ 990
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 618,769
▼ 8% vs 2024
€ 60,671 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 13,887
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28
▼ 99% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 78,975 | € 84,659 | € 102,173 | € 115,913 | ▲ 13% |
| Profit after taxes | € 32,159 | € 35,740 | € 45,350 | € 43,789 | ▼ 3% |
| Equity | € 22,596 | € 46,336 | € 75,687 | € 119,476 | ▲ 58% |
| Total debts | € 853,782 | € 843,562 | € 795,487 | € 734,397 | ▼ 8% |
| Cash | € 5,899 | € 22,453 | € 32,427 | € 43,734 | ▲ 35% |
| Land & buildings | € 858,646 | € 852,364 | € 821,611 | € 792,193 | ▼ 4% |
| Retained profit | € 2,596 | € 26,336 | € 55,687 | € 99,476 | ▲ 79% |
| Dividend | € 0 | € 12,000 | € 16,000 | € 0 | ▼ 100% |
| Bank debt | € 764,804 | € 731,096 | € 670,428 | € 618,769 | ▼ 8% |
| Balance sheet total | € 876,378 | € 889,898 | € 871,174 | € 853,873 | ▼ 2% |
Key figures of FGLOGO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to FGLOGO?
What happened at FGLOGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 43,789 (▼ 3% vs 2024). Source: NBB ↗
- GREGORY DEFRISE became a director. NBB
- FABIO PARAVANO became a director. NBB
- LORENZO CARMINATI became a director. NBB
- GODELIEVE VAN HEDDEGEM became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 32,159 profit in 2022 to € 43,789 profit in 2025.
Paid € 18,963 in corporate taxes since 2022.
Best year ever: 2024, with € 45,350 profit.
Paid out € 28,000 in dividends to the owners in total.
Management
Behind FGLOGO are GREGORY DEFRISE, FABIO PARAVANO, LORENZO CARMINATI and GODELIEVE VAN HEDDEGEM. GREGORY DEFRISE is also behind DGMN. GODELIEVE VAN HEDDEGEM is also behind GOCARDIO.
Establishments
Establishment units
Physical locations of this company
Avenue Docteur Schweitzer 164
7340 Colfontaine
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0711.852.019
- VAT number
- BE 0711.852.019
- Registered office
- Avenue Docteur Schweitzer 164, 7340 Colfontaine
- Names & denominations
- FGLOGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 2018
- Peppol
- Not registered