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 18 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
FAYE from Laakdal, company number BE0729785438, closed financial year 2026 with a result of € 271,809 after tax. For that financial year FAYE recorded a gross margin of € 2.3 million and equity of € 339,459. Compared with financial year 2025, the result moved from € 925,493 to € 271,809. The company is profitable. The buffer shrank hard: equity is 58 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 339,459
▼ 58% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 271,809
▼ 71% vs 2025
Profit after tax over the fiscal year.
€ 168,773
▲ 239% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 733,226 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
27.9
▲ 14.4 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 31% vs 2025
€ 49,200 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.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 438,025
▲ 231% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 771,362
▲ 69% vs 2025
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 529,975 | € 741,785 | € 2,436,231 | € 2,264,767 | ▼ 7% |
| Profit after taxes | € 82,108 | € 1,483 | € 925,493 | € 271,809 | ▼ 71% |
| Equity | € -126,100 | € -124,617 | € 800,876 | € 339,459 | ▼ 58% |
| Total debts | € 1,458,662 | € 2,263,287 | € 1,265,854 | € 1,959,270 | ▲ 55% |
| Cash | € 28,339 | € 48,532 | € 49,722 | € 168,773 | ▲ 239% |
| Retained profit | € -187,600 | € -186,117 | € 739,376 | € 277,959 | ▼ 62% |
| Dividend | € 0 | € 0 | € 0 | € 733,226 | |
| Bank debt | € 887,225 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 1,332,561 | € 2,138,670 | € 2,066,730 | € 2,298,729 | ▲ 11% |
| Employees (FTE) | 8.4 | 10.2 | 13.5 | 27.9 | ▲ 14.4 |
Key figures of FAYE, fiscal years 2022 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to FAYE?
What happened at FAYE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jo Willemyns stepped down as director. NBB
- Kris Castelein stepped down as director. NBB
- Stefan Goethaert stepped down as director. NBB
- Stefaan Vandamme stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 271,809 (▼ 71% vs 2025). Source: NBB ↗
- Jo Willemyns became a director. NBB
- Kris Castelein became a director. NBB
- Stefan Goethaert became a director. NBB
In short
From € 82,108 profit in 2022 to € 271,809 profit in 2026.
Paid € 428,425 in corporate taxes since 2022.
Best year ever: 2025, with € 925,493 profit.
On average € 81,200 of value added per employee in 2026.
Management
The stake of THE FASHION SOCIETY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FAYEThe shares are held by THE FASHION SOCIETY (100%).
Directors
According to the 2026 annual accounts
Jo Willemyns
Director
Also active at: USIMEX - INVEST, DE PRINS RETAIL, Delidis, SUPERMARKT MAGDA, JIMS, Supermarkt De Belie, CEDOX, VLEBA +43 more
since 2025 · until 2028
Kris Castelein
Director
Also active at: USIMEX - INVEST, DE PRINS RETAIL, Delidis, SUPERMARKT MAGDA, JIMS, Supermarkt De Belie, CEDOX, VLEBA +41 more
since 2025 · until 2028
Stefan Goethaert
Director
Also active at: USIMEX - INVEST, DE PRINS RETAIL, Delidis, SUPERMARKT MAGDA, JIMS, Supermarkt De Belie, CEDOX, VLEBA +45 more
since 2025 · until 2028
Stefaan Vandamme
Director
Also active at: USIMEX - INVEST, DE PRINS RETAIL, Delidis, SUPERMARKT MAGDA, JIMS, Supermarkt De Belie, CEDOX, VLEBA +41 more
since 2025 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hulstsestraat 6
2431 Laakdal
Rootenstraat 8
3600 Genk
Active since 6 December 2019
Sint-Truidersteenweg 319
3500 Hasselt
Active since 3 September 2020
Paalsesteenweg 201
3583 Beringen
Active since 1 May 2023
Steegstraat 52
2490 Balen
Active since 1 February 2025
Zandstraat 125 box D
3500 Hasselt
Active since 5 May 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0729.785.438
- VAT number
- BE 0729.785.438
- Registered office
- Hulstsestraat 6, 2431 Laakdal
- Names & denominations
- FAYE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2019
- Peppol
- Active · Active since 21 Aug 2025
- Contact
- thefashionstore.be
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in schoeisel
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in schoeisel