Active · per the CBE, 4 October 2026

FTW

BE0734663647

Rechtspersoon Private limited company 1 establishment

FTW is a hospitality business in Brussel. Private Limited, started on 19 September 2019, 1 establishment.

Hoogstraat 120, 1000 Brussel

Behind the company: Lucas Vargiu.

Active for

7 year

Financials

Financial year 2024

FTW from Brussel, company number BE0734663647, closed financial year 2024 with a result of € 12,739 after tax. For that financial year FTW recorded a gross margin of € 206,377 and equity of € 32,875. Compared with financial year 2023, the result moved from € 14,936 to € 12,739. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.

What it is worth Growing

€ 32,875

▲ 63% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 12,739

▼ 15% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 34,737

▼ 41% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 26,675.

People and assets in 2024

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 186,487

▲ 12% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 3,690

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 2 years to go

€ 23,023

▼ 24% vs 2023

€ 10,269 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 7,724

▼ 39% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 22,931

▲ 26% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 101,117 € 161,362 € 200,677 € 206,377 ▲ 3%
Profit after taxes € 23,740 € -11,838 € 14,936 € 12,739 ▼ 15%
Equity € 16,523 € 5,200 € 20,136 € 32,875 ▲ 63%
Total debts € 68,818 € 71,505 € 61,545 € 53,678 ▼ 13%
Cash € 45,072 € 39,423 € 59,183 € 34,737 ▼ 41%
Land & buildings € 28,578 € 28,579 € 20,769 € 21,636 ▲ 4%
Retained profit € 10,323 € -1,000 € 13,936 € 26,675 ▲ 91%
Bank debt € 46,941 € 38,756 € 30,297 € 23,023 ▼ 24%
Balance sheet total € 85,341 € 76,705 € 81,681 € 86,552 ▲ 6%

Key figures of FTW, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to FTW?

What happened at FTW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2024: profit of € 12,739 (▼ 15% vs 2023). filed late Source: NBB ↗
  • New establishment in Brussel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 23,740 profit in 2021 to € 12,739 profit in 2024.

Paid € 3,653 in corporate taxes since 2021.

Best year ever: 2021, with € 23,740 profit.

Management

Lucas Vargiu
FTW

Behind FTW is Lucas Vargiu.

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Directors

According to the 2024 annual accounts

Lucas Vargiu

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Hoogstraat 120

1000 Brussel

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0734.663.647
VAT number
BE 0734.663.647
Registered office
Hoogstraat 120, 1000 Brussel
Names & denominations
FTW
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
19 September 2019
Peppol
Active · Active since 3 Feb 2026
Activities · NACE

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Frequently asked questions

What does FTW do?
FTW is a hospitality business in Brussel. Private Limited, started on 19 September 2019, 1 establishment.
What is the address of FTW?
The registered office of FTW is located at Hoogstraat 120, 1000 Brussel.
Is FTW still active?
Yes. According to the CBE (4 October 2026) FTW is active, legal situation “Normale toestand”, started on 19 September 2019.
Is FTW registered on Peppol?
Yes, FTW is registered on the Peppol network with ID 0208:0734663647.
What is the enterprise number of FTW?
The enterprise number of FTW is BE0734663647.
When was FTW founded?
FTW was founded on 19 September 2019.