Active · per the CBE, 16 September 2026

FARADAY BROTHERS

BE0753610024

Rechtspersoon Private limited company 1 establishment

FARADAY BROTHERS is a property company in Damme. Private Limited, started on 2 September 2020, 1 establishment.

Vissersstraat 21 box B, 8340 Damme

Behind the company: First Gear BV, Next Gear BV.

Active for

6 year

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 47 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

FARADAY BROTHERS from Damme, company number BE0753610024, closed financial year 2025 with a result of € -14,336 after tax. For that financial year FARADAY BROTHERS recorded a gross margin of € 169,906 and equity of € 410,755. Compared with financial year 2024, the result moved from € 27,112 to € -14,336. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 26, 2026.

What it is worth Healthy

€ 410,755

▼ 5% vs 2024

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

Loss Caution

€ -14,336

▼ still € 27,112 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4,169

▼ 33% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 393,421.

People and assets in 2025

Vehicles and equipment

€ 4,178

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 17 years to go

€ 2 million

▲ 17% vs 2024

€ 102,696 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.

Owed to suppliers

€ 26,501

▲ 244% vs 2024

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

Taxes

€ 19,295

▲ 22% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 240,541 € 154,151 € 164,152 € 169,906 ▲ 4%
Profit after taxes € -10,386 € 34,694 € 27,112 € -14,336 ▼ € 41,448
Equity € 1,163,172 € 543,072 € 430,553 € 410,755 ▼ 5%
Total debts € 1,871,192 € 1,683,781 € 1,793,314 € 2,565,815 ▲ 43%
Cash € 316,134 € 4,368 € 6,259 € 4,169 ▼ 33%
Land & buildings € 1,715,826 € 1,649,946 € 1,653,764 € 2,050,498 ▲ 24%
Retained profit € 1,145,839 € 525,738 € 413,220 € 393,421 ▼ 5%
Dividend € 0 € 654,794 € 139,630 € 5,462 ▼ 96%
Bank debt € 1,704,022 € 1,630,347 € 1,736,864 € 2,035,605 ▲ 17%
Balance sheet total € 3,034,365 € 2,226,853 € 2,223,867 € 2,976,571 ▲ 34%

Key figures of FARADAY BROTHERS, 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 January 2027.

What happened to FARADAY BROTHERS?

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

  • New annual accounts for financial year 2025: loss of € 14,336 (▼ € 41,448 vs 2024). filed late Source: NBB ↗
  • New establishment in Damme. KBO
  • Start of the company according to the CBE. KBO

In short

From € 10,386 loss in 2022 to € 14,336 loss in 2025.

Paid € 21,125 in corporate taxes since 2022.

Best year ever: 2023, with € 34,694 profit.

Paid out € 799,887 in dividends to the owners in total.

Management

Behind FARADAY BROTHERS are First Gear BV and Next Gear BV. It owns 50% of Dautrictourt Invest and 14.3% of Black Panther itself.

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Directors

According to the 2025 annual accounts

First Gear BV

Director · represented by Theys Mathias

Also active at: HELEBLITZ services

Establishments

Establishment units

Physical locations of this company

Registered office

Vissersstraat 21 box B

8340 Damme

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

Details

Company number
0753.610.024
VAT number
BE 0753.610.024
Registered office
Vissersstraat 21 bus B, 8340 Damme
Names & denominations
FARADAY BROTHERS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
2 September 2020
Peppol
Active · Active since 27 Mar 2026
Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Handel in eigen onroerend goed

Frequently asked questions

What does FARADAY BROTHERS do?
FARADAY BROTHERS is a property company in Damme. Private Limited, started on 2 September 2020, 1 establishment.
What is the address of FARADAY BROTHERS?
The registered office of FARADAY BROTHERS is located at Vissersstraat 21 box B, 8340 Damme.
Is FARADAY BROTHERS still active?
Yes. According to the CBE (16 September 2026) FARADAY BROTHERS is active, legal situation “Normale toestand”, started on 2 September 2020.
Is FARADAY BROTHERS registered on Peppol?
Yes, FARADAY BROTHERS is registered on the Peppol network with ID 0208:0753610024.
What is the enterprise number of FARADAY BROTHERS?
The enterprise number of FARADAY BROTHERS is BE0753610024.
When was FARADAY BROTHERS founded?
FARADAY BROTHERS was founded on 2 September 2020.