Financials
Financial year 2025
FAY CONCEPTS from Wommelgem, company number BE0758731624, closed financial year 2025 with a result of € 97,568 after tax. For that financial year FAY CONCEPTS recorded a gross margin of € 606,432 and equity of € 342,675. Compared with financial year 2024, the result moved from € 144,490 to € 97,568. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 342,675
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 97,568
▼ 32% vs 2024
Profit after tax over the fiscal year.
€ 235,245
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 141,176 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
8.1
▼ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 472,792
▼ 17% vs 2024
€ 58,400 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.
€ 13,202
▲ 67% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,344
▲ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 62,895
▲ 31% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 270,281 | € 813,754 | € 759,197 | € 606,432 | ▼ 20% |
| Profit after taxes | € 89,067 | € 210,692 | € 144,490 | € 97,568 | ▼ 32% |
| Equity | € 148,748 | € 359,440 | € 386,283 | € 342,675 | ▼ 11% |
| Total debts | € 82,744 | € 106,532 | € 50,333 | € 66,585 | ▲ 32% |
| Cash | € 149,046 | € 381,353 | € 359,077 | € 235,245 | ▼ 34% |
| Retained profit | € 138,748 | € 349,440 | € 376,283 | € 332,675 | ▼ 12% |
| Dividend | € 0 | € 0 | € 117,647 | € 141,176 | ▲ 20% |
| Balance sheet total | € 231,493 | € 465,972 | € 436,616 | € 409,260 | ▼ 6% |
| Employees (FTE) | - | 10.3 | 10.3 | 8.1 | ▼ 2.2 |
Key figures of FAY CONCEPTS, 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 FAY CONCEPTS?
What happened at FAY CONCEPTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 97,568 (▼ 32% vs 2024). Source: NBB ↗
- New establishment in Wommelgem. KBO
- Frank VERVAEKE became a director. NBB
- Yassin EL BARAJRAJI became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 89,067 profit in 2022 to € 97,568 profit in 2025.
Paid € 166,735 in corporate taxes since 2022.
Best year ever: 2023, with € 210,692 profit.
On average € 74,900 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind FAY CONCEPTS are Frank VERVAEKE and Yassin EL BARAJRAJI.
Directors
According to the 2025 annual accounts
Frank VERVAEKE
Director
since 2020
Yassin EL BARAJRAJI
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 70
2160 Wommelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →MAKRO CASH & CARRY BELGIUM
€ 646.7 million revenue · 2021
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€ 33.7 million revenue · 2025
KEMPISCH FOODSERVICE
€ 162,349 gross margin · 2024
CLASSIC CAR SERVICE
€ 51,695 gross margin · 2024
Van Sande & C°, Accountants
€ -10,318 gross margin · 2023
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0758.731.624
- VAT number
- BE 0758.731.624
- Registered office
- Nijverheidsstraat 70, 2160 Wommelgem
- Names & denominations
- FAY CONCEPTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 2020
- Peppol
- Active · Active since 19 Jan 2026
- Activities · NACE
Schrijnwerk
Vervaardiging van kantoor- en winkelmeubelen