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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Fonzie & Friends from Zwevegem, company number BE0759681135, closed financial year 2024 with a result of € -91,202 after tax. For that financial year Fonzie & Friends recorded a gross margin of € 51,870 and equity of € -160,653. Compared with financial year 2023, the result moved from € -28,935 to € -91,202. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 25, 2025.
€ -160,653
▼ € 91,202 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -91,202
▼ 215 % more loss than in 2023
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -165,653.
People and assets in 2024
0.6
▲ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 18,376
▼ 6% 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.
Debts at end 2024
€ 1.2 million
▲ 89% vs 2023
€ 99,538 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 3,797
▼ 83% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 10,691
▲ 26% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 27,457 | € 41,799 | € 40,701 | € 51,870 | ▲ 27% |
| Profit after taxes | € -32,230 | € -13,286 | € -28,935 | € -91,202 | ▼ € 62,267 |
| Equity | € -27,230 | € -40,516 | € -69,451 | € -160,653 | ▼ € 91,202 |
| Total debts | € 581,776 | € 887,809 | € 921,739 | € 1,631,972 | ▲ 77% |
| Cash | € 2,637 | € 3,504 | € 6,957 | € 0 | ▼ 100% |
| Land & buildings | € 459,867 | € 438,624 | € 417,382 | € 1,086,597 | ▲ 160% |
| Retained profit | € -32,230 | € -45,516 | € -74,451 | € -165,653 | ▼ € 91,202 |
| Bank debt | € 414,689 | € 385,990 | € 644,764 | € 1,218,311 | ▲ 89% |
| Balance sheet total | € 554,546 | € 847,293 | € 852,288 | € 1,471,319 | ▲ 73% |
| Employees (FTE) | - | - | 0.5 | 0.6 | ▲ 0.1 |
Key figures of Fonzie & Friends, 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 Fonzie & Friends?
What happened at Fonzie & Friends in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 91,202. Source: NBB ↗
- New establishment in Zwevegem. KBO
- Paco Ghistelinck became a director. NBB
- Julien Vermote became a director. NBB
- Alphonse Vermote became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 32,230 loss in 2021 to € 91,202 loss in 2024.
Management
Behind Fonzie & Friends are Paco Ghistelinck, Julien Vermote and Alphonse Vermote. It owns 15% of Freemmo NV itself.
Directors
According to the 2024 annual accounts
since 2020
since 2020
since 2020
Establishments
Establishment units
Physical locations of this company
Blokkestraat(Z) 41B box 0.2
8550 Zwevegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Details
- Company number
- 0759.681.135
- VAT number
- BE 0759.681.135
- Registered office
- Blokkestraat(Z) 41B bus 0.2, 8550 Zwevegem
- Names & denominations
- Fonzie & Friends
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2020
- Peppol
- Active · Active since 21 Feb 2025
- Activities · NACE
Detailhandel in schoeisel
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
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Ontwikkeling van niet-residentiële bouwprojecten
Verhuur en exploitatie van terreinen
Overige zakelijke dienstverlening, neg
Handel in eigen onroerend goed