Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 61.4 to 37.3.
Financials
Financial year 2025
Fiberklaar from Gent, company number BE0760540475, closed financial year 2025 with a result of € -48.6 million after tax. For that financial year Fiberklaar recorded revenue of € 18.1 million and equity of € 742.8 million. Compared with financial year 2024, the result moved from € -33.4 million to € -48.6 million. The company made a loss. 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 May 26, 2026.
€ 742.8 million
▲ 243% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -48.6 million
▼ 46 % more loss than in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -141.8 million.
People and assets in 2025
37.3
▼ 22.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.1 million
▼ 41% vs 2024
€ 108,700 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.
€ 204,059
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 18.1 million
▼ 96% vs 2024
Loans from banks and other lenders, long and short.
€ 70.2 million
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1926 days on average.
€ 492,329
▼ 54% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 120,309 | € 1,667,203 | € 9,713,751 | € 18,087,193 | ▲ 86% |
| Profit after taxes | € -15,355,857 | € -28,238,810 | € -33,425,238 | € -48,638,064 | ▼ € 15.2 million |
| Equity | € 88,131,209 | € 179,892,399 | € 216,467,161 | € 742,829,097 | ▲ 243% |
| Total debts | € 180,021,026 | € 342,244,180 | € 551,960,640 | € 88,784,683 | ▼ 84% |
| Cash | € 31,023,511 | € 18,264,890 | € 2,636,139 | € 0 | ▼ 100% |
| Land & buildings | € 435,999 | € 855,335 | € 1,292,339 | € 1,450,033 | ▲ 12% |
| Retained profit | € -31,468,891 | € -59,707,701 | € -93,132,939 | € -141,771,003 | ▼ € 48.6 million |
| Bank debt | € 120,000,000 | € 290,000,000 | € 480,000,000 | € 18,127,042 | ▼ 96% |
| Balance sheet total | € 268,157,824 | € 522,178,367 | € 768,532,448 | € 831,785,969 | ▲ 8% |
| Employees (FTE) | 51.3 | 61.4 | 59.8 | 37.3 | ▼ 22.5 |
Key figures of Fiberklaar, 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 Fiberklaar?
What happened at Fiberklaar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thomas Naveau stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 48.6 million. Source: NBB ↗
- Thomas Naveau became a director. NBB
- Geert Standaert became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 15.4 million loss in 2022 to € 48.6 million loss in 2025.
Paid € 40,318 in corporate taxes since 2022.
Management
The stake of Fiberklaar Midco comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FiberklaarBehind Fiberklaar is Geert Standaert. The shares are held by Fiberklaar Midco (100%).
Directors
According to the 2025 annual accounts
since 2023
since 2024 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Raymonde de Larochelaan 13 box 2 03
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →ENFOCUS
€ 15.8 million revenue · 2025
ESKO - GRAPHICS
€ 167.2 million revenue · 2025
Fiberklaar Midco same network
ESKO FINANCE
ESKO
+3 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
- 0760.540.475
- VAT number
- BE 0760.540.475
- Registered office
- Raymonde de Larochelaan 13 bus 2 03, 9051 Gent
- Names & denominations
- Fiberklaar
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 2020
- Peppol
- Active · Active since 20 Aug 2025
- Activities · NACE
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