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 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FAGNES DEVELOPPEMENT from Couvin, company number BE0771679639, closed financial year 2025 with a result of € -48,484 after tax. For that financial year FAGNES DEVELOPPEMENT recorded revenue of € 328,630 and equity of € 6,703. Compared with financial year 2024, the result moved from € 8,641 to € -48,484. The company made a loss. The buffer shrank hard: equity is 100 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 13, 2026.
€ 6,703
▼ € 3.3 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -48,484
▼ still € 8,641 profit in 2024
Profit after tax over the fiscal year.
€ 24,293
▼ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -48,484.
People and assets in 2025
€ 60,299
▼ 22% vs 2024
Of which on lease € 60,299.
Debts at end 2025
€ 318,734
▼ 44% vs 2024
€ 230,746 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 33,988
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 223 days on average.
€ 8,997
▼ 70% 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 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 342,570 | € 328,630 | ▼ 4% |
| Profit after taxes | € 4,972 | € 50,358 | € 8,641 | € -48,484 | ▼ € 57,125 |
| Equity | € 3,218,972 | € 3,269,330 | € 3,277,971 | € 6,703 | ▼ € 3.3 million |
| Total debts | € 787,544 | € 606,836 | € 1,035,541 | € 3,917,991 | ▲ 278% |
| Cash | € 14,158 | € 45,301 | € 86,585 | € 24,293 | ▼ 72% |
| Land & buildings | € 3,792,610 | € 3,664,078 | € 4,003,806 | € 3,813,907 | ▼ 5% |
| Retained profit | € 4,972 | € 55,330 | € 63,971 | € -48,484 | ▼ € 112,455 |
| Bank debt | € 583,575 | € 433,300 | € 569,826 | € 318,734 | ▼ 44% |
| Balance sheet total | € 4,006,516 | € 3,876,166 | € 4,313,512 | € 3,924,694 | ▼ 9% |
Key figures of FAGNES DEVELOPPEMENT, 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 FAGNES DEVELOPPEMENT?
What happened at FAGNES DEVELOPPEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 48,484 (▼ € 57,125 vs 2024). filed late Source: NBB ↗
- New establishment in Couvin. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,972 profit in 2022 to € 48,484 loss in 2025.
Paid € 24,502 in corporate taxes since 2022.
Best year ever: 2023, with € 50,358 profit.
A new publication or filing at FAGNES DEVELOPPEMENT? We notify you, reason included.
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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
The stake of FAGNES AVENUE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FAGNES DEVELOPPEMENTBehind FAGNES DEVELOPPEMENT are Maurice Adant, Fanny Lauvaux and Frédéric Adant. The shares are held by FAGNES AVENUE (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Gare 20
5660 Couvin
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Couvimo same network
€ 427,360 revenue · 2025
FINANCIERE COUVIGEST
€ 501,607 revenue · 2025
COUVIGEST same network
€ 2,500 revenue · 2025
BRASSERIE DES FAGNES
€ 3.8 million revenue · 2025
FAGNES UNITE TVA
+1 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
- 0771.679.639
- VAT number
- BE 0771.679.639
- Registered office
- Rue de la Gare 20, 5660 Couvin
- Names & denominations
- FAGNES DEVELOPPEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 July 2021
- Peppol
- Active · Active since 30 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Vermogensbeheer
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van hoofdkantoren
Handel in eigen onroerend goed