Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
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 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 6.1 to 3.4.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Fusalp Belgium from Brussel, company number BE0774345357, closed financial year 2025 with a result of € -203,933 after tax. For that financial year Fusalp Belgium recorded a gross margin of € 56,196 and equity of € -565,818. Compared with financial year 2024, the result moved from € -194,568 to € -203,933. 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 December 24, 2025.
€ -565,818
▼ € 203,933 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -203,933
▼ 5 % more loss than in 2024
Profit after tax over the fiscal year.
€ 46,975
▼ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -565,819.
People and assets in 2025
3.4
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 159,068
▼ 33% vs 2024
€ 46,800 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.
€ 7,754
▲ 7% 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.
€ 93,131
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,830
▼ 61% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 553,980 | - | - | - | |
| Gross margin | € 49,967 | € 108,195 | € -106,669 | € 56,196 | ▲ € 162,865 |
| Profit after taxes | € -72,290 | € -95,028 | € -194,568 | € -203,933 | ▼ € 9,365 |
| Equity | € -72,289 | € -167,317 | € -361,885 | € -565,818 | ▼ € 203,933 |
| Total debts | € 911,045 | € 1,124,806 | € 1,279,873 | € 1,287,375 | ▲ 1% |
| Cash | € 189,439 | € 203,870 | € 158,021 | € 46,975 | ▼ 70% |
| Land & buildings | € 1,627 | € 1,435 | € 1,243 | - | |
| Retained profit | € -72,290 | € -167,318 | € -361,886 | € -565,819 | ▼ € 203,933 |
| Balance sheet total | € 838,756 | € 957,489 | € 917,989 | € 721,557 | ▼ 21% |
| Employees (FTE) | 2.3 | 6.1 | 3.8 | 3.4 | ▼ 0.4 |
Key figures of Fusalp Belgium, 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 December 2026.
What happened to Fusalp Belgium?
What happened at Fusalp Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 203,933. Source: NBB ↗
- New establishment in Antwerpen. KBO
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 72,290 loss in 2022 to € 203,933 loss in 2025.
On average € 16,500 of value added per employee in 2025.
A new publication or filing at Fusalp Belgium? 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
Establishments
Establishment units
Physical locations of this company
Louizalaan 78
1050 Brussel
Schuttershofstraat 31
2000 Antwerpen
Active since 15 December 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
fusalp.com
Registered
1997-12-08
Registrar
OVH sas
Expires
2026-12-07
Website info
Features
Security
Network
Details
- Company number
- 0774.345.357
- VAT number
- BE 0774.345.357
- Registered office
- Louizalaan 78, 1050 Brussel
- Names & denominations
- Fusalp Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 2021
- Peppol
- Not registered
- Contact
- fusalp.com +33 4 85 21 31 78
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