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 1 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2024; threshold 65 %.
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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 2024
FTFY from Genk, company number BE0798599317, closed financial year 2024 with a result of € -18,206 after tax. For that financial year FTFY recorded a gross margin of € -11,787 and equity of € -1,971. Compared with financial year 2023, the result moved from € 13,235 to € -18,206. 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 October 29, 2025.
€ -1,971
▼ € 18,206 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,206
▼ still € 13,235 profit in 2023
Profit after tax over the fiscal year.
€ 1,766
▼ 90% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4,971.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 160
▲ € 158 vs 2023
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 14,856
▼ 23% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1,544
▼ 84% vs 2023
Loans from banks and other lenders, long and short.
€ 1,712
Supplier invoices still open on the last day of the fiscal year.
€ 4,496
▼ 41% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 23,170 | € -11,787 | ▼ € 34,957 |
| Profit after taxes | € 13,235 | € -18,206 | ▼ € 31,442 |
| Equity | € 16,235 | € -1,971 | ▼ € 18,206 |
| Total debts | € 26,561 | € 19,010 | ▼ 28% |
| Cash | € 16,828 | € 1,766 | ▼ 90% |
| Retained profit | € 13,235 | € -4,971 | ▼ € 18,206 |
| Bank debt | € 9,383 | € 1,544 | ▼ 84% |
| Balance sheet total | € 42,797 | € 17,039 | ▼ 60% |
Key figures of FTFY, fiscal years 2023 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 FTFY?
What happened at FTFY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 18,206 (▼ € 31,442 vs 2023). filed late Source: NBB ↗
- New establishment in Genk. KBO
- Sacha Vermeulen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 13,235 profit in 2023 to € 18,206 loss in 2024.
Paid € 6,116 in corporate taxes since 2023.
Best year ever: 2023, with € 13,235 profit.
A new publication or filing at FTFY? 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
Directors
According to the 2024 annual accounts
Sacha Vermeulen
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Plaggenstraat 57
3600 Genk
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.
Details
- Company number
- 0798.599.317
- VAT number
- BE 0798.599.317
- Registered office
- Plaggenstraat 57, 3600 Genk
- Names & denominations
- FTFY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 February 2023
- Peppol
- Not registered
- Activities · NACE
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