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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
49 other companies have their registered office at the same address; threshold 10.
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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
FG Participations from Brussel, company number BE0799266439, closed financial year 2025 with a result of € -87,187 after tax. For that financial year FG Participations recorded a gross margin of € -4,093 and equity of € 28,121. Compared with financial year 2024, the result moved from € -117,625 to € -87,187. The company made a loss. The buffer shrank hard: equity is 76 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 28,121
▼ 76% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -87,187
▲ 26 % less loss than in 2024
Profit after tax over the fiscal year.
€ 725
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -221,904.
Debts at end 2025
€ 2.7 million
▲ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 3,041
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -3,448 | € -6,753 | € -4,093 | ▲ € 2,661 |
| Profit after taxes | € -17,093 | € -117,625 | € -87,187 | ▲ € 30,438 |
| Equity | € 232,932 | € 115,308 | € 28,121 | ▼ 76% |
| Total debts | € 2,529,015 | € 2,645,974 | € 2,732,615 | ▲ 3% |
| Cash | € 1,947 | € 1,281 | € 725 | ▼ 43% |
| Retained profit | € -17,093 | € -134,717 | € -221,904 | ▼ € 87,187 |
| Bank debt | € 2,522,930 | € 2,636,025 | € 2,725,160 | ▲ 3% |
| Balance sheet total | € 2,761,947 | € 2,761,281 | € 2,760,736 |
Key figures of FG Participations, fiscal years 2023 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 FG Participations?
What happened at FG Participations in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 87,187. Source: NBB ↗
- Start of the company according to the CBE. KBO
- Evrard De Montgolfier became a director. NBB
- Ségolène Frère became a director. NBB
In short
From € 17,093 loss in 2023 to € 87,187 loss in 2025.
A new publication or filing at FG Participations? 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 SG Gestion, SNOWBALL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FG ParticipationsBehind FG Participations are Evrard De Montgolfier and Ségolène Frère. The shares are held by SG Gestion (30%) and SNOWBALL.
Directors
According to the 2025 annual accounts
Evrard De Montgolfier
Director
Also active at: PRIFAST REAL ESTATE X, Eagle Capital, Insentials, Choiseau Capbe, FG Investment
since 2023
Ségolène Frère
Director
Also active at: Fondation Charles-Albert Frère, FG Bros, FG Investment, SG Gestion
since 2023
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Marnixlaan 24
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0799.266.439
- VAT number
- BE 0799.266.439
- Registered office
- Marnixlaan 24, 1000 Brussel
- Names & denominations
- FG Participations
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 March 2023
- Peppol
- Not registered