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 53 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
FAGGIO ROSSO from Izegem, company number BE0807590821, closed financial year 2024 with a result of € 19,903 after tax. For that financial year FAGGIO ROSSO recorded a gross margin of € 88,907 and equity of € 105,693. Compared with financial year 2023, the result moved from € 28,953 to € 19,903. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 105,693
▲ 23% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,903
▼ 31% vs 2023
Profit after tax over the fiscal year.
€ 14,521
▼ 23% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 105,693.
People and assets in 2024
€ 20,124
▼ 35% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,310
▼ 28% vs 2023
Of which on lease € 12,800.
Debts at end 2024
€ 235,539
▲ € 221,819 vs 2023
€ 24,031 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 45,993
▲ € 38,610 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,520
▼ 76% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 79,658 | € 60,432 | € 80,599 | € 88,907 | ▲ 10% |
| Profit after taxes | € 41,833 | € 22,427 | € 28,953 | € 19,903 | ▼ 31% |
| Equity | € 66,110 | € 56,837 | € 85,790 | € 105,693 | ▲ 23% |
| Total debts | € 5,125 | € 11,133 | € 35,011 | € 331,632 | ▲ € 296,621 |
| Cash | € 27,094 | € 28,686 | € 18,958 | € 14,521 | ▼ 23% |
| Land & buildings | € 19,664 | € 14,840 | € 51,943 | € 342,212 | ▲ € 290,269 |
| Retained profit | € 41,110 | € 56,837 | € 85,790 | € 105,693 | ▲ 23% |
| Dividend | € 0 | € 6,700 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 13,720 | € 235,539 | ▲ € 221,819 |
| Balance sheet total | € 71,235 | € 67,970 | € 120,801 | € 437,325 | ▲ 262% |
Key figures of FAGGIO ROSSO, fiscal years 2021 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 FAGGIO ROSSO?
What happened at FAGGIO ROSSO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 19,903 (▼ 31% vs 2023). filed late Source: NBB ↗
- Andy Vantomme became a director. NBB
- Frankie Hemelaere became a director. NBB
- Bernard Honoré became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,833 profit in 2021 to € 19,903 profit in 2024.
Paid € 8,709 in corporate taxes since 2021.
Best year ever: 2021, with € 41,833 profit.
Paid out € 6,700 in dividends to the owners in total.
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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
Behind FAGGIO ROSSO are Andy Vantomme, Frankie Hemelaere and Bernard Honoré.
Directors
According to the 2024 annual accounts
Andy Vantomme
Director
since 2022
Frankie Hemelaere
Director
since 2022
Bernard Honoré
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Melkmarkt 4
8870 Izegem
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
Self-hosted
Hosting
A2B, NL
Website info
Features
Security
Details
- Company number
- 0807.590.821
- VAT number
- BE 0807.590.821
- Registered office
- Melkmarkt 4, 8870 Izegem
- Names & denominations
- FAGGIO ROSSO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 2008
- Peppol
- Active · Active since 9 Dec 2025
- Contact
- faggio-rosso.be
- Activities · NACE
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