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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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
F2H from Sint-Lambrechts-Woluwe, company number BE0832677593, closed financial year 2025 with a result of € -37,357 after tax. For that financial year F2H recorded a gross margin of € 89,029 and equity of € 66,907. Compared with financial year 2024, the result moved from € 62,666 to € -37,357. The company made a loss. The buffer shrank hard: equity is 62 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 66,907
▼ 62% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,357
▼ still € 62,666 profit in 2024
Profit after tax over the fiscal year.
€ 9,097
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 60,707.
People and assets in 2025
€ 26,553
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 18,233
▼ 58% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 543,824
▲ € 539,155 vs 2024
€ 49,739 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 1,910
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,168
▲ 9% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 88,197 | € 61,251 | € 117,468 | € 89,029 | ▼ 24% |
| Profit after taxes | € 55,949 | € 25,782 | € 62,666 | € -37,357 | ▼ € 100,022 |
| Equity | € 139,644 | € 165,426 | € 174,657 | € 66,907 | ▼ 62% |
| Total debts | € 41,882 | € 50,170 | € 95,920 | € 649,173 | ▲ € 553,253 |
| Cash | € 71,397 | € 65,544 | € 101,203 | € 9,097 | ▼ 91% |
| Land & buildings | - | - | - | € 537,157 | |
| Retained profit | € 133,444 | € 159,226 | € 168,457 | € 60,707 | ▼ 64% |
| Dividend | € 0 | € 0 | € 53,435 | € 70,393 | ▲ 32% |
| Bank debt | € 12,545 | € 27,191 | € 4,669 | € 543,824 | ▲ € 539,155 |
| Balance sheet total | € 181,527 | € 215,596 | € 270,577 | € 716,080 | ▲ 165% |
Key figures of F2H, 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 F2H?
What happened at F2H in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 37,357 (▼ € 100,022 vs 2024). filed late Source: NBB ↗
- Thierry VAN BOECKEL became a director. NBB
- New establishment in Sint-Lambrechts-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,949 profit in 2022 to € 37,357 loss in 2025.
Paid € 66,481 in corporate taxes since 2022.
Best year ever: 2024, with € 62,666 profit.
Paid out € 123,828 in dividends to the owners in total.
Management
Behind F2H is Thierry VAN BOECKEL. Thierry VAN BOECKEL is also behind FONDATION PORTRAY pour l’après-parent.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Vervloesemstraat 56
1200 Sint-Lambrechts-Woluwe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0832.677.593
- VAT number
- BE 0832.677.593
- Registered office
- Vervloesemstraat 56, 1200 Sint-Lambrechts-Woluwe
- Names & denominations
- F2H
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 2011
- Peppol
- Active · Active since 11 Dec 2025
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