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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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
IFAST from Roeselare, company number BE0842279704, closed financial year 2025 with a result of € -163,234 after tax. For that financial year IFAST recorded a gross margin of € -49,638 and equity of € 333,722. Compared with financial year 2024, the result moved from € -41,637 to € -163,234. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 333,722
▼ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -163,234
▼ 292 % more loss than in 2024
Profit after tax over the fiscal year.
€ 235,811
▲ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.3 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 14,998
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 95,790 | € 100,470 | € 119,443 | € -49,638 | ▼ € 169,081 |
| Profit after taxes | € -154,208 | € -90,419 | € -41,637 | € -163,234 | ▼ € 121,597 |
| Equity | € 629,013 | € 538,594 | € 496,957 | € 333,722 | ▼ 33% |
| Total debts | € 157,166 | € 156,366 | € 104,235 | € 104,235 | |
| Cash | € 160,644 | € 71,060 | € 137,762 | € 235,811 | ▲ 71% |
| Retained profit | € -2,031,489 | € -2,121,908 | € -2,163,545 | € -2,326,779 | ▼ € 163,234 |
| Bank debt | € 51,500 | € 51,500 | € 0 | € 0 | |
| Balance sheet total | € 786,178 | € 694,960 | € 601,191 | € 437,957 | ▼ 27% |
Key figures of IFAST, 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 IFAST?
What happened at IFAST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ANDREAS DE GROEN stepped down as director. NBB
- ILSE SIENART stepped down as director. NBB
- DE VERWONDERING BV stepped down as director. NBB
- B.C.B. NV stepped down as director. NBB
- SILESAM NV stepped down as director. NBB
- MICHEL MOORTGAT stepped down as director. NBB
- Anbem BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 163,234. Source: NBB ↗
In short
From € 154,208 loss in 2022 to € 163,234 loss in 2025.
Management
The stake of DUVEL MOORTGAT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IFASTThe shares are held by DUVEL MOORTGAT (25%).
Directors
According to the 2025 annual accounts
ANDREAS DE GROEN
Managing director
since 2022 · until 2028
since 2022 · until 2028
since 2022 · until 2028
Director · represented by WILLEM VAN HERREWEGHEN
since 2022 · until 2028
Director · represented by PATRICK MASELIS
Also active at: MASELIS, KAAI 22, Agrobra, LOMAT, ALIDIS, MNF INVEST
since 2022 · until 2028
MICHEL MOORTGAT
Director
Also active at: DUVEL MOORTGAT, LOTUS BAKERIES, Brouwerij De Valk, ANTWERP CITY BREWERY, Moortgat Financial Services, BRASSERIE D'ACHOUFFE, PARALLEL, Moortgat Consumer Services +11 more
since 2022 · until 2028
Director · represented by August De Coninck
since 2021 · until 2027
Shareholders
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kaaistraat 19
8800 Roeselare
Koutergat 2
1760 Roosdaal
Active since 20 December 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →MASELIS same network
€ 169.3 million revenue · 2025
KAAI 22 same network
€ -645,275 gross margin · 2025
Agrobra same network
€ 64,631 gross margin · 2025
LOMAT same network
€ 2.1 million gross margin · 2025
ROLLARIUS INVEST
€ 265,913 gross margin · 2025
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0842.279.704
- VAT number
- BE 0842.279.704
- Registered office
- Kaaistraat 19, 8800 Roeselare
- Names & denominations
- IFAST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 2011
- Peppol
- Active · Active since 17 Jan 2026
- Activities · NACE
Speur- en ontwikkelingswerk op biotechnologisch gebied
Groothandel in chemische producten voor industrieel gebruik
Vervaardiging van andere organische chemische basisproducten