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 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FADAH from Zwevegem, company number BE0866478135, closed financial year 2025 with a result of € -39,396 after tax. For that financial year FADAH recorded a gross margin of € 3,891 and equity of € 10,603. Compared with financial year 2024, the result moved from € 4,151 to € -39,396. The company made a loss. The buffer shrank hard: equity is 79 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 27, 2026.
€ 10,603
▼ 79% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -39,396
▼ still € 4,151 profit in 2024
Profit after tax over the fiscal year.
€ 3,048
▲ € 2,592 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7,997.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 21,849
▼ 13% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 38,588
▲ € 35,603 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 38,328
▲ € 35,279 vs 2024
€ 7,672 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 12,233
▲ € 11,039 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,253
▲ 48% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 41,042 | € 79,917 | € 39,877 | € 3,891 | ▼ 90% |
| Profit after taxes | € 12,793 | € 31,726 | € 4,151 | € -39,396 | ▼ € 43,547 |
| Equity | € 14,121 | € 45,847 | € 49,998 | € 10,603 | ▼ 79% |
| Total debts | € 39,010 | € 25,431 | € 11,857 | € 61,814 | ▲ € 49,957 |
| Cash | € 6,887 | € 21,434 | € 457 | € 3,048 | ▲ € 2,592 |
| Land & buildings | € 10,557 | € 9,467 | € 11,372 | € 9,982 | ▼ 12% |
| Retained profit | € -4,479 | € 27,247 | € 31,398 | € -7,997 | ▼ € 39,396 |
| Bank debt | € 21,955 | € 11,167 | € 3,049 | € 38,328 | ▲ € 35,279 |
| Balance sheet total | € 53,131 | € 71,278 | € 61,855 | € 72,417 | ▲ 17% |
Key figures of FADAH, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to FADAH?
What happened at FADAH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 39,396 (▼ € 43,547 vs 2024). Source: NBB ↗
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,793 profit in 2022 to € 39,396 loss in 2025.
Paid € 19,297 in corporate taxes since 2022.
Best year ever: 2023, with € 31,726 profit.
Management
Behind FADAH is Man CHOY HAU.
Directors
According to the 2025 annual accounts
Man CHOY HAU
Director
Establishments
Establishment units
Physical locations of this company
Deerlijkstraat(Z) 6
8550 Zwevegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0866.478.135
- VAT number
- BE 0866.478.135
- Registered office
- Deerlijkstraat(Z) 6, 8550 Zwevegem
- Names & denominations
- FADAH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 July 2004
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening
Uitzendkoks en verzorgen van feesten en recepties
Catering van evenementen