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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Busy address KBO
37 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
FETBEL from Vorst, company number BE0890031814, closed financial year 2025 with a result of € 136,544 after tax. For that financial year FETBEL recorded a gross margin of € -30,918 and equity of € 28.8 million. Compared with financial year 2024, the result moved from € 339,302 to € 136,544. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 28.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 136,544
▼ 60% vs 2024
Profit after tax over the fiscal year.
€ 226,264
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 13.9 million.
Debts at end 2025
€ 257,038
▼ 32% vs 2024
Loans from banks and other lenders, long and short.
€ 4,194
▲ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,742
▼ 43% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -27,694 | € -30,895 | € -27,893 | € -30,918 | ▼ € 3,025 |
| Profit after taxes | € 115,347 | € 840,899 | € 339,302 | € 136,544 | ▼ 60% |
| Equity | € 27,686,718 | € 28,277,616 | € 28,616,918 | € 28,753,463 | |
| Total debts | € 2,882,840 | € 17,705 | € 409,737 | € 275,974 | ▼ 33% |
| Cash | € 1,358,332 | € 744,223 | € 608,622 | € 226,264 | ▼ 63% |
| Retained profit | € 12,787,518 | € 13,378,416 | € 13,717,718 | € 13,854,263 | ▲ 1% |
| Dividend | € 0 | € 250,000 | € 0 | € 0 | |
| Bank debt | € 2,857,435 | € 600 | € 378,628 | € 257,038 | ▼ 32% |
| Balance sheet total | € 30,569,557 | € 28,295,321 | € 29,026,656 | € 29,029,436 |
Key figures of FETBEL, 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 FETBEL?
What happened at FETBEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 136,544 (▼ 60% vs 2024). filed late Source: NBB ↗
- Thierry HERMANS became a director. NBB
- Carlos HENRIQUES DA SILVA became a director. NBB
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 115,347 profit in 2022 to € 136,544 profit in 2025.
Paid € 448,847 in corporate taxes since 2022.
Best year ever: 2023, with € 840,899 profit.
Paid out € 250,000 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 FETBEL are Thierry HERMANS and Carlos HENRIQUES DA SILVA. It owns 100% of Stacey Trovato Unipessoal LDA, 90% of Position Glamour LDA and 81.5% of Letras Deslumbrantes LDA itself.
Directors
According to the 2025 annual accounts
Thierry HERMANS
Director
Also active at: RICHELLE SERVICES, ANDE FINANCE, CAVITALON BELGIQUE, DFSJ, CENTRAL POINT SERVICES, EU CAPITAL INVESTMENT, BELGIAN INVESTMENT HOLDING
since 2017
Carlos HENRIQUES DA SILVA
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Van Volxemlaan 302-304
1190 Vorst
Delleurlaan 18
1170 Watermaal-Bosvoorde
Active since 13 June 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 37 companies are registered at this address.
All companies at this address →KAOLA
€ -12,612 gross margin · 2025
SCHUITEN COPYRIGHT
€ 290,265 gross margin · 2025
WILDEWOUD
€ -5,970 gross margin · 2024
Libra - Tax & Accountancy - Brussels
€ 543,473 gross margin · 2025
Simon Nagel Fine Art
€ -31,487 gross margin · 2025
+32 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
- 0890.031.814
- VAT number
- BE 0890.031.814
- Registered office
- Van Volxemlaan 302-304, 1190 Vorst
- Names & denominations
- FETBEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 2007
- Peppol
- Not registered