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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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FAIMINE from Faimes, company number BE0894535186, closed financial year 2025 with a result of € -561,839 after tax. For that financial year FAIMINE recorded revenue of € 9 million and equity of € 47,024. Compared with financial year 2024, the result moved from € -94,591 to € -561,839. The company made a loss. The buffer shrank hard: equity is 92 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2026.
€ 47,024
▼ 92% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -561,839
▼ 494 % more loss than in 2024
Profit after tax over the fiscal year.
€ 113,811
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -52,976.
People and assets in 2025
20.5
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 661,201
▲ 9% vs 2024
€ 32,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 99,066
▼ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 663,755
▲ 2% vs 2024
€ 226,878 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 801,793
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 70,460
▲ 10% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 10,667,091 | € 11,620,130 | € 11,771,364 | € 8,985,134 | ▼ 24% |
| Gross margin | € 909,288 | € 1,101,537 | € 905,065 | € 450,519 | ▼ 50% |
| Profit after taxes | € -94,148 | € 30,776 | € -94,591 | € -561,839 | ▼ € 467,247 |
| Equity | € 672,678 | € 703,455 | € 608,863 | € 47,024 | ▼ 92% |
| Total debts | € 2,156,271 | € 1,937,361 | € 1,950,725 | € 1,750,387 | ▼ 10% |
| Cash | € 561,118 | € 475,389 | € 385,829 | € 113,811 | ▼ 71% |
| Land & buildings | € 787,756 | € 674,569 | € 594,765 | € 487,704 | ▼ 18% |
| Retained profit | € 572,678 | € 603,455 | € 508,863 | € -52,976 | ▼ € 561,839 |
| Bank debt | € 1,038,619 | € 822,447 | € 649,886 | € 663,755 | ▲ 2% |
| Balance sheet total | € 2,828,949 | € 2,640,815 | € 2,559,588 | € 1,797,412 | ▼ 30% |
| Employees (FTE) | 18.5 | 20 | 18.5 | 20.5 | ▲ 2 |
Key figures of FAIMINE, 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 FAIMINE?
What happened at FAIMINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 561,839. filed late Source: NBB ↗
- FAIMIBIS became a director. NBB
- New establishment in Faimes. KBO
- Start of the company according to the CBE. KBO
In short
From € 94,148 loss in 2022 to € 561,839 loss in 2025.
Paid € 12,664 in corporate taxes since 2022.
Best year ever: 2023, with € 30,776 profit.
On average € 22,000 of value added per employee in 2025.
Management
Behind FAIMINE is FAIMIBIS. The shares are held by FAIMIBIS (99.8%), ITM BELGIUM (0%) and GEOFFREY VAN DE VELDE (0%).
Directors
According to the 2025 annual accounts
Managing director · represented by Geoffrey VAN DE VELDE
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Huy 27
4317 Faimes
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0894.535.186
- VAT number
- BE 0894.535.186
- Registered office
- Rue de Huy 27, 4317 Faimes
- Names & denominations
- FAIMINE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2007
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in kranten en andere tijdschriften
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte = 2500 m²)
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)