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Belgian Feed Association

Active
Non-profit associationfounded 194481 yrs activeGasthuisstraat 29, 1000 Brussel, BelgiumKBO/BCE: BE 0409.022.967
Summary

Belgian Feed Association has been active since 1944 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €16,701. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 30% of 730 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
Belgian Feed AssociationActiveChecked score 92/100
Risk analysis ReportCompare

Overview

Activity
Activities of professional membership organisations
NACE 94120Libraries, archives, museums and other cultural activities NACE 91120Activities of business and employers' organisations NACE 94110
1 site
Size
€5.0mtotal assets 2025
Staff
9.4 FTE
Equity
€2.1m
Profit
€16,701
Financial health
92 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Board
6 members
Accounts 80 d early3 of 55 deeds read
Why 92+ Legal form Non-profit association+ Sector Activities of membership organisations (NACE 94)+ Liquidity: current ratio 1.70, cash €998,016+ Figures for FY 2025 (filed 14-05-2026)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Better than 38% of its sector peers (NACE 94, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 66-1
equity 40.9% of total assets
Liquidity 56+10
short-term debt 40.8% · cash 19.9%
Profitability 69-1
return on assets 0.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (1,217 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● 0.0% vs 11-2024lowest value 01-2025: < 0.1%● 0.0% vs 12-2024lowest value 02-2025: < 0.1%● 0.0% vs 01-2025lowest value 03-2025: < 0.1%▲ +10.0% vs 02-2025 04-2025: < 0.1%● 0.0% vs 03-2025 05-2025: < 0.1%● 0.0% vs 04-2025 06-2025: < 0.1%▲ +9.1% vs 05-2025 07-2025: < 0.1%● 0.0% vs 06-2025 08-2025: < 0.1%● 0.0% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%▲ +8.3% vs 02-2026 04-2026: < 0.1%● 0.0% vs 03-2026 05-2026: < 0.1%▲ +7.7% vs 04-2026highest value 06-2026: < 0.1%▼ -28.6% vs 05-2026lowest value 07-2026: < 0.1%● 0.0% vs 06-2026lowest value 08-2026: < 0.1%● 0.0% vs 07-2026lowest value 09-2026: < 0.1%● 0.0% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value
  • Legal form Non-profit association lowers the probability
  • Sector Activities of membership organisations (NACE 94) lowers the probability
  • Liquidity: current ratio 1.70, cash €998,016 lowers the probability
  • Figures for FY 2025 (filed 14-05-2026) lowers the probability
Credit up to €180,000 at 30 days acceptable
Liquidity ample (current ratio 1.7 against 2.01 in 2024; short-term debt: 40.8% and cash: 19.9% of total assets), but 59.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 94, micro). Better than this share of them on solvency 29%, liquidity 23%, profitability 56%, growth against the median 43%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Sector Activities of membership organisations (NACE 94)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 1.70, cash €998,016
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 14-05-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-05-2026, 80 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
80 d early
2024
71 d early
2023
78 d early
2022
69 d early
2021
69 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 73 days before the deadline; the sector median for financial year 2024 is 29 days before the deadline, and 25% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Appointment: Tom Schiettecat (day-to-day manager)Resignation: Katrien D'hooghe (day-to-day manager)
  2. Resignations: Bruno Jacobs (director) and Stéphanie…Appointment: Paul Damen (director) ·…
  3. Annual accounts filedfiscal year 2025 · full…

Key points

  • Board changedlatest change 31-08-2026 · 6 in office 7 joined · 3 left View
  • Positive: 8 profitable years in a rowprofit 2025: €16,701 8 years View
  • Active since 1944founded 07-10-1944 81 years View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€5.0m
Profit
€16,701
Solvency
40.9%
Total assets▲ 3.0%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2019
Next accounts
by 31-07-2027
  1. 02-10-2026Appointment: Tom Schiettecat (day-to-day manager)
  2. 17-06-2026Resignations: Bruno Jacobs (director) and Stéphanie Huys…
  3. 12-05-2026Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Activities of professional membership organisationsNACE 94120
Founded
07-10-1944
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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