F.A.E. Consulting
ActiveSummary
F.A.E. Consulting has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €229,939. Equity is growing by ~25.3% per year across the filed fiscal years. Its solvency ranks better than 64% of 1008 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+3
Solvency77▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95,000 at 30 days acceptable
Liquidity ample (current ratio 2.71 against 1.96 in 2024; short-term debt: 12.9% and cash: 1.3% of total assets), and 48% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52%
Return on assets
9.9%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-05-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
28 d late
2023
7 d late
2022
1 d early
2021
2 d late
2020
19 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 8 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€229,939▲ 38.2%
2024 · €166,344
Working capital
€513,000▲ 24.3%
2024 · €412,801
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€248,720▲ 154%€186,863▼ 24.9%€267,794▲ 43.3%€222,211▼ 17.0%€315,922▲ 42.2%
Net result€179,513within the sector's middle half▲ 206%€137,941within the sector's middle half▼ 23.2%€196,500within the sector's middle half▲ 42.5%€166,344within the sector's middle half▼ 15.3%€229,939within the sector's middle half▲ 38.2%
Equity€566,811above the sector's middle half▲ 46.4%€704,752above the sector's middle half▲ 24.3%€806,553above the sector's middle half▲ 14.4%€972,897above the sector's middle half▲ 20.6%€1.2mabove the sector's middle half▲ 23.6%
Total assets€1.5mwithin the sector's middle half▲ 18.6%€1.9mwithin the sector's middle half▲ 26.4%€2.5mabove the sector's middle half▲ 33.3%€2.3mabove the sector's middle half▼ 5.3%€2.3mwithin the sector's middle half▼ 0.9%
Debt€897,178▲ 6.0%€1.1m▲ 27.7%€1.7m▲ 44.9%€1.4m▼ 18.0%€1.1m▼ 18.4%
Working capital€215,615within the sector's middle half▲ 28.6%€295,190within the sector's middle half▲ 36.9%€341,716within the sector's middle half▲ 15.8%€412,801above the sector's middle half▲ 20.8%€513,000above the sector's middle half▲ 24.3%
Solvency38.7%within the sector's middle half▲ 7.3pp38.1%within the sector's middle half▼ 0.6pp32.7%within the sector's middle half▼ 5.4pp41.7%within the sector's middle half▲ 9.0pp52.0%within the sector's middle half▲ 10.3pp
Current ratio1.64within the sector's middle half▼ 0.271.96within the sector's middle half▲ 0.321.55within the sector's middle half▼ 0.411.96within the sector's middle half▲ 0.412.71above the sector's middle half▲ 0.75
Return on assets (ROA)12.3%within the sector's middle half▲ 7.5pp7.5%within the sector's middle half▼ 4.8pp8.0%within the sector's middle half▲ 0.5pp7.1%within the sector's middle half▼ 0.8pp9.9%within the sector's middle half▲ 2.8pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2021 Net result +206% on 2020. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 42% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets
€1.5m ▲ 0.5%
Current assets
€812,612 ▼ 3.4%
Equity and liabilities €2.3m
Equity
€1.2m ▲ 23.6%
Debt
€1.1m ▼ 18.4%
Debt's share of the balance-sheet total falls from 58.3% to 48.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€396,905▲
2024 · €294,855
Cash flow
€310,922▲
2024 · €238,988
Debt to equity
0.92▼
2024 · 1.40
ROE
19.1%▲
2024 · 17.1%
Interest coverage
17.90▲
2024 · 11.37
Debt ≤ 1 year
€299,613▼
2024 · €428,295
Debt > 1 year
€812,141▼
2024 · €932,972
Income taxes
€111,620▲
2024 · €69,937
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,900 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €62,416 | €92,075 | €67,774 | €72,644 | €80,983 | ▲ 11.5% |
| Other operating charges640/8 | €5,024 | €25,300 | €39,092 | €35,279 | €22,657 | ▼ 35.8% |
| Non-recurring operating charges66A | - | - | - | - | €26 | - |
| Gross operating margin9900 | €316,160 | €304,239 | €374,659 | €330,134 | €419,588 | ▲ 27.1% |
| Operating profit (loss)9901 | €248,720 | €186,863 | €267,794 | €222,211 | €315,922 | ▲ 42.2% |
| Financial income75/76B | €21,578 | €23,119 | €31,106 | €40,011 | €47,811 | ▲ 19.5% |
| Recurring financial income75 | €21,578 | €23,119 | €31,106 | €40,011 | €47,811 | ▲ 19.5% |
| Financial charges65/66B | €16,911 | €19,884 | €25,236 | €25,940 | €22,174 | ▼ 14.5% |
| Recurring financial charges65 | €16,911 | €19,884 | €25,236 | €25,940 | €22,174 | ▼ 14.5% |
| Profit (loss) for the period before taxes9903 | €253,387 | €190,099 | €273,664 | €236,282 | €341,559 | ▲ 44.6% |
| Income taxes67/77 | €73,874 | €52,158 | €77,164 | €69,937 | €111,620 | ▲ 59.6% |
| Profit (loss) for the period9904 | €179,513 | €137,941 | €196,500 | €166,344 | €229,939 | ▲ 38.2% |
| Transfer to tax-exempt reserves689 | €84,200 | €67,360 | €96,830 | €79,990 | €92,620 | ▲ 15.8% |
| Profit (loss) for the period to be appropriated9905 | €95,313 | €70,581 | €99,670 | €86,354 | €137,319 | ▲ 59.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.9m | €2.5m | €2.3m | €2.3m | ▼ 0.9% |
| Fixed assets21/28 | €912,836 | €1.2m | €1.5m | €1.5m | €1.5m | ▲ 0.5% |
| Tangible fixed assets22/27 | €397,932 | €732,534 | €918,518 | €903,889 | €912,073 | ▲ 0.9% |
| Land and buildings22 | €389,450 | €625,360 | €574,021 | €523,637 | €832,782 | ▲ 59.0% |
| Plant, machinery and equipment23 | €1,070 | €2,368 | €1,071 | €99 | - | - |
| Furniture and vehicles24 | €7,412 | €14,515 | €87,602 | €66,314 | €79,291 | ▲ 19.6% |
| Assets under construction and advance payments27 | - | €90,291 | €255,824 | €313,839 | - | - |
| Financial fixed assets28 | €514,904 | €514,904 | €589,904 | €589,904 | €589,904 | = |
| Current assets29/58 | €551,153 | €602,719 | €958,149 | €841,096 | €812,612 | ▼ 3.4% |
| Amounts receivable after more than one year29 | €293,000 | €336,000 | €486,000 | €486,000 | €486,000 | = |
| Other amounts receivable291 | €293,000 | €336,000 | €486,000 | €486,000 | €486,000 | = |
| Amounts receivable within one year40/41 | €161,015 | €169,876 | €343,515 | €232,548 | €274,713 | ▲ 18.1% |
| Trade receivables40 | €140,896 | €131,747 | €322,900 | €154,651 | €57,927 | ▼ 62.5% |
| Other amounts receivable41 | €20,119 | €38,129 | €20,615 | €77,897 | €216,786 | ▲ 178% |
| Current investments50/53 | €2,500 | €2,500 | €2,500 | €12,500 | €3,584 | ▼ 71.3% |
| Cash at bank and in hand54/58 | €83,774 | €72,818 | €106,415 | €82,858 | €29,657 | ▼ 64.2% |
| Deferred charges and accrued income490/1 | €10,864 | €21,525 | €19,718 | €27,190 | €18,658 | ▼ 31.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.9m | €2.5m | €2.3m | €2.3m | ▼ 0.9% |
| Equity10/15 | €566,811 | €704,752 | €806,553 | €972,897 | €1.2m | ▲ 23.6% |
| Contributions10/11 | €49,600 | €49,600 | €49,600 | €49,600 | €49,600 | = |
| Reserves13 | €516,801 | €654,743 | €756,543 | €922,887 | €1.2m | ▲ 25.0% |
| Non-distributable reserves130/1 | €7,440 | €7,440 | €7,440 | €7,440 | €7,440 | = |
| Reserves not available under the articles1311 | €7,440 | €7,440 | €7,440 | €7,440 | €7,440 | = |
| Tax-exempt reserves132 | €121,700 | €189,060 | €285,890 | €365,880 | €374,300 | ▲ 2.3% |
| Distributable reserves133 | €387,661 | €458,243 | €463,213 | €549,567 | €771,496 | ▲ 40.4% |
| Profit (loss) carried forward14 | €410 | €410 | €410 | €410 | - | - |
| Amounts payable17/49 | €897,178 | €1.1m | €1.7m | €1.4m | €1.1m | ▼ 18.4% |
| Amounts payable after more than one year17 | €561,382 | €837,224 | €1.0m | €932,972 | €812,141 | ▼ 13.0% |
| Financial debts170/4 | €561,382 | €837,224 | €1.0m | €932,972 | €812,141 | ▼ 13.0% |
| Amounts payable within one year42/48 | €335,538 | €307,529 | €616,433 | €428,295 | €299,613 | ▼ 30.0% |
| Current portion of amounts payable after more than one year42 | €169,865 | €161,969 | €194,605 | €206,860 | €210,794 | ▲ 1.9% |
| Trade debts44 | €25,759 | €79,713 | €256,448 | €161,786 | €6,382 | ▼ 96.1% |
| Suppliers440/4 | €25,759 | €79,713 | €256,448 | €161,786 | €6,382 | ▼ 96.1% |
| Advances received on contracts in progress46 | €87,949 | - | €11,788 | - | - | - |
| Taxes, remuneration and social security45 | €31,015 | €43,776 | €38,892 | €39,649 | €62,436 | ▲ 57.5% |
| Taxes450/3 | €31,015 | €43,776 | €38,892 | €39,649 | €62,436 | ▲ 57.5% |
| Other amounts payable47/48 | €20,950 | €22,072 | €114,700 | €20,000 | €20,000 | = |
| Accrued charges and deferred income492/3 | €258 | €651 | €651 | €726 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €179,513 | €137,941 | €196,500 | €166,344 | €229,939 | ▲ 38.2% |
| + Depreciation and write-downs630 | €62,416 | €92,075 | €67,774 | €72,644 | €80,983 | ▲ 11.5% |
| Operating cash flow (approximation) | €241,929 | €230,016 | €264,274 | €238,988 | €310,922 | ▲ 30.1% |
| Investment in fixed assets (approximation) | - | -€426,677 | -€328,757 | -€58,016 | -€89,167 | ▼ 53.7% |
| Change in cash | - | -€10,956 | €33,598 | -€23,558 | -€53,201 | ▼ 126% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 30 days late
2025
14-10
State Gazette act
General meeting · Share cancellation
Capital increase · Director resignation
14-10
State Gazette act
General meeting · Board meeting
Share cancellation · Capital increase · Peter VAN MELKEBEKE
30-09
Financial
Highest result since 2018net €229,939 ▲38.2%
Operating result €315,922, net result €229,939, both a record.
30-09
Financial
Equity above €1mEq €1.2m ▲23.6%
8 profitable years in a row build equity to €1.2m.
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
07-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 7 days late
15-01
State Gazette act
General meeting · Shareholder withdrawal
Share cancellation · Capital increase · Peter VAN MELKEBEKE
15-01
State Gazette act
General meeting · Share cancellation
Capital increase · Share issue
2023
29-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 2 days late
2021
30-09
Financial
Equity above €500,000Eq €566,811 ▲46.4%
4 profitable years in a row build equity to €566,811.
Show earlier events
19-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
30-09
Financial
Weakest financial yearnet €58,575 ▼42.2%
Net result drops to €58,575, the lowest in the series; recovery starts the following year.
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
03-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 3 days late
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2006
Ground area
1,153 m²
Building footprint
194 m²
Volume, LiDAR
1,256 m³
Parcel 92120B0048/00E000, Wallonia · tallest building 16.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
F.A.E. Consulting
since 20062.157.895.058
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92120B0048/00E000 | Wallonia | 1,153 m² | 1 · 194 m² | 16.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 4,098 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded15-09-2006
Fiscal year end30-09
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
70200Business and other management consultancy
Contact
E-mail
fabrice.grognard@bdo.beNamur
Phone
081/51.26.07Namur
Fax
081/51.26.07Namur
E-invoicing
Reachable via Peppol
Peppol ID
0208:0883532319
Also
9925:BE0883532319
Registered
11-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.