FEA
Annual accounts 2025
micro format, filed on 08-06-2026, 53 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €49,000. Estimated: probably between €24,000 and €82,000.
Balance sheet
balance sheet total €36,607 on 31-12-2025in euro
in euro
Position in the sector
43.5%
Higher than 52% of 15,428 companies in 2025.
2.09
Higher than 59% of 14,692 companies in 2025.
2.6%
Higher than 48% of 14,921 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
36,607 | 46,929 | 44,160 | 29,448 | 24,357 | 24,173 | 27,470 | 35,269 | |
20 |
- | - | - | - | 194 | 388 | 582 | 776 | |
21/28 |
1,576 | 2,271 | 2,787 | 1,040 | 1,386 | 1,615 | 375 | 20,645 | |
22/27 |
1,476 | 2,171 | 2,687 | 940 | 1,286 | 1,515 | 275 | 20,045 | |
23 |
201 | 329 | 278 | 940 | 1,286 | 1,515 | 275 | - | |
24 |
1,275 | 1,842 | 2,409 | - | - | - | - | - | |
28 |
100 | 100 | 100 | 100 | 100 | 100 | 100 | 600 | |
29/58 |
35,031 | 44,658 | 41,373 | 28,408 | 22,777 | 22,170 | 26,513 | 13,848 | |
40/41 |
31,117 | 41,751 | 35,413 | 21,614 | 20,375 | 16,531 | 22,938 | 9,975 | |
40 |
12,360 | 24,703 | 6,123 | - | - | - | 13,138 | 4,634 | |
41 |
18,757 | 17,048 | 29,290 | 21,614 | 20,375 | 16,531 | 9,800 | 5,341 | |
54/58 |
3,052 | 1,992 | 5,103 | 5,794 | 1,171 | 4,765 | 1,599 | 2,902 | |
490/1 |
862 | 915 | 857 | 1,000 | 1,231 | 874 | 1,976 | 971 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
36,607 | 46,929 | 44,160 | 29,448 | 24,357 | 24,173 | 27,470 | 35,269 | |
10/15 |
15,913 | 14,968 | 18,560 | 18,511 | 16,023 | 18,602 | 17,047 | 18,603 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
11 |
- | - | - | - | - | 18,600 | - | - | |
1109/19 |
- | - | - | - | - | 18,600 | - | - | |
14 |
-2,687 | -3,632 | -40 | -89 | -2,577 | 2 | -1,553 | 3 | |
17/49 |
20,694 | 31,961 | 25,600 | 10,937 | 8,334 | 5,571 | 10,423 | 16,666 | |
17 |
3,955 | - | - | - | - | - | - | 12,798 | |
170/4 |
3,955 | - | - | - | - | - | - | 12,798 | |
42/48 |
16,739 | 31,961 | 25,600 | 10,937 | 8,234 | 5,571 | 10,423 | 3,868 | |
42 |
3,382 | 2,658 | - | - | - | - | - | - | |
43 |
10,094 | 4,501 | - | - | - | - | - | - | |
430/8 |
10,094 | 4,501 | - | - | - | - | - | - | |
44 |
1,426 | 8,536 | 8,823 | 2,355 | 5,202 | 1,538 | 4,638 | 1,254 | |
440/4 |
1,426 | 8,536 | 8,823 | 2,355 | 5,202 | 1,538 | 4,638 | 1,254 | |
45 |
1,837 | 16,266 | 16,777 | 8,582 | 3,032 | 4,033 | 5,785 | 2,614 | |
450/3 |
1,837 | 3,398 | 7,751 | 8,578 | 3,032 | 867 | 1,845 | 1,987 | |
454/9 |
- | 12,868 | 9,026 | 4 | - | 3,166 | 3,940 | 627 | |
492/3 |
- | - | - | - | 100 | - | - | - | |
| Income statement | |||||||||
9900 |
5,672 | 8,814 | 38,115 | 11,257 | 4,004 | 26,546 | 35,976 | 19,387 | |
62 |
- | 6,072 | 19,371 | 4,693 | 2,682 | 22,587 | 13,293 | 11,552 | |
630 |
695 | 918 | 16,233 | 837 | 751 | 339 | 20,182 | 5,011 | |
640/8 |
492 | 883 | 554 | 1,020 | 1,153 | 1,465 | 1,433 | 2,297 | |
9901 |
4,485 | 941 | 1,957 | 4,707 | -582 | 2,155 | 1,068 | 527 | |
75/76B |
895 | 1,323 | 1,371 | 1,369 | 1,117 | 1,233 | 671 | 218 | |
75 |
895 | 1,323 | 1,371 | 1,369 | 1,117 | 1,233 | 671 | 218 | |
65/66B |
4,513 | 4,424 | 3,278 | 985 | 1,139 | 1,064 | 2,253 | 742 | |
65 |
4,513 | 4,424 | 3,278 | 985 | 1,139 | 1,064 | 2,253 | 742 | |
9903 |
867 | -2,160 | 50 | 5,091 | -604 | 2,324 | -514 | 3 | |
67/77 |
-78 | 1,432 | 1 | 2,603 | 1,976 | 769 | 1,042 | - | |
9904 |
945 | -3,592 | 49 | 2,488 | -2,580 | 1,555 | -1,556 | 3 | |
9905 |
945 | -3,592 | 49 | 2,488 | -2,580 | 1,555 | -1,556 | 3 | |
| Appropriation of the result | |||||||||
9906 |
-2,687 | -3,632 | -40 | -89 | -2,577 | 2 | -1,553 | 3 | |
14P |
-3,632 | -40 | -89 | -2,577 | 3 | - | - | - | |
| Social balance sheet | |||||||||
9087 |
- | 0.1 | 1 | 1 | 1 | 0.9 | - | 1 | |
Hours worked1013 |
- | 182 | 662 | 22 | 371 | 1,010 | - | 837 | |
| Document | |||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 08-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-06-2026 | 2026-00141999 | |
| 31-12-2024 | micro format | 10-06-2025 | 2025-00127049 | |
| 31-12-2023 | micro format | 10-06-2024 | 2024-00117966 | |
| 31-12-2022 | micro format | 05-06-2023 | 2023-00105931 | |
| 31-12-2021 | micro format | 28-06-2022 | 2022-20139761 | |
| 31-12-2020 | micro format | 07-06-2021 | 2021-17700310 | |
| 31-12-2019 | micro format | 08-06-2020 | 2020-15200175 | |
| 31-12-2018 | micro format | 07-06-2019 | 2019-16800047 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 5,180 | 1,859 | 18,190 | 5,544 | 169 | 2,494 | 21,250 | 5,538 | ||
| 1,640 | -2,674 | 16,282 | 3,325 | -1,829 | 1,894 | 18,626 | 5,014 | ||
| 0 | 402 | 17,980 | 491 | 522 | 1,579 | 412 | 25,656 | ||
| 1,060 | -3,111 | -691 | 4,623 | -3,594 | 3,166 | -1,303 | - | ||
| 18,292 | 12,697 | 15,773 | 17,471 | 14,543 | 16,599 | 16,090 | 9,980 | ||
| 43.5% | 31.9% | 42.0% | 62.9% | 65.8% | 77.0% | 62.1% | 52.7% | ||
| 2.09 | 1.40 | 1.62 | 2.60 | 2.77 | 3.98 | 2.54 | 3.58 | ||
| 1.30 | 2.14 | 1.38 | 0.59 | 0.52 | 0.30 | 0.61 | 0.90 | ||
| 5.9% | -24.0% | 0.3% | 13.4% | -16.1% | 8.4% | -9.1% | 0.0% | ||
| 2.6% | -7.7% | 0.1% | 8.4% | -10.6% | 6.4% | -5.7% | 0.0% | ||
| 1.15 | 0.42 | 5.55 | 5.63 | 0.15 | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | - | - | 1 | 1 |
| full-time | - | - | 1 | 1 |
| in full-time equivalents | - | - | 1 | 1 |
| 0.1 | 1 | 1 | 1 | |
| On a permanent contract | - | - | 1 | 1 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €402 | €17,980 | €491 | €522 |
| €695 | €918 | €16,233 | €837 | €751 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on FEA
The operating result for 2025 is nearly 4.8 times that of 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 68.1% to 56.5%. Equity is higher and debt is lower.