FEA INTERNATIONAL
ActiveFEA INTERNATIONAL has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €7k. Equity is growing by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 33% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▲+5
Solvency44▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.25 in 2024; short-term debt: 51.9% and cash: 1.6% of total assets), and 81.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
18.8%
Return on assets
2.7%
Age of the figures
9 mo
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 03-03-2026, 150 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
150 d early
2024
37 d early
2023
103 d early
2022
21 d late
2021
12 d early
2020
31 d late
2019
61 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▲ 16.4%
2024 · €41k
2019: €-5k
2020: €18k
2021: €22k
2022: €33k
2023: €40k
2024: €41k
2019 → 2025
Total assets
€251k▲ 41.9%
2024 · €177k
2019: €22k
2020: €50k
2021: €53k
2022: €132k
2023: €138k
2024: €177k
2019 → 2025
Net result
€7k▲ 1,954%
2024 · €324
2019: €-12k
2020: €24k
2021: €4k
2022: €11k
2023: €7k
2024: €324
2019 → 2025
Working capital
€17k▼ 47.9%
2024 · €33k
2019: €-7k
2020: €15k
2021: €15k
2022: €29k
2023: €34k
2024: €33k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€33k▲ 49.4%€40k▲ 21.3%€41k▲ 0.8%€47k▲ 16.4%
Operating result€6k-€16k▲ 191%€17k▲ 3.6%€11k▼ 36.8%€18k▲ 69.1%
Net result€4k-€11k▲ 160%€7k▼ 35.6%€324▼ 95.4%€7k▲ 1,954%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 69% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €251k
Fixed assets
€104k▲ 635%
Current assets
€147k▼ 9.6%
Equity and liabilities €251k
Equity
€47k▲ 16.4%
Debt
€204k▲ 49.5%
The debt ratio rises from 77.1% to 81.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€25k▲
2024 · €18k
Cash flow
€14k▲
2024 · €7k
Solvency
18.8%▼
2024 · 22.9%
Current ratio
1.13▼
2024 · 1.25
Quick ratio
0.75▼
2024 · 0.79
Debt / equity
4.31▲
2024 · 3.36
ROE
14.1%▲
2024 · 0.8%
ROA
2.7%▲
2024 · 0.2%
Interest coverage
2.19▲
2024 · 1.93
Debt
€204k▲
2024 · €136k
Debt ≤ 1 year
€130k▲
2024 · €130k
Debt > 1 year
€74k▲
2024 · €6k
Income taxes
€1k▼
2024 · €2k
Staff costs
€11k▲
2024 · €593
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€177k€251k▲
Fixed assets21/28€14k€104k▲
Tangible fixed assets22/27€14k€103k▲
Land and buildings22-€97k
Plant, machinery and equipment23€11k€5k▼
Furniture and vehicles24€860€277▼
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€480€480=
Current assets29/58€163k€147k▼
Stocks and contracts in progress3€60k€50k▼
Stocks30/36€60k€50k▼
Amounts receivable within one year40/41€94k€90k▼
Trade receivables40€33k€46k▲
Other amounts receivable41€61k€44k▼
Cash at bank and in hand54/58€6k€4k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€177k€251k▲
Equity10/15€41k€47k▲
Contributions10/11€6k€6k=
Reserves13€34k€41k▲
Distributable reserves133€34k€41k▲
Amounts payable17/49€136k€204k▲
Amounts payable after more than one year17€6k€74k▲
Financial debts170/4€6k€74k▲
Amounts payable within one year42/48€130k€130k▲
Current portion of amounts payable after more than one year42€7k€10k▲
Financial debts43€75k€75k=
Credit institutions430/8€75k€75k=
Trade debts44€43k€37k▼
Suppliers440/4€43k€37k▼
Taxes, remuneration and social security45€5k€9k▲
Taxes450/3€5k€8k▲
Remuneration and social security454/9-€995
Income statement
Code20242025
Remuneration, social security and pensions62€593€11k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€565€749▲
Gross operating margin9900€19k€37k▲
Operating profit (loss)9901€11k€18k▲
Financial income75/76B€569€1k▲
Recurring financial income75€569€1k▲
Financial charges65/66B€9k€12k▲
Recurring financial charges65€9k€12k▲
Profit (loss) for the period before taxes9903€2k€8k▲
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€324€7k▲
Profit (loss) for the period to be appropriated9905€324€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€324€7k▲
Transfer to equity691/2€324€7k▲
To other reserves6921€324€7k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.60
Current ratio from 0.75 to 1.60; short-term debt falls from €27k to €25k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-01-2020
Resigned as Manager
Location & real-estate footprint
Registered office, Maldegem · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Krommewege 32A59990 MaldegemGround area
1.4 ha
Building footprint
3,703 m²
Volume, LiDAR
2,635 m³
Parcel 43010C1354/00E000, Flanders · tallest building 9.2 m. Linked by address, not a title deed.
1 establishment unit
FEA International
since 20192.287.737.476
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43010C1354/00E000 | Flanders | 1.4 ha | 1 · 3,703 m² | 9.2 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 49,209 EUR awarded · 16,678 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 248 EUR | 248 EUR |
| 2024 | 1 | 297 EUR | 297 EUR |
| 2023 | 4 | 42,360 EUR | 15,548 EUR |
| 2022 | 2 | 6,304 EUR | 585 EUR |
Schemes
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidies voor internationaal ondernemen
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 471 companies in sector 46442 we hold annual accounts for 334. 187 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-2019
Fiscal year end31-12
Activities, NACEBEL
28130Manufacture of machinery and equipment not elsewhere classified
46442Wholesale trade
28250Manufacture of machinery and equipment not elsewhere classified
47783Retail trade
47910Intermediation services for non-specialised retail
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.