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FEBE

Active
Private limited companyfounded 2008active for 18 yearsDalialaan 5, 3191 Boortmeerbeek, BelgiumKBO/BCE: BE 0897.046.003
Summary

FEBE has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €228,339 and a net result of €6,866. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 92% of 5,625 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€228,339▲ 3.1%
2024 · €221,472
Total assets
€274,968▼ 14.5%
2024 · €321,666
Net result
€6,866▲ 329%
2024 · €1,602
Working capital
€18,846
2024 · -€1,932
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 162% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€11,700 2025 Net result€6,866 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 96, Personal service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€48,106-€84,713▲ 76.1%€77,658▼ 8.3%€99,912▲ 28.7%€45,975▼ 54.0%€25,889▼ 43.7%€4,469▼ 82.7%€11,700▲ 162%
Net result€45,585-€82,388▲ 80.7%€75,765above the sector's middle half▼ 8.0%€83,675above the sector's middle half▲ 10.4%€30,514within the sector's middle half▼ 63.5%€16,475above the sector's middle half▼ 46.0%€1,602within the sector's middle half▼ 90.3%€6,866within the sector's middle half▲ 329%
Equity-€68,946-€13,442€89,207within the sector's middle half▲ 564%€172,882within the sector's middle half▲ 93.8%€203,396within the sector's middle half▲ 17.6%€219,870above the sector's middle half▲ 8.1%€221,472above the sector's middle half▲ 0.7%€228,339above the sector's middle half▲ 3.1%
Total assets€445,016-€416,805▼ 6.3%€490,336within the sector's middle half▲ 17.6%€313,920within the sector's middle half▼ 36.0%€323,630within the sector's middle half▲ 3.1%€323,397above the sector's middle half▼ 0.1%€321,666above the sector's middle half▼ 0.5%€274,968above the sector's middle half▼ 14.5%
Debt€513,962-€403,364▼ 21.5%€401,129▼ 0.6%€141,038▼ 64.8%€117,431▼ 16.7%€100,724▼ 14.2%€97,390▼ 3.3%€43,826▼ 55.0%
Working capital€207,710--€163,993-€92,610below the sector's middle half▲ 43.5%-€48,264below the sector's middle half▲ 47.9%-€37,062below the sector's middle half▲ 23.2%-€8,483within the sector's middle half▲ 77.1%-€1,932within the sector's middle half▲ 77.2%€18,846within the sector's middle half
Solvency-15.5%-3.2%▲ 18.7pp18.2%within the sector's middle half▲ 15.0pp55.1%within the sector's middle half▲ 36.9pp62.8%above the sector's middle half▲ 7.8pp68.0%above the sector's middle half▲ 5.1pp68.9%above the sector's middle half▲ 0.9pp83.0%above the sector's middle half▲ 14.2pp
Current ratio10.03-0.55▼ 9.480.75within the sector's middle half▲ 0.200.63below the sector's middle half▼ 0.130.68below the sector's middle half▲ 0.060.92within the sector's middle half▲ 0.230.98within the sector's middle half▲ 0.061.43within the sector's middle half▲ 0.45
Return on assets (ROA)10.2%-19.8%▲ 9.5pp15.5%above the sector's middle half▼ 4.3pp26.7%above the sector's middle half▲ 11.2pp9.4%within the sector's middle half▼ 17.2pp5.1%within the sector's middle half▼ 4.3pp0.5%within the sector's middle half▼ 4.6pp2.5%within the sector's middle half▲ 2.0pp
above within below the middle half of NACE 96, Personal service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €274,968
Fixed assets €212,296 ▼ 6.1%
Current assets €62,671 ▼ 34.3%
Equity and liabilities €274,968
Equity €228,339 ▲ 3.1%
Provisions €2,803 =
Debt €43,826 ▼ 55.0%
Debt's share of the balance-sheet total falls from 30.3% to 15.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€26,741▲
2024 · €19,299
Cash flow
€21,907▲
2024 · €16,432
Debt to equity
0.19▼
2024 · 0.44
ROE
3.0%▲
2024 · 0.7%
Interest coverage
20.47▲
2024 · 11.76
Debt ≤ 1 year
€43,826▼
2024 · €97,390
Income taxes
€3,529▲
2024 · €1,226
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.1% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.7% went bankrupt
4.0% stopped otherwise
95.1% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 74.5% 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 10,905 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€321,666€274,968▼
Fixed assets21/28€226,207€212,296▼
Tangible fixed assets22/27€226,207€212,296▼
Land and buildings22€189,893€181,950▼
Plant, machinery and equipment23€23,041€21,145▼
Furniture and vehicles24€13,273€9,202▼
Current assets29/58€95,459€62,671▼
Amounts receivable within one year40/41€37,795€46,212▲
Trade receivables40€34,137€42,109▲
Other amounts receivable41€3,658€4,103▲
Cash at bank and in hand54/58€56,572€15,250▼
Deferred charges and accrued income490/1€1,091€1,209▲
Equity and liabilities
Total equity and liabilities10/49€321,666€274,968▼
Equity10/15€221,472€228,339▲
Contributions10/11€148,000€148,000=
Reserves13€18,077€24,943▲
Distributable reserves133€18,077€24,943▲
Profit (loss) carried forward14€55,396€55,396=
Provisions and deferred taxes16€2,803€2,803=
Provisions for liabilities and charges160/5€2,803€2,803=
Environmental obligations163€2,803€2,803=
Amounts payable17/49€97,390€43,826▼
Amounts payable within one year42/48€97,390€43,826▼
Trade debts44€461€1,148▲
Suppliers440/4€461€1,148▲
Other amounts payable47/48€96,929€42,678▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,830€15,041▲
Other operating charges640/8€2,001€2,082▲
Gross operating margin9900€21,300€28,823▲
Operating profit (loss)9901€4,469€11,700▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€1,640€1,306▼
Recurring financial charges65€1,640€1,306▼
Profit (loss) for the period before taxes9903€2,828€10,395▲
Income taxes67/77€1,226€3,529▲
Profit (loss) for the period9904€1,602€6,866▲
Profit (loss) for the period to be appropriated9905€1,602€6,866▲
Appropriation of the result
Profit (loss) to be appropriated9906€56,998€62,262▲
Profit (loss) brought forward from the previous period14P€55,396€55,396=
Transfer to equity691/2€1,602€6,866▲
To other reserves6921€1,602€6,866▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A----€85€11,760---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46,966€7,887€7,886€8,512€14,432€15,579€14,830€15,041▲ 1.4%
Other operating charges640/8---€2,022€1,921€2,487€2,001€2,082▲ 4.1%
Gross operating margin9900€96,988€94,750€87,729€110,445€62,328€43,954€21,300€28,823▲ 35.3%
Operating profit (loss)9901€48,106€84,713€77,658€99,912€45,975€25,889€4,469€11,700▲ 162%
Financial income75/76B-----€80-€1-
Recurring financial income75-----€80-€1-
Financial charges65/66B---€1,222€3,559€852€1,640€1,306▼ 20.4%
Recurring financial charges65€2,520€2,172€1,668€1,222€756€852€1,640€1,306▼ 20.4%
Non-recurring financial charges66B----€2,803----
Profit (loss) for the period before taxes9903€45,585€82,540€75,990€98,690€42,417€25,117€2,828€10,395▲ 268%
Income taxes67/77-€152€224€15,015€11,903€8,643€1,226€3,529▲ 188%
Profit (loss) for the period9904€45,585€82,388€75,765€83,675€30,514€16,475€1,602€6,866▲ 329%
Profit (loss) for the period to be appropriated9905€45,585€82,388€75,765€83,675€30,514€16,475€1,602€6,866▲ 329%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€445,016€416,805€490,336€313,920€323,630€323,397€321,666€274,968▼ 14.5%
Fixed assets21/28€214,314€214,540€206,654€233,430€243,362€231,288€226,207€212,296▼ 6.1%
Tangible fixed assets22/27€214,314€214,540€206,654€233,430€243,362€231,288€226,207€212,296▼ 6.1%
Land and buildings22---€199,745€196,650€192,812€189,893€181,950▼ 4.2%
Plant, machinery and equipment23---€27,982€25,402€23,532€23,041€21,145▼ 8.2%
Furniture and vehicles24---€5,703€21,311€14,945€13,273€9,202▼ 30.7%
Current assets29/58€230,702€202,266€283,682€80,491€80,267€92,109€95,459€62,671▼ 34.3%
Amounts receivable within one year40/41€62,075€25,005€52,962€42,374€64,681€58,945€37,795€46,212▲ 22.3%
Trade receivables40---€40,188€62,585€53,945€34,137€42,109▲ 23.4%
Other amounts receivable41---€2,187€2,097€5,000€3,658€4,103▲ 12.2%
Cash at bank and in hand54/58€168,122€176,353€229,866€37,128€13,894€31,023€56,572€15,250▼ 73.0%
Deferred charges and accrued income490/1---€988€1,693€2,141€1,091€1,209▲ 10.8%
Equity and liabilities
Total equity and liabilities10/49€445,016€416,805€490,336€313,920€323,630€323,397€321,666€274,968▼ 14.5%
Equity10/15-€68,946€13,442€89,207€172,882€203,396€219,870€221,472€228,339▲ 3.1%
Contributions10/11€148,000€148,000-€148,000€148,000€148,000€148,000€148,000=
Reserves13-----€16,475€18,077€24,943▲ 38.0%
Distributable reserves133-----€16,475€18,077€24,943▲ 38.0%
Profit (loss) carried forward14-€216,946-€134,558-€58,793€24,882€55,396€55,396€55,396€55,396=
Provisions and deferred taxes16----€2,803€2,803€2,803€2,803=
Provisions for liabilities and charges160/5----€2,803€2,803€2,803€2,803=
Environmental obligations163----€2,803€2,803€2,803€2,803=
Amounts payable17/49€513,962€403,364€401,129€141,038€117,431€100,724€97,390€43,826▼ 55.0%
Amounts payable after more than one year17€490,895€37,105€24,837€12,101-----
Financial debts170/4---€12,101-----
Amounts payable within one year42/48€22,992€366,259€376,292€128,755€117,329€100,592€97,390€43,826▼ 55.0%
Current portion of amounts payable after more than one year42---€12,736€12,101----
Trade debts44€9,369€9,006€10,420€17,458€1,004€1,180€461€1,148▲ 149%
Suppliers440/4---€17,458€1,004€1,180€461€1,148▲ 149%
Taxes, remuneration and social security45---€15€2,022----
Taxes450/3---€15€2,022----
Other amounts payable47/48---€98,546€102,203€99,412€96,929€42,678▼ 56.0%
Accrued charges and deferred income492/3---€183€101€132---
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€45,585€82,388€75,765€83,675€30,514€16,475€1,602€6,866▲ 329%
+ Depreciation and write-downs630€46,966€7,887€7,886€8,512€14,432€15,579€14,830€15,041▲ 1.4%
Operating cash flow (approximation)€92,551€90,275€83,651€92,187€44,946€32,053€16,432€21,907▲ 33.3%
Investment in fixed assets (approximation)--€8,113€0-€35,288-€24,365-€3,505-€9,749-€1,130▲ 88.4%
Change in cash-€8,231€53,513-€192,738-€23,234€17,130€25,549-€41,322-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 29-06-2026 2026-00221118
31-12-2024 micro format 26-06-2025 2025-00181186
31-12-2023 micro format 12-07-2024 2024-00238251
31-12-2022 abbreviated format 30-06-2023 2023-00178335
31-12-2021 abbreviated format 30-06-2022 2022-20112921
31-12-2020 abbreviated format 30-06-2021 2021-28700542
31-12-2019 abbreviated format 24-06-2020 2020-19600591
31-12-2018 abbreviated format 08-07-2019 2019-30000318
31-12-2017 micro format 25-06-2018 2018-22900178
31-12-2016 micro format 21-06-2017 2017-19400292

Show all 17 filings

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