FEBEC
ActiveSummary
The computed 12-month bankruptcy probability of FEBEC is 1.9% (moderate). The 2024 annual accounts show equity of €211 and a net result of €5k. Equity is shrinking by ~45.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 28% of 18936 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability45▼-1
Solvency25▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.1 against 0.04 in 2023; short-term debt: 75.4% and cash: 0.7% of total assets), and 99.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
0.1%
Return on assets
1.3%
Age of the figures
21 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 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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
not confirmed
2024
27 d late
2023
113 d late
2022
38 d early
2021
18 d late
2020
31 d late
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Equity
€211
2023 · €-5k
Total assets
€395k▼ 2.1%
2023 · €403k
Net result
€5k
2023 · €-17k
Working capital
€-266k▲ 5.0%
2023 · €-280k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€-21k€4k€8k▲ 77.9%€-13k€22k
Net result€-27k€-10k▲ 63.2%€-8k▲ 17.9%€-17k▼ 107%€5k
Equity€30k▼ 47.4%€20k▼ 33.1%€12k▼ 40.6%€-5k€211
Total assets€427k▼ 9.3%€458k▲ 7.2%€439k▼ 4.2%€403k▼ 8.2%€395k▼ 2.1%
Debt€397k▼ 4.0%€438k▲ 10.3%€427k▼ 2.5%€408k▼ 4.5%€394k▼ 3.3%
Working capital€-210k▼ 14.0%€-260k▼ 23.7%€-266k▼ 2.3%€-280k▼ 5.3%€-266k▲ 5.0%
Staff (FTE)
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €22k after a loss of €13k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €395k
Fixed assets
€363k ▼ 7.3%
Current assets
€31k ▲ 183%
Equity and liabilities €395k
Equity
€211
Debt
€394k
Debt finances 99.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€51k▲
2023 · €17k
Cash flow
€34k▲
2023 · €12k
Current ratio
0.10▲
2023 · 0.04
ROA
1.3%▲
2023 · -4.2%
Interest coverage
2.97▼
2023 · 3.96
Debt ≤ 1 year
€297k▲
2023 · €291k
Debt > 1 year
€97k▼
2023 · €117k
Equity ratios withheld: equity of €211 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24k | €28k | €29k | €29k | €29k | ▼ 2.4% |
| Other operating charges640/8 | - | €3k | €3k | €4k | €1k | ▼ 72.1% |
| Gross operating margin9900 | €9k | €35k | €39k | €20k | €52k | ▲ 156% |
| Operating profit (loss)9901 | €-21k | €4k | €8k | €-13k | €22k | ▲ 276% |
| Financial income75/76B | - | €188 | - | - | - | - |
| Recurring financial income75 | €8 | €188 | - | - | - | - |
| Financial charges65/66B | - | €14k | €16k | €4k | €17k | ▲ 309% |
| Recurring financial charges65 | €6k | €14k | €16k | €4k | €17k | ▲ 309% |
| Profit (loss) for the period before taxes9903 | €-27k | €-10k | €-8k | €-17k | €5k | ▲ 131% |
| Income taxes67/77 | €135 | - | - | - | - | - |
| Profit (loss) for the period9904 | €-27k | €-10k | €-8k | €-17k | €5k | ▲ 131% |
| Profit (loss) for the period to be appropriated9905 | €-27k | €-10k | €-8k | €-17k | €5k | ▲ 131% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €427k | €458k | €439k | €403k | €395k | ▼ 2.1% |
| Fixed assets21/28 | €413k | €435k | €414k | €392k | €363k | ▼ 7.3% |
| Tangible fixed assets22/27 | €413k | €435k | €414k | €392k | €363k | ▼ 7.3% |
| Land and buildings22 | - | €378k | €365k | €356k | €337k | ▼ 5.2% |
| Plant, machinery and equipment23 | - | €55k | €48k | €36k | €26k | ▼ 27.2% |
| Furniture and vehicles24 | - | €2k | €1k | €416 | - | - |
| Current assets29/58 | €14k | €23k | €25k | €11k | €31k | ▲ 183% |
| Stocks and contracts in progress3 | €8k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €1k | €18k | €21k | €8k | €28k | ▲ 252% |
| Trade receivables40 | - | €16k | €19k | €7k | €28k | ▲ 275% |
| Other amounts receivable41 | - | €2k | €1k | €742 | €874 | ▲ 17.8% |
| Cash at bank and in hand54/58 | €5k | €5k | €3k | €3k | €3k | ▼ 8.0% |
| Deferred charges and accrued income490/1 | - | - | €723 | - | €36 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €427k | €458k | €439k | €403k | €395k | ▼ 2.1% |
| Equity10/15 | €30k | €20k | €12k | €-5k | €211 | ▲ 104% |
| Contributions10/11 | - | €50k | €50k | €50k | €50k | = |
| Outside capital11 | - | €50k | €50k | - | - | - |
| Other1109/19 | - | €50k | €50k | - | - | - |
| Reserves13 | €438 | €438 | €438 | €438 | €438 | = |
| Non-distributable reserves130/1 | - | €438 | €438 | - | - | - |
| Reserves not available under the articles1311 | - | €438 | €438 | - | - | - |
| Distributable reserves133 | - | - | - | €438 | €438 | = |
| Profit (loss) carried forward14 | €-20k | €-30k | €-38k | €-55k | €-50k | ▲ 9.3% |
| Amounts payable17/49 | €397k | €438k | €427k | €408k | €394k | ▼ 3.3% |
| Amounts payable after more than one year17 | €173k | €154k | €136k | €117k | €97k | ▼ 16.9% |
| Financial debts170/4 | - | €154k | €136k | €117k | €97k | ▼ 16.9% |
| Amounts payable within one year42/48 | €225k | €284k | €291k | €291k | €297k | ▲ 2.1% |
| Current portion of amounts payable after more than one year42 | - | €18k | €19k | €19k | €20k | ▲ 2.8% |
| Trade debts44 | €2k | €1k | - | €176 | - | - |
| Suppliers440/4 | - | €1k | - | €176 | - | - |
| Taxes, remuneration and social security45 | - | €5k | €6k | - | - | - |
| Taxes450/3 | - | €5k | €6k | - | - | - |
| Other amounts payable47/48 | - | €260k | €267k | €272k | €278k | ▲ 2.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-27k | €-10k | €-8k | €-17k | €5k | ▲ 131% |
| + Depreciation and write-downs630 | €24k | €28k | €29k | €29k | €29k | ▼ 2.4% |
| Operating cash flow (approximation) | €-3k | €18k | €21k | €12k | €34k | ▲ 172% |
| Investment in fixed assets (approximation) | - | €-50k | €-8k | €-7k | €0 | ▲ 100% |
| Change in cash | - | €199 | €-2k | €-583 | €-233 | ▲ 60.0% |
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
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after 4 loss-making years.
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 113 days late
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Laakdal · 1 establishment unit since 2015
Ground area
1.0 ha
Building footprint
474 m²
Volume, LiDAR
2,967 m³
Parcel 13042D0193/00K000, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Febec
since 20152.237.835.629
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13042D0193/00K000 | Flanders | 1.0 ha | 1 · 474 m² | 11.9 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLaakdal2.237.835.629
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Of 14,006 companies in sector 56301 we hold annual accounts for 4,889. 306 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
Founded22-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
55204Guest rooms (bed and breakfast)
82300Organisation of conventions and trade shows
85510Sports and recreation education
93199Other sports activities
Scores and ratios are computed by Checked and are not a credit decision.