Febimmo
ActiveSummary
Febimmo has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€3,570) and a net result of -€9,841. Equity has been growing by about 19% per year since 2023. Its solvency ranks better than 17% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 16-01-2023 Normal situation
- Activity
- Real estate agency activities NACE 68310
- Joint committee
- 323 Paritair Comité voor het beheer van gebouwen, de vastgoedmakelaars en de dienstboden · annual accounts 2025
- Establishment unit
- 2.340.156.573 9840 Nazareth-De Pinte, since 16-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 03-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.4%
- Gross margin
- €38,241
- ▼ 35.7%
- Turnover
- ≈ €85,000
- estimated
- Loss
- €9,841
- Equity
- -€3,570
- Total assets
- €118,086
- ▲ 24.5%
- Employees on 31-12-2025
- 1
- =
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equity1 change of registered office in 24 monthsNegative equity -€3,570lowers riskSector: Real estate activities (NACE 68)Size: total assets €118,086Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 17% of them on solvency, 23% on liquidity, 47% on profitability and 4% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 28 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 18-06-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is a loss of €7,425, after a profit of €20,715 in 2024. It is the lowest result since 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| part-time | 1 | 1 |
| in full-time equivalents | 0.5 | 0.5 |
| Average over the year, in full-time equivalents | 0.5 | 0.5 |
| On a permanent contract | 1 | 1 |
| Joined | 1 | - |
| Left | 0 | - |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €52,833 | €42,879 | €70,307 |
| Depreciation and write-downs of the year | €7,029 | €14,183 | €19,734 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2024 · 2 entries · €1,635 awarded · €1,635 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €555 | €555 |
| 2023 | 1 | €1,080 | €1,080 |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | €366 | - | - |
| Remuneration, social security and pensions62 | - | €22,610 | €22,964 | ▲ 1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,029 | €14,183 | €19,734 | ▲ 39.1% |
| Other operating charges640/8 | €1,894 | €1,953 | €1,659 | ▼ 15.1% |
| Non-recurring operating charges66A | - | - | €1,309 | - |
| Gross operating margin9900 | €2,089 | €59,461 | €38,241 | ▼ 35.7% |
| Operating profit (loss)9901 | -€6,834 | €20,715 | -€7,425 | - |
| Financial income75/76B | €2 | - | €31 | - |
| Recurring financial income75 | €2 | - | €31 | - |
| Financial charges65/66B | €819 | €1,612 | €2,039 | ▲ 26.5% |
| Recurring financial charges65 | €819 | €1,612 | €2,039 | ▲ 26.5% |
| Profit (loss) for the period before taxes9903 | -€7,651 | €19,103 | -€9,433 | - |
| Income taxes67/77 | €113 | €7,069 | €408 | ▼ 94.2% |
| Profit (loss) for the period9904 | -€7,763 | €12,034 | -€9,841 | - |
| Profit (loss) for the period to be appropriated9905 | -€7,763 | €12,034 | -€9,841 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €59,525 | €94,830 | €118,086 | ▲ 24.5% |
| Fixed assets21/28 | €45,805 | €72,717 | €103,906 | ▲ 42.9% |
| Tangible fixed assets22/27 | €45,805 | €72,717 | €103,906 | ▲ 42.9% |
| Plant, machinery and equipment23 | €3,919 | €4,619 | €2,230 | ▼ 51.7% |
| Furniture and vehicles24 | €19,888 | €49,473 | €67,111 | ▲ 35.7% |
| Leasing and similar rights25 | €9,305 | €7,247 | €5,188 | ▼ 28.4% |
| Other tangible fixed assets26 | €12,693 | €11,378 | €29,377 | ▲ 158% |
| Current assets29/58 | €13,720 | €22,113 | €14,180 | ▼ 35.9% |
| Amounts receivable within one year40/41 | €6,386 | €9,970 | €3,211 | ▼ 67.8% |
| Trade receivables40 | €6,386 | €9,970 | €3,211 | ▼ 67.8% |
| Cash at bank and in hand54/58 | €1,317 | €11,802 | €10,647 | ▼ 9.8% |
| Deferred charges and accrued income490/1 | €6,017 | €341 | €322 | ▼ 5.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €59,525 | €94,830 | €118,086 | ▲ 24.5% |
| Equity10/15 | -€5,763 | €6,271 | -€3,570 | - |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | - | €4,271 | €4,271 | = |
| Distributable reserves133 | - | €4,271 | €4,271 | = |
| Profit (loss) carried forward14 | -€7,763 | - | -€9,841 | - |
| Amounts payable17/49 | €65,288 | €88,559 | €121,656 | ▲ 37.4% |
| Amounts payable after more than one year17 | €12,159 | €6,730 | €51,169 | ▲ 660% |
| Financial debts170/4 | €12,159 | €6,730 | €51,169 | ▲ 660% |
| Amounts payable within one year42/48 | €53,129 | €81,829 | €70,487 | ▼ 13.9% |
| Current portion of amounts payable after more than one year42 | €5,144 | €5,430 | €11,748 | ▲ 116% |
| Trade debts44 | €4,482 | €16,367 | €18,389 | ▲ 12.4% |
| Suppliers440/4 | €4,482 | €16,367 | €18,389 | ▲ 12.4% |
| Taxes, remuneration and social security45 | €4,335 | €10,612 | €3,676 | ▼ 65.4% |
| Taxes450/3 | €4,335 | €7,786 | €709 | ▼ 90.9% |
| Remuneration and social security454/9 | - | €2,826 | €2,967 | ▲ 5.0% |
| Other amounts payable47/48 | €39,167 | €49,420 | €36,674 | ▼ 25.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,763 | €12,034 | -€9,841 | - |
| + Depreciation and write-downs630 | €7,029 | €14,183 | €19,734 | ▲ 39.1% |
| Operating cash flow (approximation) | -€734 | €26,217 | €9,893 | ▼ 62.3% |
| Investment in fixed assets (approximation) | - | -€41,095 | -€50,923 | ▼ 23.9% |
| Change in cash | - | €10,485 | -€1,155 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,555 companies had the same profile as Febimmo has now. Two years later, 91.6% were still going and 4.6% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Febimmo itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,555 companies, not a prediction for Febimmo. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- DE BRUYCKER Febe 2,000 shares (100%) · €2,000 · volstort
Capital transactions
- 18-01-2023 Incorporation · €2,000 · 2,000 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, 1”
Articles of association, deed of 18-01-2023 (in Dutch)
Network & group
Febimmo shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Febimmo. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
05-09
Gazette deed
Registered office moved within De PinteNew seat: Grote Steenweg 3, 9840 De Pinte · Previous seat: Grote Steenweg 47, 9840 De Pinte · Power of attorney3 points ▸
- Board meeting, 27-08-2025
- Registered-office move, Grote Steenweg 3, 9840 De Pinte
- Power of attorney, WM Consulting BV
20-10
Gazette deed
Registered office moved within De PinteNew seat: Grote Steenweg 47, 9840 De Pinte · Previous seat: Langevelddreef 60, 9840 De Pinte3 points ▸
- Board meeting, 17-07-2023
- Registered-office move, Grote Steenweg 47, 9840 De Pinte
- Other provision, 19u30, “beëindiging vergadering” (deed in Dutch)
07-02
Gazette deed
Company renamed from Immo Langeveld to FebimmoRegistered office moved within De Pinte · New seat: 9840 De Pinte, Langevelddreef 60 · Previous seat: 9840 De Pinte, Langevelddreef 376 points ▸
- General meeting, 02-02-2023
- Name change, Febimmo
- Registered-office move, 9840 De Pinte,Langevelddreef 60
- Amendment of the articles, “Artikel 1” (deed in Dutch)
- Power of attorney
- Power of attorney, Stijn RIJCKBOSCH
18-01
Gazette deed
IncorporationStarting capital €2,000 · Appointment: DE BRUYCKER Febe (director) · Founder9 points ▸
- Incorporation, “Immo Langeveld” (deed in Dutch)
- Founder, DE BRUYCKER Febe
- Founding capital, €2,000
- Declaration, “bevestiging deponering, deponering heeft plaatsgevonden overeenkomstig bepalingen Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Other provision, “heden, beschikking over aanvangsvermogen” (deed in Dutch)
- Board rule, 1
- Director appointment, DE BRUYCKER Febe (director)
- Registered office clause, “9840 De Pinte,Langevelddreef 37” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening vennootschap in oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Febimmo was incorporated on 16 January 2023 as a private limited company by one natural person, with a starting capital of €2,000.12 Since 2023 the company has been called Febimmo.3 The registered office was moved to De Pinte in 2023.3 DE BRUYCKER Febe is director of the company, appointed in the act of 18-01-2023.2 Total assets rose from €59,525 in 2023 to €118,086 in 2025.4
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBBusiness parks
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44079A0204/00A002 | Flanders | 1,038 m² | 1 · 106 m² | 9.8 m · 2 |