Fed Belgium
The computed 12-month bankruptcy probability of Fed Belgium is 3.4% (moderate). The 2024 annual accounts show negative equity (€-92k) and a net result of €-192k. Its solvency ranks better than 11% of 40 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-92k |
| Net result | €-192k |
| Staff (FTE) | 4.2 |
| Better than sector | 11% |
Mixed profile: strong on profitability, weaker on health.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -59.6% | 17.6% | |
| Net result | €-192k | €9k | |
| Equity | €-92k | €167k | |
| Staff costs | €208k | €1.45M | |
| Employees (FTE) | 4.2 | 13.8 |
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €-188k |
| Net profit | €-192k |
| Cash flow | €-190k |
| Staff costs | €208k |
| Income taxes | - |
| Dividends | - |
| Total assets | €155k |
| Equity | €-92k |
| Debt | €248k |
| of which ≤ 1y | €246k |
| of which > 1y | - |
| Working capital | €-176k |
| Employees (FTE) | 4.2 |
| 2024 | |
|---|---|
| Current ratio | 0.29 |
| Quick ratio | 0.29 |
| Working capital ratio | -113.2% |
| Solvency | -59.6% |
| Debt / equity | -2.68 |
| Long-term debt ratio | - |
| Interest coverage | -69.50 |
| Gross margin | - |
| Net margin | - |
| ROA | -124.0% |
| ROE | 208.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €155k |
| Fixed assets | 21/28 | €85k |
| Intangible fixed assets | 21 | €6k |
| Financial fixed assets | 28 | €78k |
| Current assets | 29/58 | €71k |
| Amounts receivable within one year | 40/41 | €55k |
| Cash & bank | 54/58 | €12k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €155k |
| Equity | 10/15 | €-92k |
| Contributions / capital | 10/11 | €100k |
| Accumulated profits (losses) | 14 | €-192k |
| Amounts payable | 17/49 | €248k |
| Amounts payable within one year | 42/48 | €246k |
| Trade debts payable within one year | 44 | €7k |
| Income statement | ||
| Gross operating margin | 9900 | €21k |
| Operating result | 9901 | €-190k |
| Financial income | 75 | €108 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €-192k |
| Net result for the period | 9904 | €-192k |
| Result to be appropriated | 9905 | €-192k |
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| BDO ADVISORYCurrent Statutory auditor · represented by Jean NICOLET |
- | 23-10-2025 → present |
| NACE primary | Arbeidsbemiddeling(78100) |
| Legal form | Public limited company(014) |
| Incorporation | 09-11-2023 |
| Status | Active |
| Postal code | 1050 |
Show 2 more network connections
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0001/00L000 | Brussels | 1,625 m² | 1 · 1,286 m² | 33.9 m · 9 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
23-10-2025 Jean NICOLET appointed as statutory auditor
- Jean NICOLET, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Jean NICOLET",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0459910454",
"name": "SRL CDP NICOLET \u0026 C\u00B0",
"address": null,
"country": null,
"legal_form": null
},
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale de la SA FED BELGIUM nomme en tant que commissaire, la SRL CDP NICOLET \u0026 C\u00B0, dont le si\u00E8ge social est situ\u00E9 Transvaal 63 \u00E0 4910 THEUX, pour une dur\u00E9e de 3 ans, soit jusqu\u0027\u00E0 l\u0027assembl\u00E9e g\u00E9n\u00E9rale approuvant les comptes annuels cl\u00F4tur\u00E9s au 31/12/2027. La SRL CDP NICOLET \u0026 C\u00B0 d\u00E9sign"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "1002.131.051",
"name_full": "FED BELGIUM",
"legal_form": "SRL"
}
}27-12-2023 Registered office moved within Bruxelles
- Avenue Louise 523, 1050 Bruxelles → Avenue Louise 54, 1050 Bruxelles
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Bruxelles",
"region": "Brussels",
"street": "Avenue Louise",
"country": "BE",
"postcode": "1050",
"box_number": null,
"street_number": "54"
},
"old_address": {
"city": "Bruxelles",
"region": "Brussels",
"street": "Avenue Louise",
"country": "BE",
"postcode": "1050",
"box_number": null,
"street_number": "523"
},
"effective_date": "2023-12-01",
"evidence_quote": "L\u0027assembl\u00E9e G\u00E9n\u00E9rale a pris connaissance d\u0027une erreur qui figure dans son si\u00E8ge social qui a \u00E9t\u00E9 publi\u00E9 Avenue Louise 523 et non 54. Le si\u00E8ge social est en r\u00E9alit\u00E9 \u00E9tabli Avenue Louise 54. En cons\u00E9quence, l\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de corriger l\u0027adresse du si\u00E8ge social et de l\u0027\u00E9tablir au 54 Avenue Louise \u00E0 1050 Bruxelles."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "1002.131.051",
"name_full": "FED BELGIUM",
"legal_form": "SRL"
}
}13-11-2023 Incorporation of a new SNC
Technical details
{
"kind": "oprichting",
"seat": "Avenue Louise 523, 1050 Bruxelles",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": null,
"name": "Fed Newco"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "actions",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": "Fed Newco",
"contribution_type": "cash",
"amount_paid_in_eur": 100000,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 100000,
"amount_subscribed_eur": 100000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 100000,
"subject_company": {
"kbo": "1002.131.051",
"name_full": "Fed Belgium",
"legal_form": "SNC"
},
"initial_directors": [],
"incorporation_date": "2023-11-09",
"post_incorporation_mandates": []
}| Legal nameFR | Fed Belgium |