Turnover
€248,727 ▼ 31.8%
Turnover fell in 2025 from €364,854 to €248,727.
FEDECOR
Lifetime
20 annual accounts with figures on one time axis, 28 filings since 1998peak €135,399 (2024)
€26,859▼ 80.2%
lowest -€19,040 (2025)
-€19,040▼ €34,921
peak €27,774 (2023)
€1,307▼ 93.6%
€47,386▼ 58.1%
Board4 names since 2023
1 directorKORKMAZ BERFIN
Documentsfilings and deeds
10-03-2026143 days before the deadline
2025abbreviated format
Turnover from €364,854 to €248,727Gross margin from €135,399 to €26,859Loss of €19,040Equity from €20,347 to €1,307Debts from €113,067 to €47,386Cash from €50,931 to €13,720
Key points
from the 2025 annual accountsDebts
€47,386 97% of the balance sheet
Suppliers 29%Taxes and wages 60%Other 11%
Payment terms
23 days to suppliers
FEDECOR pays its suppliers 99 days earlier than in 2024. Customers pay 28 days earlier.
Filings
28 annual accounts since 1998
Seven of the last ten came late. The 2021 accounts came latest: 490 days after the end of the period.
At the same address
39 companies
Board
1 joined · 1 left
Board changed. Latest change 09-03-2026 · 1 in office.
Checked score
52
Fair
Financially stronger than 14% of micro companies in food products (NACE 10)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.1% across 3,080 companies (NACE 10, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.0%
01-2025: 5.0%● unchanged vs 12-2024
02-2025: 5.0%● unchanged vs 01-2025
03-2025: 5.3%▲ +0.3 percentage points vs 02-2025
04-2025: 5.3%● unchanged vs 03-2025highest value
05-2025: 5.2%▼ -0.1 percentage points vs 04-2025
06-2025: 2.3%▼ -2.9 percentage points vs 05-2025
07-2025: 2.4%▲ +0.1 percentage points vs 06-2025
08-2025: 3.1%▲ +0.7 percentage points vs 07-2025
09-2025: 3.8%▲ +0.7 percentage points vs 08-2025
10-2025: 2.0%▼ -1.8 percentage points vs 09-2025
11-2025: 2.1%▲ +0.1 percentage points vs 10-2025
12-2025: 2.8%▲ +0.7 percentage points vs 11-2025
01-2026: 4.5%▲ +1.7 percentage points vs 12-2025
02-2026: 4.5%● unchanged vs 01-2026
03-2026: 4.6%▲ +0.1 percentage points vs 02-2026
04-2026: 1.8%▼ -2.8 percentage points vs 03-2026
05-2026: 1.8%● unchanged vs 04-2026
06-2026: 1.8%● unchanged vs 05-2026lowest value
07-2026: 1.8%● unchanged vs 06-2026lowest value
08-2026: 1.8%● unchanged vs 07-2026lowest value
09-2026: 1.8%● unchanged vs 08-2026lowest value
10-2026: 1.8%● unchanged vs 09-2026
11-2026: 1.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Manufacture of food products (NACE 10)
Loss of €19,040 (financial year 2025)
Equity €1,307 (2.7% of total assets)
lowers risk
Size: turnover €248,727, total assets €48,693
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 10, micro). It does better than 21% of them on solvency, 26% on liquidity, 6% on profitability and 4% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 540 companies had the same profile as FEDECOR has now. Each dot stands for 2 companies, two years later.
85.7%
were still trading
8.3%
stopped another way
5.2%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FEDECOR itself: 1.8% within 12 months.
Test of the method
The method was tested on the 497,448 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 540 companies, not a prediction for FEDECOR. 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.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.98 (1.13 in 2024), below 1. Short-term debt is 97.3% and cash 28.2% of total assets. 97.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 1014 sector peers (2025).
NBB · sector comparisonPosition among 1014 sector peers
Solvency
better than 14%
← weakest
strongest →
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 10-03-2026, 143 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
143 days early
2024
221 days late
2023
99 days early
2022
125 days late
2021
490 days late
2020
88 days late
2019
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 97 days after the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 December (4 of the last 5 accounts filed within 268 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- BERFIN KORKMAZdeed of 09-03-2026
- ALI KORKMAZ 50 sharesdeed of 09-03-2026
Recent changes
Purpose change
“De activiteiten van een slachthuis, omvattende het slachten, het uitbenen en versnijden van vee en gevogelte…” (deed in Dutch) · General meeting of 07-08-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0463381074
Transfer of 50 shares from BERFIN KORKMAZ to ALI KORKMAZ
Resignation: BERFIN KORKMAZ (director) · BERFIN KORKMAZ is a shareholder · Director discharge: BERFIN KORKMAZ · General meeting of 31-01-2026 · Gazette deed
Transfer of 50 shares from BERFIN KORKMAZ to ALI KORKMAZ
Appointment: ALI KORKMAZ (director) · General meeting of 23-12-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FEDECOR Anderlecht | €48,693 | €26,859 | 2.7% | - |
| BUYL - VAN DEN BROECK Liedekerke | €29,312 | €20,048 | 41.2% | - |
| TALBI Ixelles | €51,229 | €25,728 | 30.3% | - |
| KIPPENSLAGERIJ DECLERCK-MODDE Tielt | €392,477 | €35,551 | 21.5% | - |
| BENKHAPO Molenbeek-Saint-Jean | €372,524 | €64,047 | 24.5% | - |
| FERME D'ARTAGNAN Oupeye | €152,869 | €84,903 | 5.4% | - |
| KEYNEN-VERVOORT Herenthout | €114,496 | €91,184 | -2.4% | - |
These companies have the same main activity as FEDECOR: manufacture of food products (NACE 10120). They are comparable in size and age: total assets between €29,300 and €392,000, founded between 1981 and 2014.
Official details
Source: KBO- Status
- Active since 20-05-1998Normal situation
- Registered office
- 40 active companies are registered at this addressSource: KBO register, as of 11 November 2026.
- Activity
- Manufacture of food productsNACE 10120and 6 others
- Establishment unit
- 2.086.960.8391070 Anderlecht, since 29-05-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 02-04-2026
Annual accounts 2025
- €48,693▼ 63.5%
- ≈ 1.1 FTEestimated
- Filing
- Filed on 10-03-2026, 143 days before the end of the filing period
Insights on FEDECOR
FEDECOR files the abbreviated format. That format states no turnover. The gross margin rose from €1,351 in 2006 to €26,859 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FEDECOR
- What is the company number of FEDECOR?
- The company number of FEDECOR is 0463.381.074. The VAT number is the same number with BE in front: BE 0463.381.074.
- Where is FEDECOR based?
- The registered office is at Bergense Steenweg 814A, 1070 Anderlecht.Company details
- What does FEDECOR do?
- According to the KBO register, the main activity is manufacture of food products (NACE 10120).
- What is the legal form of FEDECOR?
- FEDECOR is a private limited company (BV).
- When was FEDECOR founded?
- FEDECOR was founded on 20-05-1998.
- Is FEDECOR still active?
- Yes, FEDECOR is an active enterprise in the KBO register.
- What is the turnover of FEDECOR?
- The turnover of FEDECOR was €248,727 in financial year 2025, according to the filed annual accounts.Financials
- Is FEDECOR profitable?
- In financial year 2025, FEDECOR made a loss of €19,040.
- Where can I find the annual accounts of FEDECOR?
- FEDECOR filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FEDECOR due?
- FEDECOR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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