Fedelec

Active

Non-profit associationfounded 1960active for 65 yearsJoseph Chantraineplantsoen 1, 3070 Kortenberg, BelgiumKBO/BCE: BE 0407.559.851

Summary

Fedelec has been active since 1960 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.4m and a net result of -€27,270. Equity is shrinking by about 4.9% per year across the filed financial years. Its solvency ranks better than 95% of 497 sector peers (NACE 94, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

FedelecActiveChecked score 92/100

Risk analysis Report Compare

Activity

Activities of business and employers' organisations

NACE 94110

Oldest company in Kortenberg, Other services sector

Size

€11,264turnover 2025

Equity: €4.4m
Deficit: -€27,270

Financial health

92 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

2025 accounts filed 34 days late13 deeds in the Belgian Official Gazette

Why 92raises riskLiquidity: cash €61,995Last filed accounts filed 34 days late; 1 of the last 3 latelowers riskLegal form: non-profit associationSize: turnover €11,264, total assets €4.4mShow the evidence

Checked score

Score 2025

92 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 36% of its sector peers (NACE 94, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 100=

equity 100.0% of total assets

Liquidity 3=

cash 1.4%

Profitability 12+10

return on assets -0.6%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (512 companies, NACE 94, small)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value

Credit of up to €1,000 on 30-day terms is acceptable

cash: 1.4% of total assets, and 0% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 94, small): better than 85% on solvency, 0% on liquidity, 14% on profitability and 46% on growth.

The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

Legal form: non-profit association

KBO

Liquidity: cash €61,995

NBB · annual accounts

Size: turnover €11,264, total assets €4.4m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Last filed accounts filed 34 days late; 1 of the last 3 late

NBB · filings

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€27,270

2025 accounts filed 34 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-09-2026, 34 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 8 filings

Deviation from the deadline

2025

34 days late

2024

12 days late

2023

8 days early

2022

13 days early

2021

30 days early

2020

30 days early

2019

52 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days after the deadline; the sector median (NACE 94) for financial year 2024 is 29 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (2)

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 24 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

29-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

03-09-2026 Annual accounts filedfinancial year 2025 · micro…
12-08-2025 Annual accounts filedfinancial year 2024 · micro…
23-07-2024 Annual accounts filedfinancial year 2023 · abbreviated…

Key points

Risk: 6 loss-making years in a rowloss financial year 2025 -€27,270 View
Positive: Result rose in 2025from -€567,539 to -€27,270 ▲ 95.2% View
Positive: Oldest company in Kortenberg, Other services sectorin the Checked rankings No. 1 View
Active since 1960founded 20-12-1960 65 years View

By topic

Financials

Financial year: 2025
Turnover: €11,264
Loss: -€27,270
Solvency: 100.0%

Turnover▲ 4.3%

Net result

20182025

Go to Financials

Timeline

Events: 10
Since: 2019
Next accounts: by 31-07-2027

31-12-2023Liquidity more than 89 times
18-07-2023Annual accounts filed
01-07-2022Annual accounts filed

Go to Timeline

Company details

Legal form: Non-profit association
Activity: Activities of business and employers' organisationsNACE 94110
Founded: 20-12-1960
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about Fedelec

What is the company number of Fedelec?: 0407.559.851. In Belgium the VAT number is the company number with BE in front: BE 0407.559.851.
Where is Fedelec based?: The registered office is at Joseph Chantraineplantsoen 1, 3070 Kortenberg.Company details
What does Fedelec do?: According to the KBO register, the main activity is activities of business and employers' organisations (NACE 94110).
What is the legal form of Fedelec?: Non-profit association (VZW).
When was Fedelec founded?: On 20-12-1960.
Is Fedelec still active?: Yes, Fedelec is an active enterprise in the KBO register.
How many employees does Fedelec have?: On average 0.1 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of Fedelec?: €11,264 in financial year 2025, according to the filed annual accounts.
Is Fedelec profitable?: In financial year 2025, Fedelec made a loss of €27,270.
Where can I find the annual accounts of Fedelec?: Fedelec filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Fedelec due?: By 31-07-2027, for financial year 2026.Timeline