Financials
- Fiscal year
- 2024
- Total assets
- €493,438
- Profit
- €8,953
- Solvency
- -19.9%
Total assets▼ 2.6%
Net result
20182024
FEDESSA
ActiveSummary
The computed 12-month bankruptcy probability of FEDESSA is 2.9% (moderate). The 2024 annual accounts show negative equity (-€98,290) and a net result of €8,953. Equity is shrinking by ~19.1% per year across the filed fiscal years. The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Activity not known1 site
Size
€493,438total assets 2024
- Equity
- -€98,290
- Profit
- €8,953
Turnover not published (abridged schema)
Structure
Accounts 63 d overdue0 of 4 deeds read
Why 50- Liquidity: current ratio 0.37, cash €880, halved- Figures for FY 2024 (filed 06-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 67 days late; 3 of the last 3 late+ Size: total assets €493,438Show the evidence
Checked score
Score 2024
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 35% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
5+1
equity -19.9% of total assets
Liquidity
20-7
short-term debt 58.8% · cash 0.2%
Profitability
71=
return on assets 1.8%
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 15 months
08-2025: 1.1%lowest value
09-2025: 1.3%▲ +15.9% vs 08-2025
10-2025: 1.6%▲ +25.3% vs 09-2025
11-2025: 1.4%▼ -17.4% vs 10-2025
12-2025: 1.4%● 0.0% vs 11-2025
01-2026: 1.5%▲ +10.9% vs 12-2025
02-2026: 1.5%● 0.0% vs 01-2026
03-2026: 1.5%● 0.0% vs 02-2026
04-2026: 1.4%▼ -8.9% vs 03-2026
05-2026: 1.4%▲ +1.2% vs 04-2026
06-2026: 1.6%▲ +13.9% vs 05-2026
07-2026: 1.6%▼ -1.8% vs 06-2026
08-2026: 2.1%▲ +37.3% vs 07-2026
09-2026: 2.4%▲ +10.7% vs 08-2026
10-2026: 2.9%▲ +24.7% vs 09-2026highest value
- Size: total assets €493,438 lowers the probability for this profile
- Liquidity: current ratio 0.37, cash €880, halved raises the probability
- Figures for FY 2024 (filed 06-10-2025) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 67 days late; 3 of the last 3 late raises the probability
No credit on open account
Liquidity short (current ratio 0.37 against 0.36 in 2023; short-term debt: 58.8% and cash: 0.2% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 10%, liquidity 12%, profitability 51%, growth against the median 65%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 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
67 d late
2023
92 d late
2022
92 d late
2021
120 d late
2020
90 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 97 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Back to profitnet €11,024
Key points
By topic
Timeline
- Events
- 11
- Since
- 2016
- 06-10-2025Annual accounts filed
- 31-10-2024Annual accounts filed
- 31-12-2023Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Founded
- 28-10-1999
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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