FEE
ActiveSummary
FEE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €662,261 and a net result of €7,122. Equity remains stable across the filed fiscal years (±1.1% per year). The computed 12-month bankruptcy probability is 0.5% (low).
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Signals
This company filed its last 7 accounts on average 41 days before 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 (2)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,733 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €32,418 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €69,103 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €21,373 | €7,379 | -€106 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,034 | €21,121 | €21,121 | €13,588 | €12,138 | ▼ 10.7% |
| Other operating charges640/8 | - | €27,532 | €1,374 | €12,271 | €17,822 | ▲ 45.2% |
| Gross operating margin9900 | -€35,982 | €34,402 | €54,856 | €37,683 | €23,626 | ▼ 37.3% |
| Operating profit (loss)9901 | -€63,094 | -€35,625 | €24,981 | €11,930 | -€6,335 | ▼ 153% |
| Financial income75/76B | - | - | - | €34,031 | €13,500 | ▼ 60.3% |
| Recurring financial income75 | - | - | - | €0 | €13,500 | ▲ 5,869,465% |
| Non-recurring financial income76B | - | - | - | €34,031 | €13,500 | ▼ 60.3% |
| Financial charges65/66B | - | €37 | €39 | €36,863 | €44 | ▼ 99.9% |
| Recurring financial charges65 | €16,205 | €37 | €39 | €36,863 | €44 | ▼ 99.9% |
| Profit (loss) for the period before taxes9903 | -€79,299 | -€35,661 | €24,942 | €9,099 | €7,122 | ▼ 21.7% |
| Income taxes67/77 | €70 | €123 | €2,391 | - | - | - |
| Profit (loss) for the period9904 | -€79,368 | -€35,784 | €22,551 | €9,099 | €7,122 | ▼ 21.7% |
| Profit (loss) for the period to be appropriated9905 | -€23,368 | -€35,784 | €22,551 | €9,099 | €7,122 | ▼ 21.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.6m | €1.7m | €1.7m | €1.8m | ▲ 2.3% |
| Fixed assets21/28 | €771,145 | €750,024 | €728,903 | €714,228 | €702,090 | ▼ 1.7% |
| Tangible fixed assets22/27 | €730,045 | €708,924 | €687,803 | €673,128 | €660,990 | ▼ 1.8% |
| Land and buildings22 | - | €504,204 | €490,616 | €477,028 | €464,890 | ▼ 2.5% |
| Furniture and vehicles24 | - | €8,620 | €1,087 | - | - | - |
| Assets under construction and advance payments27 | - | €196,100 | €196,100 | €196,100 | €196,100 | = |
| Financial fixed assets28 | €41,100 | €41,100 | €41,100 | €41,100 | €41,100 | = |
| Current assets29/58 | €825,689 | €887,171 | €930,412 | €1.0m | €1.1m | ▲ 5.2% |
| Stocks and contracts in progress3 | €586,295 | €724,948 | €766,894 | €844,242 | €920,202 | ▲ 9.0% |
| Stocks30/36 | - | €724,948 | €766,894 | €844,242 | €920,202 | ▲ 9.0% |
| Amounts receivable within one year40/41 | €151,862 | €151,809 | €149,540 | €157,540 | €151,931 | ▼ 3.6% |
| Other amounts receivable41 | - | €151,809 | €149,540 | €157,540 | €151,931 | ▼ 3.6% |
| Current investments50/53 | - | - | - | €250 | €250 | = |
| Cash at bank and in hand54/58 | €87,532 | €10,415 | €13,977 | €20,673 | €3,068 | ▼ 85.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.6m | €1.7m | €1.7m | €1.8m | ▲ 2.3% |
| Equity10/15 | €659,273 | €623,489 | €646,040 | €655,139 | €662,261 | ▲ 1.1% |
| Contributions10/11 | €219,473 | €219,473 | €219,473 | €219,473 | €219,473 | = |
| Capital10 | - | €219,473 | €219,473 | €219,473 | €219,473 | = |
| Issued capital100 | - | €219,473 | €219,473 | €219,473 | €219,473 | = |
| Reserves13 | €439,799 | €404,016 | €426,567 | €435,665 | €442,787 | ▲ 1.6% |
| Non-distributable reserves130/1 | - | €21,947 | €21,947 | €21,947 | €21,947 | = |
| Legal reserve130 | - | €21,947 | €21,947 | €21,947 | €21,947 | = |
| Distributable reserves133 | - | €382,068 | €404,619 | €413,718 | €420,840 | ▲ 1.7% |
| Amounts payable17/49 | €937,561 | €1.0m | €1.0m | €1.1m | €1.1m | ▲ 3.1% |
| Amounts payable after more than one year17 | €580,738 | €600,783 | €600,783 | €577,616 | €564,116 | ▼ 2.3% |
| Other amounts payable178/9 | - | €600,783 | €600,783 | €577,616 | €564,116 | ▼ 2.3% |
| Amounts payable within one year42/48 | €356,824 | €412,923 | €412,491 | €504,179 | €551,166 | ▲ 9.3% |
| Trade debts44 | €1,252 | €6,846 | €12,059 | €3,024 | €3,594 | ▲ 18.8% |
| Suppliers440/4 | - | €6,846 | €12,059 | €3,024 | €3,594 | ▲ 18.8% |
| Taxes, remuneration and social security45 | - | €4,247 | €20,807 | €8,871 | €391 | ▼ 95.6% |
| Taxes450/3 | - | €1,086 | €575 | €8,871 | €391 | ▼ 95.6% |
| Remuneration and social security454/9 | - | €3,161 | €20,233 | - | - | - |
| Other amounts payable47/48 | - | €401,829 | €379,624 | €492,284 | €547,181 | ▲ 11.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€79,368 | -€35,784 | €22,551 | €9,099 | €7,122 | ▼ 21.7% |
| + Depreciation and write-downs630 | €20,034 | €21,121 | €21,121 | €13,588 | €12,138 | ▼ 10.7% |
| Operating cash flow (approximation) | -€59,334 | -€14,663 | €43,672 | €22,686 | €19,260 | ▼ 15.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €1,087 | €0 | ▼ 100% |
| Change in cash | - | -€77,118 | €3,563 | €6,695 | -€17,604 | ▼ 363% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71362B1601/00K002 | Flanders | 1,237 m² | 1 · 793 m² | 8.5 m · 1 fl. |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
70%
According to the annual accounts to 30-06-2025 of FEE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.