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FEEPA

Active Public limited companyfounded 1992active for 34 yearsBruggestraat 127, 8730 BeernemKBO/BCE: BE 0447.210.778 #3 company by total assets in Beernem, Real estate sector

Lifetime

20 annual accounts with figures on one time axis, 34 filings since 1992
peak €2.2m (2022)
€164,251▲ 2.1%
lowest -€43,496 (2023)
-€13,120▼ €10,716
peak €2.3m (2022)
€2.3m▼ 0.6%
€1.6m▲ 0.2%
Board2 names since 1992
2 directors and 1 other
Documentsfilings and deeds
04-06-202657 days before the deadline
2025micro format
Loss of €13,120Cash from €468 to €2,677

Key points

from the 2025 annual accounts

Losses

-€59,020 in three years
-43,4962023-2,4042024-13,1202025

Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.

Liquidity

2.51 was 1.06 in 2024

Short-term debts fell from €430,955 to €182,986.

Filings

34 annual accounts since 1992
AprilJune31 JulyOctober200020102020

Four of the last ten came late. The 2023 accounts came latest: 21 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 8,613 companies had the same profile as FEEPA has now. Each dot stands for 22 companies, two years later.

94.1%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 8,613 companies, not a prediction for FEEPA. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Director, since 01-07-2004
Board & ownership

Recent changes

Reappointments: (managing director) and (director) General meeting of 07-05-2022 · Gazette deed
Reappointments: (managing director) and (director) General meeting of 08-05-2016 · Gazette deed
Incorporation published on 09-05-1992 · Gazette deed
First establishment Bruggestraat 127, Beernem
All 48 events

Comparable companies

same main activity, similar in size and age
Company
FEEPA Beernem €4.4m €164,251 51.5% -
PATRI - MON Nieuwpoort €4.1m €201,880 89.9% -
TAELMAN - REGENCY Knokke-Heist €4.0m €169,005 86.6% -
RILOU Roeselare €4.1m €210,903 45.9% -
SERMADO Tielt €3.5m €158,562 60.1% 0
IMMO - ROHS Eupen €4.8m €189,285 5.2% -
IFAGO Leuven €4.3m €180,047 18.0% -

These companies have the same main activity as FEEPA: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €3.5m and €4.8m, founded between 1987 and 1995.

Official details

Source: KBO
Status
Active since 17-04-1992Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 2 others
Establishment unit
2.241.939.8188730 Beernem, since 17-04-1992
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

≈ €240,000estimated
€4.4m▼ 0.6%
Filing
Filed on 04-06-2026, 57 days before the end of the filing period
Financials

Insights on FEEPA

FEEPA files the micro format. That format states no turnover. The gross margin rose from €127,713 in 2006 to €164,251 in 2025.

The balance sheet grew most from 2020 to 2022 through fixed assets.

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 FEEPA

What is the company number of FEEPA?
The company number of FEEPA is 0447.210.778. The VAT number is the same number with BE in front: BE 0447.210.778.
Where is FEEPA based?
The registered office is at Bruggestraat 127, 8730 Beernem.Company details
What does FEEPA do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of FEEPA?
FEEPA is a public limited company (NV).
When was FEEPA founded?
FEEPA was founded on 17-04-1992.
Is FEEPA still active?
Yes, FEEPA is an active enterprise in the KBO register.
What is the turnover of FEEPA?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €164,251 and 31 comparable companies (NACE 68201). It probably lies between €180,000 and €320,000.Financials
Is FEEPA profitable?
In financial year 2025, FEEPA made a loss of €13,120.
Where can I find the annual accounts of FEEPA?
FEEPA filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FEEPA due?
FEEPA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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