FEESTPALEIS
ActiveSummary
FEESTPALEIS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €526,909 and a net result of €34,048. Equity is growing by ~18.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability49▲+38
Solvency94▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 14.21 against 8.86 in 2023; short-term debt: 5.8% and cash: 19.6% of total assets), and 31% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
45 d early
2023
30 d early
2022
42 d early
2021
25 d early
2020
46 d early
2019
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 39 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)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€526,909▲ 6.9%
2023 · €492,861
Total assets
€764,064▼ 1.0%
2023 · €771,735
Net result
€34,048
2023 · -€45,932
Working capital
€581,566▲ 6.9%
2023 · €543,905
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€3,522€568,283▲ 16,034%€43,785▼ 92.3%-€25,791-€59,093▼ 129%
Net result-€6,341▲ 57.2%€397,208-€50,532-€45,932▲ 9.1%€34,048
Equity€192,117▼ 0.8%€589,325▲ 207%€538,793▼ 8.6%€492,861▼ 8.5%€526,909▲ 6.9%
Total assets€813,312▼ 4.3%€1.1m▲ 31.0%€824,390▼ 22.6%€771,735▼ 6.4%€764,064▼ 1.0%
Debt€595,654▼ 4.6%€328,781▼ 44.8%€138,369▼ 57.9%€131,646▼ 4.9%€89,927▼ 31.7%
Working capital-€442,268▲ 0.2%€551,673€587,439▲ 6.5%€543,905▼ 7.4%€581,566▲ 6.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €59,093 in 2024 against €25,791 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €764,064
Fixed assets
€138,483 ▼ 12.7%
Current assets
€625,581 ▲ 2.0%
Equity and liabilities €764,064
Equity
€526,909 ▲ 6.9%
Provisions
€147,229 =
Debt
€89,927 ▼ 31.7%
Debt's share of the balance-sheet total falls from 17.1% to 11.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
-€38,914▼
2023 · -€5,612
Cash flow
€54,227▲
2023 · -€25,753
Current ratio
14.21▲
2023 · 8.86
Debt to equity
0.17▼
2023 · 0.27
ROE
6.5%▲
2023 · -9.3%
ROA
4.5%▲
2023 · -6.0%
Interest coverage
2.35▲
2023 · -0.19
Debt ≤ 1 year
€44,015▼
2023 · €69,168
Debt > 1 year
€42,600▼
2023 · €61,856
Income taxes
€246=
2023 · €246
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 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
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 14,732 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36,260 | €6,213 | €7,902 | €20,179 | €20,179 | = |
| Other operating charges640/8 | - | €7,892 | €1,823 | €2,080 | €35,140 | ▲ 1,589% |
| Gross operating margin9900 | €47,100 | €582,388 | €53,510 | -€3,532 | -€3,773 | ▼ 6.8% |
| Operating profit (loss)9901 | €3,522 | €568,283 | €43,785 | -€25,791 | -€59,093 | ▼ 129% |
| Financial income75/76B | - | €1,500 | €0 | €9,519 | €76,798 | ▲ 707% |
| Recurring financial income75 | €0 | €1,500 | €0 | €9,519 | €76,798 | ▲ 707% |
| Financial charges65/66B | - | €38,951 | €94,295 | €29,413 | -€16,588 | ▼ 156% |
| Recurring financial charges65 | €11,049 | €38,951 | €94,295 | €29,413 | -€16,588 | ▼ 156% |
| Profit (loss) for the period before taxes9903 | -€7,526 | €530,833 | -€50,510 | -€45,686 | €34,294 | ▲ 175% |
| Transfer from deferred taxes780 | - | €25,541 | €0 | - | - | - |
| Transfer to deferred taxes680 | - | €147,229 | €0 | - | - | - |
| Income taxes67/77 | - | €11,937 | €22 | €246 | €246 | = |
| Profit (loss) for the period9904 | -€6,341 | €397,208 | -€50,532 | -€45,932 | €34,048 | ▲ 174% |
| Transfer from tax-exempt reserves789 | - | €76,624 | €0 | - | - | - |
| Transfer to tax-exempt reserves689 | - | €441,687 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€3,440 | €32,145 | -€50,532 | -€45,932 | €34,048 | ▲ 174% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €813,312 | €1.1m | €824,390 | €771,735 | €764,064 | ▼ 1.0% |
| Fixed assets21/28 | €810,922 | €282,250 | €178,841 | €158,662 | €138,483 | ▼ 12.7% |
| Tangible fixed assets22/27 | €810,922 | €282,250 | €178,841 | €158,662 | €138,483 | ▼ 12.7% |
| Land and buildings22 | - | €282,250 | €140,078 | €133,209 | €126,340 | ▼ 5.2% |
| Plant, machinery and equipment23 | - | €0 | - | - | - | - |
| Furniture and vehicles24 | - | - | €38,763 | €25,453 | €12,143 | ▼ 52.3% |
| Current assets29/58 | €2,390 | €783,085 | €645,549 | €613,073 | €625,581 | ▲ 2.0% |
| Amounts receivable within one year40/41 | €58 | €0 | - | €124 | €631 | ▲ 407% |
| Trade receivables40 | - | €0 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €124 | €631 | ▲ 407% |
| Current investments50/53 | - | €570,413 | €484,506 | €595,821 | €474,871 | ▼ 20.3% |
| Cash at bank and in hand54/58 | - | €212,672 | €161,043 | €17,127 | €149,905 | ▲ 775% |
| Deferred charges and accrued income490/1 | - | €0 | - | - | €174 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €813,312 | €1.1m | €824,390 | €771,735 | €764,064 | ▼ 1.0% |
| Equity10/15 | €192,117 | €589,325 | €538,793 | €492,861 | €526,909 | ▲ 6.9% |
| Contributions10/11 | €92,960 | €92,960 | €92,960 | €92,960 | €92,960 | = |
| Capital10 | - | €92,960 | €92,960 | €92,960 | €92,960 | = |
| Issued capital100 | - | €92,960 | €92,960 | €92,960 | €92,960 | = |
| Reserves13 | €119,119 | €516,181 | €516,181 | €516,181 | €516,181 | = |
| Non-distributable reserves130/1 | - | €9,296 | €9,296 | €9,296 | €9,296 | = |
| Legal reserve130 | - | €9,296 | €9,296 | €9,296 | €9,296 | = |
| Tax-exempt reserves132 | - | €441,687 | €441,687 | €441,687 | €441,687 | = |
| Distributable reserves133 | - | €65,199 | €65,199 | €65,199 | €65,199 | = |
| Profit (loss) carried forward14 | -€19,962 | -€19,817 | -€70,349 | -€116,281 | -€82,233 | ▲ 29.3% |
| Provisions and deferred taxes16 | €25,541 | €147,229 | €147,229 | €147,229 | €147,229 | = |
| Deferred taxes168 | - | €147,229 | €147,229 | €147,229 | €147,229 | = |
| Amounts payable17/49 | €595,654 | €328,781 | €138,369 | €131,646 | €89,927 | ▼ 31.7% |
| Amounts payable after more than one year17 | €150,127 | €97,370 | €80,087 | €61,856 | €42,600 | ▼ 31.1% |
| Financial debts170/4 | - | €97,370 | €80,087 | €61,856 | €42,600 | ▼ 31.1% |
| Other amounts payable178/9 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €444,658 | €231,412 | €58,110 | €69,168 | €44,015 | ▼ 36.4% |
| Current portion of amounts payable after more than one year42 | - | €16,373 | €17,283 | €18,231 | €19,256 | ▲ 5.6% |
| Financial debts43 | - | €125,000 | €0 | - | - | - |
| Credit institutions430/8 | - | €125,000 | €0 | - | - | - |
| Trade debts44 | €3,207 | €1,632 | €357 | €396 | €510 | ▲ 28.9% |
| Suppliers440/4 | - | €1,632 | €357 | €396 | €510 | ▲ 28.9% |
| Taxes, remuneration and social security45 | - | €11,937 | €11,960 | €22 | €0 | ▼ 100% |
| Taxes450/3 | - | €11,937 | €11,960 | €22 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €76,470 | €28,511 | €50,519 | €24,249 | ▼ 52.0% |
| Accrued charges and deferred income492/3 | - | €0 | €171 | €621 | €3,312 | ▲ 433% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,341 | €397,208 | -€50,532 | -€45,932 | €34,048 | ▲ 174% |
| + Depreciation and write-downs630 | €36,260 | €6,213 | €7,902 | €20,179 | €20,179 | = |
| Operating cash flow (approximation) | €29,919 | €403,420 | -€42,630 | -€25,753 | €54,227 | ▲ 311% |
| Investment in fixed assets (approximation) | - | €522,459 | €95,507 | €0 | €0 | - |
| Change in cash | - | - | -€51,629 | -€143,916 | €132,778 | ▲ 192% |
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
Next filing, fiscal year 2026, expected by
2026
18-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €34,048
Net result €34,048 after 2 loss-making years.
31-12
Financial
Equity above €500,000Eq €526,909 ▲6.9%
Equity rises from €492,861 to €526,909.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€50,532
Net result drops to -€50,532, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 11.11
Current ratio from 3.38 to 11.11; short-term debt falls from €231,412 to €58,110.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €397,208
Net result €397,208 after 2 loss-making years.
31-12
Financial
Liquidity times 630current ratio 3.38
Current ratio from 0.01 to 3.38; short-term debt falls from €444,658 to €231,412.
31-12
Financial
Equity above €500,000Eq €589,325 ▲207%
Equity rises from €192,117 to €589,325.
Show earlier events
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
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.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tielt-Winge · 1 establishment unit since 1996
Ground area
4,107 m²
Building footprint
155 m²
Volume, LiDAR
937 m³
Parcel 24106C0037/00P000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
FEESTPALEIS
since 19962.075.500.783
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24106C0037/00P000 | Flanders | 4,107 m² | 1 · 155 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded18-12-1995
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0456930376
Also
9925:BE0456930376
Registered
01-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.