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Fefra

Active Private limited companyfounded 2024active for 2 yearsZandkuil 10, 2200 HerentalsKBO/BCE: BE 1015.871.201

Overview

Lifetime

1 annual account with figures
peak €22,167 (2025)
€22,167 
peak €17,538 (2025)
€17,538 
peak €19,538 (2025)
€19,538 
€11,950 
Board1 name since 2024
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €88,000 estimated

The abbreviated format states no turnover.

Position in the sector

€19,538

Less equity than 85% of companies in head offices and management consultancy. Sector median €323,509 · 10,868 companies.

2025 accounts filed 31 days after the deadline

Checked score

97
Excellent
Financially stronger than 73% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).

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

Last 24 months 12-2025: 0.4% 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026highest value 08-2026: 0.5%● unchanged vs 07-2026 09-2026: < 0.1%▼ -0.5 percentage points vs 08-2026lowest value 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

87equity 62.1% of total assets
87short-term debt 31.6% · cash 50.0%
100return on assets 55.7%

Score breakdown

raises risk
Founded in 2024
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 3.09, cash €15,733
Calculation

The band follows from the bankruptcy probability. 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 70, micro). It does better than 57% of them on solvency, 79% on liquidity and 84% on profitability.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as Fefra has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Fefra itself is lower: 0.1% within 12 months. It rests on far more data about Fefra than the profile alone.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 39,278 companies, not a prediction for Fefra. 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

Credit of up to €1,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.09, above the usual 1.5. Short-term debt is 31.6% and cash 50% of total assets. 37.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 3.09, cash €15,733
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

VD
Director, since 04-11-2024
  • VAN DEN BULCK Gert Denis Paula 100 sharesdeed of 06-11-2024
  • VAN LOY Carine Francine Jozefina 100 sharesdeed of 06-11-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1015871201
Incorporation Founders: VAN DEN BULCK Gert Denis Paula and VAN LOY Carine Francine Jozefina · 200 shares · Appointment: VAN DEN BULCK Gert Denis Paula (director) · published on 06-11-2024 · Gazette deed
First establishment Zandkuil 10, Herentals
All 4 events

Comparable companies

same main activity, similar in size and age
Company
Fefra Herentals €31,488 €22,167 62.1% -
Clayton Boom €31,680 €21,891 51.0% -
Vauch Schilde €27,977 €21,728 52.3% -
MAAR Consulting Hoogstraten €35,120 €20,974 38.1% -
Domus Pedis Turnhout €32,392 €23,063 59.0% -
ANNA.lab Antwerp €37,353 €22,561 77.4% -
A.C. Packaging & Innovation Beveren-Kruibeke-Zwijndrecht €35,788 €20,436 40.4% -

These companies have the same main activity as Fefra: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €28,000 and €37,400, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 04-11-2024Normal situation
Activity
Business and other management consultancyNACE 70200and 3 others
Establishment unit
2.367.976.7672200 Herentals, since 04-11-2024
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€22,167
€17,538
€19,538
€31,488
Filing
Filed on 31-08-2026
Financials

Insights on Fefra

Fefra has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,538 and a net result of €17,538.

Its solvency ranks better than 59% of 10,858 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 31-08-2026, 31 days late
€22,167
€21,965
€17,538
€20,813
62.1%
3.09

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €88,000. Estimated: probably between €39,000 and €220,000.

Balance sheet

balance sheet total €31,488 on 31-12-2025
What the company ownsHow it is paid for

Position in the sector

62.1%

Higher than 59% of 10,858 companies in 2025.

3.09

Higher than 69% of 10,480 companies in 2025.

55.7%

Higher than 95% of 10,727 companies in 2025.

Fefra Middle half of the sector 80% of the sector Abbreviated accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025
Balance sheet: assets
20/58 31,488
21/28 725
22/27 725
24 725
29/58 30,763
40/41 15,030
40 12,463
41 2,567
54/58 15,733
Balance sheet: equity and liabilities
10/49 31,488
10/15 19,538
10/11 2,000
11 2,000
1109/19 2,000
13 17,538
133 17,538
17/49 11,950
42/48 9,950
44 2,543
440/4 2,543
45 7,407
450/3 7,407
492/3 2,000
Income statement
9900 22,167
630 82
640/8 120
9901 21,965
75/76B 96
75 96
65/66B 52
65 52
9903 22,008
67/77 4,470
9904 17,538
9905 17,538
Appropriation of the result
9906 17,538
691/2 17,538
6921 17,538
Document PDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00472018.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 31-08-2026 2026-00472018 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025
22,047
17,620
807
20,813
62.1%
3.09
0.61
89.8%
55.7%
over 100

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item2025
Tangible fixed assets€807
€82

Source: notes to the 2025 annual accounts (statement of fixed assets)

Insights on Fefra

Debt's share of the balance-sheet total is 37.9%.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 04-11-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 31-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 06-11-2024

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
VAN DEN BULCK Gert Denis Paula
Director (not named in the articles)
Board
Mandates as a list
  • VAN DEN BULCK Gert Denis Paula
    • Director (not named in the articles), from 04-11-2024 to date

See the board, name and registered office on a given date →

Control

Founders
VAN DEN BULCK Gert Denis Paula, VAN LOY Carine Francine Jozefina
This company
Fefra
Equity €19,538
Profit €17,538 in 2025

Capital

Contribution
€2,000
Shares
200
Contribution per share
€10
Equity per share
€97.69 in 2025
Source
2025 annual accounts

Articles of association

deed of 06-11-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
21 May at 18:00

Shareholders

At incorporation deed of 06-11-2024 ↗

Network & group

No group

Fefra has no parent and no holdings in its annual accounts. VAN DEN BULCK Gert Denis Paula is the only director. Fefra shares no director with another company.

Timeline

Timeline

4 events since 2024
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:1015871201
Annual accounts 2025 filed NBBabbreviated format · 31 days late
2024
IncorporationFounders: VAN DEN BULCK Gert Denis Paula and VAN LOY Carine Francine Jozefina · 200 shares · Appointment: VAN DEN BULCK Gert Denis Paula (director) · published on 06-11-20245 points ▸

Open the deed in the Belgian Official Gazette

First establishment Zandkuil 10, Herentals

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Identity

Enterprise number
1015.871.201
VAT number
BE 1015.871.201
Peppol ID
0208:1015871201
Legal form
Private limited company
Status
Active, normal situation
Founded
04-11-2024
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
21 May at 18:00
deed of 06-11-2024 (in Dutch)
Peppol
Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Fefra in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 06-11-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Zandkuil 10, 2200 Herentals (Noorderwijk)”
deed of 06-11-2024 (in Dutch)

Activities

NACEBEL 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle mogelijke activiteiten die verband houden met het verlenen van consultancy, opleiding, technische expertise en bijstand; Het verlenen…”
7 activities
  1. Alle mogelijke activiteiten die verband houden met het verlenen van consultancy, opleiding, technische expertise en bijstand
  2. Het verlenen van bijstand, advies en leiding geven aan bedrijven, privépersonen en instellingen, voornamelijk doch niet uitsluitend op het vlak van management, uitbouw en ontwikkeling van een patrimonium, de bouw van residentiële en industriële gebouwen, grondwerken, transport, dit alles in de meest ruime betekenis
  3. Ontwikkeling en bouw van residentiële en industriële gebouwen
  4. Grondwerken
  5. Transport
  6. Het waarnemen van de functie van bestuurder, manager of mandataris in ondernemingen en vennootschappen
  7. Het verwerven, vervreemden en beheren van allerhande goederen, zowel roerende als onroerende
deed of 06-11-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Zandkuil 10 registered office 2200 Herentals 04-11-2024 2.367.976.767

Buildings and parcels at the address

Ground area
683 m²
Buildings
123 m²
Volume, LiDAR
662 m³
Tallest building
8.3 m
Buildings to scale, each on its own parcel
123 m², 8.3 m 123 m², 8.3 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
13027D0059/00M003682 m² 1 · 123 m² 8.3 m · 2

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1015.871.201