FEG
ActiveSummary
The computed 12-month bankruptcy probability of FEG is 2.4% (moderate). The 2024 annual accounts show equity of €358k and a net result of €8k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 53% of 3550 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability70▼-5
Solvency67▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 1.86 against 1.84 in 2023; short-term debt: 32.8% and cash: 24.4% of total assets), but 57.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
13 d early
2022
116 d early
2021
30 d early
2021
22 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8k▼ 84.8%
2023 · €51k
Working capital
€239k▼ 5.8%
2023 · €254k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212021202220232024
Operating result€275k-€340k-€21k▼ 93.8%€82k▲ 291%€25k▼ 69.7%
Net result€205k-€257k-€15k▼ 94.3%€51k▲ 248%€8k▼ 84.8%
Equity€211k-€468k-€504k▲ 7.7%€402k▼ 20.3%€358k▼ 11.0%
Total assets€617k-€909k-€907k▼ 0.2%€974k▲ 7.3%€848k▼ 12.9%
Debt€406k-€441k-€403k▼ 8.6%€572k▲ 41.9%€490k▼ 14.3%
Working capital€159k-€405k-€389k▼ 3.8%€254k▼ 34.7%€239k▼ 5.8%
Staff (FTE)1.8-2.4-3.4▲ 41.7%3.6▲ 5.9%5.2▲ 44.4%
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €848k
Fixed assets
€330k ▼ 20.8%
Current assets
€518k ▼ 7.0%
Equity and liabilities €848k
Equity
€358k ▼ 11.0%
Debt
€490k ▼ 14.3%
Debt's share of the balance-sheet total falls from 58.7% to 57.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€137k▼
2023 · €184k
Cash flow
€120k▼
2023 · €152k
Current ratio
1.86▲
2023 · 1.84
Debt to equity
1.37▼
2023 · 1.42
ROE
2.1%▼
2023 · 12.6%
ROA
0.9%▼
2023 · 5.2%
Interest coverage
16.70▼
2023 · 17.79
Debt ≤ 1 year
€279k▼
2023 · €303k
Debt > 1 year
€210k▼
2023 · €269k
Income taxes
€12k▼
2023 · €23k
Staff costs
€248k▲
2023 · €175k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €64k | €130k | €175k | €248k | ▲ 42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €59k | €23k | €57k | €102k | €112k | ▲ 10.3% |
| Other operating charges640/8 | - | €6k | €11k | €26k | €12k | ▼ 53.2% |
| Gross operating margin9900 | €423k | €433k | €219k | €384k | €397k | ▲ 3.4% |
| Operating profit (loss)9901 | €275k | €340k | €21k | €82k | €25k | ▼ 69.7% |
| Financial income75/76B | - | €12 | €5k | €2k | €3k | ▲ 46.1% |
| Recurring financial income75 | - | €12 | €5k | €2k | €3k | ▲ 46.1% |
| Financial charges65/66B | - | €4k | €7k | €10k | €8k | ▼ 20.7% |
| Recurring financial charges65 | €4k | €4k | €7k | €10k | €8k | ▼ 20.7% |
| Profit (loss) for the period before taxes9903 | €271k | €336k | €19k | €74k | €19k | ▼ 73.8% |
| Income taxes67/77 | €66k | €80k | €5k | €23k | €12k | ▼ 49.9% |
| Profit (loss) for the period9904 | €205k | €257k | €15k | €51k | €8k | ▼ 84.8% |
| Profit (loss) for the period to be appropriated9905 | €205k | €257k | €15k | €51k | €8k | ▼ 84.8% |
| Line | 2021 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €617k | €909k | €907k | €974k | €848k | ▼ 12.9% |
| Fixed assets21/28 | €278k | €286k | €367k | €417k | €330k | ▼ 20.8% |
| Intangible fixed assets21 | €2k | €1k | €732 | €173 | - | - |
| Tangible fixed assets22/27 | €276k | €284k | €366k | €417k | €330k | ▼ 20.8% |
| Land and buildings22 | - | €191k | €179k | €172k | €162k | ▼ 5.8% |
| Plant, machinery and equipment23 | - | €12k | €28k | €31k | €34k | ▲ 7.9% |
| Furniture and vehicles24 | - | €68k | €148k | €207k | €131k | ▼ 36.6% |
| Leasing and similar rights25 | - | €14k | €11k | €7k | €4k | ▼ 50.8% |
| Financial fixed assets28 | €363 | €363 | €363 | €363 | €363 | = |
| Current assets29/58 | €339k | €623k | €540k | €557k | €518k | ▼ 7.0% |
| Amounts receivable within one year40/41 | €159k | €305k | €260k | €228k | €277k | ▲ 21.7% |
| Trade receivables40 | - | €293k | €153k | €199k | €255k | ▲ 28.1% |
| Other amounts receivable41 | - | €11k | €106k | €29k | €22k | ▼ 22.8% |
| Cash at bank and in hand54/58 | €179k | €313k | €277k | €289k | €207k | ▼ 28.5% |
| Deferred charges and accrued income490/1 | - | €5k | €4k | €40k | €34k | ▼ 15.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €617k | €909k | €907k | €974k | €848k | ▼ 12.9% |
| Equity10/15 | €211k | €468k | €504k | €402k | €358k | ▼ 11.0% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | - | €460k | €475k | €375k | €325k | ▼ 13.3% |
| Distributable reserves133 | - | €460k | €475k | €375k | €325k | ▼ 13.3% |
| Profit (loss) carried forward14 | €205k | €2k | €2k | €915 | €9k | ▲ 840% |
| Investment grants15 | - | - | €22k | €20k | €18k | ▼ 8.8% |
| Amounts payable17/49 | €406k | €441k | €403k | €572k | €490k | ▼ 14.3% |
| Amounts payable after more than one year17 | €225k | €223k | €252k | €269k | €210k | ▼ 22.0% |
| Financial debts170/4 | - | €223k | €252k | €269k | €210k | ▼ 22.0% |
| Amounts payable within one year42/48 | €180k | €218k | €151k | €303k | €279k | ▼ 8.0% |
| Current portion of amounts payable after more than one year42 | - | €57k | €60k | €79k | €59k | ▼ 25.2% |
| Trade debts44 | €59k | €130k | €78k | €180k | €182k | ▲ 1.0% |
| Suppliers440/4 | - | €130k | €78k | €180k | €182k | ▲ 1.0% |
| Taxes, remuneration and social security45 | - | €16k | €13k | €37k | €37k | ▲ 1.3% |
| Taxes450/3 | - | €10k | €7k | €20k | €13k | ▼ 33.5% |
| Remuneration and social security454/9 | - | €5k | €6k | €17k | €24k | ▲ 42.0% |
| Other amounts payable47/48 | - | €16k | €0 | €7k | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €20 | €2k | ▲ 8,471% |
| Line | 2021 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €205k | €257k | €15k | €51k | €8k | ▼ 84.8% |
| + Depreciation and write-downs630 | €59k | €23k | €57k | €102k | €112k | ▲ 10.3% |
| Operating cash flow (approximation) | €264k | €280k | €71k | €152k | €120k | ▼ 21.3% |
| Investment in fixed assets (approximation) | - | - | €-138k | €-152k | €-25k | ▲ 83.4% |
| Change in cash | - | - | €-36k | €12k | €-82k | ▼ 799% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €8k ▼84.8%
Net result drops to €8k, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €500kEq €504k ▲7.7%
3 profitable years in a row build equity to €504k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2021net €257k ▲25%
Operating result €340k, net result €257k, both a record.
09-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Mons · 1 establishment unit since 2019
Ground area
96 m²
Building footprint
50 m²
Volume, LiDAR
429 m³
Parcel 53043B1237/00H013, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FEG
since 20192.295.719.388
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53043B1237/00H013indicative | Wallonia | 96 m² | 1 · 50 m² | 9.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,299 companies in sector 43350 we hold annual accounts for 2,360. 1,500 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
81210General cleaning of buildings
70200Business and other management consultancy
73300Public relations and communication consultancy
81220Other building cleaning and industrial cleaning
Contact
E-mail
fabien.gillez@gmail.com
Phone
+32470614813
Phone
0470614813Mons
Scores and ratios are computed by Checked and are not a credit decision.