FEITHESS
ActiveFEITHESS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-159k) and a net result of €-2.31M. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 9% of 7779 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency33▼-13
Growth32=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.44 against 0.01 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-12.3%
Return on assets
-179.7%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€159k
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
5 d late
2023
29 d late
2022
23 d late
2021
30 d late
2020
30 d late
2019
59 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
06-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-159k
2024 · €2.15M
2020: €2.58M
2021: €2.48M
2022: €2.49M
2023: €2.43M
2024: €2.15M
2020 → 2025
Total assets
€1.29M▼ 78.2%
2024 · €5.90M
2020: €5.90M
2021: €5.83M
2022: €5.81M
2023: €5.95M
2024: €5.90M
2020 → 2025
Net result
€-2.31M▼ 739%
2024 · €-276k
2020: €161k
2021: €-102k
2022: €5k
2023: €-58k
2024: €-276k
2020 → 2025
Working capital
€-300k▲ 88.9%
2024 · €-2.71M
2020: €-1.64M
2021: €-1.89M
2022: €-2.08M
2023: €-2.33M
2024: €-2.71M
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.48M-€2.49M▲ 0.2%€2.43M▼ 2.3%€2.15M▼ 11.3%€-159k
Operating result€20k-€116k▲ 466%€69k▼ 40.2%€-118k€237k
Net result€-102k-€5k€-58k€-276k▼ 375%€-2.31M▼ 739%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €237k after a loss of €118k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.29M
Fixed assets
€1.05M▼ 82.0%
Current assets
€232k▲ 574%
Key figures and ratios
EBITDA
€328k▲
2024 · €-41k
Cash flow
€-2.22M▼
2024 · €-199k
Solvency
-12.3%▼
2024 · 36.5%
Current ratio
0.44▲
2024 · 0.01
Quick ratio
0.44▲
2024 · 0.01
Debt / equity
-9.11▼
2024 · 1.74
ROE
1457.6%▲
2024 · -12.8%
ROA
-179.7%▼
2024 · -4.7%
Interest coverage
4.65▲
2024 · -0.28
Debt
€1.44M▼
2024 · €3.75M
Debt ≤ 1 year
€532k▼
2024 · €2.75M
Debt > 1 year
€903k▼
2024 · €998k
Income taxes
€4k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Total assets20/58€5.90M€1.29M▼
Fixed assets21/28€5.87M€1.05M▼
Tangible fixed assets22/27€889k€945k▲
Financial fixed assets28€4.98M€109k▼
Current assets29/58€34k€232k▲
Amounts receivable within one year40/41€23k€147k▲
Cash & bank54/58€2k€54k▲
Total equity & liabilities10/49€5.90M€1.29M▼
Equity10/15€2.15M€-159k▼
Contributions / capital10/11€2.11M€2.11M=
Reserves13€314k€314k=
Accumulated profits (losses)14€-269k€-2.58M▼
Amounts payable17/49€3.75M€1.44M▼
Amounts payable after one year17€998k€903k▼
Amounts payable within one year42/48€2.75M€532k▼
Trade debts payable within one year44€19k€39k▲
Income statement
Code20242025
Gross operating margin9900€-34k€340k▲
Operating result9901€-118k€237k▲
Financial income75€50€17k▲
Financial charges65€148k€71k▼
Result before taxes9903€-271k€-2.31M▼
Income taxes67/77€5k€4k▼
Net result for the period9904€-276k€-2.31M▼
Result to be appropriated9905€-276k€-2.31M▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-2.31M
Net result drops to €-2.31M, the lowest in the series.
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 5 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 59 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
27-07
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.
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
GYMAR
BE 0418.033.475
Kruisem · Eq €2.15M
S&S Belux
BE 0806.891.035
Ternat · Eq €2.15M
CLAUDIA
BE 0417.436.134
Temse · Eq €2.08M
NEW T-CORE
BE 0811.713.915
Tervuren · Eq €1.98M
Chaussures Myrys
BE 0406.823.641
Charleroi · Eq €2.34M
Of 1,303 companies in sector 46423 we hold annual accounts for 774. 346 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-09-1996
Fiscal year end31-12
Activities, NACEBEL
46423Wholesale of clothing, excluding workwear and underwear
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 16-07-2026. Scores and ratios are computed by Checked and are not a credit decision.