FEKA
ActiveSummary
FEKA has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.1m and a net result of -€15,343. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 39% of 316 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability48▼-21
Solvency58=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.24 in 2023; short-term debt: 55.7% and cash: 2.5% of total assets), and 66.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−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 2024Solvency, return and age of the figures
Solvency
33.2%
Return on assets
-0.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
27 d late
2022
28 d late
2021
8 d late
2020
26 d late
2019
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#4 oldest company in Saint-Vith, Manufacturing sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€15,343
2023 · €122,510
Working capital
€640,886▲ 32.8%
2023 · €482,647
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€61,888▼ 58.2%€157,900▲ 155%€131,921▼ 16.5%€252,017▲ 91.0%€72,425▼ 71.3%
Net result€6,259within the sector's middle half▼ 89.9%€89,174within the sector's middle half▲ 1,325%€55,883within the sector's middle half▼ 37.3%€122,510within the sector's middle half▲ 119%-€15,343below the sector's middle half
Equity€978,996within the sector's middle half▼ 0.5%€1.0mwithin the sector's middle half▲ 5.5%€1.1mwithin the sector's middle half▲ 2.0%€1.2mwithin the sector's middle half▲ 9.7%€1.1mwithin the sector's middle half▼ 3.1%
Total assets€3.3mwithin the sector's middle half▼ 5.8%€3.4mwithin the sector's middle half▲ 4.4%€3.6mwithin the sector's middle half▲ 5.0%€3.5mwithin the sector's middle half▼ 4.0%€3.4mwithin the sector's middle half▼ 2.1%
Debt€2.3m▼ 7.9%€2.4m▲ 4.1%€2.5m▲ 6.4%€2.3m▼ 9.6%€2.3m▼ 1.5%
Working capital€173,021▲ 63.4%€34,559▼ 80.0%€303,410▲ 778%€482,647▲ 59.1%€640,886▲ 32.8%
Solvency29.8%within the sector's middle half▲ 1.6pp30.2%within the sector's middle half▲ 0.3pp29.3%within the sector's middle half▼ 0.9pp33.5%within the sector's middle half▲ 4.2pp33.2%within the sector's middle half▼ 0.3pp
Staff (FTE)15.4within the sector's middle half▲ 14.9%14.6within the sector's middle half▼ 5.2%13.7within the sector's middle half▼ 6.2%13.9within the sector's middle half▲ 1.5%15within the sector's middle half▲ 7.9%
above
within
below
the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 71% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.4m
Fixed assets
€855,208 ▼ 12.8%
Current assets
€2.5m ▲ 2.1%
Equity and liabilities €3.4m
Equity
€1.1m ▼ 3.1%
Provisions
€7,804 ▼ 27.5%
Debt
€2.3m ▼ 1.5%
Debt's share of the balance-sheet total rises from 66.2% to 66.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€362,194▼
2023 · €512,232
Cash flow
€274,427▼
2023 · €382,725
Current ratio
1.34▲
2023 · 1.24
Quick ratio
0.32▲
2023 · 0.27
Debt to equity
2.01▲
2023 · 1.98
ROE
-1.4%▼
2023 · 10.6%
ROA
-0.5%▼
2023 · 3.5%
Interest coverage
3.57▼
2023 · 5.50
Debt ≤ 1 year
€1.9m▼
2023 · €2.0m
Debt > 1 year
€352,817▲
2023 · €283,848
Income taxes
€823▼
2023 · €43,813
Staff costs
€726,594▲
2023 · €698,060
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 8,594 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €18,048 | €16,949 | €19,503 | €6,994 | ▼ 64.1% |
| Remuneration, social security and pensions62 | - | €713,999 | €667,150 | €698,060 | €726,594 | ▲ 4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €235,301 | €247,116 | €253,142 | €260,214 | €289,769 | ▲ 11.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2,794 | - | €2,596 | - | - |
| Other operating charges640/8 | - | €23,353 | €24,008 | €30,750 | €35,073 | ▲ 14.1% |
| Non-recurring operating charges66A | - | - | €1,843 | - | - | - |
| Gross operating margin9900 | €1.0m | €1.1m | €1.1m | €1.2m | €1.1m | ▼ 9.6% |
| Operating profit (loss)9901 | €61,888 | €157,900 | €131,921 | €252,017 | €72,425 | ▼ 71.3% |
| Financial income75/76B | - | €11,835 | €13,732 | €4,403 | €11,615 | ▲ 164% |
| Recurring financial income75 | €16,829 | €11,835 | €13,732 | €4,403 | €11,615 | ▲ 164% |
| Financial charges65/66B | - | €59,892 | €63,429 | €93,064 | €101,526 | ▲ 9.1% |
| Recurring financial charges65 | €73,656 | €59,892 | €63,429 | €93,064 | €101,526 | ▲ 9.1% |
| Profit (loss) for the period before taxes9903 | €6,203 | €109,843 | €82,224 | €163,356 | -€17,487 | ▼ 111% |
| Transfer from deferred taxes780 | - | €2,967 | €2,967 | €2,967 | €2,967 | = |
| Income taxes67/77 | €2,911 | €23,636 | €29,308 | €43,813 | €823 | ▼ 98.1% |
| Profit (loss) for the period9904 | €6,259 | €89,174 | €55,883 | €122,510 | -€15,343 | ▼ 113% |
| Transfer from tax-exempt reserves789 | - | €18,750 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €6,259 | €107,924 | €55,883 | €122,510 | -€15,343 | ▼ 113% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.3m | €3.4m | €3.6m | €3.5m | €3.4m | ▼ 2.1% |
| Fixed assets21/28 | €1.1m | €1.2m | €1.0m | €980,905 | €855,208 | ▼ 12.8% |
| Tangible fixed assets22/27 | €1.1m | €1.2m | €1.0m | €942,041 | €816,344 | ▼ 13.3% |
| Land and buildings22 | - | €286,005 | €588,187 | €465,737 | €350,076 | ▼ 24.8% |
| Plant, machinery and equipment23 | - | €145,967 | €192,564 | €194,124 | €195,497 | ▲ 0.7% |
| Furniture and vehicles24 | - | €37,742 | €41,440 | €68,025 | €73,377 | ▲ 7.9% |
| Leasing and similar rights25 | - | €735,513 | €179,560 | €214,155 | €197,393 | ▼ 7.8% |
| Financial fixed assets28 | €37,395 | €37,395 | €38,864 | €38,864 | €38,864 | = |
| Current assets29/58 | €2.1m | €2.2m | €2.6m | €2.5m | €2.5m | ▲ 2.1% |
| Stocks and contracts in progress3 | €1.6m | €1.6m | €1.8m | €1.9m | €1.9m | ▼ 0.7% |
| Stocks30/36 | - | €1.6m | €1.8m | €1.9m | €1.9m | ▼ 0.7% |
| Amounts receivable within one year40/41 | €402,874 | €517,434 | €630,191 | €416,807 | €488,127 | ▲ 17.1% |
| Trade receivables40 | - | €487,159 | €623,135 | €414,188 | €450,732 | ▲ 8.8% |
| Other amounts receivable41 | - | €30,275 | €7,056 | €2,619 | €37,395 | ▲ 1,328% |
| Current investments50/53 | - | - | - | - | €0 | - |
| Cash at bank and in hand54/58 | €76,624 | €42,732 | €85,607 | €103,632 | €82,963 | ▼ 19.9% |
| Deferred charges and accrued income490/1 | - | €20,963 | €13,043 | €8,542 | €24,944 | ▲ 192% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.3m | €3.4m | €3.6m | €3.5m | €3.4m | ▼ 2.1% |
| Equity10/15 | €978,996 | €1.0m | €1.1m | €1.2m | €1.1m | ▼ 3.1% |
| Contributions10/11 | €0 | €220,000 | €220,000 | €220,000 | €220,000 | = |
| Reserves13 | €95,433 | €161,683 | €201,683 | €201,683 | €201,683 | = |
| Non-distributable reserves130/1 | - | €22,000 | €22,000 | €22,000 | €22,000 | = |
| Reserves not available under the articles1311 | - | €22,000 | €22,000 | €22,000 | €22,000 | = |
| Tax-exempt reserves132 | - | €69 | €69 | €69 | €69 | = |
| Distributable reserves133 | - | €139,614 | €179,614 | €179,614 | €179,614 | = |
| Profit (loss) carried forward14 | €595,230 | €593,154 | €584,037 | €696,548 | €671,205 | ▼ 3.6% |
| Investment grants15 | - | €57,685 | €47,363 | €37,202 | €27,302 | ▼ 26.6% |
| Provisions and deferred taxes16 | €19,672 | €16,705 | €13,738 | €10,771 | €7,804 | ▼ 27.5% |
| Deferred taxes168 | - | €16,705 | €13,738 | €10,771 | €7,804 | ▼ 27.5% |
| Amounts payable17/49 | €2.3m | €2.4m | €2.5m | €2.3m | €2.3m | ▼ 1.5% |
| Amounts payable after more than one year17 | €307,015 | €224,998 | €272,870 | €283,848 | €352,817 | ▲ 24.3% |
| Financial debts170/4 | - | €224,998 | €272,870 | €283,848 | €352,817 | ▲ 24.3% |
| Amounts payable within one year42/48 | €2.0m | €2.1m | €2.2m | €2.0m | €1.9m | ▼ 5.3% |
| Current portion of amounts payable after more than one year42 | - | €372,222 | €294,270 | €174,049 | €225,642 | ▲ 29.6% |
| Financial debts43 | - | €821,920 | €965,000 | €965,000 | €980,000 | ▲ 1.6% |
| Credit institutions430/8 | - | €821,920 | €965,000 | €965,000 | €980,000 | ▲ 1.6% |
| Trade debts44 | €305,015 | €537,609 | €466,404 | €445,511 | €437,263 | ▼ 1.9% |
| Suppliers440/4 | - | €537,609 | €466,404 | €445,511 | €437,263 | ▼ 1.9% |
| Taxes, remuneration and social security45 | - | €107,226 | €167,771 | €130,690 | €121,152 | ▼ 7.3% |
| Taxes450/3 | - | €10,705 | €73,176 | €28,756 | €33,988 | ▲ 18.2% |
| Remuneration and social security454/9 | - | €96,521 | €94,595 | €101,934 | €87,163 | ▼ 14.5% |
| Other amounts payable47/48 | - | €308,017 | €356,343 | €272,745 | €118,480 | ▼ 56.6% |
| Accrued charges and deferred income492/3 | - | €2,955 | €4,334 | €13,501 | €15,285 | ▲ 13.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,259 | €89,174 | €55,883 | €122,510 | -€15,343 | ▼ 113% |
| + Depreciation and write-downs630 | €235,301 | €247,116 | €253,142 | €260,214 | €289,769 | ▲ 11.4% |
| Operating cash flow (approximation) | €241,560 | €336,290 | €309,025 | €382,725 | €274,427 | ▼ 28.3% |
| Investment in fixed assets (approximation) | - | -€354,538 | -€51,135 | -€200,505 | -€164,072 | ▲ 18.2% |
| Change in cash | - | -€33,892 | €42,875 | €18,025 | -€20,669 | ▼ 215% |
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
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€15,343
Net result drops to -€15,343, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
31-12
Financial
Highest result since 2018net €122,510 ▲119%
Operating result €252,017, net result €122,510, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 8 days late
2021
31-12
Financial
Equity above €1mEq €1.0m ▲5.5%
4 profitable years in a row build equity to €1.0m.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Sankt Vith · 1 establishment unit since 1978
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rodter Strasse 112A4780 Sankt Vith1 establishment unit
FEKA Sankt-Vith
since 19782.102.263.479
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 2
-
100%
-
33.33%
According to the 2024 annual accounts of FEKA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 568 companies in sector 28120 we hold annual accounts for 492. 398 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
Founded22-02-1978
Fiscal year end31-12
Activities, NACEBEL 2025
28120Manufacture of machinery and equipment not elsewhere classified
33110Repair and maintenance of fabricated metal products
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
46620Wholesale of machine tools
95290Repair and maintenance of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0418070097
Also
9925:BE0418070097
Registered
19-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.