Result
Back in profit in 2025, after a loss of €23,702 in 2024.
Back in profit in 2025, after a loss of €23,702 in 2024.
Of this, €1.1m falls due within a year.
The last five annual accounts were filed 5 to 156 days before the end of the period.
The dashed line is the sector median: 0.3% across 136 companies (NACE 18, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 18, small). It does better than 37% of them on solvency, 19% on liquidity, 40% on profitability and 82% on growth.
The bankruptcy probability was computed on 07-11-2026 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).
In July 2024, 4,685 companies had the same profile as FEMAPRINT has now. Each dot stands for 12 companies, two years later.
That fits the bankruptcy probability of FEMAPRINT itself: 0.2% within 12 months.
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.
| 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 4,685 companies, not a prediction for FEMAPRINT. 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.
Liquidity is tight, with a current ratio of 1.07 (1.02 in 2024), below the usual 1.5. Short-term debt is 70.8% and cash 13.1% of total assets. 73.5% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 70 days before the deadline. In the sector (NACE 18), the median for financial year 2024 was 5 days before the deadline, and 38% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| FEMAPRINT Wingene | €4.6m | 2.4% | 26.5% | 18.2 |
| PIKT-O-NORM Antwerp | - | - | 39.5% | 23.8 |
| UITGEVERIJ PEETERS Leuven | - | - | 71.2% | 17.5 |
| DRUKKERIJ GYSEMBERG Maasmechelen | €5.0m | 6.9% | 48.5% | 17.5 |
| CIACO Ottignies-Louvain-la-Neuve | €4.9m | -2.8% | 19.0% | 25.9 |
| Unit Kontich | - | - | 52.6% | 18.1 |
| DRUKKERIJ ATLANTA Diest | - | - | 90.3% | 14.7 |
Grey: the largest companies of the sector (printing (NACE 18)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as FEMAPRINT: other printing (NACE 18120). They are comparable in size and age: total assets between €1.1m and €2.5m, founded between 1970 and 1980.
FEMAPRINT has existed since 1977. The gross margin grew from €764,999 in 2006 to €1.4m in 2025 and staff from 13.1 to 18.2 full-time equivalents.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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