Skip to content

FES

Active
Private limited company (pre-2019)founded 2004active for 22 yearsGenuastraat 11, 2000 Antwerpen, BelgiumKBO/BCE: BE 0862.528.948
Summary

FES has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €560,608 and a net result of €59,341. Equity is growing by about 4% per year across the filed financial years. Its solvency ranks better than 78% of 37,946 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€220,880turnover 2024
Equity
€560,608
Profit
€59,341
Financial health
92 Excellent Checked score 2024
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts 70 days overdue0 of 2 deeds read
Why 92lowers riskLiquidity: current ratio 3.82, cash €165,895Sector: Activities of head offices; management consultancy activities (NACE 70)Equity €560,608 (81.9% of total assets)Founded in 2004Show the evidence

Checked score

Score 2024
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 64% of its sector peers (NACE 70, micro)
Financial strength · tick = 2023
Strong
Solvency 100=
equity 81.9% of total assets
Liquidity 79+25
short-term debt 11.9% · cash 24.2%
Profitability 86-2
return on assets 8.7%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,298 companies, NACE 70, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.2%▲ +0.1 percentage points vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025highest value 10-2025: 0.1%▼ -0.3 percentage points vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.82, compared with 2.59 in 2023; short-term debt: 11.9% and cash: 24.2% of total assets), and 18.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 86% on solvency, 71% on liquidity, 55% on profitability and 46% on growth.

The bankruptcy probability was computed on 08-10-2026 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.

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

Credit check for your own amount and term

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

Signals

Five signals.
−lowers risk○neutral
lowers risk · Liquidity: current ratio 3.82, cash €165,895
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Equity €560,608 (81.9% of total assets)
NBB · annual accounts
lowers risk · Founded in 2004
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-09-2025, 50 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
50 days late
2023
41 days late
2022
26 days early
2021
4 days early
2020
15 days early
2019
1 day 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 8 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Equity above €500,000equity €501,266 ▲16.9%

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Positive: Among the best 11% on equitysector median €90,021 · 37,987 companies €560,608 View
  • Positive: 7 profitable years in a rowprofit 2024: €59,341 7 years View

By topic

Financials

Financial year
2024
Turnover
€220,880
Profit
€59,341
Solvency
81.9%
Turnover▼ 9.3%
Net result
20202024
Go to Financials

Timeline

Events
20
Since
2009
  1. 05-07-2023Annual accounts filed
  2. 27-07-2022Annual accounts filed
  3. 16-07-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Business and other management consultancyNACE 70200
Founded
08-01-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.