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FESTCON

Active
Private limited companyfounded 2014active for 11 yearsFraterstraat 45, 9820 Merelbeke-Melle, Belgium18 active companies are registered at this addressKBO/BCE: BE 0505.914.584
Summary

FESTCON has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €195,407 and a net result of -€46,171. Its solvency ranks better than 84% of 38,786 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€228,867total assets 2025
Equity
€195,407
Loss
-€46,171
Turnover not published (micro format)
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Holdings
1
Accounts filed 28 days late1 of 3 deeds read
Why 87raises risk1 change of registered office in 24 monthsLoss of €46,171 (financial year 2025)lowers riskLiquidity: current ratio 5.66, cash €64,009Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 70, micro)
Financial strength
Strong
Solvency 100
equity 85.4% of total assets
Liquidity 82
short-term debt 14.6% · cash 28.0%
Profitability 0
return on assets -20.2%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,334 companies, NACE 70, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.3%▼ -0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.7%▲ +0.4 percentage points vs 12-2025highest value 02-2026: 0.7%● unchanged vs 01-2026highest value 03-2026: 0.7%● unchanged vs 02-2026highest value 04-2026: 0.7%● unchanged vs 03-2026highest value 05-2026: 0.7%● unchanged vs 04-2026highest value 06-2026: 0.7%● unchanged vs 05-2026highest value 07-2026: 0.7%● unchanged vs 06-2026highest value 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.3%▼ -0.4 percentage points vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.66, above the usual 1.5; short-term debt: 14.6% and cash: 28% of total assets), and 14.6% of the assets are financed with debt and provisions.
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, 74% on liquidity and 4% on profitability.

The bankruptcy probability was computed on 14-10-2026 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).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Loss of €46,171 (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 5.66, cash €64,009
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
28 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Resignation: Steven Feys (manager)Reappointment: Steven Feys (director) ·…

Key points

  • Caution: Among the weakest 5% on net resultsector median €27,385 · 38,802 companies -€46,171 View
  • One director decidessole director in office 1 View
  • Total assets 2025first financial year filed €228,867 View

By topic

Financials

Financial year
2025
Total assets
€228,867
Loss
-€46,171
Solvency
85.4%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Business and other management consultancyNACE 70200
Founded
09-11-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
16
Purpose
“Het verlenen van bijstand, advies en leiding aan bedrijven, privépersonen en instellingen…” (deed in Dutch)
Go to Articles of association

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