Equity
€313,051 ▲ 87.1%
Equity rose in 2025 from €167,305 to €313,051.
FESTER
Overview
Lifetime
3 annual accounts with figures on one time axispeak €183,889 (2025)
€183,889▲ 15.2%
peak €145,745 (2025)
€145,745▲ 29.4%
peak €313,051 (2025)
€313,051▲ 87.1%
€52,442▲ 14.8%
Board1 name since 2023
1 directorVAN WAUWE Kristof Theofiel
Documentsfilings and deeds
27-04-202695 days before the deadline
2025micro format
Gross margin from €159,636 to €183,889Result from €112,612 to €145,745Equity from €167,305 to €313,051Cash from €118,189 to €336,367
Key points
from the 2025 annual accountsLiquidity
6.77 was 4.23 in 2024
Short-term debts rose from €45,691 to €52,442.
Position in the sector
€145,745
Higher net result than 91% of companies in head offices and management consultancy. Sector median €27,142 · 39,376 companies.
Checked score
98
Excellent
Financially stronger than 87% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025highest value
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
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 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 6.77, cash €336,367
Sector: Activities of head offices; management consultancy activities (NACE 70)
Equity €313,051 (85.7% of total assets)
Size: total assets €365,493
Calculation
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 70, micro). It does better than 86% of them on solvency, 92% on liquidity, 84% on profitability and 88% on growth.
The bankruptcy probability was computed on 08-11-2026 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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as FESTER has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FESTER itself is lower: < 0.1% within 12 months. It rests on far more data about FESTER than the profile alone.
Test of the method
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 39,278 companies, not a prediction for FESTER. 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.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.77 (4.23 in 2024), above the usual 1.5. Short-term debt is 14.3% and cash 92% of total assets. 14.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-04-2026, 95 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
95 days early
2024
59 days early
2023
71 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 75 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 May (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VAN WAUWE Kristof Theofiel founderdeed of 19-06-2023
- VAN WAUWE Kristof 100 sharesdeed of 19-06-2023
Recent changes
Incorporation
Founding capital of €1,500 · Founder: VAN WAUWE Kristof Theofiel · 100 shares · Appointment: VAN WAUWE Kristof Theofiel (director) · published on 19-06-2023 · Gazette deed
First establishment
Haantjeslei 78, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FESTER Antwerp | €365,493 | €183,889 | 85.7% | - |
| FV Consultancy Antwerp | €327,312 | €172,985 | 79.8% | - |
| Sagmarius Antwerp | €285,620 | €196,012 | 78.0% | - |
| ARIES CONSULT Antwerp | €361,744 | €177,597 | 76.7% | - |
| PVDK ADVISORY Bornem | €360,739 | €173,856 | 82.0% | - |
| 3764 Productions Mol | €406,362 | €185,457 | 70.8% | - |
| MATHAM Zoersel | €346,850 | €173,658 | 87.3% | - |
These companies have the same main activity as FESTER: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €286,000 and €406,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 15-06-2023Normal situation
- Activity
- Business and other management consultancyNACE 70200and 3 others
- Establishment unit
- 2.346.159.8832018 Antwerp, since 15-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €183,889▲ 15.2%
- ≈ €310,000estimated
- €145,745▲ 29.4%
- €313,051▲ 87.1%
- €365,493▲ 71.6%
- Filing
- Filed on 27-04-2026, 95 days before the end of the filing period
Insights on FESTER
FESTER files the micro format. That format states no turnover. The gross margin rose from €75,758 in 2023 to €183,889 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 27-04-2026, 95 days before the deadline€183,889
▲ 15.2%
€169,741
▲ 15.5%
€145,745
▲ 29.4%
€302,738
▲ 105%
85.7%
▲ 7.1 percentage points
6.77
▲ 2.54
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €310,000. Estimated: probably between €260,000 and €370,000.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €365,493 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
85.7%
Higher than 84% of 39,360 companies in 2025.
6.77
Higher than 84% of 38,044 companies in 2025.
39.9%
Higher than 80% of 38,516 companies in 2025.
FESTER
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
365,493 | 212,997 | 85,457 | |
21/28 |
10,313 | 19,615 | 31,839 | |
22/27 |
10,273 | 19,575 | 31,799 | |
23 |
4,965 | 2,444 | 3,777 | |
24 |
5,308 | 17,131 | 28,022 | |
28 |
40 | 40 | 40 | |
29/58 |
355,180 | 193,381 | 53,618 | |
40/41 |
17,514 | 13,968 | 16,638 | |
40 |
17,514 | 13,968 | 16,638 | |
50/53 |
0 | 59,826 | - | |
54/58 |
336,367 | 118,189 | 36,022 | |
490/1 |
1,298 | 1,398 | 958 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
365,493 | 212,997 | 85,457 | |
10/15 |
313,051 | 167,305 | 55,526 | |
10/11 |
1,500 | 1,500 | 1,500 | |
13 |
311,551 | 165,805 | 54,026 | |
133 |
311,551 | 165,805 | 54,026 | |
14 |
0 | - | - | |
17/49 |
52,442 | 45,691 | 29,931 | |
42/48 |
52,442 | 45,691 | 29,931 | |
44 |
1,727 | 606 | 1,013 | |
440/4 |
1,727 | 606 | 1,013 | |
45 |
49,559 | 42,540 | 14,841 | |
450/3 |
49,559 | 42,540 | 14,841 | |
47/48 |
1,156 | 2,546 | 14,078 | |
| Income statement | ||||
9900 |
183,889 | 159,636 | 75,758 | |
630 |
13,516 | 12,224 | 4,876 | |
640/8 |
632 | 462 | 1,176 | |
9901 |
169,741 | 146,951 | 69,706 | |
75/76B |
24,934 | 1 | - | |
75 |
24,934 | 1 | - | |
65/66B |
3,635 | 833 | 65 | |
65 |
3,635 | 833 | 65 | |
9903 |
191,040 | 146,119 | 69,641 | |
67/77 |
45,295 | 33,506 | 14,782 | |
9904 |
145,745 | 112,612 | 54,859 | |
9905 |
145,745 | 112,612 | 54,859 | |
| Appropriation of the result | ||||
9906 |
145,745 | 112,612 | 54,859 | |
691/2 |
145,745 | 111,779 | 54,026 | |
6921 |
145,745 | 111,779 | 54,026 | |
694/7 |
0 | 833 | 833 | |
694 |
0 | 833 | 833 | |
| Document | ||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 27-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 183,258 | 159,174 | 74,582 | ||
| 159,262 | 124,836 | 59,735 | ||
| 4,214 | 0 | 36,715 | ||
| 218,178 | 82,167 | - | ||
| 302,738 | 147,690 | 23,687 | ||
| 85.7% | 78.5% | 65.0% | ||
| 6.77 | 4.23 | 1.79 | ||
| 0.17 | 0.27 | 0.54 | ||
| 46.6% | 67.3% | 98.8% | ||
| 39.9% | 52.9% | 64.2% | ||
| 50.41 | over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €4,214 | - | €36,675 |
| Financial fixed assets | €0 | - | €40 |
| €13,516 | €12,224 | €4,876 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on FESTER
The operating result for 2025 is 16% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 21.5% to 14.3%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector
appointed by deed of 19-06-2023
term for the life of the company
listed in the 2025 annual accounts, filed on 27-04-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Het dagelijks bestuur omvat zowel de handelingen en beslissingen die niet verder reiken dan de behoeften van het dagelijkse leven van de…”deed of 19-06-2023
Mandates through the years
1 name, the dashed line is todayVAN WAUWE Kristof Theofiel
Director
Director
Board
Mandates as a list
- VAN WAUWE Kristof Theofiel
- Director, from 14-06-2023 to date
Control
Founders
VAN WAUWE Kristof Theofiel, VAN WAUWE Kristof
This company
FESTER
Equity €313,051
Profit €145,745 in 2025
Capital
- Contribution
- €1,500
- Shares
- 100
- Contribution per share
- €15
- Equity per share
- €3,131 in 2025
- Source
- deed of 19-06-2023
Articles of association
deed of 19-06-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of May at 17:00
Shareholders
At incorporation
deed of 19-06-2023 ↗
- VAN WAUWE Kristof Theofiel founder
- VAN WAUWE Kristof 100 shares (100%) · €1,500 in cash
Capital transactions
Capital over time
- 19-06-2023 Incorporation · 100 shares
- 19-06-2023 Incorporation · €1,500 · 100 shares
Network & group
No group
FESTER has no parent and no holdings in its annual accounts. VAN WAUWE Kristof Theofiel is the only director. FESTER shares no director with another company.
The LEI register names no parent.
At the same address
Haantjeslei 78, 2018 Antwerp · 2 other companies| Vereniging van Mede-eigenaars Residentie Haantjeshof te Antwerpen, Haantjeslei 78
registered office since 03-11-2011 |
founded in 2011 0843.635.427 |
| Sybers, Helena (sole trader)
establishment since 30-03-2009 |
founded in 2009 0811.191.204 |
Timeline
Timeline
9 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 95 days before the deadline
2025
Highest result from 2023 to 2025 net €145,745 ▲29.4% The operating result of €169,741 and the net result of €145,745 are both a record.
Equity above €200,000 equity €313,051 ▲87.1% With a profit in every financial year since 2023, equity grows to €313,051.
Annual accounts 2024 filed PDFabbreviated format · 59 days before the deadline
2024
Liquidity more than doubled current ratio 4.23 The current ratio rises from 1.79 to 4.23.
Equity above €150,000 equity €167,305 ▲201% With a profit in every financial year since 2023, equity grows to €167,305.
Annual accounts 2023 filed PDFabbreviated format · 71 days before the deadline
2023
IncorporationFounding capital of €1,500 · Founder: VAN WAUWE Kristof Theofiel · 100 shares · Appointment: VAN WAUWE Kristof Theofiel (director) · published on 19-06-20234 points ▸
- Founder, VAN WAUWE Kristof Theofiel
- 100 shares
- Founding capital, €1,500, 100 shares
- Director appointment, VAN WAUWE Kristof Theofiel
- The deed holds 1 more point.
First establishment Haantjeslei 78, Antwerp
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
FESTER was incorporated on 15 June 2023 as a private limited company by two natural persons, with a starting capital of €1,500.12 VAN WAUWE Kristof Theofiel is director of the company, appointed by deed of 19-06-2023.2 Total assets rose from €85,457 in 2023 to €365,493 in 2025.3
Company details
Identity
- Enterprise number
- 0802.781.896
- VAT number
- BE 0802.781.896
- Peppol ID
- 0208:0802781896
- LEI code
- 875500R02KOQYZ75MM22 live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 15-06-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of May at 17:00deed of 19-06-2023 (in Dutch)
- Peppol
- Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- FESTER in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 19-06-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”“Haantjeslei 78, bus 1, 2018 Antwerpen”deed of 19-06-2023 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
71121
Engineering activities
74909
Other professional, scientific and technical activities
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het begeleiden van bedrijven, ondernemingen, instellingen, verenigingen en privé-personen op het vlak van investerings- en…”deed of 19-06-2023 (in Dutch)
12 activities
- Het begeleiden van bedrijven, ondernemingen, instellingen, verenigingen en privé-personen op het vlak van investerings- en onderhoudsprojecten zoals onder meer maar niet beperkend: het bouwen van nieuwe installaties, productie-eenheden en dergelijke, het moderniseren van bestaande installaties. Dit vanaf het concept, de haalbaarheidsstudie tot en met het opstarten van de installaties en het onderhoud ervan.
- Alle vormen van consultancy en adviesverlening voor zover deze niet voorbehouden zijn aan gereglementeerde beroepen, tenzij de vennootschap zelf voldoet aan de wettelijke vereisten terzake;
- Bijstand en organisatie van administraties en bedrijven, en dit in hoofdzaak of in onderaanneming, voor zover deze niet voorbehouden zijn aan de gereglementeerde beroepen, tenzij de vennootschap zelf voldoet aan de wettelijke vereisten terzake;
- Bedrijven en administraties bijstaan, adviseren bij de uitvoering van hun activiteiten en alle dienstverlening van welke aard ook;
- Consultancyactiviteiten;
- Het verlenen van advies en praktische hulp aan bedrijven en personen;
- Participaties onder eender welke vorm te verwerven en aan te houden in vennootschappen en ondernemingen;
- Het deelnemen in of de directie voeren over andere vennootschappen en ondernemingen; het management en het bestuur van om het even welke ondernemingen en vennootschappen; het optreden als vereffenaar;
- Het verlenen van technische, administratieve of commerciële bijstand aan alle Belgische en buitenlandse ondernemingen; het verlenen van financiële bijstand;
- Haar patrimonium, bestaande uit onroerende en roerende goederen en rechten, te behouden, in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden; alle onroerende verrichtingen, inclusief onroerende leasing;
- De aankoop, verhuur, onderhoud en verkoop van alle roerende goederen – desgevallend ten behoeve van eigen handelsverrichtingen of voor handelsverrichtingen van derden – zoals alle soorten materieel, gereedschappen, machines, installaties en computers, soft- en hardware;
- Het aanvragen, verwerven, verhandelen en exploiteren van licenties, octrooien, merken en dergelijke.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Haantjeslei 78 registered office 2018 Antwerp | 15-06-2023 | 2.346.159.883 |
Buildings and parcels at the address
- Ground area
- 1,985 m²
- Buildings
- 26 m²
- Volume, LiDAR
- 310 m³
- Tallest building
- 12.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11810K1739/00X000 | 1,984 m² | 1 · 26 m² | 12.4 m · 4 |