FESTERS
ActiveSummary
FESTERS has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €66,814. Equity has been growing by about 3.6% per year since 2018. Its solvency ranks better than 88% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 04-04-1986 Normal situation
- Activity
- Floor and wall tiling NACE 43331and 2 others
- Joint committees
- 124 Paritair Comité voor het bouwbedrijf
- 200 Aanvullend Paritair Comité voor de bedienden
- 100 Aanvullend Paritair Comité voor de werklieden · annual accounts 2025
- Establishment unit
- 2.031.873.846 3770 Riemst, since 28-04-1986
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €464,026
- ▲ 17.7%
- Turnover
- ≈ €1.4m
- estimated
- Profit
- €66,814
- ▲ 40.8%
- Equity
- €1.3m
- ▲ 5.5%
- Total assets
- €1.6m
- ▲ 0.3%
- Employees on 31-12-2025
- 5
- =
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 6.93, cash €405,346Equity €1.3m (80.9% of total assets)Founded in 1986Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 90% of them on solvency, 80% on liquidity, 47% on profitability and 48% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 15 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-07-2026 at the NBB all 40 filings
Every figure per financial year
The operating result for 2025 is 30% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
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.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 5 | 5 | 5 | 5 | 5 |
| full-time | 5 | 5 | 5 | 5 | 5 |
| in full-time equivalents | 5 | 5 | 5 | 5 | 5 |
| Average over the year, in full-time equivalents | 4.3 | 5 | 5 | 5 | 5 |
| On a permanent contract | 5 | 5 | 5 | 5 | 5 |
| Joined | 1 | - | - | 2 | - |
| Left | 0 | - | - | 2 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €33,348 | €22,912 | €88,122 | €74,658 | €34,242 |
| Depreciation and write-downs of the year | €62,031 | €64,945 | €83,345 | €93,943 | €100,801 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 5 entries · €1,994 awarded · €1,845 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €149 | €0 |
| 2024 | 1 | €1,000 | €1,000 |
| 2023 | 2 | €500 | €643 |
| 2022 | 1 | €345 | €202 |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €122,135 | €135,656 | €162,666 | €226,489 | €268,088 | ▲ 18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €78,825 | €67,103 | €60,554 | €62,031 | €64,945 | €83,345 | €93,943 | €100,801 | ▲ 7.3% |
| Other operating charges640/8 | - | - | - | €2,135 | €1,552 | €1,148 | €1,608 | €1,498 | ▼ 6.8% |
| Gross operating margin9900 | €205,321 | €273,491 | €269,405 | €263,030 | €291,542 | €308,541 | €394,297 | €464,026 | ▲ 17.7% |
| Operating profit (loss)9901 | €29,309 | €56,979 | €80,302 | €76,729 | €89,388 | €61,382 | €72,257 | €93,639 | ▲ 29.6% |
| Financial income75/76B | - | - | - | €3,939 | €4,936 | €3,781 | €3,263 | €6,550 | ▲ 101% |
| Recurring financial income75 | €172 | €261 | €1 | €3,939 | €4,936 | €3,781 | €3,263 | €6,550 | ▲ 101% |
| Financial charges65/66B | - | - | - | €7,932 | €6,573 | €7,202 | €9,218 | €7,310 | ▼ 20.7% |
| Recurring financial charges65 | €16,036 | €8,686 | €8,068 | €7,932 | €6,573 | €7,202 | €9,218 | €7,310 | ▼ 20.7% |
| Profit (loss) for the period before taxes9903 | €13,445 | €48,554 | €72,234 | €72,737 | €87,751 | €57,961 | €66,302 | €92,879 | ▲ 40.1% |
| Income taxes67/77 | €1,222 | €4,414 | €18,613 | €21,927 | €23,748 | €16,620 | €18,839 | €26,065 | ▲ 38.4% |
| Profit (loss) for the period9904 | €12,223 | €44,140 | €53,621 | €50,811 | €64,004 | €41,340 | €47,463 | €66,814 | ▲ 40.8% |
| Profit (loss) for the period to be appropriated9905 | €12,223 | €44,140 | €57,900 | €50,811 | €64,004 | €41,340 | €47,463 | €66,814 | ▲ 40.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.6m | €1.6m | €1.6m | ▲ 0.3% |
| Fixed assets21/28 | €1.2m | €1.2m | €1.2m | €1.2m | €1.1m | €1.1m | €1.1m | €1.0m | ▼ 6.0% |
| Tangible fixed assets22/27 | €1.2m | €1.2m | €1.2m | €1.2m | €1.1m | €1.1m | €1.1m | €1.0m | ▼ 6.0% |
| Land and buildings22 | - | - | - | €1.1m | €1.1m | €1.0m | €1.0m | €0.9m | ▼ 6.3% |
| Plant, machinery and equipment23 | - | - | - | €0.007m | €0.004m | €0.003m | €0.001m | €0.001m | ▲ 18.9% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.007m | €0.07m | €0.1m | €0.1m | ▼ 4.1% |
| Financial fixed assets28 | €135 | €135 | €135 | €135 | €135 | €135 | €135 | €135 | = |
| Current assets29/58 | €0.2m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | €0.5m | €0.5m | ▲ 15.5% |
| Stocks and contracts in progress3 | €0.06m | €0.07m | €0.09m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 11.2% |
| Stocks30/36 | - | - | - | €0.08m | €0.08m | €0.09m | €0.1m | €0.09m | ▼ 2.3% |
| Contracts in progress37 | - | - | - | €0.04m | €0.03m | €0.04m | €0.02m | €0.01m | ▼ 49.9% |
| Amounts receivable within one year40/41 | €0.05m | €0.09m | €0.07m | €0.1m | €0.03m | €0.07m | €0.04m | €0.02m | ▼ 42.4% |
| Trade receivables40 | - | - | - | €0.07m | €0.02m | €0.06m | €0.04m | €0.02m | ▼ 44.6% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.01m | €0.01m | €0.001m | €0.002m | ▲ 22.2% |
| Current investments50/53 | - | - | - | - | - | - | €0.1m | - | - |
| Cash at bank and in hand54/58 | €0.02m | €0.03m | €0.07m | €0.2m | €0.3m | €0.2m | €0.2m | €0.4m | ▲ 105% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.004m | €0.008m | €0.007m | €0.003m | ▼ 60.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.6m | €1.6m | €1.6m | ▲ 0.3% |
| Equity10/15 | €1.0m | €1.0m | €1.1m | €1.1m | €1.2m | €1.2m | €1.2m | €1.3m | ▲ 5.5% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €1.0m | €1.0m | €1.1m | €1.1m | €1.1m | €1.1m | €1.2m | €1.3m | ▲ 5.6% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | €1.1m | €1.1m | €1.1m | €1.2m | €1.3m | ▲ 5.6% |
| Amounts payable17/49 | €0.5m | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 16.9% |
| Amounts payable after more than one year17 | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 16.2% |
| Financial debts170/4 | - | - | - | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 16.2% |
| Amounts payable within one year42/48 | €0.05m | €0.09m | €0.06m | €0.07m | €0.07m | €0.09m | €0.1m | €0.08m | ▼ 18.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.03m | €0.04m | €0.04m | €0.04m | ▲ 2.2% |
| Trade debts44 | €0.006m | €263 | €0.01m | €0.02m | €0.006m | €0.002m | €0.01m | €0.004m | ▼ 59.9% |
| Suppliers440/4 | - | - | - | €0.02m | €0.006m | €0.002m | €0.01m | €0.004m | ▼ 59.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.02m | €0.02m | €0.009m | €0.01m | ▲ 52.0% |
| Taxes450/3 | - | - | - | €0.02m | €0.02m | €0.02m | €0.009m | €0.01m | ▲ 52.0% |
| Other amounts payable47/48 | - | - | - | €0.002m | €0.003m | €0.03m | €0.03m | €0.02m | ▼ 51.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €0.003m | €0.002m | ▼ 32.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,223 | €44,140 | €53,621 | €50,811 | €64,004 | €41,340 | €47,463 | €66,814 | ▲ 40.8% |
| + Depreciation and write-downs630 | €78,825 | €67,103 | €60,554 | €62,031 | €64,945 | €83,345 | €93,943 | €100,801 | ▲ 7.3% |
| Operating cash flow (approximation) | €91,048 | €111,243 | €114,176 | €112,842 | €128,949 | €124,685 | €141,406 | €167,615 | ▲ 18.5% |
| Investment in fixed assets (approximation) | - | -€54,422 | -€14,113 | -€33,348 | -€22,912 | -€88,122 | -€74,658 | -€34,242 | ▲ 54.1% |
| Change in cash | - | €8,431 | €47,120 | €83,781 | €119,792 | -€56,897 | -€23,389 | €207,254 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as FESTERS has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FESTERS itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 17,041 companies, not a prediction for FESTERS. 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.
Latest 10 of 40 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-07-2026 | 2026-00349637 | |
| 31-12-2024 | abbreviated format | 25-07-2025 | 2025-00311248 | |
| 31-12-2023 | abbreviated format | 02-07-2024 | 2024-00211109 | |
| 31-12-2022 | abbreviated format | 22-08-2023 | 2023-00341602 | |
| 31-12-2021 | abbreviated format | 27-07-2022 | 2022-20230696 | |
| 31-12-2020 | abbreviated format | 30-08-2021 | 2021-57900227 | |
| 31-12-2019 | abbreviated format | 31-10-2020 | 2020-67100354 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-56800163 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-58200489 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-56200163 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 03-06-2024 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| FESTERS Jan |
|
| FESTERS Henri Gustaaf Maria |
|
| FESTERS Justin Henri Christine |
|
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “1500, gelijk stemrecht”
Articles of association, deed of 03-06-2024 (in Dutch)
Network & group
FESTERS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of FESTERS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
03-06
Gazette deed
2 directors resigning, 3 reappointedResignations: FESTERS Henri Gustaaf Maria (director) and FESTERS Justin Henri Christine (director) · Reappointments: FESTERS Henri Gustaaf Maria, FESTERS Jan and FESTERS Justin Henri Christine · Capital conversion16 points ▸
- General meeting, 15-05-2024
- Other provision, “aanpassing aan WVV en behoud rechtsvorm, statuten aanpassen aan WVV” (deed in Dutch)
- Capital conversion, “statutair onbeschikbaar eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing aangelegde statutair onbeschikbare eigen vermogensrekening, uitkering pas na balans-en liquiditeitstest overeenkomstig artikelen 5:142 en 5:143 WVV” (deed in Dutch)
- Amendment of the articles
- Other provision, “statutair onbeschikbaar eigen vermogen” (deed in Dutch)
- Director resignation, FESTERS Henri Gustaaf Maria (director)
- Director resignation, FESTERS Justin Henri Christine (director)
- Director discharge, FESTERS Henri Gustaaf Maria
- Director discharge, FESTERS Justin Henri Christine
- Director reappointment, FESTERS Henri Gustaaf Maria (director (not named in the articles))
- Director reappointment, FESTERS Jan (director (not named in the articles))
- The act holds 4 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0428.804.930
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Dual-learning approval
1 live approval · 3 endedShow 3 ended approvals
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 73027B0938/00K000 | Flanders | 445 m² | 1 · 273 m² | 12.4 m · 3 |