FESTI
ActiveSummary
FESTI has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.32M and a net result of €235k. Equity is growing by ~21.8% per year across the filed fiscal years. Its solvency ranks better than 77% of 435 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-4
Solvency98▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 3.25 against 2.38 in 2024; short-term debt: 26.8% and cash: 4.7% of total assets), and 27.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.8%
Return on assets
12.9%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 01-12-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d late
2022
9 d late
2021
19 d late
2020
30 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€235k▼ 17.5%
2024 · €285k
2019: €177k
2020: €170k
2021: €-237k
2022: €156k
2023: €308k
2024: €285k
2019 → 2025
Working capital
€1.10M▲ 21.2%
2024 · €904k
2019: €300k
2020: €521k
2021: €341k
2022: €438k
2023: €670k
2024: €904k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€338k-€494k▲ 46.0%€802k▲ 62.4%€1.09M▲ 35.5%€1.32M▲ 21.6%
Operating result€-247k-€204k€460k▲ 125%€411k▼ 10.8%€333k▼ 19.0%
Net result€-237k-€156k€308k▲ 98.0%€285k▼ 7.5%€235k▼ 17.5%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.82M
Fixed assets
€235k ▲ 25.7%
Current assets
€1.58M ▲ 1.4%
Equity and liabilities €1.82M
Equity
€1.32M ▲ 21.6%
Debt
€495k ▼ 25.1%
The debt ratio falls from 37.8% to 27.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€478k▼
2024 · €528k
Cash flow
€380k▼
2024 · €402k
Current ratio
3.25▲
2024 · 2.38
Debt / equity
0.37▼
2024 · 0.61
ROE
17.8%▼
2024 · 26.2%
ROA
12.9%▼
2024 · 16.3%
Interest coverage
79.38▼
2024 · 89.22
Debt ≤ 1 year
€487k▼
2024 · €657k
Income taxes
€106k▼
2024 · €133k
Staff costs
€529k▲
2024 · €479k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.75M€1.82M▲
Fixed assets21/28€187k€235k▲
Intangible fixed assets21€34k€66k▲
Tangible fixed assets22/27€152k€169k▲
Plant, machinery and equipment23€13k€10k▼
Furniture and vehicles24€31k€36k▲
Other tangible fixed assets26€108k€122k▲
Financial fixed assets28€590€590=
Current assets29/58€1.56M€1.58M▲
Amounts receivable after more than one year29€117k€81k▼
Other amounts receivable291€117k€81k▼
Amounts receivable within one year40/41€872k€794k▼
Trade receivables40€29k€19k▼
Other amounts receivable41€843k€776k▼
Current investments50/53-€565k
Cash at bank and in hand54/58€513k€85k▼
Deferred charges and accrued income490/1€59k€58k▼
Equity and liabilities
Total equity and liabilities10/49€1.75M€1.82M▲
Equity10/15€1.09M€1.32M▲
Contributions10/11€6k€6k=
Reserves13€886k€1.12M▲
Tax-exempt reserves132€280k€403k▲
Distributable reserves133€607k€719k▲
Profit (loss) carried forward14€195k€195k=
Amounts payable17/49€661k€495k▼
Amounts payable within one year42/48€657k€487k▼
Current portion of amounts payable after more than one year42€3k-
Trade debts44€422k€361k▼
Suppliers440/4€422k€361k▼
Taxes, remuneration and social security45€156k€72k▼
Taxes450/3€73k€17k▼
Remuneration and social security454/9€83k€55k▼
Other amounts payable47/48€76k€54k▼
Accrued charges and deferred income492/3€4k€8k▲
Income statement
Code20242025
Non-recurring operating income76A€16k-
Remuneration, social security and pensions62€479k€529k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€117k€145k▲
Other operating charges640/8€7k€15k▲
Gross operating margin9900€1.01M€1.02M▲
Operating profit (loss)9901€411k€333k▼
Financial income75/76B€14k€14k▲
Recurring financial income75€14k€14k▲
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€419k€341k▼
Income taxes67/77€133k€106k▼
Profit (loss) for the period9904€285k€235k▼
Transfer to tax-exempt reserves689€57k€123k▲
Profit (loss) for the period to be appropriated9905€228k€112k▼
Appropriation of the result
Profit (loss) to be appropriated9906€423k€307k▼
Profit (loss) brought forward from the previous period14P€195k€195k=
Transfer to equity691/2€228k€112k▼
To other reserves6921€228k€112k▼
Social balance
Average headcount (FTE)908710.510.5=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
01-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
31-03
Financial
Equity above €1MEq €1.09M ▲35.5%
3 profitable years in a row build equity to €1.09M.
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
31-03
Financial
Highest result since 2019net €308k ▲98%
Operating result €460k, net result €308k, both a record.
31-03
Financial
Equity above €500kEq €802k ▲62.4%
2 profitable years in a row build equity to €802k.
2022
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 9 days late
31-03
Financial
Back to profitnet €156k
Net result €156k after one loss-making year.
2021
19-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
31-03
Financial
Weakest financial yearnet €-237k ▼240%
Net result drops to €-237k, the lowest in the series; recovery starts the following year.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
31-03
Financial
Equity above €500kEq €576k ▲41.7%
2 profitable years in a row build equity to €576k.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 2 establishment units since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Boondaalse Steenweg 152-1541050 ElseneGround area
4,505 m²
Building footprint
2,334 m²
Volume, LiDAR
13,675 m³
2 parcels, Brussels, Flanders · tallest building 14.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
FESTI RENT
since 19982.085.673.511
FESTI
since 20262.383.715.711
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001B0011/00H000 | Flanders | 3,397 m² | 1 · 1,700 m² | 7.8 m · 2 fl. |
| 21443C0191/00P015 | Brussels | 1,107 m² | 1 · 634 m² | 14.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
54930010FUC5MSWYYW59
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FEMAT LOCATION
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Of 303 companies in sector 77223 we hold annual accounts for 138. 65 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-02-1998
Fiscal year end31-03
Activities, NACEBEL
71340
71408
77223Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
93299Other amusement and recreation activities
46349Wholesale of beverages, general range
46412Wholesale of household textiles and bedding
46499Wholesale of other household goods
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
77392Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.