FESTIVARIA
ActiveFESTIVARIA has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €616k and a net result of €20k. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 87% of 428 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent▼ -16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-25
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 5.75 against 3.56 in 2024), and 13.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
86.6%
Return on assets
2.8%
Age of the figures
8 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
44 d early
2023
47 d early
2022
28 d early
2021
23 d early
2020
19 d early
2019
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€20k▼ 59.5%
2024 · €49k
2018: €6k
2019: €38k
2020: €7k
2021: €28k
2022: €45k
2023: €26k
2024: €49k
2018 → 2025
Working capital
€228k▲ 15.8%
2024 · €197k
2018: €431k
2019: €387k
2020: €98k
2021: €83k
2022: €129k
2023: €168k
2024: €197k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€500k-€535k▲ 7.1%€562k▲ 4.9%€596k▲ 6.1%€616k▲ 3.3%
Operating result€28k-€49k▲ 75.4%€32k▼ 34.4%€68k▲ 109%€26k▼ 62.1%
Net result€28k-€45k▲ 61.8%€26k▼ 41.7%€49k▲ 85.8%€20k▼ 59.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 62% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €711k
Fixed assets
€435k▼ 5.7%
Current assets
€276k▲ 0.8%
Equity and liabilities €711k
Equity
€616k▲ 3.3%
Debt
€95k▼ 31.7%
The debt ratio falls from 19.0% to 13.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€52k▼
2024 · €92k
Cash flow
€46k▼
2024 · €73k
Solvency
86.6%▲
2024 · 81.0%
Current ratio
5.75▲
2024 · 3.56
Quick ratio
5.75▲
2024 · 3.56
Debt / equity
0.15▼
2024 · 0.23
ROE
3.2%▼
2024 · 8.2%
ROA
2.8%▼
2024 · 6.7%
Debt
€95k▼
2024 · €140k
Debt ≤ 1 year
€48k▼
2024 · €77k
Debt > 1 year
€44k▼
2024 · €59k
Income taxes
€7k▼
2024 · €17k
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
Balance sheet
Code20242025
Assets
Total assets20/58€736k€711k▼
Fixed assets21/28€462k€435k▼
Tangible fixed assets22/27€461k€435k▼
Land and buildings22€446k€423k▼
Plant, machinery and equipment23€25-
Furniture and vehicles24€16k€12k▼
Financial fixed assets28€135€135=
Current assets29/58€274k€276k▲
Amounts receivable within one year40/41€9k€169▼
Trade receivables40€4k-
Other amounts receivable41€5k€169▼
Current investments50/53€22k€22k=
Cash at bank and in hand54/58€242k€202k▼
Deferred charges and accrued income490/1€1k€52k▲
Equity and liabilities
Total equity and liabilities10/49€736k€711k▼
Equity10/15€596k€616k▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€496k€516k▲
Non-distributable reserves130/1€32k€32k=
Legal reserve130€10k€10k=
Own shares acquired1312€22k€22k=
Distributable reserves133€464k€484k▲
Amounts payable17/49€140k€95k▼
Amounts payable after more than one year17€59k€44k▼
Financial debts170/4€59k€44k▼
Amounts payable within one year42/48€77k€48k▼
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€28k€2k▼
Suppliers440/4€28k€2k▼
Taxes, remuneration and social security45€14€8k▲
Taxes450/3€14€8k▲
Other amounts payable47/48€34k€23k▼
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€26k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€24k€-26k▼
Other operating charges640/8€6k-
Gross operating margin9900€121k€26k▼
Operating profit (loss)9901€68k€26k▼
Financial income75/76B€706€1k▲
Recurring financial income75€706€1k▲
Financial charges65/66B€2k-
Recurring financial charges65€2k-
Profit (loss) for the period before taxes9903€66k€27k▼
Income taxes67/77€17k€7k▼
Profit (loss) for the period9904€49k€20k▼
Profit (loss) for the period to be appropriated9905€49k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€20k▼
Transfer to equity691/2€34k€20k▼
To the legal reserve6920€34k€20k▼
Profit to be distributed694/7€15k-
Return on contributions (dividend)694€15k-
The notes to these accounts (11 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
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €49k ▲85.8%
Operating result €68k, net result €49k, both a record.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500kEq €535k ▲7.1%
5 profitable years in a row build equity to €535k.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 directors, no change since 2021
Six Gabriël
CurrentManaging director · since 10-06-2003
De Craecker Werner
Not recently confirmedDirector · since 10-06-2003
Lateir Johan
Not recently confirmedDirector · since 10-06-2003
Vernimmen Luc
Not recently confirmedDirector · since 10-06-2003
16-09-2021
Six Gabriël: Appointed as Managing director
06-07-2015
Six Gabriël: Appointed as Managing director
10-06-2003
Six Gabriël: Appointed as Director
10-06-2003
Six Gabriël: Appointed as Managing director
10-06-2003
De Craecker Werner: Appointed as Director
10-06-2003
Lateir Johan: Appointed as Director
10-06-2003
Vernimmen Luc: Appointed as Director
Location & real-estate footprint
Registered office, Berlare · 1 establishment unit since 1992
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.
Wilgenpark(O) 309290 BerlareGround area
649 m²
Building footprint
185 m²
Volume, LiDAR
780 m³
Parcel 42017C0769/00K000, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FESTIVARIA NV
since 19922.059.417.787
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42017C0769/00K000 | Flanders | 649 m² | 1 · 185 m² | 6.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
VERSCHELDEN INVEST
BE 0447.197.120
Waasmunster · Eq €653k
VANSPAUWEN TECHNICS
BE 0745.941.876
Diepenbeek · Eq €540k
VAN PUYVELDE DANNY
BE 0449.940.042
Londerzeel · Eq €713k
PAYMENT SOLUTIONS
BE 0711.825.986
Aalst · Eq €527k
LIBARO
BE 0541.352.248
Wevelgem · Eq €726k
Of 172 companies in sector 77330 we hold annual accounts for 108. 68 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-06-1992
Fiscal year end31-12
Activities, NACEBEL
77330Rental and leasing activities
64200Holdings
64210Activities of holding companies
77320Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
77400Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.