FESTRA
ActiveThe computed 12-month bankruptcy probability of FESTRA is 2.2% (moderate). The 2024 annual accounts show equity of €24k and a net result of €6k. Equity is growing by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 37% of 26051 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+4
Solvency27▲+6
Growth78=
Stability100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.08 in 2023), and 81.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
18.1%
Return on assets
4.3%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
48 d late
2023
35 d early
2022
30 d late
2021
43 d late
2020
48 d late
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€24k▲ 31.7%
2023 · €18k
2018: €-733
2019: €7k
2020: €12k
2021: €14k
2022: €15k
2023: €18k
2018 → 2024
Total assets
€131k▼ 9.4%
2023 · €144k
2018: €519
2019: €593k
2020: €101k
2021: €136k
2022: €409k
2023: €144k
2018 → 2024
Net result
€6k▲ 65.1%
2023 · €3k
2018: €-944
2019: €17k
2020: €5k
2021: €3k
2022: €368
2023: €3k
2018 → 2024
Working capital
€19k▲ 74.4%
2023 · €11k
2018: €-733
2019: €7k
2020: €-2k
2021: €6k
2022: €90k
2023: €11k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€12k-€14k▲ 21.9%€15k▲ 2.6%€18k▲ 23.7%€24k▲ 31.7%
Operating result€7k-€4k▼ 40.2%€4k▼ 14.1%€6k▲ 59.4%€8k▲ 28.5%
Net result€5k-€3k▼ 49.9%€368▼ 85.5%€3k▲ 836%€6k▲ 65.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 29% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €131k
Fixed assets
€5k▼ 30.6%
Current assets
€126k▼ 8.2%
Equity and liabilities €131k
Equity
€24k▲ 31.7%
Debt
€107k▼ 15.2%
The debt ratio falls from 87.6% to 81.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€10k▼
2023 · €11k
Cash flow
€8k▼
2023 · €9k
Solvency
18.1%▲
2023 · 12.4%
Current ratio
1.17▲
2023 · 1.08
Quick ratio
0.93▲
2023 · 0.79
Debt / equity
4.54▼
2023 · 7.04
ROE
24.1%▲
2023 · 19.2%
ROA
4.3%▲
2023 · 2.4%
Interest coverage
32.48▲
2023 · 24.76
Debt
€107k▼
2023 · €126k
Debt ≤ 1 year
€107k▼
2023 · €126k
Income taxes
€2k▼
2023 · €2k
Staff costs
€54k▼
2023 · €118k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€144k€131k▼
Fixed assets21/28€7k€5k▼
Tangible fixed assets22/27€4k€2k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€3k€3k=
Current assets29/58€137k€126k▼
Stocks and contracts in progress3€37k€26k▼
Stocks30/36€37k€26k▼
Amounts receivable within one year40/41€98k€79k▼
Trade receivables40€85k€70k▼
Other amounts receivable41€13k€9k▼
Cash at bank and in hand54/58€2k€6k▲
Deferred charges and accrued income490/1-€14k
Equity and liabilities
Total equity and liabilities10/49€144k€131k▼
Equity10/15€18k€24k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€12k€17k▲
Amounts payable17/49€126k€107k▼
Amounts payable within one year42/48€126k€107k▼
Trade debts44€61k€59k▼
Suppliers440/4€61k€59k▼
Advances received on contracts in progress46-€9k
Taxes, remuneration and social security45€42k€16k▼
Taxes450/3€15k€7k▼
Remuneration and social security454/9€27k€10k▼
Other amounts payable47/48€24k€24k=
Income statement
Code20232024
Remuneration, social security and pensions62€118k€54k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€759€256▼
Gross operating margin9900€130k€65k▼
Operating profit (loss)9901€6k€8k▲
Financial income75/76B€107-
Recurring financial income75€107-
Financial charges65/66B€453€309▼
Recurring financial charges65€453€309▼
Profit (loss) for the period before taxes9903€6k€7k▲
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€3k€6k▲
Profit (loss) for the period to be appropriated9905€3k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€17k▲
Profit (loss) brought forward from the previous period14P€8k€12k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 48 days late
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 43 days late
2021
17-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 48 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.01
Current ratio from 0.41 to 1.01.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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 · 1 establishment unit since 2016
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.
Arnaud Fraiteurlaan 15/231050 ElseneGround area
7,645 m²
Building footprint
1,752 m²
Volume, LiDAR
30,826 m³
2 parcels, Brussels · tallest building 28.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
COGUS DESIGN
since 20162.251.035.151
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446F0030/00A000 | Brussels | 7,406 m² | 1 · 1,655 m² | 28.5 m · 6 fl. |
| 21008A0332/00N029 | Brussels | 239 m² | 1 · 97 m² | 14.3 m · 4 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.
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Of 22,740 companies in sector 43211 we hold annual accounts for 10,275. 7,506 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-02-2016
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
47551Retail sale of household furniture
47591Retail trade
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:vs.cogus@outlook.com