FESTRAETS COSMETICS
ActiveSummary
The annual accounts of FESTRAETS COSMETICS for fiscal year 2024 show a net loss of 71% of the equity at the start of that year. The 2024 annual accounts show equity of €40k and a net result of €-97k. Equity is shrinking by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 11% of 9040 sector peers (fiscal year 2024). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability8▼-2
Solvency28▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.25 against 1.37 in 2023; short-term debt: 59.3% and cash: 0.1% of total assets), and 96.5% of the assets are financed with debt.
Credit check 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 · 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
3.5%
Return on assets
-8.5%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-97k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 9040 sector peers (2024).
NBB · sector comparisonPosition among 9040 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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
not confirmed
2024
57 d late
2023
56 d late
2022
65 d late
2021
30 d late
2020
17 d late
2019
47 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€40k▼ 71.0%
2023 · €137k
2018: €226k
2019: €226k▲ +0.3% vs 2018
2020: €227k▲ +0.2% vs 2019
2021: €233k▲ +2.9% vs 2020
2022: €234k▲ +0.6% vs 2021highest in 7 years
2023: €137k▼ -41.5% vs 2022
2024: €40k▼ -71.0% vs 2023lowest in 7 years
2018 → 2024
Total assets
€1.15M▼ 16.6%
2023 · €1.38M
2018: €1.69Mhighest in 7 years
2019: €1.56M▼ -7.7% vs 2018
2020: €1.50M▼ -3.9% vs 2019
2021: €1.42M▼ -5.3% vs 2020
2022: €1.39M▼ -2.0% vs 2021
2023: €1.38M▼ -0.8% vs 2022
2024: €1.15M▼ -16.6% vs 2023lowest in 7 years
2018 → 2024
Net result
€-97k▼ 0.1%
2023 · €-97k
2018: €-9k
2019: €587▲ +106% vs 2018
2020: €371▼ -36.8% vs 2019
2021: €6k▲ +1640% vs 2020highest in 7 years
2022: €1k▼ -78.4% vs 2021
2023: €-97k▼ -7072% vs 2022
2024: €-97k▼ -0.1% vs 2023lowest in 7 years
2018 → 2024
Working capital
€174k▼ 40.2%
2023 · €291k
2018: €393khighest in 7 years
2019: €390k▼ -0.9% vs 2018
2020: €363k▼ -6.9% vs 2019
2021: €343k▼ -5.4% vs 2020
2022: €321k▼ -6.4% vs 2021
2023: €291k▼ -9.5% vs 2022
2024: €174k▼ -40.2% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€227k-€233k▲ 2.9%€234k▲ 0.6%€137k▼ 41.5%€40k▼ 71.0%
2020: €227k
2021: €233k▲ +2.9% vs 2020
2022: €234k▲ +0.6% vs 2021highest in 5 years
2023: €137k▼ -41.5% vs 2022
2024: €40k▼ -71.0% vs 2023lowest in 5 years
Operating result€16k-€21k▲ 25.2%€22k▲ 5.5%€-81k€-83k▼ 3.6%
2020: €16k
2021: €21k▲ +25.2% vs 2020
2022: €22k▲ +5.5% vs 2021highest in 5 years
2023: €-81k▼ -471% vs 2022
2024: €-83k▼ -3.6% vs 2023lowest in 5 years
Net result€371-€6k▲ 1,640%€1k▼ 78.4%€-97k€-97k▼ 0.1%
2020: €371
2021: €6k▲ +1640% vs 2020highest in 5 years
2022: €1k▼ -78.4% vs 2021
2023: €-97k▼ -7072% vs 2022
2024: €-97k▼ -0.1% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €83k in 2024 against €81k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.15M
Fixed assets
€295k ▼ 2.7%
Current assets
€857k ▼ 20.6%
Equity and liabilities €1.15M
Equity
€40k ▼ 71.0%
Debt
€1.11M ▼ 10.7%
Debt's share of the balance-sheet total rises from 90.1% to 96.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-75k▼
2023 · €-69k
Cash flow
€-89k▼
2023 · €-86k
Current ratio
1.25▼
2023 · 1.37
Debt to equity
27.94▲
2023 · 9.08
ROE
-244.6%▼
2023 · -70.9%
ROA
-8.5%▼
2023 · -7.0%
Interest coverage
-5.39▼
2023 · -3.90
Debt ≤ 1 year
€683k▼
2023 · €788k
Debt > 1 year
€430k▼
2023 · €448k
Income taxes
€168▲
2023 · €2
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.38M€1.15M▼
Fixed assets21/28€303k€295k▼
Tangible fixed assets22/27€297k€289k▼
Land and buildings22€289k€287k▼
Plant, machinery and equipment23€1k€271▼
Furniture and vehicles24€6k€2k▼
Financial fixed assets28€6k€6k=
Current assets29/58€1.08M€857k▼
Amounts receivable within one year40/41€1.04M€825k▼
Trade receivables40€990k€810k▼
Other amounts receivable41€53k€16k▼
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1€34k€30k▼
Equity and liabilities
Total equity and liabilities10/49€1.38M€1.15M▼
Equity10/15€137k€40k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€59k€59k=
Reserves13€64k€64k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€58k€58k=
Profit (loss) carried forward14€-48k€-146k▼
Amounts payable17/49€1.25M€1.11M▼
Amounts payable after more than one year17€448k€430k▼
Financial debts170/4€448k€430k▼
Amounts payable within one year42/48€788k€683k▼
Current portion of amounts payable after more than one year42€7k€2k▼
Financial debts43€200k€200k=
Credit institutions430/8€200k€200k=
Trade debts44€276k€397k▲
Suppliers440/4€276k€397k▲
Advances received on contracts in progress46€5k-
Taxes, remuneration and social security45€15k€10k▼
Taxes450/3€15k€10k▼
Other amounts payable47/48€285k€74k▼
Accrued charges and deferred income492/3€9k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€8k▼
Other operating charges640/8€10k€110k▲
Gross operating margin9900€-59k€35k▲
Operating profit (loss)9901€-81k€-83k▼
Financial income75/76B€956€195▼
Recurring financial income75€956€195▼
Financial charges65/66B€18k€14k▼
Recurring financial charges65€18k€14k▼
Profit (loss) for the period before taxes9903€-97k€-97k=
Income taxes67/77€2€168▲
Profit (loss) for the period9904€-97k€-97k▼
Profit (loss) for the period to be appropriated9905€-97k€-97k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-97k€-146k▼
Profit (loss) brought forward from the previous period14P-€-48k
Transfer from equity791/2€49k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €112k | €44k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30k | €29k | €30k | €11k | €8k | ▼ 28.7% |
| Other operating charges640/8 | - | €12k | €10k | €10k | €110k | ▲ 958% |
| Gross operating margin9900 | €157k | €174k | €107k | €-59k | €35k | ▲ 159% |
| Operating profit (loss)9901 | €16k | €21k | €22k | €-81k | €-83k | ▼ 3.6% |
| Financial income75/76B | - | €1k | €2k | €956 | €195 | ▼ 79.6% |
| Recurring financial income75 | €878 | €1k | €2k | €956 | €195 | ▼ 79.6% |
| Financial charges65/66B | - | €10k | €15k | €18k | €14k | ▼ 21.1% |
| Recurring financial charges65 | €16k | €10k | €15k | €18k | €14k | ▼ 21.1% |
| Profit (loss) for the period before taxes9903 | €1k | €12k | €9k | €-97k | €-97k | = |
| Income taxes67/77 | €1k | €6k | €7k | €2 | €168 | ▲ 10,241% |
| Profit (loss) for the period9904 | €371 | €6k | €1k | €-97k | €-97k | ▼ 0.1% |
| Profit (loss) for the period to be appropriated9905 | €371 | €6k | €1k | €-97k | €-97k | ▼ 0.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.50M | €1.42M | €1.39M | €1.38M | €1.15M | ▼ 16.6% |
| Fixed assets21/28 | €370k | €343k | €315k | €303k | €295k | ▼ 2.7% |
| Tangible fixed assets22/27 | €364k | €337k | €309k | €297k | €289k | ▼ 2.7% |
| Land and buildings22 | - | €295k | €292k | €289k | €287k | ▼ 1.0% |
| Plant, machinery and equipment23 | - | €7k | €3k | €1k | €271 | ▼ 81.2% |
| Furniture and vehicles24 | - | €35k | €13k | €6k | €2k | ▼ 65.8% |
| Financial fixed assets28 | €6k | €6k | €6k | €6k | €6k | = |
| Current assets29/58 | €1.13M | €1.08M | €1.08M | €1.08M | €857k | ▼ 20.6% |
| Stocks and contracts in progress3 | €480k | €481k | €474k | - | - | - |
| Stocks30/36 | - | €481k | €474k | - | - | - |
| Amounts receivable within one year40/41 | €645k | €585k | €597k | €1.04M | €825k | ▼ 20.9% |
| Trade receivables40 | - | €537k | €574k | €990k | €810k | ▼ 18.2% |
| Other amounts receivable41 | - | €49k | €24k | €53k | €16k | ▼ 70.8% |
| Cash at bank and in hand54/58 | €8k | €9k | €4k | €1k | €2k | ▲ 10.2% |
| Deferred charges and accrued income490/1 | - | €4k | €4k | €34k | €30k | ▼ 12.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.50M | €1.42M | €1.39M | €1.38M | €1.15M | ▼ 16.6% |
| Equity10/15 | €227k | €233k | €234k | €137k | €40k | ▼ 71.0% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Revaluation surpluses12 | - | €59k | €59k | €59k | €59k | = |
| Reserves13 | €105k | €112k | €113k | €64k | €64k | = |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | - | €58k | €58k | €58k | €58k | = |
| Distributable reserves133 | - | €48k | €49k | - | - | - |
| Profit (loss) carried forward14 | - | - | - | €-48k | €-146k | ▼ 202% |
| Amounts payable17/49 | €1.28M | €1.19M | €1.16M | €1.25M | €1.11M | ▼ 10.7% |
| Amounts payable after more than one year17 | €500k | €454k | €402k | €448k | €430k | ▼ 4.1% |
| Financial debts170/4 | - | €454k | €402k | €448k | €430k | ▼ 4.1% |
| Amounts payable within one year42/48 | €770k | €736k | €758k | €788k | €683k | ▼ 13.3% |
| Current portion of amounts payable after more than one year42 | - | €14k | €12k | €7k | €2k | ▼ 70.0% |
| Financial debts43 | - | €249k | €249k | €200k | €200k | = |
| Credit institutions430/8 | - | €249k | €249k | €200k | €200k | = |
| Trade debts44 | €361k | €331k | €386k | €276k | €397k | ▲ 43.6% |
| Suppliers440/4 | - | €331k | €386k | €276k | €397k | ▲ 43.6% |
| Advances received on contracts in progress46 | - | - | - | €5k | - | - |
| Taxes, remuneration and social security45 | - | €59k | €33k | €15k | €10k | ▼ 32.2% |
| Taxes450/3 | - | €30k | €26k | €15k | €10k | ▼ 32.2% |
| Remuneration and social security454/9 | - | €29k | €7k | - | - | - |
| Other amounts payable47/48 | - | €84k | €78k | €285k | €74k | ▼ 74.0% |
| Accrued charges and deferred income492/3 | - | - | - | €9k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €371 | €6k | €1k | €-97k | €-97k | ▼ 0.1% |
| + Depreciation and write-downs630 | €30k | €29k | €30k | €11k | €8k | ▼ 28.7% |
| Operating cash flow (approximation) | €30k | €36k | €32k | €-86k | €-89k | ▼ 4.0% |
| Investment in fixed assets (approximation) | - | €-3k | €-2k | €0 | €0 | - |
| Change in cash | - | €1k | €-5k | €-3k | €150 | ▲ 106% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 57 days late
2024
31-12
Financial
Weakest financial yearnet €-97k
Net result drops to €-97k, the lowest in the series.
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 56 days late
2023
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 65 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €6k ▲1,640%
Net result €6k, the highest in the series.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 47 days late
2019
31-12
Financial
Back to profitnet €587
Net result €587 after one loss-making year.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 14 days late
2018
05-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 66 days late
11-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 407 days late
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 327 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Sint-Truiden · 1 establishment unit since 1996
Ground area
3,974 m²
Building footprint
1,270 m²
Volume, LiDAR
6,305 m³
Parcel 71009A0060/00C000, Flanders · tallest building 10.2 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Bedrijvenstraat 5830, 3800 Sint-Truiden
since 19962.074.690.141
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71009A0060/00C000 | Flanders | 3,974 m² | 1 · 1,270 m² | 10.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0423.058.867
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Of 798 companies in sector 46450 we hold annual accounts for 452. 293 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-09-1995
Fiscal year end31-12
Activities, NACEBEL 2025
46450Wholesale of perfume and cosmetics
46494Wholesale of non-electrical household articles
47551Retail sale of household furniture
47750Retail sale of cosmetics and toilet articles
Scores and ratios are computed by Checked and are not a credit decision.