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Feu Vert

Active
Private limited companyfounded 20214 yrs activeBovenberg 118, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0777.484.494
Summary

Feu Vert has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €379,176 and a net result of €189,788. Equity is growing by ~157.9% per year across the filed fiscal years. Its solvency ranks better than 52% of 942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability98▲+2
Solvency71▲+25
Growth85=
Track record94
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.01 in 2024; short-term debt: 25.6% of total assets), and 53.8% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
46.2%
Return on assets
23.1%
Age of the figures
9 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 01-06-2026, 60 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
60 d early
2024
43 d early
2023
62 d early
2022
47 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 53 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 8 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 November 2021, Feu Vert was incorporated as a Private limited company by EDWIGE, with a starting capital of EUR 1,000.12 In 2022 the registered office moved to Woluwe-Saint-Pierre.3 Leaso has served as director of the company since 2023.4 Revenue went from EUR 28,300 in 2022 to EUR 395,251 in 2025.5

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 22-11-2021
  3. 3Belgian State Gazette, 07-07-2022
  4. 4Belgian State Gazette, 09-02-2023
  5. 5National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€395,251▲ 2.9%
2024 · €384,288
EBIT margin
65.9%▼ 2.9pp
2024 · 68.9%
Net result
€189,788▲ 0.7%
2024 · €188,388
Working capital
-€192,102▲ 49.2%
2024 · -€377,886
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Turnover€28,300-€210,465▲ 644%€384,288▲ 82.6%€395,251▲ 2.9%
Operating result€3,455-€137,508▲ 3,880%€264,699▲ 92.5%€260,649▼ 1.5%
Net result-€13,709below the sector's middle half-€93,231within the sector's middle half€188,388within the sector's middle half▲ 102%€189,788within the sector's middle half▲ 0.7%
EBIT margin12.2%-65.3%▲ 53.1pp68.9%▲ 3.5pp65.9%▼ 2.9pp
Equity-€12,709below the sector's middle half-€1,000below the sector's middle half€189,388within the sector's middle half▲ 18,839%€379,176within the sector's middle half▲ 100%
Total assets€1.2mwithin the sector's middle half-€1.1mwithin the sector's middle half▼ 12.5%€914,331within the sector's middle half▼ 15.5%€820,064within the sector's middle half▼ 10.3%
Debt€1.2m-€1.1m▼ 13.5%€724,943▼ 32.9%€440,888▼ 39.2%
Working capital-€436,268below the sector's middle half--€537,080below the sector's middle half▼ 23.1%-€377,886below the sector's middle half▲ 29.6%-€192,102below the sector's middle half▲ 49.2%
Solvency-1.0%below the sector's middle half-0.1%below the sector's middle half▲ 1.1pp20.7%within the sector's middle half▲ 20.6pp46.2%within the sector's middle half▲ 25.5pp
Current ratio0.36below the sector's middle half-0.14below the sector's middle half▼ 0.220.01below the sector's middle half▼ 0.130.08below the sector's middle half▲ 0.08
Return on assets (ROA)-1.1%below the sector's middle half-8.6%within the sector's middle half▲ 9.7pp20.6%above the sector's middle half▲ 12.0pp23.1%above the sector's middle half▲ 2.5pp
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000Operating result 2022: €3,455€3,455Net result 2022: -€13,709-€13,709Operating result 2023: €137,508€137,508Net result 2023: €93,231€93,231Operating result 2024: €264,699€264,699Net result 2024: €188,388€188,388Operating result 2025: €260,649€260,649Net result 2025: €189,788€189,7882022202320242025€0€100,000€200,000€300,000Operating result 2023: €137,508€138,000Net result 2023: €93,231€93,200Operating result 2024: €264,699€265,000Net result 2024: €188,388€188,000Operating result 2025: €260,649€261,000Net result 2025: €189,788€190,000202320242025
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €820,064
Fixed assets €802,515 ▼ 11.9%
Current assets €17,549 ▲ 460%
Equity and liabilities €820,064
Equity €379,176 ▲ 100%
Debt €440,888 ▼ 39.2%
Debt's share of the balance-sheet total falls from 79.3% to 53.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€369,330▼
2024 · €370,307
Cash flow
€298,469▲
2024 · €293,996
Debt to equity
1.16▼
2024 · 3.83
ROE
50.1%▼
2024 · 99.5%
Interest coverage
46.47▲
2024 · 30.00
Debt ≤ 1 year
€209,651▼
2024 · €381,021
Debt > 1 year
€231,116▼
2024 · €343,815
Income taxes
€63,263▼
2024 · €63,967
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,128 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.8% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,128 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€914,331€820,064▼
Fixed assets21/28€911,196€802,515▼
Tangible fixed assets22/27€911,196€802,515▼
Plant, machinery and equipment23€911,196€802,515▼
Current assets29/58€3,135€17,549▲
Amounts receivable within one year40/41€3,135€17,549▲
Trade receivables40-€6,812
Other amounts receivable41€3,135€10,737▲
Equity and liabilities
Total equity and liabilities10/49€914,331€820,064▼
Equity10/15€189,388€379,176▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€188,388€378,176▲
Amounts payable17/49€724,943€440,888▼
Amounts payable after more than one year17€343,815€231,116▼
Financial debts170/4€343,815€231,116▼
Amounts payable within one year42/48€381,021€209,651▼
Current portion of amounts payable after more than one year42€110,833€112,699▲
Trade debts44€18,896€5,398▼
Suppliers440/4€18,896€5,398▼
Taxes, remuneration and social security45€24,908€23,967▼
Taxes450/3€24,908€23,967▼
Other amounts payable47/48€226,384€67,587▼
Accrued charges and deferred income492/3€107€121▲
Income statement Code20242025
Turnover70€384,288€395,251▲
Goods, raw materials, services and sundry goods60/61€13,981€25,921▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105,608€108,681▲
Gross operating margin9900€370,307€369,330▼
Operating profit (loss)9901€264,699€260,649▼
Financial income75/76B-€350
Recurring financial income75-€350
Financial charges65/66B€12,344€7,948▼
Recurring financial charges65€12,344€7,948▼
Profit (loss) for the period before taxes9903€252,355€253,051▲
Income taxes67/77€63,967€63,263▼
Profit (loss) for the period9904€188,388€189,788▲
Profit (loss) for the period to be appropriated9905€188,388€189,788▲
Appropriation of the result
Profit (loss) to be appropriated9906€188,388€378,176▲
Profit (loss) brought forward from the previous period14P-€188,388

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Turnover70€28,300€210,465€384,288€395,251▲ 2.9%
Non-recurring operating income76A-€1,227---
Goods, raw materials, services and sundry goods60/61€12,809€15,534€13,981€25,921▲ 85.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,656€58,514€105,608€108,681▲ 2.9%
Other operating charges640/8€0----
Non-recurring operating charges66A-€137---
Gross operating margin9900€17,111€196,159€370,307€369,330▼ 0.3%
Operating profit (loss)9901€3,455€137,508€264,699€260,649▼ 1.5%
Financial income75/76B€1,814€57-€350-
Recurring financial income75€1,814€57-€350-
Financial charges65/66B€18,978€12,892€12,344€7,948▼ 35.6%
Recurring financial charges65€18,978€12,892€12,344€7,948▼ 35.6%
Profit (loss) for the period before taxes9903-€13,709€124,673€252,355€253,051▲ 0.3%
Income taxes67/77-€31,442€63,967€63,263▼ 1.1%
Profit (loss) for the period9904-€13,709€93,231€188,388€189,788▲ 0.7%
Profit (loss) for the period to be appropriated9905-€13,709€93,231€188,388€189,788▲ 0.7%
Line2022202320242025Change
Assets
Total assets20/58€1.2m€1.1m€914,331€820,064▼ 10.3%
Fixed assets21/28€987,179€992,728€911,196€802,515▼ 11.9%
Tangible fixed assets22/27€987,179€992,728€911,196€802,515▼ 11.9%
Plant, machinery and equipment23€294,997€905,926€911,196€802,515▼ 11.9%
Assets under construction and advance payments27€692,182€86,802---
Current assets29/58€249,521€89,285€3,135€17,549▲ 460%
Amounts receivable within one year40/41€249,442€89,285€3,135€17,549▲ 460%
Trade receivables40€95,468--€6,812-
Other amounts receivable41€153,974€89,285€3,135€10,737▲ 242%
Deferred charges and accrued income490/1€79----
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.1m€914,331€820,064▼ 10.3%
Equity10/15-€12,709€1,000€189,388€379,176▲ 100%
Contributions10/11€1,000€1,000€1,000€1,000=
Profit (loss) carried forward14-€13,709-€188,388€378,176▲ 101%
Amounts payable17/49€1.2m€1.1m€724,943€440,888▼ 39.2%
Amounts payable after more than one year17€563,620€454,648€343,815€231,116▼ 32.8%
Financial debts170/4€563,620€454,648€343,815€231,116▼ 32.8%
Amounts payable within one year42/48€685,789€626,365€381,021€209,651▼ 45.0%
Current portion of amounts payable after more than one year42€107,194€108,972€110,833€112,699▲ 1.7%
Trade debts44€401,827€140,553€18,896€5,398▼ 71.4%
Suppliers440/4€401,827€140,553€18,896€5,398▼ 71.4%
Taxes, remuneration and social security45-€942€24,908€23,967▼ 3.8%
Taxes450/3-€942€24,908€23,967▼ 3.8%
Other amounts payable47/48€176,768€375,898€226,384€67,587▼ 70.1%
Accrued charges and deferred income492/3--€107€121▲ 13.1%
Line2022202320242025Change
Profit (loss) for the period9904-€13,709€93,231€188,388€189,788▲ 0.7%
+ Depreciation and write-downs630€13,656€58,514€105,608€108,681▲ 2.9%
Operating cash flow (approximation)-€53€151,745€293,996€298,469▲ 1.5%
Investment in fixed assets (approximation)--€64,063-€24,076€0▲ 100%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
19-02
State Gazette act Appointment: RSM InterAudit SRL (statutory auditor)
2 facts ▸
  • General meeting, 22/05/2025
  • Auditor appointment, RSM InterAudit SRL (statutory auditor)
19-01
State Gazette act Resignations & appointments
Power of attorney · Power-of-attorney revocation4 facts ▸
  • Board meeting, 08/10/2025
  • Power of attorney, Cedric Fraselle
  • Power of attorney, Adrien L'hoir
  • Power-of-attorney revocation, révocation de tous les pouvoirs spéciaux précédemment octroyés aux dirigeants et/ou employés
02-01
State Gazette act Resignations & appointments
Power of attorney3 facts ▸
  • Board meeting, 08/10/2025
  • Power of attorney, Cedric Fraselle
  • Power of attorney, Adrien L'hoir
2025
31-12
Financial Highest result since 2022net €189,788 ▲0.7%
Net result €189,788, the highest in the series.
31-12
Financial Equity above €200,000Eq €379,176 ▲100%
3 profitable years in a row build equity to €379,176.
18-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Equity above €150,000Eq €189,388 ▲18,839%
2 profitable years in a row build equity to €189,388.
30-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €93,231
Net result €93,231 after one loss-making year.
14-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
03-05
State Gazette act Appointment: RSM INTERAUDIT (statutory auditor)
Auditor representative3 facts ▸
  • Shareholder resolution, 12/04/2023
  • Auditor appointment, RSM INTERAUDIT (statutory auditor)
  • Auditor representative, Luis Laperal
Show earlier events
17-03
State Gazette act Resignations & appointments
Power of attorney2 facts ▸
  • Board meeting, 25/01/2023
  • Power of attorney, Tomas D'huys
09-02
State Gazette act Resignation: SA Edwige (director)
Appointment: SRL Leaso (director) · Permanent representative: Ben Haegeman · Director discharge6 facts ▸
  • Shareholder resolution, 11/01/2023
  • Director resignation, SA Edwige (director)
  • Director discharge, SA Edwige (director)
  • Director appointment, SRL Leaso (director)
  • Permanent representative, Ben Haegeman
  • Mandate compensation, SRL Leaso
2022
07-07
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 31/05/2022
  • Registered-office move, 1150 Woluwe-Saint-Pierre, Bovenberg 118
2021
22-11
State Gazette act Incorporation
Appointment: EDWIGE (non-statutory director) · Permanent representative: ROOSE Sam · Founder6 facts ▸
  • Incorporation, 17/11/2021
  • Founder, EDWIGE
  • Founding capital, €1.000
  • Director appointment, EDWIGE (non-statutory director)
  • Permanent representative, ROOSE Sam
  • Mandate compensation, EDWIGE
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
8 of 8 acts read

Directors · office · real estate

Directors
1 director, no change since 2023

Board 1

Leaso
Director · since 01-01-2023 · Private limited company · perm. rep.: Ben Haegeman
Current

Permanent representatives 1

Ben Haegeman
Permanent representative · since 01-01-2023 · for Leaso
Current

Statutory auditor 1

RSM INTERAUDIT SRL
Statutory auditor · since 03-05-2023
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
662 m²
Building footprint
310 m²
Volume, LiDAR
3,519 m³
Parcel 21682C0063/00D000, Brussels · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
15 companies at this address See who is registered here
1 establishment unit
Feu Vert
Bovenberg 118, 1150 Sint-Pieters-WoluweRenting and leasing of other machinery, equipment and tangible goods
since 20212.332.338.670
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21682C0063/00D000
ProtectedSite or landscapeDomein BlatonSource ↗
Brussels 662 m² 1 · 310 m² 16.0 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Mandate history

3 people since 2021, 2 in office
Show
  • Board
  • Statutory auditor
Mandates per person, with start and end dates
Name Functions and periods
Leaso
  • Director, from 01-01-2023 to date
RSM INTERAUDIT SRL
  • Statutory auditor, from 03-05-2023 to date
EDWIGE
  • Non-statutory director, from 17-11-2021 to 01-01-2023
See the board, name and seat on a given date →

Articles of association

Purpose
La mise à disposition d’une stratégie énergétique pour des acteurs du secteur social, en Belgique et à l’étranger ; l’acquisition de panneaux solaires ou d'autres sources d'énergie…
Full purpose

La mise à disposition d’une stratégie énergétique pour des acteurs du secteur social, en Belgique et à l’étranger ; l’acquisition de panneaux solaires ou d'autres sources d'énergie alternatives ou renouvelables et les mettre à la disposition des acteurs du secteur social moyennant rémunération, en Belgique et à l’étranger ; l’exploitation et la gestion de panneaux solaires ou d'autres sources d'énergie alternatives ou renouvelables pour son propre compte et/ou pour le compte de tiers ; la conclusion des contrats de fourniture d’énergie avec les acteurs du secteur social, en Belgique et à l’étranger ou avec d’autre personnes (le cas échéant moyennant l’obtention de tous les permis nécessaires) ; la participation à des communautés d’énergie (où et quand elles seront admises et sous l’appellation arrêtés par les autorités) ; la mise à disposition des outils pour la cartographie de la consommation d’énergie des acteurs du secteur social, en Belgique et à l’étranger ; la réalisation d'études, la fourniture de conseils sur des questions tant techniques qu'organisationnelles ; l’investissement dans les technologies environnementales durables ; la fourniture de prestations de services de toute nature, tant dans le domaine de l’énergie que dans d’autres domaines. La société a également comme objet: a) exclusivement en son propre nom et pour son propre compte: la construction, le développement et la gestion du patrimoine immobilier; toutes les opérations, oui ou non sous le système de la TVA, relatives aux biens immobiliers et aux droits immobiliers, tels que l’achat et la vente, la construction, la rénovation, l’aménagement et la décoration d’intérieur, la location ou la prise en location, l’échange, le lotissement et, en général, toutes les opérations qui sont liées directement ou indirectement à la gestion ou à l’exploitation de biens immobiliers ou de droits réels immobiliers; b) exclusivement en son propre nom et pour son propre compte: la construction, le développement et la gestion d’un patrimoine mobilier; toutes les opérations relatives à des biens et des droits mobiliers, de quelque nature que ce soit, tels que la vente et l’achat, la location et la prise en location, l’échange, en particulier la gestion et la valorisation de tous biens négociables, actions, obligations, fonds d’État; c) exclusivement en son propre nom et pour son propre compte: faire des emprunts et consentir des prêts, crédits, financements et la négociation de contrats de leasing, dans le cadre des buts décrits ci-dessus.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. EDWIGE 100%
  2. Feu Vert

Highest known parent: EDWIGE. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

2 connected companies
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
Teriloto
Shared corporate director
→

Capital and shareholders

Shareholders according to the acts
At incorporation act of 22-11-2021 ↗
  • EDWIGE (BE 0690.564.477) sole founder · 100% at incorporation

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 22-11-2021 Incorporation · 1,000 EUR · 100 shares

Similar companies · same sector, comparable size

Of 11,218 companies in sector 82100 we hold annual accounts for 3,516. 2,142 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0777484494
Registered 12-08-2025

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Register as of 28 September 2026 · Peppol Directory

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