Losses
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Three of the last ten came late. The 2016 accounts came latest: 36 days after the end of the period.
Higher solvency than 94% of companies in specialised construction. Sector median 46.7% · 35,074 companies.
The dashed line is the sector median: 0.7% across 47,701 companies (NACE 43, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 98% on liquidity, 13% on profitability and 24% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 6,908 companies had the same profile as FEVER has now. Each dot stands for 18 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FEVER itself: 0.8% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,908 companies, not a prediction for FEVER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Short-term debt is 8.9% of total assets. 8.9% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| FEVER Staden | €12,209 | -€627 | 91.1% | - |
| SWS PROJECTS Aalst | €14,484 | -€20,443 | 24.6% | 0 |
| POL COKELAERE Ledegem | €22,306 | -€6,280 | 62.5% | - |
| L.E. TERIOR Chimay | €5,013 | -€550 | -1847.6% | - |
| STORDEUR Christophe Sint-Genesius-Rode | €39,111 | -€3,106 | 67.8% | - |
| CALLENS DECOR Waregem | €41,480 | -€1,810 | 89.7% | - |
| MAR-BRU Schaerbeek | €23,070 | €3,346 | 20.0% | - |
These companies have the same main activity as FEVER: wallpapering and laying of floor and wall coverings in other materials (NACE 43333). They are comparable in size and age: total assets between €5,010 and €41,500, founded between 2002 and 2018.
FEVER files the micro format. That format states no turnover. The gross margin fell from -€312 in 2012 to -€627 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 94% of 35,074 companies in 2025.
Higher than 30% of 35,361 companies in 2024.
Higher than 12% of 34,650 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
12,209 | 12,685 | 37,876 | 58,056 | 31,922 | 32,099 | 36,789 | 45,701 | 32,146 | 32,746 | 33,424 | 27,837 | 28,756 | 32,790 | |
21/28 |
12,209 | 12,209 | 35,127 | 44,143 | 21,671 | 19,617 | 22,228 | 31,760 | 18,984 | 18,261 | 10,254 | 17,209 | 25,211 | 30,532 | |
22/27 |
12,209 | 12,209 | 35,127 | 44,143 | 21,671 | 19,617 | 22,228 | 31,760 | 18,984 | 18,261 | 10,254 | 17,209 | 25,211 | 30,532 | |
22 |
- | - | 172 | 345 | 517 | 689 | 3,616 | 4,182 | 4,748 | 1,379 | 1,551 | - | - | - | |
23 |
446 | 446 | 1,006 | 1,917 | 2,345 | 2,965 | 515 | 659 | 803 | 853 | 1,070 | 1,641 | 1,709 | - | |
24 |
- | - | 20,045 | 25,838 | - | 353 | 4,713 | 9,073 | 13,433 | 16,029 | 7,633 | 15,568 | 23,502 | 30,532 | |
26 |
11,763 | 11,763 | 13,904 | 16,044 | 14,348 | 6,687 | - | - | - | - | - | - | - | - | |
29/58 |
- | 476 | 2,749 | 13,913 | 10,251 | 12,483 | 14,561 | 13,941 | 13,162 | 14,486 | 23,170 | 10,628 | 3,545 | 2,258 | |
40/41 |
- | 476 | 1,396 | 13,901 | 10,181 | 9,635 | 14,294 | 13,874 | 9,867 | 14,468 | 17,460 | 5,835 | 978 | 42 | |
40 |
- | - | 1,049 | 12,672 | 8,608 | 7,261 | 11,956 | 9,731 | 8,302 | 9,807 | 15,918 | 4,373 | - | - | |
41 |
- | 476 | 346 | 1,229 | 1,573 | 2,374 | 2,338 | 4,143 | 1,565 | 4,661 | 1,543 | 1,462 | 978 | 42 | |
54/58 |
- | - | 1,354 | 12 | 71 | 2,847 | 267 | 68 | 2,966 | 18 | 4,799 | 3,406 | 1,040 | 654 | |
490/1 |
- | - | - | - | - | - | - | - | 329 | - | 911 | 1,387 | 1,527 | 1,562 | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
12,209 | 12,685 | 37,876 | 58,056 | 31,922 | 32,099 | 36,789 | 45,701 | 32,146 | 32,746 | 33,424 | 27,837 | 28,756 | 32,790 | |
10/15 |
11,118 | 12,295 | 16,183 | 15,367 | 14,820 | 10,108 | 6,671 | 7,665 | 6,314 | 3,662 | 4,914 | 4,849 | -91 | -4,281 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | - | - | 6,200 | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 6,200 | - | - | - | - | - | - | - | - | |
13 |
4,918 | 6,095 | 9,983 | 9,167 | 8,620 | 3,908 | 1,465 | 1,465 | 114 | - | - | - | - | - | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,465 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,465 | 1,465 | 114 | - | - | - | - | - | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 1,465 | - | - | - | - | - | - | - | - | |
133 |
3,058 | 4,235 | 8,123 | 7,307 | 6,760 | 2,444 | - | - | - | - | - | - | - | - | |
14 |
- | - | - | - | - | - | -994 | - | - | -2,538 | -1,286 | -1,351 | -6,291 | -10,481 | |
17/49 |
1,091 | 390 | 21,693 | 42,690 | 17,102 | 21,991 | 30,119 | 38,036 | 25,832 | 29,084 | 28,510 | 22,988 | 28,847 | 37,071 | |
17 |
- | - | 14,570 | 20,349 | 2,323 | 5,780 | 13,436 | 20,972 | 12,442 | 16,420 | 569 | 7,229 | 13,590 | 19,666 | |
170/4 |
- | - | 14,570 | 20,349 | 2,323 | 5,780 | 13,436 | 20,972 | 12,442 | 16,420 | 569 | 7,229 | 13,590 | 19,666 | |
42/48 |
1,091 | 390 | 7,123 | 22,340 | 14,779 | 16,211 | 16,682 | 17,064 | 13,390 | 12,664 | 27,941 | 15,760 | 15,257 | 17,405 | |
42 |
- | - | 5,779 | 8,074 | 3,456 | 7,657 | 7,536 | 7,417 | 3,978 | 5,031 | 6,660 | 6,361 | 6,076 | 5,803 | |
44 |
- | - | 1,245 | 7,309 | 7,248 | 4,005 | 4,007 | 6,275 | 8,284 | 3,838 | 18,463 | 5,130 | 6,834 | 6,516 | |
440/4 |
- | - | 1,245 | 7,309 | 7,248 | 4,005 | 4,007 | 6,275 | 8,284 | 3,838 | 18,463 | 5,130 | 6,834 | 6,516 | |
45 |
- | - | 5 | 5,168 | 2,573 | 1,725 | 5,139 | 3,372 | 1,128 | 2,675 | 2,819 | 1,628 | 638 | 1,148 | |
450/3 |
- | - | 5 | 816 | 2,573 | 1,725 | 1,415 | 1,734 | 1,054 | 79 | 439 | 1,292 | 141 | 392 | |
454/9 |
- | - | - | 4,352 | - | - | 3,724 | 1,637 | 74 | 2,596 | 2,380 | 336 | 497 | 756 | |
47/48 |
1,091 | 390 | 94 | 1,790 | 1,501 | 2,824 | - | - | - | 1,120 | - | 2,640 | 1,709 | 3,937 | |
| Income statement | |||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 67,718 | |
9900 |
-627 | -310 | 10,925 | 13,091 | 15,231 | 15,727 | 10,743 | 15,275 | 10,802 | 11,611 | 11,023 | 17,192 | 14,570 | -312 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 79,697 | |
630 |
- | 2,873 | 9,017 | 10,864 | 7,117 | 9,836 | 9,532 | 9,532 | 5,593 | 9,268 | 8,678 | 8,601 | 8,362 | 7,633 | |
640/8 |
513 | 499 | 859 | 1,403 | 1,312 | 855 | 1,494 | 2,475 | 924 | 1,392 | 1,145 | 1,324 | 675 | 1,093 | |
66A |
- | - | - | - | - | - | - | - | - | 1,674 | - | - | - | - | |
9901 |
-1,140 | -3,682 | 1,049 | 824 | 6,803 | 5,035 | -282 | 3,269 | 4,285 | 951 | 1,201 | 7,266 | 5,533 | -9,039 | |
75/76B |
- | - | 0 | 8 | 10 | 19 | 183 | - | 0 | 118 | 0 | 0 | 1 | 4 | |
75 |
- | - | 0 | 8 | 10 | 19 | 183 | - | 0 | 118 | 0 | 0 | 1 | 4 | |
65/66B |
36 | 206 | 233 | 285 | 517 | 537 | 543 | 613 | 579 | 589 | 697 | 1,035 | 1,291 | 1,419 | |
65 |
36 | 206 | 233 | 285 | 517 | 537 | 543 | 613 | 579 | 589 | 697 | 1,035 | 1,291 | 1,419 | |
9903 |
-1,176 | -3,888 | 816 | 547 | 6,296 | 4,516 | -642 | 2,656 | 3,706 | -1,194 | 505 | 6,232 | 4,242 | -10,454 | |
67/77 |
- | - | - | - | 1,584 | 1,079 | 351 | 1,305 | 1,054 | 58 | 439 | 1,292 | 52 | 28 | |
9904 |
-1,176 | -3,888 | 816 | 547 | 4,712 | 3,438 | -994 | 1,350 | 2,652 | -1,252 | 65 | 4,939 | 4,190 | -10,481 | |
9905 |
-1,176 | -3,888 | 816 | 547 | 4,712 | 3,438 | -994 | 1,350 | 2,652 | -1,252 | 65 | 4,939 | 4,190 | -10,481 | |
| Appropriation of the result | |||||||||||||||
9906 |
-1,176 | -3,888 | 816 | 547 | 4,712 | 2,444 | -994 | 1,350 | 114 | -2,538 | -1,286 | -1,351 | -6,291 | -10,481 | |
791/2 |
1,176 | 3,888 | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | 816 | 547 | 4,712 | 2,444 | - | 1,350 | 114 | - | - | - | - | - | |
6920 |
- | - | - | - | 395 | - | - | 1,350 | 114 | - | - | - | - | - | |
6921 |
- | - | 816 | 547 | 4,316 | 2,444 | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 02-02-2026.
2025 annual accounts filed 2 days after the deadline. Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00031040.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 02-02-2026 | 2026-00031040 | |
| 30-06-2024 | micro format | 03-02-2025 | 2025-00027057 | |
| 30-06-2023 | micro format | 30-01-2024 | 2024-00020996 | |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00016321 | |
| 30-06-2021 | micro format | 31-01-2022 | 2022-04100318 | |
| 30-06-2020 | micro format | 29-01-2021 | 2021-03700499 | |
| 30-06-2019 | micro format | 31-01-2020 | 2020-03800490 | |
| 30-06-2018 | micro format | 30-01-2019 | 2019-03400164 | |
| 30-06-2017 | micro format | 30-01-2018 | 2018-03300112 | |
| 30-06-2016 | abbreviated format | 08-03-2017 | 2017-06200071 | |
| 30-06-2015 | abbreviated format | 29-06-2016 | 2016-27200285 | |
| 30-06-2014 | abbreviated format | 05-01-2015 | 2015-00700452 | |
| 30-06-2013 | abbreviated format | 29-01-2014 | 2014-02600382 | |
| 30-06-2012 | abbreviated format | 29-01-2013 | 2013-02400272 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | -809 | 10,066 | 11,688 | 13,919 | 14,871 | 9,249 | 12,801 | 9,878 | 10,219 | 9,879 | 15,868 | 13,894 | -1,406 | ||
| - | -1,016 | 9,833 | 11,411 | 11,828 | 13,274 | 8,538 | 10,882 | 8,245 | 8,017 | 8,743 | 13,541 | 12,552 | -2,848 | ||
| - | -20,045 | 0 | 33,336 | 9,171 | 7,225 | 0 | 22,307 | 6,317 | 20,449 | 1,723 | 599 | 3,041 | 38,165 | ||
| - | - | 1,342 | -59 | -2,777 | 2,580 | 199 | -2,898 | 2,948 | -4,782 | 1,393 | 2,367 | 386 | - | ||
| - | 86 | -4,373 | -8,427 | -4,528 | -3,729 | -2,121 | -3,123 | -228 | 1,822 | -4,771 | -5,131 | -11,712 | -15,147 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | -13.3% | ||
| 91.1% | 96.9% | 42.7% | 26.5% | 46.4% | 31.5% | 18.1% | 16.8% | 19.6% | 11.2% | 14.7% | 17.4% | -0.3% | -13.1% | ||
| - | 1.22 | 0.39 | 0.62 | 0.69 | 0.77 | 0.87 | 0.82 | 0.98 | 1.14 | 0.83 | 0.67 | 0.23 | 0.13 | ||
| 0.10 | 0.03 | 1.34 | 2.78 | 1.15 | 2.18 | 4.52 | 4.96 | 4.09 | 7.94 | 5.80 | 4.74 | - | - | ||
| -10.6% | -31.6% | 5.0% | 3.6% | 31.8% | 34.0% | -14.9% | 17.6% | 42.0% | -34.2% | 1.3% | 101.9% | - | - | ||
| -9.6% | -30.7% | 2.2% | 0.9% | 14.8% | 10.7% | -2.7% | 3.0% | 8.2% | -3.8% | 0.2% | 17.7% | 14.6% | -32.0% | ||
| - | -3.92 | 43.17 | 41.05 | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 0 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 30 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €33,336 |
| - | €2,873 | €9,017 | €10,864 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €1,140, smaller than the loss of €3,682 in 2024.
Debt's share of the balance-sheet total rises from 3.1% to 8.9%. Equity is lower and debt is higher.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Roeselarestraat 232 registered office 8840 Staden | 18-07-2011 | 2.200.682.253 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 36014B0693/00Y003 | 485 m² | 1 · 111 m² | 9.5 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0837.702.193
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