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FEVius

Active
Private limited companyfounded 201510 yrs activeGemeenhof(Heu) 79, 8501 Kortrijk, BelgiumKBO/BCE: BE 0644.674.668
Summary

FEVius has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,787 and a net result of €282,399. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 12819 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency39▼-40
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.61 in 2024; short-term debt: 85.4% and cash: 46% of total assets), and 85.7% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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
14.3%
Return on assets
78.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 12819 sector peers (2025).
NBB · sector comparison
Position among 12819 sector peers
Solvency
better than 16%
← weakest strongest →
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 17-02-2026, 164 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
164 d early
2024
164 d early
2023
152 d early
2022
139 d early
2021
171 d early
2020
145 d early
2019
157 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 156 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 17 February (5 of the last 5 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

FEVius was incorporated on 18 December 2015.1 Total assets rose from EUR 257,185 in 2018 to EUR 361,348 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
€0
Total assets
€361,348▲ 87.6%
2024 · €192,571
Net result
€282,399▲ 0.4%
2024 · €281,154
Working capital
€11,460▼ 78.3%
2024 · €52,919
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting 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
Line20212022202320242025
Turnover
Operating result€32,975▲ 3,378%€45,613▲ 38.3%€42,821▼ 6.1%€47,593▲ 11.1%€30,613▼ 35.7%
Net result€211,255above the sector's middle half▲ 103%€229,392above the sector's middle half▲ 8.6%€255,181above the sector's middle half▲ 11.2%€281,154above the sector's middle half▲ 10.2%€282,399above the sector's middle half▲ 0.4%
Equity€201,660within the sector's middle half▲ 67.5%€48,052within the sector's middle half▼ 76.2%€23,234below the sector's middle half▼ 51.6%€104,388within the sector's middle half▲ 349%€51,787within the sector's middle half▼ 50.4%
Total assets€391,981within the sector's middle half▲ 112%€118,387within the sector's middle half▼ 69.8%€381,577within the sector's middle half▲ 222%€192,571within the sector's middle half▼ 49.5%€361,348within the sector's middle half▲ 87.6%
Debt€190,321▲ 194%€70,335▼ 63.0%€358,343▲ 409%€88,183▼ 75.4%€309,561▲ 251%
Working capital€190,661above the sector's middle half▲ 85.7%€43,802within the sector's middle half▼ 77.0%€18,984within the sector's middle half▼ 56.7%€52,919within the sector's middle half▲ 179%€11,460within the sector's middle half▼ 78.3%
Solvency51.4%within the sector's middle half▼ 13.6pp40.6%within the sector's middle half▼ 10.9pp6.1%below the sector's middle half▼ 34.5pp54.2%within the sector's middle half▲ 48.1pp14.3%below the sector's middle half▼ 39.9pp
Current ratio2.01within the sector's middle half▼ 0.601.63within the sector's middle half▼ 0.381.05below the sector's middle half▼ 0.581.61within the sector's middle half▲ 0.551.04below the sector's middle half▼ 0.57
Return on assets (ROA)53.9%above the sector's middle half▼ 2.4pp193.8%above the sector's middle half▲ 139.9pp66.9%above the sector's middle half▼ 126.9pp146.0%above the sector's middle half▲ 79.1pp78.2%above the sector's middle half▼ 67.8pp
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000Operating result 2021: €32,975€32,975Net result 2021: €211,255€211,255Operating result 2022: €45,613€45,613Net result 2022: €229,392€229,392Operating result 2023: €42,821€42,821Net result 2023: €255,181€255,181Operating result 2024: €47,593€47,593Net result 2024: €281,154€281,154Operating result 2025: €30,613€30,613Net result 2025: €282,399€282,39920212022202320242025€0€100,000€200,000€300,000Operating result 2023: €42,821€42,800Net result 2023: €255,181€255,000Operating result 2024: €47,593€47,600Net result 2024: €281,154€281,000Operating result 2025: €30,613€30,600Net result 2025: €282,399€282,000202320242025
The operating result falls in 2025; 2025 is 36% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €361,348
Fixed assets €41,326 ▼ 21.2%
Current assets €320,021 ▲ 128%
Equity and liabilities €361,348
Equity €51,787 ▼ 50.4%
Debt €309,561 ▲ 251%
Debt's share of the balance-sheet total rises from 45.8% to 85.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€41,755▼
2024 · €56,087
Cash flow
€293,542▲
2024 · €289,648
Debt to equity
5.98▲
2024 · 0.84
ROE
545.3%▲
2024 · 269.3%
Interest coverage
7.39▼
2024 · 9.74
Debt ≤ 1 year
€308,561▲
2024 · €87,183
Income taxes
€6,237▼
2024 · €8,487
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,053 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.5% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 5,053 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 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€192,571€361,348▲
Fixed assets21/28€52,469€41,326▼
Tangible fixed assets22/27€47,219€36,076▼
Furniture and vehicles24€47,219€36,076▼
Financial fixed assets28€5,250€5,250=
Current assets29/58€140,102€320,021▲
Amounts receivable within one year40/41€4,013€1,763▼
Other amounts receivable41€4,013€1,763▼
Current investments50/53-€150,000
Cash at bank and in hand54/58€134,190€166,186▲
Deferred charges and accrued income490/1€1,899€2,072▲
Equity and liabilities
Total equity and liabilities10/49€192,571€361,348▲
Equity10/15€104,388€51,787▼
Contributions10/11€18,550€18,550=
Reserves13€85,838€33,237▼
Distributable reserves133€85,838€33,237▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€88,183€309,561▲
Amounts payable within one year42/48€87,183€308,561▲
Trade debts44€0€502▲
Suppliers440/4€0€502▲
Taxes, remuneration and social security45€8,408€8,099▼
Taxes450/3€5,503€5,194▼
Remuneration and social security454/9€2,905€2,905=
Other amounts payable47/48€78,775€299,960▲
Accrued charges and deferred income492/3€1,000€1,000=
Income statement Code20242025
Non-recurring operating income76A€11,500€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,494€11,143▲
Other operating charges640/8€555€686▲
Gross operating margin9900€56,642€42,441▼
Operating profit (loss)9901€47,593€30,613▼
Financial income75/76B€247,808€263,673▲
Recurring financial income75€247,808€263,673▲
Financial charges65/66B€5,760€5,650▼
Recurring financial charges65€5,760€5,650▼
Profit (loss) for the period before taxes9903€289,642€288,636▼
Income taxes67/77€8,487€6,237▼
Profit (loss) for the period9904€281,154€282,399▲
Profit (loss) for the period to be appropriated9905€281,154€282,399▲
Appropriation of the result
Profit (loss) to be appropriated9906€281,154€282,399▲
Transfer from equity791/2€200,000€85,000▼
Transfer to equity691/2€281,154€32,399▼
To other reserves6921€281,154€32,399▼
Profit to be distributed694/7€200,000€335,000▲
Return on contributions (dividend)694€200,000€335,000▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A---€11,500€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,749€6,749€0€8,494€11,143▲ 31.2%
Other operating charges640/8-€700€867€555€686▲ 23.5%
Gross operating margin9900€40,404€53,062€43,688€56,642€42,441▼ 25.1%
Operating profit (loss)9901€32,975€45,613€42,821€47,593€30,613▼ 35.7%
Financial income75/76B-€196,422€225,329€247,808€263,673▲ 6.4%
Recurring financial income75€188,500€196,422€225,329€247,808€263,673▲ 6.4%
Financial charges65/66B-€2,262€3,591€5,760€5,650▼ 1.9%
Recurring financial charges65€1,950€2,262€3,591€5,760€5,650▼ 1.9%
Profit (loss) for the period before taxes9903€219,525€239,772€264,558€289,642€288,636▼ 0.3%
Income taxes67/77€8,270€10,380€9,377€8,487€6,237▼ 26.5%
Profit (loss) for the period9904€211,255€229,392€255,181€281,154€282,399▲ 0.4%
Profit (loss) for the period to be appropriated9905€211,255€229,392€255,181€281,154€282,399▲ 0.4%
Line20212022202320242025Change
Assets
Total assets20/58€391,981€118,387€381,577€192,571€361,348▲ 87.6%
Fixed assets21/28€11,999€5,250€5,250€52,469€41,326▼ 21.2%
Tangible fixed assets22/27€6,749€0-€47,219€36,076▼ 23.6%
Furniture and vehicles24-€0-€47,219€36,076▼ 23.6%
Financial fixed assets28€5,250€5,250€5,250€5,250€5,250=
Current assets29/58€379,982€113,137€376,327€140,102€320,021▲ 128%
Amounts receivable within one year40/41€11,843€0€623€4,013€1,763▼ 56.1%
Trade receivables40-€0----
Other amounts receivable41--€623€4,013€1,763▼ 56.1%
Current investments50/53----€150,000-
Cash at bank and in hand54/58€366,295€111,279€373,808€134,190€166,186▲ 23.8%
Deferred charges and accrued income490/1-€1,858€1,896€1,899€2,072▲ 9.1%
Equity and liabilities
Total equity and liabilities10/49€391,981€118,387€381,577€192,571€361,348▲ 87.6%
Equity10/15€201,660€48,052€23,234€104,388€51,787▼ 50.4%
Contributions10/11-€18,550€18,550€18,550€18,550=
Reserves13€183,110€29,502€4,684€85,838€33,237▼ 61.3%
Distributable reserves133-€29,502€4,684€85,838€33,237▼ 61.3%
Profit (loss) carried forward14-€0€0€0€0-
Amounts payable17/49€190,321€70,335€358,343€88,183€309,561▲ 251%
Amounts payable within one year42/48€189,321€69,335€357,343€87,183€308,561▲ 254%
Trade debts44€0€358€358€0€502-
Suppliers440/4-€358€358€0€502-
Taxes, remuneration and social security45-€10,301€8,239€8,408€8,099▼ 3.7%
Taxes450/3-€7,396€5,334€5,503€5,194▼ 5.6%
Remuneration and social security454/9-€2,905€2,905€2,905€2,905=
Other amounts payable47/48-€58,676€348,746€78,775€299,960▲ 281%
Accrued charges and deferred income492/3-€1,000€1,000€1,000€1,000=
Line20212022202320242025Change
Profit (loss) for the period9904€211,255€229,392€255,181€281,154€282,399▲ 0.4%
+ Depreciation and write-downs630€6,749€6,749€0€8,494€11,143▲ 31.2%
Operating cash flow (approximation)€218,005€236,141€255,181€289,648€293,542▲ 1.3%
Investment in fixed assets (approximation)-€0€0-€55,713€0▲ 100%
Change in cash--€255,016€262,529-€239,618€31,996▲ 113%

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
17-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €282,399 ▲0.4%
Net result €282,399, the highest in the series.
17-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €100,000Eq €104,388 ▲349%
7 profitable years in a row build equity to €104,388.
01-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
14-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
10-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €200,000Eq €201,660 ▲67.5%
4 profitable years in a row build equity to €201,660.
08-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €104,248 ▼51.5%
Net result drops to €104,248, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity triplescurrent ratio 2.61
Current ratio from 1.02 to 2.61; short-term debt falls from €439,316 to €63,834.
31-12
Financial Equity above €100,000Eq €120,405 ▲280%
3 profitable years in a row build equity to €120,405.
Show earlier events
25-02
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
15-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
17-03
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.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Kortrijk · 2 establishment units since 2016
seat establishment All 2 establishment units on the map
Ground area
1.9 ha
Building footprint
2,063 m²
Volume, LiDAR
10,147 m³
2 parcels, Flanders · tallest building 27.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
FEVius
Gemeenhof(Heu) 79, 8501 KortrijkActivities of bailiffs
since 20162.248.932.231
Stedestraat 51, 8530 Harelbeke
Activities of bailiffs
since 20232.340.153.209
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34323D0008/00X002 Flanders 1.7 ha 1 · 1,745 m² 10.3 m · 2 fl.
34016A0378/00L000 Flanders 2,165 m² 1 · 318 m² 27.1 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of FEVius and those 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

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 1,019 companies in sector 69103 we hold annual accounts for 611. 383 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
Founded18-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
69103Activities of bailiffs
E-invoicing
Reachable via Peppol
Peppol ID 0208:0644674668
Also 9925:BE0644674668
Registered 29-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.