Equity
-€94,902
Debts exceed assets in financial year 2025.
FEYNMAN
Lifetime
6 annual accounts with figures on one time axispeak €217,063 (2020)
€91,810▲ 1.1%
lowest -€77,310 (2024)
€1,877▲ €79,187
peak -€1,964 (2022)
-€94,902▲ €1,877
€1.9m▼ 7.5%
peak 0 FTE (2025)
0 FTE
Board3 names since 2004
1 directorDe Decker Michael
Documentsfilings and deeds
17-07-202614 days before the deadline
2025abbreviated format
Back to profit: €1,877Cash from €76,856 to €24,296
Key points
from the 2025 annual accountsResult
€1,877 €1,877
Back in profit in 2025, after a loss of €77,310 in 2024.
Turnover
≈ €120,000 estimated
The accounts state no turnover.
Debts
€1.9m 105% of the balance sheet
Financial debts 47%Suppliers 2%Taxes and wages 1%Other 50%
Of this, €1.0m falls due within a year.
Filings
6 annual accounts 1 late
The 2023 accounts came 29 days late. The other five were filed on time.
Position in the sector
-€94,902
Less equity than 90% of companies in real estate. Sector median €300,201 · 11,304 companies.
Checked score
54
Fair
Financially stronger than 34% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%lowest value
01-2025: 0.3%● unchanged vs 12-2024lowest value
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 0.3%▼ -0.2 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%▼ -0.1 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€94,902
Liquidity: current ratio 0.17, cash €24,296, halved
lowers risk
Size: total assets €1.8m
Figures for financial year 2025 (filed on 17-07-2026)
Calculation
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 68, micro). It does better than 16% of them on solvency, 18% on liquidity, 50% on profitability and 52% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 519 companies had the same profile as FEYNMAN has now. Each dot stands for 2 companies, two years later.
91.5%
were still trading
3.9%
stopped another way
2.9%
went bankrupt
Another 1.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FEYNMAN itself is lower: 0.3% within 12 months. It rests on far more data about FEYNMAN than the profile alone.
Test of the method
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 519 companies, not a prediction for FEYNMAN. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.17 (0.31 in 2024), below 1. Short-term debt is 55.5% and cash 1.3% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 11299 sector peers (2025).
NBB · sector comparisonPosition among 11299 sector peers
Solvency
better than 13%
← 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 17-07-2026, 14 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
14 days early
2024
15 days early
2023
29 days late
2022
35 days early
2021
27 days early
2020
38 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 17 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0869551946
Resignation: Christine VASTENAVONDT (director)
Gazette deed
Capital increase of €125,000 to €125,500
Capital from €500 to €125,500, 12,500 new shares · 12,500 shares · General meeting of 28-11-2022 · Gazette deed
Registered office moved from Brussels to Zele
New registered office: Lokerenbaan 70, 9240 Zele · Previous registered office: Justus Lipsiusstraat 21, 1040 Brussel · Board meeting of 01-04-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FEYNMAN Zele | €1.8m | €91,810 | -5.1% | 0 |
| EMVI-Invest Dendermonde | €1.7m | €102,934 | 26.2% | 0 |
| MAREKA Antwerp | €1.9m | €70,607 | 21.0% | 0 |
| MARMINA Genk | €1.4m | €98,796 | 30.6% | 0 |
| BRUNO VANTOMME-ADVOCATENKANTOOR Saint-Josse-ten-Noode | €1.8m | €130,656 | 33.4% | 0 |
| API TOGETHER Durbuy | €1.3m | €118,768 | 15.9% | 0 |
| IMMO BEHEER DK Westerlo | €1.7m | €65,881 | 65.5% | 0 |
These companies have the same main activity as FEYNMAN: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €1.3m and €1.9m, founded between 1996 and 2004.
Official details
Source: KBO- Status
- Active since 01-10-2004Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 1 other
- Establishment unit
- 2.144.184.4069240 Zele, since 01-10-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 30-06-2026
Annual accounts 2025
- €1.8m▼ 7.7%
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on FEYNMAN
FEYNMAN files the abbreviated format. That format states no turnover. The gross margin fell from €217,063 in 2020 to €91,810 in 2025.
The balance sheet grew most in 2021 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FEYNMAN
- What is the company number of FEYNMAN?
- The company number of FEYNMAN is 0869.551.946. The VAT number is the same number with BE in front: BE 0869.551.946.
- Where is FEYNMAN based?
- The registered office is at Lokerenbaan 70, 9240 Zele.Company details
- What does FEYNMAN do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of FEYNMAN?
- FEYNMAN is a private limited company (BV).
- When was FEYNMAN founded?
- FEYNMAN was founded on 01-10-2004.
- Is FEYNMAN still active?
- Yes, FEYNMAN is an active enterprise in the KBO register.
- What is the turnover of FEYNMAN?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €91,810 and 45 comparable companies (NACE 682). It probably lies between €100,000 and €150,000.Financials
- Is FEYNMAN profitable?
- In financial year 2025, FEYNMAN made a profit of €1,877.
- Where can I find the annual accounts of FEYNMAN?
- FEYNMAN filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FEYNMAN due?
- FEYNMAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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