Financials
- Fiscal year
- 2024
- Total assets
- €321,829
- Profit
- €96,181
- Solvency
- 96.6%
Total assets▼ 62.6%
Net result
20182024
FE
ActiveSummary
FE has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €310,786 and a net result of €96,181. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 95% of 5899 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Activity
Landscape service activities
NACE 81300Raising of dairy cattle NACE 01410
1 site
Size
€321,829total assets 2024
- Equity
- €310,786
- Profit
- €96,181
Structure
Accounts 66 d overdue0 of 4 deeds read
Why 64- Figures for FY 2024 (filed 22-08-2025)- Size: total assets €321,829+ Founded in 1987+ Equity €310,786 (96.6% of total assets)Show the evidence
Checked score
Score 2024
64
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 43% of its sector peers (NACE 81, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
100=
equity 96.6% of total assets
Liquidity
52-4
short-term debt 3.4% · cash 1.7%
Profitability
50-20
return on assets 29.9%
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● 0.0% vs 11-2024
01-2025: 0.3%▼ -3.5% vs 12-2024
02-2025: 0.3%▲ +2.2% vs 01-2025
03-2025: 0.3%▲ +1.8% vs 02-2025
04-2025: 0.3%▼ -5.6% vs 03-2025
05-2025: 0.3%▲ +0.7% vs 04-2025
06-2025: 0.3%▼ -6.3% vs 05-2025lowest value
07-2025: 0.3%▲ +24.1% vs 06-2025
08-2025: 0.4%▲ +34.1% vs 07-2025
09-2025: 0.7%▲ +65.3% vs 08-2025
10-2025: 0.7%● 0.0% vs 09-2025
11-2025: 0.7%● 0.0% vs 10-2025
12-2025: 0.7%● 0.0% vs 11-2025
01-2026: 0.7%▼ -3.4% vs 12-2025
02-2026: 0.7%● 0.0% vs 01-2026
03-2026: 0.7%▼ -1.5% vs 02-2026
04-2026: 0.7%▲ +0.6% vs 03-2026
05-2026: 0.7%▲ +2.1% vs 04-2026
06-2026: 0.7%▼ -2.2% vs 05-2026
07-2026: 0.7%▲ +6.3% vs 06-2026
08-2026: 1.0%▲ +38.9% vs 07-2026
09-2026: 1.1%▲ +12.0% vs 08-2026
10-2026: 1.4%▲ +28.2% vs 09-2026highest value
- Figures for FY 2024 (filed 22-08-2025) raises the probability
- Founded in 1987 lowers the probability for this profile
- Equity €310,786 (96.6% of total assets) lowers the probability
- Size: total assets €321,829 raises the probability for this profile
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 21.29 against 28.06 in 2023; short-term debt: 3.4% and cash: 1.7% of total assets), and 3.4% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 81, micro). Better than this share of them on solvency 92%, liquidity 52%, profitability 22%, growth against the median 8%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 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
21 d late
2023
42 d late
2022
92 d late
2021
30 d late
2020
73 d early
2019
74 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 6 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2018net €96,181 ▲1,100%
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2016
- 21-08-2025Annual accounts filed
- 31-12-2024Highest result since 2018
- 11-09-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Landscape service activitiesNACE 81300
- Founded
- 23-12-1987
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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