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FEBAS

Active
Private limited companyfounded 201114 yrs activeDuinenlaan 62, 8434 Middelkerke, BelgiumKBO/BCE: BE 0841.645.145
Summary

FEBAS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €407k and a net result of €16k. Equity is growing by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 80% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
88 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-14
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 4.89 against 6.37 in 2024; short-term debt: 18.4% and cash: 61.6% of total assets), and 18.4% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
Sector 82
lower
← 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
81.6%
Return on assets
3.2%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 18-03-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 d early
2024
35 d early
2023
48 d early
2022
36 d early
2021
30 d early
2020
28 d early
2019
135 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today30-09-2026 close30-04-2027 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

Financials · fiscal year 2025, micro schema

Equity
€407k▼ 9.1%
2024 · €448k
2018: €140k 2019: €157k 2020: €214k 2021: €263k 2022: €267k 2023: €451k 2024: €448k
2018 → 2025
Total assets
€499k▼ 4.4%
2024 · €522k
2018: €208k 2019: €230k 2020: €277k 2021: €306k 2022: €317k 2023: €572k 2024: €522k
2018 → 2025
Net result
€16k▼ 79.0%
2024 · €77k
2018: €16k 2019: €17k 2020: €57k 2021: €49k 2022: €61k 2023: €183k 2024: €77k
2018 → 2025
Working capital
€358k▼ 10.1%
2024 · €398k
2018: €126k 2019: €145k 2020: €203k 2021: €254k 2022: €265k 2023: €447k 2024: €398k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€263k-€267k▲ 1.8%€451k▲ 68.5%€448k▼ 0.6%€407k▼ 9.1%
Operating result€69k-€86k▲ 25.6%€263k▲ 205%€107k▼ 59.4%€23k▼ 78.6%
Net result€49k-€61k▲ 25.3%€183k▲ 198%€77k▼ 58.1%€16k▼ 79.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2021: €69k€69kNet result 2021: €49k€49kOperating result 2022: €86k€86kNet result 2022: €61k€61kOperating result 2023: €263k€263kNet result 2023: €183k€183kOperating result 2024: €107k€107kNet result 2024: €77k€77kOperating result 2025: €23k€23kNet result 2025: €16k€16k20212022202320242025€0€100k€200k€300kOperating result 2023: €263k€263kNet result 2023: €183k€183kOperating result 2024: €107k€107kNet result 2024: €77k€77kOperating result 2025: €23k€23kNet result 2025: €16k€16k202320242025
The operating result has fallen two years in a row; 2025 is 79% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €499k
Fixed assets €50k ▼ 1.5%
Current assets €450k ▼ 4.7%
Equity and liabilities €499k
Equity €407k ▼ 9.1%
Debt €92k ▲ 24.3%
Debt's share of the balance-sheet total rises from 14.2% to 18.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€29k▼
2024 · €110k
Cash flow
€22k▼
2024 · €80k
Current ratio
4.89▼
2024 · 6.37
Debt to equity
0.23▲
2024 · 0.17
ROE
4.0%▼
2024 · 17.1%
ROA
3.2%▼
2024 · 14.7%
Interest coverage
34.88▼
2024 · 104.57
Debt ≤ 1 year
€92k▲
2024 · €74k
Income taxes
€8k▼
2024 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€522k€499k▼
Fixed assets21/28€50k€50k▼
Tangible fixed assets22/27€48k€47k▼
Plant, machinery and equipment23€720€357▼
Furniture and vehicles24€0€5k▲
Other tangible fixed assets26€47k€42k▼
Financial fixed assets28€2k€2k=
Current assets29/58€472k€450k▼
Amounts receivable after more than one year29€13k€9k▼
Other amounts receivable291€13k€9k▼
Amounts receivable within one year40/41€214k€132k▼
Trade receivables40€148k€72k▼
Other amounts receivable41€66k€60k▼
Cash at bank and in hand54/58€214k€308k▲
Deferred charges and accrued income490/1€31k€783▼
Equity and liabilities
Total equity and liabilities10/49€522k€499k▼
Equity10/15€448k€407k▼
Contributions10/11€6k€6k=
Reserves13€442k€401k▼
Tax-exempt reserves132€501€501=
Distributable reserves133€441k€401k▼
Amounts payable17/49€74k€92k▲
Amounts payable within one year42/48€74k€92k▲
Financial debts43€19k€13k▼
Credit institutions430/8€19k€13k▼
Trade debts44€27k€16k▼
Suppliers440/4€27k€16k▼
Taxes, remuneration and social security45€11k€7k▼
Taxes450/3€11k€7k▼
Other amounts payable47/48€17k€57k▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€6k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€112k€30k▼
Operating profit (loss)9901€107k€23k▼
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€1k€818▼
Recurring financial charges65€1k€818▼
Profit (loss) for the period before taxes9903€109k€25k▼
Income taxes67/77€33k€8k▼
Profit (loss) for the period9904€77k€16k▼
Profit (loss) for the period to be appropriated9905€77k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€16k▼
Transfer from equity791/2€79k€57k▼
Transfer to equity691/2€77k€16k▼
To other reserves6921€77k€16k▼
Profit to be distributed694/7€79k€57k▼
Return on contributions (dividend)694€79k€57k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
18-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Weakest financial yearnet €16k ▼79%
Net result drops to €16k, the lowest in the series.
26-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
13-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Highest result since 2018net €183k ▲198%
Operating result €263k, net result €183k, both a record.
25-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
02-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Equity above €200kEq €214k ▲36.2%
3 profitable years in a row build equity to €214k.
2019
17-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
30-09
Financial Equity above €150kEq €157k ▲12.5%
2 profitable years in a row build equity to €157k.
08-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
15-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 291 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Middelkerke · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
666 m²
Building footprint
144 m²
Volume, LiDAR
651 m³
Parcel 35022A0022/00H000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
FEBAS
Duinenlaan 62, 8434 MiddelkerkeFinancial service activities, except insurance and pension funding
since 20112.205.219.378
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35022A0022/00H000 Flanders 666 m² 1 · 144 m² 8.7 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 24,497 companies in sector 82990 we hold annual accounts for 9,406. 6,155 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-12-2011
Fiscal year end30-09
Activities, NACEBEL 2025
82990Other business support services
64210Activities of holding companies
70200Business and other management consultancy
90111Literary creation
90120Visual arts creation
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

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