Active BE 0568.895.496Non-profit association

FEDERIA

Avenue Pasteur 6 ·1300 Wavre, Belgium· 11 yrs active

Sector: Activiteiten van beroepsorganisaties (94120)

Conclusion Checked

The computed 12-month bankruptcy probability of FEDERIA is < 0.1% (very low). The 2025 annual accounts show equity of €769k and a net result of €149k. Its solvency ranks better than 56% of 33 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€769k
Net result	€149k
Staff (FTE)	5
Better than sector	56%

Financial profile 4 of 5 axes measured · computed by Checked

94 / 100

Strong profile, led by solvency.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 93

Profitability 97

Solvency 100

Growth -

Stability 85

Bankruptcy probability (12 mo) Checked model v1 · free

< 0.1% Very low

0%0,5%1,5%4%10%≥25%

Lower-risk legal form −Lower-failure-rate sector −Multiple establishment units +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Established

Founded in 2015, 11 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2025 · computed

93 / 100 Excellent

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 11-08-2026 with the NBB · fiscal year 2025 · volledig

Sector comparison

Fiscal year 2025 · NACE 94 · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	75.2%	64.2%	better than 56% of 33 sector peers
Net result	€149k	€27k	better than 78% of 32 sector peers
Equity	€769k	€527k	better than 67% of 33 sector peers
Gross operating margin	€527k	€458k	better than 56% of 33 sector peers
Staff costs	€369k	€392k	higher than 45% of 31 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	volledig
Revenue	-
EBITDA	€155k
Net profit	€149k
Cash flow	€159k
Staff costs	€369k
Income taxes	€2k
Dividends	-
Total assets	€1.02M
Equity	€769k
Debt	€253k
of which ≤ 1y	€253k
of which > 1y	-
Working capital	€692k
Employees (FTE)	5.0

Ratios (computed)

	2025
Current ratio	3.73
Quick ratio	3.73
Working capital ratio	67.7%
Solvency	75.2%
Debt / equity	0.33
Long-term debt ratio	-
Interest coverage	347.85
Gross margin	-
Net margin	-
ROA	14.6%
ROE	19.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €77k · 7.6% Current assets €945k · 92.4%

Equity & liabilities

Equity €769k · 75.2% Debt €253k · 24.8%

Full annual accounts (26 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.02M
Fixed assets	21/28	€77k
Intangible fixed assets	21	€0
Tangible fixed assets	22/27	€13k
Financial fixed assets	28	€64k
Current assets	29/58	€945k
Stocks & contracts in progress	3	€0
Amounts receivable within one year	40/41	€413k
Investments	50/53	€250k
Cash & bank	54/58	€264k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.02M
Equity	10/15	€769k
Contributions / capital	10/11	€45k
Reserves	13	€150k
Accumulated profits (losses)	14	€574k
Amounts payable	17/49	€253k
Amounts payable within one year	42/48	€253k
Trade debts payable within one year	44	€166k
Income statement
Gross operating margin	9900	€527k
Operating result	9901	€145k
Financial income	75	€6k
Financial charges	65	€446
Result before taxes	9903	€151k
Income taxes	67/77	€2k
Net result for the period	9904	€149k
Result to be appropriated	9905	€149k

Ratios computed by Checked.

Directors & mandates 5 directors

Directors derived from a single State Gazette act, under verification

All 3 current directors first appear in the same act (25118444). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.

Current directors & mandates

Alain NELIS
Director
State Gazette act 25118444 (18-09-2025)

Current
18-09-2025 → present
Alexandre LE CLEMENT DE SAINT-MARCQ
Director
State Gazette act 25118444 (18-09-2025)

Current
18-09-2025 → present
Olivier BOURCART
Director
State Gazette act 25118444 (18-09-2025)

Current
18-09-2025 → present

Former directors (2)

Muriel MASSON
Director
State Gazette act 25118444 (18-09-2025)

Former
- → 18-09-2025
Paul COSSE
Director
State Gazette act 25118444 (18-09-2025)

Former
- → 18-09-2025

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Activiteiten van beroepsorganisaties(94120)
Legal form	Non-profit association(017)
Incorporation	20-01-2015
Status	Active
Postal code	1300

Connections & network 1 connected companies

Group structure

Centre d'Etude et de Formations Immobilières

We sit on their board · 1 location

→

Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control 1 parties

FEDERIABE 0568.895.496

controls

Where this company holds controlthis company sits on their board1

Centre d'Etude et de Formations Immobilières

1 location

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Establishment units 2 locations

FEDERIA ASBL

Avenue Pasteur 6, 1300 WavreActiviteiten van beroepsorganisaties

since 20172.262.384.745

FEDERIA

Louizalaan 230, 1050 ElseneActiviteiten van beroepsorganisaties

since 20202.304.479.874

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25112N0017/00A002	Wallonia	1.7 ha	1 · 1,071 m²	14.7 m · 4 fl.
21807G0121/00Y006	Brussels	1,055 m²	1 · 702 m²	34.3 m · 4 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

11-08-2026

NBB filing Annual accounts filed

fiscal year 2025 · volledig

2025

18-09-2025

State Gazette act Director changes

Belgian State Gazette reading coverage 0 of 11 acts read

We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 11 months ago

2025

18-09-2025 6 directors appointed, 2 resigning Director changes

Olivier BOURCART, Bestuurder
Alexandre LE CLEMENT DE SAINT-MARCQ, Bestuurder
Alain NELIS, Bestuurder
Muriel MASSON, Commissaris
Matthieu GEHOT, Commissaris
Caroline LEJEUNE, Commissaris
Paul COSSE, Bestuurder
Muriel MASSON, Bestuurder

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Activiteiten van beroepsorganisaties94120

Primary activity highlighted.

Names & trade names

Legal nameFR

FEDERIA

Registered office

Avenue Pasteur 6

1300 Wavre, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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