Skip to content

FEYTRAY

Active
Public limited company·Vervaardiging van carrosserieën voor motorvoertuigen· 58 yrs active
Kalkhoevestraat 59 ·8790 Waregem, Belgium
KBO/BCE: BE 0406.418.716
Watch Print / PDF
Full dossier in preparation

Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

Process with priority Sign in free to move this company to the front.
Age58 yrs
Staff (FTE)9.7

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of FEYTRAY is 0.2% (very low). The 2025 annual accounts show equity of €1.23M and a net result of €30k. Equity remains stable across the filed fiscal years (±1.2% per year). The company has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
Long-established
Founded in 1968, 58 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 Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.2% Very low
0%0,5%1,5%4%10%≥25%
Long track record Annual accounts: healthy financial profile Lower-risk legal form

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

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€30k-32.2%
Working capital€1.32M+8.0%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 31-03-2026 with the NBB · fiscal year 2025 · verkort
€-25k€0€25k€50k€75kOperating result 2021: €48k€48kNet result 2021: €25k€25kOperating result 2022: €46k€46kNet result 2022: €27k€27kOperating result 2023: €27k€27kNet result 2023: €-552€-552Operating result 2024: €84k€84kNet result 2024: €44k€44kOperating result 2025: €83k€83kNet result 2025: €30k€30k20212022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 8 fiscal years (±1.2%/year).
€1.10M€1.20M€1.30M€1.40M2026: €1.22M (€1.13M - €1.32M)2027: €1.24M (€1.14M - €1.34M)2028: €1.25M (€1.16M - €1.35M)2018: €1.17M2019: €1.15M2020: €1.11M2021: €1.13M2022: €1.16M2023: €1.16M2024: €1.20M2025: €1.23M20182019202020212022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA
€108k
+9.2% +109% vs sector
Net profit
€30k
-32.2% +141% vs sector
Cash flow
€55k
-7.0% +28% vs sector
Total assets
€2.80M
-4.0% far above sector median
Equity
€1.23M
+2.5% far above sector median
Working capital
€1.32M
+8.0% far above sector median
Employees (FTE)
10
-1.0% far above sector median
Staff costs
€846k
+17.2% far above sector median
Income taxes
€19k
-17.8% +49% vs sector
Debt
€1.57M
-8.6% far above sector median
Debt ≤ 1y
€1.37M
-15.5% far above sector median
Debt > 1y
€194k
+117.0% +259% vs sector
Current ratio
1.96
+11.9% +78% vs sector
Quick ratio
0.55
-46.3% +14% vs sector
Solvency
44.0%
+6.7% +40% vs sector
Debt / equity
1.27
-10.8% -42% vs sector
ROE
2.4%
-33.9% -92% vs sector
ROA
1.1%
-29.4% -91% vs sector
Interest coverage
2.80
-26.4% -92% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€108k
Net profit€30k
Cash flow€55k
Staff costs€846k
Income taxes€19k
Dividends-
Total assets€2.80M
Equity€1.23M
Debt€1.57M
of which ≤ 1y€1.37M
of which > 1y€194k
Working capital€1.32M
Employees (FTE)9.7
Ratios (computed)
2025
Current ratio1.96
Quick ratio0.55
Working capital ratio47.1%
Solvency44.0%
Debt / equity1.27
Long-term debt ratio0.16
Interest coverage2.80
Gross margin-
Net margin-
ROA1.1%
ROE2.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€2.80M
Fixed assets 21/28€109k
Tangible fixed assets 22/27€105k
Financial fixed assets 28€4k
Current assets 29/58€2.69M
Stocks & contracts in progress 3€1.93M
Amounts receivable within one year 40/41€480k
Cash & bank 54/58€256k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.80M
Equity 10/15€1.23M
Contributions / capital 10/11€230k
Reserves 13€1.00M
Amounts payable 17/49€1.57M
Amounts payable after one year 17€194k
Amounts payable within one year 42/48€1.37M
Trade debts payable within one year 44€375k
Income statement
Gross operating margin 9900€981k
Operating result 9901€83k
Financial income 75€4k
Financial charges 65€39k
Result before taxes 9903€48k
Income taxes 67/77€19k
Net result for the period 9904€30k
Result to be appropriated 9905€30k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
64 / 100 Healthy
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register
2 companies at this address See who is registered here

Establishment units

1 location
FEYTRAY
Kalkhoevestraat 59, 8790 WaregemVervaardiging van motoren en turbines, exclusief motoren voor luchtvaartuigen, motorvoertuigen en bromfietsen
since 19682.002.050.009
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area5,046 m²
Buildings1
Building footprint1,039 m²
Volume (LiDAR)6,203 m³
Tallest building9.2 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34452B0839/00B006 Flanders 5,046 m² 1 · 1,039 m² 9.2 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts
All acts · 1 updated 3 years ago
2023
12-06-2023 2 directors appointed, 2 resigning Director changes
  • Médard Eeckhout, Bestuurder
  • Philippe Vermaut, Bestuurder
  • Vermaut, Bestuurder
  • Philippe Vermaut, Gedelegeerd bestuurder

Analysis

Snowflake analysis

financial profile on 5 axes
Health64Profitability12Solvency88Growth78Stability100
68 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 64
Profitability 12
Solvency 88
Growth 78
Stability 100

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Largest companies in this sector: this company is among the largest, so we show the sector's top

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Vervaardiging van carrosserieën voor motorvoertuigen29201Vervaardiging van carrosserieën voor motorvoertuigen29201Reparatie van producten van metaal33110Reparatie en onderhoud van producten van metaal33110Vervaardiging van carrosserieën en aanhangwagens34201Vervaardiging van aanhangwagens, caravans en opleggers29202Vervaardiging van aanhangwagens, opleggers en caravans29202Reparatie van machines33120Reparatie en onderhoud van machines33120Handel in aanhangwagens, opleggers en caravans45194Carrosserieherstelling45204Groothandel in andere machines en werktuigen, neg46649Groothandel in andere machines en werktuigen, n.e.g.46699Groothandel in aanhangwagens, opleggers en caravans46713Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw77320Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw77320Carrosserieherstelling (inclusief spuiten en verven)95314
Primary activity highlighted.
Names & trade names
Legal nameNL FEYTRAY
Registered office
Kalkhoevestraat 59
8790 Waregem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.