Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Federal Eco Foam is 0.2% (very low). The 2025 annual accounts show equity of €3.99M and a net result of €78k. The company has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 11-05-2026 | 81 d early | 2026-00107566 |
| 31-12-2024 | 31-07-2025 | 22-05-2025 | 70 d early | 2025-00101866 |
| 31-12-2023 | 31-07-2024 | 09-07-2024 | 22 d early | 2024-00231026 |
| 31-12-2022 | 31-07-2023 | 28-06-2023 | 33 d early | 2023-00168799 |
| 31-12-2021 | 31-07-2022 | 16-05-2022 | 76 d early | 2022-20027369 |
| 31-12-2020 | 31-07-2021 | 03-04-2021 | 119 d early | 2021-09700027 |
| 31-12-2019 | 31-07-2020 | 27-05-2020 | 65 d early | 2020-13300475 |
| 31-12-2018 | 31-07-2019 | 23-05-2019 | 69 d early | 2019-14100095 |
| 31-12-2017 | 31-07-2018 | 17-05-2018 | 75 d early | 2018-13000207 |
| 31-12-2016 | 31-07-2017 | 09-06-2017 | 52 d early | 2017-16200579 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Annual accounts & ratios
Source: NBB · 2025| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | €14.86M |
| EBITDA | €932k |
| Net profit | €78k |
| Cash flow | €682k |
| Staff costs | €4.52M |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €11.37M |
| Equity | €3.99M |
| Debt | €7.31M |
| of which ≤ 1y | €2.01M |
| of which > 1y | €5.00M |
| Working capital | €593k |
| Employees (FTE) | 65.4 |
| 2025 | |
|---|---|
| Current ratio | 1.30 |
| Quick ratio | 0.63 |
| Working capital ratio | 5.2% |
| Solvency | 35.1% |
| Debt / equity | 1.83 |
| Long-term debt ratio | 1.25 |
| Interest coverage | 4.75 |
| Gross margin | 63.7% |
| Net margin | 0.5% |
| ROA | 0.7% |
| ROE | 2.0% |
| EBITDA margin | 6.3% |
| Days sales outstanding | 27d |
| Days payable outstanding | 75d |
| Inventory turnover | 4.03 |
| Days inventory (DSI) | 91d |
Full annual accounts (27 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €11.37M |
| Fixed assets | 21/28 | €8.76M |
| Intangible fixed assets | 21 | €22k |
| Tangible fixed assets | 22/27 | €8.74M |
| Financial fixed assets | 28 | €75 |
| Current assets | 29/58 | €2.60M |
| Stocks & contracts in progress | 3 | €1.34M |
| Amounts receivable within one year | 40/41 | €1.21M |
| Cash & bank | 54/58 | €738 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €11.37M |
| Equity | 10/15 | €3.99M |
| Contributions / capital | 10/11 | €220k |
| Reserves | 13 | €5.07M |
| Accumulated profits (losses) | 14 | €-1.30M |
| Provisions & deferred taxes | 16 | €68k |
| Amounts payable | 17/49 | €7.31M |
| Amounts payable after one year | 17 | €5.00M |
| Amounts payable within one year | 42/48 | €2.01M |
| Trade debts payable within one year | 44 | €1.11M |
| Income statement | ||
| Turnover | 70 | €14.86M |
| Operating result | 9901 | €327k |
| Financial income | 75 | €28k |
| Financial charges | 65 | €275k |
| Result before taxes | 9903 | €80k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €78k |
| Result to be appropriated | 9905 | €78k |
Health barometer
FY 2025 · computedThe full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Directors
Directors & mandates
4 directors-
FehamaliPrivate limited companyDirector· perm. rep.: Ferdinand HuysmansState Gazette act 20128398 (30-10-2020)Current01-10-2020 → present
Historic, not recently confirmed (1)
-
ReMi CONSULTING BVLegal entityDirector· perm. rep.: Jean GeurtsState Gazette act 20038076 (10-03-2020)Not recently confirmedlast confirmed in an act from 2020
Former directors (2)
-
Former- → 30-09-2020
-
Former- → 31-12-2019
Statutory auditor
5 auditors| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| BV Baker Tilly BedrijfsrevisorenCurrent Statutory auditor · represented by Christian Caluwaerts |
- | 28-12-2022 → present |
Show 4 earlier auditors
| Burgerlijke Coöperatieve Vennootschap met Beperkte Aansprakelijkheid Focderer DFK Bedrijfsrevisoren Statutory auditor · represented by Frank Embrechts succeeded by BV o.v.v.e CVBA Foederer DFK Bedrijfsrevisoren in 2014 |
- | 04-07-2005 → 09-07-2014 |
| BV o.v.v.e CVBA Foederer DFK Bedrijfsrevisoren Statutory auditor · represented by Frank Embrechts succeeded by BV Baker Tilly Bedrijfsrevisoren in 2022 |
- | 09-07-2014 → 28-12-2022 |
| CVBA Foederer DFK Bedrijfsrevisoren Statutory auditor · represented by Pascal Daelemans |
- | - → 30-04-2020 |
| EY Bedrijfsrevisoren BV Statutory auditor · represented by Olaf Janssen |
- | 01-10-2020 → 31-12-2022 |
Insolvency mandates
Legal Structure
| NACE primary | Vervaardiging van synthetische en kunstmatige vezels(20600) |
| Legal form | Private limited company(610) |
| Incorporation | 01-10-1971 |
| Status | Active |
| Postal code | 3920 |
Structure & network
Connections & network
1 connected companyOwnership & control
1 partyEach 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.
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72343E0937/00M028 | Flanders | 3.5 ha | 1 · 4,233 m² | - |
Publications
Lifecycle & Insolvency Signals
Belgisch Staatsblad · acts
12 acts09-02-2026 Christian Caluwaerts reappointed as statutory auditor
14-07-2025 Wim Van De Walle reappointed as statutory auditor
14-07-2023 Jean Geurts resigns as director
28-12-2022 1 director appointed, 1 resigning
01-06-2021 Capital increase of €0 to €192,500
11-05-2021 Articles of association amended
09-02-2021 Transaction in capital or shares
30-10-2020 2 directors appointed, 2 resigning
- Ferdinand Huysmans, Bestuurder
- Olaf Janssen, Commissaris
- Huibrecht Kraaijeveld, Bestuurder
- Pascal Daelemans, Commissaris
10-03-2020 Jean Geurts appointed as director
30-10-2019 van der Molen Robbert resigns as manager
09-07-2014 Frank Embrechts reappointed as statutory auditor
04-07-2005 Frank Embrechts appointed as statutory auditor
Analysis
Financial profile
4 of 5 axes measuredStrong profile, led by stability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector and regionCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | Federal Eco Foam |