Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Figures corrected NBB
Corrected annual account filed for 2022, 2023, 2024.
Financials
Financial year 2025
LE FESTIVAL from Rendeux, company number BE0436629563, closed financial year 2025 with a result of € -135,973 after tax. For that financial year LE FESTIVAL recorded a gross margin of € 245,144 and equity of € 617,351. Compared with financial year 2024, the result moved from € -126,948 to € -135,973. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2026.
€ 617,351
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -135,973
▼ 7 % more loss than in 2024
Profit after tax over the fiscal year.
€ 113,384
▲ € 109,423 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 357,063.
People and assets in 2025
6
Average over the fiscal year, from the social balance sheet.
€ 318,511
▼ 1% vs 2024
€ 53,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 2.3 million
Loans from banks and other lenders, long and short.
€ 447,447
▲ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,823
▲ 73% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 513,570 | € 389,393 | € 318,907 | € 245,144 | ▼ 23% |
| Profit after taxes | € 131,195 | € -78,579 | € -126,948 | € -135,973 | ▼ € 9,025 |
| Equity | € 958,851 | € 880,272 | € 753,324 | € 617,351 | ▼ 18% |
| Total debts | € 150,456 | € 2,585,546 | € 3,066,893 | € 3,638,166 | ▲ 19% |
| Cash | € 76,211 | € 56,983 | € 3,961 | € 113,384 | ▲ € 109,423 |
| Land & buildings | € 452,257 | € 454,854 | € 467,385 | € 449,926 | ▼ 4% |
| Retained profit | € 698,562 | € 619,984 | € 493,036 | € 357,063 | ▼ 28% |
| Bank debt | € 0 | € 2,300,000 | € 2,300,000 | € 2,300,000 | |
| Balance sheet total | € 1,109,306 | € 3,465,818 | € 3,820,217 | € 4,255,517 | ▲ 11% |
| Employees (FTE) | 5 | 5 | 6 | 6 |
Key figures of LE FESTIVAL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LE FESTIVAL?
What happened at LE FESTIVAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- WERNER VAN HEETVELDE stepped down as director. NBB
- FREDERIC LEONARD stepped down as director. NBB
- GEOFFREY GOBLET stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 135,973. filed late Source: NBB ↗
- WERNER VAN HEETVELDE became a director. NBB
- FREDERIC LEONARD became a director. NBB
- GEOFFREY GOBLET became a director. NBB
- New establishment in Rendeux. KBO
In short
From € 131,195 profit in 2022 to € 135,973 loss in 2025.
Paid € 25,000 in corporate taxes since 2022.
Best year ever: 2022, with € 131,195 profit.
On average € 40,900 of value added per employee in 2025.
Management
The shares are held by ASBL Joie et Vacances (95.2%) and ASBL FLOREAL GERMINAL (4.8%).
Directors
According to the 2025 annual accounts
WERNER VAN HEETVELDE
Director
Also active at: Ontspanning en Vakantie, LE DOMAINE DES SOURCES, ProCoop, Floreal Holidays, Coach
since 2023 · until 2029
FREDERIC LEONARD
Director
Also active at: Ontspanning en Vakantie, LE DOMAINE DES SOURCES, Floreal Holidays
since 2023 · until 2029
GEOFFREY GOBLET
Director
Also active at: Ontspanning en Vakantie, LE DOMAINE DES SOURCES, Floreal Holidays, LA MAISON SYNDICALE WALLONNE
since 2023 · until 2029
Shareholders
95.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de La-Roche, Rendeux 89
6987 Rendeux
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.629.563
- VAT number
- BE 0436.629.563
- Registered office
- Rue de La-Roche, Rendeux 89, 6987 Rendeux
- Names & denominations
- LE FESTIVAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 1989
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Kampeer- en caravanterreinen
Kampeerterreinen
Activiteiten van eetgelegenheden met volledige bediening
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)