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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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
FEGARDER from Zedelgem, company number BE0440649917, closed financial year 2025 with a result of € -98,024 after tax. For that financial year FEGARDER recorded a gross margin of € -24,906 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 91,516 to € -98,024. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 1.3 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -98,024
▼ still € 91,516 profit in 2024
Profit after tax over the fiscal year.
€ 70,084
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 361,557.
Debts at end 2025
€ 2.3 million
▼ 18% vs 2024
Loans from banks and other lenders, long and short.
€ 8,641
Supplier invoices still open on the last day of the fiscal year.
€ 2,585
▼ 39% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 332,726 | € 3,727 | € 55,955 | € -24,906 | ▼ € 80,862 |
| Profit after taxes | € 169,615 | € -61,482 | € 91,516 | € -98,024 | ▼ € 189,539 |
| Equity | € 1,429,835 | € 1,268,353 | € 1,359,868 | € 1,261,845 | ▼ 7% |
| Total debts | € 4,235,983 | € 5,304,093 | € 5,663,397 | € 5,128,807 | ▼ 9% |
| Cash | € 111,188 | € 100,385 | € 267,778 | € 70,084 | ▼ 74% |
| Retained profit | € 459,835 | € 368,065 | € 459,581 | € 361,557 | ▼ 21% |
| Dividend | € 0 | € 30,288 | € 0 | € 0 | |
| Bank debt | € 2,165,320 | € 2,931,632 | € 2,828,366 | € 2,322,791 | ▼ 18% |
| Balance sheet total | € 5,665,818 | € 6,572,445 | € 7,023,265 | € 6,390,651 | ▼ 9% |
Key figures of FEGARDER, 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 FEGARDER?
What happened at FEGARDER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bjorn Garmyn stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 98,024 (▼ € 189,539 vs 2024). Source: NBB ↗
- Liesbet De Reyghere became a director. NBB
- Tine Feys became a director. NBB
- Bjorn Garmyn became a director. NBB
- New establishment in Zedelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 169,615 profit in 2022 to € 98,024 loss in 2025.
Paid € 56,444 in corporate taxes since 2022.
Best year ever: 2022, with € 169,615 profit.
Paid out € 30,288 in dividends to the owners in total.
Management
Behind FEGARDER are Liesbet De Reyghere and Tine Feys. It owns 100% of Wydooghe Petrus and 100% of Bouwonderneming Gino Feys itself.
Directors
According to the 2025 annual accounts
since 2023
since 2023
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Vlasaardstraat 25
8210 Zedelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.649.917
- VAT number
- BE 0440.649.917
- Registered office
- Vlasaardstraat 25, 8210 Zedelgem
- Names & denominations
- FEGARDER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 1990
- Peppol
- Not registered