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 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FESTANO from Berlare, company number BE0537809669, closed financial year 2025 with a result of € 52,626 after tax. For that financial year FESTANO recorded a gross margin of € 278,398 and equity of € 738,004. Compared with financial year 2024, the result moved from € 108,017 to € 52,626. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 738,004
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 52,626
▼ 51% vs 2024
Profit after tax over the fiscal year.
€ 3,994
▲ 148% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 77,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 9,449
▲ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.3 million
▲ 120% vs 2024
€ 154,112 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 31,180
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43,232
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 268,293 | € 157,230 | € 265,062 | € 278,398 | ▲ 5% |
| Profit after taxes | € 209,330 | € 76,934 | € 108,017 | € 52,626 | ▼ 51% |
| Equity | € 702,428 | € 719,362 | € 762,378 | € 738,004 | ▼ 3% |
| Total debts | € 1,851,446 | € 1,106,256 | € 1,462,450 | € 2,803,265 | ▲ 92% |
| Cash | € 828,412 | € 7,768 | € 1,613 | € 3,994 | ▲ 148% |
| Land & buildings | € 1,438,500 | € 1,784,234 | € 2,183,500 | € 3,485,964 | ▲ 60% |
| Retained profit | € 683,828 | € 700,762 | € 743,778 | € 719,404 | ▼ 3% |
| Dividend | € 38,500 | € 60,000 | € 65,000 | € 77,000 | ▲ 18% |
| Bank debt | € 866,678 | € 787,918 | € 1,064,885 | € 2,338,777 | ▲ 120% |
| Balance sheet total | € 2,558,018 | € 1,827,825 | € 2,225,098 | € 3,541,269 | ▲ 59% |
Key figures of FESTANO, 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 FESTANO?
What happened at FESTANO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 52,626 (▼ 51% vs 2024). filed late Source: NBB ↗
- Steven Vandersnickt became a director. NBB
- New establishment in Berlare. KBO
- Start of the company according to the CBE. KBO
In short
From € 209,330 profit in 2022 to € 52,626 profit in 2025.
Paid € 121,160 in corporate taxes since 2022.
Best year ever: 2022, with € 209,330 profit.
Paid out € 240,500 in dividends to the owners in total.
Management
Behind FESTANO is Steven Vandersnickt. Steven Vandersnickt is also behind Dender, Durme en Schelde and Notaris Steven Vandersnickt, notarisvennootschap.
Directors
According to the 2025 annual accounts
Steven Vandersnickt
Director
Also active at: Dender, Durme en Schelde, Notaris Steven Vandersnickt, notarisvennootschap
since 2023
Establishments
Establishment units
Physical locations of this company
Turfputstraat(B) 66
9290 Berlare
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0537.809.669
- VAT number
- BE 0537.809.669
- Registered office
- Turfputstraat(B) 66, 9290 Berlare
- Names & denominations
- FESTANO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 2013
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van notarissen