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.
Financials
Financial year 2025
FESKO from Waregem, company number BE0644444145, closed financial year 2025 with a result of € -10,724 after tax. For that financial year FESKO recorded a gross margin of € 100,425 and equity of € 20,601. Compared with financial year 2024, the result moved from € -898 to € -10,724. 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 April 24, 2026.
€ 20,601
▼ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,724
▼ 1094 % more loss than in 2024
Profit after tax over the fiscal year.
€ 26,694
▲ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 7,901.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 88,150
▲ 12% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 31,741
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 70,628
▼ 7% vs 2024
€ 10,413 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 17,243
▲ € 14,918 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,244
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 53,016 | € 94,252 | € 105,864 | € 100,425 | ▼ 5% |
| Profit after taxes | € -20,435 | € 9,004 | € -898 | € -10,724 | ▼ € 9,826 |
| Equity | € 23,220 | € 32,224 | € 31,325 | € 20,601 | ▼ 34% |
| Total debts | € 71,646 | € 140,441 | € 118,027 | € 147,625 | ▲ 25% |
| Cash | € 14,512 | € 32,935 | € 22,175 | € 26,694 | ▲ 20% |
| Retained profit | € 10,520 | € 19,524 | € 18,625 | € 7,901 | ▼ 58% |
| Bank debt | € 40,109 | € 85,410 | € 75,629 | € 70,628 | ▼ 7% |
| Balance sheet total | € 94,866 | € 172,665 | € 149,352 | € 168,226 | ▲ 13% |
Key figures of FESKO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to FESKO?
What happened at FESKO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,725. Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,435 loss in 2022 to € 10,725 loss in 2025.
Paid € 8,518 in corporate taxes since 2022.
Best year ever: 2023, with € 9,004 profit.
Management
Behind FESKO is Hannes Snoeck.
Directors
According to the 2025 annual accounts
Hannes Snoeck
Director
Establishments
Establishment units
Physical locations of this company
Deerlijkseweg 144F
8790 Waregem
Hoogmolenstraat 74
8790 Waregem
Active since 11 December 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0644.444.145
- VAT number
- BE 0644.444.145
- Registered office
- Deerlijkseweg 144F, 8790 Waregem
- Names & denominations
- FESKO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2015
- Peppol
- Active · Active since 26 Jul 2024
- Activities · NACE
Schrijnwerk
Zagen en schaven van hout
Reparatie en onderhoud van elektrische apparatuur