Financials
Financial year 2025
FE Group from Elsene, company number BE0677729892, closed financial year 2025 with a result of € -61,233 after tax. For that financial year FE Group recorded a gross margin of € 312,822 and equity of € 220,720. Compared with financial year 2024, the result moved from € 66,995 to € -61,233. 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 24, 2026.
€ 220,720
▼ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -61,233
▼ still € 66,995 profit in 2024
Profit after tax over the fiscal year.
€ 5,953
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 202,120.
People and assets in 2025
€ 359,296
▲ 65% 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.
€ 28,505
▲ 81% vs 2024
Of which on lease € 21,116.
Debts at end 2025
€ 51,969
▲ 111% vs 2024
€ 10,395 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 50,520
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 260,239
▲ 148% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 278,483 | € 320,121 | € 298,444 | € 312,822 | ▲ 5% |
| Profit after taxes | € 48,800 | € 88,098 | € 66,995 | € -61,233 | ▼ € 128,228 |
| Equity | € 184,359 | € 272,458 | € 331,953 | € 220,720 | ▼ 34% |
| Total debts | € 134,806 | € 180,802 | € 228,688 | € 412,728 | ▲ 80% |
| Cash | € 11,044 | € 6,535 | € 9,884 | € 5,953 | ▼ 40% |
| Retained profit | € 166,259 | € 254,358 | € 313,353 | € 202,120 | ▼ 35% |
| Dividend | € 0 | € 0 | € 8,000 | € 50,000 | ▲ € 42,000 |
| Bank debt | € 9,383 | € 28,716 | € 24,639 | € 51,969 | ▲ 111% |
| Balance sheet total | € 319,165 | € 453,260 | € 560,640 | € 633,447 | ▲ 13% |
Key figures of FE Group, 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 FE Group?
What happened at FE Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 61,233 (▼ € 128,228 vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 48,800 profit in 2022 to € 61,233 loss in 2025.
Paid € 86,524 in corporate taxes since 2022.
Best year ever: 2023, with € 88,098 profit.
Paid out € 58,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
ELISABETH MAVUNGU
Director
Establishments
Establishment units
Physical locations of this company
Louizalaan 54
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0677.729.892
- VAT number
- BE 0677.729.892
- Registered office
- Louizalaan 54, 1050 Elsene
- Names & denominations
- FE Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2017
- Peppol
- Active · Active since 5 Mar 2026
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