Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 6.8 to 5.5.
Financials
Financial year 2025
FEMACO from Deinze, company number BE0713409858, closed financial year 2025 with a result of € -206,057 after tax. For that financial year FEMACO recorded revenue of € 2.5 million and equity of € -1.1 million. Compared with financial year 2024, the result moved from € -131,711 to € -206,057. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ -1.1 million
▼ € 206,057 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -206,057
▼ 56 % more loss than in 2024
Profit after tax over the fiscal year.
€ 575
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.9 million.
People and assets in 2025
5.5
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 343,988
▼ 16% vs 2024
€ 62,500 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.
€ 912
▼ 69% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▼ 26% vs 2024
€ 483,654 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 360,601
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 69 days on average.
€ 62,414
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,098,954 | € 2,671,293 | € 2,600,066 | € 2,489,003 | ▼ 4% |
| Profit after taxes | € -434,415 | € -298,742 | € -131,711 | € -206,057 | ▼ € 74,346 |
| Equity | € -466,096 | € -764,837 | € -896,548 | € -1,102,605 | ▼ € 206,057 |
| Total debts | € 4,620,030 | € 4,472,096 | € 3,802,961 | € 3,626,827 | ▼ 5% |
| Cash | € 191,996 | € 12,386 | € 664 | € 575 | ▼ 13% |
| Land & buildings | € 6,931 | € 5,968 | € 5,005 | € 4,042 | ▼ 19% |
| Retained profit | € -1,216,096 | € -1,514,837 | € -1,646,548 | € -1,852,605 | ▼ € 206,057 |
| Bank debt | € 3,611,033 | € 3,281,121 | € 2,022,890 | € 1,497,836 | ▼ 26% |
| Balance sheet total | € 4,153,934 | € 3,707,259 | € 2,906,413 | € 2,524,222 | ▼ 13% |
| Employees (FTE) | 6 | 6.8 | 6.5 | 5.5 | ▼ 1 |
Key figures of FEMACO, 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 FEMACO?
What happened at FEMACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NV Het Veer stepped down as director. NBB
- Rik Vandoorne stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 206,057. filed late Source: NBB ↗
- NV Het Veer became a director. NBB
- Rik Vandoorne became a director. NBB
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 434,415 loss in 2022 to € 206,057 loss in 2025.
Pays suppliers within 69 days on average.
A new publication or filing at FEMACO? We notify you, reason included.
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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
The stake of HET VEER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FEMACOThe shares are held by HET VEER (99.9%).
Directors
According to the 2025 annual accounts
Managing director · represented by Sophie Vandoorne
Also active at: VAN OS - DURACOAT, ROBBY, DEBA, LAKKERIJ VANDEREYT, V COAT, COTRABEL, CDC-Cabines de Ciney, sgc +3 more
since 2024 · until 2030
Rik Vandoorne
Director
Also active at: VAN OS - DURACOAT, ROBBY, DEBA, HET VEER, V COAT, COTRABEL, CDC-Cabines de Ciney, HET VEER BLUE OCEAN +4 more
since 2024 · until 2030
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Moorstraat 24
9850 Deinze
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →DEBA same network
€ 5.3 million revenue · 2025
HET VEER same network
€ 1.7 million revenue · 2024
COTRABEL same network
€ 664,479 revenue · 2025
HET VEER BLUE OCEAN same network
€ 16,850 revenue · 2025
SGC same network
€ 15.7 million revenue · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
femaco.eu
Registrar
EuroDNS S.A.
Website info
Features
Security
Details
- Company number
- 0713.409.858
- VAT number
- BE 0713.409.858
- Registered office
- Moorstraat 24, 9850 Deinze
- Names & denominations
- FEMACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 November 2018
- Peppol
- Active · Active since 22 Sept 2025
- Contact
- femaco.eu
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Verspanend bewerken van metalen
Coating van metalen
Groothandel in metalen en metaalertsen
Overige zakelijke dienstverlening, neg
Bewerken van metaal en poedermetallurgie
Oppervlaktebehandeling van metalen
Persen, stampen en profielwalsen van metaal; poedermetallurgie