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 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
FEST BELGIË from Antwerpen, company number BE0744497071, closed financial year 2023 with a result of € 5,138 after tax. For that financial year FEST BELGIË recorded a gross margin of € 358,489 and equity of € -16,107. Compared with financial year 2022, the result moved from € 17,280 to € 5,138. The company is profitable. 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 July 11, 2024.
€ -16,107
▲ € 5,138 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,138
▼ 70% vs 2022
Profit after tax over the fiscal year.
€ 21,943
▼ 8% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € -36,107.
People and assets in 2023
6
▲ 0.6 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 255,172
▲ 14% vs 2022
€ 42,500 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.
€ 19,482
▼ 6% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 120,000
Loans from banks and other lenders, long and short.
€ 273,661
▼ 4% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 101,368
▼ 11% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 170,297 | € 564,790 | € 358,489 | ▼ 37% |
| Profit after taxes | € 10,261 | € 17,280 | € 5,138 | ▼ 70% |
| Equity | € -38,525 | € -21,245 | € -16,107 | ▲ € 5,138 |
| Total debts | € 686,156 | € 700,142 | € 903,679 | ▲ 29% |
| Cash | € 100,777 | € 23,959 | € 21,943 | ▼ 8% |
| Retained profit | € -58,525 | € -41,245 | € -36,107 | ▲ € 5,138 |
| Bank debt | € 235,500 | € 120,000 | € 120,000 | |
| Balance sheet total | € 647,631 | € 678,897 | € 887,573 | ▲ 31% |
| Employees (FTE) | 3.1 | 5.4 | 6 | ▲ 0.6 |
Key figures of FEST BELGIË, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to FEST BELGIË?
What happened at FEST BELGIË in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
FEST BELGIË is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 5,138 (▼ 70% vs 2022). Source: NBB ↗
- New establishment in Elsene. KBO
- New establishment in Gent. KBO
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,261 profit in 2021 to € 5,138 profit in 2023.
Paid € 4,343 in corporate taxes since 2021.
Best year ever: 2022, with € 17,280 profit.
On average € 59,700 of value added per employee in 2023.
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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 2023 annual accounts
Director · represented by Furnée FEMKE
Establishments
Establishment units
Physical locations of this company
Steenhouwersvest 16
2000 Antwerpen
Voldersstraat 70
9000 Gent
Active since 15 November 2021
Notarisstraat 6-10
1050 Elsene
Active since 12 November 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0744.497.071
- VAT number
- BE 0744.497.071
- Registered office
- Steenhouwersvest 16, 2000 Antwerpen
- Names & denominations
- FEST BELGIË
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 26 February 2020
- Peppol
- Active · Active since 19 Jun 2026
- Activities · NACE
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