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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
FEMAJA from Waasmunster, company number BE0822386091, closed financial year 2025 with a result of € 550,827 after tax. For that financial year FEMAJA recorded a gross margin of € 934 and equity of € 6.2 million. Compared with financial year 2024, the result moved from € 290,002 to € 550,827. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 6.2 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 550,827
▲ 90% vs 2024
Profit after tax over the fiscal year.
€ 406,710
▲ € 399,245 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 329,005 paid out
60 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0.6
Average over the fiscal year, from the social balance sheet.
€ 25,517
▲ 2% 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.
€ 2,455
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.1 million
▲ 113% vs 2024
€ 110,498 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 240,870
▲ € 239,170 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 98,921
▲ 209% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 233,473 | € 13,080 | € 70,194 | € 934 | ▼ 99% |
| Profit after taxes | € 788,564 | € 709,895 | € 290,002 | € 550,827 | ▲ 90% |
| Equity | € 5,324,364 | € 5,984,259 | € 5,875,354 | € 6,181,487 | ▲ 5% |
| Total debts | € 243,092 | € 941,098 | € 1,049,261 | € 2,856,084 | ▲ 172% |
| Cash | € 668,640 | € 273,510 | € 7,465 | € 406,710 | ▲ € 399,245 |
| Land & buildings | € 706,397 | € 1,405,974 | € 1,223,777 | € 1,972,619 | ▲ 61% |
| Retained profit | € 3,657,602 | € 4,317,498 | € 4,208,593 | € 4,514,725 | ▲ 7% |
| Dividend | € 0 | € 50,000 | € 398,907 | € 329,005 | ▼ 18% |
| Bank debt | € 154,119 | € 848,584 | € 990,918 | € 2,111,991 | ▲ 113% |
| Balance sheet total | € 5,567,456 | € 6,925,357 | € 6,924,615 | € 9,071,731 | ▲ 31% |
| Employees (FTE) | 0.6 | - | 0.6 | 0.6 |
Key figures of FEMAJA, 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 FEMAJA?
What happened at FEMAJA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 550,827 (▲ 90% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Waasmunster. KBO
- Frank Muller became a director. NBB
In short
From € 788,564 profit in 2022 to € 550,827 profit in 2025.
Paid € 197,695 in corporate taxes since 2022.
Best year ever: 2022, with € 788,564 profit.
Paid out € 777,911 in dividends to the owners in total.
Management
Behind FEMAJA is Frank Muller. It owns 100% of Muller Frank, 100% of Landtsinbel and 0% of Olcha itself.
Directors
According to the 2025 annual accounts
since 2010
Establishments
Establishment units
Physical locations of this company
Potaardestraat 42
9250 Waasmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0822.386.091
- VAT number
- BE 0822.386.091
- Registered office
- Potaardestraat 42, 9250 Waasmunster
- Names & denominations
- FEMAJA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 2010
- Peppol
- Not registered
- Activities · NACE
Handel in eigen onroerend goed