Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FEDAL from Elsene, company number BE0870626864, closed financial year 2025 with a result of € 652,997 after tax. For that financial year FEDAL recorded a gross margin of € -49,649 and equity of € 30.3 million. Compared with financial year 2024, the result moved from € 30.7 million to € 652,997. The company is profitable. 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 February 27, 2026.
€ 30.3 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 652,997
▼ 98% vs 2024
Profit after tax over the fiscal year.
€ 146,800
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 30.3 million.
People and assets in 2025
€ 69,532
▲ € 61,932 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 172,569
Loans from banks and other lenders, long and short.
€ 1,029
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 115,776
▼ 95% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -60,829 | € -59,228 | € -17,976 | € -49,649 | ▼ € 31,673 |
| Profit after taxes | € -32,980 | € 91,575 | € 30,745,678 | € 652,997 | ▼ 98% |
| Equity | € -1,159,417 | € -1,067,842 | € 29,677,835 | € 30,330,773 | ▲ 2% |
| Total debts | € 5,995,349 | € 6,062,706 | € 2,730,120 | € 3,393,377 | ▲ 24% |
| Cash | € 37,853 | € 7,299 | € 273,972 | € 146,800 | ▼ 46% |
| Retained profit | € -1,221,417 | € -1,129,842 | € 29,615,835 | € 30,268,832 | ▲ 2% |
| Bank debt | € 0 | € 0 | € 0 | € 172,569 | |
| Balance sheet total | € 4,835,931 | € 4,994,864 | € 32,407,955 | € 33,724,150 | ▲ 4% |
Key figures of FEDAL, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to FEDAL?
What happened at FEDAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 652,997 (▼ 98% vs 2024). filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,980 loss in 2023 to € 652,997 profit in 2025.
Paid € 2.6 million in corporate taxes since 2023.
Best year ever: 2024, with € 30.7 million profit.
A new publication or filing at FEDAL? 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
Directors
According to the 2025 annual accounts
Nicolas Lagarde
Director
Establishments
Establishment units
Physical locations of this company
Renbaanlaan 42
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
- 0870.626.864
- VAT number
- BE 0870.626.864
- Registered office
- Renbaanlaan 42, 1050 Elsene
- Names & denominations
- FEDAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2004
- Peppol
- Active · Active since 21 May 2025
- Activities · NACE
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