Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FE+ from Olen, company number BE0881272912, closed financial year 2025 with a result of € -122,913 after tax. For that financial year FE+ recorded a gross margin of € 421,810 and equity of € 575,037. Compared with financial year 2024, the result moved from € -411,304 to € -122,913. 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 June 9, 2026.
€ 575,037
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -122,913
▲ 70 % less loss than in 2024
Profit after tax over the fiscal year.
€ 43,952
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 556,437.
People and assets in 2025
5.1
▼ 3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 357,141
▼ 21% vs 2024
€ 70,000 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.
€ 916,452
▲ 17% vs 2024
Of which on lease € 904,761.
Debts at end 2025
€ 1.4 million
€ 153,775 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 144,379
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 54,146
▼ 25% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 669,009 | € 880,970 | € 233,510 | € 421,810 | ▲ 81% |
| Profit after taxes | € 286 | € 87,881 | € -411,304 | € -122,913 | ▲ € 288,391 |
| Equity | € 1,021,373 | € 1,109,254 | € 697,950 | € 575,037 | ▼ 18% |
| Total debts | € 1,243,563 | € 1,354,898 | € 1,656,839 | € 1,559,136 | ▼ 6% |
| Cash | € 113,231 | € 111,529 | € 84,584 | € 43,952 | ▼ 48% |
| Retained profit | € 1,002,773 | € 1,090,654 | € 679,350 | € 556,437 | ▼ 18% |
| Bank debt | € 871,573 | € 959,188 | € 1,366,012 | € 1,360,611 | |
| Balance sheet total | € 2,264,936 | € 2,464,152 | € 2,354,789 | € 2,134,173 | ▼ 9% |
| Employees (FTE) | 6.9 | 7.3 | 8.1 | 5.1 | ▼ 3 |
Key figures of FE+, fiscal years 2023 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+?
What happened at FE+ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 122,913. Source: NBB ↗
- New establishment in Olen. KBO
- Start of the company according to the CBE. KBO
In short
From € 286 profit in 2023 to € 122,913 loss in 2025.
Paid € 32,881 in corporate taxes since 2023.
Best year ever: 2024, with € 87,881 profit.
On average € 82,700 of value added per employee in 2025.
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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 LW-GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FE+Behind FE+ are Wim Kuysters, PIPET CommV and LW-GROUP BV. The shares are held by LW-GROUP (99.9%).
Directors
According to the 2025 annual accounts
Bestuurder B · represented by Jan Vandevivere
Also active at: Laborex, CTEC, SUPERVERS.BE, Laborex Group, Unicove
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hagelberg 15
2250 Olen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Laborex same network
€ 3.1 million gross margin · 2025
CTEC same network
€ 654,502 gross margin · 2025
Patriven same network
€ 287,854 gross margin · 2025
BTW-Groep LW p/a Laborex BVBA
Laborex Group same network
€ 245,051 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0881.272.912
- VAT number
- BE 0881.272.912
- Registered office
- Hagelberg 15, 2250 Olen
- Names & denominations
- FE+
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 May 2006
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- feplus.be [email protected]
- Activities · NACE
Bewerken van metaal en poedermetallurgie
Persen, stampen en profielwalsen van metaal
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Persen, stampen en profielwalsen van metaal; poedermetallurgie