ACTIVE

FEMA

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Financial year 2025 · closed on 31/12/2025

Net result

73,7 k €

-69.4% YoY

Gross margin

179 k €

-61.1% YoY

Equity

1,1 M €

+7.4% YoY

Workforce

0,0 ETP

What does FEMA do?

FEMA is a Private limited company incorporated in 1993. Its main activity is: Specialised construction activities. Its registered office is in Bocholt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.426.716

Incorporation

09/12/1993

Legal form

Private limited company

Registered office

Lillerbaan 28
3950 Bocholt · FlandreSee on map

Contributed capital

80 850,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

43410Specialised construction activities· main 43910Roofing activities 45220Maintenance and repair of motor vehicles 41001Construction of buildings 41201Construction of residential and non-residential buildings 43120Site preparation+9

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	179 k €	-61.1%	460,1 k €	+18.1%	389,5 k €	-15.8%	462,7 k €	+74.2%	265,6 k €	+9.5%	242,6 k €	+42.2%	170,6 k €	+33.4%	127,8 k €	+15.7%	110,5 k €	-24.3%	146 k €	+10.2%	132,5 k €	-14.5%	155 k €	+50.3%	103,1 k €	-15.4%	121,9 k €	-24.4%	161,1 k €	-9.8%	178,6 k €	-6.9%	191,9 k €	+52.2%	126,1 k €	-10.6%	141 k €	+63.0%	86,5 k €
EBITDA	158,7 k €	-62.5%	423,3 k €	+37.3%	308,4 k €	-21.1%	391 k €	+103%	192,8 k €	+11.1%	173,5 k €	+76.6%	98,3 k €	+78.2%	55,1 k €	+9.5%	50,3 k €	-3.7%	52,3 k €	+115%	24,4 k €	+27.8%	19,1 k €	+6.9%	17,8 k €	+15.2%	15,5 k €	+7.8%	14,4 k €	-73.8%	54,8 k €	+25.8%	43,6 k €	+21.8%	35,8 k €	-28.4%	49,9 k €	+70.2%	29,3 k €
Operating result	76 k €	-77.5%	337,2 k €	+44.2%	233,8 k €	-30.8%	338,1 k €	+149%	135,5 k €	+8.5%	124,9 k €	+215%	39,6 k €	+140%	16,5 k €	+149%	6,6 k €	-66.3%	19,7 k €	-14.5%	23 k €	+116%	10,7 k €	+18.6%	9 k €	+44.2%	6,2 k €	+2425%	247 €	-98.8%	20,5 k €	+213%	6,5 k €	+372%	1,4 k €	-86.9%	10,6 k €	+221%	3,3 k €
Net result	73,7 k €	-69.4%	240,9 k €	+47.7%	163,1 k €	-29.9%	232,6 k €	+144%	95,5 k €	+5.8%	90,2 k €	+227%	27,6 k €	+342%	6,2 k €	+84.3%	3,4 k €	-66.1%	10 k €	-46.1%	18,5 k €	+265%	5,1 k €	-25.3%	6,8 k €	+30.6%	5,2 k €	+927%	506 €	-97.0%	16,7 k €	+272%	4,5 k €		–		4,4 k €	+113%	2 k €
Balance sheet
Equity	1,1 M €	+7.4%	993,1 k €	+32.0%	752,2 k €	+27.7%	589,1 k €	+65.3%	356,4 k €	+36.6%	260,9 k €	+52.8%	170,7 k €	+19.3%	143,1 k €	+4.6%	136,9 k €	+2.5%	133,5 k €	+8.1%	123,5 k €	+17.7%	105 k €	+178%	37,8 k €	-62.2%	100 k €	+5.5%	94,8 k €	+0.5%	94,3 k €	+21.5%	77,6 k €	+6.1%	73,2 k €	+0.0%	73,1 k €	+6.3%	68,8 k €
Total assets	1,2 M €	+5.6%	1,1 M €	+15.8%	976,8 k €	+3.0%	948,7 k €	+43.8%	659,8 k €	-4.7%	691,9 k €	+18.9%	581,9 k €	+3.3%	563 k €	-6.8%	604,3 k €	+5.6%	572,2 k €	+66.2%	344,3 k €	+20.7%	285,2 k €	+63.3%	174,6 k €	-14.9%	205,3 k €	-13.6%	237,5 k €	+29.3%	183,7 k €	-13.2%	211,6 k €	-17.3%	255,9 k €	-15.8%	303,9 k €	+31.4%	231,3 k €
Cash	316,6 k €	-41.3%	539,6 k €	+18.7%	454,7 k €	-12.6%	520 k €	+212%	166,9 k €	+23.0%	135,7 k €	-2.6%	139,3 k €	-5.1%	146,9 k €	+53.2%	95,9 k €	+6.7%	89,8 k €	-38.7%	146,5 k €		–		35,8 k €	-10.4%	40 k €		–		64,2 k €	+229%	19,5 k €	+5.4%	18,5 k €	-25.2%	24,7 k €	-28.6%	34,6 k €
Debts	127,3 k €	-7.2%	137,2 k €	-38.4%	222,6 k €	-37.7%	357,4 k €	+17.8%	303,3 k €	-29.6%	431 k €	+5.1%	409,9 k €	-2.4%	419,9 k €	-10.2%	467,4 k €	+6.5%	438,7 k €	+98.7%	220,8 k €	+22.7%	180 k €	+31.5%	136,8 k €	+60.4%	85,3 k €	-38.1%	137,9 k €	+55.2%	88,8 k €	-33.6%	133,9 k €	-26.8%	182,7 k €	-20.3%	229,2 k €	+44.3%	158,8 k €
Other
Workforce	0,0 ETP		0,0 ETP	-100%	1,4 ETP	-6.7%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP		–		–		3,3 ETP	-2.9%	3,4 ETP	+36.0%	2,5 ETP	-47.9%	4,8 ETP	0.0%	4,8 ETP	+9.1%	4,4 ETP	-2.2%	4,5 ETP	+60.7%	2,8 ETP	+16.7%	2,4 ETP	-4.0%	2,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 13 ended

Active mandates

Jochen Eberhardt

Director · since 05 octobre 2010

Active

Goffrey Eberhardt

Director · since 01 septembre 2008

Active

Frederik Eberhardt

Director · since 09 décembre 1993

Active

Ended mandates

Jochen Eberhardt

Manager · since 05 octobre 2010

Ended

Ferdy Eberhardt

Manager · since 09 décembre 1993

Ended

Frederik Eberhardt

Manager · since 09 décembre 1993

Ended

Frederik Eberhardt

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/06/2026	23/06/2025	04/07/2024	25/08/2023	07/06/2022	07/06/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	18/06/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	23/06/2025	Dutch	PDF
Abridged model	31/12/2023	07/06/2024	04/07/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	25/08/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	07/06/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	07/06/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	08/06/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	27/06/2019	Dutch	PDF
Micro model	31/12/2017	01/06/2018	07/06/2018	Dutch	PDF
Micro model	31/12/2016	02/06/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	09/06/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	08/06/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	10/06/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	10/06/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	04/06/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	05/07/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	08/06/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	02/07/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	29/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 13 ended

Active mandates

Jochen Eberhardt

Director · since 05 octobre 2010

Active

Goffrey Eberhardt

Director · since 01 septembre 2008

Active

Frederik Eberhardt

Director · since 09 décembre 1993

Active

Ended mandates

Jochen Eberhardt

Manager · since 05 octobre 2010

Ended

Ferdy Eberhardt

Manager · since 09 décembre 1993

Ended

Frederik Eberhardt

Manager · since 09 décembre 1993

Ended

Frederik Eberhardt

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/05/2018
MAATSCHAPPELIJKE ZETEL
PDF
Other02/05/2014
DOEL
PDF
Capital / shares20/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/10/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/11/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/08/2009
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares21/10/2005
DOEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202573,7 k €↓
2024
Annual accounts 2024240,9 k €↑
2023
Annual accounts 2023163,1 k €↓
2022
Annual accounts 2022232,6 k €↑
2021
Annual accounts 202195,5 k €↑
2020
Annual accounts 202090,2 k €↑
2019
Annual accounts 201927,6 k €↑
2018
Annual accounts 20186,2 k €↑
2017
Annual accounts 20173,4 k €↓
2016
Annual accounts 201610 k €↓
2015
Annual accounts 201518,5 k €↑
2014
Annual accounts 20145,1 k €↓
2013
Annual accounts 20136,8 k €↑
2012
Annual accounts 20125,2 k €↑
2011
Annual accounts 2011506 €↓
2010
Annual accounts 201016,7 k €↑
2009
Annual accounts 20094,5 k €↑
2008
Annual accounts 2008
2007
Annual accounts 20074,4 k €↑
2006
Annual accounts 20062 k €
09/12/1993
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FEMA

Overview

What does FEMA do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline