ACTIVE

FEYEN S.A.

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Financial year 2025 · closed on 31/12/2025

Net result

420,4 k €

+20.6% YoY

Gross margin

1,1 M €

+6.9% YoY

Equity

2,5 M €

+7.3% YoY

Workforce

12,1 ETP

+14.2% YoY

What does FEYEN S.A. do?

FEYEN S.A. is a Public limited company incorporated in 1995. Its registered office is in Malmedy. It employs on average 12,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.257.631

Incorporation

23/01/1995

Legal form

Public limited company

Registered office

Rue du Commerce 15
4960 Malmedy · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

12,1 ETP

Joint committees (4)

140
14001
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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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	1,1 M €	+6.9%	1 M €	+1.8%	991,9 k €	+40.8%	704,7 k €	+39.2%	506,3 k €	+76.2%	287,4 k €	-55.9%	651,7 k €	+2.3%	637,3 k €	+6.4%	599,2 k €	-5.6%	635 k €	-9.9%	704,6 k €	+8.3%	650,5 k €	+9.7%	592,9 k €	-5.3%	626,2 k €	-21.5%	797,5 k €	+5.8%	753,9 k €	-5.2%	795,1 k €	+19.9%	663,4 k €	-10.6%	742 k €	+17.1%	633,9 k €
EBITDA	631,4 k €	+6.8%	591,3 k €	+2.2%	578,6 k €	+53.5%	377 k €	+25.5%	300,5 k €	+145%	122,8 k €	-53.1%	261,5 k €	+29.1%	202,6 k €	+26.9%	159,7 k €	-10.8%	179 k €	-43.0%	314,2 k €	+24.1%	253,1 k €	+11.5%	226,9 k €	+7.0%	212,1 k €	-46.0%	393 k €	+11.8%	351,6 k €	-12.8%	403,1 k €	+40.6%	286,7 k €	-27.8%	397,1 k €	+29.4%	306,9 k €
Operating result	518,8 k €	+20.3%	431,3 k €	-0.1%	431,8 k €	+74.8%	247,1 k €	+42.1%	173,9 k €	+5556%	-3,2 k €	-103%	113,4 k €	+384%	-39,9 k €	+32.5%	-59,2 k €	-24.2%	-47,7 k €	-146%	104,7 k €	-3.9%	108,9 k €	-7.8%	118,1 k €	+84.7%	63,9 k €	-62.9%	172,1 k €	-15.3%	203,2 k €	-13.9%	236 k €	+35.2%	174,6 k €	-21.5%	222,5 k €	+127%	98,2 k €
Net result	420,4 k €	+20.6%	348,7 k €	+4.3%	334,5 k €	+80.7%	185,1 k €	+0.6%	184 k €	+5655%	3,2 k €	-97.7%	138,5 k €	+291%	-72,5 k €	-42.6%	-50,9 k €	-31.6%	-38,7 k €	-118%	217,9 k €	+81.4%	120,1 k €	+5.1%	114,3 k €	+5.3%	108,5 k €	-24.2%	143,2 k €	-17.1%	172,8 k €	-20.5%	217,4 k €	+35.4%	160,5 k €	-8.1%	174,7 k €	+81.4%	96,3 k €
Balance sheet
Equity	2,5 M €	+7.3%	2,3 M €	-2.1%	2,4 M €	-2.7%	2,5 M €	-0.6%	2,5 M €	+8.0%	2,3 M €	+0.1%	2,3 M €	-2.6%	2,4 M €	-3.0%	2,4 M €	-2.1%	2,5 M €	-1.5%	2,5 M €	+9.5%	2,3 M €	+5.5%	2,2 M €	+5.5%	2,1 M €	+5.6%	2 M €	+7.9%	1,8 M €	+10.6%	1,6 M €	+15.3%	1,4 M €	+12.7%	1,3 M €	+16.1%	1,1 M €
Total assets	3 M €	+4.1%	2,9 M €	-5.3%	3,1 M €	+6.0%	2,9 M €	+6.4%	2,7 M €	+5.3%	2,6 M €	-3.3%	2,7 M €	+7.0%	2,5 M €	-4.8%	2,6 M €	-1.4%	2,6 M €	-3.0%	2,7 M €	+9.3%	2,5 M €	+4.5%	2,4 M €	+4.1%	2,3 M €	+5.5%	2,2 M €	+8.3%	2 M €	+9.9%	1,8 M €	+10.8%	1,6 M €	+9.2%	1,5 M €	+17.6%	1,3 M €
Cash	725,5 k €	+139%	303,5 k €	-49.8%	604,1 k €	-52.5%	1,3 M €	+24.0%	1 M €	+35.1%	759,2 k €	+139%	318,1 k €	-4.1%	331,6 k €	-80.6%	1,7 M €	+7.4%	1,6 M €	+5.4%	1,5 M €	+11.8%	1,4 M €	-8.2%	1,5 M €	+6.4%	1,4 M €	+30.3%	1,1 M €	+9.1%	972,5 k €	+23.1%	790,3 k €	-9.8%	875,9 k €	-23.8%	1,1 M €	+58.3%	726,1 k €
Debts	478,1 k €	-12.4%	545,5 k €	-16.9%	656,2 k €	+57.1%	417,6 k €	+84.9%	225,8 k €	-17.4%	273,4 k €	-25.6%	367,7 k €	+177%	132,8 k €	-27.4%	182,9 k €	+8.7%	168,2 k €	-20.1%	210,5 k €	+10.9%	189,9 k €	-5.6%	201,2 k €	-10.4%	224,5 k €	+4.2%	215,5 k €	+13.5%	189,8 k €	+3.5%	183,3 k €	-18.2%	224,2 k €	-8.6%	245,2 k €	+27.4%	192,4 k €
Other
Workforce	12,1 ETP	+14.2%	10,6 ETP	-24.8%	14,1 ETP	+11.9%	12,6 ETP	+13.5%	11,1 ETP	-11.9%	12,6 ETP	-3.8%	13,1 ETP	-4.4%	13,7 ETP	-5.5%	14,5 ETP	+4.3%	13,9 ETP	-4.1%	14,5 ETP	+4.3%	13,9 ETP	+5.3%	13,2 ETP	-8.3%	14,4 ETP	-4.6%	15,1 ETP	+7.9%	14,0 ETP	-19.1%	17,3 ETP	+6.8%	16,2 ETP	+108%	7,8 ETP	-4.9%	8,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

Céline MERTENS

Director · since 14 mai 2024 · until 14 mai 2030

Active

Stéphanie MERTENS

Director · since 14 mai 2024 · until 14 mai 2030

Active

Ended mandates

Céline MERTENS

Managing director · since 14 mai 2024 · until 14 mai 2030

Ended

Stéphanie MERTENS

Managing director · since 14 mai 2024 · until 14 mai 2030

Ended

Céline Mertens

Director · since 01 mars 2019 · until 10 juin 2024

Ended

Céline MERTENS

Director · since 01 mars 2019 · until 12 juin 2024

Ended

At this address

Other companies at this address

Company	CBE no.
ASSOCIATION DES COPROPRIETAIRES DE LA RESIDENCE MERTENS-FEYEN - MALMEDY● Active	0894.960.996
LA GLISSE DEUX● Liquidation	0432.199.138
MSC Holding● Active	0716.767.246

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	13/05/2026	11/06/2025	15/05/2024	08/06/2023	06/07/2022	25/06/2021
General meeting	12/05/2026	13/05/2025	14/05/2024	09/05/2023	13/06/2022	14/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/05/2026	13/05/2026	French	PDF
Abridged model	31/12/2024	13/05/2025	11/06/2025	French	PDF
Abridged model	31/12/2023	14/05/2024	15/05/2024	French	PDF
Abridged model	31/12/2022	09/05/2023	08/06/2023	French	PDF
Abridged model	31/12/2021	13/06/2022	06/07/2022	French	PDF
Abridged model	31/12/2020	14/06/2021	25/06/2021	French	PDF
Abridged model	31/12/2019	08/06/2020	05/08/2020	French	PDF
Abridged model	31/12/2018	11/06/2019	19/08/2019	French	PDF
Abridged model	31/12/2017	11/06/2018	20/07/2018	French	PDF
Abridged model	31/12/2016	12/06/2017	11/07/2017	French	PDF
Abridged model	31/12/2015	13/06/2016	18/08/2016	French	PDF
Abridged model	31/12/2014	08/06/2015	24/06/2015	French	PDF
Abridged model	31/12/2013	10/06/2014	17/06/2014	French	PDF
Abridged model	31/12/2012	10/06/2013	28/08/2013	French	PDF
Abridged model	31/12/2011	11/06/2012	19/07/2012	French	PDF
Abridged model	31/12/2010	14/06/2011	28/06/2011	French	PDF
Abridged model	31/12/2009	14/06/2010	10/08/2010	French	PDF
Abridged model	31/12/2008	08/06/2009	22/06/2009	French	PDF
Abridged model	31/12/2007	09/06/2008	06/08/2008	French	PDF
Abridged modelCorrection	31/12/2006	11/06/2007	04/10/2007	French	PDF
Abridged model	31/12/2006	11/06/2007	29/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 2 active · 19 ended

Active mandates

Céline MERTENS

Director · since 14 mai 2024 · until 14 mai 2030

Active

Stéphanie MERTENS

Director · since 14 mai 2024 · until 14 mai 2030

Active

Ended mandates

Céline MERTENS

Managing director · since 14 mai 2024 · until 14 mai 2030

Ended

Stéphanie MERTENS

Managing director · since 14 mai 2024 · until 14 mai 2030

Ended

Céline Mertens

Director · since 01 mars 2019 · until 10 juin 2024

Ended

Céline MERTENS

Director · since 01 mars 2019 · until 12 juin 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates25/06/2024
DEMISSIONS, NOMINATIONS
PDF
Other15/05/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates25/03/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates13/11/2018
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates30/07/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates27/06/2012
DEMISSIONS, NOMINATIONS
PDF
Mandates04/10/2006
DEMISSIONS, NOMINATIONS
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 2025420,4 k €↑
2024
Annual accounts 2024348,7 k €↑
2023
Annual accounts 2023334,5 k €↑
2022
Annual accounts 2022185,1 k €↑
2021
Annual accounts 2021184 k €↑
2020
Annual accounts 20203,2 k €↓
2019
Annual accounts 2019138,5 k €↑
2018
Annual accounts 2018-72,5 k €↓
2017
Annual accounts 2017-50,9 k €↓
2016
Annual accounts 2016-38,7 k €↓
2015
Annual accounts 2015217,9 k €↑
2014
Annual accounts 2014120,1 k €↑
2013
Annual accounts 2013114,3 k €↑
2012
Annual accounts 2012108,5 k €↓
2011
Annual accounts 2011143,2 k €↓
2010
Annual accounts 2010172,8 k €↓
2009
Annual accounts 2009217,4 k €↑
2008
Annual accounts 2008160,5 k €↓
2007
Annual accounts 2007174,7 k €↑
2006
Annual accounts 200696,3 k €
23/01/1995
IncorporationPublic 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

FEYEN S.A.

Overview

What does FEYEN S.A. do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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