ACTIVE

Fegra

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Financial year 2025 · closed on 31/12/2025

Net result

-142,6 k €

-63.3% YoY

Gross margin

296,5 k €

-12.3% YoY

Equity

2,5 M €

-5.4% YoY

What does Fegra do?

Fegra is a Non-profit organization incorporated in 2018. Its main activity is: Activities of business and employers membership organisations. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0699.837.578

Incorporation

11/07/2018

Legal form

Non-profit organization

Registered office

Rue du Gouvernement Provisoire 16
1000 Bruxelles · BruxellesSee on map

Latest accounts

31/12/2025

Activities (NACE)

94110Activities of business and employers membership organisations· main 94110Activities of business and employers membership organisations 82300Organisation of conventions and trade shows 82300Organisation of conventions and trade shows

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 8 financial years

	2025		2024		2023		2022		2021		2020		2019		2018
Income statement
Gross margin	296,5 k €	-12.3%	338 k €	+11.9%	301,9 k €	+5.3%	286,6 k €	-10.7%	321 k €	+62.1%	198 k €	+88.6%	105 k €	+57.5%	66,7 k €
EBITDA	-134,2 k €	-96.2%	-68,4 k €	-47.7%	-46,3 k €	+37.1%	-73,7 k €	-586%	15,2 k €	+244%	-10,5 k €	+92.0%	-131,3 k €	-352%	-29,1 k €
Operating result	-153,2 k €	-77.1%	-86,5 k €	-28.1%	-67,6 k €	+28.2%	-94,1 k €	-533%	-14,9 k €	+61.3%	-38,4 k €	+78.6%	-179,7 k €	-426%	-34,2 k €
Net result	-142,6 k €	-63.3%	-87,4 k €	-499%	21,9 k €	+112%	-185,7 k €	-1100%	-15,5 k €	+60.4%	-39,1 k €	+52.0%	-81,5 k €	-133%	-35 k €
Balance sheet
Equity	2,5 M €	-5.4%	2,6 M €	-3.2%	2,7 M €	+0.8%	2,7 M €	-6.4%	2,9 M €	-0.5%	2,9 M €	-1.3%	2,9 M €	-2.7%	3 M €
Total assets	2,7 M €	-3.1%	2,8 M €	+1.2%	2,8 M €	-0.4%	2,8 M €	-6.7%	3 M €	+1.1%	3 M €	-3.6%	3,1 M €	-2.2%	3,2 M €
Cash	189,6 k €	+9.1%	173,7 k €	+35.8%	127,9 k €	-41.8%	219,8 k €	-32.2%	324 k €	-75.5%	1,3 M €	-26.8%	1,8 M €	-39.6%	3 M €
Debts	211,2 k €	+26.9%	166,4 k €	+147%	67,4 k €	+0.1%	67,4 k €	-17.7%	81,9 k €	+78.5%	45,9 k €	-48.8%	89,6 k €	+47.6%	60,7 k €
Other
Workforce	–		–		3,1 ETP	-16.2%	3,7 ETP	0.0%	3,7 ETP	+32.1%	2,8 ETP	0.0%	2,8 ETP	+115%	1,3 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 · 14 active · 57 ended

Active mandates

Filip Dobbelaere

Director · since 21 juin 2024

Active

Thierry Cardon

Director · since 21 juin 2024

Active

Kevin Deronne

Director · since 16 décembre 2021

Active

Gisèle Fichefet

Secrétaire · since 11 juin 2021

Active

Filip Vanovertveldt

Director · since 12 juin 2020

Active

Benjamin Leo Mijten

Penningmeester · since 09 mai 2018

Active

Ivo Franciscus Van den Heuvel

Director · since 09 mai 2018

Active

Jean Ignace Wart

Director · since 09 mai 2018

Active

Jean Maertens

Director · since 09 mai 2018

Active

Johan Gereels

Director · since 09 mai 2018

Active

Kurt De Grave

Vice-chairman of the board of directors · since 09 mai 2018

Active

Nick Van Heeschvelde

Chairman of the board of directors · since 09 mai 2018

Active

Renaat Joanna Van Leuven

Director · since 09 mai 2018

Active

Kristiaan Van den Keybus

Director

Active

Ended mandates

Kevin Deronne

Director · since 16 décembre 2021 · until 16 décembre 2021

Ended

Gisèle Fichefet

other_6 · since 11 juin 2021 · until 11 juin 2021

Ended

Peter Van Laere

Director · since 01 juillet 2020 · until 01 juillet 2020

Ended

Peter Van Laere

Director · since 01 juillet 2020

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro 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	26/06/2026	07/08/2025	19/07/2024	07/07/2023	29/06/2022	01/07/2021
General meeting	05/06/2026	06/06/2025	21/06/2024	09/06/2023	10/06/2022	11/06/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	05/06/2026	26/06/2026	French	PDF
Micro model	31/12/2025	05/06/2026	26/06/2026	Dutch	PDF
Micro model	31/12/2024	06/06/2025	07/08/2025	French	PDF
Micro model	31/12/2024	06/06/2025	02/07/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	19/07/2024	French	PDF
Abridged model	31/12/2023	21/06/2024	19/07/2024	Dutch	PDF
Abridged model	31/12/2022	09/06/2023	07/07/2023	French	PDF
Abridged model	31/12/2022	09/06/2023	07/07/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	29/06/2022	French	PDF
Abridged model	31/12/2021	10/06/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	01/07/2021	French	PDF
Abridged model	31/12/2020	11/06/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	16/07/2020	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	16/07/2020	French	PDF
Abridged model	31/12/2018	20/06/2019	30/08/2019	French	PDF
Abridged model	31/12/2018	20/06/2019	30/08/2019	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 · 14 active · 57 ended

Active mandates

Filip Dobbelaere

Director · since 21 juin 2024

Active

Thierry Cardon

Director · since 21 juin 2024

Active

Kevin Deronne

Director · since 16 décembre 2021

Active

Gisèle Fichefet

Secrétaire · since 11 juin 2021

Active

Filip Vanovertveldt

Director · since 12 juin 2020

Active

Benjamin Leo Mijten

Penningmeester · since 09 mai 2018

Active

Ivo Franciscus Van den Heuvel

Director · since 09 mai 2018

Active

Jean Ignace Wart

Director · since 09 mai 2018

Active

Jean Maertens

Director · since 09 mai 2018

Active

Johan Gereels

Director · since 09 mai 2018

Active

Kurt De Grave

Vice-chairman of the board of directors · since 09 mai 2018

Active

Nick Van Heeschvelde

Chairman of the board of directors · since 09 mai 2018

Active

Renaat Joanna Van Leuven

Director · since 09 mai 2018

Active

Kristiaan Van den Keybus

Director

Active

Ended mandates

Kevin Deronne

Director · since 16 décembre 2021 · until 16 décembre 2021

Ended

Gisèle Fichefet

other_6 · since 11 juin 2021 · until 11 juin 2021

Ended

Peter Van Laere

Director · since 01 juillet 2020 · until 01 juillet 2020

Ended

Peter Van Laere

Director · since 01 juillet 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates31/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/02/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates06/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/11/2020
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates05/10/2020
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates21/01/2020
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other20/07/2018
DIVERSEN
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 2025-142,6 k €↓
2024
Annual accounts 2024-87,4 k €↓
2023
Annual accounts 202321,9 k €↑
2022
Annual accounts 2022-185,7 k €↓
2021
Annual accounts 2021-15,5 k €↑
2020
Annual accounts 2020-39,1 k €↑
2019
Annual accounts 2019-81,5 k €↓
2018
Annual accounts 2018-35 k €
11/07/2018
IncorporationNon-profit organization

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

Fegra

Overview

What does Fegra do?

Trend over 8 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