ACTIVE

FEYNMAN

Financial year 2025 · closed on 31/12/2025
Net result
1,9 k €
+102.4% YoY
Gross margin
91,8 k €
+1.1% YoY
Equity
-94,9 k €
+1.9% YoY
Workforce
0,0 ETP

What does FEYNMAN do?

FEYNMAN is a Private limited company incorporated in 2004. Its main activity is: Air transport. Its registered office is in Zele.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0869.551.946
Incorporation
01/10/2004
Legal form
Private limited company
Registered office
Lokerenbaan 70
9240 Zele · FlandreSee on map
Contributed capital
125 500,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin91,8 k €90,9 k €64,6 k €58 k €69,1 k €
EBITDA83,8 k €36,1 k €57,7 k €51,8 k €50,9 k €
Operating result17,5 k €-32,3 k €-6,6 k €-11,4 k €-41,2 k €
Net result1,9 k €-77,3 k €-17,5 k €-27,6 k €-68,6 k €
Balance sheet
Equity-94,9 k €-96,8 k €-19,5 k €-2 k €-99,4 k €
Total assets1,8 M €2 M €2 M €1,9 M €1,9 M €
Cash24,3 k €76,9 k €13,7 k €3,7 k €26 k €
Debts1,9 M €2,1 M €2 M €1,9 M €2 M €
Other
Workforce0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Michael Johanna De Decker

Director · since 26 juin 2020

Active

Ended mandates

Christine Valerie Vastenavondt

Director · since 09 janvier 2018 · until 31 janvier 2023

Ended
Christine Valerie Vastenavondt

Director · since 09 janvier 2018

Ended
Michael Johanna De Decker

Director · since 01 septembre 2012

Ended
At this address

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PAPILIOActive
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/07/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months18 months
Filing date17/07/202616/07/202529/08/202426/06/202304/07/202223/06/2021
General meeting19/06/202620/06/202521/06/202416/06/202317/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202617/07/2026DutchPDF
Micro model31/12/202420/06/202516/07/2025DutchPDF
Micro model31/12/202321/06/202429/08/2024DutchPDF
Micro model31/12/202216/06/202326/06/2023DutchPDF
Micro model31/12/202117/06/202204/07/2022DutchPDF
Micro model31/12/202018/06/202123/06/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 1 active · 3 ended

Active mandates

Michael Johanna De Decker

Director · since 26 juin 2020

Active

Ended mandates

Christine Valerie Vastenavondt

Director · since 09 janvier 2018 · until 31 janvier 2023

Ended
Christine Valerie Vastenavondt

Director · since 09 janvier 2018

Ended
Michael Johanna De Decker

Director · since 01 septembre 2012

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/02/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office20/04/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates20/07/2020
    BENAMING - ONTSLAGEN - BENOEMINGEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office10/11/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates26/02/2010
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/10/2007
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other29/10/2004
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 20251,9 k €
  2. 2024
    Annual accounts 2024-77,3 k €
  3. 2023
    Annual accounts 2023-17,5 k €
  4. 2022
    Annual accounts 2022-27,6 k €
  5. 2021
    Annual accounts 2021-68,6 k €
  6. 01/10/2004
    IncorporationPrivate limited company