FEDAL
0870.626.864 · rovalta.com · 22/09/2026
ACTIVE
FEDAL
Financial year 2025 · closed on 30/06/2025
Net result
653 k €
-97.9% YoY
Gross margin
-49,6 k €
-176.2% YoY
Equity
30,3 M €
+2.2% YoY
Overview
What does FEDAL do?
FEDAL is a Public limited company incorporated in 2004. Its main activity is: Other education n.e.c.. Its registered office is in Ixelles.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0870.626.864
Incorporation
16/12/2004
Legal form
Public limited company
Registered office
Avenue de l'Hippodrome 42
1050 Ixelles · BruxellesSee on map
1050 Ixelles · BruxellesSee on map
Contributed capital
61 940,92 €
Latest accounts
30/06/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | -49,6 k € | -176% | -18 k € | +69.6% | -59,2 k € | +2.6% | -60,8 k € | -12.0% | -54,3 k € | +10.6% | -60,8 k € | -18.0% | -51,5 k € | -29.9% | -39,7 k € | -19.0% | -33,3 k € | +23.1% | -43,3 k € | -17.7% | -36,8 k € | +2.7% | -37,8 k € | +26.1% | -51,2 k € | +10.2% | -57 k € | +9.8% | -63,2 k € | +14.8% | -74,2 k € | +35.8% | -115,5 k € | -181% | -41,1 k € | -148% | 85,8 k € | -80.2% | 434,2 k € |
| EBITDA | -68,8 k € | -275% | -18,3 k € | +69.7% | -60,6 k € | +6.8% | -65 k € | +16.7% | -78 k € | -25.0% | -62,4 k € | -16.4% | -53,7 k € | -31.1% | -40,9 k € | -18.5% | -34,5 k € | +23.7% | -45,2 k € | -17.7% | -38,4 k € | +6.8% | -41,3 k € | +28.8% | -58 k € | +0.8% | -58,4 k € | +10.1% | -65 k € | +16.0% | -77,3 k € | +33.9% | -117,1 k € | -175% | -42,5 k € | -150% | 84,8 k € | -80.4% | 432,8 k € |
| Operating result | -75,5 k € | -295% | -19,1 k € | +73.1% | -71,1 k € | +5.5% | -75,3 k € | +15.8% | -89,4 k € | -21.2% | -73,8 k € | -13.6% | -64,9 k € | -20.1% | -54,1 k € | -13.3% | -47,7 k € | +16.0% | -56,9 k € | -18.1% | -48,1 k € | +4.4% | -50,4 k € | +25.7% | -67,8 k € | -3.1% | -65,7 k € | +11.2% | -74 k € | +14.1% | -86,1 k € | +28.5% | -120,4 k € | -173% | -44,2 k € | -154% | 82,4 k € | -80.9% | 431 k € |
| Net result | 653 k € | -97.9% | 30,7 M € | +33474% | 91,6 k € | +378% | -33 k € | -109% | 350 k € | +2025% | -18,2 k € | -116% | 114 k € | +66.7% | 68,4 k € | -55.4% | 153,4 k € | +103% | 75,5 k € | +2122% | -3,7 k € | -101% | 681,5 k € | +378% | 142,5 k € | +114% | -1 M € | -61.5% | -626,3 k € | -73.4% | -361,3 k € | -8552% | -4,2 k € | +99.6% | -1,2 M € | -1602% | 79,3 k € | -73.3% | 297,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 30,3 M € | +2.2% | 29,7 M € | +2879% | -1,1 M € | +7.9% | -1,2 M € | -2.9% | -1,1 M € | +23.7% | -1,5 M € | -1.2% | -1,5 M € | +7.3% | -1,6 M € | +4.2% | -1,6 M € | +8.5% | -1,8 M € | +4.0% | -1,9 M € | -0.2% | -1,9 M € | +26.8% | -2,5 M € | +5.3% | -2,7 M € | -60.3% | -1,7 M € | -59.5% | -1,1 M € | -52.3% | -690,8 k € | -0.6% | -686,6 k € | -236% | 504,4 k € | +18.6% | 425,2 k € |
| Total assets | 33,7 M € | +4.1% | 32,4 M € | +549% | 5 M € | +3.3% | 4,8 M € | +22.3% | 4 M € | +10.5% | 3,6 M € | +6.6% | 3,4 M € | +9.3% | 3,1 M € | +124% | 1,4 M € | -30.4% | 2 M € | -16.4% | 2,4 M € | -43.2% | 4,1 M € | -21.0% | 5,2 M € | -13.1% | 6 M € | -14.6% | 7,1 M € | +120% | 3,2 M € | +33.4% | 2,4 M € | +16.2% | 2,1 M € | -15.3% | 2,4 M € | +15.0% | 2,1 M € |
| Cash | 146,8 k € | -46.4% | 274 k € | +3653% | 7,3 k € | -80.7% | 37,9 k € | +381% | 7,9 k € | +343% | 1,8 k € | -73.4% | 6,7 k € | +30.8% | 5,1 k € | -6.3% | 5,5 k € | +9.5% | 5 k € | -96.8% | 155 k € | -7.0% | 166,7 k € | +2654% | 6,1 k € | -41.2% | 10,3 k € | +152% | 4,1 k € | +43.6% | 2,8 k € | -78.7% | 13,3 k € | -75.8% | 55,2 k € | +478% | 9,6 k € | -66.1% | 28,2 k € |
| Debts | 3,4 M € | +24.1% | 2,7 M € | -55.0% | 6,1 M € | +1.1% | 6 M € | +18.0% | 5,1 M € | +0.5% | 5,1 M € | +5.0% | 4,8 M € | +3.7% | 4,6 M € | +54.1% | 3 M € | -20.0% | 3,8 M € | -11.0% | 4,2 M € | -29.7% | 6 M € | -22.8% | 7,8 M € | -10.7% | 8,7 M € | -0.2% | 8,7 M € | +105% | 4,3 M € | +37.6% | 3,1 M € | +12.7% | 2,8 M € | +41.5% | 1,9 M € | +14.3% | 1,7 M € |
Estimate
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/06/2025 · 1 active · 21 ended
Active mandates
NICOLAS LAGARDE
ActiveEnded mandates
Nicolas Lagarde
EndedNicolas LAGARDE
EndedElisabeth Rozet
EndedNicolas LAGARDE
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/07/2024 | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 |
| Closing of the financial year | 30/06/2025 | 30/06/2024 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 |
| Length of the financial year | 12 months | 3 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 27/02/2026 | 06/02/2025 | 16/09/2024 | 04/10/2023 | 12/10/2022 | 13/10/2021 |
| General meeting | 04/12/2025 | 01/08/2024 | 01/08/2024 | 03/08/2023 | 04/08/2022 | 05/08/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/06/2025 | 04/12/2025 | 27/02/2026 | French | |
| Abridged model | 30/06/2024 | 01/08/2024 | 06/02/2025 | French | |
| Abridged model | 31/03/2024 | 01/08/2024 | 16/09/2024 | French | |
| Abridged model | 31/03/2023 | 03/08/2023 | 04/10/2023 | French | |
| Abridged model | 31/03/2022 | 04/08/2022 | 12/10/2022 | French | |
| Abridged model | 31/03/2021 | 05/08/2021 | 13/10/2021 | French | |
| Abridged model | 31/03/2020 | 06/08/2020 | 28/09/2020 | French | |
| Abridged model | 31/03/2019 | 14/09/2019 | 13/11/2019 | French | |
| Abridged model | 31/03/2018 | 08/09/2018 | 27/09/2018 | French | |
| Abridged model | 31/03/2017 | 09/09/2017 | 31/10/2017 | French | |
| Abridged model | 31/03/2016 | 10/09/2016 | 30/09/2016 | French | |
| Abridged model | 31/03/2015 | 12/09/2015 | 30/09/2015 | French | |
| Abridged model | 31/03/2014 | 13/09/2014 | 13/10/2014 | French | |
| Abridged model | 31/03/2013 | 14/09/2013 | 22/10/2013 | French | |
| Abridged model | 31/03/2012 | 08/09/2012 | 19/10/2012 | French | |
| Abridged model | 31/03/2011 | 10/09/2011 | 28/10/2011 | French | |
| Abridged model | 31/03/2010 | 11/09/2010 | 29/10/2010 | French | |
| Abridged model | 31/03/2009 | 12/09/2009 | 14/10/2009 | French | |
| Abridged model | 31/03/2008 | 13/09/2008 | 24/11/2008 | French | |
| Abridged model | 31/03/2007 | 08/09/2007 | 25/09/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 25 M€ and 50 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/06/2025 · 1 active · 21 ended
Active mandates
NICOLAS LAGARDE
ActiveEnded mandates
Nicolas Lagarde
EndedNicolas LAGARDE
EndedElisabeth Rozet
EndedNicolas LAGARDE
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other05/06/2024STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - ASSEMBLEE GENERALE - ANNEE COMPTABLE
- Mandates01/07/2020STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
- Mandates18/10/2018DEMISSIONS, NOMINATIONS
- Mandates03/11/2016DEMISSIONS, NOMINATIONS
- Mandates09/12/2013DEMISSIONS, NOMINATIONS
- Mandates22/12/2010DEMISSIONS, NOMINATIONS
- Registered office07/07/2010Transfert du siège social
- Mandates01/07/2009DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025653 k €↓
- 2024Annual accounts 202430,7 M €↑
- 2024Annual accounts 202491,6 k €↑
- 2023Annual accounts 2023-33 k €↓
- 2022Annual accounts 2022350 k €↑
- 2021Annual accounts 2021-18,2 k €↓
- 2020Annual accounts 2020114 k €↑
- 2019Annual accounts 201968,4 k €↓
- 2018Annual accounts 2018153,4 k €↑
- 2017Annual accounts 201775,5 k €↑
- 2016Annual accounts 2016-3,7 k €↓
- 2015Annual accounts 2015681,5 k €↑
- 2014Annual accounts 2014142,5 k €↑
- 2013Annual accounts 2013-1 M €↓
- 2012Annual accounts 2012-626,3 k €↓
- 2011Annual accounts 2011-361,3 k €↓
- 2010Annual accounts 2010-4,2 k €↑
- 2009Annual accounts 2009-1,2 M €↓
- 2008Annual accounts 200879,3 k €↓
- 2007Annual accounts 2007297,4 k €
- 16/12/2004IncorporationPublic limited company