ACTIVE

FE+

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Financial year 2025 · closed on 31/12/2025
Net result
-122,9 k €
+70.1% YoY
Gross margin
421,8 k €
+80.6% YoY
Equity
575 k €
-17.6% YoY
Workforce
5,1 ETP
-37.0% YoY

What does FE+ do?

FE+ is a Private limited company incorporated in 2006. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Olen. It employs on average 5,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0881.272.912
Incorporation
12/05/2006
Legal form
Private limited company
Registered office
Hagelberg 15
2250 Olen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
5,1 ETP
Activities (NACE)
25110Manufacture of metal structures and parts of structures· main25110Manufacture of metal structures and parts of structures25402Manufacture of weapons and ammunition25502Forging, pressing, stamping and roll-forming of metal; powder metallurgy28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines28402Manufacture of metal forming machinery and machine tools
Joint committees (4)
  • 111
  • 11101
  • 209
  • 20900
Contacts
2 public details availableLog in to view
Signals
Positive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420242023202220212019201820172016201520142013201220112010200920082007
Income statement
Gross margin421,8 k €233,5 k €881 k €669 k €942,2 k €631 k €657,6 k €806,4 k €891,9 k €––––849,3 k €920,1 k €594,4 k €701 k €629 k €360,1 k €
EBITDA62,3 k €-221,6 k €354,5 k €202,8 k €482,9 k €109,5 k €100,8 k €238,6 k €340,5 k €327,9 k €96,6 k €119,1 k €159,3 k €353,4 k €439,1 k €107,9 k €193,7 k €257,1 k €91,1 k €
Operating result-85,3 k €-385,1 k €145,1 k €16,4 k €324,1 k €72,7 k €50,4 k €170,4 k €178,7 k €175,2 k €-39,6 k €-11,7 k €34,7 k €214,9 k €295,4 k €-41,3 k €6,2 k €31,3 k €36,1 k €
Net result-122,9 k €-411,3 k €87,9 k €285,8 €313,1 k €51,2 k €44,2 k €143,7 k €147,6 k €133,7 k €-50,4 k €-20,7 k €29,1 k €141 k €189,6 k €-1 k €-6 k €20 k €10,9 k €
Balance sheet
Equity575 k €698 k €1,1 M €1 M €1 M €707,9 k €608,3 k €564 k €516,4 k €464,8 k €331,1 k €381,4 k €402,2 k €373 k €249,7 k €77,7 k €96,4 k €120 k €29,5 k €
Total assets2,1 M €2,4 M €2,5 M €2,3 M €2,3 M €1,1 M €1,1 M €1 M €1 M €1 M €1,2 M €1,1 M €1,1 M €1,3 M €1,4 M €1,3 M €1,4 M €1,7 M €1 M €
Cash44 k €84,6 k €111,5 k €113,2 k €113,9 k €340,2 k €49,6 k €99,5 k €152 k €138,7 k €75,4 k €91,6 k €2,7 k €56,7 k €19,3 k €6 k €17,4 k €76,6 k €272,1 k €
Debts1,6 M €1,7 M €1,4 M €1,2 M €1,3 M €363,7 k €529,4 k €472,2 k €490,9 k €578,3 k €900,6 k €716,8 k €700,6 k €900,3 k €1,1 M €1,2 M €1,3 M €1,6 M €1 M €
Other
Workforce5,1 ETP8,1 ETP7,3 ETP6,9 ETP7,5 ETP7,7 ETP10,5 ETP11,3 ETP9,9 ETP8,8 ETP8,0 ETP7,8 ETP8,3 ETP8,8 ETP9,1 ETP9,2 ETP10,0 ETP7,8 ETP6,4 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 · 3 active · 15 ended

Active mandates

LW-GROUP

Director · 0880.390.806

Represented by Luc Kuysters

Active
PIPET

Bestuurder B · 0759.693.112

Represented by Jan Vandevivere

Active
Wim Kuysters

Director

Active

Ended mandates

PIPET

Director · since 30 janvier 2024 · 0759.693.112

Represented by Jan VANDEVIVERE

Ended
PIPET

Director · since 30 janvier 2024 · 0759.693.112

Represented by Vandevivere JAN

Ended
Wim Kuysters

Director · since 30 janvier 2024

Ended
LW-GROUP

Manager · since 01 octobre 2017 · 0880.390.806

Represented by Luc Kuysters

Ended
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Annual accounts

Full financial information

202520242024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/12/202531/12/202431/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months9 months12 months12 months12 months12 months
Filing date09/06/202624/07/202525/10/202427/10/202326/10/202217/11/2021
General meeting15/05/202630/06/202530/09/202429/09/202316/09/202217/09/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/05/202609/06/2026DutchPDF
Abridged model31/12/202430/06/202524/07/2025DutchPDF
Abridged model31/03/202430/09/202425/10/2024DutchPDF
Abridged model31/03/202329/09/202327/10/2023DutchPDF
Abridged model31/03/202216/09/202226/10/2022DutchPDF
Abridged model31/03/202117/09/202117/11/2021DutchPDF
Abridged model31/03/202018/09/202005/10/2020DutchPDF
Abridged model31/03/201920/09/201918/10/2019DutchPDF
Abridged model31/03/201821/09/201817/10/2018DutchPDF
Abridged model31/03/201715/09/201724/10/2017DutchPDF
Full model31/03/201628/09/201625/10/2016DutchPDF
Full model31/03/201518/09/201514/10/2015DutchPDF
Full model31/03/201419/09/201414/10/2014DutchPDF
Full model31/03/201330/09/201329/10/2013DutchPDF
Abridged model31/03/201221/09/201211/10/2012DutchPDF
Abridged model31/03/201129/09/201121/10/2011DutchPDF
Abridged model31/03/201029/09/201022/10/2010DutchPDF
Abridged model31/03/200930/09/200929/10/2009DutchPDF
Abridged model31/03/200819/09/200823/09/2008DutchPDF
Abridged model31/03/200721/09/200712/10/2007DutchPDF
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 · 3 active · 15 ended

Active mandates

LW-GROUP

Director · 0880.390.806

Represented by Luc Kuysters

Active
PIPET

Bestuurder B · 0759.693.112

Represented by Jan Vandevivere

Active
Wim Kuysters

Director

Active

Ended mandates

PIPET

Director · since 30 janvier 2024 · 0759.693.112

Represented by Jan VANDEVIVERE

Ended
PIPET

Director · since 30 janvier 2024 · 0759.693.112

Represented by Vandevivere JAN

Ended
Wim Kuysters

Director · since 30 janvier 2024

Ended
LW-GROUP

Manager · since 01 octobre 2017 · 0880.390.806

Represented by Luc Kuysters

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates08/03/2024
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates19/12/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/01/2016
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/11/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/05/2006
    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 2025-122,9 k €↑
  2. 2024
    Annual accounts 2024-411,3 k €↓
  3. 2024
    Annual accounts 202487,9 k €↑
  4. 2023
    Annual accounts 2023285,8 €↓
  5. 2022
    Annual accounts 2022313,1 k €↑
  6. 2021
    Annual accounts 202151,2 k €↑
  7. 2019
    Annual accounts 201944,2 k €↓
  8. 2018
    Annual accounts 2018143,7 k €↓
  9. 2017
    Annual accounts 2017147,6 k €↑
  10. 2016
    Annual accounts 2016133,7 k €↑
  11. 2015
    Annual accounts 2015-50,4 k €↓
  12. 2014
    Annual accounts 2014-20,7 k €↓
  13. 2013
    Annual accounts 201329,1 k €↓
  14. 2012
    Annual accounts 2012141 k €↓
  15. 2011
    Annual accounts 2011189,6 k €↑
  16. 2010
    Annual accounts 2010-1 k €↑
  17. 2009
    Annual accounts 2009-6 k €↓
  18. 2008
    Annual accounts 200820 k €↑
  19. 2007
    Annual accounts 200710,9 k €
  20. 12/05/2006
    IncorporationPrivate limited company