NORMAL SITUATION

FAILSAFE GROUP

Financial year 2024 · closed on 31/12/2024
Net result
10,1 €
-100.0% YoY
Gross margin
107,3 k €
+3.8% YoY
Equity
918,9 k €
+0.0% YoY
Workforce
1,6 ETP
-5.9% YoY

Company — Normal situation.

What does FAILSAFE GROUP do?

FAILSAFE GROUP is a company registered in Belgium. It employs on average 1,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0890.928.073
Legal form
Private limited company
Contributed capital
243 000,00 €
Latest accounts
31/12/2024
Average workforce
1,6 ETP
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin107,3 k €103,4 k €65,9 k €71,2 k €62 k €47,3 k €57,7 k €33,8 k €75,8 k €163,6 k €173,7 k €230,4 k €237,3 k €226 k €163,2 k €138,6 k €205,5 k €
EBITDA4,9 k €2,6 k €7,2 k €4,7 k €5,1 k €6,1 k €4,9 k €-3,6 k €-1,6 k €117,6 k €124,1 k €180,4 k €185,8 k €158,1 k €93,6 k €72,2 k €133,1 k €
Operating result4,9 k €2,6 k €7,2 k €4,7 k €5,1 k €6,1 k €4,9 k €-3,6 k €-1,6 k €97,5 k €95 k €151,3 k €157,4 k €129,7 k €84,1 k €72,2 k €133,1 k €
Net result10,1 €122,7 k €91 k €51,6 k €84,7 k €59,9 k €52,1 k €189,6 k €158,4 k €58,4 k €51,2 k €234,4 k €89,5 k €71,1 k €40,6 k €37,4 k €80,9 k €
Balance sheet
Equity918,9 k €918,9 k €896,2 k €875,2 k €853,6 k €828,9 k €814 k €807,4 k €722,8 k €686,4 k €628 k €378,9 k €364,5 k €275 k €203,9 k €163,3 k €125,9 k €
Total assets1,3 M €1,3 M €1,2 M €1,2 M €1,2 M €1,2 M €1,2 M €1,2 M €1,3 M €1,4 M €1,4 M €1,4 M €1,3 M €1,4 M €1,4 M €1,3 M €1,3 M €
Cash40,4 k €39,2 k €36 k €28,2 k €27,4 k €29 k €26,6 k €14,9 k €41 k €48,9 k €21,1 k €34,6 k €31,4 k €53,4 k €107,1 k €58,7 k €66,7 k €
Debts332,5 k €334,4 k €350,2 k €365,7 k €383,6 k €408,4 k €425,4 k €438,6 k €572,1 k €674,9 k €821 k €1 M €982,1 k €1,1 M €1,2 M €1,2 M €1,2 M €
Other
Workforce1,6 ETP1,7 ETP1,8 ETP1,7 ETP2,2 ETP1,9 ETP1,8 ETP1,3 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,6 ETP1,8 ETP1,7 ETP1,7 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 15 ended

Active mandates

Futurum Stabilum

Director · 1011.489.373

Represented by Frederik Van den Eede

Active
Limid

Director · 1011.385.544

Represented by Davy Rombouts

Active
LO-MANAGEMENT

Director · 0735.398.669

Represented by Luc Ost

Active

Ended mandates

Davy Rombouts

Manager · since 15 décembre 2016

Ended
Frederik Van den Eede

Manager · since 15 décembre 2016

Ended
Luc Mattheeussen

Manager · since 09 juillet 2007 · until 15 décembre 2016

Ended
Luc Mattheeussen

Manager · since 09 juillet 2007

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/04/202517/05/202430/06/202316/06/202203/08/202108/06/2020
General meeting10/02/202530/04/202430/04/202330/04/202230/04/202130/04/2020
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202410/02/202504/04/2025DutchPDF
Abridged model31/12/202330/04/202417/05/2024DutchPDF
Abridged model31/12/202230/04/202330/06/2023DutchPDF
Abridged model31/12/202130/04/202216/06/2022DutchPDF
Abridged model31/12/202030/04/202103/08/2021DutchPDF
Abridged model31/12/201930/04/202008/06/2020DutchPDF
Abridged model31/12/201830/04/201928/06/2019DutchPDF
Abridged model31/12/201730/04/201816/07/2018DutchPDF
Abridged model31/12/201628/04/201723/06/2017DutchPDF
Abridged model31/12/201530/04/201625/07/2016DutchPDF
Abridged model31/12/201430/04/201513/07/2015DutchPDF
Abridged model31/12/201330/04/201427/06/2014DutchPDF
Abridged model31/12/201230/04/201321/06/2013DutchPDF
Abridged model31/12/201130/04/201224/07/2012DutchPDF
Abridged model31/12/201030/04/201130/06/2011DutchPDF
Abridged model31/12/200930/04/201028/06/2010DutchPDF
Abridged model31/12/200830/04/200919/06/2009DutchPDF
Estimate

Indicative valuation

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 31/12/2024 · 3 active · 15 ended

Active mandates

Futurum Stabilum

Director · 1011.489.373

Represented by Frederik Van den Eede

Active
Limid

Director · 1011.385.544

Represented by Davy Rombouts

Active
LO-MANAGEMENT

Director · 0735.398.669

Represented by Luc Ost

Active

Ended mandates

Davy Rombouts

Manager · since 15 décembre 2016

Ended
Frederik Van den Eede

Manager · since 15 décembre 2016

Ended
Luc Mattheeussen

Manager · since 09 juillet 2007 · until 15 décembre 2016

Ended
Luc Mattheeussen

Manager · since 09 juillet 2007

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring05/03/2025
    MET FUSIE GELIJKGESTELDE VERRICHTING (GERUISLOZE FUSIE) - VER-
    PDF
  • Restructuring31/12/2024
    Fusievoorstel
    PDF
  • Mandates30/08/2024
    ontslagen en benoemingen bestuurders
    PDF
  • Other23/03/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates09/01/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/02/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other26/07/2007
    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. 2024
    Annual accounts 202410,1 €
  2. 2023
    Annual accounts 2023122,7 k €
  3. 2022
    Annual accounts 202291 k €
  4. 2021
    Annual accounts 202151,6 k €
  5. 2020
    Annual accounts 202084,7 k €
  6. 2019
    Annual accounts 201959,9 k €
  7. 2018
    Annual accounts 201852,1 k €
  8. 2017
    Annual accounts 2017189,6 k €
  9. 2016
    Annual accounts 2016158,4 k €
  10. 2015
    Annual accounts 201558,4 k €
  11. 2014
    Annual accounts 201451,2 k €
  12. 2013
    Annual accounts 2013234,4 k €
  13. 2012
    Annual accounts 201289,5 k €
  14. 2011
    Annual accounts 201171,1 k €
  15. 2010
    Annual accounts 201040,6 k €
  16. 2009
    Annual accounts 200937,4 k €
  17. 2008
    Annual accounts 200880,9 k €