FELCON
ActiveSummary
FELCON has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €322k and a net result of €37k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 61% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+1
Solvency92▲+6
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.59 against 0.49 in 2024; short-term debt: 23.1% and cash: 5.9% of total assets), and 32.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.2%
Return on assets
7.7%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €322k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-11-2025, 67 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
67 d early
2024
52 d early
2023
on the day
2022
19 d early
2021
35 d early
2020
39 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€322k▲ 13.0%
2024 · €285k
2019: €334k
2020: €251k
2021: €250k
2022: €259k
2023: €256k
2024: €285k
2019 → 2025
Total assets
€480k▲ 3.1%
2024 · €465k
2019: €642k
2020: €535k
2021: €495k
2022: €477k
2023: €465k
2024: €465k
2019 → 2025
Net result
€37k▲ 28.5%
2024 · €29k
2019: €-286k
2020: €-84k
2021: €-700
2022: €9k
2023: €-3k
2024: €29k
2019 → 2025
Working capital
€-45k▲ 36.5%
2024 · €-71k
2019: €-34k
2020: €-49k
2021: €-71k
2022: €-73k
2023: €-87k
2024: €-71k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€250k-€259k▲ 3.8%€256k▼ 1.2%€285k▲ 11.3%€322k▲ 13.0%
Operating result€22k-€16k▼ 26.4%€2k▼ 89.0%€34k▲ 1,844%€41k▲ 20.0%
Net result€-700-€9k€-3k€29k€37k▲ 28.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €480k
Fixed assets
€414k ▲ 4.0%
Current assets
€66k ▼ 2.4%
Equity and liabilities €480k
Equity
€322k ▲ 13.0%
Debt
€157k ▼ 12.6%
Debt's share of the balance-sheet total falls from 38.7% to 32.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▲
2024 · €55k
Cash flow
€60k▲
2024 · €49k
Current ratio
0.59▲
2024 · 0.49
Debt to equity
0.49▼
2024 · 0.63
ROE
11.5%▲
2024 · 10.1%
ROA
7.7%▲
2024 · 6.2%
Interest coverage
17.15▲
2024 · 10.62
Debt ≤ 1 year
€111k▼
2024 · €139k
Debt > 1 year
€41k▲
2024 · €34k
Income taxes
€524▲
2024 · €400
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€465k€480k▲
Fixed assets21/28€398k€414k▲
Tangible fixed assets22/27€398k€414k▲
Land and buildings22€389k€372k▼
Plant, machinery and equipment23€1k€4k▲
Furniture and vehicles24€2k€633▼
Leasing and similar rights25-€33k
Other tangible fixed assets26€5k€4k▼
Current assets29/58€68k€66k▼
Amounts receivable within one year40/41€61k€31k▼
Trade receivables40€61k€31k▼
Other amounts receivable41-€238
Cash at bank and in hand54/58€53€28k▲
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€465k€480k▲
Equity10/15€285k€322k▲
Contributions10/11€69k€69k=
Reserves13€556k€556k=
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Distributable reserves133€548k€548k=
Profit (loss) carried forward14€-340k€-303k▲
Amounts payable17/49€180k€157k▼
Amounts payable after more than one year17€34k€41k▲
Financial debts170/4€34k€41k▲
Amounts payable within one year42/48€139k€111k▼
Current portion of amounts payable after more than one year42€35k€24k▼
Financial debts43€3k€0▼
Credit institutions430/8€3k€0▼
Trade debts44€18k€19k▲
Suppliers440/4€18k€19k▲
Taxes, remuneration and social security45€15k€11k▼
Taxes450/3€12k€9k▼
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€68k€56k▼
Accrued charges and deferred income492/3€8k€5k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€23k▲
Other operating charges640/8€4k€7k▲
Gross operating margin9900€58k€72k▲
Operating profit (loss)9901€34k€41k▲
Financial income75/76B€38€123▲
Recurring financial income75€38€123▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€29k€38k▲
Income taxes67/77€400€524▲
Profit (loss) for the period9904€29k€37k▲
Profit (loss) for the period to be appropriated9905€29k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-340k€-303k▲
Profit (loss) brought forward from the previous period14P€-369k€-340k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
25-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2019net €37k ▲28.5%
Operating result €41k, net result €37k, both a record.
2024
10-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
2021
27-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
11-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
13-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
20-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bornem · 1 establishment unit since 2008
Ground area
618 m²
Building footprint
246 m²
Volume, LiDAR
1,211 m³
Parcel 12015A0635/00Z000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Frans Van Haelenstraat(HIN) 15, 2880 Bornem
since 20082.168.234.268
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12015A0635/00Z000 | Flanders | 618 m² | 1 · 246 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 37,714 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-2007
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.