FELCONSTRUCT
Bankruptcy closedInactive since 17-07-2026; last annual accounts for fiscal year 2023.
Summary
FELCONSTRUCT was declared bankrupt on 15-09-2025 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 30-06-2026, published in the Belgian State Gazette on 22-07-2026.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€441k
EBIT margin
56.2%
Net result
€248k
2022 · €-6k
2018: €12k
2019: €4k▼ -71.0% vs 2018
2020: €-11k▼ -415% vs 2019lowest in 6 years
2021: €1k▲ +112% vs 2020
2022: €-6k▼ -520% vs 2021
2023: €248k▲ +4538% vs 2022highest in 6 years
2018 → 2023
Working capital
€266k▲ 1,321%
2022 · €19k
2018: €31k
2019: €35k▲ +11.6% vs 2018
2020: €23k▼ -32.8% vs 2019
2021: €25k▲ +5.7% vs 2020
2022: €19k▼ -23.9% vs 2021lowest in 6 years
2023: €266k▲ +1321% vs 2022highest in 6 years
2018 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€441k
Equity€35k-€23k▼ 32.8%€25k▲ 5.7%€19k▼ 22.7%€267k▲ 1,300%
2019: €35k
2020: €23k▼ -32.8% vs 2019
2021: €25k▲ +5.7% vs 2020
2022: €19k▼ -22.7% vs 2021lowest in 5 years
2023: €267k▲ +1300% vs 2022highest in 5 years
Operating result€7k-€-11k€1k€-5k€248k
2019: €7k
2020: €-11k▼ -248% vs 2019lowest in 5 years
2021: €1k▲ +113% vs 2020
2022: €-5k▼ -465% vs 2021
2023: €248k▲ +4765% vs 2022highest in 5 years
Net result€4k-€-11k€1k€-6k€248k
2019: €4k
2020: €-11k▼ -415% vs 2019lowest in 5 years
2021: €1k▲ +112% vs 2020
2022: €-6k▼ -520% vs 2021
2023: €248k▲ +4538% vs 2022highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €248k after a loss of €5k in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €271k
Fixed assets
€300 =
Current assets
€271k ▲ 324%
Equity and liabilities €271k
Equity
€267k ▲ 1,300%
Debt
€4k ▼ 90.6%
Debt's share of the balance-sheet total falls from 70.3% to 1.6%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
63.61▲
2022 · 1.42
Debt to equity
0.02▼
2022 · 2.37
ROE
92.9%▲
2022 · -29.3%
ROA
91.4%▲
2022 · -8.7%
Debt ≤ 1 year
€4k▼
2022 · €45k
Staff costs
€24k▲
2022 · €21k
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 · 2023 against 2022 · 36 lines
Balance sheet
Code20222023
Assets
Total assets20/58€64k€271k▲
Fixed assets21/28€300€300=
Financial fixed assets28€300€300=
Current assets29/58€64k€271k▲
Amounts receivable within one year40/41€64k€270k▲
Trade receivables40€7k€226k▲
Other amounts receivable41€56k€44k▼
Cash at bank and in hand54/58€220€221▲
Equity and liabilities
Total equity and liabilities10/49€64k€271k▲
Equity10/15€19k€267k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-1k€246k▲
Amounts payable17/49€45k€4k▼
Amounts payable within one year42/48€45k€4k▼
Trade debts44€12k€4k▼
Suppliers440/4€12k€4k▼
Taxes, remuneration and social security45€33k-
Taxes450/3€273-
Remuneration and social security454/9€33k-
Income statement
Code20222023
Turnover70-€441k
Goods, raw materials, services and sundry goods60/61-€170k
Remuneration, social security and pensions62€21k€24k▲
Other operating charges640/8€365-
Non-recurring operating charges66A€4k-
Gross operating margin9900€20k€271k▲
Operating profit (loss)9901€-5k€248k▲
Financial charges65/66B€266€245▼
Recurring financial charges65€266€245▼
Profit (loss) for the period before taxes9903€-6k€248k▲
Profit (loss) for the period9904€-6k€248k▲
Profit (loss) for the period to be appropriated9905€-6k€248k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€246k▲
Profit (loss) brought forward from the previous period14P€4k€-1k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €441k | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €170k | - |
| Remuneration, social security and pensions62 | - | - | - | €21k | €24k | ▲ 10.0% |
| Other operating charges640/8 | - | - | €540 | €365 | - | - |
| Non-recurring operating charges66A | - | - | €224 | €4k | - | - |
| Gross operating margin9900 | €8k | €-10k | €2k | €20k | €271k | ▲ 1,252% |
| Operating profit (loss)9901 | €7k | €-11k | €1k | €-5k | €248k | ▲ 4,765% |
| Financial income75/76B | - | - | €122 | - | - | - |
| Recurring financial income75 | - | - | €122 | - | - | - |
| Financial charges65/66B | - | - | €249 | €266 | €245 | ▼ 8.0% |
| Recurring financial charges65 | €3k | €570 | €249 | €266 | €245 | ▼ 8.0% |
| Profit (loss) for the period before taxes9903 | €4k | €-11k | €1k | €-6k | €248k | ▲ 4,538% |
| Income taxes67/77 | €280 | €-6 | €0 | - | - | - |
| Profit (loss) for the period9904 | €4k | €-11k | €1k | €-6k | €248k | ▲ 4,538% |
| Profit (loss) for the period to be appropriated9905 | €4k | €-11k | €1k | €-6k | €248k | ▲ 4,538% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €632k | €301k | €72k | €64k | €271k | ▲ 322% |
| Fixed assets21/28 | - | - | - | €300 | €300 | = |
| Financial fixed assets28 | - | - | - | €300 | €300 | = |
| Current assets29/58 | €632k | €301k | €72k | €64k | €271k | ▲ 324% |
| Amounts receivable within one year40/41 | €629k | €301k | €71k | €64k | €270k | ▲ 325% |
| Trade receivables40 | - | - | €16k | €7k | €226k | ▲ 3,056% |
| Other amounts receivable41 | - | - | €55k | €56k | €44k | ▼ 21.3% |
| Cash at bank and in hand54/58 | €4k | €8 | €1k | €220 | €221 | ▲ 0.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €632k | €301k | €72k | €64k | €271k | ▲ 322% |
| Equity10/15 | €35k | €23k | €25k | €19k | €267k | ▲ 1,300% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | - | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €14k | €3k | €4k | €-1k | €246k | ▲ 17,454% |
| Amounts payable17/49 | €598k | €277k | €47k | €45k | €4k | ▼ 90.6% |
| Amounts payable within one year42/48 | €598k | €277k | €47k | €45k | €4k | ▼ 90.6% |
| Trade debts44 | €52k | €32k | €35k | €12k | €4k | ▼ 65.2% |
| Suppliers440/4 | - | - | €8k | €12k | €4k | ▼ 65.2% |
| Bills of exchange payable441 | - | - | €27k | - | - | - |
| Taxes, remuneration and social security45 | - | - | €13k | €33k | - | - |
| Taxes450/3 | - | - | €0 | €273 | - | - |
| Remuneration and social security454/9 | - | - | €13k | €33k | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €-11k | €1k | €-6k | €248k | ▲ 4,538% |
| Operating cash flow (approximation) | €4k | €-11k | €1k | €-6k | €248k | ▲ 4,538% |
| Investment in fixed assets (approximation) | - | - | - | - | €0 | - |
| Change in cash | - | €-4k | €1k | €-906 | €1 | ▲ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
22-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 30-06-2026
2025
19-09
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 15-09-2025
12-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 224 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 393 days late
2023
31-12
Financial
Back to profitnet €248k
Net result €248k after one loss-making year.
31-12
Financial
Liquidity times 45current ratio 63.61
Current ratio from 1.42 to 63.61; short-term debt falls from €45k to €4k.
31-12
Financial
Equity above €200kEq €267k ▲1,300%
Equity rises from €19k to €267k.
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
12-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 104 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Sint-Jans-Molenbeek
Ground area
2,442 m²
Building footprint
406 m²
Volume, LiDAR
3,423 m³
Parcel 21522B0623/00L000, Brussels · tallest building 19.8 m, ±2 floors. Linked by address, not a title deed.
292
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0623/00L000 | Brussels | 2,442 m² | 1 · 406 m² | 19.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLES DE LA VALLEE POUSSIN AVENUE
LOUISE 349, BTE 17, 1050 IXELLES |
15-09-2025 → 30-06-2026 |
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Identification & contact
Identification
Legal formPrivate limited company
Founded26-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
68121Development of residential building projects
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
81300Landscape service activities
Scores and ratios are computed by Checked and are not a credit decision.