FELONET
ActiveSummary
FELONET has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €118k and a net result of €41k. Equity is growing by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 53% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability97▼-3
Solvency90▲+24
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.92 against 1.06 in 2023; short-term debt: 16% and cash: 28.9% of total assets), and 34.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
34 d early
2022
34 d early
2021
32 d early
2020
36 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€118k▲ 49.2%
2023 · €79k
2019: €24k
2020: €46k
2021: €94k
2022: €77k
2023: €79k
2019 → 2024
Total assets
€180k▼ 7.0%
2023 · €194k
2019: €34k
2020: €65k
2021: €105k
2022: €96k
2023: €194k
2019 → 2024
Net result
€41k▼ 21.8%
2023 · €52k
2019: €17k
2020: €24k
2021: €37k
2022: €35k
2023: €52k
2019 → 2024
Working capital
€56k▲ 1,127%
2023 · €5k
2019: €15k
2020: €35k
2021: €77k
2022: €62k
2023: €5k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€46k-€94k▲ 102%€77k▼ 17.8%€79k▲ 2.5%€118k▲ 49.2%
Operating result€33k-€48k▲ 47.8%€46k▼ 3.9%€67k▲ 44.8%€54k▼ 20.0%
Net result€24k-€37k▲ 52.4%€35k▼ 5.0%€52k▲ 48.8%€41k▼ 21.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 20% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €180k
Fixed assets
€96k ▼ 18.5%
Current assets
€85k ▲ 10.5%
Equity and liabilities €180k
Equity
€118k ▲ 49.2%
Debt
€62k ▼ 45.7%
Debt's share of the balance-sheet total falls from 59.3% to 34.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€76k▲
2023 · €69k
Cash flow
€62k▲
2023 · €54k
Current ratio
2.92▲
2023 · 1.06
Debt to equity
0.53▼
2023 · 1.45
ROE
34.5%▼
2023 · 65.8%
ROA
22.6%▼
2023 · 26.8%
Interest coverage
38.72▼
2023 · 111.06
Debt ≤ 1 year
€29k▼
2023 · €72k
Debt > 1 year
€31k▼
2023 · €41k
Income taxes
€11k▼
2023 · €15k
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 · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€194k€180k▼
Fixed assets21/28€117k€96k▼
Tangible fixed assets22/27€107k€86k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€101k€80k▼
Financial fixed assets28€10k€10k=
Current assets29/58€76k€85k▲
Amounts receivable within one year40/41€48k€29k▼
Trade receivables40€45k€28k▼
Other amounts receivable41€3k€1k▼
Cash at bank and in hand54/58€26k€52k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€194k€180k▼
Equity10/15€79k€118k▲
Contributions10/11€19k€19k=
Reserves13€60k€99k▲
Distributable reserves133€60k€99k▲
Amounts payable17/49€115k€62k▼
Amounts payable after more than one year17€41k€31k▼
Financial debts170/4€41k€31k▼
Amounts payable within one year42/48€72k€29k▼
Current portion of amounts payable after more than one year42€9k€10k▲
Trade debts44€413€834▲
Suppliers440/4€413€834▲
Taxes, remuneration and social security45€3k€8k▲
Taxes450/3€1k€6k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€59k€11k▼
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€22k▲
Other operating charges640/8€832€647▼
Gross operating margin9900€70k€76k▲
Operating profit (loss)9901€67k€54k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€623€2k▲
Recurring financial charges65€623€2k▲
Profit (loss) for the period before taxes9903€67k€52k▼
Income taxes67/77€15k€11k▼
Profit (loss) for the period9904€52k€41k▼
Profit (loss) for the period to be appropriated9905€52k€41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€41k▼
Transfer to equity691/2€2k€39k▲
To other reserves6921€2k€39k▲
Profit to be distributed694/7€50k€2k▼
Return on contributions (dividend)694€50k€2k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 2.92
Current ratio from 1.06 to 2.92; short-term debt falls from €72k to €29k.
31-12
Financial
Equity above €100kEq €118k ▲49.2%
6 profitable years in a row build equity to €118k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2019net €52k ▲48.8%
Operating result €67k, net result €52k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 9.86
Current ratio from 3.10 to 9.86; short-term debt falls from €17k to €9k.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hasselt · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zonhovenstraat 19A3500 HasseltGround area
455 m²
Building footprint
105 m²
Volume, LiDAR
821 m³
Parcel 71322A0011/00W006, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
felonet
since 20192.285.651.085
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322A0011/00W006 | Flanders | 455 m² | 1 · 105 m² | 9.8 m · 3 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 29,996 companies in sector 62200 we hold annual accounts for 18,393. 15,498 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
Founded21-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:000000000