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Falelo

Active Private limited companyfounded 1997active for 29 yearsRodestraat 22, 1570 PajottegemKBO/BCE: BE 0459.725.263 #5 oldest company in Pajottegem, Telecoms and IT sector

Lifetime

20 annual accounts with figures on one time axis, 29 filings since 1997
peak €268,332 (2014)
€46,287▼ 15.5%
lowest -€120,184 (2025)
-€120,184▼ €9,362
peak €100,745 (2009)
-€212,510▼ €120,184
€1.1m▼ 1.5%
peak 1.1 FTE (2014)
-not published
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
13-08-202613 days late
2025micro format
Gross margin from €54,789 to €46,287Loss of €120,184Equity from -€92,326 to -€212,510Cash from €755 to €2,586

Key points

from the 2025 annual accounts

Equity

-€212,510
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€240,267 in three years
-9,2612023-110,8222024-120,1842025

Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.

Debts

€1.1m 125% of the balance sheet
Financial debts 37%Suppliers 5%Taxes and wages 0%Other 57%

Of this, €666,755 falls due within a year.

Investments

€7,909 0.1 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Filings

29 annual accounts since 1997
AprilJune31 JulyOctober200020102020

Nine of the last ten came late. The 2020 accounts came latest: 86 days after the end of the period.

Position in the sector

-€120,184

Lower net result than 95% of companies in computer programming and consultancy. Sector median €28,031 · 22,044 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 678 companies had the same profile as Falelo has now. Each dot stands for 2 companies, two years later.

84.5%
were still trading
6.2%
stopped another way
6.8%
went bankrupt
  • Small
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 2.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 678 companies, not a prediction for Falelo. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0459725263
Company renamed from BUSINESS EN NETWORKED APPLICATIONS ARCHITECTS to Falelo Changes of role: (director) and (director) · General meeting of 21-12-2013 · Gazette deed
First establishment BNA2 BVBA, Rodestraat 20, Pajottegem
Incorporation published on 15-01-1997 · Gazette deed
All 40 events

Comparable companies

same main activity, similar in size and age
Company
Falelo Pajottegem €0.8m €46,287 -25.1% -
Minjauw IT Halle €0.8m €65,524 95.1% -
XPERICON Aarschot €0.7m €63,150 94.7% -
DUNLIN Ostend €0.7m €32,435 -10.7% -
MEERKAT DESIGN Laarne €0.8m €53,015 92.7% -
Linux Belgium Machelen (Brab.) €1.0m €72,173 69.2% 2.8
CO3 Pajottegem €0.5m €37,955 23.5% -

These companies have the same main activity as Falelo: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €513,000 and €1m, founded between 1991 and 2004.

Official details

Source: KBO
Status
Active since 07-01-1997Normal situation
Activity
Other information technology and computer servicesNACE 62900
Establishment unit
2.079.950.0161570 Pajottegem, since 15-01-1997
Financial year end
31 December
Peppol
Reachable since 19-11-2025
Company details

Annual accounts 2025

≈ €150,000estimated
€845,019▼ 13.9%
Filing
Filed on 13-08-2026
Financials

Insights on Falelo

Falelo files the micro format. That format states no turnover. The gross margin fell from €86,520 in 2006 to €46,287 in 2025.

The balance sheet grew most from 2010 to 2012 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Falelo

What is the company number of Falelo?
The company number of Falelo is 0459.725.263. The VAT number is the same number with BE in front: BE 0459.725.263.
Where is Falelo based?
The registered office is at Rodestraat 22, 1570 Pajottegem.Company details
What does Falelo do?
According to the KBO register, the main activity is other information technology and computer services (NACE 62900).
What is the legal form of Falelo?
Falelo is a private limited company (BV).
When was Falelo founded?
Falelo was founded on 07-01-1997.
Is Falelo still active?
Yes, Falelo is an active enterprise in the KBO register.
What is the turnover of Falelo?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €46,287 and 84 comparable companies (NACE 62). It probably lies between €120,000 and €200,000.Financials
Is Falelo profitable?
In financial year 2025, Falelo made a loss of €120,184.
Where can I find the annual accounts of Falelo?
Falelo filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Falelo due?
Falelo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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