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FALEMO

Active
Public limited companyfounded 197848 yrs activePlace Jean Jaurès 33, 4040 Herstal, BelgiumKBO/BCE: BE 0418.756.423
Summary

FALEMO has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €145,260 and a net result of -€6,126. Equity remains stable across the filed fiscal years (±2% per year). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability20▼-51
Solvency92▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 1.88 against 2.0 in 2024; short-term debt: 32.8% and cash: 0% of total assets), and 33.3% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 48 years 0 50 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-03-2026, 137 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
137 d early
2024
67 d late
2023
5 d early
2022
6 d early
2021
78 d late
2020
89 d late
2019
137 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 32 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 21 September 1978, FALEMO was incorporated.1 Total assets went from EUR 517,131 in 2018 to EUR 217,694 in 2025 and headcount from 3.8 full-time equivalents in 2018 to 2.4 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2020 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€6,126
2024 · €4,403
Working capital
€62,729▼ 11.6%
2024 · €70,943
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€13,987-€24,833▼ 77.5%-€15,677▲ 36.9%€5,049-€5,769
Net result-€11,849-€23,117▼ 95.1%-€14,906▲ 35.5%€4,403-€6,126
Equity€185,006▼ 6.0%€161,889▼ 12.5%€146,983▼ 9.2%€151,386▲ 3.0%€145,260▼ 4.0%
Total assets€344,873▼ 45.3%€226,823▼ 34.2%€214,386▼ 5.5%€231,500▲ 8.0%€217,694▼ 6.0%
Debt€159,867▼ 63.1%€64,934▼ 59.4%€67,403▲ 3.8%€80,114▲ 18.9%€72,435▼ 9.6%
Working capital€84,739▼ 8.5%€66,076▼ 22.0%€52,729▼ 20.2%€70,943▲ 34.5%€62,729▼ 11.6%
Staff (FTE)
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0€10,000Operating result 2021: -€13,987-€13,987Net result 2021: -€11,849-€11,849Operating result 2022: -€24,833-€24,833Net result 2022: -€23,117-€23,117Operating result 2023: -€15,677-€15,677Net result 2023: -€14,906-€14,906Operating result 2024: €5,049€5,049Net result 2024: €4,403€4,403Operating result 2025: -€5,769-€5,769Net result 2025: -€6,126-€6,12620212022202320242025-€20,000-€10,000€0€10,000Operating result 2023: -€15,677-€15,700Net result 2023: -€14,906-€14,900Operating result 2024: €5,049€5,050Net result 2024: €4,403€4,400Operating result 2025: -€5,769-€5,770Net result 2025: -€6,126-€6,130202320242025
The operating result turns negative in 2025: a loss of €5,769 after €5,049 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €217,694
Fixed assets €83,615 ▼ 6.7%
Current assets €134,079 ▼ 5.5%
Equity and liabilities €217,694
Equity €145,260 ▼ 4.0%
Debt €72,435 ▼ 9.6%
Debt's share of the balance-sheet total falls from 34.6% to 33.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€190▼
2024 · €11,007
Cash flow
-€168▼
2024 · €10,362
Current ratio
1.88▼
2024 · 2.00
Debt to equity
0.50▼
2024 · 0.53
ROE
-4.2%▼
2024 · 2.9%
ROA
-2.8%▼
2024 · 1.9%
Interest coverage
0.53▼
2024 · 6.62
Debt ≤ 1 year
€71,350▲
2024 · €70,984
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€231,500€217,694▼
Fixed assets21/28€89,574€83,615▼
Tangible fixed assets22/27€89,512€83,553▼
Land and buildings22€89,512€83,553▼
Financial fixed assets28€62€62=
Current assets29/58€141,926€134,079▼
Amounts receivable after more than one year29€122,691€134,066▲
Other amounts receivable291€122,691€134,066▲
Amounts receivable within one year40/41€16,634-
Other amounts receivable41€16,634-
Cash at bank and in hand54/58€2,310€13▼
Deferred charges and accrued income490/1€292-
Equity and liabilities
Total equity and liabilities10/49€231,500€217,694▼
Equity10/15€151,386€145,260▼
Contributions10/11€82,202€82,202=
Capital10€82,202€82,202=
Issued capital100€82,202€82,202=
Reserves13€18,220€18,220=
Non-distributable reserves130/1€18,220€18,220=
Legal reserve130€18,220€18,220=
Profit (loss) carried forward14€50,964€44,838▼
Amounts payable17/49€80,114€72,435▼
Amounts payable within one year42/48€70,984€71,350▲
Trade debts44€32,155€50,272▲
Suppliers440/4€32,155€50,272▲
Other amounts payable47/48€38,829€21,078▼
Accrued charges and deferred income492/3€9,130€1,084▼
Income statement Code20242025
Remuneration, social security and pensions62-€1,727-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,959€5,959=
Other operating charges640/8€6,202€6,111▼
Non-recurring operating charges66A-€16,634
Gross operating margin9900€15,482€22,935▲
Operating profit (loss)9901€5,049-€5,769▼
Financial income75/76B€1,018-
Recurring financial income75€1,018-
Financial charges65/66B€1,664€358▼
Recurring financial charges65€1,664€358▼
Profit (loss) for the period before taxes9903€4,403-€6,126▼
Profit (loss) for the period9904€4,403-€6,126▼
Profit (loss) for the period to be appropriated9905€4,403-€6,126▼
Appropriation of the result
Profit (loss) to be appropriated9906€50,964€44,838▼
Profit (loss) brought forward from the previous period14P€46,561€50,964▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€3,288----
Remuneration, social security and pensions62----€1,727--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,959€5,959€5,959€5,959€5,959=
Other operating charges640/8€5,235€5,331€6,358€6,202€6,111▼ 1.5%
Non-recurring operating charges66A--€3,215-€16,634-
Gross operating margin9900-€2,793-€13,544-€145€15,482€22,935▲ 48.1%
Operating profit (loss)9901-€13,987-€24,833-€15,677€5,049-€5,769▼ 214%
Financial income75/76B€2,191€2,084€824€1,018--
Recurring financial income75€2,191€2,084€824€1,018--
Financial charges65/66B€53€368€53€1,664€358▼ 78.5%
Recurring financial charges65€53€368€53€1,664€358▼ 78.5%
Profit (loss) for the period before taxes9903-€11,849-€23,117-€14,906€4,403-€6,126▼ 239%
Profit (loss) for the period9904-€11,849-€23,117-€14,906€4,403-€6,126▼ 239%
Profit (loss) for the period to be appropriated9905-€11,849-€23,117-€14,906€4,403-€6,126▼ 239%
Line20212022202320242025Change
Assets
Total assets20/58€344,873€226,823€214,386€231,500€217,694▼ 6.0%
Fixed assets21/28€107,449€101,491€95,532€89,574€83,615▼ 6.7%
Tangible fixed assets22/27€107,387€101,429€95,470€89,512€83,553▼ 6.7%
Land and buildings22€107,387€101,429€95,470€89,512€83,553▼ 6.7%
Financial fixed assets28€62€62€62€62€62=
Current assets29/58€237,424€125,332€118,853€141,926€134,079▼ 5.5%
Amounts receivable after more than one year29€52,203€103,750€100,266€122,691€134,066▲ 9.3%
Other amounts receivable291€52,203€103,750€100,266€122,691€134,066▲ 9.3%
Amounts receivable within one year40/41€141,429€20,137€15,629€16,634--
Trade receivables40€122,642€333----
Other amounts receivable41€18,787€19,804€15,629€16,634--
Current investments50/53€35,988-----
Cash at bank and in hand54/58€6,338€52€795€2,310€13▼ 99.4%
Deferred charges and accrued income490/1€1,466€1,393€2,164€292--
Equity and liabilities
Total equity and liabilities10/49€344,873€226,823€214,386€231,500€217,694▼ 6.0%
Equity10/15€185,006€161,889€146,983€151,386€145,260▼ 4.0%
Contributions10/11€82,202€82,202€82,202€82,202€82,202=
Capital10€82,202€82,202€82,202€82,202€82,202=
Issued capital100€82,202€82,202€82,202€82,202€82,202=
Reserves13€18,220€18,220€18,220€18,220€18,220=
Non-distributable reserves130/1€18,220€18,220€18,220€18,220€18,220=
Legal reserve130€18,220€18,220€18,220€18,220€18,220=
Profit (loss) carried forward14€84,584€61,467€46,561€50,964€44,838▼ 12.0%
Amounts payable17/49€159,867€64,934€67,403€80,114€72,435▼ 9.6%
Amounts payable within one year42/48€152,685€59,257€66,124€70,984€71,350▲ 0.5%
Trade debts44€33,645€31,723€35,096€32,155€50,272▲ 56.3%
Suppliers440/4€33,645€31,723€35,096€32,155€50,272▲ 56.3%
Taxes, remuneration and social security45€37,298-----
Taxes450/3€37,298-----
Other amounts payable47/48€81,742€27,534€31,028€38,829€21,078▼ 45.7%
Accrued charges and deferred income492/3€7,183€5,677€1,279€9,130€1,084▼ 88.1%
Line20212022202320242025Change
Profit (loss) for the period9904-€11,849-€23,117-€14,906€4,403-€6,126▼ 239%
+ Depreciation and write-downs630€5,959€5,959€5,959€5,959€5,959=
Operating cash flow (approximation)-€5,891-€17,159-€8,948€10,362-€168▼ 102%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€6,286€743€1,515-€2,297▼ 252%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-03
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
06-10
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 67 days late
2024
31-12
Financial Back to profitnet €4,403
Net result €4,403 after 3 loss-making years.
31-12
Financial Equity above €150,000Eq €151,386 ▲3%
Equity rises from €146,983 to €151,386.
26-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
25-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Weakest financial yearnet -€23,117
Net result drops to -€23,117, the lowest in the series; recovery starts the following year.
17-10
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 78 days late
2021
28-10
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 89 days late
2020
31-12
Financial Highest result since 2018net €427,060 ▲1,427%
Operating result €461,352, net result €427,060, both a record.
31-12
Financial Equity above €150,000Eq €196,855 ▲97.3%
3 profitable years in a row build equity to €196,855.
15-12
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 137 days late
Show earlier events
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
30-10
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 91 days late
16-04
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 259 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Herstal · 2 establishment units
seat establishment All 2 establishment units on the map
Ground area
573 m²
Building footprint
186 m²
Volume, LiDAR
1,378 m³
2 parcels, Wallonia · tallest building 17.9 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
2 establishment units
Establishment
Air transport
since 18002.108.648.554
Place Jean Jaurès 33, 4040 Herstal
NACE 67201
since 19782.108.648.455
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62037B0705/00E000 Wallonia 369 m² 1 · 77 m² 10.6 m · 3 fl.
62051C0985/00T000 Wallonia 204 m² 1 · 109 m² 17.9 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. IMPACT MANAGEMENT 99%
  2. FALEMO

Highest known parent: IMPACT MANAGEMENT. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded21-09-1978
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.