FALESA CONSTRUCT
ActiveSummary
FALESA CONSTRUCT has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,148 and a net result of €35,545. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 58% of 9,327 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
- Staff
- 4 FTE
- Equity
- €53,148
- Profit
- €35,545
- FORMICA LéonardoDirector
- MANES GIANCARLO DiegoDirector
Why 69raises riskSize: turnover €579,077, total assets €105,6501 change of registered office in 24 monthsSector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 1.87, cash €40,253Show the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 59% on solvency, 86% on liquidity, 69% on profitability and 69% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 8 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Registered officeDirector in office · Registered-office…
- Back to profitnet €35,545
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result returns to profit in 2025: €36,261 after a loss of €48,530 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 0.9% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 34,693 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | - | €606,670 | €579,077 | ▼ 4.5% |
| Non-recurring operating income76A | - | - | - | - | - | €6,090 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | €538,423 | €417,876 | ▼ 22.4% |
| Remuneration, social security and pensions62 | - | - | - | - | €30,812 | €103,320 | €115,684 | ▲ 12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,002 | €3,002 | €3,768 | €7,170 | €10,968 | €11,113 | €16,253 | ▲ 46.3% |
| Other operating charges640/8 | - | - | - | €638 | €9,303 | €2,345 | €1,215 | ▼ 48.2% |
| Gross operating margin9900 | €5,101 | €8,069 | €53,319 | €20,810 | €77,954 | €68,247 | €169,413 | ▲ 148% |
| Operating profit (loss)9901 | €1,666 | €4,909 | €48,923 | €13,002 | €26,871 | -€48,530 | €36,261 | - |
| Financial income75/76B | - | - | - | - | - | €1 | €1,110 | ▲ 1,850× |
| Recurring financial income75 | - | - | - | - | - | €1 | €1,110 | ▲ 1,850× |
| Financial charges65/66B | - | - | - | €496 | €423 | €1,050 | €1,631 | ▲ 55.4% |
| Recurring financial charges65 | €183 | €241 | €175 | €496 | €423 | €1,050 | €1,631 | ▲ 55.4% |
| Profit (loss) for the period before taxes9903 | €1,483 | €4,668 | €48,748 | €12,506 | €26,448 | -€49,579 | €35,740 | - |
| Income taxes67/77 | - | - | €4,197 | €1,485 | €6,142 | €265 | €195 | ▼ 26.4% |
| Profit (loss) for the period9904 | €1,483 | €4,668 | €44,551 | €11,021 | €20,306 | -€49,844 | €35,545 | - |
| Profit (loss) for the period to be appropriated9905 | €1,483 | €4,668 | €44,551 | €11,021 | €20,306 | -€49,844 | €35,545 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €37,708 | €35,120 | €114,807 | €171,677 | €163,237 | €145,125 | €105,650 | ▼ 27.2% |
| Fixed assets21/28 | €11,393 | €8,391 | €13,301 | €20,415 | €26,824 | €58,052 | €44,183 | ▼ 23.9% |
| Tangible fixed assets22/27 | €11,368 | €8,366 | €13,276 | €20,390 | €26,181 | €57,410 | €42,460 | ▼ 26.0% |
| Plant, machinery and equipment23 | - | - | - | €783 | €1,584 | €1,179 | €1,078 | ▼ 8.5% |
| Furniture and vehicles24 | - | - | - | €19,607 | €24,596 | €56,231 | €41,382 | ▼ 26.4% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €643 | €643 | €1,723 | ▲ 168% |
| Current assets29/58 | €26,315 | €26,729 | €101,506 | €151,262 | €136,413 | €87,073 | €61,467 | ▼ 29.4% |
| Stocks and contracts in progress3 | €7,500 | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €12,482 | €8,135 | €33,637 | €2,519 | €16,586 | €36,528 | €15,664 | ▼ 57.1% |
| Trade receivables40 | - | - | - | €1,873 | €14,591 | €35,929 | €8,665 | ▼ 75.9% |
| Other amounts receivable41 | - | - | - | €646 | €1,995 | €599 | €6,999 | ▲ 12× |
| Cash at bank and in hand54/58 | €6,093 | €18,199 | €67,522 | €148,186 | €118,556 | €44,101 | €40,253 | ▼ 8.7% |
| Deferred charges and accrued income490/1 | - | - | - | €557 | €1,271 | €6,444 | €5,550 | ▼ 13.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €37,708 | €35,120 | €114,807 | €171,677 | €163,237 | €145,125 | €105,650 | ▼ 27.2% |
| Equity10/15 | €1,901 | €6,569 | €36,120 | €47,141 | €67,447 | €17,602 | €53,148 | ▲ 202% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Capital10 | - | - | - | €20,000 | €20,000 | - | - | - |
| Issued capital100 | - | - | - | €20,000 | €20,000 | - | - | - |
| Profit (loss) carried forward14 | -€18,099 | -€13,431 | €16,120 | €27,141 | €47,447 | -€2,398 | €33,148 | - |
| Amounts payable17/49 | €35,807 | €28,551 | €78,687 | €124,536 | €95,790 | €127,523 | €52,502 | ▼ 58.8% |
| Amounts payable after more than one year17 | €6,136 | €4,463 | €2,789 | €9,533 | €4,377 | €26,930 | €19,172 | ▼ 28.8% |
| Financial debts170/4 | - | - | - | €9,533 | €4,377 | €26,930 | €19,172 | ▼ 28.8% |
| Amounts payable within one year42/48 | €29,557 | €23,985 | €75,793 | €114,898 | €91,319 | €100,304 | €32,939 | ▼ 67.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,714 | €5,156 | €11,462 | €7,758 | ▼ 32.3% |
| Trade debts44 | €7,933 | €3,020 | €38,895 | €60,173 | €21,049 | €33,823 | €4,744 | ▼ 86.0% |
| Suppliers440/4 | - | - | - | €60,173 | €21,049 | €33,823 | €4,744 | ▼ 86.0% |
| Advances received on contracts in progress46 | - | - | - | - | €12,638 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €7,519 | €10,789 | €15,005 | €17,410 | ▲ 16.0% |
| Taxes450/3 | - | - | - | €7,519 | €6,142 | €6,258 | €8,350 | ▲ 33.4% |
| Remuneration and social security454/9 | - | - | - | - | €4,647 | €8,748 | €9,060 | ▲ 3.6% |
| Other amounts payable47/48 | - | - | - | €41,492 | €41,687 | €40,014 | €3,028 | ▼ 92.4% |
| Accrued charges and deferred income492/3 | - | - | - | €105 | €94 | €289 | €391 | ▲ 35.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,483 | €4,668 | €44,551 | €11,021 | €20,306 | -€49,844 | €35,545 | - |
| + Depreciation and write-downs630 | €3,002 | €3,002 | €3,768 | €7,170 | €10,968 | €11,113 | €16,253 | ▲ 46.3% |
| Operating cash flow (approximation) | €4,485 | €7,670 | €48,319 | €18,191 | €31,274 | -€38,732 | €51,798 | - |
| Investment in fixed assets (approximation) | - | €0 | -€8,678 | -€14,284 | -€17,377 | -€42,341 | -€2,383 | ▲ 94.4% |
| Change in cash | - | €12,106 | €49,323 | €80,664 | -€29,630 | -€74,455 | -€3,848 | ▲ 94.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 29-01-2026 | 2026-00017420 |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00020193 |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00016568 |
| 30-06-2022 | micro format | 27-01-2023 | 2023-00006208 |
| 30-06-2021 | micro format | 27-01-2022 | 2022-02000458 |
| 30-06-2020 | micro format | 08-01-2021 | 2021-00400510 |
| 30-06-2019 | micro format | 07-01-2020 | 2020-00300032 |
| 30-06-2018 | micro format | 11-01-2019 | 2019-00900048 |
| 30-06-2017 | micro format | 28-12-2017 | 2017-73200035 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| FORMICA Léonardo |
|
| MANES GIANCARLO Diego |
|
Owners and capital
Owners
1 ownerOwners 1
- Léonardo FORMICAnatural personSourceown accounts 30-06-2017100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- FORMICA Léonardo actionnaire · all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 12-02-2024 Converted to available equity · €20,000
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
10-09
Gazette deed
Registered officeDirector in office · Registered-office move4 facts ▸
- General meeting, 01-07-2025
- Director in office, FORMICA Léonardo (actionnaire et administrateur)
- Director in office, MANES GIANCARLO Diego (actionnaire et administrateur)
- Registered-office move, 5060 Velaine-Sur-Sambre, rue du Villez n°69
14-05
Gazette deed
Appointment: MANES GIANCARLO Diego (director)Shareholding4 facts ▸
- General meeting, 31-03-2025
- Director in office, FORMICA Léonardo (director)
- Shareholding, “actionnaire”, 31-03-2025 (deed in French)
- Director appointment, MANES GIANCARLO Diego (director)
12-02
Gazette deed
Resignation: FORMICA Léonardo (manager)Appointment: FORMICA Léonardo (director) · Registered office clause · Director discharge10 facts ▸
- Registered office clause, “6534 Gozée,rue de Bomerée numéro 12” (deed in French)
- Director resignation, FORMICA Léonardo (manager)
- Director appointment, FORMICA Léonardo (director (not named in the articles))
- Director discharge, FORMICA Léonardo
- General meeting, 19-12-2023
- Registered office clause, “6534 Gozée,rue de Bomerée numéro 12, Registre des Personnes Morale Tribunal de l’Entreprise du Hainaut–division Charleroi” (deed in French)
- Amendment of the articles, 2
- Amendment of the articles (2 times)
- Capital conversion, “fonds disponibles pour distribution” (deed in French)
- Capital
Show earlier events
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0648.647.809
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92129E0227/00Y000 | Wallonia | 475 m² | 1 · 156 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’étude et la réalisation de tous travaux de construction,publics et privés,en qualité d’entrepreneur général ou en sous-traitance,la…” (deed in French)
23 activities (deed in French)
- L’étude et la réalisation de tous travaux de construction,publics et privés,en qualité d’entrepreneur général ou en sous-traitance,la conception et la construction de tous bâtiments et édifices,l’étude et la réalisation de décorations tant intérieures qu’extérieures,l’entreprise générale de construction,y compris avec coordination des travaux par sous-traitants
- La construction,la rénovation,la restauration et les aménagements de tous bâtiments privés,professionnels,et publics
- L’entreprise de construction,de réfection et d’entretien des routes,de même que l’installation de signalisation routière et de marquage de routes
- L’entreprise de travaux d’égouttage et de terrassement
- La pose de câbles et canalisations diverses
- Le placement de clôtures et de tous ouvrages en tenant lieu
- L’aménagement de plaines de jeux,de sports,de parcs et de jardins
- L’entreprise de peintures industrielles et privées
- L’entreprise d’isolation thermique et acoustique
- Le placement de ferronneries,volets et menuiseries
- Tous travaux de maçonnerie,de plafonnage,de cimentage,de coffrage,de nettoyage de façade,de rejointoyage,et la pose de plaque de gyproc
- L’installation de cuisines équipées
- Les travaux de drainage
- Le démoussage de toitures
- La construction métallique
- L’installation de panneaux solaires et d’adoucisseurs d’eau
- L’installation de motorisations électriques du bâtiment,de systèmes d’aération et de ventilation,de systèmes de chauffage à air chaud,et de conditionnement d’air
- L’installation de tuyauteries industrielles
- Le placement,l’entretien et la réparation de systèmes de chauffage central et des éléments de ces systèmes,notamment les brûleurs
- La restauration de meubles
- La mise à disposition pour des personnes physiques ou morales d’emplacements à usage de bureaux,de matériel informatique et de téléphonie,de mobiliers de bureaux et de personnel employé
- La mise à disposition de véhicules
- La fonction d’intermédiaire commercial et/ou financier
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FALESA CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs,agences,ateliers,dépôts et succursales tant en Belgique qu’à l’étranger par simple décision de…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Nommés avec ou sans limitation durée, ARTICLE DIX” (deed in French)“Fixe ou proportionnelle, ARTICLE DOUZE” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Toutes nominatives, ARTICLE HUIT” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement actions acquises, prix mentionné notification initiale ou expert en cas contestation” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Courrier électronique, ARTICLE SEPT” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour les modifications aux statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, si aucun autre liquidateur n'aurait été désigné” (deed in French)