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FALINERGY

Active
Private limited company (pre-2019)founded 20188 years activeRue des Croquets 8, 7170 Manage, BelgiumKBO/BCE: BE 0700.313.670
Summary

The computed 12-month bankruptcy probability of FALINERGY is 4.6% (elevated). The 2024 annual accounts show equity of €55,298 and a net result of -€17,957. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 48% of 36,396 sector peers (NACE 43, fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Bricklaying and masonry work
NACE 43910Construction of roads and motorways NACE 42110
1 site
Size
€122,796total assets 2024
Staff
3.8 FTE
Equity
€55,298
Loss
-€17,957
Turnover not published (abridged schema)
Financial health
37 Weak Checked score 2024
Bankruptcy probability, 12 months
4.6%
Structure
Accounts 68 days overdue1 of 2 deeds read
Why 37- Figures for FY 2024 (filed 18-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 48 days late; 2 of the last 3 late- Founded in 2018- Loss of €17,957 (FY 2024)Show the evidence

Checked score

Score 2024
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 30% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Average
Solvency 70+13
equity 45.0% of total assets
Liquidity 41+5
short-term debt 54.4% · cash 14.7%
Profitability 50-23
return on assets -14.6%
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,518 companies)
Last 24 months 11-2024: 1.2% 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025lowest value 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.2%● unchanged vs 06-2025 08-2025: 1.8%▲ +0.6 percentage points vs 07-2025 09-2025: 2.0%▲ +0.2 percentage points vs 08-2025 10-2025: 2.3%▲ +0.3 percentage points vs 09-2025 11-2025: 2.3%● unchanged vs 10-2025 12-2025: 2.3%● unchanged vs 11-2025 01-2026: 2.3%● unchanged vs 12-2025 02-2026: 2.3%● unchanged vs 01-2026 03-2026: 2.1%▼ -0.2 percentage points vs 02-2026 04-2026: 2.2%▲ +0.1 percentage points vs 03-2026 05-2026: 2.0%▼ -0.2 percentage points vs 04-2026 06-2026: 2.0%● unchanged vs 05-2026 07-2026: 2.0%● unchanged vs 06-2026 08-2026: 2.8%▲ +0.8 percentage points vs 07-2026 09-2026: 2.8%● unchanged vs 08-2026 10-2026: 4.6%▲ +1.8 percentage points vs 09-2026highest value
Credit up to €2,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.04 against 1.12 in 2023; short-term debt: 54.4% and cash: 14.7% of total assets), and 55% of the assets are financed with debt.
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 43, micro): better than 48% on solvency, 30% on liquidity, 24% on profitability and 16% on growth.

The bankruptcy probability was computed on 07-10-2026 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

Five signals.
+raises risk○neutral
raises risk · Figures for FY 2024 (filed 18-09-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 48 days late; 2 of the last 3 late
NBB · filings
raises risk · Founded in 2018
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Loss of €17,957 (FY 2024)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
48 days late
2023
30 days late
2022
31 days late
2021
18 days early
2020
8 days early
2019
63 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 24 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Resignation: Lionel Manno (manager)State Gazette act
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€17,957

Key points

  • Caution: Among the weakest 9% on net resultsector median €9,287 · 36,363 companies -€17,957 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • A director leftlatest change 11-08-2026 · 0 in office 1 left View

By topic

Financials

Fiscal year
2024
Total assets
€122,796
Loss
-€17,957
Solvency
45.0%
Total assets▼ 46.0%
Net result
20192024
Go to Financials

Timeline

Events
9
Since
2020
  1. 30-08-2024Annual accounts filed
  2. 31-08-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Bricklaying and masonry workNACE 43910
Founded
23-07-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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