FALKO
ActiveSummary
FALKO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €181k and a net result of €14k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 23.15 against 9.61 in 2024; short-term debt: 3.8% and cash: 75.3% of total assets), and 3.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
96.2%
Return on assets
7.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
28 d late
2023
29 d late
2022
29 d late
2021
6 d early
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€181k▲ 8.7%
2024 · €166k
2018: €99klowest in 8 years
2019: €117k▲ +18.5% vs 2018
2020: €130k▲ +11.3% vs 2019
2021: €152k▲ +16.7% vs 2020
2022: €145k▼ -4.4% vs 2021
2023: €160k▲ +10.1% vs 2022
2024: €166k▲ +3.8% vs 2023
2025: €181k▲ +8.7% vs 2024highest in 8 years
2018 → 2025
Total assets
€188k▲ 3.2%
2024 · €182k
2018: €113klowest in 8 years
2019: €133k▲ +17.3% vs 2018
2020: €143k▲ +8.1% vs 2019
2021: €164k▲ +14.5% vs 2020
2022: €154k▼ -5.9% vs 2021
2023: €171k▲ +10.7% vs 2022
2024: €182k▲ +6.5% vs 2023
2025: €188k▲ +3.2% vs 2024highest in 8 years
2018 → 2025
Net result
€14k▲ 135%
2024 · €6k
2018: €35k
2019: €41k▲ +15.2% vs 2018
2020: €42k▲ +3.1% vs 2019
2021: €50k▲ +20.4% vs 2020highest in 8 years
2022: €8k▼ -84.8% vs 2021
2023: €15k▲ +91.8% vs 2022
2024: €6k▼ -58.2% vs 2023lowest in 8 years
2025: €14k▲ +135% vs 2024
2018 → 2025
Working capital
€158k▲ 16.7%
2024 · €135k
2018: €76klowest in 8 years
2019: €89k▲ +16.6% vs 2018
2020: €113k▲ +27.1% vs 2019
2021: €138k▲ +21.9% vs 2020
2022: €136k▼ -1.0% vs 2021
2023: €156k▲ +14.6% vs 2022
2024: €135k▼ -13.4% vs 2023
2025: €158k▲ +16.7% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€152k-€145k▼ 4.4%€160k▲ 10.1%€166k▲ 3.8%€181k▲ 8.7%
2021: €152k
2022: €145k▼ -4.4% vs 2021lowest in 5 years
2023: €160k▲ +10.1% vs 2022
2024: €166k▲ +3.8% vs 2023
2025: €181k▲ +8.7% vs 2024highest in 5 years
Operating result€69k-€12k▼ 82.2%€13k▲ 7.4%€10k▼ 26.9%€20k▲ 111%
2021: €69khighest in 5 years
2022: €12k▼ -82.2% vs 2021
2023: €13k▲ +7.4% vs 2022
2024: €10k▼ -26.9% vs 2023lowest in 5 years
2025: €20k▲ +111% vs 2024
Net result€50k-€8k▼ 84.8%€15k▲ 91.8%€6k▼ 58.2%€14k▲ 135%
2021: €50khighest in 5 years
2022: €8k▼ -84.8% vs 2021
2023: €15k▲ +91.8% vs 2022
2024: €6k▼ -58.2% vs 2023lowest in 5 years
2025: €14k▲ +135% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 111% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €188k
Fixed assets
€23k ▼ 26.4%
Current assets
€165k ▲ 9.3%
Equity and liabilities €188k
Equity
€181k ▲ 8.7%
Debt
€7k ▼ 54.6%
Debt's share of the balance-sheet total falls from 8.6% to 3.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▲
2024 · €16k
Cash flow
€23k▲
2024 · €13k
Current ratio
23.15▲
2024 · 9.61
Debt to equity
0.04▼
2024 · 0.09
ROE
8.0%▲
2024 · 3.7%
ROA
7.7%▲
2024 · 3.4%
Interest coverage
395.38▲
2024 · 210.51
Debt ≤ 1 year
€7k▼
2024 · €16k
Income taxes
€6k▲
2024 · €3k
Staff costs
€57k▼
2024 · €91k
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 · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€182k€188k▲
Fixed assets21/28€31k€23k▼
Tangible fixed assets22/27€31k€23k▼
Land and buildings22€628€185▼
Furniture and vehicles24€30k€23k▼
Current assets29/58€151k€165k▲
Amounts receivable within one year40/41€30k€23k▼
Trade receivables40€15k€10k▼
Other amounts receivable41€16k€14k▼
Cash at bank and in hand54/58€120k€141k▲
Deferred charges and accrued income490/1-€100
Equity and liabilities
Total equity and liabilities10/49€182k€188k▲
Equity10/15€166k€181k▲
Contributions10/11€12k€12k=
Reserves13€75k€90k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€73k€88k▲
Profit (loss) carried forward14€79k€79k=
Amounts payable17/49€16k€7k▼
Amounts payable within one year42/48€16k€7k▼
Trade debts44€8k€3k▼
Suppliers440/4€8k€3k▼
Other amounts payable47/48€8k€4k▼
Income statement
Code20242025
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€91k€57k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€2k€479▼
Gross operating margin9900€109k€86k▼
Operating profit (loss)9901€10k€20k▲
Financial income75/76B€0€14▲
Recurring financial income75€0€14▲
Financial charges65/66B€78€72▼
Recurring financial charges65€78€72▼
Profit (loss) for the period before taxes9903€10k€20k▲
Income taxes67/77€3k€6k▲
Profit (loss) for the period9904€6k€14k▲
Profit (loss) for the period to be appropriated9905€6k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€85k€93k▲
Profit (loss) brought forward from the previous period14P€79k€79k▼
Transfer to equity691/2€7k€14k▲
To the legal reserve6920€7k-
To other reserves6921-€14k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €4k | - |
| Remuneration, social security and pensions62 | - | €73k | €45k | €91k | €57k | ▼ 37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €5k | €1k | €7k | €8k | ▲ 21.9% |
| Other operating charges640/8 | €3k | €3k | €2k | €2k | €479 | ▼ 77.9% |
| Non-recurring operating charges66A | - | - | €4k | - | - | - |
| Gross operating margin9900 | €82k | €94k | €65k | €109k | €86k | ▼ 21.2% |
| Operating profit (loss)9901 | €69k | €12k | €13k | €10k | €20k | ▲ 111% |
| Financial income75/76B | €153 | €53 | €8k | €0 | €14 | ▲ 12,791% |
| Recurring financial income75 | €153 | €53 | €131 | €0 | €14 | ▲ 12,791% |
| Non-recurring financial income76B | - | - | €8k | - | - | - |
| Financial charges65/66B | €119 | €109 | €290 | €78 | €72 | ▼ 7.2% |
| Recurring financial charges65 | €119 | €109 | €290 | €78 | €72 | ▼ 7.2% |
| Profit (loss) for the period before taxes9903 | €69k | €12k | €21k | €10k | €20k | ▲ 112% |
| Income taxes67/77 | €18k | €5k | €7k | €3k | €6k | ▲ 70.1% |
| Profit (loss) for the period9904 | €50k | €8k | €15k | €6k | €14k | ▲ 135% |
| Profit (loss) for the period to be appropriated9905 | €50k | €8k | €15k | €6k | €14k | ▲ 135% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €164k | €154k | €171k | €182k | €188k | ▲ 3.2% |
| Fixed assets21/28 | €15k | €9k | €4k | €31k | €23k | ▼ 26.4% |
| Tangible fixed assets22/27 | €15k | €9k | €4k | €31k | €23k | ▼ 26.4% |
| Land and buildings22 | €2k | €2k | €1k | €628 | €185 | ▼ 70.6% |
| Furniture and vehicles24 | €13k | €8k | €3k | €30k | €23k | ▼ 25.5% |
| Current assets29/58 | €149k | €145k | €167k | €151k | €165k | ▲ 9.3% |
| Amounts receivable within one year40/41 | €3k | €6k | €7k | €30k | €23k | ▼ 23.0% |
| Trade receivables40 | €310 | €321 | - | €15k | €10k | ▼ 34.9% |
| Other amounts receivable41 | €3k | €6k | €7k | €16k | €14k | ▼ 11.8% |
| Cash at bank and in hand54/58 | €135k | €131k | €152k | €120k | €141k | ▲ 17.4% |
| Deferred charges and accrued income490/1 | €11k | €7k | €8k | - | €100 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €164k | €154k | €171k | €182k | €188k | ▲ 3.2% |
| Equity10/15 | €152k | €145k | €160k | €166k | €181k | ▲ 8.7% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €54k | €54k | €69k | €75k | €90k | ▲ 19.1% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €52k | €52k | €67k | €73k | €88k | ▲ 19.6% |
| Profit (loss) carried forward14 | €86k | €79k | €79k | €79k | €79k | = |
| Amounts payable17/49 | €12k | €9k | €11k | €16k | €7k | ▼ 54.6% |
| Amounts payable within one year42/48 | €12k | €9k | €11k | €16k | €7k | ▼ 54.6% |
| Trade debts44 | €5k | €5k | €5k | €8k | €3k | ▼ 64.7% |
| Suppliers440/4 | €5k | €5k | €5k | €8k | €3k | ▼ 64.7% |
| Taxes, remuneration and social security45 | €4k | €980 | - | - | - | - |
| Taxes450/3 | €4k | €980 | - | - | - | - |
| Other amounts payable47/48 | €3k | €3k | €5k | €8k | €4k | ▼ 43.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50k | €8k | €15k | €6k | €14k | ▲ 135% |
| + Depreciation and write-downs630 | €11k | €5k | €1k | €7k | €8k | ▲ 21.9% |
| Operating cash flow (approximation) | €61k | €13k | €16k | €13k | €23k | ▲ 76.0% |
| Investment in fixed assets (approximation) | - | €0 | €4k | €-34k | €0 | ▲ 100% |
| Change in cash | - | €-4k | €21k | €-32k | €21k | ▲ 166% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 23.15
Current ratio from 9.61 to 23.15; short-term debt falls from €16k to €7k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €6k ▼58.2%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Equity above €150kEq €160k ▲10.1%
6 profitable years in a row build equity to €160k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €50k ▲20.4%
Operating result €69k, net result €50k, both a record.
31-12
Financial
Equity above €150kEq €152k ▲16.7%
4 profitable years in a row build equity to €152k.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Equity above €100kEq €117k ▲18.5%
2 profitable years in a row build equity to €117k.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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 2006
Ground area
183 m²
Building footprint
64 m²
Volume, LiDAR
375 m³
Parcel 71326F0186/00R000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Falko
since 20062.156.230.717
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71326F0186/00R000 | Flanders | 183 m² | 1 · 64 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
VCM INTERNATIONAL
BE 0846.320.149
Faimes · Eq €182k
ORION
BE 0472.295.077
Nijlen · Eq €177k
V.C.M.D.
BE 0807.496.987
La Louvière · Eq €185k
PATRICK UVIJN
BE 0808.396.614
Gent · Eq €175k
MORALEC INTERNATIONAL
BE 0818.153.824
Lubbeek · Eq €187k
Of 1,136 companies in sector 46130 we hold annual accounts for 646. 510 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded03-08-2006
Fiscal year end31-12
Activities, NACEBEL 2025
46130Agents in the wholesale of timber and building materials
46831Wholesale of construction materials, general range
46150Agents in the wholesale of furniture, household goods and hardware
Scores and ratios are computed by Checked and are not a credit decision.