FALPARK
ActiveSummary
FALPARK has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138,983 and a net result of -€163,114. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 36% of 5071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-53
Solvency58▼-26
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.5 against 2.63 in 2024; short-term debt: 65% and cash: 20.8% of total assets), and 67.1% 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
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
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.9%
Return on assets
-38.7%
Age of the figures
9 mo
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
50 d early
2023
147 d early
2022
62 d early
2021
81 d early
2020
81 d early
2019
63 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 73 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed 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. Usually files around 30 May (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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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
-€163,114
2024 · €5,148
Working capital
€136,349▼ 60.3%
2024 · €343,783
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€57,125▼ 41.5%€33,037▼ 42.2%€130,291▲ 294%€31,846▼ 75.6%-€137,454
Net result€32,753within the sector's middle half▼ 58.1%€8,778within the sector's middle half▼ 73.2%€63,354within the sector's middle half▲ 622%€5,148within the sector's middle half▼ 91.9%-€163,114below the sector's middle half
Equity€359,816within the sector's middle half▲ 3.7%€368,595within the sector's middle half▲ 2.4%€406,948within the sector's middle half▲ 10.4%€412,096within the sector's middle half▲ 1.3%€138,983below the sector's middle half▼ 66.3%
Total assets€753,233within the sector's middle half▲ 8.2%€754,266within the sector's middle half▲ 0.1%€795,857within the sector's middle half▲ 5.5%€700,772within the sector's middle half▼ 11.9%€421,862below the sector's middle half▼ 39.8%
Debt€393,417▲ 12.8%€385,671▼ 2.0%€388,908▲ 0.8%€288,676▼ 25.8%€282,879▼ 2.0%
Working capital€346,126within the sector's middle half▲ 37.8%€312,405within the sector's middle half▼ 9.7%€337,881within the sector's middle half▲ 8.2%€343,783within the sector's middle half▲ 1.7%€136,349below the sector's middle half▼ 60.3%
Solvency47.8%within the sector's middle half▼ 2.1pp48.9%within the sector's middle half▲ 1.1pp51.1%within the sector's middle half▲ 2.3pp58.8%within the sector's middle half▲ 7.7pp32.9%within the sector's middle half▼ 25.9pp
Current ratio2.06within the sector's middle half▲ 0.262.32within the sector's middle half▲ 0.262.33within the sector's middle half=2.63within the sector's middle half▲ 0.301.50within the sector's middle half▼ 1.13
Return on assets (ROA)4.3%within the sector's middle half▼ 6.9pp1.2%within the sector's middle half▼ 3.2pp8.0%within the sector's middle half▲ 6.8pp0.7%within the sector's middle half▼ 7.2pp-38.7%below the sector's middle half▼ 39.4pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €137,454 after €31,846 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €421,862
Fixed assets
€11,131 ▼ 92.4%
Current assets
€410,730 ▼ 26.0%
Equity and liabilities €421,862
Equity
€138,983 ▼ 66.3%
Debt
€282,879 ▼ 2.0%
Debt's share of the balance-sheet total rises from 41.2% to 67.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€133,925▼
2024 · €95,186
Cash flow
-€159,584▼
2024 · €68,488
Quick ratio
1.11▲
2024 · 0.98
Debt to equity
2.04▲
2024 · 0.70
ROE
-117.4%▼
2024 · 1.2%
Interest coverage
-5.21▼
2024 · 3.99
Debt ≤ 1 year
€274,382▲
2024 · €211,125
Debt > 1 year
€0▼
2024 · €77,551
Income taxes
€0▼
2024 · €3,026
Staff costs
€13,311▼
2024 · €15,088
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.7%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% | 1.0% |
| 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% 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 5,834 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €4,832 | €5,000 | €0 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €15,088 | €13,311 | ▼ 11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,779 | €54,334 | €58,602 | €63,340 | €3,529 | ▼ 94.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€120 | €0 | - | - | - |
| Other operating charges640/8 | €8,057 | €4,497 | €6,708 | €7,356 | €57,964 | ▲ 688% |
| Non-recurring operating charges66A | €458 | €827 | €4,349 | €0 | - | - |
| Gross operating margin9900 | €92,419 | €92,575 | €199,950 | €117,630 | -€62,650 | ▼ 153% |
| Operating profit (loss)9901 | €57,125 | €33,037 | €130,291 | €31,846 | -€137,454 | ▼ 532% |
| Financial income75/76B | €76 | €64 | €443 | €168 | €59 | ▼ 64.6% |
| Recurring financial income75 | €76 | €64 | €443 | €168 | €59 | ▼ 64.6% |
| Financial charges65/66B | €10,774 | €20,321 | €39,338 | €23,840 | €25,719 | ▲ 7.9% |
| Recurring financial charges65 | €10,774 | €20,321 | €39,338 | €23,840 | €25,719 | ▲ 7.9% |
| Profit (loss) for the period before taxes9903 | €46,427 | €12,780 | €91,396 | €8,174 | -€163,114 | ▼ 2,096% |
| Income taxes67/77 | €13,674 | €4,002 | €28,043 | €3,026 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €32,753 | €8,778 | €63,354 | €5,148 | -€163,114 | ▼ 3,269% |
| Profit (loss) for the period to be appropriated9905 | €32,753 | €8,778 | €63,354 | €5,148 | -€163,114 | ▼ 3,269% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €753,233 | €754,266 | €795,857 | €700,772 | €421,862 | ▼ 39.8% |
| Fixed assets21/28 | €81,772 | €205,995 | €203,169 | €145,865 | €11,131 | ▼ 92.4% |
| Intangible fixed assets21 | €4,799 | €2,938 | €1,076 | €264 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €52,755 | €178,840 | €201,627 | €145,134 | €10,664 | ▼ 92.7% |
| Plant, machinery and equipment23 | €2,525 | €3,051 | €1,987 | €6,223 | €3,818 | ▼ 38.7% |
| Furniture and vehicles24 | €43,753 | €25,706 | €12,989 | €4,875 | €3,737 | ▼ 23.3% |
| Leasing and similar rights25 | €0 | €145,245 | €183,449 | €132,473 | €3,109 | ▼ 97.7% |
| Other tangible fixed assets26 | €6,477 | €4,839 | €3,201 | €1,564 | €0 | ▼ 100% |
| Financial fixed assets28 | €24,217 | €24,217 | €467 | €467 | €467 | = |
| Current assets29/58 | €671,462 | €548,271 | €592,687 | €554,907 | €410,730 | ▼ 26.0% |
| Stocks and contracts in progress3 | €271,695 | €301,445 | €410,880 | €348,805 | €105,143 | ▼ 69.9% |
| Stocks30/36 | €271,695 | €301,445 | €410,880 | €348,805 | €105,143 | ▼ 69.9% |
| Amounts receivable within one year40/41 | €390,591 | €239,118 | €175,081 | €197,270 | €214,054 | ▲ 8.5% |
| Trade receivables40 | €306,392 | €123,348 | €53,359 | €58,058 | €81,531 | ▲ 40.4% |
| Other amounts receivable41 | €84,199 | €115,770 | €121,721 | €139,212 | €132,523 | ▼ 4.8% |
| Cash at bank and in hand54/58 | €6,261 | €4,740 | €2,765 | €4,837 | €87,906 | ▲ 1,717% |
| Deferred charges and accrued income490/1 | €2,915 | €2,967 | €3,961 | €3,995 | €3,628 | ▼ 9.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €753,233 | €754,266 | €795,857 | €700,772 | €421,862 | ▼ 39.8% |
| Equity10/15 | €359,816 | €368,595 | €406,948 | €412,096 | €138,983 | ▼ 66.3% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €297,816 | €306,595 | €344,948 | €350,096 | €76,983 | ▼ 78.0% |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | €291,616 | €300,395 | €338,748 | €343,896 | €70,783 | ▼ 79.4% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €393,417 | €385,671 | €388,908 | €288,676 | €282,879 | ▼ 2.0% |
| Amounts payable after more than one year17 | €68,082 | €149,806 | €134,102 | €77,551 | €0 | ▼ 100% |
| Financial debts170/4 | €68,082 | €149,806 | €134,102 | €77,551 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €325,335 | €235,866 | €254,807 | €211,125 | €274,382 | ▲ 30.0% |
| Current portion of amounts payable after more than one year42 | €60,651 | €67,815 | €82,510 | €56,550 | €1,274 | ▼ 97.7% |
| Financial debts43 | €136,466 | €134,016 | €98,805 | €107,000 | €85,000 | ▼ 20.6% |
| Credit institutions430/8 | €127,560 | €129,000 | €82,000 | €107,000 | €85,000 | ▼ 20.6% |
| Other loans439 | €8,906 | €5,016 | €16,805 | €0 | - | - |
| Trade debts44 | €108,218 | €34,034 | €48,491 | €31,640 | €62,681 | ▲ 98.1% |
| Suppliers440/4 | €108,218 | €34,034 | €48,491 | €31,640 | €62,681 | ▲ 98.1% |
| Taxes, remuneration and social security45 | €0 | - | - | - | - | - |
| Remuneration and social security454/9 | €0 | - | - | - | - | - |
| Other amounts payable47/48 | €20,000 | €0 | €25,000 | €15,934 | €125,426 | ▲ 687% |
| Accrued charges and deferred income492/3 | - | - | - | - | €8,498 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,753 | €8,778 | €63,354 | €5,148 | -€163,114 | ▼ 3,269% |
| + Depreciation and write-downs630 | €26,779 | €54,334 | €58,602 | €63,340 | €3,529 | ▼ 94.4% |
| Operating cash flow (approximation) | €59,532 | €63,113 | €121,956 | €68,488 | -€159,584 | ▼ 333% |
| Investment in fixed assets (approximation) | - | -€178,558 | -€55,777 | -€6,035 | €131,204 | ▲ 2,274% |
| Change in cash | - | -€1,520 | -€1,975 | €2,072 | €83,068 | ▲ 3,908% |
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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€163,114
Net result drops to -€163,114, the lowest in the series.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €98,988 ▲4.4%
Net result €98,988, the highest in the series.
31-12
Financial
Equity above €200,000Eq €293,833 ▲47%
2 profitable years in a row build equity to €293,833.
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Stekene · 2 establishment units since 2002
Ground area
2.5 ha
Building footprint
1.3 ha
Volume, LiDAR
82,289 m³
3 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Nieuwstraat(STE) 125, 9190 Stekene
since 20022.115.518.629
Zavelstraat(STE) 32, 9190 Stekene
since 20202.309.260.687
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46024A1777/00C000 | Flanders | 2.0 ha | 1 · 1.1 ha | 9.4 m · 2 fl. |
| 46024A1434/00R000 | Flanders | 2,787 m² | 1 · 593 m² | 7.5 m · 2 fl. |
| 46024A1809/00E000 | Flanders | 2,107 m² | 1 · 1,169 m² | - |
Linked by address, not proof of ownership
Good to know
3 of 3 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 · 1 holdingOwners 1
-
49.68%
Holdings 1
-
20%
According to the 2022 annual accounts of FALPARK and those 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteStekene2.115.518.629
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Of 1,567 companies in sector 46900 we hold annual accounts for 920. 631 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded03-07-2002
Fiscal year end31-12
Activities, NACEBEL 2025
46900Non-specialised wholesale trade
47120Other non-specialised retail sale
49330On-demand passenger transport by chauffeured vehicle
52210Service activities incidental to land transportation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0477897719
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.