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FALSENHOEVE

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Private limited company (pre-2019)·Algemene bouw van andere niet-residentiële gebouwen· 15 yrs active
Tombroekmolenstraat(Rol) 26 ·8510 Kortrijk, Belgium
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BE 0831.712.840
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Turnover
EBIT margin
Net result€-26k
Working capital€-12k-13.1%
Directors1
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Annual accounts & ratios

Source: NBB · 2022
Annual accounts filed on 08-05-2023 with the NBB · fiscal year 2022 · micro
€-60k€-40k€-20k€0€20kOperating result 2018: €10k€10kNet result 2018: €820€820Operating result 2019: €372€372Net result 2019: €-8k€-8kOperating result 2020: €-36k€-36kNet result 2020: €-47k€-47kOperating result 2021: €27k€27kNet result 2021: €25k€25kOperating result 2022: €-22k€-22kNet result 2022: €-26k€-26k20182019202020212022
Operating resultNet result
Sector comparison
Fiscal year 2022 · NACE 41 — Construction of buildings · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -60.3% 33.8%
better than 5% of 307 sector peers
Net result €-26k €12k
better than 5% of 307 sector peers
Equity €-35k €18k
better than 5% of 308 sector peers
Gross operating margin €-21k €23k
better than 5% of 307 sector peers
Staff costs €0 €20k
higher than 5% of 97 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-22k
-147% vs sector
Net profit
€-26k
-304% vs sector
Cash flow
€-26k
-160% vs sector
Total assets
€59k
+7.4% -48% vs sector
Equity
€-35k
-282.8% -156% vs sector
Working capital
€-12k
-13.1% -146% vs sector
Staff costs
€0
-100.0% 18–22
Income taxes
€0
-100.0% -100% vs sector
Debt
€94k
+47.3% +28% vs sector
Debt ≤ 1y
€70k
+9.0% +38% vs sector
Debt > 1y
€24k
-51% vs sector
Current ratio
0.83
-0.7% -38% vs sector
Quick ratio
0.69
+87.2% -49% vs sector
Solvency
-60.3%
-256.3% -209% vs sector
Debt / equity
-2.66
+61.5% -571% vs sector
ROE
73.9%
+246% vs sector
ROA
-44.6%
-443% vs sector
Interest coverage
-5.22
-103% vs sector
Figures by fiscal year
Fiscal year2022
Revenue
EBITDA€-22k
Net profit€-26k
Cash flow€-26k
Staff costs€0
Income taxes€0
Dividends
Total assets€59k
Equity€-35k
Debt€94k
of which ≤ 1y€70k
of which > 1y€24k
Working capital€-12k
Employees (FTE)
Ratios (computed)
2022
Current ratio0.83
Quick ratio0.69
Working capital ratio-19.7%
Solvency-60.3%
Debt / equity-2.66
Long-term debt ratio-0.69
Interest coverage-5.22
Gross margin
Net margin
ROA-44.6%
ROE73.9%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet — Assets
TOTAL ASSETS 20/58€59k
Fixed assets 21/28€615
Tangible fixed assets 22/27€615
Current assets 29/58€58k
Stocks & contracts in progress 3€10k
Amounts receivable within one year 40/41€48k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€59k
Equity 10/15€-35k
Contributions / capital 10/11€12k
Reserves 13€863
Accumulated profits (losses) 14€-49k
Amounts payable 17/49€94k
Amounts payable after one year 17€24k
Amounts payable within one year 42/48€70k
Trade debts payable within one year 44€56k
Income statement
Gross operating margin 9900€-21k
Operating result 9901€-22k
Financial income 75€22
Financial charges 65€4k
Result before taxes 9903€-26k
Income taxes 67/77€0
Net result for the period 9904€-26k
Result to be appropriated 9905€-26k
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Ratios computed by Checked.

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FY 2022 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.