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FELAS

Active Private limited companyfounded 2022active for 4 yearsArcadelaan 24 A, 8301 Knokke-HeistKBO/BCE: BE 0791.677.475

Lifetime

3 annual accounts with figures on one time axis
peak €25,403 (2024)
€12,712▼ 28.6%
peak €18,293 (2024)
€7,918▼ 29.6%
peak €42,465 (2026)
€42,465▲ 22.9%
€5,665▼ 60.4%
Board1 name since 2022
1 director
Documentsfilings and deeds
02-10-202629 days before the deadline
2026micro format
Gross margin from €17,805 to €12,712Result from €11,254 to €7,918Equity from €34,547 to €42,465Debts from €14,324 to €5,665Cash from €22,721 to €9,052

Key points

from the 2026 annual accounts

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Liquidity

8.26 was 3.24 in 2025

Short-term debts fell from €14,324 to €5,665.

Position in the sector

88.2%

Higher solvency than 89% of companies in land transport. Sector median 38.4% · 162 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,326 companies had the same profile as FELAS has now. Each dot stands for 99 companies, two years later.

95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,326 companies, not a prediction for FELAS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 100 sharesdeed of 04-10-2022
Board & ownership

Recent changes

Incorporation Founding capital of €5,000, 100 shares · Founder: (comparant) · Appointment: (director) · published on 04-10-2022 · Gazette deed
First establishment Arcadelaan 24 A, Knokke-Heist
All 7 events

Comparable companies

same main activity, similar in size and age
Company
FELAS Knokke-Heist €48,130 €12,712 88.2% -
W Log 4U Roeselare €52,864 €14,957 55.1% -
DSE COMPANY Wezembeek-Oppem €48,275 €12,943 28.1% 0
TOKAT GROUP Peer €51,180 €13,951 20.2% -
SVS TRANSPORT Antwerp €42,734 €12,124 18.1% -
DAS GROUP Zaventem €46,297 €11,411 55.9% -
SHAHINYAN GROUP Antwerp €44,092 €13,603 71.2% -

These companies have the same main activity as FELAS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €42,700 and €52,900, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 30-09-2022Normal situation
Activity
Freight transport by roadNACE 49410and 5 others
Establishment unit
2.336.981.9038301 Knokke-Heist, since 30-09-2022
Financial year end
31 March
Peppol
Reachable
Company details

Annual accounts to 31-03-2026

€48,130▼ 1.5%
Filing
Filed on 02-10-2026, 29 days before the end of the filing period
Financials

Insights on FELAS

FELAS files the micro format. That format states no turnover. The gross margin fell from €25,403 in 2024 to €12,712 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FELAS

What is the company number of FELAS?
The company number of FELAS is 0791.677.475. The VAT number is the same number with BE in front: BE 0791.677.475.
Where is FELAS based?
The registered office is at Arcadelaan 24 A, 8301 Knokke-Heist.Company details
What does FELAS do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of FELAS?
FELAS is a private limited company (BV).
When was FELAS founded?
FELAS was founded on 30-09-2022.
Is FELAS still active?
Yes, FELAS is an active enterprise in the KBO register.
What is the turnover of FELAS?
The turnover in financial year 2026 is ≈ €110,000. This figure is estimated from the gross margin of €12,712 and 67 comparable companies (NACE 49410). It probably lies between €55,000 and €180,000. It is a rough estimate.Financials
Is FELAS profitable?
In financial year 2026, FELAS made a profit of €7,918.
Where can I find the annual accounts of FELAS?
FELAS filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of FELAS due?
FELAS must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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