FelcCon
ActiveFelcCon has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €470k and a net result of €27k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 60% of 7415 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+1
Solvency78▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.55 against 0.43 in 2024; short-term debt: 6.6% and cash: 2.1% of total assets), and 46.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
53.2%
Return on assets
3%
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
30 d early
2023
20 d early
2022
45 d early
2021
40 d early
2020
17 d early
2019
36 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€470k▲ 6.0%
2024 · €444k
2018: €347k
2019: €377k
2020: €360k
2021: €373k
2022: €435k
2023: €470k
2024: €444k
2018 → 2025
Total assets
€885k▼ 3.1%
2024 · €913k
2018: €649k
2019: €764k
2020: €966k
2021: €939k
2022: €960k
2023: €982k
2024: €913k
2018 → 2025
Net result
€27k▲ 12.2%
2024 · €24k
2018: €81k
2019: €18k
2020: €12k
2021: €50k
2022: €62k
2023: €35k
2024: €24k
2018 → 2025
Working capital
€-26k▲ 31.2%
2024 · €-38k
2018: €128k
2019: €18k
2020: €-14k
2021: €-21k
2022: €21k
2023: €5k
2024: €-38k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€373k-€435k▲ 16.7%€470k▲ 8.0%€444k▼ 5.6%€470k▲ 6.0%
Operating result€80k-€96k▲ 19.7%€60k▼ 38.0%€43k▼ 27.6%€45k▲ 4.6%
Net result€50k-€62k▲ 23.8%€35k▼ 43.9%€24k▼ 31.9%€27k▲ 12.2%
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 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €885k
Fixed assets
€852k▼ 3.7%
Current assets
€32k▲ 14.8%
Equity and liabilities €885k
Equity
€470k▲ 6.0%
Debt
€414k▼ 11.8%
The debt ratio falls from 51.4% to 46.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€80k▲
2024 · €77k
Cash flow
€61k▲
2024 · €58k
Solvency
53.2%▲
2024 · 48.6%
Current ratio
0.55▲
2024 · 0.43
Quick ratio
0.55▲
2024 · 0.43
Debt / equity
0.88▼
2024 · 1.06
ROE
5.7%▲
2024 · 5.4%
ROA
3.0%▲
2024 · 2.6%
Interest coverage
9.62▲
2024 · 8.31
Debt
€414k▼
2024 · €470k
Debt ≤ 1 year
€58k▼
2024 · €66k
Debt > 1 year
€352k▼
2024 · €401k
Income taxes
€10k▲
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€913k€885k▼
Fixed assets21/28€885k€852k▼
Tangible fixed assets22/27€885k€852k▼
Land and buildings22€843k€822k▼
Plant, machinery and equipment23€2k€0▼
Furniture and vehicles24€39k€27k▼
Other tangible fixed assets26€2k€3k▲
Current assets29/58€28k€32k▲
Amounts receivable within one year40/41€5k€12k▲
Trade receivables40€3k€5k▲
Other amounts receivable41€2k€7k▲
Cash at bank and in hand54/58€21k€19k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€913k€885k▼
Equity10/15€444k€470k▲
Contributions10/11€145k€145k=
Reserves13€298k€325k▲
Distributable reserves133€298k€325k▲
Profit (loss) carried forward14€694€791▲
Amounts payable17/49€470k€414k▼
Amounts payable after more than one year17€401k€352k▼
Financial debts170/4€401k€352k▼
Amounts payable within one year42/48€66k€58k▼
Current portion of amounts payable after more than one year42€48k€49k▲
Trade debts44€506€562▲
Suppliers440/4€506€562▲
Taxes, remuneration and social security45€7k€5k▼
Taxes450/3€7k€5k▼
Other amounts payable47/48€10k€3k▼
Accrued charges and deferred income492/3€3k€4k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€34k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€82k€84k▲
Operating profit (loss)9901€43k€45k▲
Financial income75/76B€28€133▲
Recurring financial income75€28€133▲
Financial charges65/66B€9k€8k▼
Recurring financial charges65€9k€8k▼
Profit (loss) for the period before taxes9903€34k€37k▲
Income taxes67/77€10k€10k▲
Profit (loss) for the period9904€24k€27k▲
Profit (loss) for the period to be appropriated9905€24k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€27k▲
Profit (loss) brought forward from the previous period14P€690€694▲
Transfer from equity791/2€65k€0▼
Transfer to equity691/2€38k€27k▼
To contributions691€0-
To other reserves6921€38k€27k▼
Profit to be distributed694/7€50k€0▼
Return on contributions (dividend)694€50k€0▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 1.40
Current ratio from 0.61 to 1.40; short-term debt falls from €55k to €54k.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €12k ▼30.9%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
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.
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, Antwerpen · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Lucaslaan 82180 AntwerpenGround area
263 m²
Building footprint
113 m²
Volume, LiDAR
678 m³
Parcel 11363E0146/00Z000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FelcCon
since 20032.134.870.228
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11363E0146/00Z000 | Flanders | 263 m² | 1 · 113 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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T&K BUILDING
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BRAEMS TILLO - ALGEMENE BOUWWERKEN
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 9,467 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-11-2003
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45212
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.