FELDA
ActiveSummary
The computed 12-month bankruptcy probability of FELDA is 1.6% (moderate). The 2025 annual accounts show equity of €10k and a net result of €8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 27965 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency61▲+30
Growth85▲+30
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.62 against 0.19 in 2024; short-term debt: 64% and cash: 16.3% of total assets), and 64% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
36%
Return on assets
29.3%
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
28 d late
2023
29 d late
2022
18 d late
2021
2 d early
2020
1 d early
2019
118 d late
← 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
Turnover
€72k▲ 88.0%
2020 · €38k
EBIT margin
10.0%▲ 25.3pp
2020 · -15.2%
Net result
€8k
2024 · €-20k
Working capital
€-7k▲ 71.0%
2024 · €-24k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€72k▲ 88.0%
Operating result€7k€11k▲ 47.1%€6k▼ 42.6%€-17k€12k
Net result€7k€10k▲ 50.2%€6k▼ 45.8%€-20k€8k
EBIT margin10.0%▲ 25.3pp
Equity€2k€17k▲ 1,022%€22k▲ 25.0%€2k▼ 91.1%€10k▲ 437%
Total assets€37k▲ 31.6%€42k▲ 13.1%€59k▲ 40.4%€32k▼ 46.1%€29k▼ 9.6%
Debt€36k▲ 5.9%€25k▼ 30.7%€37k▲ 51.3%€30k▼ 19.9%€18k▼ 38.4%
Working capital€-10k▲ 39.1%€12k€-18k€-24k▼ 30.7%€-7k▲ 71.0%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €12k after a loss of €17k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29k
Fixed assets
€17k ▼ 33.3%
Current assets
€11k ▲ 96.5%
Equity and liabilities €29k
Equity
€10k ▲ 437%
Debt
€18k ▼ 38.4%
Debt's share of the balance-sheet total falls from 93.9% to 64.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20k▲
2024 · €-3k
Cash flow
€17k▲
2024 · €-6k
Current ratio
0.62▲
2024 · 0.19
Debt to equity
1.78▼
2024 · 15.51
ROE
81.4%
ROA
29.3%▲
2024 · -62.1%
Interest coverage
28.72▲
2024 · -3.70
Debt ≤ 1 year
€18k▼
2024 · €30k
Income taxes
€3k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €72k | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €57k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €6k | €15k | €14k | €9k | ▼ 38.6% |
| Other operating charges640/8 | €2k | €273 | €881 | €845 | €1k | ▲ 33.2% |
| Gross operating margin9900 | €16k | €17k | €22k | €-2k | €21k | ▲ 1,015% |
| Operating profit (loss)9901 | €7k | €11k | €6k | €-17k | €12k | ▲ 167% |
| Financial income75/76B | - | - | - | €0 | - | - |
| Recurring financial income75 | - | - | - | €0 | - | - |
| Financial charges65/66B | €305 | €228 | €461 | €861 | €707 | ▼ 17.9% |
| Recurring financial charges65 | €305 | €228 | €461 | €861 | €707 | ▼ 17.9% |
| Profit (loss) for the period before taxes9903 | €7k | €10k | €6k | €-18k | €11k | ▲ 160% |
| Income taxes67/77 | - | - | - | €2k | €3k | ▲ 58.2% |
| Profit (loss) for the period9904 | €7k | €10k | €6k | €-20k | €8k | ▲ 143% |
| Profit (loss) for the period to be appropriated9905 | €7k | €10k | €6k | €-20k | €8k | ▲ 143% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37k | €42k | €59k | €32k | €29k | ▼ 9.6% |
| Fixed assets21/28 | €18k | €12k | €40k | €26k | €17k | ▼ 33.3% |
| Tangible fixed assets22/27 | €18k | €12k | €40k | €26k | €17k | ▼ 33.3% |
| Furniture and vehicles24 | €18k | €12k | €40k | €26k | €17k | ▼ 33.3% |
| Current assets29/58 | €19k | €30k | €19k | €6k | €11k | ▲ 96.5% |
| Amounts receivable within one year40/41 | €8k | €13k | €13k | €1k | €7k | ▲ 572% |
| Trade receivables40 | €6k | €11k | €4k | €175 | €5k | ▲ 2,840% |
| Other amounts receivable41 | €2k | €2k | €9k | €830 | €2k | ▲ 93.7% |
| Cash at bank and in hand54/58 | €11k | €17k | €6k | €5k | €5k | ▼ 2.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37k | €42k | €59k | €32k | €29k | ▼ 9.6% |
| Equity10/15 | €2k | €17k | €22k | €2k | €10k | ▲ 437% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-17k | €-1k | €3k | €-17k | €-8k | ▲ 50.4% |
| Amounts payable17/49 | €36k | €25k | €37k | €30k | €18k | ▼ 38.4% |
| Amounts payable after more than one year17 | €7k | €7k | - | - | - | - |
| Financial debts170/4 | €7k | €7k | - | - | - | - |
| Amounts payable within one year42/48 | €28k | €17k | €37k | €30k | €18k | ▼ 38.4% |
| Current portion of amounts payable after more than one year42 | €7k | - | €26k | €18k | €15k | ▼ 14.5% |
| Trade debts44 | €10k | €10k | €3k | €7k | €689 | ▼ 90.1% |
| Suppliers440/4 | €10k | €10k | €3k | €7k | €689 | ▼ 90.1% |
| Other amounts payable47/48 | €11k | €8k | €8k | €5k | €3k | ▼ 49.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €10k | €6k | €-20k | €8k | ▲ 143% |
| + Depreciation and write-downs630 | €6k | €6k | €15k | €14k | €9k | ▼ 38.6% |
| Operating cash flow (approximation) | €13k | €17k | €21k | €-6k | €17k | ▲ 402% |
| Investment in fixed assets (approximation) | - | €0 | €-43k | €0 | €0 | - |
| Change in cash | - | €6k | €-11k | €-1k | €-133 | ▲ 87.8% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, 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
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
31-12
Financial
Highest result since 2018net €10k ▲50.2%
Net result €10k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 1.70
Current ratio from 0.66 to 1.70; short-term debt falls from €28k to €17k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
Show earlier events
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Sint-Jans-Molenbeek · 1 establishment unit since 2011
Ground area
96 m²
Building footprint
96 m²
Volume, LiDAR
1,477 m³
Parcel 21523B0773/00B004, Brussels · tallest building 19.1 m, ±6 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
FELDA
since 20112.196.661.802
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0773/00B004 | Brussels | 96 m² | 1 · 96 m² | 19.1 m · 6 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
METAVER
BE 0862.275.659
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Klompven Projects
BE 0403.771.210
Kapellen · Eq €10,350
SCHRIJNWERKERIJ MINNOYE
BE 0752.969.725
Kortenaken · Eq €10,313
EAGLE CONSTRUCTION AND RENOVATION
BE 0766.610.497
Antwerpen · Eq €10,313
V Carré
BE 0800.431.132
Seraing · Eq €10,293
Of 20,028 companies in sector 43320 we hold annual accounts for 9,133. 4,724 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)
Founded07-02-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.