FELGROEN
ActiveThe computed 12-month bankruptcy probability of FELGROEN is 2.0% (moderate). The 2025 annual accounts show negative equity (€-23k) and a net result of €-381. Equity is shrinking by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 4401 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
23
/ 100
Critical▲ +14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability23▼-8
Solvency33=
Growth22=
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.11 against 0.16 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-194.2%
Return on assets
-3.2%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€23k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
29 d late
2024
26 d late
2023
67 d late
2022
61 d late
2021
61 d late
2020
88 d late
2019
68 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€25k▼ 11.8%
2024 · €29k
2019: €93k
2020: €33k
2021: €23k
2022: €20k
2023: €38k
2024: €29k
2019 → 2025
EBIT margin
2.3%▲ 12.8pp
2024 · -10.5%
2019: 3.5%
2020: -24.7%
2021: -59.1%
2022: -52.6%
2023: 24.9%
2024: -10.5%
2019 → 2025
Net result
€-381▲ 90.2%
2024 · €-4k
2018: €86
2019: €2k
2020: €-8k
2021: €-15k
2022: €-12k
2023: €9k
2024: €-4k
2018 → 2025
Working capital
€-31k▼ 25.4%
2024 · €-25k
2018: €-7k
2019: €2k
2020: €-7k
2021: €-19k
2022: €-31k
2023: €-24k
2024: €-25k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€23k-€20k▼ 12.5%€38k▲ 86.9%€29k▼ 25.0%€25k▼ 11.8%
Equity€-16k-€-28k▼ 75.8%€-19k▲ 31.7%€-23k▼ 20.8%€-23k▼ 1.7%
Operating result€-14k-€-11k▲ 22.2%€10k€-3k€588
Net result€-15k-€-12k▲ 23.2%€9k€-4k€-381▲ 90.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €588 after a loss of €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12k
Fixed assets
€8k▲ 278%
Current assets
€4k▼ 21.3%
Key figures and ratios
EBITDA
€2k▲
2024 · €486
Cash flow
€1k▲
2024 · €-416
Solvency
-194.2%▲
2024 · -325.7%
Current ratio
0.11▼
2024 · 0.16
Quick ratio
0.00▼
2024 · 0.04
Debt / equity
-1.51▼
2024 · -1.31
ROE
1.7%▼
2024 · 17.2%
ROA
-3.2%▲
2024 · -56.0%
Interest coverage
2.68▲
2024 · 0.53
Debt
€35k▲
2024 · €30k
Debt ≤ 1 year
€35k▲
2024 · €30k
Income taxes
€130
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€7k€12k▲
Fixed assets21/28€2k€8k▲
Tangible fixed assets22/27€2k€8k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€287€7k▲
Financial fixed assets28€194€194=
Current assets29/58€5k€4k▼
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€388€162▼
Trade receivables40€388€162▼
Cash at bank and in hand54/58€800-
Equity and liabilities
Total equity and liabilities10/49€7k€12k▲
Equity10/15€-23k€-23k▼
Contributions10/11€6k€6k=
Reserves13€186€186=
Non-distributable reserves130/1€186€186=
Reserves not available under the articles1311€186€186=
Profit (loss) carried forward14€-29k€-29k▼
Amounts payable17/49€30k€35k▲
Amounts payable within one year42/48€30k€35k▲
Trade debts44€2k€286▼
Suppliers440/4€2k€286▼
Taxes, remuneration and social security45€1k€354▼
Taxes450/3€1k€354▼
Other amounts payable47/48€27k€34k▲
Income statement
Code20242025
Turnover70€29k€25k▼
Goods, raw materials, services and sundry goods60/61€28k€22k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€279€1k▲
Gross operating margin9900€765€3k▲
Operating profit (loss)9901€-3k€588▲
Financial income75/76B€18-
Recurring financial income75€18-
Financial charges65/66B€920€840▼
Recurring financial charges65€920€840▼
Profit (loss) for the period before taxes9903€-4k€-251▲
Income taxes67/77-€130
Profit (loss) for the period9904€-4k€-381▲
Profit (loss) for the period to be appropriated9905€-4k€-381▲
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€-29k▼
Profit (loss) brought forward from the previous period14P€-25k€-29k▼
The notes to these accounts (8 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
29-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Hoegaarden
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.
Hauthem 303320 HoegaardenGround area
2,469 m²
Building footprint
221 m²
Volume, LiDAR
1,609 m³
Parcel 24041B0415/00G000, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24041B0415/00G000 | Flanders | 2,469 m² | 1 · 220 m² | 9.7 m · 3 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 155 EUR awarded · 155 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 155 EUR | 155 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 21,155 companies in sector 81300 we hold annual accounts for 4,344. 2,178 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-04-2017
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.