FELICIANO CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of FELICIANO CONSTRUCT is 5.6% (elevated). The 2025 annual accounts show equity of €21,870 and a net result of €11,737. Equity is growing by about 86% per year across the filed financial years. Its solvency ranks better than 45% of 34,807 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €21,870
- Profit
- €11,737
- FELICIANO Raphael EustáquioDirector
Why 38raises riskFounded in 2023Last filed accounts filed 89 days late; 1 of the last 3 lateLiquidity: current ratio 1.59Size: total assets €51,537Show the evidence
Checked score
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 46% on solvency, 30% on liquidity, 34% on profitability and 92% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 50 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2023 to 2025net €11,737 ▲103%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (89 days) Filed on 28 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00570728.
2023 to 2025, 3 financial years
The operating result has risen two years in a row; 2025 is 103% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 5.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €516 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €3,820 | - | - |
| Other operating charges640/8 | €484 | €281 | €53 | ▼ 81.1% |
| Gross operating margin9900 | €6,108 | €16,045 | €24,862 | ▲ 55.0% |
| Operating profit (loss)9901 | €5,624 | €11,944 | €24,294 | ▲ 103% |
| Financial income75/76B | - | €380 | €542 | ▲ 42.8% |
| Recurring financial income75 | - | €380 | €542 | ▲ 42.8% |
| Financial charges65/66B | €374 | €3,262 | €9,884 | ▲ 203% |
| Recurring financial charges65 | €374 | €3,262 | €9,884 | ▲ 203% |
| Profit (loss) for the period before taxes9903 | €5,250 | €9,061 | €14,952 | ▲ 65.0% |
| Income taxes67/77 | €2,386 | €3,292 | €3,215 | ▼ 2.4% |
| Profit (loss) for the period9904 | €2,864 | €5,769 | €11,737 | ▲ 103% |
| Profit (loss) for the period to be appropriated9905 | €2,864 | €5,769 | €11,737 | ▲ 103% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €17,561 | €37,996 | €51,537 | ▲ 35.6% |
| Fixed assets21/28 | - | - | €4,484 | - |
| Tangible fixed assets22/27 | - | - | €4,484 | - |
| Furniture and vehicles24 | - | - | €4,484 | - |
| Current assets29/58 | €17,561 | €37,996 | €47,053 | ▲ 23.8% |
| Amounts receivable within one year40/41 | €15,999 | €28,785 | €44,254 | ▲ 53.7% |
| Trade receivables40 | €11,987 | €21,310 | €21,228 | ▼ 0.4% |
| Other amounts receivable41 | €4,012 | €7,475 | €23,026 | ▲ 208% |
| Cash at bank and in hand54/58 | €1,002 | €5,703 | - | - |
| Deferred charges and accrued income490/1 | €560 | €3,508 | €2,799 | ▼ 20.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €17,561 | €37,996 | €51,537 | ▲ 35.6% |
| Equity10/15 | €4,364 | €10,132 | €21,870 | ▲ 116% |
| Contributions10/11 | €1,500 | €1,500 | €1,500 | = |
| Reserves13 | €2,800 | €8,500 | €8,500 | = |
| Distributable reserves133 | €2,800 | €8,500 | €8,500 | = |
| Profit (loss) carried forward14 | €64 | €132 | €11,870 | ▲ 90× |
| Amounts payable17/49 | €13,197 | €27,863 | €29,668 | ▲ 6.5% |
| Amounts payable within one year42/48 | €13,191 | €27,472 | €29,668 | ▲ 8.0% |
| Current portion of amounts payable after more than one year42 | - | - | €5,361 | - |
| Financial debts43 | - | €3 | €11,007 | ▲ 3,539× |
| Credit institutions430/8 | - | €3 | €11,007 | ▲ 3,539× |
| Trade debts44 | €4,107 | €14,225 | €288 | ▼ 98.0% |
| Suppliers440/4 | €4,107 | €14,225 | €288 | ▼ 98.0% |
| Taxes, remuneration and social security45 | €9,084 | €13,244 | €13,011 | ▼ 1.8% |
| Taxes450/3 | €4,005 | €10,903 | €7,530 | ▼ 30.9% |
| Remuneration and social security454/9 | €5,079 | €2,341 | €5,481 | ▲ 134% |
| Accrued charges and deferred income492/3 | €6 | €392 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,864 | €5,769 | €11,737 | ▲ 103% |
| + Depreciation and write-downs630 | - | - | €516 | - |
| Operating cash flow (approximation) | €2,864 | €5,769 | €12,253 | ▲ 112% |
| Change in cash | - | €4,700 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 28-10-2026 | 2026-00570728 |
| 31-12-2024 | micro format | 30-08-2025 | 2025-00447118 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00408294 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| FELICIANO Raphael Eustáquio |
|
Owners and capital
Capital and shareholders
- FELICIANO Raphael Eustáquio 100 shares (100%) · in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 07-08-2023 Incorporation · €1,500 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
07-08
Gazette deed
IncorporationAppointment: FELICIANO Raphael Eustáquio (director) · Founder · Founding capital9 facts ▸
- Incorporation, “FELICIANO CONSTRUCT” (deed in Dutch)
- Founder, FELICIANO Raphael Eustáquio (comparant)
- Founding capital, €1,500
- Other provision, “Vaststelling statuten” (deed in Dutch)
- Capital
- Registered office clause, “1601 Ruisbroek,Humaniteitslaan 65” (deed in Dutch)
- Board rule, 1
- Director appointment, FELICIANO Raphael Eustáquio (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten door comparant in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0804.530.173
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23069A0267/00B003 | Flanders | 3,035 m² | 1 · 907 m² | 13.8 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle commerciële,industriële en financiële handelingen in verband met algemene bouwondernemingen,het opbouwen van alle gebouwen alsook alle…” (deed in Dutch)
9 activities (deed in Dutch)
- Alle commerciële,industriële en financiële handelingen in verband met algemene bouwondernemingen,het opbouwen van alle gebouwen alsook alle werken in het algemeen die ermee betrokken zijn,zowel voor openbare instellingen als voor particulieren.
- De vennootschap heeft eveneens tot doel alle afwerkingen zoals onder andere : loodgieterswerken,schilderwerken,timmer- en schrijnwerken,glazenmakers-werken,enz.; deze opsomming geldt als voorbeeld en is niet beperkend.
- De studie en de uitvoering van alle mogelijke particuliere en openbare bouwwerken,als algemene aannemer of in onderaanneming,het ontwerp en de bouw van alle mogelijke gebouwen en bouwsels,de studie en de uitvoering van binnen- en buitendecoraties;
- Alle mogelijke verrichtingen die rechtstreeks of onrechtstreeks verband houden met het onderhoud,de renovatie,het herstel,de verfraaiing,de vernieuwing en de modernisering van alle soorten kunstwerken en onroerende goederen en,algemeen genomen,alle verrichtingen die rechtstreeks of onrechtstreeks verband houden met openbare en particuliere bouwwerken;
- Het verstrekken van advies en bijstand,zowel technisch als administratief en commercieel,aan alle vennootschappen en ondernemingen voor alle mogelijke aangelegenheden met betrekking tot de sector van de onroerende goederen;
- Het verwerven van alle mogelijke terreinen,het bouwen van openbare en particuliere gebouwen,de aankoop,de verkoop,de verhuur,de verdeling en de verkaveling van alle mogelijke onroerende goederen;
- Al de werkzaamheden met betrekking tot de verdeling van water,gas,elektriciteit,enz.; de vaststelling en exploitatie van alle mogelijke transportmiddelen,havens,kanalen,wegen,enz.;
- De aankoop,de verkoop,de huur,de invoer en de uitvoer van alle mogelijke materialen,goederen,toestellen en materieel,noodzakelijk voor de bouw,het onderhoud,het herstel en de vernieuwing van kunstwerken en gebouwen;
- De voorbereiding,de opstelling en het afsluiten,zowel als mandataris als voor eigen rekening,van alle mogelijke overeenkomsten voor openbare of particuliere werken of voor leveringen en het uitvoeren van alle verrichtingen die daarmee verband houden.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FELICIANO CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 12. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Algemene vergadering die benoemt, 1” (deed in Dutch)“Algemene kosten los van representatie-,reis- en verplaatsingskosten, algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Vermelde prijs in oorspronkelijke bekendmaking of bij betwisting door deskundige, helft overdrager en helft koper(s) naar evenredigheid…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 17:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, bestuurder(s) in functie…” (deed in Dutch)