FELINE
FELINE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11k and a net result of €67k. Equity is growing by ~55.4% per year across the filed fiscal years. Its solvency ranks better than 9% of 1994 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
| Equity | €11k |
| Net result | €67k |
| Staff (FTE) | 2.4 |
| Better than sector | 9% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 1.1% | 42.7% | |
| Net result | €67k | €40k | |
| Equity | €11k | €444k | |
| Gross operating margin | €330k | €382k | |
| Staff costs | €172k | €587k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | full schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €129k | €113k | €143k | €79k | €30k |
| Net profit | €67k | €69k | €100k | €40k | €2k |
| Cash flow | €92k | €99k | €132k | €72k | €28k |
| Staff costs | €172k | €236k | €207k | €174k | €155k |
| Income taxes | €30k | €4k | €0 | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €989k | €1.17M | €1.26M | €1.35M | €1.27M |
| Equity | €11k | €-56k | €-125k | €-225k | €-264k |
| Debt | €978k | €1.23M | €1.39M | €1.58M | €1.54M |
| of which ≤ 1y | €436k | €300k | €368k | €518k | €265k |
| of which > 1y | €542k | €928k | €1.02M | €1.06M | €1.27M |
| Working capital | €461k | €741k | €783k | €698k | €841k |
| Employees (FTE) | 2.4 | 2.9 | 2.6 | 2.3 | 2.0 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 2.06 | 3.47 | 3.13 | 2.35 | 4.17 |
| Quick ratio | 0.63 | 0.74 | 0.94 | 1.52 | 0.60 |
| Working capital ratio | 46.6% | 63.2% | 62.1% | 51.6% | 66.0% |
| Solvency | 1.1% | -4.8% | -9.9% | -16.6% | -20.7% |
| Debt / equity | 92.03 | -21.92 | -11.07 | -7.01 | -5.82 |
| Long-term debt ratio | 51.02 | -16.57 | -8.14 | -4.71 | -4.82 |
| Interest coverage | 16.34 | 10.55 | 12.30 | 9.71 | 4.94 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 6.7% | 5.9% | 7.9% | 2.9% | 0.2% |
| ROE | 626.9% | -123.6% | -79.5% | -17.6% | -0.7% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €989k | €1.17M | €1.26M | €1.35M | €1.27M |
| Fixed assets | 21/28 | €92k | €131k | €111k | €137k | €169k |
| Tangible fixed assets | 22/27 | €92k | €131k | €111k | €137k | €169k |
| Current assets | 29/58 | €897k | €1.04M | €1.15M | €1.22M | €1.11M |
| Stocks & contracts in progress | 3 | €622k | €819k | €807k | €428k | €948k |
| Amounts receivable within one year | 40/41 | €222k | €104k | €183k | €750k | €132k |
| Investments | 50/53 | €219 | €219 | €219 | €219 | €219 |
| Cash & bank | 54/58 | €40k | €106k | €149k | €26k | €17k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €989k | €1.17M | €1.26M | €1.35M | €1.27M |
| Equity | 10/15 | €11k | €-56k | €-125k | €-225k | €-264k |
| Contributions / capital | 10/11 | €62k | €62k | €62k | €62k | €62k |
| Reserves | 13 | €160 | €160 | €160 | €160 | €160 |
| Accumulated profits (losses) | 14 | €-52k | €-118k | €-187k | €-287k | €-327k |
| Amounts payable | 17/49 | €978k | €1.23M | €1.39M | €1.58M | €1.54M |
| Amounts payable after one year | 17 | €542k | €928k | €1.02M | €1.06M | €1.27M |
| Amounts payable within one year | 42/48 | €436k | €300k | €368k | €518k | €265k |
| Trade debts payable within one year | 44 | €127k | €10k | €30k | €31k | €13k |
| Income statement | ||||||
| Gross operating margin | 9900 | €330k | €388k | €364k | €302k | €191k |
| Operating result | 9901 | €104k | €83k | €111k | €47k | €5k |
| Financial income | 75 | €647 | €586 | €410 | €1k | €3k |
| Financial charges | 65 | €8k | €11k | €12k | €8k | €6k |
| Result before taxes | 9903 | €97k | €73k | €100k | €40k | €2k |
| Income taxes | 67/77 | €30k | €4k | €0 | - | - |
| Net result for the period | 9904 | €67k | €69k | €100k | €40k | €2k |
| Result to be appropriated | 9905 | €67k | €69k | €100k | €40k | €2k |
-
VAN HUYCK WillemManaging directorState Gazette act 25361432 (08-10-2025)Current28-07-2023 → present
2 events
- 28-07-2023 Appointed· Managing director
- 28-07-2023 Appointed· Chair
| NACE primary | Other specialised construction activities(43990) |
| Legal form | Public limited company(014) |
| Incorporation | 07-12-1993 |
| Status | Active |
| Postal code | 3111 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24123A0797/00G000 | Flanders | 3,026 m² | 1 · 1,630 m² | - |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
08-10-2025 2 directors appointed correction
- VAN HUYCK Willem, Gedelegeerd bestuurder
- VAN HUYCK Willem, Voorzitter
Technical details
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"evidence_quote": "De raad van bestuur beslist unaniem tot gedelegeerd bestuurder en voorzitter van de raad van bestuur te benoemen voor een termijn van 6 jaar te rekenen vanaf 28 juli 2023: de heer VAN HUYCK Willem, wonende te 3111 Rotselaar, Molenbaan 1.",
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"corrected_publication_numac": "23377869"
}| Legal nameNL | FELINE |