FELIST CONSTRUCT
ActiveSummary
FELIST CONSTRUCT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €213k and a net result of €570. Equity remains stable across the filed fiscal years (±1.3% per year). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▲+1
Solvency42▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.01 in 2024; short-term debt: 75% and cash: 0.3% of total assets), and 83.2% of the assets are financed with debt.
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Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
16.8%
Return on assets
0%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 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 · 10 filingsDeviation from the deadline
2025
5 d late
2024
23 d late
2023
58 d late
2022
28 d late
2021
76 d late
2020
19 d late
2019
20 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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€213k▲ 0.3%
2024 · €213k
Total assets
€1.27M▼ 2.4%
2024 · €1.30M
Net result
€570
2024 · €-3k
Working capital
€-938k▼ 1.5%
2024 · €-924k
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
Operating result€11k▼ 11.6%€8k▼ 25.1%€10k▲ 21.7%€-469€2k
Net result€2k▲ 4.9%€4k▲ 154%€7k▲ 68.2%€-3k€570
Equity€204k▲ 0.8%€208k▲ 2.1%€216k▲ 3.4%€213k▼ 1.3%€213k▲ 0.3%
Total assets€1.12M▼ 2.8%€1.15M▲ 2.4%€1.14M▼ 1.0%€1.30M▲ 14.6%€1.27M▼ 2.4%
Debt€917k▼ 3.6%€939k▲ 2.4%€921k▼ 1.9%€1.09M▲ 18.3%€1.06M▼ 2.9%
Working capital€-611k▼ 1.6%€-687k▼ 12.5%€-693k▼ 0.9%€-924k▼ 33.4%€-938k▼ 1.5%
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: €2k after a loss of €469 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.27M
Fixed assets
€1.25M ▼ 2.7%
Current assets
€16k ▲ 32.5%
Equity and liabilities €1.27M
Equity
€213k ▲ 0.3%
Debt
€1.06M ▼ 2.9%
Debt's share of the balance-sheet total falls from 83.7% to 83.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▲
2024 · €35k
Cash flow
€36k▲
2024 · €32k
Current ratio
0.02▲
2024 · 0.01
Debt to equity
4.96▼
2024 · 5.12
ROE
0.3%▲
2024 · -1.3%
ROA
0.0%▲
2024 · -0.2%
Interest coverage
24.15▲
2024 · 14.95
Debt ≤ 1 year
€954k▲
2024 · €936k
Debt > 1 year
€104k▼
2024 · €154k
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32k | €33k | €35k | €35k | €35k | = |
| Other operating charges640/8 | €4k | €9k | €7k | €15k | €8k | ▼ 48.0% |
| Gross operating margin9900 | €48k | €50k | €51k | €49k | €45k | ▼ 9.3% |
| Operating profit (loss)9901 | €11k | €8k | €10k | €-469 | €2k | ▲ 549% |
| Financial charges65/66B | €9k | €4k | €3k | €2k | €2k | ▼ 33.5% |
| Recurring financial charges65 | €9k | €4k | €3k | €2k | €2k | ▼ 33.5% |
| Profit (loss) for the period before taxes9903 | €2k | €4k | €7k | €-3k | €570 | ▲ 121% |
| Profit (loss) for the period9904 | €2k | €4k | €7k | €-3k | €570 | ▲ 121% |
| Profit (loss) for the period to be appropriated9905 | €2k | €4k | €7k | €-3k | €570 | ▲ 121% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.12M | €1.15M | €1.14M | €1.30M | €1.27M | ▼ 2.4% |
| Formation expenses20 | €950 | €950 | €950 | €950 | €950 | = |
| Fixed assets21/28 | €1.12M | €1.15M | €1.11M | €1.29M | €1.25M | ▼ 2.7% |
| Tangible fixed assets22/27 | €1.12M | €1.15M | €1.11M | €1.12M | €1.08M | ▼ 3.1% |
| Land and buildings22 | €1.12M | €1.15M | €1.11M | €1.12M | €1.08M | ▼ 3.1% |
| Financial fixed assets28 | - | - | - | €170k | €170k | = |
| Current assets29/58 | €2k | €1k | €24k | €12k | €16k | ▲ 32.5% |
| Amounts receivable within one year40/41 | - | - | €21k | €11k | €12k | ▲ 11.6% |
| Trade receivables40 | - | - | €21k | - | - | - |
| Other amounts receivable41 | - | - | - | €11k | €12k | ▲ 11.6% |
| Cash at bank and in hand54/58 | €2k | €1k | €3k | €1k | €4k | ▲ 257% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.12M | €1.15M | €1.14M | €1.30M | €1.27M | ▼ 2.4% |
| Equity10/15 | €204k | €208k | €216k | €213k | €213k | ▲ 0.3% |
| Contributions10/11 | €290k | €290k | €290k | €290k | €290k | = |
| Profit (loss) carried forward14 | €-86k | €-82k | €-74k | €-77k | €-77k | ▲ 0.7% |
| Amounts payable17/49 | €917k | €939k | €921k | €1.09M | €1.06M | ▼ 2.9% |
| Amounts payable after more than one year17 | €304k | €251k | €205k | €154k | €104k | ▼ 32.3% |
| Financial debts170/4 | €304k | €251k | €205k | €154k | €104k | ▼ 32.3% |
| Amounts payable within one year42/48 | €613k | €688k | €717k | €936k | €954k | ▲ 1.9% |
| Current portion of amounts payable after more than one year42 | €52k | €52k | €52k | €52k | €52k | = |
| Trade debts44 | €8k | €2k | €5k | €6k | €3k | ▼ 50.2% |
| Suppliers440/4 | €8k | €2k | €5k | €6k | €3k | ▼ 50.2% |
| Other amounts payable47/48 | €553k | €634k | €660k | €878k | €899k | ▲ 2.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €4k | €7k | €-3k | €570 | ▲ 121% |
| + Depreciation and write-downs630 | €32k | €33k | €35k | €35k | €35k | = |
| Operating cash flow (approximation) | €34k | €37k | €42k | €32k | €36k | ▲ 10.4% |
| Investment in fixed assets (approximation) | - | €-60k | €-1k | €-213k | €0 | ▲ 100% |
| Change in cash | - | €-1k | €2k | €-2k | €3k | ▲ 268% |
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
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
31-12
Financial
Back to profitnet €570
Net result €570 after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 76 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-12
Financial
Equity above €200kEq €201k ▲6.2%
Equity rises from €189k to €201k.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Evergem
Ground area
677 m²
Building footprint
80 m²
Volume, LiDAR
523 m³
Parcel 43006F0712/00N000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43006F0712/00N000 | Flanders | 677 m² | 1 · 80 m² | 7.6 m · 2 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded22-02-2011
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.