Felix Construction
ActiveFelix Construction has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99k and a net result of €17k. Equity is growing by ~25.6% per year across the filed fiscal years. Its solvency ranks better than 49% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-21
Solvency72=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.38 against 1.99 in 2024; short-term debt: 32.2% and cash: 0% of total assets), but 53.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-09-2025, 38 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
38 d early
2024
31 d early
2023
89 d late
2022
3 d early
2021
2 d late
2020
27 d late
2019
29 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€99k▲ 9.8%
2024 · €90k
2019: €34k
2020: €32k
2021: €35k
2022: €44k
2023: €56k
2024: €90k
2019 → 2025
Total assets
€213k▲ 11.9%
2024 · €190k
2019: €164k
2020: €129k
2021: €132k
2022: €194k
2023: €134k
2024: €190k
2019 → 2025
Net result
€17k▼ 71.6%
2024 · €59k
2019: €22k
2020: €-2k
2021: €3k
2022: €9k
2023: €17k
2024: €59k
2019 → 2025
Working capital
€95k▲ 31.2%
2024 · €72k
2019: €-11k
2020: €5k
2021: €4k
2022: €-6k
2023: €11k
2024: €72k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€44k▲ 26.5%€56k▲ 26.8%€90k▲ 61.3%€99k▲ 9.8%
Operating result€5k-€15k▲ 205%€22k▲ 44.8%€70k▲ 219%€19k▼ 72.1%
Net result€3k-€9k▲ 194%€17k▲ 82.4%€59k▲ 252%€17k▼ 71.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 72% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €213k
Fixed assets
€50k▲ 10.5%
Current assets
€163k▲ 12.3%
Equity and liabilities €213k
Equity
€99k▲ 9.8%
Debt
€114k▲ 13.8%
The debt ratio rises from 52.6% to 53.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€40k▼
2024 · €90k
Cash flow
€38k▼
2024 · €80k
Solvency
46.6%▼
2024 · 47.4%
Current ratio
2.38▲
2024 · 1.99
Quick ratio
2.38▲
2024 · 1.99
Debt / equity
1.15▲
2024 · 1.11
ROE
17.0%▼
2024 · 65.7%
ROA
7.9%▼
2024 · 31.2%
Interest coverage
20.04▼
2024 · 44.79
Debt
€114k▲
2024 · €100k
Debt ≤ 1 year
€69k▼
2024 · €73k
Debt > 1 year
€45k▲
2024 · €27k
Income taxes
€4k▼
2024 · €11k
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€190k€213k▲
Fixed assets21/28€45k€50k▲
Tangible fixed assets22/27€44k€49k▲
Land and buildings22-€2k
Plant, machinery and equipment23€4k€617▼
Furniture and vehicles24€34k€41k▲
Other tangible fixed assets26€7k€6k▼
Financial fixed assets28€531€531=
Current assets29/58€145k€163k▲
Amounts receivable within one year40/41€125k€163k▲
Trade receivables40€75k€88k▲
Other amounts receivable41€49k€75k▲
Cash at bank and in hand54/58€21k€0▼
Equity and liabilities
Total equity and liabilities10/49€190k€213k▲
Equity10/15€90k€99k▲
Contributions10/11€12k€12k=
Outside capital11€12k€12k=
Other1109/19€12k€12k=
Reserves13€32k€32k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€46k€55k▲
Amounts payable17/49€100k€114k▲
Amounts payable after more than one year17€27k€45k▲
Financial debts170/4€27k€45k▲
Amounts payable within one year42/48€73k€69k▼
Current portion of amounts payable after more than one year42€2k€2k▲
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€582€29k▲
Suppliers440/4€582€29k▲
Taxes, remuneration and social security45€46k€28k▼
Taxes450/3€34k€28k▼
Remuneration and social security454/9€12k-
Other amounts payable47/48€25k€8k▼
Income statement
Code20242025
Remuneration, social security and pensions62€109-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€21k▲
Other operating charges640/8€3k€5k▲
Non-recurring operating charges66A-€49
Gross operating margin9900€93k€45k▼
Operating profit (loss)9901€70k€19k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€70k€21k▼
Income taxes67/77€11k€4k▼
Profit (loss) for the period9904€59k€17k▼
Profit (loss) for the period to be appropriated9905€59k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€71k€63k▼
Profit (loss) brought forward from the previous period14P€12k€46k▲
Profit to be distributed694/7€25k€8k▼
Directors or managers695€25k€8k▼
The notes to these accounts (7 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
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €59k ▲252%
Operating result €70k, net result €59k, both a record.
28-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 89 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
31-03
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
31-03
Financial
Weakest financial yearnet €-2k ▼110%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gistel · 1 establishment unit since 2018
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.
Tuinlaan 48470 GistelGround area
618 m²
Building footprint
174 m²
Volume, LiDAR
899 m³
Parcel 35005A1416/00E000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Félix Elmeré
since 20182.275.517.159
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35005A1416/00E000 | Flanders | 618 m² | 1 · 174 m² | 7.3 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGistel2.275.517.159
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Of 8,563 companies in sector 43410 we hold annual accounts for 4,355. 3,807 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-04-2018
Fiscal year end31-03
Activities, NACEBEL
43410Roofing work
31004Manufacture of dining room, living room, bedroom and bathroom furniture
43350Other building finishing work
55204Guest rooms (bed and breakfast)
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.