FELIZ CONSTRUCT
ActiveSummary
FELIZ CONSTRUCT has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€7,533) and a net result of -€1,289. Equity has been shrinking by about 53% per year since 2018. Its solvency ranks better than 5% of 39,272 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 31-08-2017 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 2 others
- Establishment unit
- 2.270.182.159 3220 Holsbeek, since 31-08-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Board and ownership
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- -€1,095
- ▲ 59.5%
- Loss
- €1,289
- ▼ 57.9%
- Equity
- -€7,533
- ▼ 20.6%
- Total assets
- €3,706
- ▼ 25.8%
- Negative equity on 31-12-2025
- 2025 accounts filed 21 days after the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€7,533Loss of €1,289, the second in a row (financial year 2025)lowers riskSize: total assets €3,706Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 3% of them on solvency, 33% on liquidity, 4% on profitability and 22% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 21 days after the deadline Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00415102.
Annual accounts 2025 filed on 21-08-2026 at the NBB all 8 filings
Every figure per financial year
The operating result for 2025 is a loss of €1,095, smaller than the loss of €2,701 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €546 | €385 | €225 | - | - | - | - | - | - |
| Gross operating margin9900 | -€3,477 | -€4,147 | -€3,975 | -€3,854 | -€4,067 | -€1,017 | -€2,701 | -€1,095 | ▲ 59.5% |
| Operating profit (loss)9901 | -€4,204 | -€4,532 | -€4,200 | -€3,854 | -€4,067 | -€1,017 | -€2,701 | -€1,095 | ▲ 59.5% |
| Financial charges65/66B | - | - | - | €243 | €250 | €250 | €357 | €194 | ▼ 45.6% |
| Recurring financial charges65 | €186 | €185 | €200 | €243 | €250 | €250 | €357 | €194 | ▼ 45.6% |
| Profit (loss) for the period before taxes9903 | -€4,389 | -€4,717 | -€4,400 | -€4,097 | -€4,317 | -€1,267 | -€3,058 | -€1,289 | ▲ 57.9% |
| Profit (loss) for the period9904 | -€4,389 | -€4,717 | -€4,400 | -€4,097 | -€4,317 | -€1,267 | -€3,058 | -€1,289 | ▲ 57.9% |
| Profit (loss) for the period to be appropriated9905 | -€4,389 | -€4,717 | -€4,400 | -€4,097 | -€4,317 | -€1,267 | -€3,058 | -€1,289 | ▲ 57.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €17,642 | €12,709 | €7,733 | €3,636 | €4,320 | €3,053 | €4,995 | €3,706 | ▼ 25.8% |
| Fixed assets21/28 | €610 | €225 | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €610 | €225 | - | - | - | - | - | - | - |
| Current assets29/58 | €17,032 | €12,485 | €7,733 | €3,636 | €4,320 | €3,053 | €4,995 | €3,706 | ▼ 25.8% |
| Amounts receivable within one year40/41 | €128 | €128 | €128 | €128 | €128 | €128 | - | - | - |
| Other amounts receivable41 | - | - | - | €128 | €128 | €128 | - | - | - |
| Cash at bank and in hand54/58 | €16,904 | €12,356 | €7,605 | €3,508 | €4,192 | €2,925 | €4,995 | €3,706 | ▼ 25.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €17,642 | €12,709 | €7,733 | €3,636 | €4,320 | €3,053 | €4,995 | €3,706 | ▼ 25.8% |
| Equity10/15 | €15,611 | €10,893 | €6,494 | €2,397 | -€1,919 | -€3,186 | -€6,244 | -€7,533 | ▼ 20.6% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€4,389 | -€9,107 | -€13,506 | -€17,603 | -€21,919 | -€23,186 | -€26,244 | -€27,533 | ▼ 4.9% |
| Amounts payable17/49 | €2,032 | €1,816 | €1,239 | €1,239 | €6,239 | €6,239 | €11,239 | €11,239 | = |
| Amounts payable within one year42/48 | €2,032 | €1,816 | €1,239 | €1,239 | €6,239 | €6,239 | €11,239 | €11,239 | = |
| Other amounts payable47/48 | - | - | - | €1,239 | €6,239 | €6,239 | €11,239 | €11,239 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,389 | -€4,717 | -€4,400 | -€4,097 | -€4,317 | -€1,267 | -€3,058 | -€1,289 | ▲ 57.9% |
| + Depreciation and write-downs630 | €546 | €385 | €225 | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€3,843 | -€4,332 | -€4,175 | -€4,097 | -€4,317 | -€1,267 | -€3,058 | -€1,289 | ▲ 57.9% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - | - | - | - |
| Change in cash | - | -€4,548 | -€4,752 | -€4,097 | €683 | -€1,267 | €2,070 | -€1,289 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,008 companies had the same profile as FELIZ CONSTRUCT has now. Two years later, 83.0% were still going and 7.9% had gone bankrupt.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FELIZ CONSTRUCT itself is lower: 0.2% within 12 months. It rests on far more data about FELIZ CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,008 companies, not a prediction for FELIZ CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 21-08-2026 | 2026-00415102 | |
| 31-12-2024 | micro format | 23-07-2025 | 2025-00299593 | |
| 31-12-2023 | micro format | 26-09-2024 | 2024-00473531 | |
| 31-12-2022 | micro format | 23-08-2023 | 2023-00350625 | |
| 31-12-2021 | micro format | 28-07-2022 | 2022-20239012 | |
| 31-12-2020 | micro format | 26-07-2021 | 2021-40400266 | |
| 31-12-2019 | micro format | 22-09-2020 | 2020-54900243 | |
| 31-12-2018 | micro format | 25-07-2019 | 2019-38300104 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 05-12-2024 Converted to unavailable equity
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DESCHIETER Olivier Louis Emiel Albert |
|
| THEYS Sven Johan Filip Ronald |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Artikel 11, onbezoldigd,tenzij algemene vergadering,hiertoe bij uitsluiting bevoegd,anders beslist”
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Algemene vergadering, vormvereisten,aanwezigheidsquorum en meerderheid Wetboek van vennootschappen en verenigingen”
Articles of association, deed of 05-12-2024 (in Dutch)
Network & group
FELIZ CONSTRUCT shares no director with another company.
Companies at the same address
2 other companiesConnections & network
2 current directorsThe network starts from the directors of FELIZ CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
05-12
Gazette deed
Company renamed from FELIZ CONSULT BVBA to FELIZ CONSTRUCTAppointments: DESCHIETER Olivier Louis Emiel Albert (director) and THEYS Sven Johan Filip Ronald (director) · Amendment of the articles · Capital conversion13 points ▸
- General meeting, 29-11-2024
- Name change, FELIZ CONSTRUCT
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekeningen” (deed in Dutch)
- Capital
- Other provision, “zaakvoerder, ontslag huidige zaakvoerder” (deed in Dutch)
- Director appointment, DESCHIETER Olivier Louis Emiel Albert (director)
- Director appointment, THEYS Sven Johan Filip Ronald (director)
- Registered office clause, “3220 Holsbeek,Meesberg 21” (deed in Dutch)
- Power of attorney, Philippe Missoul
- Power of attorney
- Other provision, “afsluiting vergadering” (deed in Dutch)
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
16 activities
- Nevenactiviteiten die tot hoofdactiviteit zouden kunnen uitgroeien:a)Groot-en kleinhandel ook e-commerce in alle soorten decoratie-artikelen,meubels,tapijten,vloer- en muurbekleding,verf,gordijnen,glas,porselein,aardewerk,enzovoort(niet limitatieve opsomming)
- B)De uitbating van allerhande(mobiele)drank- en eetgelegenheden,zoals taverne,bar,café,brasserie,sandwichbar,snackbar,restaurant en traiteurdiensten in de ruimste zin van het woord
- C)De aankoop,verkoop,groot-en kleinhandel,import en export,e-commerce van alle dranken en voedingswaren,streekproducten en alles wat daarmede rechtstreeks of onrechtstreeks mee verband houdt
- D)Handel en verhuur van eigen of geleasd residentieel en niet-residentieel onroerend goed en projectontwikkeling
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen behoudens de activiteiten van vastgoedmakelaar,alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan- en verkoop,de bouw,de verbouwing,de afbraak,de binnenhuisinrichting en decoratie,beheren en de huur- en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,vastgoedhandel,vastgoedpromotie en project ontwikkeling van onroerende goederen of onroerende zakelijke rechten
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan-en verkoop,de huur- en verhuur,de ruil;in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen
- E)Holdings:het op lange termijn aanhouden van participaties van aandelen en managementactiviteiten van holdings
- Het verwerven en aanhouden van participaties,in eender welke vorm,in alle bestaande of op te richten,industriële,commerciële,financiële,landbouw- of immobiliënvennootschappen of-ondernemingen;het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen,waarin ze een participatie aanhoudt;het deelnemen aan hun beheer,bestuur,vereffening,en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen
- Zij mag bij wijze van inbreng in speciën of in natura,van fusie,inschrijving,deelneming,financiële tussenkomst of op een andere wijze,een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven,in België of het buitenland,waarvan het maatschappelijk doel identiek,gelijkaardig of verwant is met het hare,of van aard is de uitoefening van haar maatschappelijk doel te bevorderen
- F)Organisatie van congressen en beurzen voor bedrijven of particulieren in allerhande sectoren
- G)Jacht en plaatsen van vallen voor dieren op commerciële basis voor de voedselvoorziening,voor het verzamelen van bont of huiden,ten bate van onderzoekscentra en dierentuinen of voor gebruik als huisdier.Het bejagen op elke door de wet toegelaten manier van ieder door de wet toegelaten soort wild en de verkoop ervan aan een erkende wildbewerkingseenheid als gekwalificeerd persoon
- H)Het verzorgen van kooksessies,kooklessen,presentaties,opleidingen,workshops
- I)E-commerce in alle soorten goederen
- J)Aan-en verkoop,import en export van allerhande soorten goederen via internet of veilingsites of op beurzen
- K)Fotografie:verkopen van foto's aan allerlei magazines/persfotograaf,verkopen van foto's of fotoreportages voor vastgoedkantoren,enzovoort
- L)Het zaaien,telen,kweken,vermeerderen en bewaren van groenten,kruiden,planten,boomkwekerijproducten,sierplanten,akkerbouw- en voedergewassen en landbouwdieren.De aan-en verkoop van al deze producten en verwante artikelen in het groot en in het klein,de import en export ervan en dit alles in de ruimst mogelijke zin.Deze opsomming is niet limitatief
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24043E0074/00D000 | Flanders | 3,811 m² | 1 · 232 m² | 8.0 m · 2 |