FELKE
ActiveFELKE has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €145k and a net result of €-86k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 25% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability1▼-64
Solvency49▼-9
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.29 against 1.46 in 2024; short-term debt: 75.5% and cash: 30.2% of total assets), and 76.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.7%
Return on assets
-14%
Age of the figures
15 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 7744 sector peers (2025).
NBB · sector comparisonPosition among 7744 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-02-2026, 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
4 d late
2023
on the day
2022
1 d early
2021
on the day
2020
25 d late
2019
15 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.56M
EBIT margin
1.0%
Net result
€-86k
2024 · €23k
2019: €18k
2020: €-104k
2021: €12k
2022: €26k
2023: €31k
2024: €23k
2019 → 2025
Working capital
€133k▼ 37.2%
2024 · €212k
2019: €216k
2020: €109k
2021: €124k
2022: €153k
2023: €179k
2024: €212k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.56M-
Equity€152k-€178k▲ 17.4%€209k▲ 17.2%€231k▲ 10.9%€145k▼ 37.3%
Operating result€15k-€29k▲ 90.3%€31k▲ 3.9%€31k▲ 0.3%€-77k
Net result€12k-€26k▲ 124%€31k▲ 16.0%€23k▼ 25.5%€-86k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €77k after €31k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €614k
Fixed assets
€17k▼ 29.6%
Current assets
€597k▼ 10.8%
Equity and liabilities €614k
Equity
€145k▼ 37.3%
Debt
€468k▲ 1.5%
The debt ratio rises from 66.6% to 76.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-70k▼
2024 · €40k
Cash flow
€-79k▼
2024 · €32k
Solvency
23.7%▼
2024 · 33.4%
Current ratio
1.29▼
2024 · 1.46
Quick ratio
0.88▼
2024 · 1.01
Debt / equity
3.23▲
2024 · 1.99
ROE
-59.4%▼
2024 · 9.9%
ROA
-14.0%▼
2024 · 3.3%
Interest coverage
-7.25▼
2024 · 5.09
Debt
€468k▲
2024 · €461k
Debt ≤ 1 year
€463k▲
2024 · €457k
Staff costs
€362k▼
2024 · €415k
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€693k€614k▼
Fixed assets21/28€24k€17k▼
Intangible fixed assets21€2k€171▼
Tangible fixed assets22/27€9k€4k▼
Plant, machinery and equipment23€7k€3k▼
Furniture and vehicles24€2k€301▼
Other tangible fixed assets26€520€260▼
Financial fixed assets28€13k€13k=
Current assets29/58€669k€597k▼
Stocks and contracts in progress3€209k€188k▼
Stocks30/36€194k€188k▼
Contracts in progress37€15k€0▼
Amounts receivable within one year40/41€336k€214k▼
Trade receivables40€320k€204k▼
Other amounts receivable41€17k€10k▼
Cash at bank and in hand54/58€115k€185k▲
Deferred charges and accrued income490/1€8k€10k▲
Equity and liabilities
Total equity and liabilities10/49€693k€614k▼
Equity10/15€231k€145k▼
Contributions10/11€19k€19k=
Reserves13€213k€213k=
Distributable reserves133€213k€213k=
Profit (loss) carried forward14-€-86k
Amounts payable17/49€461k€468k▲
Amounts payable within one year42/48€457k€463k▲
Financial debts43€130k€130k=
Credit institutions430/8€130k€130k=
Trade debts44€285k€297k▲
Suppliers440/4€285k€297k▲
Taxes, remuneration and social security45€42k€36k▼
Taxes450/3€4k€5k▲
Remuneration and social security454/9€37k€32k▼
Other amounts payable47/48€375€0▼
Accrued charges and deferred income492/3€5k€5k▲
Income statement
Code20242025
Remuneration, social security and pensions62€415k€362k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€7k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5k
Other operating charges640/8€5k€12k▲
Gross operating margin9900€460k€309k▼
Operating profit (loss)9901€31k€-77k▼
Financial income75/76B€90€872▲
Recurring financial income75€90€872▲
Financial charges65/66B€8k€10k▲
Recurring financial charges65€8k€10k▲
Profit (loss) for the period before taxes9903€23k€-86k▼
Profit (loss) for the period9904€23k€-86k▼
Profit (loss) for the period to be appropriated9905€23k€-86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€-86k▼
Profit (loss) brought forward from the previous period14P€8k€0▼
Transfer to equity691/2€31k€0▼
To other reserves6921€31k€0▼
Social balance
Average headcount (FTE)90877.06.1▼
The notes to these accounts (11 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
2026
05-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Highest result since 2019net €31k ▲16%
Net result €31k, the highest in the series.
30-06
Financial
Equity above €200kEq €209k ▲17.2%
3 profitable years in a row build equity to €209k.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
30-06
Financial
Equity above €150kEq €152k ▲8.4%
Equity rises from €140k to €152k.
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
30-06
Financial
Weakest financial yearnet €-104k ▼682%
Net result drops to €-104k, the lowest in the series; recovery starts the following year.
16-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
09-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Stekene · 1 establishment unit since 2013
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.
Zavelstraat(STE) 39190 StekeneGround area
4,296 m²
Building footprint
1,234 m²
Volume, LiDAR
6,857 m³
Parcel 46024A1337/00F000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FELKE
since 20132.219.413.646
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46024A1337/00F000 | Flanders | 4,296 m² | 1 · 1,234 m² | 8.1 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 669 EUR awarded · 309 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 309 EUR | 309 EUR |
| 2023 | 1 | 360 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,136. 7,639 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-05-2013
Fiscal year end30-06
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
43320Joinery installation
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.