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FELONET

Active
Private limited companyfounded 20197 yrs activeZonhovenstraat 19A, 3500 Hasselt, BelgiumKBO/BCE: BE 0721.394.344

FELONET has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €118k and a net result of €41k. Equity is growing by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 53% of 20787 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
93 / 100
Excellent▲ +4 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+36
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.92 against 1.06 in 2023), and 34.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
34 d early
2022
34 d early
2021
32 d early
2020
36 d early
2019
38 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€118k▲ 49.2%
2023 · €79k
2019: €24k 2020: €46k 2021: €94k 2022: €77k 2023: €79k
2019 → 2024
Total assets
€180k▼ 7.0%
2023 · €194k
2019: €34k 2020: €65k 2021: €105k 2022: €96k 2023: €194k
2019 → 2024
Net result
€41k▼ 21.8%
2023 · €52k
2019: €17k 2020: €24k 2021: €37k 2022: €35k 2023: €52k
2019 → 2024
Working capital
€56k▲ 1,127%
2023 · €5k
2019: €15k 2020: €35k 2021: €77k 2022: €62k 2023: €5k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€46k-€94k▲ 102%€77k▼ 17.8%€79k▲ 2.5%€118k▲ 49.2%
Operating result€33k-€48k▲ 47.8%€46k▼ 3.9%€67k▲ 44.8%€54k▼ 20.0%
Net result€24k-€37k▲ 52.4%€35k▼ 5.0%€52k▲ 48.8%€41k▼ 21.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2020: €33k€33kNet result 2020: €24k€24kOperating result 2021: €48k€48kNet result 2021: €37k€37kOperating result 2022: €46k€46kNet result 2022: €35k€35kOperating result 2023: €67k€67kNet result 2023: €52k€52kOperating result 2024: €54k€54kNet result 2024: €41k€41k20202021202220232024
The operating result falls in 2024; 2024 is 20% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €180k
Fixed assets €96k▼ 18.5%
Current assets €85k▲ 10.5%
Equity and liabilities €180k
Equity €118k▲ 49.2%
Debt €62k▼ 45.7%
The debt ratio falls from 59.3% to 34.6%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€76k
2023 · €69k
Cash flow
€62k
2023 · €54k
Solvency
65.4%
2023 · 40.7%
Current ratio
2.92
2023 · 1.06
Quick ratio
2.92
2023 · 1.06
Debt / equity
0.53
2023 · 1.45
ROE
34.5%
2023 · 65.8%
ROA
22.6%
2023 · 26.8%
Interest coverage
38.72
2023 · 111.06
Debt
€62k
2023 · €115k
Debt ≤ 1 year
€29k
2023 · €72k
Debt > 1 year
€31k
2023 · €41k
Income taxes
€11k
2023 · €15k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€194k€180k
Fixed assets21/28€117k€96k
Tangible fixed assets22/27€107k€86k
Plant, machinery and equipment23€6k€5k
Furniture and vehicles24€101k€80k
Financial fixed assets28€10k€10k=
Current assets29/58€76k€85k
Amounts receivable within one year40/41€48k€29k
Trade receivables40€45k€28k
Other amounts receivable41€3k€1k
Cash at bank and in hand54/58€26k€52k
Deferred charges and accrued income490/1€2k€4k
Equity and liabilities
Total equity and liabilities10/49€194k€180k
Equity10/15€79k€118k
Contributions10/11€19k€19k=
Reserves13€60k€99k
Distributable reserves133€60k€99k
Amounts payable17/49€115k€62k
Amounts payable after more than one year17€41k€31k
Financial debts170/4€41k€31k
Amounts payable within one year42/48€72k€29k
Current portion of amounts payable after more than one year42€9k€10k
Trade debts44€413€834
Suppliers440/4€413€834
Taxes, remuneration and social security45€3k€8k
Taxes450/3€1k€6k
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€59k€11k
Accrued charges and deferred income492/3€2k€2k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€22k
Other operating charges640/8€832€647
Gross operating margin9900€70k€76k
Operating profit (loss)9901€67k€54k
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€623€2k
Recurring financial charges65€623€2k
Profit (loss) for the period before taxes9903€67k€52k
Income taxes67/77€15k€11k
Profit (loss) for the period9904€52k€41k
Profit (loss) for the period to be appropriated9905€52k€41k
Appropriation of the result
Profit (loss) to be appropriated9906€52k€41k
Transfer to equity691/2€2k€39k
To other reserves6921€2k€39k
Profit to be distributed694/7€50k€2k
Return on contributions (dividend)694€50k€2k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity triplescurrent ratio 2.92
Current ratio from 1.06 to 2.92; short-term debt falls from €72k to €29k.
31-12
Financial Equity above €100kEq €118k ▲49.2%
6 profitable years in a row build equity to €118k.
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2019net €52k ▲48.8%
Operating result €67k, net result €52k, both a record.
27-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity triplescurrent ratio 9.86
Current ratio from 3.10 to 9.86; short-term debt falls from €17k to €9k.
25-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Hasselt · 1 establishment unit since 2019
establishment The establishment unit on the map
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.

Zonhovenstraat 19A3500 Hasselt
Ground area
455 m²
Building footprint
105 m²
Volume, LiDAR
821 m³
Parcel 71322A0011/00W006, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
felonet
Zonhovenstraat 19A, 3500 HasseltOther software publishing
since 20192.285.651.085
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71322A0011/00W006 Flanders 455 m² 1 · 105 m² 9.8 m · 3 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.

Similar companies · same sector, comparable size

Of 29,885 companies in sector 62200 we hold annual accounts for 18,322. 15,442 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded21-02-2019
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:000000000
Establishment Hasselt 2.285.651.085