FELSPAR
ActiveFELSPAR has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €90k and a net result of €150k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 16974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency58▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.81 in 2024; short-term debt: 65.2% and cash: 45.4% of total assets), and 66.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 →
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
33.2%
Return on assets
55.1%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €90k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
28 d late
2023
26 d late
2022
46 d early
2021
39 d early
2020
16 d late
2019
3 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€90k▲ 123%
2024 · €41k
2018: €35k
2019: €22k
2020: €56k
2021: €48k
2022: €21k
2023: €22k
2024: €41k
2018 → 2025
Total assets
€272k▲ 188%
2024 · €94k
2018: €93k
2019: €78k
2020: €106k
2021: €147k
2022: €135k
2023: €130k
2024: €94k
2018 → 2025
Net result
€150k▲ 288%
2024 · €39k
2018: €3k
2019: €8k
2020: €34k
2021: €22k
2022: €18k
2023: €61k
2024: €39k
2018 → 2025
Working capital
€77k▲ 151%
2024 · €31k
2018: €55k
2019: €20k
2020: €60k
2021: €28k
2022: €3k
2023: €8k
2024: €31k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€21k▼ 56.3%€22k▲ 4.7%€41k▲ 85.0%€90k▲ 123%
Operating result€31k-€25k▼ 17.8%€80k▲ 214%€49k▼ 38.0%€201k▲ 306%
Net result€22k-€18k▼ 18.3%€61k▲ 237%€39k▼ 36.7%€150k▲ 288%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 306% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €272k
Fixed assets
€18k▼ 31.6%
Current assets
€254k▲ 271%
Equity and liabilities €272k
Equity
€90k▲ 123%
Debt
€182k▲ 238%
The debt ratio rises from 57.0% to 66.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€211k▲
2024 · €59k
Cash flow
€159k▲
2024 · €48k
Solvency
33.2%▼
2024 · 43.0%
Current ratio
1.43▼
2024 · 1.81
Quick ratio
1.43▼
2024 · 1.81
Debt / equity
2.01▲
2024 · 1.33
ROE
165.9%▲
2024 · 95.3%
ROA
55.1%▲
2024 · 41.0%
Interest coverage
3789.29▲
2024 · 293.63
Debt
€182k▲
2024 · €54k
Debt ≤ 1 year
€177k▲
2024 · €38k
Income taxes
€51k▲
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€94k€272k▲
Fixed assets21/28€26k€18k▼
Tangible fixed assets22/27€26k€18k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€12k€6k▼
Other tangible fixed assets26€12k€10k▼
Current assets29/58€68k€254k▲
Amounts receivable within one year40/41€34k€128k▲
Trade receivables40€20k€125k▲
Other amounts receivable41€14k€3k▼
Cash at bank and in hand54/58€22k€123k▲
Deferred charges and accrued income490/1€13k€3k▼
Equity and liabilities
Total equity and liabilities10/49€94k€272k▲
Equity10/15€41k€90k▲
Contributions10/11€19k€19k=
Reserves13€20k€70k▲
Distributable reserves133€20k€70k▲
Profit (loss) carried forward14€2k€2k▼
Amounts payable17/49€54k€182k▲
Amounts payable within one year42/48€38k€177k▲
Current portion of amounts payable after more than one year42€0-
Financial debts43-€40k
Other loans439-€40k
Trade debts44€5€42▲
Suppliers440/4€5€42▲
Taxes, remuneration and social security45€18k€63k▲
Taxes450/3€18k€63k▲
Other amounts payable47/48€20k€74k▲
Accrued charges and deferred income492/3€16k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€12k€0▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€73k€213k▲
Operating profit (loss)9901€49k€201k▲
Financial income75/76B€564€19▼
Recurring financial income75€564€19▼
Financial charges65/66B€201€56▼
Recurring financial charges65€201€56▼
Profit (loss) for the period before taxes9903€50k€201k▲
Income taxes67/77€11k€51k▲
Profit (loss) for the period9904€39k€150k▲
Profit (loss) for the period to be appropriated9905€39k€150k▲
Appropriation of the result
Profit (loss) to be appropriated9906€40k€152k▲
Profit (loss) brought forward from the previous period14P€1k€2k▲
Transfer to equity691/2€18k€50k▲
To other reserves6921€18k€50k▲
Profit to be distributed694/7€20k€100k▲
Return on contributions (dividend)694€20k€100k▲
The notes to these accounts (8 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €150k ▲288%
Operating result €201k, net result €150k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
12-06
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
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, Oud-Heverlee · 1 establishment unit since 2015
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.
Heuvelstraat 143052 Oud-HeverleeGround area
989 m²
Building footprint
130 m²
Volume, LiDAR
837 m³
Parcel 24013B0022/00E000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RFIC CONSULTING
since 20152.246.120.617
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24013B0022/00E000 | Flanders | 989 m² | 1 · 130 m² | 9.4 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.
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,390. 15,589 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-09-2015
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
71121Engineering and related technical consultancy, excluding land surveyors
78100Employment placement agencies
85510Sports and recreation education
85520Cultural education
90201Performing arts by independent artists
93110Operation of sports facilities
93192Activities of independent sportspeople
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:carl@felspar.be