Summary
FELTRON is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €5.28M and a net result of €136k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 81% of 2399 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2025
on the day
2024
59 d early
2023
46 d early
2022
11 d early
2021
40 d early
2020
50 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, full schema
Equity
€5.28M▲ 0.7%
2025 · €5.25M
2019: €2.88Mlowest value
2020: €3.38M▲ +17.3% vs 2019
2021: €3.96M▲ +17.3% vs 2020
2022: €4.10M▲ +3.6% vs 2021
2023: €4.78M▲ +16.5% vs 2022
2024: €5.23M▲ +9.5% vs 2023
2025: €5.25M▲ +0.2% vs 2024
2025: €5.28Mhighest value
2019 → 2025
Net result
€136k▲ 879%
2025 · €14k
2019: €502k
2020: €497k▼ -0.9% vs 2019
2021: €583k▲ +17.2% vs 2020
2022: €491k▼ -15.8% vs 2021
2023: €677k▲ +38.0% vs 2022highest value
2024: €453k▼ -33.1% vs 2023
2025: €14k▼ -96.9% vs 2024lowest value
2025: €136k
2019 → 2025
Total assets
€5.68M▲ 1.9%
2025 · €5.57M
2019: €3.38Mlowest value
2020: €3.50M▲ +3.4% vs 2019
2021: €4.06M▲ +16.0% vs 2020
2022: €4.20M▲ +3.5% vs 2021
2023: €4.94M▲ +17.7% vs 2022
2024: €5.35M▲ +8.2% vs 2023
2025: €5.57M▲ +4.1% vs 2024
2025: €5.68Mhighest value
2019 → 2025
Solvency
93.0%▼ 1.1pp
2025 · 94.1%
2019: 85.2%lowest value
2020: 96.6%▲ +13.4% vs 2019
2021: 97.6%▲ +1.1% vs 2020
2022: 97.6%● +0.0% vs 2021
2023: 96.7%▼ -1.0% vs 2022
2024: 97.8%▲ +1.1% vs 2023highest value
2025: 94.1%▼ -3.7% vs 2024
2025: 93.0%
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252025Trend
Turnover€633k€175k▼ 72.4%
2025: €633k
2025: €175k
Equity€4.10M-€4.78M▲ 16.5%€5.23M▲ 9.5%€5.25M▲ 0.2%€5.28M▲ 0.7%
2022: €4.10Mlowest value
2023: €4.78M▲ +16.5% vs 2022
2024: €5.23M▲ +9.5% vs 2023
2025: €5.25M▲ +0.2% vs 2024
2025: €5.28Mhighest value
Operating result€513k-€741k▲ 44.5%€512k▼ 30.9%€17k▼ 96.7%€50k▲ 191%
2022: €513k
2023: €741k▲ +44.5% vs 2022highest value
2024: €512k▼ -30.9% vs 2023
2025: €17k▼ -96.7% vs 2024lowest value
2025: €50k
Net result€491k-€677k▲ 38.0%€453k▼ 33.1%€14k▼ 96.9%€136k▲ 879%
2022: €491k
2023: €677k▲ +38.0% vs 2022highest value
2024: €453k▼ -33.1% vs 2023
2025: €14k▼ -96.9% vs 2024lowest value
2025: €136k
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2025 as the grey bar beneath
Assets €5.68M
Fixed assets
€3.80M ▲ 0.5%
Current assets
€1.88M ▲ 4.8%
Equity and liabilities €5.68M
Equity
€5.28M ▲ 0.7%
Debt
€396k ▲ 21.0%
Debt's share of the balance-sheet total rises from 5.9% to 7.0%. Equity and debt are higher.
Key figures and ratios
ROE
2.6%▲
2025 · 0.3%
ROA
2.4%▲
2025 · 0.2%
Debt ≤ 1 year
€335k▲
2025 · €263k
Debt > 1 year
€58k▼
2025 · €62k
Income taxes
€13k▲
2025 · €6k
Staff costs
€63k▼
2025 · €341k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2025 · 71 lines
Balance sheet
Code20252025
Assets
Total assets20/58€5.57M€5.68M▲
Fixed assets21/28€3.78M€3.80M▲
Tangible fixed assets22/27€2.05M€2.07M▲
Land and buildings22€1.96M€1.99M▲
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€83k€79k▼
Financial fixed assets28€1.73M€1.73M=
Affiliated companies280/1€1.73M€1.73M=
Participating interests280€1.73M€1.73M=
Current assets29/58€1.79M€1.88M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€604k€566k▼
Trade receivables40€261k€137k▼
Other amounts receivable41€343k€430k▲
Current investments50/53€113k€113k=
Other investments51/53€113k€113k=
Cash at bank and in hand54/58€1.08M€1.20M▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€5.57M€5.68M▲
Equity10/15€5.25M€5.28M▲
Contributions10/11€512k€62k▼
Capital10€512k€62k▼
Issued capital100€512k€62k▼
Reserves13€4.73M€5.22M▲
Non-distributable reserves130/1€51k€51k=
Legal reserve130€51k€51k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€4.66M€5.15M▲
Amounts payable17/49€327k€396k▲
Amounts payable after more than one year17€62k€58k▼
Financial debts170/4€62k€58k▼
Credit institutions173€61k€57k▼
Other loans174€940€940=
Amounts payable within one year42/48€263k€335k▲
Current portion of amounts payable after more than one year42€14k€14k▲
Trade debts44€131k€116k▼
Suppliers440/4€131k€116k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€92k€79k▼
Taxes450/3€33k€37k▲
Remuneration and social security454/9€59k€41k▼
Other amounts payable47/48€26k€126k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20252025
Operating income70/76A€644k€177k▼
Turnover70€633k€175k▼
Other operating income74€10k€2k▼
Operating charges60/66A€627k€127k▼
Services and other goods61€186k€35k▼
Remuneration, social security and pensions62€341k€63k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98k€29k▼
Other operating charges640/8€2k€0▼
Operating profit (loss)9901€17k€50k▲
Financial income75/76B€5k€100k▲
Recurring financial income75€5k€100k▲
Income from financial fixed assets750-€100k
Income from current assets751€5k€0▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Debt charges650€2k€1k▼
Other financial charges652/9€59€24▼
Profit (loss) for the period before taxes9903€20k€149k▲
Income taxes67/77€6k€13k▲
Taxes670/3€6k€13k▲
Profit (loss) for the period9904€14k€136k▲
Profit (loss) for the period to be appropriated9905€14k€136k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€136k▲
Transfer to equity691/2€13k€136k▲
To other reserves6921€13k€136k▲
Profit to be distributed694/7€905€0▼
Return on contributions (dividend)694€905€0▼
Social balance
Average headcount (FTE)90874.14.5▲
The notes to these accounts (52 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €644k | €177k | - |
| Turnover70 | - | - | - | €633k | €175k | - |
| Other operating income74 | - | - | - | €10k | €2k | - |
| Non-recurring operating income76A | - | €4k | - | - | - | - |
| Operating charges60/66A | - | - | - | €627k | €127k | - |
| Services and other goods61 | - | - | - | €186k | €35k | - |
| Remuneration, social security and pensions62 | €181k | €242k | €260k | €341k | €63k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60k | €78k | €91k | €98k | €29k | - |
| Other operating charges640/8 | €1k | €2k | €2k | €2k | €0 | - |
| Gross operating margin9900 | €756k | €1.06M | €866k | - | - | - |
| Operating profit (loss)9901 | €513k | €741k | €512k | €17k | €50k | - |
| Financial income75/76B | - | - | - | €5k | €100k | - |
| Recurring financial income75 | - | - | - | €5k | €100k | - |
| Income from financial fixed assets750 | - | - | - | - | €100k | - |
| Income from current assets751 | - | - | - | €5k | €0 | - |
| Financial charges65/66B | €23 | €26 | €24 | €2k | €1k | - |
| Recurring financial charges65 | €23 | €26 | €24 | €2k | €1k | - |
| Debt charges650 | - | - | - | €2k | €1k | - |
| Other financial charges652/9 | - | - | - | €59 | €24 | - |
| Profit (loss) for the period before taxes9903 | €513k | €741k | €512k | €20k | €149k | - |
| Income taxes67/77 | €22k | €64k | €59k | €6k | €13k | - |
| Taxes670/3 | - | - | - | €6k | €13k | - |
| Profit (loss) for the period9904 | €491k | €677k | €453k | €14k | €136k | - |
| Profit (loss) for the period to be appropriated9905 | €491k | €677k | €453k | €14k | €136k | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.20M | €4.94M | €5.35M | €5.57M | €5.68M | - |
| Fixed assets21/28 | €2.80M | €3.43M | €3.50M | €3.78M | €3.80M | - |
| Tangible fixed assets22/27 | €1.07M | €1.70M | €1.78M | €2.05M | €2.07M | - |
| Land and buildings22 | €1.06M | €1.70M | €1.77M | €1.96M | €1.99M | - |
| Plant, machinery and equipment23 | €8k | €4k | €1k | €2k | €2k | - |
| Furniture and vehicles24 | - | €2k | €2k | €83k | €79k | - |
| Financial fixed assets28 | €1.73M | €1.73M | €1.73M | €1.73M | €1.73M | - |
| Affiliated companies280/1 | - | - | - | €1.73M | €1.73M | - |
| Participating interests280 | - | - | - | €1.73M | €1.73M | - |
| Current assets29/58 | €1.41M | €1.51M | €1.85M | €1.79M | €1.88M | - |
| Stocks and contracts in progress3 | - | - | - | €0 | €0 | - |
| Amounts receivable within one year40/41 | €491k | €558k | €620k | €604k | €566k | - |
| Trade receivables40 | €119k | €224k | €281k | €261k | €137k | - |
| Other amounts receivable41 | €373k | €333k | €339k | €343k | €430k | - |
| Current investments50/53 | - | - | - | €113k | €113k | - |
| Other investments51/53 | - | - | - | €113k | €113k | - |
| Cash at bank and in hand54/58 | €914k | €954k | €1.23M | €1.08M | €1.20M | - |
| Deferred charges and accrued income490/1 | - | - | - | €2k | €2k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.20M | €4.94M | €5.35M | €5.57M | €5.68M | - |
| Equity10/15 | €4.10M | €4.78M | €5.23M | €5.25M | €5.28M | - |
| Contributions10/11 | €512k | €512k | €512k | €512k | €62k | - |
| Capital10 | €512k | €512k | €512k | €512k | €62k | - |
| Issued capital100 | €512k | €512k | €512k | €512k | €62k | - |
| Reserves13 | €3.59M | €4.27M | €4.72M | €4.73M | €5.22M | - |
| Non-distributable reserves130/1 | €51k | €51k | €51k | €51k | €51k | - |
| Legal reserve130 | €51k | €51k | €51k | €51k | €51k | - |
| Tax-exempt reserves132 | €19k | - | - | €19k | €19k | - |
| Distributable reserves133 | €3.52M | €4.22M | €4.67M | €4.66M | €5.15M | - |
| Amounts payable17/49 | €99k | €164k | €119k | €327k | €396k | - |
| Amounts payable after more than one year17 | - | - | - | €62k | €58k | - |
| Financial debts170/4 | - | - | - | €62k | €58k | - |
| Credit institutions173 | - | - | - | €61k | €57k | - |
| Other loans174 | - | - | - | €940 | €940 | - |
| Amounts payable within one year42/48 | €99k | €164k | €118k | €263k | €335k | - |
| Current portion of amounts payable after more than one year42 | - | - | - | €14k | €14k | - |
| Trade debts44 | - | €15k | €16k | €131k | €116k | - |
| Suppliers440/4 | - | €15k | €16k | €131k | €116k | - |
| Advances received on contracts in progress46 | €940 | €940 | €940 | €0 | - | - |
| Taxes, remuneration and social security45 | €73k | €118k | €76k | €92k | €79k | - |
| Taxes450/3 | €50k | €80k | €38k | €33k | €37k | - |
| Remuneration and social security454/9 | €23k | €38k | €39k | €59k | €41k | - |
| Other amounts payable47/48 | €25k | €30k | €25k | €26k | €126k | - |
| Accrued charges and deferred income492/3 | - | €83 | €186 | €2k | €2k | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €491k | €677k | €453k | €14k | €136k | - |
| + Depreciation and write-downs630 | €60k | €78k | €91k | €98k | €29k | - |
| Operating cash flow (approximation) | €551k | €755k | €544k | €111k | €165k | - |
| Investment in fixed assets (approximation) | - | €-714k | €-164k | €-372k | - | - |
| Change in cash | - | €40k | €272k | €-151k | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Weakest financial yearnet €14k ▼96.9%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
2024
02-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Equity above €5MEq €5.23M ▲9.5%
6 profitable years in a row build equity to €5.23M.
2023
15-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2019net €677k ▲38%
Operating result €741k, net result €677k, both a record.
2022
20-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
21-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Liquidity times 5current ratio 9.22
Current ratio from 1.93 to 9.22; short-term debt falls from €501k to €120k.
2019
06-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Zwevegem · 1 establishment unit since 2002
Ground area
5,369 m²
Building footprint
8,011 m²
Volume, LiDAR
42,332 m³
Parcel 34030A0479/00E000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FELTRON NV
since 20022.095.811.494
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34030A0479/00E000 | Flanders | 5,369 m² | 1 · 8,010 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 · 3 entries · 405 EUR awarded · 405 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 135 EUR | 135 EUR |
| 2024 | 1 | 135 EUR | 135 EUR |
| 2023 | 1 | 135 EUR | 135 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,766. 7,960 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded26-12-2001
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.