FELVES
Open bankruptcyA bankruptcy procedure is open for FELVES according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-1.21M) and a net result of €-15k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2023, micro schema
Equity
€-1.21M▼ 1.2%
2022 · €-1.20M
2018: €2.02M
2019: €1.98M
2020: €2.02M
2021: €1.95M
2022: €-1.20M
2018 → 2023
Total assets
€4▼ 70.6%
2022 · €14
2018: €3.83M
2019: €3.79M
2020: €3.76M
2021: €3.73M
2022: €14
2018 → 2023
Net result
€-15k▲ 99.5%
2022 · €-3.15M
2018: €134k
2019: €-41k
2020: €34k
2021: €-66k
2022: €-3.15M
2018 → 2023
Working capital
€-791k▲ 0.1%
2022 · €-792k
2018: €-50k
2019: €-11k
2020: €-74k
2021: €-46k
2022: €-792k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€1.98M-€2.02M▲ 1.7%€1.95M▼ 3.3%€-1.20M€-1.21M▼ 1.2%
Operating result€-42k-€-90k▼ 113%€-70k▲ 22.0%€-2.15M▼ 2,956%€-14k▲ 99.3%
Net result€-41k-€34k€-66k€-3.15M▼ 4,654%€-15k▲ 99.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2023 against €2.15M in 2022; the loss shrinks.
Key figures and ratios
Debt
€1.21M▲
2022 · €1.20M
Debt ≤ 1 year
€791k▼
2022 · €792k
Debt > 1 year
€420k▲
2022 · €404k
Ratios withheld: a balance sheet total of €4 is too small for a meaningful ratio.
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€14€4▼
Current assets29/58€14€4▼
Cash at bank and in hand54/58€14€4▼
Equity and liabilities
Total equity and liabilities10/49€14€4▼
Equity10/15€-1.20M€-1.21M▼
Contributions10/11€19k€19k=
Reserves13€34k€34k=
Non-distributable reserves130/1€15k€15k=
Reserves not available under the articles1311€15k€15k=
Tax-exempt reserves132€19k€19k=
Profit (loss) carried forward14€-1.25M€-1.26M▼
Amounts payable17/49€1.20M€1.21M▲
Amounts payable after more than one year17€404k€420k▲
Other amounts payable178/9€404k€420k▲
Amounts payable within one year42/48€792k€791k▼
Trade debts44€1k-
Suppliers440/4€1k-
Taxes, remuneration and social security45€791k€791k=
Taxes450/3€791k€791k=
Income statement
Code20222023
Non-recurring operating income76A€882k-
Other operating charges640/8€2k-
Non-recurring operating charges66A€2.94M-
Gross operating margin9900€794k€-14k▼
Operating profit (loss)9901€-2.15M€-14k▲
Financial charges65/66B€2k€249▼
Recurring financial charges65€2k€249▼
Profit (loss) for the period before taxes9903€-2.15M€-15k▲
Transfer from deferred taxes780€132k-
Income taxes67/77€1.12M-
Profit (loss) for the period9904€-3.15M€-15k▲
Transfer from tax-exempt reserves789€257k-
Profit (loss) for the period to be appropriated9905€-2.89M€-15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.25M€-1.26M▼
Profit (loss) brought forward from the previous period14P€1.64M€-1.25M▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 241 days late
29-01
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · FELVES BVBA GRAUW- MEER 1/69, 3001 HEVERLEE · event 23-01-2025
2023
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-11
Financial
Weakest financial yearnet €-3.15M
Net result drops to €-3.15M, the lowest in the series.
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 132 days late
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 14 days late
2020
30-11
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
30-11
Financial
Equity above €2MEq €2.02M ▲1.7%
Equity rises from €1.98M to €2.02M.
15-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
16-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 108 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 82 days late
2016
14-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
11-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Leuven
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.
Grauwmeer 13001 LeuvenGround area
2,588 m²
Parcel 24514B0181/00Z000, Flanders. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514B0181/00Z000 | Flanders | 2,588 m² | - | - |
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | KARL VANSTIPELEN STATIONSSTRAAT 108 A,
3400 LANDEN |
23-01-2025 → present |
| Curator | WINNY
TIRMARCHE STATIONSSTRAAT 108, 3400 LANDEN- |
23-01-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-04-1997
Fiscal year end30-11
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.