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Complete company report
Generated 06-08-2026
Active BE 0460.392.880Private limited company (pre-2019)Open bankruptcy

FELVES

Grauwmeer 1 ·3001 Leuven, Belgium· 29 yrs active
Conclusion Checked

A bankruptcy procedure is open for FELVES according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-1.20M) and a net result of €-3.15M.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €-1.20M
Net result €-3.15M
Active 29 yrs
Publications 2
Snowflake analysis 5 axes · computed by Checked
Health0Profitability100Solvency33Growth32Stability0
33 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 100
Solvency 33
Growth 32
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2022 · computed
0 / 100 Critical
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 26-02-2025 with the NBB · fiscal year 2023 · micro
€-4.00M€-2.00M€0€2.00MOperating result 2018: €370k€370kNet result 2018: €1.43M€1.43MOperating result 2022: €-2.15M€-2.15MNet result 2022: €-3.15M€-3.15M20182022
Operating resultNet result
EBITDA
€410k
- 18-22
Net profit
€-3.15M
- 18-22
Cash flow
€1.47M
- 18-22
Total assets
€14
-100.0% 18-22
Equity
€-1.20M
- 18-22
Working capital
€-792k
-1489.6% 18-22
Income taxes
€1.12M
- 18-22
Debt
€1.20M
-21.9% 18-22
Debt ≤ 1y
€792k
+1442.9% 18-22
Debt > 1y
€404k
-72.7% 18-22
Current ratio
0.00
-99.9% 18-22
Quick ratio
0.00
-99.9% 18-22
Solvency
-8544040.5%
- 18-22
Debt / equity
-1.00
- 18-22
ROE
263.0%
+270.9% 18-22
ROA
-22468583.8%
- 18-22
Figures by fiscal year
Fiscal year2022
Revenue-
EBITDA-
Net profit€-3.15M
Cash flow-
Staff costs-
Income taxes€1.12M
Dividends-
Total assets€14
Equity€-1.20M
Debt€1.20M
of which ≤ 1y€792k
of which > 1y€404k
Working capital€-792k
Employees (FTE)-
Ratios (computed)
2022
Current ratio0.00
Quick ratio0.00
Working capital ratio-5657307.1%
Solvency-8544040.5%
Debt / equity-1.00
Long-term debt ratio-0.34
Interest coverage-
Gross margin-
Net margin-
ROA-22468583.8%
ROE263.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€14
Current assets 29/58€14
Cash & bank 54/58€14
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€14
Equity 10/15€-1.20M
Contributions / capital 10/11€19k
Reserves 13€34k
Accumulated profits (losses) 14€-1.25M
Amounts payable 17/49€1.20M
Amounts payable after one year 17€404k
Amounts payable within one year 42/48€792k
Trade debts payable within one year 44€1k
Income statement
Gross operating margin 9900€794k
Operating result 9901€-2.15M
Financial charges 65€2k
Result before taxes 9903€-2.15M
Income taxes 67/77€1.12M
Net result for the period 9904€-3.15M
Result to be appropriated 9905€-2.89M
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates2 persons
Role Name Tenure Source
Curator KARL VANSTIPELEN
STATIONSSTRAAT 108 A, 3400 LANDEN
 23-01-2025 → present Belgian State Gazette
Curator WINNY TIRMARCHE
STATIONSSTRAAT 108, 3400 LANDEN-
 23-01-2025 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation04-04-1997
StatusActive
Postal code3001
First BS signal 29-01-2025
Latest BS signal 29-01-2025
Company structure, linked entities2 linked entities
FELVESBE 0460.392.880KARL VANSTIPELENReceiver ↔ 245Safety & Spray Te…Tuinwerken Vanfro…DOLO COMPANYWINNY TIRMARCHEReceiver
Mandates
↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24514B0181/00Z000 Flanders 2,588 m² - -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
26-02-2025
NBB filing Annual accounts filed
fiscal year 2023 · micro
29-01-2025
Bankruptcy Opening
Ondernemingsrechtbank Leuven · FELVES BVBA GRAUW- MEER 1/69, 3001 HEVERLEE · event 23-01-2025
2023
22-05-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
09-11-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
07-10-2022
State Gazette act Director changes
correction
2021
14-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
15-04-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
26-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
16-10-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
20-09-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
14-04-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
2015
11-06-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
Lifecycle & Insolvency Signals 1 events
29-01-2025
Bankruptcy Opening
Date: 23-01-2025 · Ondernemingsrechtbank Leuven · FELVES BVBA GRAUW- MEER 1/69, 3001 HEVERLEE · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-01-29 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 3 years ago
2022
07-10-2022 2 directors appointed, 4 resigning Director changescorrection
  • Barthels Lucien, Bestuurder
  • Thijssen Simone, Bestuurder
  • Barthels Ives, Bestuurder
  • Barthels Felicia, Bestuurder
  • Simone Thijssen, Bestuurder
  • Simone Thijssen, Vaste vertegenwoordiger
Technical details 
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL FELVES
Registered office
Grauwmeer 1 bus 69
3001 Leuven, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative