FOLUBEL
ActiveSummary
FOLUBEL has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88k and a net result of €-12k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 78% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-54
Solvency93▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.21 against 3.04 in 2024; short-term debt: 27.4% of total assets), and 31.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.2%
Return on assets
-9.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
43 d late
2023
12 d late
2022
65 d late
2021
5 d late
2020
25 d late
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€99k
EBIT margin
-12.1%
Net result
€-12k
2024 · €2k
2018: €2k
2019: €2k
2020: €12k
2021: €21k
2022: €20k
2023: €5k
2024: €2k
2018 → 2025
Working capital
€78k▼ 9.0%
2024 · €86k
2018: €34k
2019: €38k
2020: €50k
2021: €58k
2022: €77k
2023: €82k
2024: €86k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€99k
Equity€73k-€93k▲ 27.8%€98k▲ 5.5%€100k▲ 1.6%€88k▼ 12.0%
Operating result€26k-€26k▼ 0.3%€7k▼ 74.0%€3k▼ 60.5%€-12k
Net result€21k-€20k▼ 3.4%€5k▼ 74.6%€2k▼ 69.0%€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12k after €3k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €129k
Fixed assets
€15k ▼ 34.1%
Current assets
€114k ▼ 11.3%
Equity and liabilities €129k
Equity
€88k ▼ 12.0%
Debt
€41k ▼ 20.4%
Debt's share of the balance-sheet total falls from 34.0% to 31.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€370▼
2024 · €14k
Cash flow
€357▼
2024 · €13k
Current ratio
3.21▲
2024 · 3.04
Quick ratio
2.11▼
2024 · 2.15
Debt to equity
0.47▼
2024 · 0.51
ROE
-13.6%▼
2024 · 1.6%
ROA
-9.3%▼
2024 · 1.1%
Interest coverage
0.65▼
2024 · 21.10
Debt ≤ 1 year
€35k▼
2024 · €42k
Debt > 1 year
€6k▼
2024 · €9k
Income taxes
€0▼
2024 · €400
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 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€152k€129k▼
Formation expenses20€0€0=
Fixed assets21/28€23k€15k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€23k€15k▼
Plant, machinery and equipment23€12k€12k▼
Furniture and vehicles24€0€706▲
Leasing and similar rights25€11k€3k▼
Other tangible fixed assets26€0€0=
Current assets29/58€128k€114k▼
Stocks and contracts in progress3€37k€39k▲
Stocks30/36€37k€39k▲
Amounts receivable within one year40/41€88k€74k▼
Trade receivables40€86k€71k▼
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€2k-
Deferred charges and accrued income490/1€797€913▲
Equity and liabilities
Total equity and liabilities10/49€152k€129k▼
Equity10/15€100k€88k▼
Contributions10/11€13k€13k=
Reserves13€87k€75k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€85k€73k▼
Amounts payable17/49€51k€41k▼
Amounts payable after more than one year17€9k€6k▼
Financial debts170/4€9k€6k▼
Amounts payable within one year42/48€42k€35k▼
Current portion of amounts payable after more than one year42€4k€4k▲
Financial debts43-€2k
Other loans439-€2k
Trade debts44€19k€11k▼
Suppliers440/4€19k€11k▼
Advances received on contracts in progress46-€0
Taxes, remuneration and social security45€2k€400▼
Taxes450/3€2k€400▼
Remuneration and social security454/9€0-
Other amounts payable47/48€18k€18k▲
Income statement
Code20242025
Turnover70-€99k
Goods, raw materials, services and sundry goods60/61-€102k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€977€838▼
Gross operating margin9900€15k€1k▼
Operating profit (loss)9901€3k€-12k▼
Financial income75/76B€39€555▲
Recurring financial income75€39€555▲
Financial charges65/66B€677€568▼
Recurring financial charges65€677€568▼
Profit (loss) for the period before taxes9903€2k€-12k▼
Income taxes67/77€400€0▼
Profit (loss) for the period9904€2k€-12k▼
Profit (loss) for the period to be appropriated9905€2k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-12k▼
Transfer from equity791/2-€12k
Transfer to equity691/2€2k€0▼
To the legal reserve6920€2k-
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
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-12k ▼848%
Net result drops to €-12k, the lowest in the series.
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 43 days late
2024
31-12
Financial
Equity above €100kEq €100k ▲1.6%
7 profitable years in a row build equity to €100k.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 65 days late
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-12
Financial
Highest result since 2018net €21k ▲81.8%
Operating result €26k, net result €21k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Nassogne · 1 establishment unit since 1989
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.
Rue des Alliés,Forrières 376953 NassogneGround area
298 m²
Building footprint
113 m²
Volume, LiDAR
1,027 m³
Parcel 83015A0155/03F000, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FOLUBEL
since 19892.042.772.191
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83015A0155/03F000 | Wallonia | 298 m² | 1 · 113 m² | 10.5 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
Ash Group
BE 0640.868.508
Londerzeel · Eq €88,039
KICHALOU
BE 0449.638.946
Mont-Saint-Guibert · Eq €88,571
Batyhome
BE 0697.869.468
Anderlecht · Eq €87,269
FOX ACCESSORIES
BE 1028.845.841
Ciney · Eq €87,269
KOUGROUP
BE 0765.552.011
Zaventem · Eq €86,921
Of 1,719 companies in sector 47521 we hold annual accounts for 1,288. 802 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded30-03-1989
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.