Flämischer Bau Service
ActiveSummary
The computed 12-month bankruptcy probability of Flämischer Bau Service is 2.1% (moderate). The 2025 annual accounts show equity of €225k and a net result of €5k. Equity is shrinking by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 33% of 830 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+24
Solvency46▲+3
Growth32=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.85 against 0.72 in 2024; short-term debt: 66.4% and cash: 7.7% of total assets), and 78.6% 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+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
21.4%
Return on assets
0.4%
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 16-07-2026, 15 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
15 d early
2024
55 d late
2023
7 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5k
2024 · €-61k
2023: €81k
2024: €-61k
2023 → 2025
Working capital
€-102k▲ 56.4%
2024 · €-234k
2023: €-247k
2024: €-234k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€281k-€220k▼ 21.7%€225k▲ 2.1%
Operating result€64k-€-32k€15k
Net result€81k-€-61k€5k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €15k after a loss of €32k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.05M
Fixed assets
€455k ▼ 29.0%
Current assets
€595k ▼ 1.3%
Equity and liabilities €1.05M
Equity
€225k ▲ 2.1%
Debt
€826k ▼ 19.4%
Debt's share of the balance-sheet total falls from 82.3% to 78.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€230k▲
2024 · €170k
Cash flow
€219k▲
2024 · €142k
Current ratio
0.85▲
2024 · 0.72
Quick ratio
0.61▲
2024 · 0.49
Debt to equity
3.67▼
2024 · 4.65
ROE
2.1%▲
2024 · -27.7%
ROA
0.4%▲
2024 · -4.9%
Interest coverage
7.06▲
2024 · 3.85
Debt ≤ 1 year
€698k▼
2024 · €838k
Debt > 1 year
€123k▼
2024 · €180k
Income taxes
€403▼
2024 · €415
Staff costs
€7k▲
2024 · €6k
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 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.24M€1.05M▼
Fixed assets21/28€642k€455k▼
Tangible fixed assets22/27€642k€455k▼
Plant, machinery and equipment23€213k€147k▼
Furniture and vehicles24€87k€92k▲
Leasing and similar rights25€341k€217k▼
Current assets29/58€603k€595k▼
Stocks and contracts in progress3€192k€170k▼
Stocks30/36€12k€31k▲
Contracts in progress37€180k€139k▼
Amounts receivable within one year40/41€352k€314k▼
Trade receivables40€318k€256k▼
Other amounts receivable41€34k€58k▲
Cash at bank and in hand54/58€40k€81k▲
Deferred charges and accrued income490/1€19k€32k▲
Equity and liabilities
Total equity and liabilities10/49€1.24M€1.05M▼
Equity10/15€220k€225k▲
Contributions10/11€200k€200k=
Capital10€200k€200k=
Issued capital100€200k€200k=
Reserves13€4k€4k▲
Non-distributable reserves130/1€4k€4k▲
Legal reserve130€4k€4k▲
Profit (loss) carried forward14€16k€21k▲
Amounts payable17/49€1.02M€826k▼
Amounts payable after more than one year17€180k€123k▼
Financial debts170/4€180k€123k▼
Amounts payable within one year42/48€838k€698k▼
Current portion of amounts payable after more than one year42€94k€57k▼
Financial debts43€500k€500k=
Credit institutions430/8€500k€500k=
Trade debts44€195k€132k▼
Suppliers440/4€195k€132k▼
Taxes, remuneration and social security45€48k€9k▼
Taxes450/3€37k€8k▼
Remuneration and social security454/9€11k€842▼
Other amounts payable47/48€165€165=
Accrued charges and deferred income492/3€7k€6k▼
Income statement
Code20242025
Non-recurring operating income76A€10k-
Remuneration, social security and pensions62€6k€7k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€203k€215k▲
Other operating charges640/8€5k€5k▼
Non-recurring operating charges66A€33k€30▼
Gross operating margin9900€214k€242k▲
Operating profit (loss)9901€-32k€15k▲
Financial income75/76B€16k€23k▲
Recurring financial income75€16k€23k▲
Financial charges65/66B€44k€33k▼
Recurring financial charges65€44k€33k▼
Profit (loss) for the period before taxes9903€-61k€5k▲
Income taxes67/77€415€403▼
Profit (loss) for the period9904€-61k€5k▲
Profit (loss) for the period to be appropriated9905€-61k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€21k▲
Profit (loss) brought forward from the previous period14P€77k€16k▼
Transfer to equity691/2-€235
To the legal reserve6920-€235
Social balance
Average headcount (FTE)90870.10.4▲
The notes to these accounts (7 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 55 days late
2024
31-12
Financial
Weakest financial yearnet €-61k ▼175%
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Puurs-Sint-Amands · 2 establishment units since 2022
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.
Nijverheidstraat 5A2870 Puurs-Sint-AmandsGround area
3.3 ha
Building footprint
6,601 m²
Volume, LiDAR
14,173 m³
2 parcels, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Nijverheidstraat 5, 2870 Puurs-Sint-Amands
since 20222.329.926.142
Am Heidborn 1, 4760 Büllingen
since 20232.339.774.711
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12032B0652/00A000 | Flanders | 1.9 ha | 1 · 5,761 m² | 10.9 m |
| 12032B0655/00K000 | Flanders | 1.4 ha | 1 · 840 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,451 companies in sector 41003 we hold annual accounts for 1,054. 705 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 formPublic limited company
Founded31-03-2022
Fiscal year end31-12
Abbreviation NL
FBS
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
41002Construction of residential and non-residential buildings
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.