FLB
ActiveSummary
The computed 12-month bankruptcy probability of FLB is 1.7% (moderate). The 2024 annual accounts show equity of €150k and a net result of €65k. Equity is growing by ~84.4% per year across the filed fiscal years. Its solvency ranks better than 53% of 637 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+8
Solvency90▲+45
Growth78=
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity ample (current ratio 2.67 against 1.18 in 2023; short-term debt: 34.5% and cash: 25.3% of total assets), and 34.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Sector 72
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
120 d late
2023
61 d late
2022
45 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€150k▲ 75.5%
2023 · €85k
2022: €6k
2023: €85k
2022 → 2024
Total assets
€229k▼ 45.9%
2023 · €423k
2022: €111k
2023: €423k
2022 → 2024
Net result
€65k▼ 19.0%
2023 · €80k
2022: €4k
2023: €80k
2022 → 2024
Working capital
€132k▲ 113%
2023 · €62k
2022: €6k
2023: €62k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€6k-€85k▲ 1,381%€150k▲ 75.5%
Operating result€5k-€97k▲ 1,902%€75k▼ 22.6%
Net result€4k-€80k▲ 2,015%€65k▼ 19.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 23% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €229k
Fixed assets
€18k ▼ 24.1%
Current assets
€211k ▼ 47.1%
Equity and liabilities €229k
Equity
€150k ▲ 75.5%
Debt
€79k ▼ 76.6%
Debt's share of the balance-sheet total falls from 79.8% to 34.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€81k▼
2023 · €102k
Cash flow
€70k▼
2023 · €84k
Current ratio
2.67▲
2023 · 1.18
Debt to equity
0.53▼
2023 · 3.95
ROE
43.0%▼
2023 · 93.2%
ROA
28.2%▲
2023 · 18.8%
Interest coverage
56.99▼
2023 · 584.92
Debt ≤ 1 year
€79k▼
2023 · €337k
Income taxes
€17k▼
2023 · €20k
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 · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€423k€229k▼
Fixed assets21/28€23k€18k▼
Tangible fixed assets22/27€23k€18k▼
Plant, machinery and equipment23€23k€18k▼
Current assets29/58€399k€211k▼
Stocks and contracts in progress3€74k-
Stocks30/36€74k-
Amounts receivable within one year40/41€300k€153k▼
Trade receivables40€94k€3k▼
Other amounts receivable41€206k€151k▼
Cash at bank and in hand54/58€26k€58k▲
Equity and liabilities
Total equity and liabilities10/49€423k€229k▼
Equity10/15€85k€150k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€83k€148k▲
Amounts payable17/49€337k€79k▼
Amounts payable within one year42/48€337k€79k▼
Trade debts44€214k€19k▼
Suppliers440/4€214k€19k▼
Taxes, remuneration and social security45€21k€60k▲
Taxes450/3€21k€60k▲
Other amounts payable47/48€102k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8-€782
Gross operating margin9900€102k€82k▼
Operating profit (loss)9901€97k€75k▼
Financial income75/76B€3k€8k▲
Recurring financial income75€3k€8k▲
Financial charges65/66B€174€1k▲
Recurring financial charges65€174€1k▲
Profit (loss) for the period before taxes9903€100k€82k▼
Income taxes67/77€20k€17k▼
Profit (loss) for the period9904€80k€65k▼
Profit (loss) for the period to be appropriated9905€80k€65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€83k€148k▲
Profit (loss) brought forward from the previous period14P€4k€83k▲
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
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 120 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 2.67
Current ratio from 1.18 to 2.67; short-term debt falls from €337k to €79k.
31-12
Financial
Equity above €100kEq €150k ▲75.5%
3 profitable years in a row build equity to €150k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Highest result since 2022net €80k ▲2015%
Operating result €97k, net result €80k, both a record.
14-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 45 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, Vorst · 1 establishment unit since 2021
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.
G. Van Haelenlaan 821190 VorstGround area
127 m²
Building footprint
76 m²
Volume, LiDAR
1,148 m³
Parcel 21007A0097/00B006, Brussels · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
FLB
since 20212.322.804.164
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0097/00B006 | Brussels | 127 m² | 1 · 76 m² | 18.9 m · 5 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
VSB SOLUTIONS CONSULTING
BE 0803.405.468
Ecaussinnes · Eq €150k
LISBON COUNCIL RESEARCH
BE 0699.715.438
Brussel · Eq €141k
Dr. Lieselot De Bleeckere, Huisarts
BE 0734.906.444
Oudenaarde · Eq €159k
FP-KOMPAS
BE 0783.466.129
Beveren-Kruibeke-Zwijndrecht · Eq €137k
LabOmics
BE 0808.150.649
Nivelles · Eq €170k
Of 423 companies in sector 72200 we hold annual accounts for 145. 114 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
Founded21-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
72200Scientific research and development
41001General construction of residential buildings
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.