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Floortec

Active
KBO/BCE: BE 0798.087.492
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age3 yrs
Board1
Connections17

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Floortec is 3.1% (moderate). The 2024 annual accounts show equity of €20k and a net result of €18k. Its solvency ranks better than 17% of 11087 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Signals

1 signal · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 11087 sector peers (2024).
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
3.1% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€18k
Working capital€-12k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 31-12-2024 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 11.0% 40.9%
better than 17% of 11087 sector peers
Net result €18k €11k
better than 61% of 11069 sector peers
Equity €20k €34k
better than 34% of 11090 sector peers
Gross operating margin €86k €35k
better than 78% of 11060 sector peers
Staff costs €46k €25k
higher than 64% of 4038 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenue-
EBITDA€38k
Net profit€18k
Cash flow€24k
Staff costs€46k
Income taxes€10k
Dividends-
Total assets€179k
Equity€20k
Debt€160k
of which ≤ 1y€132k
of which > 1y€28k
Working capital€-12k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.91
Quick ratio0.88
Working capital ratio-6.4%
Solvency11.0%
Debt / equity8.11
Long-term debt ratio1.42
Interest coverage9.01
Gross margin-
Net margin-
ROA10.1%
ROE92.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€179k
Fixed assets 21/28€59k
Tangible fixed assets 22/27€50k
Financial fixed assets 28€9k
Current assets 29/58€120k
Stocks & contracts in progress 3€5k
Amounts receivable within one year 40/41€100k
Cash & bank 54/58€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€179k
Equity 10/15€20k
Contributions / capital 10/11€2k
Reserves 13€18k
Amounts payable 17/49€160k
Amounts payable after one year 17€28k
Amounts payable within one year 42/48€132k
Trade debts payable within one year 44€98k
Income statement
Gross operating margin 9900€86k
Operating result 9901€32k
Financial income 75€442
Financial charges 65€4k
Result before taxes 9903€28k
Income taxes 67/77€10k
Net result for the period 9904€18k
Result to be appropriated 9905€18k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
48 / 100 Fair
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

2 directors
Current directors & mandates
  • Yasin Ozel
    Director
    State Gazette act 25023312 (14-02-2025)
    Current
    08-01-2025 → present
Former directors (1)
  • Adem Ozel
    Director
    State Gazette act 24384519 (03-04-2024)
    Former
    03-04-2024 → 08-01-2025
    2 events
    • 08-01-2025 Resigned· Director
    • 03-04-2024 Mandate renewed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit(43222)
Legal form Private limited company(610)
Incorporation03-02-2023
StatusActive
Postal code3540

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register
166 companies at this address See who is registered here

Establishment units

1 location
Steenweg 3, 3540 Herk-de-Stad
Algemene elektrotechnische installatiewerken
since 20232.344.309.262
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area5,956 m²
Buildings1
Building footprint357 m²

Real-estate footprint

Source: CBE × cadastre · address linking

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.
71003B0070/00Z004 Flanders 5,956 m² 1 · 357 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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

5 acts
Address history · 2
18-11-2025
v3.2
14-02-2025
v3.2
All acts · 5 updated 2 months ago
2026
26-05-2026 General meeting · Officer resignation · Officer discharge · Officer appointment Open-capture extraction
  • Filing: 2026-05-12 · FLOORTEС
  • Publication: 2026-05-26 · FLOORTEС
  • General meeting: 2026-03-02 · FLOORTEС
  • Officer resignation: date: 2026-03-02, role: bestuurder · Yasin Ozel
  • Officer discharge: date: 2026-03-02, role: bestuurder · Yasin Ozel
  • Officer appointment: date: 2026-03-02, role: bestuurder · Adem Ozel
  • Mandate compensation: onbezoldigd · Adem Ozel
  • Act object: ONTSLAG EN AANSTELLING BESTUURDER
Summary: General meeting · Officer resignation · Officer discharge · Officer appointment
2025
18-11-2025 Registered office moved from PAAL to Herk de Stad Registered-office change
  • INDUSTRIEWEG 27D, 3583 PAAL → Steenweg 3, 3540 Herk de Stad
Summary: v3.2
14-02-2025 Registered office moved from Ham to PAAL Registered-office change
  • Schipperstraat 5, 3945 Ham → Industrieweg 27, 3583 PAAL
Summary: v3.2
2024
03-04-2024 ÖZEL Adem reappointed as director Director changes
  • ÖZEL Adem, Bestuurder
Summary: v3.2
2023
07-02-2023 Incorporation of a new VZW Incorporation
Summary: oprichting

Analysis

Snowflake analysis

financial profile on 5 axes
Health48Profitability100Solvency17Growth-Stability79
61 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 48
Profitability 100
Solvency 17
Growth -
Stability 79

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Loodgieterswerk43221Sanitaire werkzaamheden43221
Primary activity highlighted.
Names & trade names
Legal nameNL Floortec
Registered office
Steenweg 3 bus 402
3540 Herk-de-Stad, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.