FTL MGT
ActiveFTL MGT has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €44k. Its solvency ranks better than 50% of 31616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+7
Solvency81▲+34
Growth78
Track record82
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.18 against 0.72 in 2024; short-term debt: 44.5% and cash: 79.9% of total assets), and 44.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
55.5%
Return on assets
38.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
27 d late
2024
128 d early
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€0
Total assets
€113k▲ 31.1%
2024 · €86k
2024: €86k
2024 → 2025
Net result
€44k▲ 160%
2024 · €17k
2024: €17k
2024 → 2025
Working capital
€59k
2024 · €-19k
2024: €-19k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Turnover€0
Equity€19k-€63k▲ 232%
Operating result€22k-€63k▲ 184%
Net result€17k-€44k▲ 160%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 184% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113k
Fixed assets
€3k▼ 90.7%
Current assets
€109k▲ 125%
Equity and liabilities €113k
Equity
€63k▲ 232%
Debt
€50k▼ 25.4%
The debt ratio falls from 78.1% to 44.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€64k▲
2024 · €25k
Cash flow
€45k▲
2024 · €19k
Solvency
55.5%▲
2024 · 21.9%
Current ratio
2.18▲
2024 · 0.72
Quick ratio
2.18▲
2024 · 0.72
Debt / equity
0.80▼
2024 · 3.57
ROE
69.9%▼
2024 · 89.4%
ROA
38.8%▲
2024 · 19.6%
Interest coverage
15.12▼
2024 · 283.11
Debt
€50k▼
2024 · €67k
Debt ≤ 1 year
€50k▼
2024 · €67k
Income taxes
€15k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€86k€113k▲
Fixed assets21/28€37k€3k▼
Tangible fixed assets22/27€37k€3k▼
Furniture and vehicles24€37k€3k▼
Current assets29/58€49k€109k▲
Amounts receivable within one year40/41€16k€16k▼
Trade receivables40€16k€15k▼
Other amounts receivable41-€676
Cash at bank and in hand54/58€31k€90k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€86k€113k▲
Equity10/15€19k€63k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€17k€61k▲
Amounts payable17/49€67k€50k▼
Amounts payable within one year42/48€67k€50k▼
Trade debts44€23€2k▲
Suppliers440/4€23€2k▲
Taxes, remuneration and social security45€11k€3k▼
Taxes450/3€11k€3k▼
Other amounts payable47/48€56k€46k▼
Income statement
Code20242025
Turnover70-€0
Goods, raw materials, services and sundry goods60/61-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€952▼
Other operating charges640/8€1k€11k▲
Gross operating margin9900€26k€75k▲
Operating profit (loss)9901€22k€63k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€88€4k▲
Recurring financial charges65€88€4k▲
Profit (loss) for the period before taxes9903€22k€59k▲
Income taxes67/77€5k€15k▲
Profit (loss) for the period9904€17k€44k▲
Profit (loss) for the period to be appropriated9905€17k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€61k▲
Profit (loss) brought forward from the previous period14P-€17k
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 2.18
Current ratio from 0.72 to 2.18; short-term debt falls from €67k to €50k.
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Liège · 1 establishment unit since 2024
Ground area
548 m²
Building footprint
82 m²
Volume, LiDAR
534 m³
Parcel 62023A0209/00L011, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FTL MGT
since 20242.364.971.351
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62023A0209/00L011 | Wallonia | 548 m² | 1 · 82 m² | 8.1 m · 2 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.
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 39,183 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-2024
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.