Beter Vloeren
ActiveSummary
Beter Vloeren has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €767k and a net result of €3k. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 84% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-1
Solvency100▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 5.2 against 3.92 in 2024; short-term debt: 14.4% and cash: 6.7% of total assets), and 24.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
75.5%
Return on assets
0.3%
Age of the figures
9 mo
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
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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
27 d late
2023
29 d early
2022
24 d late
2021
27 d early
2020
27 d late
2019
7 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€767k▲ 0.4%
2024 · €764k
2018: €218klowest in 8 years
2019: €347k▲ +58.9% vs 2018
2020: €479k▲ +38.2% vs 2019
2021: €649k▲ +35.6% vs 2020
2022: €807k▲ +24.3% vs 2021highest in 8 years
2023: €756k▼ -6.3% vs 2022
2024: €764k▲ +1.0% vs 2023
2025: €767k▲ +0.4% vs 2024
2018 → 2025
Total assets
€1.02M▼ 7.6%
2024 · €1.10M
2018: €326klowest in 8 years
2019: €519k▲ +59.3% vs 2018
2020: €655k▲ +26.1% vs 2019
2021: €804k▲ +22.8% vs 2020
2022: €1.10M▲ +36.7% vs 2021
2023: €1.11M▲ +0.8% vs 2022highest in 8 years
2024: €1.10M▼ -0.9% vs 2023
2025: €1.02M▼ -7.6% vs 2024
2018 → 2025
Net result
€3k▼ 59.6%
2024 · €7k
2018: €137k
2019: €128k▼ -6.0% vs 2018
2020: €132k▲ +3.0% vs 2019
2021: €170k▲ +28.8% vs 2020highest in 8 years
2022: €158k▼ -7.5% vs 2021
2023: €3k▼ -98.3% vs 2022lowest in 8 years
2024: €7k▲ +177% vs 2023
2025: €3k▼ -59.6% vs 2024
2018 → 2025
Working capital
€615k▲ 10.1%
2024 · €558k
2018: €132klowest in 8 years
2019: €198k▲ +49.9% vs 2018
2020: €313k▲ +58.4% vs 2019
2021: €463k▲ +48.0% vs 2020
2022: €589k▲ +27.1% vs 2021
2023: €569k▼ -3.4% vs 2022
2024: €558k▼ -1.8% vs 2023
2025: €615k▲ +10.1% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€649k-€807k▲ 24.3%€756k▼ 6.3%€764k▲ 1.0%€767k▲ 0.4%
2021: €649klowest in 5 years
2022: €807k▲ +24.3% vs 2021highest in 5 years
2023: €756k▼ -6.3% vs 2022
2024: €764k▲ +1.0% vs 2023
2025: €767k▲ +0.4% vs 2024
Operating result€247k-€228k▼ 7.7%€17k▼ 92.7%€23k▲ 38.5%€13k▼ 42.1%
2021: €247khighest in 5 years
2022: €228k▼ -7.7% vs 2021
2023: €17k▼ -92.7% vs 2022
2024: €23k▲ +38.5% vs 2023
2025: €13k▼ -42.1% vs 2024lowest in 5 years
Net result€170k-€158k▼ 7.5%€3k▼ 98.3%€7k▲ 177%€3k▼ 59.6%
2021: €170khighest in 5 years
2022: €158k▼ -7.5% vs 2021
2023: €3k▼ -98.3% vs 2022lowest in 5 years
2024: €7k▲ +177% vs 2023
2025: €3k▼ -59.6% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 42% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.02M
Fixed assets
€254k ▼ 27.3%
Current assets
€762k ▲ 1.6%
Equity and liabilities €1.02M
Equity
€767k ▲ 0.4%
Debt
€248k ▼ 25.9%
Debt's share of the balance-sheet total falls from 30.5% to 24.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€117k▲
2024 · €107k
Cash flow
€106k▲
2024 · €91k
Current ratio
5.20▲
2024 · 3.92
Quick ratio
2.27▲
2024 · 2.00
Debt to equity
0.32▼
2024 · 0.44
ROE
0.4%▼
2024 · 1.0%
ROA
0.3%▼
2024 · 0.7%
Interest coverage
12.12▲
2024 · 7.88
Debt ≤ 1 year
€146k▼
2024 · €191k
Debt > 1 year
€102k▼
2024 · €143k
Income taxes
€4k▲
2024 · €2k
Staff costs
€293▼
2024 · €13k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.10M€1.02M▼
Fixed assets21/28€349k€254k▼
Intangible fixed assets21€499€155▼
Tangible fixed assets22/27€342k€247k▼
Plant, machinery and equipment23€90k€52k▼
Furniture and vehicles24€86k€65k▼
Leasing and similar rights25€165k€130k▼
Financial fixed assets28€7k€7k=
Current assets29/58€750k€762k▲
Stocks and contracts in progress3€366k€429k▲
Stocks30/36€366k€351k▼
Contracts in progress37-€79k
Amounts receivable within one year40/41€294k€262k▼
Trade receivables40€253k€242k▼
Other amounts receivable41€41k€20k▼
Cash at bank and in hand54/58€89k€68k▼
Deferred charges and accrued income490/1€524€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.10M€1.02M▼
Equity10/15€764k€767k▲
Contributions10/11€12k€12k=
Reserves13€752k€755k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€750k€753k▲
Amounts payable17/49€335k€248k▼
Amounts payable after more than one year17€143k€102k▼
Financial debts170/4€143k€102k▼
Amounts payable within one year42/48€191k€146k▼
Current portion of amounts payable after more than one year42€52k€42k▼
Trade debts44€127k€87k▼
Suppliers440/4€127k€87k▼
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€3k€6k▲
Other amounts payable47/48€9k€11k▲
Income statement
Code20242025
Non-recurring operating income76A-€6k
Remuneration, social security and pensions62€13k€293▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€103k▲
Other operating charges640/8€7k€18k▲
Gross operating margin9900€127k€135k▲
Operating profit (loss)9901€23k€13k▼
Financial income75/76B-€3k
Recurring financial income75-€3k
Financial charges65/66B€14k€10k▼
Recurring financial charges65€14k€10k▼
Profit (loss) for the period before taxes9903€9k€7k▼
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€7k€3k▼
Profit (loss) for the period to be appropriated9905€7k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€3k▼
Transfer to equity691/2€7k€3k▼
To other reserves6921€7k€3k▼
Social balance
Average headcount (FTE)90871.6-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €11k | €21k | - | €6k | - |
| Remuneration, social security and pensions62 | €37k | €42k | €40k | €13k | €293 | ▼ 97.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €68k | €53k | €62k | €84k | €103k | ▲ 23.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €-21k | - | - | - | - | - |
| Other operating charges640/8 | €10k | €6k | €4k | €7k | €18k | ▲ 164% |
| Non-recurring operating charges66A | €11k | €8k | €5k | - | - | - |
| Gross operating margin9900 | €351k | €337k | €128k | €127k | €135k | ▲ 6.3% |
| Operating profit (loss)9901 | €247k | €228k | €17k | €23k | €13k | ▼ 42.1% |
| Financial income75/76B | €8k | €8k | €4k | - | €3k | - |
| Recurring financial income75 | €8k | €8k | €4k | - | €3k | - |
| Financial charges65/66B | €12k | €11k | €16k | €14k | €10k | ▼ 29.0% |
| Recurring financial charges65 | €12k | €11k | €16k | €14k | €10k | ▼ 29.0% |
| Profit (loss) for the period before taxes9903 | €243k | €224k | €4k | €9k | €7k | ▼ 28.5% |
| Income taxes67/77 | €73k | €67k | €2k | €2k | €4k | ▲ 95.5% |
| Profit (loss) for the period9904 | €170k | €158k | €3k | €7k | €3k | ▼ 59.6% |
| Profit (loss) for the period to be appropriated9905 | €170k | €158k | €3k | €7k | €3k | ▼ 59.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €804k | €1.10M | €1.11M | €1.10M | €1.02M | ▼ 7.6% |
| Fixed assets21/28 | €186k | €245k | €234k | €349k | €254k | ▼ 27.3% |
| Intangible fixed assets21 | - | - | €843 | €499 | €155 | ▼ 69.0% |
| Tangible fixed assets22/27 | €184k | €243k | €227k | €342k | €247k | ▼ 27.8% |
| Plant, machinery and equipment23 | €129k | €169k | €129k | €90k | €52k | ▼ 42.1% |
| Furniture and vehicles24 | €55k | €74k | €98k | €86k | €65k | ▼ 24.7% |
| Leasing and similar rights25 | - | - | - | €165k | €130k | ▼ 21.6% |
| Financial fixed assets28 | €2k | €2k | €7k | €7k | €7k | = |
| Current assets29/58 | €618k | €854k | €874k | €750k | €762k | ▲ 1.6% |
| Stocks and contracts in progress3 | €172k | €544k | €620k | €366k | €429k | ▲ 17.2% |
| Stocks30/36 | €172k | €544k | €620k | €366k | €351k | ▼ 4.2% |
| Contracts in progress37 | - | - | - | - | €79k | - |
| Amounts receivable within one year40/41 | €200k | €207k | €178k | €294k | €262k | ▼ 10.9% |
| Trade receivables40 | €52k | €97k | €153k | €253k | €242k | ▼ 4.3% |
| Other amounts receivable41 | €148k | €110k | €25k | €41k | €20k | ▼ 51.9% |
| Cash at bank and in hand54/58 | €245k | €104k | €76k | €89k | €68k | ▼ 23.5% |
| Deferred charges and accrued income490/1 | €2k | €270 | €365 | €524 | €2k | ▲ 282% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €804k | €1.10M | €1.11M | €1.10M | €1.02M | ▼ 7.6% |
| Equity10/15 | €649k | €807k | €756k | €764k | €767k | ▲ 0.4% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €637k | €795k | €744k | €752k | €755k | ▲ 0.4% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €635k | €793k | €743k | €750k | €753k | ▲ 0.4% |
| Amounts payable17/49 | €155k | €292k | €352k | €335k | €248k | ▼ 25.9% |
| Amounts payable after more than one year17 | - | €26k | €47k | €143k | €102k | ▼ 29.1% |
| Financial debts170/4 | - | €26k | €47k | €143k | €102k | ▼ 29.1% |
| Amounts payable within one year42/48 | €155k | €266k | €305k | €191k | €146k | ▼ 23.4% |
| Current portion of amounts payable after more than one year42 | - | €13k | €23k | €52k | €42k | ▼ 20.2% |
| Financial debts43 | - | €182k | €182k | - | - | - |
| Credit institutions430/8 | - | €182k | €182k | - | - | - |
| Trade debts44 | €121k | €48k | €93k | €127k | €87k | ▼ 31.2% |
| Suppliers440/4 | €121k | €48k | €93k | €127k | €87k | ▼ 31.2% |
| Taxes, remuneration and social security45 | €34k | €22k | €4k | €3k | €6k | ▲ 86.3% |
| Taxes450/3 | €34k | €20k | €3k | €3k | €6k | ▲ 86.3% |
| Remuneration and social security454/9 | €501 | €2k | €1k | - | - | - |
| Other amounts payable47/48 | - | - | €3k | €9k | €11k | ▲ 27.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €170k | €158k | €3k | €7k | €3k | ▼ 59.6% |
| + Depreciation and write-downs630 | €68k | €53k | €62k | €84k | €103k | ▲ 23.2% |
| Operating cash flow (approximation) | €239k | €211k | €65k | €91k | €106k | ▲ 16.4% |
| Investment in fixed assets (approximation) | - | €-112k | €-52k | €-198k | €-8k | ▲ 95.9% |
| Change in cash | - | €-141k | €-28k | €13k | €-21k | ▼ 260% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €3k ▼98.3%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €170k ▲28.8%
Operating result €247k, net result €170k, both a record.
31-12
Financial
Equity above €500kEq €649k ▲35.6%
4 profitable years in a row build equity to €649k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
12-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 104 days late
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Maldegem · 1 establishment unit since 2013
Ground area
588 m²
Building footprint
111 m²
Volume, LiDAR
705 m³
Parcel 43010C0839/00V000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Beter Vloeren
since 20132.216.907.482
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43010C0839/00V000 | Flanders | 588 m² | 1 · 110 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 3,961 companies in sector 43331 we hold annual accounts for 1,788. 829 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded22-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
Scores and ratios are computed by Checked and are not a credit decision.