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F.L.

Active
Public limited companyfounded 198838 yrs activeRue d' Alvau(NSV) 42, 1457 Walhain, BelgiumKBO/BCE: BE 0434.847.139
Summary

F.L. has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €410,931 and a net result of €9,689. Equity remains stable across the filed fiscal years (±1.2% per year). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability43▲+3
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
cash: 20.7% of total assets, and 3.4% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 38 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
96.6%
Return on assets
2.3%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 d late
2024
48 d late
2022
43 d late
2021
27 d late
2020
33 d early
2019
23 d late
2018
1 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 20 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

F.L. was incorporated on 6 July 1988.1 The board currently has 2 members; Henriet Stéphanie has served longest, since 2025.2 Total assets went from EUR 406,672 in 2018 to EUR 425,216 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 16-09-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€7,500▼ 58.3%
2019 · €18,000
EBIT margin
33.3%▼ 38.5pp
2019 · 71.8%
Net result
€9,689▲ 151%
2024 · €3,861
Working capital
€84,736▲ 12.7%
2021 · €75,183
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220242025
Turnover€7,500▼ 58.3%
Operating result€2,496▼ 80.7%€3,945▲ 58.1%€12,821▲ 225%€7,855-€11,678▲ 48.7%
Net result-€909€1,960€9,553▲ 387%€3,861-€9,689▲ 151%
EBIT margin33.3%▼ 38.5pp
Equity€385,866▼ 0.2%€387,826▲ 0.5%€397,379▲ 2.5%€401,242-€410,931▲ 2.4%
Total assets€418,451▼ 0.2%€421,346▲ 0.7%€430,899▲ 2.3%€415,527-€425,216▲ 2.3%
Debt€16,481=€17,414▲ 5.7%€17,414=
Working capital€73,221▼ 1.2%€75,183▲ 2.7%€84,736▲ 12.7%
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000€15,000Operating result 2020: €2,496€2,496Net result 2020: -€909-€909Operating result 2021: €3,945€3,945Net result 2021: €1,960€1,960Operating result 2022: €12,821€12,821Net result 2022: €9,553€9,553Operating result 2024: €7,855€7,855Net result 2024: €3,861€3,861Operating result 2025: €11,678€11,678Net result 2025: €9,689€9,68920202021202220242025€0€5,000€10,000€15,000Operating result 2022: €12,821€12,800Net result 2022: €9,553€9,550Operating result 2024: €7,855€7,860Net result 2024: €3,861€3,860Operating result 2025: €11,678€11,700Net result 2025: €9,689€9,690202220242025
The operating result rises in 2025; 2025 is 49% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €425,216
Fixed assets €334,265 =
Current assets €90,951 ▲ 11.9%
Key figures and ratios
2025 value · change against 2024
Solvency
96.6%▲
2024 · 96.6%
ROE
2.4%▲
2024 · 1.0%
ROA
2.3%▲
2024 · 0.9%
Income taxes
€2,040▼
2024 · €4,054
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€415,527€425,216▲
Fixed assets21/28€334,265€334,265=
Tangible fixed assets22/27€37,390€37,390=
Land and buildings22€37,390€37,390=
Financial fixed assets28€296,875€296,875=
Current assets29/58€81,262€90,951▲
Amounts receivable within one year40/41€853€2,806▲
Other amounts receivable41€853€2,806▲
Cash at bank and in hand54/58€80,409€88,144▲
Equity and liabilities
Total equity and liabilities10/49€415,527€425,216▲
Equity10/15€401,242€410,931▲
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Revaluation surpluses12€157,265€157,265=
Reserves13€5,391€5,391=
Non-distributable reserves130/1€5,391€5,391=
Legal reserve130€5,391€5,391=
Profit (loss) carried forward14€177,086€186,775▲
Provisions and deferred taxes16€14,285€14,285=
Provisions for liabilities and charges160/5€14,285€14,285=
Major repairs and maintenance162€14,285€14,285=
Income statement Code20242025
Other operating charges640/8€4,893€3,035▼
Gross operating margin9900€12,749€14,713▲
Operating profit (loss)9901€7,855€11,678▲
Financial income75/76B€379€381▲
Recurring financial income75€379€381▲
Financial charges65/66B€319€331▲
Recurring financial charges65€319€331▲
Profit (loss) for the period before taxes9903€7,915€11,729▲
Income taxes67/77€4,054€2,040▼
Profit (loss) for the period9904€3,861€9,689▲
Profit (loss) for the period to be appropriated9905€3,861€9,689▲
Appropriation of the result
Profit (loss) to be appropriated9906€177,086€186,775▲
Profit (loss) brought forward from the previous period14P€173,224€177,086▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220242025Change
Turnover70€7,500-----
Non-recurring operating income76A-€9,000€18,000---
Goods, raw materials, services and sundry goods60/61-€2,594€2,694---
Other operating charges640/8-€2,461€2,485€4,893€3,035▼ 38.0%
Gross operating margin9900€4,968€6,406€15,306€12,749€14,713▲ 15.4%
Operating profit (loss)9901€2,496€3,945€12,821€7,855€11,678▲ 48.7%
Financial income75/76B---€379€381▲ 0.6%
Recurring financial income75---€379€381▲ 0.6%
Financial charges65/66B-€206€232€319€331▲ 3.6%
Recurring financial charges65€193€206€232€319€331▲ 3.6%
Profit (loss) for the period before taxes9903€2,303€3,739€12,589€7,915€11,729▲ 48.2%
Income taxes67/77€3,212€1,779€3,036€4,054€2,040▼ 49.7%
Profit (loss) for the period9904-€909€1,960€9,553€3,861€9,689▲ 151%
Profit (loss) for the period to be appropriated9905-€909€1,960€9,553€3,861€9,689▲ 151%
Line20202021202220242025Change
Assets
Total assets20/58€418,451€421,346€430,899€415,527€425,216▲ 2.3%
Fixed assets21/28€334,265€334,265€334,265€334,265€334,265=
Tangible fixed assets22/27€37,390€37,390€37,390€37,390€37,390=
Land and buildings22-€37,390€37,390€37,390€37,390=
Financial fixed assets28€296,875€296,875€296,875€296,875€296,875=
Current assets29/58€84,186€87,081€96,634€81,262€90,951▲ 11.9%
Amounts receivable within one year40/41€7,602€6,177€6,141€853€2,806▲ 229%
Trade receivables40-€169€169---
Other amounts receivable41-€6,008€5,972€853€2,806▲ 229%
Cash at bank and in hand54/58€61,584€65,904€75,493€80,409€88,144▲ 9.6%
Deferred charges and accrued income490/1-€15,000€15,000---
Equity and liabilities
Total equity and liabilities10/49€418,451€421,346€430,899€415,527€425,216▲ 2.3%
Equity10/15€385,866€387,826€397,379€401,242€410,931▲ 2.4%
Contributions10/11€61,500€61,500€61,500€61,500€61,500=
Capital10-€61,500€61,500€61,500€61,500=
Issued capital100-€61,500€61,500€61,500€61,500=
Revaluation surpluses12-€157,264€157,264€157,265€157,265=
Reserves13€5,391€5,391€5,391€5,391€5,391=
Non-distributable reserves130/1-€5,391€5,391€5,391€5,391=
Legal reserve130-€5,391€5,391€5,391€5,391=
Profit (loss) carried forward14€161,711€163,671€173,224€177,086€186,775▲ 5.5%
Provisions and deferred taxes16€16,104€16,106€16,106€14,285€14,285=
Provisions for liabilities and charges160/5-€16,106€16,106€14,285€14,285=
Major repairs and maintenance162-€16,106€16,106€14,285€14,285=
Amounts payable17/49€16,481€17,414€17,414---
Amounts payable within one year42/48€10,965€11,898€11,898---
Trade debts44€6,398€2,846€2,846---
Suppliers440/4-€2,846€2,846---
Taxes, remuneration and social security45-€9,052€9,052---
Taxes450/3-€9,052€9,052---
Accrued charges and deferred income492/3-€5,516€5,516---
Line20202021202220242025Change
Profit (loss) for the period9904-€909€1,960€9,553€3,861€9,689▲ 151%
Operating cash flow (approximation)-€909€1,960€9,553€3,861€9,689▲ 151%
Investment in fixed assets (approximation)-€0€0-€0-
Change in cash-€4,320€9,589-€7,736-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-09
State Gazette act Reappointments: Lebrun François (managing director) and Henriet Stéphanie (director)
3 facts ▸
  • General meeting, accepte à l'unanimité la reconduction des mandats des administrateurs
  • Director reappointment, Lebrun François (managing director)
  • Director reappointment, Henriet Stéphanie (director)
31-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
17-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 48 days late
2023
12-09
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 43 days late
2022
27-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 27 days late
2021
31-12
Financial Back to profitnet €1,960
Net result €1,960 after one loss-making year.
28-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet -€909
Net result drops to -€909, the lowest in the series; recovery starts the following year.
23-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 23 days late
2019
01-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 1 day late
2018
25-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
10-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 10 days late
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, 1 in day-to-day management, last change in 2025

Board 1

Henriet Stéphanie
Director · since 28-03-2025
Current

Day-to-day management 1

Lebrun François
Managing director · since 28-03-2025
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Walhain · 1 establishment unit since 1988
seat establishment The establishment unit on the map
Ground area
1.7 ha
Building footprint
462 m²
Volume, LiDAR
2,341 m³
2 parcels, Flanders, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nijvelsebaan 250, 3090 Overijse
Crop and animal production, hunting and related service activities
since 19882.039.549.615
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23542F0617/00B000 Flanders 1.0 ha 1 · 223 m² 6.2 m · 1 fl.
25071A0033/00E000 Wallonia 6,676 m² 1 · 239 m² 7.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

2 people since 2025, 2 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Henriet Stéphanie
  • Director, already before 28-03-2025 to date
Lebrun François
  • Managing director, already before 28-03-2025 to date
See the board, name and seat on a given date →

Structure & network

Connections & network

2 current directors
Depth

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Identification & contact

Identification
Legal formPublic limited company
Founded06-07-1988
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

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