Active BE 0426.058.741Public limited company

F.L.T. CONTRACTORS

· 42 yrs active

Conclusion Checked

The KBO register records legal situation 013 for F.L.T. CONTRACTORS (Register: dissolution or liquidation); this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €1.05M and a net result of €-2.33M.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€1.05M
Net result	€-2.33M
Active	42 yrs
Locations	1

Financial profile 5 of 5 axes measured · computed by Checked

20 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 42

Growth 32

Stability 25

Bankruptcy probability (12 mo) Checked model v1 · free

Dissolution or liquidation

The KBO register records that this company is being wound up. A twelve-month bankruptcy probability no longer says anything in that case, so we show no figure.

Risk Assessment rule-based

20 / 100

High riskRegister: dissolution or liquidation

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 013 for this company; it does not feed the figure above.

Components

· 1 historical bankruptcy publication (+20)

Trust signals 2 signals

Register: dissolution or liquidation

The KBO register records legal situation 013 for this company. This is today's state according to the register itself; the register carries no start date.

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2020 · computed

0 / 100 Critical

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.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2020 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 27-09-2021 with the NBB · fiscal year 2020 · micro

Operating resultNet result

EBITDA

€-765k

- 19-20

Net profit

€-2.33M

-44.7% 19-20

Cash flow

€-2.33M

-46.9% 19-20

Total assets

€5.15M

-14.4% 19-20

Equity

€1.05M

-40.6% 19-20

Working capital

€627k

-53.0% 19-20

Debt

€4.09M

-3.4% 19-20

Debt ≤ 1y

€4.08M

-3.4% 19-20

Show 5 other metrics

Current ratio

1.15

-12.3% 19-20

Quick ratio

1.15

-2.9% 19-20

Solvency

20.5%

-30.7% 19-20

ROE

-221.5%

-143.8% 19-20

ROA

-45.3%

-69.1% 19-20

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Deposit	micro
Revenue	-
EBITDA	€-765k
Net profit	€-2.33M
Cash flow	€-2.33M
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€5.15M
Equity	€1.05M
Debt	€4.09M
of which ≤ 1y	€4.08M
of which > 1y	-
Working capital	€627k
Employees (FTE)	-

Ratios (computed)

	2020
Current ratio	1.15
Quick ratio	1.15
Working capital ratio	12.2%
Solvency	20.5%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-45.3%
ROE	-221.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Assets

Fixed assets €444k · 8.6% Current assets €4.70M · 91.4%

Equity & liabilities

Equity €1.05M · 20.5% Debt €4.09M · 79.5%

Full annual accounts (21 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€5.15M
Fixed assets	21/28	€444k
Tangible fixed assets	22/27	€9k
Financial fixed assets	28	€436k
Current assets	29/58	€4.70M
Amounts receivable within one year	40/41	€1.13M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€5.15M
Equity	10/15	€1.05M
Contributions / capital	10/11	€3.15M
Reserves	13	€231k
Accumulated profits (losses)	14	€-2.33M
Amounts payable	17/49	€4.09M
Amounts payable within one year	42/48	€4.08M
Trade debts payable within one year	44	€45k
Income statement
Gross operating margin	9900	€38k
Operating result	9901	€-768k
Financial income	75	€48k
Financial charges	65	€550
Result before taxes	9903	€-721k
Net result for the period	9904	€-721k
Result to be appropriated	9905	€-721k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	-
Legal form	Public limited company(014)
Incorporation	21-06-1984
Status	Active
Postal code	-
First BS signal	30-08-2023
Latest BS signal	30-08-2023

Establishment units 1 location

Generaal Jacqueslaan 211, 1050 Elsene

Handel in auto's

since 19842.025.212.520

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Wallonia 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25024B0230/00R000	Wallonia	1.3 ha	1 · 290 m²	16.6 m · 2 fl.
21445C0230/00G003	Brussels	85 m²	1 · 77 m²	18.7 m · 5 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

30-08-2023

Bankruptcy Bankruptcy reversal

Tribunal de l’entreprise du Brabant wallon · F.L.T. CONTRACTORS SA RUE D’ALAUMONT 24, 1380 LASNE. déclarée le 26 septembre 2022 · event 22-08-2023

2021

27-09-2021