Firlefyn Technics
ActiveThe computed 12-month bankruptcy probability of Firlefyn Technics is 1.7% (moderate). The 2025 annual accounts show equity of €100k and a net result of €33k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 27787 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 20.41 against 9.45 in 2024; short-term debt: 4.9% and cash: 73.6% of total assets), and 4.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Sector 43
higher
← 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
95.1%
Return on assets
31.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-07-2026, 27 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
27 d early
2024
14 d early
2023
13 d early
2022
25 d late
2021
5 d early
2020
5 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€100k▲ 50.0%
2024 · €66k
2020: €59k
2021: €70k
2022: €72k
2023: €45k
2024: €66k
2020 → 2025
Total assets
€105k▲ 40.6%
2024 · €75k
2020: €77k
2021: €88k
2022: €75k
2023: €48k
2024: €75k
2020 → 2025
Net result
€33k▲ 53.2%
2024 · €22k
2020: €54k
2021: €11k
2022: €2k
2023: €11k
2024: €22k
2020 → 2025
Working capital
€100k▲ 50.1%
2024 · €66k
2020: €58k
2021: €61k
2022: €70k
2023: €44k
2024: €66k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€70k-€72k▲ 2.5%€45k▼ 37.4%€66k▲ 48.5%€100k▲ 50.0%
Operating result€14k-€3k▼ 80.4%€17k▲ 515%€29k▲ 73.4%€43k▲ 47.5%
Net result€11k-€2k▼ 83.5%€11k▲ 513%€22k▲ 99.9%€33k▲ 53.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 47% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €105k
Fixed assets
€19▼ 93.4%
Current assets
€105k▲ 41.1%
Equity and liabilities €105k
Equity
€100k▲ 50.0%
Debt
€5k▼ 36.6%
The debt ratio falls from 10.9% to 4.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44k▲
2024 · €30k
Cash flow
€33k▲
2024 · €22k
Solvency
95.1%▲
2024 · 89.1%
Current ratio
20.41▲
2024 · 9.45
Quick ratio
20.41▲
2024 · 9.45
Debt / equity
0.05▼
2024 · 0.12
ROE
33.3%▲
2024 · 32.6%
ROA
31.7%▲
2024 · 29.1%
Interest coverage
62.92▲
2024 · 33.69
Debt
€5k▼
2024 · €8k
Debt ≤ 1 year
€5k▼
2024 · €8k
Income taxes
€10k▲
2024 · €7k
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€75k€105k▲
Fixed assets21/28€288€19▼
Tangible fixed assets22/27€288€19▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€288€19▼
Current assets29/58€74k€105k▲
Amounts receivable within one year40/41€13k€24k▲
Trade receivables40€12k€24k▲
Other amounts receivable41€178€325▲
Cash at bank and in hand54/58€59k€77k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€75k€105k▲
Equity10/15€66k€100k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€61k€95k▲
Amounts payable17/49€8k€5k▼
Amounts payable within one year42/48€8k€5k▼
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€2k€2k▼
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48-€134
Accrued charges and deferred income492/3€244€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€423€268▼
Other operating charges640/8€998€959▼
Gross operating margin9900€31k€45k▲
Operating profit (loss)9901€29k€43k▲
Financial income75/76B€22€100▲
Recurring financial income75€22€100▲
Financial charges65/66B€885€693▼
Recurring financial charges65€885€693▼
Profit (loss) for the period before taxes9903€29k€43k▲
Income taxes67/77€7k€10k▲
Profit (loss) for the period9904€22k€33k▲
Profit (loss) for the period to be appropriated9905€22k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€61k€95k▲
Profit (loss) brought forward from the previous period14P€40k€61k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (4 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
04-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 20.41
Current ratio from 9.45 to 20.41; short-term debt falls from €8k to €5k.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet €2k ▼83.5%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 21.25
Current ratio from 4.35 to 21.25; short-term debt falls from €18k to €3k.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Beerse · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Akkerdries 382340 BeerseGround area
409 m²
Building footprint
122 m²
Volume, LiDAR
1,041 m³
Parcel 13004A0323/00D000, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Firlefyn Technics
since 20192.295.350.491
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004A0323/00D000 | Flanders | 409 m² | 1 · 122 m² | 11.3 m · 3 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.
Similar companies · same sector, comparable size
VERCAIGNE INSTALLATIES
BE 1000.875.890
Roeselare · Eq €100k
ALARM SERVICE
BE 0435.641.351
Kortrijk · Eq €100k
Phiba Technics
BE 0711.909.823
Zonnebeke · Eq €100k
HOUSSA Cédric
BE 0841.690.972
Ciney · Eq €100k
Electro J&P Coppens
BE 0842.030.274
Knokke-Heist · Eq €100k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,328. 8,817 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-11-2019
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
68121Development of residential building projects
68122Development of non-residential building projects
43990Other specialised construction activities
43995Specialised construction activities
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.