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FL CONCEPT

Open bankruptcy
Private limited companyfounded 2020Rue Moncrabeau 8, 5000 Namur, BelgiumKBO/BCE: BE 0749.848.404

A bankruptcy procedure is open for FL CONCEPT according to publications in the Belgian State Gazette; curator: DAMIEN PHILIPPOT.

Summary

The 2023 annual accounts show equity of €7,020 and a net result of €605.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Liège, Namur division
Declared bankrupt
26 December 2024
Supervising judge
Baudouin Piret
Official Gazette
10-01-2025 (pdf) ↗search the document for 2025/100609

Curator

  • Damien PhilippotRue Phocas Lejeune, 8, 5032 05 Les Isnesd.philippot@solislaw.eu

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 17-05-2024, 75 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
75 d early
2022
115 d late
2021
480 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 173 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (1)
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

On 6 July 2020, FL CONCEPT was incorporated as a Private limited company.1 Total assets went from EUR 25,197 in 2021 to EUR 15,154 in 2023.2 The company was declared bankrupt on 26 December 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2023
  3. 3Belgian State Gazette, 10-01-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Turnover
€109,268▼ 26.6%
2021 · €148,810
EBIT margin
-13.2%▼ 27.8pp
2021 · 14.6%
Net result
€605
2022 · -€14,442
Working capital
-€3,176▲ 64.2%
2022 · -€8,879
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
Line202120222023
Turnover€148,810-€109,268▼ 26.6%
Operating result€21,697--€14,441€1,799
Net result€17,358--€14,442€605
EBIT margin14.6%--13.2%▼ 27.8pp
Equity€20,858-€6,415▼ 69.2%€7,020▲ 9.4%
Total assets€25,197-€18,112▼ 28.1%€15,154▼ 16.3%
Debt€4,339-€11,697▲ 170%€8,135▼ 30.5%
Working capital€466--€8,879-€3,176▲ 64.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000€20,000Operating result 2021: €21,697€21,697Net result 2021: €17,358€17,358Operating result 2022: -€14,441-€14,441Net result 2022: -€14,442-€14,442Operating result 2023: €1,799€1,799Net result 2023: €605€605202120222023-€20,000-€10,000€0€10,000€20,000Operating result 2021: €21,697€21,700Net result 2021: €17,358€17,400Operating result 2022: -€14,441-€14,400Net result 2022: -€14,442-€14,400Operating result 2023: €1,799€1,800Net result 2023: €605€605202120222023
The operating result returns to profit in 2023: €1,799 after a loss of €14,441 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €15,154
Fixed assets €10,196 ▼ 33.3%
Current assets €4,958 ▲ 75.9%
Equity and liabilities €15,154
Equity €7,020 ▲ 9.4%
Debt €8,135 ▼ 30.5%
Debt's share of the balance-sheet total falls from 64.6% to 53.7%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
€6,897▲
2022 · -€9,343
Cash flow
€5,703▲
2022 · -€9,344
Current ratio
0.61▲
2022 · 0.24
Quick ratio
0.05▼
2022 · 0.24
Debt to equity
1.16▼
2022 · 1.82
ROE
8.6%▲
2022 · -225.1%
ROA
4.0%▲
2022 · -79.7%
Interest coverage
5.78▲
2022 · -5731.76
Debt ≤ 1 year
€8,135▼
2022 · €11,697
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 · 2023 against 2022 · 38 lines
Balance sheet Code20222023
Assets
Total assets20/58€18,112€15,154▼
Fixed assets21/28€15,294€10,196▼
Intangible fixed assets21€879€586▼
Tangible fixed assets22/27€14,415€9,610▼
Plant, machinery and equipment23€14,415€9,610▼
Current assets29/58€2,818€4,958▲
Stocks and contracts in progress3-€4,541
Stocks30/36-€4,541
Amounts receivable within one year40/41€1,986€55▼
Trade receivables40€1,913-
Other amounts receivable41€73€55▼
Cash at bank and in hand54/58€832€361▼
Equity and liabilities
Total equity and liabilities10/49€18,112€15,154▼
Equity10/15€6,415€7,020▲
Contributions10/11€3,500€3,500=
Capital10€3,500€3,500=
Issued capital100€3,500€3,500=
Profit (loss) carried forward14€2,915€3,520▲
Amounts payable17/49€11,697€8,135▼
Amounts payable within one year42/48€11,697€8,135▼
Taxes, remuneration and social security45€11,697€4,339▼
Taxes450/3€4,339€4,339=
Remuneration and social security454/9€7,358-
Other amounts payable47/48-€3,795
Income statement Code20222023
Turnover70€109,268-
Goods, raw materials, services and sundry goods60/61€106,311-
Remuneration, social security and pensions62€11,684-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,098€5,098=
Other operating charges640/8€616€1,570▲
Gross operating margin9900€2,957€8,467▲
Operating profit (loss)9901-€14,441€1,799▲
Financial charges65/66B€2€1,194▲
Recurring financial charges65€2€1,194▲
Profit (loss) for the period before taxes9903-€14,442€605▲
Profit (loss) for the period9904-€14,442€605▲
Profit (loss) for the period to be appropriated9905-€14,442€605▲
Appropriation of the result
Profit (loss) to be appropriated9906€2,915€3,520▲
Profit (loss) brought forward from the previous period14P€17,358€2,915▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202120222023Change
Turnover70€148,810€109,268--
Goods, raw materials, services and sundry goods60/61€110,587€106,311--
Remuneration, social security and pensions62€11,427€11,684--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,098€5,098€5,098=
Other operating charges640/8-€616€1,570▲ 155%
Gross operating margin9900€38,222€2,957€8,467▲ 186%
Operating profit (loss)9901€21,697-€14,441€1,799▲ 112%
Financial charges65/66B-€2€1,194▲ 73,151%
Recurring financial charges65-€2€1,194▲ 73,151%
Profit (loss) for the period before taxes9903€21,697-€14,442€605▲ 104%
Income taxes67/77€4,339---
Profit (loss) for the period9904€17,358-€14,442€605▲ 104%
Profit (loss) for the period to be appropriated9905€17,358-€14,442€605▲ 104%
Line202120222023Change
Assets
Total assets20/58€25,197€18,112€15,154▼ 16.3%
Fixed assets21/28€20,392€15,294€10,196▼ 33.3%
Intangible fixed assets21€1,173€879€586▼ 33.3%
Tangible fixed assets22/27€19,220€14,415€9,610▼ 33.3%
Plant, machinery and equipment23€19,220€14,415€9,610▼ 33.3%
Current assets29/58€4,805€2,818€4,958▲ 75.9%
Stocks and contracts in progress3--€4,541-
Stocks30/36--€4,541-
Amounts receivable within one year40/41€4,475€1,986€55▼ 97.2%
Trade receivables40€2,551€1,913--
Other amounts receivable41€1,924€73€55▼ 23.8%
Cash at bank and in hand54/58€330€832€361▼ 56.6%
Equity and liabilities
Total equity and liabilities10/49€25,197€18,112€15,154▼ 16.3%
Equity10/15€20,858€6,415€7,020▲ 9.4%
Contributions10/11€3,500€3,500€3,500=
Capital10€3,500€3,500€3,500=
Issued capital100€3,500€3,500€3,500=
Profit (loss) carried forward14€17,358€2,915€3,520▲ 20.7%
Amounts payable17/49€4,339€11,697€8,135▼ 30.5%
Amounts payable within one year42/48€4,339€11,697€8,135▼ 30.5%
Taxes, remuneration and social security45€4,339€11,697€4,339▼ 62.9%
Taxes450/3€4,339€4,339€4,339=
Remuneration and social security454/9-€7,358--
Other amounts payable47/48--€3,795-
Line202120222023Change
Profit (loss) for the period9904€17,358-€14,442€605▲ 104%
+ Depreciation and write-downs630€5,098€5,098€5,098=
Operating cash flow (approximation)€22,456-€9,344€5,703▲ 161%
Investment in fixed assets (approximation)-€0€0-
Change in cash-€502-€471▼ 194%

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

2025
10-01
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Namur · event 26-12-2024
2024
17-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €605
Net result €605 after one loss-making year.
23-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 115 days late
23-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 480 days late
2022
31-12
Financial Weakest financial yearnet -€14,442
Net result drops to -€14,442, the lowest in the series.
SignalFinancial 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Namur · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
92 m²
Building footprint
89 m²
Volume, LiDAR
1,286 m³
Parcel 92094C0142/00A000, Wallonia · tallest building 19.3 m, ±5 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
FL CONCEPT
Rue Moncrabeau 8, 5000 NamurWholesale trade
since 20202.308.773.016
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92094C0142/00A000 Wallonia 92 m² 1 · 89 m² 19.3 m · 5 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator DAMIEN PHILIPPOT
RUE PHOCAS LEJEUNE, 8, 5032 05 LES ISNES
26-12-2024 → present

Recognitions · licences · registrations

Food safety, FASFC

1 site
Namur2.308.773.016
1 permission
Toelating · Eetgelegenheid · since 28-10-2020

Similar companies · same sector, comparable size

Of 7,501 companies in sector 56210 we hold annual accounts for 2,448. 1,302 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
Founded06-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID 0208:0749848404
Also 9925:BE0749848404
Registered 18-12-2025

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.