Losses
-€17,996 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
FL DEVELOPMENT
Lifetime
5 annual accounts with figures on one time axispeak €160,204 (2021)
€122,448▲ 5.3%
lowest -€15,738 (2024)
-€2,258▲ €13,479
peak €23,245 (2023)
€5,249▼ 30.1%
€162,383▲ 17.8%
peak 1.5 FTE (2021)
-not published
Board3 names since 2019
2 directors and 1 other
Documentsfilings and deeds
23-01-20268 days before the deadline
2025micro format
Loss of €2,258Equity from €7,507 to €5,249Debts from €137,898 to €162,383Cash from €4,364 to €14,259
Key points
from the 2025 annual accountsTurnover
≈ €690,000 estimated
The micro format states no turnover.
Debts
€162,383 97% of the balance sheet
Financial debts 15%Suppliers 42%Taxes and wages 14%Other 29%
Of this, €144,044 falls due within a year.
Filings
5 annual accounts 2 late
The 2022 accounts came latest: 8 days after the end of the period.
Starting capital
€12,000 120 shares
Position in the sector
€122,448
Higher gross margin than 82% of companies in retail trade. Sector median €33,269 · 25,153 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 849 companies had the same profile as FL DEVELOPMENT has now. Each dot stands for 3 companies, two years later.
91.9%
were still trading
3.3%
stopped another way
4.7%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 849 companies, not a prediction for FL DEVELOPMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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Signals
Board and ownership
Director, , since 17-10-2019
Director, , since 17-10-2019
- 40 sharesdeed of 21-10-2019
- 40 sharesdeed of 21-10-2019
- 40 sharesdeed of 21-10-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0736511991
Appointment: (director)
Permanent representative: · General meeting of 03-12-2021 · Gazette deed
Incorporation
Founding capital of €12,000, 120 shares · Founders: , and · Appointments: (director) and (director) · published on 21-10-2019 · Gazette deed
First establishment
Waterloosesteenweg 1384, Uccle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FL DEVELOPMENT Uccle | €167,632 | €122,448 | 3.1% | - |
| CHIQ MODE Schaerbeek | €143,736 | €102,988 | 36.9% | - |
| FIRST SAFETY TRADING Jette | €114,276 | €90,611 | 31.3% | - |
| CURTAIN TOUCH Schaerbeek | €201,126 | €41,621 | 39.3% | - |
| FORTEXCO Quaregnon | €187,903 | €57,406 | 19.8% | - |
| HARBOR OF MEN Antwerp | €197,136 | €47,170 | 58.0% | - |
| Interieur Folies Mechelen | €110,253 | €81,136 | 28.2% | - |
These companies have the same main activity as FL DEVELOPMENT: retail trade (NACE 47519). They are comparable in size and age: total assets between €110,000 and €201,000, founded between 2018 and 2021.
Official details
Source: KBO- Status
- Active since 17-10-2019Normal situation
- Registered office
- 15 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
- Activity
- Retail tradeNACE 47519and 1 other
- Establishment unit
- 2.296.016.2291180 Uccle, since 17-10-2019
- Financial year end
- 30 June
- Peppol
- Reachable since 21-10-2026
Annual accounts to 30-06-2025
- €167,632▲ 15.3%
- Employeeson 30-06-2025
- 2=
- Filing
- Filed on 23-01-2026, 8 days before the end of the filing period
Insights on FL DEVELOPMENT
FL DEVELOPMENT files the micro format. That format states no turnover. The gross margin fell from €160,204 in 2021 to €122,448 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FL DEVELOPMENT
- What is the company number of FL DEVELOPMENT?
- The company number of FL DEVELOPMENT is 0736.511.991. The VAT number is the same number with BE in front: BE 0736.511.991.
- Where is FL DEVELOPMENT based?
- The registered office is at Waterloosesteenweg 1384, 1180 Uccle.Company details
- What does FL DEVELOPMENT do?
- According to the KBO register, the main activity is retail trade (NACE 47519).
- What is the legal form of FL DEVELOPMENT?
- FL DEVELOPMENT is a private limited company (BV).
- When was FL DEVELOPMENT founded?
- FL DEVELOPMENT was founded on 17-10-2019.
- Is FL DEVELOPMENT still active?
- Yes, FL DEVELOPMENT is an active enterprise in the KBO register.
- How many employees does FL DEVELOPMENT have?
- FL DEVELOPMENT had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FL DEVELOPMENT?
- The turnover in financial year 2025 is ≈ €690,000. This figure is estimated from the gross margin of €122,448 and 34 comparable companies (NACE 475). It probably lies between €530,000 and €1.0m.
- Is FL DEVELOPMENT profitable?
- In financial year 2025, FL DEVELOPMENT made a loss of €2,258.
- Where can I find the annual accounts of FL DEVELOPMENT?
- FL DEVELOPMENT filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FL DEVELOPMENT due?
- FL DEVELOPMENT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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