FL Industrial Project
ActiveFL Industrial Project has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €226k and a net result of €88k. Equity is growing by ~58.4% per year across the filed fiscal years. Its solvency ranks better than 87% of 9450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
92
/ 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=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 7.8 against 6.06 in 2024; short-term debt: 12.8% and cash: 65.1% of total assets), and 12.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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
87.2%
Return on assets
33.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-04-2026, 22 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
22 d early
2024
5 d early
2023
4 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€226k▲ 63.7%
2024 · €138k
2023: €65k
2024: €138k
2023 → 2025
Total assets
€259k▲ 56.9%
2024 · €165k
2023: €94k
2024: €165k
2023 → 2025
Net result
€88k▲ 20.2%
2024 · €73k
2023: €62k
2024: €73k
2023 → 2025
Working capital
€225k▲ 64.5%
2024 · €137k
2023: €65k
2024: €137k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€65k-€138k▲ 113%€226k▲ 63.7%
Operating result€87k-€92k▲ 5.9%€109k▲ 17.5%
Net result€62k-€73k▲ 18.3%€88k▲ 20.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 17% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €259k
Fixed assets
€539▼ 45.1%
Current assets
€259k▲ 57.6%
Equity and liabilities €259k
Equity
€226k▲ 63.7%
Debt
€33k▲ 22.4%
The debt ratio falls from 16.4% to 12.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€109k▲
2024 · €93k
Cash flow
€88k▲
2024 · €73k
Solvency
87.2%▲
2024 · 83.6%
Current ratio
7.80▲
2024 · 6.06
Quick ratio
7.80▲
2024 · 6.06
Debt / equity
0.15▼
2024 · 0.20
ROE
38.9%▼
2024 · 53.0%
ROA
33.9%▼
2024 · 44.3%
Interest coverage
108.21▲
2024 · 99.37
Debt
€33k▲
2024 · €27k
Debt ≤ 1 year
€33k▲
2024 · €27k
Income taxes
€24k▲
2024 · €19k
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€165k€259k▲
Fixed assets21/28€982€539▼
Tangible fixed assets22/27€982€539▼
Furniture and vehicles24€982€539▼
Current assets29/58€164k€259k▲
Amounts receivable within one year40/41€48k€90k▲
Trade receivables40€18k€30k▲
Other amounts receivable41€30k€60k▲
Cash at bank and in hand54/58€116k€169k▲
Deferred charges and accrued income490/1€185-
Equity and liabilities
Total equity and liabilities10/49€165k€259k▲
Equity10/15€138k€226k▲
Contributions10/11€3k€3k=
Reserves13€135k€223k▲
Distributable reserves133€135k€223k▲
Amounts payable17/49€27k€33k▲
Amounts payable within one year42/48€27k€33k▲
Trade debts44€53€2k▲
Suppliers440/4€53€2k▲
Taxes, remuneration and social security45€27k€31k▲
Taxes450/3€27k€31k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€348€443▲
Other operating charges640/8€1k€442▼
Non-recurring operating charges66A€641€108▼
Gross operating margin9900€95k€110k▲
Operating profit (loss)9901€92k€109k▲
Financial income75/76B€1k€4k▲
Recurring financial income75€1k€4k▲
Financial charges65/66B€934€1k▲
Recurring financial charges65€934€1k▲
Profit (loss) for the period before taxes9903€93k€112k▲
Income taxes67/77€19k€24k▲
Profit (loss) for the period9904€73k€88k▲
Profit (loss) for the period to be appropriated9905€73k€88k▲
Appropriation of the result
Profit (loss) to be appropriated9906€73k€88k▲
Transfer to equity691/2€73k€88k▲
To other reserves6921€73k€88k▲
The notes to these accounts (5 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
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2023net €88k ▲20.2%
Operating result €109k, net result €88k, both a record.
30-09
Financial
Equity above €200kEq €226k ▲63.7%
3 profitable years in a row build equity to €226k.
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €100kEq €138k ▲113%
2 profitable years in a row build equity to €138k.
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Gembloux · 1 establishment unit since 2022
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.
Chaussée de Charleroi 1355030 GemblouxGround area
620 m²
Building footprint
274 m²
Volume, LiDAR
2,125 m³
2 parcels, Brussels, Wallonia · tallest building 18.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
FL INDUSTRIAL PROJECT
since 20222.333.151.193
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92053D0001/00A003 | Wallonia | 358 m² | 1 · 74 m² | - |
| 21005A0570/00C005 | Brussels | 262 m² | 1 · 200 m² | 18.5 m · 4 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
DFT ENGINEERING
BE 0791.553.355
Jemeppe-sur-Sambre · Eq €226k
CORETEC INVOICING
BE 0829.505.101
Awans · Eq €226k
PROJECT CARE
BE 0511.994.110
Berlare · Eq €226k
SHALCO
BE 0836.894.125
Willebroek · Eq €226k
ATM VB
BE 1003.789.157
Balen · Eq €226k
Of 11,554 companies in sector 71121 we hold annual accounts for 6,562. 5,062 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-07-2022
Fiscal year end30-09
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
66210Risk and damage evaluation
82100Office administrative and support services
82110Office administrative, office support and other business support activities
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:frederic.lecapelain@gmail.com