FL PROD.
ActiveFL PROD. has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92k and a net result of €8k. Equity is growing by ~18% per year across the filed fiscal years. Its solvency ranks better than 61% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability49▼-8
Solvency82▲+10
Growth70=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 4.3 against 3.74 in 2024; short-term debt: 22.2% and cash: 6% of total assets), and 43.1% 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 · 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
56.9%
Return on assets
5%
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
7 d early
2023
68 d late
2022
91 d late
2021
51 d late
2020
415 d late
2019
15 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€137k▲ 29.6%
2022 · €106k
2018: €102k
2019: €99k
2020: €92k
2021: €168k
2022: €106k
2018 → 2023
EBIT margin
15.9%▲ 13.3pp
2022 · 2.6%
2018: -2.5%
2019: 19.8%
2020: 6.9%
2021: 25.3%
2022: 2.6%
2018 → 2023
Net result
€8k▲ 14.4%
2024 · €7k
2018: €-4k
2019: €10k
2020: €815
2021: €31k
2022: €-2k
2023: €17k
2024: €7k
2018 → 2025
Working capital
€119k▼ 4.2%
2024 · €124k
2018: €61k
2019: €60k
2020: €62k
2021: €109k
2022: €112k
2023: €122k
2024: €124k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€168k-€106k▼ 37.3%€137k▲ 29.6%
Equity€59k-€60k▲ 1.6%€77k▲ 28.1%€84k▲ 9.2%€92k▲ 9.6%
Operating result€43k-€3k▼ 93.5%€22k▲ 685%€9k▼ 60.7%€13k▲ 52.6%
Net result€31k-€-2k€17k€7k▼ 58.2%€8k▲ 14.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 53% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €162k
Fixed assets
€7k▼ 12.0%
Current assets
€155k▼ 8.6%
Equity and liabilities €162k
Equity
€92k▲ 9.6%
Debt
€70k▼ 25.3%
The debt ratio falls from 52.6% to 43.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▲
2024 · €10k
Cash flow
€10k▲
2024 · €9k
Solvency
56.9%▲
2024 · 47.4%
Current ratio
4.30▲
2024 · 3.74
Quick ratio
3.96▲
2024 · 3.54
Debt / equity
0.76▼
2024 · 1.11
ROE
8.8%▲
2024 · 8.4%
ROA
5.0%▲
2024 · 4.0%
Interest coverage
2.85▼
2024 · 3.98
Debt
€70k▼
2024 · €94k
Debt ≤ 1 year
€36k▼
2024 · €45k
Debt > 1 year
€34k▼
2024 · €48k
Income taxes
€4k▲
2024 · €3k
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€178k€162k▼
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€8k€7k▼
Plant, machinery and equipment23€6k€4k▼
Other tangible fixed assets26€3k€3k▲
Current assets29/58€170k€155k▼
Amounts receivable after more than one year29€19k€19k=
Trade receivables290€19k€19k=
Stocks and contracts in progress3€9k€12k▲
Stocks30/36€9k€12k▲
Amounts receivable within one year40/41€131k€114k▼
Trade receivables40€63k€52k▼
Other amounts receivable41€69k€62k▼
Cash at bank and in hand54/58€9k€10k▲
Deferred charges and accrued income490/1€899€0▼
Equity and liabilities
Total equity and liabilities10/49€178k€162k▼
Equity10/15€84k€92k▲
Contributions10/11€12k€12k=
Reserves13€25k€34k▲
Distributable reserves133€25k€34k▲
Profit (loss) carried forward14€46k€46k=
Amounts payable17/49€94k€70k▼
Amounts payable after more than one year17€48k€34k▼
Financial debts170/4€48k€34k▼
Amounts payable within one year42/48€45k€36k▼
Current portion of amounts payable after more than one year42€7k€5k▼
Trade debts44€16k€30k▲
Suppliers440/4€16k€30k▲
Advances received on contracts in progress46€3k€25▼
Taxes, remuneration and social security45€20k€639▼
Taxes450/3€20k€639▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€1k€815▼
Gross operating margin9900€12k€16k▲
Operating profit (loss)9901€9k€13k▲
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€10k€12k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€7k€8k▲
Profit (loss) for the period to be appropriated9905€7k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€54k€55k▲
Profit (loss) brought forward from the previous period14P€46k€46k=
Transfer to equity691/2€7k€8k▲
To other reserves6921€7k€8k▲
The notes to these accounts (14 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 51 days late
19-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 415 days late
2021
31-12
Financial
Highest result since 2018net €31k ▲3647%
Operating result €43k, net result €31k, both a record.
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
06-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 250 days late
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
03-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 490 days late
2017
20-04
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Oostende · 1 establishment unit since 2008
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.
Prins Albertlaan 968400 OostendeGround area
176 m²
Building footprint
169 m²
Volume, LiDAR
1,323 m³
Parcel 35382A0199/00W000, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FL PROD
since 20082.169.964.828
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382A0199/00W000 | Flanders | 176 m² | 1 · 169 m² | 12.3 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
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Coeckelbergs Eddy
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Gery Brosens
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Nico Meersman BV
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 8,821 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-02-2008
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
42220Construction of utility projects for electricity and telecommunications
43212Electrical installation work in industrial facilities
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.