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FL PROJECTS

Active Private limited companyfounded 2010active for 16 yearsRue des Anneux 2, 4053 ChaudfontaineKBO/BCE: BE 0825.602.038

Lifetime

16 annual accounts with figures on one time axis
peak €501,046 (2022)
€440,567▲ 734%
lowest -€199,963 (2024)
€169,155▲ €369,118
peak €289,357 (2023)
€258,548▲ 189%
€4.8m▼ 22.1%
Board1 name since 2021
1 director
Documentsfilings and deeds
20-08-202620 days late
2025abbreviated format
Gross margin from €52,832 to €440,567Back to profit: €169,155Equity from €89,394 to €258,548Debts from €6.1m to €4.8m1 establishment registeredCash from €291,144 to €50,296

Key points

from the 2025 annual accounts

Equity

€258,548 ▲ 189%
€89,4002024€259,0002025

Equity rose in 2025 from €89,394 to €258,548.

Debts

€4.8m 95% of the balance sheet
Financial debts 86%Suppliers 4%Taxes and wages 0%Other 11%

Of this, €4.4m falls due within a year.

Filings

16 annual accounts since 2010
AprilJune31 JulyOctober2010201520202025

Seven of the last ten came late. The 2019 accounts came latest: 81 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,449 companies had the same profile as FL PROJECTS has now. Each dot stands for 4 companies, two years later.

95.7%
were still trading
2.1%
stopped another way
2.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.3% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,449 companies, not a prediction for FL PROJECTS. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director

Shares in 1 company,

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0825602038
New establishment in Liège Le Pop Up de la Maro, Passage Lemonnier 38-40
Change of role: , from manager to director Legal-form conversion: to private limited company · Gazette deed
Incorporation published on 14-05-2010 · Gazette deed
All 28 events

Comparable companies

same main activity, similar in size and age
Company
FL PROJECTS Chaudfontaine €5.0m €440,567 5.2% -
ALTERNATIVE IMMO Chaudfontaine €5.2m €289,103 5.5% -
WALLSTONE Roeselare €5.5m €407,204 15.1% -
LC CONSULT Bruges €4.8m €547,393 16.8% 1
VITRUVIUS VASTGOED Zedelgem €5.3m €384,917 97.7% -
PROVAS'CO Lievegem €5.3m €505,610 29.9% -
CELVIZIA Bilzen-Hoeselt €5.5m €345,905 7.4% -

These companies have the same main activity as FL PROJECTS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €4.8m and €5.5m, founded between 2010 and 2011.

Official details

Source: KBO
Status
Active since 04-05-2010Normal situation
Activity
Development of residential building projectsNACE 68121and 1 other
Establishment units
2.191.046.1934053 Chaudfontaine, since 03-05-2010
2.381.462.7374000 Liège, since 21-11-2025
Financial year end
31 December
Peppol
Reachable since 26-11-2025
Company details

Annual accounts 2025

≈ €780,000estimated
€5.0m▼ 19.1%
Filing
Filed on 20-08-2026
Financials

Insights on FL PROJECTS

FL PROJECTS files the abbreviated format. That format states no turnover. The gross margin rose from -€54,977 in 2010 to €440,567 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 PROJECTS

What is the company number of FL PROJECTS?
The company number of FL PROJECTS is 0825.602.038. The VAT number is the same number with BE in front: BE 0825.602.038.
Where is FL PROJECTS based?
The registered office is at Rue des Anneux 2, 4053 Chaudfontaine.Company details
What does FL PROJECTS do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of FL PROJECTS?
FL PROJECTS is a private limited company (BV).
When was FL PROJECTS founded?
FL PROJECTS was founded on 04-05-2010.
Is FL PROJECTS still active?
Yes, FL PROJECTS is an active enterprise in the KBO register.
What is the turnover of FL PROJECTS?
The turnover in financial year 2025 is ≈ €780,000. This figure is estimated from the gross margin of €440,567 and 40 comparable companies (NACE 681). It probably lies between €590,000 and €1.3m.Financials
Is FL PROJECTS profitable?
In financial year 2025, FL PROJECTS made a profit of €169,155.
Where can I find the annual accounts of FL PROJECTS?
FL PROJECTS filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FL PROJECTS due?
FL PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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