FL3
ActiveSummary
FL3 has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99,400 and a net result of -€23,644. Equity is shrinking by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 15% of 484 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability16▼-6
Solvency36▼-8
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.13 against 1.36 in 2024; short-term debt: 83.1% and cash: 3.6% of total assets), and 89% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€23,644
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 484 sector peers (2025).
NBB · sector comparisonPosition among 484 sector peers
Solvency
better than 15%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
17 d late
2023
31 d late
2022
40 d late
2021
29 d late
2020
55 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 29 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€23,644▲ 5.3%
2024 · -€24,973
Working capital
€98,940▼ 66.0%
2024 · €290,840
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€10,012€11,817▲ 18.0%€38,507▲ 226%€75,500▲ 96.1%-€9,232
Net result€11,281within the sector's middle half€12,825within the sector's middle half▲ 13.7%€2,776below the sector's middle half▼ 78.4%-€24,973below the sector's middle half-€23,644below the sector's middle half▲ 5.3%
Equity€246,399within the sector's middle half▲ 4.8%€235,224within the sector's middle half▼ 4.5%€238,000within the sector's middle half▲ 1.2%€213,026below the sector's middle half▼ 10.5%€99,400below the sector's middle half▼ 53.3%
Total assets€1.1mwithin the sector's middle half▲ 24.8%€1.1mwithin the sector's middle half▲ 0.6%€1.1mwithin the sector's middle half▲ 0.9%€1.1mwithin the sector's middle half▼ 0.1%€901,302below the sector's middle half▼ 21.5%
Debt€834,108▲ 34.5%€851,621▲ 2.1%€859,152▲ 0.9%€883,469▲ 2.8%€749,741▼ 15.1%
Working capital€630,067above the sector's middle half▲ 26.9%€509,096above the sector's middle half▼ 19.2%€409,502within the sector's middle half▼ 19.6%€290,840within the sector's middle half▼ 29.0%€98,940within the sector's middle half▼ 66.0%
Solvency21.8%within the sector's middle half▼ 4.2pp20.7%within the sector's middle half▼ 1.1pp20.7%within the sector's middle half▲ 0.1pp18.5%below the sector's middle half▼ 2.2pp11.0%below the sector's middle half▼ 7.5pp
Current ratio2.49above the sector's middle half▲ 0.111.92within the sector's middle half▼ 0.571.60within the sector's middle half▼ 0.321.36within the sector's middle half▼ 0.241.13within the sector's middle half▼ 0.23
Return on assets (ROA)1.0%within the sector's middle half▲ 11.7pp1.1%within the sector's middle half▲ 0.1pp0.2%below the sector's middle half▼ 0.9pp-2.2%below the sector's middle half▼ 2.4pp-2.6%below the sector's middle half▼ 0.4pp
Staff (FTE)4.8within the sector's middle half▼ 28.4%4.4within the sector's middle half▼ 8.3%4.3within the sector's middle half▼ 2.3%3.4within the sector's middle half▼ 20.9%0below the sector's middle half▼ 100%
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9,232 after €75,500 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €901,302
Fixed assets
€53,649 ▼ 8.5%
Current assets
€847,653 ▼ 22.2%
Equity and liabilities €901,302
Equity
€99,400 ▼ 53.3%
Provisions
€52,160 =
Debt
€749,741 ▼ 15.1%
Debt's share of the balance-sheet total rises from 76.9% to 83.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3,546▼
2024 · €90,683
Cash flow
-€10,866▼
2024 · -€9,791
Quick ratio
0.10▼
2024 · 0.21
Debt to equity
7.54▲
2024 · 4.15
ROE
-23.8%▼
2024 · -11.7%
Interest coverage
0.09▼
2024 · 0.77
Debt ≤ 1 year
€748,712▼
2024 · €799,165
Debt > 1 year
€1,029▼
2024 · €84,305
Income taxes
€98▼
2024 · €240
Staff costs
€120,457▼
2024 · €141,768
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,507 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
1.6%
went bankrupt
1.8%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,507 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0 | - |
| Remuneration, social security and pensions62 | €157,236 | €166,558 | €170,778 | €141,768 | €120,457 | ▼ 15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,200 | €16,411 | €16,411 | €15,183 | €12,778 | ▼ 15.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €112,768 | €9,624 | -€18,469 | €1,187 | €2,648 | ▲ 123% |
| Other operating charges640/8 | €35,997 | €28,203 | €20,466 | €44,307 | €16,511 | ▼ 62.7% |
| Non-recurring operating charges66A | - | €338 | €100 | - | €8,278 | - |
| Gross operating margin9900 | €335,213 | €232,950 | €227,793 | €277,945 | €151,440 | ▼ 45.5% |
| Operating profit (loss)9901 | €10,012 | €11,817 | €38,507 | €75,500 | -€9,232 | ▼ 112% |
| Financial income75/76B | €27,773 | €21,329 | €19,545 | €18,027 | €25,209 | ▲ 39.8% |
| Recurring financial income75 | €27,773 | €21,329 | €19,545 | €18,027 | €25,209 | ▲ 39.8% |
| Financial charges65/66B | €26,419 | €18,241 | €56,980 | €118,261 | €39,522 | ▼ 66.6% |
| Recurring financial charges65 | €26,419 | €18,241 | €56,980 | €118,261 | €39,522 | ▼ 66.6% |
| Profit (loss) for the period before taxes9903 | €11,366 | €14,905 | €1,072 | -€24,733 | -€23,546 | ▲ 4.8% |
| Income taxes67/77 | €85 | €2,080 | -€1,703 | €240 | €98 | ▼ 59.3% |
| Profit (loss) for the period9904 | €11,281 | €12,825 | €2,776 | -€24,973 | -€23,644 | ▲ 5.3% |
| Profit (loss) for the period to be appropriated9905 | €11,281 | €12,825 | €2,776 | -€24,973 | -€23,644 | ▲ 5.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.1m | €1.1m | €1.1m | €901,302 | ▼ 21.5% |
| Fixed assets21/28 | €79,602 | €74,593 | €57,089 | €58,651 | €53,649 | ▼ 8.5% |
| Intangible fixed assets21 | €4,711 | €3,433 | €2,155 | €877 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €57,472 | €53,741 | €41,266 | €44,506 | €40,380 | ▼ 9.3% |
| Land and buildings22 | €27,135 | €25,613 | €22,662 | €19,711 | €18,678 | ▼ 5.2% |
| Plant, machinery and equipment23 | €25,384 | €25,090 | €16,177 | €8,826 | €3,687 | ▼ 58.2% |
| Furniture and vehicles24 | €4,953 | €3,038 | €2,426 | €3,395 | €6,818 | ▲ 101% |
| Other tangible fixed assets26 | - | - | - | €12,574 | €11,198 | ▼ 10.9% |
| Financial fixed assets28 | €17,419 | €17,419 | €13,669 | €13,269 | €13,269 | = |
| Current assets29/58 | €1.1m | €1.1m | €1.1m | €1.1m | €847,653 | ▼ 22.2% |
| Amounts receivable after more than one year29 | €38,019 | €35,096 | €94,553 | €91,544 | €26,068 | ▼ 71.5% |
| Other amounts receivable291 | €38,019 | €35,096 | €94,553 | €91,544 | €26,068 | ▼ 71.5% |
| Stocks and contracts in progress3 | €656,017 | €842,704 | €901,273 | €919,627 | €769,329 | ▼ 16.3% |
| Stocks30/36 | €656,017 | €842,704 | €901,273 | €919,627 | €769,329 | ▼ 16.3% |
| Amounts receivable within one year40/41 | €24,938 | €78,926 | - | €3,447 | €13,979 | ▲ 306% |
| Trade receivables40 | €4,105 | €27,109 | - | €3,447 | €9,698 | ▲ 181% |
| Other amounts receivable41 | €20,833 | €51,816 | - | - | €4,282 | - |
| Cash at bank and in hand54/58 | €328,168 | €97,288 | €86,842 | €63,176 | €32,250 | ▼ 49.0% |
| Deferred charges and accrued income490/1 | €5,924 | €10,400 | €9,555 | €12,211 | €6,026 | ▼ 50.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €1.1m | €1.1m | €901,302 | ▼ 21.5% |
| Equity10/15 | €246,399 | €235,224 | €238,000 | €213,026 | €99,400 | ▼ 53.3% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €256,341 | €232,341 | €232,341 | €232,341 | €142,359 | ▼ 38.7% |
| Non-distributable reserves130/1 | €5,463 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | €5,463 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Distributable reserves133 | €250,878 | €226,191 | €226,191 | €226,191 | €136,209 | ▼ 39.8% |
| Profit (loss) carried forward14 | -€71,443 | -€58,617 | -€55,842 | -€80,815 | -€104,459 | ▼ 29.3% |
| Provisions and deferred taxes16 | €52,160 | €52,160 | €52,160 | €52,160 | €52,160 | = |
| Provisions for liabilities and charges160/5 | €52,160 | €52,160 | €52,160 | €52,160 | €52,160 | = |
| Pensions and similar obligations160 | €52,160 | €52,160 | €52,160 | €52,160 | €52,160 | = |
| Amounts payable17/49 | €834,108 | €851,621 | €859,152 | €883,469 | €749,741 | ▼ 15.1% |
| Amounts payable after more than one year17 | €410,497 | €290,757 | €173,231 | €84,305 | €1,029 | ▼ 98.8% |
| Financial debts170/4 | €410,497 | €290,757 | €173,231 | €84,305 | €1,029 | ▼ 98.8% |
| Amounts payable within one year42/48 | €422,999 | €555,317 | €682,721 | €799,165 | €748,712 | ▼ 6.3% |
| Current portion of amounts payable after more than one year42 | €257,624 | €331,240 | €363,321 | €373,831 | €310,781 | ▼ 16.9% |
| Financial debts43 | - | - | - | - | €45 | - |
| Credit institutions430/8 | - | - | - | - | €45 | - |
| Trade debts44 | €61,889 | €157,157 | €37,792 | €95,306 | €98,320 | ▲ 3.2% |
| Suppliers440/4 | €61,889 | €157,157 | €37,792 | €95,306 | €98,320 | ▲ 3.2% |
| Taxes, remuneration and social security45 | €64,098 | €62,015 | €112,706 | €168,610 | €126,329 | ▼ 25.1% |
| Taxes450/3 | €23,791 | €19,264 | €65,830 | €141,637 | €101,638 | ▼ 28.2% |
| Remuneration and social security454/9 | €40,307 | €42,751 | €46,876 | €26,973 | €24,691 | ▼ 8.5% |
| Other amounts payable47/48 | €39,388 | €4,904 | €168,902 | €161,418 | €213,236 | ▲ 32.1% |
| Accrued charges and deferred income492/3 | €612 | €5,547 | €3,200 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,281 | €12,825 | €2,776 | -€24,973 | -€23,644 | ▲ 5.3% |
| + Depreciation and write-downs630 | €19,200 | €16,411 | €16,411 | €15,183 | €12,778 | ▼ 15.8% |
| Operating cash flow (approximation) | €30,482 | €29,236 | €19,187 | -€9,791 | -€10,866 | ▼ 11.0% |
| Investment in fixed assets (approximation) | - | -€11,402 | €1,092 | -€16,744 | -€7,776 | ▲ 53.6% |
| Change in cash | - | -€230,880 | -€10,446 | -€23,667 | -€30,926 | ▼ 30.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
17-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 17 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
09-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 40 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-12
Financial
Back to profitnet €11,281
Net result €11,281 after one loss-making year.
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 55 days late
2020
31-12
Financial
Weakest financial yearnet -€97,318
Net result drops to -€97,318, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 56 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Hasselt · 1 establishment unit since 2006
Ground area
909 m²
Building footprint
382 m²
Volume, LiDAR
1,751 m³
Parcel 71055B0555/00A002, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FL3
since 20062.151.786.236
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71055B0555/00A002 | Flanders | 909 m² | 1 · 382 m² | 8.4 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 878 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 878 EUR | 0 EUR |
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Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. 1,093 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-08-2005
Fiscal year end31-12
Trade name NL
“FL3 Schoenen Windmolders”, “Schoenen Windmolders” of “Camrio”.
Activities, NACEBEL 2025
01610Support activities for crop production
47721Retail sale of footwear
16230Manufacture of other builders' carpentry and joinery
22240Manufacture of rubber and plastic products
25110Manufacture of metal structures and parts of structures
31004Manufacture of dining room, living room, bedroom and bathroom furniture
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0875569510
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.