FLAURANGE

Active

Private limited company (pre-2019)founded 201115 yrs activeDrie Bomenstraat 99, 1180 Ukkel, BelgiumKBO/BCE: BE 0838.064.657

Summary

The computed 12-month bankruptcy probability of FLAURANGE is 5.4% (elevated). The 2012 annual accounts show equity of €7,147 and a net result of -€3,263. The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

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FLAURANGEActive

Risk analysis Report Compare

Checked score

No current score

Figures too old

The available figures for FY 2012 are too old to assess current financial health.

Bankruptcy probability: Elevated

Axes, FY 2012

Profitability0

Solvency68

Growth-

Track record85

Bankruptcy probability, 12 months

5.4% Elevated

0%0.5%1.5%4%10%≥ 25%

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Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2012

Solvency, return and age of the figures

Solvency

42.6%

Return on assets

-19.4%

Age of the figures

165 mo

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Filed after the deadline

The financial year that closed on 31-12-2012 was due by 31-07-2013 and was filed on 31-08-2013, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 1 filing

Deviation from the deadline

2012

31 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

FLAURANGE was incorporated on 25 July 2011.¹ The company has filed annual accounts once, for fiscal year 2012.²

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Financials · fiscal year 2012, full schema

Turnover

€28,315

EBIT margin

-10.9%

Net result

-€3,263

Working capital

€6,522

Balance-sheet composition

Assets €16,786

96.3%

Fixed assets €625

Current assets €16,161

Equity and liabilities €16,786

42.6%

57.4%

Equity €7,147

Debt €9,640

Debt finances 57.4% of the balance-sheet total.

Key figures and ratios

2012 value

EBITDA

-€2,380

Cash flow

-€2,563

Current ratio

1.68

ROE

-45.7%

ROA

-19.4%

Debt ≤ 1 year

€9,640

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2012 · 22 lines

Balance sheet Code2012

Assets

Total assets20/58€16,786

Formation expenses20€213

Fixed assets21/28€625

Tangible fixed assets22/27€412

Current assets29/58€16,161

Amounts receivable within one year40/41€13,380

Cash at bank and in hand54/58€2,782

Equity and liabilities

Total equity and liabilities10/49€16,786

Equity10/15€7,147

Contributions10/11€13,700

Profit (loss) carried forward14-€6,553

Amounts payable17/49€9,640

Amounts payable within one year42/48€9,640

Trade debts44€1,406

Income statement Code2012

Turnover70€28,315

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€700

Gross operating margin9900-€2,291

Operating profit (loss)9901-€3,080

Recurring financial charges65€183

Profit (loss) for the period before taxes9903-€3,263

Profit (loss) for the period9904-€3,263

Profit (loss) for the period to be appropriated9905-€3,263

Line	2012
Turnover70	€28,315
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€700
Gross operating margin9900	-€2,291
Operating profit (loss)9901	-€3,080
Recurring financial charges65	€183
Profit (loss) for the period before taxes9903	-€3,263
Profit (loss) for the period9904	-€3,263
Profit (loss) for the period to be appropriated9905	-€3,263

Line	2012
Assets
Total assets20/58	€16,786
Formation expenses20	€213
Fixed assets21/28	€625
Tangible fixed assets22/27	€412
Current assets29/58	€16,161
Amounts receivable within one year40/41	€13,380
Cash at bank and in hand54/58	€2,782
Equity and liabilities
Total equity and liabilities10/49	€16,786
Equity10/15	€7,147
Contributions10/11	€13,700
Profit (loss) carried forward14	-€6,553
Amounts payable17/49	€9,640
Amounts payable within one year42/48	€9,640
Trade debts44	€1,406

Line	2012
Profit (loss) for the period9904	-€3,263
+ Depreciation and write-downs630	€700
Operating cash flow (approximation)	-€2,563

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2013

31-08

NBB filing Annual accounts filed

fiscal year 2012 · full schema · 31 days late

NBB filing

0 of 2 acts read

About the unread acts

We know of 2 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

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, Ukkel · 1 establishment unit since 2011

seat establishment The establishment unit on the map

Ground area

112 m²

Building footprint

97 m²

Volume, LiDAR

999 m³

Parcel 21616G0149/00N005, Brussels · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

Drie Bomenstraat 99, 1180 Ukkel

Wholesale of electrical household appliances and audio-video equipment

since 20112.204.394.284

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21616G0149/00N005	Brussels	112 m²	1 · 97 m²	14.2 m · 4 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.

Identification & contact

Identification

Legal formPrivate limited company (pre-2019)

Founded25-07-2011

Fiscal year end31-12

E-invoicing

Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.