FLC CONSTRUCT
InactiveFLC CONSTRUCT was declared bankrupt on 09-10-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 13-11-2025, published in the Belgian State Gazette on 10-12-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline21-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 07-02-2023, 191 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
191 d late
2020
123 d late
2019
130 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12k▼ 56.3%
2020 · €28k
2018: €47k
2019: €34k
2020: €28k
2018 → 2021
Working capital
€230k▲ 12.8%
2020 · €204k
2018: €136k
2019: €158k
2020: €204k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€177k-€211k▲ 19.2%€239k▲ 13.3%€251k▲ 5.1%
Operating result€71k-€52k▼ 26.1%€48k▼ 8.7%€31k▼ 35.6%
Net result€47k-€34k▼ 28.2%€28k▼ 17.4%€12k▼ 56.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2021 is 36% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €904k
Fixed assets
€52k▼ 53.7%
Current assets
€852k▲ 7.3%
Equity and liabilities €904k
Equity
€251k▲ 5.1%
Debt
€652k▼ 2.2%
The debt ratio falls from 73.6% to 72.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€68k▼
2020 · €94k
Cash flow
€49k▼
2020 · €75k
Solvency
27.8%▲
2020 · 26.4%
Current ratio
1.37▲
2020 · 1.35
Quick ratio
1.37▲
2020 · 1.35
Debt / equity
2.60▲
2020 · 0.32
ROE
4.9%▼
2020 · 11.7%
ROA
1.4%▼
2020 · 3.1%
Interest coverage
8.29
Debt
€652k▼
2020 · €667k
Debt ≤ 1 year
€622k▲
2020 · €590k
Debt > 1 year
€30k▼
2020 · €77k
Income taxes
€11k▼
2020 · €12k
Staff costs
€116k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€906k€904k▼
Fixed assets21/28€112k€52k▼
Tangible fixed assets22/27€107k€47k▼
Plant, machinery and equipment23-€5k
Furniture and vehicles24-€5k
Leasing and similar rights25-€36k
Financial fixed assets28€5k€5k=
Current assets29/58€794k€852k▲
Amounts receivable within one year40/41€766k€746k▼
Trade receivables40-€659k
Other amounts receivable41-€88k
Cash at bank and in hand54/58€27k€10k▼
Deferred charges and accrued income490/1-€96k
Equity and liabilities
Total equity and liabilities10/49€906k€904k▼
Equity10/15€239k€251k▲
Contributions10/11-€6k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€231k€243k▲
Amounts payable17/49€667k€652k▼
Amounts payable after more than one year17€77k€30k▼
Financial debts170/4-€30k
Amounts payable within one year42/48€590k€622k▲
Current portion of amounts payable after more than one year42-€41k
Financial debts43-€31
Credit institutions430/8-€31
Trade debts44€447k€416k▼
Suppliers440/4-€416k
Taxes, remuneration and social security45-€120k
Taxes450/3-€68k
Remuneration and social security454/9-€52k
Other amounts payable47/48-€44k
Income statement
Code20202021
Remuneration, social security and pensions62-€116k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€37k▼
Other operating charges640/8-€6k
Gross operating margin9900€154k€190k▲
Operating profit (loss)9901€48k€31k▼
Financial income75/76B-€313
Recurring financial income75€196€313▲
Financial charges65/66B-€8k
Recurring financial charges65€8k€8k▲
Profit (loss) for the period before taxes9903€40k€23k▼
Income taxes67/77€12k€11k▼
Profit (loss) for the period9904€28k€12k▼
Profit (loss) for the period to be appropriated9905€28k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€243k
Profit (loss) brought forward from the previous period14P-€231k
Social balance
Average headcount (FTE)9087-3.8
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · FLC CONSTRUCT SRL RUE DES ANCIENS ETANGS 40, 1190 FOREST. déclarée le 9 octobre 2023 · event 13-11-2025
2023
13-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · FLC CONSTRUCT SRL RUE DES ANCIENS ETANGS 40, 1190 FOREST · event 09-10-2023
07-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 191 days late
2021
31-12
Financial
Weakest financial yearnet €12k ▼56.3%
Net result drops to €12k, the lowest in the series.
01-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 123 days late
2020
08-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 130 days late
03-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 156 days late
2019
31-12
Financial
Equity above €200kEq €211k ▲19.2%
2 profitable years in a row build equity to €211k.
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 62 days late
2017
04-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 65 days late
2016
07-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 38 days late
2015
22-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GUY KELDER PLACE GUY D’AREZZO 18, 1180 UCCLE- |
09-10-2023 → present |