Summary
FLCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €25,372 and a net result of -€556. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 91% of 494 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 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 · 10 filingsDeviation from the deadline
2025
14 d late
2024
on the day
2023
19 d late
2022
7 d late
2021
2 d late
2020
26 d late
2019
60 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 18 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% 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 7 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Equity
€25,372▼ 2.1%
2024 · €25,927
Net result
-€556
2024 · €1,235
Total assets
€27,786▼ 0.1%
2024 · €27,824
Solvency
91.3%▼ 1.9pp
2024 · 93.2%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance 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€68€14,173▲ 20,706%€14,559▲ 2.7%€2,129▼ 85.4%-€365
Net result€36below the sector's middle half€13,779within the sector's middle half▲ 38,335%€11,356below the sector's middle half▼ 17.6%€1,235below the sector's middle half▼ 89.1%-€556below the sector's middle half
Equity-€443below the sector's middle half▲ 7.5%€13,336below the sector's middle half€24,692below the sector's middle half▲ 85.2%€25,927below the sector's middle half▲ 5.0%€25,372below the sector's middle half▼ 2.1%
Total assets€22,566below the sector's middle half▲ 13.5%€29,695below the sector's middle half▲ 31.6%€35,289below the sector's middle half▲ 18.8%€27,824below the sector's middle half▼ 21.2%€27,786below the sector's middle half▼ 0.1%
Debt€23,008▲ 13.0%€16,359▼ 28.9%€10,596▼ 35.2%€1,897▼ 82.1%€2,415▲ 27.3%
Working capital-€8,864within the sector's middle half▲ 23.2%€7,560within the sector's middle half€21,336within the sector's middle half▲ 182%€24,784within the sector's middle half▲ 16.2%€25,287within the sector's middle half▲ 2.0%
Solvency-2.0%below the sector's middle half▲ 0.4pp44.9%within the sector's middle half▲ 46.9pp70.0%above the sector's middle half▲ 25.1pp93.2%above the sector's middle half▲ 23.2pp91.3%above the sector's middle half▼ 1.9pp
Current ratio0.61below the sector's middle half▲ 0.181.46within the sector's middle half▲ 0.853.01above the sector's middle half▲ 1.5514.07above the sector's middle half▲ 11.0511.47above the sector's middle half▼ 2.60
Return on assets (ROA)0.2%below the sector's middle half▲ 19.0pp46.4%above the sector's middle half▲ 46.2pp32.2%above the sector's middle half▼ 14.2pp4.4%within the sector's middle half▼ 27.7pp-2.0%below the sector's middle half▼ 6.4pp
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance 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 €365 after €2,129 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27,786
Fixed assets
€85 ▼ 92.6%
Current assets
€27,701 ▲ 3.8%
Equity and liabilities €27,786
Equity
€25,372 ▼ 2.1%
Debt
€2,415 ▲ 27.3%
Debt's share of the balance-sheet total rises from 6.8% to 8.7%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-2.2%▼
2024 · 4.8%
Debt ≤ 1 year
€2,415▲
2024 · €1,897
Income taxes
€0▼
2024 · €728
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,645 | €2,645 | €2,421 | €2,213 | €1,058 | ▼ 52.2% |
| Other operating charges640/8 | €857 | €577 | €764 | €735 | €661 | ▼ 10.1% |
| Gross operating margin9900 | €3,569 | €17,394 | €17,743 | €5,077 | €1,354 | ▼ 73.3% |
| Operating profit (loss)9901 | €68 | €14,173 | €14,559 | €2,129 | -€365 | ▼ 117% |
| Financial charges65/66B | €158 | €161 | €161 | €166 | €191 | ▲ 14.9% |
| Recurring financial charges65 | €158 | €161 | €161 | €166 | €191 | ▲ 14.9% |
| Profit (loss) for the period before taxes9903 | -€90 | €14,012 | €14,397 | €1,963 | -€556 | ▼ 128% |
| Income taxes67/77 | -€126 | €233 | €3,041 | €728 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €36 | €13,779 | €11,356 | €1,235 | -€556 | ▼ 145% |
| Profit (loss) for the period to be appropriated9905 | €36 | €13,779 | €11,356 | €1,235 | -€556 | ▼ 145% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €22,566 | €29,695 | €35,289 | €27,824 | €27,786 | ▼ 0.1% |
| Fixed assets21/28 | €8,421 | €5,777 | €3,356 | €1,143 | €85 | ▼ 92.6% |
| Tangible fixed assets22/27 | €8,336 | €5,692 | €3,271 | €1,058 | €0 | ▼ 100% |
| Furniture and vehicles24 | €8,336 | €5,692 | €3,271 | €1,058 | €0 | ▼ 100% |
| Financial fixed assets28 | €85 | €85 | €85 | €85 | €85 | = |
| Current assets29/58 | €14,145 | €23,918 | €31,933 | €26,681 | €27,701 | ▲ 3.8% |
| Amounts receivable within one year40/41 | €9,224 | €6,429 | €21,705 | €2,386 | €3,150 | ▲ 32.0% |
| Trade receivables40 | €9,224 | €6,429 | €21,705 | €1,489 | €3,150 | ▲ 112% |
| Other amounts receivable41 | - | - | - | €898 | - | - |
| Cash at bank and in hand54/58 | €4,574 | €17,264 | €10,099 | €23,510 | €23,671 | ▲ 0.7% |
| Deferred charges and accrued income490/1 | €347 | €225 | €129 | €784 | €880 | ▲ 12.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €22,566 | €29,695 | €35,289 | €27,824 | €27,786 | ▼ 0.1% |
| Equity10/15 | -€443 | €13,336 | €24,692 | €25,927 | €25,372 | ▼ 2.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€20,903 | -€7,124 | €4,232 | €5,467 | €4,912 | ▼ 10.2% |
| Amounts payable17/49 | €23,008 | €16,359 | €10,596 | €1,897 | €2,415 | ▲ 27.3% |
| Amounts payable within one year42/48 | €23,008 | €16,359 | €10,596 | €1,897 | €2,415 | ▲ 27.3% |
| Trade debts44 | €584 | €318 | €63 | €95 | €931 | ▲ 879% |
| Suppliers440/4 | €584 | €318 | €63 | €95 | €931 | ▲ 879% |
| Taxes, remuneration and social security45 | - | €2,998 | €3,720 | €728 | €409 | ▼ 43.7% |
| Taxes450/3 | - | €2,998 | €3,720 | €728 | €409 | ▼ 43.7% |
| Other amounts payable47/48 | €22,425 | €13,042 | €6,813 | €1,074 | €1,074 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36 | €13,779 | €11,356 | €1,235 | -€556 | ▼ 145% |
| + Depreciation and write-downs630 | €2,645 | €2,645 | €2,421 | €2,213 | €1,058 | ▼ 52.2% |
| Operating cash flow (approximation) | €2,680 | €16,423 | €13,777 | €3,448 | €502 | ▼ 85.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €12,690 | -€7,166 | €13,412 | €161 | ▼ 98.8% |
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
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 14 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity times 5current ratio 14.07
Current ratio from 3.01 to 14.07; short-term debt falls from €10,596 to €1,897.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 19 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 3.01
Current ratio from 1.46 to 3.01; short-term debt falls from €16,359 to €10,596.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 7 days late
2022
31-12
Financial
Highest result since 2018net €13,779 ▲38,335%
Net result €13,779, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 1.46
Current ratio from 0.61 to 1.46; short-term debt falls from €23,008 to €16,359.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 2 days late
2021
31-12
Financial
Back to profitnet €36
Net result €36 after 3 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 60 days late
Show earlier events
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 16 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Elsene · 1 establishment unit since 2005
Ground area
347 m²
Building footprint
86 m²
Volume, LiDAR
961 m³
Parcel 21446D0178/00B003, Brussels · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
FLCO
since 20052.148.408.557
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446D0178/00B003 | Brussels | 347 m² | 1 · 86 m² | 14.7 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.
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Of 853 companies in sector 66210 we hold annual accounts for 511. 328 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-08-2005
Fiscal year end31-12
Activities, NACEBEL 2025
66210Risk and damage evaluation
47789Other retail sale of new goods
70100Activities of head offices
71121Engineering and related technical consultancy, excluding land surveyors
80010Investigation and private security services
96999Other personal services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0875486168
Registered
01-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.