FLECO
ActiveSummary
FLECO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €-24k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-84
Solvency35▼-56
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.31 against 2.78 in 2023; short-term debt: 73.3% and cash: 10.1% of total assets), and 90.2% of the assets are financed with debt.
Credit check for your own amount and term
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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2025Solvency, return and age of the figures
Solvency
9.8%
Return on assets
-31.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 31694 sector peers (2025).
NBB · sector comparisonPosition among 31694 sector peers
Solvency
better than 16%
← 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 · 5 filingsDeviation from the deadline
2025
on the day
2023
33 d early
2022
10 d early
2021
on the day
2020
3 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€7k▼ 86.1%
2023 · €53k
2020: €834
2021: €18k
2022: €44k
2023: €53k
2020 → 2025
Total assets
€76k▼ 6.9%
2023 · €81k
2020: €6k
2021: €52k
2022: €61k
2023: €81k
2020 → 2025
Net result
€-24k
2023 · €10k
2020: €-2k
2021: €17k
2022: €26k
2023: €10k
2020 → 2025
Working capital
€17k▼ 65.3%
2023 · €49k
2020: €-3k
2021: €16k
2022: €41k
2023: €49k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Equity€834-€18k▲ 2,072%€44k▲ 142%€53k▲ 21.9%€7k▼ 86.1%
Operating result€-2k-€22k€34k▲ 50.0%€13k▼ 61.2%€-21k
Net result€-2k-€17k€26k▲ 48.6%€10k▼ 61.7%€-24k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-21k in 2025, compared with €13k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €76k
Fixed assets
€3k ▼ 29.2%
Current assets
€72k ▼ 5.7%
Equity and liabilities €76k
Equity
€7k ▼ 86.1%
Debt
€68k ▲ 145%
Debt's share of the balance-sheet total rises from 34.2% to 90.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-20k▼
2023 · €15k
Cash flow
€-23k▼
2023 · €11k
Current ratio
1.31▼
2023 · 2.78
Debt to equity
9.21▲
2023 · 0.52
ROE
-318.1%▼
2023 · 18.4%
ROA
-31.2%▼
2023 · 12.1%
Interest coverage
-9.42▼
2023 · 15.38
Debt ≤ 1 year
€55k▲
2023 · €28k
Debt > 1 year
€13k
Income taxes
€476▼
2023 · €3k
Staff costs
€15k▲
2023 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2023 · 44 lines
Balance sheet
Code20232025
Assets
Total assets20/58€81k€76k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€3k€1k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€27-
Financial fixed assets28€2k€2k=
Current assets29/58€77k€72k▼
Amounts receivable within one year40/41€75k€65k▼
Trade receivables40€45k€46k▲
Other amounts receivable41€30k€18k▼
Cash at bank and in hand54/58€2k€8k▲
Equity and liabilities
Total equity and liabilities10/49€81k€76k▼
Equity10/15€53k€7k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€50k€4k▼
Amounts payable17/49€28k€68k▲
Amounts payable after more than one year17-€13k
Financial debts170/4-€13k
Amounts payable within one year42/48€28k€55k▲
Current portion of amounts payable after more than one year42-€10k
Trade debts44€13k€8k▼
Suppliers440/4€13k€8k▼
Taxes, remuneration and social security45€14k€21k▲
Taxes450/3€11k€18k▲
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48-€16k
Accrued charges and deferred income492/3€120-
Income statement
Code20232025
Remuneration, social security and pensions62€8k€15k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€616▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€11k€72k▲
Other operating charges640/8€388€14k▲
Gross operating margin9900€35k€81k▲
Operating profit (loss)9901€13k€-21k▼
Financial income75/76B€1k€26▼
Recurring financial income75€1k€26▼
Financial charges65/66B€951€2k▲
Recurring financial charges65€951€2k▲
Non-recurring financial charges66B-€17
Profit (loss) for the period before taxes9903€13k€-23k▼
Income taxes67/77€3k€476▼
Profit (loss) for the period9904€10k€-24k▼
Profit (loss) for the period to be appropriated9905€10k€-24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€50k€4k▼
Profit (loss) brought forward from the previous period14P€41k€28k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-24k ▼339%
Net result drops to €-24k, the lowest in the series.
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €26k ▲48.6%
Operating result €34k, net result €26k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.37
Current ratio from 1.46 to 3.37; short-term debt falls from €34k to €18k.
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.46
Current ratio from 0.49 to 1.46.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Aywaille · 1 establishment unit since 2020
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.
Clos Marquet 254920 AywailleGround area
1,532 m²
Building footprint
161 m²
Parcel 62098C0325/00H013, Wallonia. Linked by address, not a title deed.
1 establishment unit
FLECO
since 20202.311.890.179
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62098C0325/00H013 | Wallonia | 1,532 m² | 1 · 161 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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DATANOMY
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 19,630 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
73110Advertising agencies
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.