FLEERIJNS
ActiveSummary
FLEERIJNS has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €17,639 and a net result of €21,355. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 15862 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
What stands out
Overview
Accounts 62 d overdue0 of 2 deeds readTurnover not published (abridged schema)
Why 65- Higher-failure-rate sector- Annual accounts: weaker financial profile+ Long track recordFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability94▼-6
Solvency41▲+21
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.53 against 0.59 in 2023; short-term debt: 65.8% and cash: 18.8% of total assets), and 83.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
16.4%
Return on assets
19.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
61 d late
2022
152 d late
2021
153 d late
2020
61 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 97 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Back to profitnet €25,315
Financials
Fiscal year 2024Total assets €107,837Profit €21,355Solvency 16.4%Liquidity 0.53
Total assets
€107,837▲ 48.9%
2018 - 2024
Net result
€21,355▼ 15.6%
2018 - 2024
Equity
€17,639
2018 - 2024
Solvency
16.4%▲ 21.5pp
2018 - 2024
Financials · fiscal year 2024, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€4,646-€7,166▼ 54.2%-€16,351▼ 128%€27,600€27,205▼ 1.4%
Net result-€5,771below the sector's middle half-€8,433below the sector's middle half▼ 46.1%-€18,679below the sector's middle half▼ 122%€25,315within the sector's middle half€21,355within the sector's middle half▼ 15.6%
Equity-€1,919below the sector's middle half-€10,352below the sector's middle half▼ 439%-€29,031below the sector's middle half▼ 180%-€3,716below the sector's middle half▲ 87.2%€17,639within the sector's middle half
Total assets€56,798below the sector's middle half▲ 10.3%€81,832within the sector's middle half▲ 44.1%€61,325below the sector's middle half▼ 25.1%€72,430within the sector's middle half▲ 18.1%€107,837within the sector's middle half▲ 48.9%
Debt€58,717▲ 23.3%€92,184▲ 57.0%€90,356▼ 2.0%€76,146▼ 15.7%€90,198▲ 18.5%
Working capital-€24,787below the sector's middle half▼ 160%-€68,628below the sector's middle half▼ 177%-€52,791below the sector's middle half▲ 23.1%-€23,828below the sector's middle half▲ 54.9%-€33,677below the sector's middle half▼ 41.3%
Solvency-3.4%below the sector's middle half▼ 10.9pp-12.7%below the sector's middle half▼ 9.3pp-47.3%below the sector's middle half▼ 34.7pp-5.1%below the sector's middle half▲ 42.2pp16.4%within the sector's middle half▲ 21.5pp
Current ratio0.46below the sector's middle half▼ 0.190.22below the sector's middle half▼ 0.240.20below the sector's middle half▼ 0.020.59below the sector's middle half▲ 0.390.53below the sector's middle half▼ 0.07
Return on assets (ROA)-10.2%below the sector's middle half▼ 39.8pp-10.3%below the sector's middle half▼ 0.1pp-30.5%below the sector's middle half▼ 20.2pp35.0%above the sector's middle half▲ 65.4pp19.8%above the sector's middle half▼ 15.1pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 1% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €107,837
Fixed assets
€70,580 ▲ 88.0%
Current assets
€37,257 ▲ 6.8%
Equity and liabilities €107,837
Equity
€17,639
Debt
€90,198
Debt finances 83.6% of the balance-sheet total.
Key figures and ratios
Key figures and ratios
EBITDA
€32,937▼
2023 · €42,215
Cash flow
€27,087▼
2023 · €39,929
Quick ratio
0.48▼
2023 · 0.54
Debt to equity
5.11
ROE
121.1%
Interest coverage
96.19▲
2023 · 16.48
Debt ≤ 1 year
€70,933▲
2023 · €58,723
Debt > 1 year
€19,265▲
2023 · €17,423
Income taxes
€5,507▲
2023 · -€276
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.0%
went bankrupt
3.7%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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% | 1.8% |
| 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 3,818 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.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €13,680 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,501 | €15,027 | €14,615 | €14,615 | €5,732 | ▼ 60.8% |
| Other operating charges640/8 | - | €1,610 | €1,948 | €1,619 | €1,885 | ▲ 16.4% |
| Gross operating margin9900 | €7,444 | €9,472 | €211 | €43,834 | €34,822 | ▼ 20.6% |
| Operating profit (loss)9901 | -€4,646 | -€7,166 | -€16,351 | €27,600 | €27,205 | ▼ 1.4% |
| Financial income75/76B | - | €5 | €72 | - | - | - |
| Recurring financial income75 | €0 | €5 | €72 | - | - | - |
| Financial charges65/66B | - | €1,113 | €2,653 | €2,562 | €342 | ▼ 86.6% |
| Recurring financial charges65 | €966 | €1,113 | €2,653 | €2,562 | €342 | ▼ 86.6% |
| Profit (loss) for the period before taxes9903 | -€5,612 | -€8,273 | -€18,933 | €25,038 | €26,863 | ▲ 7.3% |
| Income taxes67/77 | €160 | €160 | -€254 | -€276 | €5,507 | ▲ 2,093% |
| Profit (loss) for the period9904 | -€5,771 | -€8,433 | -€18,679 | €25,315 | €21,355 | ▼ 15.6% |
| Profit (loss) for the period to be appropriated9905 | -€5,771 | -€8,433 | -€18,679 | €25,315 | €21,355 | ▼ 15.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €56,798 | €81,832 | €61,325 | €72,430 | €107,837 | ▲ 48.9% |
| Fixed assets21/28 | €35,313 | €62,453 | €47,800 | €37,535 | €70,580 | ▲ 88.0% |
| Tangible fixed assets22/27 | €35,164 | €62,304 | €47,651 | €37,386 | €70,431 | ▲ 88.4% |
| Land and buildings22 | - | €31,974 | €27,995 | €24,055 | €20,115 | ▼ 16.4% |
| Plant, machinery and equipment23 | - | €5,625 | €3,916 | €1,766 | €46,467 | ▲ 2,531% |
| Furniture and vehicles24 | - | €24,705 | €15,740 | €11,565 | €3,850 | ▼ 66.7% |
| Financial fixed assets28 | €149 | €149 | €149 | €149 | €149 | = |
| Current assets29/58 | €21,485 | €19,378 | €13,526 | €34,895 | €37,257 | ▲ 6.8% |
| Stocks and contracts in progress3 | €3,476 | €3,476 | €3,476 | €3,476 | €3,476 | = |
| Stocks30/36 | - | €3,476 | €3,476 | €3,476 | €3,476 | = |
| Amounts receivable within one year40/41 | €18,010 | €15,903 | €7,980 | €9,356 | €13,479 | ▲ 44.1% |
| Trade receivables40 | - | €15,836 | €7,493 | €8,661 | €13,479 | ▲ 55.6% |
| Other amounts receivable41 | - | €67 | €487 | €695 | - | - |
| Cash at bank and in hand54/58 | - | - | - | €19,994 | €20,302 | ▲ 1.5% |
| Deferred charges and accrued income490/1 | - | - | €2,069 | €2,069 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €56,798 | €81,832 | €61,325 | €72,430 | €107,837 | ▲ 48.9% |
| Equity10/15 | -€1,919 | -€10,352 | -€29,031 | -€3,716 | €17,639 | ▲ 575% |
| Contributions10/11 | - | €6,605 | €6,605 | €6,605 | €6,605 | = |
| Outside capital11 | - | €6,605 | €6,605 | €6,605 | €6,605 | = |
| Other1109/19 | - | €6,605 | €6,605 | €6,605 | €6,605 | = |
| Reserves13 | €3,527 | €3,527 | €3,527 | €3,527 | €11,033 | ▲ 213% |
| Non-distributable reserves130/1 | - | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Reserves not available under the articles1311 | - | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Distributable reserves133 | - | €1,627 | €1,627 | €1,627 | €9,133 | ▲ 461% |
| Profit (loss) carried forward14 | -€12,051 | -€20,484 | -€39,163 | -€13,849 | - | - |
| Amounts payable17/49 | €58,717 | €92,184 | €90,356 | €76,146 | €90,198 | ▲ 18.5% |
| Amounts payable after more than one year17 | €12,445 | €4,177 | €24,040 | €17,423 | €19,265 | ▲ 10.6% |
| Financial debts170/4 | - | €4,177 | €24,040 | €17,423 | €19,265 | ▲ 10.6% |
| Amounts payable within one year42/48 | €46,272 | €88,006 | €66,317 | €58,723 | €70,933 | ▲ 20.8% |
| Current portion of amounts payable after more than one year42 | - | €9,445 | €6,451 | €6,617 | - | - |
| Financial debts43 | - | €20,476 | €12,079 | - | - | - |
| Credit institutions430/8 | - | €20,476 | €12,079 | - | - | - |
| Trade debts44 | €6,177 | €15,321 | €20,323 | €22,897 | €28,284 | ▲ 23.5% |
| Suppliers440/4 | - | €15,321 | €20,323 | €22,897 | €28,284 | ▲ 23.5% |
| Taxes, remuneration and social security45 | - | €11,842 | €1,191 | €2,938 | €16,377 | ▲ 457% |
| Taxes450/3 | - | €5,836 | €1,191 | €2,938 | €16,377 | ▲ 457% |
| Remuneration and social security454/9 | - | €6,006 | - | - | - | - |
| Other amounts payable47/48 | - | €30,922 | €26,272 | €26,272 | €26,272 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,771 | -€8,433 | -€18,679 | €25,315 | €21,355 | ▼ 15.6% |
| + Depreciation and write-downs630 | €10,501 | €15,027 | €14,615 | €14,615 | €5,732 | ▼ 60.8% |
| Operating cash flow (approximation) | €4,729 | €6,594 | -€4,065 | €39,929 | €27,087 | ▼ 32.2% |
| Investment in fixed assets (approximation) | - | -€42,167 | €39 | -€4,350 | -€38,778 | ▼ 791% |
| Change in cash | - | - | - | - | €308 | - |
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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AGRIMADIS
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MELKTECHNIK BELGIEN
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Homburg Belgium
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Of 805 companies in this sector we hold annual accounts for 566. 127 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
13 eventsLatest 30-09-2025
History
Acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €25,315
Net result €25,315 after 3 loss-making years.
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 152 days late
2022
31-12
Financial
Weakest financial yearnet -€18,679
Net result drops to -€18,679, the lowest in the series; recovery starts the following year.
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Back to profitnet €15,258
Net result €15,258 after one loss-making year.
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 61 days late
2016
30-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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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Company details
Private limited company · founded 23-12-1997Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded23-12-1997
Fiscal year end31-12
Activities, NACEBEL 2025
46610Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0462232813
Registered
08-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Rijkevorsel · 1 establishment unit since 1998
Ground area
1,217 m²
Building footprint
284 m²
Volume, LiDAR
1,301 m³
Parcel 13502E0439/00V003, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Stevennekens 116, 2310 Rijkevorsel
since 1998unit no. 2.085.812.972
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13502E0439/00V003 | Flanders | 1,217 m² | 1 · 284 m² | 6.6 m · 2 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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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