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Flemac

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Private limited company (pre-2019)·Groothandel in hijs-, hef- en transportwerktuigen· 15 yrs active
Knotwilgenweg 7 ·2220 Heist-op-den-Berg, Belgium
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BE 0829.684.154
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Turnover
EBIT margin
Net result€-203k
Working capital€103k-80.0%
Directors1
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Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 31-07-2024 with the NBB · fiscal year 2023 · verkort
€-300k€-200k€-100k€0€100kOperating result 2018: €-57k€-57kNet result 2018: €12k€12kOperating result 2019: €63k€63kNet result 2019: €36k€36kOperating result 2021: €42k€42kNet result 2021: €21k€21kOperating result 2022: €20k€20kNet result 2022: €3k€3kOperating result 2023: €-140k€-140kNet result 2023: €-203k€-203k20182019202120222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 46 — Wholesale trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 3.0% 12.2%
better than 30% of 119 sector peers
Net result €-203k €9k
better than 10% of 120 sector peers
Equity €41k €40k
better than 50% of 120 sector peers
Gross operating margin €146k €91k
better than 56% of 120 sector peers
Staff costs €259k €145k
higher than 72% of 59 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-120k
-1450% vs sector
Net profit
€-203k
-3858% vs sector
Cash flow
€-183k
-2809% vs sector
Total assets
€1.38M
-2.0% +178% vs sector
Equity
€41k
-83.1% -13% vs sector
Working capital
€103k
-80.0% +33% vs sector
Employees (FTE)
3
0.0% +20% vs sector
Staff costs
€259k
+47.7% +12% vs sector
Income taxes
€1k
-77.5% -73% vs sector
Debt
€1.34M
+15.0% +205% vs sector
Debt ≤ 1y
€1.10M
+36.6% +193% vs sector
Debt > 1y
€239k
-33.4% ≈ vs sector
Current ratio
1.09
-33.2% -11% vs sector
Quick ratio
0.63
-57.7% -35% vs sector
Solvency
3.0%
-82.8% -78% vs sector
Debt / equity
32.60
+582.2% +330% vs sector
ROE
-493.0%
-4632% vs sector
ROA
-14.7%
-705% vs sector
Interest coverage
-1.76
-103% vs sector
Figures by fiscal year
Fiscal year2023
Revenue
EBITDA€-120k
Net profit€-203k
Cash flow€-183k
Staff costs€259k
Income taxes€1k
Dividends
Total assets€1.38M
Equity€41k
Debt€1.34M
of which ≤ 1y€1.10M
of which > 1y€239k
Working capital€103k
Employees (FTE)3.0
Ratios (computed)
2023
Current ratio1.09
Quick ratio0.63
Working capital ratio7.4%
Solvency3.0%
Debt / equity32.60
Long-term debt ratio5.82
Interest coverage-1.76
Gross margin
Net margin
ROA-14.7%
ROE-493.0%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet — Assets
TOTAL ASSETS 20/58€1.38M
Fixed assets 21/28€178k
Intangible fixed assets 21€149k
Tangible fixed assets 22/27€29k
Current assets 29/58€1.20M
Stocks & contracts in progress 3€513k
Amounts receivable within one year 40/41€691k
Cash & bank 54/58€152
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.38M
Equity 10/15€41k
Contributions / capital 10/11€159k
Reserves 13€85k
Accumulated profits (losses) 14€-203k
Amounts payable 17/49€1.34M
Amounts payable after one year 17€239k
Amounts payable within one year 42/48€1.10M
Trade debts payable within one year 44€496k
Income statement
Gross operating margin 9900€146k
Operating result 9901€-140k
Financial income 75€6k
Financial charges 65€68k
Result before taxes 9903€-202k
Income taxes 67/77€1k
Net result for the period 9904€-203k
Result to be appropriated 9905€-203k
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Ratios computed by Checked.

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FY 2023 · computed
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050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.