FLERUS
ActiveSummary
FLERUS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €148,021 and a net result of -€6,454. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 95% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability13▲+5
Solvency100=
Growth22=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
short-term debt: 0.1% and cash: 23.4% of total assets, and 0.1% of the assets are financed with debt.
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Signals
Five 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
99.9%
Return on assets
-4.4%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€6,454
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
32 d early
2022
31 d early
2021
19 d early
2020
1 d early
2019
38 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 8 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Turnover
€1,500▼ 25.0%
2022 · €2,000
EBIT margin
-738.0%▲ 174.7pp
2022 · -912.7%
Net result
-€6,454▲ 18.6%
2023 · -€7,932
Working capital
€148,021▼ 0.6%
2023 · €148,908
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€2,000€1,500▼ 25.0%
Operating result-€15,491▼ 115%€45,339-€18,253-€11,069▲ 39.4%-€10,243▲ 7.5%
Net result-€16,070▼ 134%€44,109-€18,567-€7,932▲ 57.3%-€6,454▲ 18.6%
EBIT margin-912.7%-738.0%▲ 174.7pp
Equity€136,865▼ 10.5%€180,974▲ 32.2%€162,407▼ 10.3%€154,475▼ 4.9%€148,021▼ 4.2%
Total assets€138,929▼ 10.5%€181,025▲ 30.3%€162,992▼ 10.0%€155,211▼ 4.8%€148,229▼ 4.5%
Debt€2,064▼ 7.1%€51▼ 97.5%€585▲ 1,043%€736▲ 25.8%€208▼ 71.8%
Working capital€1,272▼ 97.0%€164,128▲ 12,801%€151,274▼ 7.8%€148,908▼ 1.6%€148,021▼ 0.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10,243 in 2024 against €11,069 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €148,229
Equity
€148,021 ▼ 4.2%
Debt
€208 ▼ 71.8%
Debt's share of the balance-sheet total falls from 0.5% to 0.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€4,677▲
2023 · -€5,503
Cash flow
-€887▲
2023 · -€2,365
Debt to equity
0.00▼
2023 · 0.00
ROE
-4.4%▲
2023 · -5.1%
ROA
-4.4%▲
2023 · -5.1%
Interest coverage
-100.96▼
2023 · -98.67
Debt ≤ 1 year
€208▼
2023 · €736
Income taxes
€164▲
2023 · €160
A ratio outside any meaningful range has been withheld (balance sheet total €148,229, equity €148,021).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 12,304 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €2,000 | €1,500 | - | - |
| Non-recurring operating income76A | - | €57,753 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €4,017 | €6,166 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,249 | €5,788 | €5,712 | €5,567 | €5,567 | = |
| Other operating charges640/8 | - | €843 | €723 | €837 | €791 | ▼ 5.5% |
| Non-recurring operating charges66A | - | - | €9,800 | - | - | - |
| Gross operating margin9900 | -€7,354 | €51,970 | -€2,017 | -€4,666 | -€3,886 | ▲ 16.7% |
| Operating profit (loss)9901 | -€15,491 | €45,339 | -€18,253 | -€11,069 | -€10,243 | ▲ 7.5% |
| Financial income75/76B | - | - | - | €3,353 | €4,000 | ▲ 19.3% |
| Recurring financial income75 | - | - | - | €3,353 | €4,000 | ▲ 19.3% |
| Financial charges65/66B | - | €30 | €42 | €56 | €46 | ▼ 16.9% |
| Recurring financial charges65 | €579 | €30 | €42 | €56 | €46 | ▼ 16.9% |
| Non-recurring financial charges66B | - | €30 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€16,070 | €45,309 | -€18,295 | -€7,772 | -€6,289 | ▲ 19.1% |
| Income taxes67/77 | - | €1,200 | €272 | €160 | €164 | ▲ 2.8% |
| Profit (loss) for the period9904 | -€16,070 | €44,109 | -€18,567 | -€7,932 | -€6,454 | ▲ 18.6% |
| Profit (loss) for the period to be appropriated9905 | -€16,070 | €44,109 | -€18,567 | -€7,932 | -€6,454 | ▲ 18.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €138,929 | €181,025 | €162,992 | €155,211 | €148,229 | ▼ 4.5% |
| Fixed assets21/28 | €135,593 | €16,846 | €11,133 | €5,567 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €135,593 | €16,846 | €11,133 | €5,567 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €16,846 | €11,133 | €5,567 | €0 | ▼ 100% |
| Current assets29/58 | €3,336 | €164,179 | €151,859 | €149,644 | €148,229 | ▼ 0.9% |
| Amounts receivable after more than one year29 | - | €15,250 | €12,250 | €109,250 | €106,250 | ▼ 2.7% |
| Other amounts receivable291 | - | €15,250 | €12,250 | €109,250 | €106,250 | ▼ 2.7% |
| Amounts receivable within one year40/41 | - | €4,825 | €8,351 | €5,796 | €7,250 | ▲ 25.1% |
| Trade receivables40 | - | €1,089 | €2,000 | - | €1,000 | - |
| Other amounts receivable41 | - | €3,736 | €6,351 | €5,796 | €6,250 | ▲ 7.8% |
| Cash at bank and in hand54/58 | €3,336 | €144,104 | €131,257 | €34,598 | €34,729 | ▲ 0.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €138,929 | €181,025 | €162,992 | €155,211 | €148,229 | ▼ 4.5% |
| Equity10/15 | €136,865 | €180,974 | €162,407 | €154,475 | €148,021 | ▼ 4.2% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €116,865 | €160,974 | €142,407 | €134,475 | €128,021 | ▼ 4.8% |
| Non-distributable reserves130/1 | - | €2,197 | €2,197 | - | - | - |
| Reserves not available under the articles1311 | - | €2,197 | €2,197 | - | - | - |
| Tax-exempt reserves132 | - | €26,000 | €26,000 | €26,000 | €26,000 | = |
| Distributable reserves133 | - | €132,776 | €114,210 | €108,475 | €102,021 | ▼ 5.9% |
| Amounts payable17/49 | €2,064 | €51 | €585 | €736 | €208 | ▼ 71.8% |
| Amounts payable within one year42/48 | €2,064 | €51 | €585 | €736 | €208 | ▼ 71.8% |
| Trade debts44 | €46 | €51 | €89 | €576 | €48 | ▼ 91.7% |
| Suppliers440/4 | - | €51 | €89 | €576 | €48 | ▼ 91.7% |
| Taxes, remuneration and social security45 | - | - | €140 | €160 | €160 | = |
| Taxes450/3 | - | - | €140 | €160 | €160 | = |
| Other amounts payable47/48 | - | - | €356 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,070 | €44,109 | -€18,567 | -€7,932 | -€6,454 | ▲ 18.6% |
| + Depreciation and write-downs630 | €6,249 | €5,788 | €5,712 | €5,567 | €5,567 | = |
| Operating cash flow (approximation) | -€9,821 | €49,897 | -€12,854 | -€2,365 | -€887 | ▲ 62.5% |
| Investment in fixed assets (approximation) | - | €112,959 | €0 | €0 | €0 | - |
| Change in cash | - | €140,768 | -€12,847 | -€96,659 | €130 | ▲ 100% |
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
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 714.25
Current ratio from 203.38 to 714.25; short-term debt falls from €736 to €208.
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€18,567
Net result drops to -€18,567, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €44,109
Net result €44,109 after 2 loss-making years.
31-12
Financial
Liquidity times 1984current ratio 3207.25
Current ratio from 1.62 to 3207.25; short-term debt falls from €2,064 to €51.
31-12
Financial
Equity above €150,000Eq €180,974 ▲32.2%
Equity rises from €136,865 to €180,974.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
18-07
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.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Kinrooi · 1 establishment unit since 1999
Ground area
1,173 m²
Building footprint
191 m²
Volume, LiDAR
1,208 m³
Parcel 72026B0226/00G000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Venlosesteenweg (Kes) 193, 3640 Kinrooi
since 19992.092.618.117
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72026B0226/00G000 | Flanders | 1,173 m² | 1 · 191 m² | 9.3 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.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 40,840 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
Founded09-09-1999
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
96230Day spas, saunas and steam baths
Contact
E-mail
flerus@skynet.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466829227
Registered
20-11-2020
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.