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FLEUMACO

Active
Private limited companyfounded 200719 yrs activeHaagwinde 6, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0890.957.074
Summary

FLEUMACO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €358,052 and a net result of €9,441. Equity is growing by ~2.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability57▼-2
Solvency61▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity short (current ratio 0.31 against 0.37 in 2024; short-term debt: 17.3% and cash: 1% of total assets), and 63.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
36.2%
Return on assets
1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 filings
Deviation from the deadline
2025
29 d late
2024
37 d early
2023
27 d late
2022
28 d late
2021
31 d late
2020
3 d late
2019
51 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 4 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

FLEUMACO was incorporated on 19 July 2007.1 Total assets rose from EUR 367,223 in 2018 to EUR 988,299 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€358,052▲ 2.7%
2024 · €348,611
Total assets
€988,299▼ 2.3%
2024 · €1.0m
Net result
€9,441▲ 10.0%
2024 · €8,579
Working capital
-€118,914▼ 18.6%
2024 · -€100,305
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
Line20212022202320242025
Operating result€51,105▲ 183%€43,665▼ 14.6%€21,541▼ 50.7%€21,433▼ 0.5%€23,660▲ 10.4%
Net result€29,311▲ 169%€31,465▲ 7.3%€9,731▼ 69.1%€8,579▼ 11.8%€9,441▲ 10.0%
Equity€319,635▲ 10.1%€330,301▲ 3.3%€340,032▲ 2.9%€348,611▲ 2.5%€358,052▲ 2.7%
Total assets€1.1m▲ 2.5%€1.1m▼ 2.6%€1.0m▼ 3.2%€1.0m▼ 0.5%€988,299▼ 2.3%
Debt€759,954▼ 0.3%€720,924▼ 5.1%€677,166▼ 6.1%€663,072▼ 2.1%€630,247▼ 5.0%
Working capital-€95,004-€56,569▲ 40.5%-€71,356▼ 26.1%-€100,305▼ 40.6%-€118,914▼ 18.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2021: €51,105€51,105Net result 2021: €29,311€29,311Operating result 2022: €43,665€43,665Net result 2022: €31,465€31,465Operating result 2023: €21,541€21,541Net result 2023: €9,731€9,731Operating result 2024: €21,433€21,433Net result 2024: €8,579€8,579Operating result 2025: €23,660€23,660Net result 2025: €9,441€9,44120212022202320242025€0€10,000€20,000Operating result 2023: €21,541€21,500Net result 2023: €9,731€9,730Operating result 2024: €21,433€21,400Net result 2024: €8,579€8,580Operating result 2025: €23,660€23,700Net result 2025: €9,441€9,440202320242025
The operating result recovers in 2025; 2025 is 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €988,299
Fixed assets €935,840 ▼ 1.9%
Current assets €52,460 ▼ 9.6%
Equity and liabilities €988,299
Equity €358,052 ▲ 2.7%
Debt €630,247 ▼ 5.0%
Debt's share of the balance-sheet total falls from 65.5% to 63.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€49,121▲
2024 · €48,189
Cash flow
€34,902▼
2024 · €35,335
Current ratio
0.31▼
2024 · 0.37
Debt to equity
1.76▼
2024 · 1.90
ROE
2.6%▲
2024 · 2.5%
ROA
1.0%▲
2024 · 0.8%
Interest coverage
4.49▼
2024 · 4.71
Debt ≤ 1 year
€171,373▲
2024 · €158,337
Debt > 1 year
€457,116▼
2024 · €502,977
Income taxes
€4,203▲
2024 · €3,615
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,045 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.3% went bankrupt
3.6% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 6,045 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.0m€988,299▼
Fixed assets21/28€953,651€935,840▼
Tangible fixed assets22/27€953,287€935,475▼
Land and buildings22€942,152€929,745▼
Plant, machinery and equipment23€9,801€5,730▼
Furniture and vehicles24€1,334€0▼
Financial fixed assets28€364€364=
Current assets29/58€58,032€52,460▼
Amounts receivable within one year40/41€51,170€42,352▼
Trade receivables40€0€258▲
Other amounts receivable41€51,170€42,093▼
Cash at bank and in hand54/58€6,862€10,108▲
Equity and liabilities
Total equity and liabilities10/49€1.0m€988,299▼
Equity10/15€348,611€358,052▲
Contributions10/11€24,044€24,044=
Reserves13€324,568€334,009▲
Non-distributable reserves130/1€2,404€2,404=
Reserves not available under the articles1311€2,404€2,404=
Distributable reserves133€322,163€331,604▲
Amounts payable17/49€663,072€630,247▼
Amounts payable after more than one year17€502,977€457,116▼
Financial debts170/4€502,977€457,116▼
Amounts payable within one year42/48€158,337€171,373▲
Current portion of amounts payable after more than one year42€45,407€45,861▲
Trade debts44€2,005€0▼
Suppliers440/4€2,005€0▼
Taxes, remuneration and social security45€1,277€2,292▲
Taxes450/3€1,277€2,292▲
Other amounts payable47/48€109,648€123,221▲
Accrued charges and deferred income492/3€1,758€1,758=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,756€25,461▼
Other operating charges640/8€3,239€2,388▼
Gross operating margin9900€51,428€51,509▲
Operating profit (loss)9901€21,433€23,660▲
Financial income75/76B€1,003€923▼
Recurring financial income75€1,003€923▼
Financial charges65/66B€10,242€10,939▲
Recurring financial charges65€10,242€10,939▲
Profit (loss) for the period before taxes9903€12,195€13,644▲
Income taxes67/77€3,615€4,203▲
Profit (loss) for the period9904€8,579€9,441▲
Profit (loss) for the period to be appropriated9905€8,579€9,441▲
Appropriation of the result
Profit (loss) to be appropriated9906€8,579€9,441▲
Transfer to equity691/2€8,579€9,441▲
To other reserves6921€8,579€9,441▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,791€36,163€31,924€26,756€25,461▼ 4.8%
Other operating charges640/8€9,971€2,812€3,393€3,239€2,388▼ 26.3%
Gross operating margin9900€90,867€82,641€56,857€51,428€51,509▲ 0.2%
Operating profit (loss)9901€51,105€43,665€21,541€21,433€23,660▲ 10.4%
Financial income75/76B€0€36€303€1,003€923▼ 8.0%
Recurring financial income75€0€36€303€1,003€923▼ 8.0%
Financial charges65/66B€8,176€7,962€8,183€10,242€10,939▲ 6.8%
Recurring financial charges65€8,176€7,962€8,183€10,242€10,939▲ 6.8%
Profit (loss) for the period before taxes9903€42,929€35,739€13,661€12,195€13,644▲ 11.9%
Income taxes67/77€13,618€4,274€3,930€3,615€4,203▲ 16.2%
Profit (loss) for the period9904€29,311€31,465€9,731€8,579€9,441▲ 10.0%
Profit (loss) for the period to be appropriated9905€29,311€31,465€9,731€8,579€9,441▲ 10.0%
Line20212022202320242025Change
Assets
Total assets20/58€1.1m€1.1m€1.0m€1.0m€988,299▼ 2.3%
Fixed assets21/28€1.0m€980,198€959,772€953,651€935,840▼ 1.9%
Tangible fixed assets22/27€1.0m€979,833€959,408€953,287€935,475▼ 1.9%
Land and buildings22€987,919€959,884€946,052€942,152€929,745▼ 1.3%
Plant, machinery and equipment23€17,032€13,164€9,296€9,801€5,730▼ 41.5%
Furniture and vehicles24€7,167€6,786€4,060€1,334€0▼ 100%
Financial fixed assets28€364€364€364€364€364=
Current assets29/58€67,107€71,027€57,425€58,032€52,460▼ 9.6%
Amounts receivable within one year40/41€3,540€1,421€50,866€51,170€42,352▼ 17.2%
Trade receivables40€3,157€812€700€0€258-
Other amounts receivable41€382€609€50,167€51,170€42,093▼ 17.7%
Cash at bank and in hand54/58€63,568€69,606€6,559€6,862€10,108▲ 47.3%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m€1.0m€1.0m€988,299▼ 2.3%
Equity10/15€319,635€330,301€340,032€348,611€358,052▲ 2.7%
Contributions10/11€24,044€24,044€24,044€24,044€24,044=
Reserves13€295,592€306,257€315,988€324,568€334,009▲ 2.9%
Non-distributable reserves130/1€2,404€2,404€2,404€2,404€2,404=
Reserves not available under the articles1311€2,404€2,404€2,404€2,404€2,404=
Distributable reserves133€293,187€303,853€313,584€322,163€331,604▲ 2.9%
Profit (loss) carried forward14€0€0€0---
Amounts payable17/49€759,954€720,924€677,166€663,072€630,247▼ 5.0%
Amounts payable after more than one year17€597,843€593,328€548,384€502,977€457,116▼ 9.1%
Financial debts170/4€597,843€593,328€548,384€502,977€457,116▼ 9.1%
Amounts payable within one year42/48€162,112€127,596€128,782€158,337€171,373▲ 8.2%
Current portion of amounts payable after more than one year42€44,075€44,515€44,944€45,407€45,861▲ 1.0%
Trade debts44€3,735€134€134€2,005€0▼ 100%
Suppliers440/4€3,735€134€134€2,005€0▼ 100%
Taxes, remuneration and social security45€423€488€204€1,277€2,292▲ 79.4%
Taxes450/3€423€488€204€1,277€2,292▲ 79.4%
Other amounts payable47/48€113,879€82,458€83,500€109,648€123,221▲ 12.4%
Accrued charges and deferred income492/3---€1,758€1,758=
Line20212022202320242025Change
Profit (loss) for the period9904€29,311€31,465€9,731€8,579€9,441▲ 10.0%
+ Depreciation and write-downs630€29,791€36,163€31,924€26,756€25,461▼ 4.8%
Operating cash flow (approximation)€59,102€67,629€41,655€35,335€34,902▼ 1.2%
Investment in fixed assets (approximation)--€3,879-€11,499-€20,635-€7,650▲ 62.9%
Change in cash-€6,038-€63,047€303€3,246▲ 971%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
24-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €8,579 ▼11.8%
Net result drops to €8,579, the lowest in the series; recovery starts the following year.
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial Highest result since 2018net €31,465 ▲7.3%
Net result €31,465, the highest in the series.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
03-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
10-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Liquidity times 18current ratio 96.82
Current ratio from 5.42 to 96.82; short-term debt falls from €41,609 to €2,287.
09-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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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Directors · office · real estate

Directors
3 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, Knokke-Heist · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
3,619 m²
Building footprint
307 m²
Volume, LiDAR
2,033 m³
2 parcels, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FLEUMACO
Wilgekatjesdreef 9, 2350 VosselaarNACE 52421
since 20072.164.408.708
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13046A0176/00P000 Flanders 3,386 m² 1 · 196 m² 10.4 m · 2 fl.
31013D0020/00V000 Flanders 233 m² 1 · 111 m² 10.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded19-07-2007
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.