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FLF-TECH

Active
Private limited companyfounded 2025active for 1 yearLeenstraat(HEU) 10, 9070 Destelbergen, BelgiumKBO/BCE: BE 1023.715.630
Summary

The computed 12-month bankruptcy probability of FLF-TECH is 2.7% (moderate). The 2025 annual accounts show equity of €5,317 and a net result of €580,317. Its solvency ranks better than 10% of 524 sector peers (NACE 42, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (18 days) Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00420955.

Turnover
≈ €1.7m
Estimated: probably between €1.0m and €2.9m
Total assets
€732,843
Net result
€580,317
Working capital
€16,829

Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €732,843
Fixed assets €1,322
Current assets €731,521
Equity and liabilities €732,843
Equity €5,317
Debt €727,526
Debt finances 99.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€585,193
Cash flow
€584,244
Current ratio
1.02
Quick ratio
0.68
ROA
79.2%
Interest coverage
over 100
Debt ≤ 1 year
€714,692
Income taxes
€938
Staff costs
€145,283
A ratio outside any meaningful range has been withheld (balance sheet total €732,843, equity €5,317).

Peer companies

Historical observation

Of the 320 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
0.9% went bankrupt
2.5% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 2.7% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 74.5% 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 320 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 · 44 lines
Balance sheet Code2025
Assets
Total assets20/58€732,843
Fixed assets21/28€1,322
Tangible fixed assets22/27€1,322
Furniture and vehicles24€1,322
Current assets29/58€731,521
Stocks and contracts in progress3€244,653
Contracts in progress37€244,653
Amounts receivable within one year40/41€435,743
Trade receivables40€396,830
Other amounts receivable41€38,913
Cash at bank and in hand54/58€44,699
Deferred charges and accrued income490/1€6,426
Equity and liabilities
Total equity and liabilities10/49€732,843
Equity10/15€5,317
Contributions10/11€5,000
Reserves13€317
Distributable reserves133€317
Profit (loss) carried forward14€0
Amounts payable17/49€727,526
Amounts payable within one year42/48€714,692
Trade debts44€131,666
Suppliers440/4€131,666
Taxes, remuneration and social security45€1,173
Taxes450/3€1,173
Other amounts payable47/48€581,853
Accrued charges and deferred income492/3€12,834
Income statement Code2025
Remuneration, social security and pensions62€145,283
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,927
Other operating charges640/8€471
Non-recurring operating charges66A€1,287
Gross operating margin9900€732,233
Operating profit (loss)9901€581,265
Financial charges65/66B€10
Recurring financial charges65€10
Profit (loss) for the period before taxes9903€581,255
Income taxes67/77€938
Profit (loss) for the period9904€580,317
Profit (loss) for the period to be appropriated9905€580,317
Appropriation of the result
Profit (loss) to be appropriated9906€580,317
Transfer to equity691/2€317
To other reserves6921€317
Profit to be distributed694/7€580,000
Directors or managers695€580,000
Social balance sheet
Average headcount (FTE)90872.4

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€145,283
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,927
Other operating charges640/8€471
Non-recurring operating charges66A€1,287
Gross operating margin9900€732,233
Operating profit (loss)9901€581,265
Financial charges65/66B€10
Recurring financial charges65€10
Profit (loss) for the period before taxes9903€581,255
Income taxes67/77€938
Profit (loss) for the period9904€580,317
Profit (loss) for the period to be appropriated9905€580,317
Line2025
Assets
Total assets20/58€732,843
Fixed assets21/28€1,322
Tangible fixed assets22/27€1,322
Furniture and vehicles24€1,322
Current assets29/58€731,521
Stocks and contracts in progress3€244,653
Contracts in progress37€244,653
Amounts receivable within one year40/41€435,743
Trade receivables40€396,830
Other amounts receivable41€38,913
Cash at bank and in hand54/58€44,699
Deferred charges and accrued income490/1€6,426
Equity and liabilities
Total equity and liabilities10/49€732,843
Equity10/15€5,317
Contributions10/11€5,000
Reserves13€317
Distributable reserves133€317
Profit (loss) carried forward14€0
Amounts payable17/49€727,526
Amounts payable within one year42/48€714,692
Trade debts44€131,666
Suppliers440/4€131,666
Taxes, remuneration and social security45€1,173
Taxes450/3€1,173
Other amounts payable47/48€581,853
Accrued charges and deferred income492/3€12,834
Line2025
Profit (loss) for the period9904€580,317
+ Depreciation and write-downs630€3,927
Operating cash flow (approximation)€584,244

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

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 18-08-2026 2026-00420955

Similar companies · same sector, comparable size

Of the 330 active companies whose main activity is civil engineering (NACE 42219), figures are known for 150. 53 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €152 awarded · €67 paid
Schemes
1 entry · €152 · €67 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.