FLIMCO
ActiveSummary
FLIMCO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,340 and a net result of -€2,941. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 67% of 14220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability55▼-20
Solvency78▼-22
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 2.1 against 3.52 in 2024; short-term debt: 47.5% and cash: 93% of total assets), and 47.5% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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 2025Solvency, return and age of the figures
Solvency
52.5%
Return on assets
-10.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
30 d early
2024
44 d early
2023
35 d early
2022
54 d early
2021
38 d early
2020
32 d early
← 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 39 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed 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 monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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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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Financials · fiscal year 2025, micro schema
Equity
€14,340▼ 49.1%
2024 · €28,190
Total assets
€27,303▼ 24.7%
2024 · €36,278
Net result
-€2,941
2024 · €1,898
Working capital
€14,265▼ 30.0%
2024 · €20,369
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€602€2,917€2,647▼ 9.2%€3,197▲ 20.8%-€2,559
Net result-€1,325within the sector's middle half€1,839within the sector's middle half€1,503within the sector's middle half▼ 18.3%€1,898within the sector's middle half▲ 26.3%-€2,941within the sector's middle half
Equity€22,949within the sector's middle half▼ 5.5%€24,789within the sector's middle half▲ 8.0%€26,292within the sector's middle half▲ 6.1%€28,190within the sector's middle half▲ 7.2%€14,340within the sector's middle half▼ 49.1%
Total assets€57,633below the sector's middle half▼ 10.6%€46,081below the sector's middle half▼ 20.0%€40,577below the sector's middle half▼ 11.9%€36,278below the sector's middle half▼ 10.6%€27,303below the sector's middle half▼ 24.7%
Debt€34,684▼ 13.7%€21,292▼ 38.6%€14,285▼ 32.9%€8,088▼ 43.4%€12,963▲ 60.3%
Working capital€12,704▼ 1.9%€15,517▲ 22.1%€15,925▲ 2.6%€20,369▲ 27.9%€14,265▼ 30.0%
Solvency39.8%within the sector's middle half▲ 2.2pp53.8%within the sector's middle half▲ 14.0pp64.8%above the sector's middle half▲ 11.0pp77.7%above the sector's middle half▲ 12.9pp52.5%within the sector's middle half▼ 25.2pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, 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 per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2,559 after €3,197 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27,303
Fixed assets
€75 ▼ 99.0%
Current assets
€27,229 ▼ 4.3%
Equity and liabilities €27,303
Equity
€14,340 ▼ 49.1%
Debt
€12,963 ▲ 60.3%
Debt's share of the balance-sheet total rises from 22.3% to 47.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€5,188▼
2024 · €11,055
Cash flow
€4,805▼
2024 · €9,756
Current ratio
2.10▼
2024 · 3.52
Debt to equity
0.90▲
2024 · 0.29
ROE
-20.5%▼
2024 · 6.7%
ROA
-10.8%▼
2024 · 5.2%
Interest coverage
23.05▼
2024 · 36.75
Debt ≤ 1 year
€12,963▲
2024 · €8,088
Income taxes
€157▼
2024 · €998
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,597 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.8%
went bankrupt
9.2%
stopped otherwise
87%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,662 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% | 1.7% |
| 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 3,597 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,857 | €7,857 | €5,893 | €7,857 | €7,746 | ▼ 1.4% |
| Other operating charges640/8 | €719 | €2,148 | €746 | - | €771 | - |
| Gross operating margin9900 | €7,975 | €12,922 | €9,286 | €11,055 | €5,958 | ▼ 46.1% |
| Operating profit (loss)9901 | -€602 | €2,917 | €2,647 | €3,197 | -€2,559 | ▼ 180% |
| Financial income75/76B | - | - | €0 | - | - | - |
| Recurring financial income75 | - | - | €0 | - | - | - |
| Financial charges65/66B | €597 | €532 | €383 | €301 | €225 | ▼ 25.2% |
| Recurring financial charges65 | €597 | €532 | €383 | €301 | €225 | ▼ 25.2% |
| Profit (loss) for the period before taxes9903 | -€1,200 | €2,385 | €2,265 | €2,897 | -€2,784 | ▼ 196% |
| Income taxes67/77 | €125 | €546 | €761 | €998 | €157 | ▼ 84.2% |
| Profit (loss) for the period9904 | -€1,325 | €1,839 | €1,503 | €1,898 | -€2,941 | ▼ 255% |
| Profit (loss) for the period to be appropriated9905 | -€1,325 | €1,839 | €1,503 | €1,898 | -€2,941 | ▼ 255% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €57,633 | €46,081 | €40,577 | €36,278 | €27,303 | ▼ 24.7% |
| Fixed assets21/28 | €29,429 | €21,571 | €15,678 | €7,821 | €75 | ▼ 99.0% |
| Tangible fixed assets22/27 | €29,429 | €21,571 | €15,678 | €7,821 | €75 | ▼ 99.0% |
| Plant, machinery and equipment23 | €969 | €723 | €538 | €292 | €45 | ▼ 84.4% |
| Furniture and vehicles24 | €28,459 | €20,848 | €15,140 | €7,529 | €29 | ▼ 99.6% |
| Current assets29/58 | €28,204 | €24,510 | €24,898 | €28,457 | €27,229 | ▼ 4.3% |
| Amounts receivable within one year40/41 | €720 | €336 | €5,681 | €5,967 | €1,839 | ▼ 69.2% |
| Trade receivables40 | €720 | €336 | €5,681 | €5,967 | €1,839 | ▼ 69.2% |
| Cash at bank and in hand54/58 | €24,848 | €24,174 | €19,218 | €22,490 | €25,389 | ▲ 12.9% |
| Deferred charges and accrued income490/1 | €2,636 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €57,633 | €46,081 | €40,577 | €36,278 | €27,303 | ▼ 24.7% |
| Equity10/15 | €22,949 | €24,789 | €26,292 | €28,190 | €14,340 | ▼ 49.1% |
| Contributions10/11 | €12,500 | €12,500 | €12,500 | €12,500 | €12,500 | = |
| Capital10 | €12,500 | - | - | - | - | - |
| Issued capital100 | €12,500 | - | - | - | - | - |
| Reserves13 | €10,952 | €12,134 | €13,589 | €15,407 | €4,498 | ▼ 70.8% |
| Non-distributable reserves130/1 | €10,952 | €12,134 | €13,589 | €15,407 | €4,498 | ▼ 70.8% |
| Legal reserve130 | €43 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €43 | €43 | €43 | €43 | = |
| Other1319 | €10,909 | €12,091 | €13,545 | €15,364 | €4,455 | ▼ 71.0% |
| Profit (loss) carried forward14 | -€503 | €154 | €203 | €283 | -€2,658 | ▼ 1,038% |
| Amounts payable17/49 | €34,684 | €21,292 | €14,285 | €8,088 | €12,963 | ▲ 60.3% |
| Amounts payable after more than one year17 | €19,184 | €12,300 | €5,311 | - | - | - |
| Financial debts170/4 | €19,184 | €12,300 | €5,311 | - | - | - |
| Amounts payable within one year42/48 | €15,500 | €8,993 | €8,974 | €8,088 | €12,963 | ▲ 60.3% |
| Current portion of amounts payable after more than one year42 | €6,781 | €6,884 | €6,989 | €5,311 | - | - |
| Trade debts44 | €2,240 | - | €348 | - | €630 | - |
| Suppliers440/4 | €2,240 | - | €348 | - | €630 | - |
| Taxes, remuneration and social security45 | €6,480 | €2,109 | €1,637 | €2,777 | €1,969 | ▼ 29.1% |
| Taxes450/3 | €6,480 | €2,109 | €1,637 | €2,777 | €1,969 | ▼ 29.1% |
| Other amounts payable47/48 | - | - | - | - | €10,364 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,325 | €1,839 | €1,503 | €1,898 | -€2,941 | ▼ 255% |
| + Depreciation and write-downs630 | €7,857 | €7,857 | €5,893 | €7,857 | €7,746 | ▼ 1.4% |
| Operating cash flow (approximation) | €6,532 | €9,697 | €7,396 | €9,756 | €4,805 | ▼ 50.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€674 | -€4,956 | €3,273 | €2,899 | ▼ 11.4% |
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
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€2,941
Net result drops to -€2,941, the lowest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €1,839
Net result €1,839 after one loss-making year.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro 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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Directors · office · real estate
Directors
2 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, Chapelle-lez-Herlaimont · 1 establishment unit since 2019
Ground area
1,103 m²
Building footprint
171 m²
Volume, LiDAR
979 m³
Parcel 52053B0511/00R000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Moulin à Vent 42, 7160 Chapelle-lez-Herlaimont
since 20192.295.401.268
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52053B0511/00R000 | Wallonia | 1,103 m² | 1 · 171 m² | 7.8 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 9,146 companies in sector 68201 we hold annual accounts for 6,775. 1,855 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
Founded09-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68121Development of residential building projects
43110Demolition
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0735893666
Also
9925:BE0735893666
Registered
19-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.