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FLJ DESIGN

Active
Private limited companyfounded 20205 yrs activeOtto de Mentockdreef 1, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0755.565.860
Summary

The computed 12-month bankruptcy probability of FLJ DESIGN is 3.6% (moderate). The 2024 annual accounts show equity of €30,052 and a net result of -€15,154. Equity is shrinking by ~18.3% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency100▲+3
Growth52=
Track record94
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 7.14 against 3.24 in 2023; short-term debt: 13.2% and cash: 19.5% of total assets), and 13.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
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
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 2024
Solvency, return and age of the figures
Solvency
86.8%
Return on assets
-43.8%
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 2024
Net result per financial year
21222324
2021 to 2024 · latest year -€15,154
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 4 filings
Deviation from the deadline
2025
not confirmed
2024
31 d late
2023
29 d late
2022
41 d late
2021
59 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 40 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 (1)
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

FLJ DESIGN was incorporated on 1 October 2020 as a Private limited company.1 Since 2026, Frédéric Lejeune has served as director of the company.2 Total assets fell from EUR 79,895 in 2021 to EUR 34,635 in 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 17-09-2026
  3. 3National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€30,052▼ 33.5%
2023 · €45,205
Total assets
€34,635▼ 44.8%
2023 · €62,690
Net result
-€15,154▲ 22.5%
2023 · -€19,558
Working capital
€28,141▼ 28.3%
2023 · €39,253
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
Line2021202220232024
Operating result€5,798-€47,642▲ 722%-€19,462-€15,058▲ 22.6%
Net result€5,757-€38,806▲ 574%-€19,558-€15,154▲ 22.5%
Equity€25,957-€64,763▲ 150%€45,205▼ 30.2%€30,052▼ 33.5%
Total assets€79,895-€91,176▲ 14.1%€62,690▼ 31.2%€34,635▼ 44.8%
Debt€53,938-€26,413▼ 51.0%€17,485▼ 33.8%€4,583▼ 73.8%
Working capital-€17,551-€54,659€39,253▼ 28.2%€28,141▼ 28.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: €5,798€5,798Net result 2021: €5,757€5,757Operating result 2022: €47,642€47,642Net result 2022: €38,806€38,806Operating result 2023: -€19,462-€19,462Net result 2023: -€19,558-€19,558Operating result 2024: -€15,058-€15,058Net result 2024: -€15,154-€15,1542021202220232024-€20,000€0€20,000€40,000Operating result 2022: €47,642€47,600Net result 2022: €38,806€38,800Operating result 2023: -€19,462-€19,500Net result 2023: -€19,558-€19,600Operating result 2024: -€15,058-€15,100Net result 2024: -€15,154-€15,200202220232024
The operating result stays negative: a loss of €15,058 in 2024 against €19,462 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €34,635
Fixed assets €1,911 ▼ 67.9%
Current assets €32,724 ▼ 42.3%
Equity and liabilities €34,635
Equity €30,052 ▼ 33.5%
Debt €4,583 ▼ 73.8%
Debt's share of the balance-sheet total falls from 27.9% to 13.2%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€11,017▲
2023 · -€14,857
Cash flow
-€11,112▲
2023 · -€14,953
Current ratio
7.14▲
2023 · 3.24
Quick ratio
3.04▲
2023 · 2.17
Debt to equity
0.15▼
2023 · 0.39
ROE
-50.4%▼
2023 · -43.3%
ROA
-43.8%▼
2023 · -31.2%
Interest coverage
-115.33▲
2023 · -154.89
Debt ≤ 1 year
€4,583▼
2023 · €17,485
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of 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 higher bankruptcy probability: 3.6% 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 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€62,690€34,635▼
Fixed assets21/28€5,952€1,911▼
Tangible fixed assets22/27€5,952€1,911▼
Plant, machinery and equipment23€3,982€1,407▼
Furniture and vehicles24€1,405-
Other tangible fixed assets26€565€504▼
Current assets29/58€56,738€32,724▼
Stocks and contracts in progress3€18,813€18,813=
Stocks30/36€18,813€18,813=
Amounts receivable within one year40/41€16,644€7,145▼
Trade receivables40€16,579€7,081▼
Other amounts receivable41€65€65=
Cash at bank and in hand54/58€20,868€6,766▼
Deferred charges and accrued income490/1€413-
Equity and liabilities
Total equity and liabilities10/49€62,690€34,635▼
Equity10/15€45,205€30,052▼
Contributions10/11€20,200€20,200=
Profit (loss) carried forward14€25,005€9,852▼
Amounts payable17/49€17,485€4,583▼
Amounts payable within one year42/48€17,485€4,583▼
Trade debts44€2,471€2,349▼
Suppliers440/4€2,471€2,349▼
Taxes, remuneration and social security45€10,972€769▼
Taxes450/3€10,972€769▼
Other amounts payable47/48€4,041€1,465▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,604€4,042▼
Other operating charges640/8€246€509▲
Gross operating margin9900-€14,612-€10,507▲
Operating profit (loss)9901-€19,462-€15,058▲
Financial charges65/66B€96€96▼
Recurring financial charges65€96€96▼
Profit (loss) for the period before taxes9903-€19,558-€15,154▲
Profit (loss) for the period9904-€19,558-€15,154▲
Profit (loss) for the period to be appropriated9905-€19,558-€15,154▲
Appropriation of the result
Profit (loss) to be appropriated9906€25,005€9,852▼
Profit (loss) brought forward from the previous period14P€44,563€25,005▼

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

Line2021202220232024Change
Remuneration, social security and pensions62€25,376€9,812---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,669€4,181€4,604€4,042▼ 12.2%
Other operating charges640/8€1,519€1,041€246€509▲ 107%
Gross operating margin9900€63,362€62,676-€14,612-€10,507▲ 28.1%
Operating profit (loss)9901€5,798€47,642-€19,462-€15,058▲ 22.6%
Financial income75/76B€2€906---
Recurring financial income75€2€83---
Non-recurring financial income76B-€823---
Financial charges65/66B€43€93€96€96▼ 0.4%
Recurring financial charges65€43€93€96€96▼ 0.4%
Profit (loss) for the period before taxes9903€5,757€48,455-€19,558-€15,154▲ 22.5%
Income taxes67/77-€9,649---
Profit (loss) for the period9904€5,757€38,806-€19,558-€15,154▲ 22.5%
Profit (loss) for the period to be appropriated9905€5,757€38,806-€19,558-€15,154▲ 22.5%
Line2021202220232024Change
Assets
Total assets20/58€79,895€91,176€62,690€34,635▼ 44.8%
Fixed assets21/28€44,107€10,456€5,952€1,911▼ 67.9%
Tangible fixed assets22/27€44,107€10,456€5,952€1,911▼ 67.9%
Plant, machinery and equipment23€6,445€5,768€3,982€1,407▼ 64.7%
Furniture and vehicles24€37,662€4,689€1,405--
Other tangible fixed assets26--€565€504▼ 10.9%
Current assets29/58€35,788€80,720€56,738€32,724▼ 42.3%
Stocks and contracts in progress3-€10,270€18,813€18,813=
Stocks30/36-€10,270€18,813€18,813=
Amounts receivable within one year40/41€5,637€11,850€16,644€7,145▼ 57.1%
Trade receivables40€96€7,081€16,579€7,081▼ 57.3%
Other amounts receivable41€5,542€4,769€65€65=
Cash at bank and in hand54/58€27,624€58,399€20,868€6,766▼ 67.6%
Deferred charges and accrued income490/1€2,526€201€413--
Equity and liabilities
Total equity and liabilities10/49€79,895€91,176€62,690€34,635▼ 44.8%
Equity10/15€25,957€64,763€45,205€30,052▼ 33.5%
Contributions10/11€20,200€20,200€20,200€20,200=
Profit (loss) carried forward14€5,757€44,563€25,005€9,852▼ 60.6%
Amounts payable17/49€53,938€26,413€17,485€4,583▼ 73.8%
Amounts payable within one year42/48€53,338€26,061€17,485€4,583▼ 73.8%
Trade debts44€1,747€7,886€2,471€2,349▼ 5.0%
Suppliers440/4€1,747€7,886€2,471€2,349▼ 5.0%
Advances received on contracts in progress46€5,500----
Taxes, remuneration and social security45€328€10,972€10,972€769▼ 93.0%
Taxes450/3€24€10,972€10,972€769▼ 93.0%
Remuneration and social security454/9€304----
Other amounts payable47/48€45,764€7,203€4,041€1,465▼ 63.7%
Accrued charges and deferred income492/3€600€353---
Line2021202220232024Change
Profit (loss) for the period9904€5,757€38,806-€19,558-€15,154▲ 22.5%
+ Depreciation and write-downs630€30,669€4,181€4,604€4,042▼ 12.2%
Operating cash flow (approximation)€36,426€42,987-€14,953-€11,112▲ 25.7%
Investment in fixed assets (approximation)-€29,470-€100€0▲ 100%
Change in cash-€30,775-€37,531-€14,102▲ 62.4%

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

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Timeline · acts, filings and financial milestones

2026
17-09
State Gazette act Resignation: Anne-Mailys d'Ursel (director)
Appointment: Frédéric Lejeune (director)5 facts ▸
  • General meeting, 21-08-2026
  • Director resignation, Anne-Mailys d'Ursel (director)
  • Director appointment, Frédéric Lejeune (director)
  • General meeting, unanieme goedkeuring
  • General meeting, 15:00
2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial Liquidity doublescurrent ratio 7.14
Current ratio from 3.24 to 7.14; short-term debt falls from €17,485 to €4,583.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Weakest financial yearnet -€19,558
Net result drops to -€19,558, the lowest in the series; recovery starts the following year.
10-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 41 days late
2022
31-12
Financial Highest result since 2021net €38,806 ▲574%
Operating result €47,642, net result €38,806, both a record.
31-12
Financial Liquidity times 5current ratio 3.10
Current ratio from 0.67 to 3.10; short-term debt falls from €53,338 to €26,061.
28-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026
Frédéric Lejeune
Director · since 21-08-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Vilvoorde
exact location from the address register On OpenStreetMap
Ground area
242 m²
Building footprint
182 m²
Volume, LiDAR
2,027 m³
Parcel 23643G0136/00C000, Flanders · tallest building 13.7 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23643G0136/00C000 Flanders 242 m² 1 · 182 m² 13.7 m · 4 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.

Mandate history

2 people since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Frédéric Lejeune
  • Director, from 21-08-2026 to date
Anne-Mailys d'Ursel
  • Director, until 21-08-2026
See the board, name and seat on a given date →

Structure & network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Identification & contact

Identification
Legal formPrivate limited company
Founded01-10-2020
Fiscal year end31-12
Contact
E-mail info@fljdesign.com
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.

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Register as of 28 September 2026 · Peppol Directory

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