FLM Algemene Werken
ActiveSummary
The computed 12-month bankruptcy probability of FLM Algemene Werken is 2.1% (moderate). The 2025 annual accounts show equity of €99k and a net result of €13k. Equity is growing by ~56% per year across the filed fiscal years. Its solvency ranks better than 60% of 27786 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-22
Solvency81▲+1
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.87 against 1.77 in 2024; short-term debt: 29.3% and cash: 36.2% of total assets), and 43.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.1%
Return on assets
7.7%
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 28-07-2026, 3 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
3 d early
2024
24 d early
2023
29 d late
2022
5 d early
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€99k▲ 15.8%
2024 · €85k
2022: €27k
2023: €40k
2024: €85k
2022 → 2025
Total assets
€176k▲ 14.1%
2024 · €154k
2022: €74k
2023: €115k
2024: €154k
2022 → 2025
Net result
€13k▼ 70.5%
2024 · €46k
2022: €25k
2023: €12k
2024: €46k
2022 → 2025
Working capital
€45k▲ 28.4%
2024 · €35k
2022: €11k
2023: €-3k
2024: €35k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€27k-€40k▲ 46.0%€85k▲ 116%€99k▲ 15.8%
Operating result€34k-€18k▼ 47.2%€57k▲ 222%€26k▼ 54.4%
Net result€25k-€12k▼ 50.3%€46k▲ 268%€13k▼ 70.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 54% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €176k
Fixed assets
€80k ▲ 7.7%
Current assets
€96k ▲ 20.0%
Equity and liabilities €176k
Equity
€99k ▲ 15.8%
Debt
€77k ▲ 12.0%
Debt's share of the balance-sheet total falls from 44.8% to 43.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50k▼
2024 · €77k
Cash flow
€37k▼
2024 · €66k
Current ratio
1.87▲
2024 · 1.77
Quick ratio
1.70▼
2024 · 1.72
Debt to equity
0.78▼
2024 · 0.81
ROE
13.7%▼
2024 · 53.7%
ROA
7.7%▼
2024 · 29.7%
Interest coverage
13.29▼
2024 · 35.17
Debt ≤ 1 year
€52k▲
2024 · €45k
Debt > 1 year
€26k▲
2024 · €24k
Income taxes
€9k▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€154k€176k▲
Fixed assets21/28€74k€80k▲
Tangible fixed assets22/27€74k€80k▲
Plant, machinery and equipment23€36k€53k▲
Furniture and vehicles24€39k€27k▼
Current assets29/58€80k€96k▲
Stocks and contracts in progress3€2k€9k▲
Stocks30/36€2k€9k▲
Amounts receivable within one year40/41€26k€24k▼
Trade receivables40€22k€16k▼
Other amounts receivable41€3k€8k▲
Cash at bank and in hand54/58€53k€64k▲
Equity and liabilities
Total equity and liabilities10/49€154k€176k▲
Equity10/15€85k€99k▲
Contributions10/11€2k€2k=
Reserves13€83k€97k▲
Non-distributable reserves130/1€200€200=
Reserves not available under the articles1311€200€200=
Distributable reserves133€83k€97k▲
Amounts payable17/49€69k€77k▲
Amounts payable after more than one year17€24k€26k▲
Financial debts170/4€24k€26k▲
Amounts payable within one year42/48€45k€52k▲
Current portion of amounts payable after more than one year42€10k€16k▲
Trade debts44€5k€20k▲
Suppliers440/4€5k€20k▲
Taxes, remuneration and social security45€10k€7k▼
Taxes450/3€10k€7k▼
Other amounts payable47/48€20k€9k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€24k▲
Other operating charges640/8€1k€399▼
Gross operating margin9900€78k€50k▼
Operating profit (loss)9901€57k€26k▼
Financial income75/76B-€96
Recurring financial income75-€96
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€55k€22k▼
Income taxes67/77€9k€9k▼
Profit (loss) for the period9904€46k€13k▼
Profit (loss) for the period to be appropriated9905€46k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€13k▼
Transfer to equity691/2€46k€13k▼
To other reserves6921€46k€13k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €46k ▲268%
Operating result €57k, net result €46k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €12k ▼50.3%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Kinrooi · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grootbroekstraat (Mol) 403640 KinrooiGround area
2,830 m²
Building footprint
180 m²
Volume, LiDAR
1,013 m³
Parcel 72023D0868/00P000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FLM Algemene Werken
since 20212.324.114.555
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72023D0868/00P000 | Flanders | 2,830 m² | 1 · 180 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 208 EUR awarded · 208 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 208 EUR | 208 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
TOITURES DENIS
BE 0641.653.119
Ittre · Eq €98,746
MAXIOAN CONSTRUCT
BE 0740.749.507
Gent · Eq €98,740
INTERTRUCH
BE 0880.967.163
Koekelberg · Eq €98,724
GI’S EFFECT
BE 0786.965.552
Dilbeek · Eq €98,930
BOUWONDERNEMING NORMAN
BE 0837.623.308
Lievegem · Eq €98,951
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,246 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.