The 2023 accounts came 29 days late. The other three were filed on time.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as FLM Algemene Werken has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Micro
5 to 10 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the 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%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for FLM Algemene Werken. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0776626936
Incorporation
Founding capital of €2,000, 100 shares · Founder: Name after signing inVisible after signing in · Appointment: Name hiddenVisible after signing in (director) · published on 03-11-2021 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as FLM Algemene Werken: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €143,000 and €198,000, founded in 2021.
What is the company number of FLM Algemene Werken?
The company number of FLM Algemene Werken is 0776.626.936. The VAT number is the same number with BE in front: BE 0776.626.936.
Where is FLM Algemene Werken based?
The registered office is at Grootbroekstraat 40, 3640 Kinrooi.Company details
What does FLM Algemene Werken do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of FLM Algemene Werken?
FLM Algemene Werken is a private limited company (BV).
When was FLM Algemene Werken founded?
FLM Algemene Werken was founded on 28-10-2021.
Is FLM Algemene Werken still active?
Yes, FLM Algemene Werken is an active enterprise in the KBO register.
What is the turnover of FLM Algemene Werken?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €50,072 and 68 comparable companies (NACE 43990). It probably lies between €190,000 and €520,000.Financials
Is FLM Algemene Werken profitable?
In financial year 2025, FLM Algemene Werken made a profit of €13,490.
Where can I find the annual accounts of FLM Algemene Werken?
FLM Algemene Werken filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FLM Algemene Werken due?
FLM Algemene Werken must file the annual accounts for financial year 2026 by 31-07-2027.Timeline