Summary
For the legal form of FLM Company, Checked does not compute a bankruptcy probability. The 2013 annual accounts show equity of €28k and a net result of €-10k. Equity is shrinking by ~3.1% per year across the filed fiscal years. The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2013 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2013 · tick = 2012
Profitability0▼-25
Solvency100▲+30
Growth22▼-20
Track record100
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2013. Since then, 12 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2014 close31-07-2015 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2013 was due by 31-07-2014 and was filed on 18-08-2014, 18 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2013, full schema
Turnover
€171k▼ 60.6%
2012 · €434k
2009: €484k
2010: €430k▼ -11.2% vs 2009
2011: €505k▲ +17.3% vs 2010highest in 5 years
2012: €434k▼ -14.1% vs 2011
2013: €171k▼ -60.6% vs 2012lowest in 5 years
2009 → 2013
EBIT margin
-8.0%▼ 7.8pp
2012 · -0.1%
2009: 1.2%highest in 5 years
2010: 0.6%▼ -52.0% vs 2009
2011: 0.8%▲ +42.0% vs 2010
2012: -0.1%▼ -114% vs 2011
2013: -8.0%▼ -6661% vs 2012lowest in 5 years
2009 → 2013
Net result
€-10k▼ 145%
2012 · €-4k
2009: €4khighest in 5 years
2010: €3k▼ -32.4% vs 2009
2011: €3k▲ +22.3% vs 2010
2012: €-4k▼ -229% vs 2011
2013: €-10k▼ -145% vs 2012lowest in 5 years
2009 → 2013
Working capital
€24k▼ 9.2%
2012 · €26k
2009: €10klowest in 5 years
2010: €15k▲ +56.0% vs 2009
2011: €24k▲ +58.6% vs 2010
2012: €26k▲ +7.6% vs 2011highest in 5 years
2013: €24k▼ -9.2% vs 2012
2009 → 2013
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20092010201120122013Trend
Turnover€484k-€430k▼ 11.2%€505k▲ 17.3%€434k▼ 14.1%€171k▼ 60.6%
2009: €484k
2010: €430k▼ -11.2% vs 2009
2011: €505k▲ +17.3% vs 2010highest in 5 years
2012: €434k▼ -14.1% vs 2011
2013: €171k▼ -60.6% vs 2012lowest in 5 years
Equity€37k-€39k▲ 7.2%€42k▲ 8.2%€39k▼ 9.3%€28k▼ 26.5%
2009: €37k
2010: €39k▲ +7.2% vs 2009
2011: €42k▲ +8.2% vs 2010highest in 5 years
2012: €39k▼ -9.3% vs 2011
2013: €28k▼ -26.5% vs 2012lowest in 5 years
Operating result€6k-€2k▼ 57.3%€4k▲ 66.6%€-511€-14k▼ 2,561%
2009: €6khighest in 5 years
2010: €2k▼ -57.3% vs 2009
2011: €4k▲ +66.6% vs 2010
2012: €-511▼ -112% vs 2011
2013: €-14k▼ -2561% vs 2012lowest in 5 years
Net result€4k-€3k▼ 32.4%€3k▲ 22.3%€-4k€-10k▼ 145%
2009: €4khighest in 5 years
2010: €3k▼ -32.4% vs 2009
2011: €3k▲ +22.3% vs 2010
2012: €-4k▼ -229% vs 2011
2013: €-10k▼ -145% vs 2012lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2013 against €511 in 2012; the loss grows and 2013 has the lowest result in the available series.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €29k
Fixed assets
€5k ▼ 63.1%
Current assets
€24k ▼ 67.2%
Equity and liabilities €29k
Equity
€28k ▼ 26.5%
Debt
€421 ▼ 99.1%
Debt's share of the balance-sheet total falls from 55.2% to 1.5%. Equity and debt are lower.
Key figures and ratios
Current ratio
57.42▲
2012 · 1.55
Quick ratio
1.96▲
2012 · 0.50
ROE
-36.0%▼
2012 · -10.8%
ROA
-35.5%▼
2012 · -4.8%
Debt ≤ 1 year
€421▼
2012 · €47k
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 · 2013 against 2012 · 26 lines
Balance sheet
Code20122013
Assets
Total assets20/58€86k€29k▼
Fixed assets21/28€12k€5k▼
Tangible fixed assets22/27€8k-
Financial fixed assets28€5k€5k=
Current assets29/58€74k€24k▼
Stocks and contracts in progress3€50k€23k▼
Amounts receivable within one year40/41€4k-
Cash at bank and in hand54/58€19k€827▼
Equity and liabilities
Total equity and liabilities10/49€86k€29k▼
Equity10/15€39k€28k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Profit (loss) carried forward14€18k€8k▼
Amounts payable17/49€47k€421▼
Amounts payable within one year42/48€47k€421▼
Trade debts44€163-
Income statement
Code20122013
Turnover70€434k€171k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k-
Gross operating margin9900€11k€-12k▼
Operating profit (loss)9901€-511€-14k▼
Recurring financial income75€22-
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-2k€-10k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€-4k€-10k▼
Profit (loss) for the period to be appropriated9905€-4k€-10k▼
Accounts by statement
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €484k | €430k | €505k | €434k | €171k | ▼ 60.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €6k | €6k | €6k | - | - |
| Gross operating margin9900 | €28k | €10k | €11k | €11k | €-12k | ▼ 209% |
| Operating profit (loss)9901 | €6k | €2k | €4k | €-511 | €-14k | ▼ 2,561% |
| Recurring financial income75 | €145 | €2k | €15 | €22 | - | - |
| Recurring financial charges65 | €459 | €714 | €795 | €1k | €1k | ▼ 24.0% |
| Profit (loss) for the period before taxes9903 | €6k | €4k | €3k | €-2k | €-10k | ▼ 363% |
| Income taxes67/77 | €2k | €935 | - | €2k | - | - |
| Profit (loss) for the period9904 | €4k | €3k | €3k | €-4k | €-10k | ▼ 145% |
| Profit (loss) for the period to be appropriated9905 | €4k | €3k | €3k | €-4k | €-10k | ▼ 145% |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €86k | €90k | €71k | €86k | €29k | ▼ 66.6% |
| Fixed assets21/28 | €27k | €24k | €18k | €12k | €5k | ▼ 63.1% |
| Tangible fixed assets22/27 | €24k | €19k | €14k | €8k | - | - |
| Financial fixed assets28 | €3k | €5k | €5k | €5k | €5k | = |
| Current assets29/58 | €59k | €66k | €52k | €74k | €24k | ▼ 67.2% |
| Stocks and contracts in progress3 | €37k | €53k | €44k | €50k | €23k | ▼ 53.3% |
| Amounts receivable within one year40/41 | €14k | €7k | €2k | €4k | - | - |
| Current investments50/53 | €2k | - | - | - | - | - |
| Cash at bank and in hand54/58 | €7k | €6k | €7k | €19k | €827 | ▼ 95.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €86k | €90k | €71k | €86k | €29k | ▼ 66.6% |
| Equity10/15 | €37k | €39k | €42k | €39k | €28k | ▼ 26.5% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €16k | €19k | €22k | €18k | €8k | ▼ 56.5% |
| Amounts payable17/49 | €50k | €51k | €28k | €47k | €421 | ▼ 99.1% |
| Amounts payable within one year42/48 | €50k | €51k | €28k | €47k | €421 | ▼ 99.1% |
| Trade debts44 | €6k | €442 | €503 | €163 | - | - |
| Line | 2009 | 2010 | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €3k | €3k | €-4k | €-10k | ▼ 145% |
| + Depreciation and write-downs630 | €6k | €6k | €6k | €6k | - | - |
| Operating cash flow (approximation) | €10k | €9k | €9k | €2k | €-10k | ▼ 739% |
| Investment in fixed assets (approximation) | - | €-3k | €1 | €0 | €8k | - |
| Change in cash | - | €-962 | €945 | €13k | €-19k | ▼ 246% |
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
2014
18-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 18 days late
2013
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
31-12
Financial
Liquidity times 37current ratio 57.42
Current ratio from 1.55 to 57.42; short-term debt falls from €47k to €421.
19-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
31-07
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
30-09
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 61 days late
2010
26-08
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 26 days late
2009
08-06
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
2008
10-06
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
2007
12-06
NBB filing
Annual accounts filed
fiscal year 2006 · full schema
2006
16-06
NBB filing
Annual accounts filed
fiscal year 2005 · full schema
2005
10-06
NBB filing
Annual accounts filed
fiscal year 2004 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, CARCROFT DONCASTER · 1 establishment unit since 2015
Cannot be placed on the map
The registered office is abroad (United Kingdom). The address register our map runs on (BOSA BEST) covers Belgian addresses only.
OWSTON ROAD 362DN68DA CARCROFT DONCASTERUnited KingdomGround area
75 m²
Building footprint
63 m²
Volume, LiDAR
859 m³
Parcel 21364B0183/00H003, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
FLM Company
since 20152.238.707.144
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21364B0183/00H003 | Brussels | 75 m² | 1 · 63 m² | 17.8 m · 5 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.
Identification & contact
Identification
Legal formForeign entity
Founded15-06-1992
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.