FLO (0502.380.816), Inactive: financials and annual accounts

FLO

KBO/BCE: BE 0502.380.816

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Balance sheet: assets
Total assets`20/58`	43,202	234,948	255,123	255,339	292,327	360,928	328,715	338,197	364,808	373,433	325,539	328,741	320,054
Fixed assets`21/28`	-	103,012	115,986	127,878	140,814	153,824	165,433	181,088	196,821	212,699	210,123	188,796	198,962
Tangible fixed assets`22/27`	-	103,012	115,986	127,878	140,814	153,824	165,433	181,088	196,821	212,699	210,123	188,796	198,962
Land and buildings`22`	-	102,345	114,650	126,956	139,261	151,566	163,994	176,423	188,928	201,434	196,215	186,623	197,236
Plant, machinery and equipment`23`	-	532	970	326	725	1,124	-	-	-	145	902	1,659	1,138
Furniture and vehicles`24`	-	134	366	597	828	1,133	1,438	4,666	7,893	11,120	13,006	515	588
Current assets`29/58`	43,202	131,937	139,137	127,461	151,513	207,104	163,282	157,109	167,987	160,734	115,416	139,946	121,091
Stocks and contracts in progress`3`	-	123,741	121,145	97,740	107,208	134,117	152,995	150,224	160,160	151,057	107,942	136,532	117,041
Stocks`30/36`	-	123,741	121,145	97,740	107,208	134,117	152,995	150,224	160,160	151,057	107,942	136,532	117,041
Amounts receivable within one year`40/41`	872	1,749	1,529	559	4,435	4,967	5,596	4,526	6,845	3,408	4,145	1,466	1,391
Trade receivables`40`	-	-	652	559	2,044	2,185	354	1,799	3,118	3,408	1,266	1,212	1,391
Other amounts receivable`41`	872	1,749	877	-	2,391	2,782	5,242	2,728	3,727	-	2,879	254	-
Cash at bank and in hand`54/58`	42,330	5,134	15,963	27,920	38,662	66,495	614	1,245	983	6,270	3,329	1,948	2,659
Deferred charges and accrued income`490/1`	-	1,313	500	1,242	1,208	1,526	4,078	1,113	-	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	43,202	234,948	255,123	255,339	292,327	360,928	328,715	338,197	364,808	373,433	325,539	328,741	320,054
Equity`10/15`	-84,754	-22,815	-11,546	-17,312	967	29,794	22,046	26,134	26,647	26,401	19,114	17,233	8,681
Contributions`10/11`	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
Issued capital`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	12,400	12,400	12,400	12,400	12,400	12,400	12,400
Reserves`13`	21,047	21,667	21,667	15,901	15,901	28,195	20,447	20,447	20,447	20,201	12,914	8,802	620
Non-distributable reserves`130/1`	-	-	-	-	620	620	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	620	620	620	620	620	620	620
Reserves not available under the articles`1311`	-	-	-	-	620	620	-	-	-	-	-	-	-
Distributable reserves`133`	21,047	21,667	21,667	15,901	15,281	27,575	19,827	19,827	19,827	19,581	12,294	8,182	-
Profit (loss) carried forward`14`	-112,000	-50,681	-39,413	-39,413	-21,133	-4,600	-4,600	-513	-	-	-	2,231	1,861
Amounts payable`17/49`	127,956	257,763	266,669	272,651	291,360	331,134	306,669	312,063	338,161	347,032	306,426	311,508	311,372
Amounts payable after more than one year`17`	112,212	132,159	143,473	153,394	144,976	152,017	161,895	178,147	204,414	229,896	227,144	214,987	224,909
Financial debts`170/4`	112,212	132,159	143,473	153,394	144,976	152,017	161,895	178,147	204,414	229,896	227,144	214,987	224,909
Amounts payable within one year`42/48`	15,744	125,589	123,196	119,257	146,384	179,117	144,774	133,916	133,747	117,136	79,281	96,522	86,463
Current portion of amounts payable after more than one year`42`	-	41,314	40,770	41,582	41,279	85,223	16,252	26,267	25,482	24,665	21,433	17,864	17,317
Financial debts`43`	-	-	-	-	-	-	29,449	23,311	28,231	21,597	417	10,334	1,622
Credit institutions`430/8`	-	-	-	-	-	-	29,449	23,311	28,231	21,597	417	10,334	1,622
Trade debts`44`	4,585	5,927	12,477	8,881	10,775	10,820	29,771	25,049	34,623	28,708	17,858	27,392	18,109
Suppliers`440/4`	4,585	5,927	12,477	8,881	10,775	10,820	29,771	25,049	34,623	28,708	17,858	27,392	18,109
Taxes, remuneration and social security`45`	1,419	6,763	8,332	7,637	10,088	10,731	-	10,722	1,356	6,380	5,500	5,462	4,738
Taxes`450/3`	1,419	6,763	8,332	7,637	10,088	10,731	-	10,488	656	5,652	5,500	5,462	4,738
Remuneration and social security`454/9`	-	-	-	-	-	-	-	234	700	727	-	-	-
Other amounts payable`47/48`	9,741	71,586	61,618	61,157	84,242	72,343	69,303	48,567	44,054	35,786	34,073	35,469	44,677
Accrued charges and deferred income`492/3`	-	15	-	-	-	-	-	-	-	-	-	-	-
Income statement
Non-recurring operating income`76A`	-	-	-	-	-	8,000	-	-	-	-	-	-	-
Gross operating margin`9900`	-42,056	12,577	28,888	3,586	8,876	36,417	32,522	41,397	32,192	43,594	40,839	41,055	31,662
Remuneration, social security and pensions`62`	-	-	-	916	3,729	3,072	5,400	9,475	-	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	572	12,975	12,880	12,936	12,936	12,806	15,655	15,733	15,878	16,490	15,443	11,802	11,852
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	380	4,349	5,139	2,367	5,682	12,376	6,269	8,872
Other operating charges`640/8`	1,944	1,579	1,517	1,806	1,585	1,521	1,360	1,402	2,099	1,094	1,588	1,577	1,601
Non-recurring operating charges`66A`	-	-	326	-	74	-	-	-	-	-	-	-	-
Operating profit (loss)`9901`	-44,572	-1,976	14,165	-12,072	-9,447	18,637	5,757	9,648	11,847	20,329	11,433	21,407	9,337
Financial income`75/76B`	905	142	2	304	0	2	32	152	564	1,319	1,595	1,797	2,178
Recurring financial income`75`	0	142	2	304	0	2	32	152	564	1,319	1,595	1,797	2,178
Non-recurring financial income`76B`	905	-	-	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	18,272	9,306	7,701	6,392	6,969	9,739	9,767	10,041	11,510	10,671	9,747	10,330	7,894
Recurring financial charges`65`	10,153	9,306	7,701	6,392	6,969	9,739	9,767	10,041	11,510	10,671	9,747	10,330	7,894
Non-recurring financial charges`66B`	8,120	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	-61,939	-11,140	6,465	-18,160	-16,416	8,900	-3,978	-241	902	10,977	3,281	12,874	3,621
Income taxes`67/77`	-	128	700	120	117	1,152	109	272	656	3,690	1,400	4,322	1,140
Profit (loss) for the period`9904`	-61,939	-11,268	5,766	-18,279	-16,533	7,748	-4,087	-513	246	7,288	1,881	8,551	2,481
Profit (loss) for the period to be appropriated`9905`	-61,939	-11,268	5,766	-18,279	-16,533	7,748	-4,087	-513	246	7,288	1,881	8,551	2,481
Appropriation of the result
Profit (loss) to be appropriated`9906`	-112,620	-50,681	-33,647	-39,413	-21,133	3,147	-4,600	-513	246	7,288	4,112	10,413	2,481
Profit (loss) brought forward from the previous period`14P`	-50,681	-39,413	-39,413	-21,133	-4,600	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	620	-	-	-	12,294	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	5,766	-	-	7,748	-	-	246	7,288	4,112	8,182	620
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	620
To other reserves`6921`	-	-	5,766	-	-	7,748	-	-	246	7,288	4,112	8,182	-
Profit to be distributed`694/7`	-	-	-	-	12,294	-	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	-	-	-	-	12,294	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	0.3	1	0.2	0.3	0.4	-	-	-	-	-
Hours worked`1013`	-	-	-	39	277	241	499	696	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	28-08-2026	2026-00449884	PDF
31-12-2024	micro format	20-08-2025	2025-00389372	PDF
31-12-2023	micro format	16-07-2024	2024-00255970	PDF
31-12-2022	micro format	08-08-2023	2023-00322034	PDF
31-12-2021	micro format	10-08-2022	2022-20283674	PDF
31-12-2020	micro format	26-08-2021	2021-54200208	PDF
31-12-2019	micro format	12-08-2020	2020-40600479	PDF
31-12-2018	micro format	30-07-2019	2019-40300346	PDF
31-12-2017	micro format	27-08-2018	2018-50400600	PDF
31-12-2016	micro format	28-07-2017	2017-37400348	PDF
31-12-2015	abbreviated format	29-07-2016	2016-37500009	PDF
31-12-2014	abbreviated format	28-08-2015	2015-50100105	PDF
31-12-2013	abbreviated format	11-08-2014	2014-40900524	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
EBITDA	-44,000	10,998	27,044	864	3,489	31,444	21,413	25,380	27,726	36,818	26,876	33,209	21,189
Cash flow	-61,367	1,706	18,645	-5,343	-3,597	20,554	11,568	15,220	16,124	23,777	17,324	20,353	14,333
Investment in fixed assets (approximation)	-102,440	0	1,313	0	-74	1,198	0	0	0	19,066	36,770	1,636	210,814
Change in cash	37,197	-10,829	-11,957	-10,742	-27,832	65,881	-631	262	-5,287	2,941	1,381	-712	-
Working capital	27,458	6,348	15,940	8,204	5,129	27,988	18,509	23,192	34,240	43,598	36,135	43,424	34,628
Solvency	-196.2%	-9.7%	-4.5%	-6.8%	0.3%	8.3%	6.7%	7.7%	7.3%	7.1%	5.9%	5.2%	2.7%
Current ratio	2.74	1.05	1.13	1.07	1.04	1.16	1.13	1.17	1.26	1.37	1.46	1.45	1.40
Quick ratio	2.74	0.07	0.15	0.25	0.30	0.41	0.07	0.05	0.06	0.08	0.09	0.04	0.05
Debt to equity	-	-	-	-	-	11.11	13.91	11.94	12.69	13.14	16.03	18.08	35.87
ROE	-	-	-	-	-	26.0%	-18.5%	-2.0%	0.9%	27.6%	9.8%	49.6%	28.6%
ROA	-143.4%	-4.8%	2.3%	-7.2%	-5.7%	2.1%	-1.2%	-0.2%	0.1%	2.0%	0.6%	2.6%	0.8%
Interest coverage	-4.33	1.18	3.51	0.14	0.50	-	-	-	-	-	-	-	-

Item	31-12-2022	31-12-2021
Employees at the balance-sheet date	-	1
part-time	-	1
in full-time equivalents	-	0.2
Average over the year, in full-time equivalents	0.1	0.2
Joined	0	1
Left	1	1

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	€1,313	-	-
Depreciation and write-downs of the year	€572	€12,975	€12,880	€12,936	€12,936

FLO

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on FLO