Turnover
€10,275 ▼ 84.7%
Turnover fell in 2025 from €67,363 to €10,275.
Flo Building
Lifetime
4 annual accounts with figures on one time axispeak €11,780 (2024)
€353▼ 97.0%
lowest -€5,106 (2021)
-€1,232▼ €8,978
peak €17,992 (2024)
€16,761▼ 6.8%
€7,489▼ 51.7%
Board1 name since 2020
1 directorLEICHE Florin Aurel
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Turnover from €67,363 to €10,275Gross margin from €11,780 to €353Loss of €1,232Debts from €15,516 to €7,489Cash from €12,421 to €3,749
Key points
from the 2025 annual accountsPayment terms
686 days from customers
Customers pay 645 days later.
Filings
4 annual accounts 2 late
The 2024 accounts came latest: 218 days after the end of the period.
Checked score
65
Healthy
Financially stronger than 39% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 9.9%highest value
01-2025: 9.9%● unchanged vs 12-2024highest value
02-2025: 9.9%● unchanged vs 01-2025highest value
03-2025: 9.9%● unchanged vs 02-2025highest value
04-2025: 9.9%● unchanged vs 03-2025highest value
05-2025: 9.9%● unchanged vs 04-2025highest value
06-2025: 9.9%● unchanged vs 05-2025highest value
07-2025: 9.9%● unchanged vs 06-2025highest value
08-2025: 9.4%▼ -0.5 percentage points vs 07-2025
09-2025: 9.4%● unchanged vs 08-2025
10-2025: 9.4%● unchanged vs 09-2025
11-2025: 9.2%▼ -0.2 percentage points vs 10-2025
12-2025: 9.1%▼ -0.1 percentage points vs 11-2025
01-2026: 9.0%▼ -0.1 percentage points vs 12-2025
02-2026: 9.0%● unchanged vs 01-2026
03-2026: 9.0%● unchanged vs 02-2026
04-2026: 2.6%▼ -6.4 percentage points vs 03-2026
05-2026: 2.6%● unchanged vs 04-2026
06-2026: 2.4%▼ -0.2 percentage points vs 05-2026
07-2026: 2.3%▼ -0.1 percentage points vs 06-2026
08-2026: 1.1%▼ -1.2 percentage points vs 07-2026lowest value
09-2026: 1.1%● unchanged vs 08-2026lowest value
10-2026: 1.2%▲ +0.1 percentage points vs 09-2026
11-2026: 1.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
1 of the last 3 accounts late
Size: turnover €10,275, total assets €24,250
Founded in 2020
lowers risk
Liquidity: current ratio 3.08, cash €3,749, halved
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 75% of them on solvency, 53% on liquidity, 13% on profitability and 14% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as Flo Building has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Flo Building itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 3,440 companies, not a prediction for Flo Building. 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 of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.08 (2.01 in 2024), above the usual 1.5. Short-term debt is 30.9% and cash 15.5% of total assets. 30.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 30-07-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 day early
2024
218 days late
2021
5 days early
2020
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 61 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 August (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Incorporation
Founding capital of €3,000, 1,000 shares · Founder: LEICHE Florin Aurel · Appointment: LEICHE Florin Aurel (director) · published on 27-10-2020 · Gazette deed
First establishment
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Flo Building | €10,275 | -11.4% | 69.1% | - |
| Renov Garra Sint-Laureins | - | - | -117.9% | - |
| EASY GLOBAL SERVICES Ixelles | - | - | 20.2% | - |
| EM CONSTRUCTION Ghent | - | - | 57.2% | - |
| Body Build Sint-Martens-Latem | - | - | -473.0% | - |
| ARTIDESIGN Ottignies-Louvain-la-Neuve | €65,247 | -54.3% | -217.9% | - |
| FINEST PROJECTS Wemmel | - | - | -19.4% | - |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Flo Building: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €21,300 and €26,500, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 23-10-2020Normal situation
- Legal form
- Private limited company
- Activity
- Other specialised construction activitiesNACE 43990
- Establishment unit
- 2.311.741.018since 23-10-2020
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €24,250▼ 27.6%
- ≈ 0 FTEestimated
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on Flo Building
Flo Building files the micro format. That format states no turnover. The gross margin fell from €2,416 in 2020 to €353 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Flo Building
- What is the company number of Flo Building?
- The company number of Flo Building is 0756.952.861. The VAT number is the same number with BE in front: BE 0756.952.861.
- What does Flo Building do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of Flo Building?
- Flo Building is a private limited company (BV).
- When was Flo Building founded?
- Flo Building was founded on 23-10-2020.
- Is Flo Building still active?
- Yes, Flo Building is an active enterprise in the KBO register.Company details
- What is the turnover of Flo Building?
- The turnover of Flo Building was €10,275 in financial year 2025, according to the filed annual accounts.Financials
- Is Flo Building profitable?
- In financial year 2025, Flo Building made a loss of €1,232.
- Where can I find the annual accounts of Flo Building?
- Flo Building filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Flo Building due?
- Flo Building must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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