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FLOCUL

Active
Private limited companyfounded 2023active for 3 yearsRue de la Gare, Treignes 30, 5670 Viroinval, BelgiumKBO/BCE: BE 0804.879.076
Summary

FLOCUL has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €295,965 and a net result of €104,895. Equity is growing by about 49% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Activity not known1 site
Size
≈ €450,000turnover 2025, estimated
Equity
€295,965
Profit
€104,895
Turnover estimated from the gross margin
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
CARROSSERIE MINEUR · 100%
Holdings
1
2025 accounts 23 days early
Why 88raises riskFounded in 2023Liquidity: current ratio 0.06, cash €14,306lowers riskSize: total assets €1.4mNo main activity registeredShow the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 45% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Average
Solvency 46+7
equity 20.7% of total assets
Liquidity 37-1
short-term debt 32.4% · cash 1.0%
Profitability 67+12
return on assets 7.3%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.4%▲ +0.1 percentage points vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.3%▼ -0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.2%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.06, compared with 0.03 in 2024, below 1; short-term debt: 32.4% and cash: 1% of total assets), and 79.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 28% on solvency, 21% on liquidity, 45% on profitability and 87% on growth.

The bankruptcy probability was computed on 28-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · No main activity registered
KBO
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 0.06, cash €14,306
NBB · annual accounts
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 08-07-2026, 23 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
23 days early
2024
77 days early
2023
22 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 41 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 8 July (3 of the last 3 filed years within 54 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2023 to 2025net €104,895 ▲25.7%
  3. Equity above €200,000equity €295,965 ▲54.9%

Financials · financial year 2025, micro format

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
≈ €450,000
Estimated: probably between €300,000 and €690,000
Total assets
€1.4m▲ 1.0%
2024 · €1.4m
Net result
€104,895▲ 25.7%
2024 · €83,438
Working capital
-€436,498▼ 4.5%
2024 · -€417,761
Trend over the years

2023 to 2025, 3 financial years

The operating result has risen two years in a row; 2025 is 14% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.2m 2025 Net result€0.1m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€0.01m-€0.2m▲ 11×€0.2m▲ 13.5%
Net result€0.003m-€0.08m▲ 32×€0.1m▲ 25.7%
Equity€0.1m-€0.2m▲ 77.5%€0.3m▲ 54.9%
Total assets€1.4m-€1.4m▲ 0.4%€1.4m▲ 1.0%
Debt€1.3m-€1.2m▼ 6.0%€1.1m▼ 7.4%
Working capital-€0.4m--€0.4m▼ 10.0%-€0.4m▼ 4.5%
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets €1.4m =
Current assets €26,431 ▲ 121%
Equity and liabilities €1.4m
Equity €295,965 ▲ 54.9%
Debt €1.1m ▼ 7.4%
Debt's share of the balance-sheet total falls from 86.5% to 79.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€178,341▲
2024 · €156,949
Cash flow
€105,468▲
2024 · €83,808
Current ratio
0.06▲
2024 · 0.03
Debt to equity
3.83▼
2024 · 6.40
ROE
35.4%▼
2024 · 43.7%
ROA
7.3%▲
2024 · 5.9%
Interest coverage
4.74▲
2024 · 3.46
Debt ≤ 1 year
€462,930▲
2024 · €429,704
Debt > 1 year
€669,372▼
2024 · €793,577
Income taxes
€35,288▲
2024 · €27,813
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.4m€1.4m▲
Formation expenses20€0.001m€0.001m▼
Fixed assets21/28€1.4m€1.4m=
Tangible fixed assets22/27€0.001m€0.001m▼
Furniture and vehicles24€0.001m€0.001m▼
Financial fixed assets28€1.4m€1.4m=
Current assets29/58€0.01m€0.03m▲
Amounts receivable within one year40/41-€0.01m
Trade receivables40-€0.01m
Cash at bank and in hand54/58€0.01m€0.01m▲
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.4m▲
Equity10/15€0.2m€0.3m▲
Contributions10/11€0.1m€0.1m=
Profit (loss) carried forward14€0.09m€0.2m▲
Amounts payable17/49€1.2m€1.1m▼
Amounts payable after more than one year17€0.8m€0.7m▼
Financial debts170/4€0.8m€0.7m▼
Amounts payable within one year42/48€0.4m€0.5m▲
Current portion of amounts payable after more than one year42€0.4m€0.4m▲
Trade debts44-€410
Suppliers440/4-€410
Advances received on contracts in progress46€0.005m-
Taxes, remuneration and social security45€0.04m€0.07m▲
Taxes450/3€0.04m€0.07m▲
Remuneration and social security454/9€0.001m-
Other amounts payable47/48€94€69▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€370€0.001m▲
Other operating charges640/8€387-
Gross operating margin9900€0.2m€0.2m▲
Operating profit (loss)9901€0.2m€0.2m▲
Financial charges65/66B€0.05m€0.04m▼
Recurring financial charges65€0.05m€0.04m▼
Profit (loss) for the period before taxes9903€0.1m€0.1m▲
Income taxes67/77€0.03m€0.04m▲
Profit (loss) for the period9904€0.08m€0.1m▲
Profit (loss) for the period to be appropriated9905€0.08m€0.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.09m€0.2m▲
Profit (loss) brought forward from the previous period14P€0.003m€0.09m▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84€370€572▲ 54.8%
Other operating charges640/8€384€387--
Gross operating margin9900€14,515€157,336€178,341▲ 13.4%
Operating profit (loss)9901€14,047€156,579€177,769▲ 13.5%
Financial charges65/66B€10,538€45,329€37,585▼ 17.1%
Recurring financial charges65€10,538€45,329€37,585▼ 17.1%
Profit (loss) for the period before taxes9903€3,509€111,251€140,183▲ 26.0%
Income taxes67/77€877€27,813€35,288▲ 26.9%
Profit (loss) for the period9904€2,632€83,438€104,895▲ 25.7%
Profit (loss) for the period to be appropriated9905€2,632€83,438€104,895▲ 25.7%
Line202320242025Change
Assets
Total assets20/58€1.4m€1.4m€1.4m▲ 1.0%
Formation expenses20€0.001m€0.001m€0.001m▼ 26.9%
Fixed assets21/28€1.4m€1.4m€1.4m=
Tangible fixed assets22/27-€0.001m€0.001m▼ 21.2%
Furniture and vehicles24-€0.001m€0.001m▼ 21.2%
Financial fixed assets28€1.4m€1.4m€1.4m=
Current assets29/58€0.007m€0.01m€0.03m▲ 121%
Amounts receivable within one year40/41--€0.01m-
Trade receivables40--€0.01m-
Cash at bank and in hand54/58€0.007m€0.01m€0.01m▲ 19.8%
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.4m€1.4m▲ 1.0%
Equity10/15€0.1m€0.2m€0.3m▲ 54.9%
Contributions10/11€0.1m€0.1m€0.1m=
Profit (loss) carried forward14€0.003m€0.09m€0.2m▲ 122%
Amounts payable17/49€1.3m€1.2m€1.1m▼ 7.4%
Amounts payable after more than one year17€0.9m€0.8m€0.7m▼ 15.7%
Financial debts170/4€0.9m€0.8m€0.7m▼ 15.7%
Amounts payable within one year42/48€0.4m€0.4m€0.5m▲ 7.7%
Current portion of amounts payable after more than one year42€0.4m€0.4m€0.4m▲ 0.9%
Trade debts44€230-€410-
Suppliers440/4€230-€410-
Advances received on contracts in progress46-€0.005m--
Taxes, remuneration and social security45€0.007m€0.04m€0.07m▲ 87.3%
Taxes450/3€0.007m€0.04m€0.07m▲ 92.8%
Remuneration and social security454/9-€0.001m--
Other amounts payable47/48€179€94€69▼ 26.7%
Line202320242025Change
Profit (loss) for the period9904€2,632€83,438€104,895▲ 25.7%
+ Depreciation and write-downs630€84€370€572▲ 54.8%
Operating cash flow (approximation)€2,716€83,808€105,468▲ 25.8%
Investment in fixed assets (approximation)--€1,692-€292▲ 82.7%
Change in cash-€4,715€2,363▼ 49.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 micro format 08-07-2026 2026-00268895
31-12-2024 micro format 15-05-2025 2025-00096450
31-12-2023 micro format 09-07-2024 2024-00247336

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2023
CULOT Florian Christian Michel
Director (not named in the articles) · since 21-08-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2023, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
CULOT Florian Christian Michel
  • Director (not named in the articles), from 21-08-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. CARROSSERIE MINEUR 100%
  2. FLOCUL

Highest known parent: CARROSSERIE MINEUR. The sources do not say who stands above it.

Owners 1

According to the 2025 annual accounts of FLOCUL and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 21-08-2023 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 21-08-2023 Incorporation · €105,000 · 100 shares

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of FLOCUL and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

1 current director
Depth

The board mandates are listed below; here you explore them as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Board mandates elsewhere

1 board mandate
Board mandates of this companythis company sits on their board1

History

FLOCUL was incorporated on 17 August 2023 as a private limited company by one natural person, with a starting capital of €105,000.12 Since 2023, CULOT Florian Christian Michel has served as director of the company.2 Total assets went from €1.4m in 2023 to €1.4m in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 21-08-2023
  3. 3National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Highest result from 2023 to 2025net €104,895 ▲25.7%
Operating result €177,769, net result €104,895, both a record.
31-12
Financial Equity above €200,000equity €295,965 ▲54.9%
A profit in every financial year since 2023 builds equity to €295,965.
15-05
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Equity above €150,000equity €191,070 ▲77.5%
A profit in every financial year since 2023 builds equity to €191,070.
09-07
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
21-08
Gazette deed Incorporation
Appointment: CULOT Florian Christian Michel (director) · Founder · Founding capital10 facts ▸
  • Incorporation, “5670 Treignes (Viroinval),rue de la Gare,30”, 17-08-2023 (deed in French)
  • Founder, CULOT Florian Christian Michel
  • Founding capital, €105,000
  • Bank account, “compte spécial”, EUR (deed in French)
  • Capital
  • Registered office clause, “5670 Treignes (Viroinval), rue de la Gare”, 30 (deed in French)
  • Other provision, “Site internet et adresse électronique, toute communication vers cette adresse par actionnaires,titulaires titres émis et titulaires certificats réputée valablem…” (deed in French)
  • Board rule, 1
  • Director appointment, CULOT Florian Christian Michel (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, tous engagements et obligations en résultant et activités entreprises par l'un ou l'autre comparants au nom et pour compte société en formation” (deed in French)
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded17-08-2023
Financial year end31-12
Contact
E-mail culotflo@yahoo.be
Phone +32478820706
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804879076
Also 9925:BE0804879076
Registered 16-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Viroinval · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
108 m²
Building footprint
108 m²
Building volume
434 m³
Parcel 93079B0091/00H003, Wallonia · tallest building 5.2 m. Linked by address, not a title deed.
1 establishment unit
FLOCUL SRL
Rue de la Gare, Treignes 30, 5670 ViroinvalAgents specialised in the wholesale of other particular products
since 2023unit no. 2.348.607.649
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
93079B0091/00H003 Wallonia 108 m² 1 · 108 m² 5.2 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Flocul
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, établir ou supprimer par simple décision de l’organe d’administration,pour autant que sans changement de régime…” (deed in French)

deed of 21-08-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Nombre,durée,et en cas de pluralité,pouvoirs, personnes physiques ou morales,actionnaires ou non” (deed in French)

deed of 21-08-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre des actions nominatives avec mentions requises par le Code des sociétés et des associations” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié cédant,moitié acquéreur(s) proportionnellement aux actions acquises, héritiers et légataires non de plein droit actionnaires tenus de…” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Apport en numéraire avec émission de nouvelles actions, courrier électronique,ou courrier ordinaire pour personnes sans adresse…” (deed in French)

deed of 21-08-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Thursday of June at 18:00

deed of 21-08-2023

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Décision de l'assemblée générale délibérant comme en matière de modification des statuts” (deed in French)
“Formes prévues pour modifications aux statuts, assemblée générale” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Quelque cause et quelque moment, si aucun autre liquidateur désigné” (deed in French)

deed of 21-08-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Appels de fonds, Les actions doivent être libérées à leur émission” (deed in French)
Other provision: “Frais représentation,voyages et déplacements en sus, Rémunération des administrateurs” (deed in French)
Other provision: “Organe détermine si agissent seul ou conjointement, Gestion journalière” (deed in French)
Other provision: “Un ou plusieurs commissaires, Contrôle de la société” (deed in French)
Other provision: “Séances–procès-verbaux, signées par un ou plusieurs membres organe ayant pouvoir représentation” (deed in French)
Other provision: “Tout actionnaire peut donner à toute personne actionnaire ou non par tout moyen transmission procuration écrite, Délibérations” (deed in French)
Other provision: “Trois semaines, organe administration” (deed in French)
Other provision: “Répartition–réserves, moitié bénéfice net réserves et moitié distribuée si conditions légales remplies” (deed in French)
Liquidation distribution: “Biens conservés remis pour partage même proportion, actif net réparti entre actionnaires en proportion actions” (deed in French)
Other provision: “Communications,sommations,assignations,significations valablement faites, Election de domicile” (deed in French)
Other provision: “Tribunaux du siège compétence exclusive, Compétence judiciaire” (deed in French)
Other provision: “Clauses contraires dispositions impératives censées non écrites, Droit commun” (deed in French)
3 more provisions in the deed, see the deed of 21-08-2023

deed of 21-08-2023