Skip to content

FLOGELEC

Active
Public limited companyfounded 2008active for 17 yearsStockem, route de Neufchâteau 208, 6700 Arlon, BelgiumKBO/BCE: BE 0808.607.539
Summary

FLOGELEC has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €746,222 and a net result of €39,217. Equity has been growing by about 9.6% per year since 2018. Its solvency ranks better than 95% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
FLOGELECActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 22-12-2008 Normal situation
Activity
Agents in the wholesale of industrial machinery, ships and aircraft NACE 46140and 2 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.175.248.952 4020 Liège, since 09-01-2009
Financial year end
31 December
Peppol
Reachable since 10-12-2025
Company details

Board and ownership

Board
  • AG-SOLUTIODirector · since 05-12-2024 · permanent representative Géron Albert M
  • KURT COLIN CONSULTING BVDirector · since 05-12-2024 · permanent representative COLIN Kurt Frans M
Shareholders
Holdings
Shares in 1 company C.D.S. ARLON
Board & ownership

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€105,996
▲ 0.1%
Turnover
≈ €400,000
estimated
Profit
€39,217
▼ 4.6%
Equity
€746,222
▲ 5.5%
Total assets
€800,609
▲ 6.7%
Employees on 31-12-2025
1
=
Financials
Score breakdownlowers riskEquity €746,222 (93.2% of total assets)Founded in 2008Figures for financial year 2025 (filed on 27-06-2026)Size: 1 FTE, total assets €800,609Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of micro companies in wholesale trade (NACE 46)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 100=
equity 93.2% of total assets
Liquidity 58+4
short-term debt 6.7% · cash 6.3%
Profitability 75-1
return on assets 4.9%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: < 0.1%▼ -0.2 percentage points vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €70,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 14.73 (17.25 in 2024), above the usual 1.5. Short-term debt is 6.7% and cash 6.3% of total assets. 6.8% of the assets are financed with debt and provisions.
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 46, micro). It does better than 90% of them on solvency, 64% on liquidity, 63% on profitability and 56% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Equity €746,222 (93.2% of total assets)
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 27-06-2026)
NBB · annual accounts
lowers risk · Size: 1 FTE, total assets €800,609
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
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 27-06-2026, 34 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
34 days early
2024
31 days early
2023
30 days early
2022
50 days early
2021
40 days early
2020
64 days early
2019
49 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 43 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 27 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 95% of companies in wholesale tradesector median 45.2% · 6,172 companies 93.2% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €39,217 8 years View

Recent changes

  1. · Gazette deed Resignation: itsme Holding B.V. (sole director)Appointments: KC CONSULTING (director) and AG-Solutio (director) · Permanent representatives: COLIN Kurt Frans M, Géron Albert M and LEEFLANG Taco
  2. · Gazette deed Resignations: E.M.G.E SA (director) and Marc Geron (daily management delegate)Appointment: Itsme Holding B.V. (director) · Permanent representative: Taco Leeflang
  3. · Gazette deed Resignations: Xavier Géron, Marc GERON and Martine DELCOURAppointment: E.M.G.E. (sole director) · Permanent representative: Marc GERON
All 18 events

Companies linked to FLOGELEC

Comparable companies

These companies have the same main activity as FLOGELEC: agents in the wholesale of industrial machinery, ships and aircraft (NACE 46140). They are comparable in size and age: total assets between €430,000 and €921,000, founded between 2006 and 2012.

CompanyTotal assetsGross margin
FLOGELEC Arlon€800,609€105,996
HOT GLASS HANDLING TRADING Brugge€808,212€118,613
Weld Constructies Lebbeke€430,291€118,640
PEO Machelen (Brab.)€742,311€315,277
PANACHE Diest€626,713€251,863
Powerplay Gent€705,657€107,869
BIT Invest Kruisem€921,163€71,529
Full comparison

Key facts about FLOGELEC
What is the company number of FLOGELEC?
The company number of FLOGELEC is 0808.607.539. The VAT number is the same number with BE in front: BE 0808.607.539.
Where is FLOGELEC based?
The registered office is at Stockem, route de Neufchâteau 208, 6700 Arlon.Company details
What does FLOGELEC do?
According to the KBO register, the main activity is agents in the wholesale of industrial machinery, ships and aircraft (NACE 46140).
What is the legal form of FLOGELEC?
The legal form of FLOGELEC is Public limited company (NV).
When was FLOGELEC founded?
FLOGELEC was founded on 22-12-2008.
Is FLOGELEC still active?
Yes, FLOGELEC is an active enterprise in the KBO register.
How many employees does FLOGELEC have?
FLOGELEC had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FLOGELEC fall under?
In its 2025 annual accounts, FLOGELEC states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of FLOGELEC?
The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €105,996 and 31 comparable companies (NACE 461). It probably lies between €190,000 and €970,000.
Is FLOGELEC profitable?
In financial year 2025, FLOGELEC made a profit of €39,217.
Where can I find the annual accounts of FLOGELEC?
FLOGELEC filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FLOGELEC due?
FLOGELEC 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 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 See the other companies in the same group.itsme Holding Belgium · 15 companies Compare this company with its sector.Sector benchmark

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure