Active BE 0795.175.316Private limited company

FLOORMASTERS

Leopold III-laan 1 ·8400 Oostende, Belgium· 3 yrs active

Sector: Wholesale trade (46835)

Conclusion Checked

The computed 12-month bankruptcy probability of FLOORMASTERS is 1.5% (average). The 2024 annual accounts show equity of €1.07M and a net result of €257k. Its solvency ranks better than 90% of 129 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€1.07M
Net result	€257k
Staff (FTE)	2.8
Better than sector	90%

Snowflake analysis 5 axes · computed by Checked

83 / 100

Exceptional profile — strong across almost every axis.

Health 90

Profitability 100

Solvency 99

Growth 32

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

1.5% Average

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile −

Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

More than 3 years active

Founded in 2022 — past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

90 / 100 Excellent

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 23-06-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 46 — Wholesale trade · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	64.3%	15.8%	better than 90% of 129 sector peers
Net result	€257k	€19k	better than 88% of 129 sector peers
Equity	€1.07M	€64k	better than 93% of 129 sector peers
Gross operating margin	€567k	€139k	better than 81% of 128 sector peers
Staff costs	€188k	€153k	higher than 56% of 74 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€375k

-23.2% 23–24

Net profit

€257k

-27.1% 23–24

Cash flow

€296k

-20.9% 23–24

Total assets

€1.66M

+1.5% 23–24

Equity

€1.07M

-17.4% 23–24

Working capital

€820k

-32.3% 23–24

Employees (FTE)

3

+55.6% 23–24

Staff costs

€188k

-9.9% 23–24

Income taxes

€89k

-26.5% 23–24

Dividends

€440k

+120.0% 23–24

Debt

€593k

+72.6% 23–24

Debt ≤ 1y

€593k

+72.6% 23–24

Current ratio

2.38

-47.3% 23–24

Quick ratio

1.11

-50.5% 23–24

Solvency

64.3%

-18.6% 23–24

Debt / equity

0.55

+108.8% 23–24

ROE

24.0%

-11.8% 23–24

ROA

15.4%

-28.2% 23–24

Interest coverage

245.99

+38.3% 23–24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	—
EBITDA	€375k
Net profit	€257k
Cash flow	€296k
Staff costs	€188k
Income taxes	€89k
Dividends	€440k
Total assets	€1.66M
Equity	€1.07M
Debt	€593k
of which ≤ 1y	€593k
of which > 1y	—
Working capital	€820k
Employees (FTE)	2.8

Ratios (computed)

	2024
Current ratio	2.38
Quick ratio	1.11
Working capital ratio	49.3%
Solvency	64.3%
Debt / equity	0.55
Long-term debt ratio	—
Interest coverage	245.99
Gross margin	—
Net margin	—
ROA	15.4%
ROE	24.0%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2024

Assets

Fixed assets €250k · 15.0% Current assets €1.41M · 85.0%

Equity & liabilities

Equity €1.07M · 64.3% Debt €593k · 35.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet — Assets
TOTAL ASSETS	20/58	€1.66M
Fixed assets	21/28	€250k
Tangible fixed assets	22/27	€250k
Current assets	29/58	€1.41M
Stocks & contracts in progress	3	€754k
Amounts receivable within one year	40/41	€413k
Cash & bank	54/58	€244k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.66M
Equity	10/15	€1.07M
Contributions / capital	10/11	€34k
Reserves	13	€1.04M
Amounts payable	17/49	€593k
Amounts payable within one year	42/48	€593k
Trade debts payable within one year	44	€77k
Income statement
Gross operating margin	9900	€567k
Operating result	9901	€336k
Financial income	75	€11k
Financial charges	65	€2k
Result before taxes	9903	€345k
Income taxes	67/77	€89k
Net result for the period	9904	€257k
Result to be appropriated	9905	€257k

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Ratios computed by Checked.

Legal Structure

NACE primary	Wholesale trade(46835)
Legal form	Private limited company(610)
Incorporation	21-12-2022
Status	Active
Postal code	8400

Establishment units 1 location

FLOORMASTERS

Brugsesteenweg 101, 8450 BredeneGroothandel in panelen en platen, parket, enz.

since 20222.339.326.927

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35013A4616/00A000	Flanders	1.7 ha	1 · 2,735 m²	—
35302D0179/00P000	Flanders	9,085 m²	1 · 3,640 m²	7.3 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data — this is not proof of ownership.

Updates 2 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

23-06-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

2024

28-06-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

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Company registry (CBE) Crossroads Bank

Activities

Groothandel in vloer- en wandtegels46735Groothandel in vloer- en wandtegels46835Groothandel in overige bouwmaterialen46739Groothandel in overige bouwmaterialen46839Bouwmarkten en andere doe-het-zelfzaken in bouwmaterialen, algemeen assortiment47521Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)47521Detailhandel in tapijten en andere vloerbedekking en wandbekleding in gespecialiseerde winkels47530Detailhandel in tapijten en andere vloerbedekking en wandbekleding47530Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw77320Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw77320

Primary activity highlighted.

Names & trade names

Legal nameNL

FLOORMASTERS

Registered office

Leopold III-laan 1

8400 Oostende, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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