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Floortec

Open bankruptcy
Private limited companyfounded 2023Steenweg 3, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0798.087.492

A bankruptcy procedure is open for Floortec according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €20k and a net result of €18k.

Signals

Five signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 36378 sector peers (2024).
NBB · sector comparison
Position among 36378 sector peers
Solvency
better than 15%
← weakest strongest →
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 31-12-2024, 120 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
120 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€20k
Total assets
€179k
Net result
€18k
Working capital
€-12k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €179k
Fixed assets €59k
Current assets €120k
Equity and liabilities €179k
Equity €20k
Debt €160k
Debt finances 89.0% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€38k
Cash flow
€24k
Solvency
11.0%
Current ratio
0.91
Quick ratio
0.88
Debt / equity
8.11
ROE
92.4%
ROA
10.1%
Interest coverage
9.01
Debt
€160k
Debt ≤ 1 year
€132k
Debt > 1 year
€28k
Income taxes
€10k
Staff costs
€46k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet Code2024
Assets
Total assets20/58€179k
Fixed assets21/28€59k
Tangible fixed assets22/27€50k
Plant, machinery and equipment23€12k
Furniture and vehicles24€12k
Leasing and similar rights25€26k
Financial fixed assets28€9k
Current assets29/58€120k
Stocks and contracts in progress3€5k
Stocks30/36€5k
Amounts receivable within one year40/41€100k
Trade receivables40€71k
Other amounts receivable41€29k
Cash at bank and in hand54/58€2k
Deferred charges and accrued income490/1€13k
Equity and liabilities
Total equity and liabilities10/49€179k
Equity10/15€20k
Contributions10/11€2k
Reserves13€18k
Distributable reserves133€18k
Amounts payable17/49€160k
Amounts payable after more than one year17€28k
Financial debts170/4€28k
Amounts payable within one year42/48€132k
Current portion of amounts payable after more than one year42€7k
Trade debts44€98k
Suppliers440/4€98k
Taxes, remuneration and social security45€26k
Taxes450/3€13k
Remuneration and social security454/9€13k
Other amounts payable47/48€1k
Income statement Code2024
Non-recurring operating income76A€3k
Remuneration, social security and pensions62€46k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k
Other operating charges640/8€2k
Gross operating margin9900€86k
Operating profit (loss)9901€32k
Financial income75/76B€442
Recurring financial income75€442
Financial charges65/66B€4k
Recurring financial charges65€4k
Profit (loss) for the period before taxes9903€28k
Income taxes67/77€10k
Profit (loss) for the period9904€18k
Profit (loss) for the period to be appropriated9905€18k
Appropriation of the result
Profit (loss) to be appropriated9906€18k
Transfer to equity691/2€18k
To other reserves6921€18k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2026
16-09
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · FLOORTEC BV STEEN- WEG 3/402, 3540 HERK-DE-STAD · event 10-09-2026
2024
31-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
SignalNBB filing

Directors · office · real estate

Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
08-01-2025 Resigned as Director
Location & real-estate footprint
Registered office, Herk-de-Stad · 1 establishment unit since 2023
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Steenweg 33540 Herk-de-Stad
Ground area
5,956 m²
Building footprint
357 m²
Parcel 71003B0070/00Z004, Flanders. Linked by address, not a title deed.
1 establishment unit
Steenweg 3, 3540 Herk-de-Stad
General electrical installation work
since 20232.344.309.262
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71003B0070/00Z004 Flanders 5,956 m² 1 · 357 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates
Role Name Tenure
Curator MARK HUYGEN
RIEMSTERWEG 7A BUS 2, 3740 BILZEN-HOESELT
10-09-2026 → present
Curator MARTINE CLAESEN
RIEMSTERWEG 7A BUS 2, 3740 BILZEN-HOESELT-
10-09-2026 → present

Structure & network

Similar companies · same sector, comparable size

Of 9,531 companies in sector 43222 we hold annual accounts for 5,661. 3,499 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded03-02-2023
Fiscal year end30-09
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:floortec@outlook.be
Enterprise