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Floorworx

Active
Private limited companyfounded 20241 yr activeMeirestraat(KRU) 9, 9770 Kruisem, BelgiumKBO/BCE: BE 1014.616.337
Summary

The computed 12-month bankruptcy probability of Floorworx is 2.6% (moderate). The annual accounts of Floorworx for fiscal year 2025 show a net loss of 2,714% of total assets. The 2025 annual accounts show equity of €193 and a net result of -€9,807. Its solvency ranks better than 61% of 7940 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency78
Growth-
Track record67
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
9 mo
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
24 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

On 3 October 2024, Floorworx was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€193
Total assets
€361
Net result
-€9,807
Working capital
€193

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

Balance-sheet composition
Equity and liabilities €361
Equity €193
Debt €169
Debt finances 46.7% of the balance-sheet total.
Key figures and ratios
2025 value
Debt ≤ 1 year
€169
Ratios withheld: a balance sheet total of €361 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 584 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.4% went bankrupt
6.0% stopped otherwise
93% still going

For this company itself Checked computes a higher bankruptcy probability: 2.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 584 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 22 lines
Balance sheet Code2025
Assets
Total assets20/58€361
Current assets29/58€361
Amounts receivable within one year40/41€61
Other amounts receivable41€61
Cash at bank and in hand54/58€300
Equity and liabilities
Total equity and liabilities10/49€361
Equity10/15€193
Contributions10/11€10,000
Profit (loss) carried forward14-€9,807
Amounts payable17/49€169
Amounts payable within one year42/48€169
Trade debts44€45
Suppliers440/4€45
Other amounts payable47/48€124
Income statement Code2025
Gross operating margin9900-€9,631
Operating profit (loss)9901-€9,631
Financial charges65/66B€176
Recurring financial charges65€176
Profit (loss) for the period before taxes9903-€9,807
Profit (loss) for the period9904-€9,807
Profit (loss) for the period to be appropriated9905-€9,807
Appropriation of the result
Profit (loss) to be appropriated9906-€9,807

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Gross operating margin9900-€9,631
Operating profit (loss)9901-€9,631
Financial charges65/66B€176
Recurring financial charges65€176
Profit (loss) for the period before taxes9903-€9,807
Profit (loss) for the period9904-€9,807
Profit (loss) for the period to be appropriated9905-€9,807
Line2025
Assets
Total assets20/58€361
Current assets29/58€361
Amounts receivable within one year40/41€61
Other amounts receivable41€61
Cash at bank and in hand54/58€300
Equity and liabilities
Total equity and liabilities10/49€361
Equity10/15€193
Contributions10/11€10,000
Profit (loss) carried forward14-€9,807
Amounts payable17/49€169
Amounts payable within one year42/48€169
Trade debts44€45
Suppliers440/4€45
Other amounts payable47/48€124
Line2025
Profit (loss) for the period9904-€9,807
Operating cash flow (approximation)-€9,807

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

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Timeline · acts, filings and financial milestones

2026
24-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kruisem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
2.0 ha
Building footprint
2,967 m²
Volume, LiDAR
1,626 m³
Parcel 45017C0880/00F000, Flanders · tallest building 12.8 m. Linked by address, not a title deed.
1 establishment unit
Floorworx
Meirestraat(KRU) 9, 9770 KruisemSpecialised construction activities
since 20242.365.077.457
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45017C0880/00F000 Flanders 2.0 ha 1 · 2,967 m² 12.8 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 751 companies in sector 43422 we hold annual accounts for 424. 10 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded03-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43422Screed work
43230Insulation installation
43331Floor and wall tiling
E-invoicing
Reachable via Peppol
Peppol ID 0208:1014616337
Also 9925:BE1014616337
Registered 05-12-2025

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

Register as of 29 September 2026 · Peppol Directory

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