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Florah

Active
Private limited companyfounded 2025active for 1 yearGroot Veerle 20, 2960 Brecht, BelgiumKBO/BCE: BE 1024.240.618

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 12-06-2026 at the NBB

Turnover
≈ €140,000
Estimated: probably between €100,000 and €180,000
Total assets
€76,228
Net result
€54,124
Working capital
€57,124

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Equity and liabilities €76,228
Equity €57,124
Debt €19,104
Debt's share of the balance-sheet total is 25.1%.
Key figures and ratios
2025 value
Current ratio
3.99
Debt to equity
0.33
ROE
94.7%
ROA
71.0%
Debt ≤ 1 year
€19,104
Income taxes
€14,021

Comparable companies

These companies have the same main activity as Florah: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €71,300 and €80,000, founded in 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
Florah Brecht2025€76,228€57,124€68,201€54,1242025
Emil Vermeiren Brecht2025€73,595€47,144€62,420€44,1442025
Thalia Consulting Antwerpen2025€76,357€58,172€68,035€54,1722025
Brictor Bonheiden2025€74,027€56,665€66,824€51,6652025
KLINGCORP Mechelen2025€72,658€47,411€68,078€45,5562025
ALISTHO Schilde2025€80,016€55,228€68,564€52,2282025
Katalko Nijlen2025€71,270€51,363€67,047€48,3632025

They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 11,279 companies had the same profile as Florah has now. Two years later, 0.7% had gone bankrupt and 96.6% were still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% was still going

That fits the bankruptcy probability of Florah itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 11,279 companies, not a prediction for Florah. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines

Source: Annual accounts 2025 at the NBB, filed on 12-06-2026.

Balance sheet Code2025
Assets
Total assets20/58€76,228
Current assets29/58€76,228
Current investments50/53€21,997
Cash at bank and in hand54/58€53,968
Deferred charges and accrued income490/1€263
Equity and liabilities
Total equity and liabilities10/49€76,228
Equity10/15€57,124
Contributions10/11€3,000
Reserves13€54,124
Distributable reserves133€54,124
Amounts payable17/49€19,104
Amounts payable within one year42/48€19,104
Financial debts43€547
Credit institutions430/8€547
Trade debts44€761
Suppliers440/4€761
Taxes, remuneration and social security45€16,002
Taxes450/3€13,617
Remuneration and social security454/9€2,385
Other amounts payable47/48€1,794
Income statement Code2025
Other operating charges640/8€6
Gross operating margin9900€68,201
Operating profit (loss)9901€68,195
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€50
Recurring financial charges65€50
Profit (loss) for the period before taxes9903€68,145
Income taxes67/77€14,021
Profit (loss) for the period9904€54,124
Profit (loss) for the period to be appropriated9905€54,124
Appropriation of the result
Profit (loss) to be appropriated9906€54,124
Transfer to equity691/2€54,124
To other reserves6921€54,124

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Line2025
Other operating charges640/8€6
Gross operating margin9900€68,201
Operating profit (loss)9901€68,195
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€50
Recurring financial charges65€50
Profit (loss) for the period before taxes9903€68,145
Income taxes67/77€14,021
Profit (loss) for the period9904€54,124
Profit (loss) for the period to be appropriated9905€54,124
Line2025
Assets
Total assets20/58€76,228
Current assets29/58€76,228
Current investments50/53€21,997
Cash at bank and in hand54/58€53,968
Deferred charges and accrued income490/1€263
Equity and liabilities
Total equity and liabilities10/49€76,228
Equity10/15€57,124
Contributions10/11€3,000
Reserves13€54,124
Distributable reserves133€54,124
Amounts payable17/49€19,104
Amounts payable within one year42/48€19,104
Financial debts43€547
Credit institutions430/8€547
Trade debts44€761
Suppliers440/4€761
Taxes, remuneration and social security45€16,002
Taxes450/3€13,617
Remuneration and social security454/9€2,385
Other amounts payable47/48€1,794
Line2025
Profit (loss) for the period9904€54,124
Operating cash flow (approximation)€54,124

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 12-06-2026 2026-00155930 NBB

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