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FLORAS

Active Private limited companyfounded 2024active for 2 yearsVelodroomstraat 57A, 8700 TieltKBO/BCE: BE 1008.215.426

Lifetime

1 annual account with figures
peak €23,846 (2025)
€23,846 
peak €6,500 (2025)
€6,500 
peak €206,500 (2025)
€206,500 
€1.9m 
Board2 names since 2024
2 directorsBLOMME Pieter Emerie Magdalena and 1 other
Owners
Documentsfilings and deeds
31-07-2026on the last day
2025abbreviated format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €99,000 estimated

The abbreviated format states no turnover.

Debts

€1.9m 90% of the balance sheet
Suppliers 56%Taxes and wages 1%Other 43%

Checked score

88
Excellent
Financially stronger than 24% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).

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

Last 24 months 05-2025: 0.7% 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.8%▲ +0.1 percentage points vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.9%▲ +0.1 percentage points vs 09-2025 11-2025: 1.0%▲ +0.1 percentage points vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 0.9%▼ -0.1 percentage points vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 1.0%▲ +0.1 percentage points vs 02-2026 04-2026: 1.1%▲ +0.1 percentage points vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026highest value 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 0.1%▼ -1.0 percentage point vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Weak

35equity 10.0% of total assets
3short-term debt 90.0% · cash 2.5%
38return on assets 0.3%

Score breakdown

raises risk
Founded in 2024
lowers risk
Size: total assets €2.1m
Sector: Real estate activities (NACE 68)
Figures for financial year 2025 (filed on 06-08-2026)
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 68, small). It does better than 29% of them on solvency, 6% on liquidity and 36% on profitability.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 1,514 companies had the same profile as FLORAS has now. Each dot stands for 4 companies, two years later.

95.8%
were still trading
1.5%
stopped another way
2.4%
went bankrupt
  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of FLORAS itself is lower: 0.1% within 12 months. It rests on far more data about FLORAS than the profile alone.

Test of the method

The method was tested on the 497,447 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 1,514 companies, not a prediction for FLORAS. 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.

Credit verdict

Credit of up to €18,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record

Liquidity is tight, with a current ratio of 1.09, below the usual 1.5. Short-term debt is 90% and cash 2.5% of total assets. 90% of the assets are financed with debt and provisions.

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Figures for financial year 2025 (filed on 06-08-2026)
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
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 31-07-2026, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
on the day
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1008215426
Incorporation Founding capital of €200,000, 200 shares · Founders: WONINGBOUW BLOMME and LAFAUT PROJECTS · Permanent representative: LAFAUT Karolien Marcella Magdalena · published on 11-04-2024 · Gazette deed
First establishment Velodroomstraat 57A, Tielt
All 4 events

Comparable companies

same main activity, similar in size and age
Company
FLORAS Tielt €2.1m €23,846 10.0% -
HOLLOGNE DEVELOPPEMENT Malmedy €2.4m €18,180 11.3% -
WGPB Hasselt €2.0m €16,160 0.5% -
DUPROBO Tielt €1.9m €25,190 5.1% -
VERO CONSTRUCT Oostkamp €1.5m €40,156 4.6% -
MR. La Clairière Evergem €1.9m €23,566 1.8% -
JACO CONSTRUCT Uccle €2.5m €42,568 1.3% -

These companies have the same main activity as FLORAS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.5m and €2.5m, founded between 2023 and 2024.

Official details

Source: KBO
Status
Active since 09-04-2024Normal situation
Activity
Development of residential building projectsNACE 68121and 4 others
Establishment unit
2.358.817.0968700 Tielt, since 09-04-2024
Financial year end
31 December
Peppol
Reachable since 26-12-2025
Company details

Annual accounts 2025

€2.1m
Filing
Filed on 31-07-2026, on the last day of the filing period
Financials

Insights on FLORAS

FLORAS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €206,500 and a net result of €6,500.

Its solvency ranks better than 29% of 11,299 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FLORAS

What is the company number of FLORAS?
The company number of FLORAS is 1008.215.426. The VAT number is the same number with BE in front: BE 1008.215.426.
Where is FLORAS based?
The registered office is at Velodroomstraat 57A, 8700 Tielt.Company details
What does FLORAS do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of FLORAS?
FLORAS is a private limited company (BV).
When was FLORAS founded?
FLORAS was founded on 09-04-2024.
Is FLORAS still active?
Yes, FLORAS is an active enterprise in the KBO register.
What is the turnover of FLORAS?
The turnover in financial year 2025 is ≈ €99,000. This figure is estimated from the gross margin of €23,846 and 48 comparable companies (NACE 68121). It probably lies between €49,000 and €310,000. It is a rough estimate.Financials
Is FLORAS profitable?
In financial year 2025, FLORAS made a profit of €6,500.
Where can I find the annual accounts of FLORAS?
FLORAS filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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