Floren en Cie
ActiveSummary
Floren en Cie has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.9m and a net result of -€120,025. Equity has been growing by about 8% per year since 2018. Its solvency ranks better than 74% of 365 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active Normal situation
- Activity
- Manufacture of other non-metallic mineral products NACE 23321
- Joint committees
- 200 Aanvullend Paritair Comité voor de bedienden
- 114 Paritair Comité voor de steenbakkerij · annual accounts 2024
- Establishment unit
- 2.005.405.516 2960 Brecht, since 01-09-1932
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- de CORSWAREM MichelManaging director
- MAHONEY RyanDirector · since 16-08-2022
- Anthony John MorrisDirector · since 07-04-2026
- Auditor
- VGD Bedrijfsrevisoren
- CORSWAREM100%2021 annual accounts of CORSWAREM
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Turnover
- €5.1m
- Loss
- €120,025
- Equity
- €6.9m
- ▼ 1.7%
- Total assets
- €10.2m
- ▲ 9.4%
- Employees on 31-12-2025
- 24
- ▼ 11.1%
Score breakdownraises riskLiquidity: current ratio 4.18, cash €71,735, halvedLoss of €120,025 (financial year 2025)lowers riskSize: turnover €5.1m, 24.3 FTE, total assets €10.2mFounded in 1968Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 23, small). It does better than 75% of them on solvency, 65% on liquidity, 34% on profitability and 27% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 23), the median for financial year 2024 was 10 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: From profit to loss in 2025after a profit of €732,624 in 2024 -€120,025 View
- Positive: 3rd largest company by total assets in Brecht, Manufacturing sectorin the Checked rankings No. 3 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Board changedlatest change 07-04-2026 · 2 in office 1 joined · 1 left View
Recent changes
- · Gazette deed Reappointment: VGD Bedrijfsrevisoren (statutory auditor)Permanent representative: Tina Burm · Resignation: Rachel Warren (director) · Appointment: Anthony John Morris (director)
- · Gazette deed Resignation: Peter Sharp (director)Appointment: Rachel Warren (director)
- · Gazette deed Resignation: Joris Mertens (gedelegeerd tot het dagelijks bestuur)Appointment: Michel de Corswarem (persoon gedelegeerd tot het dagelijks bestuur)
Comparable companies
These companies have their main activity in the same NACE class as Floren en Cie: manufacture of other non-metallic mineral products (NACE 2332). With exactly the same main activity (NACE 23321), too few companies are of comparable size. They are comparable in size and age: total assets between €1.4m and €14m, founded between 1956 and 1995.
| Company | Total assets | Gross margin |
|---|---|---|
| Floren en Cie Brecht | €10.2m | €2.7m |
| Desta Hoogstraten | €8.4m | €2.8m |
| BMI Production Belgium Tessenderlo-Ham | €5.5m | €3.7m |
| SWENDEN Rumst | €13.8m | €0.7m |
| B.A.J. BETON Houthalen-Helchteren | €4.3m | €1.0m |
| STEENBAKKERIJ DUMOULIN Roeselare | €4.3m | €0.6m |
| Société anonyme WAUTERS NV Brussel | €1.4m | €1.5m |
Key facts about Floren en Cie
- What is the company number of Floren en Cie?
- The company number of Floren en Cie is 0403.717.562. The VAT number is the same number with BE in front: BE 0403.717.562.
- Where is Floren en Cie based?
- The registered office is at Vaartkant Rechts 4, 2960 Brecht.Company details
- What does Floren en Cie do?
- According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23321).
- What is the legal form of Floren en Cie?
- The legal form of Floren en Cie is Public limited company (NV).
- When was Floren en Cie founded?
- Floren en Cie was founded on 01-01-1968.
- Is Floren en Cie still active?
- Yes, Floren en Cie is an active enterprise in the KBO register.
- How many employees does Floren en Cie have?
- Floren en Cie had an average of 24.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Floren en Cie fall under?
- In its 2024 annual accounts, Floren en Cie states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 114 (Paritair Comité voor de steenbakkerij).
- What is the turnover of Floren en Cie?
- The turnover of Floren en Cie was €5.1m in financial year 2025, according to the filed annual accounts.
- Is Floren en Cie profitable?
- In financial year 2025, Floren en Cie made a loss of €120,025.
- Where can I find the annual accounts of Floren en Cie?
- Floren en Cie filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Floren en Cie due?
- Floren en Cie must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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