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Florida

Active Risk: very low
Non-profit associationfounded 197947 yrs activeLouizalaan 240, 1050 Brussel, BelgiumKBO/BCE: BE 0419.461.850
Summary

Florida has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2017 annual accounts show equity of €4.8m and a net result of €1.5m. Equity remains stable across the filed fiscal years (±0.7% per year). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2017 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2017 · tick = 2016
Profitability100▲+68
Solvency100=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 47 years 0 50 y
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 2017
Solvency, return and age of the figures
Solvency
100%
Return on assets
30.9%
Age of the figures
105 mo
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filings
Position against the passed deadline
31-12-2018 close31-07-2019 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 21-06-2018, 40 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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 9 May 1979, Florida was incorporated.1 Total assets went from EUR 3.9 million in 2013 to EUR 4.8 million in 2017.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2013 and 2017

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Financials · fiscal year 2017, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.5m
2016 · -€77,786
Working capital
Not included in this filing
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20132014201520162017
Operating result-€105,277--€106,024▼ 0.7%-€99,029▲ 6.6%-€110,172▼ 11.3%-€121,229▼ 10.0%
Net result-€43,671--€459,518▼ 952%-€7,197▲ 98.4%-€77,786▼ 981%€1.5m
Equity€3.9m-€3.4m▼ 11.9%€3.4m▼ 0.2%€3.3m▼ 2.3%€4.8m▲ 44.6%
Total assets€3.9m-€3.4m▼ 11.9%€3.4m▼ 0.1%€3.3m▼ 2.3%€4.8m▲ 44.5%
Debt€232-€232=€2,837▲ 1,123%€2,160▼ 23.9%
Result per fiscal year
Operating resultNet result
-€500,000€0€500,000€1.0m€1.5mOperating result 2013: -€105,277-€105,277Net result 2013: -€43,671-€43,671Operating result 2014: -€106,024-€106,024Net result 2014: -€459,518-€459,518Operating result 2015: -€99,029-€99,029Net result 2015: -€7,197-€7,197Operating result 2016: -€110,172-€110,172Net result 2016: -€77,786-€77,786Operating result 2017: -€121,229-€121,229Net result 2017: €1.5m€1.5m20132014201520162017-€500,000€0€500,000€1m€1.5mOperating result 2015: -€99,029-€99,000Net result 2015: -€7,197-€7,200Operating result 2016: -€110,172-€110,000Net result 2016: -€77,786-€77,800Operating result 2017: -€121,229-€121,000Net result 2017: €1.5m€1.5m201520162017
The operating result stays negative: a loss of €121,229 in 2017 against €110,172 in 2016; the loss grows and 2017 has the lowest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €4.8m
Fixed assets €4.0m ▲ 56.3%
Current assets €768,478 ▲ 3.9%
Key figures and ratios
2017 value · change against 2016
Solvency
100.0%▲
2016 · 99.9%
ROE
30.9%▲
2016 · -2.4%
ROA
30.9%▲
2016 · -2.4%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2017 against 2016 · 23 lines
Balance sheet Code20162017
Assets
Total assets20/58€3.3m€4.8m▲
Fixed assets21/28€2.6m€4.0m▲
Tangible fixed assets22/27€1,177€1,177=
Furniture and vehicles24-€1,177
Financial fixed assets28€2.6m€4.0m▲
Current assets29/58€739,932€768,478▲
Cash at bank and in hand54/58€739,932€768,478▲
Equity and liabilities
Total equity and liabilities10/49€3.3m€4.8m▲
Equity10/15€3.3m€4.8m▲
Contributions10/11-€4.8m
Capital10-€4.8m
Uncalled capital101-€4.8m
Profit (loss) carried forward14-€459,518-
Amounts payable17/49€2,160-
Income statement Code20162017
Other operating charges640/8-€7,411
Gross operating margin9900-€104,514-€113,818▼
Operating profit (loss)9901-€110,172-€121,229▼
Recurring financial income75€33,825€1.5m▲
Recurring financial charges65€1,439€704▼
Profit (loss) for the period before taxes9903-€77,786-
Profit (loss) for the period9904-€77,786€1.5m▲
Profit (loss) for the period to be appropriated9905-€77,786€1.5m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1.5m

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20132014201520162017Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€366€366€366---
Other operating charges640/8----€7,411-
Gross operating margin9900-€98,460-€99,224-€92,901-€104,514-€113,818▼ 8.9%
Operating profit (loss)9901-€105,277-€106,024-€99,029-€110,172-€121,229▼ 10.0%
Recurring financial income75€46,578€41,927€37,905€33,825€1.5m▲ 4,278%
Recurring financial charges65€1,764€1,369€1,026€1,439€704▼ 51.1%
Profit (loss) for the period before taxes9903-€60,463-€65,466-€62,150-€77,786--
Profit (loss) for the period9904-€43,671-€459,518-€7,197-€77,786€1.5m▲ 1,998%
Profit (loss) for the period to be appropriated9905-€43,671-€459,518-€7,197-€77,786€1.5m▲ 1,998%
Line20132014201520162017Change
Assets
Total assets20/58€3.9m€3.4m€3.4m€3.3m€4.8m▲ 44.5%
Fixed assets21/28€3.7m€3.3m€3.3m€2.6m€4.0m▲ 56.3%
Tangible fixed assets22/27€1,910€1,543€1,177€1,177€1,177=
Furniture and vehicles24----€1,177-
Financial fixed assets28€3.7m€3.3m€3.3m€2.6m€4.0m▲ 56.3%
Current assets29/58€144,133€66,631€68,395€739,932€768,478▲ 3.9%
Current investments50/53€62,060-----
Cash at bank and in hand54/58€56,761€41,319€44,292€739,932€768,478▲ 3.9%
Equity and liabilities
Total equity and liabilities10/49€3.9m€3.4m€3.4m€3.3m€4.8m▲ 44.5%
Equity10/15€3.9m€3.4m€3.4m€3.3m€4.8m▲ 44.6%
Contributions10/11----€4.8m-
Capital10----€4.8m-
Uncalled capital101----€4.8m-
Profit (loss) carried forward14-€43,671-€459,518-€7,197-€459,518--
Amounts payable17/49€232€232€2,837€2,160--
Line20132014201520162017Change
Profit (loss) for the period9904-€43,671-€459,518-€7,197-€77,786€1.5m▲ 1,998%
+ Depreciation and write-downs630€366€366€366---
Operating cash flow (approximation)-€43,305-€459,152-€6,831-€77,786€1.5m▲ 1,998%
Investment in fixed assets (approximation)-€381,650€5,990€750,000-€1.4m▼ 293%
Change in cash--€15,442€2,973€695,640€28,546▼ 95.9%

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
08-09
State Gazette act Reappointments: Caroline Velge, Patricia Velge and Antoine Velge
Power of attorney5 facts ▸
  • General meeting, 09-06-2026
  • Director reappointment, Caroline Velge (director)
  • Director reappointment, Patricia Velge (director)
  • Director reappointment, Antoine Velge (director)
  • Power of attorney, SRL BST Réviseurs d'Entreprises
2018
21-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
31-12
Financial Back to profitnet €1.5m
Net result €1.5m after 4 loss-making years.
05-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
04-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
06-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
31-12
Financial Weakest financial yearnet -€459,518
Net result drops to -€459,518, the lowest in the series; recovery starts the following year.
07-07
NBB filing Annual accounts filed
fiscal year 2013 · full schema
2013
31-07
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
24-08
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 24 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 14 acts read
About the unread acts

Of the 14 Belgian State Gazette acts we know for this company, 1 has been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
under verification
This board is reconstructed from a single act (26113276). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Current
Current
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
13 of this company's 14 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Brussel
exact location from the address register On OpenStreetMap
Ground area
975 m²
Building footprint
1,484 m²
Volume, LiDAR
27,640 m³
Parcel 21807G0121/00A008, Brussels · tallest building 31.4 m, ±6 floors. Linked by address, not a title deed.
122 companies at this address See who is registered here
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0121/00A008 Brussels 975 m² 1 · 1,484 m² 31.4 m · 6 fl.
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.

Mandate history

3 people since 2026, 3 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Antoine Velge
  • Director, already before 08-09-2026 to date
Caroline Velge
  • Director, already before 08-09-2026 to date
Patricia Velge
  • Director, already before 08-09-2026 to date
See the board, name and seat on a given date →

Structure & network

Connections & network

3 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

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Recognitions · licences · registrations

Legal Entity Identifier

967600GHIWPN35J2DF83
live in the LEI register

Identification & contact

Identification
Legal formNon-profit association
Founded09-05-1979
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

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