FLORIMO
ActiveSummary
The computed 12-month bankruptcy probability of FLORIMO is 1.8% (moderate). The 2024 annual accounts show equity of €157,159 and a net result of €43,372. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 66% of 2937 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability85▲+38
Solvency71▲+8
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity tight (current ratio 1.32 against 0.95 in 2023; short-term debt: 36.2% and cash: 29.3% of total assets), and 53.6% of the assets are financed with debt.
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Signals
Two 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-05-2025, 70 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
70 d early
2023
90 d early
2022
11 d early
2021
23 d late
2020
20 d late
2019
64 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€157,159▲ 38.1%
2023 · €113,786
Total assets
€338,472▲ 13.8%
2023 · €297,497
Net result
€43,372
2023 · -€27,360
Working capital
€39,702
2023 · -€4,186
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€4,582€142,174▲ 3,003%€98,192▼ 30.9%-€19,808€58,052
Net result-€338within the sector's middle half▲ 97.5%€123,880above the sector's middle half€74,702above the sector's middle half▼ 39.7%-€27,360below the sector's middle half€43,372within the sector's middle half
Equity€110,365above the sector's middle half▼ 0.3%€140,445above the sector's middle half▲ 27.3%€141,146above the sector's middle half▲ 0.5%€113,786within the sector's middle half▼ 19.4%€157,159within the sector's middle half▲ 38.1%
Total assets€355,929above the sector's middle half▼ 17.4%€490,559above the sector's middle half▲ 37.8%€389,143above the sector's middle half▼ 20.7%€297,497within the sector's middle half▼ 23.6%€338,472within the sector's middle half▲ 13.8%
Debt€245,564▼ 23.4%€350,114▲ 42.6%€247,997▼ 29.2%€183,710▼ 25.9%€181,313▼ 1.3%
Working capital€68,834€80,846▲ 17.5%€33,308▼ 58.8%-€4,186€39,702
Solvency31.0%within the sector's middle half▲ 5.3pp28.6%within the sector's middle half▼ 2.4pp36.3%within the sector's middle half▲ 7.6pp38.2%within the sector's middle half▲ 2.0pp46.4%within the sector's middle half▲ 8.2pp
Staff (FTE)8.3above the sector's middle half▼ 26.5%8.6▲ 3.6%8.8▲ 2.3%6.9within the sector's middle half▼ 21.6%9.1within the sector's middle half▲ 31.9%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €58,052 after a loss of €19,808 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €338,472
Fixed assets
€176,125 ▼ 17.4%
Current assets
€162,347 ▲ 92.7%
Equity and liabilities €338,472
Equity
€157,159 ▲ 38.1%
Debt
€181,313 ▼ 1.3%
Debt's share of the balance-sheet total falls from 61.8% to 53.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€109,205▲
2023 · €34,794
Cash flow
€94,525▲
2023 · €27,243
Current ratio
1.32▲
2023 · 0.95
Quick ratio
1.17▲
2023 · 0.82
Debt to equity
1.15▼
2023 · 1.61
ROE
27.6%▲
2023 · -24.0%
ROA
12.8%▲
2023 · -9.2%
Interest coverage
12.79▲
2023 · 4.73
Debt ≤ 1 year
€122,646▲
2023 · €88,456
Debt > 1 year
€51,929▼
2023 · €88,516
Income taxes
€6,385▲
2023 · €481
Staff costs
€351,643▼
2023 · €353,207
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.8% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 34,672 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,500 | €7,695 | €4,321 | €15,500 | ▲ 259% |
| Remuneration, social security and pensions62 | - | €197,653 | €343,270 | €353,207 | €351,643 | ▼ 0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €80,653 | €73,946 | €44,250 | €54,602 | €51,153 | ▼ 6.3% |
| Other operating charges640/8 | - | €7,615 | €8,952 | €6,409 | €7,511 | ▲ 17.2% |
| Non-recurring operating charges66A | - | - | €87 | €1,429 | €94 | ▼ 93.4% |
| Gross operating margin9900 | €309,247 | €421,388 | €494,751 | €395,838 | €468,453 | ▲ 18.3% |
| Operating profit (loss)9901 | €4,582 | €142,174 | €98,192 | -€19,808 | €58,052 | ▲ 393% |
| Financial income75/76B | - | €93 | €244 | €289 | €246 | ▼ 14.7% |
| Recurring financial income75 | €116 | €93 | €244 | €289 | €246 | ▼ 14.7% |
| Financial charges65/66B | - | €5,334 | €5,940 | €7,359 | €8,541 | ▲ 16.1% |
| Recurring financial charges65 | €4,729 | €5,334 | €5,940 | €7,359 | €8,541 | ▲ 16.1% |
| Profit (loss) for the period before taxes9903 | -€32 | €136,932 | €92,497 | -€26,878 | €49,757 | ▲ 285% |
| Income taxes67/77 | €306 | €13,052 | €17,795 | €481 | €6,385 | ▲ 1,227% |
| Profit (loss) for the period9904 | -€338 | €123,880 | €74,702 | -€27,360 | €43,372 | ▲ 259% |
| Profit (loss) for the period to be appropriated9905 | -€338 | €123,880 | €74,702 | -€27,360 | €43,372 | ▲ 259% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €355,929 | €490,559 | €389,143 | €297,497 | €338,472 | ▲ 13.8% |
| Fixed assets21/28 | €193,165 | €193,754 | €211,221 | €213,227 | €176,125 | ▼ 17.4% |
| Intangible fixed assets21 | €26,384 | €19,583 | €14,583 | €9,583 | €4,583 | ▼ 52.2% |
| Tangible fixed assets22/27 | €166,391 | €173,781 | €196,247 | €203,418 | €171,316 | ▼ 15.8% |
| Land and buildings22 | - | €19,984 | €38,098 | €36,938 | €35,778 | ▼ 3.1% |
| Plant, machinery and equipment23 | - | €120,711 | €104,998 | €100,221 | €82,590 | ▼ 17.6% |
| Furniture and vehicles24 | - | €20,561 | €43,514 | €30,821 | €20,662 | ▼ 33.0% |
| Leasing and similar rights25 | - | €12,525 | €9,637 | €32,938 | €23,786 | ▼ 27.8% |
| Other tangible fixed assets26 | - | - | - | €2,500 | €8,500 | ▲ 240% |
| Financial fixed assets28 | €390 | €390 | €390 | €225 | €225 | = |
| Current assets29/58 | €162,764 | €296,805 | €177,922 | €84,270 | €162,347 | ▲ 92.7% |
| Stocks and contracts in progress3 | €10,256 | €7,591 | €13,840 | €11,426 | €19,263 | ▲ 68.6% |
| Stocks30/36 | - | €7,591 | €13,840 | €11,426 | €19,263 | ▲ 68.6% |
| Amounts receivable within one year40/41 | €38,114 | €8,577 | €38,842 | €32,206 | €23,266 | ▼ 27.8% |
| Trade receivables40 | - | €447 | €8,100 | €6,286 | €6,084 | ▼ 3.2% |
| Other amounts receivable41 | - | €8,130 | €30,742 | €25,920 | €17,182 | ▼ 33.7% |
| Cash at bank and in hand54/58 | €111,658 | €277,051 | €120,308 | €35,584 | €99,131 | ▲ 179% |
| Deferred charges and accrued income490/1 | - | €3,585 | €4,933 | €5,054 | €20,687 | ▲ 309% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €355,929 | €490,559 | €389,143 | €297,497 | €338,472 | ▲ 13.8% |
| Equity10/15 | €110,365 | €140,445 | €141,146 | €113,786 | €157,159 | ▲ 38.1% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €97,965 | €121,845 | €122,546 | €95,186 | €138,559 | ▲ 45.6% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €119,985 | €120,686 | €95,186 | €138,559 | ▲ 45.6% |
| Amounts payable17/49 | €245,564 | €350,114 | €247,997 | €183,710 | €181,313 | ▼ 1.3% |
| Amounts payable after more than one year17 | €149,720 | €134,156 | €103,299 | €88,516 | €51,929 | ▼ 41.3% |
| Financial debts170/4 | - | €134,156 | €103,299 | €88,516 | €51,929 | ▼ 41.3% |
| Amounts payable within one year42/48 | €93,930 | €215,958 | €144,614 | €88,456 | €122,646 | ▲ 38.7% |
| Current portion of amounts payable after more than one year42 | - | €30,266 | €30,857 | €35,568 | €36,587 | ▲ 2.9% |
| Trade debts44 | €64,701 | €69,689 | €33,422 | €22,176 | €46,062 | ▲ 108% |
| Suppliers440/4 | - | €69,689 | €33,422 | €22,176 | €46,062 | ▲ 108% |
| Taxes, remuneration and social security45 | - | €31,004 | €6,335 | €29,504 | €39,997 | ▲ 35.6% |
| Taxes450/3 | - | €30,958 | €1,271 | €82 | €3,708 | ▲ 4,425% |
| Remuneration and social security454/9 | - | €46 | €5,065 | €29,422 | €36,289 | ▲ 23.3% |
| Other amounts payable47/48 | - | €85,000 | €74,000 | €1,207 | - | - |
| Accrued charges and deferred income492/3 | - | - | €84 | €6,738 | €6,738 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€338 | €123,880 | €74,702 | -€27,360 | €43,372 | ▲ 259% |
| + Depreciation and write-downs630 | €80,653 | €73,946 | €44,250 | €54,602 | €51,153 | ▼ 6.3% |
| Operating cash flow (approximation) | €80,315 | €197,826 | €118,951 | €27,243 | €94,525 | ▲ 247% |
| Investment in fixed assets (approximation) | - | -€74,535 | -€61,716 | -€56,608 | -€14,051 | ▲ 75.2% |
| Change in cash | - | €165,393 | -€156,744 | -€84,723 | €63,547 | ▲ 175% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €43,372
Net result €43,372 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €157,159 ▲38.1%
Equity rises from €113,786 to €157,159.
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€27,360
Net result drops to -€27,360, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Back to profitnet €123,880
Net result €123,880 after 2 loss-making years.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 35 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Ieper · 1 establishment unit since 2018
Ground area
345 m²
Building footprint
232 m²
Volume, LiDAR
1,898 m³
2 parcels, Flanders · tallest building 17.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Markt 22
since 20182.282.352.194
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33303E0138/02T000 | Flanders | 218 m² | 1 · 105 m² | 11.4 m · 1 fl. |
| 33011F0241/00D000 | Flanders | 127 m² | 1 · 127 m² | 17.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 12,420 EUR awarded · 12,420 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 11,420 EUR | 11,420 EUR |
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteIeper2.282.352.194
Dual-learning approval
1 live approvalRestaurant en keuken duaal (so)
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Of 20,505 companies in sector 56111 we hold annual accounts for 11,454. 8,989 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
Founded17-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0644592813
Also
9925:BE0644592813
Registered
17-01-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.