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FLORIO IMMO

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Private limited companyfounded 2022Rue de l'Alliance(B) 5, 7300 Boussu, BelgiumKBO/BCE: BE 0791.198.613

A bankruptcy procedure is open for FLORIO IMMO according to publications in the Belgian Official Gazette; trustee: Catherine Hupez.

Summary

The 2023 annual accounts show equity of €6,935 and a net result of €1,935.

FLORIO IMMOOpen bankruptcy

Financials · financial year 2023, micro format

2023 annual accounts filed late (175 days) Filed on 22 January 2025, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2025-00011020.

Turnover
≈ €120,000
Estimated: probably between €51,000 and €270,000
Total assets
€42,194
Net result
€1,935
Working capital
€13,914

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

Balance-sheet composition
Assets €42,194
Fixed assets €8,576
Current assets €33,618
Equity and liabilities €42,194
Equity €6,935
Debt €35,259
Debt finances 83.6% of the balance-sheet total.
Key figures and ratios
2023 value
EBITDA
€5,881
Cash flow
€3,448
Current ratio
1.71
Quick ratio
0.21
Debt to equity
5.08
ROE
27.9%
ROA
4.6%
Interest coverage
2.76
Debt ≤ 1 year
€19,704
Debt > 1 year
€15,556
Income taxes
€300
Staff costs
€158
Annual accounts
Filed annual accounts As filed with the NBB · 2023 · 37 lines
Balance sheet Code2023
Assets
Total assets20/58€42,194
Fixed assets21/28€8,576
Tangible fixed assets22/27€8,576
Furniture and vehicles24€8,576
Current assets29/58€33,618
Stocks and contracts in progress3€29,500
Stocks30/36€29,500
Amounts receivable within one year40/41€282
Other amounts receivable41€282
Cash at bank and in hand54/58€3,836
Equity and liabilities
Total equity and liabilities10/49€42,194
Equity10/15€6,935
Contributions10/11€5,000
Capital10€5,000
Issued capital100€5,000
Profit (loss) carried forward14€1,935
Amounts payable17/49€35,259
Amounts payable after more than one year17€15,556
Financial debts170/4€15,556
Amounts payable within one year42/48€19,704
Current portion of amounts payable after more than one year42€9,737
Trade debts44€8,499
Suppliers440/4€8,499
Taxes, remuneration and social security45€1,468
Taxes450/3€1,468
Income statement Code2023
Remuneration, social security and pensions62€158
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,513
Other operating charges640/8€483
Gross operating margin9900€6,522
Operating profit (loss)9901€4,368
Financial charges65/66B€2,133
Recurring financial charges65€2,133
Profit (loss) for the period before taxes9903€2,234
Income taxes67/77€300
Profit (loss) for the period9904€1,935
Profit (loss) for the period to be appropriated9905€1,935
Appropriation of the result
Profit (loss) to be appropriated9906€1,935

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023
Remuneration, social security and pensions62€158
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,513
Other operating charges640/8€483
Gross operating margin9900€6,522
Operating profit (loss)9901€4,368
Financial charges65/66B€2,133
Recurring financial charges65€2,133
Profit (loss) for the period before taxes9903€2,234
Income taxes67/77€300
Profit (loss) for the period9904€1,935
Profit (loss) for the period to be appropriated9905€1,935
Line2023
Assets
Total assets20/58€42,194
Fixed assets21/28€8,576
Tangible fixed assets22/27€8,576
Furniture and vehicles24€8,576
Current assets29/58€33,618
Stocks and contracts in progress3€29,500
Stocks30/36€29,500
Amounts receivable within one year40/41€282
Other amounts receivable41€282
Cash at bank and in hand54/58€3,836
Equity and liabilities
Total equity and liabilities10/49€42,194
Equity10/15€6,935
Contributions10/11€5,000
Capital10€5,000
Issued capital100€5,000
Profit (loss) carried forward14€1,935
Amounts payable17/49€35,259
Amounts payable after more than one year17€15,556
Financial debts170/4€15,556
Amounts payable within one year42/48€19,704
Current portion of amounts payable after more than one year42€9,737
Trade debts44€8,499
Suppliers440/4€8,499
Taxes, remuneration and social security45€1,468
Taxes450/3€1,468
Line2023
Profit (loss) for the period9904€1,935
+ Depreciation and write-downs630€1,513
Operating cash flow (approximation)€3,448

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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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2023 micro format 22-01-2025 2025-00011020

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