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FLORIZOONE

Active
Private limited companyfounded 197749 yrs activeNieuwpoortsesteenweg 661, 8400 Oostende, BelgiumKBO/BCE: BE 0417.424.157

FLORIZOONE has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €272k and a net result of €4k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 55% of 9019 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
77 / 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability8▲+8
Solvency79▼-14
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.91 in 2023), and 51.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
elevated failure risk from 2 to 8 years 49 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-08-2025, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
13 d late
2023
6 d early
2022
4 d late
2021
62 d late
2020
17 d late
2019
55 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2024, abbreviated schema

Equity
€272k▲ 0.3%
2023 · €271k
2018: €193k 2019: €223k 2020: €208k 2021: €257k 2022: €280k 2023: €271k
2018 → 2024
Total assets
€563k▲ 4.2%
2023 · €540k
2018: €527k 2019: €532k 2020: €452k 2021: €477k 2022: €585k 2023: €540k
2018 → 2024
Net result
€4k
2023 · €-5k
2018: €4k 2019: €30k 2020: €-14k 2021: €48k 2022: €23k 2023: €-5k
2018 → 2024
Working capital
€50k▼ 54.1%
2023 · €109k
2018: €61k 2019: €82k 2020: €60k 2021: €110k 2022: €172k 2023: €109k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€208k-€257k▲ 23.1%€280k▲ 8.9%€271k▼ 3.1%€272k▲ 0.3%
Operating result€-9k-€53k€36k▼ 31.2%€18k▼ 49.8%€15k▼ 18.3%
Net result€-14k-€48k€23k▼ 52.4%€-5k€4k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40k€60kOperating result 2020: €-9k€-9kNet result 2020: €-14k€-14kOperating result 2021: €53k€53kNet result 2021: €48k€48kOperating result 2022: €36k€36kNet result 2022: €23k€23kOperating result 2023: €18k€18kNet result 2023: €-5k€-5kOperating result 2024: €15k€15kNet result 2024: €4k€4k20202021202220232024
The operating result has fallen three years in a row; 2024 is 18% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €563k
Fixed assets €376k▲ 21.4%
Current assets €187k▼ 18.8%
Equity and liabilities €563k
Equity €272k▲ 0.3%
Debt €291k▲ 8.2%
The debt ratio rises from 49.9% to 51.8%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€45k
2023 · €45k
Cash flow
€34k
2023 · €22k
Solvency
48.2%
2023 · 50.1%
Current ratio
1.37
2023 · 1.91
Quick ratio
0.66
2023 · 1.07
Debt / equity
1.07
2023 · 0.99
ROE
1.6%
2023 · -1.9%
ROA
0.8%
2023 · -1.0%
Interest coverage
7.65
2023 · 9.12
Debt
€291k
2023 · €269k
Debt ≤ 1 year
€136k
2023 · €121k
Debt > 1 year
€155k
2023 · €149k
Income taxes
€5k
2023 · €19k
Staff costs
€6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€540k€563k
Fixed assets21/28€310k€376k
Intangible fixed assets21€3k€1k
Tangible fixed assets22/27€308k€375k
Land and buildings22€281k€271k
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€27k€104k
Current assets29/58€230k€187k
Stocks and contracts in progress3€101k€96k
Stocks30/36€101k€96k
Amounts receivable within one year40/41€92k€72k
Trade receivables40€92k€72k
Cash at bank and in hand54/58€26k€10k
Deferred charges and accrued income490/1€12k€8k
Equity and liabilities
Total equity and liabilities10/49€540k€563k
Equity10/15€271k€272k
Contributions10/11€18k€16k
Revaluation surpluses12€150k€150k=
Reserves13€87k€90k
Tax-exempt reserves132€62k€62k=
Distributable reserves133€25k€28k
Profit (loss) carried forward14€16k€16k=
Amounts payable17/49€269k€291k
Amounts payable after more than one year17€149k€155k
Financial debts170/4€149k€155k
Amounts payable within one year42/48€121k€136k
Current portion of amounts payable after more than one year42€23k€32k
Trade debts44€76k€89k
Suppliers440/4€76k€89k
Taxes, remuneration and social security45€16k€6k
Taxes450/3€12k€5k
Remuneration and social security454/9€4k€400
Other amounts payable47/48€6k€10k
Income statement Code20232024
Non-recurring operating income76A-€30k
Remuneration, social security and pensions62-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€30k
Other operating charges640/8€4k€4k
Gross operating margin9900€49k€55k
Operating profit (loss)9901€18k€15k
Financial income75/76B€188€79
Recurring financial income75€188€79
Financial charges65/66B€5k€6k
Recurring financial charges65€5k€6k
Profit (loss) for the period before taxes9903€13k€9k
Income taxes67/77€19k€5k
Profit (loss) for the period9904€-5k€4k
Profit (loss) for the period to be appropriated9905€-5k€4k
Appropriation of the result
Profit (loss) to be appropriated9906€17k€20k
Profit (loss) brought forward from the previous period14P€22k€16k
Transfer to equity691/2-€3k
To other reserves6921-€3k
Profit to be distributed694/7€2k€2k
Return on contributions (dividend)694€2k€2k
Social balance
Average headcount (FTE)9087-0.2

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
13-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 13 days late
2024
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
25-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 4 days late
2022
01-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 62 days late
2021
31-12
Financial Back to profitnet €48k
Net result €48k after one loss-making year.
17-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
31-12
Financial Weakest financial yearnet €-14k ▼147%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
24-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 55 days late
2019
31-12
Financial Equity above €200kEq €223k ▲15.6%
2 profitable years in a row build equity to €223k.
28-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
22-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
25-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Oostende · 1 establishment unit since 1977
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Nieuwpoortsesteenweg 6618400 Oostende
Ground area
235 m²
Parcel 35385B0055/02B006, Flanders. Linked by address, not a title deed.
1 establishment unit
Nieuwpoortsesteenweg 661, 8400 Oostende
Repair and maintenance of machinery
since 19772.013.884.801
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35385B0055/02B006 Flanders 235 m² - -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 · 3 entries · 1,195 EUR awarded · 1,195 EUR paid
Year Entries awardedpaid
2025 2 1,093 EUR1,093 EUR
2024 1 102 EUR102 EUR
Schemes
Premie kwalificerend werkplekleren
1 entry · 1,000 EUR · 1,000 EUR paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 195 EUR · 195 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Dual-learning approval

1 live approval
Onthaal, organisatie en sales duaal (so)
Goedgekeurd · 2024 to 2029

Similar companies · same sector, comparable size

Of 2,498 companies in sector 46649 we hold annual accounts for 1,751. 1,324 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded25-08-1977
Fiscal year end31-12
Activities, NACEBEL
46649Wholesale of other machinery and equipment
51872
47789Other retail sale of new goods
51873
52498
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.