Summary
FLPV has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €309.5m and a net result of €4.5m. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 95% of 4630 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
28 d late
2022
20 d early
2021
29 d late
2020
17 d late
2019
42 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 2 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#5 company by equity in Elsene, Professional and technical services sector#6 company by total assets in Elsene, Professional and technical services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4.5m▲ 45.0%
2023 · €3.1m
Working capital
€7.6m▲ 59.2%
2023 · €4.7m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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-€258,089▼ 46.3%-€370,772▼ 43.7%-€444,017▼ 19.8%-€414,607▲ 6.6%-€516,713▼ 24.6%
Net result€792,626above the sector's middle half▼ 7.0%€1.3mabove the sector's middle half▲ 65.4%€2.5mabove the sector's middle half▲ 88.3%€3.1mabove the sector's middle half▲ 25.4%€4.5mabove the sector's middle half▲ 45.0%
Equity€156.1mabove the sector's middle half▲ 0.5%€297.9mabove the sector's middle half▲ 90.8%€300.1mabove the sector's middle half▲ 0.8%€303.0mabove the sector's middle half▲ 0.9%€309.5mabove the sector's middle half▲ 2.2%
Total assets€156.3mabove the sector's middle half▲ 0.6%€298.1mabove the sector's middle half▲ 90.7%€300.4mabove the sector's middle half▲ 0.8%€303.3mabove the sector's middle half▲ 0.9%€310.1mabove the sector's middle half▲ 2.2%
Debt€160,286▲ 116%€166,669▲ 4.0%€298,427▲ 79.1%€275,621▼ 7.6%€528,591▲ 91.8%
Working capital€2.9mabove the sector's middle half▼ 10.6%€3.8mabove the sector's middle half▲ 33.7%€3.6mabove the sector's middle half▼ 5.3%€4.7mabove the sector's middle half▲ 30.6%€7.6mabove the sector's middle half▲ 59.2%
Solvency99.9%above the sector's middle half▼ 0.1pp99.9%above the sector's middle half=99.9%above the sector's middle half=99.9%above the sector's middle half=99.8%above the sector's middle half▼ 0.1pp
Current ratio18.93above the sector's middle half▼ 25.1924.08above the sector's middle half▲ 5.1513.24above the sector's middle half▼ 10.8418.44above the sector's middle half▲ 5.2015.65above the sector's middle half▼ 2.78
Return on assets (ROA)0.5%within the sector's middle half=0.4%within the sector's middle half▼ 0.1pp0.8%within the sector's middle half▲ 0.4pp1.0%within the sector's middle half▲ 0.2pp1.4%within the sector's middle half▲ 0.4pp
Staff (FTE)0.5below the sector's middle half▲ 400%0.5below the sector's middle half=0.5below the sector's middle half=0.5below the sector's middle half=0.2below the sector's middle half▼ 60.0%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €516,713 in 2024 against €414,607 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €310.1m
Fixed assets
€302.0m ▲ 1.3%
Current assets
€8.1m ▲ 60.9%
Equity and liabilities €310.1m
Equity
€309.5m ▲ 2.2%
Debt
€528,591 ▲ 91.8%
Debt's share of the balance-sheet total rises from 0.1% to 0.2%. Equity and debt are higher.
Key figures and ratios
ROE
1.5%▲
2023 · 1.0%
Debt ≤ 1 year
€515,367▲
2023 · €271,986
Debt > 1 year
€4,710
Income taxes
€449,850▲
2023 · €310,485
Staff costs
€12,848▼
2023 · €29,171
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €26,898 | €26,882 | €29,171 | €12,848 | ▼ 56.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,459 | €23,892 | €23,835 | €27,066 | €37,040 | ▲ 36.8% |
| Other operating charges640/8 | - | €8,233 | €5,103 | €7,088 | €5,563 | ▼ 21.5% |
| Gross operating margin9900 | -€215,126 | -€311,749 | -€388,197 | -€351,282 | -€461,263 | ▼ 31.3% |
| Operating profit (loss)9901 | -€258,089 | -€370,772 | -€444,017 | -€414,607 | -€516,713 | ▼ 24.6% |
| Financial income75/76B | - | €1.8m | €3.4m | €3.8m | €6.2m | ▲ 66.2% |
| Recurring financial income75 | €1.1m | €1.8m | €3.4m | €3.8m | €6.2m | ▲ 65.7% |
| Non-recurring financial income76B | - | - | - | - | €18,012 | - |
| Financial charges65/66B | - | €3,536 | €227,555 | -€66,773 | €783,322 | ▲ 1,273% |
| Recurring financial charges65 | €8,649 | €3,536 | €225,426 | -€66,773 | €7,686 | ▲ 112% |
| Non-recurring financial charges66B | - | - | €2,129 | - | €775,636 | - |
| Profit (loss) for the period before taxes9903 | €872,154 | €1.4m | €2.7m | €3.4m | €4.9m | ▲ 45.0% |
| Income taxes67/77 | €79,528 | €131,897 | €247,668 | €310,485 | €449,850 | ▲ 44.9% |
| Profit (loss) for the period9904 | €792,626 | €1.3m | €2.5m | €3.1m | €4.5m | ▲ 45.0% |
| Profit (loss) for the period to be appropriated9905 | €792,626 | €1.3m | €2.5m | €3.1m | €4.5m | ▲ 45.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €156.3m | €298.1m | €300.4m | €303.3m | €310.1m | ▲ 2.2% |
| Fixed assets21/28 | €153.3m | €294.1m | €296.5m | €298.3m | €302.0m | ▲ 1.3% |
| Tangible fixed assets22/27 | €513,265 | €494,581 | €475,568 | €488,254 | €452,421 | ▼ 7.3% |
| Land and buildings22 | - | €454,674 | €442,030 | €429,386 | €416,742 | ▼ 2.9% |
| Furniture and vehicles24 | - | €39,907 | €33,538 | €58,868 | €35,679 | ▼ 39.4% |
| Financial fixed assets28 | €152.7m | €293.6m | €296.0m | €297.8m | €301.5m | ▲ 1.3% |
| Current assets29/58 | €3.0m | €4.0m | €3.9m | €5.0m | €8.1m | ▲ 60.9% |
| Amounts receivable within one year40/41 | €13,518 | €17,749 | €340,367 | €1.5m | €2.4m | ▲ 60.3% |
| Trade receivables40 | - | €1,772 | €5,757 | €12,394 | €9,233 | ▼ 25.5% |
| Other amounts receivable41 | - | €15,977 | €334,610 | €1.5m | €2.4m | ▲ 61.0% |
| Current investments50/53 | €2.0m | €2.5m | €1.8m | €2.1m | €4.1m | ▲ 93.3% |
| Cash at bank and in hand54/58 | €1.0m | €1.5m | €1.8m | €1.4m | €1.6m | ▲ 12.4% |
| Deferred charges and accrued income490/1 | - | €4,034 | €3,752 | €17,081 | €30,430 | ▲ 78.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €156.3m | €298.1m | €300.4m | €303.3m | €310.1m | ▲ 2.2% |
| Equity10/15 | €156.1m | €297.9m | €300.1m | €303.0m | €309.5m | ▲ 2.2% |
| Contributions10/11 | - | €292.1m | €292.1m | €292.1m | €294.6m | ▲ 0.9% |
| Reserves13 | €2.0m | €3.3m | €5.5m | €8.4m | €12.3m | ▲ 47.7% |
| Distributable reserves133 | - | €3.3m | €5.5m | €8.4m | €12.3m | ▲ 47.7% |
| Profit (loss) carried forward14 | €2.6m | €2.6m | €2.6m | €2.6m | €2.6m | = |
| Amounts payable17/49 | €160,286 | €166,669 | €298,427 | €275,621 | €528,591 | ▲ 91.8% |
| Amounts payable after more than one year17 | - | - | - | - | €4,710 | - |
| Other amounts payable178/9 | - | - | - | - | €4,710 | - |
| Amounts payable within one year42/48 | €159,872 | €166,080 | €296,612 | €271,986 | €515,367 | ▲ 89.5% |
| Trade debts44 | €44,626 | €39,049 | €7,594 | €17,902 | €15,367 | ▼ 14.2% |
| Suppliers440/4 | - | €39,049 | €7,594 | €17,902 | €15,367 | ▼ 14.2% |
| Taxes, remuneration and social security45 | - | €126,358 | €61,746 | €4,085 | - | - |
| Taxes450/3 | - | €118,548 | €56,349 | - | - | - |
| Remuneration and social security454/9 | - | €7,811 | €5,397 | €4,085 | - | - |
| Other amounts payable47/48 | - | €672 | €227,273 | €250,000 | €500,000 | ▲ 100% |
| Accrued charges and deferred income492/3 | - | €589 | €1,815 | €3,635 | €8,514 | ▲ 134% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €792,626 | €1.3m | €2.5m | €3.1m | €4.5m | ▲ 45.0% |
| + Depreciation and write-downs630 | €14,459 | €23,892 | €23,835 | €27,066 | €37,040 | ▲ 36.8% |
| Operating cash flow (approximation) | €807,085 | €1.3m | €2.5m | €3.1m | €4.5m | ▲ 44.9% |
| Investment in fixed assets (approximation) | - | -€140.8m | -€2.5m | -€1.8m | -€3.8m | ▼ 114% |
| Change in cash | - | €444,502 | €296,598 | -€379,064 | €173,147 | ▲ 146% |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €4.5m ▲45%
Net result €4.5m, the highest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
31-12
Financial
Equity above €250mEq €297.9m ▲90.8%
4 profitable years in a row build equity to €297.9m.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 17 days late
2020
31-12
Financial
Weakest financial yearnet €792,626 ▼7%
Net result drops to €792,626, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
09-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
26-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Elsene · 2 establishment units since 2014
Ground area
4,664 m²
Building footprint
1,703 m²
Volume, LiDAR
27,640 m³
3 parcels, Brussels, Wallonia · tallest building 31.4 m, ±6 floors. Linked by address, not a title deed.
123
companies at this address
See who is registered here
2 establishment units
Gachardstraat 88, 1050 Elsene
since 20142.231.511.229
FINANCIERE LES PIVES
since 20202.309.055.997
3 parcels
Wallonia
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050C0093/00D003 | Wallonia | 2,024 m² | 1 · 219 m² | - |
| 21807G0149/00W000 | Brussels | 1,666 m² | - | - |
| 21807G0121/00A008 | Brussels | 975 m² | 1 · 1,484 m² | 31.4 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 2
-
50%
-
25%
According to the 2024 annual accounts of FLPV and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
9676005JHOA9JHSLL518
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,629. 422 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
Founded07-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0543873060
Registered
08-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.