FLR CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of FLR CONSTRUCT is 2.4% (moderate). The 2025 annual accounts show equity of €22,791 and a net result of €6,207. Equity has been growing by about 33% per year since 2023. Its solvency ranks better than 37% of 34,946 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-04-2023 Normal situation
- Activity
- Plastering work NACE 43310and 3 others
- Establishment unit
- 2.345.508.401 4000 Liège, since 07-04-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 17-11-2025
Board and ownership
- LEITE RAMOS Fernando HenriqueDirector · since 07-04-2023
- Adriano SANTOS LEITE JESUINODirector · since 18-04-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.4%
- Gross margin
- €17,121
- ▲ 76.6%
- Turnover
- ≈ €170,000
- estimated
- Profit
- €6,207
- ▲ 26.9%
- Equity
- €22,791
- ▲ 37.4%
- Total assets
- €65,449
- ▲ 91.3%
- Staff
- ≈ 0.1 FTE
- estimated
Score breakdownraises riskFounded in 2023Size: total assets €65,449Liquidity: current ratio 1.43, cash €797Sector: Specialised construction activities (NACE 43)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 37% of them on solvency, 10% on liquidity, 61% on profitability and 78% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 2 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 14-07-2026 at the NBB all 3 filings
2023 to 2025, 3 financial years
The operating result for 2025 is 36% higher than in 2024. It is a recovery after the fall in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Staff
| Item | 31-12-2023 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
Source: social balance sheet in the 2023 annual accounts
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €5,395 | €1,876 | €2,700 |
| Depreciation and write-downs of the year | €526 | €1,988 | €2,932 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as FLR CONSTRUCT: plastering work (NACE 43310). They are comparable in size and age: total assets between €60,100 and €80,800, founded between 2022 and 2023.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| FLR CONSTRUCT Liège | 2023 | €65,449 | €22,791 | €17,121 | €6,207 | 2025 |
| MIJO Heusden-Zolder | 2022 | €67,928 | €45,856 | €15,054 | €8,567 | 2025 |
| MARIS LADIGA PLEISTERWERKEN Wevelgem | 2023 | €75,454 | €62,414 | €15,396 | €8,096 | 2025 |
| EDF GESSOS CONSTRUCTIONS Brussel | 2022 | €72,220 | €25,826 | €14,702 | €8,954 | 2025 |
| BOMUUR Wielsbeke | 2022 | €60,143 | €38,618 | €23,064 | €12,937 | 2025 |
| BDP PLAFONNAGE Wezembeek-Oppem | 2023 | €74,660 | €30,307 | €12,141 | -€635 | 2025 |
| Pleisterwerken Bas Hamont-Achel | 2023 | €80,822 | €13,608 | €22,807 | €18,615 | 2025 |
They were chosen from the 1,677 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 39,278 companies had the same profile as FLR CONSTRUCT has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of FLR CONSTRUCT itself is higher: 2.4% within 12 months. It rests on far more data about FLR CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for FLR CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €3,290 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €526 | €1,988 | €2,932 | ▲ 47.5% |
| Other operating charges640/8 | €50 | €431 | €1,034 | ▲ 140% |
| Gross operating margin9900 | €12,762 | €9,693 | €17,121 | ▲ 76.6% |
| Operating profit (loss)9901 | €12,186 | €7,274 | €9,864 | ▲ 35.6% |
| Financial income75/76B | €0 | - | - | - |
| Recurring financial income75 | €0 | - | - | - |
| Financial charges65/66B | €19 | €128 | €188 | ▲ 47.2% |
| Recurring financial charges65 | €19 | €128 | €188 | ▲ 47.2% |
| Profit (loss) for the period before taxes9903 | €12,167 | €7,147 | €9,677 | ▲ 35.4% |
| Income taxes67/77 | €3,475 | €2,255 | €3,469 | ▲ 53.8% |
| Profit (loss) for the period9904 | €8,692 | €4,892 | €6,207 | ▲ 26.9% |
| Profit (loss) for the period to be appropriated9905 | €8,692 | €4,892 | €6,207 | ▲ 26.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €22,996 | €34,209 | €65,449 | ▲ 91.3% |
| Fixed assets21/28 | €4,869 | €4,757 | €4,525 | ▼ 4.9% |
| Tangible fixed assets22/27 | €4,869 | €4,757 | €4,525 | ▼ 4.9% |
| Plant, machinery and equipment23 | €1,864 | €1,687 | €764 | ▼ 54.7% |
| Furniture and vehicles24 | €3,005 | €3,071 | €3,761 | ▲ 22.5% |
| Current assets29/58 | €18,127 | €29,452 | €60,924 | ▲ 107% |
| Amounts receivable within one year40/41 | €5,978 | €27,919 | €59,458 | ▲ 113% |
| Trade receivables40 | €3,923 | €25,333 | €51,639 | ▲ 104% |
| Other amounts receivable41 | €2,056 | €2,586 | €7,820 | ▲ 202% |
| Cash at bank and in hand54/58 | €11,732 | €1,357 | €797 | ▼ 41.3% |
| Deferred charges and accrued income490/1 | €417 | €176 | €669 | ▲ 281% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €22,996 | €34,209 | €65,449 | ▲ 91.3% |
| Equity10/15 | €11,692 | €16,583 | €22,791 | ▲ 37.4% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €8,000 | €8,000 | €8,000 | = |
| Distributable reserves133 | €8,000 | €8,000 | €8,000 | = |
| Profit (loss) carried forward14 | €692 | €5,583 | €11,791 | ▲ 111% |
| Amounts payable17/49 | €11,305 | €17,626 | €42,658 | ▲ 142% |
| Amounts payable within one year42/48 | €11,305 | €17,626 | €42,658 | ▲ 142% |
| Trade debts44 | €4,341 | €7,658 | €23,459 | ▲ 206% |
| Suppliers440/4 | €4,341 | €7,658 | €23,459 | ▲ 206% |
| Taxes, remuneration and social security45 | €4,975 | €7,980 | €16,924 | ▲ 112% |
| Taxes450/3 | €3,475 | €5,980 | €5,724 | ▼ 4.3% |
| Remuneration and social security454/9 | €1,500 | €2,000 | €11,200 | ▲ 460% |
| Other amounts payable47/48 | €1,989 | €1,989 | €2,274 | ▲ 14.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,692 | €4,892 | €6,207 | ▲ 26.9% |
| + Depreciation and write-downs630 | €526 | €1,988 | €2,932 | ▲ 47.5% |
| Operating cash flow (approximation) | €9,218 | €6,880 | €9,140 | ▲ 32.8% |
| Investment in fixed assets (approximation) | - | -€1,876 | -€2,700 | ▼ 43.9% |
| Change in cash | - | -€10,375 | -€561 | ▲ 94.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- Fernando LEITE RAMOS to Adriano SANTOS LEITE JESUINO 25%
- LEITE RAMOS Fernando Henrique 100 shares (100%)
Capital transactions
- 12-04-2023 Incorporation · €3,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| LEITE RAMOS Fernando Henrique |
|
| Adriano SANTOS LEITE JESUINO |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant, moitié acquéreurs proportionnellement aux actions acquises, 12”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 12-04-2023 (in French)
Network & group
FLR CONSTRUCT shares no director with another company.
Companies at the same address
2 other companiesConnections & network
2 current directorsThe network starts from the directors of FLR CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
11-05
Gazette deed
Appointment: Adriano SANTOS LEITE JESUINO (director)Share transfer4 points ▸
- General meeting, 18-04-2023
- Share transfer, Fernando LEITE RAMOS → Adriano SANTOS LEITE JESUINO
- Other provision, “inscription livre de parts et registre UBO, dans le mois qui suit la modification de la structure de l'actionnariat” (deed in French)
- Director appointment, Adriano SANTOS LEITE JESUINO (director)
12-04
Gazette deed
IncorporationStarting capital €3,000 · Appointment: LEITE RAMOS Fernando Henrique (director) · Founder9 points ▸
- Incorporation, 30-03-2023
- Founder, LEITE RAMOS Fernando Henrique (comparant constituant)
- Founding capital, €3,000
- Bank account, “compte spécial, BE21 0689 4829 8703” (deed in French)
- Other provision, “FLR CONSTRUCT” (deed in French)
- Other provision, “compte de capitaux propres statutairement indisponible” (deed in French)
- Registered office clause, “4000-Liège,vieille-voie-de-Tongres,221,boîte 0001” (deed in French)
- Board rule, 1
- Director appointment, LEITE RAMOS Fernando Henrique (director (not named in the articles))
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0800.579.996
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62818E0781/00W000 | Wallonia | 721 m² | 1 · 103 m² | 11.2 m · 3 |