Equity
-€2,165
Debts exceed assets in financial year 2025.
FLRENO
Lifetime
2 annual accounts with figures on one time axispeak €16,257 (2024)
-€14,989▼ €31,247
lowest -€15,105 (2025)
-€15,105▼ €28,046
peak €12,941 (2024)
-€2,165▼ €15,105
€12,010▼ 5.8%
Board2 names since 2024
1 directorLINO Filippo
Documentsfilings and deeds
21-09-202652 days late
2025micro format
Gross margin from €16,257 to -€14,989Loss of €15,105Equity from €12,941 to -€2,165Cash from €317 to €1
Key points
from the 2025 annual accountsDebts
€12,010 122% of the balance sheet
Suppliers 73%Taxes and wages 27%
Liquidity
0.82 was 2.25 in 2024
Short-term debts rose from €11,393 to €12,010.
At the same address
683 companies
Board
1 joined · 1 left
Board changed. Latest change 23-03-2026 · 1 in office.
Position in the sector
-22.0%
Lower solvency than 91% of companies in construction of buildings. Sector median 42.9% · 9,456 companies.
2025 accounts filed 52 days after the deadlineTurnover not published (micro format)
Checked score
26
Weak
Financially stronger than 4% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
13.4% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2025: 3.6%lowest value
10-2025: 3.6%● unchanged vs 09-2025
11-2025: 3.6%● unchanged vs 10-2025
12-2025: 4.0%▲ +0.4 percentage points vs 11-2025
01-2026: 4.0%● unchanged vs 12-2025
02-2026: 4.1%▲ +0.1 percentage points vs 01-2026
03-2026: 4.4%▲ +0.3 percentage points vs 02-2026
04-2026: 4.4%● unchanged vs 03-2026
05-2026: 4.4%● unchanged vs 04-2026
06-2026: 4.4%● unchanged vs 05-2026
07-2026: 8.2%▲ +3.8 percentage points vs 06-2026
08-2026: 8.7%▲ +0.5 percentage points vs 07-2026
09-2026: 9.0%▲ +0.3 percentage points vs 08-2026
10-2026: 13.4%▲ +4.4 percentage points vs 09-2026highest value
11-2026: 13.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Ex-officio strike-off in the KBO
Last filed accounts filed 52 days late; 2 of the last 3 accounts late
lowers risk
Size: total assets €9,845
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 41, micro). It does better than 7% of them on solvency, 1% on liquidity, 5% on profitability and 4% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as FLRENO has now. Each dot stands for 20 companies, two years later.
84.8%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FLRENO itself is higher: 13.4% within 12 months. It rests on far more data about FLRENO than the profile alone.
Test of the method
The method was tested on the 497,447 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 7,639 companies, not a prediction for FLRENO. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.82 (2.25 in 2024), below 1. Short-term debt is 122% and cash 0% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Eight signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€2,165
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 52 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
52 days late
2024
46 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 49 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Address struck
effective 13-06-2026 · KBO administration
Resignation: Lino Filippo (director)
Appointment: Idriz Moriqi (director) · General meeting of 23-03-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1012498866
Incorporation
Founding capital of €3,000, 100 shares · Founder: LINO Filippo · Appointment: LINO Filippo (director) · published on 19-08-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FLRENO | €9,845 | -€14,989 | -22.0% | - |
| RVP Construct Aalst | €9,938 | -€7,001 | -59.5% | - |
| Joppe Construct Dessel | €10,543 | -€325 | 2.8% | - |
| CONTINENTIS MODULAR Overijse | €10,607 | -€4,433 | -43.5% | - |
| VBA CONSTRUCT Sint-Pieters-Leeuw | €10,822 | -€15,347 | -215.8% | - |
| TraditHouse Drogenbos | €10,770 | -€4,288 | -44.5% | - |
| SP RENOVE Sint-Genesius-Rode | €9,241 | €82 | -2.2% | - |
These companies have the same main activity as FLRENO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €9,240 and €10,800, founded in 2024.
Official details
Source: KBO- Status
- Active since 14-08-2024Normal situation
- Legal form
- Private limited company
- Activity
- General construction of residential buildingsNACE 41001and 4 others
- Establishment unit
- 2.362.501.3164101 Seraing, since 14-08-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 01-08-2025
Insights on FLRENO
The computed 12-month bankruptcy probability of FLRENO is 13.4% (high). The 2025 annual accounts show negative equity (-€2,165) and a net result of -€15,105.
Its solvency ranks better than 8% of 9,456 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FLRENO
- What is the company number of FLRENO?
- The company number of FLRENO is 1012.498.866. The VAT number is the same number with BE in front: BE 1012.498.866.
- What does FLRENO do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of FLRENO?
- FLRENO is a private limited company (BV).
- When was FLRENO founded?
- FLRENO was founded on 14-08-2024.
- Is FLRENO still active?
- Yes, FLRENO is an active enterprise in the KBO register.Company details
- What is the turnover of FLRENO?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is FLRENO profitable?
- In financial year 2025, FLRENO made a loss of €15,105.
- Where can I find the annual accounts of FLRENO?
- FLRENO filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FLRENO due?
- FLRENO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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