FLRX
A bankruptcy procedure is open for FLRX according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-5.79M) and a net result of €-2.83M.
| Equity | €-5.79M |
| Net result | €-2.83M |
| Staff (FTE) | 40.2 |
| Active | 6 yrs |
Fragile profile — watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Fiscal year | 2022 |
|---|---|
| Revenue | — |
| EBITDA | €-1.83M |
| Net profit | €-2.83M |
| Cash flow | €-2.09M |
| Staff costs | €3.06M |
| Income taxes | €3k |
| Dividends | — |
| Total assets | €10.83M |
| Equity | €-5.79M |
| Debt | €16.61M |
| of which ≤ 1y | €7.74M |
| of which > 1y | €8.87M |
| Working capital | €-1.74M |
| Employees (FTE) | 40.2 |
| 2022 | |
|---|---|
| Current ratio | 0.78 |
| Quick ratio | 0.15 |
| Working capital ratio | -16.1% |
| Solvency | -53.4% |
| Debt / equity | -2.87 |
| Long-term debt ratio | -1.53 |
| Interest coverage | -6.52 |
| Gross margin | — |
| Net margin | — |
| ROA | -26.1% |
| ROE | 48.9% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €10.83M |
| Fixed assets | 21/28 | €4.82M |
| Intangible fixed assets | 21 | €239k |
| Tangible fixed assets | 22/27 | €4.59M |
| Current assets | 29/58 | €6.00M |
| Stocks & contracts in progress | 3 | €4.82M |
| Amounts receivable within one year | 40/41 | €948k |
| Cash & bank | 54/58 | €215k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €10.83M |
| Equity | 10/15 | €-5.79M |
| Contributions / capital | 10/11 | €100k |
| Accumulated profits (losses) | 14 | €-5.89M |
| Amounts payable | 17/49 | €16.61M |
| Amounts payable after one year | 17 | €8.87M |
| Amounts payable within one year | 42/48 | €7.74M |
| Trade debts payable within one year | 44 | €2.69M |
| Income statement | ||
| Gross operating margin | 9900 | €1.31M |
| Operating result | 9901 | €-2.56M |
| Financial income | 75 | €17k |
| Financial charges | 65 | €280k |
| Result before taxes | 9903 | €-2.82M |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €-2.83M |
| Result to be appropriated | 9905 | €-2.83M |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | MIEKE VERPLANCKE ZUIDSTATIONSTRAAT 34-36,
9000 GENT |
09-01-2024 → present | Belgian State Gazette |
| NACE primary | 20300 |
| Legal form | Private limited company(610) |
| Incorporation | 14-08-2019 |
| Status | Active |
| Postal code | 9000 |
| First BS signal | 16-01-2024 |
| Latest BS signal | 16-01-2024 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44813R1528/00G002 | Flanders | 2.3 ha | 1 · 1.3 ha | 3.6 m |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
31-01-2024 Publication in the Belgian Official Gazette — Miscellaneous
Technical details
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"stage": null,
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"office_city": "GENT",
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},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-31",
"filing_date": "2024-01-22",
"act_kind_objet": "Machtiging uitvoeren overdracht onder gerechtelijk gezag"
},
"decision": {
"body": "rechterlijke_uitspraak",
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"summary_narrative": "De Ondernemingsrechtbank Gent heeft een verzoek om toestemming voor een overdracht onder gerechtelijk gezag geaccepteerd. De gerechtsmandataris is gemachtigd om de opdracht uit te voeren en de schuldeisers uit te nodigen voor aangifte in het register.",
"co_filed_documents": [],
"detected_real_type": "court_filing_notice",
"referenced_correction": null,
"should_reroute_to_category": null
}28-12-2023 Publication in the Belgian Official Gazette — Minor change
Technical details
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"notary": {
"name": "Orinn Vijncke",
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"office_city": "Wevelgem",
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},
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"filing_date": "2023-12-24",
"act_kind_objet": "BENAMING"
},
"decision": {
"body": "algemene_vergadering",
"date": "2023-12-20",
"unanimous": null
},
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"detected_kind": "other",
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"subject_company": {
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"name_full": "LIBERT PAINTS",
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},
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"geco\u00F6rdineerde statuten"
],
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"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}23-08-2023 Judicial reorganisation procedure
- Ontbinding: 2023-08-10
Technical details
{
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},
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},
"end_event": {
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"art_wvv": [
"XX.49"
],
"is_death": true,
"sub_type": "judicial_reorganization",
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"dissolution_effective_date": "2023-08-10",
"liquidator_dropped_by_guard": "M\u00EDeke Verplancke",
"closure_effective_date_is_approximate": false,
"dissolution_effective_date_is_approximate": false
},
"liquidator": null,
"silent_merger": null,
"court_division": {
"name": "Ondernemingsrechtbank Gent, afdeling Gent",
"language": "nl",
"tribunal_type": "entreprise"
},
"books_custodian": null,
"subject_company": {
"kbo": "0732.590.421",
"name_full": "L\u00EDbert Paints",
"legal_form": "BV"
},
"closure_mandatary": null,
"prior_opening_ref": null,
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"co_filed_documents": [],
"real_estate_transferred": [],
"shareholder_loan_settled": null,
"financials_at_dissolution": null,
"distribution_to_shareholders": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | FLRX |