FTLEX
ActiveFTLEX has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k and a net result of €74k. Its solvency ranks better than 33% of 12675 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+65
Solvency62▲+36
Growth78
Track record82
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity short (current ratio 0.75 against 0.05 in 2024; short-term debt: 45% and cash: 32.7% of total assets), and 62.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37.5%
Return on assets
36.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 2 filingsDeviation from the deadline
2025
28 d late
2024
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€76k▲ 3,392%
2024 · €2k
2024: €2k
2024 → 2025
Total assets
€204k▲ 27.8%
2024 · €159k
2024: €159k
2024 → 2025
Net result
€74k
2024 · €-2k
2024: €-2k
2024 → 2025
Working capital
€-22k▲ 84.9%
2024 · €-149k
2024: €-149k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€2k-€76k▲ 3,392%
Operating result€-2k-€103k
Net result€-2k-€74k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €103k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €204k
Fixed assets
€134k▼ 11.1%
Current assets
€69k▲ 738%
Equity and liabilities €204k
Equity
€76k▲ 3,392%
Debt
€127k▼ 19.0%
The debt ratio falls from 98.6% to 62.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€122k▲
2024 · €-387
Cash flow
€94k▲
2024 · €-387
Solvency
37.5%▲
2024 · 1.4%
Current ratio
0.75▲
2024 · 0.05
Quick ratio
0.75▲
2024 · 0.05
Debt / equity
1.67▼
2024 · 71.97
ROE
97.1%▲
2024 · -83.2%
ROA
36.4%▲
2024 · -1.1%
Interest coverage
70.92
Debt
€127k▼
2024 · €157k
Debt ≤ 1 year
€92k▼
2024 · €157k
Debt > 1 year
€35k
Income taxes
€27k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€159k€204k▲
Fixed assets21/28€151k€134k▼
Intangible fixed assets21€149k€130k▼
Tangible fixed assets22/27€2k€4k▲
Furniture and vehicles24€2k€4k▲
Current assets29/58€8k€69k▲
Amounts receivable within one year40/41€6k€1k▼
Trade receivables40€6k€1k▼
Current investments50/53-€1k
Cash at bank and in hand54/58€2k€67k▲
Deferred charges and accrued income490/1-€113
Equity and liabilities
Total equity and liabilities10/49€159k€204k▲
Equity10/15€2k€76k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€-2k€72k▲
Amounts payable17/49€157k€127k▼
Amounts payable after more than one year17-€35k
Financial debts170/4-€35k
Amounts payable within one year42/48€157k€92k▼
Current portion of amounts payable after more than one year42-€10k
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€3k€11k▲
Taxes450/3€503€11k▲
Remuneration and social security454/9€2k-
Other amounts payable47/48€153k€68k▼
Accrued charges and deferred income492/3€88€423▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€20k▲
Other operating charges640/8-€787
Gross operating margin9900€-387€123k▲
Operating profit (loss)9901€-2k€103k▲
Financial income75/76B-€105
Recurring financial income75-€105
Financial charges65/66B-€2k
Recurring financial charges65-€2k
Profit (loss) for the period before taxes9903€-2k€101k▲
Income taxes67/77-€27k
Profit (loss) for the period9904€-2k€74k▲
Profit (loss) for the period to be appropriated9905€-2k€74k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€72k▲
Profit (loss) brought forward from the previous period14P-€-2k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €74k
Net result €74k after one loss-making year.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Mons · 1 establishment unit since 2024
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.
Place de Vannes 37000 MonsGround area
171 m²
Building footprint
59 m²
Volume, LiDAR
534 m³
Parcel 53403E0026/00A005, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FTLEX
since 20242.367.474.743
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53403E0026/00A005 | Wallonia | 171 m² | 1 · 59 m² | 11.1 m · 3 fl. |
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.
Similar companies · same sector, comparable size
Bert Vandebergh
BE 0784.241.337
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IB YANNICO
BE 1003.794.404
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MICHEL MARNEFFE Huissier de Justice
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JK LEX
BE 0761.631.429
Lasne · Eq €76k
MELINA BERGEN
BE 0544.795.451
Merchtem · Eq €77k
Of 1,020 companies in sector 69103 we hold annual accounts for 611. 425 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-2024
Fiscal year end31-12
Activities, NACEBEL
69103Activities of bailiffs
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.