FTLEX
ActiveSummary
FTLEX has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,249 and a net result of €74,065. Its solvency ranks better than 33% of 15,743 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €76,249
- Profit
- €74,065
Why 96lowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 0.75, cash €66,613Figures for financial year 2025 (filed 01-09-2026)Size: total assets €203,562Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 69, micro): better than 36% on solvency, 57% on liquidity, 82% on profitability and 99% on growth.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 6 days after the deadline; the sector median (NACE 69) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €74,065
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00480035.
2024 to 2025, 2 financial years
The operating result returns to profit in 2025: €102,632 after a loss of €1,816 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,429 | €19,630 | ▲ 14× |
| Other operating charges640/8 | - | €787 | - |
| Gross operating margin9900 | -€387 | €123,048 | - |
| Operating profit (loss)9901 | -€1,816 | €102,632 | - |
| Financial income75/76B | - | €105 | - |
| Recurring financial income75 | - | €105 | - |
| Financial charges65/66B | - | €1,724 | - |
| Recurring financial charges65 | - | €1,724 | - |
| Profit (loss) for the period before taxes9903 | -€1,816 | €101,013 | - |
| Income taxes67/77 | - | €26,948 | - |
| Profit (loss) for the period9904 | -€1,816 | €74,065 | - |
| Profit (loss) for the period to be appropriated9905 | -€1,816 | €74,065 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €159,328 | €203,562 | ▲ 27.8% |
| Fixed assets21/28 | €151,071 | €134,366 | ▼ 11.1% |
| Intangible fixed assets21 | €148,617 | €129,867 | ▼ 12.6% |
| Tangible fixed assets22/27 | €2,454 | €4,499 | ▲ 83.3% |
| Furniture and vehicles24 | €2,454 | €4,499 | ▲ 83.3% |
| Current assets29/58 | €8,258 | €69,197 | ▲ 738% |
| Amounts receivable within one year40/41 | €5,990 | €1,000 | ▼ 83.3% |
| Trade receivables40 | €5,990 | €1,000 | ▼ 83.3% |
| Current investments50/53 | - | €1,471 | - |
| Cash at bank and in hand54/58 | €2,268 | €66,613 | ▲ 29× |
| Deferred charges and accrued income490/1 | - | €113 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €159,328 | €203,562 | ▲ 27.8% |
| Equity10/15 | €2,184 | €76,249 | ▲ 35× |
| Contributions10/11 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | -€1,816 | €72,249 | - |
| Amounts payable17/49 | €157,145 | €127,314 | ▼ 19.0% |
| Amounts payable after more than one year17 | - | €35,205 | - |
| Financial debts170/4 | - | €35,205 | - |
| Amounts payable within one year42/48 | €157,057 | €91,686 | ▼ 41.6% |
| Current portion of amounts payable after more than one year42 | - | €10,390 | - |
| Trade debts44 | €1,722 | €1,916 | ▲ 11.3% |
| Suppliers440/4 | €1,722 | €1,916 | ▲ 11.3% |
| Taxes, remuneration and social security45 | €2,813 | €10,997 | ▲ 291% |
| Taxes450/3 | €503 | €10,997 | ▲ 22× |
| Remuneration and social security454/9 | €2,310 | - | - |
| Other amounts payable47/48 | €152,522 | €68,383 | ▼ 55.2% |
| Accrued charges and deferred income492/3 | €88 | €423 | ▲ 380% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€1,816 | €74,065 | - |
| + Depreciation and write-downs630 | €1,429 | €19,630 | ▲ 14× |
| Operating cash flow (approximation) | -€387 | €93,695 | - |
| Investment in fixed assets (approximation) | - | -€2,924 | - |
| Change in cash | - | €64,344 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 28-08-2026 | 2026-00480035 |
| 31-12-2024 | micro format | 15-07-2025 | 2025-00269708 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| TSIOUPLIS Fanny |
|
Owners and capital
Capital and shareholders
- TSIOUPLIS Fanny 400 shares (100%) · €4,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 09-12-2024 Incorporation · €4,000 · 400 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
09-12
Gazette deed
IncorporationAppointment: TSIOUPLIS Fanny (director) · Founding capital · Shareholding8 facts ▸
- Incorporation, 05-12-2024
- Founding capital, €4,000
- Shareholding, 05-12-2024, 400
- Registered office clause, “7000 Mons, Place de Vannes 3” (deed in French)
- Board rule, 1
- Director appointment, TSIOUPLIS Fanny (director (not named in the articles))
- Declaration, “no ban declaration, n'avoir fait l'objet d'aucune décision de justice ou procédure dans le cadre de laquelle une interdiction de gérer civile ou pénale a pu êtr…” (deed in French)
- Pre-incorporation commitments, “takeover, Tous les engagements ainsi que les obligations qui en résultent, et toutes les activités entreprises” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 53403E0026/00A005 | Wallonia | 171 m² | 1 · 59 m² | 11.1 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’accomplissement des activités professionnelles, matérielles, sociales, financières et fiscales, résultant de l’exercice du ministère…” (deed in French)
16 activities (deed in French)
- L’accomplissement des activités professionnelles, matérielles, sociales, financières et fiscales, résultant de l’exercice du ministère d’huissier de justice, tant en qualité d'huissier de justice suppléant, qu'en qualité d'huissier de justice titulaire de sa propre étude, ce, soit seule, soit en association, avec un ou plusieurs huissiers de justice titulaires et/ou un ou plusieurs candidats huissier de justice, soit en participant en tant qu'associé gérant à une société professionnelle d'huissier(s) de justice ayant la personnalité juridique, dans le respect des dispositions légales, réglementaires et déontologiques régissant cette profession, ainsi que l’exercice de toutes les activités compatibles avec ce ministère
- L’exercice de mandats en qualité de directeur, gérant, administrateur, ou membre de comité de direction dans toutes sociétés, entreprises, associations ou études d’huissier de Justice
- Les prestations de services, de management, de direction, de supervision, de formation, de conseil, de consultance, d’expertise technique, d’organisation et de gestion journalière d’entreprises de services au sens large
- La participation à la création et au développement d’entreprises de services, de conseils, financières ou immobilières et l’octroi à celles-ci de tous concours, conseils, études, carnets d’adresses financements et garanties
- La consultance, le coaching personnel, la formation professionnelle et l'assistance à la formation scolaire
- Toutes opérations n’altérant pas son caractère civil et sa vocation première
- Agir notamment comme médiateur de dettes, séquestre, administrateur provisoire, liquidateur, gérant ou administrateur
- Participer au marché immobilier par tout contrat, promesse ou engagement unilatéral, tel l’achat, l’échange, le lotissement, la promotion, la vente, la location, la prise en location et en sous-location, la cession en location et en sous-location, le tout avec ou sans option d’achat, la construction, la rénovation et la transformation, l’exploitation et l’entretien de maisons, appartements, bureaux, terrains et de manière générale, des biens immobiliers de toute nature, pour peu que ces activités demeurent compatibles avec le caractère civil de l’objet social
- Accorder, obtenir, conclure et transiger à propos de droits réels démembrés ou sûretés (superficie, renonciation à accession, emphytéose, usufruit, nue-propriété, usage, leasing immobilier, hypothèque, privilège) et conclure toutes opérations de financement
- Tous actes et opérations financières, commerciales, industrielles, mobilières ou immobilières se rattachant directement ou indirectement en tout ou en partie à son objet social ou pouvant en amener le développement ou en faciliter la réalisation, notamment sans que la désignation soit limitative : prêter, emprunter, hypothéquer, acquérir ou céder tous brevets, patentes, licences, marques, s’intéresser par voie d’apport, de cession, de souscription, de participation, de fusion, d’achat d’actions ou autres valeurs, ou par toutes autres voies dans toutes sociétés, entreprises ou associations existantes ou à créer, dont l’objet est identique, analogue, similaire ou connexe tout ou partie de celui de la présente société, exercer la gérance d’autres sociétés
- Consentir tous prêts ou garantir tous prêts consentis par des tiers à toute personne liée par la présente société ou à des sociétés affiliées
- La constitution, la gestion et la valorisation d’un patrimoine immobilier, en pleine propriété ou en droits réels, notamment par l’achat, la vente, la location, l’entretien, la mise en location, la construction, le tout au sens le plus large
- Opter pour le régime de marchand de biens et/ou de constructeur professionnel
- Mettre ce patrimoine immobilier en location, en sous-location ou y loger ses dirigeants et les membres de leur famille
- S’intéresser par voie d’apport, de souscription, de cession, de participation, de fusion, d’intervention financière ou autrement dans toutes sociétés, entreprises ou associations, tant en Belgique qu’à l’étranger
- Exercer la ou les fonctions d’administrateur, de gérant ou de liquidateur
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FTLEX
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Daily managementWho may handle the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, personnes physiques ou morales” (deed in French)“Actes réservés à l'assemblée générale par la loi et les statuts, totalité des pouvoirs, faculté de déléguer” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Libre de céder tout ou partie de ses actions librement” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Libérées à leur émission, En cas d'actionnaire unique-administrateur, ce dernier détermine librement, au fur et à mesure des besoins de la…” (deed in French)“Pour les actions grevées d'un usufruit, le droit de souscription préférentiel revient au nu-propriétaire, à moins que le nu propriétaire et…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 18:00
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- “E-mails, ordre du jour” (deed in French)
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Toute personne peut renoncer à la convocation, présente ou représentée à l'assemblée” (deed in French)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- One provision in the deed
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps, décision de l'assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre liquidateur n'aurait été désigné, l'assemblée générale de désigner un ou plusieurs liquidateurs et de déterminer leurs…” (deed in French)