FUTURE LINE
ActiveSummary
FUTURE LINE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €47,977 and a net result of €3,391. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 79% of 289 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▼-25
Solvency99▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 3.15 against 2.63 in 2023; short-term debt: 25.7% and cash: 53.5% of total assets), and 25.7% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Manufacture of electrical equipment (NACE 27)
about 104% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
74.3%
Return on assets
5.3%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €47,977
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
44 d early
2022
8 d early
2021
4 d early
2020
30 d late
2019
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€47,977▲ 7.6%
2023 · €44,586
Total assets
€64,555▲ 3.8%
2023 · €62,218
Net result
€3,391▼ 78.4%
2023 · €15,681
Working capital
€35,594▲ 24.0%
2023 · €28,701
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€13,289▲ 12.2%-€16,526-€19,973▼ 20.9%€17,428€3,987▼ 77.1%
Net result€8,344▲ 54.5%-€18,838-€21,456▼ 13.9%€15,681€3,391▼ 78.4%
Equity€56,800▲ 17.2%€37,962▼ 33.2%€16,505▼ 56.5%€44,586▲ 170%€47,977▲ 7.6%
Total assets€92,873▲ 19.6%€79,886▼ 14.0%€47,528▼ 40.5%€62,218▲ 30.9%€64,555▲ 3.8%
Debt€36,073▲ 23.6%€41,924▲ 16.2%€31,023▼ 26.0%€17,632▼ 43.2%€16,579▼ 6.0%
Working capital€54,698▲ 47.6%€35,440▼ 35.2%€14,898▼ 58.0%€28,701▲ 92.6%€35,594▲ 24.0%
Staff (FTE)1=1=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 77% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €64,555
Fixed assets
€12,382 ▼ 22.0%
Current assets
€52,173 ▲ 12.6%
Equity and liabilities €64,555
Equity
€47,977 ▲ 7.6%
Debt
€16,579 ▼ 6.0%
Debt's share of the balance-sheet total falls from 28.3% to 25.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7,415▼
2023 · €18,803
Cash flow
€6,819▼
2023 · €17,056
Current ratio
3.15▲
2023 · 2.63
Debt to equity
0.35▼
2023 · 0.40
ROE
7.1%▼
2023 · 35.2%
ROA
5.3%▼
2023 · 25.2%
Interest coverage
21.29▼
2023 · 46.89
Debt ≤ 1 year
€16,579▼
2023 · €17,632
Income taxes
€339▼
2023 · €1,568
Staff costs
€627▼
2023 · €1,403
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 31,324 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €20,392 | €33,449 | €1,403 | €627 | ▼ 55.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,302 | €1,067 | €915 | €1,375 | €3,428 | ▲ 149% |
| Other operating charges640/8 | - | €1,255 | €1,415 | €493 | €498 | ▲ 1.1% |
| Gross operating margin9900 | €45,081 | €6,189 | €15,805 | €20,699 | €8,540 | ▼ 58.7% |
| Operating profit (loss)9901 | €13,289 | -€16,526 | -€19,973 | €17,428 | €3,987 | ▼ 77.1% |
| Financial income75/76B | - | €134 | €213 | €222 | €91 | ▼ 58.9% |
| Recurring financial income75 | €0 | €134 | €213 | €222 | €91 | ▼ 58.9% |
| Financial charges65/66B | - | €1,407 | €876 | €401 | €348 | ▼ 13.2% |
| Recurring financial charges65 | €2,018 | €1,407 | €876 | €401 | €348 | ▼ 13.2% |
| Profit (loss) for the period before taxes9903 | €11,271 | -€17,799 | -€20,636 | €17,249 | €3,730 | ▼ 78.4% |
| Income taxes67/77 | €2,926 | €1,040 | €821 | €1,568 | €339 | ▼ 78.4% |
| Profit (loss) for the period9904 | €8,344 | -€18,838 | -€21,456 | €15,681 | €3,391 | ▼ 78.4% |
| Profit (loss) for the period to be appropriated9905 | €8,344 | -€18,838 | -€21,456 | €15,681 | €3,391 | ▼ 78.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €92,873 | €79,886 | €47,528 | €62,218 | €64,555 | ▲ 3.8% |
| Fixed assets21/28 | €2,101 | €2,522 | €1,607 | €15,885 | €12,382 | ▼ 22.0% |
| Tangible fixed assets22/27 | €2,027 | €2,448 | €1,533 | €15,810 | €12,382 | ▼ 21.7% |
| Plant, machinery and equipment23 | - | €2,448 | €1,533 | €14,188 | €11,091 | ▼ 21.8% |
| Furniture and vehicles24 | - | - | - | €1,622 | €1,291 | ▼ 20.4% |
| Financial fixed assets28 | €74 | €74 | €74 | €74 | - | - |
| Current assets29/58 | €90,772 | €77,364 | €45,921 | €46,333 | €52,173 | ▲ 12.6% |
| Amounts receivable within one year40/41 | €32,559 | €27,250 | €18,189 | €19,620 | €14,445 | ▼ 26.4% |
| Trade receivables40 | - | €26,547 | €17,420 | €19,620 | €13,234 | ▼ 32.5% |
| Other amounts receivable41 | - | €703 | €769 | - | €1,211 | - |
| Cash at bank and in hand54/58 | €58,213 | €44,558 | €27,604 | €26,433 | €34,523 | ▲ 30.6% |
| Deferred charges and accrued income490/1 | - | €5,556 | €128 | €281 | €3,206 | ▲ 1,042% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €92,873 | €79,886 | €47,528 | €62,218 | €64,555 | ▲ 3.8% |
| Equity10/15 | €56,800 | €37,962 | €16,505 | €44,586 | €47,977 | ▲ 7.6% |
| Contributions10/11 | - | €6,200 | €6,200 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €17,541 | €20,931 | ▲ 19.3% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €17,541 | €20,931 | ▲ 19.3% |
| Profit (loss) carried forward14 | €48,740 | €29,902 | €8,445 | €8,445 | €8,445 | = |
| Amounts payable17/49 | €36,073 | €41,924 | €31,023 | €17,632 | €16,579 | ▼ 6.0% |
| Amounts payable within one year42/48 | €36,073 | €41,924 | €31,023 | €17,632 | €16,579 | ▼ 6.0% |
| Trade debts44 | €9,967 | €15,897 | €2,392 | €5,720 | €4,637 | ▼ 18.9% |
| Suppliers440/4 | - | €15,897 | €2,392 | €5,720 | €4,637 | ▼ 18.9% |
| Taxes, remuneration and social security45 | - | €9,722 | €8,095 | €5,495 | €339 | ▼ 93.8% |
| Taxes450/3 | - | €3,966 | €1,860 | €3,495 | €339 | ▼ 90.3% |
| Remuneration and social security454/9 | - | €5,756 | €6,235 | €2,000 | - | - |
| Other amounts payable47/48 | - | €16,306 | €20,536 | €6,418 | €11,603 | ▲ 80.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,344 | -€18,838 | -€21,456 | €15,681 | €3,391 | ▼ 78.4% |
| + Depreciation and write-downs630 | €9,302 | €1,067 | €915 | €1,375 | €3,428 | ▲ 149% |
| Operating cash flow (approximation) | €17,647 | -€17,771 | -€20,542 | €17,056 | €6,819 | ▼ 60.0% |
| Investment in fixed assets (approximation) | - | -€1,488 | €0 | -€15,653 | €74 | ▲ 100% |
| Change in cash | - | -€13,655 | -€16,953 | -€1,171 | €8,090 | ▲ 791% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €15,681
Net result €15,681 after 2 loss-making years.
23-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€21,456
Net result drops to -€21,456, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Manage · 1 establishment unit since 1999
Ground area
277 m²
Building footprint
46 m²
Volume, LiDAR
459 m³
Parcel 52006B0069/00S006, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Joseph Wauters 77, 7181 Seneffe
since 19992.091.492.818
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52006B0069/00S006 | Wallonia | 277 m² | 1 · 46 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 257 companies in sector 27402 we hold annual accounts for 157. 104 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-06-1999
Fiscal year end31-12
Activities, NACEBEL 2025
27402Manufacture of electrical equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466271971
Also
9925:BE0466271971
Registered
09-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.