Financials
- Fiscal year
- 2025
- Turnover
- €28,626
- Loss
- -€6,370
- Solvency
- 62.5%
Turnover▼ 26.7%
Net result
20182025
THEO FLOR
ActiveSummary
The computed 12-month bankruptcy probability of THEO FLOR is 4.1% (elevated). The annual accounts of THEO FLOR for fiscal year 2025 show a net loss of 86% of total assets and of 58% of the equity at the start of that year. The 2025 annual accounts show equity of €4,620 and a net result of -€6,370. Equity is shrinking by ~16.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 67% of 33,994 sector peers (NACE 43, fiscal year 2025). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Other building finishing work
NACE 43350
1 site
Size
€28,626turnover 2025
- Equity
- €4,620
- Loss
- -€6,370
Structure
- Board
- 1 member
Accounts 22 days early2 of 6 deeds read
Why 47- 3 changes of registered office in 24 months- Loss of €6,370, the second in a row (FY 2025)- Sector Specialised construction activities (NACE 43)+ Size: turnover €28,626, total assets €7,392Show the evidence
Checked score
Score 2025
47
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 31% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency
87-12
equity 62.5% of total assets
Liquidity
49-49
short-term debt 13.2% · cash 0.7%
Profitability
0-1
return on assets -86.2%
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%lowest value
12-2024: 0.4%● unchanged vs 11-2024lowest value
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.9%▲ +0.5 percentage points vs 05-2025
07-2025: 1.0%▲ +0.1 percentage points vs 06-2025
08-2025: 0.6%▼ -0.4 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 2.3%▲ +1.7 percentage points vs 01-2026
03-2026: 2.3%● unchanged vs 02-2026
04-2026: 2.5%▲ +0.2 percentage points vs 03-2026
05-2026: 2.5%● unchanged vs 04-2026
06-2026: 2.4%▼ -0.1 percentage points vs 05-2026
07-2026: 2.5%▲ +0.1 percentage points vs 06-2026
08-2026: 4.1%▲ +1.6 percentage points vs 07-2026highest value
09-2026: 4.1%● unchanged vs 08-2026highest value
10-2026: 4.1%● unchanged vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 6.03 against 5.98 in 2024; short-term debt: 13.2% and cash: 0.7% of total assets), and 37.5% of the assets are financed with debt.
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 43, micro): better than 68% on solvency, 41% on liquidity, 4% on profitability and 13% on growth.
The bankruptcy probability was computed on 07-10-2026 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).
Credit check for your own amount and term
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Signals
Six signals.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€6,370
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 days early
2024
20 days early
2023
26 days early
2022
11 days early
2021
31 days early
2020
61 days late
2019
9 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 9 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Registered office · Statutes amendmentRegistered-office move · Capital ·…
- Annual accounts filedfiscal year 2024 · micro…
Key points
- Risk: 5 loss-making years in a rowloss fiscal year 2025 -€6,370 View
- Caution: Among the weakest 12% on equitysector median €57,612 · 34,006 companies €4,620 View
- Caution: Board changedlatest change 15-01-2026 · 1 in office 1 joined · 1 left View
- Positive: Always filed on timeaccounts within the deadline every year 5 years View
By topic
Board & ownership
- Board
- 1 member
Go to Board & ownership
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 05-07-2024Annual accounts filed
- 31-12-2023Weakest financial year
- 20-07-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other building finishing workNACE 43350
- Founded
- 17-10-2003
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 25
- Who signs
- Each director alone
- Annual meeting
- Last Friday of May at 18:00
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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