Is there any tools that can generating FBA model from genome sequences or proteome sequences?
To generate flux balance, one should now the stoichiometric numbers of all the reactions that are taking place, as well as the conditions (that could affect the reactions). I am not sure we have enough knowledge, time and computationally power to do this.

At the moment I'm only aware of a paper simulating the Mycoplasma genitalium cell. But I'm not sure it was worth the effort as I haven't seen replicated or redone with other species, perhaps the model was not accurate enough to be worth it. 

The tools used are here. The licenses are not a standard, but at least they seem free.