Debts
€376,397 85% of the balance sheet
Financial debts 6%Suppliers 70%Taxes and wages 13%Other 11%
Of this, €354,785 falls due within a year.
Librairie Flagey
Lifetime
15 annual accounts with figures on one time axisGross marginpeak €336,681 (2025)
€336,681▲ 4.0%
Resultlowest -€44,337 (2018)
€13,503▲ 3.9%
Equitypeak €68,677 (2025)
€68,677▲ 24.5%
Debts
€376,397▲ 12.7%
Staffpeak 8 FTE (2021)
5.1 FTE▲ 6.3%
Board1 name since 2022
1 directorFrédéric RONSSE
Owners2 names in the annual accounts
12.5%LALI FACTORY
Documentsfilings and deeds
31-01-2026on the last day
2025financial year
Equity from €55,174 to €68,677Cash from €29,043 to €53,460
Key points
from the 2025 annual accountsStaff
6 employees on 30-06-2025
In 2025, 31 people joined and 32 left.
Position in the sector
€68,677
Less equity than 80% of companies in retail trade. Sector median €448,423 · 5,050 companies.
Checked score
67
Healthy
Financially stronger than 42% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,273 companies (NACE 47, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%lowest value
01-2025: 0.7%▲ +0.3 percentage points vs 12-2024
02-2025: 1.1%▲ +0.4 percentage points vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.1%● unchanged vs 03-2025
05-2025: 1.1%● unchanged vs 04-2025
06-2025: 1.1%● unchanged vs 05-2025
07-2025: 1.1%● unchanged vs 06-2025
08-2025: 1.1%● unchanged vs 07-2025
09-2025: 1.1%● unchanged vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.0%▼ -0.1 percentage points vs 11-2025
01-2026: 1.4%▲ +0.4 percentage points vs 12-2025
02-2026: 2.0%▲ +0.6 percentage points vs 01-2026highest value
03-2026: 0.8%▼ -1.2 percentage points vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 0.8%● unchanged vs 07-2026
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Equity €68,677 (15.4% of total assets)
Size: 5.1 FTE, total assets €445,074
Sector: Retail trade (NACE 47)
lowers risk
Founded in 2010
Calculation
The band follows from the bankruptcy probability. 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 47, micro). It does better than 32% of them on solvency, 20% on liquidity, 42% on profitability and 76% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,508 companies had the same profile as Librairie Flagey has now. Each dot stands for 12 companies, two years later.
96.9%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
That fits the bankruptcy probability of Librairie Flagey itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,508 companies, not a prediction for Librairie Flagey. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.11 (1.1 in 2024), below the usual 1.5. Short-term debt is 79.7% and cash 12% of total assets. 84.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
3 days early
2023
on the day
2022
on the day
2021
on the day
2020
1 day late
2019
46 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end06-11-2026 today31-01-2027 deadline
Board and ownership
- LALI FACTORY 12.5%score 50equity -€6,675 (2025) · 30-06-2025 annual accounts of LALI FACTORY
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0830671871
Resignation: Frédéric RONSSE (administrateur actuel anciennement gérant)
Reappointment: Frédéric RONSSE (director) · Director discharge: Frédéric RONSSE · Gazette deed
First establishment
Eugène Flageyplein 29, Ixelles
Incorporation
published on 09-11-2010 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Librairie Flagey Ixelles | €445,074 | €336,681 | 15.4% | 5.1 |
| WORLDS' END COMICS Ghent | €601,367 | €403,908 | 54.3% | 4.4 |
| KLEIN BESCHRIJF Oud-Heverlee | €298,471 | €243,094 | 32.4% | 4.6 |
| DE POORT Ghent | €529,156 | €296,559 | 34.7% | 2.6 |
| BENEDICTUS Bruges | €393,673 | €530,897 | 73.2% | 8.7 |
| HDLV Ixelles | €507,503 | €594,501 | 45.9% | 9.6 |
| Librinvest Verviers | €253,149 | €214,030 | -30.1% | 4.6 |
These companies have the same main activity as Librairie Flagey: retail trade (NACE 47610). They are comparable in size and age: total assets between €253,000 and €601,000, founded between 2008 and 2014.
Official details
Source: KBO- Status
- Active since 27-10-2010Normal situation
- Activity
- Retail tradeNACE 47610and 2 others
- Establishment unit
- 2.195.926.3821050 Ixelles, since 14-02-2011
- Financial year end
- 30 June
- Peppol
- Reachable since 10-12-2025
Annual accounts to 30-06-2025
- Turnover
- ≈ €2.3mestimated
- Total assets
- €445,074▲ 14.4%
- Employeeson 30-06-2025
- 6▼ 14.3%
- Filing
- Filed on 31-01-2026, on the last day of the filing period
Insights on Librairie Flagey
Librairie Flagey has existed since 2010. In 2019 the gross margin rose from €109,283 to €253,862.
The gross margin has grown every year since 2022.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Librairie Flagey
- What is the company number of Librairie Flagey?
- The company number of Librairie Flagey is 0830.671.871. The VAT number is the same number with BE in front: BE 0830.671.871.
- Where is Librairie Flagey based?
- The registered office is at Eugène Flageyplein 29, 1050 Ixelles.Company details
- What does Librairie Flagey do?
- According to the KBO register, the main activity is retail trade (NACE 47610).
- What is the legal form of Librairie Flagey?
- Librairie Flagey is a private limited company (BV).
- When was Librairie Flagey founded?
- Librairie Flagey was founded on 27-10-2010.
- Is Librairie Flagey still active?
- Yes, Librairie Flagey is an active enterprise in the KBO register.
- How many employees does Librairie Flagey have?
- Librairie Flagey had an average of 5.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Librairie Flagey?
- The turnover in financial year 2025 is ≈ €2.3m. This figure is estimated from the gross margin of €336,681 and 218 comparable companies (NACE 47). It probably lies between €1.3m and €3.6m. In financial year 2021 turnover was €1.5m.
- Is Librairie Flagey profitable?
- In financial year 2025, Librairie Flagey made a profit of €13,503.
- Where can I find the annual accounts of Librairie Flagey?
- Librairie Flagey filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Librairie Flagey due?
- Librairie Flagey must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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