FL-EXPRESS
The computed 12-month bankruptcy probability of FL-EXPRESS is 7.9% (elevated). The 2021 annual accounts show negative equity (€-119k) and a net result of €-99k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 103 sector peers (fiscal year 2021). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-119k |
| Net result | €-99k |
| Staff (FTE) | 3.6 |
| Better than sector | 5% |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -74.9% | 30.3% | |
| Net result | €-99k | €6k | |
| Equity | €-119k | €11k | |
| Gross operating margin | €96k | €24k | |
| Staff costs | €150k | €30k |
| Fiscal year | 2021 |
|---|---|
| Revenue | - |
| EBITDA | €-58k |
| Net profit | €-99k |
| Cash flow | €-68k |
| Staff costs | €150k |
| Income taxes | €345 |
| Dividends | - |
| Total assets | €159k |
| Equity | €-119k |
| Debt | €279k |
| of which ≤ 1y | €180k |
| of which > 1y | €98k |
| Working capital | €-90k |
| Employees (FTE) | 3.6 |
| 2021 | |
|---|---|
| Current ratio | 0.50 |
| Quick ratio | 0.50 |
| Working capital ratio | -56.5% |
| Solvency | -74.9% |
| Debt / equity | -2.34 |
| Long-term debt ratio | -0.82 |
| Interest coverage | -6.07 |
| Gross margin | - |
| Net margin | - |
| ROA | -62.2% |
| ROE | 83.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €159k |
| Fixed assets | 21/28 | €69k |
| Tangible fixed assets | 22/27 | €68k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €90k |
| Amounts receivable within one year | 40/41 | €67k |
| Cash & bank | 54/58 | €16k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €159k |
| Equity | 10/15 | €-119k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €49k |
| Accumulated profits (losses) | 14 | €-187k |
| Amounts payable | 17/49 | €279k |
| Amounts payable after one year | 17 | €98k |
| Amounts payable within one year | 42/48 | €180k |
| Trade debts payable within one year | 44 | €77k |
| Income statement | ||
| Gross operating margin | 9900 | €96k |
| Operating result | 9901 | €-89k |
| Financial income | 75 | €160 |
| Financial charges | 65 | €10k |
| Result before taxes | 9903 | €-99k |
| Income taxes | 67/77 | €345 |
| Net result for the period | 9904 | €-99k |
| Result to be appropriated | 9905 | €-99k |
| NACE primary | 53100 |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 24-06-2003 |
| Status | Active |
| Postal code | 2960 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11043D0665/00G000 | Flanders | 9,798 m² | 1 · 6,738 m² | 9.5 m · 3 fl. |
| 11333D0783/00M002 | Flanders | 6,368 m² | 1 · 2,054 m² | 0.6 m |
| 11009M0066/00B011 | Flanders | 1,282 m² | 1 · 189 m² | 10.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
26-06-2023 Registered office moved to Brecht
- Ringlaan 17 a 2960 Brecht
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Ringlaan 17 a\n2960 Brecht",
"city": "Brecht",
"region": "vlaams_gewest",
"street": "Ringlaan",
"country": "BE",
"postcode": "2960",
"box_number": "a",
"street_number": "17",
"locality_suffix": null
},
"old_address": null,
"effective_date": "2023-05-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-06-26",
"filing_date": "2023-06-14",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-04-28",
"unanimous": null
},
"subject_company": {
"kbo": "0861.955.757",
"name_full": "FL-Express",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Kelly Roovers",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}23-03-2022 1 director appointed, 1 resigning
- Roovers Kelly, Bestuurder
- Goossens Bjorn, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Goossens Bjorn",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2021-12-31",
"evidence_quote": "De bijzondere algemene vergadering van 08/12/2021 aanvaardt met \u00E9\u00E9nparigheid van stemmen het ontslag van Goossens Bjorn als bestuurder.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Roovers Kelly",
"address": "Schotensteenweg 123, 2960 Brecht",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2021-01-01",
"evidence_quote": "Tevens benoemt de bijzondere algemene vergadering als bestuurder: Mevr. Roovers Kelly, wonende te Schotensteenweg 123, 2960 Brecht.",
"decharge_status": null,
"mandate_duration": {
"kind": "until_agm_year",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2022-03-23",
"filing_date": "2022-03-09",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2021-12-08",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0861.955.757",
"name_full": "FI Express",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Roovers Kelly",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | FL-EXPRESS |