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FLACARS

Active Private limited companyfounded 2018active for 8 yearsPierre Van den Eedenstraat 58, 2660 AntwerpKBO/BCE: BE 0699.488.378

Lifetime

7 annual accounts with figures on one time axis
peak €31,780 (2022)
-€27,964▼ €54,902
lowest -€30,806 (2025)
-€30,806▼ €44,026
peak €52,793 (2024)
€21,987▼ 58.4%
€194,775▲ 17.5%
peak 1 FTE (2019)
-not published
Board5 names since 2018
2 directors and 1 other
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €26,938 to -€27,964Loss of €30,806Equity from €52,793 to €21,987Debts from €165,766 to €194,775Cash from €21,167 to €14,206

Key points

from the 2025 annual accounts

Equity

€21,987 from €52,793 in 2024

Equity fell by 58% in 1 year.

Debts

€194,775 90% of the balance sheet

Position in the sector

-€30,806

Lower net result than 92% of companies in retail trade. Sector median €4,767 · 25,234 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,134 companies had the same profile as FLACARS has now. Each dot stands for 3 companies, two years later.

86.3%
were still trading
6.6%
stopped another way
6.4%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more

Another 0.6% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 1,134 companies, not a prediction for FLACARS. 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

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Signals

Board and ownership

Director, since 01-11-2021
Director, since 01-11-2021
  • 100 sharesdeed of 04-07-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0699488378
Registered office moved within Hoboken New registered office: Pierre van den Eedenstraat 58 2660 Hoboken (Antwerpen) · Previous registered office: Polostraat 85, 2660 Hoboken (Antwerpen) · Gazette deed
Company renamed from LCM to FLACARS Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 11-02-2022 · Gazette deed
2 directors appointed, 1 resignation Resignation: · Appointments: and · Director discharge: · General meeting of 01-11-2021 · Gazette deed
All 19 events

Comparable companies

same main activity, similar in size and age
Company
FLACARS Antwerp €216,762 -€27,964 10.1% -
FNM CARS Heusden-Zolder €240,997 -€68,082 11.7% -
Auto's Poelmans Lummen €238,682 -€127 -168.6% -
VERHAEGHE ELECTRIC Overijse €257,353 €637 2.6% -
BDESCO Anderlecht €168,853 €831 19.1% -
A&F HOLDING Leopoldsburg €219,194 -€110,606 -71.5% -
A&D CARS Mont-Saint-Guibert €167,943 -€46,125 -63.5% -

These companies have the same main activity as FLACARS: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €168,000 and €257,000, founded between 2017 and 2019.

Official details

Source: KBO
Status
Active since 02-07-2018Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 2 others
Establishment unit
2.277.323.5372660 Antwerp, since 02-07-2018
Financial year end
31 December
Peppol
Reachable since 02-06-2025
Company details

Annual accounts 2025

€216,762▼ 0.8%
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Insights on FLACARS

FLACARS files the micro format. That format states no turnover. The gross margin fell from €9,492 in 2019 to -€27,964 in 2025.

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 FLACARS

What is the company number of FLACARS?
The company number of FLACARS is 0699.488.378. The VAT number is the same number with BE in front: BE 0699.488.378.
Where is FLACARS based?
The registered office is at Pierre Van den Eedenstraat 58, 2660 Antwerp.Company details
What does FLACARS do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of FLACARS?
FLACARS is a private limited company (BV).
When was FLACARS founded?
FLACARS was founded on 02-07-2018.
Is FLACARS still active?
Yes, FLACARS is an active enterprise in the KBO register.
How many employees does FLACARS have?
FLACARS had an average of 0.4 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of FLACARS?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2020 turnover was €69,002.
Is FLACARS profitable?
In financial year 2025, FLACARS made a loss of €30,806.
Where can I find the annual accounts of FLACARS?
FLACARS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FLACARS due?
FLACARS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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