FLADIS
ActiveSummary
The computed 12-month bankruptcy probability of FLADIS is 2.4% (moderate). The 2024 annual accounts show equity of €787,000 and a net result of €176,782. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 60% of 6550 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability80▼-10
Solvency67▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.68 in 2023; short-term debt: 49.9% and cash: 10.2% of total assets), but 58.5% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €787,000
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
30 d late
2022
71 d late
2021
12 d early
2020
18 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 38 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#9 employer in Tournai, Wholesale and retail trade sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€176,782▼ 25.7%
2023 · €238,080
Working capital
€523,028▲ 18.0%
2023 · €443,123
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€23,871€186,840€388,792▲ 108%€423,251▲ 8.9%€324,510▼ 23.3%
Net result-€30,800below the sector's middle half€145,753above the sector's middle half€226,397above the sector's middle half▲ 55.3%€238,080above the sector's middle half▲ 5.2%€176,782above the sector's middle half▼ 25.7%
Equity€5,688within the sector's middle half▼ 84.4%€151,441above the sector's middle half▲ 2,562%€384,038above the sector's middle half▲ 154%€622,118above the sector's middle half▲ 62.0%€787,000within the sector's middle half▲ 26.5%
Total assets€281,426within the sector's middle half▲ 64.9%€639,208above the sector's middle half▲ 127%€960,712above the sector's middle half▲ 50.3%€1.4mabove the sector's middle half▲ 42.8%€1.9mwithin the sector's middle half▲ 38.2%
Debt€275,738▲ 106%€487,767▲ 76.9%€576,675▲ 18.2%€749,824▲ 30.0%€1.1m▲ 47.9%
Working capital€15,348within the sector's middle half▲ 88.3%€71,998within the sector's middle half▲ 369%€244,579above the sector's middle half▲ 240%€443,123above the sector's middle half▲ 81.2%€523,028within the sector's middle half▲ 18.0%
Solvency2.0%below the sector's middle half▼ 19.4pp23.7%within the sector's middle half▲ 21.7pp40.0%within the sector's middle half▲ 16.3pp45.3%within the sector's middle half▲ 5.4pp41.5%within the sector's middle half▼ 3.8pp
Current ratio1.07within the sector's middle half▲ 0.011.19within the sector's middle half▲ 0.111.48within the sector's middle half▲ 0.301.68within the sector's middle half▲ 0.201.55within the sector's middle half▼ 0.13
Return on assets (ROA)-10.9%below the sector's middle half▼ 18.5pp22.8%above the sector's middle half▲ 33.7pp23.6%above the sector's middle half▲ 0.8pp17.4%above the sector's middle half▼ 6.2pp9.3%within the sector's middle half▼ 8.0pp
Staff (FTE)5.5above the sector's middle half▲ 41.0%10.1▲ 83.6%37.6above the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 23% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.9m
Fixed assets
€426,306 ▲ 54.4%
Current assets
€1.5m ▲ 34.1%
Equity and liabilities €1.9m
Equity
€787,000 ▲ 26.5%
Debt
€1.1m ▲ 47.9%
Debt's share of the balance-sheet total rises from 54.7% to 58.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€413,109▼
2023 · €493,496
Cash flow
€265,381▼
2023 · €308,325
Quick ratio
1.14▼
2023 · 1.17
Debt to equity
1.41▲
2023 · 1.21
ROE
22.5%▼
2023 · 38.3%
Interest coverage
6.53▲
2023 · 6.50
Debt ≤ 1 year
€946,775▲
2023 · €652,628
Debt > 1 year
€161,465▲
2023 · €95,011
Income taxes
€84,364▼
2023 · €114,903
Staff costs
€972,307▲
2023 · €762,613
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,810 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,810 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €9,318 | - | - |
| Remuneration, social security and pensions62 | - | €335,779 | €484,248 | €762,613 | €972,307 | ▲ 27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,171 | €31,516 | €53,111 | €70,245 | €88,599 | ▲ 26.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €357 | - | - | - |
| Other operating charges640/8 | - | €6,588 | €9,517 | €13,289 | €24,286 | ▲ 82.8% |
| Gross operating margin9900 | €161,451 | €560,723 | €936,024 | €1.3m | €1.4m | ▲ 11.1% |
| Operating profit (loss)9901 | -€23,871 | €186,840 | €388,792 | €423,251 | €324,510 | ▼ 23.3% |
| Financial income75/76B | - | €310 | €1,447 | €5,643 | €6,012 | ▲ 6.5% |
| Recurring financial income75 | €37 | €310 | €1,447 | €5,643 | €1,361 | ▼ 75.9% |
| Non-recurring financial income76B | - | - | - | - | €4,651 | - |
| Financial charges65/66B | - | €13,730 | €55,185 | €75,912 | €69,376 | ▼ 8.6% |
| Recurring financial charges65 | €6,957 | €13,730 | €55,185 | €75,912 | €63,237 | ▼ 16.7% |
| Non-recurring financial charges66B | - | - | - | - | €6,139 | - |
| Profit (loss) for the period before taxes9903 | -€30,792 | €173,420 | €335,053 | €352,983 | €261,146 | ▼ 26.0% |
| Income taxes67/77 | €8 | €27,667 | €108,657 | €114,903 | €84,364 | ▼ 26.6% |
| Profit (loss) for the period9904 | -€30,800 | €145,753 | €226,397 | €238,080 | €176,782 | ▼ 25.7% |
| Profit (loss) for the period to be appropriated9905 | -€30,800 | €145,753 | €226,397 | €238,080 | €176,782 | ▼ 25.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €281,426 | €639,208 | €960,712 | €1.4m | €1.9m | ▲ 38.2% |
| Fixed assets21/28 | €51,818 | €180,173 | €209,529 | €276,192 | €426,306 | ▲ 54.4% |
| Intangible fixed assets21 | €1,431 | €1,081 | €731 | €4,067 | €3,317 | ▼ 18.4% |
| Tangible fixed assets22/27 | €45,764 | €174,469 | €204,175 | €262,302 | €402,917 | ▲ 53.6% |
| Land and buildings22 | - | €27,073 | €23,171 | €20,864 | €17,767 | ▼ 14.8% |
| Plant, machinery and equipment23 | - | €120,957 | €148,726 | €180,163 | €282,586 | ▲ 56.9% |
| Furniture and vehicles24 | - | €26,439 | €32,278 | €61,275 | €102,563 | ▲ 67.4% |
| Financial fixed assets28 | €4,623 | €4,623 | €4,623 | €9,823 | €20,073 | ▲ 104% |
| Current assets29/58 | €229,608 | €459,035 | €751,183 | €1.1m | €1.5m | ▲ 34.1% |
| Stocks and contracts in progress3 | €41,541 | €162,620 | €223,313 | €334,158 | €392,671 | ▲ 17.5% |
| Stocks30/36 | - | €162,620 | €223,313 | €334,158 | €392,671 | ▲ 17.5% |
| Amounts receivable within one year40/41 | €90,092 | €87,684 | €232,430 | €520,603 | €870,947 | ▲ 67.3% |
| Trade receivables40 | - | €17,400 | €30,310 | €311,475 | €347,667 | ▲ 11.6% |
| Other amounts receivable41 | - | €70,284 | €202,120 | €209,128 | €523,280 | ▲ 150% |
| Cash at bank and in hand54/58 | €97,273 | €206,212 | €286,222 | €228,890 | €193,127 | ▼ 15.6% |
| Deferred charges and accrued income490/1 | - | €2,518 | €9,218 | €12,099 | €13,057 | ▲ 7.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €281,426 | €639,208 | €960,712 | €1.4m | €1.9m | ▲ 38.2% |
| Equity10/15 | €5,688 | €151,441 | €384,038 | €622,118 | €787,000 | ▲ 26.5% |
| Contributions10/11 | - | €12,400 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €17,826 | €17,826 | €244,126 | €481,126 | €645,926 | ▲ 34.3% |
| Non-distributable reserves130/1 | - | €1,626 | €1,626 | €1,626 | €1,626 | = |
| Reserves not available under the articles1311 | - | €1,626 | €1,626 | €1,626 | €1,626 | = |
| Tax-exempt reserves132 | - | €4,300 | €4,300 | €4,300 | €4,300 | = |
| Distributable reserves133 | - | €11,900 | €238,200 | €475,200 | €640,000 | ▲ 34.7% |
| Profit (loss) carried forward14 | -€24,538 | €121,215 | €121,312 | €122,392 | €122,474 | ▲ 0.1% |
| Amounts payable17/49 | €275,738 | €487,767 | €576,675 | €749,824 | €1.1m | ▲ 47.9% |
| Amounts payable after more than one year17 | €60,608 | €99,860 | €69,201 | €95,011 | €161,465 | ▲ 69.9% |
| Financial debts170/4 | - | €99,860 | €69,201 | €95,011 | €161,465 | ▲ 69.9% |
| Amounts payable within one year42/48 | €214,260 | €387,037 | €506,604 | €652,628 | €946,775 | ▲ 45.1% |
| Current portion of amounts payable after more than one year42 | - | €29,845 | €70,659 | €139,228 | €194,256 | ▲ 39.5% |
| Financial debts43 | - | - | - | - | €175,000 | - |
| Credit institutions430/8 | - | - | - | - | €175,000 | - |
| Trade debts44 | €159,659 | €275,023 | €290,344 | €359,065 | €430,445 | ▲ 19.9% |
| Suppliers440/4 | - | €275,023 | €290,344 | €359,065 | €430,445 | ▲ 19.9% |
| Taxes, remuneration and social security45 | - | €82,169 | €145,601 | €154,276 | €135,709 | ▼ 12.0% |
| Taxes450/3 | - | €33,471 | €83,400 | €98,018 | €37,371 | ▼ 61.9% |
| Remuneration and social security454/9 | - | €48,698 | €62,201 | €56,258 | €98,338 | ▲ 74.8% |
| Other amounts payable47/48 | - | - | - | €60 | €11,365 | ▲ 18,990% |
| Accrued charges and deferred income492/3 | - | €870 | €870 | €2,186 | €870 | ▼ 60.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€30,800 | €145,753 | €226,397 | €238,080 | €176,782 | ▼ 25.7% |
| + Depreciation and write-downs630 | €11,171 | €31,516 | €53,111 | €70,245 | €88,599 | ▲ 26.1% |
| Operating cash flow (approximation) | -€19,629 | €177,269 | €279,508 | €308,325 | €265,381 | ▼ 13.9% |
| Investment in fixed assets (approximation) | - | -€159,871 | -€82,467 | -€136,908 | -€238,714 | ▼ 74.4% |
| Change in cash | - | €108,939 | €80,010 | -€57,332 | -€35,764 | ▲ 37.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 60 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €238,080 ▲5.2%
Operating result €423,251, net result €238,080, both a record.
31-12
Financial
Equity above €500,000Eq €622,118 ▲62%
3 profitable years in a row build equity to €622,118.
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Equity above €200,000Eq €384,038 ▲154%
2 profitable years in a row build equity to €384,038.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €145,753
Net result €145,753 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €151,441 ▲2,562%
Equity rises from €5,688 to €151,441.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial
Weakest financial yearnet -€30,800
Net result drops to -€30,800, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
Show earlier events
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 66 days late
2016
03-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 64 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tournai · 7 establishment units since 2021
Ground area
3.7 ha
Building footprint
1.2 ha
Volume, LiDAR
3,010 m³
6 parcels, Wallonia · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
7 establishment units
L'Univers de la Gourmandise
since 20212.313.298.857
L'Atelier de la Gourmandise
since 20212.318.196.367
Atelier de la gourmandise
since 20242.358.525.306
Atelier de la gourmandise
since 20242.358.525.405
Vers l’infini et chocolat
since 20242.364.376.582
Pétales de Rose
since 20242.367.685.569
Show 1 more locations
Planète Bonbons
since 20262.384.163.196
6 parcels
Wallonia
6
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57069C0025/00A002 | Wallonia | 3.0 ha | 1 · 1.1 ha | - |
| 57462A0004/00L000 | Wallonia | 3,484 m² | 1 · 28 m² | 3.6 m · 1 fl. |
| 57033B0762/00E000 | Wallonia | 2,213 m² | 1 · 110 m² | 8.5 m · 2 fl. |
| 57075C0194/00W000 | Wallonia | 927 m² | 1 · 98 m² | 8.6 m · 2 fl. |
| 57081G0246/00C000 | Wallonia | 122 m² | 1 · 68 m² | 15.0 m · 4 fl. |
| 57081F0693/00A000indicative | Wallonia | 71 m² | 1 · 44 m² | 15.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
5 of 6 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
5 sitesTournai2.364.376.582
Tournai2.367.685.569
Tournai2.313.298.857
Tournai2.318.196.367
Show 1 more sites
Tournai2.358.525.405
Legal Entity Identifier
254900776DZSGTYA6389
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Of 2,075 companies in sector 47750 we hold annual accounts for 517. 182 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47242Retail sale of chocolate and confectionery
47750Retail sale of cosmetics and toilet articles
46360Wholesale trade
46450Wholesale of perfume and cosmetics
E-invoicing
Reachable via Peppol
Peppol ID
0208:0597600667
Registered
08-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.