FLAGLAND
ActiveSummary
The computed 12-month bankruptcy probability of FLAGLAND is 4.1% (elevated). The 2025 annual accounts show equity of €18k and a net result of €17k. Its solvency ranks better than 65% of 18400 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency77
Growth-
Track record79
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity ample (current ratio 2.06; short-term debt: 48.4% and cash: 36.6% of total assets), and 48.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 28-02-2025 was due by 30-09-2025 and was filed on 10-10-2025, 10 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 · 1 filingDeviation from the deadline
2025
10 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Turnover
€427k
EBIT margin
5.2%
Net result
€17k
Working capital
€18k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €35k
Equity
€18k
Debt
€17k
Debt finances 48.4% of the balance-sheet total.
Key figures and ratios
Current ratio
2.06
Quick ratio
1.83
Debt to equity
0.94
ROE
91.7%
ROA
47.3%
Debt ≤ 1 year
€17k
Income taxes
€4k
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet
Code2025
Assets
Total assets20/58€35k
Current assets29/58€35k
Stocks and contracts in progress3€4k
Stocks30/36€4k
Amounts receivable within one year40/41€16k
Trade receivables40€16k
Cash at bank and in hand54/58€13k
Deferred charges and accrued income490/1€2k
Equity and liabilities
Total equity and liabilities10/49€35k
Equity10/15€18k
Contributions10/11€2k
Profit (loss) carried forward14€17k
Amounts payable17/49€17k
Amounts payable within one year42/48€17k
Trade debts44€10k
Suppliers440/4€6k
Bills of exchange payable441€4k
Taxes, remuneration and social security45€7k
Taxes450/3€7k
Income statement
Code2025
Turnover70€427k
Goods, raw materials, services and sundry goods60/61€405k
Gross operating margin9900€22k
Operating profit (loss)9901€22k
Financial income75/76B€18
Recurring financial income75€18
Financial charges65/66B€1k
Recurring financial charges65€1k
Profit (loss) for the period before taxes9903€21k
Income taxes67/77€4k
Profit (loss) for the period9904€17k
Profit (loss) for the period to be appropriated9905€17k
Appropriation of the result
Profit (loss) to be appropriated9906€17k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Anderlecht · 1 establishment unit since 2023
Ground area
9,783 m²
Building footprint
4,538 m²
Volume, LiDAR
73,760 m³
Parcel 21306C0289/00B004, Brussels · tallest building 28.4 m, ±7 floors. Linked by address, not a title deed.
220
companies at this address
See who is registered here
1 establishment unit
FLAGLAND
since 20232.348.331.495
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306C0289/00B004 | Brussels | 9,782 m² | 1 · 4,538 m² | 28.4 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BE 0804.753.372
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E-NOVO
BE 0819.102.741
Dilbeek · Eq €17,932
NIYA
BE 0475.588.129
Kortrijk · Eq €17,928
Of 12,957 companies in sector 47120 we hold annual accounts for 2,190. 1,380 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-08-2023
Fiscal year end28-02
Activities, NACEBEL 2025
47120Other non-specialised retail sale
46130Agents in the wholesale of timber and building materials
46190Agents in non-specialised wholesale trade
73110Advertising agencies
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.