Losses
-€24,034 in two years
The 2023 and 2024 financial years closed with a loss. 2023 was the heaviest.
FLANDERS AUTO
Lifetime
3 annual accounts with figures on one time axispeak €19,896 (2022)
-€8,907▼ €539
lowest -€13,945 (2023)
-€10,089▲ €3,856
peak €26,642 (2022)
€2,607▼ 79.5%
€21,847▲ 17.6%
Board1 name since 2022
1 director
Documentsfilings and deeds
07-07-202524 days before the deadline
2024micro format
Loss of €10,089Equity from €12,697 to €2,607Debts from €18,573 to €21,847
Key points
from the 2024 annual accountsDebts
€21,847 89% of the balance sheet
Filings
3 annual accounts 105 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,207 companies had the same profile as FLANDERS AUTO has now. Each dot stands for 4 companies, two years later.
90.1%
were still trading
4.8%
stopped another way
4.6%
went bankrupt
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.
| 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 1,207 companies, not a prediction for FLANDERS AUTO. 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
Recent changes
Address struck
effective 31-07-2026 · KBO administration
Registered office moved within Izegem
New registered office: ROESELAARSESTRAAT 402 8870 IZEGEM · Previous registered office: ROESELAARSESTRAAT 652 8870 IZEGEM · General meeting of 01-06-2022 · Gazette deed
Incorporation
Founding capital of €10,000, 100 shares · Founder: · Appointment: (director) · published on 02-02-2022 · Gazette deed
Official details
Source: KBO- Status
- Active since 31-01-2022Normal situation
- Legal form
- Private limited company
- Activity
- “Algemene bouwonderneming zonder beperking van activiteit,gereglementeerde activiteiten worden uitgeoefend vanaf het bekomen van de…” (deed in Dutch)From the articles, 109 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on FLANDERS AUTO
FLANDERS AUTO files the micro format. That format states no turnover. The gross margin fell from €19,896 in 2022 to -€8,907 in 2024.
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 FLANDERS AUTO
- What is the company number of FLANDERS AUTO?
- The company number of FLANDERS AUTO is 0781.369.642. The VAT number is the same number with BE in front: BE 0781.369.642.
- What is the legal form of FLANDERS AUTO?
- FLANDERS AUTO is a private limited company (BV).
- When was FLANDERS AUTO founded?
- FLANDERS AUTO was founded on 31-01-2022.
- Is FLANDERS AUTO still active?
- Yes, FLANDERS AUTO is an active enterprise in the KBO register.Company details
- What is the turnover of FLANDERS AUTO?
- The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
- Is FLANDERS AUTO profitable?
- In financial year 2024, FLANDERS AUTO made a loss of €10,089.
- Where can I find the annual accounts of FLANDERS AUTO?
- FLANDERS AUTO filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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