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Flanders Storage Company

Active
Private limited companyfounded 2009active for 17 yearsDe Leiteweg 8, 8020 Oostkamp, BelgiumKBO/BCE: BE 0818.286.555

From the official registers: KBO 16 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The annual accounts of Flanders Storage Company for financial year 2025 show a net loss of 94% of the equity at the start of that year. The 2025 annual accounts show equity of €4,027 and a net result of -€64,516. Equity has been shrinking by about 15% per year since 2018. If that trend continues, it turns negative around financial year 2026. Its solvency ranks better than 20% of 13,716 sector peers (NACE 46, financial year 2025). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

KBO
Status
Active since 04-09-2009 Normal situation
Legal form
Private limited company
Registered office
De Leiteweg 8, 8020 Oostkamp
Activity
Agents specialised in the wholesale of other particular products NACE 46180and 2 others
Establishment unit
2.180.800.322 8020 Oostkamp, since 18-09-2009
Financial year end
31 December
Peppol
Reachable since 16-12-2025

Board and ownership

Board

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2025
Gross margin
-€27,667
Loss
€64,516
▲ 91.6%
Equity
€4,027
▼ 94.1%
Total assets
€387,162
▼ 14.2%
Turnover not published (abbreviated or micro format)2025 accounts filed 38 days before the deadline
Filed on 23-06-2026at the National Bank
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €64,516, the second in a row (financial year 2025)Liquidity: current ratio 0.01, cash €592, halvedlowers riskSize: total assets €387,162Founded in 2009Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 8% of micro companies in wholesale trade (NACE 46)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 26-14
equity 1.0% of total assets
Liquidity 0-5
short-term debt 99.0% · cash 0.2%
Profitability 0-9
return on assets -16.7%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.7%▼ -0.1 percentage points vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025lowest value 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025 06-2025: 0.7%▼ -0.1 percentage points vs 05-2025 07-2025: 0.9%▲ +0.2 percentage points vs 06-2025 08-2025: 0.8%▼ -0.1 percentage points vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 1.2%▲ +0.4 percentage points vs 06-2026highest value 08-2026: 1.2%● unchanged vs 07-2026highest value 09-2026: 1.2%● unchanged vs 08-2026highest value 10-2026: 1.2%● unchanged vs 09-2026highest value
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.01 (0.09 in 2024), below 1. Short-term debt is 99% and cash 0.2% of total assets. 99% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 17% of them on solvency, 2% on liquidity, 6% on profitability and 5% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Loss of €64,516, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €387,162
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.01, cash €592, halved
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€64,516
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 13716 sector peers (2025).
NBB · sector comparison
Position among 13716 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
29 days early
2023
28 days late
2022
31 days late
2021
43 days late
2020
36 days early
2019
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 filed years within 58 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€64,516 View
  • Caution: Equity fell in 2025from €68,544 to €4,027 ▼ 94.1% View
  • Caution: Lower net result than 95% of companies in wholesale tradesector median €5,660 · 13,722 companies -€64,516 View

Documents

Annual accounts at the NBB

All 16 annual accounts

Articles and registers

Key facts about Flanders Storage Company

What is the company number of Flanders Storage Company?
The company number of Flanders Storage Company is 0818.286.555. The VAT number is the same number with BE in front: BE 0818.286.555.
Where is Flanders Storage Company based?
The registered office is at De Leiteweg 8, 8020 Oostkamp.Company details
What does Flanders Storage Company do?
According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
What is the legal form of Flanders Storage Company?
The legal form of Flanders Storage Company is Private limited company (BV).
When was Flanders Storage Company founded?
Flanders Storage Company was founded on 04-09-2009.
Is Flanders Storage Company still active?
Yes, Flanders Storage Company is an active enterprise in the KBO register.
What is the turnover of Flanders Storage Company?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is Flanders Storage Company profitable?
In financial year 2025, Flanders Storage Company made a loss of €64,516.
Where can I find the annual accounts of Flanders Storage Company?
Flanders Storage Company filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Flanders Storage Company due?
Flanders Storage Company must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as Flanders Storage Company: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €331,000 and €481,000, founded between 2006 and 2012.

CompanyTotal assetsGross margin
Flanders Storage Company Oostkamp€387,162-€27,667
AAA TRADE Roeselare€400,993-€34,609
GLASS MOULD SERVICES Knokke-Heist€438,538€229
HOF TER WALLE Deinze€481,216-€19,124
KINN-ETHICS Kortenaken€456,242-€1,568
CT&M Zottegem€331,258-€34,620
SMARTBUS Villers-le-Bouillet€381,239€1,501
Full comparison

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