FLANDRIENS
ActiveThe computed 12-month bankruptcy probability of FLANDRIENS is 2.6% (moderate). The 2024 annual accounts show equity of €30k and a net result of €-338. Its solvency ranks better than 65% of 26048 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability30
Solvency75
Growth-
Track record67
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.06; short-term debt: 47.8% and cash: 33.7% of total assets), but 50.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
49.6%
Return on assets
-0.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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
2024
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€30k
Total assets
€60k
Net result
€-338
Working capital
€30k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €60k
Fixed assets
€1k
Current assets
€59k
Equity and liabilities €60k
Equity
€30k
Debt
€30k
Debt finances 50.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€2k
Cash flow
€600
Solvency
49.6%
Current ratio
2.06
Quick ratio
1.23
Debt / equity
1.02
ROE
-1.1%
ROA
-0.6%
Interest coverage
1.39
Debt
€30k
Debt ≤ 1 year
€29k
Income taxes
€32
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€60k
Fixed assets21/28€1k
Tangible fixed assets22/27€1k
Furniture and vehicles24€1k
Current assets29/58€59k
Stocks and contracts in progress3€23k
Stocks30/36€23k
Amounts receivable within one year40/41€15k
Trade receivables40€15k
Cash at bank and in hand54/58€20k
Deferred charges and accrued income490/1€2
Equity and liabilities
Total equity and liabilities10/49€60k
Equity10/15€30k
Contributions10/11€30k
Profit (loss) carried forward14€-338
Amounts payable17/49€30k
Amounts payable within one year42/48€29k
Trade debts44€14k
Suppliers440/4€14k
Taxes, remuneration and social security45€68
Taxes450/3€68
Other amounts payable47/48€15k
Accrued charges and deferred income492/3€2k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€938
Other operating charges640/8€827
Gross operating margin9900€3k
Operating profit (loss)9901€1k
Financial charges65/66B€2k
Recurring financial charges65€2k
Profit (loss) for the period before taxes9903€-306
Income taxes67/77€32
Profit (loss) for the period9904€-338
Profit (loss) for the period to be appropriated9905€-338
Appropriation of the result
Profit (loss) to be appropriated9906€-338
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
NBB filing
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, Asse · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vliegwezenlaan 531731 AsseGround area
1,167 m²
Building footprint
208 m²
Volume, LiDAR
1,675 m³
Parcel 23095B0091/00V005, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FLANDRIENS
since 20232.350.312.770
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23095B0091/00V005 | Flanders | 1,167 m² | 1 · 208 m² | 11.5 m · 3 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
LOCARAF
BE 0860.165.613
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VINCENT VAN PARYS
BE 0776.869.634
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VIERSTRAETE-VERSCHAEVE
BE 0897.539.218
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Kugoo Kirin Belgium
BE 1002.904.180
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VLIVAN
BE 0768.935.034
Blankenberge · Eq €30k
Of 1,467 companies in sector 47632 we hold annual accounts for 733. 442 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-09-2023
Fiscal year end31-12
Activities, NACEBEL
47632Retail sale of bicycles
47785Retail trade
47639Retail sale of other sporting goods
47640Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.