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Flas Matériaux

Active
Private limited companyfounded 2011active for 15 yearsRue des Déportés 55, 6470 Sivry-Rance, BelgiumKBO/BCE: BE 0835.464.562
Summary

Flas Matériaux has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €329,804 and a net result of €164,243. Equity has been growing by about 18% per year since 2018. Its solvency ranks better than 38% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 13-04-2011 Normal situation
Activity
Wholesale trade NACE 46841and 3 others
Establishment unit
2.198.582.895 6470 Sivry-Rance, since 13-04-2011
Financial year end
31 December
Peppol
Reachable since 05-12-2025

Board and ownership

Board

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€448,577
▲ 326%
Turnover
≈ €2.3m
estimated
Profit
€164,243
▲ 398%
Equity
€329,804
▲ 99.2%
Total assets
€1.3m
▲ 35.1%
Staff
≈ 0.9 FTE
estimated
Filed on 23-07-2026, 8 days before the deadline
Score breakdownraises risk2 of the last 3 accounts latelowers riskSize: total assets €1.3mFounded in 2011Figures for financial year 2025 (filed on 23-07-2026)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency 50+8
equity 25.2% of total assets
Liquidity 30=
short-term debt 60.2% · cash 9.5%
Profitability 84+11
return on assets 12.6%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 6.6% 01-2025: 8.6%▲ +2.0 percentage points vs 12-2024highest value 02-2025: 0.7%▼ -7.9 percentage points vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.8%▲ +0.1 percentage points vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 1.3%▲ +0.4 percentage points vs 07-2025 09-2025: 1.6%▲ +0.3 percentage points vs 08-2025 10-2025: 2.2%▲ +0.6 percentage points vs 09-2025 11-2025: 2.3%▲ +0.1 percentage points vs 10-2025 12-2025: 2.9%▲ +0.6 percentage points vs 11-2025 01-2026: 0.6%▼ -2.3 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.7%▲ +0.1 percentage points vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.5 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.41 (1.21 in 2024), below the usual 1.5. Short-term debt is 60.2% and cash 9.5% of total assets. 74.8% 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 36% of them on solvency, 28% on liquidity, 79% on profitability and 93% on growth.

The bankruptcy probability was computed on 01-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 23-07-2026)
NBB · annual accounts
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
122 days late
2023
156 days late
2022
132 days late
2021
306 days late
2020
31 days late
2019
195 days late
← 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 133 days after 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 10 December (4 of the last 5 accounts filed within 140 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 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

  • Positive: Result rose in 2025from €33,007 to €164,243 ▲ 398% View
  • Positive: Higher net result than 95% of companies in wholesale tradesector median €5,660 · 13,722 companies €164,243 View
  • Positive: 6 profitable years in a rowprofit 2025: €164,243 6 years View

Recent changes

  1. · Gazette deed Company renamed from IG RANCE to Flas MatériauxAppointments: Gilles Flas (director) and LION Isabelle (alternate director)
  2. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as Flas Matériaux: wholesale trade (NACE 46841). They are comparable in size and age: total assets between €1.2m and €2.1m, founded between 2008 and 2012.

CompanyTotal assetsGross margin
Flas Matériaux Sivry-Rance€1.3m€0.4m
MLA FIXINGS Herentals€1.7m€0.5m
BRICOBA Blégny€1.2m€0.5m
LMC BENELUX Waasmunster€1.3m€0.8m
WIL'OUTILS Chimay€2.1m€0.3m
LOMOUTIL Blégny€1.7m€0.3m
Leonardo Fix Lendelede€1.9m€0.7m
Full comparison

Key facts about Flas Matériaux

What is the company number of Flas Matériaux?
The company number of Flas Matériaux is 0835.464.562. The VAT number is the same number with BE in front: BE 0835.464.562.
Where is Flas Matériaux based?
The registered office is at Rue des Déportés 55, 6470 Sivry-Rance.Company details
What does Flas Matériaux do?
According to the KBO register, the main activity is wholesale trade (NACE 46841).
What is the legal form of Flas Matériaux?
The legal form of Flas Matériaux is Private limited company (BV).
When was Flas Matériaux founded?
Flas Matériaux was founded on 13-04-2011.
Is Flas Matériaux still active?
Yes, Flas Matériaux is an active enterprise in the KBO register.
What is the turnover of Flas Matériaux?
The turnover in financial year 2025 is ≈ €2.3m. This figure is estimated from the gross margin of €448,577 and 159 comparable companies (NACE 46). It probably lies between €1.4m and €3.9m. In financial year 2018 turnover was €294,877.Financials
Is Flas Matériaux profitable?
In financial year 2025, Flas Matériaux made a profit of €164,243.
Where can I find the annual accounts of Flas Matériaux?
Flas Matériaux filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Flas Matériaux due?
Flas Matériaux must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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