FLATIZ
ActiveThe computed 12-month bankruptcy probability of FLATIZ is 3.5% (moderate). The 2025 annual accounts show equity of €32k and a net result of €-8k. Equity is shrinking by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 15% of 4144 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▲+18
Solvency29▼-39
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.61 against 1.74 in 2024; short-term debt: 63.9% and cash: 22.9% of total assets), and 95.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 →
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 2025Solvency, return and age of the figures
Solvency
4.4%
Return on assets
-1.1%
Age of the figures
12 mo
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 2025Net result per financial year
22232425
2022 to 2025 · latest year €-8k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 4144 sector peers (2025).
NBB · sector comparisonPosition among 4144 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
7 d early
2024
1 d early
2023
1 d early
2022
24 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-8k▼ 620%
2024 · €-1k
2022: €-7k
2023: €-2k
2024: €-1k
2022 → 2025
Working capital
€-176k
2024 · €40k
2022: €41k
2023: €40k
2024: €40k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€43k-€41k▼ 4.2%€40k▼ 2.7%€32k▼ 20.2%
Operating result€-3k-€-2k▲ 38.7%€-1k▲ 21.0%€22k
Net result€-7k-€-2k▲ 76.0%€-1k▲ 37.6%€-8k▼ 620%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €22k after a loss of €1k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €353k
Fixed assets
€74k
Current assets
€279k
Equity and liabilities €713k
Equity
€32k▼ 20.2%
Debt
€681k▲ 1,174%
The debt ratio rises from 57.4% to 95.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€65k▲
2024 · €-773
Cash flow
€35k▲
2024 · €-586
Solvency
4.4%▼
2024 · 42.6%
Current ratio
0.61▼
2024 · 1.74
Quick ratio
0.39▼
2024 · 1.74
Debt / equity
21.52▲
2024 · 1.35
ROE
-25.3%▼
2024 · -2.8%
ROA
-1.1%▲
2024 · -1.2%
Interest coverage
2.16▲
2024 · -3.47
Debt
€681k▲
2024 · €53k
Debt ≤ 1 year
€455k▲
2024 · €53k
Debt > 1 year
€226k
Staff costs
€224k▲
2024 · €-265
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€93k€713k▲
Formation expenses20-€360k
Fixed assets21/28€0€74k▲
Tangible fixed assets22/27€0€74k▲
Plant, machinery and equipment23€0€47k▲
Furniture and vehicles24-€27k
Current assets29/58€93k€279k▲
Stocks and contracts in progress3-€101k
Stocks30/36-€101k
Amounts receivable within one year40/41€637€12k▲
Trade receivables40€384-
Other amounts receivable41€253€12k▲
Cash at bank and in hand54/58€92k€163k▲
Deferred charges and accrued income490/1€265€3k▲
Equity and liabilities
Total equity and liabilities10/49€93k€713k▲
Equity10/15€40k€32k▼
Contributions10/11€50k€50k=
Profit (loss) carried forward14€-10k€-18k▼
Amounts payable17/49€53k€681k▲
Amounts payable after more than one year17-€226k
Financial debts170/4-€226k
Amounts payable within one year42/48€53k€455k▲
Current portion of amounts payable after more than one year42-€39k
Trade debts44€384€313k▲
Suppliers440/4€384€313k▲
Taxes, remuneration and social security45-€27k
Remuneration and social security454/9-€27k
Other amounts payable47/48€53k€76k▲
Income statement
Code20242025
Remuneration, social security and pensions62€-265€224k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€528€43k▲
Other operating charges640/8€384€2k▲
Gross operating margin9900€-654€290k▲
Operating profit (loss)9901€-1k€22k▲
Financial income75/76B€410€182▼
Recurring financial income75€410€182▼
Financial charges65/66B€223€30k▲
Recurring financial charges65€223€30k▲
Profit (loss) for the period before taxes9903€-1k€-8k▼
Profit (loss) for the period9904€-1k€-8k▼
Profit (loss) for the period to be appropriated9905€-1k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-18k▼
Profit (loss) brought forward from the previous period14P€-9k€-10k▼
Social balance
Average headcount (FTE)9087-5.1
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Koekelberg · 1 establishment unit since 2021
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.
Kasteellaan 631081 KoekelbergGround area
653 m²
Building footprint
374 m²
Volume, LiDAR
9,292 m³
Parcel 21011A0012/00M000, Brussels · tallest building 28.7 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Kasteellaan 63, 1081 Koekelberg
since 20212.315.048.322
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21011A0012/00M000 | Brussels | 653 m² | 1 · 374 m² | 28.7 m · 8 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKoekelberg2.315.048.322
Similar companies · same sector, comparable size
SHEIKH & SONS
BE 0775.396.818
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shiraz
BE 0892.961.214
Anderlecht · Eq €32k
BEBA PARTNERS
BE 0479.414.481
Elsene · Eq €32k
SIAM MARKET
BE 0769.506.443
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FOR LIEF
BE 0502.332.316
Brussel · Eq €32k
Of 10,527 companies in sector 47110 we hold annual accounts for 5,862. 4,467 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-2021
Fiscal year end30-09
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress 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.
Contact details
1 entryE-mail:carmelo271@hotmail.com