FLATLINED
FLATLINED has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €145k and a net result of €72k. Equity is growing by ~16.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €145k |
| Net result | €72k |
| Active | 9 yrs |
| Locations | 1 |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Figures by fiscal year and ratios
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | - | €65k | €55k | €29k | €58k |
| Net profit | €72k | €51k | €43k | €26k | €46k |
| Cash flow | - | €52k | €44k | €26k | €46k |
| Staff costs | - | - | - | - | - |
| Income taxes | €15k | €13k | €12k | €7k | €12k |
| Dividends | €30k | €30k | €30k | €25k | €24k |
| Total assets | €213k | €164k | €141k | €115k | €118k |
| Equity | €145k | €121k | €100k | €87k | €86k |
| Debt | €68k | €43k | €41k | €28k | €32k |
| of which ≤ 1y | €68k | €43k | €41k | €28k | €32k |
| of which > 1y | - | - | - | - | - |
| Working capital | €145k | €121k | €99k | €86k | €84k |
| Employees (FTE) | - | - | - | - | - |
| 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| Current ratio | 3.15 | 3.83 | 3.43 | 4.05 | 3.60 |
| Quick ratio | 3.15 | 3.83 | 3.36 | 3.81 | 2.71 |
| Working capital ratio | 68.3% | 73.9% | 70.5% | 74.6% | 71.3% |
| Solvency | 68.3% | 73.9% | 71.0% | 75.6% | 72.6% |
| Debt / equity | 0.46 | 0.35 | 0.41 | 0.32 | 0.38 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | - | 1447.96 | 1196.38 | 413.79 | 604.71 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 33.9% | 31.3% | 30.7% | 22.4% | 38.7% |
| ROE | 49.6% | 42.3% | 43.2% | 29.7% | 53.3% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €213k | €164k | €141k | €115k | €118k |
| Fixed assets | 21/28 | - | - | €593 | €1k | €2k |
| Tangible fixed assets | 22/27 | - | - | €593 | €1k | €2k |
| Current assets | 29/58 | €213k | €164k | €140k | €114k | €117k |
| Stocks & contracts in progress | 3 | - | - | €3k | €7k | €29k |
| Amounts receivable within one year | 40/41 | €20k | €33k | €23k | €25k | €24k |
| Cash & bank | 54/58 | €193k | €132k | €114k | €78k | €61k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €213k | €164k | €141k | €115k | €118k |
| Equity | 10/15 | €145k | €121k | €100k | €87k | €86k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €2k | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €125k | €101k | €79k | €66k | €66k |
| Amounts payable | 17/49 | €68k | €43k | €41k | €28k | €32k |
| Amounts payable within one year | 42/48 | €68k | €43k | €41k | €28k | €32k |
| Trade debts payable within one year | 44 | - | €363 | €339 | - | - |
| Income statement | ||||||
| Gross operating margin | 9900 | €86k | €65k | €56k | €23k | €59k |
| Operating result | 9901 | €86k | €65k | €55k | €28k | €58k |
| Financial income | 75 | €999 | - | €1 | €1 | - |
| Financial charges | 65 | €56 | €45 | €46 | €70 | €97 |
| Result before taxes | 9903 | €87k | €65k | €55k | €33k | €58k |
| Income taxes | 67/77 | €15k | €13k | €12k | €7k | €12k |
| Net result for the period | 9904 | €72k | €51k | €43k | €26k | €46k |
| Result to be appropriated | 9905 | €72k | €51k | €43k | €26k | €46k |
| NACE primary | Other amusement and recreation activities(93299) |
| Legal form | Private limited company(610) |
| Incorporation | 29-09-2016 |
| Status | Active |
| Postal code | 1070 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305B0209/00E022 | Brussels | 253 m² | 1 · 135 m² | 20.0 m · 6 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
14-10-2022 Board composition published
Technical details
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"notary": {
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"act_meta": {
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"filing_date": "2022-10-12",
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{
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{
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{
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}| Legal nameFR | FLATLINED |