FlatWin
ActiveFlatWin has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €317k and a net result of €124k. Equity is growing by ~67.9% per year across the filed fiscal years. Its solvency ranks better than 53% of 31540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+13
Solvency85▲+20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.91 against 1.21 in 2024; short-term debt: 40.4% and cash: 39.3% of total assets), and 40.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.6%
Return on assets
23.3%
Age of the figures
9 mo
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 27-07-2026, 4 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
4 d early
2024
28 d early
2023
7 d early
2022
29 d late
2021
11 d late
2020
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€317k▲ 64.2%
2024 · €193k
2020: €12k
2021: €42k
2022: €70k
2023: €131k
2024: €193k
2020 → 2025
Total assets
€532k▲ 11.1%
2024 · €479k
2020: €145k
2021: €200k
2022: €304k
2023: €415k
2024: €479k
2020 → 2025
Net result
€124k▲ 100%
2024 · €62k
2020: €9k
2021: €30k
2022: €33k
2023: €61k
2024: €62k
2020 → 2025
Working capital
€195k▲ 231%
2024 · €59k
2020: €-3k
2021: €-46k
2022: €-89k
2023: €-19k
2024: €59k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€70k▲ 67.9%€131k▲ 86.3%€193k▲ 47.1%€317k▲ 64.2%
Operating result€31k-€37k▲ 21.8%€77k▲ 105%€90k▲ 17.6%€171k▲ 90.0%
Net result€30k-€33k▲ 9.6%€61k▲ 83.8%€62k▲ 1.7%€124k▲ 100%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 90% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €532k
Fixed assets
€122k▼ 10.2%
Current assets
€410k▲ 19.5%
Equity and liabilities €532k
Equity
€317k▲ 64.2%
Debt
€215k▼ 24.8%
The debt ratio falls from 59.7% to 40.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€189k▲
2024 · €108k
Cash flow
€141k▲
2024 · €79k
Solvency
59.6%▲
2024 · 40.3%
Current ratio
1.91▲
2024 · 1.21
Quick ratio
1.16▲
2024 · 0.61
Debt / equity
0.68▼
2024 · 1.48
ROE
39.1%▲
2024 · 32.0%
ROA
23.3%▲
2024 · 12.9%
Interest coverage
492.58▲
2024 · 16.00
Debt
€215k▼
2024 · €286k
Debt ≤ 1 year
€215k▼
2024 · €284k
Income taxes
€47k▲
2024 · €21k
Staff costs
€98▼
2024 · €2k
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€479k€532k▲
Fixed assets21/28€135k€122k▼
Intangible fixed assets21€2k€790▼
Tangible fixed assets22/27€134k€121k▼
Plant, machinery and equipment23€10k€7k▼
Furniture and vehicles24€529€211▼
Other tangible fixed assets26€123k€114k▼
Financial fixed assets28€180-
Current assets29/58€343k€410k▲
Stocks and contracts in progress3€171k€160k▼
Stocks30/36€171k€160k▼
Amounts receivable within one year40/41€43k€41k▼
Trade receivables40€43k€41k▼
Cash at bank and in hand54/58€127k€209k▲
Deferred charges and accrued income490/1€1k€623▼
Equity and liabilities
Total equity and liabilities10/49€479k€532k▲
Equity10/15€193k€317k▲
Contributions10/11€3k€3k=
Reserves13€34k€34k=
Distributable reserves133€34k€34k=
Profit (loss) carried forward14€156k€280k▲
Amounts payable17/49€286k€215k▼
Amounts payable within one year42/48€284k€215k▼
Trade debts44€8k€16k▲
Suppliers440/4€8k€16k▲
Taxes, remuneration and social security45€26k€50k▲
Taxes450/3€26k€50k▲
Remuneration and social security454/9€90-
Other amounts payable47/48€250k€149k▼
Accrued charges and deferred income492/3€1k€12▼
Income statement
Code20242025
Remuneration, social security and pensions62€2k€98▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€18k▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€111k€192k▲
Operating profit (loss)9901€90k€171k▲
Financial income75/76B€3€2▼
Recurring financial income75€3€2▼
Financial charges65/66B€7k€383▼
Recurring financial charges65€7k€383▼
Profit (loss) for the period before taxes9903€83k€171k▲
Income taxes67/77€21k€47k▲
Profit (loss) for the period9904€62k€124k▲
Profit (loss) for the period to be appropriated9905€62k€124k▲
Appropriation of the result
Profit (loss) to be appropriated9906€156k€280k▲
Profit (loss) brought forward from the previous period14P€94k€156k▲
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
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €124k ▲100%
Operating result €171k, net result €124k, both a record.
31-12
Financial
Equity above €200kEq €317k ▲64.2%
6 profitable years in a row build equity to €317k.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €193k ▲47.1%
5 profitable years in a row build equity to €193k.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €131k ▲86.3%
4 profitable years in a row build equity to €131k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
24-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wavre · 1 establishment unit since 2020
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.
Avenue de la Gare 21300 WavreGround area
304 m²
Building footprint
461 m²
Volume, LiDAR
3,492 m³
Parcel 25055C0127/00Z005, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FlatBike
since 20202.300.673.813
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25055C0127/00Z005 | Wallonia | 304 m² | 1 · 460 m² | 11.2 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
KONSILO
BE 0891.542.638
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ACKERMAN ADVIESBUREAU
BE 0890.002.021
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OCR-M
BE 0737.813.969
Liège · Eq €317k
D-PLOY
BE 0895.081.851
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ALICE CONSULTANCY
BE 0826.882.933
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 37,806 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-03-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.