Turnover
≈ €100,000 estimated
The micro format states no turnover.
FLAVES
Lifetime
5 annual accounts with figures on one time axispeak €73,241 (2020)
€30,643▼ 33.4%
lowest -€22,054 (2022)
€1,947▲ €16,203
peak €45,047 (2020)
€1,917▲ €1,947
€32,432▼ 19.2%
Board1 name since 2019
1 directorCREPIN Sébastien David Ghislain
Documentsfilings and deeds
10-10-202571 days late
2024micro format
Gross margin from €45,991 to €30,643Back to profit: €1,947Equity from -€30 to €1,917Debts from €40,137 to €32,432Cash from €11,604 to €7,714
Key points
from the 2024 annual accountsDebts
€32,432 94% of the balance sheet
Suppliers 32%Taxes and wages 68%
Filings
5 annual accounts 102 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Starting capital
€3,000 100 shares
At the same address
73 companies
Position in the sector
€1,917
Less equity than 90% of companies in computer programming and consultancy. Sector median €73,748 · 20,549 companies.
Checked score
52
Fair
Financially stronger than 39% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.5%▲ +0.1 percentage points vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.2%▼ -0.3 percentage points vs 04-2025lowest value
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.2 percentage points vs 07-2025
09-2025: 0.5%▲ +0.1 percentage points vs 08-2025
10-2025: 0.9%▲ +0.4 percentage points vs 09-2025
11-2025: 0.3%▼ -0.6 percentage points vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 1.0%▲ +0.7 percentage points vs 07-2026
09-2026: 1.3%▲ +0.3 percentage points vs 08-2026
10-2026: 2.4%▲ +1.1 percentage points vs 09-2026highest value
11-2026: 2.4%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Figures for financial year 2024 (filed on 19-10-2025)
1 change of registered office in 24 months
1 financial year not filed after the legal deadline; last filed accounts filed 71 days late; 1 of the last 3 accounts late
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
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 62, micro). It does better than 13% of them on solvency, 10% on liquidity, 34% on profitability and 99% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as FLAVES has now. Each dot stands for 6 companies, two years later.
96.1%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
The bankruptcy probability of FLAVES itself is higher: 2.4% within 12 months. It rests on far more data about FLAVES than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,153 companies, not a prediction for FLAVES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Liquidity is tight, with a current ratio of 1.02 (0.93 in 2023), below the usual 1.5. Short-term debt is 94.4% and cash 22.5% of total assets. 94.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 20537 sector peers (2024).
NBB · sector comparisonPosition among 20537 sector peers
Solvency
better than 10%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 5 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 71 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
71 days late
2023
30 days late
2022
129 days early
2021
31 days early
2020
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 6 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered office moved from Mont-Saint-Guibert to Brussels
New registered office: Avenue Louise 163, 1050 Bruxelles · Previous registered office: Rue des Aulnes 8, 1435 Mont-Saint-Guibert · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0737552960
Registered office moved from Braine-l'Alleud to Mont-Saint-Guibert
New registered office: Rue des Aulnes 8, 1435 Mont-Saint-Guibert · Previous registered office: RUE DU CHARRON 287C/7, 1420 BRAINE-L'ALLEUD · General meeting of 04-04-2023 · Gazette deed
Registered office moved from Mont-Saint-Guibert to Braine-l'Alleud
New registered office: Rue du Charron 287C/7, 1420 Braine-l'Alleud · Previous registered office: RUE DES AULNES 8, 1435 MONT-SAINT-GUIBERT · General meeting of 30-11-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FLAVES Ixelles | €34,349 | €30,643 | 5.6% | - |
| Fonseca Engineering Ixelles | €36,777 | €33,351 | 7.8% | - |
| The Greener Field Brussels | €32,966 | €34,959 | 21.6% | - |
| J & L Services Leuven | €36,529 | €31,816 | 71.2% | - |
| MAXIM BAETEN Wetteren | €35,766 | €27,704 | 31.7% | - |
| FS SOLUTIONS Pont-à-Celles | €34,744 | €27,356 | 8.6% | - |
| SOFT IN SOFTWARE CONSULTING Gembloux | €32,456 | €34,004 | 9.2% | - |
These companies have the same main activity as FLAVES: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €32,500 and €36,800, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 08-11-2019Normal situation
- Registered office
- 74 active companies are registered at this address38 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.296.086.2081435 Mont-Saint-Guibert, since 08-11-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Insights on FLAVES
FLAVES files the micro format. That format states no turnover. The gross margin fell from €73,241 in 2020 to €30,643 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FLAVES
- What is the company number of FLAVES?
- The company number of FLAVES is 0737.552.960. The VAT number is the same number with BE in front: BE 0737.552.960.
- Where is FLAVES based?
- The registered office is at Louizalaan 163, 1050 Ixelles.Company details
- What does FLAVES do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of FLAVES?
- FLAVES is a private limited company (BV).
- When was FLAVES founded?
- FLAVES was founded on 08-11-2019.
- Is FLAVES still active?
- Yes, FLAVES is an active enterprise in the KBO register.
- How many employees does FLAVES have?
- FLAVES had an average of 2.4 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of FLAVES?
- The turnover in financial year 2024 is ≈ €100,000. This figure is estimated from the gross margin of €30,643 and 63 comparable companies (NACE 62200). It probably lies between €83,000 and €140,000.
- Is FLAVES profitable?
- In financial year 2024, FLAVES made a profit of €1,947.
- Where can I find the annual accounts of FLAVES?
- FLAVES filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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