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Complete company report
Generated 16-07-2026
Active BE 0753.980.406Private limited company

FLAY

Appelstraat 39 ·8700 Tielt, Belgium· 5 yrs active
Sector: Financial services (64210)
Conclusion Checked

FLAY is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2023 annual accounts show equity of €218k and a net result of €-131k. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €218k
Net result €-131k
Active 5 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health0Profitability0Solvency11Growth50Stability79
28 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 0
Solvency 11
Growth 50
Stability 79
Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Financial overview4 NBB filings
Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · verkort
Fiscal year2023
Revenuen/a
EBITDAn/a
Net profit€-131k
Cash flown/a
Staff costs-
Income taxes€0
Dividends-
Total assets€1.30M
Equity€218k
Debt€1.08M
of which ≤ 1y€660k
of which > 1y€417k
Working capitaln/a
Employees (FTE)0.0
Ratios (computed)
2023
Current ration/a
Quick ration/a
Working capital ration/a
Solvency16.8%
Debt / equityn/a
Long-term debt ration/a
Interest coveragen/a
Gross marginn/a
Net marginn/a
ROA-10.1%
ROE-60.2%
EBITDA marginn/a
Days sales outstandingn/a
Days payable outstandingn/a
Inventory turnovern/a
Days inventory (DSI)n/a
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€1.30M
Fixed assets 21/28€1.25M
Tangible fixed assets 22/27€1.12M
Financial fixed assets 28€124k
Current assets 29/58€47k
Amounts receivable within one year 40/41€25k
Cash & bank 54/58€16k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.30M
Equity 10/15€218k
Contributions / capital 10/11€267k
Reserves 13€82k
Accumulated profits (losses) 14€-131k
Amounts payable 17/49€1.08M
Amounts payable after one year 17€417k
Amounts payable within one year 42/48€660k
Trade debts payable within one year 44€65k
Income statement
Gross operating margin 9900€90k
Operating result 9901€-98k
Financial income 75€0
Financial charges 65€33k
Result before taxes 9903€-131k
Income taxes 67/77€0
Net result for the period 9904€-131k
Result to be appropriated 9905€-131k
Ratios computed by Checked.
Legal Structure
NACE primary Financial services(64210)
Legal form Private limited company(610)
Incorporation11-09-2020
StatusActive
Postal code8700
Establishment units 1 location
Appelstraat 39, 8700 Tielt
Overige grafische activiteiten n.e.g.
since 20202.306.977.229
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37001D0951/00A000 Flanders 5,040 m² 1 · 194 m² -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
30-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
30-09-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
08-08-2024
State Gazette act Registered-office change
2023
14-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
15-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
Belgisch Staatsblad, acts 1 acts
Address history · 1
08-08-2024
Registered-office move
All acts · 1 updated 1 year ago
2024
08-08-2024 Registered office moved within Aarsele Registered-office change
  • Deinsesteenweg 105, 8700 Aarsele → Appelstraat 39, 8700 Aarsele
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Appelstraat 39, 8700 Aarsele",
        "city": "Aarsele",
        "region": "vlaams_gewest",
        "street": "Appelstraat",
        "country": "BE",
        "postcode": "8700",
        "box_number": null,
        "street_number": "39",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Deinsesteenweg 105, 8700 Aarsele",
        "city": "Aarsele",
        "region": "vlaams_gewest",
        "street": "Deinsesteenweg",
        "country": "BE",
        "postcode": "8700",
        "box_number": null,
        "street_number": "105",
        "locality_suffix": null
      },
      "effective_date": "2024-06-01",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2024-07-29",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2024-06-01",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0753.980.406",
    "name_full": "FLAY",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Van de Walle Pieter",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [
    "Bijlagen bij het Belgisch St\u00E4\u00E4tsblad - 08/08/2024 -Ai Annexes du Moniteur b"
  ]
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank
Activities
Holdings64200Activiteiten van holdings64210Administratieve en ondersteunende activiteiten ten behoeve van kantoren82100Diverse administratieve activiteiten ten behoeve van kantoren82110Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
Legal nameNL FLAY
Registered office
Appelstraat 39
8700 Tielt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative