Skip to content

FLEGO

Active
Private limited companyfounded 2005active for 21 yearsSint-Anna(Kor) 2, 8500 Kortrijk, BelgiumKBO/BCE: BE 0876.412.024
Summary

FLEGO has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.0m and a net result of -€104,430. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 51% of 9,771 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Risk analysisFollow ReportCompare
FLEGOActiveChecked score 65/100
Risk analysis ReportCompare

Overview

Activity
Agents in the wholesale of food, beverages and tobacco
NACE 46170Full-service restaurants NACE 56111
1 site
Size
€6.9mtotal assets 2025
Staff
2.5 FTE
Equity
€3.0m
Loss
-€104,430
Turnover not published (abbreviated or micro format)
Financial health
65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Structure
Holdings
7
2025 accounts filed 77 days late2 of 5 deeds summarised
Why 65raises riskLiquidity: current ratio 2.30, cash €1,289Last filed accounts filed 77 days late; 3 of the last 3 latelowers riskFounded in 2005Size: 2.5 FTE, total assets €6.9mShow the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 40% of its sector peers (NACE 46, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 69-5
equity 44.2% of total assets
Liquidity 50=
short-term debt 7.2% · cash 0.0%
Profitability 17-16
return on assets -1.5%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,881 companies, NACE 46, micro)
Last 24 months 11-2024: 2.1% 12-2024: 2.2%▲ +0.1 percentage points vs 11-2024 01-2025: 2.2%● unchanged vs 12-2024 02-2025: 2.2%● unchanged vs 01-2025 03-2025: 2.2%● unchanged vs 02-2025 04-2025: 2.2%● unchanged vs 03-2025 05-2025: 2.4%▲ +0.2 percentage points vs 04-2025 06-2025: 2.5%▲ +0.1 percentage points vs 05-2025 07-2025: 2.6%▲ +0.1 percentage points vs 06-2025 08-2025: 3.3%▲ +0.7 percentage points vs 07-2025 09-2025: 4.0%▲ +0.7 percentage points vs 08-2025 10-2025: 6.0%▲ +2.0 percentage points vs 09-2025highest value 11-2025: 2.0%▼ -4.0 percentage points vs 10-2025 12-2025: 2.0%● unchanged vs 11-2025 01-2026: 2.0%● unchanged vs 12-2025 02-2026: 2.0%● unchanged vs 01-2026 03-2026: 1.1%▼ -0.9 percentage points vs 02-2026 04-2026: 1.0%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 1.1%▲ +0.1 percentage points vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.8%▲ +0.7 percentage points vs 07-2026 09-2026: 2.0%▲ +0.2 percentage points vs 08-2026 10-2026: 1.2%▼ -0.8 percentage points vs 09-2026
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.3, compared with 4.43 in 2024, above the usual 1.5; short-term debt: 7.2% and cash: 0% of total assets), but 55.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 52% on solvency, 53% on liquidity, 21% on profitability and 33% on growth.

The bankruptcy probability was computed on 27-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 2.30, cash €1,289
NBB · annual accounts
raises risk · Last filed accounts filed 77 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 2005
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: 2.5 FTE, total assets €6.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 2025 accounts filed 77 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-10-2026, 77 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 · 10 filings
Deviation from the deadline
2025
77 days late
2024
61 days late
2023
68 days late
2022
31 days late
2021
88 days late
2020
23 days late
2019
59 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 58 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2025 -€104,430 View
  • Caution: Result fell in 2025from -€4,652 to -€104,430 ▼ 2,145% View
  • Caution: Among the weakest 7% on net resultsector median €26,870 · 9,750 companies -€104,430 View
  • Caution: Latest accounts filed lateafter the legal deadline 77 days View
  • Heads a groupcompanies controlled 7 View

By topic

Financials

Financial year
2025
Total assets
€6.9m
Loss
-€104,430
Solvency
44.2%
Total assets▲ 6.9%
Net result
20182025
Go to Financials

Timeline

Events
27
Since
2007
Next accounts
by 31-07-2027
  1. 20-06-2024Resignations: Valery Buyse (director) and Alexis Maes…
  2. 23-02-2024Resignation: Rudiger Maes (director)
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Agents in the wholesale of food, beverages and…NACE 46170
Founded
03-10-2005
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
16
Who signs
Each director alone
Annual meeting
Last Saturday of May at 11:00
Purpose
“Restauratie,feestzalen,traiteurdiensten,frituren en snackgelegenheden; Drank,pub- of…” (deed in Dutch)
Go to Articles of association

Key facts about FLEGO

What is the company number of FLEGO?
0876.412.024. In Belgium the VAT number is the company number with BE in front: BE 0876.412.024.
Where is FLEGO based?
The registered office is at Sint-Anna(Kor) 2, 8500 Kortrijk.Company details
What does FLEGO do?
According to the KBO register, the main activity is agents in the wholesale of food, beverages and tobacco (NACE 46170).
What is the legal form of FLEGO?
Private limited company (BV).
When was FLEGO founded?
On 03-10-2005.
Is FLEGO still active?
Yes, FLEGO is an active enterprise in the KBO register.
How many employees does FLEGO have?
On average 2.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FLEGO?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is FLEGO profitable?
In financial year 2025, FLEGO made a loss of €104,430.
Where can I find the annual accounts of FLEGO?
FLEGO filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FLEGO due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to FLEGO

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies How does this company compare with its sector?Sector benchmark

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure