Equity
-€10,337
Debts exceed assets in financial year 2025.
FLESSENGELUK
Lifetime
20 annual accounts with figures on one time axis, 23 filings since 2003peak €54,388 (2007)
-€8,360▲ €7,519
lowest -€30,655 (2017)
-€9,016▲ €8,691
peak €26,911 (2021)
-€10,337▼ €9,016
€42,344▼ 3.8%
Board1 name since 2014
1 directorNIJS,Patrick
Documentsfilings and deeds
15-10-202676 days late
2025micro format
Gross margin from -€15,879 to -€8,360Loss of €9,016Equity from -€1,321 to -€10,337Cash from €79 to €4,426
Key points
from the 2025 annual accountsLosses
-€37,248 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€42,344 132% of the balance sheet
Suppliers 21%Taxes and wages 1%Other 78%
2025 accounts filed 76 days after the deadlineTurnover not published (micro format)
Checked score
52
Fair
Financially stronger than 7% of micro companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.3%
01-2025: 4.7%▲ +2.4 percentage points vs 12-2024
02-2025: 3.8%▼ -0.9 percentage points vs 01-2025
03-2025: 3.8%● unchanged vs 02-2025
04-2025: 3.9%▲ +0.1 percentage points vs 03-2025
05-2025: 3.6%▼ -0.3 percentage points vs 04-2025
06-2025: 3.5%▼ -0.1 percentage points vs 05-2025
07-2025: 3.9%▲ +0.4 percentage points vs 06-2025
08-2025: 4.3%▲ +0.4 percentage points vs 07-2025
09-2025: 4.2%▼ -0.1 percentage points vs 08-2025
10-2025: 5.0%▲ +0.8 percentage points vs 09-2025highest value
11-2025: 3.2%▼ -1.8 percentage points vs 10-2025
12-2025: 3.1%▼ -0.1 percentage points vs 11-2025
01-2026: 3.1%● unchanged vs 12-2025
02-2026: 3.1%● unchanged vs 01-2026
03-2026: 3.1%● unchanged vs 02-2026
04-2026: 3.1%● unchanged vs 03-2026
05-2026: 3.1%● unchanged vs 04-2026
06-2026: 3.1%● unchanged vs 05-2026
07-2026: 3.4%▲ +0.3 percentage points vs 06-2026
08-2026: 4.1%▲ +0.7 percentage points vs 07-2026
09-2026: 3.9%▼ -0.2 percentage points vs 08-2026
10-2026: 1.7%▼ -2.2 percentage points vs 09-2026lowest value
11-2026: 1.7%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €9,016, the second in a row (financial year 2025)
Last filed accounts filed 76 days late; 3 of the last 3 accounts late
lowers risk
Size: total assets €32,007
Founded in 1997
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 46, micro). It does better than 6% of them on solvency, 17% on liquidity, 6% on profitability and 1% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-12-2025.
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, 6,619 companies had the same profile as FLESSENGELUK has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FLESSENGELUK itself: 1.7% within 12 months.
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 6,619 companies, not a prediction for FLESSENGELUK. 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 credit on open account
Liquidity is insufficient, with a current ratio of 0.76 (0.97 in 2024), below 1. Short-term debt is 132.3% and cash 13.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€10,337
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 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 filingsDeviation from the deadline
2025
76 days late
2024
69 days late
2023
184 days late
2022
29 days late
2021
31 days late
2020
100 days late
2019
122 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 87 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 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 accounts filed within 40 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0460225903
Resignation: NIJS, Patrick (manager)
Reappointment: NIJS, Patrick (director) · General meeting of 20-12-2023 · Gazette deed
First establishment
Vleminckstraat 5, Antwerp
Incorporation
published on 03-04-1997 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FLESSENGELUK Antwerp | €32,007 | -€8,360 | -32.3% | - |
| DE BRON Bree | €28,938 | -€2,301 | -1.9% | - |
| DOMEIN PAEPEHOF Antwerp | €29,540 | €1,522 | 87.9% | 0 |
| ELKIPOR Lokeren | €47,479 | -€10,783 | 97.4% | - |
| DE BOETELING Veurne | €42,875 | -€146 | 38.6% | - |
| BIERHANDEL PAUWAERT Knokke-Heist | €49,213 | -€6,170 | 37.8% | - |
| BIERHANDEL E. LUYTEN Schilde | €54,293 | €1,702 | 93.3% | - |
These companies have the same main activity as FLESSENGELUK: wholesale of beverages, general range (NACE 46349). They are comparable in size and age: total assets between €28,900 and €54,300, founded between 1985 and 2005.
Official details
Source: KBO- Status
- Active since 24-03-1997Normal situation
- Activity
- Wholesale of beverages, general rangeNACE 46349and 4 others
- Establishment unit
- 2.081.012.5612000 Antwerp, since 17-02-1999
- Financial year end
- 31 December
- Peppol
- Reachable since 17-06-2025
Insights on FLESSENGELUK
FLESSENGELUK files the micro format. That format states no turnover. The gross margin fell from €11,829 in 2006 to -€8,360 in 2025.
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 FLESSENGELUK
- What is the company number of FLESSENGELUK?
- The company number of FLESSENGELUK is 0460.225.903. The VAT number is the same number with BE in front: BE 0460.225.903.
- Where is FLESSENGELUK based?
- The registered office is at Vleminckstraat 5, 2000 Antwerp.Company details
- What does FLESSENGELUK do?
- According to the KBO register, the main activity is wholesale of beverages, general range (NACE 46349).
- What is the legal form of FLESSENGELUK?
- FLESSENGELUK is a private limited company (BV).
- When was FLESSENGELUK founded?
- FLESSENGELUK was founded on 24-03-1997.
- Is FLESSENGELUK still active?
- Yes, FLESSENGELUK is an active enterprise in the KBO register.
- What is the turnover of FLESSENGELUK?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is FLESSENGELUK profitable?
- In financial year 2025, FLESSENGELUK made a loss of €9,016.
- Where can I find the annual accounts of FLESSENGELUK?
- FLESSENGELUK filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FLESSENGELUK due?
- FLESSENGELUK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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