Turnover
The micro format states no turnover.
The micro format states no turnover.
The dashed line is the sector median: < 0.1% across 20,107 companies (NACE 69, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 69, micro). It does better than 53% of them on solvency, 69% on liquidity and 82% on profitability.
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 very low class on 30-06-2025, 0.1% 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).
In July 2024, 11,279 companies had the same profile as FLEVA has now. Each dot stands for 29 companies, two years later.
That fits the bankruptcy probability of FLEVA itself: < 0.1% within 12 months.
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 11,279 companies, not a prediction for FLEVA. 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.
Liquidity is ample, with a current ratio of 2.28, above the usual 1.5. Short-term debt is 43% and cash 80.6% of total assets. 43% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| FLEVA Aalst | €39,274 | €28,533 | 57.0% | - |
| SOLVA ADVISORY Zaventem | €36,078 | €27,267 | 64.2% | - |
| FIDUCIAIRE REMACLE Fléron | €37,579 | €32,069 | 62.4% | - |
| LVR ACCOUNTING Tournai | €40,376 | €24,420 | 33.2% | - |
| BEERNAERTS Aalst | €41,970 | €27,573 | 32.6% | - |
| FINKEY CONSULTANTS Geraardsbergen | €37,258 | €29,956 | 71.1% | - |
| BOBO Berlare | €33,500 | €34,316 | 64.9% | - |
These companies have the same main activity as FLEVA: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €33,500 and €42,000, founded in 2025.
FLEVA has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,373 and a net result of €19,373.
Its solvency ranks better than 50% of 15,824 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €70,000. Estimated: probably between €50,000 and €95,000.
Higher than 50% of 15,824 companies in 2025.
Higher than 51% of 15,596 companies in 2025.
Higher than 84% of 15,713 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
39,274 | |
21/28 |
698 | |
22/27 |
698 | |
23 |
698 | |
29/58 |
38,575 | |
40/41 |
5,414 | |
41 |
5,414 | |
54/58 |
31,650 | |
490/1 |
1,511 | |
| Balance sheet: equity and liabilities | ||
10/49 |
39,274 | |
10/15 |
22,373 | |
10/11 |
3,000 | |
13 |
19,373 | |
133 |
19,373 | |
17/49 |
16,901 | |
42/48 |
16,901 | |
44 |
2,493 | |
440/4 |
2,493 | |
45 |
14,409 | |
450/3 |
14,409 | |
| Income statement | ||
9900 |
28,533 | |
630 |
3 | |
640/8 |
60 | |
9901 |
28,469 | |
65/66B |
392 | |
65 |
392 | |
9903 |
28,078 | |
67/77 |
8,705 | |
9904 |
19,373 | |
9905 |
19,373 | |
| Appropriation of the result | ||
9906 |
19,373 | |
691/2 |
19,373 | |
6921 |
19,373 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00465744.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00465744 |
| Line | Trend | 2025 |
|---|---|---|
| 28,473 | ||
| 19,376 | ||
| 702 | ||
| 21,674 | ||
| 57.0% | ||
| 2.28 | ||
| 0.76 | ||
| 86.6% | ||
| 49.3% | ||
| 72.71 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 |
|---|---|
| Tangible fixed assets | €702 |
| €3 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Debt's share of the balance-sheet total is 43.0%.
FLEVA has no parent and no holdings in its annual accounts. VAN LONDERSELE Nico Pierre Alice is the only director. FLEVA shares no director with another company.
| Van Londersele, Nico (sole trader)
establishment since 10-03-2016 |
founded in 2016 0649.799.040 |
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Laarstraat 26 registered office 9320 Aalst | 05-08-2025 | 2.376.808.618 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 41047B0721/00A000 | 4,029 m² | 1 · 184 m² | 6.5 m · 1 |
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