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Flindr Labs

Active
Private limited companyfounded 20242 yrs activeTechnologiepark-Zwijnaarde 94, 9052 Gent, BelgiumKBO/BCE: BE 1014.117.578
Summary

The computed 12-month bankruptcy probability of Flindr Labs is 3.5% (moderate). The 2025 annual accounts show negative equity (-€391,098) and a net result of -€591,098. Its solvency ranks better than 6% of 58 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of basic pharmaceutical products and pharmaceutical preparations
NACE 21201Research and development on biotechnology NACE 72101
1 site
Size
€262,929total assets 2025
Staff
4.2 FTE
Equity
-€391,098
Loss
-€591,098
Turnover not published (abridged schema)
Financial health
47 Fair Checked score 2025
Bankruptcy chance 12 m
3.5%
Structure
Accounts 38 d early1 of 2 deeds read
Why 47- Negative equity -€391,098- Loss of €591,098 (FY 2025)- Size: 4.2 FTE, total assets €262,929+ Sector Manufacture of basic pharmaceutical products and pharmaceutical preparations (NACE 21)Show the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 14% of its sector peers (NACE 21, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency 0
equity -148.7% of total assets
Liquidity 19
short-term debt 225.6% · cash 14.9%
Profitability 0
return on assets -224.8%
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (154 companies)
Last 24 months 10-2025: 1.2%lowest value 11-2025: 1.2%● 0.0% vs 10-2025lowest value 12-2025: 1.3%▲ +4.0% vs 11-2025 01-2026: 1.4%▲ +7.6% vs 12-2025 02-2026: 1.5%▲ +5.7% vs 01-2026 03-2026: 1.7%▲ +11.8% vs 02-2026 04-2026: 1.7%● 0.0% vs 03-2026 05-2026: 1.8%▲ +10.3% vs 04-2026 06-2026: 1.9%▲ +2.0% vs 05-2026 07-2026: 3.3%▲ +77.9% vs 06-2026 08-2026: 3.3%● 0.0% vs 07-2026 09-2026: 3.4%▲ +4.3% vs 08-2026 10-2026: 3.5%▲ +0.5% vs 09-2026highest value
  • Negative equity -€391,098 raises the probability
  • Loss of €591,098 (FY 2025) raises the probability
  • Size: 4.2 FTE, total assets €262,929 raises the probability for this profile
  • Sector Manufacture of basic pharmaceutical products and pharmaceutical preparations (NACE 21) lowers the probability
No credit on open account
Liquidity short (current ratio 0.25; short-term debt: 225.6% and cash: 14.9% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 21, micro). Better than this share of them on solvency 10%, liquidity 19%, profitability 12%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity -€391,098
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Loss of €591,098 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Size: 4.2 FTE, total assets €262,929
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
lowers risk · Sector Manufacture of basic pharmaceutical products and pharmaceutical preparations (NACE 21)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
38 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. MiscellaneousCapital contribution · Power of…
  2. Annual accounts filedfiscal year 2025 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€391,098 View
  • Caution: Among the weakest 5% on equitysector median €422,012 · 58 companies -€391,098 View
  • Flemish supportawarded 2025 €669,571 View

By topic

Financials

Fiscal year
2025
Total assets
€262,929
Loss
-€591,098
Solvency
-148.7%
Go to Financials

Timeline

Events
2
Since
2026
  1. 25-06-2026Miscellaneous
  2. 23-06-2026Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of basic pharmaceutical products and pharmaceutical preparationsNACE 21201
Founded
25-09-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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