FLIXBY
ActiveFinancials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 January 2026 The financial year closed on 30 June 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 5 November 2026.
Annual accounts 2024 filed on 18-01-2026 PDF all 3 filings
Turnover
€8,500
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
-€25,526▲ 41.7%
2023 · -€43,803
Working capital
-€18,256▼ 251%
2023 · -€5,202
Multi-year overview
2022 to 2024, 3 financial yearsTurnover
€8,500
2024
20222024
Operating result
-€25,316
▲ 39.0%
2024
20222024
Net result
-€25,526
▲ 41.7%
2024
lowest quarter of the sector
20222024
Equity
€10,690
▼ 70.5%
2024
middle half of the sector
20222024
Total assets
€86,145
▼ 23.5%
2024
middle half of the sector
20222024
Debt
€75,455
▼ 1.1%
2024
20222024
Working capital
-€18,256
▼ 251%
2024
lowest quarter of the sector
20222024
Solvency
12.4%
▼ 19.8pp
2024
middle half of the sector
20222024
Current ratio
0.17
▼ 0.60
2024
lowest quarter of the sector
20222024
Return on assets (ROA)
-29.6%
▲ 9.3pp
2024
lowest quarter of the sector
20222024
Staff (FTE)
no figure
2024
20222024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202220232024
Turnover€8,500
Operating result-€19,978--€41,501▼ 108%-€25,316▲ 39.0%
Net result-€19,981below the sector's middle half--€43,803below the sector's middle half▼ 119%-€25,526below the sector's middle half▲ 41.7%
Equity-€4,981below the sector's middle half-€36,215within the sector's middle half€10,690within the sector's middle half▼ 70.5%
Total assets€51,585below the sector's middle half-€112,546within the sector's middle half▲ 118%€86,145within the sector's middle half▼ 23.5%
Debt€56,566-€76,331▲ 34.9%€75,455▼ 1.1%
Working capital-€35,860below the sector's middle half--€5,202within the sector's middle half▲ 85.5%-€18,256below the sector's middle half▼ 251%
Solvency-9.7%below the sector's middle half-32.2%within the sector's middle half▲ 41.8pp12.4%within the sector's middle half▼ 19.8pp
Current ratio0.37below the sector's middle half-0.77below the sector's middle half▲ 0.410.17below the sector's middle half▼ 0.60
Return on assets (ROA)-38.7%below the sector's middle half--38.9%below the sector's middle half▼ 0.2pp-29.6%below the sector's middle half▲ 9.3pp
Staff (FTE)0.2-0.3▲ 50.0%
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is a loss of €25,316, smaller than the loss of €41,501 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €80,958
Fixed assets
€77,118 ▼ 12.4%
Current assets
€3,840 ▼ 78.3%
Equity and liabilities €86,145
Equity
€10,690 ▼ 70.5%
Debt
€75,455 ▼ 1.1%
Debt's share of the balance-sheet total rises from 67.8% to 87.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€12,927▲
2023 · -€30,262
Cash flow
-€13,137▲
2023 · -€32,565
Debt to equity
7.06▲
2023 · 2.11
ROE
-238.8%▼
2023 · -121.0%
Interest coverage
-61.59▼
2023 · -12.98
Debt ≤ 1 year
€22,096▼
2023 · €22,922
Debt > 1 year
€52,723=
2023 · €52,723
Customer credit
14 days
Supplier credit
256 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-06-2022 | 30-06-2023 |
|---|---|---|
| Average over the year, in full-time equivalents | 0.1 | 0.3 |
| Joined | 1 | 1 |
| Left | 1 | 1 |
| Training hours | 7 | - |
Source: social balance sheet in the 2022 to 2023 annual accounts
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 |
|---|---|---|---|
| Tangible fixed assets | €440 | €2,661 | - |
| Intangible fixed assets | €33,336 | €64,744 | - |
| Financial fixed assets | €553 | - | - |
| Depreciation and write-downs of the year | €3,451 | €11,239 | €12,389 |
Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Turnover70 | - | - | €8,500 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €21,294 | - |
| Remuneration, social security and pensions62 | €3,793 | €8,767 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,451 | €11,239 | €12,389 | ▲ 10.2% |
| Other operating charges640/8 | €348 | €372 | €133 | ▼ 64.3% |
| Gross operating margin9900 | -€12,386 | -€21,123 | -€12,794 | ▲ 39.4% |
| Operating profit (loss)9901 | -€19,978 | -€41,501 | -€25,316 | ▲ 39.0% |
| Financial income75/76B | €21 | €41 | - | - |
| Recurring financial income75 | €21 | €41 | - | - |
| Financial charges65/66B | €24 | €2,332 | €210 | ▼ 91.0% |
| Recurring financial charges65 | €24 | €2,332 | €210 | ▼ 91.0% |
| Profit (loss) for the period before taxes9903 | -€19,981 | -€43,792 | -€25,526 | ▲ 41.7% |
| Income taxes67/77 | - | €11 | - | - |
| Profit (loss) for the period9904 | -€19,981 | -€43,803 | -€25,526 | ▲ 41.7% |
| Profit (loss) for the period to be appropriated9905 | -€19,981 | -€43,803 | -€25,526 | ▲ 41.7% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €51,585 | €112,546 | €86,145 | ▼ 23.5% |
| Formation expenses20 | - | €6,743 | €5,187 | ▼ 23.1% |
| Fixed assets21/28 | €30,878 | €88,084 | €77,118 | ▼ 12.4% |
| Intangible fixed assets21 | €30,002 | €84,938 | €75,130 | ▼ 11.5% |
| Tangible fixed assets22/27 | €323 | €2,593 | €1,435 | ▼ 44.6% |
| Furniture and vehicles24 | €323 | €2,593 | €1,435 | ▼ 44.6% |
| Financial fixed assets28 | €553 | €553 | €553 | = |
| Current assets29/58 | €20,707 | €17,719 | €3,840 | ▼ 78.3% |
| Amounts receivable within one year40/41 | €19,511 | €1,766 | €583 | ▼ 67.0% |
| Trade receivables40 | €18,750 | €0 | €315 | - |
| Other amounts receivable41 | €761 | €1,766 | €268 | ▼ 84.8% |
| Cash at bank and in hand54/58 | €1,100 | €15,953 | €3,189 | ▼ 80.0% |
| Deferred charges and accrued income490/1 | €95 | €0 | €67 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €51,585 | €112,546 | €86,145 | ▼ 23.5% |
| Equity10/15 | -€4,981 | €36,215 | €10,690 | ▼ 70.5% |
| Contributions10/11 | €15,000 | €100,000 | €100,000 | = |
| Profit (loss) carried forward14 | -€19,981 | -€63,785 | -€89,310 | ▼ 40.0% |
| Amounts payable17/49 | €56,566 | €76,331 | €75,455 | ▼ 1.1% |
| Amounts payable after more than one year17 | - | €52,723 | €52,723 | = |
| Financial debts170/4 | - | €52,723 | €52,723 | = |
| Amounts payable within one year42/48 | €56,566 | €22,922 | €22,096 | ▼ 3.6% |
| Financial debts43 | - | - | €260 | - |
| Credit institutions430/8 | - | - | €260 | - |
| Trade debts44 | €27,663 | €22,538 | €14,918 | ▼ 33.8% |
| Suppliers440/4 | €27,663 | €22,538 | €14,918 | ▼ 33.8% |
| Taxes, remuneration and social security45 | - | - | €398 | - |
| Remuneration and social security454/9 | - | - | €398 | - |
| Other amounts payable47/48 | €28,903 | €384 | €6,519 | ▲ 17× |
| Accrued charges and deferred income492/3 | - | €687 | €637 | ▼ 7.3% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,981 | -€43,803 | -€25,526 | ▲ 41.7% |
| + Depreciation and write-downs630 | €3,451 | €11,239 | €12,389 | ▲ 10.2% |
| Operating cash flow (approximation) | -€16,531 | -€32,565 | -€13,137 | ▲ 59.7% |
| Investment in fixed assets (approximation) | - | -€68,444 | -€1,424 | ▲ 97.9% |
| Change in cash | - | €14,853 | -€12,764 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.