Flo Service
ActiveThe computed 12-month bankruptcy probability of Flo Service is 3.6% (moderate). The 2025 annual accounts show equity of €86k and a net result of €53k. Equity is growing by ~44.3% per year across the filed fiscal years. Its solvency ranks better than 67% of 469 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency77▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.44 in 2024; short-term debt: 34.4% and cash: 46% of total assets), and 48% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Sector 53
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52%
Return on assets
32.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
14 d late
2024
22 d late
2023
30 d late
2022
32 d late
2021
31 d late
2020
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€86k▲ 162%
2024 · €33k
2020: €13k
2021: €11k
2022: €14k
2023: €14k
2024: €33k
2020 → 2025
Total assets
€165k▲ 133%
2024 · €71k
2020: €14k
2021: €16k
2022: €19k
2023: €33k
2024: €71k
2020 → 2025
Net result
€53k▲ 179%
2024 · €19k
2020: €11k
2021: €-2k
2022: €3k
2023: €145
2024: €19k
2020 → 2025
Working capital
€40k▲ 139%
2024 · €17k
2020: €13k
2021: €11k
2022: €14k
2023: €13k
2024: €17k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€14k▲ 24.9%€14k▲ 1.1%€33k▲ 138%€86k▲ 162%
Operating result€4k-€6k▲ 48.6%€-1k€26k€72k▲ 177%
Net result€-2k-€3k€145▼ 94.7%€19k▲ 12,994%€53k▲ 179%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 177% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €165k
Fixed assets
€68k▲ 328%
Current assets
€97k▲ 76.6%
Equity and liabilities €165k
Equity
€86k▲ 162%
Debt
€79k▲ 108%
The debt ratio falls from 53.8% to 48.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€80k▲
2024 · €29k
Cash flow
€61k▲
2024 · €22k
Solvency
52.0%▲
2024 · 46.2%
Current ratio
1.71▲
2024 · 1.44
Quick ratio
1.71▲
2024 · 1.44
Debt / equity
0.92▼
2024 · 1.16
ROE
61.8%▲
2024 · 58.0%
ROA
32.1%▲
2024 · 26.8%
Interest coverage
105.65
Debt
€79k▲
2024 · €38k
Debt ≤ 1 year
€57k▲
2024 · €38k
Debt > 1 year
€22k
Income taxes
€18k▲
2024 · €7k
Staff costs
€100k▲
2024 · €54k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€71k€165k▲
Fixed assets21/28€16k€68k▲
Tangible fixed assets22/27€16k€68k▲
Furniture and vehicles24€16k€68k▲
Current assets29/58€55k€97k▲
Amounts receivable within one year40/41€13k€21k▲
Trade receivables40€13k€21k▲
Cash at bank and in hand54/58€42k€76k▲
Equity and liabilities
Total equity and liabilities10/49€71k€165k▲
Equity10/15€33k€86k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€31k€84k▲
Amounts payable17/49€38k€79k▲
Amounts payable after more than one year17-€22k
Financial debts170/4-€22k
Amounts payable within one year42/48€38k€57k▲
Current portion of amounts payable after more than one year42-€7k
Trade debts44€10k€4k▼
Suppliers440/4€10k€4k▼
Taxes, remuneration and social security45€20k€42k▲
Taxes450/3€14k€34k▲
Remuneration and social security454/9€6k€8k▲
Other amounts payable47/48€8k€5k▼
Income statement
Code20242025
Remuneration, social security and pensions62€54k€100k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€8k▲
Other operating charges640/8-€1k
Gross operating margin9900€83k€181k▲
Operating profit (loss)9901€26k€72k▲
Financial charges65/66B-€755
Recurring financial charges65-€755
Profit (loss) for the period before taxes9903€26k€71k▲
Income taxes67/77€7k€18k▲
Profit (loss) for the period9904€19k€53k▲
Profit (loss) for the period to be appropriated9905€19k€53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€84k▲
Profit (loss) brought forward from the previous period14P€12k€31k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
2025
31-12
Financial
Highest result since 2020net €53k ▲179%
Operating result €72k, net result €53k, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-2k ▼117%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ledebaan 2479300 AalstGround area
480 m²
Building footprint
100 m²
Volume, LiDAR
825 m³
Parcel 41302C0777/00V000, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Flo Service
since 20192.348.621.903
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41302C0777/00V000 | Flanders | 480 m² | 1 · 100 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,908 companies in sector 53200 we hold annual accounts for 1,329. 1,060 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2019
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
53200Other postal and courier activities
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.floservice.be
E-mail:flo.service@outlook.com