FLO & VAS

Active

Private limited companyfounded 20242 yrs activeFair-Play Esplanade 1, 7880 Flobecq, BelgiumKBO/BCE: BE 1011.003.680

The computed 12-month bankruptcy probability of FLO & VAS is 3.9% (moderate). The 2025 annual accounts show equity of €50k and a net result of €47k. Its solvency ranks better than 86% of 13044 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2025

93 / 100

Excellent

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability100

Solvency100

Growth-

Stability67

Bankruptcy probability, 12 months

3.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity ample (current ratio 2.43), and 26.8% of the assets are financed with debt.

How do we compute the score and the probability?

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

73.2%

Return on assets

68.9%

Age of the figures

8 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 1 filing

Deviation from the deadline

2025

27 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2025, micro schema

Equity

€50k

Total assets

€69k

Net result

€47k

Working capital

€26k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €67k

33.2%

66.8%

Fixed assets €22k

Current assets €45k

Equity and liabilities €69k

73.2%

26.8%

Equity €50k

Debt €18k

Debt finances 26.8% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€66k

Cash flow

€54k

Solvency

73.2%

Current ratio

2.43

Quick ratio

2.20

Debt / equity

0.37

ROE

94.1%

ROA

68.9%

Interest coverage

489.63

Debt

€18k

Debt ≤ 1 year

€18k

Income taxes

€12k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€69k

Formation expenses20€2k

Fixed assets21/28€22k

Tangible fixed assets22/27€22k

Land and buildings22€6k

Plant, machinery and equipment23€3k

Furniture and vehicles24€13k

Current assets29/58€45k

Stocks and contracts in progress3€4k

Stocks30/36€4k

Amounts receivable within one year40/41€6k

Trade receivables40€3k

Other amounts receivable41€3k

Cash at bank and in hand54/58€34k

Deferred charges and accrued income490/1€752

Equity and liabilities

Total equity and liabilities10/49€69k

Equity10/15€50k

Contributions10/11€3k

Profit (loss) carried forward14€47k

Amounts payable17/49€18k

Amounts payable within one year42/48€18k

Trade debts44€4k

Suppliers440/4€4k

Taxes, remuneration and social security45€14k

Taxes450/3€14k

Other amounts payable47/48€251

Income statement Code2025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k

Other operating charges640/8€389

Non-recurring operating charges66A€1k

Gross operating margin9900€68k

Operating profit (loss)9901€59k

Financial income75/76B€195

Recurring financial income75€195

Financial charges65/66B€135

Recurring financial charges65€135

Profit (loss) for the period before taxes9903€59k

Income taxes67/77€12k

Profit (loss) for the period9904€47k

Profit (loss) for the period to be appropriated9905€47k

Appropriation of the result

Profit (loss) to be appropriated9906€47k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 1Filings 1

2026

27-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 27 days late

NBB filing

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, Flobecq · 1 establishment unit since 2024

establishment The establishment unit on the map

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.

Fair-Play Esplanade 17880 Flobecq

Ground area

1.1 ha

Building footprint

63 m²

Parcel 51019F1020/00K000, Wallonia. Linked by address, not a title deed.

1 establishment unit

FLO & VAS

Fair-Play Esplanade 1, 7880 FlobecqFull-service restaurants

since 20242.361.837.855

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
51019F1020/00K000	Wallonia	1.1 ha	1 · 63 m²	-

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.

Similar companies · same sector, comparable size

VERMEERSCH-DEPOORTERE

BE 0866.344.315

Roeselare · Eq €50k

Bar Bier Streetfoodclub

Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 9,699 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded01-07-2024

Fiscal year end31-12

Trade name FR L'EXCUSE

Activities, NACEBEL

56101Full-service restaurants

56111Full-service restaurants

56210Event catering

82300Organisation of conventions and trade shows

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.