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FLO & VAS

Active
Private limited companyfounded 2024active for 2 yearsFair-Play Esplanade 1, 7880 Flobecq, BelgiumKBO/BCE: BE 1011.003.680
Summary

FLO & VAS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50,446 and a net result of €47,446. Its solvency ranks better than 86% of 17,001 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

Source: KBO
Status
Active since 01-07-2024 Normal situation
Activity
Full-service restaurants NACE 56111and 2 others
Establishment unit
2.361.837.855 7880 Flobecq, since 01-07-2024
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
€67,732
Turnover
≈ €220,000
estimated
Profit
€47,446
Equity
€50,446
Total assets
€68,911
  • 2025 accounts filed 27 days after the deadline
Score breakdownraises riskFounded in 2024Sector: Food and beverage service activities (NACE 56)Size: total assets €68,911lowers riskLiquidity: current ratio 2.43, cash €33,632Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 90% of micro companies in food and beverage service (NACE 56)
Financial strength
Strong
Solvency 98
equity 73.2% of total assets
Liquidity 90
short-term debt 26.8% · cash 48.8%
Profitability 100
return on assets 68.9%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,779 companies, NACE 56, micro)
Last 24 months 08-2025: 3.9% 09-2025: 4.0%▲ +0.1 percentage points vs 08-2025 10-2025: 4.4%▲ +0.4 percentage points vs 09-2025 11-2025: 4.5%▲ +0.1 percentage points vs 10-2025 12-2025: 4.8%▲ +0.3 percentage points vs 11-2025 01-2026: 4.8%● unchanged vs 12-2025 02-2026: 5.3%▲ +0.5 percentage points vs 01-2026 03-2026: 5.2%▼ -0.1 percentage points vs 02-2026 04-2026: 5.1%▼ -0.1 percentage points vs 03-2026 05-2026: 5.1%● unchanged vs 04-2026 06-2026: 5.5%▲ +0.4 percentage points vs 05-2026 07-2026: 5.5%● unchanged vs 06-2026 08-2026: 5.5%● unchanged vs 07-2026highest value 09-2026: 0.9%▼ -4.6 percentage points vs 08-2026lowest value 10-2026: 0.9%● unchanged vs 09-2026lowest value 11-2026: 0.9%● unchanged vs 10-2026lowest value
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.43, above the usual 1.5. Short-term debt is 26.8% and cash 48.8% of total assets. 26.8% of the assets are financed with debt and provisions.
Calculation

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 56, micro). It does better than 86% of them on solvency, 91% on liquidity and 93% on profitability.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 2.43, cash €33,632
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Size: total assets €68,911
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 27 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
27 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Positive: Higher net result than 88% of companies in food and beverage servicesector median €4,882 · 16,979 companies €47,446 View

Recent changes

  1. · Gazette deed IncorporationStarting capital €3,000 · Appointments: SIAKOUDIS Vassilios (director) and DALLEMAGNE Florine (director)
All 2 events

Comparable companies

These companies have the same main activity as FLO & VAS: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €61,600 and €79,500, founded in 2024.

CompanyTotal assetsGross margin
FLO & VAS Flobecq€68,911€67,732
LE VERTIGE DES SENS Ath€70,269€76,357
ARAZ 23 Charleroi€70,860€67,237
AC Charleroi€79,461€76,981
LE TONNELET Spa€71,421€68,501
BANO Machelen (Brab.)€70,766€76,518
YANG YA Namur€61,601€68,539
Full comparison

Key facts about FLO & VAS

What is the company number of FLO & VAS?
The company number of FLO & VAS is 1011.003.680. The VAT number is the same number with BE in front: BE 1011.003.680.
Where is FLO & VAS based?
The registered office is at Fair-Play Esplanade 1, 7880 Flobecq.Company details
What does FLO & VAS do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of FLO & VAS?
The legal form of FLO & VAS is Private limited company (BV).
When was FLO & VAS founded?
FLO & VAS was founded on 01-07-2024.
Is FLO & VAS still active?
Yes, FLO & VAS is an active enterprise in the KBO register.
What is the turnover of FLO & VAS?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €67,732 and 72 comparable companies (NACE 56111). It probably lies between €180,000 and €290,000.Financials
Is FLO & VAS profitable?
In financial year 2025, FLO & VAS made a profit of €47,446.
Where can I find the annual accounts of FLO & VAS?
FLO & VAS filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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