Flogana
ActiveFlogana has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100k and a net result of €10k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 46% of 18039 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▼-16
Solvency54▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.22 in 2024; short-term debt: 60.1% and cash: 31.4% of total assets), and 70.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
29.1%
Return on assets
2.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
3 d early
2023
1 d early
2022
60 d late
2021
26 d late
2020
31 d late
2019
91 d late
← 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
€100k▲ 10.7%
2024 · €91k
2018: €79k
2019: €69k
2020: €57k
2021: €66k
2022: €75k
2023: €76k
2024: €91k
2018 → 2025
Total assets
€345k▲ 3.6%
2024 · €333k
2018: €298k
2019: €260k
2020: €278k
2021: €398k
2022: €284k
2023: €315k
2024: €333k
2018 → 2025
Net result
€10k▼ 34.9%
2024 · €15k
2018: €-7k
2019: €-10k
2020: €-12k
2021: €9k
2022: €10k
2023: €20k
2024: €15k
2018 → 2025
Working capital
€54k▲ 27.6%
2024 · €42k
2018: €-16k
2019: €-4k
2020: €-314
2021: €13k
2022: €16k
2023: €29k
2024: €42k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€66k-€75k▲ 14.8%€76k▲ 0.5%€91k▲ 19.6%€100k▲ 10.7%
Operating result€22k-€19k▼ 14.4%€29k▲ 51.7%€32k▲ 10.2%€31k▼ 3.1%
Net result€9k-€10k▲ 11.9%€20k▲ 109%€15k▼ 27.0%€10k▼ 34.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €345k
Fixed assets
€84k▼ 13.0%
Current assets
€261k▲ 10.4%
Equity and liabilities €345k
Equity
€100k▲ 10.7%
Debt
€245k▲ 1.0%
The debt ratio falls from 72.8% to 70.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50k▼
2024 · €50k
Cash flow
€29k▼
2024 · €33k
Solvency
29.1%▲
2024 · 27.2%
Current ratio
1.26▲
2024 · 1.22
Quick ratio
0.87▲
2024 · 0.69
Debt / equity
2.44▼
2024 · 2.67
ROE
9.6%▼
2024 · 16.4%
ROA
2.8%▼
2024 · 4.5%
Interest coverage
3.38▼
2024 · 4.96
Debt
€245k▲
2024 · €242k
Debt ≤ 1 year
€207k▲
2024 · €194k
Debt > 1 year
€37k▼
2024 · €48k
Income taxes
€7k▼
2024 · €7k
Staff costs
€107k▲
2024 · €90k
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€333k€345k▲
Fixed assets21/28€96k€84k▼
Tangible fixed assets22/27€96k€84k▼
Plant, machinery and equipment23€11k€8k▼
Furniture and vehicles24€2k€3k▲
Other tangible fixed assets26€84k€72k▼
Financial fixed assets28€246€246=
Current assets29/58€236k€261k▲
Stocks and contracts in progress3€102k€82k▼
Stocks30/36€102k€82k▼
Amounts receivable within one year40/41€44k€68k▲
Trade receivables40€2k€15k▲
Other amounts receivable41€41k€53k▲
Cash at bank and in hand54/58€87k€108k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€333k€345k▲
Equity10/15€91k€100k▲
Contributions10/11€42k€42k=
Reserves13€39k€49k▲
Distributable reserves133€39k€49k▲
Profit (loss) carried forward14€10k€10k▲
Amounts payable17/49€242k€245k▲
Amounts payable after more than one year17€48k€37k▼
Financial debts170/4€48k€37k▼
Amounts payable within one year42/48€194k€207k▲
Current portion of amounts payable after more than one year42€10k€17k▲
Financial debts43€2k€0▼
Credit institutions430/8€2k€0▼
Trade debts44€139k€153k▲
Suppliers440/4€139k€153k▲
Advances received on contracts in progress46€3k€0▼
Taxes, remuneration and social security45€35k€34k▼
Taxes450/3€26k€23k▼
Remuneration and social security454/9€9k€11k▲
Other amounts payable47/48€6k€3k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€90k€107k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Other operating charges640/8€10k€11k▲
Gross operating margin9900€150k€168k▲
Operating profit (loss)9901€32k€31k▼
Financial income75/76B€541€755▲
Recurring financial income75€541€755▲
Financial charges65/66B€10k€15k▲
Recurring financial charges65€10k€15k▲
Profit (loss) for the period before taxes9903€22k€17k▼
Income taxes67/77€7k€7k▼
Profit (loss) for the period9904€15k€10k▼
Profit (loss) for the period to be appropriated9905€15k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€19k▼
Profit (loss) brought forward from the previous period14P€10k€10k=
Transfer to equity691/2€15k€10k▼
To other reserves6921€15k€10k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (14 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €100k ▲10.7%
5 profitable years in a row build equity to €100k.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €20k ▲109%
Net result €20k, the highest in the series.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
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, Braine-l'Alleud · 1 establishment unit since 2012
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.
Rue du Hautmont 441421 Braine-l'AlleudGround area
4,832 m²
Building footprint
349 m²
Volume, LiDAR
2,807 m³
2 parcels, Wallonia · tallest building 20.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Tom & Co Courcelles
since 20122.211.979.189
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25078A0064/00L000 | Wallonia | 2,718 m² | 1 · 224 m² | 20.0 m · 2 fl. |
| 52015B1248/00W000indicative | Wallonia | 2,114 m² | 1 · 124 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteCourcelles2.211.979.189
Similar companies · same sector, comparable size
CORTOOS K.
BE 0466.184.374
Lubbeek · Eq €100k
ANIMAL COMPLICITY
BE 0774.403.854
Flémalle · Eq €100k
JOEHF
BE 0826.411.987
Ciney · Eq €101k
ORNIBIRD
BE 0753.456.903
Beauraing · Eq €99k
LEWIS NATURAL PET FOOD
BE 0716.907.006
Alken · Eq €103k
Of 1,329 companies in sector 47762 we hold annual accounts for 479. 384 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-08-2012
Fiscal year end31-12
Activities, NACEBEL
47762Retail sale of pets, pet food and pet supplies
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.