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FLOLEX

Active
Private limited companyfounded 201510 yrs activeSint-Alfonsusstraat 34, 8800 Roeselare, BelgiumKBO/BCE: BE 0641.815.544
Summary

The computed 12-month bankruptcy probability of FLOLEX is 2.2% (moderate). The 2025 annual accounts show negative equity (-€12,531) and a net result of -€37,733. Equity is shrinking by ~42.6% per year across the filed fiscal years. Its solvency ranks better than 24% of 13560 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability8▼-28
Solvency22▼-8
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 0.81 in 2024; short-term debt: 55.8% and cash: 1.5% of total assets), and equity is negative.
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Signals

Four signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-2.8%
Return on assets
-8.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€12,531
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 4 filings
Deviation from the deadline
2025
30 d late
2024
31 d late
2023
30 d late
2022
358 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 112 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 22 October 2015, FLOLEX was incorporated.1 Total assets went from EUR 518,785 in 2022 to EUR 449,601 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€12,531
2024 · €25,202
Total assets
€449,601▼ 7.1%
2024 · €483,951
Net result
-€37,733▼ 1,049%
2024 · -€3,285
Working capital
-€242,855▼ 2,297%
2024 · -€10,130
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result-€5,646-€348€5,669▲ 1,527%-€29,289
Net result-€7,114within the sector's middle half--€6,898within the sector's middle half▲ 3.0%-€3,285within the sector's middle half▲ 52.4%-€37,733below the sector's middle half▼ 1,049%
Equity€35,385within the sector's middle half-€28,487within the sector's middle half▼ 19.5%€25,202within the sector's middle half▼ 11.5%-€12,531below the sector's middle half
Total assets€518,785above the sector's middle half-€485,789above the sector's middle half▼ 6.4%€483,951above the sector's middle half▼ 0.4%€449,601above the sector's middle half▼ 7.1%
Debt€483,400-€457,302▼ 5.4%€458,749▲ 0.3%€462,132▲ 0.7%
Working capital-€9,882--€3,587▲ 63.7%-€10,130▼ 182%-€242,855▼ 2,297%
Solvency6.8%within the sector's middle half-5.9%within the sector's middle half▼ 1.0pp5.2%within the sector's middle half▼ 0.7pp-2.8%below the sector's middle half▼ 8.0pp
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0Operating result 2022: -€5,646-€5,646Net result 2022: -€7,114-€7,114Operating result 2023: €348€348Net result 2023: -€6,898-€6,898Operating result 2024: €5,669€5,669Net result 2024: -€3,285-€3,285Operating result 2025: -€29,289-€29,289Net result 2025: -€37,733-€37,7332022202320242025-€40,000-€20,000€0Operating result 2023: €348€348Net result 2023: -€6,898-€6,900Operating result 2024: €5,669€5,670Net result 2024: -€3,285-€3,280Operating result 2025: -€29,289-€29,300Net result 2025: -€37,733-€37,700202320242025
The operating result turns negative in 2025: a loss of €29,289 after €5,669 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €449,601
Fixed assets €441,554 =
Current assets €8,047 ▼ 81.0%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€29,289▼
2024 · €20,532
Cash flow
-€37,733▼
2024 · €11,578
Current ratio
0.03▼
2024 · 0.81
Debt to equity
-36.88▼
2024 · 18.20
ROA
-8.4%▼
2024 · -0.7%
Interest coverage
-3.46▼
2024 · 2.21
Debt ≤ 1 year
€250,902▲
2024 · €52,472
Debt > 1 year
€211,230▼
2024 · €406,277
Staff costs
€0▼
2024 · €163
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,338 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a small loss
2.5% went bankrupt
5.6% stopped otherwise
90% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,338 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€483,951€449,601▼
Fixed assets21/28€441,609€441,554=
Tangible fixed assets22/27€437,903€437,903=
Land and buildings22€376,306€376,306=
Plant, machinery and equipment23€61,596€61,596=
Furniture and vehicles24€0-
Financial fixed assets28€3,706€3,651▼
Current assets29/58€42,342€8,047▼
Stocks and contracts in progress3€5,458€0▼
Stocks30/36€5,458€0▼
Amounts receivable within one year40/41€30,403€1,483▼
Trade receivables40€29,256€330▼
Other amounts receivable41€1,147€1,154▲
Cash at bank and in hand54/58€5,729€6,564▲
Deferred charges and accrued income490/1€752€0▼
Equity and liabilities
Total equity and liabilities10/49€483,951€449,601▼
Equity10/15€25,202-€12,531▼
Contributions10/11€23,000€23,000=
Reserves13€9,000€9,000=
Distributable reserves133€9,000€9,000=
Profit (loss) carried forward14-€6,798-€44,531▼
Amounts payable17/49€458,749€462,132▲
Amounts payable after more than one year17€406,277€211,230▼
Financial debts170/4€406,277€211,230▼
Amounts payable within one year42/48€52,472€250,902▲
Current portion of amounts payable after more than one year42€15,780€5,412▼
Trade debts44€727€4,039▲
Suppliers440/4€727€4,039▲
Advances received on contracts in progress46€32,890€11,374▼
Taxes, remuneration and social security45€2,951€1,139▼
Taxes450/3€2,951€1,139▼
Remuneration and social security454/9€0-
Other amounts payable47/48€123€228,937▲
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Remuneration, social security and pensions62€163€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,863€0▼
Other operating charges640/8€2,661€7,547▲
Gross operating margin9900€23,356-€21,742▼
Operating profit (loss)9901€5,669-€29,289▼
Financial income75/76B€337€32▼
Recurring financial income75€337€32▼
Financial charges65/66B€9,291€8,476▼
Recurring financial charges65€9,291€8,476▼
Profit (loss) for the period before taxes9903-€3,285-€37,733▼
Income taxes67/77€0-
Profit (loss) for the period9904-€3,285-€37,733▼
Profit (loss) for the period to be appropriated9905-€3,285-€37,733▼
Appropriation of the result
Profit (loss) to be appropriated9906-€6,798-€44,531▼
Profit (loss) brought forward from the previous period14P-€3,513-€6,798▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Remuneration, social security and pensions62€4,159€0€163€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,066€26,519€14,863€0▼ 100%
Other operating charges640/8€1,607€2,551€2,661€7,547▲ 184%
Gross operating margin9900€17,186€29,418€23,356-€21,742▼ 193%
Operating profit (loss)9901-€5,646€348€5,669-€29,289▼ 617%
Financial income75/76B€528€55€337€32▼ 90.7%
Recurring financial income75€528€55€337€32▼ 90.7%
Financial charges65/66B€1,706€7,591€9,291€8,476▼ 8.8%
Recurring financial charges65€1,706€7,591€9,291€8,476▼ 8.8%
Profit (loss) for the period before taxes9903-€6,824-€7,188-€3,285-€37,733▼ 1,049%
Income taxes67/77€290-€290€0--
Profit (loss) for the period9904-€7,114-€6,898-€3,285-€37,733▼ 1,049%
Profit (loss) for the period to be appropriated9905-€7,114-€6,898-€3,285-€37,733▼ 1,049%
Line2022202320242025Change
Assets
Total assets20/58€518,785€485,789€483,951€449,601▼ 7.1%
Fixed assets21/28€483,387€456,798€441,609€441,554=
Tangible fixed assets22/27€479,284€452,765€437,903€437,903=
Land and buildings22€388,151€376,843€376,306€376,306=
Plant, machinery and equipment23€88,638€75,117€61,596€61,596=
Furniture and vehicles24€2,496€806€0--
Financial fixed assets28€4,102€4,033€3,706€3,651▼ 1.5%
Current assets29/58€35,399€28,991€42,342€8,047▼ 81.0%
Stocks and contracts in progress3€6,502€9,854€5,458€0▼ 100%
Stocks30/36€6,502€9,854€5,458€0▼ 100%
Amounts receivable within one year40/41€7,862€9,096€30,403€1,483▼ 95.1%
Trade receivables40€6,913€6,847€29,256€330▼ 98.9%
Other amounts receivable41€948€2,249€1,147€1,154▲ 0.6%
Cash at bank and in hand54/58€19,969€8,053€5,729€6,564▲ 14.6%
Deferred charges and accrued income490/1€1,066€1,989€752€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€518,785€485,789€483,951€449,601▼ 7.1%
Equity10/15€35,385€28,487€25,202-€12,531▼ 150%
Contributions10/11€23,000€23,000€23,000€23,000=
Reserves13€9,000€9,000€9,000€9,000=
Distributable reserves133€9,000€9,000€9,000€9,000=
Profit (loss) carried forward14€3,385-€3,513-€6,798-€44,531▼ 555%
Amounts payable17/49€483,400€457,302€458,749€462,132▲ 0.7%
Amounts payable after more than one year17€436,823€423,427€406,277€211,230▼ 48.0%
Financial debts170/4€436,823€423,427€406,277€211,230▼ 48.0%
Amounts payable within one year42/48€45,280€32,578€52,472€250,902▲ 378%
Current portion of amounts payable after more than one year42€19,235€12,296€15,780€5,412▼ 65.7%
Trade debts44€17,133€8,491€727€4,039▲ 455%
Suppliers440/4€17,133€8,491€727€4,039▲ 455%
Advances received on contracts in progress46--€32,890€11,374▼ 65.4%
Taxes, remuneration and social security45€8,645€11,686€2,951€1,139▼ 61.4%
Taxes450/3€6,045€11,636€2,951€1,139▼ 61.4%
Remuneration and social security454/9€2,600€50€0--
Other amounts payable47/48€267€105€123€228,937▲ 185,470%
Accrued charges and deferred income492/3€1,297€1,297€0--
Line2022202320242025Change
Profit (loss) for the period9904-€7,114-€6,898-€3,285-€37,733▼ 1,049%
+ Depreciation and write-downs630€17,066€26,519€14,863€0▼ 100%
Operating cash flow (approximation)€9,952€19,621€11,578-€37,733▼ 426%
Investment in fixed assets (approximation)-€70€326€55▼ 83.0%
Change in cash--€11,916-€2,323€834▲ 136%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial Weakest financial yearnet -€37,733
Net result drops to -€37,733, the lowest in the series.
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
23-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 358 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 acts for this company are 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, Roeselare · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
184 m²
Building footprint
97 m²
Volume, LiDAR
623 m³
Parcel 36502B0083/00L002, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bruneel Foods
Sint-Alfonsusstraat 34, 8800 RoeselareAgents specialised in the wholesale of other particular products
since 20152.246.707.268
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36502B0083/00L002 Flanders 184 m² 1 · 97 m² 11.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. 8,290 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded22-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.