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Floorify

Active
Public limited companyfounded 2016active for 10 yearsKwadestraat 151, 8800 Roeselare, Belgium10 active companies are registered at this addressKBO/BCE: BE 0655.893.511
Summary

The computed 12-month bankruptcy probability of Floorify is 1.5% (moderate). The 2025 annual accounts show equity of €1.2m and a net result of -€438,825. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 12% of 6,075 sector peers (NACE 46, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Wholesale trade
NACE 46835Wholesale of construction materials, general range NACE 46831
1 site
Size
€22.1mturnover 2025
Staff
36.5 FTE
Equity
€1.2m
Loss
-€438,825
Financial health
61 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Structure
Largest shareholder
MAPIDE · 13.1%
Holdings
2
  • MAPIDEDirector · permanent representative Pieterjan DESMET
Accounts 2 days early3 of 8 deeds read
Why 61raises riskLiquidity: current ratio 1.04, cash €175,547Equity €1.2m (8.6% of total assets)1 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed 29-07-2026)Show the evidence

Checked score

Score 2025
61 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 21% of its sector peers (NACE 46, small)
Financial strength · tick = 2024
Weak
Solvency 34-5
equity 8.6% of total assets
Liquidity 17-1
short-term debt 65.9% · cash 1.2%
Profitability 41-3
return on assets -3.1%
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,380 companies, NACE 46, small)
Last 24 months 11-2024: 1.0%lowest value 12-2024: 1.0%● unchanged vs 11-2024lowest value 01-2025: 1.0%● unchanged vs 12-2024lowest value 02-2025: 1.0%● unchanged vs 01-2025lowest value 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.1%▲ +0.1 percentage points vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.2%▲ +0.1 percentage points vs 05-2025 07-2025: 1.4%▲ +0.2 percentage points vs 06-2025 08-2025: 1.2%▼ -0.2 percentage points vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.6%▲ +0.4 percentage points vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.6%● unchanged vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 1.7%▲ +0.1 percentage points vs 03-2026 05-2026: 2.0%▲ +0.3 percentage points vs 04-2026 06-2026: 2.1%▲ +0.1 percentage points vs 05-2026 07-2026: 2.2%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 1.6%▼ -0.6 percentage points vs 07-2026 09-2026: 1.5%▼ -0.1 percentage points vs 08-2026 10-2026: 1.5%● unchanged vs 09-2026
Credit of up to €70,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.04, compared with 1.11 in 2024, below the usual 1.5; short-term debt: 65.9% and cash: 1.2% of total assets), and 91.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, small): better than 11% on solvency, 14% on liquidity, 26% on profitability and 33% on growth.

The bankruptcy probability was computed on 17-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.04, cash €175,547
NBB · annual accounts
raises risk · Equity €1.2m (8.6% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 29-07-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 6075 sector peers (2025).
NBB · sector comparison
Position among 6075 sector peers
Solvency
better than 12%
← weakest strongest →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
2 days early
2024
13 days early
2023
77 days early
2021
132 days early
2020
52 days early
2019
129 days early
2018
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 54 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€438,825
  3. Resignation: Pieterjan DESMET (director)Appointment: MAPIDE (director) · Permanent…

Key points

  • Caution: From profit to loss in 2025after €29,927 in 2024 -€438,825 View
  • Caution: Among the weakest 7% on net resultsector median €114,505 · 6,015 companies -€438,825 View
  • Caution: A director leftlatest change 24-10-2025 · 1 in office 1 left View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 6 years View
  • Flemish supportawarded from 2022 to 2025 €549,865 View

By topic

Financials

Financial year
2025
Turnover
€22.1m
Loss
-€438,825
Solvency
8.6%
Turnover▲ 2.7%
Net result
20242025
Go to Financials

Timeline

Events
16
Since
2018
  1. 20-10-2025Registered office · Resignations & appointments
  2. 17-07-2025Annual accounts filed
  3. 10-12-2024Appointment: BV VRC Bedrijfsrevisoren (statutory auditor)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale tradeNACE 46835
Founded
03-06-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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