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Flor de Sal
ActiveFrom the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of Flor de Sal is 9.9% (elevated). The 2024 annual accounts show negative equity (-€4,898) and a net result of -€10,009. Equity is shrinking by about 99% per year across the filed financial years. Its solvency ranks better than 22% of 18,733 sector peers (NACE 56, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 08-09-2022 Normal situation
- Legal form
- Private limited company
- Registered office
- Oudenaardsesteenweg(KRU) 7E, 9770 Kruisem
- Activity
- Full-service restaurants NACE 56111and 5 others
- Establishment unit
- 2.337.774.531 9810 Nazareth-De Pinte, since 21-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 03-06-2026
How it is doing
- Bankruptcy probabilitywithin 12 months
- 9.9%
Annual accounts 2024
- Gross margin
- €912
- ▼ 85.7%
- Turnover
- ≈ €9,800
- estimated
- Loss
- €10,009
- Equity
- -€4,898
- Total assets
- €38,753
- ▲ 43.0%
2025 accounts not filed, 92 days past the deadline
Filed on 28-08-2025PDF
Why 30raises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed 01-09-2025)Sector: Food and beverage service activities (NACE 56)1 financial year not filed after the legal deadline; last filed accounts filed 28 days lateShow the evidence
Checked score
Score 2024
30
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 16% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Weak
Solvency
12-32
equity -12.6% of total assets
Liquidity
35+21
short-term debt 61.0% · cash 13.1%
Profitability
0-69
return on assets -25.8%
Bankruptcy probability, 12 months
9.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 4.4%
12-2024: 4.4%● unchanged vs 11-2024
01-2025: 4.3%▼ -0.1 percentage points vs 12-2024lowest value
02-2025: 4.3%● unchanged vs 01-2025lowest value
03-2025: 4.4%▲ +0.1 percentage points vs 02-2025
04-2025: 4.6%▲ +0.2 percentage points vs 03-2025
05-2025: 4.8%▲ +0.2 percentage points vs 04-2025
06-2025: 4.7%▼ -0.1 percentage points vs 05-2025
07-2025: 5.0%▲ +0.3 percentage points vs 06-2025
08-2025: 5.4%▲ +0.4 percentage points vs 07-2025
09-2025: 5.5%▲ +0.1 percentage points vs 08-2025
10-2025: 4.7%▼ -0.8 percentage points vs 09-2025
11-2025: 4.7%● unchanged vs 10-2025
12-2025: 4.7%● unchanged vs 11-2025
01-2026: 6.2%▲ +1.5 percentage points vs 12-2025
02-2026: 6.2%● unchanged vs 01-2026
03-2026: 6.3%▲ +0.1 percentage points vs 02-2026
04-2026: 7.2%▲ +0.9 percentage points vs 03-2026
05-2026: 7.0%▼ -0.2 percentage points vs 04-2026
06-2026: 7.2%▲ +0.2 percentage points vs 05-2026
07-2026: 7.4%▲ +0.2 percentage points vs 06-2026
08-2026: 8.0%▲ +0.6 percentage points vs 07-2026
09-2026: 7.9%▼ -0.1 percentage points vs 08-2026
10-2026: 9.9%▲ +2.0 percentage points vs 09-2026highest value
No credit on open account
Liquidity tight (current ratio 1.26, compared with 0.72 in 2023, below the usual 1.5; short-term debt: 61% and cash: 13.1% of total assets), and equity is negative.
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 56, micro): better than 21% on solvency, 29% on liquidity, 8% on profitability and 4% on growth.
The bankruptcy probability was computed on 31-10-2026 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
Seven signals.
raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year -€4,898
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 92 days later.
NBB · 3 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline31-10-2026 today
raises risk · 2024 accounts filed 28 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 3 filingsDeviation from the deadline
2025
not filed
2024
28 days late
2023
39 days early
2022
8 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 1 day before the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2024filed on 28-08-2025
- Annual accounts 2023filed on 22-06-2024
- Annual accounts 2022filed on 08-08-2023
Acts in the Belgian Official Gazette
- Registered officeact of 08-12-2025
- Incorporationact of 12-09-2022
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about Flor de Sal
- What is the company number of Flor de Sal?
- 0790.590.679. In Belgium the VAT number is the company number with BE in front: BE 0790.590.679.
- Where is Flor de Sal based?
- The registered office is at Oudenaardsesteenweg(KRU) 7E, 9770 Kruisem.Company details
- What does Flor de Sal do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of Flor de Sal?
- Private limited company (BV).
- When was Flor de Sal founded?
- On 08-09-2022.
- Is Flor de Sal still active?
- Yes, Flor de Sal is an active enterprise in the KBO register.
- What is the turnover of Flor de Sal?
- ≈ €9,800 in financial year 2024. Estimated from the gross margin of €912: probably between €4,800 and €21,000, based on 94 comparable companies, NACE 56111. A rough estimate.Financials
- Is Flor de Sal profitable?
- In financial year 2024, Flor de Sal made a loss of €10,009.
- Where can I find the annual accounts of Flor de Sal?
- Flor de Sal filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)
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