FLORYN

Active

Private limited companyfounded 20233 yrs activeDoorniksewijk(Kor) 147, 8500 Kortrijk, BelgiumKBO/BCE: BE 0800.169.232

The computed 12-month bankruptcy probability of FLORYN is 2.2% (moderate). The 2024 annual accounts show equity of €88k and a net result of €39k. Its solvency ranks better than 48% of 26048 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

58 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability85▼-14

Solvency55▲+3

Growth52

Track record94

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity short (current ratio 0.85 against 0.43 in 2023; short-term debt: 70.1% and cash: 22.5% of total assets), and 70.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

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 2024

Solvency, return and age of the figures

Solvency

29.9%

Return on assets

13.2%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 2 filings

Deviation from the deadline

2025

not confirmed

2024

61 d late

2023

92 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€88k▲ 78.7%

2023 · €49k

2023: €49k

2023 → 2024

Total assets

€295k▲ 63.0%

2023 · €181k

2023: €181k

2023 → 2024

Net result

€39k▼ 12.4%

2023 · €44k

2023: €44k

2023 → 2024

Working capital

€-31k▲ 58.2%

2023 · €-75k

2023: €-75k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€49k-€88k▲ 78.7%

Operating result€66k-€57k▼ 13.4%

Net result€44k-€39k▼ 12.4%

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 2024; 2024 is 13% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €295k

40.5%

59.5%

Fixed assets €120k▼ 3.7%

Current assets €176k▲ 209%

Equity and liabilities €295k

29.9%

70.1%

Equity €88k▲ 78.7%

Debt €207k▲ 57.1%

The debt ratio falls from 72.8% to 70.1%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€87k▼

2023 · €89k

Cash flow

€68k▲

2023 · €67k

Solvency

29.9%▲

2023 · 27.2%

Current ratio

0.85▲

2023 · 0.43

Quick ratio

0.76▲

2023 · 0.43

Debt / equity

2.35▼

2023 · 2.67

ROE

44.0%▼

2023 · 89.9%

ROA

13.2%▼

2023 · 24.5%

Interest coverage

13.29▼

2023 · 14.98

Debt

€207k▲

2023 · €132k

Debt ≤ 1 year

€207k▲

2023 · €132k

Income taxes

€14k▼

2023 · €16k

Staff costs

€93k▲

2023 · €85k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€181k€295k▲

Fixed assets21/28€124k€120k▼

Tangible fixed assets22/27€124k€120k▼

Plant, machinery and equipment23€98k€76k▼

Furniture and vehicles24€27k€22k▼

Other tangible fixed assets26-€21k

Current assets29/58€57k€176k▲

Stocks and contracts in progress3-€18k

Stocks30/36-€18k

Amounts receivable within one year40/41€37€88k▲

Trade receivables40€37€14k▲

Other amounts receivable41-€75k

Cash at bank and in hand54/58€55k€66k▲

Deferred charges and accrued income490/1€2k€3k▲

Equity and liabilities

Total equity and liabilities10/49€181k€295k▲

Equity10/15€49k€88k▲

Contributions10/11€5k€5k=

Reserves13-€83k

Distributable reserves133-€83k

Profit (loss) carried forward14€44k-

Amounts payable17/49€132k€207k▲

Amounts payable within one year42/48€132k€207k▲

Current portion of amounts payable after more than one year42€14k€14k=

Trade debts44€90k€106k▲

Suppliers440/4€90k€106k▲

Taxes, remuneration and social security45€19k€25k▲

Taxes450/3€3k€8k▲

Remuneration and social security454/9€16k€17k▲

Other amounts payable47/48€9k€62k▲

Accrued charges and deferred income492/3-€126

Income statement Code20232024

Remuneration, social security and pensions62€85k€93k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€30k▲

Other operating charges640/8€4k€8k▲

Gross operating margin9900€178k€188k▲

Operating profit (loss)9901€66k€57k▼

Financial income75/76B€52€2k▲

Recurring financial income75€52€2k▲

Financial charges65/66B€6k€7k▲

Recurring financial charges65€6k€7k▲

Profit (loss) for the period before taxes9903€60k€53k▼

Income taxes67/77€16k€14k▼

Profit (loss) for the period9904€44k€39k▼

Profit (loss) for the period to be appropriated9905€44k€39k▼

Appropriation of the result

Profit (loss) to be appropriated9906€44k€39k▼

Transfer to equity691/2-€39k

To other reserves6921-€39k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Filings 2

2025

30-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 61 days late

2024

31-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 92 days late

NBB filing

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, Kortrijk · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

Doorniksewijk(Kor) 1478500 Kortrijk

Ground area

637 m²

Building footprint

317 m²

Volume, LiDAR

2,252 m³

Parcel 34354C0079/00R002, Flanders · tallest building 14.6 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

SLAGERIJ FLORYN

Doorniksewijk(Kor) 147, 8500 KortrijkRetail sale of meat and meat products, excluding game and poultry

since 20232.344.102.988

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34354C0079/00R002	Flanders	637 m²	1 · 317 m²	14.6 m · 1 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 2,847 EUR awarded · 2,847 EUR paid

Year	Entries	awarded	paid
2024	1	2,847 EUR	2,847 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 2,847 EUR · 2,847 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site

Kortrijk2.344.102.988

3 permissions

Toelating · Ambulante eetgelegenheid · since 28-08-2023

Toelating · Ambulante vleeswinkel · since 18-08-2023

Toelating · Vleeswinkel · since 18-08-2023

Similar companies · same sector, comparable size

Of 3,043 companies in sector 47221 we hold annual accounts for 1,562. 1,366 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded30-03-2023

Fiscal year end31-12

Activities, NACEBEL

47221Retail sale of meat and meat products, excluding game and poultry

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.