Summary
FLOVIC is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €97,983 and a net result of €4,060. Equity is growing by ~65.5% per year across the filed fiscal years. Its solvency ranks better than 54% of 8061 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-02-2026, 5 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 · 5 filingsDeviation from the deadline
2025
5 d late
2024
3 d late
2023
5 d early
2022
4 d early
2021
5 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€97,983▲ 3.4%
2024 · €94,782
Net result
€4,060▼ 92.9%
2024 · €57,406
Total assets
€175,274▲ 13.7%
2024 · €154,211
Solvency
55.9%▼ 5.6pp
2024 · 61.5%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€15,779-€13,891▼ 12.0%€27,069▲ 94.9%€79,551▲ 194%€5,310▼ 93.3%
Net result€11,659-€8,781▼ 24.7%€17,170▲ 95.5%€57,406▲ 234%€4,060▼ 92.9%
Equity€13,859-€21,840▲ 57.6%€38,209▲ 75.0%€94,782▲ 148%€97,983▲ 3.4%
Total assets€44,206-€44,906▲ 1.6%€129,007▲ 187%€154,211▲ 19.5%€175,274▲ 13.7%
Debt€30,347-€23,066▼ 24.0%€90,798▲ 294%€59,429▼ 34.5%€77,290▲ 30.1%
Working capital€13,152-€21,120▲ 60.6%-€26,992€7,283€11,808▲ 62.1%
Solvency31.4%-48.6%▲ 17.3pp29.6%▼ 19.0pp61.5%▲ 31.8pp55.9%▼ 5.6pp
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 93% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €175,274
Fixed assets
€97,551 ▼ 8.0%
Current assets
€77,723 ▲ 61.3%
Equity and liabilities €175,274
Equity
€97,983 ▲ 3.4%
Debt
€77,290 ▲ 30.1%
Debt's share of the balance-sheet total rises from 38.5% to 44.1%. Equity and debt are higher.
Key figures and ratios
ROE
4.1%▼
2024 · 60.6%
ROA
2.3%▼
2024 · 37.2%
Debt ≤ 1 year
€65,915▲
2024 · €40,902
Debt > 1 year
€11,376▼
2024 · €18,526
Income taxes
€7,737▼
2024 · €19,821
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €288 | €1,081 | €3,403 | €7,924 | €8,474 | ▲ 6.9% |
| Other operating charges640/8 | - | €273 | €338 | €563 | €4,146 | ▲ 636% |
| Gross operating margin9900 | €16,911 | €15,245 | €30,810 | €88,038 | €17,930 | ▼ 79.6% |
| Operating profit (loss)9901 | €15,779 | €13,891 | €27,069 | €79,551 | €5,310 | ▼ 93.3% |
| Financial income75/76B | - | - | €10 | €2,268 | €14,827 | ▲ 554% |
| Recurring financial income75 | - | - | €10 | €2,268 | €1 | ▼ 100.0% |
| Non-recurring financial income76B | - | - | - | - | €14,826 | - |
| Financial charges65/66B | - | €678 | €2,016 | €4,592 | €8,339 | ▲ 81.6% |
| Recurring financial charges65 | €562 | €678 | €2,016 | €4,592 | €8,339 | ▲ 81.6% |
| Profit (loss) for the period before taxes9903 | €15,217 | €13,213 | €25,063 | €77,227 | €11,797 | ▼ 84.7% |
| Income taxes67/77 | €3,559 | €4,432 | €7,893 | €19,821 | €7,737 | ▼ 61.0% |
| Profit (loss) for the period9904 | €11,659 | €8,781 | €17,170 | €57,406 | €4,060 | ▼ 92.9% |
| Profit (loss) for the period to be appropriated9905 | €11,659 | €8,781 | €17,170 | €57,406 | €4,060 | ▼ 92.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €44,206 | €44,906 | €129,007 | €154,211 | €175,274 | ▲ 13.7% |
| Fixed assets21/28 | €2,957 | €1,875 | €90,551 | €106,025 | €97,551 | ▼ 8.0% |
| Tangible fixed assets22/27 | €2,957 | €1,875 | €40,551 | €56,025 | €47,551 | ▼ 15.1% |
| Land and buildings22 | - | - | €36,218 | €50,589 | €44,188 | ▼ 12.7% |
| Plant, machinery and equipment23 | - | €560 | €216 | €3,253 | €2,537 | ▼ 22.0% |
| Furniture and vehicles24 | - | €1,315 | €4,117 | €2,182 | €825 | ▼ 62.2% |
| Financial fixed assets28 | - | - | €50,000 | €50,000 | €50,000 | = |
| Current assets29/58 | €41,249 | €43,030 | €38,456 | €48,186 | €77,723 | ▲ 61.3% |
| Amounts receivable within one year40/41 | €23,679 | €18,281 | €15,548 | €25,459 | €61,061 | ▲ 140% |
| Trade receivables40 | - | €18,281 | €15,418 | €25,459 | €46,298 | ▲ 81.9% |
| Other amounts receivable41 | - | - | €130 | - | €14,763 | - |
| Cash at bank and in hand54/58 | €17,570 | €23,258 | €22,909 | €22,727 | €16,662 | ▼ 26.7% |
| Deferred charges and accrued income490/1 | - | €1,492 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €44,206 | €44,906 | €129,007 | €154,211 | €175,274 | ▲ 13.7% |
| Equity10/15 | €13,859 | €21,840 | €38,209 | €94,782 | €97,983 | ▲ 3.4% |
| Contributions10/11 | - | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Outside capital11 | - | - | €3,000 | - | - | - |
| Other1109/19 | - | - | €3,000 | - | - | - |
| Reserves13 | €10,859 | €18,840 | €35,209 | €91,782 | €94,983 | ▲ 3.5% |
| Distributable reserves133 | - | €18,840 | €35,209 | €91,782 | €94,983 | ▲ 3.5% |
| Amounts payable17/49 | €30,347 | €23,066 | €90,798 | €59,429 | €77,290 | ▲ 30.1% |
| Amounts payable after more than one year17 | - | - | €25,349 | €18,526 | €11,376 | ▼ 38.6% |
| Financial debts170/4 | - | - | €25,349 | €18,526 | €11,376 | ▼ 38.6% |
| Amounts payable within one year42/48 | €28,097 | €21,910 | €65,449 | €40,902 | €65,915 | ▲ 61.2% |
| Current portion of amounts payable after more than one year42 | - | - | €6,506 | €16,211 | €7,151 | ▼ 55.9% |
| Financial debts43 | - | - | - | - | €15,053 | - |
| Other loans439 | - | - | - | - | €15,053 | - |
| Trade debts44 | €4,592 | €11,720 | €26,750 | €15,911 | €29,268 | ▲ 83.9% |
| Suppliers440/4 | - | €11,720 | €26,750 | €15,911 | €29,268 | ▲ 83.9% |
| Taxes, remuneration and social security45 | - | €8,850 | €27,118 | €7,947 | €13,584 | ▲ 70.9% |
| Taxes450/3 | - | €5,314 | €27,118 | €6,767 | €12,911 | ▲ 90.8% |
| Remuneration and social security454/9 | - | €3,536 | - | €1,180 | €672 | ▼ 43.0% |
| Other amounts payable47/48 | - | €1,341 | €5,074 | €833 | €859 | ▲ 3.1% |
| Accrued charges and deferred income492/3 | - | €1,156 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,659 | €8,781 | €17,170 | €57,406 | €4,060 | ▼ 92.9% |
| + Depreciation and write-downs630 | €288 | €1,081 | €3,403 | €7,924 | €8,474 | ▲ 6.9% |
| Operating cash flow (approximation) | €11,946 | €9,862 | €20,573 | €65,330 | €12,535 | ▼ 80.8% |
| Investment in fixed assets (approximation) | - | €0 | -€92,079 | -€23,398 | €0 | ▲ 100% |
| Change in cash | - | €5,687 | -€349 | -€182 | -€6,065 | ▼ 3,234% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
30-06
Financial
Weakest financial yearnet €4,060 ▼92.9%
Net result drops to €4,060, the lowest in the series.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-06
Financial
Highest result since 2021net €57,406 ▲234%
Operating result €79,551, net result €57,406, both a record.
30-06
Financial
Liquidity doublescurrent ratio 1.18
Current ratio from 0.59 to 1.18; short-term debt falls from €65,449 to €40,902.
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Oostkamp · 1 establishment unit since 2020
Ground area
2,217 m²
Building footprint
394 m²
Volume, LiDAR
997 m³
2 parcels, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FLOVIC
since 20202.310.901.967
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31025I0424/00P000indicative | Flanders | 1,305 m² | 1 · 217 m² | 6.8 m · 1 fl. |
| 31025G0534/00K000 | Flanders | 912 m² | 1 · 177 m² | 2.5 m |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,772. 12,294 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
Founded16-12-2020
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
47120Other non-specialised retail sale
47639Retail sale of other sporting goods
70200Business and other management consultancy
73300Public relations and communication consultancy
82100Office administrative and support services
82990Other business support services
Contact
E-mail
nicholas.senaeve@flovic.beOostkamp
Phone
0470131092Oostkamp
Scores and ratios are computed by Checked and are not a credit decision.