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FLUSH SERVICES

Active
Private limited companyfounded 20215 yrs activeKBO/BCE: BE 0768.457.160
Summary

The computed 12-month bankruptcy probability of FLUSH SERVICES is 10.8% (high). For FLUSH SERVICES, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €19,707 and a net result of €4,704. The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability84▼-16
Solvency77▲+19
Growth52
Track record86
Bankruptcy probability, 12 months
10.8% High
0%0.5%1.5%4%10%≥ 25%
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Signals

Eight signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · 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
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2023
Solvency, return and age of the figures
Solvency
52.2%
Return on assets
12.5%
Age of the figures
33 mo
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 02-12-2024, 124 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
124 d late
2022
126 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 125 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 17 May 2021, FLUSH SERVICES was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023

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Financials · fiscal year 2023, micro schema

Equity
€19,707▲ 31.4%
2022 · €15,003
Total assets
€37,781▼ 17.7%
2022 · €45,893
Net result
€4,704▼ 77.1%
2022 · €20,503
Working capital
€6,566
2022 · -€2,791
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
Line20222023
Operating result€25,176-€6,499▼ 74.2%
Net result€20,503-€4,704▼ 77.1%
Equity€15,003-€19,707▲ 31.4%
Total assets€45,893-€37,781▼ 17.7%
Debt€30,890-€18,074▼ 41.5%
Working capital-€2,791-€6,566
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2022: €25,176€25,176Net result 2022: €20,503€20,503Operating result 2023: €6,499€6,499Net result 2023: €4,704€4,70420222023€0€10,000€20,000€30,000Operating result 2022: €25,176€25,200Net result 2022: €20,503€20,500Operating result 2023: €6,499€6,500Net result 2023: €4,704€4,70020222023
The operating result falls in 2023; 2023 is 74% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €37,378
Fixed assets €12,738 ▼ 26.0%
Current assets €24,640 ▼ 12.3%
Equity and liabilities €37,781
Equity €19,707 ▲ 31.4%
Debt €18,074 ▼ 41.5%
Debt's share of the balance-sheet total falls from 67.3% to 47.8%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
€11,152▼
2022 · €29,595
Cash flow
€9,357▼
2022 · €24,923
Current ratio
1.36▲
2022 · 0.91
Debt to equity
0.92▼
2022 · 2.06
ROE
23.9%▼
2022 · 136.7%
ROA
12.5%▼
2022 · 44.7%
Interest coverage
18.63▼
2022 · 20.18
Debt ≤ 1 year
€18,074▼
2022 · €30,890
Income taxes
€2,285▼
2022 · €3,842
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 39 lines
Balance sheet Code20222023
Assets
Total assets20/58€45,893€37,781▼
Formation expenses20€574€403▼
Fixed assets21/28€17,221€12,738▼
Tangible fixed assets22/27€17,221€12,738▼
Furniture and vehicles24€17,221€12,738▼
Current assets29/58€28,099€24,640▼
Amounts receivable within one year40/41€27,098€23,397▼
Trade receivables40-€8,975
Other amounts receivable41€27,098€14,423▼
Cash at bank and in hand54/58€1,001€1,242▲
Equity and liabilities
Total equity and liabilities10/49€45,893€37,781▼
Equity10/15€15,003€19,707▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€13,003€17,707▲
Amounts payable17/49€30,890€18,074▼
Amounts payable within one year42/48€30,890€18,074▼
Trade debts44-€1,000
Suppliers440/4-€1,000
Advances received on contracts in progress46€18,801€9,513▼
Taxes, remuneration and social security45€4,589€7,561▲
Taxes450/3€4,589€7,561▲
Other amounts payable47/48€7,500-
Income statement Code20222023
Remuneration, social security and pensions62€41-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,419€4,653▲
Other operating charges640/8€1,840€1,157▼
Gross operating margin9900€31,476€12,309▼
Operating profit (loss)9901€25,176€6,499▼
Financial income75/76B€636€1,089▲
Recurring financial income75€636€1,089▲
Financial charges65/66B€1,467€599▼
Recurring financial charges65€1,467€599▼
Profit (loss) for the period before taxes9903€24,345€6,989▼
Income taxes67/77€3,842€2,285▼
Profit (loss) for the period9904€20,503€4,704▼
Profit (loss) for the period to be appropriated9905€20,503€4,704▼
Appropriation of the result
Profit (loss) to be appropriated9906€20,503€17,707▼
Profit (loss) brought forward from the previous period14P-€13,003
Profit to be distributed694/7€7,500-
Directors or managers695€7,500-

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

Line20222023Change
Remuneration, social security and pensions62€41--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,419€4,653▲ 5.3%
Other operating charges640/8€1,840€1,157▼ 37.1%
Gross operating margin9900€31,476€12,309▼ 60.9%
Operating profit (loss)9901€25,176€6,499▼ 74.2%
Financial income75/76B€636€1,089▲ 71.1%
Recurring financial income75€636€1,089▲ 71.1%
Financial charges65/66B€1,467€599▼ 59.2%
Recurring financial charges65€1,467€599▼ 59.2%
Profit (loss) for the period before taxes9903€24,345€6,989▼ 71.3%
Income taxes67/77€3,842€2,285▼ 40.5%
Profit (loss) for the period9904€20,503€4,704▼ 77.1%
Profit (loss) for the period to be appropriated9905€20,503€4,704▼ 77.1%
Line20222023Change
Assets
Total assets20/58€45,893€37,781▼ 17.7%
Formation expenses20€574€403▼ 29.7%
Fixed assets21/28€17,221€12,738▼ 26.0%
Tangible fixed assets22/27€17,221€12,738▼ 26.0%
Furniture and vehicles24€17,221€12,738▼ 26.0%
Current assets29/58€28,099€24,640▼ 12.3%
Amounts receivable within one year40/41€27,098€23,397▼ 13.7%
Trade receivables40-€8,975-
Other amounts receivable41€27,098€14,423▼ 46.8%
Cash at bank and in hand54/58€1,001€1,242▲ 24.0%
Equity and liabilities
Total equity and liabilities10/49€45,893€37,781▼ 17.7%
Equity10/15€15,003€19,707▲ 31.4%
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€13,003€17,707▲ 36.2%
Amounts payable17/49€30,890€18,074▼ 41.5%
Amounts payable within one year42/48€30,890€18,074▼ 41.5%
Trade debts44-€1,000-
Suppliers440/4-€1,000-
Advances received on contracts in progress46€18,801€9,513▼ 49.4%
Taxes, remuneration and social security45€4,589€7,561▲ 64.7%
Taxes450/3€4,589€7,561▲ 64.7%
Other amounts payable47/48€7,500--
Line20222023Change
Profit (loss) for the period9904€20,503€4,704▼ 77.1%
+ Depreciation and write-downs630€4,419€4,653▲ 5.3%
Operating cash flow (approximation)€24,923€9,357▼ 62.5%
Investment in fixed assets (approximation)--€170-
Change in cash-€241-

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

2025
16-05
KBO administration Address struck
Imperiastraat 8 1930 Die Sitzadresse Imperiastraat 8 1930 Zaventem · event 08-05-2025
2024
02-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 124 days late
2023
04-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 126 days late
SignalNBB filing
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Zaventem · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
7,975 m²
Building footprint
1,789 m²
Parcel 23094D0041/00F000, Flanders. Linked by address, not a title deed.
129 companies at this address See who is registered here
1 establishment unit
FLUSH SERVICES
Manufacture of motor vehicles, trailers and semi-trailers
since 20212.317.339.403
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23094D0041/00F000 Flanders 7,975 m² 1 · 1,789 m² -
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.

Identification & contact

Identification
Legal formPrivate limited company
Founded17-05-2021
Fiscal year end31-12
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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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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