Summary
Fly Ai is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €61,915 and a net result of €21,569. Equity is growing by ~61.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 9872 sector peers (fiscal year 2024). The company has been active since 2022 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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
46 d early
2024
36 d early
2023
36 d early
2022
48 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 42 days 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 20 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€61,915▲ 53.5%
2023 · €40,346
Net result
€21,569▼ 22.2%
2023 · €27,727
Total assets
€91,516▲ 45.6%
2023 · €62,862
Solvency
67.7%▲ 3.5pp
2023 · 64.2%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Operating result€12,923-€39,462▲ 205%€32,377▼ 18.0%
Net result€10,119within the sector's middle half-€27,727within the sector's middle half▲ 174%€21,569within the sector's middle half▼ 22.2%
Equity€12,619below the sector's middle half-€40,346below the sector's middle half▲ 220%€61,915within the sector's middle half▲ 53.5%
Total assets€23,119below the sector's middle half-€62,862below the sector's middle half▲ 172%€91,516below the sector's middle half▲ 45.6%
Debt€10,500-€22,516▲ 114%€29,601▲ 31.5%
Working capital€10,916within the sector's middle half-€12,153within the sector's middle half▲ 11.3%-€2,849within the sector's middle half
Solvency54.6%within the sector's middle half-64.2%within the sector's middle half▲ 9.6pp67.7%within the sector's middle half▲ 3.5pp
Current ratio2.06within the sector's middle half-1.54within the sector's middle half▼ 0.520.90within the sector's middle half▼ 0.64
Return on assets (ROA)43.8%above the sector's middle half-44.1%above the sector's middle half▲ 0.3pp23.6%within the sector's middle half▼ 20.5pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
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 18% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €91,516
Fixed assets
€64,764 ▲ 130%
Current assets
€26,752 ▼ 22.8%
Equity and liabilities €91,516
Equity
€61,915 ▲ 53.5%
Debt
€29,601 ▲ 31.5%
Debt's share of the balance-sheet total falls from 35.8% to 32.3%. Equity and debt are higher.
Key figures and ratios
ROE
34.8%▼
2023 · 68.7%
Debt ≤ 1 year
€29,601▲
2023 · €22,516
Income taxes
€7,382▼
2023 · €8,922
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €332 | €2,060 | €4,794 | ▲ 133% |
| Other operating charges640/8 | €291 | €625 | €219 | ▼ 65.0% |
| Gross operating margin9900 | €13,546 | €42,147 | €37,390 | ▼ 11.3% |
| Operating profit (loss)9901 | €12,923 | €39,462 | €32,377 | ▼ 18.0% |
| Financial income75/76B | €0 | €2 | €5 | ▲ 145% |
| Recurring financial income75 | €0 | €2 | €5 | ▲ 145% |
| Financial charges65/66B | €10 | €2,816 | €3,431 | ▲ 21.8% |
| Recurring financial charges65 | €10 | €2,816 | €3,431 | ▲ 21.8% |
| Profit (loss) for the period before taxes9903 | €12,913 | €36,648 | €28,951 | ▼ 21.0% |
| Income taxes67/77 | €2,794 | €8,922 | €7,382 | ▼ 17.3% |
| Profit (loss) for the period9904 | €10,119 | €27,727 | €21,569 | ▼ 22.2% |
| Profit (loss) for the period to be appropriated9905 | €10,119 | €27,727 | €21,569 | ▼ 22.2% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €23,119 | €62,862 | €91,516 | ▲ 45.6% |
| Formation expenses20 | €1,634 | €0 | €0 | - |
| Fixed assets21/28 | €296 | €28,193 | €64,764 | ▲ 130% |
| Tangible fixed assets22/27 | €296 | €28,193 | €64,764 | ▲ 130% |
| Land and buildings22 | - | €27,050 | €34,929 | ▲ 29.1% |
| Plant, machinery and equipment23 | €296 | €1,144 | €7,593 | ▲ 564% |
| Furniture and vehicles24 | - | - | €1,196 | - |
| Other tangible fixed assets26 | - | - | €21,047 | - |
| Current assets29/58 | €21,189 | €34,669 | €26,752 | ▼ 22.8% |
| Stocks and contracts in progress3 | - | - | €2,380 | - |
| Stocks30/36 | - | - | €2,380 | - |
| Amounts receivable within one year40/41 | €200 | €555 | €372 | ▼ 32.9% |
| Trade receivables40 | - | €269 | €244 | ▼ 9.3% |
| Other amounts receivable41 | €200 | €286 | €128 | ▼ 55.1% |
| Cash at bank and in hand54/58 | €20,938 | €31,373 | €18,345 | ▼ 41.5% |
| Deferred charges and accrued income490/1 | €50 | €2,741 | €5,654 | ▲ 106% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €23,119 | €62,862 | €91,516 | ▲ 45.6% |
| Equity10/15 | €12,619 | €40,346 | €61,915 | ▲ 53.5% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €10,119 | €37,846 | €59,415 | ▲ 57.0% |
| Distributable reserves133 | €10,119 | €37,846 | €59,415 | ▲ 57.0% |
| Amounts payable17/49 | €10,500 | €22,516 | €29,601 | ▲ 31.5% |
| Amounts payable within one year42/48 | €10,273 | €22,516 | €29,601 | ▲ 31.5% |
| Trade debts44 | €2,758 | €2,351 | €3,692 | ▲ 57.1% |
| Suppliers440/4 | €2,758 | €2,351 | €3,692 | ▲ 57.1% |
| Taxes, remuneration and social security45 | €7,515 | €19,025 | €24,535 | ▲ 29.0% |
| Taxes450/3 | €7,515 | €19,025 | €22,470 | ▲ 18.1% |
| Remuneration and social security454/9 | - | - | €2,065 | - |
| Other amounts payable47/48 | - | €1,141 | €1,374 | ▲ 20.5% |
| Accrued charges and deferred income492/3 | €227 | - | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,119 | €27,727 | €21,569 | ▼ 22.2% |
| + Depreciation and write-downs630 | €332 | €2,060 | €4,794 | ▲ 133% |
| Operating cash flow (approximation) | €10,452 | €29,787 | €26,363 | ▼ 11.5% |
| Investment in fixed assets (approximation) | - | -€29,957 | -€41,365 | ▼ 38.1% |
| Change in cash | - | €10,434 | -€13,028 | ▼ 225% |
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
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €27,727 ▲174%
Operating result €39,462, net result €27,727, both a record.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Leuven · 1 establishment unit since 2022
Ground area
195 m²
Building footprint
65 m²
Volume, LiDAR
437 m³
Parcel 24505I0090/00V003, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Fly Ai
since 20222.337.845.302
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24505I0090/00V003 | Flanders | 195 m² | 1 · 65 m² | 10.8 m · 3 fl. |
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.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 11,067 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
Founded09-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
47792Retail sale of second-hand clothing
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0793431393
Also
9925:BE0793431393
Registered
03-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.