Financials
- Fiscal year
- 2024
- Total assets
- €19,881
- Profit
- €947
- Solvency
- 19.9%
FLY CITY
ActiveSummary
The computed 12-month bankruptcy probability of FLY CITY is 5.5% (elevated). The 2024 annual accounts show equity of €3,947 and a net result of €947. Its solvency ranks better than 33% of 3543 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Washing and cleaning of motor vehicles
NACE 95316NACE 45206
1 site
How big
€19,881total assets 2024
- Equity
- €3,947
- Profit
- €947
Turnover not published (abridged schema)
Who decides
Accounts filed 61 d late0 of 1 deed read
Why 35- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 1 of the last 3 late- Figures for FY 2024 (filed 30-09-2025)- Founded in 2024- Liquidity: current ratio 1.25, cash €164Show the evidence
Checked score
Score 2024
35
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 22% of its sector peers (NACE 95, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
45
equity 19.9% of total assets
Liquidity
9
short-term debt 77.6% · cash 0.8%
Profitability
49
return on assets 4.8%
Bankruptcy probability, 12 months
5.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 1 of the last 3 late raises the probability
- Figures for FY 2024 (filed 30-09-2025) raises the probability
- Founded in 2024 raises the probability for this profile
- Liquidity: current ratio 1.25, cash €164 raises the probability
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.25; short-term debt: 77.6% and cash: 0.8% of total assets), and 80.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 95, micro). Better than this share of them on solvency 30%, liquidity 7%, profitability 27%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · 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 · 1 filingDeviation from the deadline
2024
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 61 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2025
- 30-09-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Washing and cleaning of motor vehiclesNACE 95316
- Founded
- 24-04-2024
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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