FLY OVER
ActiveSummary
FLY OVER has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €-2k. Equity is shrinking by ~5.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▼-4
Solvency75▼-1
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.39 against 0.44 in 2024; short-term debt: 50.1% and cash: 19.5% of total assets), and 50.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
49.9%
Return on assets
-2.5%
Age of the figures
9 mo
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
19 d early
2023
26 d early
2022
48 d early
2021
26 d early
2020
40 d early
2019
16 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2k▼ 177%
2024 · €-827
2018: €-2k
2019: €-2k
2020: €-7k
2021: €-2k
2022: €-2k
2023: €-5k
2024: €-827
2018 → 2025
Working capital
€-28k▼ 8.9%
2024 · €-26k
2018: €-42k
2019: €-9k
2020: €-16k
2021: €-18k
2022: €-20k
2023: €-25k
2024: €-26k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€56k-€54k▼ 3.9%€49k▼ 8.9%€48k▼ 1.7%€46k▼ 4.8%
Operating result€-2k-€-2k▲ 1.3%€-5k▼ 134%€-561▲ 87.6%€-2k▼ 250%
Net result€-2k-€-2k▼ 1.0%€-5k▼ 118%€-827▲ 82.8%€-2k▼ 177%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €561 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€74k =
Current assets
€18k ▼ 11.9%
Equity and liabilities €92k
Equity
€46k ▼ 4.8%
Debt
€46k ▼ 0.3%
Debt's share of the balance-sheet total rises from 49.0% to 50.1%. Equity and debt are lower.
Key figures and ratios
Current ratio
0.39▼
2024 · 0.44
Debt to equity
1.01▲
2024 · 0.96
ROE
-5.0%▼
2024 · -1.7%
ROA
-2.5%▼
2024 · -0.9%
Debt ≤ 1 year
€46k▼
2024 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet
Code20242025
Assets
Total assets20/58€94k€92k▼
Fixed assets21/28€74k€74k=
Financial fixed assets28€74k€74k=
Current assets29/58€20k€18k▼
Cash at bank and in hand54/58€20k€18k▼
Equity and liabilities
Total equity and liabilities10/49€94k€92k▼
Equity10/15€48k€46k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-20k€-22k▼
Amounts payable17/49€46k€46k▼
Amounts payable within one year42/48€46k€46k▼
Trade debts44€126€0▼
Suppliers440/4€126€0▼
Other amounts payable47/48€46k€46k=
Income statement
Code20242025
Other operating charges640/8€598€615▲
Gross operating margin9900€38€-1k▼
Operating profit (loss)9901€-561€-2k▼
Financial charges65/66B€266€325▲
Recurring financial charges65€266€325▲
Profit (loss) for the period before taxes9903€-827€-2k▼
Profit (loss) for the period9904€-827€-2k▼
Profit (loss) for the period to be appropriated9905€-827€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€-22k▼
Profit (loss) brought forward from the previous period14P€-19k€-20k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-08
State Gazette act
General meeting · Dissolution
Liquidation closure · Director resignation
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
12-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Roeselare · 1 establishment unit since 2002
Ground area
2.1 ha
Building footprint
367 m²
Volume, LiDAR
2,498 m³
2 parcels, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
29
companies at this address
See who is registered here
1 establishment unit
FLY OVER
since 20022.096.300.355
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36014C0432/00T000 | Flanders | 2.0 ha | 1 · 308 m² | 12.1 m · 3 fl. |
| 36302B1339/00R002 | Flanders | 1,191 m² | 1 · 59 m² | 6.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-07-2002
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.