FLYER EXPRESS
Open bankruptcyA bankruptcy procedure is open for FLYER EXPRESS according to publications in the Belgian State Gazette; curator: ANOUK DE VLEESHOUWER. The 2023 annual accounts show negative equity (€-91k) and a net result of €-11k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 30-04-2024, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
on the day
2022
235 d late
2021
2 d late
2020
104 d late
2019
34 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€-91k▼ 13.9%
2022 · €-80k
2018: €-189k
2019: €-188k
2020: €-6k
2021: €-22k
2022: €-80k
2018 → 2023
Total assets
€14k▼ 47.8%
2022 · €26k
2018: €5k
2019: €2k
2020: €43k
2021: €31k
2022: €26k
2018 → 2023
Net result
€-11k▲ 80.9%
2022 · €-58k
2018: €298
2019: €625
2020: €183k
2021: €-16k
2022: €-58k
2018 → 2023
Working capital
€-93k▼ 10.8%
2022 · €-84k
2018: €-170k
2019: €-170k
2020: €-3k
2021: €-28k
2022: €-84k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-188k-€-6k▲ 97.0%€-22k▼ 285%€-80k▼ 265%€-91k▼ 13.9%
Operating result€663-€183k▲ 27,437%€-14k€-6▲ 100.0%€-9k▼ 156,040%
Net result€625-€183k▲ 29,163%€-16k€-58k▼ 258%€-11k▲ 80.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2023 against €6 in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €14k
Fixed assets
€4k▼ 30.9%
Current assets
€9k▼ 53.3%
Key figures and ratios
EBITDA
€-7k▼
2022 · €2k
Cash flow
€-9k▲
2022 · €-56k
Solvency
-659.8%▼
2022 · -302.5%
Current ratio
0.09▼
2022 · 0.19
Quick ratio
0.09▼
2022 · 0.19
Debt / equity
-1.15▲
2022 · -1.33
ROA
-80.5%▲
2022 · -219.6%
Interest coverage
-3.41▼
2022 · 46.18
Debt
€104k▼
2022 · €106k
Debt ≤ 1 year
€102k▼
2022 · €104k
Debt > 1 year
€2k=
2022 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€26k€14k▼
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€4k▼
Plant, machinery and equipment23€6k€4k▼
Current assets29/58€20k€9k▼
Amounts receivable within one year40/41€18k€9k▼
Trade receivables40€2k-
Other amounts receivable41€16k€9k▼
Current investments50/53€2k-
Equity and liabilities
Total equity and liabilities10/49€26k€14k▼
Equity10/15€-80k€-91k▼
Contributions10/11€150k€150k=
Capital10€150k€150k=
Issued capital100€150k€150k=
Profit (loss) carried forward14€-230k€-241k▼
Amounts payable17/49€106k€104k▼
Amounts payable after more than one year17€2k€2k=
Other amounts payable178/9€2k€2k=
Amounts payable within one year42/48€104k€102k▼
Financial debts43-€30
Credit institutions430/8-€30
Trade debts44€4k€7k▲
Suppliers440/4€4k€7k▲
Taxes, remuneration and social security45€58k€60k▲
Taxes450/3€58k€60k▲
Other amounts payable47/48€42k€36k▼
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8-€5k
Gross operating margin9900€2k€-2k▼
Operating profit (loss)9901€-6€-9k▼
Financial income75/76B-€559
Recurring financial income75-€559
Financial charges65/66B€43€2k▲
Recurring financial charges65€43€2k▲
Profit (loss) for the period before taxes9903€-49€-11k▼
Income taxes67/77€58k-
Profit (loss) for the period9904€-58k€-11k▲
Profit (loss) for the period to be appropriated9905€-58k€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-230k€-241k▼
Profit (loss) brought forward from the previous period14P€-172k€-230k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · FLYER EXPRESS NV MARS- VELDPLEIN 5, 1050 ELSENE · event 23-09-2025
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 235 days late
2022
30-09
Financial
Weakest financial yearnet €-58k
Net result drops to €-58k, the lowest in the series.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 104 days late
2020
30-09
Financial
Highest result since 2018net €183k ▲29163%
Operating result €183k, net result €183k, both a record.
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 34 days late
2019
09-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
11-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
26-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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
1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
4,401 m²
Building footprint
1,542 m²
Volume, LiDAR
99,254 m³
2 parcels, Brussels, Flanders · tallest building 99.0 m, ±27 floors. Linked by address, not a title deed.
1 establishment unit
FLYER EXPRESS
since 20042.139.217.115
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0769/00S002 | Brussels | 3,724 m² | 1 · 1,306 m² | 99.0 m · 27 fl. |
| 34452B0827/03D014 | Flanders | 677 m² | 1 · 236 m² | 8.8 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANOUK DE VLEESHOUWER PEGASUSLAAN 5,
1831 DIEGEM |
23-09-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-09-2004
Fiscal year end30-09
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.