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FLYING LOGISTICS

Active
Private limited companyfounded 20197 yrs activeRue de l'Aéropostale 1, 4460 Grâce-Hollogne, BelgiumKBO/BCE: BE 0719.618.947
Summary

FLYING LOGISTICS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €666,945 and a net result of €513,646. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 39 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Land transport and transport via pipelines
NACE 49200Logistics services NACE 52250NACE 52290
1 site
Size
€2.6mtotal assets 2026
Staff
19.6 FTE
Equity
€666,945
Profit
€513,646
Net result +100%: other schema
Financial health
85 Excellent Checked score 2026
Bankruptcy chance 12 m
0.4%
Structure
Accounts on time0 of 6 deeds read
Why 85- Sector Land transport and transport via pipelines (NACE 49)- Latest accounts 2 days late; 2 of the last 3 late+ Size: total assets €2.6m+ Liquidity: current ratio 1.31, cash €1.2mShow the evidence

Checked score

Score 2026
85 / 100
Excellent
Probability in this band: under 0.55%
Better than 57% of its sector peers (NACE 49, small)
Performance against the sector, not lower risk
Financial strength · tick = 2025
Average
Solvency 50+9
equity 25.2% of total assets
Liquidity 60+16
short-term debt 74.8% · cash 43.8%
Profitability 62+11
return on assets 19.4%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,178 companies)
Last 24 months 11-2024: 5.0% 12-2024: 5.6%▲ +11.2% vs 11-2024 01-2025: 5.7%▲ +1.1% vs 12-2024 02-2025: 6.3%▲ +10.9% vs 01-2025 03-2025: 7.6%▲ +21.1% vs 02-2025 04-2025: 7.7%▲ +0.9% vs 03-2025 05-2025: 7.7%● 0.0% vs 04-2025 06-2025: 6.9%▼ -9.8% vs 05-2025 07-2025: 6.9%● 0.0% vs 06-2025 08-2025: 6.8%▼ -1.6% vs 07-2025 09-2025: 6.8%● 0.0% vs 08-2025 10-2025: 8.3%▲ +22.0% vs 09-2025highest value 11-2025: 8.3%● 0.0% vs 10-2025highest value 12-2025: 7.4%▼ -11.3% vs 11-2025 01-2026: 6.9%▼ -6.7% vs 12-2025 02-2026: 7.6%▲ +10.8% vs 01-2026 03-2026: 1.2%▼ -84.2% vs 02-2026 04-2026: 1.2%● 0.0% vs 03-2026 05-2026: 1.2%▲ +2.7% vs 04-2026 06-2026: 1.2%● 0.0% vs 05-2026 07-2026: 1.3%▲ +1.6% vs 06-2026 08-2026: 1.4%▲ +14.5% vs 07-2026 09-2026: 0.8%▼ -46.1% vs 08-2026 10-2026: 0.4%▼ -51.7% vs 09-2026lowest value
  • Sector Land transport and transport via pipelines (NACE 49) raises the probability
  • Size: total assets €2.6m lowers the probability for this profile
  • Latest accounts 2 days late; 2 of the last 3 late raises the probability
  • Liquidity: current ratio 1.31, cash €1.2m lowers the probability
Credit up to €55,000 at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.15 in 2025; short-term debt: 74.8% and cash: 43.8% of total assets), and 74.8% 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 49, small). Better than this share of them on solvency 33%, liquidity 74%, profitability 24%, growth against the median 96%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. 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.

Credit check for your own amount and term

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Sector Land transport and transport via pipelines (NACE 49)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Size: total assets €2.6m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Latest accounts 2 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Liquidity: current ratio 1.31, cash €1.2m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2026
Equity per financial year
20212223242526
2020 to 2026 · latest year €666,945
neutral · Latest accounts filed on time
The financial year that closed on 28-02-2026 was due by 30-09-2026 and was filed on 30-09-2026, 0 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2026
on the day
2025
125 d late
2024
423 d late
2023
61 d late
2022
31 d late
2021
39 d late
2020
49 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 104 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 28-02-2027 and is due by 30-09-2027. Nothing is late today. Usually files around 30 November (4 of the last 5 filed years within 64 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today28-02-2027 close30-09-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2026 · abbreviated…
  2. Highest result since 2020net €513,646 ▲100%
  3. Equity above €500,000Eq €666,945 ▲97.1%

Key points

  • Positive: Result rose in 2026different schema filed ▲ 100% View
  • Positive: Among the best 5% on net resultsector median €24,885 · 39 companies €513,646 View
  • Total assets 20266 fiscal years filed €2.6m View

By topic

Financials

Fiscal year
2026
Total assets
€2.6m
Profit
€513,646
Solvency
25.2%
Total assets▲ 27.7%
Net result
20202026
Go to Financials

Timeline

Events
12
Since
2020
Next accounts
by 30-09-2027
  1. 30-09-2026Annual accounts filed
  2. 28-02-2026Highest result since 2020
  3. 28-02-2026Equity above €500,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Land transport and transport via pipelinesNACE 49200
Founded
30-01-2019
Year ends
28-02
Peppol
Reachable for e-invoices
Go to Company details

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