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FLYWEL

Active
Private limited company·Overige technische testen en toetsen· 5 yrs active
Merodestraat(KIE) 117 ·9130 Beveren-Kruibeke-Zwijndrecht, Belgium
KBO/BCE: BE 0757.743.313
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Age5 yrs
Board1
Connections5
Real estate1 parcel · 557 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of FLYWEL is 0.5% (very low). The 2025 annual accounts show equity of €114k and a net result of €57k. Its solvency ranks better than 65% of 109 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 5 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 31-03-2026 122 d early 2026-00067605
31-12-2024 31-07-2025 25-06-2025 36 d early 2025-00178507
31-12-2023 31-07-2024 14-08-2024 14 d late 2024-00343986
31-12-2022 31-07-2023 04-07-2023 27 d early 2023-00229272
31-12-2021 31-07-2022 20-06-2022 41 d early 2022-20076008

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.5% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Young company +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€57k
Working capital€99k+127.0%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 31-03-2026 with the NBB · fiscal year 2025 · verkort
€-25k€0€25k€50k€75kOperating result 2022: €-4k€-4kNet result 2022: €-4k€-4kOperating result 2025: €78k€78kNet result 2025: €57k€57k20222025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 71, Architecture & engineering · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 50.0% 36.7%
better than 65% of 109 sector peers
Net result €57k €23k
better than 69% of 109 sector peers
Equity €114k €119k
better than 49% of 109 sector peers
Gross operating margin €86k €86k
better than 50% of 109 sector peers
Total assets €229k €429k
better than 36% of 109 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€86k
- 22-25
Net profit
€57k
- 22-25
Cash flow
€65k
- 22-25
Total assets
€229k
+225.4% 22-25
Equity
€114k
+141.7% 22-25
Working capital
€99k
+127.0% 22-25
Income taxes
€21k
- 22-25
Dividends
€32k
- 22-25
Debt
€114k
+397.6% 22-25
Debt ≤ 1y
€114k
+397.6% 22-25
Current ratio
1.86
-35.6% 22-25
Quick ratio
1.86
-35.6% 22-25
Solvency
50.0%
-25.7% 22-25
Debt / equity
1.00
+105.9% 22-25
ROE
50.2%
- 22-25
ROA
25.1%
- 22-25
Interest coverage
948.68
- 22-25
Figures by fiscal year
Fiscal year2025
Depositverkort
Revenue-
EBITDA€86k
Net profit€57k
Cash flow€65k
Staff costs-
Income taxes€21k
Dividends€32k
Total assets€229k
Equity€114k
Debt€114k
of which ≤ 1y€114k
of which > 1y-
Working capital€99k
Employees (FTE)-
Ratios (computed)
2025
Current ratio1.86
Quick ratio1.86
Working capital ratio43.2%
Solvency50.0%
Debt / equity1.00
Long-term debt ratio-
Interest coverage948.68
Gross margin-
Net margin-
ROA25.1%
ROE50.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€229k
Fixed assets 21/28€16k
Tangible fixed assets 22/27€16k
Current assets 29/58€213k
Amounts receivable within one year 40/41€30k
Cash & bank 54/58€182k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€229k
Equity 10/15€114k
Contributions / capital 10/11€2k
Reserves 13€112k
Amounts payable 17/49€114k
Amounts payable within one year 42/48€114k
Trade debts payable within one year 44€34k
Income statement
Gross operating margin 9900€86k
Operating result 9901€78k
Financial income 75€174
Financial charges 65€90
Result before taxes 9903€78k
Income taxes 67/77€21k
Net result for the period 9904€57k
Result to be appropriated 9905€57k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
94 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Directors

Directors & mandates

2 directors
Current directors & mandates
  • I-NEEDLegal entity
    Director· perm. rep.: Erik Groes
    State Gazette act 25165097 (31-12-2025)
    Current
    01-11-2025 → present
Former directors (1)
  • Erik Groes
    Director
    State Gazette act 24058646 (10-04-2024)
    Former
    01-04-2023 → 01-11-2025
    2 events
    • 01-11-2025 Resigned· Director
    • 01-04-2023 Appointed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Overige technische testen en toetsen(71209)
Legal form Private limited company(610)
Incorporation03-11-2020
StatusActive
Postal code9130

Structure & network

Connections & network

5 connected companies
I-NEED, Sits on the board II-NEEDFG-Software, Shared corporate director FFG-SoftwareFOLLAETS PAINTING, Shared corporate director FPFOLLAETSPAINTINGG2G Invest, Shared corporate director GIG2G InvestNLT-Pivaco Group, Shared corporate director NGNLT-PivacoGroupFLYWEL FLYWEL0757.743.313
Group structureShared directors
Group structure
I-NEED
Sits on the board · 5 subsidiaries · 2 locations
Control→
Network connections
FG-Software
Shared corporate director
→
FOLLAETS PAINTING
Shared corporate director
→
G2G Invest
Shared corporate director
→
NLT-Pivaco Group
Shared corporate director
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

1 party
Control over this companysits on this company's board1
I-NEED
5 subsidiaries · 2 locations
controls
FLYWELBE 0757.743.313

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
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.

Merodestraat(KIE) 1179130 Beveren-Kruibeke-Zwijndrecht

Establishment units

1 location
FLYWEL
Merodestraat(KIE) 117, 9130 Beveren-Kruibeke-ZwijndrechtVervaardiging van metalen constructiewerken of gebinten voor de bouw
since 20202.309.097.965
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area557 m²
Buildings1
Building footprint116 m²
Volume (LiDAR)640 m³
Tallest building9.9 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46012D0048/02R002 Flanders 557 m² 1 · 116 m² 9.9 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

3 acts
All acts · 3 updated 7 months ago
2025
31-12-2025 1 director appointed, 1 resigning Director changes
  • Erik Groes, Bestuurder
  • Erik Groes, Bestuurder
Summary: v3.2
2024
10-04-2024 GROES Erik appointed as director Director changes
  • GROES Erik, Bestuurder
Summary: v3.2
2020
05-11-2020 Incorporation of a new BV Incorporation
Summary: oprichting

Analysis

Snowflake analysis

financial profile on 5 axes
Health94Profitability100Solvency92Growth78Stability94
92 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 94
Profitability 100
Solvency 92
Growth 78
Stability 94

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 304 of the 2,132 companies in this sector. 233 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Overige technische testen en toetsen71209Overige technische testen en toetsen71209Reparatie van machines33120Reparatie en onderhoud van machines33120Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390Algemene reiniging van gebouwen81210Algemene reiniging van gebouwen81210Overige reiniging van gebouwen; industriële reiniging81220Overige reiniging van gebouwen; industriële reiniging81220
Primary activity highlighted.
Names & trade names
Legal nameNL FLYWEL
Registered office
Merodestraat(KIE) 117
9130 Beveren-Kruibeke-Zwijndrecht, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.