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Group FLO

Active
Private limited companyfounded 20251 yr activeTolpoortstraat 66-72, 9800 Deinze, BelgiumKBO/BCE: BE 1020.415.254
Summary

The computed 12-month bankruptcy probability of Group FLO is 3.2% (moderate). The 2025 annual accounts show equity of €54,405 and a net result of €53,405. Its solvency ranks better than 51% of 13874 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Full-service restaurants
NACE 56111
2 sites
How big
€172,094total assets 2025
Equity
€54,405
Profit
€53,405
Turnover not published (abridged schema)
Financially healthy?
65 Healthy Checked score 2025
Bankruptcy chance 12 m
3.2%
Who decides
Accounts 4 d early0 of 2 deeds read
Why 65- Higher-failure-rate sector- Young company- Multiple establishment units+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes
Profitability100
Solvency57
Growth-
Track record67
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity tight (current ratio 1.23; short-term debt: 58.4% and cash: 69% of total assets), and 68.4% of the assets are financed with debt.
Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
31.6%
Return on assets
31%
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 27-07-2026, 4 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
4 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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 2025 · micro…

Financials

Fiscal year 2025Total assets €172,094Profit €53,405Solvency 31.6%Liquidity 1.23
Total assets
€172,094
2025
Net result
€53,405
2025
Equity
€54,405
2025
Solvency
31.6%
2025

Financials · fiscal year 2025, micro schema

Trend over the years1 fiscal year

Turnover and EBIT margin not published: the micro schema does not require them.

Result and balance sheet2025
Balance-sheet composition
Assets €172,094
Fixed assets €48,874
Current assets €123,220
Equity and liabilities €172,094
Equity €54,405
Debt €117,689
Debt finances 68.4% of the balance-sheet total.
Key figures and ratios2025
Key figures and ratios
2025 value
EBITDA
€83,131
Cash flow
€63,980
Current ratio
1.23
Quick ratio
1.19
Debt to equity
2.16
ROE
98.2%
ROA
31.0%
Interest coverage
69.76
Debt ≤ 1 year
€100,446
Debt > 1 year
€17,243
Income taxes
€18,000

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 3.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€172,094
Fixed assets21/28€48,874
Intangible fixed assets21€1
Tangible fixed assets22/27€48,873
Plant, machinery and equipment23€10,799
Furniture and vehicles24€34,372
Other tangible fixed assets26€3,702
Current assets29/58€123,220
Stocks and contracts in progress3€3,802
Stocks30/36€3,802
Amounts receivable within one year40/41€527
Other amounts receivable41€527
Cash at bank and in hand54/58€118,756
Deferred charges and accrued income490/1€135
Equity and liabilities
Total equity and liabilities10/49€172,094
Equity10/15€54,405
Contributions10/11€1,000
Profit (loss) carried forward14€53,405
Amounts payable17/49€117,689
Amounts payable after more than one year17€17,243
Financial debts170/4€17,243
Amounts payable within one year42/48€100,446
Current portion of amounts payable after more than one year42€4,719
Trade debts44€5,761
Suppliers440/4€5,761
Taxes, remuneration and social security45€22,432
Taxes450/3€18,130
Remuneration and social security454/9€4,302
Other amounts payable47/48€67,534
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,575
Other operating charges640/8€1,540
Gross operating margin9900€84,671
Operating profit (loss)9901€72,557
Financial income75/76B€40
Recurring financial income75€40
Financial charges65/66B€1,192
Recurring financial charges65€1,192
Profit (loss) for the period before taxes9903€71,405
Income taxes67/77€18,000
Profit (loss) for the period9904€53,405
Profit (loss) for the period to be appropriated9905€53,405
Appropriation of the result
Profit (loss) to be appropriated9906€53,405

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,575
Other operating charges640/8€1,540
Gross operating margin9900€84,671
Operating profit (loss)9901€72,557
Financial income75/76B€40
Recurring financial income75€40
Financial charges65/66B€1,192
Recurring financial charges65€1,192
Profit (loss) for the period before taxes9903€71,405
Income taxes67/77€18,000
Profit (loss) for the period9904€53,405
Profit (loss) for the period to be appropriated9905€53,405
Line2025
Assets
Total assets20/58€172,094
Fixed assets21/28€48,874
Intangible fixed assets21€1
Tangible fixed assets22/27€48,873
Plant, machinery and equipment23€10,799
Furniture and vehicles24€34,372
Other tangible fixed assets26€3,702
Current assets29/58€123,220
Stocks and contracts in progress3€3,802
Stocks30/36€3,802
Amounts receivable within one year40/41€527
Other amounts receivable41€527
Cash at bank and in hand54/58€118,756
Deferred charges and accrued income490/1€135
Equity and liabilities
Total equity and liabilities10/49€172,094
Equity10/15€54,405
Contributions10/11€1,000
Profit (loss) carried forward14€53,405
Amounts payable17/49€117,689
Amounts payable after more than one year17€17,243
Financial debts170/4€17,243
Amounts payable within one year42/48€100,446
Current portion of amounts payable after more than one year42€4,719
Trade debts44€5,761
Suppliers440/4€5,761
Taxes, remuneration and social security45€22,432
Taxes450/3€18,130
Remuneration and social security454/9€4,302
Other amounts payable47/48€67,534
Line2025
Profit (loss) for the period9904€53,405
+ Depreciation and write-downs630€10,575
Operating cash flow (approximation)€63,980

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Similar companies · same sector, comparable size

Of 20,500 companies in this sector we hold annual accounts for 11,468. 9,864 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Timeline

1 eventLatest 27-07-2026

History

On 25 February 2025, Group FLO was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
27-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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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Support & recognitions

1 register with a recognitionFASFC 1 site
FASFC
1
authorised site
Recognitions · licences · registrations1

Food safety, FASFC

1 site
Deinzeunit no. 2.315.499.668
1 permission
Toelating · Eetgelegenheid · since 28-11-2025

Company details

Private limited company · founded 25-02-2025Year ends 31-12Peppol reachable2 sites

Register details

Identification
Legal formPrivate limited company
Founded25-02-2025
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
55204Guest rooms (bed and breakfast)
56301Cafés and bars
68203Renting and operating of own or leased non-residential real estate, excluding land
77210Renting and leasing of sports and recreation goods
96230Day spas, saunas and steam baths
E-invoicing
Reachable via Peppol
Peppol ID 0208:1020415254
Also 9925:BE1020415254
Registered 18-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Deinze · 2 establishment units since 2021
seat establishment All 2 establishment units on the map
Ground area
2,906 m²
Building footprint
1,060 m²
Volume, LiDAR
10,672 m³
2 parcels, Flanders · tallest building 20.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Pop-upbar Flo
Tolpoortstraat 66-72, 9800 DeinzeFull-service restaurants
since 2021unit no. 2.315.499.668
Leiedam 13, 9800 Deinze
Accommodation
since 2026unit no. 2.393.698.395
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44011B0303/00B000 Flanders 2,634 m² 1 · 957 m² 20.4 m · 2 fl.
44011B0227/00F003 Flanders 272 m² 1 · 104 m² 13.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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