Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2023; threshold 65 %.
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Busy address KBO
27 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
Flyfresh from Grâce-Hollogne, company number BE0704883558, closed financial year 2023 with a result of € -625,531 after tax. For that financial year Flyfresh recorded a gross margin of € -240,109 and equity of € -584,150. Compared with financial year 2022, the result moved from € 9,163 to € -625,531. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 28, 2024.
€ -584,150
▼ € 625,531 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -625,531
▼ still € 9,163 profit in 2022
Profit after tax over the fiscal year.
€ 23,213
▲ € 20,477 vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -753,410.
People and assets in 2023
4.4
▲ 0.4 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 343,564
▲ 106% vs 2022
€ 78,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 62,947
▲ € 60,598 vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 318,994
▲ 38% vs 2022
€ 8,260 is repaid this year. At this pace the long-term loan is gone in ≈ 31 years.
€ 746,942
▲ 186% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 117,948
▲ 261% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € 29,698 | € -240,109 | ▼ € 269,807 |
| Profit after taxes | € 9,163 | € -625,531 | ▼ € 634,693 |
| Equity | € 41,381 | € -584,150 | ▼ € 625,531 |
| Total debts | € 528,974 | € 1,184,406 | ▲ 124% |
| Cash | € 2,735 | € 23,213 | ▲ € 20,477 |
| Retained profit | € -127,879 | € -753,410 | ▼ € 625,531 |
| Bank debt | € 231,288 | € 318,994 | ▲ 38% |
| Balance sheet total | € 570,354 | € 600,256 | ▲ 5% |
| Employees (FTE) | 4 | 4.4 | ▲ 0.4 |
Key figures of Flyfresh, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 3 March 2025.
What happened to Flyfresh?
What happened at Flyfresh in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Flyfresh is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 625,531 (▼ € 634,693 vs 2022). filed late Source: NBB ↗
- New establishment in Grâce-Hollogne. KBO
- New establishment in Machelen (Brab.). KBO
- Start of the company according to the CBE. KBO
In short
From € 9,163 profit in 2022 to € 625,531 loss in 2023.
Paid € 147 in corporate taxes since 2022.
Best year ever: 2022, with € 9,163 profit.
On average € 7,400 of value added per employee in 2022.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Flyfresh is Loic GINDRE. Loic GINDRE is also behind LOGIC SERVICES.
Directors
According to the 2023 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue Saint-Exupéry 17
4460 Grâce-Hollogne
Bedrijvenzone Machelen-Cargo 706 box 412
1830 Machelen (Brab.)
Active since 21 September 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 27 companies are registered at this address.
All companies at this address →ELO CARGO
€ 277,316 gross margin · 2025
KASAe
CARGO PLUS
€ 323,897 gross margin · 2025
C.Y. Logistics
€ 2.2 million gross margin · 2024
e-Origin
€ 675,378 gross margin · 2025
+22 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0704.883.558
- VAT number
- BE 0704.883.558
- Registered office
- Rue Saint-Exupéry 17, 4460 Grâce-Hollogne
- Names & denominations
- Flyfresh
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 21 September 2018
- Peppol
- Not registered
- Contact
- flyfresh.aero [email protected]
- Activities · NACE
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