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FLY CITY

Active
Private limited companyfounded 2024active for 2 yearsAvenue de la Balance 8, 1410 Waterloo, BelgiumKBO/BCE: BE 1008.765.158
Summary

The computed 12-month bankruptcy probability of FLY CITY is 5.6% (elevated). The 2024 annual accounts show equity of €3,947 and a net result of €947. Its solvency ranks better than 33% of 3,515 sector peers (NACE 95, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 24-04-2024 Normal situation
Activity
Washing and cleaning of motor vehicles NACE 95316and 1 other
Establishment unit
2.362.461.229 6000 Charleroi, since 24-04-2024
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • Kamdem PascalDirector · since 24-04-2024

Financial position

35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.6%
Annual accounts 2024
Gross margin
€2,822
Turnover
≈ €12,000
estimated
Profit
€947
Equity
€3,947
Total assets
€19,881
  • 2024 accounts filed 61 days after the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 1 of the last 3 accounts lateFigures for financial year 2024 (filed on 30-09-2025)Founded in 2024Liquidity: current ratio 1.25, cash €164Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 22% of micro companies in repair of computers and personal goods (NACE 95)
Financial strength
Weak
Solvency 45
equity 19.9% of total assets
Liquidity 9
short-term debt 77.6% · cash 0.8%
Profitability 49
return on assets 4.8%
Bankruptcy probability within 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,128 companies, NACE 95, micro)
Last 24 months 05-2025: 1.8%lowest value 06-2025: 1.8%● unchanged vs 05-2025lowest value 07-2025: 1.9%▲ +0.1 percentage points vs 06-2025 08-2025: 2.2%▲ +0.3 percentage points vs 07-2025 09-2025: 2.3%▲ +0.1 percentage points vs 08-2025 10-2025: 3.2%▲ +0.9 percentage points vs 09-2025 11-2025: 3.2%● unchanged vs 10-2025 12-2025: 3.4%▲ +0.2 percentage points vs 11-2025 01-2026: 3.4%● unchanged vs 12-2025 02-2026: 3.4%● unchanged vs 01-2026 03-2026: 3.4%● unchanged vs 02-2026 04-2026: 3.7%▲ +0.3 percentage points vs 03-2026 05-2026: 3.7%● unchanged vs 04-2026 06-2026: 3.7%● unchanged vs 05-2026 07-2026: 3.7%● unchanged vs 06-2026 08-2026: 4.3%▲ +0.6 percentage points vs 07-2026 09-2026: 4.4%▲ +0.1 percentage points vs 08-2026 10-2026: 5.6%▲ +1.2 percentage points vs 09-2026highest value 11-2026: 5.6%● unchanged vs 10-2026highest value
No publishable credit limit, so credit only on tighter terms
Liquidity is tight, with a current ratio of 1.25, below the usual 1.5. Short-term debt is 77.6% and cash 0.8% of total assets. 80.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, micro). It does better than 31% of them on solvency, 7% on liquidity and 27% on profitability.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 30-09-2025)
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 1.25, cash €164
NBB · annual accounts
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its 2024 accounts 61 days after the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Recent changes

  1. · Gazette deed IncorporationStarting capital €3,000
All 2 events

Comparable companies

These companies have the same main activity as FLY CITY: washing and cleaning of motor vehicles (NACE 95316). They are comparable in size and age: total assets between €11,100 and €43,100, founded between 2022 and 2025.

CompanyTotal assetsGross margin
FLY CITY Waterloo€19,881€2,822
N&B AUTO CARE Schaarbeek€35,717€3,622
Pops Wash Wavre€11,241€3,029
AUTO MH Brussel€14,810€2,112
MADINA.BE Wetteren€11,139€1,766
USTAAD Tienen€11,650€4,773
3CP- CERAMIC CAR CONCEPT PRESTIGE Pepinster€43,127€2,216
Full comparison

Key facts about FLY CITY

What is the company number of FLY CITY?
The company number of FLY CITY is 1008.765.158. The VAT number is the same number with BE in front: BE 1008.765.158.
Where is FLY CITY based?
The registered office is at Avenue de la Balance 8, 1410 Waterloo.Company details
What does FLY CITY do?
According to the KBO register, the main activity is washing and cleaning of motor vehicles (NACE 95316).
What is the legal form of FLY CITY?
The legal form of FLY CITY is Private limited company (BV).
When was FLY CITY founded?
FLY CITY was founded on 24-04-2024.
Is FLY CITY still active?
Yes, FLY CITY is an active enterprise in the KBO register.
What is the turnover of FLY CITY?
The turnover in financial year 2024 is ≈ €12,000. This figure is estimated from the gross margin of €2,822 and 61 comparable companies (NACE 95316). It probably lies between €8,100 and €24,000. It is a rough estimate.Financials
Is FLY CITY profitable?
In financial year 2024, FLY CITY made a profit of €947.
Where can I find the annual accounts of FLY CITY?
FLY CITY filed 1 annual account with the National Bank of Belgium, for financial year 2024.

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