BIO FLAMINGO

Active

Private limited companyfounded 20196 yrs activeRue de Courtrai(TOU) 13, 7500 Tournai, BelgiumKBO/BCE: BE 0734.844.779

BIO FLAMINGO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €16k and a net result of €-13k. Equity is shrinking by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 62% of 177 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Watch Print / PDF

Checked score

Score 2024

35 / 100

Weak▼ -25 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0=

Solvency81▼-18

Growth32=

Stability100

Bankruptcy probability, 12 months

1.1% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days only on tighter terms

Liquidity ample (current ratio 1.71 against 2.49 in 2023), but 56.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 20

Relative position

BE, all sectors

reference

Sector 20

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

43.7%

Return on assets

-34.3%

Age of the figures

20 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

2021222324

2020 to 2024 · latest year -€13k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

68 d late

2023

6 d early

2022

30 d late

2021

61 d late

2020

31 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-13k▼ 184%

2023 · €-5k

2020: €29k 2021: €14k 2022: €-11k 2023: €-5k

2020 → 2024

Working capital

€15k▼ 41.1%

2023 · €25k

2020: €32k 2021: €41k 2022: €28k 2023: €25k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€33k-€47k▲ 42.8%€34k▼ 27.7%€29k▼ 13.4%€16k▼ 44.0%

Operating result€38k-€18k▼ 51.7%€-10k€-4k▲ 61.8%€-12k▼ 212%

Net result€29k-€14k▼ 52.3%€-11k€-5k▲ 60.1%€-13k▼ 184%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €12k in 2024 against €4k in 2023; the loss grows and 2024 is the lowest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €38k

96.0%

Fixed assets €1k▼ 62.1%

Current assets €36k▼ 14.8%

Equity and liabilities €38k

43.7%

56.3%

Equity €16k▼ 44.0%

Debt €21k▲ 24.4%

The debt ratio rises from 36.7% to 56.3%: debt grows while equity shrinks.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-10k▼

2023 · €-2k

Cash flow

€-12k▼

2023 · €-2k

Solvency

43.7%▼

2023 · 63.3%

Current ratio

1.71▼

2023 · 2.49

Quick ratio

0.31▼

2023 · 1.14

Debt / equity

1.29▲

2023 · 0.58

ROE

-78.4%▼

2023 · -15.5%

ROA

-34.3%▼

2023 · -9.8%

Interest coverage

-8.25▼

2023 · -2.06

Debt

€21k▲

2023 · €17k

Debt ≤ 1 year

€21k▲

2023 · €17k

Staff costs

€7k▼

2023 · €20k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€46k€38k▼

Fixed assets21/28€4k€1k▼

Tangible fixed assets22/27€4k€1k▼

Land and buildings22€2k€1k▼

Plant, machinery and equipment23€182-

Furniture and vehicles24€1k-

Financial fixed assets28€66-

Current assets29/58€42k€36k▼

Stocks and contracts in progress3€23k€30k▲

Stocks30/36€23k€30k▲

Amounts receivable within one year40/41€420-

Trade receivables40€420-

Other amounts receivable41€0-

Cash at bank and in hand54/58€19k€7k▼

Deferred charges and accrued income490/1€23-

Equity and liabilities

Total equity and liabilities10/49€46k€38k▼

Equity10/15€29k€16k▼

Contributions10/11€5k€5k=

Profit (loss) carried forward14€24k€11k▼

Amounts payable17/49€17k€21k▲

Amounts payable within one year42/48€17k€21k▲

Trade debts44€3k€4k▲

Suppliers440/4€3k€4k▲

Taxes, remuneration and social security45€13k€11k▼

Taxes450/3€8k€11k▲

Remuneration and social security454/9€4k-

Other amounts payable47/48€2k€6k▲

Income statement Code20232024

Remuneration, social security and pensions62€20k€7k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼

Other operating charges640/8€1k-

Non-recurring operating charges66A€134€2k▲

Gross operating margin9900€20k€-2k▼

Operating profit (loss)9901€-4k€-12k▼

Financial income75/76B€5€22▲

Recurring financial income75€5€22▲

Financial charges65/66B€766€1k▲

Recurring financial charges65€766€1k▲

Profit (loss) for the period before taxes9903€-4k€-13k▼

Income taxes67/77€48-

Profit (loss) for the period9904€-5k€-13k▼

Profit (loss) for the period to be appropriated9905€-5k€-13k▼

Appropriation of the result

Profit (loss) to be appropriated9906€24k€11k▼

Profit (loss) brought forward from the previous period14P€29k€24k▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 6Financial 1Filings 5

2025

07-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 68 days late

2024

31-12

Financial Weakest financial yearnet €-13k

Net result drops to €-13k, the lowest in the series.

25-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

30-08

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 30 days late

2022

30-09

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 61 days late

2021

31-08

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Tournai · 1 establishment unit since 2019

establishment The establishment unit on the map

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.

Rue de Courtrai(TOU) 137500 Tournai

Ground area

104 m²

Building footprint

58 m²

Parcel 57081F0069/00B000, Wallonia. Linked by address, not a title deed.

1 establishment unit

BIO FLAMINGO

Rue de Courtrai(TOU) 13, 7500 TournaiManufacture of chemicals and chemical products

since 20192.293.670.116

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
57081F0069/00B000	Wallonia	104 m²	1 · 58 m²	-

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Dilsen-Stokkem · Eq €13k

Of 242 companies in sector 20420 we hold annual accounts for 93. 38 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded24-09-2019

Fiscal year end31-12

Activities, NACEBEL

20420Manufacture of chemicals and chemical products

47750Retail sale of cosmetics and toilet articles

96022Beauty treatment

96220Beauty care and other beauty treatments

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:info@bioflamingo.be

Enterprise