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FIRELIGHT GROUP

Active
Private limited companyfounded 199234 yrs activeLeeuwerikstraat 56, 9160 Lokeren, BelgiumKBO/BCE: BE 0446.461.009

FIRELIGHT GROUP has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9k and a net result of €651. Equity is shrinking by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 19% of 1934 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
65 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+4
Solvency27=
Growth33▲+5
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.74 against 0.6 in 2023; short-term debt: 12.8% and cash: 0% of total assets), and 97.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies more bankruptcies →
raises risk · 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
2.3%
Return on assets
0.2%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1934 sector peers (2024).
NBB · sector comparison
Position among 1934 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
34 d early
2023
10 d early
2022
43 d late
2021
29 d early
2020
27 d early
2019
34 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Turnover
€193k▲ 26.4%
2023 · €152k
2018: €190k 2019: €190k 2020: €104k 2021: €114k 2022: €135k 2023: €152k
2018 → 2024
EBIT margin
5.1%▲ 14.9pp
2023 · -9.8%
2018: 12.8% 2019: 7.5% 2020: -6.3% 2021: -7.7% 2022: 0.3% 2023: -9.8%
2018 → 2024
Net result
€651
2023 · €-22k
2018: €22k 2019: €7k 2020: €350 2021: €-6k 2022: €-5k 2023: €-22k
2018 → 2024
Working capital
€-14k▲ 44.2%
2023 · €-24k
2018: €-19k 2019: €-11k 2020: €-8k 2021: €-130k 2022: €-24k 2023: €-24k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€104k-€114k▲ 9.7%€135k▲ 18.7%€152k▲ 12.9%€193k▲ 26.4%
Equity€42k-€36k▼ 14.3%€31k▼ 13.3%€9k▼ 72.1%€9k▲ 7.6%
Operating result€-7k-€-9k▼ 33.9%€373€-15k€10k
Net result€350-€-6k€-5k▲ 19.9%€-22k▼ 368%€651
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0€10kOperating result 2020: €-7k€-7kNet result 2020: €350€350Operating result 2021: €-9k€-9kNet result 2021: €-6k€-6kOperating result 2022: €373€373Net result 2022: €-5k€-5kOperating result 2023: €-15k€-15kNet result 2023: €-22k€-22kOperating result 2024: €10k€10kNet result 2024: €651€65120202021202220232024
The operating result returns to profit in 2024: €10k after a loss of €15k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €409k
Fixed assets €370k▼ 14.3%
Current assets €39k▲ 8.2%
Equity and liabilities €409k
Equity €9k▲ 7.6%
Debt €399k▼ 13.0%
The debt ratio falls from 98.2% to 97.7%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€79k
2023 · €41k
Cash flow
€70k
2023 · €34k
Solvency
2.3%
2023 · 1.8%
Current ratio
0.74
2023 · 0.60
Quick ratio
0.40
2023 · 0.29
Debt / equity
43.18
2023 · 53.38
ROE
7.0%
2023 · -258.7%
ROA
0.2%
2023 · -4.8%
Interest coverage
9.02
2023 · 6.77
Debt
€399k
2023 · €459k
Debt ≤ 1 year
€52k
2023 · €60k
Debt > 1 year
€347k
2023 · €399k
Income taxes
€476
2023 · €1k
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€468k€409k
Fixed assets21/28€432k€370k
Intangible fixed assets21€650€650=
Tangible fixed assets22/27€431k€369k
Plant, machinery and equipment23€429k€367k
Furniture and vehicles24€2k€2k
Current assets29/58€36k€39k
Stocks and contracts in progress3€19k€18k
Stocks30/36€19k€18k
Amounts receivable within one year40/41€15k€19k
Trade receivables40€14k€19k
Other amounts receivable41€989-
Cash at bank and in hand54/58€317€75
Deferred charges and accrued income490/1€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€468k€409k
Equity10/15€9k€9k
Contributions10/11€25k€25k=
Reserves13€6k€6k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€-22k€-22k
Amounts payable17/49€459k€399k
Amounts payable after more than one year17€399k€347k
Financial debts170/4€230k€192k
Other amounts payable178/9€169k€155k
Amounts payable within one year42/48€60k€52k
Current portion of amounts payable after more than one year42€32k€35k
Trade debts44€25k€3k
Suppliers440/4€25k€3k
Taxes, remuneration and social security45-€5k
Taxes450/3-€5k
Other amounts payable47/48€4k€9k
Income statement Code20232024
Turnover70€152k€193k
Goods, raw materials, services and sundry goods60/61€107k€113k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€69k
Other operating charges640/8€4k€1k
Gross operating margin9900€45k€80k
Operating profit (loss)9901€-15k€10k
Financial income75/76B€92€11
Recurring financial income75€92€11
Financial charges65/66B€6k€9k
Recurring financial charges65€6k€9k
Profit (loss) for the period before taxes9903€-21k€1k
Income taxes67/77€1k€476
Profit (loss) for the period9904€-22k€651
Profit (loss) for the period to be appropriated9905€-22k€651
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-22k
Profit (loss) brought forward from the previous period14P-€-22k

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

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Timeline · acts, filings and financial milestones

2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €651
Net result €651 after 3 loss-making years.
21-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
12-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 43 days late
2022
02-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
04-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
27-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
14-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
08-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Lokeren · 1 establishment unit since 1992
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.

Leeuwerikstraat 569160 Lokeren
Ground area
685 m²
Building footprint
130 m²
Volume, LiDAR
671 m³
Parcel 46014A1006/00Y000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Leeuwerikstraat 56, 9160 Lokeren
NACE 7134005
since 19922.056.988.928
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46014A1006/00Y000 Flanders 685 m² 1 · 130 m² 8.1 m · 2 fl.
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

Of 519 companies in sector 59114 we hold annual accounts for 245. 114 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-01-1992
Fiscal year end31-12
Activities, NACEBEL
59114Motion picture, video and television programme production, sound recording and music publishing activities
71403
43211General electrical installation work
59140Motion picture, video and television programme production, sound recording and music publishing activities
59202Motion picture, video and television programme production, sound recording and music publishing activities
62900Other information technology and computer services
73110Advertising agencies
77222Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

3 entries
Establishment Lokeren 2.056.988.928
E-mail:info@firelight.be
Establishment Lokeren 2.056.988.928
Phone:+3293492561
Establishment Lokeren 2.056.988.928