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FLAMATECH

Dissolved and wound up on 05-10-2021 KBO/BCE: BE 0458.044.292 subsidiary of Magduton NV
FLAMATECH
Follow Report

Overview

Lifetime

15 annual accounts with figures on one time axis, 24 filings since 1997
peak €200,103 (2016)
€21,590▼ 87.6%
lowest -€16,333 (2020)
-€16,333▼ €30,693
peak €69,397 (2006)
€4,312▼ 79.1%
€20,838▼ 56.1%
peak 6.8 FTE (2015)
1.5 FTE▼ 71.2%
Board2 names since 2020
- 
Owners3 names in the annual accounts
99.46%MAGDUTON
Documentsfilings and deeds
06-09-202137 days late
2020abbreviated format
Gross margin from €174,708 to €21,590Loss of €16,333Staff from 5.2 FTE to 1.5 FTE1 manager resigning 26-03Equity from €20,646 to €4,312Debts from €47,505 to €20,838

Key points

from the 2020 annual accounts, the last ones filed

Equity

€4,312 from €69,397 in 2006

Equity fell by 94% in 14 years.

Staff

1.5 FTE from 6.8 in 2015

Between 2015 and 2020, 78% of the full-time equivalents disappeared.

Filings

24 annual accounts since 1997
AprilJune31 JulyOctober200020102020

Five of the last ten came late. The 2020 accounts came latest: 37 days after the end of the period.

No score

Board and ownership

last known board
NM
NV Magduton
Director, until 2021
  • Magduton NV consolidatesequity €1.2m (2025) · annual accounts 2020
Board & ownership

Recent changes

Dissolution with immediate closure of the liquidation Dissolved and wound up in a single deed on 05-10-2021 · Books and records kept in Bruges · Resignation: NV Magduton (sole director) · General meeting of 05-10-2021 · Gazette deed
1 manager resigning Hrana Comm.V (manager) · Permanent representatives: Jossie Vanhauwaert, Luc Vanaudenaerde, Bram Vanaudenaerde and Bert Vanaudenaerde · General meeting of 12-03-2020 · Gazette deed
Incorporation 32 publications in the Belgian Official Gazette, the last on 19-10-2021 · Gazette deed
All 30 events

Official details

Source: KBO
Status
Dissolved and wound up on 05-10-2021deed of 19-10-2021
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2020

€21,590▼ 87.6%
≈ €150,000estimated
€16,333
€4,312▼ 79.1%
€25,150▼ 63.1%
1.5 FTE▼ 71.2%
Filing
Filed on 06-09-2021
Financials

Insights on FLAMATECH

Inactive. The last annual accounts are for financial year 2020. The company was dissolved and wound up in a single deed on 05-10-2021. The books and records are kept in Bruges.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2020

abbreviated format, filed on 06-09-2021, 37 days late
€21,590
▼ 87.6%
-€20,036
▼ €39,635
-€16,333
▼ €30,693
€4,312
▼ 69.1%
17.1%
▼ 13.1 percentage points
1.21
▼ 0.09

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €150,000. Estimated: probably between €61,000 and €370,000.

Balance sheet

balance sheet total €25,150 on 31-12-2020
What the company ownsHow it is paid for

in euro

in euro

Staff

€23,638

Staff costs divided by the average number of full-time equivalents.

-6 people

people who joined people who left

In 2020, 4 people joined and 10 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 25,15068,15184,84153,30199,66667,79895,746103,70579,16759,76161,67779,37095,950224,017210,778
20 ---------2,6256,1259,62513,125--
21/28 -6,99313,61820,80224,89033,86331,17934,37727,77339,85052,93170,55173,58364,966150,642
21 -----------5483,8507,15210,454
22/27 -6,99313,61820,80224,89033,86331,17934,37727,77337,22546,80660,37956,60857,81476,274
23 -2,3857,85611,54811,57316,48411,19610,46810,45515,22417,84823,00028,2667,30811,272
24 ---------1,1252,9894,8532536,28447,131
26 -4,6085,7639,25413,31717,37919,98323,90917,31820,87625,96832,52528,31614,22217,871
28 --------------63,914
29/58 25,15061,15771,22332,49874,77633,93564,56869,32851,39419,9118,7468,81822,367159,05160,136
3 -3,7513,9151,9243,6794,3221,4737228546319662,5462,9612,5431,033
30/36 -3,7513,9151,9243,6794,3221,4737228546319662,5462,9612,5431,033
40/41 21,44920,53433,22111,12914,40825,49757,98263,60943,42515,4442,6501,19012,097151,83252,148
40 -7,5459,87910,97910,179-7,4341,040-10,2942,500131,1228,6022,918
41 21,44912,98923,3421504,23025,49750,54862,56843,4255,1501501,17710,975143,23049,230
54/58 3,70236,70633,40518,84256,3893,8224,7774,7156,4783,3444,6804,6377,1503,1445,358
490/1 -1666816043002953352836384934504441601,5331,597
Balance sheet: equity and liabilities
10/49 25,15068,15184,84153,30199,66667,79895,746103,70579,16759,76161,67779,37095,950224,017210,778
10/15 4,31220,64621,28625,34421,53340,06921,75534,25934,20130,22027,26726,59726,87266,19969,397
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60063,00063,000
100 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60063,00063,000
13 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8603,1551,320
130/1 1,860--------------
130 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8603,1551,320
14 -16,1481868264,8841,07319,6091,29513,79913,7419,7606,8076,1376,412445,077
17/49 20,83847,50563,55527,95778,13227,73073,99269,44644,96629,54134,41052,77369,078157,818141,381
17 -------------27,43443,786
170/4 -------------27,43443,786
42/48 20,83847,21454,92827,95771,73924,18070,35862,61040,50625,01131,50849,56066,147127,43081,519
42 --3,713----------16,35226,352
43 ------3,6334,7963,8965,0829,24419,16120,49518,63510,399
430/8 ------3,6334,7963,8965,0829,24419,16120,49518,63510,399
44 13,75811,12927,4909,37711,49012,52834,64235,42131,74813,51915,89223,65539,25446,99738,880
440/4 13,75811,12927,4909,37711,49012,52834,64235,42131,74813,51915,89223,65539,25446,99738,880
45 7,08021,08414,72518,58020,25011,6528,0847,3934,8636,4116,3716,7436,3915,5465,888
450/3 7,08010,8554,8863,7073,9251928427-1,7221,149-69510622
454/9 -10,2299,83914,87316,32511,4608,0756,9664,8634,6885,2226,7436,3215,0365,266
47/48 -15,0009,000-40,000-24,00015,000----739,900-
492/3 -2918,627-6,3933,5503,6346,8364,4594,5302,9023,2132,9322,95416,076
Income statement
76A -------------9,500-
9900 21,590174,708160,266171,899200,103199,585111,891103,27892,52187,88289,59189,34785,89974,25379,455
62 35,456147,646144,133158,235171,331171,13290,02178,03175,17967,71368,65665,89658,49243,65843,848
630 -6,6259,1049,1948,97310,1288,8988,45312,07715,63717,62119,39014,23325,66222,252
640/8 6378387267477437396526487087007515371,1592,1193,951
66A 5,533-----------11,145-647
9901 -20,03619,5986,3033,72319,05617,58612,32116,1474,5573,8332,5633,52412,0152,8149,405
75/76B 4,7043,7703,4153,5154,1122,5101,3572221563338-8,24230,0861,727
75 4,7043,7703,4153,5154,1122,5101,3572221563338-8,24230,0861,727
65/66B 1,0011,9292,2131,1047831,7822,1821,0907961,4432,2313,8314,0395,6985,594
65 1,0011,9292,2131,1047831,7822,1821,0907961,4432,2313,8314,0395,6985,594
9903 -16,33321,4397,5046,13422,38518,31411,49615,0583,9822,953669-3075,07336,7024,891
67/77 -7,0802,5622,324920--0----32---
9904 -16,33314,3594,9433,81021,46518,31411,49615,0583,9822,953669-2755,07336,7024,891
9905 -16,33314,3594,9433,81021,46518,31411,49615,0583,9822,953669-2755,07336,7024,891
Appropriation of the result
9906 -16,14815,1869,8264,88441,07319,60925,29528,79913,7419,7606,8076,1375,11741,7795,322
791/2 ------------1,295--
691/2 -------------1,835245
6920 -------------1,835245
694/7 -15,0009,000-40,000-24,00015,000-----39,900-
694 -15,0009,000-20,000--------39,900-
695 ----20,000-24,00015,000-------
Social balance sheet
9087 1.55.25.85.36.56.83.42222.22.22.21.81.7
Hours worked1013 1,5987,3277,4077,5878,7348,7224,5263,4993,5023,5173,7263,6133,5782,7342,806
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 9 older financial years (1997-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2020 (PDF), filed on 06-09-2021.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2020 annual accounts filed 37 days after the deadline. Filed on 6 September 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-66500253.

Financial year Type Filed Reference Document
31-12-2020 abbreviated format 06-09-2021 2021-66500253 PDF
31-12-2019 abbreviated format 25-08-2020 2020-44700305 PDF
31-12-2018 abbreviated format 28-08-2019 2019-54200452 PDF
31-12-2017 abbreviated format 27-07-2018 2018-40500533 PDF
31-12-2016 abbreviated format 16-08-2017 2017-44300095 PDF
31-12-2015 abbreviated format 09-08-2016 2016-41600421 PDF
31-12-2014 abbreviated format 31-07-2015 2015-38400544 PDF
31-12-2013 abbreviated format 17-07-2014 2014-32300136 PDF
31-12-2012 abbreviated format 26-07-2013 2013-36500053 PDF
31-12-2011 abbreviated format 24-07-2012 2012-33300263 PDF
31-12-2010 abbreviated format 10-08-2011 2011-39200407 PDF
31-12-2009 abbreviated format 07-07-2010 2010-28400123 PDF
31-12-2008 abbreviated format 28-07-2009 2009-50000192 PDF
31-12-2007 abbreviated format 12-06-2008 2008-21700391 PDF
31-12-2006 abbreviated format 13-07-2007 2007-39200087 PDF
31-12-2005 abbreviated format 21-08-2006 2006-64804322 PDF
31-12-2004 abbreviated format 15-07-2005 2005-50002408 PDF
31-12-2003 abbreviated format 28-07-2004 2004-53000259 PDF
31-12-2002 abbreviated format 30-07-2003 2003-55700167 PDF
31-12-2001 abbreviated format 03-09-2002 2002-53101222 PDF
31-12-2000 abbreviated format 18-07-2001 2001-39403491 PDF
31-12-1999 abbreviated format 06-11-2000 2000-69802654 PDF
31-12-1998 abbreviated format 25-08-2000 2000-52705180 PDF
31-12-1997 abbreviated format 25-08-2000 2000-52705168 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202020192018201720162015201420132012201120102009200820072006
-26,22415,40612,91828,02927,71421,21924,60016,63419,46920,18422,91426,24828,47631,657
-20,98514,04713,00530,43828,44220,39423,51116,05918,59018,29019,11519,30662,36427,143
-01,9205,107012,8125,69915,05702,556016,35844,9953,90055,633
-33,0053,30114,564-37,54752,567-95562-1,7633,134-1,33743-2,5124,006-2,214-
4,31213,94416,2954,5413,0369,756-5,7906,71810,888-5,100-22,762-40,741-43,78031,621-21,383
17.1%30.3%25.1%47.5%21.6%59.1%22.7%33.0%43.2%50.6%44.2%33.5%28.0%29.6%32.9%
1.211.301.301.161.041.400.921.111.270.800.280.180.341.250.74
1.211.221.231.090.991.220.901.101.250.770.250.130.291.230.73
4.832.302.991.103.630.693.402.031.310.981.261.982.572.382.04
-378.8%69.6%23.2%15.0%99.7%45.7%52.8%44.0%11.6%9.8%2.5%-1.0%18.9%55.4%7.0%
-64.9%21.1%5.8%7.1%21.5%27.0%12.0%14.5%5.0%4.9%1.1%-0.3%5.3%16.4%2.3%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on FLAMATECH

The operating result for 2020 is a loss of €20,036, after a profit of €19,598 in 2019. It is the lowest result since 2006.

Debt's share of the balance-sheet total rises from 69.7% to 82.9%. Equity and debt are lower.

Board & ownership

Mandates through the years

2 names
NV Magduton
Sole director
Hrana Comm.V
Manager
Earliermandate already running before its first mention
Mandates as a list
  • NV Magduton
    • Sole director, until 05-10-2021
  • Hrana Comm.V
    • Manager, until 16-03-2020

See the board, name and registered office on a given date →

Control

Consolidating parent
Magduton NV
Equity €1.2m
Loss €16,572 in 2025 (loss €24,698 in 2024)
Source: parent in own accounts 2020
consolidates
This company
FLAMATECH
Equity €4,312
Loss €16,333 in 2020

Capital

Capital
€18,600
Source
2020 annual accounts

Owners through the years

as the annual accounts name them
MAGDUTON
50%99.46%79.57%
99.46%
The Waffle Concept Company
50%
50% until 2012
VIDAN
50%
50% until 2009
Owners as a list

Source: lists of holdings in the owners' accounts

Office holders in the KBO →

Network & group

Holdings

own 2006 accounts
This companyFLAMATECH1 holding, 1 country 2006 accounts

Belgium 1 Equity Result

Source: list of holdings in its own 2006 accounts. Every holding stands with its own latest accounts.

Parent

Magduton NV
0438.069.024 · equity €1.2m · loss €16,572 (2025)

Connections & network

Depth

The network starts from the shareholders of FLAMATECH. Every company they also own or run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

30 events since 1996
2021
Dissolution with immediate closure of the liquidationDissolved and wound up in a single deed on 05-10-2021 · Books and records kept in Bruges · Resignation: NV Magduton (sole director) · General meeting of 05-10-20215 points ▸
  • General meeting, 05-10-2021
  • Net-asset statement, 21-09-2021
  • Director resignation, NV Magduton (sole director)
  • Director discharge, NV Magduton
  • Power of attorney, Vanaudenaerde Luc
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFabbreviated format · 37 days late
2020
Weakest financial year net -€16,333 The net result drops to -€16,333, the lowest from 2006 to 2020.
Annual accounts 2019 filed PDFabbreviated format · 25 days late
1 manager resigningHrana Comm.V (manager) · Permanent representatives: Jossie Vanhauwaert, Luc Vanaudenaerde, Bram Vanaudenaerde and Bert Vanaudenaerde · General meeting of 12-03-20206 points ▸
  • General meeting, 12-03-2020
  • Director resignation, Hrana Comm.V (manager)
  • Permanent representative, Jossie Vanhauwaert
  • Permanent representative, Luc Vanaudenaerde
  • Permanent representative, Bram Vanaudenaerde
  • Permanent representative, Bert Vanaudenaerde

Open the deed in the Belgian Official Gazette

2019
Annual accounts 2018 filed PDFabbreviated format · 28 days late
2018
Annual accounts 2017 filed PDFabbreviated format · 4 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 16 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 9 days late
2015
Annual accounts 2014 filed PDFabbreviated format · on the deadline day
2014
Annual accounts 2013 filed PDFabbreviated format · 14 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 5 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 7 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 10 days late
2010
Back to profit net €669 The net result is €669, after one loss-making year.
Annual accounts 2009 filed PDFabbreviated format · 24 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 3 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 49 days before the deadline
2007
Highest result from 2006 to 2020 net €36,702 ▲650% The net result of €36,702 is the highest of those years.
Annual accounts 2006 filed PDFabbreviated format · 18 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
Annual accounts 1997 filed PDFabbreviated format
Annual accounts 1998 filed PDFabbreviated format
1996
Incorporation 32 publications in the Belgian Official Gazette, the last on 19-10-2021

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Total assets went from €84,841 in 2018 to €25,150 in 2020 and headcount from 5.8 to 1.5 full-time equivalents.1 In 2021 FLAMATECH was dissolved and its liquidation closed in a single deed.2

  1. 1National Bank, annual accounts 2018 and 2020
  2. 2Belgian Official Gazette, 19-10-2021

Company details

Inactive

Dissolved and wound up on 5 October 2021

FLAMATECH is no longer in the KBO register.

Status
Inactive
Reason
Dissolved and wound up in a single deedBelgian Official Gazette, 19 October 2021 · deed
Last annual accounts
financial year to 31 December 2020
Last registered office
Peerdenstraat 15, 8000 Bruggeas published on 19 October 2021
Legal form
Private limited company
First annual accounts
financial year 1997
Official KBO record

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