Skip to content

FLAMAWAY IMMO

Active
Public limited companyfounded 20179 yrs activeBaaikensstraat 11, 9240 Zele, BelgiumKBO/BCE: BE 0678.652.382
Summary

FLAMAWAY IMMO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €988,779 and a net result of €44,667. Equity is shrinking by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 88% of 9986 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
FLAMAWAY IMMOActiveChecked score 86/100
Risk analysis ReportCompare

Overview

Activity
Real estate agency activities
NACE 68310NACE 68311
1 site
Size
€1.1mtotal assets 2025
Equity
€988,779
Profit
€44,667
Turnover not published (abridged schema)
Financial health
86 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Structure
Parent
FLAMAWAY GROUP · 99.98%
Accounts 5 d early0 of 5 deeds read
Why 86- Liquidity: current ratio 0.01, cash €888+ Sector Real estate activities (NACE 68)+ Equity €988,779 (86.8% of total assets)+ Legal form Public limited companyShow the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Better than 62% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 86.8% of total assets
Liquidity 50=
short-term debt 6.4% · cash 0.1%
Profitability 74+1
return on assets 3.9%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (26,360 companies)
Last 19 months 04-2025: 0.2% 05-2025: 0.2%● 0.0% vs 04-2025 06-2025: 0.2%● 0.0% vs 05-2025 07-2025: 0.2%● 0.0% vs 06-2025 08-2025: 0.2%▲ +1.6% vs 07-2025 09-2025: 0.2%▼ -5.6% vs 08-2025lowest value 10-2025: 0.2%▲ +8.7% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%▲ +16.0% vs 11-2025 01-2026: 0.3%▲ +14.2% vs 12-2025 02-2026: 0.3%▲ +19.6% vs 01-2026 03-2026: 0.3%● 0.0% vs 02-2026 04-2026: 0.3%● 0.0% vs 03-2026 05-2026: 0.3%● 0.0% vs 04-2026 06-2026: 0.3%● 0.0% vs 05-2026 07-2026: 0.3%● 0.0% vs 06-2026 08-2026: 0.3%● 0.0% vs 07-2026 09-2026: 0.3%● 0.0% vs 08-2026 10-2026: 0.3%▲ +8.2% vs 09-2026highest value
  • Liquidity: current ratio 0.01, cash €888 raises the probability
  • Sector Real estate activities (NACE 68) lowers the probability
  • Equity €988,779 (86.8% of total assets) lowers the probability
  • Legal form Public limited company lowers the probability
Credit up to €85,000 at 30 days acceptable
Liquidity short (current ratio 0.01 against 1.1 in 2024; short-term debt: 6.4% and cash: 0.1% of total assets), and 13.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 91%, liquidity 51%, profitability 67%, growth against the median 38%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.01, cash €888
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Equity €988,779 (86.8% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Legal form Public limited company
In the bankruptcy model this factor lowers the probability.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
5 d early
2024
23 d early
2023
42 d early
2022
39 d early
2021
6 d early
2020
40 d early
2019
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 8 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close02-10-2026 today31-01-2027 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Positive: Among the best 12% on solvencysector median 31.3% · 9,986 companies 86.8% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by FLAMAWAY GROUP 99.98% View
  • Positive: 5 profitable years in a rowprofit 2025: €44,667 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.1m
Profit
€44,667
Solvency
86.8%
Total assets▼ 3.8%
Net result
20192025
Go to Financials

Timeline

Events
10
Since
2019
Next accounts
by 31-01-2027
  1. 26-01-2026Annual accounts filed
  2. 08-01-2025Annual accounts filed
  3. 20-12-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Real estate agency activitiesNACE 68310
Founded
17-07-2017
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure