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FLAMBEAU

Open bankruptcy
Private limited company (pre-2019)founded 2016KBO/BCE: BE 0651.896.418

A bankruptcy procedure is open for FLAMBEAU according to publications in the Belgian State Gazette; curator: NICOLAS VAN DER BORGHT.

Summary

The 2020 annual accounts show equity of €57,535 and a net result of €16,387.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
French-language Enterprise Court of Brussels
Declared bankrupt
21 November 2022
Supervising judge
Albert Bechet
Official Gazette
29-11-2022 (pdf) ↗search the document for 2022/143818

Deadlines

Appeal or third-party opposition until
passed on 14 December 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 21 December 2022art. XX.104 and XX.155 CEL
First verification report
passed on 28 December 2022Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 21 November 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
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

History

On 13 April 2016, FLAMBEAU was incorporated.1 Total assets went from EUR 222,879 in 2018 to EUR 173,507 in 2020 and headcount from 2.6 to 0.8 full-time equivalents.2 The company was declared bankrupt on 21 November 2022.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020
  3. 3Belgian State Gazette, 29-11-2022

Go further with this company

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

Financials · fiscal year 2020, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16,387▲ 30.0%
2019 · €12,604
Working capital
€61,164▲ 227%
2019 · €18,681
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820192020
Operating result€18,245-€14,083▼ 22.8%€19,388▲ 37.7%
Net result€10,867-€12,604▲ 16.0%€16,387within the sector's middle half▲ 30.0%
Equity€36,044-€40,392▲ 12.1%€57,535within the sector's middle half▲ 42.4%
Total assets€222,879-€138,374▼ 37.9%€173,507within the sector's middle half▲ 25.4%
Debt€186,835-€97,982▼ 47.6%€115,972▲ 18.4%
Working capital€36,447-€18,681▼ 48.7%€61,164▲ 227%
Solvency16.2%-29.2%▲ 13.0pp33.2%within the sector's middle half▲ 4.0pp
Staff (FTE)2.6-0.8▼ 69.2%0.8below the sector's middle half=
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000€20,000Operating result 2018: €18,245€18,245Net result 2018: €10,867€10,867Operating result 2019: €14,083€14,083Net result 2019: €12,604€12,604Operating result 2020: €19,388€19,388Net result 2020: €16,387€16,387201820192020€0€5,000€10,000€15,000€20,000Operating result 2018: €18,245€18,200Net result 2018: €10,867€10,900Operating result 2019: €14,083€14,100Net result 2019: €12,604€12,600Operating result 2020: €19,388€19,400Net result 2020: €16,387€16,400201820192020
The operating result recovers in 2020; 2020 is 38% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €173,507
Fixed assets €52,569 ▼ 10.5%
Current assets €120,938 ▲ 51.9%
Equity and liabilities €173,507
Equity €57,535 ▲ 42.4%
Debt €115,972 ▲ 18.4%
Debt's share of the balance-sheet total falls from 70.8% to 66.8%. Equity and debt are higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
€51,376▲
2019 · €44,490
Cash flow
€48,375▲
2019 · €43,011
Current ratio
2.02▲
2019 · 1.31
Debt to equity
0.98▲
2019 · 0.92
ROE
28.5%▼
2019 · 31.2%
ROA
9.4%▲
2019 · 9.1%
Debt ≤ 1 year
€59,774▼
2019 · €60,954
Debt > 1 year
€56,198▲
2019 · €37,028
Income taxes
€1,314
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 25 lines
Balance sheet Code20192020
Assets
Total assets20/58€138,374€173,507▲
Fixed assets21/28€58,739€52,569▼
Tangible fixed assets22/27€58,639€52,469▼
Financial fixed assets28€100€100=
Current assets29/58€79,635€120,938▲
Amounts receivable within one year40/41€15,114€53,340▲
Cash at bank and in hand54/58€3,900€7,116▲
Equity and liabilities
Total equity and liabilities10/49€138,374€173,507▲
Equity10/15€40,392€57,535▲
Contributions10/11€5,443-
Reserves13€1,860€1,860=
Profit (loss) carried forward14€33,088€49,475▲
Amounts payable17/49€97,982€115,972▲
Amounts payable after more than one year17€37,028€56,198▲
Amounts payable within one year42/48€60,954€59,774▼
Trade debts44€8,585€12,677▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,407€31,988▲
Gross operating margin9900€77,526€69,774▼
Operating profit (loss)9901€14,083€19,388▲
Recurring financial income75€30€40▲
Recurring financial charges65€1,509€1,727▲
Profit (loss) for the period before taxes9903€12,604€17,701▲
Income taxes67/77-€1,314
Profit (loss) for the period9904€12,604€16,387▲
Profit (loss) for the period to be appropriated9905€12,604€16,387▲
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,784€30,407€31,988▲ 5.2%
Gross operating margin9900€101,284€77,526€69,774▼ 10.0%
Operating profit (loss)9901€18,245€14,083€19,388▲ 37.7%
Recurring financial income75€146€30€40▲ 33.6%
Recurring financial charges65€2,884€1,509€1,727▲ 14.4%
Profit (loss) for the period before taxes9903€15,507€12,604€17,701▲ 40.4%
Income taxes67/77€4,640-€1,314-
Profit (loss) for the period9904€10,867€12,604€16,387▲ 30.0%
Profit (loss) for the period to be appropriated9905€10,867€12,604€16,387▲ 30.0%
Line201820192020Change
Assets
Total assets20/58€222,879€138,374€173,507▲ 25.4%
Fixed assets21/28€66,033€58,739€52,569▼ 10.5%
Tangible fixed assets22/27€65,933€58,639€52,469▼ 10.5%
Financial fixed assets28€100€100€100=
Current assets29/58€156,846€79,635€120,938▲ 51.9%
Amounts receivable within one year40/41€54,458€15,114€53,340▲ 253%
Cash at bank and in hand54/58€64,753€3,900€7,116▲ 82.4%
Equity and liabilities
Total equity and liabilities10/49€222,879€138,374€173,507▲ 25.4%
Equity10/15€36,044€40,392€57,535▲ 42.4%
Contributions10/11€6,200€5,443--
Reserves13€1,860€1,860€1,860=
Profit (loss) carried forward14€27,984€33,088€49,475▲ 49.5%
Amounts payable17/49€186,835€97,982€115,972▲ 18.4%
Amounts payable after more than one year17€66,436€37,028€56,198▲ 51.8%
Amounts payable within one year42/48€120,399€60,954€59,774▼ 1.9%
Trade debts44-€8,585€12,677▲ 47.7%
Line201820192020Change
Profit (loss) for the period9904€10,867€12,604€16,387▲ 30.0%
+ Depreciation and write-downs630€25,784€30,407€31,988▲ 5.2%
Operating cash flow (approximation)€36,651€43,011€48,375▲ 12.5%
Investment in fixed assets (approximation)--€23,113-€25,818▼ 11.7%
Change in cash--€60,853€3,216▲ 105%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2022
29-11
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 21-11-2022
2021
08-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 130 days late
2020
31-12
Financial Highest result since 2018net €16,387 ▲30%
Operating result €19,388, net result €16,387, both a record.
18-12
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 140 days late
2019
12-11
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 104 days late
2018
07-11
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 99 days late
2017
18-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 18 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 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, Brussel · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
8,272 m²
Building footprint
463 m²
Volume, LiDAR
7,065 m³
2 parcels, Brussels, Flanders · tallest building 26.6 m, ±8 floors. Linked by address, not a title deed.
423 companies at this address See who is registered here
1 establishment unit
PARKING ROYAL
Vilvoordelaan 120, 1830 Machelen (Brab.)NACE 45206
since 20212.318.125.794
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23047A0054/00D003 Flanders 7,464 m² 1 · 184 m² 5.6 m · 1 fl.
21803C0630/00H003 Brussels 808 m² 1 · 279 m² 26.6 m · 8 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator NICOLAS VAN DER BORGHT
AVENUE DE FRE 229, 1180 FR BRUXELLES 18
21-11-2022 → present

Similar companies · same sector, comparable size

Of 6,684 companies in sector 49330 we hold annual accounts for 2,299. 1,856 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded13-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
49330On-demand passenger transport by chauffeured vehicle
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.