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FLAME LILY

Active
Private limited companyfounded 2025active for 1 yearMechelsesteenweg 195, 2640 Mortsel, BelgiumKBO/BCE: BE 1021.083.663
Summary

The computed 12-month bankruptcy probability of FLAME LILY is 5.0% (elevated). The 2025 annual accounts show negative equity (-€11,791) and a net result of -€31,791. Its solvency ranks better than 5% of 4,666 sector peers (NACE 56, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, abbreviated format

Equity
-€11,791
Total assets
€3,911
Net result
-€31,791
Working capital
-€13,796

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €3,911
Fixed assets €2,005
Current assets €1,906
Equity and liabilities
Equity-€11,791
Debt€15,702
Equity is negative: debt (€15,702) exceeds the balance-sheet total (€3,911).
Key figures and ratios
2025 value
EBITDA
-€29,081
Cash flow
-€29,134
Interest coverage
-539.83
Debt
€15,702
Debt ≤ 1 year
€15,702
Ratios withheld: a balance sheet total of €3,911 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
5.5% stopped otherwise
90.3% still going

For this company itself Checked computes a bankruptcy probability of 5.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 30 lines
Balance sheet Code2025
Assets
Total assets20/58€3,911
Fixed assets21/28€2,005
Tangible fixed assets22/27€2,005
Land and buildings22€2,005
Current assets29/58€1,906
Amounts receivable within one year40/41€1,883
Trade receivables40€600
Other amounts receivable41€1,283
Cash at bank and in hand54/58€24
Equity and liabilities
Total equity and liabilities10/49€3,911
Equity10/15-€11,791
Contributions10/11€20,000
Profit (loss) carried forward14-€31,791
Amounts payable17/49€15,702
Amounts payable within one year42/48€15,702
Trade debts44€2,982
Suppliers440/4€2,982
Other amounts payable47/48€12,720
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,657
Other operating charges640/8€409
Gross operating margin9900-€28,672
Operating profit (loss)9901-€31,737
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€54
Recurring financial charges65€54
Profit (loss) for the period before taxes9903-€31,791
Profit (loss) for the period9904-€31,791
Profit (loss) for the period to be appropriated9905-€31,791
Appropriation of the result
Profit (loss) to be appropriated9906-€31,791

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,657
Other operating charges640/8€409
Gross operating margin9900-€28,672
Operating profit (loss)9901-€31,737
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€54
Recurring financial charges65€54
Profit (loss) for the period before taxes9903-€31,791
Profit (loss) for the period9904-€31,791
Profit (loss) for the period to be appropriated9905-€31,791
Line2025
Assets
Total assets20/58€3,911
Fixed assets21/28€2,005
Tangible fixed assets22/27€2,005
Land and buildings22€2,005
Current assets29/58€1,906
Amounts receivable within one year40/41€1,883
Trade receivables40€600
Other amounts receivable41€1,283
Cash at bank and in hand54/58€24
Equity and liabilities
Total equity and liabilities10/49€3,911
Equity10/15-€11,791
Contributions10/11€20,000
Profit (loss) carried forward14-€31,791
Amounts payable17/49€15,702
Amounts payable within one year42/48€15,702
Trade debts44€2,982
Suppliers440/4€2,982
Other amounts payable47/48€12,720
Line2025
Profit (loss) for the period9904-€31,791
+ Depreciation and write-downs630€2,657
Operating cash flow (approximation)-€29,134

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 27-07-2026 2026-00344982

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 20,126 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,492. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €2,000 awarded · €2,000 paid
Schemes
1 entry · €2,000 · €2,000 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.