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Flamengo Services

Active Private limited companyfounded 2005active for 21 yearsLéon Cuissezstraat 29, 1050 IxellesKBO/BCE: BE 0876.016.007

Lifetime

20 annual accounts with figures on one time axis
peak €252,350 (2006)
€43,561▼ 35.4%
lowest -€49,529 (2021)
€21,095▼ 51.7%
peak €197,017 (2007)
€186,045▲ 12.8%
€294,337▼ 6.8%
Board1 name since 2021
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €67,417 to €43,561Result from €43,667 to €21,095Change of role: DEBREF Stefaan Filip Christoffel, from manage… 28-03Equity from €164,950 to €186,045Cash from €10,628 to €13,964

Key points

from the 2025 annual accounts

Equity

€186,045 ▲ 12.8%

Flamengo Services has made a profit without a break since 2022.

Turnover

≈ €150,000 estimated

The micro format states no turnover.

Liquidity

7.57 was 5.51 in 2024

Short-term debts fell from €80,731 to €59,137.

Filings

20 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

Nine of the last ten came late. The 2021 accounts came latest: 106 days after the end of the period.

Position in the sector

€480,382

Larger balance sheet than 88% of companies in computer programming and consultancy. Sector median €136,048 · 21,223 companies.

Checked score

64
Healthy
Financially stronger than 37% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 1.1%▲ +0.8 percentage points vs 03-2025 05-2025: 1.3%▲ +0.2 percentage points vs 04-2025 06-2025: 1.2%▼ -0.1 percentage points vs 05-2025 07-2025: 1.4%▲ +0.2 percentage points vs 06-2025 08-2025: 1.8%▲ +0.4 percentage points vs 07-2025 09-2025: 2.2%▲ +0.4 percentage points vs 08-2025 10-2025: 3.4%▲ +1.2 percentage points vs 09-2025highest value 11-2025: 1.9%▼ -1.5 percentage points vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 1.8%▼ -0.1 percentage points vs 03-2026 05-2026: 1.9%▲ +0.1 percentage points vs 04-2026 06-2026: 1.6%▼ -0.3 percentage points vs 05-2026 07-2026: 1.7%▲ +0.1 percentage points vs 06-2026 08-2026: 2.1%▲ +0.4 percentage points vs 07-2026 09-2026: 1.3%▼ -0.8 percentage points vs 08-2026 10-2026: 1.3%● unchanged vs 09-2026 11-2026: 1.3%● unchanged vs 10-2026

Financial strength
Average

64+5equity 38.7% of total assets
52+3short-term debt 12.3% · cash 2.9%
53-20return on assets 4.4%

Score breakdown

raises risk
1 change of registered office in 24 months
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
Ex-officio strike-off in the KBO
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 35% of them on solvency, 33% on liquidity, 22% on profitability and 59% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as Flamengo Services has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Flamengo Services itself is higher: 1.3% within 12 months. It rests on far more data about Flamengo Services than the profile alone.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,766 companies, not a prediction for Flamengo Services. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €11,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 7.57 (5.51 in 2024), above the usual 1.5. Short-term debt is 12.3% and cash 2.9% of total assets. However, 61.3% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Ex-officio strike-off in the KBO
KBO publications
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €186,045
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
71 days late
2023
29 days late
2022
29 days late
2021
106 days late
2020
2 days early
2019
60 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 46 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0876016007
Change of role: DEBREF Stefaan Filip Christoffel, from manager to director Registered office clause: Léon Cuissezstraat 29 bus 3, 1050 Brussel (Elsene) · General meeting of 26-03-2025 · Gazette deed
Address struck effective 01-10-2018 · KBO administration
First establishment FLAMENGO, Léon Cuissezstraat 29, Ixelles
All 33 events

Comparable companies

same main activity, similar in size and age
Company
Flamengo Services Ixelles €480,382 €43,561 38.7% -
N&N IT CONSULTANCY Sint-Gillis (bij-Brussel) €492,509 €48,781 81.7% -
TIMMACO Lommel €490,699 €45,447 74.7% -
ZENITAD Houthalen-Helchteren €503,133 €47,178 44.8% -
TRINCH Pittem €548,233 €41,840 69.4% -
IMAKI Jodoigne €536,984 €49,190 92.5% -
ACIGOL Antwerp €401,212 €42,020 7.8% -

These companies have the same main activity as Flamengo Services: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €401,000 and €548,000, founded between 2004 and 2006.

Official details

Source: KBO
Status
Active since 18-08-2005Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 1 other
Establishment unit
2.213.773.7881050 Ixelles, since 01-09-2012
Financial year end
31 December
Peppol
Reachable since 27-01-2026
Company details

Annual accounts 2025

€480,382▼ 0.1%
Filing
Filed on 31-08-2026
Financials

Insights on Flamengo Services

Flamengo Services files the micro format. That format states no turnover. The gross margin fell from €252,350 in 2006 to €43,561 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Flamengo Services

What is the company number of Flamengo Services?
The company number of Flamengo Services is 0876.016.007. The VAT number is the same number with BE in front: BE 0876.016.007.
Where is Flamengo Services based?
The registered office is at Léon Cuissezstraat 29, 1050 Ixelles.Company details
What does Flamengo Services do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of Flamengo Services?
Flamengo Services is a private limited company (BV).
When was Flamengo Services founded?
Flamengo Services was founded on 18-08-2005.
Is Flamengo Services still active?
Yes, Flamengo Services is an active enterprise in the KBO register.
What is the turnover of Flamengo Services?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €43,561 and 63 comparable companies (NACE 62200). It probably lies between €120,000 and €200,000. In financial year 2022 turnover was €0.Financials
Is Flamengo Services profitable?
In financial year 2025, Flamengo Services made a profit of €21,095.
Where can I find the annual accounts of Flamengo Services?
Flamengo Services filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Flamengo Services due?
Flamengo Services must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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