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FlaMic

Active
Private limited companyfounded 2019active for 7 yearsLoskaaistraat 10, 8340 Damme, BelgiumKBO/BCE: BE 0722.703.448
Summary

The computed 12-month bankruptcy probability of FlaMic is 2.1% (moderate). The 2025 annual accounts show negative equity (-€22,539) and a net result of -€41,608. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 9,608 sector peers (NACE 82, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (74 days) Filed on 13 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00560298.

Turnover
€0
Total assets
€31,841▼ 56.0%
2024 · €72,299
Net result
-€41,608
2024 · €8,328
Working capital
-€31,231
2024 · €8,926
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result turns negative in 2025: a loss of €35,820 after €14,807 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€35,820 2025 Net result-€41,608 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Turnover€0
Operating result-€4,373-€2,346€887▼ 62.2%-€460€10,407€14,807▲ 42.3%-€35,820
Net result-€4,405-€2,230within the sector's middle half€742within the sector's middle half▼ 66.7%-€822below the sector's middle half€6,786within the sector's middle half€8,328within the sector's middle half▲ 22.7%-€41,608below the sector's middle half
Equity€1,805-€4,035below the sector's middle half▲ 124%€4,777below the sector's middle half▲ 18.4%€3,955below the sector's middle half▼ 17.2%€10,741below the sector's middle half▲ 172%€19,069within the sector's middle half▲ 77.5%-€22,539below the sector's middle half
Total assets€3,026-€5,036below the sector's middle half▲ 66.4%€5,548below the sector's middle half▲ 10.2%€4,545below the sector's middle half▼ 18.1%€69,661within the sector's middle half▲ 1,433%€72,299within the sector's middle half▲ 3.8%€31,841below the sector's middle half▼ 56.0%
Debt€1,221-€1,001▼ 18.0%€771▼ 23.0%€591▼ 23.4%€58,921▲ 9,877%€53,229▼ 9.7%€54,380▲ 2.2%
Working capital€1,806-€4,036within the sector's middle half▲ 123%€4,777within the sector's middle half▲ 18.4%€3,955within the sector's middle half▼ 17.2%-€1,120within the sector's middle half€8,926within the sector's middle half-€31,231below the sector's middle half
Solvency80.1%above the sector's middle half86.1%above the sector's middle half▲ 6.0pp15.4%below the sector's middle half26.4%within the sector's middle half▲ 11.0pp-70.8%below the sector's middle half▼ 97.2pp
Current ratio5.04above the sector's middle half7.20above the sector's middle half▲ 2.160.97within the sector's middle half1.25within the sector's middle half▲ 0.280.29below the sector's middle half▼ 0.96
Return on assets (ROA)44.3%above the sector's middle half13.4%within the sector's middle half▼ 30.9pp9.7%within the sector's middle half11.5%within the sector's middle half▲ 1.8pp-130.7%below the sector's middle half▼ 142.2pp
above within below the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31,841
Fixed assets €19,242 ▼ 28.7%
Current assets €12,599 ▼ 72.2%
Equity and liabilities
Equity-€22,539
Debt€54,380
Equity is negative: debt (€54,380) exceeds the balance-sheet total (€31,841).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€28,068▼
2024 · €22,559
Cash flow
-€33,856▼
2024 · €16,080
Interest coverage
-15.79▼
2024 · 7.07
Debt ≤ 1 year
€43,830▲
2024 · €36,378
Debt > 1 year
€10,550▼
2024 · €16,851
Income taxes
€4,011▲
2024 · €3,287
Staff costs
€1,652▲
2024 · €276
No debt to equity: equity is negative, so debt divided by equity means nothing.
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 · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€72,299€31,841▼
Fixed assets21/28€26,994€19,242▼
Tangible fixed assets22/27€26,994€19,242▼
Furniture and vehicles24€26,994€19,242▼
Current assets29/58€45,304€12,599▼
Amounts receivable within one year40/41€4,002€11,650▲
Trade receivables40€1,788€9,282▲
Other amounts receivable41€2,213€2,369▲
Cash at bank and in hand54/58€41,303€949▼
Equity and liabilities
Total equity and liabilities10/49€72,299€31,841▼
Equity10/15€19,069-€22,539▼
Contributions10/11€6,210€6,210=
Reserves13€6,786€6,786=
Distributable reserves133€6,786€6,786=
Profit (loss) carried forward14€6,073-€35,535▼
Amounts payable17/49€53,229€54,380▲
Amounts payable after more than one year17€16,851€10,550▼
Financial debts170/4€16,851€10,550▼
Amounts payable within one year42/48€36,378€43,830▲
Current portion of amounts payable after more than one year42€6,034€6,301▲
Financial debts43-€1,686
Other loans439-€1,686
Trade debts44€751€6,871▲
Suppliers440/4€751€6,871▲
Advances received on contracts in progress46-€11,231
Taxes, remuneration and social security45€3,643€0▼
Taxes450/3€3,643€0▼
Other amounts payable47/48€25,950€17,741▼
Income statement Code20242025
Remuneration, social security and pensions62€276€1,652▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,752€7,752=
Other operating charges640/8€880€2,423▲
Gross operating margin9900€23,716-€23,993▼
Operating profit (loss)9901€14,807-€35,820▼
Financial charges65/66B€3,192€1,778▼
Recurring financial charges65€3,192€1,778▼
Profit (loss) for the period before taxes9903€11,615-€37,597▼
Income taxes67/77€3,287€4,011▲
Profit (loss) for the period9904€8,328-€41,608▼
Profit (loss) for the period to be appropriated9905€8,328-€41,608▼
Appropriation of the result
Profit (loss) to be appropriated9906€6,073-€35,535▼
Profit (loss) brought forward from the previous period14P-€2,255€6,073▲
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Turnover70---€0----
Goods, raw materials, services and sundry goods60/61---€0----
Remuneration, social security and pensions62-----€276€1,652▲ 498%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630----€4,014€7,752€7,752=
Other operating charges640/8--€459€460€8,406€880€2,423▲ 175%
Gross operating margin9900-€4,025€2,803€1,345€0€22,827€23,716-€23,993-
Operating profit (loss)9901-€4,373€2,346€887-€460€10,407€14,807-€35,820-
Recurring financial income75-€1------
Financial charges65/66B--€145€363€847€3,192€1,778▼ 44.3%
Recurring financial charges65€32€117€145€363€847€3,192€1,778▼ 44.3%
Profit (loss) for the period before taxes9903-€4,405€2,230€742-€822€9,560€11,615-€37,597-
Income taxes67/77----€2,774€3,287€4,011▲ 22.0%
Profit (loss) for the period9904-€4,405€2,230€742-€822€6,786€8,328-€41,608-
Profit (loss) for the period to be appropriated9905-€4,405€2,230€742-€822€6,786€8,328-€41,608-
Line2019202020212022202320242025Change
Assets
Total assets20/58€3,026€5,036€5,548€4,545€69,661€72,299€31,841▼ 56.0%
Fixed assets21/28----€34,746€26,994€19,242▼ 28.7%
Tangible fixed assets22/27----€34,746€26,994€19,242▼ 28.7%
Furniture and vehicles24----€34,746€26,994€19,242▼ 28.7%
Current assets29/58€3,026€5,036€5,548€4,545€34,915€45,304€12,599▼ 72.2%
Amounts receivable within one year40/41€677€394€1,003-€7,229€4,002€11,650▲ 191%
Trade receivables40--€671-€7,229€1,788€9,282▲ 419%
Other amounts receivable41--€332--€2,213€2,369▲ 7.0%
Cash at bank and in hand54/58€2,349€4,642€4,545€4,545€27,687€41,303€949▼ 97.7%
Equity and liabilities
Total equity and liabilities10/49€3,026€5,036€5,548€4,545€69,661€72,299€31,841▼ 56.0%
Equity10/15€1,805€4,035€4,777€3,955€10,741€19,069-€22,539-
Contributions10/11€6,210-€6,210€6,210€6,210€6,210€6,210=
Contributions outside capital11--€6,210-----
Other1109/19--€6,210-----
Reserves13----€6,786€6,786€6,786=
Distributable reserves133----€6,786€6,786€6,786=
Profit (loss) carried forward14-€4,405-€2,175-€1,433-€2,255-€2,255€6,073-€35,535-
Amounts payable17/49€1,221€1,001€771€591€58,921€53,229€54,380▲ 2.2%
Amounts payable after more than one year17----€22,886€16,851€10,550▼ 37.4%
Financial debts170/4----€22,886€16,851€10,550▼ 37.4%
Amounts payable within one year42/48€1,220€1,000€771€591€36,035€36,378€43,830▲ 20.5%
Current portion of amounts payable after more than one year42----€5,779€6,034€6,301▲ 4.4%
Financial debts43------€1,686-
Other loans439------€1,686-
Trade debts44€220-€146-€657€751€6,871▲ 815%
Suppliers440/4--€146-€657€751€6,871▲ 815%
Advances received on contracts in progress46--€598---€11,231-
Taxes, remuneration and social security45----€6,376€3,643€0▼ 100%
Taxes450/3----€6,376€3,643€0▼ 100%
Other amounts payable47/48--€27€591€23,223€25,950€17,741▼ 31.6%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€4,405€2,230€742-€822€6,786€8,328-€41,608-
+ Depreciation and write-downs630----€4,014€7,752€7,752=
Operating cash flow (approximation)-€4,405€2,230€742-€822€10,800€16,080-€33,856-
Investment in fixed assets (approximation)-----€0€0-
Change in cash-€2,293-€97€0€23,141€13,616-€40,354-

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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Filings with the National Bank (7)
Financial year Type Filed Reference
31-12-2025 micro format 13-10-2026 2026-00560298
31-12-2024 micro format 13-08-2025 2025-00386355
31-12-2023 micro format 30-08-2024 2024-00453762
31-12-2022 micro format 20-07-2023 2023-00295938
31-12-2021 micro format 25-08-2022 2022-20330506
31-12-2020 abbreviated format 15-02-2021 2021-05400020
31-12-2019 abbreviated format 30-07-2020 2020-37200294

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 4,522 active companies whose main activity is organisation of conventions and trade shows (NACE 82300), figures are known for 1,672. See the whole sector

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