FLAMINGO 7
Open bankruptcyA bankruptcy procedure is open for FLAMINGO 7 according to publications in the Belgian State Gazette; curator: MAIA GUTMANN LE PAIGE.
Summary
The 2022 annual accounts show equity of €13k and a net result of €19k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€13k
2021 · €-6k
2021: €-6k
2022: €13k▲ +318% vs 2021
2021 → 2022
Total assets
€21k▲ 1,700%
2021 · €1k
2021: €1k
2022: €21k▲ +1700% vs 2021
2021 → 2022
Net result
€19k
2021 · €-6k
2021: €-6k
2022: €19k▲ +418% vs 2021
2021 → 2022
Working capital
€3k
2021 · €-6k
2021: €-6k
2022: €3k▲ +144% vs 2021
2021 → 2022
Trend over the years
Multi-year overview
Available amounts per fiscal year
Line20212022Trend
Equity€-6k-€13k
2021: €-6k
2022: €13k▲ +318% vs 2021
Operating result€-17k-€22k
2021: €-17k
2022: €22k▲ +232% vs 2021
Net result€-6k-€19k
2021: €-6k
2022: €19k▲ +418% vs 2021
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €22k after a loss of €17k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €21k
Fixed assets
€10k ▲ 2,196%
Current assets
€11k ▲ 1,393%
Equity and liabilities €21k
Equity
€13k
Debt
€8k
Debt finances 37.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€25k▲
2021 · €-17k
Cash flow
€22k▲
2021 · €-6k
Current ratio
1.35
Debt to equity
0.61
ROE
145.8%
ROA
90.5%
Interest coverage
113.96▲
2021 · -4990.22
Debt ≤ 1 year
€8k▲
2021 · €7k
Income taxes
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 37 lines
Balance sheet
Code20212022
Assets
Total assets20/58€1k€21k▲
Fixed assets21/28€440€10k▲
Tangible fixed assets22/27€440€10k▲
Furniture and vehicles24€440€6k▲
Other tangible fixed assets26-€4k
Current assets29/58€711€11k▲
Amounts receivable within one year40/41€687€5k▲
Trade receivables40-€3k
Other amounts receivable41€687€2k▲
Cash at bank and in hand54/58€24€6k▲
Equity and liabilities
Total equity and liabilities10/49€1k€21k▲
Equity10/15€-6k€13k▲
Profit (loss) carried forward14€-6k€13k▲
Amounts payable17/49€7k€8k▲
Amounts payable within one year42/48€7k€8k▲
Trade debts44€978€4k▲
Suppliers440/4€978€4k▲
Taxes, remuneration and social security45€10€4k▲
Taxes450/3-€4k
Remuneration and social security454/9€10-
Other amounts payable47/48€6k-
Income statement
Code20212022
Remuneration, social security and pensions62€75-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€220€3k▲
Other operating charges640/8-€18k
Gross operating margin9900€-17k€43k▲
Operating profit (loss)9901€-17k€22k▲
Financial income75/76B€11k€10▼
Recurring financial income75€11k€10▼
Non-recurring financial income76B€11k-
Financial charges65/66B€3€220▲
Recurring financial charges65€3€220▲
Profit (loss) for the period before taxes9903€-6k€22k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€-6k€19k▲
Profit (loss) for the period to be appropriated9905€-6k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€13k▲
Profit (loss) brought forward from the previous period14P-€-6k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €75 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €220 | €3k | ▲ 1,189% |
| Other operating charges640/8 | - | €18k | - |
| Gross operating margin9900 | €-17k | €43k | ▲ 360% |
| Operating profit (loss)9901 | €-17k | €22k | ▲ 232% |
| Financial income75/76B | €11k | €10 | ▼ 99.9% |
| Recurring financial income75 | €11k | €10 | ▼ 99.9% |
| Non-recurring financial income76B | €11k | - | - |
| Financial charges65/66B | €3 | €220 | ▲ 6,493% |
| Recurring financial charges65 | €3 | €220 | ▲ 6,493% |
| Profit (loss) for the period before taxes9903 | €-6k | €22k | ▲ 474% |
| Income taxes67/77 | - | €3k | - |
| Profit (loss) for the period9904 | €-6k | €19k | ▲ 418% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €19k | ▲ 418% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1k | €21k | ▲ 1,700% |
| Fixed assets21/28 | €440 | €10k | ▲ 2,196% |
| Tangible fixed assets22/27 | €440 | €10k | ▲ 2,196% |
| Furniture and vehicles24 | €440 | €6k | ▲ 1,289% |
| Other tangible fixed assets26 | - | €4k | - |
| Current assets29/58 | €711 | €11k | ▲ 1,393% |
| Amounts receivable within one year40/41 | €687 | €5k | ▲ 575% |
| Trade receivables40 | - | €3k | - |
| Other amounts receivable41 | €687 | €2k | ▲ 161% |
| Cash at bank and in hand54/58 | €24 | €6k | ▲ 25,139% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1k | €21k | ▲ 1,700% |
| Equity10/15 | €-6k | €13k | ▲ 318% |
| Profit (loss) carried forward14 | €-6k | €13k | ▲ 318% |
| Amounts payable17/49 | €7k | €8k | ▲ 11.5% |
| Amounts payable within one year42/48 | €7k | €8k | ▲ 11.5% |
| Trade debts44 | €978 | €4k | ▲ 279% |
| Suppliers440/4 | €978 | €4k | ▲ 279% |
| Taxes, remuneration and social security45 | €10 | €4k | ▲ 41,724% |
| Taxes450/3 | - | €4k | - |
| Remuneration and social security454/9 | €10 | - | - |
| Other amounts payable47/48 | €6k | - | - |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €19k | ▲ 418% |
| + Depreciation and write-downs630 | €220 | €3k | ▲ 1,189% |
| Operating cash flow (approximation) | €-6k | €22k | ▲ 481% |
| Investment in fixed assets (approximation) | - | €-12k | - |
| Change in cash | - | €6k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 16-07-2025
2024
25-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 238 days late
2023
04-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 247 days late
2022
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
31-12
Financial
Liquidity times 13current ratio 1.35
Current ratio from 0.10 to 1.35.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Schaarbeek · 1 establishment unit since 2020
Ground area
145 m²
Building footprint
139 m²
Volume, LiDAR
1,678 m³
2 parcels, Brussels · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Koninginnelaan 122, 1030 Schaarbeek
since 20202.305.813.922
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21910E0036/00K016 | Brussels | 88 m² | 1 · 87 m² | 15.4 m · 4 fl. |
| 21906D0073/00R002 | Brussels | 57 m² | 1 · 52 m² | 14.2 m · 4 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 | MAIA GUTMANN LE PAIGE RUE DE LA LOI 28,
1040 ETTERBEEK |
16-07-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchaarbeek2.305.813.922
Identification & contact
Identification
Legal formPrivate limited company
Founded14-08-2020
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.