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FLAMINGO DECOR

Inactive
KBO/BCE: BE 0700.199.151

FLAMINGO DECOR was declared bankrupt on 23-05-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 12-11-2024, published in the Belgian State Gazette on 19-11-2024.

Summary

Inactive; last annual accounts for fiscal year 2018.

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FLAMINGO DECORInactive
Risk analysis Report Compare

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 30-11-2020, 488 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2018
488 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2018 accounts 488 days after the deadline; the Belgian median for financial year 2018 is 2 days before the deadline, and 42% of all filings were late.

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

FLAMINGO DECOR has filed annual accounts once, for fiscal year 2018.1 On 23 May 2022 the company was declared bankrupt; the bankruptcy was closed on 12 November 2024.23

  1. 1National Bank, annual accounts 2018
  2. 2Belgian State Gazette, 30-05-2022
  3. 3Belgian State Gazette, 19-11-2024

Financials · fiscal year 2018, micro schema

Turnover
€35,265
EBIT margin
14.1%
Net result
€3,642
Working capital
€10,641

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €49,731
Fixed assets €11,601
Current assets €38,130
Equity and liabilities €49,731
Equity €22,242
Debt €27,489
Debt finances 55.3% of the balance-sheet total.
Key figures and ratios
2018 value
EBITDA
€6,681
Cash flow
€5,354
Current ratio
1.39
Quick ratio
0.90
ROE
16.4%
ROA
7.3%
Debt ≤ 1 year
€27,489
Income taxes
€1,212
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 25 lines
Balance sheet Code2018
Assets
Total assets20/58€49,731
Fixed assets21/28€11,601
Tangible fixed assets22/27€6,601
Financial fixed assets28€5,000
Current assets29/58€38,130
Stocks and contracts in progress3€13,521
Amounts receivable within one year40/41€21,835
Cash at bank and in hand54/58€2,774
Equity and liabilities
Total equity and liabilities10/49€49,731
Equity10/15€22,242
Contributions10/11€18,600
Reserves13€400
Profit (loss) carried forward14€3,242
Amounts payable17/49€27,489
Amounts payable within one year42/48€27,489
Trade debts44€10,136
Income statement Code2018
Turnover70€35,265
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,712
Gross operating margin9900€7,786
Operating profit (loss)9901€4,969
Recurring financial charges65€115
Profit (loss) for the period before taxes9903€4,854
Income taxes67/77€1,212
Profit (loss) for the period9904€3,642
Profit (loss) for the period to be appropriated9905€3,642
Line2018
Turnover70€35,265
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,712
Gross operating margin9900€7,786
Operating profit (loss)9901€4,969
Recurring financial charges65€115
Profit (loss) for the period before taxes9903€4,854
Income taxes67/77€1,212
Profit (loss) for the period9904€3,642
Profit (loss) for the period to be appropriated9905€3,642
Line2018
Assets
Total assets20/58€49,731
Fixed assets21/28€11,601
Tangible fixed assets22/27€6,601
Financial fixed assets28€5,000
Current assets29/58€38,130
Stocks and contracts in progress3€13,521
Amounts receivable within one year40/41€21,835
Cash at bank and in hand54/58€2,774
Equity and liabilities
Total equity and liabilities10/49€49,731
Equity10/15€22,242
Contributions10/11€18,600
Reserves13€400
Profit (loss) carried forward14€3,242
Amounts payable17/49€27,489
Amounts payable within one year42/48€27,489
Trade debts44€10,136
Line2018
Profit (loss) for the period9904€3,642
+ Depreciation and write-downs630€1,712
Operating cash flow (approximation)€5,354

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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Timeline · acts, filings and financial milestones

2024
19-11
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 12-11-2024
2022
30-05
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 23-05-2022
2020
30-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 488 days late
SignalNBB filing
0 of 4 acts read
About the unread acts

We know of 4 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
4 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator Lise HEILPORN
CHAUSSEE DE LA HULPE 150, 1170 WATERMAEL-BOITSFORT
 23-05-2022 → 12-11-2024

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