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FLANAGAN

Bankruptcy
Private limited company (pre-2019)founded 2000Langestraat 102, 8400 Oostende, BelgiumKBO/BCE: BE 0472.553.910
Summary

The KBO register records for FLANAGAN the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2015 annual accounts show equity of €19,014 and a net result of €1,961.

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 31-12-2015 was due by 31-07-2016 and was filed on 26-08-2016, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed 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

On 10 August 2000, FLANAGAN was incorporated.1 Revenue went from EUR 69,393 in 2011 to EUR 92,425 in 2013.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2011 and 2013

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2015, abbreviated schema

Turnover
€92,425▼ 8.9%
2012 · €101,443
EBIT margin
1.0%▼ 1.4pp
2012 · 2.4%
Net result
€1,961
2014 · -€10,211
Working capital
€7,375▼ 50.1%
2014 · €14,768
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20112012201320142015
Turnover€69,393-€101,443▲ 46.2%€92,425▼ 8.9%
Operating result€8,940-€2,434▼ 72.8%€957▼ 60.7%-€6,321€3,319
Net result€7,349-€2,377▼ 67.7%-€577-€10,211▼ 1,670%€1,961
EBIT margin12.9%-2.4%▼ 10.5pp1.0%▼ 1.4pp
Equity€25,464-€27,842▲ 9.3%€27,265▼ 2.1%€17,054▼ 37.5%€19,014▲ 11.5%
Total assets€28,652-€30,782▲ 7.4%€35,323▲ 14.8%€42,582▲ 20.6%€28,386▼ 33.3%
Debt€3,187-€2,940▼ 7.7%€8,058▲ 174%€25,528▲ 217%€9,372▼ 63.3%
Working capital€25,464-€17,442▼ 31.5%€21,695▲ 24.4%€14,768▼ 31.9%€7,375▼ 50.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0€5,000€10,000Operating result 2011: €8,940€8,940Net result 2011: €7,349€7,349Operating result 2012: €2,434€2,434Net result 2012: €2,377€2,377Operating result 2013: €957€957Net result 2013: -€577-€577Operating result 2014: -€6,321-€6,321Net result 2014: -€10,211-€10,211Operating result 2015: €3,319€3,319Net result 2015: €1,961€1,96120112012201320142015-€15,000-€10,000-€5,000€0€5,000Operating result 2013: €957€957Net result 2013: -€577-€577Operating result 2014: -€6,321-€6,320Net result 2014: -€10,211-€10,200Operating result 2015: €3,319€3,320Net result 2015: €1,961€1,960201320142015
The operating result returns to profit in 2015: €3,319 after a loss of €6,321 in 2014.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €28,386
Fixed assets €11,643 ▼ 25.0%
Current assets €16,743 ▼ 38.1%
Equity and liabilities €28,386
Equity €19,014 ▲ 11.5%
Debt €9,372 ▼ 63.3%
Debt's share of the balance-sheet total falls from 60.0% to 33.0%. Equity is higher and debt is lower.
Key figures and ratios
2015 value · change against 2014
EBITDA
€7,200▲
2014 · -€2,440
Cash flow
€5,842▲
2014 · -€6,330
Current ratio
1.79▼
2014 · 2.20
Quick ratio
1.65▼
2014 · 2.08
ROE
10.3%▲
2014 · -59.9%
ROA
6.9%▲
2014 · -24.0%
Debt ≤ 1 year
€9,368▼
2014 · €12,290
Income taxes
€71▼
2014 · €96
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 · 2015 against 2014 · 25 lines
Balance sheet Code20142015
Assets
Total assets20/58€42,582€28,386▼
Fixed assets21/28€15,524€11,643▼
Tangible fixed assets22/27€15,524€11,643▼
Current assets29/58€27,058€16,743▼
Stocks and contracts in progress3€1,537€1,314▼
Amounts receivable within one year40/41€21,849€13,036▼
Cash at bank and in hand54/58€2,872€1,430▼
Equity and liabilities
Total equity and liabilities10/49€42,582€28,386▼
Equity10/15€17,054€19,014▲
Contributions10/11€6,197€6,197=
Reserves13€34,600€34,600=
Profit (loss) carried forward14-€23,744-€21,783▲
Amounts payable17/49€25,528€9,372▼
Amounts payable after more than one year17€13,238-
Amounts payable within one year42/48€12,290€9,368▼
Trade debts44€4,273€2,512▼
Income statement Code20142015
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,881€3,881=
Gross operating margin9900€1,330€9,282▲
Operating profit (loss)9901-€6,321€3,319▲
Recurring financial income75€28€13▼
Recurring financial charges65€733€1,300▲
Profit (loss) for the period before taxes9903-€10,115€2,032▲
Income taxes67/77€96€71▼
Profit (loss) for the period9904-€10,211€1,961▲
Profit (loss) for the period to be appropriated9905-€10,211€1,961▲
Line20112012201320142015Change
Turnover70€69,393€101,443€92,425---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€587€2,600€2,600€3,881€3,881=
Gross operating margin9900€11,445€7,136€5,854€1,330€9,282▲ 598%
Operating profit (loss)9901€8,940€2,434€957-€6,321€3,319▲ 153%
Recurring financial income75€15€30€11€28€13▼ 54.8%
Recurring financial charges65€1,605€109€1,430€733€1,300▲ 77.4%
Profit (loss) for the period before taxes9903€7,349€2,492-€463-€10,115€2,032▲ 120%
Income taxes67/77-€114€114€96€71▼ 26.3%
Profit (loss) for the period9904€7,349€2,377-€577-€10,211€1,961▲ 119%
Profit (loss) for the period to be appropriated9905€7,349€2,377-€577-€10,211€1,961▲ 119%
Line20112012201320142015Change
Assets
Total assets20/58€28,652€30,782€35,323€42,582€28,386▼ 33.3%
Fixed assets21/28-€10,400€7,800€15,524€11,643▼ 25.0%
Tangible fixed assets22/27-€10,400€7,800€15,524€11,643▼ 25.0%
Current assets29/58€28,652€20,382€27,523€27,058€16,743▼ 38.1%
Stocks and contracts in progress3€1,112€1,260€1,632€1,537€1,314▼ 14.5%
Amounts receivable within one year40/41€18,140€12,878€17,647€21,849€13,036▼ 40.3%
Cash at bank and in hand54/58€9,400€6,244€8,244€2,872€1,430▼ 50.2%
Equity and liabilities
Total equity and liabilities10/49€28,652€30,782€35,323€42,582€28,386▼ 33.3%
Equity10/15€25,464€27,842€27,265€17,054€19,014▲ 11.5%
Contributions10/11€6,197€6,197€6,197€6,197€6,197=
Reserves13€34,600€34,600€34,600€34,600€34,600=
Profit (loss) carried forward14-€15,333-€12,955-€13,532-€23,744-€21,783▲ 8.3%
Amounts payable17/49€3,187€2,940€8,058€25,528€9,372▼ 63.3%
Amounts payable after more than one year17--€2,230€13,238--
Amounts payable within one year42/48€3,187€2,940€5,828€12,290€9,368▼ 23.8%
Trade debts44€1,254€1,192€756€4,273€2,512▼ 41.2%
Line20112012201320142015Change
Profit (loss) for the period9904€7,349€2,377-€577-€10,211€1,961▲ 119%
+ Depreciation and write-downs630€587€2,600€2,600€3,881€3,881=
Operating cash flow (approximation)€7,936€4,977€2,023-€6,330€5,842▲ 192%
Investment in fixed assets (approximation)--€0-€11,605€0▲ 100%
Change in cash--€3,156€2,000-€5,372-€1,442▲ 73.2%

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

2016
26-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
2015
31-12
Financial Back to profitnet €1,961
Net result €1,961 after 2 loss-making years.
31-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
31-12
Financial Weakest financial yearnet -€10,211
Net result drops to -€10,211, the lowest in the series.
30-06
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
23-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 23 days late
2012
30-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 30 days late
2011
05-07
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
19-08
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema · 19 days late
2009
23-06
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
23-06
NBB filing Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
04-07
NBB filing Annual accounts filed
fiscal year 2006 · abbreviated schema
Financial 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Oostende · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
56 m²
Building footprint
55 m²
Volume, LiDAR
764 m³
Parcel 35013A0577/00E000, Flanders · tallest building 16.7 m, ±5 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
FLANAGAN
Langestraat 102, 8400 OostendeNACE 5530105
since 20002.099.978.140
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35013A0577/00E000 Flanders 56 m² 1 · 55 m² 16.7 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 14,005 companies in sector 56301 we hold annual accounts for 4,893. 3,972 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded10-08-2000
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.