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Flittermouse Games

Active
Private limited companyfounded 2024active for 1 yearScheldeoever 25, 2620 Hemiksem, BelgiumKBO/BCE: BE 1016.970.467

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 09-07-2026 at the NBB

Turnover
≈ €50,000
Estimated: probably between €27,000 and €97,000
Total assets
€35,219
Net result
€3,010
Working capital
€12,144

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €35,219
Fixed assets €1,120
Current assets €34,099
Equity and liabilities €35,219
Equity €13,010
Debt €22,209
Debt's share of the balance-sheet total is 63.1%.
Key figures and ratios
2025 value
EBITDA
€8,654
Cash flow
€3,390
Current ratio
1.55
Debt to equity
1.71
ROE
23.1%
ROA
8.5%
Interest coverage
1.49
Debt ≤ 1 year
€21,955
Income taxes
€716

Investments

fixed assets acquired
Item2025
Tangible fixed assets€1,500
Depreciation and write-downs of the year€380

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€35,219
Fixed assets21/28€1,120
Tangible fixed assets22/27€1,120
Furniture and vehicles24€1,120
Current assets29/58€34,099
Amounts receivable within one year40/41€239
Other amounts receivable41€239
Cash at bank and in hand54/58€33,860
Equity and liabilities
Total equity and liabilities10/49€35,219
Equity10/15€13,010
Contributions10/11€10,000
Profit (loss) carried forward14€3,010
Amounts payable17/49€22,209
Amounts payable within one year42/48€21,955
Trade debts44€1,341
Suppliers440/4€1,341
Taxes, remuneration and social security45€716
Taxes450/3€716
Other amounts payable47/48€19,898
Accrued charges and deferred income492/3€254
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€380
Other operating charges640/8€649
Gross operating margin9900€9,303
Operating profit (loss)9901€8,273
Financial income75/76B€1,263
Recurring financial income75€1,263
Financial charges65/66B€5,811
Recurring financial charges65€5,811
Profit (loss) for the period before taxes9903€3,726
Income taxes67/77€716
Profit (loss) for the period9904€3,010
Profit (loss) for the period to be appropriated9905€3,010
Appropriation of the result
Profit (loss) to be appropriated9906€3,010

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 09-07-2026.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€380
Other operating charges640/8€649
Gross operating margin9900€9,303
Operating profit (loss)9901€8,273
Financial income75/76B€1,263
Recurring financial income75€1,263
Financial charges65/66B€5,811
Recurring financial charges65€5,811
Profit (loss) for the period before taxes9903€3,726
Income taxes67/77€716
Profit (loss) for the period9904€3,010
Profit (loss) for the period to be appropriated9905€3,010
Line2025
Assets
Total assets20/58€35,219
Fixed assets21/28€1,120
Tangible fixed assets22/27€1,120
Furniture and vehicles24€1,120
Current assets29/58€34,099
Amounts receivable within one year40/41€239
Other amounts receivable41€239
Cash at bank and in hand54/58€33,860
Equity and liabilities
Total equity and liabilities10/49€35,219
Equity10/15€13,010
Contributions10/11€10,000
Profit (loss) carried forward14€3,010
Amounts payable17/49€22,209
Amounts payable within one year42/48€21,955
Trade debts44€1,341
Suppliers440/4€1,341
Taxes, remuneration and social security45€716
Taxes450/3€716
Other amounts payable47/48€19,898
Accrued charges and deferred income492/3€254
Line2025
Profit (loss) for the period9904€3,010
+ Depreciation and write-downs630€380
Operating cash flow (approximation)€3,390

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 11,279 companies had the same profile as Flittermouse Games has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.6% was still going
2.6% stopped otherwise
0.7% went bankrupt

That fits the bankruptcy probability of Flittermouse Games itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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 11,279 companies, not a prediction for Flittermouse Games. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 09-07-2026 2026-00292309 PDF

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