The computed 12-month bankruptcy probability of FLY FIRE ROCK is 6.3% (elevated). For FLY FIRE ROCK, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €276,624 and a net result of €13,293. Its solvency ranks better than 90% of 22,573 sector peers (NACE 47, financial year 2022). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
2023 accounts not filed, 815 days past the deadline1 of 3 deeds summarised
Signalsraises riskFigures for financial year 2022 (filed 07-10-2023)1 change of registered office in 24 monthsSize: total assets €339,049Last filed accounts filed 68 days late; 2 of the last 3 lateTwo or more financial years not filed2022 accounts filed 68 days lateShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100=
equity 81.6% of total assets
Liquidity57+3
short-term debt 11.0% · cash 6.4%
Profitability74=
return on assets 3.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
6.3%Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.6% (40,222 companies, NACE 47, micro)
Last 24 months11-2024: 1.5%lowest value12-2024: 1.8%▲ +0.3 percentage points vs 11-202401-2025: 3.1%▲ +1.3 percentage points vs 12-202402-2025: 3.1%● unchanged vs 01-202503-2025: 3.3%▲ +0.2 percentage points vs 02-202504-2025: 3.0%▼ -0.3 percentage points vs 03-202505-2025: 6.5%▲ +3.5 percentage points vs 04-202506-2025: 6.4%▼ -0.1 percentage points vs 05-202507-2025: 6.4%● unchanged vs 06-202508-2025: 6.4%● unchanged vs 07-202509-2025: 6.4%● unchanged vs 08-202510-2025: 6.4%● unchanged vs 09-202511-2025: 6.6%▲ +0.2 percentage points vs 10-202512-2025: 6.6%● unchanged vs 11-202501-2026: 6.6%● unchanged vs 12-202502-2026: 6.6%● unchanged vs 01-2026highest value03-2026: 6.6%● unchanged vs 02-2026highest value04-2026: 6.6%● unchanged vs 03-2026highest value05-2026: 6.6%● unchanged vs 04-202606-2026: 6.5%▼ -0.1 percentage points vs 05-202607-2026: 6.5%● unchanged vs 06-202608-2026: 6.3%▼ -0.2 percentage points vs 07-202609-2026: 6.3%● unchanged vs 08-202610-2026: 6.3%● unchanged vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2023 year end31-07-2024 deadline24-10-2026 today
raises risk · 2022 accounts filed 68 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 07-10-2023, 68 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 77 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Resignation: Michel MONSEUR (manager)Appointment: Adam Frédéric BOLY (manager)…
Annual accounts filedfinancial year 2022 · micro…
Annual accounts filedfinancial year 2021 · micro…
Key points
Risk: 2023 accounts not fileddeadline was 31-07-2024815 days past the deadlineView
Positive: Among the best 10% on equitysector median €40,018 · 22,624 companies€276,624View