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Complete company report
Generated 17-08-2026
Active BE 0433.096.189Public limited companyOpen bankruptcy

FLYING-CAM

Rue du Passage d'Eau 1 ·4681 Oupeye, Belgium· 38 yrs active
Sector: Vervaardiging van civiele lucht- en ruimtevaartuigen en van toestellen in verband daarmee (30310)
Conclusion Checked

A bankruptcy procedure is open for FLYING-CAM according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €2.60M and a net result of €113k.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €2.60M
Net result €113k
Staff (FTE) 9.9
Better than sector 73%
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability22Solvency71Growth78Stability0
34 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 22
Solvency 71
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
0 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 16-10-2024 with the NBB · fiscal year 2023 · volledig
€-2.00M€-1.00M€0€1.00MOperating result 2019: €241k€241kNet result 2019: €-1.57M€-1.57MOperating result 2020: €-71k€-71kNet result 2020: €-1.65M€-1.65MOperating result 2021: €-8k€-8kNet result 2021: €-39k€-39kOperating result 2022: €747k€747kNet result 2022: €717k€717kOperating result 2023: €151k€151kNet result 2023: €113k€113k20192020202120222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 30 · compared across all schema types (micro, abbreviated and full combined)
Metric This company Sector median Position in the sector
Solvency 52.6% 30.2%
better than 73% of 30 sector peers
Net result €113k €518
better than 86% of 30 sector peers
Equity €2.60M €82k
better than 88% of 30 sector peers
Total assets €4.94M €188k
better than 87% of 30 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€209k
-77.8% 18-23
Net profit
€113k
-84.3% 18-23
Cash flow
€170k
-81.4% 18-23
Total assets
€4.94M
+16.8% 18-23
Equity
€2.60M
+4.5% 18-23
Working capital
€-295k
- 18-23
Employees (FTE)
10
-16.8% 18-23
Staff costs
€751k
-5.0% 18-23
Show 11 other metrics
Income taxes
€2k
+2.8% 18-23
Debt
€2.34M
+34.4% 18-23
Debt ≤ 1y
€2.32M
+35.1% 18-23
Debt > 1y
€19k
-19.5% 18-23
Current ratio
0.87
-53.5% 18-23
Quick ratio
0.15
-74.1% 18-23
Solvency
52.6%
-10.5% 18-23
Debt / equity
0.90
+28.6% 18-23
ROE
4.3%
-85.0% 18-23
ROA
2.3%
-86.6% 18-23
Interest coverage
5.70
-83.1% 18-23
Figures by fiscal year
Fiscal year2023
Depositvolledig
Revenue-
EBITDA€209k
Net profit€113k
Cash flow€170k
Staff costs€751k
Income taxes€2k
Dividends-
Total assets€4.94M
Equity€2.60M
Debt€2.34M
of which ≤ 1y€2.32M
of which > 1y€19k
Working capital€-295k
Employees (FTE)9.9
Ratios (computed)
2023
Current ratio0.87
Quick ratio0.15
Working capital ratio-6.0%
Solvency52.6%
Debt / equity0.90
Long-term debt ratio0.01
Interest coverage5.70
Gross margin-
Net margin-
ROA2.3%
ROE4.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (26 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€4.94M
Fixed assets 21/28€2.91M
Intangible fixed assets 21€19k
Tangible fixed assets 22/27€2.88M
Financial fixed assets 28€11k
Current assets 29/58€2.03M
Stocks & contracts in progress 3€1.67M
Amounts receivable within one year 40/41€264k
Cash & bank 54/58€93k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€4.94M
Equity 10/15€2.60M
Contributions / capital 10/11€3.42M
Reserves 13€43k
Accumulated profits (losses) 14€-862k
Amounts payable 17/49€2.34M
Amounts payable after one year 17€19k
Amounts payable within one year 42/48€2.32M
Trade debts payable within one year 44€192k
Income statement
Gross operating margin 9900€987k
Operating result 9901€151k
Financial income 75€28
Financial charges 65€37k
Result before taxes 9903€115k
Income taxes 67/77€2k
Net result for the period 9904€113k
Result to be appropriated 9905€113k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates2 persons
Role Name Tenure Source
Curator FRANCOIS LIGOT
PLACE DU HAUT PRE, 10, 4000 LIEGE 1
 04-06-2025 → present Belgian State Gazette
Curator PIERRE THIRY
PLACE DU HAUT-PRE 10, 4000 LIEGE 1
 04-06-2025 → present Belgian State Gazette
Legal Structure
NACE primary Vervaardiging van civiele lucht- en ruimtevaartuigen en van toestellen in verband daarmee(30310)
Legal form Public limited company(014)
Incorporation11-01-1988
StatusActive
Postal code4681
First BS signal 17-06-2025
Latest BS signal 17-06-2025
Establishment units 1 location
Rue du Passage d'Eau 1, 4681 Oupeye
Fotografen
since 19882.033.489.885
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62049B0390/00R000 Wallonia 2,768 m² 1 · 508 m² -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
17-06-2025
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · FLYING-CAM SA RUE DU PASSAGE D’EAU 1/A, 4681 HERMALLE-SOUS-ARGENT · event 04-06-2025
2024
16-10-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
27-08-2024
State Gazette act Director changes
2023
30-10-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2022
31-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
11-10-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
18-09-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
24-09-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
11-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
03-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
19-07-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
25-08-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
Lifecycle & Insolvency Signals1 events
17-06-2025
Bankruptcy Opening
Date: 04-06-2025 · Tribunal de l’entreprise de Liège, division Liège · FLYING-CAM SA RUE DU PASSAGE D’EAU 1/A, 4681 HERMALLE-SOUS-ARGENT · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-06-17 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 8 acts read

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 1 year ago
2024
27-08-2024 2 reappointed Director changes
  • Emmanuel PREVINAIRE, Commissaris
  • Li FANG, Commissaris
Technical details 
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  "events": [
    {
      "kind": "commissaris_renew",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Emmanuel PREVINAIRE",
        "address": "4122 Neupr\u00E9, Rue Strivay 11",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": "6"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "commissaris_renew",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Li FANG",
        "address": "Flat A, 26/F, Tower 4, Greenwood Terence, 8 Tai Man Street - Chai Wan, Hong-Kong",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": "6"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2024-08-27",
    "filing_date": "2024-08-23",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2021-08-09",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0433.096.189",
    "name_full": "FLYING-CAM",
    "legal_form": "SA"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Emmanuel PREVINAIRE",
    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Vervaardiging van lucht- en ruimtevaartuigen en van toestellen in verband daarmee30300Vervaardiging van civiele lucht- en ruimtevaartuigen en van toestellen in verband daarmee30310Fotostudio's en overige fotografische activiteiten74811Activiteiten van fotografen, met uitzondering van persfotografen74201Activiteiten van fotografen, met uitzondering van persfotografen74201
Primary activity highlighted.
Names & trade names
Legal nameFR FLYING-CAM
Registered office
Rue du Passage d'Eau 1 bus A
4681 Oupeye, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative