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Flying Free Media

Active
Private limited companyfounded 2023active for 3 yearsOudergemse weg 88, 3080 Tervuren, BelgiumKBO/BCE: BE 0798.950.101
Summary

The computed 12-month bankruptcy probability of Flying Free Media is 13.9% (high). The 2024 annual accounts show equity of €19,483 and a net result of €9,483. Its solvency ranks better than 27% of 8,794 sector peers (NACE 73, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Public relations and communication consultancy
NACE 73300
Size
≈ €110,000turnover 2024, estimated
Equity
€19,483
Profit
€9,483
Turnover estimated from the gross margin
Financial health
29 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
13.9%
Structure
2024 accounts filed 239 days late
Why 29raises risk1 financial year not filed after the legal deadline; last filed accounts filed 239 days late; 1 of the last 3 lateFigures for financial year 2024 (filed 28-03-2026)No registered site in the KBOLiquidity: current ratio 2.32, cash €43Show the evidence

Checked score

Score 2024
29 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 36% of its sector peers (NACE 73, micro)
Financial strength
Average
Solvency 51
equity 25.7% of total assets
Liquidity 30
short-term debt 42.1% · cash 0.1%
Profitability 84
return on assets 12.5%
Bankruptcy probability, 12 months
13.9% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,223 companies, NACE 73, micro)
Last 24 months 11-2024: 2.3% 12-2024: 2.1%▼ -0.2 percentage points vs 11-2024lowest value 01-2025: 2.2%▲ +0.1 percentage points vs 12-2024 02-2025: 2.5%▲ +0.3 percentage points vs 01-2025 03-2025: 2.5%● unchanged vs 02-2025 04-2025: 2.5%● unchanged vs 03-2025 05-2025: 2.5%● unchanged vs 04-2025 06-2025: 2.5%● unchanged vs 05-2025 07-2025: 2.5%● unchanged vs 06-2025 08-2025: 2.5%● unchanged vs 07-2025 09-2025: 3.7%▲ +1.2 percentage points vs 08-2025 10-2025: 3.7%● unchanged vs 09-2025 11-2025: 3.6%▼ -0.1 percentage points vs 10-2025 12-2025: 3.6%● unchanged vs 11-2025 01-2026: 3.6%● unchanged vs 12-2025 02-2026: 3.6%● unchanged vs 01-2026 03-2026: 3.6%● unchanged vs 02-2026 04-2026: 8.2%▲ +4.6 percentage points vs 03-2026 05-2026: 8.2%● unchanged vs 04-2026 06-2026: 8.0%▼ -0.2 percentage points vs 05-2026 07-2026: 7.6%▼ -0.4 percentage points vs 06-2026 08-2026: 9.6%▲ +2.0 percentage points vs 07-2026 09-2026: 11.3%▲ +1.7 percentage points vs 08-2026 10-2026: 13.9%▲ +2.6 percentage points vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 2.32, above the usual 1.5; short-term debt: 42.1% and cash: 0.1% of total assets), but 74.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro): better than 30% on solvency, 16% on liquidity and 60% on profitability.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 239 days late; 1 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 28-03-2026)
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · Liquidity: current ratio 2.32, cash €43
NBB · annual accounts
raises risk · 2024 accounts filed 239 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-03-2026, 239 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filing
Deviation from the deadline
2024
239 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 239 days after the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. IncorporationAppointment: HALLIDEN Victoria (director) ·…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 239 days View
  • One director decidessole director in office 1 View
  • Total assets 2024first financial year filed €75,926 View

By topic

Financials

Financial year
2024
Total assets
€75,926
Profit
€9,483
Solvency
25.7%
Go to Financials

Company details

Legal form
Private limited company
Activity
Public relations and communication consultancyNACE 73300
Founded
28-02-2023
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Articles of association

Provisions read
16
Annual meeting
Last Friday of June at 18:00
Purpose
“Op te treden als adviesbureau en producties te maken op het gebied van public relations…” (deed in Dutch)
Statutory auditor
No statutory auditor
Go to Articles of association

Key facts about Flying Free Media

What is the company number of Flying Free Media?
0798.950.101. In Belgium the VAT number is the company number with BE in front: BE 0798.950.101.
Where is Flying Free Media based?
The registered office is at Oudergemse weg 88, 3080 Tervuren.Company details
What does Flying Free Media do?
According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
What is the legal form of Flying Free Media?
Private limited company (BV).
When was Flying Free Media founded?
On 28-02-2023.
Is Flying Free Media still active?
Yes, Flying Free Media is an active enterprise in the KBO register.
What is the turnover of Flying Free Media?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Flying Free Media profitable?
In financial year 2024, Flying Free Media made a profit of €9,483.
Where can I find the annual accounts of Flying Free Media?
Flying Free Media filed 1 annual account with the National Bank of Belgium, for financial year 2024.

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