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THE FLAME

Active
Private limited company·Activiteiten van holdings· 14 yrs active
Achterdreef 3 ·9270 Laarne, Belgium
KBO/BCE: BE 0846.917.886
Watch Print / PDF
Age14 yrs
Connections1
Real estate2 parcels · 1,774 m²

Summary

Conclusion

the dossier summarised in one paragraph

THE FLAME is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €3.53M and a net result of €1.23M. The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 34 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not confirmed -
31-12-2024 31-07-2025 09-10-2025 70 d late 2025-00536986
31-12-2023 31-07-2024 30-08-2024 30 d late 2024-00438776
31-12-2022 31-07-2023 01-09-2023 32 d late 2023-00436177
31-12-2021 31-07-2022 05-10-2022 66 d late 2022-20452644
31-12-2020 31-07-2021 02-08-2021 2 d late 2021-45500370
31-12-2019 31-07-2020 28-07-2020 3 d early 2020-35900500
31-12-2018 31-07-2019 02-09-2019 33 d late 2019-60700534
31-12-2017 31-07-2018 27-08-2018 27 d late 2018-50700046
31-12-2016 31-07-2017 06-07-2017 25 d early 2017-28000139
31-12-2015 31-07-2016 28-07-2016 3 d early 2016-36900131

Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Established
Founded in 2012, 14 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

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.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Financials

Equity€3.53M
Net result€1.23M
Total assets€4.05M
Solvency87.0%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 09-10-2025 with the NBB · fiscal year 2024 · abbreviated schema
Fiscal year2024
Depositabbreviated schema
Revenuen/a
EBITDAn/a
Net profit€1.23M
Cash flown/a
Staff costs-
Income taxes€182k
Dividends€259k
Total assets€4.05M
Equity€3.53M
Debt€526k
of which ≤ 1y€479k
of which > 1y€47k
Working capitaln/a
Employees (FTE)0.0
Ratios (computed)
2024
Current ration/a
Quick ration/a
Working capital ration/a
Solvency87.0%
Debt / equityn/a
Long-term debt ration/a
Interest coveragen/a
Gross marginn/a
Net marginn/a
ROA30.3%
ROE34.8%
EBITDA marginn/a
Days sales outstandingn/a
Days payable outstandingn/a
Inventory turnovern/a
Days inventory (DSI)n/a
Balance-sheet composition 2024
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€4.05M
Fixed assets 21/28€607k
Tangible fixed assets 22/27€350k
Financial fixed assets 28€257k
Current assets 29/58€3.45M
Amounts receivable within one year 40/41€40k
Investments 50/53€2.09M
Cash & bank 54/58€1.31M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€4.05M
Equity 10/15€3.53M
Contributions / capital 10/11€12k
Reserves 13€3.52M
Accumulated profits (losses) 14€0
Amounts payable 17/49€526k
Amounts payable after one year 17€47k
Amounts payable within one year 42/48€479k
Trade debts payable within one year 44€0
Income statement
Gross operating margin 9900€266k
Operating result 9901€237k
Financial income 75€1.19M
Financial charges 65€13k
Result before taxes 9903€1.41M
Income taxes 67/77€182k
Net result for the period 9904€1.23M
Result to be appropriated 9905€1.23M
Ratios computed by Checked.

Health barometer

FY 2024 · computed
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Structure & network

Connections & network

1 connected company
Group structure
SOFINDEV MANAGEMENT
We sit on their board · 7 subsidiaries · 1 location
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

1 party
THE FLAMEBE 0846.917.886
controls
Where this company holds controlthis company sits on their board1
SOFINDEV MANAGEMENT
7 subsidiaries · 1 location

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Achterdreef 39270 Laarne

Establishment units

1 location
The Flame
Achterdreef 3B, 9270 LaarneOp lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven die in meerderheid tot de financiële sector behoren
since 20122.211.110.644
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1,774 m²
Buildings2
Building footprint330 m²
Volume (LiDAR)1,865 m³
Tallest building10.5 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42010C0108/00V003 Flanders 1,121 m² 1 · 196 m² 6.4 m · 2 fl.
42010C0108/00C004 Flanders 653 m² 1 · 134 m² 10.5 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

3 of 5 axes measured
Health-Profitability100Solvency100Growth-Stability85
95 / 100

This figure rests on 3 of 5 axes. Too few to say where this company is strong or weak.

Computed on 3 of 5 axes. Not measured: health, growth. An unmeasured axis is not a zero: no data was read for it.

Health -
Profitability 100
Solvency 100
Growth -
Stability 85

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.

Similar

Similar companies

Same sector and region
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 5,578 of the 24,685 companies in this sector.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Holdings64200Activiteiten van holdings64210Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220
Primary activity highlighted.
Names & trade names
Legal nameNL THE FLAME
Registered office
Achterdreef 3 bus b
9270 Laarne, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.