Financials
- Financial year
- 2025
- Turnover
- €1.8m
- Loss
- -€31,341
- Solvency
- -16.0%
Turnover▲ 298%
Net result
20192025
THE FLAMINGO
ActiveSummary
The computed 12-month bankruptcy probability of THE FLAMINGO is 2.1% (moderate). The 2025 annual accounts show negative equity (-€107,562) and a net result of -€31,341. Equity is shrinking by about 46% per year across the filed financial years. Its solvency ranks better than 9% of 5,025 sector peers (NACE 47, financial year 2025). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Retail trade
NACE 47260Gambling and betting activities NACE 92000
1 site
Size
€1.8mturnover 2025
- Staff
- 5 FTE
- Equity
- -€107,562
- Loss
- -€31,341
Structure
- Claudine LEDOUXManaging director
- Denis LEDOUXDirector
2025 accounts 1 day early5 of 9 deeds summarised
Why 52raises riskNegative equity -€107,5621 change of registered office in 24 monthsSector: Retail trade (NACE 47)lowers riskLegal form: public limited companyShow the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 27% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Weak
Solvency
9-4
equity -16.0% of total assets
Liquidity
20-5
short-term debt 116.0% · cash 15.8%
Profitability
19-29
return on assets -4.7%
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 6.6%
12-2024: 6.5%▼ -0.1 percentage points vs 11-2024
01-2025: 6.7%▲ +0.2 percentage points vs 12-2024
02-2025: 6.9%▲ +0.2 percentage points vs 01-2025highest value
03-2025: 6.4%▼ -0.5 percentage points vs 02-2025
04-2025: 6.5%▲ +0.1 percentage points vs 03-2025
05-2025: 6.2%▼ -0.3 percentage points vs 04-2025
06-2025: 2.3%▼ -3.9 percentage points vs 05-2025
07-2025: 2.3%● unchanged vs 06-2025
08-2025: 2.3%● unchanged vs 07-2025
09-2025: 2.3%● unchanged vs 08-2025
10-2025: 2.3%● unchanged vs 09-2025
11-2025: 2.3%● unchanged vs 10-2025
12-2025: 2.5%▲ +0.2 percentage points vs 11-2025
01-2026: 2.5%● unchanged vs 12-2025
02-2026: 2.8%▲ +0.3 percentage points vs 01-2026
03-2026: 1.8%▼ -1.0 percentage point vs 02-2026
04-2026: 2.0%▲ +0.2 percentage points vs 03-2026
05-2026: 2.6%▲ +0.6 percentage points vs 04-2026
06-2026: 1.8%▼ -0.8 percentage points vs 05-2026lowest value
07-2026: 1.8%● unchanged vs 06-2026lowest value
08-2026: 1.8%● unchanged vs 07-2026lowest value
09-2026: 2.1%▲ +0.3 percentage points vs 08-2026
10-2026: 2.1%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.26, compared with 0.22 in 2024, below 1; short-term debt: 116% and cash: 15.8% of total assets), and equity is negative.
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 47, micro): better than 15% on solvency, 18% on liquidity, 21% on profitability and 55% on growth.
The bankruptcy probability was computed on 28-10-2026 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
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€107,562
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
on the day
2023
13 days early
2022
3 days late
2021
2 days early
2020
1 day early
2019
3 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days before 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 (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end29-10-2026 today30-04-2027 deadline
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
Key points
- Risk: Negative equityfinancial year 2025: debts exceed assets -€107,562 View
- Risk: 4 loss-making years in a rowloss financial year 2025 -€31,341 View
- Positive: Turnover rose in 2025from €461,983 to €1.8m ▲ 298% View
- Caution: Among the weakest 9% on equitysector median €447,349 · 5,026 companies -€107,562 View
By topic
Board & ownership
- Board
- 2 members
- Claudine LEDOUXManaging director
- Denis LEDOUXDirector
Network & group
- Connected companies
- 8
Timeline
- Events
- 29
- Since
- 2005
- Next accounts
- by 30-04-2027
- 17-04-2024Annual accounts filed
- 01-02-2024Resignation: LEDOUX Claudine Irène (director)
- 30-09-2023Weakest financial year
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Retail tradeNACE 47260
- Founded
- 27-11-2003
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 39
- Purpose
- “L’exploitation de salles de jeux de hasard de classe II et de salles de jeux automatiques…” (deed in French)
Key facts about THE FLAMINGO
- What is the company number of THE FLAMINGO?
- 0861.890.629. In Belgium the VAT number is the company number with BE in front: BE 0861.890.629.
- Where is THE FLAMINGO based?
- The registered office is at Elsa Frisonsquare 25, 1070 Anderlecht.Company details
- What does THE FLAMINGO do?
- According to the KBO register, the main activity is retail trade (NACE 47260).
- What is the legal form of THE FLAMINGO?
- Public limited company (NV).
- When was THE FLAMINGO founded?
- On 27-11-2003.
- Is THE FLAMINGO still active?
- Yes, THE FLAMINGO is an active enterprise in the KBO register.
- How many employees does THE FLAMINGO have?
- On average 5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of THE FLAMINGO?
- €1.8m in financial year 2025, according to the filed annual accounts.
- Is THE FLAMINGO profitable?
- In financial year 2025, THE FLAMINGO made a loss of €31,341.
- Where can I find the annual accounts of THE FLAMINGO?
- THE FLAMINGO filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of THE FLAMINGO due?
- By 30-04-2027, for financial year 2026.Timeline
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