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THE FLAMINGO

Active
Public limited companyfounded 2003active for 22 yearsElsa Frisonsquare 25, 1070 Anderlecht, Belgium25 active companies are registered at this addressKBO/BCE: BE 0861.890.629

From the official registers: KBO 22 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

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 has been shrinking by about 46% per year since 2019. Its solvency ranks better than 9% of 5,036 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

Official details

KBO
Status
Active since 27-11-2003 Normal situation
Legal form
Public limited company
Registered office
Elsa Frisonsquare 25, 1070 Anderlecht
Activity
Retail trade NACE 47260and 3 others
Establishment unit
2.342.908.997 7380 Quiévrain, since 16-03-2023
Financial year end
30 September
Peppol
Reachable since 30-12-2025

Board and ownership

Board

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Annual accounts to 30-09-2025
Turnover
€1.8m
▲ 298%
Loss
€31,341
▲ 53.5%
Equity
-€107,562
▼ 41.1%
Total assets
€672,021
▲ 4.4%
Staff
5 FTE
▼ 20.6%
2025 accounts filed 1 day before the deadline
Filed on 29-04-2026PDF
Score breakdownraises 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 stronger than 27% of micro companies in retail trade (NACE 47)
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 within 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).

Sector median 0.6% (40,270 companies, NACE 47, micro)
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 is insufficient, with a current ratio of 0.26 (0.22 in 2024), below 1. Short-term debt is 116% and cash 15.8% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 15% of them on solvency, 18% on liquidity, 21% on profitability and 55% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€107,562
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Legal form: public limited company
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity 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 filings
Deviation 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

The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was 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 months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€107,562 View
  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€31,341 View
  • Positive: Turnover rose in 2025from €461,983 to €1.8m ▲ 298% View
  • Caution: Less equity than 91% of companies in retail tradesector median €446,140 · 5,037 companies -€107,562 View

Documents

Annual accounts at the NBB

All 22 annual accounts

Articles and registers

Key facts about THE FLAMINGO

What is the company number of THE FLAMINGO?
The company number of THE FLAMINGO is 0861.890.629. The VAT number is the same 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?
The legal form of THE FLAMINGO is Public limited company (NV).
When was THE FLAMINGO founded?
THE FLAMINGO was 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?
THE FLAMINGO had an average of 5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of THE FLAMINGO?
The turnover of THE FLAMINGO was €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.Annual accounts 2025 (PDF)
When are the next annual accounts of THE FLAMINGO due?
THE FLAMINGO must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

Comparable companies

These companies have the same main activity as THE FLAMINGO: retail trade (NACE 47260). They are comparable in size and age: total assets between €390,000 and €1.2m, founded between 1996 and 2013.

CompanyTotal assetsGross margin
THE FLAMINGO Anderlecht€0.7m€0.3m
A.M.C. GESTION Huy€0.9m€0.2m
MIKE' S HAVANA AMBASSADORS Antwerpen€1.2m€0.2m
L'EXPRESS-TABACS Quévy€0.4m€0.1m
PAPIERUS Wuustwezel€1.1m€0.2m
Belgium Luxury Trading Waregem€0.6m€0.2m
ASTUCE Waregem€0.8m€0.2m
Full comparison

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