We present simultaneous ultraviolet and optical observations of five f
lares on the very late type M dwarf Gl 866 (dM5.5e). A procedure to es
timate the physical parameters of the flaring plasma has been develope
d using a simplified model of the flare and a comparison of observed a
nd computed Balmer decrements. With this procedure we have determined
the optical thickness, electron temperature and electron density of th
e flaring plasma at flare maximum for three spectroscopically observed
flares. The three spectroscopically observed flares cover up to 5 per
cent of the stellar surface and have areas similar to solar flares.