Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
103 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Fläkt Elve from Zaventem, company number BE0400858933, closed financial year 2025 with a result of € -793,934 after tax. For that financial year Fläkt Elve recorded a gross margin of € -655 and equity of € -13.8 million. Compared with financial year 2024, the result moved from € -764,006 to € -793,934. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 21, 2026.
€ -13.8 million
▼ € 793,934 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -793,934
▼ 4 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,389
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -16.3 million.
Debts at end 2025
€ 13.7 million
▲ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 15,134
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,948 | € -164 | € -10,598 | € -655 | ▲ € 9,943 |
| Profit after taxes | € -227,091 | € -524,765 | € -764,006 | € -793,934 | ▼ € 29,928 |
| Equity | € -11,677,780 | € -12,202,545 | € -12,966,551 | € -13,760,485 | ▼ € 793,934 |
| Total debts | € 11,711,714 | € 12,234,788 | € 12,968,594 | € 13,761,874 | ▲ 6% |
| Cash | € 20,322 | € 18,227 | € 2,043 | € 1,389 | ▼ 32% |
| Retained profit | € -14,247,935 | € -14,772,700 | € -15,536,706 | € -16,330,640 | ▼ € 793,934 |
| Bank debt | € 11,697,121 | € 12,219,654 | € 12,948,504 | € 13,741,784 | ▲ 6% |
| Balance sheet total | € 33,934 | € 32,243 | € 2,043 | € 1,389 | ▼ 32% |
Key figures of Fläkt Elve, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Fläkt Elve?
What happened at Fläkt Elve in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 793,934. filed late Source: NBB ↗
- Stéphane Maravel became a director. NBB
- Bart Vandenberghe became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 227,091 loss in 2022 to € 793,934 loss in 2025.
Management
The stake of Fläkt Woods comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Fläkt ElveBehind Fläkt Elve are Stéphane Maravel and Bart Vandenberghe. The shares are held by Fläkt Woods (100%).
Directors
According to the 2025 annual accounts
Stéphane Maravel
Managing director
since 2025
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Da Vincilaan 2
1930 Zaventem
Dobbelenbergstraat 7
1130 Brussel
Active since 26 August 1993
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 103 companies are registered at this address.
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+98 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.858.933
- VAT number
- BE 0400.858.933
- Registered office
- Da Vincilaan 2, 1930 Zaventem
- Names & denominations
- Fläkt Elve
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 September 1959
- Peppol
- Active · Active since 1 Jan 2001