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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Flyerco I from Bornem, company number BE0403522770, closed financial year 2025 with a result of € -21,734 after tax. For that financial year Flyerco I recorded a gross margin of € -8,119 and equity of € 22.9 million. Compared with financial year 2022, the result moved from € 5.5 million to € -21,734. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 11, 2026.
€ 22.9 million
▲ 3% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,734
▼ still € 5.5 million profit in 2022
Profit after tax over the fiscal year.
€ 53
▼ € 37,043 vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 22.8 million.
Debts at end 2025
€ 85
Loans from banks and other lenders, long and short.
€ 16,796
▼ 99% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 2,002
▼ € 1.1 million vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2025 | Change 2022 → 2025 | |
|---|---|---|---|---|
| Revenue | € 20,129,120 | € 14,255,115 | - | |
| Gross margin | - | - | € -8,119 | |
| Profit after taxes | € 663,263 | € 5,474,385 | € -21,734 | ▼ € 5.5 million |
| Equity | € 16,788,042 | € 22,262,427 | € 22,938,113 | ▲ 3% |
| Total debts | € 8,250,570 | € 3,440,333 | € 18,883 | ▼ 99% |
| Cash | € 111,752 | € 37,096 | € 53 | ▼ € 37,043 |
| Land & buildings | € 1,406,010 | - | - | |
| Retained profit | € 16,642,531 | € 22,116,916 | € 22,792,602 | ▲ 3% |
| Bank debt | € 3,521,020 | € 0 | € 85 | |
| Balance sheet total | € 25,038,612 | € 25,702,760 | € 22,956,996 | ▼ 11% |
| Employees (FTE) | 170.9 | 162.1 | - |
Key figures of Flyerco I, fiscal years 2021 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 Flyerco I?
What happened at Flyerco I in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NPM Capital NV stepped down as director. NBB
- Luma Comm.V stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 21,734 (▼ € 5.5 million vs 2022). filed late Source: NBB ↗
- NPM Capital NV became a director. NBB
- Luma Comm.V became a director. NBB
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
In short
From € 663,263 profit in 2021 to € 21,734 loss in 2025.
Paid € 960,808 in corporate taxes since 2021.
Best year ever: 2022, with € 5.5 million profit.
Management
The stake of FlyerCo Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Flyerco IThe shares are held by FlyerCo Holding (100%).
Directors
According to the 2025 annual accounts
Director · represented by Raf Lambrix
Also active at: DYMAR M.S., TAXI VERBOVEN VRACHT, IMMO VERBOVEN, De Grensverspreider, M & S INVEST, PAPERBOY, FlyerCo II, FlyerCo IV +9 more
since 2022 · until 2028
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Klein-Mechelen(BOR) 18A
2880 Bornem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →PAPERBOY same network
€ 722,872 gross margin · 2025
FlyerCo IV same network
€ -10,003 gross margin · 2025
BELGIAN DISTRIBUTION GROUP same network
€ 2.1 million revenue · 2025
BD MEDIA same network
€ 61.6 million revenue · 2025
BD DIGITAL same network
€ 214,353 gross margin · 2025
+3 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
- 0403.522.770
- VAT number
- BE 0403.522.770
- Registered office
- Klein-Mechelen(BOR) 18A, 2880 Bornem
- Names & denominations
- Flyerco I
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 November 1961
- Peppol
- Not registered
- Activities · NACE
Opslag