Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FLANDERS TRADING & INVESTMENT COMPANY from Waregem, company number BE0423070745, closed financial year 2025 with a result of € -11,182 after tax. For that financial year FLANDERS TRADING & INVESTMENT COMPANY recorded a gross margin of € 278,847 and equity of € 1 million. Compared with financial year 2024, the result moved from € -82,693 to € -11,182. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2026.
€ 1 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,182
▲ 86 % less loss than in 2024
Profit after tax over the fiscal year.
€ 14,985
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 36,173.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 241,902
▼ 28% vs 2024
€ 19,212 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 12,197
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,121
▼ 56% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 147,176 | € 186,828 | € 205,701 | € 278,847 | ▲ 36% |
| Profit after taxes | € -169,881 | € -144,790 | € -82,693 | € -11,182 | ▲ € 71,512 |
| Equity | € 1,244,177 | € 1,099,388 | € 1,016,694 | € 1,005,513 | ▼ 1% |
| Total debts | € 1,446,317 | € 1,415,661 | € 1,314,400 | € 1,177,994 | ▼ 10% |
| Cash | € 6,502 | € 80,307 | € 18,718 | € 14,985 | ▼ 20% |
| Land & buildings | € 1,939,928 | € 2,001,108 | € 1,926,716 | € 1,849,144 | ▼ 4% |
| Retained profit | € 274,837 | € 130,048 | € 47,354 | € 36,173 | ▼ 24% |
| Bank debt | € 478,000 | € 411,771 | € 337,591 | € 241,902 | ▼ 28% |
| Balance sheet total | € 2,690,495 | € 2,515,049 | € 2,331,095 | € 2,183,507 | ▼ 6% |
Key figures of FLANDERS TRADING & INVESTMENT COMPANY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to FLANDERS TRADING & INVESTMENT COMPANY?
What happened at FLANDERS TRADING & INVESTMENT COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,182. Source: NBB ↗
- Geert Synhaeve became a director. NBB
- Stefaan Synhaeve became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 169,881 loss in 2022 to € 11,182 loss in 2025.
Paid € 3,654 in corporate taxes since 2022.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of SYNHAEVE INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FLANDERS TRADING & INVESTMENT COMPANYBehind FLANDERS TRADING & INVESTMENT COMPANY are Geert Synhaeve and Stefaan Synhaeve. The shares are held by SYNHAEVE INVEST (100%).
Directors
According to the 2025 annual accounts
since 1982
since 1982
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijkseweg 272
8791 Waregem
Paanderstraat 69
8791 Waregem
Active since 15 September 1982
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.070.745
- VAT number
- BE 0423.070.745
- Registered office
- Kortrijkseweg 272, 8791 Waregem
- Names & denominations
- FLANDERS TRADING & INVESTMENT COMPANY · FTIC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 September 1982
- Peppol
- Active · Active since 25 Aug 2025
- Activities · NACE
Activiteiten van syndici van onroerend goed
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis