Financials
Financial year 2026
FLAX GHEKIERE from Ledegem, company number BE0425912746, closed financial year 2026 with a result of € 1.3 million after tax. For that financial year FLAX GHEKIERE recorded a gross margin of € 2.3 million and equity of € 2.3 million. Compared with financial year 2025, the result moved from € 641,832 to € 1.3 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 6, 2026.
€ 2.3 million
▲ 86% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ 95% vs 2025
Profit after tax over the fiscal year.
€ 353,780
▼ 3% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 182,382 paid out
15 % of the profit went to the shareholders, mostly to JUVILIN (100 % of the shares). That is where the money ends up.
People and assets in 2026
4
Average over the fiscal year, from the social balance sheet.
€ 221,538
▲ 17% vs 2025
€ 55,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2.3 million
▼ 8% vs 2025
Of which on lease € 2.2 million.
Debts at end 2026
€ 2.7 million
▲ 2% vs 2025
€ 268,918 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 2.7 million
▲ € 2.1 million vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 30,838
▲ 149% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,423,338 | € 2,686,646 | € 1,367,173 | € 2,342,669 | ▲ 71% |
| Profit after taxes | € 928,944 | € 2,004,905 | € 641,832 | € 1,251,174 | ▲ 95% |
| Equity | € 883,776 | € 1,032,825 | € 1,244,514 | € 2,310,833 | ▲ 86% |
| Total debts | € 5,440,554 | € 8,451,683 | € 3,601,878 | € 5,713,620 | ▲ 59% |
| Cash | € 80,349 | € 764,029 | € 366,053 | € 353,780 | ▼ 3% |
| Retained profit | € 819,864 | € 968,914 | € 1,180,603 | € 2,246,922 | ▲ 90% |
| Dividend | € 750,000 | € 1,854,000 | € 427,669 | € 182,382 | ▼ 57% |
| Bank debt | € 3,124,508 | € 2,845,290 | € 2,615,382 | € 2,677,716 | ▲ 2% |
| Balance sheet total | € 6,324,330 | € 9,484,508 | € 4,846,392 | € 8,024,453 | ▲ 66% |
| Employees (FTE) | 2.2 | 3 | 4 | 4 |
Key figures of FLAX GHEKIERE, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to FLAX GHEKIERE?
What happened at FLAX GHEKIERE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Juvilin BV stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 1.3 million (▲ 95% vs 2025). Source: NBB ↗
- Juvilin BV became a director. NBB
- New establishment in Ledegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 928,944 profit in 2023 to € 1.3 million profit in 2026.
Paid € 566,597 in corporate taxes since 2023.
Best year ever: 2024, with € 2 million profit.
On average € 585,700 of value added per employee in 2026.
Management
The stake of JUVILIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FLAX GHEKIEREThe shares are held by JUVILIN (100%).
Directors
According to the 2026 annual accounts
Director · represented by Matthias Ghekiere
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Toor 2
8880 Ledegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
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Website info
Features
Security
Network
Details
- Company number
- 0425.912.746
- VAT number
- BE 0425.912.746
- Registered office
- Toor 2, 8880 Ledegem
- Names & denominations
- FLAX GHEKIERE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 1984
- Peppol
- Active · Active since 23 Apr 2026
- Contact
- flaxghekiere.be
- Activities · NACE
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