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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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FLODECO from Ingelmunster, company number BE0425924426, closed financial year 2025 with a result of € 7,886 after tax. For that financial year FLODECO recorded a gross margin of € 97,241 and equity of € 856,518. Compared with financial year 2024, the result moved from € 13,442 to € 7,886. The company is profitable. 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 July 3, 2026.
€ 856,518
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,886
▼ 41% vs 2024
Profit after tax over the fiscal year.
€ 3,956
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 246,699.
People and assets in 2025
€ 30,782
▲ € 28,852 vs 2024
Of which on lease € 27,861.
Debts at end 2025
€ 516,360
▼ 7% vs 2024
€ 71,484 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 15,213
▲ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,195
▼ 31% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 78,110 | € 86,579 | € 101,609 | € 97,241 | ▼ 4% |
| Profit after taxes | € -1,683 | € 2,316 | € 13,442 | € 7,886 | ▼ 41% |
| Equity | € 832,883 | € 835,200 | € 848,642 | € 856,518 | ▲ 1% |
| Total debts | € 696,993 | € 633,240 | € 579,436 | € 553,667 | ▼ 4% |
| Cash | € 3,754 | € 9,949 | € 9,380 | € 3,956 | ▼ 58% |
| Land & buildings | € 1,466,397 | € 1,453,206 | € 1,406,421 | € 1,355,081 | ▼ 4% |
| Retained profit | € 223,064 | € 225,380 | € 238,823 | € 246,699 | ▲ 3% |
| Bank debt | € 678,550 | € 616,396 | € 552,982 | € 516,360 | ▼ 7% |
| Balance sheet total | € 1,560,508 | € 1,496,518 | € 1,453,605 | € 1,433,169 | ▼ 1% |
Key figures of FLODECO, 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 FLODECO?
What happened at FLODECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,886 (▼ 41% vs 2024). Source: NBB ↗
- Kevin Florin became a director. NBB
- CHRISTELE DECOCK became a director. NBB
- LUC FLORIN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,683 loss in 2022 to € 7,886 profit in 2025.
Paid € 14,987 in corporate taxes since 2022.
Best year ever: 2024, with € 13,442 profit.
Management
Behind FLODECO are CHRISTELE DECOCK, Kevin Florin and LUC FLORIN. Kevin Florin is also behind FLOVERI.
Directors
According to the 2025 annual accounts
CHRISTELE DECOCK
Director
since 1990
since 2025
LUC FLORIN
Director
since 1984
Establishments
Establishment units
Physical locations of this company
Bremstraat 7
8770 Ingelmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0425.924.426
- VAT number
- BE 0425.924.426
- Registered office
- Bremstraat 7, 8770 Ingelmunster
- Names & denominations
- FLODECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 1984
- Peppol
- Active · Active since 7 May 2024
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