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 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Flanders Expo from Gent, company number BE0427328649, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year Flanders Expo recorded a gross margin of € 3.6 million and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 1.9 million to € 1.6 million. The company is profitable. The buffer shrank hard: equity is 61 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 13, 2025.
€ 3.9 million
▼ 61% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 318,181
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 7.8 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2 million
▲ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,967,802 | € 3,319,121 | € 3,357,739 | € 3,628,989 | ▲ 8% |
| Profit after taxes | € 1,424,767 | € 1,612,006 | € 1,900,742 | € 1,575,293 | ▼ 17% |
| Equity | € 6,569,315 | € 8,181,321 | € 10,082,064 | € 3,907,357 | ▼ 61% |
| Total debts | € 1,576,238 | € 23,064,097 | € 21,251,154 | € 10,926,194 | ▼ 49% |
| Cash | € 500 | € 1,378,527 | € 2,159,736 | € 318,181 | ▼ 85% |
| Land & buildings | € 3,313,757 | € 4,346,833 | € 7,182,334 | € 10,889,917 | ▲ 52% |
| Retained profit | € 3,108,026 | € 4,720,033 | € 6,620,775 | € 446,068 | ▼ 93% |
| Dividend | € 0 | € 0 | € 0 | € 7,750,000 | |
| Bank debt | € 0 | € 21,419,052 | € 20,194,809 | € 0 | ▼ 100% |
| Balance sheet total | € 8,145,553 | € 31,245,419 | € 31,333,218 | € 14,833,552 | ▼ 53% |
Key figures of Flanders Expo, 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 January 2027.
What happened to Flanders Expo?
What happened at Flanders Expo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VFD BV stepped down as director. NBB
- Corebiz BV stepped down as director. NBB
- Benoit David stepped down as director. NBB
- Virtus BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.6 million (▼ 17% vs 2024). Source: NBB ↗
- VFD BV became a director. NBB
- Virtus BV became a director. NBB
- Corebiz BV became a director. NBB
In short
From € 1.4 million profit in 2022 to € 1.6 million profit in 2025.
Paid € 2 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.9 million profit.
Paid out € 7.8 million in dividends to the owners in total.
Management
The stake of Easyfairs International comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Flanders ExpoThe shares are held by Easyfairs International (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Kenneth Verheyden
Also active at: Easyfairs Belgium, ANTWERP EXPO
since 2022 · until 2027
since 2019 · until 2027
Benoit David
Director
Also active at: Easyfairs Belgium, EASYFAIRS NORTHERAL, Easyfairs Group, Future Bidco, Future Management
since 2019 · until 2027
since 2022 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Maaltekouter 1
9051 Gent
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
- 0427.328.649
- VAT number
- BE 0427.328.649
- Registered office
- Maaltekouter 1, 9051 Gent
- Names & denominations
- Flanders Expo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 May 1985
- Peppol
- Active · Active since 10 Nov 2025
- Activities · NACE
Organisatie van congressen en beurzen
Organisatie van salons, tentoonstellingen en beurzen