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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FLORENCE - GESTION from Esneux, company number BE0428980322, closed financial year 2025 with a result of € -164,605 after tax. For that financial year FLORENCE - GESTION recorded a gross margin of € 534,514 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € -213,928 to € -164,605. 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 July 17, 2026.
€ 2.4 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -164,605
▲ 23 % less loss than in 2024
Profit after tax over the fiscal year.
€ 31,984
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.8 million.
People and assets in 2025
1.3
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 62,472
▲ 1% vs 2024
€ 48,100 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.
€ 182,211
▲ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.6 million
▼ 7% vs 2024
€ 320,883 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 151,050
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,164
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 971,844 | € 956,400 | € 393,062 | € 534,514 | ▲ 36% |
| Profit after taxes | € 158,504 | € 147,288 | € -213,928 | € -164,605 | ▲ € 49,323 |
| Equity | € 2,715,617 | € 2,792,906 | € 2,578,978 | € 2,414,372 | ▼ 6% |
| Total debts | € 3,866,234 | € 3,368,718 | € 3,474,598 | € 3,677,519 | ▲ 6% |
| Cash | € 516,238 | € 71,187 | € 48,415 | € 31,984 | ▼ 34% |
| Land & buildings | € 5,073,627 | € 4,917,725 | € 4,599,269 | € 4,554,043 | ▼ 1% |
| Retained profit | € 2,150,963 | € 2,228,252 | € 2,014,323 | € 1,849,718 | ▼ 8% |
| Dividend | € 100,000 | € 70,000 | € 0 | € 0 | |
| Bank debt | € 3,271,969 | € 2,975,930 | € 2,766,479 | € 2,559,768 | ▼ 7% |
| Balance sheet total | € 6,625,150 | € 6,203,541 | € 6,094,111 | € 6,131,044 | ▲ 1% |
| Employees (FTE) | - | - | 1.1 | 1.3 | ▲ 0.2 |
Key figures of FLORENCE - GESTION, 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 FLORENCE - GESTION?
What happened at FLORENCE - GESTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 164,605. Source: NBB ↗
- Olivier BUSTIN became a director. NBB
- New establishment in Esneux. KBO
- Start of the company according to the CBE. KBO
In short
From € 158,504 profit in 2022 to € 164,605 loss in 2025.
Paid € 200,248 in corporate taxes since 2022.
Best year ever: 2022, with € 158,504 profit.
On average € 411,200 of value added per employee in 2025.
Management
Behind FLORENCE - GESTION is Olivier BUSTIN . It owns 99.6% of VIGNOBLES BUSTIN itself.
Directors
According to the 2025 annual accounts
Olivier BUSTIN
Director
Also active at: PHARMACIES POPULAIRES DE VERVIERS ET ARRONDISSEMENT, SOGESTI, IMMO CEPAGE, PHARMACIE HENRY Agnés, C.H.O.B. IMMO, SANTIS GROUP, Francoise DISCRY, SANTIS MARKET +1 more
since 2023
Establishments
Establishment units
Physical locations of this company
Place de la Gare 6
4130 Esneux
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0428.980.322
- VAT number
- BE 0428.980.322
- Registered office
- Place de la Gare 6, 4130 Esneux
- Names & denominations
- FLORENCE - GESTION
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 May 1986
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Activiteiten van syndici van onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen