Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
74 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FLAGEY from Elsene, company number BE0431093437, closed financial year 2025 with a result of € 28,630 after tax. For that financial year FLAGEY recorded a gross margin of € 596,825 and equity of € 4.7 million. Compared with financial year 2024, the result moved from € -47,585 to € 28,630. Profitable, and profit is growing. 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 February 2, 2026.
€ 4.7 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,630
▲ still € 47,585 loss in 2024
Profit after tax over the fiscal year.
€ 169,090
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 285,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 4 million
▼ 8% vs 2024
Of which on lease € 4 million.
Debts at end 2025
€ 4.1 million
▼ 8% vs 2024
€ 345,642 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 299,092
▲ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,886
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 | € 307,268 | € 337,342 | € 494,165 | € 596,825 | ▲ 21% |
| Profit after taxes | € 3,852,664 | € -146,351 | € -47,585 | € 28,630 | ▲ € 76,214 |
| Equity | € 5,467,178 | € 5,241,827 | € 4,977,243 | € 4,720,873 | ▼ 5% |
| Total debts | € 5,822,392 | € 5,845,216 | € 5,313,082 | € 5,166,291 | ▼ 3% |
| Cash | € 1,569,157 | € 239,815 | € 195,212 | € 169,090 | ▼ 13% |
| Land & buildings | € 1,515,712 | € 1,528,997 | € 1,545,750 | € 1,579,215 | ▲ 2% |
| Retained profit | € 3,930,032 | € 3,704,681 | € 3,440,097 | € 3,183,726 | ▼ 7% |
| Dividend | € 100,000 | € 79,000 | € 217,000 | € 285,000 | ▲ 31% |
| Bank debt | € 5,152,645 | € 4,819,327 | € 4,481,950 | € 4,140,466 | ▼ 8% |
| Balance sheet total | € 12,539,335 | € 12,261,501 | € 11,376,445 | € 10,884,945 | ▼ 4% |
Key figures of FLAGEY, 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 FLAGEY?
What happened at FLAGEY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- K2 SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 28,630. filed late Source: NBB ↗
- K2 SA became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.9 million profit in 2022 to € 28,630 profit in 2025.
Paid € 20,328 in corporate taxes since 2022.
Best year ever: 2022, with € 3.9 million profit.
Paid out € 681,000 in dividends to the owners in total.
A new publication or filing at FLAGEY? We notify you, reason included.
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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 NOVO BELGIUM HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FLAGEYThe shares are held by NOVO BELGIUM HOLDING (99.8%).
Directors
According to the 2025 annual accounts
Managing director · represented by Dominique JANNE
Also active at: IMALPA, BRUXOPOLIS, MARS ENTERTAINMENT, VIRTUALIS
since 2014 · until 2030
Shareholders
99.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Eugène Flageyplein 7
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 74 companies are registered at this address.
All companies at this address →Etude Immobilière Moderne
Union Royale Nationale des Officiers Invalides de Guerre
Bruss
€ 79,314 gross margin · 2025
IMALPA same network
€ 570,794 gross margin · 2025
K2 same network
€ 253,987 gross margin · 2025
+69 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.093.437
- VAT number
- BE 0431.093.437
- Registered office
- Eugène Flageyplein 7, 1050 Elsene
- Names & denominations
- FLAGEY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 1987
- Peppol
- Active · Active since 14 May 2025
- Activities · NACE
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Handel in eigen onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis