What does FLANDERS do?

FLANDERS is a wholesaler in Herzele. Public Limited, started on 10 February 1988, 1 establishment.

What is the address of FLANDERS?

The registered office of FLANDERS is located at Daalkouterlaan 1, 9550 Herzele.

Is FLANDERS still active?

Yes. According to the CBE (30 October 2026) FLANDERS is active, legal situation “Normale toestand”, started on 10 February 1988.

Is FLANDERS registered on Peppol?

Yes, FLANDERS is registered on the Peppol network with ID 0208:0433185073.

What is the enterprise number of FLANDERS?

The enterprise number of FLANDERS is BE0433185073.

When was FLANDERS founded?

FLANDERS was founded on 10 February 1988.

Who are the directors of FLANDERS?

According to the 2025 annual accounts, the directors of FLANDERS are: Wim Van De Sande, Jean Van De Sande, Ronny Assez, Guy Van De Sande, Kathy Assez.

Is FLANDERS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 February 1988; 4 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did FLANDERS make in 2025?

FLANDERS posted a profit after taxes of € 91,011 in financial year 2025.

What is the revenue of FLANDERS?

As a small company, FLANDERS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 254,011.

How much does an employee at FLANDERS earn?

The average wage cost per full-time employee at FLANDERS was € 44,100 in 2023: staff costs of € 132,394 for 3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

FLANDERS (Public Limited) - Herzele - BE0433185073

Dossier FLANDERS, printed on 30 October 2026 from databakkes.be/en/0433185073/flanders. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Figures corrected NBB

Corrected annual account filed for 2023, 2024.

Financials

Financial year 2025

FLANDERS from Herzele, company number BE0433185073, closed financial year 2025 with a result of € 91,011 after tax. For that financial year FLANDERS recorded a gross margin of € 254,011 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 189,797 to € 91,011. 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 March 10, 2026.

What it is worth Growing

€ 1.1 million

▲ 9% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 91,011

▼ 52% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 160,626

▲ 75% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1 million.

People and assets in 2025

Wage cost

€ 130,220

▼ 14% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 51,697

▼ 30% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 38,737

▼ 27% vs 2024

€ 15,055 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 141,760

▲ 2% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 43,606

▼ 64% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 192,398 Gross margin 2022: € 192,398 First fiscal year in the series	€ 252,565 Gross margin 2023: € 252,565 ▲ 31% vs 2022 (€ 192,398) Favourable step	€ 543,757 Gross margin 2024: € 543,757 ▲ 115% vs 2023 (€ 252,565) Favourable step	€ 254,011 Gross margin 2025: € 254,011 ▼ 53% vs 2024 (€ 543,757) Unfavourable step	▼ 53%
Profit after taxes	€ 28,710 Profit after taxes 2022: € 28,710 First fiscal year in the series	€ 67,093 Profit after taxes 2023: € 67,093 ▲ 134% vs 2022 (€ 28,710) Favourable step	€ 189,797 Profit after taxes 2024: € 189,797 ▲ 183% vs 2023 (€ 67,093) Favourable step	€ 91,011 Profit after taxes 2025: € 91,011 ▼ 52% vs 2024 (€ 189,797) Unfavourable step	▼ 52%
Equity	€ 789,309 Equity 2022: € 789,309 First fiscal year in the series	€ 856,403 Equity 2023: € 856,403 ▲ 9% vs 2022 (€ 789,309) Favourable step	€ 1,046,199 Equity 2024: € 1,046,199 ▲ 22% vs 2023 (€ 856,403) Favourable step	€ 1,137,210 Equity 2025: € 1,137,210 ▲ 9% vs 2024 (€ 1,046,199) Favourable step	▲ 9%
Total debts	€ 491,781 Total debts 2022: € 491,781 First fiscal year in the series	€ 365,269 Total debts 2023: € 365,269 ▼ 26% vs 2022 (€ 491,781) Favourable step	€ 312,645 Total debts 2024: € 312,645 ▼ 14% vs 2023 (€ 365,269) Favourable step	€ 229,279 Total debts 2025: € 229,279 ▼ 27% vs 2024 (€ 312,645) Favourable step	▼ 27%
Cash	€ 278,608 Cash 2022: € 278,608 First fiscal year in the series	€ 56,041 Cash 2023: € 56,041 ▼ 80% vs 2022 (€ 278,608) Unfavourable step	€ 91,700 Cash 2024: € 91,700 ▲ 64% vs 2023 (€ 56,041) Favourable step	€ 160,626 Cash 2025: € 160,626 ▲ 75% vs 2024 (€ 91,700) Favourable step	▲ 75%
Retained profit	€ 664,309 Retained profit 2022: € 664,309 First fiscal year in the series	€ 731,403 Retained profit 2023: € 731,403 ▲ 10% vs 2022 (€ 664,309) Favourable step	€ 921,199 Retained profit 2024: € 921,199 ▲ 26% vs 2023 (€ 731,403) Favourable step	€ 1,012,210 Retained profit 2025: € 1,012,210 ▲ 10% vs 2024 (€ 921,199) Favourable step	▲ 10%
Bank debt	€ 70,000 Bank debt 2022: € 70,000 First fiscal year in the series	€ 82,186 Bank debt 2023: € 82,186 ▲ 17% vs 2022 (€ 70,000) Unfavourable step	€ 53,231 Bank debt 2024: € 53,231 ▼ 35% vs 2023 (€ 82,186) Favourable step	€ 38,737 Bank debt 2025: € 38,737 ▼ 27% vs 2024 (€ 53,231) Favourable step	▼ 27%
Balance sheet total	€ 1,281,090 Balance sheet total 2022: € 1,281,090 First fiscal year in the series	€ 1,221,671 Balance sheet total 2023: € 1,221,671 ▼ 5% vs 2022 (€ 1,281,090) Unchanged	€ 1,358,844 Balance sheet total 2024: € 1,358,844 ▲ 11% vs 2023 (€ 1,221,671) Unchanged	€ 1,366,490 Balance sheet total 2025: € 1,366,490 ▲ 1% vs 2024 (€ 1,358,844) Unchanged	▲ 1%
Employees (FTE)	3 Employees (FTE) 2022: 3 First fiscal year in the series	3 Employees (FTE) 2023: 3 Unchanged (3) Unchanged	-	-

Key figures of FLANDERS, 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 March 2027.

What happened to FLANDERS?

What happened at FLANDERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Wim Van De Sande stepped down as director. NBB
2028 Jean Van De Sande stepped down as director. NBB
2028 Ronny Assez stepped down as director. NBB
2028 Guy Van De Sande stepped down as director. NBB
2028 Kathy Assez stepped down as director. NBB
Mar 10, 2026 New annual accounts for financial year 2025: profit of € 91,011 (▼ 52% vs 2024). Source: NBB ↗
2022 Wim Van De Sande became a director. NBB
2022 Jean Van De Sande became a director. NBB

In short

From € 28,710 profit in 2022 to € 91,011 profit in 2025.

Paid € 160,058 in corporate taxes since 2022.

Best year ever: 2024, with € 189,797 profit.

On average € 84,200 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Wim Van De Sande

Director

since 2022 · until 2028

Jean Van De Sande

Director

since 2022 · until 2028

Ronny Assez

Director

since 2022 · until 2028

Guy Van De Sande

Director

since 2022 · until 2028

Kathy Assez

Director

since 2022 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Daalkouterlaan 1

9550 Herzele

2.034.044.666

Wijteveldstraat 60

9552 Herzele

Active since 11 February 1988

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0433.185.073

VAT number

BE 0433.185.073

Registered office

Daalkouterlaan 1, 9550 Herzele

Names & denominations

FLANDERS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

10 February 1988

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Groothandel in fietsen

Groothandel in sport- en kampeerartikelen, rijwielen en onderdelen en toebehoren daarvan, spellen en speelgoed

Vervaardiging van fietsen en invalidenwagens

Detailhandel in fietsen

Detailhandel in fietsen in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗

FLANDERS

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Financials

What happened to FLANDERS?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions