Financials
Financial year 2024
FLYING WHEEL from Sint-Martens-Latem, company number BE0448513152, closed financial year 2024 with a result of € 39,488 after tax. For that financial year FLYING WHEEL recorded a gross margin of € 67,953 and equity of € 58,530. Compared with financial year 2023, the result moved from € 5,769 to € 39,488. Profitable, and profit is growing. 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 October 19, 2025.
€ 58,530
▲ 207% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,488
▲ € 33,719 vs 2023
Profit after tax over the fiscal year.
€ 72,713
▲ 222% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 39,930.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 17,903
▲ € 17,197 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 6,500
▲ 86% vs 2023
Loans from banks and other lenders, long and short.
€ 605
▼ 90% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 31,500
▲ € 29,799 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 16,672 | € 23,381 | € 13,762 | € 67,953 | ▲ € 54,191 |
| Profit after taxes | € 3,805 | € 7,244 | € 5,769 | € 39,488 | ▲ € 33,719 |
| Equity | € 6,029 | € 13,273 | € 19,042 | € 58,530 | ▲ 207% |
| Total debts | € 60,765 | € 55,185 | € 47,136 | € 67,417 | ▲ 43% |
| Cash | € 27,282 | € 23,475 | € 22,616 | € 72,713 | ▲ 222% |
| Retained profit | € -12,571 | € -5,327 | € 442 | € 39,930 | ▲ € 39,488 |
| Bank debt | € 3,500 | € 3,500 | € 3,500 | € 6,500 | ▲ 86% |
| Balance sheet total | € 66,794 | € 68,458 | € 66,178 | € 125,946 | ▲ 90% |
Key figures of FLYING WHEEL, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to FLYING WHEEL?
What happened at FLYING WHEEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 39,488 (▲ € 33,719 vs 2023). filed late Source: NBB ↗
- Xavier De Somer became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,805 profit in 2021 to € 39,488 profit in 2024.
Paid € 24,091 in corporate taxes since 2021.
Best year ever: 2024, with € 39,488 profit.
A new publication or filing at FLYING WHEEL? 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
Behind FLYING WHEEL is Xavier De Somer.
Directors
According to the 2024 annual accounts
Xavier De Somer
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Latemstraat 106
9830 Sint-Martens-Latem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.513.152
- VAT number
- BE 0448.513.152
- Registered office
- Latemstraat 106, 9830 Sint-Martens-Latem
- Names & denominations
- FLYING WHEEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 October 1992
- Peppol
- Active · Active since 28 Jan 2026
- Activities · NACE
Activiteiten van reisbureaus
Reisbureaus
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Groothandel in hout
Organisatie van congressen en beurzen
Detailhandel in andere huishoudelijke artikelen, neg
Overige zakelijke dienstverlening, neg
Overige zakelijke dienstverlening, n.e.g.
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