Financials
Financial year 2025
FLYING WHEEL from Sint-Martens-Latem, company number BE0448513152, closed financial year 2025 with a result of € 28,524 after tax. For that financial year FLYING WHEEL recorded a gross margin of € 64,317 and equity of € 87,054. Compared with financial year 2024, the result moved from € 39,488 to € 28,524. 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 September 30, 2026.
€ 87,054
▲ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,524
▼ 28% vs 2024
Profit after tax over the fiscal year.
€ 104,812
▲ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 68,454.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 14,875
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 442
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,695
▼ 31% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 23,381 | € 13,762 | € 67,953 | € 64,317 | ▼ 5% |
| Profit after taxes | € 7,244 | € 5,769 | € 39,488 | € 28,524 | ▼ 28% |
| Equity | € 13,273 | € 19,042 | € 58,530 | € 87,054 | ▲ 49% |
| Total debts | € 55,185 | € 47,136 | € 67,417 | € 35,351 | ▼ 48% |
| Cash | € 23,475 | € 22,616 | € 72,713 | € 104,812 | ▲ 44% |
| Retained profit | € -5,327 | € 442 | € 39,930 | € 68,454 | ▲ 71% |
| Bank debt | € 3,500 | € 3,500 | € 6,500 | € 0 | ▼ 100% |
| Balance sheet total | € 68,458 | € 66,178 | € 125,946 | € 122,405 | ▼ 3% |
Key figures of FLYING WHEEL, 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 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 2025: profit of € 28,524 (▼ 28% vs 2024). 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 € 7,244 profit in 2022 to € 28,524 profit in 2025.
Paid € 40,580 in corporate taxes since 2022.
Best year ever: 2024, with € 39,488 profit.
Management
Behind FLYING WHEEL is Xavier De Somer.
Directors
According to the 2025 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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