Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FLODER from Evere, company number BE0450460674, closed financial year 2025 with a result of € -79.8 million after tax. For that financial year FLODER recorded a gross margin of € 8.1 million and equity of € -76.3 million. Compared with financial year 2024, the result moved from € 1.3 million to € -79.8 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 23, 2025.
€ -76.3 million
▼ € 76.9 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -79.8 million
▼ still € 1.3 million profit in 2024
Profit after tax over the fiscal year.
€ 436,350
▲ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -83.2 million.
People and assets in 2025
24.5
▲ 6.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 16% vs 2024
€ 47,100 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.
€ 31,190
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 25% vs 2024
€ 477,512 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 591,880
▲ 240% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 156,137
▼ 54% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,477,035 | € 6,966,624 | € 8,546,963 | € 8,141,058 | ▼ 5% |
| Profit after taxes | € -1,206,664 | € 694,761 | € 1,342,381 | € -79,795,435 | ▼ € 81.1 million |
| Equity | € -1,427,039 | € -732,278 | € 610,103 | € -76,295,332 | ▼ € 76.9 million |
| Total debts | € 32,468,626 | € 35,384,393 | € 37,172,850 | € 38,546,351 | ▲ 4% |
| Cash | € 165,634 | € 95,853 | € 257,342 | € 436,350 | ▲ 70% |
| Land & buildings | € 9,528,425 | € 9,120,274 | € 8,705,293 | € 11,181,672 | ▲ 28% |
| Retained profit | € -5,479,837 | € -4,785,077 | € -3,442,695 | € -83,238,130 | ▼ € 79.8 million |
| Bank debt | € 2,727,583 | € 2,303,730 | € 1,862,696 | € 1,403,786 | ▼ 25% |
| Balance sheet total | € 105,447,060 | € 109,892,313 | € 113,832,517 | € 48,710,311 | ▼ 57% |
| Employees (FTE) | 20.6 | 18.6 | 18.3 | 24.5 | ▲ 6.2 |
Key figures of FLODER, 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 October 2026.
What happened to FLODER?
What happened at FLODER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thomas De Witte stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 79.8 million (▼ € 81.1 million vs 2024). Source: NBB ↗
- Thomas De Witte became a director. NBB
- New establishment in Aalst. KBO
- New establishment in Aalst. KBO
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.2 million loss in 2022 to € 79.8 million loss in 2025.
Paid € 66,083 in corporate taxes since 2022.
Best year ever: 2024, with € 1.3 million profit.
On average € 332,300 of value added per employee in 2025.
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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 HOTEL DE FLANDRE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FLODERThe shares are held by HOTEL DE FLANDRE (55.2%). It owns 100% of Living Invest, 100% of Multi Construction, 99.9% of Vue Sur Hain, 99% of Continental Stay, 82.5% of Creative Construction and Renovation and 50% of P & PBI itself.
Directors
According to the 2025 annual accounts
Thomas De Witte
Bestuurder
Also active at: CREATIVE CONSTRUCTION and RENOVATION, RESIDENCE APARTHOTEL WELLINGTON, GRAVENSTEEN, Ghent River Hotel, HOTEL DE FLANDRE, LE SORINIA, MULTI CONSTRUCTION, CONTINENTAL STAY +4 more
since 2022 · until 2028
Shareholders
55.2%
Participations
100%
100%
99.9%
99%
50%
Establishments
Establishment units
Physical locations of this company
Kolonel Bourgstraat 139
1140 Evere
Kruisstraat 45
1050 Elsene
Active since 9 September 1993
De Ridderstraat 51
9300 Aalst
Active since 1 November 2015
Vrijheidstraat 62
9300 Aalst
Active since 1 November 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →LE SORINIA same network
€ 2.9 million gross margin · 2025
CONTINENTAL STAY same network
€ 2.9 million gross margin · 2025
MARCEL THIRY WOLUWE
€ 72,986 gross margin · 2025
STAY@BRUSSELS same network
€ 26,846 gross margin · 2025
HOMEGA same network
€ 166,160 gross margin · 2025
+1 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
- 0450.460.674
- VAT number
- BE 0450.460.674
- Registered office
- Kolonel Bourgstraat 139, 1140 Evere
- Names & denominations
- FLODER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 1993
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings
Hotels en dergelijke accommodatie
Organisatie van congressen en beurzen