Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FLYWHEELS from Waregem, company number BE0452642481, closed financial year 2025 with a result of € 2,655 after tax. For that financial year FLYWHEELS recorded a gross margin of € 52,039 and equity of € 95,558. Compared with financial year 2024, the result moved from € 2,304 to € 2,655. 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 August 28, 2026.
€ 95,558
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,655
▲ 15% vs 2024
Profit after tax over the fiscal year.
€ 1,117
▲ 102% 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 € 33,558.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 42,290
▲ 6% 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.
€ 12,389
▲ € 11,566 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,436
€ 2,978 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 925
▲ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,276
▲ 35% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 21,866 | € 39,634 | € 47,171 | € 52,039 | ▲ 10% |
| Profit after taxes | € -9,057 | € -2,623 | € 2,304 | € 2,655 | ▲ 15% |
| Equity | € 93,222 | € 90,599 | € 92,903 | € 95,558 | ▲ 3% |
| Total debts | € 111,126 | € 122,100 | € 71,131 | € 69,562 | ▼ 2% |
| Cash | € 6,248 | € 1,528 | € 553 | € 1,117 | ▲ 102% |
| Retained profit | € 31,222 | € 28,599 | € 30,903 | € 33,558 | ▲ 9% |
| Bank debt | € 0 | € 0 | € 0 | € 6,436 | |
| Balance sheet total | € 204,347 | € 212,699 | € 164,034 | € 165,120 | ▲ 1% |
Key figures of FLYWHEELS, 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 FLYWHEELS?
What happened at FLYWHEELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,655 (▲ 15% vs 2024). filed late Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,057 loss in 2022 to € 2,655 profit in 2025.
Best year ever: 2025, with € 2,655 profit.
A new publication or filing at FLYWHEELS? 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
Directors
According to the 2025 annual accounts
Patrick De Cooman
Director
Establishments
Establishment units
Physical locations of this company
Schoendalestraat 148
8793 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0452.642.481
- VAT number
- BE 0452.642.481
- Registered office
- Schoendalestraat 148, 8793 Waregem
- Names & denominations
- FLYWHEELS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 1994
- Peppol
- Active · Active since 24 Aug 2025
- Contact
- flywheels.be
- Activities · NACE
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