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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FLAUGES from Brussel, company number BE0453382552, closed financial year 2025 with a result of € -48,698 after tax. For that financial year FLAUGES recorded a gross margin of € 30,304 and equity of € -23,167. Compared with financial year 2024, the result moved from € -43,195 to € -48,698. 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 December 2, 2025.
€ -23,167
▼ € 48,698 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -48,698
▼ 13 % more loss than in 2024
Profit after tax over the fiscal year.
€ 43
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 1,315
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,334
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 30,897 | € 21,377 | € 28,774 | € 30,304 | ▲ 5% |
| Profit after taxes | € -29,762 | € -46,456 | € -43,195 | € -48,698 | ▼ € 5,504 |
| Equity | € 115,183 | € 68,726 | € 25,532 | € -23,167 | ▼ € 48,698 |
| Total debts | € 509,835 | € 532,606 | € 602,926 | € 631,974 | ▲ 5% |
| Cash | € 2,561 | € 479 | € 1,794 | € 43 | ▼ 98% |
| Land & buildings | € 477,211 | € 436,853 | € 425,844 | € 390,194 | ▼ 8% |
| Retained profit | € -1,012,733 | € -1,059,189 | € -1,102,384 | € -1,151,082 | ▼ € 48,698 |
| Balance sheet total | € 625,018 | € 601,332 | € 628,458 | € 608,807 | ▼ 3% |
Key figures of FLAUGES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to FLAUGES?
What happened at FLAUGES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 48,698. Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,762 loss in 2022 to € 48,698 loss 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 EURABEL INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FLAUGESBehind FLAUGES are EURABEL INVEST SA, Christine Rigo and Roland Cuvelier. The shares are held by EURABEL INVEST (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Spaarbekkenstraat 11
1130 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.382.552
- VAT number
- BE 0453.382.552
- Registered office
- Spaarbekkenstraat 11, 1130 Brussel
- Names & denominations
- FLAUGES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 September 1994
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen