Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FLIPCO from Knokke-Heist, company number BE0454917033, closed financial year 2025 with a result of € 777 after tax. For that financial year FLIPCO recorded a gross margin of € 33,493 and equity of € 81,357. Compared with financial year 2024, the result moved from € 346 to € 777. 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 February 25, 2026.
€ 81,357
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 777
▲ 124% vs 2024
Profit after tax over the fiscal year.
€ 1,585
▼ 20% 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 € 19,857.
Debts at end 2025
€ 140,723
▼ 14% vs 2024
€ 12,592 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 528
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 13,156 | € 21,282 | € 32,719 | € 33,493 | ▲ 2% |
| Profit after taxes | € 672 | € 560 | € 346 | € 777 | ▲ 124% |
| Equity | € 79,674 | € 80,234 | € 80,580 | € 81,357 | ▲ 1% |
| Total debts | € 118,007 | € 182,840 | € 165,820 | € 144,164 | ▼ 13% |
| Cash | € 29,236 | € 4,056 | € 1,975 | € 1,585 | ▼ 20% |
| Land & buildings | € 159,978 | € 257,635 | € 240,213 | € 221,375 | ▼ 8% |
| Retained profit | € 18,174 | € 18,734 | € 19,080 | € 19,857 | ▲ 4% |
| Bank debt | € 90,301 | € 172,469 | € 163,035 | € 140,723 | ▼ 14% |
| Balance sheet total | € 197,681 | € 263,074 | € 246,400 | € 225,521 | ▼ 8% |
Key figures of FLIPCO, 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 April 2027.
What happened to FLIPCO?
What happened at FLIPCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Johan Segers stepped down as director. NBB
- Sofie Mertens stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 777 (▲ 124% vs 2024). Source: NBB ↗
- Johan Segers became a director. NBB
- Sofie Mertens became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 672 profit in 2022 to € 777 profit in 2025.
Paid € 1,385 in corporate taxes since 2022.
Best year ever: 2025, with € 777 profit.
Management
Directors
According to the 2025 annual accounts
Johan Segers
Managing director
since 2023 · until 2029
Sofie Mertens
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Meerminlaan 5
8300 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0454.917.033
- VAT number
- BE 0454.917.033
- Registered office
- Meerminlaan 5, 8300 Knokke-Heist
- Names & denominations
- FLIPCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 1995
- Peppol
- Active · Active since 6 Mar 2024