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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Busy address KBO
50 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FLOWSPARKS from Gent, company number BE0460563918, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year FLOWSPARKS recorded revenue of € 6.9 million and equity of € 5.5 million. Compared with financial year 2024, the result moved from € 1.2 million to € 1.4 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 5.5 million
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ 20% vs 2024
Profit after tax over the fiscal year.
€ 1.6 million
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
41.3
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▲ 1% vs 2024
€ 78,100 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.
€ 100
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 600,000
▼ 9% vs 2024
€ 325,000 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 394,306
▲ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 56 days on average.
€ 1.3 million
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,282,026 | € 6,177,910 | € 6,478,751 | € 6,932,479 | ▲ 7% |
| Profit after taxes | € 1,168,598 | € 2,857,218 | € 1,196,583 | € 1,438,116 | ▲ 20% |
| Equity | € 5,743,512 | € 6,445,677 | € 6,241,475 | € 5,524,539 | ▼ 11% |
| Total debts | € 2,070,062 | € 3,706,082 | € 3,514,762 | € 4,409,486 | ▲ 25% |
| Cash | € 1,123,092 | € 1,007,744 | € 1,415,943 | € 1,638,774 | ▲ 16% |
| Retained profit | € 4,235,867 | € 4,938,032 | € 4,733,830 | € 4,016,894 | ▼ 15% |
| Dividend | € 0 | € 2,155,053 | € 1,400,784 | € 2,155,053 | ▲ 54% |
| Bank debt | € 380,000 | € 140,000 | € 658,482 | € 600,000 | ▼ 9% |
| Balance sheet total | € 7,813,574 | € 10,151,759 | € 9,756,238 | € 9,954,626 | ▲ 2% |
| Employees (FTE) | 31.8 | 34.4 | 39.9 | 41.3 | ▲ 1.4 |
Key figures of FLOWSPARKS, 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 FLOWSPARKS?
What happened at FLOWSPARKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Debofin NV stepped down as director. NBB
- Paul DE SCHRIJVER stepped down as director. NBB
- Guy Herregodts stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.4 million (▲ 20% vs 2024). Source: NBB ↗
- LBO Asset Management GmbH stepped down as director. NBB
- CEDHER BV stepped down as director. NBB
- Debofin NV became a director. NBB
- Paul DE SCHRIJVER became a director. NBB
In short
From € 1.2 million profit in 2022 to € 1.4 million profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2023, with € 2.9 million profit.
Paid out € 5.7 million in dividends to the owners in total.
A new publication or filing at FLOWSPARKS? 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
The stake of DEBOFIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FLOWSPARKSThe shares are held by DEBOFIN (10.1%). It owns 100% of FSR Beheer BV itself.
Directors
According to the 2025 annual accounts
LBO Asset Management GmbH
Director · represented by Johannes Köpple
since 2024 · until 2026
Director · represented by Rosalie Declercq Laloba Investing BV
since 2025 · until 2028
Managing director · represented by Cédric Herregodts
since 2023 · until 2026
since 2025 · until 2027
since 2025 · until 2028
Shareholders
10.1%
Participations
FSR Beheer BV
100%
Establishments
Establishment units
Physical locations of this company
Ottergemsesteenweg-Zuid 808 box B545
9000 Gent
Ottergemsesteenweg-Zuid 808 box B 545
9000 Gent
Active since 2 April 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 50 companies are registered at this address.
All companies at this address →Schaeffler Belgium
€ 21.9 million revenue · 2025
KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling
€ 37.5 million revenue · 2025
Bontinck Architecture and Interior NV
€ 2.5 million revenue · 2026
Sales Management Association Belgium
KAAG Management
€ 136,551 gross margin · 2025
+45 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
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Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
TRANSIP-AS Amsterdam, the Netherlands, NL
DNS
Cloudflare DNS
Domain
Domain
flowsparks.com
Registered
2014-09-11
Registrar
Key-Systems GmbH
Expires
2026-09-11
Website info
Features
Security
Details
- Company number
- 0460.563.918
- VAT number
- BE 0460.563.918
- Registered office
- Ottergemsesteenweg-Zuid 808 bus B545, 9000 Gent
- Names & denominations
- FLOWSPARKS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 April 1997
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- flowsparks.com
- Activities · NACE
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