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 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Flaco from Oudenaarde, company number BE0477963243, closed financial year 2025 with a result of € 13,260 after tax. For that financial year Flaco recorded a gross margin of € 21,046 and equity of € -12,303. Compared with financial year 2024, the result moved from € 781 to € 13,260. Profitable, and profit is growing. 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 June 22, 2026.
€ -12,303
▲ € 13,260 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,260
▲ € 12,479 vs 2024
Profit after tax over the fiscal year.
€ 3,069
▼ 42% 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 € -33,388.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,635
▲ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,168
▲ 148% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,451
▼ 52% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,395 | € 10,089 | € 3,948 | € 21,046 | ▲ € 17,098 |
| Profit after taxes | € 3,061 | € 3,981 | € 781 | € 13,260 | ▲ € 12,479 |
| Equity | € -30,325 | € -26,344 | € -25,563 | € -12,303 | ▲ € 13,260 |
| Total debts | € 78,595 | € 62,570 | € 35,038 | € 23,391 | ▼ 33% |
| Cash | € 788 | € 18,087 | € 5,327 | € 3,069 | ▼ 42% |
| Retained profit | € -51,410 | € -47,429 | € -46,648 | € -33,388 | ▲ € 13,260 |
| Balance sheet total | € 48,271 | € 36,226 | € 9,475 | € 11,088 | ▲ 17% |
Key figures of Flaco, 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 Flaco?
What happened at Flaco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,260 (▲ € 12,479 vs 2024). Source: NBB ↗
- Rene Collys became a director. NBB
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,061 profit in 2022 to € 13,260 profit in 2025.
Paid € 4,606 in corporate taxes since 2022.
Best year ever: 2025, with € 13,260 profit.
Management
Behind Flaco is Rene Collys. Rene Collys is also behind COLLYS R. FASHION.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Verdurestraat 2 box 303
9700 Oudenaarde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.963.243
- VAT number
- BE 0477.963.243
- Registered office
- Verdurestraat 2 bus 303, 9700 Oudenaarde
- Names & denominations
- Flaco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 2002
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Groothandel in huishoudtextiel en beddengoed
Groothandel in textiel
Detailhandel in huishoudtextiel en beddengoed
Detailhandel in textiel