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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 17.6 to 15.6.
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Busy address KBO
27 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FLO from Wommelgem, company number BE0478110723, closed financial year 2025 with a result of € -100,749 after tax. For that financial year FLO recorded a gross margin of € 863,292 and equity of € 179,074. Compared with financial year 2024, the result moved from € -46,942 to € -100,749. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 179,074
▼ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -100,749
▼ 115 % more loss than in 2024
Profit after tax over the fiscal year.
€ 52,022
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -319,671.
People and assets in 2025
15.6
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 847,088
▼ 6% vs 2024
€ 54,300 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.
€ 73,641
▲ € 56,255 vs 2024
Of which on lease € 34,064.
Debts at end 2025
€ 32,020
€ 12,107 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 410,912
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 157,673
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,074,793 | - | - | - | |
| Gross margin | - | € 975,774 | € 956,453 | € 863,292 | ▼ 10% |
| Profit after taxes | € -367,909 | € -186,979 | € -46,942 | € -100,749 | ▼ € 53,806 |
| Equity | € -1,586,256 | € 326,765 | € 279,822 | € 179,074 | ▼ 36% |
| Total debts | € 4,283,934 | € 2,121,294 | € 2,275,338 | € 2,463,885 | ▲ 8% |
| Cash | € 72,395 | € 105,234 | € 71,453 | € 52,022 | ▼ 27% |
| Retained profit | € -1,736,256 | € -171,979 | € -218,922 | € -319,671 | ▼ € 100,749 |
| Bank debt | € 0 | € 0 | € 0 | € 32,020 | |
| Balance sheet total | € 2,697,678 | € 2,448,059 | € 2,555,160 | € 2,642,959 | ▲ 3% |
| Employees (FTE) | 18.2 | 17.6 | 16.9 | 15.6 | ▼ 1.3 |
Key figures of FLO, 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 FLO?
What happened at FLO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- E.A.M. VAN OSTA stepped down as director. NBB
- C.M.F. LIEKENS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 100,749. Source: NBB ↗
- E.A.M. VAN OSTA became a director. NBB
- C.M.F. LIEKENS became a director. NBB
- New establishment in Wevelgem. KBO
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
In short
From € 367,909 loss in 2022 to € 100,749 loss in 2025.
On average € 55,300 of value added per employee in 2025.
Management
The shares are held by Hubo België NV (100%).
Directors
According to the 2025 annual accounts
E.A.M. VAN OSTA
Managing director
Also active at: A.I.T. IMPORT, Anciens Etablissements Robert Collette, PADIS, Hubo België, EPSILON, Spabois, SAMBRE - BOIS, Dubomat +51 more
since 2021 · until 2027
C.M.F. LIEKENS
Managing director
Also active at: A.I.T. IMPORT, Anciens Etablissements Robert Collette, PADIS, Hubo België, EPSILON, Spabois, SAMBRE - BOIS, Dubomat +53 more
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koralenhoeve 35
2160 Wommelgem
Tijpel(BOR) 7 A
2880 Bornem
Active since 21 October 2002
Kortrijkstraat 313
8560 Wevelgem
Active since 23 April 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 27 companies are registered at this address.
All companies at this address →Hubo België same network
€ 449.4 million revenue · 2025
Assist4U same network
€ -14,718 gross margin · 2025
S.T.A.R. same network
€ 1.1 million gross margin · 2025
Bricomarkt same network
€ 326,862 gross margin · 2025
JAMAR
€ 65,020 gross margin · 2025
+22 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.110.723
- VAT number
- BE 0478.110.723
- Registered office
- Koralenhoeve 35, 2160 Wommelgem
- Names & denominations
- FLO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 August 2002
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)