What does FOAMFLEX EUROPE do?

FOAMFLEX EUROPE is a plastics manufacturer in Menen. Private Limited, started on 26 September 2013, 1 establishment.

What is the address of FOAMFLEX EUROPE?

The registered office of FOAMFLEX EUROPE is located at Industrielaan 101, 8930 Menen.

Is FOAMFLEX EUROPE still active?

Yes. According to the CBE (29 October 2026) FOAMFLEX EUROPE is active, legal situation “Normale toestand”, started on 26 September 2013.

Is FOAMFLEX EUROPE registered on Peppol?

Yes, FOAMFLEX EUROPE is registered on the Peppol network with ID 0208:0538976045.

What is the enterprise number of FOAMFLEX EUROPE?

The enterprise number of FOAMFLEX EUROPE is BE0538976045.

When was FOAMFLEX EUROPE founded?

FOAMFLEX EUROPE was founded on 26 September 2013.

Who are the directors of FOAMFLEX EUROPE?

According to the 2025 annual accounts, the directors of FOAMFLEX EUROPE are: Quality Tools Company BV.

Is FOAMFLEX EUROPE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 September 2013; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did FOAMFLEX EUROPE make in 2025?

FOAMFLEX EUROPE posted a profit after taxes of € 98,822 in financial year 2025.

What is the revenue of FOAMFLEX EUROPE?

As a small company, FOAMFLEX EUROPE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,104,615.

How much does an employee at FOAMFLEX EUROPE earn?

The average wage cost per full-time employee at FOAMFLEX EUROPE was € 53,000 in 2024: staff costs of € 928,288 for 17.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

FOAMFLEX EUROPE (Private Limited) - Menen - BE0538976045

Dossier FOAMFLEX EUROPE, printed on 29 October 2026 from databakkes.be/en/0538976045/foamflex-europe. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

FOAMFLEX EUROPE from Menen, company number BE0538976045, closed financial year 2025 with a result of € 98,822 after tax. For that financial year FOAMFLEX EUROPE recorded a gross margin of € 1.1 million and equity of € 637,964. Compared with financial year 2024, the result moved from € 90,851 to € 98,822. 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 April 29, 2026.

What it is worth Growing

€ 637,964

▲ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 98,822

▲ 9% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 463,895

▲ 30% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 50,000 paid out

51 % of the profit went to the shareholders, mostly to QUALITY TOOLS COMPANY (99 % of the shares). That is where the money ends up.

People and assets in 2025

Wage cost

€ 940,886

▲ 1% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 8,325

▲ € 8,283 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 200,000

▼ 18% vs 2024

€ 42,857 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 415,403

▲ 9% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 126,446

▼ 5% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,088,342 Gross margin 2022: € 1,088,342 First fiscal year in the series	€ 1,224,142 Gross margin 2023: € 1,224,142 ▲ 12% vs 2022 (€ 1,088,342) Favourable step	€ 1,170,015 Gross margin 2024: € 1,170,015 ▼ 4% vs 2023 (€ 1,224,142) Unfavourable step	€ 1,104,615 Gross margin 2025: € 1,104,615 ▼ 6% vs 2024 (€ 1,170,015) Unfavourable step	▼ 6%
Profit after taxes	€ 115,756 Profit after taxes 2022: € 115,756 First fiscal year in the series	€ 76,267 Profit after taxes 2023: € 76,267 ▼ 34% vs 2022 (€ 115,756) Unfavourable step	€ 90,851 Profit after taxes 2024: € 90,851 ▲ 19% vs 2023 (€ 76,267) Favourable step	€ 98,822 Profit after taxes 2025: € 98,822 ▲ 9% vs 2024 (€ 90,851) Favourable step	▲ 9%
Equity	€ 522,023 Equity 2022: € 522,023 First fiscal year in the series	€ 548,291 Equity 2023: € 548,291 ▲ 5% vs 2022 (€ 522,023) Favourable step	€ 589,142 Equity 2024: € 589,142 ▲ 7% vs 2023 (€ 548,291) Favourable step	€ 637,964 Equity 2025: € 637,964 ▲ 8% vs 2024 (€ 589,142) Favourable step	▲ 8%
Total debts	€ 1,260,392 Total debts 2022: € 1,260,392 First fiscal year in the series	€ 1,068,933 Total debts 2023: € 1,068,933 ▼ 15% vs 2022 (€ 1,260,392) Favourable step	€ 840,897 Total debts 2024: € 840,897 ▼ 21% vs 2023 (€ 1,068,933) Favourable step	€ 801,762 Total debts 2025: € 801,762 ▼ 5% vs 2024 (€ 840,897) Favourable step	▼ 5%
Cash	€ 559,476 Cash 2022: € 559,476 First fiscal year in the series	€ 483,895 Cash 2023: € 483,895 ▼ 14% vs 2022 (€ 559,476) Unfavourable step	€ 355,975 Cash 2024: € 355,975 ▼ 26% vs 2023 (€ 483,895) Unfavourable step	€ 463,895 Cash 2025: € 463,895 ▲ 30% vs 2024 (€ 355,975) Favourable step	▲ 30%
Retained profit	€ 222,023 Retained profit 2022: € 222,023 First fiscal year in the series	€ 248,291 Retained profit 2023: € 248,291 ▲ 12% vs 2022 (€ 222,023) Favourable step	€ 289,142 Retained profit 2024: € 289,142 ▲ 16% vs 2023 (€ 248,291) Favourable step	€ 337,964 Retained profit 2025: € 337,964 ▲ 17% vs 2024 (€ 289,142) Favourable step	▲ 17%
Dividend	€ 50,000 Dividend 2022: € 50,000 First fiscal year in the series	€ 50,000 Dividend 2023: € 50,000 Unchanged (€ 50,000) Unchanged	€ 50,000 Dividend 2024: € 50,000 Unchanged (€ 50,000) Unchanged	€ 50,000 Dividend 2025: € 50,000 Unchanged (€ 50,000) Unchanged
Bank debt	€ 325,000 Bank debt 2022: € 325,000 First fiscal year in the series	€ 285,714 Bank debt 2023: € 285,714 ▼ 12% vs 2022 (€ 325,000) Favourable step	€ 242,857 Bank debt 2024: € 242,857 ▼ 15% vs 2023 (€ 285,714) Favourable step	€ 200,000 Bank debt 2025: € 200,000 ▼ 18% vs 2024 (€ 242,857) Favourable step	▼ 18%
Balance sheet total	€ 1,782,416 Balance sheet total 2022: € 1,782,416 First fiscal year in the series	€ 1,617,224 Balance sheet total 2023: € 1,617,224 ▼ 9% vs 2022 (€ 1,782,416) Unchanged	€ 1,430,039 Balance sheet total 2024: € 1,430,039 ▼ 12% vs 2023 (€ 1,617,224) Unchanged	€ 1,439,725 Balance sheet total 2025: € 1,439,725 ▲ 1% vs 2024 (€ 1,430,039) Unchanged	▲ 1%
Employees (FTE)	17.8 Employees (FTE) 2022: 17.8 First fiscal year in the series	17.6 Employees (FTE) 2023: 17.6 ▼ 0.2 vs 2022 (17.8) Unchanged	17.5 Employees (FTE) 2024: 17.5 ▼ 0.1 vs 2023 (17.6) Unchanged	-

Key figures of FOAMFLEX EUROPE, 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 FOAMFLEX EUROPE?

What happened at FOAMFLEX EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 29, 2026 New annual accounts for financial year 2025: profit of € 98,822 (▲ 9% vs 2024). Source: NBB ↗
Oct 1, 2013 New establishment in Menen. KBO
Sep 26, 2013 Start of the company according to the CBE. KBO

In short

From € 115,756 profit in 2022 to € 98,822 profit in 2025.

Paid € 112,205 in corporate taxes since 2022.

Best year ever: 2022, with € 115,756 profit.

On average € 66,900 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

QUALITY TOOLS COMPANY 99%

The stake of QUALITY TOOLS COMPANY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

FOAMFLEX EUROPE

Behind FOAMFLEX EUROPE is Quality Tools Company BV. The shares are held by QUALITY TOOLS COMPANY (99%).

Directors

According to the 2025 annual accounts

Quality Tools Company BV

Director · represented by Patrick Boonefaes

Also active at: PLANOFURN, Bekaert Housing Company

Shareholders

QUALITY TOOLS COMPANY

99%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Industrielaan 101

8930 Menen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0538.976.045
VAT number: BE 0538.976.045
Registered office: Industrielaan 101, 8930 Menen
Names & denominations: FOAMFLEX EUROPE
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 26 September 2013
Peppol: Active · Active since 8 Sept 2025
Activities · NACE: Vervaardiging van andere producten van kunststof

View on CBE Public ↗ Annual accounts (NBB) ↗