Financials
Financial year 2025
Flamingo Pet Products from Olen, company number BE0667725729, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year Flamingo Pet Products recorded revenue of € 61.3 million and equity of € 21.1 million. Compared with financial year 2024, the result moved from € 1.6 million to € 1.4 million. The company is profitable. 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 June 18, 2026.
€ 21.1 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ 185% 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 € 18.1 million.
People and assets in 2025
170.9
▼ 2.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 12.6 million
▲ 7% vs 2024
€ 73,700 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.
€ 1.8 million
▼ 21% vs 2024
Of which on lease € 1.4 million.
Debts at end 2025
€ 11.6 million
▲ 76% vs 2024
€ 1.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2.9 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 24 days on average.
€ 1.5 million
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 54,498,555 | € 57,440,491 | € 59,801,755 | € 61,310,728 | ▲ 3% |
| Profit after taxes | € 3,496,812 | € 1,796,843 | € 1,626,041 | € 1,387,504 | ▼ 15% |
| Equity | € 19,255,287 | € 21,052,130 | € 19,678,171 | € 21,065,675 | ▲ 7% |
| Total debts | € 17,016,546 | € 21,177,792 | € 20,875,899 | € 24,818,267 | ▲ 19% |
| Cash | € 638,683 | € 992,474 | € 393,744 | € 1,124,132 | ▲ 185% |
| Retained profit | € 16,255,287 | € 18,052,130 | € 16,678,171 | € 18,065,675 | ▲ 8% |
| Dividend | € 0 | € 0 | € 3,000,000 | € 0 | ▼ 100% |
| Bank debt | € 10,414,261 | € 10,867,413 | € 6,608,884 | € 11,628,740 | ▲ 76% |
| Balance sheet total | € 36,456,513 | € 42,229,922 | € 40,554,070 | € 45,883,942 | ▲ 13% |
| Employees (FTE) | 159.8 | 167.6 | 173.5 | 170.9 | ▼ 2.6 |
Key figures of Flamingo Pet Products, 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 Flamingo Pet Products?
What happened at Flamingo Pet Products in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Moyaert & Partners BV stepped down as director. NBB
- Tormaco BV stepped down as director. NBB
- Erwin Van Tendeloo stepped down as director. NBB
- Laroy Global Pet Nutrition and Care stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.4 million (▼ 15% vs 2024). Source: NBB ↗
- Laroy Global Pet Nutrition and Care became a director. NBB
- Tormaco BV became a director. NBB
- Erwin Van Tendeloo became a director. NBB
In short
From € 3.5 million profit in 2022 to € 1.4 million profit in 2025.
Paid € 3.6 million in corporate taxes since 2022.
Best year ever: 2022, with € 3.5 million profit.
Paid out € 3 million in dividends to the owners in total.
Management
The shares are held by Laroy Global Pet Nutrition and Care (66.7%) and Erwin Van Tendeloo (33.3%). It owns 100% of Flamingo (Xi'an) Pet Products Co Ltd, 100% of Mirador sro, 100% of Plenty Gifts bv and 100% of Flamingo Pet Products srl itself.
Directors
According to the 2025 annual accounts
Director · represented by Peter Moyaert
Also active at: VEEVOEDERS A. LAROY, EURO CANDY, LAROY GROUP, VLADIMMO, LAROY GLOBAL PET NUTRITION AND CARE
since 2021 · until 2027
Managing director · represented by Guy Toremans
Also active at: FIETSEN WILDIERS, CYCLE VALLEY
since 2021 · until 2027
Erwin Van Tendeloo
Managing director
Owns 33.3% directly
since 2021 · until 2027
Laroy Global Pet Nutrition and Care
Managing director · represented by Els Laroy
Also active at: LAROY GROUP
since 2024 · until 2027
Shareholders
Erwin Van Tendeloo · director
33.3%
Participations
Flamingo (Xi'an) Pet Products Co Ltd
100%
Mirador sro
100%
Plenty Gifts bv
100%
Flamingo Pet Products srl
100%
Establishments
Establishment units
Physical locations of this company
Lammerdries-Winkelstraat 25
2250 Olen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
UPCLOUD, FI
Website info
Features
Security
Network
Details
- Company number
- 0667.725.729
- VAT number
- BE 0667.725.729
- Registered office
- Lammerdries-Winkelstraat 25, 2250 Olen
- Names & denominations
- Flamingo Pet Products
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 2016
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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