What does FLG GROUP do?

FLG GROUP is an electrical contractor in Vilvoorde. Private Limited, started on 4 April 2018, 1 establishment.

What is the address of FLG GROUP?

The registered office of FLG GROUP is located at Luchthavenlaan 25 box A, 1800 Vilvoorde.

Is FLG GROUP still active?

Yes. According to the CBE (29 October 2026) FLG GROUP is active, legal situation “Normale toestand”, started on 4 April 2018.

Is FLG GROUP registered on Peppol?

Yes, FLG GROUP is registered on the Peppol network with ID 0208:0693925330.

What is the enterprise number of FLG GROUP?

The enterprise number of FLG GROUP is BE0693925330.

When was FLG GROUP founded?

FLG GROUP was founded on 4 April 2018.

Who are the directors of FLG GROUP?

According to the 2025 annual accounts, the directors of FLG GROUP are: Fatih Gozen.

Is FLG GROUP a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 April 2018; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did FLG GROUP make in 2025?

FLG GROUP recorded a loss after taxes of € 136,805 in financial year 2025.

What is the revenue of FLG GROUP?

As a small company, FLG GROUP is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 51,178.

Does FLG GROUP have a website?

Yes, FLG GROUP has a website at smartenergie.be.

FLG GROUP (Private Limited) - Vilvoorde - BE0693925330

Dossier FLG GROUP, printed on 29 October 2026 from databakkes.be/en/0693925330/flg-group. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 2 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

FLG GROUP from Vilvoorde, company number BE0693925330, closed financial year 2025 with a result of € -136,805 after tax. For that financial year FLG GROUP recorded a gross margin of € 51,178 and equity of € -258,339. Compared with financial year 2024, the result moved from € -182,931 to € -136,805. The company made a loss. 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 October 19, 2026.

What it is worth Caution

€ -258,339

▼ € 136,805 vs 2024

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

Loss Caution

€ -136,805

▲ 25 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 5,021

▼ 45% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -264,839.

People and assets in 2025

Wage cost

€ 119,369

▼ 24% 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

€ 2,885

▼ 31% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 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.

€ 703,169

▼ 11% vs 2024

€ 175,660 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 213,318

▼ 15% vs 2024

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

Taxes and wages

€ 32,794

▼ 76% 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	€ 235,299 Gross margin 2022: € 235,299 First fiscal year in the series	€ 308,461 Gross margin 2023: € 308,461 ▲ 31% vs 2022 (€ 235,299) Favourable step	€ 39,722 Gross margin 2024: € 39,722 ▼ 87% vs 2023 (€ 308,461) Unfavourable step	€ 51,178 Gross margin 2025: € 51,178 ▲ 29% vs 2024 (€ 39,722) Favourable step	▲ 29%
Profit after taxes	€ 19,208 Profit after taxes 2022: € 19,208 First fiscal year in the series	€ 19,855 Profit after taxes 2023: € 19,855 ▲ 3% vs 2022 (€ 19,208) Favourable step	€ -182,931 Profit after taxes 2024: € -182,931 ▼ € 202,786 vs 2023 (€ 19,855) Unfavourable step	€ -136,805 Profit after taxes 2025: € -136,805 ▲ € 46,127 vs 2024 (€ -182,931) Favourable step	▲ € 46,127
Equity	€ 41,541 Equity 2022: € 41,541 First fiscal year in the series	€ 61,397 Equity 2023: € 61,397 ▲ 48% vs 2022 (€ 41,541) Favourable step	€ -121,535 Equity 2024: € -121,535 ▼ € 182,931 vs 2023 (€ 61,397) Unfavourable step	€ -258,339 Equity 2025: € -258,339 ▼ € 136,805 vs 2024 (€ -121,535) Unfavourable step	▼ € 136,805
Total debts	€ 531,762 Total debts 2022: € 531,762 First fiscal year in the series	€ 1,235,382 Total debts 2023: € 1,235,382 ▲ 132% vs 2022 (€ 531,762) Unfavourable step	€ 1,202,963 Total debts 2024: € 1,202,963 ▼ 3% vs 2023 (€ 1,235,382) Favourable step	€ 1,144,613 Total debts 2025: € 1,144,613 ▼ 5% vs 2024 (€ 1,202,963) Favourable step	▼ 5%
Cash	€ 16,231 Cash 2022: € 16,231 First fiscal year in the series	€ 8,176 Cash 2023: € 8,176 ▼ 50% vs 2022 (€ 16,231) Unfavourable step	€ 9,147 Cash 2024: € 9,147 ▲ 12% vs 2023 (€ 8,176) Favourable step	€ 5,021 Cash 2025: € 5,021 ▼ 45% vs 2024 (€ 9,147) Unfavourable step	▼ 45%
Land & buildings	€ 339,930 Land & buildings 2022: € 339,930 First fiscal year in the series	€ 352,266 Land & buildings 2023: € 352,266 ▲ 4% vs 2022 (€ 339,930) Unchanged	€ 344,548 Land & buildings 2024: € 344,548 ▼ 2% vs 2023 (€ 352,266) Unchanged	€ 337,951 Land & buildings 2025: € 337,951 ▼ 2% vs 2024 (€ 344,548) Unchanged	▼ 2%
Retained profit	€ 35,041 Retained profit 2022: € 35,041 First fiscal year in the series	€ 54,897 Retained profit 2023: € 54,897 ▲ 57% vs 2022 (€ 35,041) Favourable step	€ -128,035 Retained profit 2024: € -128,035 ▼ € 182,931 vs 2023 (€ 54,897) Unfavourable step	€ -264,839 Retained profit 2025: € -264,839 ▼ € 136,805 vs 2024 (€ -128,035) Unfavourable step	▼ € 136,805
Bank debt	€ 268,832 Bank debt 2022: € 268,832 First fiscal year in the series	€ 870,155 Bank debt 2023: € 870,155 ▲ 224% vs 2022 (€ 268,832) Unfavourable step	€ 786,702 Bank debt 2024: € 786,702 ▼ 10% vs 2023 (€ 870,155) Favourable step	€ 703,169 Bank debt 2025: € 703,169 ▼ 11% vs 2024 (€ 786,702) Favourable step	▼ 11%
Balance sheet total	€ 573,304 Balance sheet total 2022: € 573,304 First fiscal year in the series	€ 1,296,778 Balance sheet total 2023: € 1,296,778 ▲ 126% vs 2022 (€ 573,304) Unchanged	€ 1,081,428 Balance sheet total 2024: € 1,081,428 ▼ 17% vs 2023 (€ 1,296,778) Unchanged	€ 886,274 Balance sheet total 2025: € 886,274 ▼ 18% vs 2024 (€ 1,081,428) Unchanged	▼ 18%

Key figures of FLG GROUP, 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 FLG GROUP?

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

Oct 19, 2026 New annual accounts for financial year 2025: loss of € 136,805. filed late Source: NBB ↗
2024 Fatih Gozen became a director. NBB
Apr 9, 2018 New establishment in Vilvoorde. KBO
Apr 4, 2018 Start of the company according to the CBE. KBO

In short

From € 19,208 profit in 2022 to € 136,805 loss in 2025.

Paid € 37,473 in corporate taxes since 2022.

Best year ever: 2023, with € 19,855 profit.

Original PDFs at the National Bank ↗

Management

Fatih Gozen

FLG GROUP

Belgateq 100%

Behind FLG GROUP is Fatih Gozen. It owns 100% of Belgateq itself.

Directors

According to the 2025 annual accounts

Fatih Gozen

Director

since 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Luchthavenlaan 25 box A

1800 Vilvoorde

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

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€ 2.6 million gross margin · 2024

Progenda

€ 1.4 million revenue · 2025

HAPPENINGIT

€ 85,681 gross margin · 2025

BELGATEQ

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€ 7.3 million revenue · 2025

+1 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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Company number

0693.925.330

VAT number

BE 0693.925.330

Registered office

Luchthavenlaan 25 bus A, 1800 Vilvoorde

Names & denominations

FLG GROUP

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

4 April 2018

Peppol

Active · Active since 20 Sept 2023

Contact

smartenergie.be

Activities · NACE

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View on CBE Public ↗ Annual accounts (NBB) ↗

FLG GROUP

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Financials

What happened to FLG GROUP?

Management

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Establishments

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Who else lives here?

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