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 1 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
FLG GROUP from Vilvoorde, company number BE0693925330, closed financial year 2024 with a result of € -182,931 after tax. For that financial year FLG GROUP recorded a gross margin of € 39,722 and equity of € -121,535. Compared with financial year 2023, the result moved from € 19,855 to € -182,931. 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 10, 2025.
€ -121,535
▼ € 182,931 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -182,931
▼ still € 19,855 profit in 2023
Profit after tax over the fiscal year.
€ 9,147
▲ 12% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -128,035.
People and assets in 2024
€ 156,672
▼ 28% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,164
▲ 20% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 786,702
▼ 10% vs 2023
€ 130,601 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 250,786
▲ 25% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 137,087
▼ 8% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 45,799 | € 235,299 | € 308,461 | € 39,722 | ▼ 87% |
| Profit after taxes | € -1 | € 19,208 | € 19,855 | € -182,931 | ▼ € 202,786 |
| Equity | € 22,333 | € 41,541 | € 61,397 | € -121,535 | ▼ € 182,931 |
| Total debts | € 156,337 | € 531,762 | € 1,235,382 | € 1,202,963 | ▼ 3% |
| Cash | € 17,206 | € 16,231 | € 8,176 | € 9,147 | ▲ 12% |
| Land & buildings | - | € 339,930 | € 352,266 | € 344,548 | ▼ 2% |
| Retained profit | € 15,833 | € 35,041 | € 54,897 | € -128,035 | ▼ € 182,931 |
| Bank debt | € 0 | € 268,832 | € 870,155 | € 786,702 | ▼ 10% |
| Balance sheet total | € 178,671 | € 573,304 | € 1,296,778 | € 1,081,428 | ▼ 17% |
Key figures of FLG GROUP, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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:
- New annual accounts for financial year 2024: loss of € 182,931 (▼ € 202,786 vs 2023). filed late Source: NBB ↗
- Fatih Gozen became a director. NBB
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 1 loss in 2021 to € 182,931 loss in 2024.
Paid € 39,991 in corporate taxes since 2021.
Best year ever: 2023, with € 19,855 profit.
A new publication or filing at FLG GROUP? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind FLG GROUP is Fatih Gozen. It owns 100% of Turan Business Center itself.
Directors
According to the 2024 annual accounts
Fatih Gozen
Director
since 2024
Establishments
Establishment units
Physical locations of this company
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 →Fleet Logistics International
€ 2.6 million gross margin · 2024
Progenda
€ 1.4 million revenue · 2025
HAPPENINGIT
€ 85,681 gross margin · 2025
BELGATEQ
MEGABYTE APPLICATIONS
€ 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
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- 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
Algemene elektrotechnische installatiewerken
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Overige gespecialiseerde wetenschappelijke en technische activiteiten
Overige werkzaamheden in verband met de afwerking van gebouwen
Activiteiten van bouwarchitecten
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Adviesbureaus op het gebied van public relations en communicatie
+1