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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Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2023; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2021.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
Flemac from Heist-op-den-Berg, company number BE0829684154, closed financial year 2023 with a result of € -202,698 after tax. For that financial year Flemac recorded a gross margin of € 146,486 and equity of € 41,116. Compared with financial year 2022, the result moved from € 3,048 to € -202,698. The company made a loss. The buffer shrank hard: equity is 83 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2024.
€ 41,116
▼ 83% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -202,698
▼ still € 3,048 profit in 2022
Profit after tax over the fiscal year.
€ 152
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -117,484.
People and assets in 2023
3
Average over the fiscal year, from the social balance sheet.
€ 258,732
▲ 48% vs 2022
€ 86,200 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.
Debts at end 2023
€ 478,106
▼ 17% vs 2022
€ 88,921 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 495,773
▲ 28% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 184,364
▲ 18% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 199,648 | € 225,113 | € 146,486 | ▼ 35% |
| Profit after taxes | € 21,060 | € 3,048 | € -202,698 | ▼ € 205,745 |
| Equity | € 240,766 | € 243,813 | € 41,116 | ▼ 83% |
| Total debts | € 1,137,246 | € 1,165,262 | € 1,340,461 | ▲ 15% |
| Cash | € 89,197 | - | € 152 | |
| Retained profit | € 82,166 | € 85,213 | € -117,484 | ▼ € 202,698 |
| Bank debt | € 639,259 | € 575,882 | € 478,106 | ▼ 17% |
| Balance sheet total | € 1,378,011 | € 1,409,076 | € 1,381,576 | ▼ 2% |
| Employees (FTE) | 3 | 3 | 3 |
Key figures of Flemac, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Flemac?
What happened at Flemac in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Flemac is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 202,698 (▼ € 205,745 vs 2022). Source: NBB ↗
- New establishment in Heist-op-den-Berg. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,060 profit in 2021 to € 202,698 loss in 2023.
Paid € 12,384 in corporate taxes since 2021.
Best year ever: 2021, with € 21,060 profit.
On average € 48,800 of value added per employee in 2023.
Management
The stake of SDB Consulting, HELIS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FlemacBehind Flemac are Stijn Helsen and Stephan De backer. The shares are held by SDB Consulting (50%) and HELIS (50%).
Directors
According to the 2023 annual accounts
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Knotwilgenweg 7
2220 Heist-op-den-Berg
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0829.684.154
- VAT number
- BE 0829.684.154
- Registered office
- Knotwilgenweg 7, 2220 Heist-op-den-Berg
- Names & denominations
- Flemac
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 24 September 2010
- Peppol
- Not registered
- Activities · NACE
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