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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2021 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
FlyerCo Holding from Bornem, company number BE0835194447, closed financial year 2025 with a result of € -987,568 after tax. For that financial year FlyerCo Holding recorded a gross margin of € -160,870 and equity of € -16.5 million. Compared with financial year 2021, the result moved from € -760,947 to € -987,568. 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 September 11, 2026.
€ -16.5 million
▲ € 8.7 million vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -987,568
▼ 30 % more loss than in 2021
Profit after tax over the fiscal year.
€ 33,917
▼ 99% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -51.1 million.
Debts at end 2025
€ 2.7 million
▼ 91% vs 2021
Loans from banks and other lenders, long and short.
€ 177,228
▼ 96% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 11,993
▼ € 3.6 million vs 2021
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2025 | Change 2021 → 2025 | |
|---|---|---|---|
| Revenue | € 67,126,457 | - | |
| Gross margin | - | € -160,870 | |
| Profit after taxes | € -760,947 | € -987,568 | ▼ € 226,622 |
| Equity | € -25,169,283 | € -16,488,866 | ▲ € 8.7 million |
| Total debts | € 62,731,212 | € 32,137,085 | ▼ 49% |
| Cash | € 4,091,942 | € 33,917 | ▼ 99% |
| Retained profit | € -59,799,150 | € -51,118,734 | ▲ € 8.7 million |
| Bank debt | € 30,000,194 | € 2,738,981 | ▼ 91% |
| Balance sheet total | € 37,561,929 | € 15,648,219 | ▼ 58% |
| Employees (FTE) | 107.6 | - |
Key figures of FlyerCo Holding, fiscal years 2021 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 FlyerCo Holding?
What happened at FlyerCo Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NPM Capital stepped down as director. NBB
- Luma Comm.V stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 987,568. filed late Source: NBB ↗
- NPM Capital became a director. NBB
- Luma Comm.V became a director. NBB
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
In short
From € 760,947 loss in 2021 to € 987,568 loss in 2025.
Paid € 57,391 in corporate taxes since 2021.
A new publication or filing at FlyerCo Holding? 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
It owns 100% of Flyerco IV, 100% of Flyerco II and 100% of Flyerco I itself.
Directors
According to the 2025 annual accounts
Director · represented by Raf Lambrix
Also active at: Flyerco I, DYMAR M.S., TAXI VERBOVEN VRACHT, IMMO VERBOVEN, De Grensverspreider, M & S INVEST, PAPERBOY, FlyerCo II +9 more
since 2022 · until 2028
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Klein-Mechelen(BOR) 18 A
2880 Bornem
Klein-Mechelen(BOR) 18 box A
2880 Bornem
Active since 1 December 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0835.194.447
- VAT number
- BE 0835.194.447
- Registered office
- Klein-Mechelen(BOR) 18 A, 2880 Bornem
- Names & denominations
- FlyerCo Holding
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 2011
- Peppol
- Not registered
- Activities · NACE
Activiteiten van hoofdkantoren