Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FLEMISH INVESTMENT VEHICLE from Koksijde, company number BE0841292381, closed financial year 2025 with a result of € -7,902 after tax. For that financial year FLEMISH INVESTMENT VEHICLE recorded a gross margin of € 14,735 and equity of € 720,083. Compared with financial year 2024, the result moved from € -44,945 to € -7,902. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 720,083
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,902
▲ 82 % less loss than in 2024
Profit after tax over the fiscal year.
€ 119
▼ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 560,083.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 2,660
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 34,114
▲ 33% vs 2024
Loans from banks and other lenders, long and short.
€ 10,429
▲ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,331
▼ 88% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 154,495 | € 184,244 | € -22,488 | € 14,735 | ▲ € 37,224 |
| Profit after taxes | € 185,327 | € 220,629 | € -44,945 | € -7,902 | ▲ € 37,042 |
| Equity | € 552,301 | € 772,930 | € 727,985 | € 720,083 | ▼ 1% |
| Total debts | € 832,248 | € 571,559 | € 624,414 | € 628,857 | ▲ 1% |
| Cash | € 284 | - | € 652 | € 119 | ▼ 82% |
| Retained profit | € 392,301 | € 612,930 | € 567,985 | € 560,083 | ▼ 1% |
| Bank debt | € 12,089 | € 16,344 | € 25,616 | € 34,114 | ▲ 33% |
| Balance sheet total | € 1,384,549 | € 1,344,489 | € 1,352,399 | € 1,348,940 |
Key figures of FLEMISH INVESTMENT VEHICLE, 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 FLEMISH INVESTMENT VEHICLE?
What happened at FLEMISH INVESTMENT VEHICLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,902. filed late Source: NBB ↗
- Karina Van Keer became a director. NBB
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
- Kurt Moons became a director. NBB
In short
From € 185,327 profit in 2022 to € 7,902 loss in 2025.
Paid € 99,417 in corporate taxes since 2022.
Best year ever: 2023, with € 220,629 profit.
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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 FLEMISH INVESTMENT VEHICLE are Kurt Moons and Karina Van Keer. It owns 99.8% of Advimo itself.
Directors
According to the 2025 annual accounts
since 2011
since 2020
Establishments
Establishment units
Physical locations of this company
Zeedijk (Odk) 449 box 602
8670 Koksijde
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
- 0841.292.381
- VAT number
- BE 0841.292.381
- Registered office
- Zeedijk (Odk) 449 bus 602, 8670 Koksijde
- Names & denominations
- FLEMISH INVESTMENT VEHICLE · FIV
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 2011
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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