Financials
Financial year 2026
FLAMAND PROJECTS from Lendelede, company number BE0842856259, closed financial year 2026 with a result of € 293,955 after tax. For that financial year FLAMAND PROJECTS recorded a gross margin of € 1.6 million and equity of € 335,378. Compared with financial year 2025, the result moved from € -150,097 to € 293,955. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 15, 2026.
€ 335,378
▲ € 292,289 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 293,955
▲ still € 150,097 loss in 2025
Profit after tax over the fiscal year.
€ 306,065
▲ 174% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 1,666 paid out
1 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
14.4
▲ 3.7 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 914,192
▲ 46% vs 2025
€ 63,500 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.
€ 141,508
▼ 18% vs 2025
Of which on lease € 44,079.
Debts at end 2026
€ 840,557
▼ 22% vs 2025
€ 109,341 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 696,070
▲ 6% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 105,492
▲ 72% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 381,575 | € 591,382 | € 622,655 | € 1,555,866 | ▲ 150% |
| Profit after taxes | € 83,886 | € 62,037 | € -150,097 | € 293,955 | ▲ € 444,052 |
| Equity | € 132,814 | € 193,186 | € 43,089 | € 335,378 | ▲ € 292,289 |
| Total debts | € 2,054,295 | € 1,772,154 | € 2,070,706 | € 1,700,413 | ▼ 18% |
| Cash | € 223,330 | € 128,303 | € 111,631 | € 306,065 | ▲ 174% |
| Land & buildings | € 342,380 | € 328,768 | € 315,156 | € 301,544 | ▼ 4% |
| Retained profit | € 131,814 | € 192,186 | € 42,089 | € 334,378 | ▲ € 292,289 |
| Dividend | € 1,600 | € 1,666 | € 0 | € 1,666 | |
| Bank debt | € 902,203 | € 870,312 | € 1,072,220 | € 840,557 | ▼ 22% |
| Balance sheet total | € 2,187,109 | € 1,965,340 | € 2,113,795 | € 2,035,791 | ▼ 4% |
| Employees (FTE) | 4.4 | 4.7 | 10.7 | 14.4 | ▲ 3.7 |
Key figures of FLAMAND PROJECTS, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to FLAMAND PROJECTS?
What happened at FLAMAND PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 293,955. Source: NBB ↗
- ULRIKE GRYMONPREZ became a director. NBB
- New establishment in Lendelede. KBO
- KENNETH FLAMAND became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 83,886 profit in 2023 to € 293,955 profit in 2026.
Paid € 131,898 in corporate taxes since 2023.
Best year ever: 2026, with € 293,955 profit.
On average € 108,000 of value added per employee in 2026.
Management
Behind FLAMAND PROJECTS are KENNETH FLAMAND and ULRIKE GRYMONPREZ.
Directors
According to the 2026 annual accounts
KENNETH FLAMAND
Director
since 2012
ULRIKE GRYMONPREZ
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Burgemeester G. Dussartlaan 32C
8860 Lendelede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0842.856.259
- VAT number
- BE 0842.856.259
- Registered office
- Burgemeester G. Dussartlaan 32C, 8860 Lendelede
- Names & denominations
- FLAMAND PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 January 2012
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Stukadoorswerk
Schrijnwerk