What does Flying Masters IBP do?

Flying Masters IBP is a wholesaler in Tielt-Winge. Private Limited, started on 7 June 2012, 1 establishment.

What is the address of Flying Masters IBP?

The registered office of Flying Masters IBP is located at Molenstraat 9 box A, 3390 Tielt-Winge.

Is Flying Masters IBP still active?

Yes. According to the CBE (2 November 2026) Flying Masters IBP is active, legal situation “Normale toestand”, started on 7 June 2012.

Is Flying Masters IBP registered on Peppol?

Yes, Flying Masters IBP is registered on the Peppol network with ID 0208:0846410617.

What is the enterprise number of Flying Masters IBP?

The enterprise number of Flying Masters IBP is BE0846410617.

When was Flying Masters IBP founded?

Flying Masters IBP was founded on 7 June 2012.

Who are the directors of Flying Masters IBP?

According to the 2025 annual accounts, the directors of Flying Masters IBP are: Lieve De Keyser, Pascal Ariën.

Is Flying Masters IBP a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 June 2012; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Flying Masters IBP make in 2025?

Flying Masters IBP posted a profit after taxes of € 416,613 in financial year 2025.

What is the revenue of Flying Masters IBP?

As a small company, Flying Masters IBP is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 813,065.

How much does an employee at Flying Masters IBP earn?

The average wage cost per full-time employee at Flying Masters IBP was € 47,200 in 2025: staff costs of € 47,211 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Flying Masters IBP have?

According to the 2025 annual accounts, Flying Masters IBP has 1 full-time equivalents (FTE).

Flying Masters IBP (Private Limited) - Tielt-Winge

Dossier Flying Masters IBP, printed on 2 November 2026 from databakkes.be/en/0846410617/flying-masters-ibp. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Flying Masters IBP from Tielt-Winge, company number BE0846410617, closed financial year 2025 with a result of € 416,613 after tax. For that financial year Flying Masters IBP recorded a gross margin of € 813,065 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 921,571 to € 416,613. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Growing

€ 1.5 million

▲ 38% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 416,613

▼ 55% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 65,603

▼ 50% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.5 million.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 47,211

▲ 4% vs 2024

€ 47,200 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.

Vehicles and equipment

€ 28,121

▼ 32% vs 2024

Of which on lease € 18,069.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 492,502

▼ 11% vs 2024

€ 63,962 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 35,659

▼ 69% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 169,486

▲ 74% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 154,652 Gross margin 2022: € 154,652 First fiscal year in the series	€ 26,171 Gross margin 2023: € 26,171 ▼ 83% vs 2022 (€ 154,652) Unfavourable step	€ 1,385,751 Gross margin 2024: € 1,385,751 ▲ € 1.4 million vs 2023 (€ 26,171) Favourable step	€ 813,065 Gross margin 2025: € 813,065 ▼ 41% vs 2024 (€ 1,385,751) Unfavourable step	▼ 41%
Profit after taxes	€ 26,830 Profit after taxes 2022: € 26,830 First fiscal year in the series	€ -82,699 Profit after taxes 2023: € -82,699 ▼ € 109,529 vs 2022 (€ 26,830) Unfavourable step	€ 921,571 Profit after taxes 2024: € 921,571 ▲ € 1 million vs 2023 (€ -82,699) Favourable step	€ 416,613 Profit after taxes 2025: € 416,613 ▼ 55% vs 2024 (€ 921,571) Unfavourable step	▼ 55%
Equity	€ 361,581 Equity 2022: € 361,581 First fiscal year in the series	€ 278,881 Equity 2023: € 278,881 ▼ 23% vs 2022 (€ 361,581) Unfavourable step	€ 1,102,598 Equity 2024: € 1,102,598 ▲ 295% vs 2023 (€ 278,881) Favourable step	€ 1,519,211 Equity 2025: € 1,519,211 ▲ 38% vs 2024 (€ 1,102,598) Favourable step	▲ 38%
Total debts	€ 421,905 Total debts 2022: € 421,905 First fiscal year in the series	€ 355,114 Total debts 2023: € 355,114 ▼ 16% vs 2022 (€ 421,905) Favourable step	€ 768,152 Total debts 2024: € 768,152 ▲ 116% vs 2023 (€ 355,114) Unfavourable step	€ 702,261 Total debts 2025: € 702,261 ▼ 9% vs 2024 (€ 768,152) Favourable step	▼ 9%
Cash	€ 74,973 Cash 2022: € 74,973 First fiscal year in the series	€ 115,074 Cash 2023: € 115,074 ▲ 53% vs 2022 (€ 74,973) Favourable step	€ 132,204 Cash 2024: € 132,204 ▲ 15% vs 2023 (€ 115,074) Favourable step	€ 65,603 Cash 2025: € 65,603 ▼ 50% vs 2024 (€ 132,204) Unfavourable step	▼ 50%
Land & buildings	€ 186,808 Land & buildings 2022: € 186,808 First fiscal year in the series	€ 153,529 Land & buildings 2023: € 153,529 ▼ 18% vs 2022 (€ 186,808) Unchanged	€ 1,008,720 Land & buildings 2024: € 1,008,720 ▲ € 855,191 vs 2023 (€ 153,529) Unchanged	€ 956,243 Land & buildings 2025: € 956,243 ▼ 5% vs 2024 (€ 1,008,720) Unchanged	▼ 5%
Retained profit	€ 341,581 Retained profit 2022: € 341,581 First fiscal year in the series	€ 258,881 Retained profit 2023: € 258,881 ▼ 24% vs 2022 (€ 341,581) Unfavourable step	€ 1,082,598 Retained profit 2024: € 1,082,598 ▲ € 823,716 vs 2023 (€ 258,881) Favourable step	€ 1,499,211 Retained profit 2025: € 1,499,211 ▲ 38% vs 2024 (€ 1,082,598) Favourable step	▲ 38%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 97,855 Dividend 2024: € 97,855 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 97,855) Unchanged	▼ 100%
Bank debt	€ 88,569 Bank debt 2022: € 88,569 First fiscal year in the series	€ 119,562 Bank debt 2023: € 119,562 ▲ 35% vs 2022 (€ 88,569) Unfavourable step	€ 550,988 Bank debt 2024: € 550,988 ▲ € 431,427 vs 2023 (€ 119,562) Unfavourable step	€ 492,502 Bank debt 2025: € 492,502 ▼ 11% vs 2024 (€ 550,988) Favourable step	▼ 11%
Balance sheet total	€ 783,485 Balance sheet total 2022: € 783,485 First fiscal year in the series	€ 633,996 Balance sheet total 2023: € 633,996 ▼ 19% vs 2022 (€ 783,485) Unchanged	€ 1,870,750 Balance sheet total 2024: € 1,870,750 ▲ 195% vs 2023 (€ 633,996) Unchanged	€ 2,221,472 Balance sheet total 2025: € 2,221,472 ▲ 19% vs 2024 (€ 1,870,750) Unchanged	▲ 19%
Employees (FTE)	-	-	1 Employees (FTE) 2024: 1 First fiscal year in the series	1 Employees (FTE) 2025: 1 Unchanged (1) Unchanged

Key figures of Flying Masters IBP, 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 Flying Masters IBP?

What happened at Flying Masters IBP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 416,613 (▼ 55% vs 2024). filed late Source: NBB ↗
Jun 7, 2012 New establishment in Tielt-Winge. KBO
Jun 7, 2012 Start of the company according to the CBE. KBO

In short

From € 26,830 profit in 2022 to € 416,613 profit in 2025.

Paid € 517,951 in corporate taxes since 2022.

Best year ever: 2024, with € 921,571 profit.

On average € 813,100 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Lieve De Keyser Pascal Ariën

Flying Masters IBP

Ariën-De Keyser Consulting BV

Behind Flying Masters IBP are Lieve De Keyser and Pascal Ariën. Pascal Ariën is also behind Ariën-De Keyser Consulting BV.

Directors

According to the 2025 annual accounts

Lieve De Keyser

Director

Pascal Ariën

Director

Also active at: Ariën-De Keyser Consulting BV

Establishments

Establishment units

Physical locations of this company

Registered office

Molenstraat 9 box A

3390 Tielt-Winge

2.209.935.162

Molenstraat 9A

3390 Tielt-Winge

Active since 7 June 2012

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0846.410.617

VAT number

BE 0846.410.617

Registered office

Molenstraat 9 bus A, 3390 Tielt-Winge

Names & denominations

Flying Masters IBP

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

7 June 2012

Peppol

Active · Active since 1 Jan 2025

Contact

[email protected] 0491208210

Activities · NACE

Groothandel in levende dieren, muv levend vee

Activiteiten van overige sportclubs

Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg

Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten

Overige gespecialiseerde wetenschappelijke en technische activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

Flying Masters IBP

Financials

What happened to Flying Masters IBP?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions