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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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Flexcity Belgium from Sint-Gillis (bij-Brussel), company number BE0880270050, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year Flexcity Belgium recorded revenue of € 19.2 million and equity of € 557,947. Compared with financial year 2024, the result moved from € 1.5 million to € 1.5 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 557,947
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million paid out
100 % of the profit went to the shareholders, mostly to Vigie49 (100 % of the shares). That is where the money ends up.
People and assets in 2025
24.4
▲ 3.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.8 million
▼ 5% vs 2024
€ 116,000 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 2025
None
No bank loans on the last day of the fiscal year.
€ 5.8 million
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 141 days on average.
€ 976,699
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 24,843,262 | € 29,444,713 | € 30,581,410 | € 19,166,428 | ▼ 37% |
| Profit after taxes | € 3,162,952 | € 2,689,973 | € 1,515,957 | € 1,546,270 | ▲ 2% |
| Equity | € 366,747 | € 556,720 | € 557,677 | € 557,947 | |
| Total debts | € 16,887,559 | € 19,391,975 | € 14,638,631 | € 9,990,367 | ▼ 32% |
| Cash | € 11,104,287 | € 11,066,645 | € 8,729,921 | - | |
| Retained profit | € 300,947 | € 490,920 | € 491,877 | € 492,147 | |
| Dividend | € 3,000,000 | € 2,500,000 | € 1,515,000 | € 1,546,000 | ▲ 2% |
| Balance sheet total | € 17,254,306 | € 19,948,794 | € 15,196,862 | € 10,549,353 | ▼ 31% |
| Employees (FTE) | 11.3 | 15 | 20.5 | 24.4 | ▲ 3.9 |
Key figures of Flexcity Belgium, 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 Flexcity Belgium?
What happened at Flexcity Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jérome Waterkeyn stepped down as director. NBB
- Franck Arlen stepped down as director. NBB
- Arnout Aertgeerts stepped down as director. NBB
- Thomas Deruytter stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.5 million (▲ 2% vs 2024). Source: NBB ↗
- Jérome Waterkeyn became a director. NBB
- Franck Arlen became a director. NBB
- Arnout Aertgeerts became a director. NBB
In short
From € 3.2 million profit in 2022 to € 1.5 million profit in 2025.
Paid € 3.1 million in corporate taxes since 2022.
Best year ever: 2022, with € 3.2 million profit.
Paid out € 8.6 million in dividends to the owners in total.
Management
The shares are held by Vigie49 (100%). It owns 90% of Flexcity Netherlands B.V itself.
Directors
According to the 2025 annual accounts
Jérome Waterkeyn
Director
Also active at: VEOLIA NV-SA, QUINTIENS, SOCIETE DE GESTION DE LA CITE ADMINISTRATIVE DE L'ETAT A BRUXELLES, COWALEX, ENERGY CLUSTER, GREEN BELGIAN ENVIRONMENTAL SOLUTIONS 2
since 2025 · until 2031
Franck Arlen
Director
Also active at: VEOLIA NV-SA, Relaitron, COWALEX, Sede Benelux, AQUIRIS, ENERGY CLUSTER, FILAO
since 2025 · until 2031
since 2025 · until 2031
Thomas Deruytter
Director
Also active at: SANIVEST, QUINTIENS, HYDRO CLEANING INTERNATIONAL, Slib-en Co - Verwerkings Centrale, ENERGY CLUSTER, E-Wood Energiecentrale, GREEN BELGIAN ENVIRONMENTAL SOLUTIONS 2, UPGRADE BIO-ENERGY +1 more
since 2025 · until 2031
Shareholders
Vigie49
100%
Participations
Flexcity Netherlands B.V
90%
Establishments
Establishment units
Physical locations of this company
Poincarélaan 78-79
1060 Sint-Gillis (bij-Brussel)
Sinter-Goedelevoorplein 5
1000 Brussel
Active since 1 April 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →Veolia Environmental Services Belux
€ 130.1 million revenue · 2025
VEOLIA NV-SA same network
€ 216.2 million revenue · 2025
Veolia Environmental Services BE
€ 260.8 million revenue · 2025
Sarpi EcoServices BE
€ 64.1 million revenue · 2025
COWALEX same network
€ 445,893 revenue · 2025
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0880.270.050
- VAT number
- BE 0880.270.050
- Registered office
- Poincarélaan 78-79, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- Flexcity Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 March 2006
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet
Telecommunicatie n.e.g., teledistributie inbegrepen
Overige gespecialiseerde wetenschappelijke en technische activiteiten
Draadloze telecommunicatie
Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Computerconsultancy-activiteiten
+1