Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
FLANDERS FLAX IMMO from Harelbeke, company number BE0884058592, closed financial year 2025 with a result of € 109,908 after tax. For that financial year FLANDERS FLAX IMMO recorded a gross margin of € 267,747 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 118,752 to € 109,908. 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 June 26, 2026.
€ 1.9 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 109,908
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 65,097
▲ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.9 million.
Debts at end 2025
€ 858,091
▼ 12% vs 2024
€ 122,702 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 128
Supplier invoices still open on the last day of the fiscal year.
€ 13,068
▲ € 11,440 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 900,443 | € 267,869 | € 269,694 | - | |
| Gross margin | - | - | - | € 267,747 | |
| Profit after taxes | € 1,261,981 | € 115,914 | € 118,752 | € 109,908 | ▼ 7% |
| Equity | € 3,439,570 | € 1,678,468 | € 1,797,220 | € 1,907,127 | ▲ 6% |
| Total debts | € 2,829,060 | € 1,245,021 | € 981,994 | € 871,287 | ▼ 11% |
| Cash | € 1,008,074 | € 43,806 | € 55,581 | € 65,097 | ▲ 17% |
| Land & buildings | € 2,785,090 | € 2,735,736 | € 2,686,382 | € 2,637,793 | ▼ 2% |
| Retained profit | € 3,414,570 | € 1,674,917 | € 1,793,669 | € 1,903,576 | ▲ 6% |
| Dividend | € 50,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 2,494,815 | € 1,101,658 | € 980,179 | € 858,091 | ▼ 12% |
| Balance sheet total | € 6,569,695 | € 2,923,489 | € 2,779,214 | € 2,778,415 | |
| Employees (FTE) | 1 | 0 | - | - |
Key figures of FLANDERS FLAX IMMO, 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 FLANDERS FLAX IMMO?
What happened at FLANDERS FLAX IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 109,908 (▼ 7% vs 2024). Source: NBB ↗
- Emilie Vanneste became a director. NBB
- Laura Vanneste became a director. NBB
- Alex Vanneste stepped down as director. NBB
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
- Alex Vanneste became a director. NBB
In short
From € 1.3 million profit in 2022 to € 109,908 profit in 2025.
Paid € 225,391 in corporate taxes since 2022.
Best year ever: 2022, with € 1.3 million profit.
Paid out € 50,000 in dividends to the owners in total.
Management
Behind FLANDERS FLAX IMMO are Emilie Vanneste, Sophie Rombouts and Laura Vanneste. Sophie Rombouts is also behind JOS VANNESTE and FLANDERS FLAX HOLDING.
Directors
According to the 2025 annual accounts
Emilie Vanneste
Director
since 2025
Laura Vanneste
Director
since 2025
since 2006 · until 2025
Establishments
Establishment units
Physical locations of this company
Peter Pauwel Rubensstraat 3
8530 Harelbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0884.058.592
- VAT number
- BE 0884.058.592
- Registered office
- Peter Pauwel Rubensstraat 3, 8530 Harelbeke
- Names & denominations
- FLANDERS FLAX IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2006
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Managementactiviteiten van holdings
Activiteiten van holdings
Groothandel in andere consumentenartikelen, neg
Groothandel in weefsels, stoffen en fournituren
Groothandel in overig textiel
Holdings