What does FLANDERS DEVELOPMENT GROUP do?

FLANDERS DEVELOPMENT GROUP is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 25 October 2007, 1 establishment.

What is the address of FLANDERS DEVELOPMENT GROUP?

The registered office of FLANDERS DEVELOPMENT GROUP is located at Spinnerijkaai(Kor) 45 box 202, 8500 Kortrijk.

Is FLANDERS DEVELOPMENT GROUP still active?

Yes. According to the CBE (16 September 2026) FLANDERS DEVELOPMENT GROUP is active, legal situation “Normale toestand”, started on 25 October 2007.

Is FLANDERS DEVELOPMENT GROUP registered on Peppol?

Yes, FLANDERS DEVELOPMENT GROUP is registered on the Peppol network with ID 0208:0893134626.

What is the enterprise number of FLANDERS DEVELOPMENT GROUP?

The enterprise number of FLANDERS DEVELOPMENT GROUP is BE0893134626.

When was FLANDERS DEVELOPMENT GROUP founded?

FLANDERS DEVELOPMENT GROUP was founded on 25 October 2007.

Who are the directors of FLANDERS DEVELOPMENT GROUP?

According to the 2025 annual accounts, the directors of FLANDERS DEVELOPMENT GROUP are: Jan Steenhoudt, Afcor NV, Luc Beke, Marc Dubaere, Bernus BV.

Is FLANDERS DEVELOPMENT GROUP a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 October 2007; 4 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did FLANDERS DEVELOPMENT GROUP make in 2025?

FLANDERS DEVELOPMENT GROUP recorded a loss after taxes of € 224,050 in financial year 2025.

What is the revenue of FLANDERS DEVELOPMENT GROUP?

As a small company, FLANDERS DEVELOPMENT GROUP is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 187.

FLANDERS DEVELOPMENT GROUP (Public Limited) - Kortrijk

Dossier FLANDERS DEVELOPMENT GROUP, printed on 16 September 2026 from databakkes.be/en/0893134626/flanders-development-group. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 2 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Busy address KBO

32 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

FLANDERS DEVELOPMENT GROUP from Kortrijk, company number BE0893134626, closed financial year 2025 with a result of € -224,050 after tax. For that financial year FLANDERS DEVELOPMENT GROUP recorded a gross margin of € 187 and equity of € -294,876. Compared with financial year 2024, the result moved from € -294,386 to € -224,050. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.

What it is worth Caution

€ -294,876

▼ € 224,050 vs 2024

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

Loss Caution

€ -224,050

▲ 24 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 31,298

▼ 37% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -356,376.

Debts at end 2025

Bank debt

€ 2.7 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 22,324

▲ 94% vs 2024

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

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -35 Gross margin 2022: € -35 First fiscal year in the series	€ -387 Gross margin 2023: € -387 ▼ € 351 vs 2022 (€ -35) Unfavourable step	€ -24 Gross margin 2024: € -24 ▲ € 362 vs 2023 (€ -387) Favourable step	€ 187 Gross margin 2025: € 187 ▲ € 211 vs 2024 (€ -24) Favourable step	▲ € 211
Profit after taxes	€ -63,126 Profit after taxes 2022: € -63,126 First fiscal year in the series	€ -61,311 Profit after taxes 2023: € -61,311 ▲ € 1,815 vs 2022 (€ -63,126) Favourable step	€ -294,386 Profit after taxes 2024: € -294,386 ▼ € 233,075 vs 2023 (€ -61,311) Unfavourable step	€ -224,050 Profit after taxes 2025: € -224,050 ▲ € 70,336 vs 2024 (€ -294,386) Favourable step	▲ € 70,336
Equity	€ 284,871 Equity 2022: € 284,871 First fiscal year in the series	€ 223,560 Equity 2023: € 223,560 ▼ 22% vs 2022 (€ 284,871) Unfavourable step	€ -70,826 Equity 2024: € -70,826 ▼ € 294,386 vs 2023 (€ 223,560) Unfavourable step	€ -294,876 Equity 2025: € -294,876 ▼ € 224,050 vs 2024 (€ -70,826) Unfavourable step	▼ € 224,050
Total debts	€ 2,685,108 Total debts 2022: € 2,685,108 First fiscal year in the series	€ 4,770,913 Total debts 2023: € 4,770,913 ▲ 78% vs 2022 (€ 2,685,108) Unfavourable step	€ 5,103,899 Total debts 2024: € 5,103,899 ▲ 7% vs 2023 (€ 4,770,913) Unfavourable step	€ 5,330,913 Total debts 2025: € 5,330,913 ▲ 4% vs 2024 (€ 5,103,899) Unfavourable step	▲ 4%
Cash	€ 75,751 Cash 2022: € 75,751 First fiscal year in the series	€ 21,580 Cash 2023: € 21,580 ▼ 72% vs 2022 (€ 75,751) Unfavourable step	€ 50,006 Cash 2024: € 50,006 ▲ 132% vs 2023 (€ 21,580) Favourable step	€ 31,298 Cash 2025: € 31,298 ▼ 37% vs 2024 (€ 50,006) Unfavourable step	▼ 37%
Retained profit	€ 223,371 Retained profit 2022: € 223,371 First fiscal year in the series	€ 162,060 Retained profit 2023: € 162,060 ▼ 27% vs 2022 (€ 223,371) Unfavourable step	€ -132,326 Retained profit 2024: € -132,326 ▼ € 294,386 vs 2023 (€ 162,060) Unfavourable step	€ -356,376 Retained profit 2025: € -356,376 ▼ € 224,050 vs 2024 (€ -132,326) Unfavourable step	▼ € 224,050
Bank debt	€ 2,665,000 Bank debt 2022: € 2,665,000 First fiscal year in the series	€ 2,665,000 Bank debt 2023: € 2,665,000 Unchanged (€ 2,665,000) Unchanged	€ 2,674,562 Bank debt 2024: € 2,674,562 Unchanged (€ 2,665,000) Unfavourable step	€ 2,665,000 Bank debt 2025: € 2,665,000 Unchanged (€ 2,674,562) Favourable step
Balance sheet total	€ 3,076,219 Balance sheet total 2022: € 3,076,219 First fiscal year in the series	€ 4,994,473 Balance sheet total 2023: € 4,994,473 ▲ 62% vs 2022 (€ 3,076,219) Unchanged	€ 5,033,073 Balance sheet total 2024: € 5,033,073 ▲ 1% vs 2023 (€ 4,994,473) Unchanged	€ 5,036,037 Balance sheet total 2025: € 5,036,037 Unchanged (€ 5,033,073) Unchanged

Key figures of FLANDERS DEVELOPMENT GROUP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to FLANDERS DEVELOPMENT GROUP?

What happened at FLANDERS DEVELOPMENT GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 29, 2026 New annual accounts for financial year 2025: loss of € 224,050. Source: NBB ↗
Nov 19, 2007 New establishment in Kortrijk. KBO
Oct 25, 2007 Start of the company according to the CBE. KBO

In short

From € 63,126 loss in 2022 to € 224,050 loss in 2025.

Original PDFs at the National Bank ↗

A new publication or filing at FLANDERS DEVELOPMENT GROUP? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

MANUEL 100%

BECOPROM 20%

CHAMA 20%

Asset Financing Corporation 15%

The stake of MANUEL, BECOPROM, CHAMA, Asset Financing Corporation comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

FLANDERS DEVELOPMENT GROUP

Behind FLANDERS DEVELOPMENT GROUP are Jan Steenhoudt, Afcor NV, Luc Beke, Marc Dubaere and Bernus BV. The shares are held by MANUEL (100%), BECOPROM (20%), CHAMA (20%) and Asset Financing Corporation (15%).

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Directors

According to the 2025 annual accounts

Jan Steenhoudt

Director

Afcor NV

Managing director · represented by Stany WILMS

Also active at: HERITAGE PROMOTIONS, Wibeco, BUILDING PROJECT, GAVER BUILDING

Luc Beke

Managing director

Marc Dubaere

Managing director

Also active at: Cellinvest, DUBAERE, Loppem Racing, CHAMA, NEMADECO, FLANDERS BUILDING SOLUTIONS, LCM-PROJECTS, HERITAGE PROMOTIONS +3 more

Bernus BV

Managing director · represented by Filip BERTON

Also active at: NIFIKA, KORTRIJK BUILDING PROJECTS, DOBER, RODAMA, MANCHESTER II, De Lombaert, GAVER BUILDING, ZIGURAT

Shareholders

MANUEL

100%

BECOPROM

20%

CHAMA

20%

Asset Financing Corporation

15%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Spinnerijkaai(Kor) 45 box 202

8500 Kortrijk

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 32 companies are registered at this address.

All companies at this address →

NIFIKA same network

€ 300,602 gross margin · 2025

AMECA

€ -211 gross margin · 2025

METRACO

€ 77.1 million revenue · 2025

KORTRIJK BUILDING PROJECTS same network

€ 61,132 gross margin · 2025

DOBER same network

€ 26,787 gross margin · 2025

+27 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

0893.134.626

VAT number

BE 0893.134.626

Registered office

Spinnerijkaai(Kor) 45 bus 202, 8500 Kortrijk

Names & denominations

FLANDERS DEVELOPMENT GROUP · FDGROUP

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

25 October 2007

Peppol

Active · Active since 23 Dec 2025

Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Projectontwikkeling voor woningbouw

View on CBE Public ↗ Annual accounts (NBB) ↗