About Flanders
Flanders is a public limited company (NV/SA) based in Herzele, founded in 1988. Its main activity is classified as "Groothandel in fietsen". For the 2025 financial year, Flanders reported a profit of €91,011. That makes 12 profitable financial years in a row for Flanders. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €254,011, down 53% on 2024. It employed an average of 2.5 full-time equivalents. Equity stands at €1.1 million, a solvency ratio of 83%. In 2007 it was €334,668. 19 annual accounts are available, covering 2007 to 2025.
- Sectors
- Wholesalers
- Activities
- Signals
-
ProfitableProfitable € 149K
The company reported a positive net result in the latest financial year.
Strong equityStrong equity € 1.14MStrong equity provides a buffer against setbacks.
Low riskLow risk 83.2%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 6.39A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Positive cashflowPositive cashflow € 63KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 121KPositive EBITDA: operating activities are profitable.
Healthy social debtHealthy social debt 12.7%Social debts stay manageable relative to personnel costs.
Financial ratios
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2025
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2024
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2023
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2022
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€
254K
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€
544K
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€
253K
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€
192K
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€
121K
|
€
387K
|
€
105K
|
€
56K
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|
|
€
91K
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€
190K
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€
67K
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€
29K
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|
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€
1.14M
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€
1.05M
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€
856K
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€
789K
|
|
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83.22%
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76.99%
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70.1%
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61.61%
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|
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€
229K
|
€
313K
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€
365K
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€
492K
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|
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€
161K
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€
92K
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€
56K
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€
279K
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|
|
2.50
|
2.80
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3.00
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Publications 28
All publications- Ontslagen - Benoemingen - Algemene Vergadering 12/12/2023
- Ontslagen - Benoemingen 21/04/2022
- Me. - Jaarrekening 31.08.2016, Ggk 14.02.2017, Ngl 01.03.2017 17057-0513-014 09/03/2017
- Me. - Jaarrekening 31.08.2015, Ggk 26.02.2016, Ngl 29.02.2016 16053-0018-014 03/03/2016
- Ontslagen - Benoemingen 08/05/2015
Frequently asked questions
Answers to the most common questions about Flanders, based on official government data and the filed annual accounts.
What is the VAT number of Flanders?
The VAT number of Flanders is BE0433.185.073.
How many employees work at Flanders?
In 2025, Flanders employed 2.50 full-time equivalents (FTE).
When was Flanders established?
Flanders was founded in 10-02-1988.
What is the official address of Flanders?
The official address of Flanders is Daalkouterlaan 1 Herzele 9550.
What is the legal form of Flanders?
The juridical form of Flanders is Public limited company (NV/SA).
What is the annual revenue of Flanders?
The 2025 accounts of Flanders do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Flanders a reliable company?
Flanders is a registered Rechtspersoon with company number 0433.185.073 and can be verified through the official CBE database.
What is the credit limit of Flanders?
The estimated credit limit of Flanders is €173,319.
Is Flanders still active?
Flanders currently has the status "Normal situation" and is active.