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BELFLAT

Absorbed by WESTVLEES KBO/BCE: BE 0406.833.935 subsidiary of WESTVLEES GROUP NV
BELFLAT
Follow Report

Overview

Lifetime

13 annual accounts with figures on one time axis, 41 filings since 1978
peak €196,227 (2015)
€83,767▼ 49.2%
lowest -€10,779 (2010)
€6,773▼ 63.5%
peak €1.1m (2018)
€1.1m▲ 0.6%
€67,085▲ 2.4%
peak 5.2 FTE (2008)
3 FTEunchanged
Owners3 names in the annual accounts
consolidatesWESTVLEES GROUP
Documentsfilings and deeds
24-01-20197 days before the deadline
2018abbreviated format
Gross margin from €164,890 to €83,767Result from €18,562 to €6,773Deed on capital and restructuring 16-11Cash from €2,355 to €24,494

Key points

from the 2018 annual accounts, the last ones filed

Profit

8 years
20142015201620172018

8 profitable years in a row. Profit 2018: €6,773.

Staff

3 FTE from 5.2 in 2008

Between 2008 and 2018, 42% of the full-time equivalents disappeared.

Filings

41 annual accounts since 1978
deadline1980199020002010

Eight of the last ten came late. The 2009 accounts came latest: 41 days after the end of the period.

No score

Board and ownership

Board & ownership

Recent changes

Deed on capital and restructuring Capital €62,700, annual accounts 2018 · Gazette deed
All 47 events

Official details

Source: KBO
Status
Absorbed by WESTVLEESmerger by absorption, October 2018
Activity
No activity registered in the KBO
Financial year end
30 June
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 30-06-2018

€83,767▼ 49.2%
≈ €230,000estimated
€6,773▼ 63.5%
€1.1m▲ 0.6%
€1.1m▲ 0.7%
3 FTE=
Filing
Filed on 24-01-2019
Financials

Insights on BELFLAT

Absorbed by WESTVLEES in October 2018. The last annual accounts are for financial year 2018.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2018

abbreviated format, filed on 24-01-2019, 7 days before the deadline
€83,767
▼ 49.2%
€5,609
▼ 70.7%
€9,842
▼ 64.7%
€11,006
▼ 59.7%
94.0%
▼ 0.1 percentage points
14.66
▼ 0.15

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €230,000. Estimated: probably between €140,000 and €450,000.

Money flows

no detail for 2018

Balance sheet

balance sheet total €1.1m on 30-06-2018
What the company ownsHow it is paid for

in €m

in euro

Staff

€24,297

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Training hours in 2018: 48.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 1.1m1.1m1.1m1.1m1.0m952,227927,8041.3m1.3m904,793884,313834,462793,467
21/28 143,275147,507167,577176,527183,741192,755199,878208,294216,70214,37714,76915,16015,550
22/27 143,235147,468167,537176,487183,701192,715199,838208,254216,66314,33714,73015,12015,510
22 49,50049,50049,50049,50049,50049,50049,50049,500-----
23 7009201,3601,800---------
24 --11,60412,08913,07814,06713,16613,55613,94714,33714,73015,12015,510
26 93,03597,048105,073113,098121,123129,148137,172145,198202,716----
28 40404040404040403940404040
29/58 983,400970,853946,077890,865840,393759,473727,9261.1m1.1m890,416869,544819,303777,917
3 3,9723,5415,0615,4064,2084,8135,6924,9813,8204,5698,3029,48711,542
30/36 3,9723,5415,0615,4064,2084,8135,6924,9813,8204,5698,3029,48711,542
40/41 952,672962,644892,640875,464820,100732,537706,24556,27247,490867,248855,602774,071743,549
40 21,36944,73110,130100,45459,18716,985233,27153,13946,98281,48053,87975,16839,726
41 931,303917,913882,510775,010760,913715,553472,9743,133508785,769801,723698,903703,822
50/53 -------1.0m1.0m----
54/58 24,4942,35546,2452,3127,75217,1698,6859,2311,0851,9535,6191,77722,806
490/1 2,2612,3132,1317,6838,3324,9547,30417,1005,15816,6462133,96921
Balance sheet: equity and liabilities
10/49 1.1m1.1m1.1m1.1m1.0m952,227927,8041.3m1.3m904,793884,313834,462793,467
10/15 1.1m1.1m1.0m1.0m936,546901,432872,368852,946830,454841,233814,138776,977743,984
10/11 62,70062,70062,70062,70062,70062,70062,70062,70062,70062,70062,70062,70062,700
100 62,70062,70062,70062,70062,70062,70062,70062,70062,70062,70062,70062,70062,700
13 996,889990,116971,554938,415873,846838,732809,668790,246767,754778,533751,438714,277681,284
130 6,2706,2706,2706,2706,2706,2706,2706,2706,2706,2706,2706,2706,270
133 990,619983,846965,284932,145867,576832,462803,398783,976761,484772,263745,168708,007675,014
17/49 67,08565,54479,40066,27787,58750,79555,436444,421445,29063,56070,17557,48549,483
42/48 67,08565,54479,40066,27787,58750,79555,436436,959445,29063,56070,17557,48549,483
44 32,66435,57348,33129,53875,79629,37547,29143,52138,89637,24336,24133,06736,183
440/4 32,66435,57348,33129,53875,79629,37547,29143,52138,89637,24336,24133,06736,183
45 34,23629,78630,88336,55311,60521,2347,95924,55210,20826,13033,74824,23312,796
450/3 13,59010,15012,87517,9974514,4184182,0425,7511,6523,7711,0951,473
454/9 20,64519,63618,00818,55611,15416,8167,54122,5104,45724,47929,97723,13711,323
47/48 186186186186186186186368,886396,186186186186505
492/3 -------7,462-----
Income statement
70 -------407,452372,451348,714313,528235,786-
76A -189-----------
9900 83,767164,890166,032196,227117,284109,21496,269135,396106,711178,943172,783100,724103,055
60/61 -------277,538268,240171,849152,673145,466-
62 72,892134,691119,028112,37878,92071,87574,096114,91590,790165,584172,47197,80592,157
630 4,2338,7588,9509,4149,0148,9198,4158,40931,700393390390390
640/8 1,0332,3022,2872,4822,8683,4271,6621,6211,5649731,104967459
66A -775-50---234----
9901 5,60919,14035,76771,95326,48224,99312,09610,451-17,34311,993-1,1821,56210,048
75/76B 4,5078,9319,5447,6848,7654,1707,56520,0197,66216,62741,35733,96920,212
75 4,5078,9319,5447,6848,7654,1707,56520,0197,66216,62741,35733,96920,212
65/66B 15205123219831032327,979864812252342
65 15128118219831032327,979864812252342
66B -775----------
9903 10,10127,86545,18879,41835,11529,06019,42922,491-10,77927,80940,15035,50830,217
67/77 3,3289,30312,04914,8490-36--7142,9892,515765
9904 6,77318,56233,13964,56935,11429,06419,42322,491-10,77927,09537,16132,99329,452
9905 6,77318,56233,13964,56935,11429,06419,42322,491-10,77927,09537,16132,99329,452
Appropriation of the result
9906 6,77318,56233,13964,56935,11429,06419,42322,491-10,77927,09537,16132,99329,452
791/2 --------10,779----
691/2 6,77318,56233,13964,56935,11429,06419,42322,491-27,09537,16132,99329,452
6921 6,77318,56233,13964,56935,11429,06419,42322,491-27,09537,16132,99329,452
Social balance sheet
9087 332.72.51.81.71.82.82.24.75.243.7
Hours worked1013 2,7215,2004,6104,3013,1182,8912,8634,5473,5956,8427,0784,6905,227
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 28 older financial years (1978-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2018 (PDF), filed on 24-01-2019.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2018 abbreviated format 24-01-2019 2019-02200234 PDF
31-12-2017 abbreviated format 22-08-2018 2018-48500553 PDF
31-12-2016 abbreviated format 09-08-2017 2017-42800465 PDF
31-12-2015 abbreviated format 29-07-2016 2016-38800064 PDF
31-12-2014 abbreviated format 12-08-2015 2015-42000577 PDF
31-12-2013 abbreviated format 19-08-2014 2014-44000265 PDF
31-12-2012 abbreviated format 16-08-2013 2013-43300087 PDF
31-12-2011 abbreviated format 14-08-2012 2012-41300458 PDF
31-12-2010 abbreviated format 29-08-2011 2011-48200125 PDF
31-12-2009 abbreviated format 10-09-2010 2010-54300564 PDF
31-12-2008 abbreviated format 20-08-2009 2009-60100376 PDF
31-12-2007 abbreviated format 23-07-2008 2008-45200291 PDF
31-12-2006 abbreviated format 02-07-2007 2007-34200286 PDF
31-12-2005 abbreviated format 03-08-2006 2006-60502926 PDF
31-12-2004 abbreviated format 28-06-2005 2005-35704652 PDF
31-12-2003 abbreviated format 13-07-2004 2004-45102375 PDF
31-12-2002 abbreviated format 14-07-2003 2003-44204093 PDF
31-12-2001 abbreviated format 18-07-2002 2002-39501749 PDF
31-12-2000 abbreviated format 09-08-2001 2001-49402041 PDF
31-12-1999 abbreviated format 07-07-2000 2000-38804591 PDF
31-12-1998 abbreviated format 16-07-1999 1999-34601767 PDF
31-12-1997 abbreviated format 03-08-1998 1998-38501873 PDF
31-12-1996 abbreviated format 22-07-1997 1997-32301115 PDF
31-12-1995 abbreviated format 24-06-1996 1996-20604568 PDF
31-12-1994 abbreviated format 10-07-1995 1995-38100099 PDF
31-12-1993 abbreviated format 13-07-1994 1994-29501495 PDF
31-12-1992 abbreviated format 06-04-1993 1993-05002252 PDF
31-12-1991 abbreviated format 02-04-1992 1992-03701054 PDF
31-12-1990 abbreviated format 04-04-1991 1991-03501546 PDF
31-12-1989 abbreviated format 03-04-1990 1990-02603451 PDF
31-12-1988 abbreviated format 03-04-1989 1989-02304555 PDF
31-12-1987 abbreviated format 11-04-1988 1988-02303829 PDF
31-12-1986 abbreviated format 29-04-1987 1987-05202517 PDF
31-12-1985 abbreviated format 16-05-1986 1986-07402109 PDF
31-12-1984 full format 07-05-1985 1985-03501142 PDF
31-12-1983 unclassified schema 30-03-1984 1984-01400148 PDF
31-12-1982 unclassified schema 07-04-1983 1983-01402328 PDF
31-12-1981 unclassified schema 26-03-1982 1982-01101721 PDF
31-12-1980 unclassified schema 23-04-1981 1981-01700301 PDF
31-12-1979 unclassified schema 04-03-1980 1980-00700952 PDF
31-12-1978 unclassified schema 19-03-1979 1979-01001590 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2018201720162015201420132012201120102009200820072006
9,84227,89844,71781,36735,49633,91220,51118,86014,35712,385-7911,95210,438
11,00627,32042,08973,98344,12837,98227,83830,90020,92127,48737,55133,38429,843
0-11,311-02,20001,795-11234,026000-
22,139-43,89043,933-5,440-9,4178,484-5468,146-868-3,6663,842-21,029-
916,314905,308866,677824,588752,806708,677672,490652,114613,752826,856799,369761,818728,434
-------2.6%-4.7%3.4%-0.4%0.7%-
94.0%94.1%92.9%93.8%91.4%94.7%94.0%65.7%65.1%93.0%92.1%93.1%93.8%
14.6614.8111.9213.449.5914.9513.132.492.3814.0112.3914.2515.72
14.6014.7611.8513.369.5514.8613.032.482.3713.9412.2714.0915.49
0.060.060.080.070.090.060.060.520.540.080.090.070.07
0.6%1.8%3.2%6.4%3.7%3.2%2.2%2.6%-1.3%3.2%4.6%4.2%4.0%
0.6%1.7%3.0%6.0%3.4%3.1%2.1%1.7%-0.8%3.0%4.2%4.0%3.7%
-------48 days46 days85 days63 days116 days-
-------57 days53 days79 days87 days83 days-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on BELFLAT

The operating result for 2018 is 71% lower than in 2017 and the lowest since 2010. It is the third fall in a row.

Debt's share of the balance-sheet total rises from 5.9% to 6.0%. Equity and debt are higher.

Board & ownership

Control

Consolidating parent
WESTVLEES GROUP NV
Equity €134.4m
Profit €2.9m in 2025 (profit €27.0m in 2024)
Source: parent in own accounts 30-06-2018
consolidates
This company
BELFLAT
Equity €1.1m
Profit €6,773 in 2018

Capital

Capital
€62,700.01
Source
2018 annual accounts

Owners through the years

as the annual accounts name them
WESTVLEES GROUP
consolidates
consolidates
WESTVLEES
98.25%
98.25% until 2017
BELGIAN PORK GROUP
consolidates1.75%
1.75% until 2017
Owners as a list

Source: parent in its own accounts, lists of holdings in the owners' accounts

Office holders in the KBO →

Network & group

Parent

WESTVLEES GROUP NV
0635.995.445 · equity €134.4m · profit €2.9m (2025)

Acquisitions and mergers

1 transaction
Taken over by:WESTVLEES
BE 0442.637.526according to the KBO register since 25-10-2018

Connections & network

Depth

The network starts from the shareholders of BELFLAT. Every company they also own or run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

47 events since 1979
2019
Annual accounts 2018 filed PDFabbreviated format · 7 days before the deadline
2018
Deed on capital and restructuring Capital €62,700, annual accounts 2018
Annual accounts 2017 filed PDFabbreviated format · 22 days late
2017
Annual accounts 2016 filed PDFabbreviated format · 9 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 2 days before the deadline
2015
Highest result from 2006 to 2018 net €64,569 ▲83.9% The operating result of €71,953 and the net result of €64,569 are both a record.
Equity above €1m equity €1.0m ▲6.9% After 5 profitable years in a row, equity reaches €1.0m.
Annual accounts 2014 filed PDFabbreviated format · 12 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 19 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 16 days late
2012
Liquidity more than 5 times current ratio 13.13 The current ratio rises from 2.49 to 13.13. Short-term debt falls from €436,959 to €55,436.
Annual accounts 2011 filed PDFabbreviated format · 14 days late
2011
Back to profit net €22,491 The net result is €22,491, after one loss-making year.
Annual accounts 2010 filed PDFabbreviated format · 29 days late
2010
Weakest financial year net -€10,779 The net result drops to -€10,779, the lowest from 2006 to 2018.
Annual accounts 2009 filed PDFabbreviated format · 41 days late
2009
Annual accounts 2008 filed PDFabbreviated format · 20 days late
2008
Annual accounts 2007 filed PDFabbreviated format · 8 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 29 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1994
Annual accounts 1993 filed PDFabbreviated format
1993
Annual accounts 1992 filed PDFabbreviated format
1992
Annual accounts 1991 filed PDFabbreviated format
1991
Annual accounts 1990 filed PDFabbreviated format
1990
Annual accounts 1989 filed PDFabbreviated format
1989
Annual accounts 1988 filed PDFabbreviated format
1988
Annual accounts 1987 filed PDFabbreviated format
1987
Annual accounts 1986 filed PDFabbreviated format
1986
Annual accounts 1985 filed PDFabbreviated format
1985
Annual accounts 1984 filed PDFfull format
1984
Annual accounts 1983 filed PDFunclassified schema
1983
Annual accounts 1982 filed PDFunclassified schema
1982
Annual accounts 1981 filed PDFunclassified schema
1981
Annual accounts 1980 filed PDFunclassified schema
1980
Annual accounts 1979 filed PDFunclassified schema
1979
Annual accounts 1978 filed PDFunclassified schema

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

BELFLAT has filed 41 sets of annual accounts, the latest for financial year 2018.1 In 2018 the company was absorbed by merger into WESTVLEES.2

  1. 1National Bank, annual accounts 2018
  2. 2KBO register

Company details

Inactive

Absorbed by WESTVLEES in October 2018

BELFLAT is no longer in the KBO register. WESTVLEES took it over in a merger by absorption, published in the Belgian Official Gazette on 25 October 2018.

Status
Inactive
Reason
Merger by absorptionBelgian Official Gazette, 25 October 2018
Absorbed by
WESTVLEES · 0442.637.526
Last annual accounts
financial year to 30 June 2018
Last registered office
Dorpsstraat 62, 8840 Westrozebekeas published on 16 November 2018
Legal form
Public limited company
First annual accounts
financial year 1978
Official KBO record

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