FLAG
InactiveOverview
Overview
Official details
Source: KBO- Status
- Inactive Normal situation
- Legal form
- Private limited company
- Activity
- “Alle activiteiten als agent van mannequins of modellen,minder en/of meerderjarig,acteurs of toneelspelers,sporters,beroemdheden,kappers,grimeurs,fotografen,regisseurs en stylistes” (deed in Dutch)From the articles, 4 activitiesNo NACE code in the KBO yet
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2022
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Board and ownership
Board
- Dendraen,Fabrice Pierre Jean-ClaudeDirector · since 06-02-2014
Financial position
No score
Annual accounts 2025
- Gross margin
- -€2,674
- ▼ 18.5%
- Loss
- €3,104
- Equity
- -€132,414
- ▼ 2.4%
- Total assets
- €1,386
- ▼ 71.9%
Turnover not published (micro format)
Filed on 30-04-2026
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-04-2026 PDF all 20 filings
Equity
-€132,414▼ 2.4%
2024 · -€129,310
Total assets
€1,386▼ 71.9%
2024 · €4,933
Net result
-€3,104
2024 · €120
Working capital
-€132,414▼ 2.4%
2024 · -€129,310
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €2,888, after a profit of €222 in 2024.
Operating result-€2,888
2025
Net result-€3,104
2025
Total assets€1,386
2025
Equity-€132,414
2025
Debt€133,800
2025
Working capital-€132,414
2025
Staff (FTE)0.5
2022
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€17,632-€2,906-€28,716€8,735-€20,314-€1,938▲ 90.5%€222-€2,888
Net result-€17,748-€3,107-€28,944€8,693-€20,236-€2,030▲ 90.0%€120-€3,104
Equity-€90,021--€86,914▲ 3.5%-€115,858▼ 33.3%-€107,165▲ 7.5%-€127,401▼ 18.9%-€129,430▼ 1.6%-€129,310▲ 0.1%-€132,414▼ 2.4%
Total assets€60,013-€31,183▼ 48.0%€10,208▼ 67.3%€16,176▲ 58.5%€19,275▲ 19.2%€10,180▼ 47.2%€4,933▼ 51.5%€1,386▼ 71.9%
Debt€150,033-€118,097▼ 21.3%€126,066▲ 6.7%€123,341▼ 2.2%€146,676▲ 18.9%€139,610▼ 4.8%€134,243▼ 3.8%€133,800▼ 0.3%
Working capital-€62,409--€84,042▼ 34.7%-€115,419▼ 37.3%-€106,580▲ 7.7%-€127,726▼ 19.8%-€129,430▼ 1.3%-€129,310▲ 0.1%-€132,414▼ 2.4%
Staff (FTE)1.6-1▼ 37.5%1=1=0.5▼ 50.0%
Turnover and EBIT margin are not published. The micro format does not require them.
Key figures and ratios
Debt ≤ 1 year
€133,800▼
2024 · €134,243
Staff costs
€0▲
2024 · -€3,457
The ratios are withheld because a balance sheet total of €1,386 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 1 | - |
| full-time | 1 | - |
| part-time | 0 | - |
| in full-time equivalents | 1 | - |
| Average over the year, in full-time equivalents | 1 | 0.5 |
| On a permanent contract | 1 | - |
| Joined | - | 0 |
| Left | - | 1 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €3,606 | €12,711 | €0 | -€3,457 | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,044 | €626 | €626 | €626 | €0 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €857 | €526 | €926 | €978 | €214 | ▼ 78.2% |
| Gross operating margin9900 | €65,097 | €34,903 | -€17,975 | €13,824 | -€7,077 | -€1,012 | -€2,257 | -€2,674 | ▼ 18.5% |
| Operating profit (loss)9901 | -€17,632 | €2,906 | -€28,716 | €8,735 | -€20,314 | -€1,938 | €222 | -€2,888 | - |
| Financial income75/76B | - | - | - | €9 | €151 | €0 | - | - | - |
| Recurring financial income75 | €1,034 | €226 | €1,170 | €9 | €151 | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €51 | €73 | €92 | €101 | €216 | ▲ 113% |
| Recurring financial charges65 | €1,149 | €25 | €1,398 | €51 | €73 | €92 | €101 | €216 | ▲ 113% |
| Profit (loss) for the period before taxes9903 | -€17,748 | €3,107 | -€28,944 | €8,693 | -€20,236 | -€2,030 | €120 | -€3,104 | - |
| Profit (loss) for the period9904 | -€17,748 | €3,107 | -€28,944 | €8,693 | -€20,236 | -€2,030 | €120 | -€3,104 | - |
| Profit (loss) for the period to be appropriated9905 | -€17,748 | €3,107 | -€28,944 | €8,693 | -€20,236 | -€2,030 | €120 | -€3,104 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €60,013 | €31,183 | €10,208 | €16,176 | €19,275 | €10,180 | €4,933 | €1,386 | ▼ 71.9% |
| Fixed assets21/28 | €750 | €2,002 | €1,001 | €375 | €325 | €0 | - | - | - |
| Tangible fixed assets22/27 | - | €1,252 | €626 | €0 | - | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0 | - | - | - | - | - |
| Financial fixed assets28 | €750 | €750 | €375 | €375 | €325 | €0 | - | - | - |
| Current assets29/58 | €59,263 | €29,181 | €9,207 | €15,801 | €18,950 | €10,180 | €4,933 | €1,386 | ▼ 71.9% |
| Amounts receivable within one year40/41 | €43,012 | €20,092 | €6,185 | €7,901 | €14,323 | €1,969 | €1,961 | €141 | ▼ 92.8% |
| Trade receivables40 | - | - | - | €6,782 | €13,002 | €1,068 | €1,704 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €1,119 | €1,321 | €901 | €257 | €141 | ▼ 45.2% |
| Cash at bank and in hand54/58 | €15,709 | €8,793 | €2,697 | €7,900 | €3,772 | €8,211 | €2,972 | €1,245 | ▼ 58.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0 | €855 | €0 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €60,013 | €31,183 | €10,208 | €16,176 | €19,275 | €10,180 | €4,933 | €1,386 | ▼ 71.9% |
| Equity10/15 | -€90,021 | -€86,914 | -€115,858 | -€107,165 | -€127,401 | -€129,430 | -€129,310 | -€132,414 | ▼ 2.4% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€108,621 | -€105,514 | -€134,458 | -€125,765 | -€146,001 | -€148,030 | -€147,910 | -€151,014 | ▼ 2.1% |
| Amounts payable17/49 | €150,033 | €118,097 | €126,066 | €123,341 | €146,676 | €139,610 | €134,243 | €133,800 | ▼ 0.3% |
| Amounts payable within one year42/48 | €121,671 | €113,224 | €124,626 | €122,381 | €146,676 | €139,610 | €134,243 | €133,800 | ▼ 0.3% |
| Trade debts44 | €10,243 | €8,267 | €2,648 | €1,292 | €10,344 | €3,520 | €408 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €1,292 | €10,344 | €3,520 | €408 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €585 | €72 | €35 | €35 | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €125 | €72 | €35 | €35 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | - | €460 | €0 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €120,504 | €136,259 | €136,055 | €133,800 | €133,800 | = |
| Accrued charges and deferred income492/3 | - | - | - | €960 | €0 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,748 | €3,107 | -€28,944 | €8,693 | -€20,236 | -€2,030 | €120 | -€3,104 | - |
| + Depreciation and write-downs630 | €1,044 | €626 | €626 | €626 | €0 | - | - | - | - |
| Operating cash flow (approximation) | -€16,704 | €3,733 | -€28,318 | €9,319 | -€20,236 | -€2,030 | €120 | -€3,104 | - |
| Investment in fixed assets (approximation) | - | -€1,878 | €375 | €0 | €50 | €325 | - | - | - |
| Change in cash | - | -€6,916 | -€6,096 | €5,203 | -€4,128 | €4,439 | -€5,239 | -€1,727 | ▲ 67.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-04-2026 | 2026-00100875 | |
| 31-12-2024 | micro format | 17-07-2025 | 2025-00286393 | |
| 31-12-2023 | micro format | 05-07-2024 | 2024-00222615 | |
| 31-12-2022 | micro format | 20-06-2023 | 2023-00144849 | |
| 31-12-2021 | micro format | 19-07-2022 | 2022-20208949 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-62800386 | |
| 31-12-2019 | micro format | 24-07-2020 | 2020-34100450 | |
| 31-12-2018 | micro format | 30-07-2019 | 2019-41100241 | |
| 31-12-2017 | micro format | 12-07-2018 | 2018-33000124 | |
| 31-12-2016 | micro format | 10-07-2017 | 2017-29900136 |
Board & ownership
Directors
Directors
1 director, last change in 2026
Dendraen,Fabrice Pierre Jean-Claude
Current
Director · since 06-02-2014 · term without a fixed end · listed in the 2025 annual accounts, filed on 30-04-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 12: Externe vertegenwoordiging Onverminderd de algemene vertegenwoordigingsmacht van het bestuursorgaan als college…”
deed of 30-01-2024Owners and capital
Owners
Mandate history
2 people, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Dendraen,Fabrice Pierre Jean-Claude |
|
| Dendraen,Fabrice |
|
Articles of association
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Artikel 2:80 WVV, artikel 2:71 §2 derde lid WVV”
Articles of association, deed of 11-06-2026 (in Dutch)
Network & group
FLAG shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of FLAG. Every other company they 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
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
11-06
Gazette deed
Dissolution with immediate closure of the liquidationResignation: Dendraen,Fabrice (director) · Director discharge · Liquidation distribution8 points ▸
Gazette deed
Dissolution with immediate closure of the liquidation
Resignation: Dendraen,Fabrice (director) · Director discharge · Liquidation distribution8 points ▸
- General meeting, 21-05-2026
- Dissolution, “ontbinding en invereffeningstelling” (deed in Dutch)
- Liquidation closure, “verslag van de bedrijfsrevisor, aandeelhouders zelf” (deed in Dutch)
- Director resignation, Dendraen,Fabrice (director)
- Director discharge, Dendraen,Fabrice (director)
- Liquidation distribution, “eventuele nog opduikende vereffeningskosten dragen en betalen, toebedeling en terugname alle resterende activa” (deed in Dutch)
- Custody of records, “9031 Gent Boelenaar 1, boeken en bescheiden van de Vennootschap” (deed in Dutch)
- Other provision, “geen consignatie Deposito- en Consignatiekas, schuldeisers of aandeelhouders” (deed in Dutch)
30-04
micro format · 92 days before the deadline
2025
17-07
micro format · 14 days before the deadline
2024
31-12
Financial
Back to profitnet €120
The net result is €120, after 2 loss-making years.
05-07
micro format · 26 days before the deadline
30-01
Gazette deed
Resignation: Dendraen,Fabrice Pierre Jean-Claude (director)Reappointment: Dendraen,Fabrice Pierre Jean-Claude (director) · Amendment of the articles · Registered office clause7 points ▸
Gazette deed
Resignation: Dendraen,Fabrice Pierre Jean-Claude (director)
Reappointment: Dendraen,Fabrice Pierre Jean-Claude (director) · Amendment of the articles · Registered office clause7 points ▸
- General meeting, 09-01-2024
- Amendment of the articles, mentioned 2 times in the deed
- Other provision, “bestuursorgaan, uitkeringen uit winst lopende boekjaar of winst voorgaande boekjaar zolang jaarrekening nog niet goedgekeurd” (deed in Dutch)
- Director resignation, Dendraen,Fabrice Pierre Jean-Claude (director)
- Director reappointment, Dendraen,Fabrice Pierre Jean-Claude (director)
- Registered office clause, “extrastatutaire bevestiging, 9031 Gent,Boelenaar 1” (deed in Dutch)
- Power of attorney, Jeroen Parmentier
2023
20-06
micro format · 41 days before the deadline
2022
19-07
micro format · 12 days before the deadline
2021
31-12
Financial
Back to profitnet €8,693
The net result is €8,693, after one loss-making year.
31-08
micro format · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€28,944
The net result drops to -€28,944, the lowest from 2018 to 2025.
24-07
micro format · 7 days before the deadline
Show earlier events
2019
31-12
Financial
Back to profitnet €3,107
The net result is €3,107, after one loss-making year.
30-07
micro format · 1 day before the deadline
2018
12-07
micro format · 19 days before the deadline
2017
10-07
micro format · 21 days before the deadline
2005
25-08
8 publications in the Belgian Official Gazette, the last on 11-06-2026
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive since August 2026
FLAG has not been in the KBO register since 12 August 2026.
- Status
- Inactiveout of the register since 12 August 2026
- Last annual accounts
- financial year to 31 December 2025
- Last registered office
- Boelenaar 1, 9031 Drongen (Gent)as published on 11 June 2026
- Legal form
- Private limited company
- Active since
- 12 August 2005
Purpose, financial year and meetings according to the articles of association
Name, seat, purpose and duration
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle activiteiten als agent van mannequins of modellen,minder en/of meerderjarig,acteurs of…”
4 activities
- Alle activiteiten als agent van mannequins of modellen,minder en/of meerderjarig,acteurs of toneelspelers,sporters,beroemdheden,kappers,grimeurs,fotografen,regisseurs en stylistes
- Alle activiteiten in verband met de verhuring van film en fotostudio’s
- Alle activiteiten in verband met casting en productievoorbereidingen
- Alle andere activiteiten die rechtstreeks of onrechtstreeks te maken hebben met mode en publiciteit,zoals onder meer activiteiten van uitgeverij,productie,organisatie van modeshows en defilés,…
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”
General meeting and financial year
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Tuesday of June at 18:00
Articles of association, deed of 30-01-2024 (in Dutch)
Sites & property
Location
Buildings and parcels at the address
Ground area
1,232 m²
Building footprint
295 m²
Building volume
2,046 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44017C0504/00K002 | Flanders | 1,232 m² | 1 · 295 m² | 10.5 m · 2 |