Debts
€402,779 97% of the balance sheet
Financial debts 44%Suppliers 7%Other 49%
Of this, €226,455 falls due within a year.
FLAG IMMO
Overview
Lifetime
1 annual account with figurespeak €14,899 (2023)
€14,899
lowest -€11,153 (2023)
-€11,153
peak €11,986 (2023)
€11,986
€402,779
Board1 name since 2008
1 directorNOVO BELGIUM HOLDING SA
Owners3 names in the annual accounts
99.96%NOVO BELGIUM HOLDING
Documentsfilings and deeds
14-10-202475 days late
2023micro format
Loss of €11,153First year with figures
Key points
from the 2023 annual accounts, the last ones filedNo score
Recent changes
Merger: absorbed by NOVO BELGIUM HOLDING
NOVO BELGIUM HOLDING holds all the shares · Director discharge: administratrice unique (administratrice unique de la société absorbée) · General meeting of 28-06-2024 · Gazette deed
Merger proposal: to be absorbed by NOVO BELGIUM HOLDING
NOVO SA holds all the shares · NOVO BELGIUM HOLDING holds all the shares · Gazette deed
Incorporation
6 publications in the Belgian Official Gazette, the last on 12-11-2024 · Gazette deed
Official details
Source: KBO- Status
- Absorbed by NOVO BELGIUM HOLDINGmerger by absorption, November 2024
- Activity
- “L'administration et l'exploitation par bail, location ou autrement, de tout immeuble bâti ou non…” (deed in French)From the articles, 5 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2023
- €14,899
- ≈ €110,000estimated
- €11,153
- €11,986
- €414,765
- Filing
- Filed on 14-10-2024
Insights on FLAG IMMO
Absorbed by NOVO BELGIUM HOLDING in November 2024. The last annual accounts are for financial year 2023.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2023
micro format, filed on 14-10-2024, 75 days late€14,899
-€6,828
-€11,153
-€197,287
2.9%
0.13
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €52,000 and €270,000.
Balance sheet
balance sheet total €414,765 on 31-12-2023What the company ownsHow it is paid for
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2023 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
414,765 | |
21/28 |
385,597 | |
22/27 |
385,597 | |
22 |
385,597 | |
29/58 |
29,168 | |
40/41 |
18,657 | |
40 |
3,611 | |
41 |
15,046 | |
54/58 |
10,511 | |
| Balance sheet: equity and liabilities | ||
10/49 |
414,765 | |
10/15 |
11,986 | |
10/11 |
24,000 | |
13 |
796 | |
130/1 |
796 | |
1311 |
796 | |
14 |
-12,810 | |
17/49 |
402,779 | |
17 |
176,324 | |
170/4 |
176,324 | |
42/48 |
226,455 | |
42 |
7,974 | |
44 |
30,153 | |
440/4 |
30,153 | |
47/48 |
188,328 | |
| Income statement | ||
9900 |
14,899 | |
630 |
12,402 | |
640/8 |
9,325 | |
9901 |
-6,828 | |
65/66B |
4,325 | |
65 |
4,325 | |
9903 |
-11,153 | |
9904 |
-11,153 | |
9905 |
-11,153 | |
| Appropriation of the result | ||
9906 |
-12,810 | |
14P |
-1,658 | |
| Document | ||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2023 at the NBB, filed on 14-10-2024.
Filings
each dot is a set of accounts, on the day it reached the National Bank2023 annual accounts filed 75 days after the deadline. Filed on 14 October 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00505879.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 14-10-2024 | 2024-00505879 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2023 |
|---|---|---|
| 5,574 | ||
| 1,249 | ||
| 58,959 | ||
| -197,287 | ||
| 2.9% | ||
| 0.13 | ||
| 33.61 | ||
| -93.1% | ||
| -2.7% | ||
| 1.29 |
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.
Securities and guarantees
on own assets and for others| Item | 2023 |
|---|---|
| Mortgages, amount registered | €184,298 |
| Carrying value of the mortgaged assets | €385,597 |
Source: notes to the 2023 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2023 |
|---|---|
| Tangible fixed assets | €58,959 |
| €12,402 |
Source: notes to the 2023 annual accounts (statement of fixed assets)
Insights on FLAG IMMO
Debt's share of the balance-sheet total is 97.1%.
Board & ownership
Last board
1 directorDirector
since 03-03-2008
listed in the 2023 annual accounts, filed on 14-10-2024
Mandates through the years
1 name, the dashed line is todayNOVO BELGIUM HOLDING SA
Director
Director
Board
Mandates as a list
- NOVO BELGIUM HOLDING SA
- Director, from 03-03-2008 to date
Control
Capital
- Capital
- €24,000
- Shares
- 2,400
- Contribution per share
- €10
- Equity per share
- €4.99 in 2023
- Source
- deed of 18-01-2024
Owners through the years
as the annual accounts name themOwners as a list
- NOVO BELGIUM HOLDING
- BRAINACTIVITY
- PETILLON IMMO & INVEST
Source: lists of holdings in the owners' accounts
Capital transactions
Shareholders according to the deeds
Stated in the deed
deed of 12-11-2024 ↗
- NOVO BELGIUM HOLDING (BE 0864.454.892) all shares
Stated in the deed
deed of 18-01-2024 ↗
- NOVO BELGIUM HOLDING (BE 0864.454.892) all shares
Capital over time
- 18-01-2024 Capital stated in the deed · €24,000 · 2,400 shares
Network & group
No group
FLAG IMMO has no parent and no holdings in its annual accounts. NOVO BELGIUM HOLDING SA is the only director.
Acquisitions and mergers
1 transactionTaken over by:NOVO BELGIUM HOLDING
Connections & network
1 last directorThe network starts from the directors of FLAG IMMO. 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
Timeline
4 events since 2006Capital
Filings
20062008201020122014201620182020202220242026
2024
Merger: absorbed by NOVO BELGIUM HOLDINGNOVO BELGIUM HOLDING holds all the shares · Director discharge: administratrice unique (administratrice unique de la société absorbée) · General meeting of 28-06-20244 points ▸
- General meeting, 28-06-2024
- Accounting effect, 01-10-2023
- NOVO BELGIUM HOLDING holds all the shares
- Director discharge, administratrice unique (administratrice unique de la société absorbée)
- The deed holds 16 more points.
Annual accounts 2023 filed NBBmicro format · 75 days late
Merger proposal: to be absorbed by NOVO BELGIUM HOLDINGNOVO SA holds all the shares · NOVO BELGIUM HOLDING holds all the shares9 points ▸
- Capital, €52,447,527.97, 3,202 shares
- NOVO SA holds all the shares
- Capital, €24,000, 2,400 shares
- NOVO BELGIUM HOLDING holds all the shares
- Accounting effect, 01-10-2023
- Net-asset statement, 30-09-2023, 148534.45
- Net-asset statement, 30-09-2023, 319.21
- Net-asset statement, 30-09-2023, 462.88
- Net-asset statement, 30-09-2023, EUR
- The deed holds 9 more points.
2006
Incorporation PDF6 publications in the Belgian Official Gazette, the last on 12-11-2024
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
FLAG IMMO has filed annual accounts once, for financial year 2023.1 In 2024 the company was absorbed by merger into NOVO BELGIUM HOLDING.2
Company details
Purpose according to the articles of association
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L'administration et l'exploitation par bail, location ou autrement, de tout immeuble bâti ou non bâti dont la société pourrait devenir…”
5 activities
- L'administration et l'exploitation par bail, location ou autrement, de tout immeuble bâti ou non bâti dont la société pourrait devenir propriétaire par voie d'acquisition, échange, apport ou autrement et, d'une manière générale, toutes opérations mobi1lères, immobilières ou financières quelconques pouvant se rattacher directement ou indirectement à l'objet précité pourvu que ces opérations ne modifient pas le caractère civil de la société.
- Elle peut s'intéresser par toutes vojes à toute société ou entreprise ayant un objet similaire ou connexe au sien ou dont l'objet serait de nature à faciliter, même indirectement, la réalisation du sien.
- Elle peut de même conclure toutes conventions de collaboration, de rationalisation, d'association ou autres avec de telles sociétés ou entreprises.
- Elle peut se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne ou société, liée ou non.
- Elle peut exercer les fonctions d'administrateur, gérant et liquidateur.
Articles of association, deed of 18-01-2024 (in French)
Inactive
Absorbed by NOVO BELGIUM HOLDING in November 2024
FLAG IMMO is no longer in the KBO register. NOVO BELGIUM HOLDING took it over in a merger by absorption, published in the Belgian Official Gazette on 12 November 2024.
- Status
- Inactive
- Reason
- Merger by absorptionBelgian Official Gazette, 12 November 2024 · deed
- Absorbed by
- NOVO BELGIUM HOLDING · 0864.454.892
- Last annual accounts
- financial year to 31 December 2023
- Last registered office
- Place Eugene Flagey 7, 1050 Ixelles (Bruxelles)as published on 12 November 2024
- Legal form
- Cooperative company
- First annual accounts
- financial year 2023