FLAMENT
ActiveSummary
FLAMENT has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €177,145. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 85% of 1765 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.73 in 2024; short-term debt: 21.1% and cash: 2.4% of total assets), and 21.1% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.9%
Return on assets
10.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
33 d early
2023
25 d early
2022
51 d early
2021
44 d early
2020
52 d early
2019
52 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 42 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€1.3m▲ 4.8%
2024 · €1.3m
Total assets
€1.7m▲ 4.0%
2024 · €1.6m
Net result
€177,145▲ 70.0%
2024 · €104,179
Working capital
€292,166▲ 12.2%
2024 · €260,382
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€49,859▼ 35.7%€113,864▲ 128%€122,449▲ 7.5%€132,160▲ 7.9%€237,622▲ 79.8%
Net result€49,403within the sector's middle half▼ 34.2%€112,523within the sector's middle half▲ 128%€118,252within the sector's middle half▲ 5.1%€104,179within the sector's middle half▼ 11.9%€177,145within the sector's middle half▲ 70.0%
Equity€1.2mabove the sector's middle half▲ 4.5%€1.2mabove the sector's middle half▲ 1.1%€1.3mabove the sector's middle half▲ 10.2%€1.3mwithin the sector's middle half▲ 0.3%€1.3mwithin the sector's middle half▲ 4.8%
Total assets€1.9mwithin the sector's middle half▲ 1.8%€1.5mwithin the sector's middle half▼ 18.2%€1.7mwithin the sector's middle half▲ 7.4%€1.6mwithin the sector's middle half▼ 0.8%€1.7mwithin the sector's middle half▲ 4.0%
Debt€734,489▼ 2.2%€378,788▼ 48.4%€375,499▼ 0.9%€358,316▼ 4.6%€361,368▲ 0.9%
Working capital€396,346within the sector's middle half▲ 74.6%€450,631within the sector's middle half▲ 13.7%€412,515within the sector's middle half▼ 8.5%€260,382within the sector's middle half▼ 36.9%€292,166within the sector's middle half▲ 12.2%
Solvency61.1%above the sector's middle half▲ 1.6pp75.5%above the sector's middle half▲ 14.4pp77.4%above the sector's middle half▲ 1.9pp78.2%above the sector's middle half▲ 0.9pp78.9%above the sector's middle half▲ 0.7pp
Current ratio1.58within the sector's middle half▲ 0.232.26within the sector's middle half▲ 0.682.12within the sector's middle half▼ 0.141.73within the sector's middle half▼ 0.391.81within the sector's middle half▲ 0.08
Return on assets (ROA)2.6%within the sector's middle half▼ 1.4pp7.3%within the sector's middle half▲ 4.7pp7.1%within the sector's middle half▼ 0.2pp6.3%within the sector's middle half▼ 0.8pp10.4%above the sector's middle half▲ 4.0pp
Staff (FTE)1below the sector's middle half▼ 91.7%1below the sector's middle half=1within the sector's middle half=1within the sector's middle half=1within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 80% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets
€1.1m ▲ 3.0%
Current assets
€653,534 ▲ 5.6%
Equity and liabilities €1.7m
Equity
€1.3m ▲ 4.8%
Debt
€361,368 ▲ 0.9%
Debt's share of the balance-sheet total falls from 21.8% to 21.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€485,971▲
2024 · €325,416
Cash flow
€425,494▲
2024 · €297,435
Quick ratio
0.28▼
2024 · 0.46
Debt to equity
0.27▼
2024 · 0.28
ROE
13.1%▲
2024 · 8.1%
Interest coverage
290.31▲
2024 · 194.16
Debt ≤ 1 year
€361,368▲
2024 · €358,316
Income taxes
€67,135▲
2024 · €32,725
Staff costs
€84,341▲
2024 · €60,378
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €12,600 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €76,009 | €76,202 | €60,378 | €84,341 | ▲ 39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €342,403 | €266,981 | €274,687 | €193,256 | €248,349 | ▲ 28.5% |
| Other operating charges640/8 | - | €21,293 | €23,337 | €37,385 | €27,891 | ▼ 25.4% |
| Gross operating margin9900 | €489,450 | €478,147 | €496,675 | €423,179 | €598,203 | ▲ 41.4% |
| Operating profit (loss)9901 | €49,859 | €113,864 | €122,449 | €132,160 | €237,622 | ▲ 79.8% |
| Financial income75/76B | - | €3,844 | €5,475 | €6,420 | €8,332 | ▲ 29.8% |
| Recurring financial income75 | €3,633 | €3,844 | €5,475 | €6,420 | €8,332 | ▲ 29.8% |
| Financial charges65/66B | - | €1,575 | €1,390 | €1,676 | €1,674 | ▼ 0.1% |
| Recurring financial charges65 | €4,089 | €1,575 | €1,390 | €1,676 | €1,674 | ▼ 0.1% |
| Profit (loss) for the period before taxes9903 | €49,403 | €116,133 | €126,534 | €136,904 | €244,280 | ▲ 78.4% |
| Income taxes67/77 | - | €3,610 | €8,282 | €32,725 | €67,135 | ▲ 105% |
| Profit (loss) for the period9904 | €49,403 | €112,523 | €118,252 | €104,179 | €177,145 | ▲ 70.0% |
| Profit (loss) for the period to be appropriated9905 | €49,403 | €112,523 | €118,252 | €104,179 | €177,145 | ▲ 70.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €1.5m | €1.7m | €1.6m | €1.7m | ▲ 4.0% |
| Fixed assets21/28 | €811,635 | €735,000 | €876,367 | €1.0m | €1.1m | ▲ 3.0% |
| Tangible fixed assets22/27 | €811,635 | €735,000 | €876,367 | €1.0m | €1.1m | ▲ 3.0% |
| Land and buildings22 | - | €275,686 | €310,562 | €352,019 | €391,439 | ▲ 11.2% |
| Plant, machinery and equipment23 | - | €66,746 | €192,240 | €194,815 | €317,295 | ▲ 62.9% |
| Furniture and vehicles24 | - | €392,568 | €373,565 | €479,596 | €348,056 | ▼ 27.4% |
| Current assets29/58 | €1.1m | €808,169 | €781,764 | €618,698 | €653,534 | ▲ 5.6% |
| Stocks and contracts in progress3 | €680,906 | €599,845 | €564,927 | €455,089 | €554,024 | ▲ 21.7% |
| Stocks30/36 | - | €599,845 | €564,927 | €455,089 | €554,024 | ▲ 21.7% |
| Amounts receivable within one year40/41 | €117,591 | €159,472 | €79,922 | €79,126 | €58,723 | ▼ 25.8% |
| Trade receivables40 | - | €99,899 | €27,941 | €4,335 | €9,770 | ▲ 125% |
| Other amounts receivable41 | - | €59,573 | €51,981 | €74,791 | €48,953 | ▼ 34.5% |
| Cash at bank and in hand54/58 | €276,215 | €48,852 | €136,915 | €84,483 | €40,787 | ▼ 51.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €1.5m | €1.7m | €1.6m | €1.7m | ▲ 4.0% |
| Equity10/15 | €1.2m | €1.2m | €1.3m | €1.3m | €1.3m | ▲ 4.8% |
| Contributions10/11 | €69,410 | €69,410 | €69,410 | €69,410 | €69,410 | = |
| Capital10 | - | €69,410 | €69,410 | €69,410 | €69,410 | = |
| Issued capital100 | - | €69,410 | €69,410 | €69,410 | €69,410 | = |
| Reserves13 | €1.1m | €1.1m | €1.2m | €1.2m | €1.3m | ▲ 5.1% |
| Non-distributable reserves130/1 | - | €6,941 | €6,941 | €6,941 | €6,941 | = |
| Legal reserve130 | - | €6,941 | €6,941 | €6,941 | €6,941 | = |
| Tax-exempt reserves132 | - | €53,199 | €53,199 | €53,199 | €53,199 | = |
| Distributable reserves133 | - | €1.0m | €1.2m | €1.2m | €1.2m | ▲ 5.4% |
| Amounts payable17/49 | €734,489 | €378,788 | €375,499 | €358,316 | €361,368 | ▲ 0.9% |
| Amounts payable after more than one year17 | €56,123 | €21,250 | €6,250 | - | - | - |
| Financial debts170/4 | - | €21,250 | €6,250 | - | - | - |
| Amounts payable within one year42/48 | €678,366 | €357,538 | €369,249 | €358,316 | €361,368 | ▲ 0.9% |
| Current portion of amounts payable after more than one year42 | - | €34,873 | €15,000 | €6,250 | - | - |
| Financial debts43 | - | - | €150,000 | - | €100,000 | - |
| Credit institutions430/8 | - | - | €150,000 | - | - | - |
| Other loans439 | - | - | - | - | €100,000 | - |
| Trade debts44 | €477,379 | €193,035 | €167,109 | €189,008 | €47,349 | ▼ 74.9% |
| Suppliers440/4 | - | €193,035 | €167,109 | €189,008 | €47,349 | ▼ 74.9% |
| Taxes, remuneration and social security45 | - | €3,133 | €6,788 | €26,848 | €58,230 | ▲ 117% |
| Taxes450/3 | - | €414 | €5,111 | €24,404 | €53,973 | ▲ 121% |
| Remuneration and social security454/9 | - | €2,719 | €1,677 | €2,444 | €4,257 | ▲ 74.2% |
| Other amounts payable47/48 | - | €126,497 | €30,352 | €136,210 | €155,789 | ▲ 14.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49,403 | €112,523 | €118,252 | €104,179 | €177,145 | ▲ 70.0% |
| + Depreciation and write-downs630 | €342,403 | €266,981 | €274,687 | €193,256 | €248,349 | ▲ 28.5% |
| Operating cash flow (approximation) | €391,806 | €379,504 | €392,939 | €297,435 | €425,494 | ▲ 43.1% |
| Investment in fixed assets (approximation) | - | -€190,346 | -€416,054 | -€343,319 | -€278,709 | ▲ 18.8% |
| Change in cash | - | -€227,363 | €88,063 | -€52,432 | -€43,696 | ▲ 16.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €177,145 ▲70%
Operating result €237,622, net result €177,145, both a record.
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
10-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Equity above €1mEq €1.0m ▲13.6%
2 profitable years in a row build equity to €1.0m.
05-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wervik · 2 establishment units since 1979
Ground area
1.7 ha
Building footprint
1,698 m²
Volume, LiDAR
12,224 m³
3 parcels, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Vrouwstraat 14, 8940 Wervik
since 19792.016.119.264
Wervikstraat 345, 8930 Menen
since 19972.016.119.363
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34027F0482/00X000 | Flanders | 9,349 m² | 1 · 1,204 m² | 10.1 m · 3 fl. |
| 33009C1072/00H000 | Flanders | 6,267 m² | 1 · 299 m² | 9.4 m · 2 fl. |
| 33009C0937/00G000 | Flanders | 984 m² | 1 · 195 m² | 6.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 930 EUR awarded · 930 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 930 EUR |
| 2022 | 1 | 930 EUR | 0 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteMenen2.016.119.363
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Of 73 companies in sector 01160 we hold annual accounts for 19. 12 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded20-04-1979
Fiscal year end30-09
Activities, NACEBEL 2025
01160Crop and animal production, hunting and related service activities
13100Manufacture of textiles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0419396524
Also
9925:BE0419396524
Registered
07-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.