Equity
€1.3m ▲ 4.8%
FLAMENT paid out €115,000 in dividends. That is 65% of the 2025 profit.
FLAMENT
Lifetime
20 annual accounts with figures on one time axis, 46 filings since 1979peak €772,602 (2019)
€598,203▲ 41.4%
peak €177,145 (2025)
€177,145▲ 70.0%
peak €1.3m (2025)
€1.3m▲ 4.8%
€361,368▲ 0.9%
peak 12 FTE (2020)
1 FTEunchanged
Board2 names since 2024
2 directorsFLAMENT Joos Hendrik and 1 other
Owners
Documentsfilings and deeds
27-03-202634 days before the deadline
2025abbreviated format
Gross margin from €423,179 to €598,203Result from €104,179 to €177,145Dividend €115,000Cash from €84,483 to €40,787
Key points
from the 2025 annual accountsResult
€177,145 ▲ 70.0%
The result rose in 2025 from €104,179 to €177,145.
Turnover
≈ €1.5m estimated
The abbreviated format states no turnover.
Staff
1 FTE from 12 in 2020
Between 2020 and 2025, 92% of the full-time equivalents disappeared.
Filings
46 annual accounts since 1979
The last five annual accounts were filed 25 to 51 days before the end of the period.
Position in the sector
78.9%
Higher solvency than 84% of companies in crop and animal production. Sector median 40.7% · 2,076 companies.
Checked score
96
Excellent
Financially stronger than 66% of micro companies in crop and animal production (NACE 01)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 5,694 companies (NACE 01, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: 0.1%▲ +0.1 percentage points vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 1.81, cash €40,787, halved
lowers risk
Size: 1 FTE, total assets €1.7m
Equity €1.3m (78.9% of total assets)
Sector: Crop and animal production, hunting and related service activities (NACE 01)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, micro). It does better than 92% of them on solvency, 44% on liquidity, 77% on profitability and 50% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as FLAMENT has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FLAMENT itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for FLAMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.81 (1.73 in 2024), above the usual 1.5. Short-term debt is 21.1% and cash 2.4% of total assets. 21.1% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 days early
2024
33 days early
2023
25 days early
2022
51 days early
2021
44 days early
2020
52 days early
2019
52 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 42 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 27 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end07-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0419396524
1 director appointed, 1 resignation, 2 reappointments
Reappointments: FLAMFLAX (director) and FLAMENT Joos Hendrik (director) · Permanent representative: FLAMENT Emmanuël Marcel · Resignation: FLAMENT Joos Hendrik (managing director) · General meeting of 05-01-2024 · Gazette deed
Environmental permit granted
Nieuwbouw of aanleggen · Menen
Registered office moved within Geluwe
New registered office: Kapellestraat 50, 8940 Geluwe · Previous registered office: Vrouwstraat 14, 8940 Geluwe · General meeting of 12-05-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FLAMENT Wervik | €1.7m | €0.6m | 78.9% | 1 |
| LAPIERRE VLASBEDRIJF Ingelmunster | €0.9m | €0.3m | 26.1% | - |
| DEVALIN AGRI Wevelgem | €1.9m | €0.4m | 43.4% | - |
| STONEFLAX Ingelmunster | €2.7m | €0.9m | 66.9% | - |
| FlaxCon Hoegaarden | €2.1m | €0.5m | 88.8% | - |
| PICAVET Zulte | €7.9m | €2.3m | 88.0% | 4.4 |
| CREUPELANT VLAS Kuurne | €0.6m | €0.05m | 74.7% | - |
These companies have the same main activity as FLAMENT: crop and animal production, hunting and related service activities (NACE 01160). They are comparable in size and age: total assets between €619,000 and €7.9m, founded between 1949 and 2019.
Official details
Source: KBO- Status
- Active since 20-04-1979Normal situation
- Activity
- Crop and animal production, hunting and related service activitiesNACE 01160and 1 other
- Establishment units
- 2.016.119.2648940 Wervik, since 20-04-1979
- 2.016.119.3638930 Menen, since 22-10-1997
- Financial year end
- 30 September
- Peppol
- Reachable since 07-12-2025
Annual accounts to 30-09-2025
- €1.7m▲ 4.0%
- Employeeson 30-09-2025
- 2▲ 100%
- Filing
- Filed on 27-03-2026, 34 days before the end of the filing period
Insights on FLAMENT
FLAMENT files the abbreviated format. That format states no turnover. The gross margin rose from €248,183 in 2006 to €598,203 in 2025.
In January 2024, the Official Gazette published the appointment of FLAMFLAX as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FLAMENT
- What is the company number of FLAMENT?
- The company number of FLAMENT is 0419.396.524. The VAT number is the same number with BE in front: BE 0419.396.524.
- Where is FLAMENT based?
- The registered office is at Kapellestraat 50, 8940 Wervik.Company details
- What does FLAMENT do?
- According to the KBO register, the main activity is crop and animal production, hunting and related service activities (NACE 01160).
- What is the legal form of FLAMENT?
- FLAMENT is a public limited company (NV).
- When was FLAMENT founded?
- FLAMENT was founded on 20-04-1979.
- Is FLAMENT still active?
- Yes, FLAMENT is an active enterprise in the KBO register.
- How many employees does FLAMENT have?
- FLAMENT had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FLAMENT?
- The turnover in financial year 2025 is ≈ €1.5m. This figure is estimated from the gross margin of €598,203 and 39 comparable companies (NACE 01). It probably lies between €1.1m and €1.8m.
- Is FLAMENT profitable?
- In financial year 2025, FLAMENT made a profit of €177,145.
- Where can I find the annual accounts of FLAMENT?
- FLAMENT filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FLAMENT due?
- FLAMENT must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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