Flanders Make
ActiveSummary
Flanders Make has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26.0m and a net result of €1.5m. Equity has been growing by about 2.8% per year since 2018. Its solvency ranks better than 27% of 271 sector peers (NACE 72, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 29-08-2003 Normal situation
- Activity
- Other research and development on natural sciences NACE 72109
- Joint committee
- 335 Paritair Comité voor de dienstverlening aan en de ondersteuning van het bedrijfsleven en de zelfstandigen · annual accounts 2025
- Establishment units
- 2.157.851.013 3920 Lommel, since 11-12-2006
- 2.281.551.747 3001 Leuven, since 04-11-2014and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 13-01-2025
Board and ownership
- Auditor
- RSM Interaudit BV
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Turnover
- €32.3m
- ▲ 4.6%
- Surplus
- €1.5m
- ▼ 10.5%
- Equity
- €26.0m
- ▲ 11.0%
- Total assets
- €234.7m
- ▲ 2.5%
- Employees on 31-12-2025
- 235
- ▲ 3.5%
Score breakdownraises riskLiquidity: current ratio 1.92, cash €184,569, halvedEquity €26.0m (11.1% of total assets)lowers riskLegal form: non-profit associationSize: turnover €32.3m, 218.6 FTE, total assets €234.7mShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 72, medium-sized). It does better than 23% of them on solvency, 26% on liquidity, 43% on profitability and 68% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 62 days before the deadline. In the sector (NACE 72), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Largest company by total assets in Limburg, Research and development sectorin the Checked rankings No. 1 View
- Positive: 7 years of growth in a rowturnover 2025: €32.3m 7 years View
- Flemish supportawarded from 2022 to 2025 €237.4m View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Recent changes
- · Gazette deed Appointment: BV RSM InterAudit (statutory auditor)Permanent representative: De Gelder Kevin
- · Gazette deed Resignation: OSTYN Geert (director)Appointment: BEAUDUIN Thomas (director)
- · Gazette deed Resignation: MAEX Karen (director)Appointment: DEMELY Jolyce (director)
Comparable companies
These companies have the same main activity as Flanders Make: other research and development on natural sciences (NACE 72109). They are comparable in size and age: total assets between €63m and €769m, founded between 1989 and 2005.
| Company | Total assets | Turnover |
|---|---|---|
| Flanders Make Lommel | €234.7m | €32.3m |
| HENOGEN Charleroi | €97.2m | €48.7m |
| Cargill R&D Centre Europe Vilvoorde | €99.2m | €62.7m |
| INEOS SERVICES BELGIUM Brussel | €63.4m | €46.7m |
| NELSON LABS Leuven | €769.0m | €41.3m |
| ABLYNX Gent | €417.3m | €147.9m |
| TotalEnergies OneTech Belgium Seneffe | €116.7m | €96.0m |
Key facts about Flanders Make
- What is the company number of Flanders Make?
- The company number of Flanders Make is 0860.286.268. The VAT number is the same number with BE in front: BE 0860.286.268.
- Where is Flanders Make based?
- The registered office is at Oude Diestersebaan 133, 3920 Lommel.Company details
- What does Flanders Make do?
- According to the KBO register, the main activity is other research and development on natural sciences (NACE 72109).
- What is the legal form of Flanders Make?
- The legal form of Flanders Make is Non-profit association (VZW).
- When was Flanders Make founded?
- Flanders Make was founded on 29-08-2003.
- Is Flanders Make still active?
- Yes, Flanders Make is an active enterprise in the KBO register.
- How many employees does Flanders Make have?
- Flanders Make had an average of 218.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Flanders Make fall under?
- In its 2025 annual accounts, Flanders Make states joint committee 335 (Paritair Comité voor de dienstverlening aan en de ondersteuning van het bedrijfsleven en de zelfstandigen).
- What is the turnover of Flanders Make?
- The turnover of Flanders Make was €32.3m in financial year 2025, according to the filed annual accounts.
- Is Flanders Make profitable?
- In financial year 2025, Flanders Make made a profit of €1.5m.
- Where can I find the annual accounts of Flanders Make?
- Flanders Make filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Flanders Make due?
- Flanders Make must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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