FLANDOR FLAVOURS INTERNATIONAL
ActiveSummary
FLANDOR FLAVOURS INTERNATIONAL has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.89M and a net result of €841k. Equity is growing by ~30.4% per year across the filed fiscal years. Its solvency ranks better than 83% of 800 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▲+1
Solvency93▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity ample (current ratio 3.26 against 4.04 in 2024; short-term debt: 28.5% and cash: 17.4% of total assets), and 31.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
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
68.3%
Return on assets
19.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-04-2026, 100 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
100 d early
2024
119 d early
2023
62 d early
2022
55 d early
2021
23 d early
2020
36 d early
2019
25 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.89M▲ 28.5%
2024 · €2.25M
2018: €456k
2019: €521k
2020: €817k
2021: €1.11M
2022: €1.49M
2023: €1.78M
2024: €2.25M
2018 → 2025
Total assets
€4.24M▲ 19.5%
2024 · €3.54M
2018: €996k
2019: €1.19M
2020: €1.43M
2021: €1.85M
2022: €2.40M
2023: €2.87M
2024: €3.54M
2018 → 2025
Net result
€841k▲ 24.6%
2024 · €675k
2018: €104k
2019: €240k
2020: €406k
2021: €416k
2022: €497k
2023: €491k
2024: €675k
2018 → 2025
Working capital
€2.73M▲ 10.9%
2024 · €2.46M
2018: €611k
2019: €625k
2020: €919k
2021: €1.14M
2022: €1.49M
2023: €1.79M
2024: €2.46M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.11M-€1.49M▲ 33.4%€1.78M▲ 19.6%€2.25M▲ 26.7%€2.89M▲ 28.5%
Operating result€542k-€665k▲ 22.5%€657k▼ 1.1%€901k▲ 37.2%€1.14M▲ 26.8%
Net result€416k-€497k▲ 19.5%€491k▼ 1.2%€675k▲ 37.4%€841k▲ 24.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 27% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.24M
Fixed assets
€295k ▲ 9.5%
Current assets
€3.94M ▲ 20.3%
Equity and liabilities €4.24M
Equity
€2.89M ▲ 28.5%
Debt
€1.34M ▲ 3.9%
Debt's share of the balance-sheet total falls from 36.4% to 31.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.22M▲
2024 · €968k
Cash flow
€921k▲
2024 · €742k
Current ratio
3.26▼
2024 · 4.04
Quick ratio
2.49▼
2024 · 3.14
Debt to equity
0.46▼
2024 · 0.57
ROE
29.1%▼
2024 · 30.0%
ROA
19.9%▲
2024 · 19.0%
Interest coverage
36.47▼
2024 · 51.62
Debt ≤ 1 year
€1.21M▲
2024 · €810k
Debt > 1 year
€133k▼
2024 · €481k
Income taxes
€283k▲
2024 · €224k
Staff costs
€791k▲
2024 · €651k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 68 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.54M€4.24M▲
Fixed assets21/28€270k€295k▲
Intangible fixed assets21€2k€874▼
Tangible fixed assets22/27€267k€294k▲
Land and buildings22€28k€39k▲
Plant, machinery and equipment23€162k€160k▼
Furniture and vehicles24€77k€94k▲
Financial fixed assets28€700€700=
Current assets29/58€3.27M€3.94M▲
Amounts receivable after more than one year29€4k€3k▼
Other amounts receivable291€4k€3k▼
Stocks and contracts in progress3€731k€927k▲
Stocks30/36€731k€927k▲
Amounts receivable within one year40/41€1.25M€1.29M▲
Trade receivables40€849k€912k▲
Other amounts receivable41€406k€379k▼
Current investments50/53€747k€979k▲
Cash at bank and in hand54/58€536k€736k▲
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€3.54M€4.24M▲
Equity10/15€2.25M€2.89M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€2.19M€2.83M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€970k€843k▼
Distributable reserves133€1.22M€1.98M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.29M€1.34M▲
Amounts payable after more than one year17€481k€133k▼
Financial debts170/4€146k€133k▼
Other amounts payable178/9€335k€0▼
Amounts payable within one year42/48€810k€1.21M▲
Current portion of amounts payable after more than one year42€72k€75k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€425k€755k▲
Suppliers440/4€425k€755k▲
Taxes, remuneration and social security45€113k€178k▲
Taxes450/3€60k€113k▲
Remuneration and social security454/9€53k€65k▲
Other amounts payable47/48€200k€200k=
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€651k€791k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€79k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€64▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€1.62M€2.02M▲
Operating profit (loss)9901€901k€1.14M▲
Financial income75/76B€16k€15k▼
Recurring financial income75€16k€15k▼
Financial charges65/66B€19k€34k▲
Recurring financial charges65€19k€34k▲
Profit (loss) for the period before taxes9903€899k€1.12M▲
Income taxes67/77€224k€283k▲
Profit (loss) for the period9904€675k€841k▲
Transfer from tax-exempt reserves789€126k€547k▲
Transfer to tax-exempt reserves689€314k€421k▲
Profit (loss) for the period to be appropriated9905€488k€968k▲
Appropriation of the result
Profit (loss) to be appropriated9906€488k€968k▲
Transfer to equity691/2€288k€768k▲
To other reserves6921€288k€768k▲
Profit to be distributed694/7€200k€200k=
Return on contributions (dividend)694€200k€200k=
Social balance
Average headcount (FTE)908710.512.9▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €841k ▲24.6%
Operating result €1.14M, net result €841k, both a record.
03-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €2MEq €2.25M ▲26.7%
7 profitable years in a row build equity to €2.25M.
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1MEq €1.11M ▲36.3%
4 profitable years in a row build equity to €1.11M.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €500kEq €521k ▲14.3%
2 profitable years in a row build equity to €521k.
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Zulte · 1 establishment unit since 1977
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Karreweg 229870 ZulteGround area
1.1 ha
Building footprint
3,550 m²
Volume, LiDAR
19,776 m³
Parcel 44081C0453/00V000, Flanders · tallest building 15.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Karreweg 22, 9870 Zulte
since 19772.013.516.102
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44081C0453/00V000 | Flanders | 1.1 ha | 1 · 3,550 m² | 15.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 2025 · 3 entries · 12,379 EUR awarded · 9,959 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,500 EUR | 5,080 EUR |
| 2024 | 1 | 379 EUR | 379 EUR |
| 2022 | 1 | 4,500 EUR | 4,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies voor internationaal ondernemen
Recognitions · licences · registrations
Food safety, FASFC
1 siteZulte2.013.516.102
Legal Entity Identifier
254900IEV38CJYINK405
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BIONAT
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Of 107 companies in sector 10840 we hold annual accounts for 57. 34 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-04-1977
Fiscal year end31-12
Activities, NACEBEL 2025
10840Manufacture of food products
46392Non-specialised wholesale
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.