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Flandrien

Active
Public limited companyfounded 1982active for 44 yearsRobert Klingstraat 35, 8940 Wervik, BelgiumKBO/BCE: BE 0422.713.429
Summary

Flandrien has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.3m and a net result of €1.3m. Equity is growing by about 6.9% per year across the filed financial years. Its solvency ranks better than 34% of 6,139 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
FlandrienActiveChecked score 88/100
Risk analysis ReportCompare

Overview

Activity
Wholesale trade
NACE 46331
3rd largest company by total assets in Wervik, Wholesale and retail trade sector1 site
Size
€29.7mturnover 2025
Staff
18 FTE
Equity
€4.3m
Profit
€1.3m
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
JAN DESMET · 99.95%
Auditor: Bedrijfsrevisor Bart Bosman2025 accounts on time3 of 10 deeds summarised
Why 88raises riskLiquidity: current ratio 1.12, cash €166,317, halvedlowers riskFounded in 1982Profit of €1.3m (financial year 2025)Legal form: public limited companyShow the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 52% of its sector peers (NACE 46, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 56+3
equity 31.0% of total assets
Liquidity 23-5
short-term debt 55.0% · cash 1.2%
Profitability 70+9
return on assets 9.2%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,373 companies, NACE 46, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 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 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026highest value 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €370,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.12, compared with 1.31 in 2024, below the usual 1.5; short-term debt: 55% and cash: 1.2% of total assets), and 69% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, small): better than 36% on solvency, 21% on liquidity, 61% on profitability and 89% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.12, cash €166,317, halved
NBB · annual accounts
lowers risk · Founded in 1982
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Profit of €1.3m (financial year 2025)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
27 days early
2023
36 days early
2022
34 days early
2021
5 days early
2020
3 days early
2019
58 days 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 23 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: BV Bedrijfsrevisor Bart Bosman (statutory…Permanent representative: Bart Bosman
  2. Annual accounts filedfinancial year 2025 · full…
  3. Highest result from 2018 to 2025net €1.3m ▲207%

Key points

  • Positive: Result rose in 2025from €410,772 to €1.3m ▲ 207% View
  • Positive: 3rd largest company by total assets in Wervik, Wholesale and retail trade…in the Checked rankings No. 3 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €1.3m 8 years View
  • Controlled by JAN DESMET 99.95% View
  • Flemish supportawarded from 2022 to 2025 €102,209 View

By topic

Financials

Financial year
2025
Turnover
€29.7m
Profit
€1.3m
Solvency
31.0%
Turnover▲ 27.8%
Net result
20212025
Go to Financials

Board & ownership

Board
2 members
Parent
JAN DESMET · 99.95%
Auditor
Bedrijfsrevisor Bart Bosman
  • Helga DeloofManaging director
  • JAN DESMETManaging director
Go to Board & ownership

Timeline

Events
49
Since
1983
Next accounts
by 31-07-2027
  1. 04-07-2025Annual accounts filed
  2. 25-06-2024Annual accounts filed
  3. 11-12-2023Amendment of the articles
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale tradeNACE 46331
Founded
21-04-1982
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Flandrien

What is the company number of Flandrien?
0422.713.429. In Belgium the VAT number is the company number with BE in front: BE 0422.713.429.
Where is Flandrien based?
The registered office is at Robert Klingstraat 35, 8940 Wervik.Company details
What does Flandrien do?
According to the KBO register, the main activity is wholesale trade (NACE 46331).
What is the legal form of Flandrien?
Public limited company (NV).
When was Flandrien founded?
On 21-04-1982.
Is Flandrien still active?
Yes, Flandrien is an active enterprise in the KBO register.
How many employees does Flandrien have?
On average 18 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Flandrien?
€29.7m in financial year 2025, according to the filed annual accounts.
Is Flandrien profitable?
In financial year 2025, Flandrien made a profit of €1.3m.
Where can I find the annual accounts of Flandrien?
Flandrien filed 44 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Flandrien due?
By 31-07-2027, for financial year 2026.Timeline

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